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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
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February 25, 2015
18:24 EDTYELPOn The Fly: After Hours Movers
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16:21 EDTYELPYelp initiated with an Overweight at Morgan Stanley
Target $62.
15:03 EDTYHOOYahoo paying very high salaries, Business Insider says
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10:29 EDTYHOOYahoo management 'seems open' to Yahoo Japan options, dealReporter says
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February 24, 2015
06:41 EDTYHOOYahoo executive questions NSA director over spying, WSJ says
Yahoo Chief Information-Security Officer Alex Stamos questioned NSA director Admiral Mike Rogers at a Washington summit about the extent of U.S. government spying, reports the Wall Street Journal, citing transcripts of the event. Stamos stated "It sounds like [the NSA and FBI want a backdoor into] our products," to which Admiral Rogers did not directly respond. Rogers stated he believes it is legally feasible to allow the NSA to access encrypted information from U.S. companies. Reference Link
February 23, 2015
06:21 EDTYHOOFacebook's shuttle drivers approve new union contract, WSJ reports
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February 20, 2015
09:49 EDTYELPYelp initiated with a Buy at Rosenblatt
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08:34 EDTYELPYelp suing companies over fake positive reviews, NY Post says
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February 19, 2015
14:46 EDTYHOOcomScore announces global integration with Flurry from Yahoo
comScore (SCOR announced an integration with Flurry through Yahoo's (YHOO) Flurry Pulse solution, which will enable Flurry clients to streamline application tagging required for unified measurement in comScore Mobile Metrix and Media Metrix Multi-Platform. The beta period for this integration is expected to begin in the second quarter of 2015.
14:43 EDTYHOOYahoo announces new Mobile Developer Suite
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14:38 EDTYHOOYahoo says now has 575M monthly active app users
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14:22 EDTYHOOYahoo says now has access to 1.6B devices through Flurry
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13:57 EDTYHOOYahoo now third largest mobile ad company with 2014 mobile revenue of $1.2B
Comment was made by Yahoo CEO Marissa Mayer at the Yahoo Mobile Developer Conference.
February 18, 2015
15:15 EDTYELPAngie's List could be more attractive to buyers given traction, says Barrington
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06:06 EDTYELPYelp implied volatility of 44 at lower end of index mean range
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February 17, 2015
17:02 EDTYHOOSoros Fund Management gives quarterly update on stakes
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08:11 EDTYHOOSplunk says Yahoo selects Hunk for Hadoop analytics platform
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February 13, 2015
06:22 EDTYHOOYahoo volatility at low end of one-year range
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06:13 EDTYHOOYahoo expected to cut up to 200 employees, primarily in Canada, WSJ reports
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February 12, 2015
10:32 EDTYELPOptions with decreasing implied volatility
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