Recent

% | $
Quotes you view appear here for quick access.

Corrections Corporation of America Message Board

razzledazzle5050 2915 posts  |  Last Activity: Jun 28, 2016 12:02 PM Member since: Dec 6, 2002
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • razzledazzle5050 by razzledazzle5050 Jun 28, 2016 12:02 PM Flag

    from $119 at Morgan Stanley. Maintains "Overweight"

  • razzledazzle5050 by razzledazzle5050 Jun 24, 2016 1:37 PM Flag

    Yahoo, Yahoo Japan, and BABA all down the same amount. 3.75 %

  • razzledazzle5050 by razzledazzle5050 Jun 24, 2016 11:51 AM Flag

    , their best weekly performance in 4 months. Yes, you read that correctly.

  • Reply to

    hey guys

    by pebble16x Jun 24, 2016 11:16 AM
    razzledazzle5050 razzledazzle5050 Jun 24, 2016 11:21 AM Flag

    not really !!!

  • Reply to

    I don't mean to minimize Brexit but

    by razzledazzle5050 Jun 24, 2016 10:29 AM
    razzledazzle5050 razzledazzle5050 Jun 24, 2016 11:20 AM Flag

    FTSE set to finish the week higher, despite historic Brexit vote

  • razzledazzle5050 by razzledazzle5050 Jun 24, 2016 10:29 AM Flag

    the S&P 500 is now flat for the week ;)

  • Reply to

    yo razz:

    by pebble16x Jun 23, 2016 2:15 PM
    razzledazzle5050 razzledazzle5050 Jun 23, 2016 2:37 PM Flag

    Could be !!! Email on 6/17
    Dear razzledazzle5050

    By creating and using your Yahoo! account, you agree to abide by Yahoo!'s Terms of Service (TOS). Pursuant to the TOS, Yahoo! reserves the right to terminate your account or otherwise prohibit use of your account in the event that, among other things, Yahoo! believes that you have violated or acted inconsistently with the letter or spirit of the TOS.

    It has come to our attention that you may have violated the TOS(http://www.yahoo.com/r/ts) on Yahoo! Finance.Please reread the TOS and cease any use of your account that may violate the TOS.

    If your use of your Yahoo! account is brought to our attention again, and we believe that such use violates the TOS, then we may terminate your account without further notice.

    Please do not reply to this email. Any questions concerning Yahoo!'s Services should be submitted through the on-line form in the help area ( http://help.yahoo.com ).

    -Yahoo!

  • razzledazzle5050 by razzledazzle5050 Jun 23, 2016 11:41 AM Flag

    Lots of resistance between 37.75-38.10. A break would send us higher and signal an end to our torture.

  • razzledazzle5050 by razzledazzle5050 Jun 22, 2016 12:48 PM Flag

    their view of the Yahoo sale

  • Reply to

    wsj story

    by pebble16x Jun 17, 2016 11:13 AM
    razzledazzle5050 razzledazzle5050 Jun 17, 2016 12:03 PM Flag

    Yep!!! I meant to bring that up.
    Just a thought, but if people want access to WSJ stories or other breaking news, you can usually get them from Twitter when you search the stock symbol from twitter site. Just open a twitter account. ezee- pee-zee

  • Reply to

    wsj story

    by pebble16x Jun 17, 2016 11:13 AM
    razzledazzle5050 razzledazzle5050 Jun 17, 2016 11:49 AM Flag

    pebble
    if you highlight the link I posted it will take you to the full story

  • Reply to

    wsj story

    by pebble16x Jun 17, 2016 11:13 AM
    razzledazzle5050 razzledazzle5050 Jun 17, 2016 11:40 AM Flag

    you can go to twitter and search $YHOO...there are versions there you can access

  • Reply to

    wsj story

    by pebble16x Jun 17, 2016 11:13 AM
    razzledazzle5050 razzledazzle5050 Jun 17, 2016 11:36 AM Flag

    crazy...I cut & pasted the whole story in batches...it was there and now it's not!

