Yahoo! Inc
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Yahoo's board has agreed to buy Tumblr, the popular blogging service, for about $1.1 billion in cash, a person with knowledge of the agreement told The New York Times.
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**ARUBA NETWORKS INC, $17.18, down 22 pct. **RUCKUS WIRELESS INC, $14.51, down 23 pct. **MERU NETWORKS, $4.25, down 10 pct.
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SAN FRANCISCO, May 7- Microsoft Corp extended the revenue guarantee it provides to Yahoo Inc in the companies' underperforming search partnership, Yahoo said on Tuesday. Extension of the search revenue guarantee marks Yahoo's first agreement with Microsoft since Marissa Mayer became Chief Executive of Yahoo in July.
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SAN FRANCISCO, May 7- Microsoft Corp extended the revenue guarantee it provides to Yahoo Inc in the companies' underperforming search partnership, Yahoo said on Tuesday. Extension of the search revenue guarantee marks Yahoo's first agreement with Microsoft since Marissa Mayer became Chief Executive of Yahoo in July.
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eBay fell$. 54 or 1.0 percent, to $53.55. Google fell $4.78 or. 6 percent, to $856.77. Groupon Inc. rose$. 04 or. 7 percent, to $5.50.
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*Stifel raises price target to $31 from $27; rating buy. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
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*Supporters drive for lopsided Senate approval. WASHINGTON, May 6- The U.S. Congress this week opens its first debate in six years on a comprehensive immigration reform bill, testing whether business and labor groups can hold together on a delicately crafted deal that already is under attack.
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Loeb's Third Point Offshore fund was helped by bets on Yahoo Inc. and Greek government bonds in April, according to the note. Other winning trades included a Japan macro position, insurance company American International Group and Japan Tobacco.
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May 6- The following are the top stories on the New York Times business pages. *ISS, a shareholder advisory firm, has recommended that investors withhold their support for three JPMorgan directors.
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Saying no to Yahoo's bid to take a majority stake in French online video website Dailymotion does not mean the French government is anti-business, the country's foreign minister told CNBC.
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PARIS, May 5- There is no need for France Telecom's Dailymotion, an online video-sharing website, to remain wholly French-owned, and all options must be studied, the junior minister for digital economy, Fleur Pellerin, told French media on Sunday.
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PARIS, May 5- France Telecom's Dailymotion, an online video-sharing website, must not remain exclusively French and all options need to be studied, the junior minister for digital economy, Fleur Pellerin, told French media on Sunday.
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May 3- Colony Capital, the $27 billion U.S. investment fund attracting controversy in France over its involvement in Carrefour and Accor, will invest up to 1.5 billion euros in Europe on a bet the business climate will soon improve.
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PARIS, May 3- Entertainment group Vivendi. A consortium made up of Iliad founder Xavier Niel, Lazard banker Matthieu Pigasse and industrialist Pierre Berge has also made a bid, although at a much lower price than previously offered by U.S.-based web portal Yahoo, the website said.
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NEW YORK, May 3- At first blush the two leading U.S. stock exchanges won a sweeping victory this week in a long-running legal battle over market data- the stock quotes, share prices and other trading information that are highly prized in the electronic marketplace.
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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May 1- Facebook Inc's mobile advertising revenue growth gained momentum in the first three months of the year as the social network sold more ads to users on smartphones and tablets, partially offsetting higher spending which weighed on profits.
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May 1- Facebook Inc's mobile advertising revenue growth gained momentum in the first three months of the year as the social network sold more ads to users on smartphones and tablets, partially offsetting higher spending which weighed on profits.
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PARIS, May 2- France Telecom on Thursday castigated the government, its largest shareholder, for derailing its plan to sell a majority stake in video-sharing website Dailymotion, reigniting debate about state interference in the French economy.
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**Goldman Sachs Group Inc affiliate plans to spend $743 million to buy Ebix Inc, an insurance software provider that has been a target of allegations from short-sellers about inaccuracies in its financial statements.
