Tag Archives: baba

Will Yahoo Board Cut Bait, Stop Spinoff, Sell Core?

Yahoo (YHOO) stock soared Wednesday on reports the company’s board is weighing whether to put the company up for sale, among other possibly drastic moves. The Wall Street Journal first reported that directors might reconsider whether to spin off Yahoo’s 15% stake in China e-commerce giant Alibaba Group (BABA) — the main value engine for struggling Yahoo. Directors also might opt to put the core search business up for sale, or sell other parts of

Facebook, Amazon Among 4 Big Caps Redefining Shopping

As Black Friday video footage at retailers continues to embarrass humanity, more people have opted to shop online. That has meant only good things for Internet stocks like Amazon (AMZN), Facebook (FB), Google parent Alphabet (GOOGL) and Alibaba (BABA), all of which have grown into multibillion-dollar giants. But despite their size, all of them still have potential for growth, and that’s why they’re the focus of the Screen of the Day, Big Cap

Yahoo Board Will Mull Sale Of Core Yahoo Business: WSJ

The Yahoo (YHOO) board of directors will beginning meetings Wednesday where they’ll discuss a possible sale of the ailing Internet giant’s core Internet businesses, or whether to go ahead with a planned Alibaba (BABA) spinoff into a separately traded company — or both — the Wall Street Journal reported, citing sources. Yahoo CEO Marissa Mayer has struggled to revive growth, and there’s growing concern that her efforts and expensive acquisitions