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Stock Market & Financial Investment News

News Breaks
January 9, 2013
18:17 EDTYHOOYahoo! November, December traffic on mail, search declines, AllThingsD says
An AllThingsD report that cites data from comScore shows that in November and December, Yahoo! (YHOO) search traffic fell 28% and 24% respectively against last year. The report also says traffic to Yahoo's mail service was down 16% and 12% for the same period. Reference Link
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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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