Wednesday, July 17, 2013
Stockholders of Yahoo should love Marissa Mayer since the stock is up 13% over the past year.
Employees of Yahoo seem to love both her focused and demanding style at the same time.
Wall Street is giving her mixed reviews due to the recent Q2 earning release and lack of confidence in revenue guidance going forward. Yes, profits are up, yet sales are flat and are drifting lower.
The honeymoon is now over. Can Marissa Mayer save the day?
Tuesday, July 16, 2013
Friday, July 5, 2013
Steve Cohen, Chicago billionaire hedgy, is without doubt enjoying his 4th of July weekend holiday. Throw some more dogs on the grille, baby. It's party time. Invite the neighbors, honey.
It looks as if the federal prosecutors have either botched the case against him or didn't have enough of a case all along.
This case was about the insider-trading scheme run by SAC portfolio manager, Mathew Martoma.
Insider trading is always so very tough to prove. However, it gives lawyers on both sides something to do. And in a tough employment environment for jobs for lawyers, it could be viewed on win-win terms for the legal industry.
Enjoy watching Cubs baseball this weekend!