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Tuesday, November 1, 2011 - 10:12am
Oops I Did it Again: Yahoo! Board Screws Up Again
Yahoo!'s (NASDAQ: YHOO) board may have screwed up again. After rumors surfaced last week that the company was thinking about launching a share buyback and dividend to appease investors, as opposed to selling the company, Wall Street started to punish the stock. Benzinga spoke to Yahoo! about the...
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Wednesday, September 28, 2011 - 12:20pm
Did We Learn Who Eventually Takes Over Yahoo?
Since it was first announced in early September that Yahoo (NASDAQ: YHOO) CEO Carol Bartz was fired, and Third Point's Dan Loeb had acquired a large stake in the company, there have been rumors swirling about who was going to eventually acquire the company. With last night's news that Chinese...
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Thursday, September 22, 2011 - 10:09am
Are the Lights About to Go On at Yahoo?
This morning Stifel Nicolaus upgraded shares of Yahoo! (NASDAQ: YHOO) and put a $18 price target on shares, as it believes a deal is near. After last week's Delivering Alpha conference, in which Dan Loeb of Third Point hinted that something could be done relatively soon, there is more conviction...
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Wednesday, September 14, 2011 - 11:30am
Daniel Loeb Attempts to Oust Yahoo!'s "Destroyer of Value," Roy Bostock
Carol Bartz was just the beginning. Now that Yahoo!'s (NASDAQ: YHOO) problematic CEO is out of the picture, hedge fund manager and Third Point LLC founder Daniel Loeb is going after Yahoo! Chairman, Roy Bostock – again. In a letter sent to Yahoo! co-founder and former CEO Jerry Yang, Loeb...
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Thursday, September 8, 2011 - 1:55pm
Carol Bartz: Yahoo "F'd Me Over!"
Carol Bartz is leaving the Yahoo (NASDAQ: YHOO) CEO post the same way she came in - with fire and vigor and plenty of "F bombs." Speaking of the company's board of directors, she told Fortune that "These people f**ked me over." According to Bartz's telling of the events surrounding her firing as...
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Thursday, September 8, 2011 - 1:30pm
Can Dan Loeb Agitate Yahoo?
News hit the wires a little bit ago that activist investor Dan Loeb has a 5.15% stake in Yahoo! (NASDAQ: YHOO), just a day after the company botched the firing of former CEO Carol Bartz. You can find a copy of the letter in its entirety on the SEC's website. Third Point LLC is now Yahoo's third...
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Thursday, June 23, 2011 - 2:33pm
What is Going on at Yahoo!?
Shareholders are meeting on Thursday to discuss the progress of Yahoo. Unfortunately for CEO Carol Bartz, Yahoo!'s reported earnings are not at targeted levels. Shareholders may be becoming impatient and frustrated with Bartz's leadership and her plans for improving the company, according to...
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