Business HOME LOCAL L.A. Now Politics Crime Education O.C. Westside Neighborhoods Environment Obituaries Findlocal U.S. Politics Nation Now Politics Now Top of the Ticket Science & Environment Obituaries Religion WORLD Afghanistan & Pakistan Africa Asia Europe Iran Iraq Mexico & Latin America Middle East Business Money & Co. Technology Personal Finance Small Business Company Town Jobs Real Estate Cars SPORTS Lakers Clippers Dodgers Angels NFL Ducks/Kings USC UCLA College Football Preps Scores/Stats ENTERTAINMENT Movies Television Music Celebrity Arts & Culture Company Town Calendar The Envelope Findlocal Health Booster Shots Fitness & Nutrition Medicine Behavior Healthcare Reform Hospitals Living Home Food Image Books Parenting Findlocal Magazine Reader Photos Summer Guide Travel California Hawaii Mexico Las Vegas Europe Asia Australia Travel & Deal Blog Opinion Editorials Op-Ed Letters Opinion L.A. Deals Save: Deals Go: Travel Eat: Food Wear: Apparel Live: Everyday Needs Play: Electronics Drive More Mobile Site Subscribe / Manage Account Print Ads Place an Ad LAT Store Jobs Cars Real Estate Rentals More Classifieds 
Weekly Ad#inTheNews {min-height:20px;} Advanced Search Advanced Search X include all of these words: include any of these words: include this exact phrase: exclude: Select a date range this week past 30 days past 3 months past year Create a custom date range From: To: TechnologyThe business and culture of our digital lives, from the L.A. TimesYahoo shares rise after exit of CEO Carol Bartz September 7, 2011 | 10:44am
Yahoo's stock rose 4.49%, or about 58 cents per share, on Wednesday in midday trading as investors reacted to the news that the online company had fired its CEO Carol Bartz.
Bartz was let go on Tuesday and reportedly told of the change in a phone call from company Chairman Roy Bostock. Timothy Morse, Yahoo's chief financial officer, has been named interim chief executive.
The positive take from investors with Bartz ouster isn't terribly surprising given that as CEO she has faced a lot investor criticism to her approach at running the one-time industry giant, which has experienced a decline in revenue over the last few years.
RELATED:
Carol Bartz officially out as Yahoo CEO
Investors' patience for Yahoo chief Carol Bartz may be running thin
Facebook to pass Yahoo as top seller of online display ads, study says
-- Nathan Olivarez-Giles
Twitter.com/nateog
Photo: Carol Bartz, ex-president and CEO of Yahoo Inc., speaks at a Bloomberg BusinessWeek "Captains of Industry" event at the 92nd Street Y in New York City in December 2010. Credit: Ramin Talaie / Bloomberg
Twitter: @latimestechFacebook: TechTimesMore in: Financial, Nathan Olivarez-Giles, Yahoo.entry {border-bottom:0px; padding-bottom:0px;}#sponsored1 {margin-bottom:15px;}
PreviousNext 
More from TechnologyComments ()
L.A. Times on Facebook
AdvertisementIn Case You Missed It...The LatestMost ViewedMost Emailed How to Reach Us
To pass on technology-related story tips, ideas and press releases, contact our reporters listed below.
To reach us by phone, call (213) 237-7163
Email: business@latimes.com
Jessica GuynnJon Healey
W.J. Hennigan
Tiffany Hsu
Nathan Olivarez-Giles
Alex Pham
David Sarno
@LATimesbiznew TWTR.Widget({ version: 2, type: 'list', rpp: 30, interval: 6000, title: '', subject: '', width: 'auto', height: 249, theme: { shell: { background: '#ffffff', color: '#000000' }, tweets: { background: '#ffffff', color: '#000000', links: '#000000' } }, features: { scrollbar: true, loop: false, live: true, hashtags: true, timestamp: true, retweets: true, avatars: true, behavior: 'all' }}).render().setList('latimesbiz', 'staff').start();CategoriesAmazonAndroidAppleBlackBerryEbooksFacebookGoogleHackingiOSiPadiPhoneKindleMicrosoftNetflixNintendoPhonesPrivacySocial NetworkingTablets
ArchivesSeptember 2011August 2011July 2011June 2011May 2011April 2011March 2011February 2011January 2011December 2010November 2010October 2010September 2010August 2010July 2010June 2010May 2010April 2010March 2010February 2010January 2010December 2009November 2009October 2009September 2009August 2009July 2009June 2009May 2009April 2009March 2009February 2009January 2009December 2008November 2008October 2008September 2008August 2008July 2008June 2008May 2008April 2008
More from The Times24 FramesAll The RageAwards TrackerBabylon & BeyondBig PictureBooster ShotsCompany TownCulture MonsterDaily DishDodgers BlogFabulous ForumFrameworkGreenspaceHero ComplexHomicide ReportJacket CopyL.A. at HomeL.A. NowL.A. Times on TumblrL.A. UnleashedLa PlazaLakersMinistry of GossipMoney & Co.Opinion L.A.PolitiCalPolitics NowPop & HissReaders' RepresentativeShow TrackerTechnologyTop of the TicketTravel News & DealsVarsity Times Insider
Corrections Horoscopes Media Kit About Us Contact Us Site Map
Burbank Leader | Coastline Pilot | Daily Pilot |Huntington Beach Independent | Pasadena Sun | Valley Sun | News Press |KTLA |Hoy | Los Angeles Times Magazine Baltimore Sun |Chicago Tribune |Daily Press |Hartford Courant |LA Times |Orlando Sentinel |Sun Sentinel |The Morning CallTerms of Service | Privacy Policy | Los Angeles Times, 202 West 1st Street, Los Angeles, California, 90012 | Copyright 2011
A Tribune Web siteView the original article here
This post was made using the Auto Blogging Software from WebMagnates.org This line will not appear when posts are made after activating the software to full version.
