Yahoo investors see CEO switch as more of the same
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Investors in Yahoo Inc.  abandoned on Tuesday their initial excitement over a management switch at the Internet media company, sending its shares lower on expectations that little real change was in the works.
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Terry Semel will hand over the reins to Jerry Yang in Yahooâs latest attempt to regain investor confidence.
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Fingers in both pies !!!!! Some of Yahoo!'s institutional investors are keen for the proposed Microsoft takeover to go ahead, not because they're pleased with the offer price but because they own shares in both Microsoft and Yahoo!.â¦
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Yahoo Inc. thinks it's back on the right track now that co-founder Jerry Yang has replaced Terry Semel as chief executive, but analysts and investors already are wondering whether the shake-up is just a prelude to more radical measures, including a possible sale or breakup of the troubled Internet icon.
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Yahoo Inc has been  slow to react to sweeping changes in Web consumer behavior and  online advertising shifts, but it is picking up its pace, its  top executives said on Tuesday.
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InfoWorld - Yahoo&#160; has shaken up its top management ranks once again, as the struggling Internet giant continues tweaking its organizational structure to boost advertising sales, its main source of revenue.
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Yahoo&#39;s Chairman Roy Bostock is leading a group of the company&#39;s board members in favor of accepting&#160;Microsoft&#39;s unsolicited $44.6 billion takeover bid,&#160;according to a new report.The informal group headed by Bostock also includes other board members and billionaire investor Ron Burkle, according to the report in the New York Post, which quoted unnamed sources close to the situation. Board members Eric Hippeau, a managing partner at Softbank Capital, and Robert Kotick, CEO of Activision Publishing, are standing behind Yahoo CEO Jerry Yang, who does not want to accept Microsoft&#39;s offer.On Monday,&#160;Yahoo&#39;s board rejected Microsoft&#39;s offer,&#160;saying it undervalued the company.According to the Post, the discord revolves around Yang and his followers who are so opposed to selling the company to Microsoft that Bostock and his group fear they will act out of emotions rather than their fiduciary duty to Yahoo shareholders. Such an action could expose the board to lawsuits by shareholders.Yang sent a letter to shareholders&#160;Wednesday night, saying that Microsoft&#39;s bid substantially undervalues the company and that Yahoo is positioned to take advantage of growth in the online advertising market.Yahoo could not be reached for comment.Computerworld is an InfoWorld affililate.
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U.S. stock futures pointed to a flat  market opening on Wednesday, with Yahoo Inc.  likely to  rise after it announced a reorganization of its management  structure.
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Yahoo Inc. on Tuesday announced a reorganization that marks Chief Financial Officer Susan Decker as a potential successor as CEO and simplifies its structure as it battles faster-growing rival Google.
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SAN JOSE, Calif. _ Yahoo Inc. announced Monday that it has replaced Chief Executive Terry Semel with co-founder Jerry Yang, a week after shareholders expressed strong dissatisfaction with Semel's performance and pay.
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By Elise Ackerman; Connie LoizosSTAFF  AFEW YEARS AGO, a Wall Street analyst challenged a forecast Yahoo Chief Financial Officer Susan Decker was making about the Internet giant's revenues.
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Business & money: Online search firm Yahoo, subject to takeover interest from Microsoft, tells of rival offer from News Corp
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The merger-minded software giant will likely want to keep Yahoo execs in a host of areas, including online ads, social media and Web search.
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Yahoo Inc. on Monday replaced Chief Executive Terry Semel with its co-founder Jerry Yang, bowing to investor pressure as the Internet media company has fallen behind Web search leader Google Inc..
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Yahoo is restructuring its operations and shuffling its management in the hopes of competing more effectively against nimbler rivals.
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Skeptical investors are trading  Yahoo Inc  shares at a 6.5 percent discount to  Microsoft Corp's  unofficial offer price, but some Wall  Streeters expect the software giant to raise its bid.
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Internet search firm Yahoo   could see its shares rise sharply in the coming year as  investors pay greater heed to its array of money-making  services, Barron&#039;s said in its May 22 edition.