SEATTLE, Jan. 16 �?" Microsoft Corp. announced its first-ever dividend to shareholders Thursday and said it will issue a two-for-one stock split. Heeding some investors�?T calls to share in the Redmond software giant�?Ts $40.5 billion in cash, the company said it will pay an annual dividend of 16 cents per share on a pre-split basis.
More details on MSNBC.
Meanwhile, proving litigation isn't a sound business model
SANTA CLARA, Calif., Jan. 16 �?" Sun Microsystems Inc. Thursday reported its largest net loss ever, taking more than $2 billion in charges chiefly for investment losses, but managed to squeeze out a small operating profit in a tough environment for selling high-end computers.