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#PreMarket Primer: Thursday, May 8: Yellen Says Economy On The Upswing, But Housing Markets Still A Concern
Thursday, May 8, 2014 - 6:42am | 1284Read More...In her testimony before Congress’ Joint Economic Committee, Federal Reserve Bank Chair Janet Yellen took a reassuring tone and said that the US economy was back on track after a harsh winter. Yellen said the bank has seen business activity improve following the nation’s first quarter figures,...
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Market Wrap For April 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080Read More...U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...
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For Retail Gains, Go East, Young Investor!
Friday, April 4, 2014 - 10:27am | 544Read More...The most recent Fortune magazine has a great article on the collapse of JC Penney (NYSE: JCP). Along these lines, many have been written about the decline of SearsHolding (NASDAQ: SHLD), too. While Amazon (NASDAQ: AMZN) has certainly done damage, there has been a shift in consumer growth:...
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Not Just Twitter: Another IPO Could Jolt These ETFs
Monday, September 16, 2013 - 1:39pm | 1017Read More...One of the bigger, recent news items pertaining to the Internet sectors were last week's reports that social media firm Twitter has filed plans for an initial public offering. Although Twitter may currently have less than $1 billion in annual revenue, estimates for the company's post-IPO...
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Alibaba Buys Back Half of Yahoo! Stake
Tuesday, September 18, 2012 - 3:03pm | 237Read More...On Tuesday, China's Alibaba Group said that it had bought back around half of the stake that U.S. internet company Yahoo! (NASDAQ: YHOO) owns in the firm, paying about $7.6 billion. According to Reuters, the deal was completed with the funding support of eight international banks, including...
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For Yahoo, It's Deja Vu. All Over Again.
Thursday, October 20, 2011 - 9:46am | 841Read More...Yogi Berra is famous for his skill with the Yankees, as well as some of his "Yogisms" in which he says nonsensical things that have somehow made their way into pop culture. Now you can apply a "Yogism" to the world of finance. Last night, a tweet from Wall Street Journal reporter Anupreeta Das...
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Is the Chief Yahoo Crazy?
Monday, October 10, 2011 - 1:28pm | 923Read More...There was an article on Reuters over the weekend that former Yahoo! (NASDAQ: YHOO) CEO and co-founder Jerry Yang was looking to buy the company, and take it private. This begs the question: what does the former CEO see in the U.S. operations that no one else does? Yang wants to take the company...
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Is the End of Web 1.0 Around the Corner?
Tuesday, October 4, 2011 - 12:55pm | 621Read More...Over the weekend, we learned that Alibaba CEO Jack Ma had expressed his interest in buying Yahoo (NASDAQ: YHOO), as Yahoo owns 39% of the Chinese Internet company. Today, we got a report that Silver Lake, Alibaba Group, and Russia's Digital Sky Technologies are in serious talks about a potential...
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Hey Ma, What's Up?
Monday, October 3, 2011 - 12:12pm | 779Read More...Last week, it was written that Alibaba CEO Jack Ma could potentially be interested in taking over Yahoo (NASDAQ: YHOO). Over the weekend, Ma confirmed those interests, saying he would be very interested in taking over Yahoo as a whole. As such, shares are higher today, gaining more than 5%, one...
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Did We Learn Who Eventually Takes Over Yahoo?
Wednesday, September 28, 2011 - 12:20pm | 693Read More...Since it was first announced in early September that Yahoo (NASDAQ: YHOO) CEO Carol Bartz was fired, and Third Point's Dan Loeb had acquired a large stake in the company, there have been rumors swirling about who was going to eventually acquire the company. With last night's news that Chinese...
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I Think I'm Turning Chinese, I Think I'm Turning Chinese, I Really Think So
Friday, July 29, 2011 - 11:16am | 702Read More...Shares of Yahoo! (NASDAQ: YHOO) were up this morning on news of a deal between itself, Alibaba Group, and SoftBank over AliPay. In the press release it says: The agreement establishes the following: "The agreement preserves the existing relationship between Taobao and Alipay. Alipay will...
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Yahoo! Moving On Potential Bid
Tuesday, July 5, 2011 - 1:18pm | 52Read More...Yahoo! Inc. (NASDAQ: YHOO) shares are moving on news that Dealreporter has written a story that Microsoft (NASDAQ: MSFT) executives are interested in potentially leaving Microsoft to bid for Yahoo's stakes in Alibaba and Yahoo Japan.
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Yahoo! Stumbles with Asain Assets
Monday, May 16, 2011 - 12:19pm | 271Read More...It wasn't long ago that Yahoo! (NASDAQ: YHOO) CEO Carol Bartz noted on an earnings conference call that she would have some news for investors regarding the Asian assets that the company had long held on its balance sheet. Management gave the impression that a monetization of these assets, which...
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PE Group Approaches Alibaba About Yahoo Bid
Tuesday, November 9, 2010 - 6:13am | 207Read More...A group of private equity investors has reportedly contacted Alibaba founder Jack Ma about joining a bid to acquire Yahoo (Nasdaq: YHOO), the second-largest U.S. Internet search engine. California-based Yahoo owns 40% of Alibaba, China's largest e-commerce company, but the two firms have had an...
