Some of the names on the move ahead of the open.» Read More
Sept 29- Yahoo Inc shares rose on Tuesday after the company said it would go ahead with the planned spinoff of its stake in Alibaba Group Holding Ltd despite the risk that the deal might not be tax free. Shares of Yahoo, which said this month that the U.S. Internal Revenue Service had denied its request for a private letter ruling on a possible tax-free deal, rose 3.6...
Asian shares plummeted on Tuesday, with commodity plays among the biggest casualties on the back of China-related worries.
Sept 28- Yahoo Inc said on Monday it would proceed with the planned spinoff of its stake in Alibaba Group Holding Ltd even though the IRS has declined to rule on whether the transaction would be tax free. Yahoo's shares rose 4 percent to $28.71 in extended trading. Based on Alibaba's Monday close of $59.24, Yahoo's 384 million shares of Alibaba are worth $22.75...
Sept 28- Yahoo Inc said it would proceed with the planned spinoff of its stake in Alibaba Group Holding Ltd even though the IRS has declined to rule on whether the transaction will be tax free. Yahoo's shares rose 4 percent to $28.71 in extended trading. The company said earlier this month the IRS had denied Yahoo's request for a private letter ruling on whether the...
Sept 28- Yahoo Inc said it would proceed with the planned spinoff of its stake in Alibaba Group Holding Ltd regardless of a favorable ruling from the U.S. Internal Revenue Service.
Perform Group to launch a livestreaming sports service. Major soccer leagues and the NFL have signed on.
Jim Cramer rattles off his take on caller favorite stocks, including this bank stock with great yield.
Agrilyst, an online platform that provides data analytics to greenhouse growers, took top honors at TechCrunch Disrupt's start-up pitch competition.
A year after becoming the largest initial public offering in history, shares of Alibaba may be in for a wild ride.
Two upstarts are making loads of money from the diversion of fantasy sports—while giving it away at the same time.
The inaugural Reuters Top 100 survey, published on Wednesday, places Stanford University in top spot, reflecting its position as a crucible for new ideas at the heart of Silicon Valley. Stanford alumni have gone on to create some of the world's biggest technology companies, including Hewlett-Packard, Yahoo and Google. South Korea has eight schools in the top 100...
Three senior executives have left Yahoo in the past few months. What's working, and what's not at Yahoo, with GoDaddy CEO Blake Irving.
Kevin Smith, Crescat Capital CEO & founder, explains why he remains bearish on China's currency and equities.
*Wall Street closed higher last week with the S&P 500 and Nasdaq composite posting their biggest weekly gain since July. *Growth in China's investment and factory output missed forecasts in August, raising the chances that China's third-quarter economic growth may dip below 7 percent for the first time since the global crisis. *Stocks have been volatile for the...
The "Fast Money" traders list what they're watching at the market open.
Sept 11- Yahoo Inc's media head, Kathy Savitt, has decided to leave, a company spokeswoman said. At Yahoo, Savitt spearheaded the company's brand marketing and audience engagement strategies, as well as editorial and video content across Yahoo News, Yahoo Finance and Yahoo Sports. Savitt, who is also Yahoo's chief marketing officer, will report to STX Chief...
CNBC's Julia Boorstin reports Yahoo Chief Marketing Officer Kathy Savitt is leaving Yahoo to take a position at STX Entertainment.
Sept 11- Yahoo Inc is planning a major shakeup in its media unit and the unit's top executive, Kathy Savitt, could lose her job, Re/code said, citing sources. Savitt is also Yahoo's chief marketing officer. Her job has been the topic of much discussion inside Yahoo for a while, Re/code reported on Friday.
The daily fantasy sports industry is eyeing a breakout season as NFL games begin.
Will Yahoo get hammered by the IRS, or is its core business worthless? At least one of these dour assumptions appears to be held by investors.