Shutterfly names Gautam Srivastava as Chief Human Resources Officer Shutterfly (SFLY) announced it has appointed Gautam Srivastava as senior vice president and chief human resources officer. Srivastava will join the Shutterfly team on July 21. Srivastava brings many years of human resources and general operating experience to his position. Most recently he was SVP of Human Resources and Marketing for LSI Corp. (LSI), a designer of semiconductors for datacenter storage and networking.
Internet sector upgraded to Attractive from Neutral at Goldman Goldman upgraded the Americas Internet sector to Attractive to Neutral based on more reasonable valuations, reduced expectations, and strong sector growth. As part of the sector change, the firm upgraded GrubHub (GRUB) to Buy from Neutral, downgraded Shutterfly (SFLY) to Neutral from Buy, and lowered Priceline (PCLN) to Buy from Conviction Buy.