-
What Twitter Experts Think Of Dick Costolo's Resignation
Monday, June 15, 2015 - 11:15am | 679Twitter Inc (NYSE: TWTR) was last week's hottest stock after former CEO Dick Costolo announced his resignation on Thursday afternoon. Below is a look at what some of Wall Street's top analysts have since said about the company's future post-Costolo. Maintain Market Outperform...
-
Weekly Tech Highlights: BlackBerry Might Use Android, Twitter's CEO Shakeup And More
Saturday, June 13, 2015 - 8:12am | 751This week was filled with smartphone surprises, CEO shakeups and the future of streaming music. BlackBerry Could Support A Competing OS BlackBerry Ltd (NASDAQ: BBRY) could be on the verge of a massive, unexpected change. The company, once famous for making email portable, is rumored to be...
-
Yusko Compares Twitter Unfavorably With Facebook
Friday, June 12, 2015 - 4:45pm | 413Mark Yusko was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Twitter Inc (NYSE: TWTR) needs to "figure out how to monetize," an investment manager told Benzinga Friday...
-
Bob Peck's Take On Why Dick Costolo Stepped Down
Friday, June 12, 2015 - 4:09pm | 404Although Twitter Inc (NYSE: TWTR) shares didn’t react as positively as expected following the CEO change, Robert "Bob" Peck, SunTrust Robinson Humphrey Internet analyst, believes this could be a catalyst for change at Twitter and hence a positive thing for Twitter’s shareholders. Peck...
-
Tech Strategist Sean Udall Talks Twitter's Leadership
Friday, June 12, 2015 - 3:29pm | 452Sean Udall was recently a guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Sean Udall is the Chief Investment Officer at Quantum Trading Strategies and is a leading authority on...
-
Re/code's Kara Swisher On Twitter's CEO Change: 'Everyone Shaking Their Heads Around That One'
Friday, June 12, 2015 - 2:43pm | 399Twitter Inc (NYSE: TWTR)’s announcement on Thursday that Dick Costolo would be stepping down as the company’s CEO on July 1 and Jack Dorsey would be taking his place on an interim basis has caught many by surprise. Re/code’s Kara Swisher was on CNBC recently to discuss why...
-
Dick Costolo: 'It Was The Right Time' To Step Down
Friday, June 12, 2015 - 1:13pm | 384Twitter Inc (NYSE: TWTR)’s outgoing CEO Dick Costolo was on CNBC Friday to discuss why he is stepping down as the CEO, but still staying on the company’s board. Why Stay On The Board? "I love the company. I love the thousands of people who work at the company," Costolo...
-
Jack Dorsey On Interim CEO Position, Amplifying Momentum And 'Extreme' Excitement
Friday, June 12, 2015 - 12:54pm | 420Twitter Inc (NYSE: TWTR) announced Thursday that Jack Dorsey, co-founder and chairman, will be replacing Dick Costolo as the CEO of the company temporarily beginning July 1. Dorsey was on CNBC Friday to share what kind of interaction Twitter's board has had with Costolo and to discuss Twitter...
-
What Twitter Has Failed To Learn From Facebook
Friday, June 12, 2015 - 11:55am | 395It seems Twitter Inc (NYSE: TWTR) has taken the opposite path of Facebook Inc (NASDAQ: FB) following its IPO. Where Facebook has moved from strength to strength, becoming the social media behemoth that it is today, Twitter is showing continued weakness since its IPO, which was again highlighted...
-
Nomura Securities Sees Ideal Twitter CEO As Product, Use And User Focused
Friday, June 12, 2015 - 11:30am | 388Dick Costolo will be stepping down as the CEO of Twitter Inc (NYSE: TWTR) on July 1, the company announced following the closing bell on Thursday. He will be replaced by Twitter’s co-founder and chairman, Jack Dorsey, on an interim basis. Nomura Securities' Anthony DiClemente was on...
-
Twitter's Change Of Guards And What It Means; RBC's Mark Mahaney Divulges
Friday, June 12, 2015 - 11:19am | 467Twitter Inc (NYSE: TWTR) announced late on Thursday that its CEO Dick Costolo will be stepping down on July 1 and Jack Dorsey, co-founder and chairman of the company, will be taking up Costolo’s position on an interim basis. RBC Capital Market’s Mark Mahaney was on CNBC Friday to...
-
Axiom's Anthony: Costolo Removal Puts Twitter Into Play, Google Is The 'Logical' Acquirer
Friday, June 12, 2015 - 11:16am | 303Shares of Twitter Inc (NYSE: TWTR) are rallying in Friday’s session, up 1 percent. Former CEO Dick Costolo stepped down from the role last night. Victor Anthony, an analyst at Axiom, believes Costolo stepping down puts the company into play. Anthony rates the social media company at...
-
Costolo's Resignation Shows Twitter Is Willing To Make A 'Dynamic, Proactive Change'
Thursday, June 11, 2015 - 5:14pm | 580Twitter Inc (NYSE: TWTR) announced this afternoon that CEO Dick Costolo has resigned. Twitter co-founder Jack Dorsey will serve as the interim CEO when Costolo steps down on July 1. The news quickly ignited shares of Twitter, which are up more than five percent in after hours trading. "Something...
-
Dick Costolo Resigns As Twitter CEO: Live Blog
Thursday, June 11, 2015 - 4:44pm | 919This afternoon, an SEC filing from Twitter Inc (NYSE: TWTR) revealed Dick Costolo will step down as the company's CEO; Jack Dorsey will step in as interim CEO. The company has since reaffirmed its Q2 2015 revenue outlook and said it will hold a live webcast to discuss Costolo's...
-
Twitter CEO Dick Costolo Resigns; Shares Jump In After-Hours Trading
Thursday, June 11, 2015 - 4:44pm | 304Twitter Inc (NYSE: TWTR) shares rose sharply in the extended session after the company said its CEO, Dick Costolo, will resign as of July 1. Twitter shares, off more than 22 percent in the past three months, changed hands recently at $38.79, up $2.83. Twitter posted disappointing first quarter...