News Breaks |
|
|
| February 20, 2013 |
| 08:07 EDT |  | YHOO, FB | Yahoo to introduce new home page, WSJ reports
Yahoo (YHOO) will unveil a much-awaited overhaul to its iconic home page today, as CEO Marissa Mayer looks to change the decline in the time people spend on many of its sites, reports the Wall Street Journal. The page has a stronger emphasis on tailoring the news articles and other content to individual visitors’ personal interests, and is in part based on their Facebook (FB) accounts.Reference Link |
|
|
News For YHOO;FB From The Last 14 Days Check below for free stories on YHOO;FB the last two weeks. |
|
|
| May 20, 2013 |
| 17:49 EDT | | YHOO | Yahoo CEO announces new office in NY, 1TB of free space on Flickr, AllThingsD says
Yahoo CEO, Marissa Mayer and NYC Mayor Michael Bloomberg announced, in a joint press conference, that Yahoo has a new office in the old New York Times building in Times Square, reports AllThingsD. Mayer also announced that Flickr users will have a free terabyte of storage space, the website added. Reference Link |
|
| 16:22 EDT |  | YHOO | On The Fly: Closing Wrap
 Subscribe for More Information |
|
| 13:06 EDT | | YHOO | On The Fly: Midday Wrap
Stocks on Wall Street were modestly higher at midday as the Dow and S&P seek to continue their march higher after closing last week at record levels. ECONOMIC EVENTS: In the U.S., the light domestic economic calendar included the Chicago Fed National Activity index, which slipped to -0.53 for April from its prior reading of -0.23. In Asia, the Hang Seng and Shanghai Composite both climbed after Chinese home prices were reported to have risen in April. COMPANY NEWS: Yahoo (YHOO) confirmed it is buying social media platform Tumblr for $1.1B, as widely reported over the weekend, and promised "not to screw it up" in its press release to announce the deal... Actavis (ACT) agreed to acquire Warner Chilcott (WCRX) in a stock-for-stock transaction valued at approximately $8.5B. The deal, which was approved by the boards of both companies, equates to a value of $20.08 per Warner Chilcott share based on Actavis' closing share price on Friday, the companies said. MAJOR MOVERS: Among the notable gainers were some other companies with M&A news: Acquity Group (AQ) shares more than doubled after Accenture (ACN) agreed to buy the company for $13.00 per American Depositary Share, and Pactera Technology (PACT) gained 31% after receiving a non-binding proposal from a Blackstone (BX) affiliate to be taken private for $7.50 per ADS. Among the noteworthy losers was XenoPort (XNPT), which fell 11% after one of its drugs failed in a Phase III trial for multiple sclerosis spasticity. Also lower were shares of Red Hat (RHT), which slid 4% following a downgrade to Market Perform at BMO Capital. INDICES: Near 1 pm ET, the Dow was up 13.67, or 0.09%, to 15,368.07; the Nasdaq was up 1.13, or 0.03%, to 3,500.10; and the S&P 500 was up 2.18, or 0.13%, to 1,669.65. |
|
| 11:21 EDT |  | YHOO | Yahoo acquisition a step in right direction, says Piper Jaffray
Piper views Yahoo's acquisition of Tumblr as a step in the right direction and one that could increase the company's top line growth from its current 1% estimate to 2% in 2013 and from 5% to 8% in 2014. However, Piper feels the deal is too small to materially change Yahoo's growth rate and continues to view the Alibaba IPO as the biggest part of the Yahoo story. The firm raised its price target for shares to $27 from $21 and keeps a Neutral rating on the name. |
|
| 10:52 EDT |  | FB | Facebook near session lows, levels to watch
The stock is drifting lower today, nearing session lows at $25.73. At that price, next support is at $25.33, the 1-month low. Resistance is at $26.25. |
|
| 10:03 EDT |  | YHOO | Yahoo hosted a conference call
Conference call was held to discuss the acquisition of Tumblr on May 20 at 9 am and has a replay available from 11 am on May 20 through May 26. Webcast Link |
|
| 09:26 EDT |  | YHOO | On The Fly: Pre-market Movers
Subscribe for More Information |
|
| 08:23 EDT | | YHOO | Yahoo shares slip on Tumblr purchase, levels to watch
The shares are down just over 1% after the company agreed to purchase Tumblr in a deal valued at $1.1 billion. At the current share price of $26.25, next support is at $25.55. Resistance is at $26.66, a prior pivot high. |
|
| 08:03 EDT | | YHOO | Yahoo confirms plan to acquire Tumblr for $1.1B
Subscribe for More Information |
|
| 08:01 EDT | | YHOO | Yahoo confirms plan to acquire Tumblr for $1.1B
|
| |
| 07:45 EDT | | YHOO | Yahoo Tumblr deal won't move needle strategically, says Stifel
Subscribe for More Information |
|
| 07:05 EDT | | YHOO | Jefferies concerned about $1.1B valuation for Tumblr
Subscribe for More Information |
|
| 07:00 EDT | | FB | New Facebook projects probably won't bear fruit soon, AllThingsD says
Subscribe for More Information |
|
| 06:56 EDT |  | YHOO | Yahoo volatility flat into expected acquisition of Tumblr for $1.1B
Yahoo overall option implied volatility of 29 is near its 26-week average of 28 according to Track Data, suggesting non-directional price movement into the media reports of the acquisition of blogging startup Tumblr for $1.1B in cash. |
|
| May 19, 2013 |
| 17:10 EDT | | FB | Facebook's Waze deal being held up by move from Israel, NY Post says
Facebook’s negotiations to buy mapping firm Waze are being held up as founders of Waze, based in Israel, are holding out for more money, the NY Post says. Citing sources, the Post says that Waze founders want more money if they are going to be forced to move from Israel to Silicon Valley as part of the deal. Reference Link |
|
| 14:33 EDT | | YHOO | Yahoo board give okay for $1.1B Tumblr purchase, WSJ says
Subscribe for More Information |
|
| 12:49 EDT | | YHOO | Yahoo board to meet Sunday to consider Tumblr acquisition, AllThingsD says
Subscribe for More Information |
|
| May 17, 2013 |
| 15:04 EDT | | YHOO | Yahoo to hold product-related event Monday, CNBC says
Subscribe for More Information |
|
| 06:51 EDT | | FB | Facebook volatility at low end of historic range
Subscribe for More Information |
|
| 06:36 EDT | | FB | Google to add new apps to Google Glass, NY Times says
Subscribe for More Information |
| |
|
|
|
|
