divestiture

divestiture

AOL FIRES BACK! (AOL)

www.businessinsider.com
Earlier today, AOL shareholder Starboard declared a proxy war on the company and named four people it wants to be on the board of directors. AOL just fired back in a statement. The gist: We tried to work with these guys, but they want to fight. Here's the statement....
AOL FIRES BACK! (AOL)

Greenlight Means Go: Einhorn Dumps His RIM Stake

allthingsd.com
David Einhorn’s Greenlight Capital has reconsidered its recent investment in Research In Motion. Drastically. According to its latest 13F filing with the Securities and Exchange Commission, Greenlight, which in May dumped 1.5 million of the 3.9 million of the RIM shares in purchased back in February, unloaded the remainder during...
Greenlight Means Go: Einhorn Dumps His RIM Stake

Letters: Sunday Dialogue: A New School Schedule?

www.nytimes.com
Readers react to a proposal for a longer school year and day.    ...
Letters: Sunday Dialogue: A New School Schedule?

Here's Why HP Isn't Going To Sell Off Its PC Business Or Autonomy (HPQ)

www.businessinsider.com
HP shares are climbing today after HP revealed in SEC documents that it's looking to dump some of its weaker business units. But investors shouldn't think this means HP will sell or spin off its PC business. Nor will it dump its troubled Autonomy unit, according to IDC market research...
Here's Why HP Isn't Going To Sell Off Its PC Business Or Autonomy (HPQ)

U.S. Cellular selling off Midwest markets to Sprint

www.extremetech.com
Today, U.S. Cellular and Sprint announced a deal where U.S. Cellular would transfer the rights of some spectrum in certain Midwest markets to Sprint for $480 million and stop doing business in those areas.The spectrum involved in the transaction is solely on the PCS band (1.9GHz). This spectrum is extremely...
U.S. Cellular selling off Midwest markets to Sprint

FCC approves Verizon deal to buy cable company spectrum, asks for concessions

www.engadget.com
Verizon received the Department of Justice's blessing for its cable company spectrum purchase last week, and now it's the FCC's turn to rubber stamp the plan. The agency has followed Chairman Julius Genachowski's recommendation and voted that Verizon can snap up the relevant AWS airspace as part of its...
FCC approves Verizon deal to buy cable company spectrum, asks for concessions

ONE BILLION DOLLARS, ONE SCHMILLION DOLLARS: AOL's Angriest Shareholder Is Still Angry (AOL)

www.businessinsider.com
In a deft move, AOL sold 800 patents to Microsoft for a billion dollars yesterday. A billion dollars! AOL's angriest shareholder, Starboard Value LP, was pleased with the news. In a letter to AOL's board, Starboard wrote: "We commend management and the Board for taking this meaningful first step...
ONE BILLION DOLLARS, ONE SCHMILLION DOLLARS: AOL's Angriest Shareholder Is Still Angry (AOL)

Five Questions for Cisco Systems CEO John Chambers

allthingsd.com
Today’s results from Cisco Systems came in almost exactly on target with the consensus of Wall Street analysts, which given how bad things were one and two years ago, amounts to progress. But after a major company-wide restructuring, and the divestiture of several non-core businesses, CEO John Chambers (pictured at...
Five Questions for Cisco Systems CEO John Chambers

Yahoo Returning $3.65 Billion to Shareholders, but in Buybacks or Dividends?

allthingsd.com
Yahoo CEO Marissa Mayer has decided what to do with most of the money it made from the divestiture of its Alibaba stake: Return it to the company’s shareholders. In an announcement issued moments ago detailing the Alibaba agreement, Yahoo said it will return approximately $3.65 billion in after-tax proceeds...
Yahoo Returning $3.65 Billion to Shareholders, but in Buybacks or Dividends?

Liveblogging HP's Q3 Earnings Conference Call

allthingsd.com
The aircraft carrier Hewlett-Packard is still trying to turn the corner, but man is it going to take awhile and a lot of patience from investors, shareholders and frankly, its employees too. That’s the message coming from CEO Meg Whitman on the occasion of its third quarter earnings report, which...
Liveblogging HP's Q3 Earnings Conference Call

Intellectual Ventures responds to This American Life, insists it doesn't sue through shell companies

www.geekwire.com
Intellectual Ventures’ Nathan Myhrvold Intellectual Ventures, responding this afternoon to This American Life’s latest report on its patent dealings, denies that it uses shell companies to pursue patent lawsuits on its behalf. The statement specifically denies any ownership or control of a mysterious firm, Oasis Research, that filed suit against 18...
Intellectual Ventures responds to This American Life, insists it doesn't sue through shell companies

Yahoo closing partial divestiture deal with Alibaba

www.electronista.com
According to sources familiar with the matter, Yahoo is finishing the details to offload half of its assets in China's Alibaba Group by September 20. The $7.6 billion-dollar deal announcement is rumored to be set for September 18 with Alibaba paying Yahoo for half of the 40 percent of the...
Yahoo closing partial divestiture deal with Alibaba

Google beats estimates -- posts $14.42 billion 4Q revenue

www.electronista.com
LinktextGoogle has announced its financial results for the quarter and the fiscal year that concluded December 31, 2012. The company reported consolidated revenues of $14.42 billion for the quarter that ended December 31, 2012, an increase of 36 percent compared to the fourth quarter of 2011. As previously announced, a...
Google beats estimates -- posts $14.42 billion 4Q revenue

Peter Thiel Unloads 20.6 Million Facebook Shares

allthingsd.com
Peter Thiel, one of Facebook’s early investors, has unloaded the majority of his stake in the company. Last Thursday Thiel sold 20.6 million Facebook shares at an average price of $19.73, according to a new filing with the Securities and Exchange Commision. That divestiture whittles Thiel’s stake in the social...
Peter Thiel Unloads 20.6 Million Facebook Shares
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