Search results for Yahoo
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Posted
Jan 29 2008, 01:31 PM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
Tech's favorite punching bag is taking another beatdown today with declining earnings and disappointing guidance. And that means it's time to buy. Yep, I'm talking about Yahoo, whose shares came dangerously close to a 52-week low in late trading after reporting that Q4 profit dropped to 15 cents a share from 19 cents a year earlier. And while that's bad, at least it was better than the paltry 11 cents a share analysts were expecting. Yahoo sales were solid, with revenue rising 8% to 1.8 billion. Taking out shared-partner ad sales, its revenue was $1.4 billion, which is what analysts expected.
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Posted
Feb 13 2008, 05:04 PM
by
Charley Blaine
Rating:
Money Blog: Top Stocks Blog - MSN Money
In the wake of Yahoo's rejection of Microsoft's $31-a-share, or $44.6 billion, takeover offer, there's been much speculation about what price Yahoo might accept from Microsoft. (Microsoft is the publisher of MSN Money.)
The figure of $40 a share was mentioned in several news reports last weekend. An Associated Press report cited a source close to Yahoo who said that Microsoft had offered $40 in February 2007.
Bill Miller, the manager of the Legg Mason Value Trust mutual fund, mentioned it in his quarterly letter to the fund's shareholders, released on Tuesday: "It has been reported that MSFT has been discussing a combination with YHOO for well over a year, and that it had been prepared to pay over $40 per share previously."
Legg Mason is Yahoo's second-largest shareholder, and Miller believes Microsoft should boost its bid.
So, at what point does a company have an obligation to report an offer and a dollar figure to its shareholders? And, more important, were Yahoo's shareholders poorly served by the decision not to disclose Microsoft's offer?
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Posted
Dec 19 2007, 03:52 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
This year has been a disaster for some tech companies. Oh sure, it's been a fabulous ride for Apple, Amazon and Google.
But this post is about the losingest losers out there. The train wrecks. The Lindsay Lohans of technology. Here are the companies, and their "oops" moments, that made 2007 memorable:
Yahoo
Share performance: Down 30% since the end of October.
Oops moment: Launching a public soul-searching in the form of a 100-day self-examination to craft a strategic plan.
What happened: The 100 days ended with no big announcements. Yahoo is too large and too laden by its own bureaucracy to be nimble. What's more, the company lost valuable search market share to Google this year.
Chance of recovery in 2008: Moderate. Yahoo is overhauling some core services, including e-mail and photo, but has been unable to monetize a user base that numbers some 475 million. Lots more work to do.
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Posted
Feb 01 2008, 07:40 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
So Microsoft knocked on Yahoo's door this morning, proposing marriage and holding a $44.6 billion bouquet to seal the deal. The unsolicited offer amounts to $31 a share -- a 62% premium above Yahoo's stock price yesterday. In a letter to Yahoo's board, Microsoft CEO Steve Ballmer says that the online business of the two companies could combine "to create a more effective competitor in the online marketplace." In other words, it's all about Google. That pesky search engine company has become an industry giant, gaining marketshare and revenue and rolling out new online services all the time. If we can't beat Google separately, Ballmer says, let's join together and crush it!
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Posted
Jun 20 2008, 10:24 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
Nearly every day this week has brought news of another executive jumping ship at Yahoo. Today add one more to the list: Joshua Schachter, the founder of a bookmarking service called delicious that Yahoo acquired in 2005. TechCrunch interviewed Schachter and found he was frustrated with the slow development of a new version of delicious at the company.
Other departures this week include the co-founders of the Flickr photo service, a senior vice president and two executive vice presidents. (TechCrunch is keeping a list of executive resignations). Each of these departures is a blow, but taken as a whole they signal something far more serious. The people running the show are panicking.
These are the guys on the inside, the ones who know exactly where Yahoo is right now and where it's headed.They've sat in on the strategy sessions, the PowerPoint presentations and the planning meetings. They are the insiders. And they don't like what they see.
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Posted
Feb 29 2008, 03:22 PM
by
Charley Blaine
Rating:
Money Blog: Top Stocks Blog - MSN Money
How bad have the first two months of 2008 been? Bad. January and February were the worst-ever opening two months for the Standard & Poor's 500 Index and the Nasdaq Composite Index. The Dow Jones Industrial Average wasn't much better.
The advice investors should take away from the numbers: Be patient for a bottom. Be very patient. The odds that the market will recover completely by year-end aren't great, if only because it will take a long time to solve all the problems facing the banking system and the credit markets.
(For some perspective, check Barry Ritholtz's blog The Big Picture. Barry also likes to toss in fun cartoons and thoughts about everything from digital cameras to rock music. Also, check Floyd Norris' blog at the New York Times site.)
The Dow finished the first two months of the year down 7.5%. Since 1928, that's the blue-chip index's 6th-worst opening two months. The worst was 1933, when the index fell 14.3%. The next worst was 2000, when the Dow fell a combined 11.9%.
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Posted
Dec 10 2007, 03:46 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
 Boeing shut down its ambitious onboard WiFi project last year, saying that after six years of work it couldn't find enough airlines who would offer the service to its customers. The service, called Connexion, provided e-mail, Web and TV during flights, with costs that ranged from $15 for less than three hours to $30 for a full day. It was mainly offered on non-U.S. airlines, and people who used it raved. But analysts said the service, which cost $150 million a year to run, was only used by 1,000 people a day across 125 commercial planes.
Boeing was too hasty in killing Connexion. U.S. airlines are slowly embracing free WiFi service, hoping to lure customers who want to send e-mails and instant messages from 30,000 feet. JetBlue is launching its WiFi trial tomorrow on just one plane, becoming the first U.S. carrier to do so. American, Virgin and Alaska plan to roll out service next year.
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Posted
Feb 27 2008, 10:52 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
"I think it's a mistake. But I think Napoleon said never interrupt your enemy when they're in the middle of making a mistake." -- AOL chief exec Randy Falco on Microsoft's bid to acquire Yahoo in order to compete with Google.
More interesting quotes from the usually reserved Falco in this AdAge.com article.
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Posted
Feb 12 2008, 06:53 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
Firestone. American Motors. Texaco. Pan Am. Worldcom. These large American companies were once at the top of their industries. Pan Am was the leading global airline for decades. All are gone: Some were sold off, others went bankrupt. Who could have predicted it?
There are several iconic U.S. companies that may well not exist at the end of 2008. Some may not even make it halfway through the year. Not all will go out of business. Some may simply be auctioned off in pieces. Others may be bought. These companies will not exist in their current forms as they are known to their shareholders and consumers now.
When a company ceases to exist as an independent entity, it is not necessarily bad for shareholders. Some may be worth more in parts. Often a bust-up or merger is what brings owners the most money. Here are the big ones that probably won't make it. (A more detailed assessment is available at 24/7 Wall St.)
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Posted
Jun 30 2009, 03:49 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
Facebook is becoming one of the most dangerous places on the Internet. According to Reuters, “scammers break into accounts posing as friends of users, sending spam that directs them to Web sites that steal personal information and spread viruses.”
Since Facebook has, by some measures, more than 200 million members, the problem is extremely serious and could undermine the growth of the social network and cut into the time that current members spend on the site.
The cybercrime issue could also damage Facebook’s reputation with marketers, a reputation is just beginning to build in the hope of increasing its modest revenue by bringing in large national advertisers. Industry sources suppose that Facebook will lose a modest sum of money on $500 million of revenue this year, a tiny sum compared to the size of its audience.
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