Microsoft Set to Move Higher with Yahoo! Deal Off the Table

6/13 - "Microsoft Corp. (MSFT) was like a coiled spring waiting to pop as soon as the software maker received word that the Yahoo deal was officially dead...The companies have given three months to allow the feds to review the deal, so there is a small window of time if Microsoft does really want to pursue Yahoo, though it’s probably unlikely it does so."

"With the weight of a $44 billion dollar acquisition off its shoulders, Microsoft shares can now trade on the merits, and it’s safe to say that trading at 14x forward earnings is not fair value – that’s why fund managers have been accumulating the stock for quite some time."