So she would have gotten at $30M package if her approval was 90%? They have been trying to boot her since Oct 08. I guess they thought the cost of paying her to leave now outweighed her dragging the stock.
Zillow's new negative equity report shows nearly 16M U.S. homeowners, or 31.4% of all homeowners with a mortgage, were underwater in 2012 - a bit better than 2011's 32.4% but higher than estimates from CoreLogic and others. “It’s a $1.2T problem," Zillow's Stan Humphries says. “We think 2012 is going to be a great year for home sales, but a mixed picture for prices." [View news story]
Wait..the $2T house bailout didn't work? I can't believe that.
Netflix (NFLX -7.6%) closed at levels last seen in early January after Viacom (VIA, VIAB) stated on its FQ2 earnings call Epix's movies will be available on Netflix "under any circumstance," but other streaming partners might also be added. Last week, it was reported Apple (AAPL) is talking to Epix, which Viacom co-owns with LGF and MGM, about a streaming deal. Netflix's exclusivity ends in September. [View news story]
Biobat, Do a little research ....he did. In addition, at the end of the year he did not own a single share of stock. That is pretty telling to me and any investor. His options were a strike price of 1.50 so he cashed those out at the height of Netflix knowing he bungled a dozen issues. As long as stock was above $1.50 he made off like a bandit. Then, he gets a 68% pay raise in 2011 while Netflix loses 77%. Base pay stayed the same but his options allowance went up $3M. Imagine if Netflix didnot collaspe. He'd make $100M easy.
Netflix (NFLX -7.6%) closed at levels last seen in early January after Viacom (VIA, VIAB) stated on its FQ2 earnings call Epix's movies will be available on Netflix "under any circumstance," but other streaming partners might also be added. Last week, it was reported Apple (AAPL) is talking to Epix, which Viacom co-owns with LGF and MGM, about a streaming deal. Netflix's exclusivity ends in September. [View news story]
Translation: Netflix is F*cked. They need to be acquired to stay alive. Reed alienated both content providers and customers. BUS 101 is don't do either. There's a reason he cashed out all his options last summer for $65M and has a handful of regular class a shares left.
Facebook (FB) has set an IPO date of May 17, sources tell TechCrunch, contingent on the SEC signing off on the company's paperwork in time. It's added Facebook will have an IPO valuation of $100B (reflecting recent trading on secondary markets), and (as expected) is looking to raise less than $10B. (S-1) [View news story]
As andruomail mentioned above, Amazon is not buying up cds, a third party merchant is. You get a amazon gift card in exchange due to their agreement. I don't believe there is really a story. Need more info on this third-party merchant...discount store?, charity organization or really out there...a company (org) buying them up to destroy them. Cds are a dead media, although I personally like them.
Why I Am Content That I Sold Apple And Gave Up Trading [View article]
Is that you with the only volume on the NFLX puts in June? It still looks like your heavily invested in trading to me. Based on past successes it looks like you're able to do other things. Good luck!
BioTime (BTX -9.3%) shares sink after a Seeking Alpha article by Martin Shkreli says the biotech smallcap is worth ~$20M vs. its current ~$221M market cap. "With only $22M in cash and limited operations... BioTime has a need for raising cash in the future... I predict BTX shares will drop at least 50% in the next 12 months." [View news story]
The eurozone may increase the combined size of its bailout funds to €700B, according to officials. This would be over the "opposition" of the Germans who are at least talking a good game about keeping it at €500B. [View news story]
Where the hell are they getting all this money? ECB can print away I guess, another "Western" technique adopted by the Europeans.
Despite the band-aid put on the Greek situation with the recent bond swap, the Greeks are inevitably going to default down the road, or write down 100% of their debt, says Wells Fargo Advisor's Scott Wren. Additional bailouts are likely, and other European nations such as Portugal and Spain may even jump on the bandwagon. [View news story]
Soros http://bit.ly/ysqqaF He also bought $4B in gov't debt. Trying to find the link.
Amazon (AMZN) could be the big winner from the DOJ's suit against Apple (AAPL) and 5 top publishers, says Jeff Roberts. The suit could once more grant Amazon the power to determine e-book pricing, which means it could aggressively price them to boost Kindle demand. However, publishers would lose if consumers become accustomed to lower e-book prices, thereby threatening their high margins. As for Apple, the issue is a sideshow. [View news story]
Wait, AAPL can't determine e-book pricing but Amazon (who holds market share on e-books) can? BO didn't like that AAPL wouldn't play ball with him last year and sent his crony Holder to harass them.
Ever wondered why many e-books seem way over-priced? The DOJ reckons Apple (AAPL) and 5 major publishers have been colluding to raise prices and undermine Amazon (AMZN), and plans to sue, the WSJ reports. The publishers include Simon & Schuster (CBS), Penguin (PSO), and HarperCollins (NWSA), with some of the parties involved in talks to settle. [View news story]
Should investigate gas stations then..10 within a mile of my house, 9 have the same price....therefore they are engaging in price collusion. SMH.
