A night’s sleep wasn’t enough to calm Yahoo! investors unhappy with the terms of its deal with Microsoft.After sinking 12.1% on Wednesday, Yahoo! shares felllittle further on Thursday, pulling the poster-child of the 1990s Dotcom boom to 14.43 by midday trading, 16.2% down from its Tuesday close.”Investors are clearly disappointed with the terms of...
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Daily Archives: July 30, 2009
Shell CEOs Baptism Of Fire – US-FOREX.US
It’s not easy taking the helm of a company in the midst of an industry slump, but that’s exactly what Peter Voser did a month ago at Royal Dutch Shell. And now the pressure is on for him to expand his cost-cutting drive, after the oil major announced a 70% drop in second-quarter profits...
Disney Seeks Digital Magic – US-FOREX.US
Walt Disney hopes to show its movies overcame the weak economy and waning ad market during its fiscal third quarter, but Wall Street is more interested in its ideas about how to monetize the Internet. Disney ‘s market value has risen 14.1% since the beginning of the year. The Street expects the media conglomerate’s...