Marissa Mayer gets mixed reviews from Wall Street and Old Media

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?

Chairman Eric Schmidt selling Google

Google Inc Chairman Eric Schmidt plans on selling roughly 42 percent of his stake in the company (NASDAQ: GOOG).

article

Zuckerberg: "people underestimate us"

 

Seemingly challenging and laughing right back in his critics' faces, Facebook CEO Mark Zuckerberg says:  "I would rather be in a cycle where people underestimate us because I'd rather be underestimated. I think it gives us the latitude to go out and make some big bets."

At a technology conference in San Francisco, Zuckerberg gave his first interview since Facebook Inc.'s IPO in May, sounding very unconcerned with Wall Street, numbers, expectations or the plight of his shareholders.

The Facebook hit to UBS: $350 million

ZURICH—UBS said it took a loss of more than $350 million on the ill-fated Facebook Inc. initial public offering, wiping out nearly half of its second-quarter profit, and it accused Nasdaq OMX Group Inc. of a "gross mishandling" of the stock-market listing.

Wall Street Journal article

Facebook: A Dog with Fleas

Gordon Gekko to Bud Fox - Wall Street (1987)

"Not bad, but that's a dog with different fleas."

The stock is in a nose-dive. The CEO is offering Wall Street no guidance on future operating expectations. People are now calling the company FaceBerg. Investors feel "Zucker-punched." Mark Cuban exited the stock weeks ago with a $200k hit to his personal balance sheet. The last minute over-pricing of the Facebook IPO (as recommended by the Facebook CFO) now looks like an exercise in pure greed.

But, nevertheless, and in the interest of fair reporting and commentary, the stock and the company still has fans. This is what passes for sophisticated financial analysis on Wall Street these days:

"The company's user base currently comprises the third-largest country in the world, and its emphasis on mobile platforms suggests to us that it can become the largest country in the world in a matter of years. Facebook has immense value, which may not be readily apparent from its near term earnings, but which is substantial nonetheless." - Wedbush Securities analyst Michael Pachter

Billionaires continue to buy Netflix

Betting on a continued turnaround at Netflix (NASDAQ:NFLX), billionaire investors such as Julian Robertson and Steven Cohen continue to build positions in the stock according to SEC reported data.

7/24 update ---

Businessweek article-Netflix's 2Q numbers disappoints, stock tumbles

Microsoft Reports Loss Due to Write-down

Microsoft Corp. Reports First Huge Loss As Public Company

A substantial accounting write-down of $6.2 billion related to the company's 2007 acquisition of aQuantive, an online advertising company, has wiped the software maker's entire Q4 profit.

previous on ThinkBillions-

Microsoft stock continues to go nowhere, but Steve Ballmer has a plan!

Eddie Lampert and Sears: Is This Move More Than a Dead Cat Bouncing?

Eddie Lampert, formerly known as The Next Warren Buffett, is Chairman of Sears Holding Corp.

Eddie, throughout 2012, has been desperately trying to prove to Wall Street that Sears is not a "dead cat bouncing." But, rather, a sustained growth move to the upside.

Amazingly, so far in 2012, Chairman Eddie is seeing some success contrary to critics (including Think Billions). Sears stock is up an amazing 60% YTD this year.

The Wall Street Journal, always up for jumping on a stock bandwagon, is sending Chairman Eddie and Sears much financial love these days.

In a recent 'Behind the Tape' article ("Lampert Skeptics Could Get Seared" May 16, 2012), the WSJ brazenly lays out the undervalued case for Sears that even a Motley Fool subscriber could read and understand.

Calling Chairman Lampert "a master of financial engineering" our WSJ reporter applies some quick-and-dirty advanced math and accounting skills he picked up somewhere to arrive at a $8 billion value for Sears. Undervalued and under-appreciated. Bank it.

Again, our brazen WSJ reporter: the "good news at Sears can be particularly potent. Look out above."

It is just The Wall Street Journal doing a public service to short-sellers of SHLD recommending they immediately close out positions.

Jamie Dimon: Way too big to fail

Who is Jamie Dimon?

The answer is a simple one. Jamie Dimon is simply Way Too Big to Fail.

Jamie Dimon is currently chairman and CEO of JP Morgan.

Interestingly, Jamie is also on the board of the New York Federal Reserve Bank. A banking regulator and important part of U.S. monetary policy.

Jamie Dimon was a classmate of (now GE chairman and fellow crony capitalist) Jeffrey Immelt while studying for their MBA's at the Harvard Business School. Jeffrey Keith "Jeff" Skilling, former President of Enron and also a Harvard MBA, was not a classmate of Jamie Dimon while at Harvard. Jeff Skilling is currently serving a 24-year, four-month prison sentence at the Federal Correctional Institution in Englewood, CO.

This month, JP Morgan received worldwide global attention for its $2 billion financial market trading loss disclosure. If you have a problem with this trading loss as a shareholder, JP Morgan customer, or a U.S. taxpayer, please remember: Jamie Dimon is Way Too Big to Fail.

On December 31, 2005  Jamie Dimon was named CEO of JP Morgan Chase (NYSE: JPM). One year later, he was named chairman.

When Jamie Dimon began as CEO JP Morgan stock was selling for $39.69 per share. JPM closed trading on May 15, 2012 at $36.24. The 7-year total-Jamie-Dimon-JPM-return is down over $3 per share. When Jamie Dimon began as CEO, JP Morgan was providing shareholders with a 34 cent per share quarterly dividend. That dividend was cut to 5 cents per share in 2009 and is now up to 30 cents per share quarterly.

If you have a problem with this stock performance as a JPM shareholder, again, please do remember: Jamie Dimon is Way Too Big to Fail.

I told you homeboy ( can't touch this)
Yeah, that's how we living and you know (can't touch this)
Look at my eyes, man (You can't touch this)
Yo, let me bust the funky lyrics (can't touch this)

   MC Hammer - Can't Touch This