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Wall Street gave Yahoo stock a big boost today - largely due to the stellar quarterly performance of China's Alibaba , in which the Silicon Valley Internet giant has a big stake.
Yahoo's recently fired chief operating officer, Henrique de Castro, left the Internet company with a severance package of $58 million even though he lasted just 15 months on the job.
The 47-year-old Filo is among three board candidates hoping to be elected at Yahoo's annual meeting scheduled for June 25. Yahoo Inc. disclosed the candidates to fill recently vacated positions in a regulatory filing Wednesday.
Yahoo! Inc.'s Marissa Mayer can't rely on Alibaba Group Holding Ltd. to bail her out much longer, putting the onus on her to accelerate a sales rebound that's only getting started.
"Holy Alibaba!" exclaims Bernstein's Carlos Kirjner after looking at the Q4 numbers disclosed by Yahoo yesterday.
Shares of Yahoo! are up $1.90, or almost 6%, at $36.09, holding onto most of last night's after-hours gains, after the company beat revenue and earnings per share expectations for Q1, and forecast revenue this quarter in line with expectations, and disclosed a revenue increase for Alibaba Group Holding , in which it has a 24% stake, that was well ... (more)
Alibaba Group Holding Ltd's revenue growth accelerated in the last quarter of 2013, a timely lift for the Chinese Internet company as it prepares to file a prospectus next week for its highly anticipated initial public offering.
's stock had its "buy" rating reaffirmed by Cantor Fitzgerald in a research note issued on Wednesday, AmericanBankingNews.com reports.
Yahoo! Inc. shares jumped Wednesday after the Internet giant's earnings report showed revenue growth for the first time in more than a year.
Asian share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.
Yahoo Chairman and Chief Executive Officer Terry Semel will receive just US$1 as salary, along with at least 6 million stock options to soften the blow.
Q1 2013 Q1 2014 PercentChange GAAP revenue $1,140 milli... )--Boston Private Financial Holdings, Inc. today reported first quarter 2014 GAAP Net Income Attributable to the Company of $17.0 mill... )--River Valley Community Bank headquartered in Yuba City, California reported earnings of $222,063 or $.13 basic earnings per share... )--Fleetmatics ... (more)
If you have visited the Yahoo Mail website recently in Firefox you may have noticed a small notification bar appearing at the top of the page.
There's no keeping Yahoo out of the headlines at the moment. Yesterday, shares rose 1.75% on a broker boost , and this afternoon the tech titan announces its earnings after the closing bell.
Analysts are expecting $0.37/share on $1.08 billion in revenues, compared to year ago EPS of $0.38 and $1.07 billion in revenues.
Financial services firm GE Money has warned Australian customers against "worldwide internet vulnerabilities", urging them to change online passwords after a bug surfaced this month hitting email systems, security firewalls and possibly, mobile phones.