Scott Thompson

Ironfire Capital founder and managing director Eric Jackson weighs in on the issue. "A lot of ex-employees believe that there is enormous fat there to cut and that it might even be possible to cut it down by half," Jackson, whose company specializes in long/short investments and corporate...

eBay Inc. (Nasdaq: EBAY) today announced that executive David Marcus has been named President of PayPal, effective April 2. PayPal is the leading online payments provider serving millions of merchants and customers around the world with a faster, safer way to pay and be paid. A member of PayPal's...

According to AllThingsD.com's Kara Swisher, Yahoo! (NASDAQ: YHOO) Chief Executive Officer Scott Thompson is planning a company wide restructuring that could see thousands of Yahoo employees being laid off. Swisher cited numerous unnamed sources with knowledge of the planned layoffs who said that...

Piper Jaffray has published a research report on Yahoo! (NASDAQ: YHOO) and expects the company to report 4Q earnings slightly below consensus estimates. In the report, Piper Jaffray writes, "We continue to expect Yahoo! could post Q4 results slightly below the Street at $0.24 on $1.19 billion in...

Yahoo! (Nasdaq: YHOO) co-founder Jerry Yang is leaving the struggling Internet search company he has been with since 1995. California-based Yahoo! made the announcement today after the close of U.S. markets. In a letter to the Yahoo! Board Chairman Roy Bostock, Yang wrote: “My time at Yahoo!,...

Deutsche Bank has published a research report on Yahoo! (NASDAQ: YHOO) after the company's new CEO announcement and reiterates its Hold rating. In the report, Deutsche Bank writes, "We view Yahoo!'s hire of Scott Thompson as CEO as somewhat of a surprise given his background in transaction...

Jefferies & Company has published a research report on Yahoo! (NASDAQ: YHOO) and has downgraded the company from Buy to Hold citing Scott Thompson's lack of media and turnaround expertise as potential negatives. In the report, Jefferies writes, "Scott is an impressive manager who proved at...

Floundering digital media company Yahoo (NASDAQ: YHOO) announced on Wednesday that it has hired PayPal president Scott Thompson as its new CEO. At first glance, the market is not exactly ebullient about the decision, as YHOO shares are trading down 2.49% at $15.89. Given the fluid situation at the...

Bank of America has published a research report on Yahoo! (NASDAQ: YHOO) after the company announced that former President of PayPal, Scott Thompson, has accepted the role as CEO of Yahoo!. In the report, Bank of America writes, "Yahoo! announced that Scott Thompson, the former President of PayPal...

One analyst has a very interesting prediction for the future of Yahoo! (NASDAQ: YHOO). Trip Chowdhry, Managing Director of Equity Research at Global Equities Research, believes that the company – which currently trades in the $16 range – could go to $100 under the guidance of its new chief...

Shares of Dollar Thrifty Automotive (NYSE: DTG) are surging 13% from yesterday's close to $78.69, as rival car rental company Hertz (NYSE: HTZ) Global offered to buy the company for $72 per share ($57.60 in cash and 0.8546 in stock). This offer by Hertz is the latest in the string of offers made...

Macquarie analysts Phil Cusick, Scott Thompson and Derya Erdemli reiterated their Outperform rating for shares of Leap Wireless International, Inc (Nasdaq: LEAP), with a price target of $22. The analysts said that they expect Leap Wireless International to release new pricing plans on Tuesday,...