19382 Stories, most recent news story added Fri Jul 25, 6:49 pm EDT
Reuters - Yahoo Inc's net profit fell 19 percent but investors took heart that it did not change its outlook despite a weakening U.S. economy and the distraction of Microsoft Corp's failed takeover bid.
July 22 (Bloomberg) -- Yahoo! Inc. Chief Executive Officer Jerry Yang will have to revive the Internet company's profit with a divided board and Carl Icahn as minority leader.
Although Yahoo on Tuesday announced second quarter financial results showing a 19 percent drop in profits, company CEO Jerry Yang contended that his company is making progress on three goals -- around Internet content, advertising, and application development -- stipulated earlier as ways of boosting Yahoo's fortunes.
With Microsoft's $47.5 billion takeover bid off the table and his company's stock price down 20 percent during his 13-month reign as Yahoo's CEO, Jerry Yang has a message for his exasperated shareholders: Things aren't as bleak as they look.
InformationWeek - The Microsoft CEO dismissed Yahoo as a major player in the Internet business, despite previously offering more than $40 billion for the company.
The billionaire investor grabs a seat as eight of Yahoo's current board members, including chairman Roy Bostock and CEO Jerry Yang, will run for re-election next month.
Microsoft CEO Steve Ballmer touched on the talks with Yahoo during the company's annual analyst meeting.
It was a rare opportunity indeed, and a classy, stand-up decision by Yahoo President Sue Decker to sit down with me and answer some tough questions following months of wrangling, first with Microsoft, and then Carl Icahn.
Yahoo's financial results came in lower than analyst expectations for revenue and net income, but the stock is trading higher after hours. Here are highlights from what Chief Executive Jerry Yang, President Sue Decker, and Chief Financial Officer Blake Jorgensen have to say about the second quarter during the company's conference call.
Jerry Yang has never been the swaggering kind. Today, though, this unassuming Chief Yahoo is clearly walking with his head held higher, columnist Therese Poletti writes.
The third of the big three proxy advisory services has issued its recommendation on how investors should vote during Yahoo's upcoming election. The advice: send a message about Yahoo's overpaid top brass.
The software leader will find other ways to gain ground in online search and advertising, investors are told. Microsoft Corp. executives ruled out an acquisition of Yahoo Inc. on Thursday, even as they acknowledged that the Internet company would have provided a needed boost in online search, where the software giant trails leader Google Inc.
A Yahoo acquisition would have helped Microsoft's bid to overtake Google in search, but any current merger plans are dead, Microsoft CEO Steve Ballmer said Thursday.
The warning that precedes all conference calls is usually a short waste of time, but Yahoo's are actually worth noting, just cause there are so many and they're pretty real. Among the one's enumerated by Marta Nichols: uncertainty around the company's deal with Google , customers acceptance of it, regulatory issues related to that deal, future arrangements with Microsoft , and the strength of ...
-- Yahoo's decision to allow the fox into the hen-house means: a Microsoft buyout is either more likely or less likely . Either way, reality bites for Jerry Yang ...
An influential shareholder advisory firm endorsed the re-election of Yahoo Inc.'s entire board Thursday, reducing the chances that the Internet company's directors will be ousted for spurning Microsoft Corp.'s $47.5 billion takeover bid during the spring.
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