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Newspaper wrap-up: EBay CEO Whitman may be on her way out

PAPERS:
  • With shares of eBay Inc (NASDAQ: EBAY) down 17% from their highs in 2007, CEO Meg Whitman is more than likely on her way out, TheDeal Blogs speculated.
  • According to sources, International Business Machines Corporation (NYSE: IBM) is in advanced talks to acquire the Israeli start-up XIV for 4300M-$350M, Globes reported.
  • According to sources in London and New York, Merrill Lynch and Co Inc's (NYSE: MER) CEO, John Thain, is in talks with Chinese and Middle Eastern sovereign wealth funds this weekend, which could lead to the sale of another big stake in the U.S. bank, the Observer reported.
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IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 10, 2012: 06:26 PM

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