Microsoft Announces ‘Chip In’ and 2 Other Hot Stocks to Watch
Microsoft Corporation (NASDAQ:MSFT): Current price $35.66
On Tuesday, Microsoft announced Chip In, which is a new seasonal buying program to help students obtain the Windows PC or tablet required for school. With Chip In, students can crowdsource contributions from friends and family towards the purchase of a new Windows PC or tablet, and Microsoft will chip in 10 percent of the purchase price on select PCs, with the first 10,000 students fully funding their PC will also receiving a four-year subscription to Office 365 University. Participating students may select from a broad array of qualified Windows 8 PCs and tablets and create a “giving page,” then they can share their page with friends and family by means of social media, or email to request contributions in any amount up to the total cost of the PC.
ExactTarget (NASDAQ:ET): Current price $33.69
Bernstein Liebhard is looking into whether the board of ExactTarget breached its fiduciary duty to its shareholders in agreeing to sell ExactTarget to Salesforce.com (NYSE:CRM). Through the terms, ExactTarget shareholders will receive $33.75 in cash for each share they hold. The inquiry is concentrated on the potential unfairness of the price to ExactTarget shareholders and the process through which the ExactTarget board considered and okayed the transaction.
Sirius XM Radio (NASDAQ:SIRI): Current price $3.39
Sirius announced Tuesday that it will present a day-long lineup of performances from aspiring country music stars found by The Highway. Highlights from the Highway Finds Stage will air on The Highway beginning June 5th at 4:00 pm Eastern Time on satellite on channel 59, and through the SiriusXM Internet Radio App on smartphones and other connected devices, along with online at siriusxm.com.