posted by Yahoo! News Search Results for dividends on Jun 29
Intensive monitoring and good luck may share the credit for Maine's ability so far to dodge the red-tide-caused economic damage sustained along the coast during the summer of 2005.Archive for June, 2008
posted by Yahoo! News Search Results for dividends on Jun 29
From the comfort of his North Andover home, Richard Disler trolled the Internet chat rooms, trying to hook up with underage girls. That's where the 43-year-old accountant met a girl named "Sara." They began chatting online, and she eventually suggested a place where they could meet.posted by Yahoo! News Search Results for dividends on Jun 29
BOSTON — They traveled more than 15,000 miles to stay at the luxurious Grand Hyatt Beijing and St. Regis Shanghai, and enjoy cocktails, spring rolls and pork dumplings at the private China Club Beijing — where the "privileged few ... step back in time to experience what China was like during the Qing Dynasty."posted by Yahoo! News Search Results for dividends on Jun 29
LANSING -- With a barrel of oil trading above $140, Michigan's elected officials are betting millions that the state's combination of geography, manufacturing skill and university research will provide economic dividends in alternative energy.posted by Yahoo! News Search Results for dividends on Jun 29
Talent and many hours of training are paying big dividends for the Beckley Blaze All-Stars competitive cheerleading team.posted by Yahoo! News Search Results for dividends on Jun 27
Freeport-McMoRan Copper & Gold Inc. has declared a regular quarterly dividend of 43.75 cents per share of common stock. The mining company also declared dividends of $1.6875 per share of 6.75 percent mandatory convertible preferred stock, and $13.75 per share of 5.5 percent convertible perpetual preferred stock.posted by Yahoo! News Search Results for dividends on Jun 27
The Board of Directors of Southern California Edison Company today declared the following dividends:posted by Yahoo! News Search Results for dividends on Jun 27
Wyeth said Thursday its board has declared dividends on the drug maker's common and preferred stock. A dividend of 28 cents per share on outstanding common stock is payable on Sept. 2 to stockholders of record on Aug. 13.posted by Yahoo! News Search Results for dividends on Jun 27
ROSEMEAD, Calif.----The Board of Directors of Southern California Edison Company today declared the following dividends: Quarterly dividends of $0.255 per share on the 4.08% series of cumulative preferred stock, $0.265 per share on the 4.24% series of cumulative preferred stock and $0.29875 per share on the 4.78% series of cumulative preferred stock.posted by Tiffany Wu on Jun 27
Yahoo shares have fallen 20 percent since talks with Microsoft broke up, and some shareholders are blaming big egos for the failure.
Robert Hagstrom, a portfolio manager at Legg Mason Capital Management, the third-biggest institutional shareholder of Yahoo, said the only way to try to catch up with Google is to put Microsoft and Yahoo together:
I thought the dynamic was great. Unfortunately, personalities got involved, egos got involved and that I think disrupted negotiations. I was shocked, shocked that Microsoft walked away.
Microsoft's problem is that 80 percent of its business is going to go away one day... Microsoft has to figure a way to get a lot of eyeballs. Well, who's got the most eyeballs after Google? Yahoo. I didn't see why this couldn't go together.
As our mutual funds reporter Muralikumar Anantharaman reports from Morningstar's annual investment conference in Chicago, Hagstrom is not sure if he will support activist investor Carl Icahn's proxy to oust Yahoo CEO Jerry Yang.
Yang turned down Microsoft CEO Steve Ballmer's $33-per-share offer for the company he co-founded:
It's going to be so interesting a year from now, either Ballmer will look like the fool or Jerry will look like the fool, if Jerry is not fired by Icahn if he gets the board. But somebody made the wrong decision. Steve either made the wrong decision walking away or Jerry made the wrong decision not to sell. And their careers will be defined by that in the next 12 months.
Jerry owes me $33. Steve says it wasn't worth it. We'll find out.
Brian Rogers, chairman of the board and chief investment officer at T. Rowe Price Group, said they were happy with the deal Microsoft proposed:
A normal outcome would have been a slight sweetener to the original Microsoft bid. You raise it by $2 and everybody kisses and makes up and hugs. And that's not an uncommon outcome in these circumstances.
The return of one of the founders of Yahoo to running the company after the turmoil they had a couple of years ago probably was a big barrier to that. Because whenever you have the kind of legendary founder returning, it becomes a different dynamic.
I think in hindsight, one wonders if there could have been a reasonable compromise found between Yahoo and Microsoft if some of the personalities weren't the way they were.
In a sign of how desperate investors are for Microsoft to come back to the negotiating table, Yahoo's reorganization announced on Thursday didn't manage to save the stock in a down market -- but blog rumors on Tuesday that talks were back on sent Yahoo shares up 15 percent.
As Hagstrom put it
What a soap opera! You can't write a better soap opera than Yahoo, Microsoft.
(Photo: Amazon)
