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Not Just Sam Altman, Steve Jobs And These 4 Other Founders Were Also Fired From Their Own Companies
Thursday, May 30, 2024 - 6:00pm | 996Read More...OpenAI co-founder and CEO Sam Altman's firing from the AI startup in November has continued to dominate headlines for several months since then, but he's not the only founder to have been fired from his own company. In fact, it's not uncommon for founders to be fired, but many legendary icons of...
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FiscalNote, Backed By Mark Cuban, Jerry Yang, Steve Case And S&P Global, Announces SPAC Merger
Monday, November 8, 2021 - 4:22pm | 654Read More...Data and analytics company FiscalNote is going public in a SPAC merger announced Monday morning. The SPAC Deal: FiscalNote is valued at a pro forma market capitalization of $1.3 billion in a merger with Duddell Street Acquisition Corp. (NASDAQ: DSAC). The SPAC merger includes a $100 million PIPE...
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Historical Analysis: Do Returning Founder CEOs Boost A Company's Stock Price?
Friday, April 8, 2016 - 12:49pm | 381Read More...Twitter Inc (NYSE: TWTR) and Pandora Media Inc (NYSE: P) are the latest companies hoping that a blast from the past can kick-start their businesses. Both companies are struggling with generating profits, and both have recently named founders of the company to the CEO position in an effort to turn...
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Chimerix: Piper's 'Post-Blow-Up' Play
Tuesday, January 19, 2016 - 11:26am | 236Read More...Piper Jaffray issued a company note on Chimerix Inc (NASDAQ: CMRX) after a disappointing clinical trial, calling the company a "post-blow-up opportunity." Piper Jaffray rates Chimerix as Overweight and increased their price target from $11 to $18. Analysts Joshua Schimmer, Steven...
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Is the Yahoo! Turnaround On Track?
Wednesday, January 30, 2013 - 9:35am | 1549Read More...One of the more interesting investment stories in the Internet space is the turnaround taking place at Yahoo (NASDAQ: YHOO). The company, which has seen its revenues fall sharply in recent years, has become a target of activist investors amid its struggles. In 2008, Carl Icahn purchased a large...
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Earnings Expectations for the Week of January 23
Sunday, January 22, 2012 - 3:13pm | 1531Read More...The earnings crunch rolls on this week. Among those scheduled to step into the spotlight are Apple (NASDAQ: AAPL), Caterpillar (NYSE: CAT), Chevron (NYSE: CVX), McDonald's (NYSE: MCD) and Starbucks (NASDAQ: SBUX). Analysts expect them post year-over-year earnings growth. AT&T (NYSE: T), Boeing...
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How to Profit From The Chief Yahoo's Departure
Tuesday, January 17, 2012 - 6:25pm | 565Read More...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!,...
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Oops I Did it Again: Yahoo! Board Screws Up Again
Tuesday, November 1, 2011 - 10:12am | 711Read More...Yahoo!'s (NASDAQ: YHOO) board may have screwed up again. After rumors surfaced last week that the company was thinking about launching a share buyback and dividend to appease investors, as opposed to selling the company, Wall Street started to punish the stock. Benzinga spoke to Yahoo! about the...
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For Yahoo, It's Deja Vu. All Over Again.
Thursday, October 20, 2011 - 9:46am | 841Read More...Yogi Berra is famous for his skill with the Yankees, as well as some of his "Yogisms" in which he says nonsensical things that have somehow made their way into pop culture. Now you can apply a "Yogism" to the world of finance. Last night, a tweet from Wall Street Journal reporter Anupreeta Das...
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Is the Chief Yahoo Crazy?
Monday, October 10, 2011 - 1:28pm | 923Read More...There was an article on Reuters over the weekend that former Yahoo! (NASDAQ: YHOO) CEO and co-founder Jerry Yang was looking to buy the company, and take it private. This begs the question: what does the former CEO see in the U.S. operations that no one else does? Yang wants to take the company...
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Playtime is Over for Chief Yahoo
Saturday, October 1, 2011 - 9:40pm | 626Read More...If you Google “Wean a Baby from its Bottle,” you learn one important fact. The bottle must go. You can do it fast or you can do it slow, but in the end the baby has to stop the suckling. That is the nature of progress. Someone needed to tell that to Jerry Yang a long time ago. As a co-...
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They Really Are Yahoo's
Wednesday, September 7, 2011 - 12:50pm | 128Read More...Usually it takes a while for a company to screw up a good thing. It only took Yahoo (NASDAQ: YHOO) a few hours. Comments from a meeting at the Silicon Valley-based company are hitting shares, as Yahoo co-founder, director and former CEO Jerry Yang told the 13,5000 employees the company was “not...
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They Are Still A Bunch Of Yahoo's
Wednesday, September 7, 2011 - 10:05am | 968Read More...News came out last night that Yahoo (NASDAQ: YHOO) had fired CEO Carol Bartz, and the Wall Street Journal reported that the company could be up for sale, to the highest bidder. You know what? It doesn't matter. The board, and the company, are still, well a bunch of Yahoo's. Bartz was fired...
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The Only Way Investors Will Make Money In Yahoo! Is Through A Buyout (YHOO, GOOG, MSFT)
Wednesday, January 26, 2011 - 3:46pm | 837Read More...Yahoo! Inc. (NASDAQ: YHOO) released its Q4 earnings results yesterday after the closing bell. The company reported adjusted net income of $340.5 million or $0.26 per share compared to $200.2 million or $0.14 per share in the year ago period. This came in moderately ahead of analysts' consensus EPS...
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Yahoo Caught In Crossfire between Google And China (YHOO, GOOG, CSCO, MSFT, AAPL)
Monday, January 18, 2010 - 12:39pm | 288Read More...According to Reuters, Yahoo (NASDAQ: YHOO) has ruffled the feathers of its Chinese partner Alibaba, after Yahoo came out with a statement expressing solidarity with Google (NASDAQ: GOOG) in its row with Chinese censors. Last week, Google had announced that it was not willing to subject itself to...
