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Pulse2 (Free subscription) | 08/05/2008
... after the shareholder meeting. At the annual shareholder meeting, President of Ironfire Capital Eric Jackson challenged Yang on issues such as why Overture was sold to Yahoo! Japan for $13 million after buying it for $400 million. Jackson also challenged Yahoo! President Sue Decker on the number of Boards that she serves on. And Jackson asked Roy Bostock would step down...
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Breakout Performance (Free subscription) | 21 hours ago
From Voices: By Eric Jackson Managing Member, Ironfire Capital LLC August 6, 2008 To anyone who says that it’s inconsequential that Yahoo understated the level of shareholder dissatisfaction by more than half thanks to a “tabulation error” by its proxy counter, Broadridge–I say: You couldn’t be more wrong. This incident will have ramifications in the coming weeks for the composition...
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Pulse2 (Free subscription) | 08/05/2008
Broadridge Financial Solutions was responsible for counting the votes at the Yahoo! Inc. (NASDAQ:YHOO) shareholder annual meeting. After Capital Research and Ironfire Capital’s Eric Jackson challenged Yahoo!’s counting process because they believed there should have been more opposition against Jerry Yang and Roy Bostock, the search engine company insisted that the votes were counted...
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Breakout Performance (Free subscription) | yesterday
From TheStreet.com By Eric Jackson 8/6/08 Yahoo!'s ( YHOO - Cramer's Take - Stockpickr ) shareholder vote last Friday had two scandals attached to it. The first you've likely heard about as it involved Yahoo! dramatically under-reporting (by more than 50% in some cases) how many of its shareholders voted "against" the re-election of several directors, including CEO Jerry Yang and Chairman...
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Voices - All Things Digital (Free subscription) | 21 hours ago
By Eric Jackson, Managing Member, Ironfire Capital LLC To anyone who says that it’s inconsequential that Yahoo understated the level of shareholder dissatisfaction by more than half thanks to a “tabulation error” by its proxy counter, Broadridge–I say: You couldn’t be more wrong. This incident will have ramifications in the coming weeks for the composition of Yahoo’s board. But here’s...
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Tech Confidential Blog (Free subscription) | 08/05/2008
Last Friday's shareholder meeting went about as well as it possibly could for Yahoo! Inc. [YHOO]. Other than some caustic comments from company agitator Eric Jackson, who called for...
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Boston Globe (Free subscription) | yesterday
... Gary Wilson.No mistakes were detected in the votes for Yahoo's four other incumbent directors - Eric Hippeau, Vyomesh Joshi, Mary Agnes Wilderotter, and Robert Kotick, who is about to give up his seat to make room for dissident investor Carl Icahn.The recount didn't alter the outcome of last week's election, which retained Yahoo's directors despite shareholder anger about the board's handling...
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Seattle Post-Intelligencer (Free subscription) | yesterday
... Gary Wilson.No mistakes were detected in the votes for Yahoo's four other incumbent directors – Eric Hippeau, Vyomesh Joshi, Mary Agnes Wilderotter and Robert Kotick, who is about to give up his seat to make room for dissident investor Carl Icahn.The recount didn't alter the outcome of last week's election, which retained Yahoo's directors despite shareholder anger about the board's handling...
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Examiner (Free subscription) | yesterday
... Gary Wilson.No mistakes were detected in the votes for Yahoo's four other incumbent directors - Eric Hippeau, Vyomesh Josh, Mary Agnes Wilderotter and Robert Kotick, who is about to give up his seat to make room for dissident investor Carl Icahn.The recount didn't alter the outcome of last week's election, which retained Yahoo's directors despite shareholder anger about the board's handling...
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MSNBC.com (Free subscription) | 08/05/2008
... results."It's important for Yahoo's board to understand there is still pressure on them," said Eric Jackson, a hedge fund manager who represents a group of stockholders with about 3.2 million Yahoo shares. "I thought Yahoo's board was kind of let off the hook last week when they didn't really deserve to be."Capital Research Global Investors, which owns a 6.2 percent stake in Yahoo,...
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Physorg (Free subscription) | 08/05/2008
... results. "It's important for Yahoo's board to understand there is still pressure on them," said Eric Jackson, a hedge fund manager who represents a group of stockholders with about 3.2 million Yahoo shares. "I thought Yahoo's board was kind of let off the hook last week when they didn't really deserve to be." Capital Research Global Investors, which owns a 6.2 percent stake in Yahoo,...
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Seattle Post-Intelligencer (Free subscription) | 08/05/2008
... results."It's important for Yahoo's board to understand there is still pressure on them," said Eric Jackson, a hedge fund manager who represents a group of stockholders with about 3.2 million Yahoo shares. "I thought Yahoo's board was kind of let off the hook last week when they didn't really deserve to be."Capital Research Global Investors, which owns a 6.2 percent stake in Yahoo,...
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Breakout Performance (Free subscription) | 08/04/2008
By Chris Preimesberger 2008-08-04 Insider Eric Jackson believes that it's only "the second inning" in the revival of Yahoo. He expects Microsoft to return with yet another merger proposition for Yahoo next year because Microsoft still needs big help in online services. Now that the annual shareholders meeting is over, the attendees have been "Yanged" and headed back home, and the corporate...
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Red Orbit (Free subscription) | 08/04/2008
... opportunity to get something done in the palm of their hand, and they bungled it," one investor, Eric Jackson, said after the company's annual shareholder meeting Friday. On Friday, investors controlling about 15 percent of the shares represented at the meeting voted against Yang's re-election to the board - signifying lingering concerns about his leadership. Yang says he understands...
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BoomTown - All Things Digital (Free subscription) | 08/04/2008
... for part of it. But, afterwards, I did a very interesting interview with shareholder activist Eric Jackson, who has been beating on Yahoo for a while. To no avail, for now. As it turned out, Yang and the Yahoo board sailed out of the meeting pretty much intact, despite all the hubbub of this past year from the company’s weakened performance to the full frontal bid attack by Microsoft....
