Yahoo shares rose early Wednesday despite the company reporting disappointing second-quarter results and narrowing its guidance range for the rest of 2008.The view on Wall Street appears to be that Yahoo’s results weren’t as bad as feared: “All in al
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Posted on July 23rd, 2008 by
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From AllThingsD, July 23, 2008:Is Microsoft about to make another move on Yahoo? Or perhaps on AOL?
Or maybe it is just getting ready to articulate its strategic plans for
getting serious about the online search business on its own at its
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Treasury Secretary Hank Paulson has been putting on a full-court press in the last 24 hours, making the case for his plan to shore-up Fannie Mae and Freddie Mac.”I would rather not be in the position of asking for extraordinary authorities to support
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The cheap dollar is helping to tease more investment out of a notoriously shy foreign investment pool - Japan’s insurance industry. In what would be the largest acquisition by a Japanese financial firm in the U.S., Tokio Marine said it plans to buy non-life insurer Philadelphia Consolidated Holding Corp for about $4.7 billion. Tokio Marine […]
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If for some reason you assumed that Yahoo’s deal with Carl Icahn would quiet the chatter about a deal, you were mistaken. The conference call to discuss quarterly earnings made that clear.
Past distractions, future possibilities, it was all there for listeners. The only problem is that for all the chatter on the call about deals, […]
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From Silicon Alley Insider, July 22, 2008:Results disappointing: Gross revenue lower half of range (weak), operating income light, EBITDA light, EPS light. Revenue and operating income guidance for year “narrowed” (high end of range reduced).Rev
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