After nearly of week of meetings, Yahoo CEO Marissa Mayer on Wednesday said the company won't move ahead with a spin-off of its Alibaba Group Holding Inc. (NYSE: BABA) stake.
A potentially massive tax bill was why Yahoo yanked the Alibaba spin-off.
By Diane Alter, Contributing Writer, Money Morning -
After nearly of week of meetings, Yahoo CEO Marissa Mayer on Wednesday said the company won't move ahead with a spin-off of its Alibaba Group Holding Inc. (NYSE: BABA) stake.
A potentially massive tax bill was why Yahoo yanked the Alibaba spin-off.
By Diane Alter, Contributing Writer, Money Morning -
After nearly of week of meetings, Yahoo CEO Marissa Mayer on Wednesday said the company won't move ahead with a spin-off of its Alibaba Group Holding Inc. (NYSE: BABA) stake.
A potentially massive tax bill was why Yahoo yanked the Alibaba spin-off.
Here's what Yahoo plans to do instead...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Yahoo! Inc. (Nasdaq: YHOO) stock is seeing some gains today on its Brightroll acquisition.
This purchase is the latest in a number of acquisitions made by Mayer in her "turnaround" since 2012.
But these buys are not what's propelling YHOO to new heights.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Yahoo! Inc. (Nasdaq: YHOO) stock rose 4.5% today (Wednesday).
But why? Slight revenue growth was the only good thing to come of YHOO's earnings report Tuesday.
That's why YHOO investors need to see some key events take place to improve Yahoo's outlook.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Yahoo Inc! (Nasdaq: YHOO) stock got a boost in after-market trading following an earnings report that beat analyst estimates.
But the numbers are hardly as optimistic as they seem…