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Stock Market & Financial Investment News

News Breaks
January 15, 2013
06:10 EDTALBCF, YHOOAlibaba CEO Jack Ma to step down from role, WSJ reports
Jack Ma, the founder of Alibaba (ALBCF), will step down as CEO on May 10, reports the Wall Street Journal. Ma will continue to act as executive chairman. A CEO successor, who will be named on May 10, is likely to come from within the company. Reference Link
News For ALBCF;YHOO From The Last 14 Days
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June 18, 2013
09:38 EDTALBCFAmazon rumored to eye Alibaba partnership in China, TechInAsia says
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07:42 EDTYHOOO'Reilly Media to hold a conference
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06:39 EDTYHOOYahoo may acquire startup that enables mobile movie making, AllThingsD says
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06:20 EDTYHOOYahoo offer to acquire Xobni for $30M-$40M, AllThingsD reports
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05:30 EDTYHOOYahoo: U.S. made about 13,000 data requests, Reuters reports
Yahoo said U.S. law enforcement agencies made between 12,000 and 13,000 requests for data in the last six months, the latest in a series of disclosures by technology companies since intelligence leaks showed the extent of government data gathering efforts, reports Reuters. Reference Link
June 17, 2013
09:15 EDTYHOOYahoo unlikely to reach search deal with Google, says Bernstein
Bernstein believes that Google (GOOG) will not make a deal on search with Yahoo (YHOO), as the risk/reward ratio of such a deal would not be favorable to Google. The firm expects Yahoo's stock to rise over the next few months but it keeps a Market Perform rating on the shares.
June 13, 2013
09:41 EDTYHOOYahoo acquires small business conference call service Rondee
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06:29 EDTYHOOYahoo acquires GhostBird Software
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June 6, 2013
14:40 EDTYHOOYahoo in talks to buy address book app maker, AllThingsD says
Yahoo has been talking for a while with address book app maker Xobni about a potential acquisition, and the talks have become more serious, according to AllThingsD, citing sources familiar with the situation. A deal is not finalized, the report noted. Reference Link
07:38 EDTALBCFCredit Suisse to take lead on Alibaba IPO, Reuters reports
Credit Suisse (CS) is expected to take a leading role in the anticipated IPO of China's Alibaba Group, sources say, reports Reuters. The IPO may come by the end of this year and is likely to rival Facebook's (FB) $16B IPO in terms of size.Reference Link
June 5, 2013
10:38 EDTYHOOYahoo search results page revamp rolled out, CNET says
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