Yahoo! (YHOO) Guides Q1 adj.-Revenue Below Expectations

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Yahoo! (YHOO) PT Raised to $69 at Credit Suisse

January 28, 2015 8:55 AM EST

Credit Suisse analyst S. Ju raised his price target on Yahoo! (NASDAQ: YHOO) to $69.00 (from $54.00) following Q4 results and plan for a tax-free spin of its Alibaba stake, but maintained a Neutral rating on the stock.

The firm updated revenue and Adj. EPS... More

Yahoo! (YHOO) Target Lifted to $59 at Evercore ISI

January 28, 2015 6:36 AM EST

Evercore ISI analyst Ken Sena boosted his price target on Yahoo! (NASDAQ: YHOO) to $59.00 (from $50.00) but maintained a Hold rating following earnings and the tax free spin-off its remaining Alibaba stake.

Sena commented, "Yahoo! announced a plan to tax-efficiently spin off BABA holdings, netting about $16 per YHOO shares in tax efficiency (assuming 40% tax rate). The result will be two... More

Yahoo! (YHOO) Plans Tax-Free Spin of Remaining Alibaba (BABA) Stake

January 27, 2015 4:07 PM EST

Yahoo! Inc. (Nasdaq: YHOO) announced management has recommended and the Board of Directors has authorized a plan for a tax-free spin-off of the companys remaining holdings in Alibaba Group (NYSE: BABA) into a newly formed independent registered investment company (SpinCo). The stock of the new company will be distributed pro rata to Yahoo shareholders, resulting in SpinCo becoming a separate publicly traded company.

Following the spin-off, Yahoo will continue to operate its core business... More

Yahoo! (YHOO) Tops Q4 EPS by 1c

January 27, 2015 4:06 PM EST

Yahoo! (NASDAQ: YHOO) reported Q4 EPS of $0.30, $0.01 better than the analyst estimate of $0.29. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.19 billion.

Reported Revenues:

Search:

GAAP search revenue was $467 million for the fourth quarter, an increase of 1 percent compared to the fourth quarter of 2013. GAAP search revenue was $1,793 million for the full year of 2014,... More