TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Yahoo to say it Is exploring 'strategic alternatives' after market close – DJ

2 pointsby skhatri11over 9 years ago
Yahoo (NASDAQ:YHOO) shares have jumped on news from Dow Jones that Yahoo will say it&#x27;s exploring &quot;strategic alternatives&quot; in its aftermarket earnings commentary today.<p>Shares were down as much as 4.9% and have leapt to just a 0.4% decline. It&#x27;s the strongest indication yet that the company will consider a sale of all or part of its Web business.<p>The board has a fiduciary duty to listen to offers, which could come from Verizon (NYSE:VZ) or from private-equity firms that have expressed interest in parts of the business.<p>Sales have fallen at Yahoo in seven of the past 10 quarters.

no comments

no comments