Yahoo Appoints Webb as a Permanent Chairman (YHOO)

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.

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

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.

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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)

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