Yahoo (YHOO -0.2%) does an about-face, moving towards breakeven following a revenue miss driven by slumping ad prices. An upgrade to Buy from BofA/Merrill isn't hurting; the firm touts the value of Yahoo's Asian assets. While discussing the report, the WSJ noted talks with Madison Ave. execs indicate their spending on Yahoo "is the same or lower than it was a year ago," as they wait for a promised turnaround and additional clarity on Yahoo's strategy. Yahoo bull Eric Jackson: "This is honestly like watching Amazon trade a day after "terrible" earnings."
Yahoo (YHOO -0.2%) does an about-face, moving towards breakeven following a revenue miss driven...
From other sites
Video at CNBC.com (Wed, 6:35AM)
Video at CNBC.com (Aug 5, 2016)
Video at CNBC.com (Aug 2, 2016)
Video at CNBC.com (Aug 1, 2016)
Video at CNBC.com (Jul 26, 2016)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs