Yahoo’s earnings beat Wall Street expectations, but shares slipped in after-hours trading on a poor market forecast. The company posted earnings of 46 cents a share, beating estimates of 38 cents a share for the quarter, as income for the …
But Yahoo still must deal with one big question: By how much will its stock drop when the markets open on Monday? It’s almost beyond doubt that Yahoo’s shares will fall, and possibly by a lot. Many of its shareholders have sought relief …
That pushed Yahoo’s stock to $20.91 in after-hours trading — a four-year high (but still well below the $31 Microsoft offered the company back in 2008). Ms. Mayer attributed growth to a renewed focus on “people and products” in a call with …
(Coincidentally or not, Viacom stock shot up 4.7% the next day.) Jackson’s signature flourish, though, came with his first 99-pager, written on Yahoo and its CEO Marissa Mayer, and published Dec. 14. He said it took him two months of …