Evercore ISI Downgrades AOL, Inc. (AOL) to Hold Amid Takeover
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AOL (AOL) Deal a Sign of 'Desperation' for Verizon (VZ), Macquarie Says
May 12, 2015 10:51 AM EDTMacquarie analyst Kevin Smithen weighed in on Verizon Communications (NYSE: VZ) after the company acquired AOL (NYSE: AOL) for $4.4 billion. The analyst said the move comes as Verizon arms for the video ad-tech battle versus Google and Facebook. He said the price tag was "hefty" and the deal shows signs of desperation for Verizon as its core wireless business comes under pressure... More
Cantor Fitzgerald Downgrades AOL, Inc. (AOL) to Sell; Deal Positive for Yahoo! (YHOO)
May 12, 2015 10:29 AM EDTCantor Fitzgerald downgraded AOL, Inc. (NYSE: AOL) from Buy to Sell following today's takeover by Verizon.
Analyst Youssef Squali commented, "We're downgrading AOL to SELL from BUY on the back of AOL's acquisition by Verizon for $50/sh in an all-cash transaction. Our... More
IAC/InterActive (IACI) on Watch on AOL/VZ Deal
May 12, 2015 7:19 AM EDTIn addition to Yahoo! (NASDAQ: YHOO), traders will be watching IAC/InterActive (NASDAQ: IACI) on news Verizon (NYSE: VZ) is acquiring AOL (NYSE: AOL) for $50 per share, or a 17.4% premium to yesterday's closing price.
... MoreTraders Eye Yahoo! (YHOO) Following Verizon's (VZ) Move to Acquire AOL (AOL)
May 12, 2015 7:07 AM EDTYahoo! (NASDAQ: YHOO) shares are on watch Tuesday following news that Verizon Communications (NYSE: VZ) will move to acquire AOL (NYSE: AOL) for $50 per share.
It had been speculated in recent... More
Verizon (VZ) to Acquire AOL (AOL) for $50/Share
May 12, 2015 7:01 AM EDTTaking another significant step in building digital and video platforms to drive future growth, Verizon Communications Inc. (NYSE: VZ) today announced the signing of an agreement to purchase AOL Inc. (NYSE: AOL) for $50 per share -- an estimated total value of approximately $4.4 billion.
Verizon's acquisition further drives its LTE wireless video and OTT (over-the-top video) strategy. The agreement will also support and connect to Verizon's IoT (Internet of Things) platforms, creating a growth platform from wireless to IoT for consumers and businesses.
AOL is a leader... More
CLSA Downgrades AOL, Inc. (AOL) to Sell
May 11, 2015 7:58 AM EDTCLSA downgraded AOL, Inc. (NYSE: AOL) from Underperform to Sell.
For an analyst ratings summary and ratings history on AOL, Inc. click here. For more ratings news on AOL, Inc. click here.
Shares of AOL, Inc. closed at $43.42 yesterday.
... MorePre-Open Stock Movers 05/08: (WLT) (SYT) (SEDG) Higher; (KEYW) (PLNR) (SFM) Lower (more...)
May 8, 2015 9:24 AM EDTWalter Energy (NYSE: WLT) 27.1% HIGHER; announced that on May 15 it will be making interest payments under its indenture agreements with holders of its 9.5% Senior Secured Notes due in 2019 and the 8.5% Senior Notes due in 2021.
NeoPhotonics (NYSE: NPTN) 26% HIGHER; Reported Q1 EPS of $0.13, $0.16 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $81.4 million versus the consensus estimate of $77.6 million.
... MoreCantor Fitzgerald Retains Bullish Views for AOL (AOL) Following Results
May 8, 2015 9:08 AM EDTCantor Fitzgerald reiterate their Buy rating for AOL Inc. (NYSE: AOL), with their price target set at $45, following a "Better-than-expected" 1Q15. AOL reported revenues of $625.1M. A 5.2% jump on the consensus of $594.3M. This being driven by a 12% growth in global advertising, as well as... More
