By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler - • Print | Email
No company is immune from activist investors. That point was hammered home anew when Nelson Peltz announced Monday he'd bought $2.5 billion of General Electric (NYSE: GE) stock, making him a top 10 shareholder.
Every year, more household names are targeted, including many widely held stocks.
Here's what to do when a stock you own lands in the crosshairs of a Nelson Peltz...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
That Yahoo stock price opened down 1.7% today (Wednesday) at $30.36 after its Alibaba spin-off plan was rejected by the IRS yesterday.
Yahoo stock did rebound Wednesday afternoon and was trading near $31.43 at 12:00 p.m.
Here's what investors need to know about the Alibaba spin-off and the Yahoo stock price...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 - • Print | Email
Yahoo stock fell in pre-market trading after a mixed Yahoo earnings report.
Yahoo! Inc. (Nasdaq: YHOO) posted a 14.7% increase in sales, from $1.084 billion in the second quarter of 2014 to $1.243 billion this quarter.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 - • Print | Email
Yahoo earnings will be released this afternoon (Tuesday). But, for all intents and purposes, Yahoo earnings are becoming increasingly irrelevant.
That's because the market values Yahoo's core business at a negative valuation when all holdings are accounted for.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Yahoo Inc. (Nasdaq: YHOO) officials announced an Alibaba spin-off this week, which the company expects to complete in Q4.
The new company will be called Aabaco Holdings and will be made up of $32 billion in Alibaba Group Holding Ltd. (NYSE: BABA) shares and a division named Yahoo Small Business.
Here's the reason why Yahoo is holding an Alibaba spin-off, and what it means for investors...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 - • Print | Email
Those tempted to buy Yahoo stock because they see it one day dethroning the likes of Google or Facebook should be reminded of where Yahoo’s true value lies.
Especially since every small victory Yahoo Inc. (Nasdaq: YHOO) seems to secure is invariably greeted as evidence that Chief Executive Officer Marissa Mayer is successfully breathing new life into a struggling, once-great web portal and online services giant.
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke - • Print | Email
Yahoo! Inc. (Nasdaq: YHOO) reported second quarter 2014 earnings results after closing bell today (Tuesday). Despite a miss, Yahoo stock surged more than 2.25% after hours.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM - • Print | Email
Investors were given an update on the Alibaba IPO today (Tuesday) when Yahoo! Inc. (Nasdaq: YHOO) reported second quarter earnings. Yahoo owns a 24% stake in Alibaba Group Holding Ltd. (NYSE: BABA) and will be selling a large percentage of its shares through the IPO.
However, Alibaba granted Yahoo permission to sell fewer shares in the IPO later this year, in a move that will help Yahoo maintain more control in the Chinese e-commerce giant.
YHOO shareholders also received good news from today’s report…
