Wednesday, May 1, 2013

YHOO: Yahoo (YHOO) paid Marissa Mayer $38.6M for her...

6:14 AM Yahoo (YHOO) paid Marissa Mayer $38.6M for her first six months of service as CEO, FT reports. A proxy filing shows Mayer's compensation will be tied to revenue growth (as opposed to profits or cash flow) going forward as "shareholders [have expressed] a deep conviction … that the Yahoo compensation program needs a much greater focus on pay for performance." Yahoo notes that Mayer's "realized" pay was actually closer to $6M, with the lion's share of the headline number coming from as yet unvested stock awards. Read comments

YHOO price at time of publication: $24.73. Check YHOO price now »

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MSFT: Why Microsoft Stock Is Going Up Despite Windows 8 Going Down

Why Microsoft Stock Is Going Up Despite Windows 8 Going Down
by Sneha Shah

The Seattle giant Microsoft (MSFT) has seen its stock increase by ~10% in the past month despite Windows 8 seeing disappointing sales. The IDC PC shipment report had led to dumping of "PC stocks" as PC sales declined by a greater than expected 14% in Q1 2013. Microsoft has not really set the world on fire with its new product launches. The Surface RT tablet has pretty much been given up for dead with Nvidia CEO citing the absence of Outlook as one of the reasons for the low sales. After the end of the promotional pricing period, Windows 8 sales have been lackluster and Microsoft has been forced to reduce the prices of some key new products to boost sales. Despite the bad news, MSFT stock has climbed up and crossed the crucial $30 level. read more »

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