Seeking Alpha

Yahoo! Inc. (YHOO)

  • Mar. 7, 2013, 5:26 PM
    Yahoo (YHOO) is working on two "significant" acquisitions to go with 6 small "acqui-hires," says HR/M&A chief Jackie Reses. Thus far, all of Yahoo's acquisitions (I, II, III) in the Marissa Mayer era have been of the latter variety, though Reuters reported last October the company has at least mulled some bigger purchases. Kara Swisher observes Yahoo's improved reputation in the tech world could help it out. One startup exec: "They are no longer complete losers, although Facebook and Google and Apple and Amazon are still cooler."
    | Mar. 7, 2013, 5:26 PM | 3 Comments
  • Mar. 5, 2013, 5:36 PM
    Google (GOOG) is open to expanding its ad partnership with Yahoo (YHOO) to include search ads, says sales chief Nikesh Arora. Of course, regulators might not be so open to the idea. The companies struck a display ad deal last month that covers Google's AdSense Web site ads and AdMob mobile app ads.
    | Mar. 5, 2013, 5:36 PM | 1 Comment
  • Mar. 5, 2013, 8:03 AM
    Yahoo (YHOO) catches another upgrade, this time from Cantor Fitzgerald which lifts to a Buy. "Not holding (its) breath" for great things from Yahoo's core operations, Cantor says stabilization of business, revaluation of Asian assets, and a $1.5B buyback will be enough to drive the stock higher. Shares +1.5% premarket.
    | Mar. 5, 2013, 8:03 AM | Comment!
  • Mar. 4, 2013, 9:44 AM
    Yahoo (YHOO +2.9%) is higher in a down market after Barclays upgrades to Buy, citing the higher valuation of the company's stake in Alibaba and the potential return of cash to shareholders.
    | Mar. 4, 2013, 9:44 AM | 2 Comments
  • Mar. 1, 2013, 2:50 PM
    The release of Yahoo's (YHOO +2.8%) 2012 10-K seems to be giving shares a lift. In the filing, Yahoo assigned a valuation of $822M to its Alibaba preferred shares (just a small part of its 23% stake in the company) as of year's end. That's up from the $800M valuation assigned in Yahoo's Q3 10-Q.
    | Mar. 1, 2013, 2:50 PM | Comment!
  • Feb. 20, 2013, 9:39 AM
    Following months of trials, Yahoo (YHOO +0.6%) has taken the wraps off a huge home page revamp. The new page offers a much more streamlined look, comes with an infinitely scrolling news feed and a slew of personalization options, and enables quick Facebook/Twitter content sharing. Yahoo's home page views were pegged at 4.4B/month last year, making the page a major source of ad revenue. Marissa Mayer suggested at her Goldman conference talk Facebook integration is a priority for Yahoo.
    | Feb. 20, 2013, 9:39 AM | 4 Comments
  • Feb. 18, 2013, 9:16 PM
    Alibaba is the latest firm to challenge Baidu (BIDU): the e-commerce giant, 23%-owned by YHOO, has launched a search engine that encompasses Web, image, news, and (AMAP-powered) map queries. Unlike QIHU, which has grabbed ~10% of the Chinese market since August, Alibaba doesn't have a popular browser to drive traffic, but it does have several popular shopping sites and the eTao shopping engine. The launch comes as top rival 360buy closes a $700M funding round at a reported $7.25B valuation, a possible stepping stone to an IPO.
    | Feb. 18, 2013, 9:16 PM | 5 Comments
  • Feb. 15, 2013, 5:20 PM
    Yahoo (YHOO -0.8%) currently generates just ~$125M/year in mobile revenue, primarily from search ads, Kara Swisher reports. For reference, Yahoo posted 2012 revenue of $4.47B, and Google stated in October its mobile ops (ads + Google Play) are on an $8B/year run rate. Marissa Mayer recently stated Yahoo has 200M monthly mobile users, but many of them rely on iOS apps that aren't monetized. A recent deal with Google's AdMob unit could provide a boost to Yahoo's mobile ad sales. (earlier)
    | Feb. 15, 2013, 5:20 PM | 1 Comment
  • Feb. 15, 2013, 1:30 PM
    Yahoo's (YHOO -0.7%) executive overhaul continues: sources tell Kara Swisher strategy exec Raymond Stern and ad exec Liz Ritzcovan have left. At the same time, advertising/data platforms SVP Scott Burke is now reportedly in charge of Yahoo's ad tech platforms, a priority of Marissa Mayer's. Mayer stated during her Goldman talk Yahoo is making ad tech investments to simplify programmatic buying and self-service ad purchases.
    | Feb. 15, 2013, 1:30 PM | Comment!
