LOS ANGELES -- Wall Street's exclusive $1,000 club just got a new member.
Google's stock jumped more than $120, or 14%, to $1,012 in midday trading as the Internet company showed again late Thursday just how lucrative its business of collecting and selling consumers' personal data to the highest bidder has become. Those surging profits are powering Google's stock to levels not seen by many companies.
Google reported a profit of nearly $3 billion during the third quarter, up 36% from a year earlier and exceeding estimates. The jump put Google above the stock's all-time closing high of $924.69 on July 15.
SHINAL: Google is winning online ad war by going mobile
TECH STOCKS: Google shares soar on storng earnings
Google shares gained more than $40 billion in market value just on Friday, which exceeds the entire market value of Yahoo at $34 billion and Hewlett-Packard at $45 billion.
Google Inc. maintains an index of Web sites and other online content for users, advertisers, and Google network members and other content providers. It offers AdWords, an auction-based advertising program; AdSense program, which enables Web sites that are part of the Google Network to deliver ads from its AdWords advertisers; Google Display, a display advertising network that comprises the videos, text, images, and other interactive ads; DoubleClick Ad Exchange, a real-time auction marketplace for the trading of display ad space; and YouTube that provides video, interactive, and other ad formats for advertisers. The company also provides Google Mobile that optimizes Google?s applications for mobile devices in browser and downloadable form; and enables advertisers to run search ad campaigns on mobile devices, as well as Google Local that provides local information on the Web; and Google Boost for small businesses to participate in the ads auction. In addition, it offers And roid, an open source mobile software platform; Google Chrome OS, an open source operating system; Google Chrome, a Web browser; Google TV, a platform for the consumers to use the television and the Internet on a single screen; and Google Books platform to discover, search, and consume content from printed books online. Further, the company provides Google Apps, a cloud computing suite of message and collaboration tools, which includes Gmail, Google Docs, Google Calendar, and Google Sites; Google Search Appliance that offers real-time search of business and intranet applications, and public Web sites; Google Site Search, a custom search engine; Google Commerce Search for online retail enterprises; Google Checkout to make online shopping and payments streamlined and secure; Google Maps Application Programming Interface; and Google Earth Enterprise, a firewall software solution for imagery and data visualization. Google Inc. was founded in 1998 and is headquartered in Mountain View, California.
Advisors' Opinion: - [By Paul Ausick]
Big Earnings Movers: Google Inc. (NASDAQ: GOOG) is up 13.8% at $1,011.65 after hammering estimates. Advanced Micro Devices Inc. (NYSE: AMD) is down 13.7% at $3.53. General Electric Co. (NYSE: GE) is up 3.6% at $25.57 after beating estimates. Morgan Stanley (NYSE: MS) is up 2.6% at $29.68. Schlumberger Ltd. (NYSE: SLB) is up 2.8% at $93.95 on solid earnings. All these stocks, except AMD, posted new 52-week highs today; Google posted its all-time high.
- [By Eric Volkman]
Alamy Late last month, Chinese hardware giant Lenovo (LNVGY) was the subject of many headlines -- not all of them complimentary -- when it signed a high-profile deal to buy the Motorola Mobility smartphone unit from Google (GOOG). The Asian firm is ponying up a cool $2.9 billion to acquire the business, which is monstrously unprofitable to the tune of a $645 million operating loss in the first nine months of 2013. The market didn't appreciate this. Disturbed by the idea of gallons of red ink spilling from Motorola Mobility onto Lenovo's results, investors traded down the firm's stock by as much as 14 percent after the deal was made public. This might have been compounded by the firm's previous announcement, made only days earlier, that it was spending $2.3 billion to purchase IBM's (IBM) x86 -- read: lower-end -- line of servers. Was such a sell-off, in reaction to either or both, justified? At Home Abroad Lenovo is one of those companies that likes to expand by acquisition. Few Westerners had ever heard of the IT manufacturer in 2005 when it closed its first big buy -- the personal computing division of IBM, for total consideration of around $1.75 billion. The purchase seemed a counterintuitive move when everyone knew that a future stuffed with wireless Internet and portable computing was just around the corner. But guess what? Lenovo not only sold plenty of notebooks and desktops, it managed to grow into the top PC manufacturer in the world. According to figures from Gartner (IT), in Q4 2013 the company was the clear market leader in terms of PC vendor unit shipments. It moved nearly 15 million PCs during the quarter, a figure 6.6 percent higher than in the same period the previous year. This was particularly impressive considering that total shipments for the industry dropped by almost 7 percent over that time frame. Lenovo was able to do this because, for most of its life, it's made big strides in less affluent markets and is continuing to do so. In
- [By MONEYMORNING]
Allegion will not only benefit from all this growth - we believe it will advance at a faster rate than the market... for four key reasons:
A Tighter Strategic Focus: Companies like Abbott or Ingersoll-Rand break themselves up for several reasons. But a key one is strategic focus. As an independent entity, Allegion will be able to make long-term decisions that provide maximum benefits to itself - instead of having to craft strategies that also benefit the "parent." The newly independent firm can devote more money to research and development, to marketing, and to purchases of technology or product lines. For spin-off companies, this new reality generally leads to a tighter, value-maximizing focus - and faster growth than would otherwise have been possible. More Attention to Shareholders: Allegion will improve its strategic focus as a result of the spin-off. And it will be free to focus on its shareholders, too. The company already announced a $200 million stock buyback and has established a modest dividend. Expect more of the same as the company grows in both size and stature. A Less-Confusing Competitive Situation: When Google Inc. (Nasdaq: GOOG) announced it was dumping its Motorola handset business in a deal with China's Lenovo Inc. (OTC ADR: LNVGY) last month, it was partly because the search giant didn't want to be in the manufacturing business. But there was another reality at play here: By selling handsets, Google was actually competing with the same companies that use its Android operating system. In other words, it was competing with some of its customers. That's why a spin-off firm often benefits from additional business once it's freed from its parent: Once independent, it's much easier to grab business from rivals of its former parent. You can bet that Allegion will see some incremental growth for this very same reason. Building Through Buyouts: Now freed from Ingersoll-Rand, Allegion will be free to do d
