-
Things Deteriorated Quickly At Yahoo! Following Marissa Mayer's Secret 2015 Truce With Investor
Friday, June 17, 2016 - 2:29pm | 390Read More...According to more than two dozen investors and current and former Yahoo! Inc. (NASDAQ: YHOO) employees, things started to quickly unravel for the company after CEO Marissa Mayer failed to keep her secret 2015 pledge to investors to limit the company’s spending. The Wall Street Journal’s...
-
Verizon, AT&T Enter Final Round Of Bidding For Yahoo's Internet Assets
Monday, June 13, 2016 - 8:14am | 343Read More...After a lengthy and somewhat confusing bidding process to buy Yahoo! Inc. (NASDAQ: YHOO)'s Internet assets, Verizon Communications Inc. (NYSE: VZ) and AT&T Inc. (NYSE: T) are said to be preparing their final offer. According to Reuters, the two rival telecommunications companies will...
-
GE And Other Companies In Transition That Insiders Are Buying
Monday, May 30, 2016 - 12:11pm | 607Read More...Insiders continue to snap up seeming bargains, even with the markets approaching highs. Three companies in transition saw notable insider purchases recently. Strong insider buying is often considered a positive sign for investors, particularly during volatile periods. Turnaround efforts at a...
-
Activist Heavyweights Form Lobbying Group
Thursday, May 19, 2016 - 9:55am | 399Read More...Major activist hedge funds have formed a lobbying group called Council for Investor Rights and Corporate Accountability (CIRCA) to promote shareholder activism across the country. The announcement comes as presidential candidates Hillary Clinton and Bernie Sanders have been voicing against activist...
-
Yahoo Update: Recode Says Marissa Mayer Is Actively On Board With Sale
Tuesday, May 10, 2016 - 9:42am | 353Read More...Yahoo! Inc. (NASDAQ: YHOO) CEO Marissa Mayer seems to have had a change of heart over the sale of the company, as a Recode report said she is actively on board with the sale. The report said Marissa Mayer has been taking front and center stage of the proceedings, as the second round of bidders have...
-
Verizon 'Just Got One Step Closer' To Acquiring Yahoo's Assets
Thursday, April 28, 2016 - 10:36am | 258Read More...The New York Post reported Wednesday evening that Verizon Communications Inc. (NYSE: VZ) is "one step closer" to acquiring Yahoo! Inc. (NASDAQ: YHOO)'s Internet properties. The New York Post, citing its sources, noted that Yahoo's recent agreement with activist investor and major shareholder...
-
Will Yahoo's Sale Process Get Halted Following Its New Agreement With Starboard Value? Bloomberg Has The Answer
Wednesday, April 27, 2016 - 1:44pm | 281Read More...By Wednesday afternoon, Yahoo! Inc. (NASDAQ: YHOO)'s agreement with activist investor and major shareholder Starboard Value has been well digested by the investment community. However, the question remains: Will the latest agreement impact Yahoo's ongoing search for a buyer to acquire its internet...
-
Bloomberg's Tom Giles Says Yahoo's Agreement With Activist Investor 'Buys Time' For Marissa Mayer
Wednesday, April 27, 2016 - 1:40pm | 260Read More...Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading lower by more than 1 percent on Wednesday after the company reached an agreement with activist investor and major shareholder Starboard Value. CNBC's Jim Cramer said that the agreement is a positive, and Yahoo's business will no longer be in "...
-
Jim Cramer Suggests Yahoo No Longer In 'Disarray' After Reaching Agreement With Starboard
Wednesday, April 27, 2016 - 11:10am | 264Read More...Yahoo! Inc. (NASDAQ: YHOO) announced on Wednesday it has reached an agreement with activist investor and major shareholder Starboard Value. As part of the agreement, Yahoo will add four new independent members to its Board of Directors, including Jeff Smith, Starboard's CEO and Chief...
-
Proxy Battle: What's Happening Between Starboard And DepoMed?
Monday, April 25, 2016 - 4:28pm | 568Read More...Specialty pharmaceutical DepoMed Inc (NASDAQ: DEPO) received a significant boost in early April, following activist investment firm Starboard Value's disclosure of a significant stake in the company. Context Of Proxy Battle At the time of the disclosure, Starboard stated it had "significant...
-
Jeff Smith: Yahoo Could Fetch '$10 Billion-Plus' For Its Internet Assets If A Buyer 'Cared Enough For It'
Tuesday, April 19, 2016 - 1:38pm | 348Read More...Jeff Smith is an activist investor and CEO of Staboard Value. His firm also holds a major stake in Yahoo! Inc. (NASDAQ: YHOO) and has already declared an activist battle against the firm. Speaking to CNBC, Smith said a major grievance against Yahoo was the fact the company has an established...
-
Activist Investor Reaffirms Stance On Depomed, Says 'Meaningful Change Is Needed'
Friday, April 15, 2016 - 2:03pm | 255Read More...Starboard Value, an activist investment firm and major Depomed Inc (NASDAQ: DEPO) shareholder issued a statement Friday morning in response to the company's announcement that it has withdrawn its proposed reincorporation of the company from California to Delaware. The company said on...
-
Depomed Responds To Activist Investor, Notes Starboard Has Made No Contact With Management
Friday, April 8, 2016 - 2:32pm | 173Read More...Shares of Depomed Inc (NASDAQ: DEPO) were trading higher by more than 13 percent Friday afternoon after notable activist investment Starboard Value disclosed a large stake in the company. Related Link: Depomed Spikes 17% As Activist Investor Discloses Large Stake Depomed issued a brief response...
-
Depomed Spikes 17% As Activist Investor Discloses Large Stake
Friday, April 8, 2016 - 9:46am | 262Read More...Shares of Depomed Inc (NASDAQ: DEPO) surged higher by more than 18 percent on Friday after notable activist investment firm Starboard Value disclosed it has taken a 9.8 percent stake in the company. Starboard Value said in its regulatory filing that it believes shares of Depomed are "undervalued"...
-
Starboard Looking Prepped To Exit Darden After Successful Activist Campaign
Friday, March 4, 2016 - 1:09pm | 148Read More...Activist investor Starboard Value LP further reduced its stake in Darden Restaurants, Inc. (NYSE: DRI) to 6.2 percent after successful activist campaign at the restaurant operator led to 35 percent increase in stock price. In January, Starboard cut its stake in the restaurant operator to 8.1...
