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Yahoo (YHOO) -4.4% AH after releasing its Q2 10-Q, which suggests new CEO Marissa Mayer is...

Yahoo (YHOO) -4.4% AH after releasing its Q2 10-Q, which suggests new CEO Marissa Mayer is reviewing the company's capital allocation strategy. That could lead to the pulling of the $5.5B stock buyback program tied to Alibaba's $7.1B repurchase of half of Yahoo's 40% stake. Dan Loeb, who supported Mayer's hiring, can't be happy about this. The WSJ reported yesterday Mayer is looking to make acquisitions.
Comments (5)
  • Whitehawk
    , contributor
    Comments (3129) | Send Message
     
    Acquisitions that benefit insiders and their outside peers...
    9 Aug 2012, 04:57 PM Reply Like
  • stocktrend
    , contributor
    Comments (10) | Send Message
     
    Well said think market overreacting
    9 Aug 2012, 05:21 PM Reply Like
  • montanamark
    , contributor
    Comments (1434) | Send Message
     
    but but they got new paint and she is giving free food to the employees
    9 Aug 2012, 06:12 PM Reply Like
  • montanamark
    , contributor
    Comments (1434) | Send Message
     
    they could always cut back on the political censorship department
    9 Aug 2012, 06:32 PM Reply Like
  • cibor
    , contributor
    Comments (10) | Send Message
     
    I look at this as an opportunity to buy more stock. I agree with stocktrend - kneejerk reaction to the news, and it's only speculation what will actually happen. Yahoo is still an excellent company, and getting better all the time. I see it as an $18 stock before Christmas!
    9 Aug 2012, 10:32 PM Reply Like
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