Turnaround Scorecard: Obama’s US, Stringer’s Sony, and Bartz’s Yahoo
We actually are seeing a large number of turnarounds going on in the industry, and all are overshadowed by President Obama's effort to turn around the country. Last week's vote on the stimulus package would indicate things aren't going well for Obama because, while it passed, all Republicans voted against it -- but it showcases the exact kind of problem Howard Stringer is having at Sony (NYSE: SNE) .
In addition, Carol Bartz's first showing during the dismal Yahoo (Nasdaq: YHOO) financial report was actually rather impressive, suggesting at least one of the three is initially doing well, but most of the hard stuff is still in front of all three of these folks. Let's chat about turnarounds again this week.
We will close with a comment on the nasty response to Michael Dell's (Nasdaq: DELL) offer of help to Obama's Russian counterpart.
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