T-Mobile Appoints Microsoft (NASDAQ:MSFT)’s Executive Mike Sievert – MSFT, ORCL, NUAN, VRSN, CA

T-Mobile declared on Friday that it has appointed former Microsoft Corporation (NASDAQ:MSFT) and Clearwire Corporation (NASDAQ:CLWR) executive Mike Sievert to run its marketing operations.

T-Mobile CEO John Legere stated in a statement that Mike is a sole creative genius, and his record of accomplishment as a disruptive force in tech and telecom could not be improve suited to their plans to redefine wireless as America’s un-carrier. This is a critical and extremely exciting time for T-Mobile as they race forward with their network modernization and LTE release in 2013, surged investments in re-launching their brand, and begin to surprise victory the U.S. wireless market.

Microsoft Corporation (NASDAQ:MSFT) stock hit highest price at $26.70, beginning with a price of $26.67 and reported decreased -0.52% to the closed at $26.52 with day range of $26.34-$26.70. The total market capitalization remained $223.21 billion; total volume held in the session was 64.09 million shares surprisingly higher than its average volume of 56.90 million shares.

To check the Stocks ups and downs, MSFT last week stock price volatility remained 1.87% and month was at 1.86%. MSFT generated revenue of 72.36 billion in the following twelve months income of $15.71 billion. The Company showed a positive 21.71% in the net profit margin and in addition to in its operating margin which remained 27.46%. Company’s annual sales growth for the past five year was 7.60%.

The MSFT past twelve months price to sales ratio was 3.08 and price to cash ratio remained 3.35. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained Oracle Corporation (NASDAQ:ORCL)’s P/S 3.91% P/C 4.57%, Nuance Communications Inc. (NASDAQ:NUAN)’s P/S 4.04% P/C11.61%, Verisign, Inc. (NASDAQ:VRSN)’s P/S 7.54% P/C 4.28%, CA, Inc. (NASDAQ:CA)’s P/S 2.11% P/C 4.46%.

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Published by Steve Hackney

Steve Hackney is a corporate finance professional with over 14 years of experience in cash management and investing. He earned a Bachelor of Science in Finance from Florida State University and holds a Certified Treasury Professional certification. Steve lives in Orlando, Florida with his family.