1:05pm (EST) The bulls are adding to Monday’s gains as the market continues to recover from last Friday’s sell-off. There is no economic news out today and stocks are rallying following a number of good earnings reports. There are a couple of announcements we are watching after the bell todayRead more
Apple (AAPL), Yahoo (YHOO) on Deck
Market Pops Then Drops
Dow Having Trouble Holding 10,000
Wednesday’s Wake-Up Call
Weekly Wrap for 4/19/09
1. Commentary 2. Dendreon’s Next Move 3. Olin – Under the Radar 4. Earnings 5. Current Trades 6. Monday Morning Playbook 7. Closing Thoughts ************************************************** 1. Commentary The market extended its winning streak to six straight weeks although the gains were marginal. Still, the streak was in jeopardy after theRead more
Yahoo Shareholder Urges Sale
Yahoo (YHOO, $12.83, up $0.64) is trading higher this morning after one of the company’s largest shareholders has made a plea for the company to pursue a sale of its search unit to Microsoft (MSFT, $20.77, up $0.17). Ivory Investment Management owns a little over 21 million shares of Yahoo,Read more
Yahoo's CEO Steps Down
Yahoo Jumps Despite Google Changing Mind
Yahoo (YHOO, $13.92, up $0.57) was back in the news again on Wednesday. The stock had a strong day despite the fact that Google (GOOG, $342.24, down $24.70) backed out of its advertising outsourcing agreement with the company. At one point, Yahoo traded as high as $14.84. There were manyRead more
Breaking News: Yahoo Jumps on Microsoft Comments
Like Ike and Tina Turner, Microsoft (MSFT, $22.72, up $0.06) and Yahoo (YHOO, $13.39, up $1.64) can’t seem to stay away from each other. It seems Microsoft’s CEO, Steve Ballmer was quoted as saying a Microsoft acquisition of Yahoo would still “make sense economically.” I’ll bring you more on theRead more