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Investors Digest Yahoo's Q4 Results, Potential Spinoff Or Sale
Wednesday, February 3, 2016 - 9:03am | 379Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading lower by 1.5 percent early Wednesday morning following the release of the company's fourth quarter results. Yahoo reported after Tuesday's close that it earned $0.13 per share in the fourth quarter on revenue of $1.273 billion. Wall...
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IRS, Treasury Unlikely To Approve Yahoo's Alibaba Spinoff Anyway
Wednesday, December 9, 2015 - 2:55pm | 449Yahoo! Inc. (NASDAQ: YHOO) said Wednesday in a press release that its board of directors have unanimously "decided to suspend work" on the proposed spinoff of its $31 billion Alibaba Group Holding Ltd (NYSE: BABA) stake. Change Of Plans Instead, Yahoo will be spinning off its core assets,...
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Yahoo To Suspend Alibaba Spin-Off, Explore Other Options
Wednesday, December 9, 2015 - 8:39am | 395Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading higher by 2.5 percent early Wednesday after the company said it has decided to "suspend work" on the previously proposed Alibaba Group Holding Ltd (NYSE: BABA) spin-off. The company will evaluate alternative transaction structures...