Reuters - Video

EDITION: U.S. | U.K. | IN

Breakingviews

Breakingviews: The why in Yahoo

Wednesday, Apr 16, 2014 - 02:38

April 16 - As Chinese internet giant Alibaba, about a quarter of which is owned by Yahoo, prepares to go public, Breakingviews columnists wonder if the U.S. company's earnings will much matter anymore.

▲ Hide Transcript

View Transcript

Bristol-Myers got a great lengths to make Yahoo! hip began -- just had results yesterday -- novel that inspired. But the question is a matter anymore probably got. Yeah there's actually disputed -- of business just detail on the dog and that there -- overseas investments. If you look at Alibaba which had phenomenal results yesterday that -- their quarterback. They -- their earnings that just incredible pace or operating margins keep on increasing to 50% and they're still rising. Yahoo! has a stake of about 24%. It's equivalent to. Probably about 60% of the company and Alibaba were expecting to. -- file to go public any day now I -- I mean this is a village seeing family unit. Colleagues and a's who have cinema -- -- -- take -- -- -- -- Butler and I -- a second connection to a hundred billion dollars clinic -- public invited light switch may now be lights of this league and a couple of analysts reports just now out of -- -- having seen the Q4 Alibaba numbers say well they really 15060. Billion. And you know that that number -- was just mentioning it 60% of Yahoo!'s market -- being in the Alibaba stake would be. Considerably higher if it's economic as we would that we were using 130 billion and they have a sale of other stakes global water is all about going public change the calculus perhaps on the the relevance of the young. Well what happens though there's now there's no way to invest in Alibaba except if you -- -- killing Yahoo! -- essentially own. Alibaba but it's it's that kind of a back door deluded way of doing it you know if you've got the chance on this pure play units of the company itself. Why would you bother owning a company that Yahoo! especially because they're selling down their stake in the IPO that nestled down about ten percentage points mistake I cut in half. That means that he has got a lot of cash in the books are probably Indies meet some silly acquisitions and assets in why would you rather have that and if you. And it's so that's a bad thing accompaniment I think to be fed and assigns in this -- -- that. Yahoo!'s businesses turning around a little bits that in a -- of them sort of flat down it's sort of flat teach -- Which is and it certainly improve right right but you know if you factor out the values of indices stakes which is -- -- -- much small piece of Yahoo! Japan. The mostly valued piece of yardage. Then. Wind Siri what's left VOA's businesses maybe six billion dollars and -- of that Data Co. went without that these other states it's not that big event. Business to -- Where are we may have a better idea about this next week will keep an -- -- and we'll be back with more breaking -- tomorrow.

Breakingviews: The why in Yahoo

Wednesday, Apr 16, 2014 - 02:38

Top News »

Investing 201 »

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

The better bond funds The better bond funds

Wed, Aug 07, 2013 - (2:40)

Best bargain in 40 years? European stocks Best bargain in 40 years? European stocks

Thu, Aug 01, 2013 - (2:24)

Invest like an activist Invest like an activist

Fri, Jul 26, 2013 - (2:49)

Money Clip »

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

“Stalking” your dream home - Money Clip “Stalking” your dream home - Money Clip

Wed, Mar 27, 2013 - (2:50)

3 hidden tax deductions - Money Clip 3 hidden tax deductions - Money Clip

Thu, Mar 21, 2013 - (1:33)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)