Twitter's Dorsey to give a third of his stock to employee equity pool
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Twitter (TWTR) Affirms Dorsey to Give Employees ~6.8M Shares
October 23, 2015 9:06 AM EDTTwitter (NYSE: TWTR) disclosed the following on Friday:
On October 22, 2015, Twitter, Inc. (Twitter) and the Jack Dorsey Revocable Trust dated December 8, 2010 (the Jack Dorsey Trust), for which Jack Dorsey serves as trustee, entered into a Contribution Agreement (the Agreement). Pursuant to the Agreement, the Jack Dorsey Trust will give back and... More
FBR Capital Raises Price Target on Microsoft (MSFT) Following 1Q16
October 23, 2015 7:10 AM EDTFBR Capital reiterated an Outperform rating on Microsoft (NASDAQ: MSFT), and raised the price target to $60.00 (from $53.00), following the company's 1Q16 earnings results. Total revenue of $21.7 billion came in above the Street's estimate of $20.7 billion, as the company posted stronger-thanexpected results in Office 365, Dynamics CRM Online, and computer gaming and hardware.
Analyst Daniel Ives commented, "Last night,... More
