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Entries Tagged ‘Carl Icahn’

Proxy Advisor RiskMetrics Recommends Support For Yahoo Board

Proxy Advisor RiskMetrics Recommends Support For Yahoo Board
Last Update: 7/24/2008 12:18:00 PM
By Scott Morrison
Of DOW JONES NEWSWIRES
SAN FRANCISCO (Dow Jones)–Proxy advisor RiskMetrics Group on Thursday
recommended that Yahoo Inc. (YHOO) shareholders support incumbent board members
standing for re-election at the company’s upcoming annual meeting.
The advisory group reached its conclusion despite [...]

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Legg Mason Supports Yahoo’s Board Slate >YHOO

DOW JONES NEWSWIRES
Legg Mason Inc.’s (LM) Capital Management unit - which owns 4.4% of Yahoo Inc.’s
(YHOO) outstanding shares - plans to vote in favor of Yahoo’s proposed slate of
directors at the annual meeting in August, defying Carl Icahn’s efforts to
replace the board with his own slate after Yahoo rejected a takeover by [...]

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Icahn, Angry At Corporations, To Start Blogging Thursday

Icahn, Angry At Corporations, To Start Blogging Thursday
Last Update: 6/19/2008 11:23:44 AM
By Steven Russolillo
Of DOW JONES NEWSWIRES
NEW YORK (Dow Jones)–Billionaire investor Carl Icahn plans to launch his
much-anticipated blog Thursday afternoon, with hopes of sparking a grassroots
campaign for better treatment for shareholders.
In an interview, Icahn said his blog - [...]

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Icahn cleared to buy Yahoo stock: report

SAN FRANCISCO (MarketWatch) — Activist investor Carl Icahn has been cleared by
the Federal Trade Commission to make large purchases of Yahoo Inc. stock as part
of his effort to launch a proxy fight to replace the company’s board of
directors, according to a Reuters report Friday. Icahn has nominated his own
slate of candidates for Yahoo’s board, in [...]

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Yahoo’s coming election battle: A focus on credibility

Web clash to center on credibility contest
Proxy fight forces 9 figures at Yahoo to defend their stewardship
By Benjamin Pimentel, MarketWatch
Last Update: 10:17 AM ET May 27, 2008
SAN FRANCISCO (MarketWatch) — Forget Clinton, Obama and McCain. In Corporate
America, the hottest electoral contest of the season will feature Icahn, Yang and
Cuban.
In this summer’s proxy battle for control [...]

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US HOT STOCKS TO WATCH: International Paper, Dean Foods

Among the companies whose shares are expected to see active trading in
Wednesday’s session are Deere & Co. (DE), Yahoo Inc. (YHOO) and Freddie Mac
(FRE).
Deere & Co. (DE) posted a 22% rise in fiscal second-quarter net income, but said
escalating raw-material costs will affect operations for the rest of the year,
resulting in the company projecting fiscal third-quarter [...]

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2nd UPDATE:Top Circuit City Hldr Urges Talks With Blockbuster

HBK Investments LP, Circuit City Stores Inc.’s (CC) largest shareholder, on
Monday urged the consumer-electronics retailer to allow due diligence by
Blockbuster Inc. (BBI) in connection with the video chain’s acquisition proposal.
The Dallas hedge fund also urged Circuit City’s board to create a competitive
bidding process in order to maximize shareholder value, saying the firm itself
might be prepared [...]

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