Investors Could Reap Billions in Yahoo! (YHOO) Breakup Sep 30, 2014 11:48AM

Yahoo! (Nasdaq: YHOO) is positive Tuesday following commentary that investors could receive a windfall on a split.

Bloomberg notes that Yahoo!'s market cap could rise $11 billion should the company following suggestions from Starboard Value. Late last week, Starboard said Yahoo should sell its stakes in Alibaba (NYSE: BABA) and Yahoo! Japan and then merge with AOL (NYSE: AOL).

Yahoo! has made about $1.3 billion in acquisitions since 2012, which is when current CEO Marissa Mayer took the helm. Since the, EBITDA has fallen by almost half as revenue has also continued to slip. Some analysts think Yahoo! could move to $50 or up to $57 in a breakup.

SoftBank or Alibaba might also move to acquire Yahoo!, which is a suggestion not put forth by Starboard.

While AOL has a much smaller market cap than Yahoo!, all of Yahoo!'s value is being held in its Asia stakes. Gabelli sees Yahoo! at $51: $7.50 from Yahoo! Japan, $34 from the Alibaba stake, and $9 in cash.

You can view the full Starboard letter here. Yahoo! is up about 1.4 percent.


Cramer Says Cash Some GoPro (GPRO) Chips In Sep 30, 2014 08:55AM

Rising again early Tuesday (+3.3%), GoPro (NASDAQ: GPRO), arguably the hottest stock in the market, is on watch today as market pundit and notable bull Jim Cramer is telling people to cash in some chips.

As the old saying on Wall Street goes, "Bulls make money, bears make money, pigs get slaughtered."

Shares of GoPro are up 292% from its June IPO, including yesterday's nearly 11% move on the back of the launch of its HERO4.

Below are posts from Jim Cramer's Twitter account today on the stock:


Spotify Expands into Canada (P) Sep 30, 2014 07:50AM

Pandora Media (NYSE: P) is on watch as Spotify announced moving into a new market today. The following was posted at Spotify's official blog on Tuesday:

We’re excited to say hello to our new friends in Canada! Starting today, from Vancouver to Montreal to St. John’s and everywhere in between, fans have immediate access to:

  • An unbeatable music experience: listen to whatever music you want, whenever you want, on any device for free. Discover, organize and share. Offering amazing audio quality of up to 320kbps and with a sleek design, playing your favorite music never looked and felt this good.
  • Unrivalled music access: over 20 million songs at your fingertips and updated daily, mixing global hits with one of the most extensive Canadian music catalogues available including a comprehensive Quebecois library. Check out music from your friends and favorite celebrities. Add in our unbeatable music discovery and organization tools and Spotify has all your music needs covered.
  • Play your way: Download the Spotify app and listen to any song, album or artist, on any device on our fully licensed free tier. Shuffle play on mobile or play any song on tablet or desktop. Alternatively, upgrade to Spotify Premium for $10 CAD per month and enjoy the ultimate music experience: download and listen to you music offline, fully on-demand, without ads, in highest quality audio.


Samsung Plans Company-Wide Utilization of Microsoft (MSFT) Word Sep 30, 2014 07:39AM

Microsoft (Nasdaq: MSFT) is getting a big customer across the Pacific.

According to Yonhap News Agency, Samsung said it would switch to Microsoft Word for its office needs. The company has been using JungUm Global since 1994.

Phaseout of JungUm Global will begin with Samsung Electronics and progress through the rest of th company.

In a release issued Monday night, Samsung said, Since MS Word supports almost all operating systems, such as Windows, Android and Linux, our staff can also work in a smart manner through PC, smartphones, and tablets.

Shares of Microsoft are positive early.


U.S. Law Enforcement Aim to Reverse Apple (AAPL), Google (GOOG) User-Privacy Decision Sep 30, 2014 06:44AM

U.S. law officials are looking to reverse a recent move by Apple (Nasdaq: AAPL) and Google (Nasdaq: GOOG) to enhance user privacy features, effectively blocking police and other investigators from gaining access to the data.

Bloomberg noted that U.S. Justice Department and FBI officials are working to understand the new Apple iOS and Google Android systems, and whether or not the two companies could change encryption to make data accessible when court ordered.

You can read the full piece here. Shares of Google and Apple are positive in early trading Tuesday.


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