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NOV 06, 2013 - Yahoo! News

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Microsoft shares hit highest since 2000 with CEO search in view

jumped to their highest since mid-2000 on Wednesday, a day after Reuters reported that the world's largest software company is closing in on appointing a new chief executive In addition, an influential analyst suggested the appointment of an outsider as CEO could result in the sale of Microsoft's Bing and Xbox units, which would bring instant gains. The stock jumped almost 4 percent to hit $38.08 in midday trading on Nasdaq, a level last seen in July 2000, when the tech stock bubble was deflating. Late on Tuesday, Reuters reported that Microsoft had narrowed its CEO shortlist to ... Read More

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