New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 4, 2012
12:50 EDTYHOOThird Point sends letter to Yahoo! board
Third Point LLC, owners of 5.8% of Yahoo! shares, sent the following letter today to the Yahoo! board of directors: " Yahoo!'s initial response yesterday to Third Point's identification of material inaccuracies in both CEO Scott Thompson's and Director Patti Hart's educational record was insulting to shareholders. We assume that these initial statements were attributable to Mr. Thompson and were not made with the Board's approval. While we appreciate the Board's statement late last night that it would conduct an investigation, unfortunately, for this Board and this Company, it is too little and months too late... Furthermore, Yahoo!'s response "confirming" that Ms. Hart "specialized" in Marketing and Economics, rather than having earned her degree in such subjects (as Ms. Hart has asserted in filings for years) is a similar canard. A "specialty" is not a major. It is not a "minor". We don't know what it is, but we do know that like Mr. Thompson, Ms. Hart has been misrepresenting her actual degree to the investing public for years. Again, we hope that the Board does not accept this feeble attempt at "spin" as a justification for Ms. Hart's misrepresentations... Third Point, Yahoo!'s largest outside shareholder with over $1 billion invested, called yesterday for an immediate investigation if our assertions were true. The Board appears to have acceded to this demand. Its response must be swift and decisive. Finally, we urge the Board to stop wasting valuable company resources and drop its resistance to placing the Third Point nominees on the Board. We are prepared to join immediately. Once on the Board, our first tasks will be to work with the remaining Board members to find Yahoo! a new leader with the qualifications and integrity to lead the Company and install best practices of corporate governance. The Company can ill afford to continue this misguided fight with its largest outside shareholder while it has so many other fires to put out. There has been enough damage already."
News For YHOO From The Last 14 Days
Check below for free stories on YHOO the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 27, 2014
15:12 EDTYHOOAlibaba growth re-acceleration positive for Yahoo, says Cantor
Subscribe for More Information
10:42 EDTYHOOAlibaba eyes September 23 as 'likely' IPO date, FBN says
Alibaba is eying September 23 as the "likely" IPO date, according to a tweet from Fox Business News, citing people familiar with the matter. Reference Link
10:03 EDTYHOOYahoo September volatility elevated
Yahoo August weekly call option implied volatility is at 32, September weekly calls are at 26, September is at 46, November is at 45, January is at 37; compared to its 26-week average of 34 according to Track Data, suggesting large September price movement.
10:02 EDTYHOOActive equity options trading on open
Subscribe for More Information
August 26, 2014
06:24 EDTYHOOYahoo September volatility elevated
Subscribe for More Information
August 25, 2014
16:04 EDTYHOOCriteo names Mollie Spilman as Chief Revenue Officer
Criteo (CRTO) appointed Mollie Spilman as Chief Revenue Officer. Spilman will lead all commercial operations globally reporting to CEO Eric Eichmann and will be based in the New York office. Mollie joins Criteo from Millennial Media (MM) where she served as EVP, Global Sales and Operations. Prior to this she was CMO at Yahoo! (YHOO).
August 22, 2014
18:28 EDTYHOOAlibaba to begin selling used cars, Nikkei reports
Chinese e-commerce giant Alibaba plans to work with major dealership China Grand Automotive Services to sell used cars, Nikkei reports. Reference Link
05:28 EDTYHOOSoftbank capital raise could be used for acquisitions, Bloomberg says
Subscribe for More Information
August 20, 2014
12:11 EDTYHOOStocks with call strike movement; UAL YHOO
United Continental (UAL) December 55 call option implied volatility decreased 3% to 42, Yahoo (YHOO) November 45 call option implied volatility increased 2% to 42 according to IVolatility.
11:49 EDTYHOOBofA/Merrill telecom services analysts hold an analyst/industry conference call
Analysts discuss the upcoming IPO of Alibaba, which is expected to launch early September 2014, on an Analyst/Industry conference call to be held on August 21 at 8 am.
August 19, 2014
05:48 EDTYHOOStocks with implied volatility movement; AEO YHOO
Subscribe for More Information
August 18, 2014
06:23 EDTYHOOYahoo acquires Israel-based ad startup ClarityRay, terms not disclosed
Israel-based ad startup ClarityRay announced on its website that it has been acquired by Yahoo. Terms of the deal have not been disclosed. Reference Link
August 15, 2014
06:24 EDTYHOOYahoo introduces Yahoo Stores
Subscribe for More Information
August 13, 2014
12:00 EDTYHOOStocks with call strike movement; YHOO FB
Yahoo (YHOO) January 42 call option implied volatility decreased 2% to 39, Facebook (FB) December 82.5 call option implied volatility decreased 3% to 35 according to IVolatility.
09:15 EDTYHOOOn The Fly: Pre-market Movers
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use