Cowen Trims PT on Yahoo! (YHOO) to $35; Q3 Earnings Mixed, Alibaba (BABA) Stake Sale to Move Forward

Piper Jaffray Raises Price Target on Yahoo! (YHOO) Following 3Q Results

October 21, 2015 8:10 AM EDT

Piper Jaffray reiterated an Overweight rating on Yahoo! (NASDAQ: YHOO), and raised the price target to $33.00 (from $32.00), following the company's 3Q15 earnings results. Yahoo! reiterated its plan to proceed with its Aabaco/Alibaba spin-off despite the IRS's decline to rule on the transaction. The company stated it still hopes to... More

Yahoo! (YHOO) PT, Estimates Cut at RBC Capital

October 21, 2015 7:53 AM EDT

RBC Capital analyst Mark Mahaney reiterated a Sector Perform rating and lowered his price target on Yahoo! (NASDAQ: YHOO) to $42.00 (from $47.00) in the wake of weaker than expected Q3 results.

The keys to the quarter, according to Mahaney: 1) Display Improving Grew 2%... More

Susquehanna Cuts Price Target on Yahoo! (YHOO) Following 3Q15 Results

October 21, 2015 7:22 AM EDT

Susquehanna maintained a Positive rating on Yahoo! (NASDAQ: YHOO), and cut the price target to $41.00 (from $43.00), following the company's 3Q15 earnings results.

Analyst Shyam Patil commented, "Core continues to languish. Lackluster search and other revenue caused revenue ex TAC to miss us and... More

Yahoo! (YHOO) Reports 1c EPS Miss; Needham & Company Reiterates Buy

October 21, 2015 6:49 AM EDT

Needham & Company reiterated a Buy rating and $40.00 price target on Yahoo! (NASDAQ: YHOO) following the company's 3Q15 earnings results. Non-GAAP EPS was reported at $0.15, below consensus' estimate of $0.16.

Analyst Laura Martin commented, "YHOO reported 3Q15 results yesterday, with GAAP Revenue... More

Mizuho Securities Downgrades Yahoo! (YHOO) to Neutral

October 21, 2015 6:24 AM EDT

Mizuho Securities downgraded Yahoo! (NASDAQ: YHOO) from Buy to Neutral with a price target of $37.00 (from $40.00) following mixed and lower third quarter results.

Analyst Neil Doshi commented, "After the YHOO 3Q earnings call, we came away with more questions and... More

Yahoo signs ad pact with Google; earnings and revenue miss

October 20, 2015 4:14 PM EDT

By Lehar Maan

(Reuters) - Yahoo Inc (NASDAQ: YHOO) said on Tuesday it had signed a search advertising deal with Google Inc, providing a potential boost to Marissa Mayer's efforts to turn around the company, which also reported revenue and profit that fell short of market estimates.

The deal with Google, a unit of Alphabet Inc (NASDAQ: GOOGL), builds on an existing search partnership Microsoft Corp (NASDAQ: MSFT) under which Yahoo gets a percentage of revenue from ads displayed on its sites.

... More

Yahoo! (YHOO), Google Enter Services Agreement

October 20, 2015 4:12 PM EDT

Yahoo! (NASDAQ: YHOO) disclosed the following on Tuesday night:

On October 19, 2015, Yahoo! Inc., a Delaware corporation (Yahoo), and Google Inc., a Delaware corporation (Google), entered into a Google Services Agreement (the Services Agreement). The Services Agreement is effective as of October 1, 2015 and expires on December 31, 2018. Pursuant to the Services Agreement, Google will provide Yahoo with search advertisements through Googles AdSense for Search service (AFS), web algorithmic search services through Googles Websearch Service, and image search services. The results provided by Google for these services will be available to Yahoo for display on both desktop and... More

Yahoo! (YHOO) Misses Q3 EPS by 1c

October 20, 2015 4:06 PM EDT

Yahoo! (NASDAQ: YHOO) reported Q3 EPS of $0.15, $0.01 worse than the analyst estimate of $0.16. GAAP revenue was $1.23 billion, with the consensus at $1.26 billion.

Business Highlights

In October, Yahoo announced the new, fully redesigned, more powerful Yahoo Mail app. In addition to snappy responses and quick transitions, the app can now manage outside email accounts and also features Yahoo Account Key, the Companys password-free sign-in experience that takes user convenience and security to the next level.In Q3, Yahoo introduced a new custom audience... More