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Yahoo! Inc. (YHOO)

- NASDAQ
  • Dec. 27, 2012, 10:51 AM
    Multiple Chinese sites pass on a rumor (supposedly stemming from an insider) that Alibaba is thinking of floating an IPO in late 2013 or early 2014, and will begin a roadshow in mid-2013. Yahoo (YHOO), which maintains a 23% stake in the Chinese e-commerce/online payments colossus, wouldn't mind that. Alibaba's share repurchase deal with Yahoo valued the company at $35B, and gave it the option to buy back more of Yahoo's stake at IPO time.
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  • Dec. 24, 2012, 12:11 PM
    Facebook (FB +2.2%) and Yahoo (YHOO +1.1%) tick higher after Needham's Laura Martin raises her PTs to $33 and $26, respectively. "If time is money, then FB represents the most valuable property on the Internet today," writes Martin, who (like others) is encouraged by improving mobile monetization and sees new revenue streams providing a lift. She thinks Yahoo's Asian assets are worth $15/share, making its core business undervalued. It wasn't long ago many analysts were quite worried about mobile's impact on Facebook; shares are up ~40% since then.
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  • Dec. 14, 2012, 5:13 PM
    Mobile news reader app Summly may be Yahoo's (YHOO) next acquisition target: several sources tell Kara Swisher Yahoo is conducting due diligence on Summly, created by a 17-year-old British developer and downloaded 500K times in the App Store. The app relies on a language-processing algorithm to summarize news stories into sub-400-character blurbs. Yahoo recently acquired group video chat/webcast platform OntheAir and recommendation app Stamped.
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  • Dec. 13, 2012, 5:56 PM
    AVG Technologies (AVG) +4.4% AH after announcing a deal with Yahoo (YHOO) to integrate the latter's search engine with its AVG Secure Search toolbar, which has inspired plenty of discussion threads from users looking to get rid of it after an unintended install. AVG will presumably be paid traffic acquisition fees from Yahoo.
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  • Dec. 13, 2012, 2:33 PM
    Yahoo (YHOO) confirms it's adding ex-PayPal CTO Max Levchin to its board, and that Intuit's Brad Smith and the Weather Channel's David Kenny are leaving. Levchin is reportedly the fourth board member to be backed by Dan Loeb; Yahoo is likely hoping he can help recruit talent and open the door to additional content and tech partnerships. (earlier)
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  • Dec. 13, 2012, 11:27 AM
    Yahoo (YHOO) is set to announce a board shakeup in the coming days, the NYT reports. "PayPal Mafia" member and former Slide founder Max Levchin will join, while Weather Channel CEO David Kenny and Intuit CEO Brad Smith will leave. Levchin, rumored since October to be a possible board addition, would win Yahoo more Silicon Valley brownie points on top of the ones it received for hiring Marissa Mayer.
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  • Dec. 12, 2012, 6:48 PM
    Yahoo's (YHOO) new Flickr iPhone app is receiving high marks from reviewers. The app features 16 Instagram-like filters (no surprise) and plenty of sharing options to go with support for a number of features previously available only on Flickr's site. Flickr still has a base of devoted users and mountains of valuable photo data, but its photo upload share is a small fraction of what it was before Facebook's rise and years of mismanagement. (Yahoo Mail apps)
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  • Dec. 11, 2012, 10:36 AM
    Scrambling to improve its mobile position, Yahoo (YHOO) has rolled out new mail apps for iOS, Android, and Windows 8, and has also overhauled its Web client. The new apps emphasize simplicity and speed - hallmarks of Marissa Mayer's Google product work. The changes come shortly after Gmail surpassed Yahoo Mail and Hotmail to become the world's most popular PC e-mail service, according to comScore, which also believes Yahoo Mail saw a 16% Y/Y drop in U.S. unique visitors in November. (NBC Sports)
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  • Dec. 10, 2012, 5:54 PM
    New Yahoo (YHOO) COO Henrique De Castro is planning a big overhaul of the Internet giant's ad sales model, sources tell Kara Swisher. Each sales rep will now sell all of Yahoo's ad products, with responsibilities split up along industry verticals (automotive, entertainment, etc.). That's how ex-employer Google does things, but not Yahoo, which splits responsibilities based on region and ad type. Some attrition is expected within Yahoo's sales force, already reported to be feeling neglected in the Marissa Mayer era.
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  • Dec. 10, 2012, 9:18 AM
    Yahoo (YHOO) has inked a content partnership with NBC Sports: NBC will gain access to Yahoo Sports' reporting and fantasy sports platforms; Yahoo will gain access to NBC's live streams and regional content; and the companies will collaborate on original programming and ad sales. Yahoo Sports remains one of Yahoo's most popular properties, and has been battling for years with ESPN for Web sports leadership. (other content deals: I, II)
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  • Dec. 6, 2012, 9:24 AM
    With investors pulling a large chunk of its remaining funds in wake of insider-trading charges, Diamondback Capital - once with $5.8B in assets - is liquidating. Among the firm's top holdings possibly being dumped - YHOO, COF, and AIG are fairly liquid names. But as of its latest 13F - the fund owned nearly 700K shares of Everest Re (RE) - about twice the average daily volume.
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  • Dec. 6, 2012, 8:19 AM
    Worldwide Directories and Ideas Interactivas, the two Mexican companies that won a shock $2.7B award against Yahoo (YHOO) in a dispute over a yellow pages listing service, are willing to settle for less money in order to avoid a long legal battle. However, if Yahoo doesn't agree - and the noises it's making suggest it won't - the companies will "pursue all roads both in Mexico and around the world."
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  • Dec. 4, 2012, 2:40 PM
    Alibaba claims it has sold RMB1T ($161B) worth of goods this year through November via its Taobao marketplace and Tmall.com retail site - that's up 58% from the RMB632B reported for the whole of 2011, and surpassed Amazon and eBay's combined merchandise volume. Alibaba now accounts for a whopping 60% of all delivered Chinese packages - like eBay, it typically takes a cut on transaction sales, rather than handling them itself. Yahoo (YHOO) still owns 23% of Alibaba.
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  • Dec. 4, 2012, 1:24 PM
    In a move that looks squarely aimed at Google+'s Hangouts, Yahoo (YHOO) has acquired OntheAir, a startup whose apps enable group video chats, as well as individual or split-screen webcasts. Expect OntheAir's products to be integrated with Yahoo Messenger, and also find their way onto Yahoo's site. Much like Stamped, OntheAir seems to fit with Marissa Mayer's efforts to focus on small acquisitions that bring in needed talent.
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  • Dec. 4, 2012, 2:57 AM
    Yahoo (YHOO) reportedly believes that errors in procedure and in application of law give it "numerous" grounds to appeal a $2.7B preliminary award made against the company in a Mexico City court. Analysts are a bit perplexed by the verdict. "It's not clear how the Mexican court arrived at the $2.7B," writes JPMorgan's Doug Anmuth, "but it would represent 40% of our projected 2012 year-end cash balance for Yahoo."
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  • Nov. 30, 2012, 5:33 PM
    Yahoo (YHOO) -1.3% AH after a Mexican court orders a subsidiary to pay $2.7B to two local companies suing it for "breach of contract, breach of promise, and lost profits" related to a yellow pages listing service. Yahoo, unsurprisingly, plans to appeal. The AH decline translates into a market cap loss of about $300M. (PR)
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Company Description
Yahoo! Inc is a technology company. It offers search, content and communication on mobile phone, tablet or desktop.