InfoAnda - Microsoft's Gates, Ballmer defend stock sales |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Iraq takes control of Green Zone, US troops | 2 January 2009
Craigslist revenue to hit 100 mln dollars: media group | 11 June 2009
U.N. says Congo rebels pulling back in hundreds | International | | 19 November 2008

Verizon Wireless bets on Storm for holiday season | Technology | | 19 November 2008

Forum Views () Forum Replies ()

Read more with google mobile : Microsoft's Gates, Ballmer defend stock sales |

Edition: U.S. Article Comments (0) Email Print Reprints Read Analysis: Europe is next test for weakened Obama 15 Nov 2010 Billions can be saved in defense budget: McCain 15 Nov 2010 Ukraine's topless group widens political role 15 Nov 2010 Special Report: Was a Houston energy trader a one-woman Enron? 15 Nov 2010 Irish rebuff bailout call in euro zone crisis | 3:49pm EST Discussed 334 Pilots and passengers rail at new airport patdowns 119 Analysis: Europe is next test for weakened Obama 97 Analysis: German tempers fray as U.S. policy gulf widens Watched Japanese Tourism Bra Wed, Nov 10 2010 Bejeweled bra exposed in NY Thu, Oct 21 2010 Robot actress steals the show Thu, Nov 11 2010 Microsoft's Gates, Ballmer defend stock sales Tweet This Share on LinkedIn Share on Facebook SEATTLE (Reuters) - Microsoft Corp Chairman Bill Gates and Chief Executive Steve Ballmer defended recent stock sales on Tuesday as they faced tough questions from shareholders frustrated by the lack of growth in the company's shares over the past... Related News Microsoft says sells 1 million Kinect devices Mon, Nov 15 2010 UPDATE 1-Microsoft says sells 1 million Kinect devices Mon, Nov 15 2010 BlackRock cuts Microsoft stake below 5 percent Tue, Nov 9 2010 BlackRock cuts Microsoft stake below 5 pct Tue, Nov 9 2010 REFILE-Microsoft CEO sells 12 pct of his stake, says committed Sat, Nov 6 2010 Related Topics Technology » Stocks SEATTLE | Tue Nov 16, 2010 1:59pm EST SEATTLE (Reuters) - Microsoft Corp Chairman Bill Gates and Chief Executive Steve Ballmer defended recent stock sales on Tuesday as they faced tough questions from shareholders frustrated by the lack of growth in the company's shares over the past decade. Gates, who co-founded the company in 1975, sells 20 million shares every quarter to help fund his philanthropic activities, while Ballmer is planning to sell 75 million shares by year end for tax planning reasons. "Both Bill and I retain very substantial interests in the company," said Ballmer, CEO since 2000, at the company's annual shareholders meeting, which was broadcast on the Web. "If you look at the amount of shares sold by insiders it's really a very small percentage of all of the shares that sell, it's not a material factor in the stock price." More than 50 million Microsoft shares change hands most days on Nasdaq, sometimes more than 100 million. The company has about 8.6 billion shares outstanding. Gates is still the largest individual shareholder with about 7.2 percent of the company, followed by Ballmer with about 4 percent. Gates regularly sells shares in batches of 1 million to 4 million to fund his $33 billion Bill & Melinda Gates Foundation, which became his focus when he retired from day-to-day work at Microsoft in 2008. Asked by a shareholder if he could somehow annul his Microsoft shares, rather than selling them, Gates defended his priorities. "I made that decision that wealth was going to go to the Foundation and the causes of the Foundation as opposed to being some reduction in shares outstanding for Microsoft," said Gates, in his only public utterance at the meeting. Microsoft shares fell about 1 percent to $25.81 on Nasdaq. The shares are down about 15 percent this year, compared to a 9 percent gain in the Nasdaq. They are trading around the same level as 2002. (Reporting by Bill Rigby; Editing by Derek Caney) Technology Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Wednesday, 17 November 2010
Iran security agents strike French diplomats: ministry
Prince William seals engagement with Diana's ring
Vatican to broadcast pope images in HD
Iran starts biggest air defense war games |
U.S. sees Iran rift, says strike would unite country
France warns of deadly diabetes drug
EasyJet profits surge 70%, plans first dividend
Cuban dissident blogger gets Danish think-tank freedom award
US-TECH Summary
Disney’s “A Christmas Carol” Hits DVD And Blu-Ray In 3D
