Entries tagged "Yahoo Inc."
With Yahoo!'s stock down all day, investors are giving the deal the thumbs-down early.
Yahoo! CEO Carol Bartz's game plan has been to cast off noncore assets with the latest reportedly to make the short list being Yahoo! Games.
If the rumors of Yahoo!'s purchase of Xoopit are true, then it would mark CEO Carol Bartz's first acquisition since taking the helm of the beleaguered Internet company.
Shares of Yahoo! Inc. were down 22% in the premarket as its stockholders braced for a painful day after Microsoft Corp. dropped its bid over the weekend. At roughly 8 a.m., the stock traded around $22.36, while Microsoft shares rose 5.9% to $30.96. However as the opening bell approached, the stock has edged higher. ...
The last formal statements on Microsoft Corp.'s bid for Yahoo! Inc. were at the Microsoft shareholder meeting on Friday by CFO Chris Liddell: Unfortunately, the transaction has been anything but speedy, and has been characterized by what would appear to be unrealistic expectations of value. Our initial offer was extremely generous, more than 100 percent premium of the Yahoo core business. Our view on value is shaped by the long-term value of the company, and we intend to remain disciplined in our approach. The strongest argument that I've heard on why we should increase our bid, simply that we can...
Emerging from a four-day hibernation, the Bulls stampeded out of the gates to triple-digit gains on the DOW, only to slow down and catch its breath in midday Wednesday trading. The gains were buoyed by moderate support from Deal Stocks -- Packeteer Inc. [PKTR], Diebold Inc. [DBD], Yahoo! Corp. [YHOO] and Clear Channel Communications Inc. [CCU]. Overall, advancing stocks outpaced decliners 2-to-1 as the Dow traded up 59.43, .49% to 12,273.23 and the Nasdaq bounced up 16.72, .74% to 2277.0 on Wednesday midday trading. ...
