Tag Archives: Yahoo
With the last week controversy surrounded Yahoo over its CEO resume mentioning of Computer Science degree although he had done Accounting, the Third Point Daniel Loeb demanded that the internet company will fire Scott Thompson by Monday. Loeb even also called the resignation of board member Patti Hart, whom he had accused of claiming false degree on her resume, Reuters...
According to Japan’s chief financial officer Toshiki Ohya, Yahoo Japan is in talks with key shareholder Yahoo for a share buyback have ended with no agreement, but what the company left open is the possibility of further negotiation. “We want to positively consider resuming negotiations if the conditions are right,” Ohya told reporters. Yahoo recently...
With the three biggies – Intel, IBM and Yahoo recently revealed their quarter results – commentaries begins, different analysts putting up their point of view on who had gain and who had lost. Intel had reported quarterly revenue of $12.9 billion, operating income of $3.8 billion, net income of $2.7 billion and EPS of $0.53. The company generated approximately $3.0...
Yahoo has reported results for the first quarter ended March 31, 2012. Revenue excluding traffic acquisition costs was $1,077 million for the first quarter of 2012, a 1 percent increase from the first quarter of 2011. Income from operations decreased 11 percent to $169 million in the first quarter of 2012, compared to $190 million in the first quarter of 2011. GAAP revenue...
