Yahoo (YHOO) stock rose Wednesday after the Internet giant late Tuesday disclosed plans to sell $1 billion in convertible notes and boost its share buyback plan by $5 billion. Yahoo stock was up more than 3% in morning trading in the stock market today, near 35.80. On Monday, Yahoo stock touched its highest price since January 2006, at 36.19. Yahoo says initial purchasers of the $1 billion in convertible debt have a 30-day option to buy an
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Yahoo Dealing In Billions: Boosts Share Buyback, Debt