  • Reply to

    wsj story

    by pebble16x Jun 17, 2016 11:13 AM
    razzledazzle5050 razzledazzle5050 Jun 17, 2016 11:26 AM Flag

    More:
    Then Yahoo's costs ballooned. It paid $20 million for the rights to the National Football League's first streaming-only game broadcast, a matchup of the Buffalo Bills and Jacksonville Jaguars. Yahoo bought shopping site Polyvore Inc. for more than $160 million, triple what Yahoo's top deal-making executive estimated it was worth, according to two people familiar with the matter.

    In the first two quarters after the truce, Yahoo's total expenses rose an average of 21%, compared with increases of less than 6% a year earlier.

    As tough as her job was from the start, Ms. Mayer made things even worse after Starboard began prodding Yahoo, according to interviews with more than two dozen investors, current and former Yahoo employees, and other people who worked closely with her.

    She failed to produce the pledged cost savings, plunged even deeper into her turnaround efforts and clung to the idea that she was going to save Yahoo, even when it became clear to insiders and other observers that the company was beyond saving.

    Ms. Mayer and Mr. Smith declined to comment for this article. But his frustration boiled over into a revolt that began in November with a public letter-writing campaign and ended this spring with Starboard taking nearly half of Yahoo's board seats and helping to force an auction of Yahoo's web properties. Final bids are expected soon.

    Yahoo's sale would cap the stunning fall of Ms. Mayer, 41 years old, who was widely hailed as one of the most promising executives in Silicon Valley when hired as Yahoo's president and CEO in July 2012.

    She has defended her strategy by stressing that growth is the lifeblood of internet businesses.

    In March, though, Ms. Mayer told interviewer Charlie Rose that one lesson she has learned is that pacing and timing are important in a turnaround. "I think there are some things that we probably did too quickly," she said. "I think there are some things that we probably did too slowly and, you know, not enough."

    Her arrival brought a jolt of optimism that Yahoo could be turned around despite losing users and advertising dollars to companies such as Google, now part of Alphabet Inc., and Facebook Inc.

    Supporters and critics say Ms. Mayer took on a nearly impossible mission at Yahoo, bringing fresh energy and talent to a company many had left for dead. Under her leadership, Yahoo has returned $9.8 billion to shareholders.

    As the turnaround stalled, though, Ms. Mayer faced a difficult decision: yield to Mr. Smith's demands to prune Yahoo's costs and her own ambitions, or defy the activist investor and swing for the fences.

    "Her core mistake was this belief that she could reinvent Yahoo," says a former senior executive who left the company last year. "There was an element of her being a true believer when everyone else had stopped."

    Ms. Mayer came to Yahoo for redemption after her rise at Google stalled. Yahoo had churned in five years through a half-dozen CEOs, who failed to stem ad-revenue declines and defections by top engineers.

    She instantly became one of the highest-profile corporate executives in the U.S., and her appeal widened when she gave birth to her first child 2 1/2 months into the job at Yahoo and put a nursery in the office adjoining hers.

    Ms. Mayer spent her first two years at Yahoo launching new businesses and acquiring dozens of mobile software startups. Their engineers began building smartphone apps, and she also ramped up investment in web search, a long-neglected area.

    She has said the investments generated significant and growing revenue from mobile ads, a business that didn't exist at Yahoo when she arrived. She said the acquisitions, improved perks for employees and digital-media partnerships were necessary to reinvigorate the company as a destination for web surfers and coveted brand for advertisers.

    Still, the new projects failed to create enough growth to offset Yahoo's declining business in banner ads. Revenue remained stagnant, and profitability kept shrinking.

    In September 2014, Starboard told Ms. Mayer in a letter it had bought a stake in Yahoo and complained that the company had "a bloated cost structure."

    Ms. Mayer worried that Mr. Smith could be a serious threat in a proxy contest, according to people familiar with her thinking. In October 2014, shareholders replaced the entire board of directors at Olive Garden owner Darden Restaurants Inc. with a board led by Mr. Smith.

