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Late Tuesday, The New York Times reported that Yahoo! Inc. (NASDAQ: YHOO) is preparing a significant round of layoffs, according to sources close the matter. The sources indicate that several hundred employees could be affected by the upcoming job cuts, which would be YHOO's first under new CEO Carol Bartz.

A Yahoo spokesman declined to comment, but reports indicate that the payroll cuts could be announced next Tuesday, April 21, when the Internet portal is scheduled to release its first-quarter earnings results. Since she first joined the company in January, Ms. Bartz has made it clear that serious restructuring efforts would be necessary to repair Yahoo's struggling business.

Continue reading Will Yahoo! report fresh job cuts along with first-quarter earnings?

Will Yahoo! report fresh job cuts along with first-quarter earnings? originally appeared on BloggingStocks on Wed, 15 Apr 2009 13:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Carol BartzCarolBartzearnings reportEarningsReportinthenewsinvestor sentimentInvestorSentimentjob cutsJobCutslayoffsMicrosoftMSFToptionstechnical analysisTechnicalAnalysisYahoo IncYahooIncYHOOWed, 15 Apr 2009 13:20:00 EST<![CDATA[Newspaper wrap-up: Microsoft will wait out Yahoo, and not raise its offer]]>http://www.bloggingstocks.com/2008/04/01/newspaper-wrap-up-microsoft-will-wait-out-yahoo-and-not-raise/http://www.bloggingstocks.com/2008/04/01/newspaper-wrap-up-microsoft-will-wait-out-yahoo-and-not-raise/http://www.bloggingstocks.com/2008/04/01/newspaper-wrap-up-microsoft-will-wait-out-yahoo-and-not-raise/#commentsFiled under: , , , , , ,

MAJOR PAPERS:
  • If Yahoo! Inc (NASDAQ: YHOO) accepts a buyout offer from Microsoft Corporation (NASDAQ: MSFT), it will have to be at the software maker's original offer of $44.6B. Microsoft won't raise the price, the Wall Street Journal reported, and the state of the economy might work in their favor.
  • The FAA said that landing gear made by Illinois-based AAR Corporation (NYSE: AIR), and used on hundreds of Boeing Company (NYSE: BA)-built aircraft, includes "unapproved" parts, the Wall Street Journal also reported.
  • Lehman Brothers Holdings Inc (NYSE: LEH) is thinking of not allowing its two British subprime mortgage units to provide any new loans. The Financial Times reported that the company may also order the units to put additional pressure on borrowers with a spotty credit history whose mortgages are coming to the end of fixed-rate terms.
OTHER PAPERS:

Newspaper wrap-up: Microsoft will wait out Yahoo, and not raise its offer originally appeared on BloggingStocks on Tue, 01 Apr 2008 08:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAR CorpAarCorpAIRAmerican AxleAmerican Axle strikeAmericanAxleAmericanAxleStrikeAXLBABoeinggeneral motorsGeneralMotorsGMLEHlehmanlehman broslehman bros.lehman brothersLehmanBrosLehmanBros.LehmanBrothersmicrosoftMSFTYahooYahoo IncYahoo!YahooIncYHOOTue, 01 Apr 2008 08:00:00 EST