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Wall Street thinks a Yahoo acquisition is inevitable - but no one agrees on the buyer

2016-01-08 02:07:50| IT Services - Topix.net

Wall Street is clamoring for Yahoo to sell its core business, following Wednesday's letter by activist shareholder Starboard - but the appetite for a deal becomes more complicated once the list of potential buyers is drawn up. It's all speculation at this point, as Yahoo hasn't publicly put itself up for sale, but the differing opinions by analysts show how turning around, or selling, a once-dominant internet business is a challenging endeavor.

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Activist investor turns up heat on Yahoo, seeks leadership change

2016-01-06 21:57:24| IT Services - Topix.net

REUTERS: Activist investor Starboard Value LP on Wednesday ramped up pressure on Yahoo Inc , taking aim at Chief Executive Officer Marissa Mayer and her leadership team and raising the prospect a proxy battle is nearing. Starboard in a letter to the board of directors dated Wednesday implied that Mayer and her officers needed to go, without naming her specifically.

Tags: change yahoo heat leadership

 
 

Verizon, Yahoo And Best Idea For 2016

2016-01-06 18:21:12| Grocery - Topix.net

Struggling to best compete with T-Mobile and Sprint , Verizon is working with Citigroup on selling its data center assets. It is asking potential buyers for over $2.5 billion.

Tags: for yahoo idea verizon

 

Dow, S&P 500 close higher; auto sales set U.S. record; Yahoo faces text spamming lawsuit: Business News Links

2016-01-06 01:07:08| Auto Dealers - Topix.net

In this photo made on Thursday, Nov. 19, 2015, a row of 2015 Ford F-150 pickup trucks are parked on the sales lot at Butler County Ford in Butler, Pa. Automakers today set a new U.S. sales record for 2015 even as December sales fell short of expectations, and most forecasters said sales should rise to another record this year.

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Yahoo shuts down video streaming site

2016-01-05 19:52:31| BBC News | Business | UK Edition

Internet firm Yahoo has shut down its video hub Yahoo Screen after the website failed to attract viewers.

Tags: site video yahoo streaming

 

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