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Stock Market & Financial Investment News

News Breaks
May 19, 2014
07:52 EDTSFTBF, YHOOYahoo Japan drops plan to buy eAccess from Softbank
On March 27, Yahoo Japan (YHOO) announced in that it would purchase shares of eAccess from SoftBank (SFTBF). However, as a result of in-depth discussions following the announcement, the Board of Directors of Yahoo Japan Corporation decided in a meeting held to cancel the purchase of eAccess shares and conversion to a consolidated subsidiary. After the announcement on March 27, Yahoo Japan Corporation and SoftBank held further in-depth discussions on the mutual use of networks, service design, etc., coming to a deeper mutual understanding of the details of the Transaction. As a result, Yahoo Japan Corporation came to the conclusion that rather than converting eAccess to a consolidated subsidiary and building an infrastructure on its own, it would be better to develop the business by employing the strengths of each company, with Yahoo Japan Corporation responsible for services and eAccess for infrastructure. Consequently, the Transaction has been cancelled. eAccess and WILLCOM, Inc., are still scheduled to merge with an effective date of June 1.
News For YHOO;SFTBF From The Last 14 Days
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March 3, 2015
13:08 EDTYHOOYahoo CFO says focused on growing EBITDA
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13:04 EDTYHOOYahoo focused on making past acquisitions pay off
12:57 EDTYHOOYahoo sees digital video as way of growing buisiness
Comments made by Yahoo CFO Ken Goldman at Morgan Stanley Conference.
07:27 EDTYHOOMorgan Stanley to hold a conference
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06:42 EDTYHOOYahoo volatility at low end historic range
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March 2, 2015
08:29 EDTYHOOMicrosoft reportedly to buy news app for $30M, TechCrunch says
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February 26, 2015
06:22 EDTYHOOYahoo paying very high salaries, Business Insider says
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February 25, 2015
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 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 17, 2015
17:02 EDTYHOOSoros Fund Management gives quarterly update on stakes
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10:35 EDTSFTBFSoftbank reports 32.1% stake in Alibaba
08:11 EDTYHOOSplunk says Yahoo selects Hunk for Hadoop analytics platform
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