Yahoo! May Yet Reward Patience
- Loading Comments...
SAN FRANCISCO -- Another week, another tease for Yahoo! (YHOO Quote) investors.
The latest reason for hope came this past weekend when The Times of London reported Sunday that Microsoft(MSFT Quote) was in talks for a complex deal that includes Microsoft paying $20 billion for Yahoo!'s search business.
Considering that Microsoft had offered Yahoo! a mere $1 billion this summer for the same deal (a last-ditch stab at something after a full-on buyout was rejected), such a transaction would be the clearest path to boosting Yahoo!'s stock price, which hasn't closed above $12 in nearly four weeks.
Investment banking firm Collins Stewart issued a research note Monday suggesting a Microsoft search transaction would lift Yahoo! shares by $8 to $10. Yahoo! hasn't closed above $20 since Sept. 18. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,309.92 | 1,091.49 | 2,138.44 | 32.31 |
Oil *
77.12
|
|
DOWN
154.48
|
DOWN
19.14
|
DOWN
37.61
|
DOWN
0.48
|
10 Yr
3.23%
SPDR Gold
115.06
|
|
-1.48%
|
-1.72%
|
-1.73%
|
-1.46%
|
Data delayed 20 minutes |
Connect with TheStreet