New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 13, 2012
13:21 EDTYHOOYahoo! confirms Max Levchin added to Board of Directors
Yahoo! announced that Max Levchin has been appointed to its board of directors, effective immediately. Levchin is a computer scientist, serial entrepreneur and angel investor with extensive experience building enduring Internet companies. His latest undertaking, HVF, is focused on solving big problems and improving lives by extracting insights from the vast quantities of data around us. Prior to founding HVF, Levchin served as vice president of engineering at Google after its acquisition of Slide, an early developer of social applications which he founded and ran. Levchin incubated and was the first investor in Yelp. A graduate of the University of Illinois in Champaign-Urbana, he was one of the co-founders of PayPal as well as the company's CTO, from founding through its acquisition by eBay. Levchin also serves as chairman of the boards at Kaggle and Yelp and is a director at Evernote.
News For YHOO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
December 17, 2014
13:44 EDTYHOOYahoo holders continue push for AOL merger, NY Times reports
Subscribe for More Information
December 11, 2014
10:17 EDTYHOOCiti upbeat on Google in face of pending Apple decision on Safari
Subscribe for More Information
08:09 EDTYHOOGoogle shares pricing in loss of Apple search deal, says Citigroup
Subscribe for More Information
December 5, 2014
16:36 EDTYHOOOn The Fly: Closing Wrap
Subscribe for More Information
12:50 EDTYHOOOn The Fly: Midday Wrap
Subscribe for More Information
10:20 EDTYHOOYahoo rises, Google falls after BofA changes ratings on both
Shares of Yahoo (YHOO) are rising and Google's (GOOG, GOOGL) stock is falling after Bank of America Merrill Lynch upgraded Yahoo and downgraded Google. WHAT'S NEW: Bank of America analyst Justin Post upgraded his rating on Yahoo to Buy from Neutral. Post said he had previously not expected to obtain information about Yahoo's strategy for avoiding taxes on the sale of its stake in Chinese e-commerce giant Alibaba (BABA) at least until well into 2015. However, Yahoo's CFO recently stated that the company continued to be optimistic that it would be able to cut its tax bill and added that the company would divulge its plans for doing so during its next earnings conference call. Yahoo's next earnings conference call is expected to take place by the end of next month, Post noted. He set a $62 price target on Yahoo shares. Meanwhile, Post downgraded Google to Neutral from Buy. The analyst thinks the company is facing several headwinds, including the maturity of its search business, a lack of products that can provide catalysts, and margin pressures as it invests in competitive businesses. As a result of these headwinds, Google's results are likely to be below expectations, Post believes. Meanwhile, the company is also facing increased regulatory risk, particularly in the EU, and increased competition from Facebook (FB) and other social networks. He trimmed his price target on Google to $580 from $600. PRICE ACTION: In early trading, Yahoo climbed 1% to $50.94, while Google class A shares declined 1.5% to $534.33.
10:00 EDTYHOOOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:36 EDTYHOOActive equity options trading
Subscribe for More Information
08:55 EDTYHOOYahoo seen overtaking Twitter in U.S. mobile ad market share, WSJ reports
Research firm eMarketer predicts Google (GOOG, GOOGL) and Facebook (FB) will account for about 35% and 17%, respectively, of the U.S. mobile ad market in 2015, but the firm also expects Yahoo (YHOO) will edge past Twitter (TWTR) in terms of mobile ad revenue, with projected market shares of 3.74% and 3.69%, respectively, reported The Wall Street Journal. Reference Link
07:43 EDTYHOOFollow-up: Yahoo upgraded at BofA/Merrill
As previously reported, BofA/Merrill upgraded Yahoo (YHOO) to Buy from Neutral. The firm upgraded shares based on increased optimism for a Alibaba (BABA) tax solution and a slight improvement in the core business outlook. Price target raised to $62 from $55.
07:28 EDTYHOOYahoo upgraded to Buy from Neutral at BofA/Merrill
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