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- S&P 500 ends higher as investors await tech earnings
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- Market watchers weigh chances of a surprise Fed rate hike tomorrow
- U.S. chip stocks extend losses on AI financing, China competition fears
- Tesla to buy power from Arizona solar project
- Visa (V) To Cut 7% Of Its Workforce, Totaling About 2,600 Jobs - Bloomberg
- BTIG Upgrades Outlook Therapeutics Inc. (OTLK) to Buy
- ASML and U.S. chip stocks sink on report of China’s DUV breakthrough
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Starboard Value Affirms Nominating Nine Directors to Yahoo!'s (YHOO) Board
March 24, 2016 8:02 AM EDTStarboard Value LP (together with its affiliates, "Starboard"), one of the largest shareholders of Yahoo! Inc. (NASDAQ: YHOO) with an ownership interest in approximately 1.7% of Yahoo's outstanding shares, representing an investment of approximately $570 million, announced that it is nominating a slate of nine highly qualified candidates for election to Yahoo's Board of Directors at the 2016 Annual Meeting.
Starboard also announced today that it has delivered the following open letter to Yahoo shareholders, which includes the names and detailed biographies of each of Starboard's nominees towards the end:
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Starboard nominates nine directors to Yahoo!'s (YHOO) board - Bloomberg
March 24, 2016 7:43 AM EDTStarboard nominates nine directors to Yahoo!'s (NASDAQ: YHOO) board, according to Bloomberg.
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