Wednesday, July 11, 2007

Motorola shares rise on rumors CEO may step down

(Reuters) - Jackson became the figurehead for widespread shareholder dissatisfaction at Yahoo Inc. after standing up at the company's annual meeting in June and asking then-Chief Executive Terry Semel to apologize to shareholders. A week later, Semel was replaced.




"There are rumors Zander may be resigning," said Charter Equity Research analyst Ed Snyder. "This would increase confidence that a serious restructuring is afoot."


Read more at Reuters.com Hot Stocks News

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