Out of the New Yahoo Search Deal, 2013 Alibaba IPO or Yahoo Japan Deal I want a new search deal most. Yahoo search is shrinking and their Asian investments are growing.
The $814 Million on preference stock states: The Alibaba Group Preference Shares yield semi-annual dividends at a rate per annum of up to 10 percent, with at least 3 percent payable in cash and the remainder accruing and resulting in an increase to the liquidation preference. That is $80M a year in earnings, or another $.50 on the stock.
Sentiment: Strong Buy
"The Year of YHOO" ??
1999 called; they want you to return the misplaced enthusiasm.
This little darling of an advertising driven media company is UP 100 % (or so) in three years since its last bottom. Not happy with that??
Not as good as NWSA (but far less sleaze) and about in line with TWX.
Don't let the SIC fool you; YHOO hasn't been a "tech" company for a long time.