Key Developments: Yahoo! Inc (YHOO.O)

YHOO.O on Nasdaq

38.65USD
22 Sep 2014
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Latest Key Developments (Source: Significant Developments)

Yahoo! Inc Must Roll Out Microsoft Corp's Bing In Taiwan, Hong Kong-Reuters
Monday, 21 Oct 2013 06:12pm EDT 

Reuters reported that a U.S. judge refused to let Yahoo! Inc delay using Microsoft Corp's Bing search capabilities in Taiwan and Hong Kong, affirming an arbitrator's decision in favor of Microsoft. Yahoo and Microsoft had agreed in 2009 to merge their search capabilities internationally to better compete with Google. The ruling came from U.S. District Judge Robert Patterson Jr. in New York.  Full Article

Yahoo! Inc Issues Q4 2013 Guidance Below Analysts' Estimates; Lowers FY 2013 Guidance-Conference Call
Tuesday, 15 Oct 2013 09:00pm EDT 

Yahoo! Inc announced that for the fourth quarter of 2013, it expects revenue ex-TAC to be in the range of $1.18 billion to $1.22 billion. Adjusted EBITDA to be between $400 million and $420 million, and non-GAAP operating income to be between $240 million and $260 million. For fiscal 2013, its ranges are, revenue ex-TAC to be in the range of $4.4 billion to $4.45 billion. Adjusted EBITDA to be between $1.48 billion and $1.5 billion, and non-GAAP operating income to be between $840 million to $860 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $1.25 billion, EBITDA of $487 million and EBIT of $331 million for the fourth quarter of 2013; revenues of $4.48 billion, EBITDA of $1.59 billion and EBIT of $933 million for fiscal 2013.  Full Article

Yahoo! Inc Appoints Chairman-Reuters
Saturday, 17 Aug 2013 06:45pm EDT 

Reuters reported that Yahoo! Inc said it appointed Maynard Webb as Chairman, replacing Fred Amoroso at the Company, which is struggling to jumpstart its advertising business. Webb, who has served as interim chairman since April.  Full Article

Perion Network Ltd Announces Search Agreement With Yahoo! Inc
Monday, 12 Aug 2013 07:01am EDT 

Perion Network Ltd announced it has entered into, and launched, a multi-year search and distribution relationship with Yahoo! Inc. Perion's easy-to-use, search services are also powered by Yahoo!, enabling the Company to further diversify and optimize its search business. Through this agreement, Yahoo!'s search marketplace and search experience is available to Perion's loyal customer base.  Full Article

Yahoo! Inc Announces Repurchase of 40 Million Shares Held By Third Point
Monday, 22 Jul 2013 09:18am EDT 

Yahoo! Inc. announced that it has entered into an agreement to repurchase 40 million shares of Yahoo! common stock beneficially owned by Third Point LLC (Third Point), at a purchase price of $29.11 per share. The purchase price equals the closing price of Yahoo! common stock on July 19, 2013.  Full Article

Yahoo! Inc Acquires Beijing-Based Company Ztelic-DJ
Thursday, 18 Jul 2013 02:39pm EDT 

Dow Jones reported that Yahoo! Inc has acquired a small Beijing-based company, Ztelic, that analyzes social-network data. Terms of the deal were not disclosed.  Full Article

Yahoo! Inc Acquires Mobile Ad Tech Startup Admovate-DJ
Wednesday, 17 Jul 2013 12:00pm EDT 

Dow Jones reported that Yahoo! Inc announced it acquired Admovate, a mobile advertising startup. The acquisition, Yahoo said, is part of its ongoing efforts to invest in the Company's ad tech platforms, Apt, Genome, and Right Media, as well as another in a string of mobile-focused acquisitions for the Company under the leadership of Marissa Mayer. Admovate's team will join Yahoo's display ad team in Sunnyvale, California. Terms of the deal were not disclosed.  Full Article

Yahoo! Inc Issues Q3 2013 Guidance Below Analysts' Estimates; Lowers FY 2013 Guidance-COMPLETE STORY
Monday, 15 Jul 2013 08:00pm EDT 

Yahoo! Inc announced that for the third quarter of 2013, it expects ex-TAC revenue to be in the range of $1.060-$1.100 billion, GAAP revenue to be between $1.120-$1.170 billion, adjusted EBITDA to be between $330-$350 million and Non-GAAP operating income to be in the range of $165-$185 million. For fiscal 2013, it expects ex-TAC revenue to be in the range of $4.450-$4.550 billion, GAAP revenue to be between $4.690-$4.820 billion, adjusted EBITDA to be between $1.550-$1.650 billion and Non-GAAP operating income to be in the range of $900-$1.000 billion. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $1.120 billion, EBITDA of $406 million for the third quarter of 2013; revenues of $4.533 billion, EBITDA of $1.655 billion for fiscal 2013.  Full Article

Yahoo! Inc Acquires Xobni For Upwards Of $30 Million-DJ
Wednesday, 3 Jul 2013 03:41pm EDT 

Dow Jones reported that Yahoo! Inc said it has bought Xobni, as AllThingsD.com had previously reported it was planning to do. According to numerous sources close to the Company, Yahoo paid $30 million to $40 million for the maker of address book apps and plugins.  Full Article

Yahoo! Inc Buys Mobile App Co Qwiki-Reuters
Tuesday, 2 Jul 2013 08:29am EDT 

Reuters reported that Yahoo! Inc said that it will buy Qwiki Inc, a mobile app for creating videos in Apple Inc's iPhone. The Company paid about $50 million for the deal, tech blog AllThingsD cited sources as saying. Terms of the deal however were not disclosed.  Full Article

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