Tag Archive | "yhoo"

Google Slips, Bing Gains In Feb U.S. Web Searches

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Industry research firm comScore this afternoon reports that Google’s (GOOG) share of “core” U.S. Web searches slipped ever so slightly, to 65.4%, in February from January’s 65.6%, while Microsoft’s (MSFT) Bing saw its share expand from 13.1% to 13.6%.

Yahoo’s (YHOO) shares of U.S. searches was unchanged at 16.1%, while IAC‘s (IAC) Ask Network properties saw share decline slightly to 3.2% from 3.4%.

AOL‘s (AOL) shares was unchanged at 1.7%.

Article courtesy of Tech Trader Daily

Yahoo! Shares Under Pressure On Alibaba CEO Departure

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Shares of Yahoo! (YHOO) are down 51 cents, or 3%, at $17.15 after reports last night that the CEO of Alibaba.com, the Chinese online auction house in which Yahoo! has a 40% stake, has resigned after fraud was discovered among sellers of merchandise on the site.

The Wall Street Journal’s Yvonne Lee and Loretta Chao report that Alibab’s CEO David Wei, as well as COO Elvis Lee, after an internal investigation found 2,300 sellers on the site were committing fraud, “sometimes with the help of Alibaba.com sales staff.”

Alibaba, which has been valued by Yahoo! at more than $2 billion on paper, but which is potentially worth much more in a sale, has been an important component of Yahoo!’s total value over and above its core business and its cash holdings.

Wei is being replaced by Jonathan Lu, currently CEO of Alibaba’s retail Web site Taobao.com, the authors report.

Article courtesy of Tech Trader Daily

What’s Up With Yahoo! Finance?

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The message boards are on fire over at Yahoo!’s (YHOO) Finance Web site: it appears that the portfolio tracking feature of the site has had some problems since a re-design yesterday, with people claiming stocks have disappeared from their holdings, with efforts to retrieve them failing.
There were other errors apparent [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Yahoo!: Pacific Crest Raises To Outperform, $21 Target

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Shares of Yahoo! (YHOO) rose 29 cents, or 1.8%, at $16.12 after Pacific Crest Securities analyst Steve Weinstein raised his rating on the stock to Outperform from Sector Perform, arguing the stock represents a cheap bet on its Asian assets, despite the fact its fundamentals will probably continue to lag [...]

Article courtesy of BARRONS.com: Tech Trader Daily

YHOO: Search Distresses, But Assets Please

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Shares of Yahoo! (YHOO) are down 53 cents, or 3%, at $15.48, after the company last night reported better-than-expected Q4 results but offered a weak revenue outlook for the current quarter, citing both accounting issues and some growing pains in its keyword search partnership with Microsoft (MSFT).
One topic of conversation [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Yahoo!: Display Strong; Microsoft Still Learning Search

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Yahoo! (YHOO) management, on a conference call with analysts this evening following better-than-expected Q4 results but a weak Q1 outlook, CEO Carol Bartz said the quarter was “very encouraging,” evincing increased profitability on several fronts, including operating income and operating margin, and EPS.
Delivering great content will lead to revenue growth, [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Yahoo Down 4% As Q4 Beats, Q1 View Misses

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Shares of Yahoo! (YHOO) are down 59 cents, or 4%, at $15.43 after the company this afternoon reported Q4 revenue and profit ahead of analysts’ estimates, but forecast the current quarter’s revenue well below expectations.
Q4 revenue fell 4%, year over year, to $1.21 billion, versus the average $1.19 billion estimate. [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Yahoo! To Lay Off 1% Of Workforce; Earnings Tonight

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Bloomberg’s Brian Womack reports Yahoo! (YHOO) is planning to cut about 1% of its global workforce, or roughly 140 people, citing an internal email today. Yahoo! plans to continue to add staff to support “key priorities,” the memo said, according to Womack.
This latest cut follows a 4% cut announced back [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Yahoo: Layoffs Could Start Today, Per TechCrunch

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TechCrunch, which said November 11th that Yahoo! (YHOO) could lay off 20% of its staff, only to be rebutted by Yahoo!, this afternoon says the layoffs may already be happening today.
TechCrunch’s Erick Schonfeld writes that anonymous tipsters have written in saying layoffs might happen between Thanksgiving and Christmas, and now [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Google Search Share Inches Higher In October, ComScore Says

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Google (GOOG) had 66.3% of the explicit core U.S. search market in October, according to new data from ComScore, up from 66.1% in September.
Yahoo (YHOO) had 16.5% of the market, down from 16.7% a month earlier. Microsoft (MSFT) Bing had 11.5% share for the month, up from 11.2%. Ask.com (IACI) [...]

Article courtesy of BARRONS.com: Tech Trader Daily