logo
  Join        Login             Stock Quote

Yahoo Plans Another Revamp Despite Investor Skepticism

 June 27, 2008 12:18 PM
 


(NewsVisual, powered by IntellectSpace) -- Yahoo! Inc (NASDAQ: YHOO) has announced yet another plan for reorganization, yet after a shaky last few months that left investors doubting its leadership, some are wondering whether this latest plan is mearly an attempt at distraction.

On Thursday the company announced that it would create three primary divisions focused on new product creation and data usage. The plan may have been a good idea last year, however critics are panning Yahoo for supposedly using the reorganizations as a way to save face after the embarrassment surrounding the failed takeover by Microsoft (NASDAQ: MSFT).

[Related -What does Istanbul have to do with AAPL?]

DealJournal compared Yahoo in its revamp attempts to "the great sorcerer" from The Wizard of Oz, who mearly turned out to be a purveyor of smoke and mirrors in order to project a greater image of himself to those around (see article ).

Faced with takeover threats, attempts at board unseatings from Carl Icahn and waning investor confidence, it's clear that Yahoo is trying to recreate a more positive image of itself. Whether or not this latest reorganization move will successfully do that remains to be seen.

[Related -Yahoo! Inc. (YHOO) Q4 Earnings Preview: More January Blues?]


iOnTheMarket Premium
Advertisement

Advertisement


Comments Closed


rss feed

Latest Stories

article imageFour Stocks in the Dow Making Fresh 52 Week Lows

“What gets weak tends to get weaker; what gets strong tends to get read on...

article imageGreece And The Cemetery For Your Wealth

The Greek default is merely the opening act of the worst sovereign-debt crisis in history. By the time it read on...

article imageAll Signs Point To Higher Gold Prices

In the face of historic monetary stimulus from nearly every major central bank in the world over the past read on...

Advertisement
Popular Articles

Advertisement
Daily Sector Scan
Partner Center



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.