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Stock Market & Financial Investment News

News Breaks
September 26, 2012
08:34 EDTFTNT, YHOOFortinet confirms CFO Goldman resigning to join Yahoo!
Fortinet (FTNT) disclosed in a regulatory filing that Ken Goldman notified the company that he is resigning as Chief Financial Officer, leaving effective October 19, to join Yahoo! (YHOO) as CFO. Fortinet has appointed Nancy Bush, its current VP, Worldwide Corporate Controller, as interim Chief Financial Officer, effective immediately, and is initiating a search for a CFO, considering internal and external candidates. Prior to joining Fortinet, Bush was VP of Finance at ArcSight, a security information management company that was acquired by Hewlett-Packard (HPQ) in October 2010. Fortinet stated that the timing of its filing is based on Yahoo!'s agreement to hire Goldman and Yahoo's announcement. Note that Yahoo! announced Goldman's hiring in a press release last night.
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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
June 5, 2013
10:38 EDTYHOOYahoo search results page revamp rolled out, CNET says
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