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Yahoo's display and search advertising revenue fell in Q1. Nick Bilton, The New York Times columnist, and Jon Steinberg, The Daily Mail North America CEO, discuss.
What to make of Yahoo's disappointing first quarter results, with Scott Kessler, S&P Capital IQ. Kessler has a "hold" on the stock.
eBay rose$. 05 or. 1 percent, to $56.46. Google Inc class A fell$. 36 or. 1 percent, to $542.57. Groupon Inc. fell$. 03 or. 4 percent, to $7.10.
Some of the names on the move ahead of the open.
*EMC Corp dropped 2.2 percent to $25.75 as the data storage equipment maker cut its full-year forecast, citing the strong dollar. *Yahoo shares were up 1.3 percent at $45.07 after the company said it had hired advisers to determine the "most promising opportunities" for its stake in Yahoo Japan. *Broadcom rose 6.4 percent to $46.80 after the wireless chip maker...
Eric Sheridan, UBS managing director, weighs in on Yahoo's big earnings miss and whether Marissa Mayer's turnaround strategy is working.
FRANKFURT, April 22- Nokia's maps business has drawn interest from at least four potential buyers including Facebook and a consortium of German carmakers BMW, Audi and Daimler, a German magazine reported on Wednesday. Hellman& Friedman, BMW, Audi and Daimler were not immediately available for comment. Finland's Nokia said last week it had started a strategic...
Asian stocks traded higher across the board on Wednesday, with bourses in Japan and Shanghai closing at new multi-year highs.
WASHINGTON— Almost no one is moving to San Francisco to save money. But average home rent has jumped nearly 15 percent in the past year— to $3,129 last month— according to real estate data firm Zillow. Over the 12 months that ended in March, rents nationally climbed a seasonally adjusted average of 3.7 percent nationally, Zillow reported Wednesday.
Bob O'Donnell, founder and chief analyst at Technalysis Research, says Yahoo's first-quarter earnings still point to several unresolved "big questions."
Yahoo announced it is looking at cashing in on Yahoo Japan, which could be worth almost $9 billion before tax, news that boosted Yahoo's stock price.
SAN FRANCISCO, April 21- Yahoo Inc announced it is looking at cashing in its stake in Yahoo Japan Corp, which could be worth almost $9 billion before tax, news that boosted Yahoo's stock price. The advisers will help Yahoo "determine the most promising opportunities to maximize value" for the Yahoo Japan stake, said Mayer. Yahoo owns about 35 percent of Yahoo Japan...
Larry Haverty, portfolio manager of Gabelli Funds, says Yahoo's president and CEO Marissa Mayer articulated "a way to get out of the box" for the first time.
Jason Moser, analyst at The Motley Fool, says the first-quarter earnings met Yahoo's own expectations and advises investors to be patient with the company's turnaround.
The "Fast Money" traders give their final trades of the day.
Yahoo reported a first-quarter miss on earnings and revenue on Tuesday afternoon.
eBay rose$. 35 or. 6 percent, to $56.42. Google Inc class A fell $1.61 or. 3 percent, to $542.93. Groupon Inc. fell$. 12 or 1.7 percent, to $7.13.
April 21- Yahoo Inc missed Wall Street's revenue and profit forecasts as slight growth in its online advertising businesses was outweighed by higher payments to websites which send readers to Yahoo. Yahoo Chief Executive Marissa Mayer has revamped products and acquired a string of companies in the past two years, without reviving revenue growth.
Check out the companies making headlines after the bell Tuesday: Amgen, Yahoo, Chipotle & more.
Aaron Kessler, Raymond James senior Internet analyst, weighs in on the core business of Yahoo after the company missed on Q1 earnings estimates.