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Yahoo's CEO Mayer's Spending Spree Has 'No End In Sight'
Monday, January 11, 2016 - 11:49am | 217According to the New York Post, Yahoo! Inc. (NASDAQ: YHOO) is planning on spending $3 billion to "bolster" its "struggling" web content portfolio. The New York Post, citing "sources close to the company," reported that the "spending spree" could "...
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Yahoo's Video Ambitions 'All But Dead'
Tuesday, January 5, 2016 - 9:53am | 237A report from Variety said that Yahoo! Inc. (NASDAQ: YHOO) has decided to shut down its online video segment, Yahoo Screen. Variety noted that Screen livestreamed an NFL game in October, offered clips of "Saturday Night Live," and aired the TV series "Community." Yahoo...
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Hedge Fund Manager: Yahoo Partying Like 1999, But Core Business In 'Stomach-Churning Nose Dive'
Tuesday, December 22, 2015 - 12:08pm | 235Eric Jackson is the managing director of SpringOwl Asset Management, a hedge fund that holds a stake in Yahoo! Inc. (NASDAQ: YHOO) Jackson recently released a 99 page presentation outlining his plan to cut Yahoo's workforce by 75 percent and replace its CEO Marissa Mayer with a more operations-...
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Yahoo And NBC Renew Sports Alliance
Monday, December 21, 2015 - 12:23pm | 199Yahoo! Inc. (NASDAQ: YHOO) and Comcast Corporation (NASDAQ: CMCSA)'s NBC Sports Group on Monday announced they have agreed to renew their partnership. As part of the agreement, the two companies collaborated together to deliver content on Yahoo Sports. Specifically, NBC provided video...
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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...
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Vetr Crowd Downgrades Yahoo, Also Dislikes Alibaba
Thursday, December 3, 2015 - 1:44pm | 403After gaining more than 5 percent on Wednesday, shares of Yahoo! Inc. (NASDAQ: YHOO) were lower by more than 1 percent by late Thursday morning. As Yahoo's Board of Directors convene to discuss strategic alternatives, the Vetr crowd has turned bearish on the stock. The Vetr crowd...
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Report: Alibaba Is Not Interested In Yahoo's Core Internet Business
Thursday, December 3, 2015 - 9:21am | 385Media publications reported on Wednesday that Yahoo! Inc. (NASDAQ: YHOO)'s board of directors will convene to discuss a potential sale of the company's core Internet business. Given Yahoo's $30 billion ownership stake in Alibaba Group Holding Ltd (NYSE: BABA), some investors speculated that...
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Bob Peck Highlights Three Investor Concerns On Yahoo: 'Core, Taxes, Management'
Friday, November 13, 2015 - 9:34am | 329Shares of Yahoo! Inc. (NASDAQ: YHOO) have lost more than 30 percent over the past year. Bob Peck of SunTrust Robinson Humphrey maintained a Buy rating and $40 price target on Yahoo's stock. Peck noted three ongoing concerns: core turnaround progress, tax issues with an Alibaba Group...
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Yahoo Scores Touchdown With NFL's Live-Streamed London Game
Monday, October 26, 2015 - 11:51am | 486Yahoo! Inc. (NASDAQ: YHOO) offered a live stream of Sunday's NFL game featuring the Jacksonville Jaguars and the Buffalo Bills. Yahoo's streaming offering attracted 15.2 million unique viewers, 33 percent of which were international users. Yahoo partnered with more than 30 top...
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Can Yahoo Bounce Back? Wall Street Experts Share Their Opinions
Wednesday, October 21, 2015 - 3:20pm | 1350Shares of Yahoo! Inc. (NASDAQ: YHOO) extended its decline Wednesday morning and were lower by nearly five percent before noon. Yahoo reported a worse than expected third quarter loss on Tuesday along with a disappointing guidance and outlook. With expectations over Yahoo's outlook...
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B. Riley Warns Yahoo Resets Could Lead To Year Of Negative Growth
Wednesday, October 21, 2015 - 8:54am | 300Shares of Yahoo! Inc. (NASDAQ: YHOO) were trading lower by nearly 2 percent during Wednesday's pre-market session following its third-quarter print. Sameet Sinha of B. Riley downgraded Yahoo to Neutral from Buy with a price target slashed to $35 from a previous $50. Sinha cited Yahoo...
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Chipotle, Yahoo Headline Post-Bell Earnings
Tuesday, October 20, 2015 - 3:21pm | 893Chipotle Mexican Grill, Inc. (NYSE: CMG), one of many restaurant and food service stocks facing a pork shortage in Q3, could report leaner sales growth when the restaurant chain reports results after the market closes Tuesday. Why so painful? Carnitas are the chain’s most popular, and a...
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Bob Peck Says Pressure At Yahoo Mounting, Notes Report Of Two More Key Executives Leaving
Monday, October 19, 2015 - 11:44am | 403Shares of Yahoo! Inc. (NASDAQ: YHOO) have lost nearly 35 percent year-to-date. Bob Peck of SunTrust Robinson Humphrey commented in a note that "quality executives" continue to leave the company. Peck added that attracting and maintaining key executives has been "the heart...
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Social Media Pair Trade: Susquehanna Starts Yahoo & Facebook At Positive, Twitter & Yelp At Neutral
Tuesday, August 11, 2015 - 12:42pm | 654In various reports published Tuesday, Susquehanna analyst Shyam Patil initiated coverage of various social media companies. Patil initiated coverage of Facebook Inc (NASDAQ: FB) and Yahoo! Inc. (NASDAQ: YHOO) with "Positive" ratings while shares of Twitter Inc (NYSE: TWTR) and Yelp...
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Should Twitter Hire Marissa Mayer As Its New CEO?
Wednesday, July 22, 2015 - 2:35pm | 440Marissa Mayer is frequently criticized for her performance as the CEO of Yahoo! Inc. (NASDAQ: YHOO), but could she do better at another firm? Twitter Inc (NYSE: TWTR) has been on the hunt for a new CEO ever since Dick Costolo announced his resignation. Jack Dorsey, co-founder of Twitter, took...