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.

More Insiders' Blog

View Older Stories

Sep 29, 2014 04:15PM GoPro (GPRO) Said to Enter POV Footage Deal with NHL
Sep 29, 2014 01:52PM The Top 10 Wealthiest Americans
Sep 29, 2014 12:03PM GoPro (GPRO) Could be the Next Flip - Henry Blodget
Sep 29, 2014 11:39AM Foxconn Looks to Reduce Reliance on Apple (AAPL); Pushes for Stronger Smartphone Sales from Peers
Sep 29, 2014 11:19AM Microsoft (MSFT) Still Undecided on What to Call Windows 8 Successor
Sep 29, 2014 11:09AM Google (GOOG) Debuts New Mobile Ad Formats
Sep 29, 2014 10:02AM PIMCO to Bleed as Much as $60 Bilion Amid Gross Exit
Sep 29, 2014 09:48AM Microsoft (MSFT) Announces Launch of Xbox One in China
Sep 29, 2014 07:21AM Facebook (FB) Launches New Atlas Ad Platform
Sep 26, 2014 02:36PM Apple (AAPL) Sees Robust Demand as iPhone 6 Expands into 20 New Countries
Sep 26, 2014 08:29AM BlueCrest Capital Cuts Several U.S. Stock Traders Amid Weak Performance; Speculation Turns to GoPro (GPRO) Short
Sep 26, 2014 07:53AM AbbVie (ABBV), Abbott (ABT) Win Dismissal of AndroGel, Humira Racketeering Suit
Sep 26, 2014 07:33AM Apple (AAPL) iPhone 6 Sales Expand into 20 Additional Markets
Sep 26, 2014 07:28AM Apple (AAPL) Releases iOS 8 Update to Fix Prior Bugs
Sep 25, 2014 04:48PM Tesla (TSLA) Banned from Allowing Test Drives in Iowa
Sep 25, 2014 03:35PM FBI Director in Talks with Apple (AAPL), Google (GOOG) Over Privacy-Focused Technologies
Sep 25, 2014 03:16PM Apple (AAPL) Sued Over Allegations of Violating 13 SanDisk Patents
Sep 25, 2014 12:56PM Microsoft (MSFT) Debuts Groups in Office 365
Sep 25, 2014 12:33PM McDonald's (MCD) Debuts New Chicked-Based Chorizo Breakfast Burrito at Various Locations
Sep 25, 2014 12:08PM Yahoo! (YHOO) Issues Update on Transparency Report
Sep 25, 2014 08:01AM UPDATE: HTC Looks to Take Bite Out of GoPro (GPRO); New Device Set to Debut in October
Sep 25, 2014 07:29AM Apple (AAPL) Offers Workaround for iOS 8 Bug; Says Fix Coming Within Days
Sep 25, 2014 07:28AM CyberArk Software (CYBR) Adds to IPO Gains; Breaks Into Top 10 IPOs of 2014
Sep 25, 2014 08:01AM UPDATE: HTC Looks to Take Bite Out of GoPro (GPRO); New Device Set to Debut in October
Sep 24, 2014 02:20PM Apple (AAPL) Kept Costs in Check with Larger iPhone 6/6+ Handsets; Margins Expected to Remain Robust
Sep 24, 2014 11:42AM Pfizer (PFE) Looks to Remove 'Black Box' Warning from Chantix
Sep 24, 2014 09:22AM General Motors (GM) Sees Sales in China Topping 3M Units for Second Year
Sep 24, 2014 08:21AM Apple (AAPL) Acquires Digital Magazine Startup, Prss
Sep 23, 2014 12:54PM Alibaba (BABA) Options Still Expected September 29
Sep 23, 2014 12:26PM Microsoft (MSFT) Looks to Gain Market Share from Chromecast with Latest Device (GOOG)
Sep 23, 2014 07:29AM Apple (AAPL) iOS 8 Adoption Nears 50% After First Week of Availability
Sep 23, 2014 07:17AM Microsoft (MSFT) Sets Launch Date for Xbox One in China
Sep 23, 2014 06:52AM Alibaba (BABA) May Find Overseas Expansion Challenging
Sep 23, 2014 06:39AM Facebook (FB) Plans to Launch New Ad Platform This Week (MSFT) (GOOG)
Sep 22, 2014 04:52PM UPDATE: Apple (AAPL) Plans to Shutter Beats Music
Sep 22, 2014 04:52PM UPDATE: Apple (AAPL) Plans to Shutter Beats Music
Sep 22, 2014 03:35PM Apple (AAPL) iOS 8 Currently More Crash-Prone than Predecessor
Sep 22, 2014 03:21PM AT&T Inc (T) Goes After Cord Cutters with Latest U-Verse Package (AMZN)
Sep 22, 2014 02:52PM Genworth Financial (GNW) Gets Boost from Positive Mention
Sep 22, 2014 02:18PM Microsoft (MSFT) Indefinitely Delays Launch of Xbox One in China
Sep 22, 2014 11:08AM Microsoft (MSFT) Offers Free Office 365 to Qualified Students, Teachers
Sep 22, 2014 10:53AM Traders Should Be Especially Nervous This Week - Art Cashin
Sep 22, 2014 09:37AM BlackBerry (BBRY) Turnaround Taking Hold Amid Shift from Consumer to Enterprise
Sep 22, 2014 08:54AM Herbalife (HLF) Makes Stronger Push in D.C. Amid Increased Regulatory Scrutiny
Sep 22, 2014 06:47AM Yahoo! (YHOO) Acquires First Indian Tech Startup
Sep 19, 2014 03:23PM Sarepta Therapeutics (SRPT) Eteplirsen Dosing Said Delayed Until Oct./Nov.
Sep 19, 2014 02:05PM Tesla Motors (TSLA) Releases Software v6.0 Update
Sep 19, 2014 01:49PM NYSE Welcomes Alibaba (BABA) (In Pictures)
Sep 19, 2014 12:30PM Fed's Fisher Talks Alibaba, FOMC Meeting, More..
View Older Stories