turnaround

Marissa Mayer to Move Yahoo Back to Tech Roots

Long torn between whether it should focus on media content or on tools and technologies, Yahoo under Marissa Mayer is being positioned firmly in the latter camp, according to sources inside and outside the company.

Can a New Guy Save Best Buy?

Best Buy reported another pretty dismal quarter last week, but some investors got excited anyway. Interim CEO Mike Mikan headed up the conference call for the first time and talked some interesting turnaround strategy for the retailer. But should the market buy any of it?

Why J.C. Penney Will Never Be Great Again

J.C. Penney's new CEO plans to remake the tired old department store chain a la the Apple Store and Target, and his fresh ideas are earning him applause. But as investors and industry watchers cheer Ron Johnson's turnaround concepts, they're ignoring some big potholes on the road ahead.

Is Yahoo's New CEO Sunk Before He Even Starts?

On Wednesday, Yahoo named Scott Thompson as CEO. He's a former PayPal president and veteran technologist -- and that's the trouble: Yahoo is following the same strategy that led it to hire Carol Bartz, who was ousted for failing to turn the company around.

Resurgent Ford Awards Top Two Execs $99 Million in Stock

Ford CEO Alan Mulally and Executive Chairman Bill Ford, have been awarded $56.5 million and $42.4 million in stock, respectively, in recognition for the company's stunning turnaround, which resulted in the automaker raking in $6.6 billion last year -- its best performance in more than a decade.

The Food Emporium Could Be Up for Sale

Great Atlantic & Pacific Tea Co., owner of the A&P supermarket chain, may sell its Food Emporium stores as the 151-year-old company continues to try to turn around its finances by cutting costs and revamping leadership.