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Stock Market & Financial Investment News

News Breaks
March 4, 2014
08:59 EDTYHOOYahoo more focused on revenue growth, says JMP Securities
After meeting with Yahoo's CFO, JMP Securities believes the company has become more focused on growing its revenue. The firm thinks the company has several likely revenue drivers. It is more upbeat about the company's outlook following its meeting with the CFO, but keeps a Market Perform rating on the shares.
News For YHOO From The Last 14 Days
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December 17, 2014
13:44 EDTYHOOYahoo holders continue push for AOL merger, NY Times reports
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December 11, 2014
10:17 EDTYHOOCiti upbeat on Google in face of pending Apple decision on Safari
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08:09 EDTYHOOGoogle shares pricing in loss of Apple search deal, says Citigroup
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December 5, 2014
16:36 EDTYHOOOn The Fly: Closing Wrap
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12:50 EDTYHOOOn The Fly: Midday Wrap
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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
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09:36 EDTYHOOActive equity options trading
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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
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