Post Profile






Yahoo!: Needham Cuts to Hold on Prospect Verizon Will Walk Away

Shares of Yahoo! (YHOO) are up 77 cents, or 1.8%, at $42.56, despite a downgrade this morning from Needham & Co.’s Laura Martin to Hold from Buy, on concerns Verizon Communications (VZ), which has agreed to buy the company’s “core” advertising operations, may walk away or negotiate a lower price. After Yahoo! last month disclosed it suffered a security breach compromising the data about at least half a billion users, speculation has swirled that Verizon might seek to change terms of the deal announced back in late July, especially considering the breach happened back in 2014 and was  apparently not disclosed to bidders.
read more

share

Related Posts


YHOO: Needham Ups Target to $26; Buybacks Could Lift Shares

Business & Finance / Investing : Tech Trader Daily

Shares of Yahoo! (YHOO) are up 18 cents, or roughly 1%, at $19.53 after Needham & Co.’s Laura Martin raised her price target on the shares to $26 from $19, arguing that the current price suggests only $4 of the stock price is based ...

Verizon: Is Digital Media and Advertising the Right Strategy? Ask UBS, Cowen

Business & Finance / Investing : Tech Trader Daily

Shares of Verizon Communications (VZ) are down 24 cents at $55.86 after the company this morning said it will buy the “core” operating business of Yahoo! (YHOO) for $4.8 billion, confirming months of speculation it would become the ...

Verizon Slips as Activations Decline; Pre-iPhone Behavior?

Business & Finance / Investing : Tech Trader Daily

Shares of Verizon Communications (VZ), which yesterday said it would buy the “core” advertising business of Yahoo! (YHOO), are down 22 cents, or 0.4%, at $55.65, in pre-market trading, after the company this morning reported Q2 reve...

Yahoo!, Verizon Slip on ‘Core’ Deal: Street Quizzes Mayer about ‘RemainCo.’

Business & Finance / Investing : Tech Trader Daily

Shares of Yahoo! (YHOO) have opened down 88 cents, or 2%, at $38.50, and Verizon Communications (VZ) has opened down 17 cents at $55.93, after the two this morning announced that Verizon will buy the Internet advertising and search ...

Yahoo!: Needham Ups to Buy on Urgency for Change, Starboard Entry

Business & Finance / Investing : Tech Trader Daily

Shares of Yahoo! (YHOO) are up 14 cents, or 0.3%, at $40.80, following an upgrade to Buy from Hold by Laura Martin of Needham & Co., who assigns a $48 price target, writing that the bears have probably been flushed out of the stock ...

Comments


Copyright © 2016 Regator, LLC