When in doubt, delay! That appears to be the strategy at Yahoo, where the company's board has authorized a deadline extension for outsiders to nominate their own slate of directors, which would have been next week. The new deadline will now be 10 days after the company announces the date of its annual shareholder meeting. This clock indeed is ticking...
The chairman of Diebold told United Technologies in an open letter Wednesday that by making an unsolicited $2.64 billion offer, the diversified U.S. manufacturer "is opportunistically seeking value that belongs to Diebold shareholders."
Investors lined up 2 hours before the Apple shareholder meeting began here in Cupertino, California. It's a little unusual for them to be here so early, and I thought it might be related to the company's 40 percent plunge since the beginning of the year.
As you might expect, my earlier post calling on Steve Jobs to announce a shareholder buyback at tomorrow's Apple spacer annual shareholder meeting, generated quite a bit of reader reaction. As we prepare to cover the meeting, I'm curious how many of you plan to attend...
Talk about a confusing report: Dell reports 31 cents a share on $15.99 billion in revenue and at first blush the news seemed almost devastating. The conventional wisdom going into the report was that expectations had been lowered so significantly that Dell should have no trouble at all beating them.
It's clear that Michael Dell's honeymoon period is over, and that investors are looking for tangible results from the turnaround strategy he has implemented since returning to his namesake company as CEO. The question though is whether this is merely a dead-cat bounce, or whether Dell is truly beginning to turn things around.