Key Developments: Yahoo! Inc (YHOO.O)

YHOO.O on Nasdaq

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31 Jul 2015
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Latest Key Developments (Source: Significant Developments)

Yahoo! Inc to acquire Polyvore
5:00pm EDT 

Yahoo! Inc:Says following the closing of the acquisition, polyvore products and services will continue to operate.Says polyvore team will join respective Yahoo offices in Sunnyvale, San Francisco and New York.Says polyvore co-founder and CEO jess Lee will report directly to Simon Khalaf.Says purchase of social shopping site polyvore to enhance yahoo's consumer and advertiser offerings; to accelerate yahoo's mavens strategy.  Full Article

Yahoo! Inc Recommends Shareholders Reject "Mini-Tender" Offer by TRC Capital Corporation
Monday, 27 Jul 2015 04:00am EDT 

Yahoo! Inc:Says Recommends shareholders reject "mini-tender" offer by trc capital corporation.Received notice of unsolicited "mini-tender" offer by trc capital corporation to buy up to 3 million shares of co's common stock at $37.45 per share.Says "Yahoo does not endorse trc capital's unsolicited mini-tender offer and recommends that shareholders do not tender their shares".  Full Article

Yahoo! Inc Announces SEC Filing for Planned Spin-Off of Remaining Stake in Alibaba Group
Friday, 17 Jul 2015 04:51pm EDT 

Yahoo! Inc;:Says plan to spin off the company's remaining holdings in Alibaba Group Holding Limited into a newly formed independent, publicly traded, registered investment company.Says immediately after the spin-off, aabaco holdings will own approximately 384 million shares of Alibaba Group.Says spin-off is expected to be completed in the fourth quarter of 2015.After spin-off aabaco holdings will own about 384 million shares of Alibaba Group representing ownership interest of approximately 15% in Alibaba.Says the name selected for the new public company is aabaco holdings, inc.Says The spin-off is expected to be completed in the fourth quarter of 2015.  Full Article

Adslot signs partnership with Yahoo!
Wednesday, 8 Jul 2015 08:21pm EDT 

Adslot Limited:Announces that it has signed a partnership agreement with Yahoo!.Says the partnership allows Adslot to present Yahoo premium inventory to media buyers within Adslot’s workflow and trading platform.Says upon completion of an integration project, Adslot will be able to offer selected Yahoo premium inventory to media buyers in the United States.  Full Article

TouchPal Announces Strategic Partnership With Yahoo!
Thursday, 18 Jun 2015 09:23am EDT 

Yahoo! Inc:Says TouchPal signs a strategic partnership with Yahoo! Inc. that puts Yahoo's mobile search capabilities into the hands of TouchPal's Android users.  Full Article

Yahoo! Inc must face email spying class action - Reuters
Wednesday, 27 May 2015 02:08pm EDT 

Yahoo! Inc:A U.S. judge ordered Yahoo to face a nationwide class-action lawsuit accusing it of illegally intercepting the content of emails sent to Yahoo Mail subscribers from non-Yahoo Mail accounts, and using the information to boost advertising revenue - Reuters.U.S. District Judge Lucy Koh in San Jose, California said people who sent emails to or received emails from Yahoo Mail subscribers since Oct. 2, 2011 may sue as a group under the federal Stored Communications Act for alleged privacy violations.  Full Article

Yahoo! Inc gives Q2 2015 guidance in line with analysts' estimates - Conference Call
Tuesday, 21 Apr 2015 05:00pm EDT 

Yahoo! Inc:Expects Q2 2015 GAAP revenue in the range of $1.21 billion to $1.25 billion.Expects Q2 2015 revenue ex-TAC in the range of $1.01 billion to $1.05 billion.Expects Q2 2015 adjusted EBITDA in the range of $240 million to $260 million.Expects Q2 2015 non-GAAP operating income in the range of $90 million to $110 million.Q2 2015 revenue of $1.04 billion, EBITDA of $254 million and EBIT of $103 million - Thomson Reuters I/B/E/S.  Full Article

Yahoo! Inc withdraws remaining operations in China, laying off employees-WSJ
Thursday, 19 Mar 2015 05:27am EDT 

Yahoo! Inc:Is withdrawing its remaining operations in China, laying off between 200 and 300 employees and shutting down its Beijing research center-Wall Street Journal.The layoffs in China represent about two pct of Yahoo’s global staff of 12,500.  Full Article

Yahoo! Inc to Cut 100 to 200 Jobs, Mostly in Canada - WSJ
Friday, 13 Feb 2015 12:58am EST 

Yahoo! Inc:Is cutting between 100 and 200 employees, mostly in Canada - The Wall Street Journal.The layoffs, focused on employees in the company’s Canadian offices, would affect roughly 1 Pct of Yahoo’s world-wide staff of 12,500.The cuts follow the layoff in October of 400 employees, or about 3 Pct of Yahoo’s global staff.  Full Article

Yahoo! Inc gives Q1 2015 guidance below analysts' estimates - Conference Call
Tuesday, 27 Jan 2015 05:00pm EST 

Yahoo! Inc:Expects Q1 2015 GAAP revenue range of $1.11 billion to $1.15 billion.Expects Q1 2015 revenue ex-TAC in the range of $1.02 billion to $1.06 billion.Expects Q1 2015 EBITDA in the range of $200 million to $240 million.Expects Q1 2015 non-GAAP operating income in the range of $50 million to $90 million.Q1 2015 revenue of $1.10 billion, EBITDA of $311 million and EBIT of $158 million - Thomson Reuters I/B/E/S.  Full Article

Yahoo buys fashion website Polyvore

- Yahoo Inc said on Friday it agreed to buy fashion start-up Polyvore to help drive traffic and strengthen its mobile and social offerings.

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