  • Feb. 12, 2013, 4:01 PM
    Yahoo (YHOO +1.5%) has 200M monthly mobile users, Marissa Mayer boasts at her Goldman presentation. Of course, a lot of those users are tied to pre-installed iOS apps, which don't feature ads. Mayer suggests Yahoo wants to offer 12-15 mobile apps, but adds it won't invest in maps "because I know from my past life how expensive that is." She sees "opportunities around original programming" (so do many others), thinks the success of Yahoo Sports "needs to be replicated," and insists the Microsoft (MSFT) partnership is healthy, though room for improvement exists. (webcast) (live blog)
    | Feb. 12, 2013, 4:01 PM | 3 Comments
  • Feb. 12, 2013, 2:28 PM
    Yahoo (YHOO +1.7%) continues to snap up mobile/social media startups that strengthen its engineering talent base (and don't cost too much). Its latest target is Propeld, developer of an app (called Alike) that alerts users to nearby locations their "friends" also like, or which might be of interest given a user's preferences. Yahoo shares are higher ahead of Marissa Mayer's 3:30PM ET talk at a Goldman conference (webcast). (prior acquisitions: I, II, III)
    | Feb. 12, 2013, 2:28 PM | Comment!
  • Feb. 7, 2013, 2:23 PM
    Yahoo (YHOO +1.5%) continues trading higher after reaching a display ad deal with Google (GOOG) related to the latter's AdSense and AdMob platforms. An upgrade to Buy from Pivotal Research, which has raised the valuation it assigns to 35%-owned Yahoo Japan, might also be helping. JPMorgan observes Google typically provides AdSense partners with a 68% cut of ad sales, while adding Yahoo's scale gives it "more leverage" than most publishers.
    | Feb. 7, 2013, 2:23 PM | Comment!
  • Feb. 6, 2013, 5:37 PM
    Yahoo (YHOO) +2.3% AH after announcing a non-exclusive display ad deal with Google (GOOG). Targeted Google AdSense Web ads and AdMob mobile ads will be shown on Yahoo properties; Yahoo (given its size) will presumably get a more favorable revenue cut than most Google partners. The deal is a major feather in Google's cap - its display ad ops have been growing quickly, but face tough competition from Facebook and others - and should strengthen its mobile ad leadership. Yahoo search partner Microsoft (MSFT) can't be pleased.
    | Feb. 6, 2013, 5:37 PM | 3 Comments
  • Feb. 2, 2013, 6:30 PM
    Dan Loeb's Third Point LLC sold 11M Yahoo (YHOO) shares on Thursday and Friday, supposedly to keep the firm's stake in the Internet media giant from growing on account of its $5B buyback plan. That leaves Third Point, which supported the buyback plan as well as the hiring of Marissa Mayer, with 62M shares, or a 5.3% stake based on Yahoo's diluted share count at the end of Q4. Yahoo spent $1.5B to repurchase ~80M shares in the quarter - did its 2H12 run-up influence Loeb's move? (previous)
    | Feb. 2, 2013, 6:30 PM | 5 Comments
  • Jan. 29, 2013, 11:08 AM
    Yahoo (YHOO -2.4%) has given up the initial gains it saw following its Q4 EPS beat (fueled by $1.5B worth of buybacks), which was accompanied by somewhat light top-line guidance. Marissa Mayer's earnings call remarks about improving Yahoo's UI, revamping search (previous), and improving the company's reach were generally well-received. But she also admitted big investments will be needed to turn the company around, and that the mobile shift is having some effect on display ad sales.
    | Jan. 29, 2013, 11:08 AM | 1 Comment
  • Jan. 28, 2013, 6:06 PM
    Yahoo's (YHOO) Q4 earnings conference call: Search is an area where the company has lost share in recent years, CEO Marissa Mayer says, and they'll push to regain it, adding that most search innovation ahead will happen at the "user interface level." She says they have small, "nimble" teams working on new products.
    | Jan. 28, 2013, 6:06 PM | Comment!
Company Description
Yahoo! Inc is a technology company. It offers search, content and communication on mobile phone, tablet or desktop.