Analyst View: Ballmer era set to end for Microsoft

(Reuters) - Microsoft Corp said on Friday that Chief Executive Officer Steve Ballmer would retire within the next 12 months, once it has selected a successor, sending its shares up almost 9 percent. The following is reaction from analysts to the move. SID PARAKH, MCADAMS WRIGHT RAGEN ANALYST "This was a surprise, especially considering how close it is to the recently announced strategic overhaul towards devices and services." KIM CAUGHEY FORREST, SENIOR ANALYST, FORT PITT CAPITAL GROUP "I'm surprised. My first gut reaction is that it came out of the activist investor effort Value Act. ...



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