Saturday, August 11, 2012

As Marissa Mayer Annoys Investors By Keeping $4.2B In Dividends, YHOO Is Down 5.4%

Yahoo stock after Alibaba dividend announcementLess than a month after taking over Yahoo, Marissa Mayer is already sending strong signals of leadership to investors. Yet, the announcement of a new financial strategy led to a 5.37 percent downturn of YHOO today as the company played down dividend expectations. Yahoo filed with the Securities and Exchange Commission that the strategy review "may lead to a re-evaluation of, or changes to, our current plans."

Source: http://feedproxy.google.com/~r/Techcrunch/~3/aL53O9err_c/

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