By Michele Chandler http://www.investors.com/news/technology/list-of-yahoo-suitors-gets-longer-stock-up-on-price-target-boost/ Yahoo (YHOO) stock climbed for the fifth straight trading day on Tuesday amid chatter that China e-commerce giant Alibaba Group (BABA) might buy back the valuable stake Yahoo now holds in it, according to a media report. Rumors that Alibaba might buy back its stake from Yahoo have emerged before, although […]
By Michele Chandler http://www.investors.com/news/technology/list-of-yahoo-suitors-gets-longer-stock-up-on-price-target-boost/ A takeout seems inevitable for troubled Web portal Yahoo (YHOO), which is seeing its core business continue to weaken, according to a report on Monday by Mizuho. The Japanese bank handed Yahoo a price-target boost in anticipation of an acquisition, and Yahoo stock rose. Mizuho raised its price target on Yahoo […]
BY LUKE VILLAPAZ If you ask Wall Street, Yahoo Inc. is virtually worthless. But as the ailing web portal puts itself up for sale, at least seven major companies are vying to buy it, possibly for as much as $4 billion. Why? Deep in its garage-sale pile of unprofitable investments and slow-growth content properties, Yahoo has […]
Stocks (^DJI, ^GSPC, ^IXIC) are trading higher as Wall Street focuses on congressional testimony from Fed Chair Janet Yellen and a surprise drop in U.S. oil (OIL) inventories. Keith Bliss of Cuttone & Co. joins us live from the floor of the New York Stock Exchange to discuss the markets. To talk about some of […]
Training The Street’s president & founder, Scott Rostan discusses how the regulatory environment in banking for both U.S. and Europe has changed recently.
http://business.financialpost.com/news/transportation/hunter-harrison-is-the-key-to-canadian-pacific-railways-merger-plan-and-its-potential-flaw Kristine Owram, Financial Post Canadian Pacific Railway Ltd.’s takeover bid for Norfolk Southern Corp. rests on the assumption that CEO Hunter Harrison is a railroading Midas who turns everything he touches into gold. But as the ancient myth moralizes, this blessing can quickly turn into a curse. When Hunter Harrison retired as CEO of […]
by Tammy Whitehouse Auditors are reminding companies to take a close look at their accounts payable to be sure they haven’t inadvertently created debt that might alter leverage ratios and violate other loan covenants. As companies and their lenders have innovated in recent years in search of new ways to access working capital, structured payable […]
Robert Rostan, CFO and Princpal at Training The Street, says the nearly 2 percent rise in the stock on Monday suggests that the impact of the accounting probe is now behind Toshiba.
http://www.bloomberg.com/news/articles/2015-08-13/biggest-lbo-of-year-signals-appetite-may-be-growing-real-m-a By Brooke Sutherland Carlyle Group LP’s $8 billion purchase of Symantec Corp.’s data-management business shows big buyouts can still happen. The deal announced Tuesday was the largest private-equity takeover of a U.S. company so far this year. It may not hold that title through December. While the purchase price is a far cry from the record […]