Yahoo! Inc. (NASDAQ:YHOO) should reduce cost in a significant way in order to remain profitable, according to activist investor Starboard Value LP. In a letter sent to Yahoo President and CEO Marissa A. Mayer, Jeffrey C. Smith of Starboard urged the company to consider joining lots with AOL, Inc. (NYSE:AOL), saying that a properly structured…
Verizon Communications Inc. (VZ) Denies Acquisition of AOL, Inc. (AOL)
Verizon Communications Inc. (NYSE:VZ) CEO Lowell McAdam denied that the company is into efforts of acquiring AOL, Inc. (NYSE:AOL). In a statement made at an investor’s conference, McAdam noted that suggestions of “significant acquisition discussions isn’t accurate.” A report by Bloomberg cited unnamed sources as saying that Verizon is into a planned expansion of its…
Hospira, Inc. (HSP), AOL, Inc. (AOL), Select Medical Holdings Corporation (SEM): Top 3 Holdings of Raptor Capital Management LP
Raptor Capital Management LP is an investment advisor and manager, managing assets for qualified clients. The firm employs both long and short term strategies in its investments, keeping focus on investment security and returns. The primary investments of Raptor Capital Management LP for the quarter ended September 30, 2014, are Hospira, Inc. (NYSE:HSP), AOL, Inc.…