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Stock Market & Financial Investment News

News Breaks
October 15, 2012
06:52 EDTYHOOYahoo sales people said to be "adrift", Business Insider reports
Yahoo (YHOO) sales people are said to be "sitting on their hands" and "adrift" as they wait for marching orders, reports Business Insider. Citing unnamed sources, the lack of communication may cost the company $50M-$100M in Q3 and $100M-$200M in Q4. Reference Link
News For YHOO From The Last 14 Days
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May 20, 2013
07:45 EDTYHOOYahoo Tumblr deal won't move needle strategically, says Stifel
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07:05 EDTYHOOJefferies concerned about $1.1B valuation for Tumblr
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06:56 EDTYHOOYahoo 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
14:33 EDTYHOOYahoo board give okay for $1.1B Tumblr purchase, WSJ says
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12:49 EDTYHOOYahoo board to meet Sunday to consider Tumblr acquisition, AllThingsD says
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May 17, 2013
15:04 EDTYHOOYahoo to hold product-related event Monday, CNBC says
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May 16, 2013
19:47 EDTYHOOYahoo in talks with Tumblr, AllThingsD reports
An AllThingsD report that cites sources close to the situation says Yahoo is in serious talks with Tumblr regarding a strategic alliance, or a potential outright buy of the company. The report cites sources that say this isn't the first time Yahoo CEO Marissa Mayer has been interested in Tumblr, saying that since taking over at Yahoo, Mayer has met with Tumblr executives, including founder David Karp. Reference Link
16:25 EDTYHOOYahoo! granted favorable ruling in Mexico City superior court
Yahoo! announced that the Superior Court of Justice for the Federal District in Mexico has granted the company’s appeal and reversed the ruling of the 49th Civil Court of Mexico, which had entered a non-final judgment of $2.75B against Yahoo! and Yahoo! Mexico on November 28, 2012. The appellate decision overturned all monetary awards against Yahoo! and reduced the monetary award against Yahoo! Mexico to $172,500. Yahoo! Mexico was awarded $2.6M in the original judgment, and this award was confirmed by the appellate decision.
12:12 EDTYHOOYahoo in pact to integrate Twitter content on newsfeed
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May 15, 2013
17:09 EDTYHOOGreenlight gives quarterly update on stakes
NEW STAKES: Oil States International (OIS), Hess (HES), Spirit (SPR), IAC/InterActiveCorp (IACI), and Capital Bank (CBF). INCREASED STAKES: Apple (AAPL). DECREASED STAKES: Microsoft (MSFT), Seagate (STX), Delphi (DLPH), CBS (CBS), and Computer Sciences (CSC). LIQUIDATED STAKES: Ensco (ESV), Xerox (XRX), Yahoo (YHOO), NVR (NVR), and Google (GOOG).
16:08 EDTYHOOGoogle sites lead U.S. April searches with 66.5% of searches, comScore says
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May 14, 2013
10:36 EDTYHOOYahoo CFO says 'would go beyond' existing share repurchase authorization
Comment made at the JP Morgan Global Technology, Media and Telecom Conference.
08:39 EDTYHOOYahoo price target raised to $30 from $27 at Goldman
Goldman raised Yahoo estimates to account for Alibaba, continued growth acceleration, and appreciation in Yahoo! Japan shares. The firm rates Yahoo1 Conviction Buy.
07:15 EDTYHOOYahoo price target raised to $30 from $26 at Cantor
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May 11, 2013
14:18 EDTYHOOYahoo acquires mobile gaming company Loki Studios
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May 9, 2013
12:25 EDTYHOOYahoo acquires GoPollGo
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May 8, 2013
08:25 EDTYHOOYahoo price target raised to $30 from $23 at Bernstein
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May 7, 2013
19:26 EDTYHOOYahoo! CEO has met with Hulu executives, AllThingsD says
Yahoo! (YHOO) CEO Marissa Mayer has met with executives at Hulu, a joint venture between Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), according to an AllThingsD report that cites sources that say Yahoo! is "in the process" but has not yet made a formal bid. Reference Link
19:17 EDTYHOOYahoo! wants out of search deal with Microsoft, WSJ reports
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14:06 EDTYHOOYahoo U.S. search revenue guarantee extended by Microsoft
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