    Ms. Mayer invited Mr. Smith to meet at Yahoo's headquarters in Sunnyvale, Calif., and they met several more times in the next six months. Starboard's stake was smaller than the 5% required for public disclosure.

    Mr. Smith pushed for Yahoo to return billions of dollars to shareholders, spin off its stake in Chinese internet giant Alibaba Group Holding Ltd. and cut annual costs by more than 10%.

    Starboard also called for Yahoo to explore a combination with another fading internet icon, AOL Inc., but later backed away from the idea.

    Yahoo's Ms. Mayer urged Mr. Smith to keep quiet about his proposed board nominations, and she began making major concessions.

    In January 2015, she announced a plan to spin off the Alibaba shares. As a March proxy deadline neared, she said Yahoo would buy back $2 billion in stock.

    Mr. Smith, 44, also was assured by Ms. Mayer and Yahoo's finance chief, Ken Goldman, that they would consider Starboard's cost-cutting plan.

    Ms. Mayer hoped she was done dealing with the activist investor and his colleagues at Starboard.

    Ms. Mayer refocused on her turnaround effort, moving more than 300 of Yahoo's roughly 11,000 employees to a secretive mobile-search effort called Project Index.

    The plan was to create an app that acts as a personal virtual assistant to compete with Apple Inc.'s Siri, Google Now and other robot-helpers.

    Ms. Mayer described the planned app to analysts as a kind of search engine that uses personal data about users and context, such as their physical location, to generate smarter results. Internally, she called Project Index a "bet-the-company" strategy that gave Yahoo a chance at competing with Google, a person familiar with the matter says.

    People briefed on Project Index say it was hard to achieve Ms. Mayer's elaborate vision. Initial plans called for three years of development, but the timeline was squeezed to complete a modest version sooner. That happened even though Project Index's development was stopped and then restarted more than once, the people say.

    Last summer, Ms. Mayer rankled members of her executive team when she pushed through the Polyvore takeover, overruling Jackie Reses, Yahoo's chief deal maker at the time and one of Ms. Mayer's most trusted lieutenants.

    Ms. Reses had estimated that Yahoo should pay no more than $50 million for Polyvore.

    Ms. Mayer compared the deal to Google's acquisition of YouTube in 2006, arguing that "you can never overpay" for a company with the potential to land a huge new base of users. In late July, Ms. Mayer agreed to pay $161 million in cash and up to $15 million in stock for Polyvore.

    Since the takeover, traffic to the shopping site is up 23% to 10.4 million in May, according to comScore. Yahoo says its sites get one billion monthly visitors combined.

    After expressing concerns about the Polyvore deal, Ms. Reses was moved to a new role overseeing Yahoo's planned spinoff of the Alibaba stake. She left a few weeks later for a job at payment startup Square Inc.

    By late summer, Ms. Mayer's troubles were growing. The trickle of top executives leaving Yahoo had grown into a steady stream. It got easier to find an open space in the parking lot -- nearly impossible during normal work hours in 2013 and 2014 -- as employees arrived later and left earlier, according to several former Yahoo executives.

    At an August meeting after Yahoo reported its first quarterly loss under her, she asked senior executives to write her an email pledging to stay at the company for at least three more years.

    Mr. Goldman, Yahoo's finance chief, agreed to the three-year pledge. Other executives left the room feeling unsure about their own willingness to commit, one of the people says.

    Starboard's Mr. Smith decided to go public with his case against Yahoo. In a Nov. 19 letter to Ms. Mayer and Yahoo Chairman Maynard Webb Jr., the New York investor fumed about Ms. Mayer's "dismissive approach to our serious concerns about the current situation at Yahoo." Mr. Smith urged it to halt the Alibaba spinoff and sell Yahoo's core business.

    Other large shareholders privately wrote letters to Yahoo's board expressing similar concerns, according to people familiar with the matter.

