One item that I liked from the 4Q'13 press release.
During the fourth quarter of 2013, Yahoo repurchased 6 million shares for $231 million and used a net $60 million for acquisitions. During the year ended December 31, 2013, Yahoo repurchased 129 million shares for $3.3 billion and used a net $1.2 billion for acquisitions.
Yahoo! ended 02013 with $5 billion in cash.
YHOO closed on 02014.01.28 at $38.22. 52-week range: $19.31 - $41.72.
[02014.01.29] YHOO closed today at $34.89, down almost 9%, on heavy volume. 52-week range: $19.31 - $41.72. In a nutshell: Investors are not happy with Yahoo!'s growth prospects.
No comments:
Post a Comment