One Wall Street analyst sees Yahoo nearly at its full valuation and changes his firm’s rating from “buy” to “hold” while remaining bullish on the company’s long-term prospects.
Whirpool Enters the Maytag Game
Whirlpool has made an offer to purchase Maytag for $17 per share. Maytag said that it would consider the proposal, though the company said that it’s board of directors hasn’t changed its recommendation of the existing Ripplewood-led transaction.
Corporate Responsibility Reporting Enters the Mainstream
International accounting firm KPMG has published the results of its latest survey on corporate responsibility reporting.
Rojo Enters Public Beta
Bloglines and My Yahoo now have new competition from Rojo, a new online RSS reader that just launched a public beta.
ShopKo Enters Merger With Goldner Hawn Johnson & Morrison
ShopKo Stores announced today that it has signed a definitive merger agreement to be acquired by an affiliate of Minneapolis-based private equity investment firm Goldner Hawn Johnson & Morrison.
Lockheed Martin Enters $37.8 million Contract With Air Force
Lockheed Martin received a $37.8 million contract to provide the U.S. Air Force with Precision Engagement production kits to modify A/OA-10 aircraft.
OpenTV Enters Agreement With TV Guide
OpenTV has entered into an agreement with TV Guide Interactive an affiliate of Gemstar-TV Guide International the developer of the cable industry’s most widely-distributed interactive program guide (IPG).
Huntington Enters Supervision Agreements
Huntington Bancshares has entered into formal written agreements with its banking regulators, the Federal Reserve Bank of Cleveland and the Office of the Comptroller of the Currency.
Microsoft Enters Agreement with Citrix
Citrix announced an agreement with Microsoft that enables Citrix to deliver more comprehensive access solutions on the Windows platform.
AOL Enters Agreement with Kayak Software
America Online and Kayak Software Corporation, created by the founders of Orbitz, Expedia and Travelocity, announced a multiyear marketing and technology agreement in which AOL will make a minority investment in Kayak.