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EBay’s Pain Is Yahoo!’s Gain, But Will It Matter?

Business & Finance / Investing : Tech Trader Daily (3 years ago)

Shares of Yahoo! (YHOO) closed down 51 cents, or 3%, at $15.78 after the company this morning announced the head of eBay’s (EBAY) PayPal payment division, Scott Thompson, will be Yahoo!’s new CEO. eBay shares fell $1.18, or almost 4...

YHOO: Jefferies Cuts To Hold, New Direction Risky

Business & Finance / Investing : Tech Trader Daily (3 years ago)

Following news yesterday that Yahoo! (YHOO) named former eBay (EBAY) executive Scott Thompson as CEO comes the stock’s first ratings change, from Jefferies & Co.’s Youssef Squali, who cut his rating to Hold from Buy, writing that th...

The Market Reaction to Yahoo's CEO Announcement Misses the Big Picture

Business & Finance / Investing : Seeking Alpha (3 years ago)

By Adam Muller: Months after firing prior CEO Carol Bartz and undertaking a strategic review Yahoo (YHOO) announced Scott Thompson as its new CEO. Thompson’s background is given in the press release: “Thompson served most recently a...

YHOO Slips On Naming eBay’s Thompson CEO; EBAY Down 4%

Business & Finance / Investing : Tech Trader Daily (3 years ago)

Shares of Yahoo! (YHOO) are off 32 cents, or 2%, at $15.96 after the company this morning said it would make Scott Thompson, currently the head of eBay’s (EBAY) PayPal division, its new chief executive officer, confirming speculatio...

Yahoo's Board Has Begun Searching For A CEO (YHOO)

Technology / Technology Industry News : Silicon Alley Insider (3 years ago)

Yahoo's board has begun a formal search to find a CEO to replace Scott Thompson, who was fired in May after he was caught lying about his educational background. After Yahoo fired Thompson, it named EVP Ross Levinsohn interim CEO. F...

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