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Bank Of America Reports Yahoo! And Alibaba Relationship Hits New Low
Friday, May 13, 2011 - 7:31am | 145Read More...According to Bank of America, Yahoo! (NASDAQ: YHOO) relationship with Alibaba has hit a new low. Bank of America said that Yahoo issued a follow on release (expanding on its recent 10-Q disclosure) that it was notified on March 31 that the Alibaba Group transferred ownership of Alipay, an online...
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Jefferies Maintains Buy Rating On Yahoo!
Thursday, May 12, 2011 - 7:27am | 95Read More...According to Jefferies, Yahoo! (NASDAQ: YHOO) Buy rating is maintained. Jefferies said that Yahoo! filed its 1Q11 10-Q filing disclosing that it had transferred ownership of Alipay.com to a private Chinese company with majority ownership by Jack Ma for a quid pro quo that was still being...
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Deutsche Bank Raises PT On Yahoo! To $16
Wednesday, April 20, 2011 - 6:07am | 26Read More...Deutsche Bank has raised the price target on Yahoo! (NASDAQ: YHOO) from $14 to $16 and maintains its Hold rating.
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Benchmark Raises Yahoo! Price Target To $18
Tuesday, March 22, 2011 - 9:46am | 94Read More...In a report published by Benchmark, Yahoo!'s (NASDAQ: YHOO) is raised to $18 on Asian growth. Benchmark said that Yahoo's revenue growth remains stalled. “But it is consistently generating, and should grow, cash flow. Yahoo's Asian investments are growing rapidly and comparables garner high...
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Goldman Sachs Comments on Yahoo!'s 10-K Disclosures
Wednesday, March 9, 2011 - 9:39am | 165Read More...In a report published by Goldman Sachs, Yahoo!'s (NASDAQ: YHOO) 10-K disclosures suggest Alibaba Group grew revenue 138% YoY. Goldman Sachs said that Yahoo! filed its 10-K on February 28, 2011, disclosing operating results for Alibaba Group, which Yahoo! recognizes one quarter in arrears. “In...
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Deutsche Bank Raises PT On Yahoo! To $14
Wednesday, January 26, 2011 - 8:15am | 27Read More...Deutsche Bank has raised the price target on Yahoo! Inc. (NASDAQ: YHOO) from $13.50 to $14 and maintains its Hold rating.
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Yahoo To Lay Off 20% of Workforce? (YHOO)
Thursday, November 11, 2010 - 7:09pm | 111Read More...Yahoo (NASDAQ: YHOO) set to lay off 20% of staff according to Techcrunch.com. The rumor of the layoffs started circulating after the close of trading Wednesday November 11th. Apparently 2,500 could be affected by the layoffs near term as there are currently 14,100 people employed by yahoo around...
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Yahoo! Inc. Posts Disappointing Revenue Results
Wednesday, July 21, 2010 - 9:03am | 109Read More...According to Benchmark, Yahoo! Inc. (NASDAQ: YHOO) has reported soft 2Q results due to a slowdown by large advertisers in June and low operating income before depreciation and amortization, which is down 11% y/y. Benchmark has reduced its estimates and dropped the price target from $18 to $16 per...
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Zynga Games to Be Integrated into Yahoo! (YHOO)
Wednesday, May 26, 2010 - 11:28am | 100Read More..."Yahoo! Inc. (Nasdaq: YHOO), today announced a partnership with Zynga that will integrate Zynga’s popular social games through Yahoo!’s global network. The partnership enables Zynga games to reach more than 600 million people worldwide across Yahoo!, giving them access to new and deeper ways to...
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Facebook Ends Microsoft (MSFT) Banner Ad Deal
Saturday, February 6, 2010 - 4:23pm | 227Read More...Privately held Facebook has ended its deal with Microsoft Corporation (Nasdaq: MSFT) that had Microsoft providing the banner ads that were displayed on Facebook. Although the deal was supposed to run until 2011, the two companies did not disclose whether or not Facebook would compensate Microsoft...
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Yahoo (YHOO) Streamlines Operations With HotJobs Sale
Wednesday, February 3, 2010 - 6:43pm | 286Read More...The sale of Yahoo! Inc.'s (Nasdaq: YHOO) HotJobs jobs listing website to Monster Worldwide, Inc. (NYSE: MWW), the owner of Monster.com, for $225 million is part of the company's ongoing strategy of streamlining its operations. Yahoo has gone through a great deal of turmoil over the last few years...
