News Source: Austin America-Statesman/Texas Longhorns
| about 1 month ago
Microsoft Corp. said Friday that its revenue fell and its net income dropped 18 percent in the past quarter, owing in part to sluggish business spending. Big cost cuts at Microsoft made a difference, though, helping it deliver earnings well above...
News Source: Turks and Caicos Free Press
| about 1 month ago
board of directors on Friday, closing a tumultuous chapter in the Internet company's 15-year history. Icahn said in a letter to the board he did not believe Yahoo needed an activist investor as a director at this time, and that his attention was...
News Source: Asian Wall Street Journal
| about 1 month ago
Billionaire Carl Icahn, who agitated for Yahoo Inc. to sell itself to Microsoft Corp., will resign from Yahoo's board, saying he didn't believe it was necessary to have an activist on the board. Mr. Icahn, who joined the Yahoo board last August in a...
News Source: Sify News
| about 1 month ago
Activist investor Carl Icahn has decided his work is done at Yahoo Inc. after muscling his way on to the slumping Internet company's board nearly 15 months ago. In a resignation letter Friday, Icahn said he felt like it was time to leave Yahoo so he...
News Source: International Business Times
| about 1 month ago
Icahn said in a letter to the board that he did not believe Yahoo needed an activist investor as a director at this time, and that his attention was focused on other matters...Yahoo's co-founder Jerry Yang, then chief executive, rebuffed a $47.5...
News Source: International Business Times
| about 1 month ago
Microsoft Corp. reported Friday its quarterly sales fell sharply from a year ago and profit that fell from year-ago results but easily beat Wall Street's forecasts. The software giant's net income fell 18 percent in the last quarter, largely because...