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The Sell-Side View On A Transformed Yahoo: Altaba Initiated At Overweight
Wednesday, June 28, 2017 - 1:09pm | 436Read More...JPMorgan initiated coverage on Altaba Inc (NASDAQ: AABA), the reincarnation of Yahoo’s assets following the sale of the Yahoo's operating business to Verizon Communications Inc. (NYSE: VZ). The firm issued an Overweight rating accompanied by a price target of $65. The price target represents...
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Verizon Deal Delay: What Does It Mean For Yahoo, Alibaba Investors?
Tuesday, January 24, 2017 - 2:49pm | 647Read More...With several deals hitting the roadblock before consummation, an announcement from Yahoo! Inc. (NASDAQ: YHOO) regarding a delay in the closure of an impending deal should worry investors to no end. Deal On, But To Be Delayed Yahoo said in its fourth-quarter earnings release that the M&A...
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Report: Yahoo Prepared To Proceed To Round 2 Of Bidding For Its Internet Properties
Monday, April 25, 2016 - 9:58am | 274Read More...According to a report by Bloomberg, Yahoo! Inc. (NASDAQ: YHOO) is prepared to move on to round two of bidding for its internet properties and could inform potential buyers if they have made it through to the next stage. Bloomberg, citing "people with knowledge of the matter," reported...
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Verizon, SoftBank 'The Only Real Competition' To Acquire Yahoo's Internet Assets
Thursday, April 14, 2016 - 8:19am | 302Read More...The New York Post reported late Wednesday evening Verizon Communications Inc. (NYSE: VZ) is now considered the front-runner to acquire Yahoo! Inc. (NASDAQ: YHOO)'s internet properties, but a deal isn't guaranteed just yet. The New York Post stated Verizon's "simple cash deal...
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Yahoo's 3 'Hidden' Assets Are Not Well Understood; Bob Peck Raises Target To $44
Wednesday, April 13, 2016 - 8:04am | 314Read More...Robert "Bob" S. Peck of SunTrust Robinson Humphrey believes that bids for Yahoo! Inc.’s (NASDAQ: YHOO) core business could see upside due to the company’s “hidden assets.” The analyst maintained a Buy rating on Yahoo, while raising the price target from $40 to $44....
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Gabelli: Should Yahoo Sell Itself To Verizon?
Friday, April 8, 2016 - 2:06pm | 304Read More...Mario Gabelli, Gabelli Funds chairman, would support a Verizon Communications Inc. (NYSE: VZ) acquisition of Yahoo! Inc. (NASDAQ: YHOO)'s core Internet media and search business, the value investor told on CNBC. "They want to buy a spinoff from Time Warner (Time Warner Inc (NYSE: TWX)); it will fit...
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Yahoo Japan Gains 6% In Tokyo Trading, Verizon Said To Be Interested In Stake
Friday, April 8, 2016 - 7:59am | 131Read More...Shares of Yahoo Japan Corporation gained more than 6 percent during Tokyo's trading session as reports surfaced Verizon Communications Inc. (NYSE: VZ) may be interested in acquiring a stake. Reuters reported late Thursday afternoon that Verizon is preparing a bid for Yahoo's internet...
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IRS, Treasury Unlikely To Approve Yahoo's Alibaba Spinoff Anyway
Wednesday, December 9, 2015 - 1:55pm | 449Read More...Yahoo! Inc. (NASDAQ: YHOO) said Wednesday in a press release that its board of directors have unanimously "decided to suspend work" on the proposed spinoff of its $31 billion Alibaba Group Holding Ltd (NYSE: BABA) stake. Change Of Plans Instead, Yahoo will be spinning off its core assets,...
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Yahoo Shopping In Japan Is Growing 30% YoY; Sales Benefiting From Discounts For Loyalty Shoppers
Wednesday, December 9, 2015 - 8:27am | 280Read More...Shares of Yahoo! Inc. (NASDAQ: YHOO) have declined 31 percent year-to-date from a high of $50.15 on January 2. Morgan Stanley’s Tetsuro Tsusaka has maintained an Equal-Weight rating on Yahoo Japan Corporation, with a price target of ¥500. Yahoo Shopping, which has an annual GMV of ¥...
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Social Media Pair Trade: Susquehanna Starts Yahoo & Facebook At Positive, Twitter & Yelp At Neutral
Tuesday, August 11, 2015 - 11:42am | 654Read More...In various reports published Tuesday, Susquehanna analyst Shyam Patil initiated coverage of various social media companies. Patil initiated coverage of Facebook Inc (NASDAQ: FB) and Yahoo! Inc. (NASDAQ: YHOO) with "Positive" ratings while shares of Twitter Inc (NYSE: TWTR) and Yelp...
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Here's Why MKM Partners Lowered Yahoo's Price Target
Wednesday, May 6, 2015 - 12:18pm | 415Read More...In a report published Wednesday, MKM Partners analyst Rob Sanderson commented that Yahoo! Inc. (NASDAQ: YHOO) remains a "great unlocking of value" story with potential for meaningful upside on a turnaround in the core business, but the company is not a near-term earnings story....
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Bob Peck: 6 Things To Watch After Yahoo's Earnings
Wednesday, April 22, 2015 - 8:46am | 340Read More...Yahoo! Inc. (NASDAQ: YHOO) on Tuesday reported its first quarter results. In a report published Wednesday, SunTrust Robinson Humphrey analyst Robert (Bob) Peck noted that Yahoo's Core "slows" in its turnaround, but based on a some-of-parts valuation, investors can still get the...
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SunTrust Remains Bullish On Yahoo, Company 'Delivers On Promise'
Wednesday, January 28, 2015 - 10:48am | 217Read More...Yahoo! Inc. (NASDAQ: YHOO) stated in its quarterly results on Tuesday that its 384 million shares of Alibaba Group Holding Ltd (NYSE: BABA) will be spun-off tax-free in the fourth quarter 2015, avoiding a $16 billion tax liability. Robert Peck of SunTrust Robinson Humphrey commented in a note...
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SunTrust Previews Yahoo's Q4 Earnings, Expects Focus To Be On Asian Asset Tax Efficiency And Growth Initiatives
Tuesday, January 13, 2015 - 10:07am | 259Read More...Bob Peck of SunTrust Robinson Humphrey on Tuesday reiterated a Buy rating and $57 price target on shares of Yahoo! Inc. (NASDAQ: YHOO) ahead of the company's fourth quarter results on January 27. “While we largely anticipate an in-line quarter, there are several other items that we...
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Citigroup Thinks Yahoo's Risk To Reward Is Favorable
Wednesday, October 29, 2014 - 1:39pm | 267Read More...Mark May of Citigroup resumed coverage of Yahoo! Inc. (NASDAQ: YHOO) on Wednesday with a Buy rating and $63 price target due to fundamental and event driven reasons. From the fundamental point of view, the analyst notes that shares at $45 reflect the following: 1. Alibaba Group Holding Ltd...
