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Stock Market & Financial Investment News

News Breaks
November 30, 2012
16:48 EDTYHOOYahoo! reports judgement in lawsuit in Mexico
Yahoo! reported that the 49th Civil Court of the Federal District of Mexico City has entered a non-final judgment of U.S. $2.7B against Yahoo! and Yahoo de Mexico, S.A. de C.V. in a lawsuit brought by plaintiffs Worldwide Directories S.A. de C.V. and Ideas Interactivas, S.A. de C.V. Yahoo! believes the plaintiffs' claims are without merit and will vigorously pursue all appeals. The plaintiffs alleged claims of breach of contract, breach of promise, and lost profits arising from contracts related to a yellow pages listings service.
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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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10:54 EDTYHOOMedia buyers upping budgets for FBX, site, search retargeting, eMarketer says
More media buyers are planning to increase their investments in site, search and Facebook Exchange re-targeting, according to eMarketer, citing a survey by media-buying platform Chango. Reference Link
10:01 EDTYHOOYahoo shares hit fresh 52-week high, levels to watch
Analysts are suggesting the company could be a takeover target for Facebook (FB) and that has sent the shares higher this morning to a fresh 52-week high. At the current price of $26.03, resistance is at $26.79, the high of the session. Support is at $25.54.
May 6, 2013
13:52 EDTYHOOYahoo volatility at historic lows as shares near five-year high
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13:37 EDTYHOOYahoo a possible takeover target for Facebook, analyst says
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13:09 EDTYHOOYahoo initiated with a Buy at Tigress Financial
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