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Yahoo! Inc. (YHOO)

  • 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 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)
  • Nov. 29, 2012, 3:58 PM
    For the first time, comScore is counting PC and mobile users in its rankings of U.S. visitors to Web properties. According to the firm, about 51% of Google's (GOOG) U.S. visitors access it via mobile devices, and about 12% are mobile-only. For Yahoo (YHOO), those numbers are 50% and 13%, and for Facebook (FB), it's 51% and 16%. Microsoft (MSFT) has a lot of catching up to do: its numbers are only 24% and 1%. The mobile shift has been seen as a dual-edged sword for Facebook and Google, though each has made a lot of progress (I, II) in improving monetization.
  • Nov. 27, 2012, 9:13 AM
    The Street continues to jump on the Yahoo (YHOO) bandwagon as shares make new 52-week highs. A day after Goldman made Yahoo a Conviction Buy, Bernstein's Carlos Kirjner (seen yesterday upgrading Facebook) argues shares could pass $25 thanks to better ad monetization, mobile/social investments, and the appreciation of Asian assets. Nonetheless, he cautions it's "hard to see Yahoo! as a long-term winner." Google saw similar bandwagon-jumping take place prior to its Q3 miss. YHOO +0.6%.
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  • Nov. 26, 2012, 12:17 PM
    More on Goldman's upgrade of Yahoo (YHOO +1.1%): The firm thinks Yahoo is improving its average revenue/search, which has long trailed Google's, and believes the company will implement "cost reductions" (read: layoffs) that will more than offset higher "tech and investment spending" in 2013. Yahoo, which recently broke out of the narrow trading range it was in for much of the year, has made new 52-week highs again today.
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  • Nov. 26, 2012, 7:12 AM
    Yahoo (YHOO) is upgraded to Goldman Sachs' Conviction Buy list with a price target of $24 (raised from $22). Stock buybacks - just 25% complete - are the current catalyst. Combining that with what looks to be some credibility from new management, and it's a "very attractive risk/reward scenario." Shares +1.8% premarket.
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  • Nov. 21, 2012, 8:36 AM
    In spite of a flurry of social media-focused content partnerships and continued 9-figure losses for Microsoft's (MSFT) Online Services unit, Bing's market share gains remain meager. comScore estimates Bing's U.S. PC search share stood at 16% in October, compared with 15.9% in September and 15.1% last December. Moreover, Bing-powered Yahoo (YHOO) had a 12.2% share, flat from September and down from December's 14.5%. As for Google (GOOG)? It hit a record high of 66.9%. Bing's international and mobile shares are considerably lower.
  • Nov. 20, 2012, 7:40 AM
    Yahoo (YHOO) is among the names interested in buying from Lions Gate (LGF), Kara Swisher reports. Deadline Hollywood reported the site, which claims 24M monthly users and 6.5M app downloads, could go for $20M-$25M. would complement Yahoo TV's content and perhaps the Web giant's Broadcast Interactivity platform for TV sets.
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  • Nov. 19, 2012, 2:20 PM
    Facebook (FB -1.2%) declares it's "not in talks to enter into a new search partnership," quashing speculation that a report from The Telegraph about partnership talks with Yahoo (YHOO +2.2%) suggests a search deal could happen. Mark Zuckerberg has been clear about Facebook's interest in search, but less so about whether he wants to build a full-blown Google rival or just a "social" search platform relying heavily on Facebook's data. Shares are underperforming today after rocketing higher following Wednesday's lockup expiration.
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  • Nov. 19, 2012, 8:30 AM
    Sina (SINA) +6.9% following a report Alibaba is taking a 15%-20% stake in Sina's Weibo microblogging platform for $2B-$3B. Such a deal would both grant a high valuation to Weibo, which now has 424M registered users and over 40M monthly active users, and potentially open up new monetization opportunities, given Alibaba's Chinese e-commerce/online payments clout. If the rumor pans out, Yahoo (YHOO) would have an indirect ~3%-4% stake in Weibo through its 23% stake in Alibaba.
  • Nov. 19, 2012, 2:32 AM
    Yahoo (YHOO) CEO Marissa Mayer and Facebook (FB) COO Sheryl Sandberg have reportedly held talks about forming an alliance. The companies already work together on small projects and recently settled a patent spat, although a deepening of their relationship could be complicated by Yahoo's problematic search partnership with Microsoft (MSFT).
  • Nov. 16, 2012, 6:35 PM
    Marissa Mayer might finally be planning those huge job cuts many have called on her to carry out: sources tell Kara Swisher Yahoo (YHOO) will implement a new performance-measurement system with the goal of identifying the "bottom 20%" of workers, with the goal of lowering the compensation allocated to that group. Also, Yahoo has cancelled a policy of giving most workers the week between Christmas and New Year's off. Yahoo cut 2K jobs this year ahead of Mayer's arrival.
  • Nov. 16, 2012, 1:21 PM
    Yahoo (YHOO) is bringing back former exec Jay Rossiter, who departed during the short-lived Scott Thompson era, to be its EVP of Platforms. Rossiter will spearhead the development of Yahoo technologies related to cloud services, Hadoop big data analytics, ad targeting, mobile apps, and a few other things. Meanwhile, fellow mobile laggard AOL has seen consumer technology chief David Temkin resign as part of a restructuring. Temkin was the third person to hold the position in the last 2 years.
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Company Description
Yahoo! Inc is a technology company. It offers search, content and communication on mobile phone, tablet or desktop.