Wednesday, April 11, 2012

iRobot and DARPA's Robotics Challenge; Yahoo! News

On 10 April 02012 DARPA announced its Robotics Challenge. Upon hearing this I immediately pondered what this meant for iRobot. I think DARPA #RoboChallenge is great news for our country, but I'm not convinced it's great news for iRobot. iRobot's CEO has communicate to shareholders what he thinks about DARPA's Robotics Challenge. IRBT closed yesterday (02012.04.10) at $24.12. 52-week range: $22.46 - $39.00.

Yahoo! announced its restructuring plan. "It's time for Yahoo! to move forward, and fast," said Yahoo! CEO Scott Thompson. To which I say: Duh! I agree with Yahoo Should Cut More Jobs, Ironfire's Jackson Says - Forbes. YHOO closed yesterday at $14.99. 52-week range: $11.09 - $18.84.

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