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Twitter (TWTR) Slammed as Illusive Dorsey News Seen as Bittersweet

October 1, 2015 12:32 PM UTC

After rising 5 percent yesterday on headlines Jack Dorsey was to be tapped as permanent CEO as soon as today, Twitter (NYSE: TWTR) is under heavy pressure today (-6.3%) as the announcement has still yet to come and as the implications sink in. Some investors are asking "why the delay now?", while others are saying "this is no... More

Nomura Securities Remains Neutral on Twitter (TWTR) Following Potential CEO Reports

October 1, 2015 10:29 AM UTC

Nomura Securities reiterated a Neutral rating and $33.00 price target on Twitter, Inc. (NYSE: TWTR) following reports that the company could
name co-founder Jack Dorsey as permanent CEO as soon as tomorrow. Mr. Dorseys history with Twitter dates back to his role as the companys co-founder and well-known original CEO. He has... More

Twitter likely to name Dorsey permanent CEO: Re/code

September 30, 2015 2:03 PM UTC

By Yasmeen Abutaleb and Julia Love

SAN FRANCISCO (Reuters) - Twitter Inc (NYSE: TWTR) co-founder and interim Chief Executive Jack Dorsey is expected to be named permanent CEO as early as Thursday, while keeping his job as the head of online payment service Square, technology news website Re/code reported, citing sources.

The report was largely welcomed by investors, and Twitter's stock rose briefly by as much as 6.8 percent, before closing 5.3 percent higher at $26.94 on the New York Stock Exchange.

But the news raised questions over whether Dorsey... More

Jack Dorsey To Be Named Permanent CEO of Twitter (TWTR) - Re/Code

September 30, 2015 1:52 PM UTC

(Updated - September 30, 2015 2:04 PM EDT)

Jack Dorsey is expected to be named permanent CEO of Twitter (NYSE: TWTR) as early as tomorrow, Re/Code reported Wednesday afternoon. Dorsey will also remain CEO of Square, the report added.

The report from... More