Verizon: Hypothetically Thinking about Yahoo
January 28, 2016
I read “Yahoo! Rises on Pivotal Upgrade as Verizon Eyes Core Assets.” Much investment “news” relates to churn. You know when your financial advisor calls and suggests story A means buy or sell stock B. Churn. It keeps the commissions train running.
I found the news that Pivotal Research has put a happy face on the Yahooligans’ ticker symbol. The write up said:
Yahoo! Inc. shares rallied as much as 2% during pre-market hours today, after Pivotal Research analyst Brian Weiser bumped its rating from Hold to Buy. The upward revision was made ahead of the company’s fourth quarter of fiscal 2015 (4QFY15) earnings, scheduled for next week.
Ah, ha, the Xoogler has the ship sailing in calm waters.
Here’s the tasty morsel:
According to recent rumors, Verizon Communications have launched an acquisition bid worth $8 billion for Yahoo’s core business. Pivotal Research analysts believe that the deal could have a positive impact on the company, as well as on Verizon, which intends to cement its presence in the digital advertising space.
I love rumors. Wait. I hear the whistle of the commission train now. Gotta run.
Stephen E Arnold, January 28, 2016
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