Asian stocks are poised to rise for a second session on Thursday, tracking gains on Wall Street overnight.» Read More
April 16- Yahoo Inc, which posted anemic first-quarter revenue growth, said it has nominated three new members to its board. The three members include billionaire Charles Schwab, namesake chairman and chief executive of discount broker Charles Schwab Corp..
SUNNYVALE, California— Yahoo co-founder David Filo is vying to rejoin the Internet company's board after an 18- year absence. The other nominees to the board are Charles Schwab, the founder of a stock brokerage that still bears his name, and H. Lee Scott Jr., the former CEO of Wal-Mart Stores Inc. Yahoo Inc. CEO Marissa Mayer is on Wal-Mart's board.
eBay rose$. 79 or 1.5 percent, to $54.69. Groupon Inc. rose$. 02 or. 3 percent, to $7.10. LinkedIn Corp. rose$. 92 or. 5 percent, to $171.82.
US stocks rose Wednesday after better-than-expected earnings from Yahoo.
*Yahoo rallies after results; BofA falls. NEW YORK, April 16- U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. King Digital Entertainment Plc, up 60 cents to $18.03. Yelp Inc., up $2.74 to $65.80.
NEW YORK, April 16- U.S. stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low. Yahoo's shares rallied, giving a boost to the S&P 500.. The Nasdaq Composite Index jumped 52.06 points, or 1.29 percent, to close unofficially at 4,086.23.
*Prices fall as China growth beats expectations, stocks rise. NEW YORK, April 16- U.S. Better-then-expected growth in China, the world's largest economy, and a rally in Yahoo shares helped stocks rise for a third straight session.
Neil Doshi, CRT Capital internet analyst, makes the bull case for Yahoo sans Alibaba.
Cisco Systems Inc. rose. 6 percent to $23.03 with 30,873,300 shares traded. Comcast Corp. rose 1.6 percent to $49.17 with 20,014,400 shares traded. Facebook Inc. rose 1.1 percent to $59.72 with 76,473,700 shares traded.
eBay rose$. 50 or. 9 percent, to $54.40. Groupon Inc. fell$. 03 or. 4 percent, to $7.05. LinkedIn Corp. fell $1.46 or. 9 percent, to $169.44.
*China's growth slows, but exceeds median forecast. NEW YORK, April 16- U.S. stocks rose for a third straight session on Wednesday after data showed China's economic growth exceeded expectations and U.S. industrial production rose for a second straight month.
*European shares rebound, Wall Street rallies, Yahoo shines. Wall Street rallied for a third straight day. The relief rippled through Asian markets then spread to Europe and Wall Street.
Alibaba's growth accelerates, and fueled Yahoo's surge. The FMHR traders debate the play on Yahoo.
European shares closed higher on Wednesday, as better-than-expected Chinese growth data and a slew of earnings releases buoyed sentiment.
Stocks are moving higher for a third day in a row after more U.S. companies report solid earnings and on encouraging news about China's economy. Yahoo rose 6 percent after the Internet pioneer said it was benefiting from its lucrative investments in Asia.
SAN FRANCISCO, April 15- Yahoo Inc again posted anemic quarterly revenue growth as the Internet company's advertising business continues to lag its rivals, nearly two years into Chief Executive Officer Marissa Mayer's comeback effort.
Peter Kafka, Re/code senior editor, weighs in on Yahoo's quarterly earnings and shares his expectations for Alibaba's IPO debut. CNBC's Jon Fortt, discusses.
April 16- Yahoo Inc's shares rose as much as 9 percent in heavy trading on Wednesday, a day after Chinese internet company Alibaba Group Holding Ltd, in which it holds a 24 percent stake, reported a surge in quarterly revenue. At least nine brokerages raised their price targets on Yahoo's shares ahead of Alibaba's IPO filing, expected next week.
CNBC's Jim Cramer has a bold message for portfolio managers looking for growth in a volatile market: sell everything and buy Alibaba.