0.31%QQQQ 43.45 
0.48%XLF 21.74 3.62%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
THE FALLING OUT: Microsoft Corp. withdrew a takeover bid after Yahoo Inc. said it wouldn't sell for less than $37 per share. Microsoft wasn't willing to pay more than $33 per share.
THE REPERCUSSIONS: Yahoo's stock price is expected to surrender most of its 50 percent gain since Microsoft made its bid. Microsoft shares are expected to rise; investors had worried a Yahoo takeover would turn into a complicated mess.
THE HOT SEAT: Yahoo CEO Jerry Yang will have to deliver on his pledge to end a two-year funk and prove the company is worth more than $37 per share a price the stock hasn't reached since January 2006. Microsoft CEO Steve Ballmer will have to find another way to challenge Google's dominance.
The above adage is well known by precious-metals investors; in fact I used this quote in one of our monthly reports. I recall how many inquiries ...
The review was scathing. "She cannot sing very well," it said. "She is flat a go...
IN THE HEADLINES McCain caps GOP convention vowing 'change is coming' to Washing...
Professional Website Design For Corporate - Get a Free Quote Today
Partners  
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
-0.7
0.33
