Yahoo! Inc. (NASDAQ: YHOO) announced on Friday that it has appointed Maynard Webb as a permanent chairman of the Company. Webb will be replacing Fred Amoroso. The appointment comes at a time when the internet company is finding a bit difficult to boost its advertising business, a domain dominated by Google and Facebook. Webb, who served as the interim Chairman at Yahoo since April, is a veteran in the tech industry and a Silicon Valley investor. In addition, Webb has been also serving as a director at Yahoo since Feb. 2012. Webb also served as a Chief operating Officer at an e-commerce company, eBay.
Tag: YHOO
Major Movers on July 22; KMB, DWA, MCD, YHOO, FDML, NAFC, SPTN
Shares of Kimberly Clark Corp. (NYSE: KMB) fell about 1.47% by afternoon trade. The Consumer products maker, reported on Monday that fiscal second quarter net income increased 5.6% as cost cutting measures, improvement in international business helped offsetting its restructuring expenses arising from Western European operations. Continue reading Major Movers on July 22; KMB, DWA, MCD, YHOO, FDML, NAFC, SPTN
Major Movers on July 17; MAT, YHOO, URI, STJ, ZAGG
Shares of Mattel Inc. (NASDAQ: MAT) plunged about 7.20% by afternoon trade. The toymakers said that net income fell 24% for the fiscal second quarter. The bottom line felt the pressure due to flagging sales of Barbie line of products and a write-down of $14 million, linked to Polly Pocket line of products.
Continue reading Major Movers on July 17; MAT, YHOO, URI, STJ, ZAGG
Citigroup Initiates Coverage on 11 Internet Stocks
Citigroup equity research analyst Mark May initiated coverage on 11 Internet stocks on Tuesday.
Continue reading Citigroup Initiates Coverage on 11 Internet Stocks
Yahoo Acquires iPhone Video App Qwiki (YHOO)
In a move which will help the company to further cement its foothold in the mobile app world, Internet Company, Yahoo Inc. (NASDAQ: YHOO) announced on Tuesday that it has bought Qwiki Inc., a New York-based startup which makes mobile apps for making videos on iPhone, according to All Things D.
Continue reading Yahoo Acquires iPhone Video App Qwiki (YHOO)
Major Movers on March 21; ORCL, GES, LULU, YHOO, KBH
Shares of Oracle Corporation (NASDAQ: ORCL) were hammered in premarket trading. The enterprise software handed lower-than-expected fiscal third quarter earnings and revenue, late last evening.
Continue reading Major Movers on March 21; ORCL, GES, LULU, YHOO, KBH
Yahoo’s Q4 Results Beat Estimates; Shares Rise Sharply (YHOO)
Shares of Yahoo! Inc. (NASDAQ: YHOO), a Sunnyvale, California-based digital media company, have risen sharply in pre-market trading today after the company reported better-than-expected fourth-quarter results.
Continue reading Yahoo’s Q4 Results Beat Estimates; Shares Rise Sharply (YHOO)
Yahoo Shares Rise Sharply on Q3 Results (YHOO)
Shares of Yahoo Inc. (NASDAQ: YHOO) have risen sharply in trading today after the Sunnyvale, California-based Internet company reported results for the third quarter ended Sep 30, 2012.
Continue reading Yahoo Shares Rise Sharply on Q3 Results (YHOO)
Major Gainers and Losers in Early Trading on October 23; YHOO, MNST, COH, UTX
Shares of Yahoo! Inc. (NASDAQ: YHOO), a digital media company, are up sharply in early trading today. At last check, YHOO shares were trading 3.46% higher at $16.32 on volume of 2.78 million. The stock hit an intra-day high of $16.57 in early trading today.
Continue reading Major Gainers and Losers in Early Trading on October 23; YHOO, MNST, COH, UTX
Yahoo Posts Mixed Quarterly Earnings (YHOO)
Internet Company, Yahoo Inc (NASDAQ: YHOO) reported fiscal second quarter earnings on Tuesday which were slightly lower than last year while its revenues also stood flat.
Continue reading Yahoo Posts Mixed Quarterly Earnings (YHOO)