    Over several days of deliberations at Yahoo headquarters the weekend after Thanksgiving, Thomas McInerney, a former finance chief at IAC/InterActiveCorp who joined Yahoo's board in 2012, argued that concerns about the spinoff's potential tax bill would hurt the market value of Yahoo's remaining core business, according to a person briefed on the talks.

    The Internal Revenue Service had denied Yahoo's request for a favorable ruling on the spinoff plan.

    Yahoo directors, including Ms. Mayer, voted to halt the spinoff and consider alternative strategies, including an auction of the company.

    Ms. Mayer juggled the corporate drama with her second pregnancy, this time with twins. Within 24 hours of her announcement on CNBC that the spinoff was canceled, she rushed to a hospital to deliver her daughters.

    From her hospital bed, Ms. Mayer called Mr. Webb to discuss the company's next steps, according to a person familiar with the matter.

    By then, though, Ms. Mayer had limited options. The board's Feb. 2 announcement that it would explore "strategic alternatives" hung a for-sale sign on Yahoo's core business.

    She also was concerned about a possible boardroom coup by Starboard and belatedly conceded on new cost cuts. In February, she announced plans to reduce Yahoo's workforce by 15% and save $400 million a year.

    In March, Ms. Mayer said in the interview with Mr. Rose that said she needed three more years for her turnaround and hoped to be running Yahoo a year later. "I don't think the story is yet played out," she said.

    But her power was fading. Yahoo's board worried that a proxy battle with Starboard would jeopardize the auction process. To avert a battle, directors agreed to put Mr. Smith and three of his nominees on the board.

    If Yahoo is sold and Ms. Mayer is terminated as a result, she stands to receive about $55 million. Since joining Yahoo, she has received $118.2 million in cash and equity compensation.

    Final bids from suitors, which include Verizon Communications Inc. and private-equity firm TPG, are expected sometime in July. People close to the bidders say some of the business plans don't include Ms. Mayer at all.

    --David Benoit and Joann S. Lublin contributed to this article.


    (END) Dow Jones Newswires

    June 17, 2016 10:55 ET (14:55 GMT)

    Copyright (c) 2016 Dow Jones & Company, Inc.

  • Reply to

    wsj story

    by pebble16x Jun 17, 2016 11:13 AM
    razzledazzle5050 razzledazzle5050 Jun 17, 2016 11:18 AM Flag

    Starboard threatened back in April '15 to throw out the board...MM agreed "to be more mindful of rising costs" and Starboard backed off. You know the rest of the story. She lied!

  • Reply to

    Do not be fooled people

    by h8mongrel Jun 16, 2016 3:00 PM
    razzledazzle5050 razzledazzle5050 Jun 16, 2016 3:03 PM Flag

    LOL!!!

  • Reply to

    I am asking myself

    by goldeagle14 Jun 16, 2016 11:50 AM
    razzledazzle5050 razzledazzle5050 Jun 16, 2016 12:13 PM Flag

    SoftBank has plenty of debt in the 4-5% range over $100 million outstanding. Negative rates won't effect what they have to pay for outstanding debt unless they can call it in and reissue at lower rate.

  • razzledazzle5050 by razzledazzle5050 Jun 16, 2016 11:56 AM Flag

    I'll try this:
    http://thefly.com/landingPageNews.php?id=2389558&headline=YHOO;BABA;VZ;T;YAHOY-Citi-lays-out-reasons-to-buy-Yahoo-shares-now-as-bidding-for-core-continues

  • razzledazzle5050 razzledazzle5050 Jun 16, 2016 9:34 AM Flag

    Thx for the Kelly calculator...playing with it now

  • razzledazzle5050 by razzledazzle5050 Jun 15, 2016 12:34 PM Flag

    Chinese internet giant Tencent nears over $9B deal to buy majority stake in Supercell, the maker of "Clash of Clans", from SoftBank - DJ

CXW
35.02+0.30(+0.86%)Jun 30 4:05 PMEDT