Yahoo shares gain ground as it reassures on Verizon deal
Verizon has earlier agreed to buy Yahoo for US$4.8bn
Company
NASDAQ:YHOO
Yahoo!, founded in 1994, is the Internet's leading global consumer and business services company. It is one of the most recognised Internet brands, reaching over 237m unique users in 25 countries and 13 languages, and leads the industry in terms of traffic, advertising, household and business user reach.
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Verizon has earlier agreed to buy Yahoo for US$4.8bn
US stocks ended higher on Tuesday with a boost from high drama in the healthcare sector
Sometimes a partnership is better than a buy in the IT world. Amazon has launched a cloud sharing service with VMware while buyer Verizon quibbles over Yahoo
Back in July, Verizon agreed to buy Yahoo’s core internet businesses for US$4.83bn in cash but now it wants some money off
US stocks ended lower on Friday as oil prices sagged, but on the week the S&P 500 posted its best gains since July
For the growing legion of data and cyber security companies it further underlines the increasing profile of their businesses.
US stocks closed lower on Monday, weighed down by jitters over a busy event-driven week as well as weaker oil prices
US stocks fell at midsession on Monday as investors took fright of an event- and data-heavy week ahead and markets began to price in a possible US rate hike this year despite the Brexit vote
US telecom group swoops for troubled internet giant
Also covered: Verizon Communications to merge two internet dinosaurs (AOL & Yahoo!); William Hill mulls 888 & Rank treble; investors hot for Hot Maden; Michelmersh solid as a brick
US stocks closed firm on Monday, with the bellwether S&P 500 marking a fresh record high, after Bank of America earnings buoyed the market
US stocks rose on Monday, after opening with a mild nosebleed, struggling for direction as investors analysed the turmoil of Turkey’s failed coup and with the second quarter earnings season continuing to pick up pace from last week’s launch
It was not proving to be a great week for tech stocks, as both microblogger Twitter and web portal Yahoo! were downgraded by brokers, but it was better news for WebMD Health Corp
Investments and investor services
Yahoo! Inc, Amazon, Activision Blizzard, Cavium Inc and Whole Foods Market feature in Thursday's broker wrap.
Yahoo! Inc the internet portal could well do with some good news after a difficult start to 2016 and on Thursday it received a shot in the arm from brokers at Citigroup, who raised their recommendation to Buy from Neutral
Archive
A look at some of he hot stories across the US media today
Yahoo! Inc. shares fall after reports suggested Verizon Communications Inc. said to have lodged a lower-than-expected bid for the portal’s internet business. Could it mean consolidation of internet portals with AOL?
Archive
The idea of Twitter taking over Yahoo! is not as crazy as it seems at first
May and December: market tittle-tattle indicates Twitter and Yahoo! may be in merger talks.
A drop in weekly oil inventories propelled oil prices just shy of the $50 a barrel mark.