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Colin Gillis



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Yahoo CEO Jerry Yang's plan to step down sends shares surging

"The new CEO is going to face the same challenges as the old CEO," said Colin Gillis, managing partner of Click Capital Research. "Just like the Obama administration, change will not come fast and it will not come easy."Investors and analysts would like to see a new regime that will take a more aggressive approach to solving Yahoo's festering problems. Yang has been widely criticized...

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Yahoo CEO Jerry Yang's plan to step down sends shares surging

"The new CEO is going to face the same challenges as the old CEO," said Colin Gillis, managing partner of Click Capital Research. "Just like the Obama administration, change will not come fast and it will not come easy."Investors and analysts would like to see a new regime that will take a more aggressive approach to solving Yahoo's festering problems. Yang has been widely criticized...

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Jerry Yang Out; Worse Than the Great Depression?

... could use additional executive experience, but you still have the same strategic issues,” said Colin Gillis, managing partner at Click Capital Research. Reaction to the news, first reported by The Wall Street Journal, was quick. Yahoo shares, which had fallen 1.8% to $10.63 during the regular session, jumped to $11.10 in after-hours trading. Three months ago, Yahoo shares were trading...

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A Lot Happening on RealMoney

A Lot Happening on RealMoney11/13/08 - 07:00 AM EST, If you haven't taken a trial recently to RealMoney, now is the time. . Our new general manager -- Dan Kelly -- is really ramping up RealMoney so that it is a must-use service like never before. First, we have six new contributors who have recently joined the site. Colin Gillis is a managing partner at Glick Capital, a specialized research...

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Why is Yahoo Not Buying Back Its Stock?

In a recent Fortune article, Yi-Wyn Yen suggested that Yahoo's management should announce a major buyback the way Microsoft and Hewlett-Packard did. Yi-Wyn Yen quoted Argues Canaccord Adams equity analyst Colin Gillis as saying "If Yahoo ...

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THE WORLD WEEP WEB

... clip. "Not only will we see [display ad] growth decelerate, it could go negative next year," said Colin Gillis, an analyst at Canaccord Adams. Gillis expects the category to be down 6.7 percent in 2009 compared with this year, although he's hopeful growth will resume in the second half. RBC Capital's Rob Sandler, predicts display advertising next year will be anywhere from...

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Google Bares Android’s Soul

... development community at large is stronger than any collective of corporate programmers,” Colin Gillis, an equity analyst with Canaccord Adams , told LinuxInsider. “The real potential will be when the developer community gets their hands on the [Android] source code. We want to see what the community does with a powerful code base like this.” In many ways, Google’s strategy is cut...

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Yahoo Cuts Workforce By 10 Percent

... Microsoft’s $47.5 billion offer."The heat is definitely still on Yang," Canaccord Adams analyst Colin Gillis told the AP.The workforce reductions announced Tuesday denote the second time in nine months the company has turned to mass layoffs to solve its troubles, which have resulted in its stock price near a 5-½ year low. However, the company is implementing the cutbacks much more...

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Yahoo hoards cash, fueling AOL rumors

... with Time Warner since April, and the latest remarks signal that a deal may be imminent, said Colin Gillis, an analyst at Canaccord Adams Inc. in New York. A merger with AOL would boost Yahoo's share of the online advertising market, helping it pull closer to leader Google and widen its advantage over former suitor Microsoft Corp. Still, AOL focuses on display ads, such as Web banners,...

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Wall Street braced for new cuts, weak outlook at Yahoo

... the operating sense," Sanford C. Bernstein analyst Jefferies Lindsay said.Canaccord Adams analyst Colin Gillis agreed. "There are no easy solutions," he said.Yahoo is poised to reveal cost-cutting moves that will include a new round of layoffs that go beyond the roughly 1,000 jobs, or 7 percent of the workforce it laid off in February, according to a source familiar with the plan.Besides...