Co-Founder Jerry Yang to Step Down Following Appointment of New CEO and Return to Former Role as Chief Yahoo! and Board Member
Yahoo! Inc. (Nasdaq:YHOO) today announced that its Board of Directors has initiated a search for a new Chief Executive Officer. Jerry Yang, co-Founder of Yahoo!, has decided to return to his former role [...]

Tracinda Corporation announced today that it has determined not to proceed with its previously announced tender offer for 14 million shares of Delta Petroleum Corporation (NASDAQ: DPTR) common stock.
Tracinda cited the steep decline in the price of the Delta shares and the continued uncertainty in the capital and stock markets as factors contributing to [...]

Tracinda Corporation today announced that it intends to make a cash tender offer for up to 14 million shares of common stock of Delta Petroleum Corporation (NASDAQ: DPTR) at a price of $11.00 per share. The offer price represents a 20.7% premium over Delta’s closing stock price of $9.11 on October 30, 2008.
The shares [...]

Washington Mutual, Inc. Files Chapter 11 Case
WASHINGTON MUTUAL, INC. announced today that it has, together with its wholly-owned subsidiary, WMI Investment Corp., commenced voluntary cases under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. The chapter 11 filings were a result of the [...]

Yahoo! Inc. (Nasdaq:YHOO) was informed today by Corporate Election Services, the inspector of elections for the Yahoo! annual meeting of shareholders on August 1, 2008, that Corporate Election Services was notified this morning by Broadridge Financial Solutions, Inc., an independent voting intermediary that processes proxies on behalf of banks, brokers and institutions, of errors made [...]

Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, announced today that, at the Company’s annual meeting of stockholders held earlier today, stockholders re-elected all of Yahoo!’s nominees to the Board of Directors.
In addition, stockholders voted to approve the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm. Stockholders [...]

ORBCOMM Inc. (NASDAQ: ORBC), a global satellite data communications company focused on providing two way Machine-to-Machine (M2M) communications, today announced that it intends to launch six satellites; the Coast Guard Concept Demonstration satellite and five Quick Launch satellites on June 19, 2008 from the Russian Kapustin Yar launch facility at approximately 2:30 am (EDT). The [...]

Tracinda Corporation today announced the final results of its cash tender offer for up to 20,000,000 shares of Ford Motor Company (NYSE: F) common stock, which expired at 5:00 p.m., New York City time, on Monday, June 9, 2008.
Based on the final tabulation by Mellon Investor Services LLC, the depositary for the tender offer, [...]

Agreement Advances Yahoo!’s Open Strategy; Enhances Ability to Compete in Converging Search and Display Marketplace
Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, announced today that it has reached an agreement with Google Inc. that will enhance its ability to compete in the converging search and display marketplace, advancing the company’s open strategy. The agreement [...]

Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company, today issued the following response to Carl Icahn in response to his letter dated June 6, 2008:
Leaving aside Mr. Icahn’s inaccurate interpretation of our retention plan, we again note that he has no credible plan to operate Yahoo!. We [...]