Author Archives: Scalper1

Yahoo Reportedly Looking To Sell Undeveloped Site

Web portal Yahoo (YHOO) is looking for a buyer for a 48.6-acre undeveloped site that the struggling company owns in Santa Clara, Calif., the latest development capping a rough year that’s been marked by major cost-cutting and calls for significant layoffs and the resignation of Yahoo CEO Marissa Mayer. Yahoo doesn’t yet have a buyer for the site, located about four miles from Yahoo’s headquarters in nearby Sunnyvale, Calif., according a report in

Chip M&A Outlook Alive Amid Rising Rates, Says S&P

Cash-rich tech companies like Cisco Systems (CSCO), Intel and Microsoft will still have dry powder for takeovers; but those with speculative-grade credit ratings will be hard-pressed to make deals as interest rates rise, hiking borrowing costs for debt-funded deals, says Standard & Poor’s in a report. “We forecast lower leverage for U.S. speculative-grade tech companies because we anticipate that M&A and shareholder returns will be less attractive

Tesla Said Seeing ‘Extremely High Delivery Activity’

Electric car maker Tesla Motors (TSLA) is gunning to get vehicles delivered to meet its 2015 sales targets, and it just might hit the high end of its anticipated range of 50,000 to 52,000 Model S sedans and Model X crossovers. Holidays tend to be busy at companies run by entrepreneur Elon Musk, from getting cars onto boats for delivery and working production lines over Thanksgiving, Christmas and New Year’s — like a year ago at Tesla — to