Marissa Mayer

Breaking News about Marissa Mayer:

Yahoo May Acquire BrightRoll

Oct 22 2014 8:40am CDT | Source: bidness etc

Yahoo Inc. (YHOO) looks set to acquire BrightRoll, according to a report by TechCrunch. The report came on the same day as Yahoo’s earnings, where Marissa Mayer, Yahoo’s CEO, explained the company’s acquisition strategy. Reports suggest the two companies have already signed term sheets, with the deal being valued within the range of $700 million and $725 million, potentially reaching $1 billion. The deal has not yet been completed, with no set date currently mentioned. The move, if closed, wi ...
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Yahoo Posts Revenue, Earnings Growth

Oct 22 2014 5:23am CDT | Source: bidness etc

Yahoo! Inc. (YHOO) reported results for the third quarter of its 2014 fiscal year (3QFY14) yesterday after the closing bell. The company topped analysts’ estimates for earnings and revenue and provided a detailed explanation of future strategies in what many had termed a “must-win earnings call” for Yahoo’s management. Investors responded immediately, bidding the stock up 3.7% in extended trading. Q3 Results For the quarter ended September 30, Yahoo announce ...
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Yahoo Shares Rise As Mobile Revenues Help It Beat Q3 Earnings Expectations

Oct 21 2014 3:11pm CDT | Source: Deadline

Shares are up about 2.3% after CEO Marissa Mayer reported that the company had “a good, solid third-quarter” including about $200M in revenues from ad sales on mobile devices. Yahoo reported net earnings of $6.8B which includes $6.3B from the sale of some of its stock in Alibaba Group; the company had $297M in the period last year. Revenues at $1.15B are… ...
Full article at: Deadline


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Yahoo Q3 Earnings – What To Expect?

Oct 20 2014 10:27am CDT | Source: bidness etc

Yahoo! Inc. (YHOO) will report results for the third quarter of its 2014 fiscal year (3QFY14) on October 21. Latest reports from the Wall Street Journal suggest CEO Marissa Mayer is ready with a turnaround plan, which may be featured alongside the earnings release. This comes after the company came under immense pressure from investors, including Starboard Value LP, in the aftermath of the Alibaba Group Holding Ltd. (BABA) IPO. Street Expectations Analysts expect the comp ...
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Yahoo Investors Urge It To Spin Off Side Businesses, Sell Itself

Oct 7 2014 8:24am CDT | Source: bidness etc

Alibaba Group Holding Ltd (BABA) just had the biggest Initial Public Offering (IPO) in the history of the US market. This boded well for Yahoo! Inc. (YHOO), selling 122 million Alibaba shares and making $8.3 billion before tax. But the IPO also raised eye brows on Yahoo’s current valuation that marks Yahoo’s core business as almost worthless. A report from Bloomberg reveals that Starboard Value LP is expected to advise Yahoo’s CEO, Marissa Mayer, to rectify this situation. Sources revea ...
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Yahoo Beats Out Snapchat to Acquire MessageMe

Oct 4 2014 6:37am CDT | Source: bidness etc

Yahoo Inc. (YHOO) has acquired mobile messaging service MessageMe as confirmed by the startup. Yahoo, which was an early investor in Alibaba (BABA), has recently come out cash laden after the company’s successful IPO, which raised $25 billion in the largest IPO of all time. Following the successful IPO, which made Yahoo about $8 billion, company CEO Marissa Mayer announced that half of that cash will be returned to shareholders, leaving many to s ...
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What Can Yahoo Do Next?

Oct 1 2014 12:24pm CDT | Source: bidness etc

Yahoo! Inc. (YHOO) has to put the Alibaba Group Holding Ltd (BABA) IPO behind it and focus on its own growth strategy. The Sunnyvale, California-based company sold nearly 122 million Alibaba shares in the record offering, but still holds a 16.3% stake in the Chinese e-commerce giant. Despite reaping big gains from Alibaba’s listing, Yahoo shareholders are still not satisfied. This is because the company’s core bu ...
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Wal-Mart Adds Instagram CEO To Its Board

Sep 30 2014 8:19am CDT | Source: bidness etc

The world’s largest retail chain, Wal-Mart Stores, Inc. (WMT) has added Instagram CEO Kevin Systrom as its 15th and youngest member on the company’s board. This decision will be effective from Monday. Systrom, 30, is a graduate of Stanford University. He is an entrepreneur, engineer, and co-founder of Instagram, which was founded in 2010.  Instagram was sold to Facebook Inc (FB) in 2012 for $1 billion in cash and stock. At the time, Instagram was not ge ...
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