Facebook (FB) is introducing Interest Lists, a feature that allows users to both create news feeds that revolve around particular subjects, and subscribe to feeds created by others. The feature, which follows last year's release of a subscribe button, is further proof that Facebook is trying to challenge Twitter's dominance in the realm of "public" social media content. [View news story]
Android tablet makers aren't ceding the low-end market to the Kindle Fire (AMZN) and Nook Tablet (BKS) without a fight. Asus is rolling out a $250 7-inch model featuring an Nvidia (NVDA) Tegra 3 CPU, and ViewSonic says it will sell a 7-inch tablet with a less powerful chip for $170. Whether such products will be enough to counter Amazon's brand power, sales reach, and content/services bundling remains to be seen. (also) [View news story]
Kindle and the Nook have it wrapped up. Why bother?
Outgoing Yahoo (YHOO +6.5%) CEO Carol Bartz will be receiving a $10.4M severance package on her way out the door, per Bloomberg. Glassdoor.com reports Bartz had just a 33% employee approval rating during the present quarter - down from 90% in Q2 2009, and 50% a year ago. (previously) [View news story]
Are These 5 Bank Stocks Deeply Undervalued? [View article]
Zillow's new negative equity report shows nearly 16M U.S. homeowners, or 31.4% of all homeowners with a mortgage, were underwater in 2012 - a bit better than 2011's 32.4% but higher than estimates from CoreLogic and others. “It’s a $1.2T problem," Zillow's Stan Humphries says. “We think 2012 is going to be a great year for home sales, but a mixed picture for prices." [View news story]
Netflix (NFLX -7.6%) closed at levels last seen in early January after Viacom (VIA, VIAB) stated on its FQ2 earnings call Epix's movies will be available on Netflix "under any circumstance," but other streaming partners might also be added. Last week, it was reported Apple (AAPL) is talking to Epix, which Viacom co-owns with LGF and MGM, about a streaming deal. Netflix's exclusivity ends in September. [View news story]
Do a little research ....he did. In addition, at the end of the year he did not own a single share of stock. That is pretty telling to me and any investor. His options were a strike price of 1.50 so he cashed those out at the height of Netflix knowing he bungled a dozen issues. As long as stock was above $1.50 he made off like a bandit. Then, he gets a 68% pay raise in 2011 while Netflix loses 77%. Base pay stayed the same but his options allowance went up $3M. Imagine if Netflix didnot collaspe. He'd make $100M easy.
Netflix (NFLX -7.6%) closed at levels last seen in early January after Viacom (VIA, VIAB) stated on its FQ2 earnings call Epix's movies will be available on Netflix "under any circumstance," but other streaming partners might also be added. Last week, it was reported Apple (AAPL) is talking to Epix, which Viacom co-owns with LGF and MGM, about a streaming deal. Netflix's exclusivity ends in September. [View news story]
Facebook (FB) has set an IPO date of May 17, sources tell TechCrunch, contingent on the SEC signing off on the company's paperwork in time. It's added Facebook will have an IPO valuation of $100B (reflecting recent trading on secondary markets), and (as expected) is looking to raise less than $10B. (S-1) [View news story]
Why Is Amazon Buying CDs? [View article]
Why I Am Content That I Sold Apple And Gave Up Trading [View article]
BioTime (BTX -9.3%) shares sink after a Seeking Alpha article by Martin Shkreli says the biotech smallcap is worth ~$20M vs. its current ~$221M market cap. "With only $22M in cash and limited operations... BioTime has a need for raising cash in the future... I predict BTX shares will drop at least 50% in the next 12 months." [View news story]
The eurozone may increase the combined size of its bailout funds to €700B, according to officials. This would be over the "opposition" of the Germans who are at least talking a good game about keeping it at €500B. [View news story]
Despite the band-aid put on the Greek situation with the recent bond swap, the Greeks are inevitably going to default down the road, or write down 100% of their debt, says Wells Fargo Advisor's Scott Wren. Additional bailouts are likely, and other European nations such as Portugal and Spain may even jump on the bandwagon. [View news story]
Amazon (AMZN) could be the big winner from the DOJ's suit against Apple (AAPL) and 5 top publishers, says Jeff Roberts. The suit could once more grant Amazon the power to determine e-book pricing, which means it could aggressively price them to boost Kindle demand. However, publishers would lose if consumers become accustomed to lower e-book prices, thereby threatening their high margins. As for Apple, the issue is a sideshow. [View news story]
Ever wondered why many e-books seem way over-priced? The DOJ reckons Apple (AAPL) and 5 major publishers have been colluding to raise prices and undermine Amazon (AMZN), and plans to sue, the WSJ reports. The publishers include Simon & Schuster (CBS), Penguin (PSO), and HarperCollins (NWSA), with some of the parties involved in talks to settle. [View news story]
Facebook (FB) is introducing Interest Lists, a feature that allows users to both create news feeds that revolve around particular subjects, and subscribe to feeds created by others. The feature, which follows last year's release of a subscribe button, is further proof that Facebook is trying to challenge Twitter's dominance in the realm of "public" social media content. [View news story]
Android tablet makers aren't ceding the low-end market to the Kindle Fire (AMZN) and Nook Tablet (BKS) without a fight. Asus is rolling out a $250 7-inch model featuring an Nvidia (NVDA) Tegra 3 CPU, and ViewSonic says it will sell a 7-inch tablet with a less powerful chip for $170. Whether such products will be enough to counter Amazon's brand power, sales reach, and content/services bundling remains to be seen. (also) [View news story]