Many Strategic Questions Remain for Yahoo! (YHOO) Following Abandonment of Alibaba Spin - Cowen
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SunTrust's Peck Ups Yahoo's (YHOO) PT to $45; Sale Likely
December 10, 2015 7:55 AM ESTSunTrust Robinson Humphrey analyst, Bob Peck, raised his price target on Yahoo! (NASDAQ: YHOO) to $45 from $40. He thinks yesterday's statement that the company was suspending the Aabaco spin-off means the sale of the core or a sale of the company is now... More
RBC Capital's Mahaney 'Neutral' on Yahoo! (YHOO) Spin-Off Development
December 9, 2015 12:48 PM ESTRBC Capital analyst Mark Mahaney is neutral on Yahoo's (NASDAQ: YHOO) announcement that is suspending its plan to spin off the companys remaining holdings in Alibaba and will now focus on other options, including a potential reverse spin off.
"We view this latest... More
Citi Downgrades Yahoo! (YHOO) to Neutral
December 9, 2015 10:54 AM ESTCiti downgraded Yahoo! (NASDAQ: YHOO) from Buy to Neutral.
For an analyst ratings summary and ratings history on Yahoo! click here. For more ratings news on Yahoo! click here.
Shares of Yahoo! closed at $34.85 yesterday.
... More3 Tax Free Ways to Monetize Yahoo! (YHOO) - SunTrust's Peck
December 9, 2015 8:54 AM ESTSunTrust Robinson Humphrey Buy Yahoo! (NASDAQ: YHOO) price target of $40.00
SunTrust Robinson Humphrey analyst, Bob Peck, took a victory lap after Yahoo! (NASDAQ: YHOO) announced today that it is pausing the spin of Alibaba shares, and instead, considering other alternatives. Peck has made against the grain calls highlighting extremely high tax rates... More
Yahoo! (YHOO) to Suspend Alibaba (BABA) Asset Spin; Will Evaluate Alternative Transactions
December 9, 2015 7:00 AM ESTYahoo! Inc. (NASDAQ: YHOO) announced that its Board of Directors, after careful review and consideration of how to best drive long-term value for shareholders, has unanimously decided to suspend work on the pending plan, announced in January of 2015, to spin off the companys remaining holdings in Alibaba Group Holding Limited (NYSE: BABA). The Board will now evaluate alternative transaction structures to separate the Alibaba stake, focusing specifically on a reverse of the previously announced spin transaction.
In the reverse spin off, Yahoos assets and... More
