Tag:
Bid
Latest Headlines
Latest Headlines
Citigroup on the mend?
Some good news from Citigroup CEO Vikram Pandit: "I am most encouraged with the strength of our business so far in 2009," he wrote in a memo obtained by media outlets. "We are profitable through the first two months of 2009 and are having our best quarter-to-date performance since the third quarte
Moody's makes a few changes, keeps letters
Moody's surveyed its customers recently, and they apparently were in favor of keeping the ratings agency's time-honored letter ratings, AAA and so forth. To many critics, these letter ratings mean little these days, but that is more rhetoric than reality. Still, the agency has some PR issues to co
Microsoft-Yahoo heating up again
The bankers are earning their salaries on this one. Yahoo is said to be closing in on some sort of alliance with AOL, to thwart Microsoft's bid of course. Yahoo would gain control over the combined operations and get a big investment. That may allow it to start buying back some shares at close to
Microsoft gives Yahoo a deadline
Until this weekend's ultimatum from Microsoft, the software giant's efforts to buy Yahoo seemed to have settled into a tactical standoff. Neither side was budging. But that's over now. Microsoft has given the Yahoo board an April 26 deadline. If a deal is not agreed to by then, Microsoft will lau
How Yahoo could prevail
Microsoft's bid-to-buy battle for Yahoo has settled into a low intensity tactical affair. It's not likely that we will see a quick solution, barring a surprise announcement by the Yahoo board that it will capitulate. Fortune sketches out one possible scenario. If Yahoo's next earnings report,
