New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 27, 2014
10:13 EDTYHOO, YELPResearch firms upbeat on Yelp after partnership deals
Two research firms issued positive notes on Yelp (YELP) earlier today, saying that the company's recently announced partnerships are positive for the company. Yelp offers reviews of local businesses. WHAT'S NEW: In a note to investors earlier today, Wunderlich analyst Blake Harper raised his price target on the stock to $90 from $78. Yelp's deal with YP, formerly known as Yellow Pages, should enable Yelp to increase its penetration of the local ad market, Harper predicted. While YP is much maligned due to its weakening print business, the company has significant brand name recognition and had over 120M unique visitors to its website in Q4, the analyst noted. The deal will enable Yelp to more effectively expand its business, according to Harper, who kept a Buy rating on the stock. Meanwhile, Stifel analyst Michael Purcell wrote in a note to investors earlier today that Yelp's YP deal along with its deal with Yahoo (YHOO) highlight the review site owner's growing strength in the local ad market. Yelp's partnership strategy increases the website's distribution and usage rates, while raising the number of marketing solutions that the company can provide to local businesses, Purcell contended. He kept a $95 price target and Buy rating on the shares. PRICE ACTION: In early trading, Yelp was up 0.9% to $78.00.
News For YELP;YHOO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
September 3, 2015
04:46 EDTYHOOStocks with implied volatility movement; YHOO CHK
Subscribe for More Information
September 2, 2015
16:15 EDTYHOOYahoo completes Polyvore acquisition
Subscribe for More Information
10:20 EDTYHOOYahoo calls active
Subscribe for More Information
10:10 EDTYHOORumor: Yahoo active on renewed takeover chatter
Subscribe for More Information
September 1, 2015
16:19 EDTYELPYelp calls active
Yelp September weekly 24.5 and September 28 calls are active on total call volume of 4K contracts (1K puts). September weekly call option implied volatility is at 76, September is at 66, October is at 60; compared to its 52-week range of 38 to 82. Active call volume suggests traders taking positions for price movement.
13:27 EDTYELPYelp may be attractive to TripAdvisor, Google, FT says
Subscribe for More Information
10:49 EDTYHOOYahoo CEO Marissa Mayer announces pregnancy, plans limited time off
Subscribe for More Information
August 31, 2015
12:04 EDTYHOOStocks with call strike movement; BABA YHOO
Subscribe for More Information
August 30, 2015
21:03 EDTYELPGoogle adds home service professionals to search results, WSJ says
Subscribe for More Information
August 27, 2015
10:00 EDTYELPOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
06:33 EDTYHOOYahoo announces Tumblr sharing tools at Mobile Developer Conference
Subscribe for More Information
06:08 EDTYELPYelp upgraded to Neutral from Sell at B. Riley
As previously reported, B. Riley upgraded Yelp to Neutral from Sell and a $22 price target on shares. The firm upgraded shares due to valuation and reasonable guidance.
05:19 EDTYELPYelp upgraded to Neutral from Sell at B. Riley
August 25, 2015
09:13 EDTYELPTrends still positive for Google, Amazon, Facebook ahead of holidays, says Baird
Subscribe for More Information
06:13 EDTYHOOThird Point, FTC settle over antitrust filings for 2011 Yahoo stake
Three affiliated hedge fund companies and their management company, Third Point LLC, have agreed to settle Federal Trade Commission charges that they violated premerger reporting laws in connection with their 2011 acquisitions of stock in Yahoo! Inc. The complaint alleges that Third Point Partners Qualified L.P., Third Point Ultra, LTD, and Third Point Offshore Fund, LTD failed to observe the filing and waiting requirements of the Hart-Scott-Rodino Act before purchasing shares in Yahoo. According to the complaint, the three defendant funds claimed that they were exempt from reporting to the U.S. antitrust authorities because the purchases were made solely for investment purposes. At the time of the stock purchases, however, defendant Third Point LLC, which made investment decisions on behalf of the funds, was taking actions inconsistent with an investment-only intent, such as communicating with third parties to determine their interest in becoming the CEO or a board candidate of Yahoo. Under the terms of the proposed stipulated five-year federal court order, the defendants are prohibited from relying on the investment-only exemption if they have contacted third parties to gauge their interest in joining the board of the target company, communicated with the target company about proposed candidates for its board, or engaged in other specified conduct in the four months prior to acquiring voting securities above the HSR Act threshold. In this case, the agencies determined not to seek civil penalties based on several factors, including that the violation was inadvertent and short-lived, and this was the defendants' first violation of the HSR Act.

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use