More people on holiday, fewer people paying attention. It’s a perfect recipe for a corporate disclosure to fly beneath the radar.
It’s the company’s first earnings report after Alibaba went public. Naturally, all eyes are on Yahoo’s massive $35 billion stake in the Chinese Internet giant.
Yahoo is currently worth around $40.5 billion. But its core advertising business is worth less than $7 billion, according to Wall Street.
Again and again and again, all the way back to 2008.
The activist hedge fund grabbing headlines recently for its engagement with Olive Garden took a “significant” stake in Yahoo and sent a letter to CEO Marissa Mayer encouraging her to consider a possible merger with AOL.
Yahoo still has a 16.3% stake in Alibaba, which is now worth around $37.7 billion.
Alibaba’s IPO ranks as the largest offering ever in the U.S. Shares closed at $93.89, up 38% from its initial public offering price, on its first day of trading.
This time, Yahoo bought a mobile advertising and analytics company called Flurry. Re/code first reported the news.
The company reported its second-quarter earnings today.
The e-commerce company, which is 24% owned by Yahoo, filed to raise at least $1 billion. The company’s prospectus confirms what Yahoo investors already knew.
Yahoo is finally posting some growth in its search and display advertising revenue. It’s something CEO Marissa Mayer hasn’t quite been able to do since taking over, and investors are actually pleased.
While it was expected this year, the company announced today that it’s starting the process. It’s a moment that Yahoo shareholders have been salivating over for years.
Will you go public, or get kicked out of your company? Find out below!
The company spent a lot of money buying companies and issuing a dividend to Yahoo shareholders. But its advertising business is still struggling, sending its stock down 5% today on its fourth-quarter earnings report.
Henrique DeCastro was fired by CEO Marissa Mayer, according to Re/code. But he is leaving with a huge golden parachute.
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Couric has been a special correspondent for ABC News and hosted the daytime talk show, Katie, for the last two years.
Yahoo is also upping its buyback program to $5 billion.
Yahoo has a huge stake in Alibaba, an e-commerce company that is basically the equivalent of Amazon in China. That company just reported a blowout day in sales on one of China’s biggest shopping days.
Yahoo has decided to hold onto an extra 53 million shares to take advantage of the Asian e-commerce company’s expected post-IPO pop.
Foursquare sells a lot of ads, but the biggest upside for the location-sharing startup may be in selling its data. And sources say Yahoo is interested.
T.R. Newcomb is in charge of corporate development in New York, and he is shopping around for startups.
But, not necessarily Marissa Mayer.
Smartphone maker BlackBerry has lost about $3 billion in market value during Thorsten Heins’ less than two years as CEO. Has anyone fared worse in attempting a turnaround?
Plus the iPhone that exploded a breast implant, the baby-naming trend inspired by Game of Thrones, and celeb couples who manage to be even cuter off-screen than on.
In bidding for Hulu, Yahoo CEO Marissa Mayer is taking a page from former interim CEO Ross Levinsohn’s playbook. She’ll be going up against Levinsohn for the second time, as he too is bidding for the online video site.
Yahoo has entered the bidding for online video site Hulu. But Yahoo CEO Marissa Mayer seemed to suggest the company was done with big deals for this year after the Tumblr purchase. Or did she?
Yahoo’s worth nearly $30 billion. But a lot of that value has come from acquisitions. Some have worked out — others not so much.
Today’s press conference is the most important sale of Yahoo CEO Marissa Mayer’s career. Her company’s future depends on convincing Tumblr’s users to believe in her vision.