GM hikes the price of landmark stock offering
Afghan president marks holiday with plea for peace
Beatles For Sale: The Beatles Music Finally Available On iTunes
Steve Forbes gives up CEO reins at Forbes Media
Boeing keeps 787s grounded as fire probe continues
Mayim Bialik Blossoms From Guest Star To Regular On "The Big Bang Theory"
Best U.S. option in Yemen? Help it fight al Qaeda: Gates |
China video-sharing site Youku files for IPO in US
Former Alabama Trooper Pleads Guilty To 1965 Civil Rights Era Shooting
Pilgrims stone 'devil' as Muslims celebrate Eid
Afghan Hero Dog Euthanized By Accident
'Baby black hole' offers insight into cosmic enigma
Beatles, iTunes come together
Murkowski Leads Alaska Senate Count; Miller Pins Hopes On Overseas Ballots
Wal-Mart quarterly profit soars, beats expectations
Consumer Reports Poll Uncovers How Americans Spend Holiday Season
Colombia to extradite accused Venezuelan drug lord |
Barnes & Noble says shipments of NookColor start
Lindsay Lohan's Brother To Star As Heroin User In New Film
Poll result triggers violence in Guinea |
Emphatic Park wins Olympic re-match but China rule
Thailand extradites alleged arms dealer Bout to US
Official: Alleged arms dealer Bout en route to US
India government mired in giant graft scandal
China boosts ties with Chile amid push into Latin America
Eight held over Shanghai blaze that left 53 dead
Reuters journalist may have been killed by Thai troops
Gayle hits 333 as Windies dominate Sri Lanka
China jails coal mine chiefs over deadly gas blast
Beatles' hits come to Apple's iTunes store |
U.S. sees huge cyber threat in the future |
French cuisine named 'intangible' world heritage
Beatles, iTunes come together
Paris Louvre asks public for help to buy painting
US-ENTERTAINMENT Summary
Microsoft's Gates, Ballmer defend stock sales |
China's Xi arrives in S.Africa to seek more trade
Beatles' hits come to Apple's iTunes store
Steve Forbes gives up CEO reins at Forbes Media |
Top Indian microfinancier condemns 'rogues' in industry
French wine reaps 304,375 dollar auction record
Scandal-hit Indian outsourcer sees stocks plunge on earnings
Apple says Beatles songs now on iTunes
S.Korea says politics driving US objections to trade pact
Final Harry Potter movie will be "like a war film"
Microsoft says sells 1 million Kinect devices |
China central bank chief warns on fund flows, inflation
Chinese plane maker boasts 100 orders at air show
Beatles' hits come to Apple's iTunes store |
Dolly Parton theme park wins top industry award |
NATO hails Kandahar progress but attacks continue
Prince William seals engagement with Diana's ring
Thailand extradites Russian arms suspect to U.S. |
Iran starts "biggest" air defence war games
China telecom briefly hijacked U.S. Web traffic: panel
Sarkozy goes prime time to sell agenda to French
Bluefin tuna showdown pits economy vs. ecology
Video game industry sales fall 4 percent in October: NPD
Landmine kills 14 in Cambodia |
High-caffeine energy drinks linked to alcohol abuse
Britain compensates former Guantanamo detainees
Online holiday sales growth seen doubling
FDA panel recommends first lupus drug in 50 years
Iran starts biggest air defense war games |
EU in talks with IMF as Irish bailout looms
Colombia to extradite accused Venezuelan drug lord |
Intel Capital unveils $77 million in start-up stakes
US faces 'huge' cyber threat in the future: Gates
U.N. panel cuts gay reference from violence measure |
After tussle, Google Voice application comes to iPhone
Telco payment venture targets Visa and MasterCard
Spoilers trying to sabotage Haiti elections: U.N. |
Karzai remains US partner: Gates
Rights prize a reward for years of suffering: Cuba blogger
France's Sarkozy very worried about Mali hostages |
Asiad bikini girls distract volleyball players
S.Korea snubs North on cross-border tour talks
Suspected Russian arms trafficker arrives in US
Old anti-tank mine kills 14 in Cambodia: police
Philippines ditches much-maligned tourism campaign
Top Taiwan prosecutor targeted by Chinese hackers
Sniffer dog attacks Philippine shopper
TV producer wanted for Mexico death held in LA
Paul McCartney to play Apollo Theater for Sirius XM
Shanghai blaze prompts China fire-safety push
HP hopes to reassure Street, Dell's margins key |
Amazon.com launches movie studio
India, RIM move closer to deal on corporate email: report |
Landmine kills 14 in Cambodia
