Yahoo

Yahoo! Troubled web portal [YHOO] inks pact with Firefox

WASHINGTON, November 20, 2014 – Sources Thursday morning confirm that Yahoo! (YHOO) has cut a new deal with Firefox parent Mozilla to replace Google (GOOG) as its default search engine on Firefox in the U.S. Under continuing pressure from investors and vulture capitalists looking for a fat dividend from YHOO following it mega profits from ...

Monday’s markets await Election 2014, Alibaba [BABA] results

WASHINGTON, November 3, 2014 – We caught the press opening performance of the Folger Shakespeare Theatre’s new production of “Julius Caesar” last night, the first time we’ve seen this play in years. But nearly everyone who’s avoided a public high school knows that play’s famous warning: “Beware the Ides of March.” Caesar ignored that warning ...

AOL up 3.5 percent in active trading. To merge with Yahoo?

WASHINGTON, September 26, 2014 – Long rumored, reports are now surfacing that Jeffrey Smith’s activist investment firm Starboard Value LP is strongly urging Yahoo! (YHOO) to consider a “strategic combination” with AOL, aka America Online (AOL). Starboard, said to own a “significant stake” in YHOO, reportedly views such a combination as synergistic and a potentially ...

Post-Alibaba, stocks down hard today as bears return

WASHINGTON, September 23, 2014 – It’s another typical Blue Monday on Wall Street today, as traders attempt to recover from twin weekend hangovers caused by a trifecta of allegedly bullish news late last week. The Fed announced, more or less, that it wasn’t going to raise interest rates anytime soon. Scotland decided to remain in ...

Want shares of the Alibaba [BABA] IPO? Good luck with that…

WASHINGTON, September 12, 2014 – Warning: Long article ahead. If you’ll forgive the vulgar analogy, trading the market this week has been a little like getting sloppy seconds. No matter what position you undertake, it’s increasingly likely to disappoint. READ ALSO: Scotland and Alibaba [BABA]: Wall Street’s Wild West Friday News past, present and future ...

Fast and Furious: All eyes on Scotland, Alibaba [BABA] IPO

WASHINGTON, September 18, 2014 – It’s fast and furious out there on Wall Street, almost like last year’s action film of the same name. (No reference to the Eric Holder scandal that the press says never happened.) The Fed has already weighed in with its September Scooby-Doo style “Who, me?” report, confirming QE ends after ...

BREAKING: Fed QE ends in October, Alibaba [BABA] on deck

WASHINGTON, September 17, 2014 – It’s official. The U.S. Federal Reserve Bank is ending its QE bond-buying program in October as promised. But the eagerly hoped-for words “a considerable time,” remained in its statement today, assuring investors that interest rates would be going up, but not very soon. The market has been in turmoil over ...

Alibaba [BABA] creates more IPO shares. Facebook redux?

WASHINGTON, September 15, 2014 – Alibaba’s [BABA’s] incoming IPO really seems to have a head of steam going into its scheduled Thursday evening (September 18) pricing and Friday morning opening trading which will likely start quite late. But the Maven still doesn’t think you and I are going to get any of these shares, whatever ...

Stocks rally as annual Jackson Hole confab on tap this week

WASHINGTON, August 18, 2014 – Irrational exuberance has returned in force to Wall Street, at least for today. The DJI is up around 170 points as of 1 p.m. EDT, while the S&P 500 is up a healthy 15 points and the tech-heavy NASDAQ is up a whopping 39. It would be nice to say ...

Apple HQ at 1 Infinite Loop.

Apple [AAPL] analyst claims iPhone maker likely ‘obsolete’

WASHINGTON, July 24, 2014 – Another day, more nonsense, and heavy earnings reports en route. Stocks are up only a few points on all averages as of noonish today, making this just another summer doldrums afternoon on Wall Street. Likely bored with stocks’ meandering, the chattering classes spiced up the action this morning by trotting ...