Yahoo (YHOO) -4.2% after its 10-Q bombshell, which suggests CEO Marissa Mayer might prefer to...

|By:, SA News Editor

Yahoo (YHOO) -4.2% after its 10-Q bombshell, which suggests CEO Marissa Mayer might prefer to use some of the Alibaba proceeds to buy companies rather than Yahoo shares. The Street isn't pleased - BofA is downgrading to Hold - but Nicholas Carlson considers it necessary, given Yahoo's competitive woes and need for talent. He thinks popular (and richly-valued) names such as Yelp (YELP - a company Mayer wanted Google to buy), Pinterest, Quora, and Vimeo could be in play.