Adam Lambert to release acoustic EP in December
Oracle should get $40.6 million at most, says SAP expert |
Russian arms suspect arrives in NY from Thailand
Beatles climb iTunes charts after catalog debuts
China telecom briefly hijacked U.S. Web traffic: panel |
"Glee" contest gets own reality TV show
China premier announces inflation clamp-down
Rare pink diamond sells for world record 46 million dollars
Prince Charles calls for action in TV environment film
Online holiday sales growth seen doubling |
High-caffeine energy drinks linked to alcohol abuse: study
Video game industry sales fall 4 percent in October: NPD |
Seoul shares end flat amid caution; LG Elec gains
Intel Capital unveils $77 million in start-up stakes |
CPC Corp reports small fire at Taiwan distillery
South Korea bids for Lithuania nuclear project
New Zealand economy stalls in Q3
Korea Hot Stocks-LG Elec gains, Hyundai E&C, Merchant tumble
S.Korea bonds rangebound after rally on rate hike
S.Korea spotted buying dlrs to keep won weak-dealers
Seoul shares open down on Europe, China worry
Report: Ford to reduce Mazda stake to 3 percent
TV producer wanted for Mexico death held in LA |
Beatles climb iTunes charts after catalog debuts |
App-centric iPhone model is overrated: RIM CEO
Paul McCartney to play Apollo Theater for Sirius XM |
Amazon.com launches movie studio |
India, RIM move closer to deal on corporate email: report
Glee contest gets own reality TV show |
Adam Lambert to release acoustic EP in December |
HP hopes to reassure Street, Dell's margins key
Prince Charles calls for action in TV environment film |
After tussle, Google Voice application comes to iPhone
Oracle should get $40.6 million at most, says SAP expert
Terror attack 'planned this month in Germany'
NATO to endorse Afghan strategy despite Karzai row |
Israel approves Lebanon border village pullout
China Telecom denies hijacking U.S. Web traffic
Germany raises security alert after attack warnings |
Iraq president refuses to sign Aziz death order
GM stock offering to be largest in US history
Taiwan taekwondo fighter disqualified over 'sensor' socks
EU/IMF mission to Ireland to begin Thursday: minister
Israel pullback alarms Lebanon border town |
Iraq's Talabani says will not sign Aziz death order
Swiss pharmaceutical giant Roche to shed 4,800 jobs
"Don't hold your breath" for Facebook IPO: Zuckerberg
U.S. Reluctant For Another War, Offers Training, War Equipment To Yemen
Morocco to investigate W.Sahara raid if Spain requests
Israel to quit half of Lebanon border town
EU to focus more on east neighbors in 2011: Poland |
Found Guilty Of Ethics Lapses, Rangel To Receive Sanction Wednesday
Madagascar top military vows to crush any coup attempt |
Facebook swats bug that disabled accounts
Sarkozy goes prime time to sell agenda to French
U.S. Welcomes Argentina Moves To Settle Paris Club Debt
Afghan transition may go beyond 2014: NATO
Statins May Be Over-Prescribed
Iran military stages mock warplane interception |
NATO: Combat role in Afghanistan could pass 2014
UNESCO Adds 3 Indian Performing Art Forms To Heritage List
Afghan handover could run past 2015 in areas: NATO |
Senator Doesn’t See START Treaty Approval This Year
Report: Premature Birth Rates Falling, But Still Too High
Greeks march to mark student revolt anniversary |
Honored US soldier fought in deadly Afghan valley
Bristol Palin Stars In New Abstinence PSA With The Situation
Four Loco Makers Removing Caffeine From Products
Russia to urge Iran to discuss nuclear programme |
Gates Sees Rift Between Ayatollah, Ahmadinejad After U.N. Sanctions
Egypt blogger released after 4 years in jail |
Justice eludes Cambodian acid attack victims
Evacuations after Delhi building collapse
US to focus on 2014 Afghan withdrawal at NATO meet
China vows to tame inflation, price controls in reserve
Tremlett takes four as England dominate Australia A
Its gelivable! The whole world's speaking Chinese
Bonham Carter to get lifetime prize at indie awards
Windies in control of rain-hit Sri Lanka Test
Ukraine police learn English for Euro 2012
South Korean military boat sinks, 3 dead
Japan to send envoy to Nobel peace award ceremony
Amazon.com launches movie studio |
Inflation hits China's 2010 character poll voting
Innovations move amusement parks into digital age |
Lesbian family film Kids elbows into Oscar race |
Angelina Jolie cuts Bosnia filming on permit woes |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01