Top 10 Internet Stocks To Invest In 2014: Symantec Corporation(SYMC)
Symantec Corporation provides security, storage, and systems management solutions internationally. The company?s Consumer segment delivers Internet security, PC tune-up, and online backup solutions and services to individual users and home offices. Its Security and Compliance segment provides solutions for endpoint security and management, compliance, messaging management, data loss prevention, encryption, and authentication services to large, medium, and small-sized businesses, as well as offers solutions through its software-as-a-service (SaaS) security offerings. This segment?s products enable customers to secure, provision, and remotely manage their laptops, PCs, mobile devices, and servers. The company?s Storage and Server Management segment provides storage and server management, backup, archiving, and data protection solutions across heterogeneous storage and server platforms, as well as solutions delivered through its SaaS offerings to large, medium, and small-s ized businesses. Symantec?s Services segment offers implementation services and solutions, including consulting, business critical services, education, and managed security services. The company also provides various enterprise support offerings, such as annual maintenance support contracts, including content, upgrades, and technical support. It sells its products through its eCommerce platform, as well as through distributors, direct marketers, Internet-based resellers, system builders, ISPs, and retail locations worldwide. Symantec markets and sells its products through distributors, retailers, direct marketers, Internet-based resellers, original equipment manufacturers, system builders, and Internet service providers; and its e-commerce channels, as well as direct sales force, value-added and large account resellers, and system integrators. The company was founded in 1982 and is headquartered in Mountain View, California.
Advisors' Opinion: - [By Amanda Alix]
Of course, banks can't know when an attack is merely disruptive, and when it may be covering for criminal activity. Security company Symantec (NASDAQ: SYMC ) has commented that these assaults have become a way for hackers to distract banks while funds are illegally withdrawn. Though most of the thefts have occurred in Europe, where attacks have progressed from website outages to actual bank heists, at least one U.S. bank, Citigroup, disclosed some losses due to cyber thievery earlier this year.
- [By WWW.DAILYFINANCE.COM]
Judith Collins/Alamy WASHINGTON - Home improvement retailer Home Depot (HD) has been in contact with the U.S. Secret Service about an alleged major breach of customer and credit card data that came to light this week, a law enforcement source told Reuters on Thursday. Any investigation by the Secret Service appears to be at a very early stage, the source said. The Secret Service, which declined comment, usually is the lead agency in federal criminal investigations into complex breaches of credit card and other consumer data. Another law enforcement source said the FBI, which also sometimes participates in such investigations, doesn't appear to be involved. It is unclear whether the U.S. Department of Justice is playing any role. Customer data could have been stolen from nearly all of Home Depot's 2,200 stores in the United States, according to information released Wednesday by security blog Krebs on Security. Home Depot hasn't confirmed that a breach occurred and it remains unclear whether or how many customers were impacted. If confirmed, the Home Depot incident could be among the most widespread in the string of security breaches at U.S. retailers in the recent past. Spokeswoman Paula Drake said Wednesday that the retailer is working with IT security firms, including Symantec (SYMC) and FishNet Security, to investigate whether there has been a data breach. A Symantec spokeswoman confirmed that Symantec was assisting with the investigation but didn't elaborate. Home Depot sought to comfort its consumers, promising free identity-protection services, including credit monitoring, to any potentially impacted customers and reassuring that the retailer or the banks that issued the cards will be responsible for any fraudulent charges. Home Depot shares were up 1.6 percent at $90.39 Thursday morning on the New York Stock Exchange. Concerns about a potential Home Depot data theft follow a major breach at retailer Target (TGT), where hackers late last yea
- [By Reuters]
Peter Parks, AFP/Getty ImagesThe 12-story building in Shanghai's northern suburb of Gaoqiao where a Chinese military-led hacking group allegedly conducted a series of attacks on U.S. companies networks. BOSTON -- Cybersecurity company FireEye has acquired Mandiant, the computer forensics specialist best known for unveiling a secretive Chinese military unit believed to be behind a series of hacking attacks on U.S. companies. FirEye (FEYE) shares jumped more than 20 percent after Thursday's announcement of the $1.05 billion cash-and-stock deal, which FireEye said closed Monday. It unites two companies with relatively new technologies for thwarting cyber attacks, and brings together two of the most-respected executives in the security industry: FireEye CEO Dave DeWalt and Mandiant founder Kevin Mandia. While sales of older anti-virus products have been on the decline, security experts expect strong growth in both FireEye's cloud-based systems for detecting malicious software and Mandiant's software that analyzes cyber attacks. About a year ago the two companies entered into a technology development agreement that made it easier to deploy their products together. With the merger, FireEye will gain Mandiant's team of forensics investigators. "They have these very strong Navy 'cyber' Seals who respond to breaches and are very good at what they do," DeWalt said about Mandiant. He had previously served as chairman of Mandiant's board. "My aim is to create the strongest security company in the world," DeWalt said in an interview. FireEye, which has yet to post a profit, said the acquisition will be immediately accretive to earnings and expects the combined company's revenue to grow about 50 percent this year. In comparison, Symantec (SYMC), the biggest maker of anti-virus software, has said it expects fiscal 2014 revenue to drop 3 percent to 4 percent. Mandiant is best known for its forensics services. The company rose to prominence in February 2013 when it pu
Top 10 Internet Stocks To Invest In 2014: Amazon.com Inc.(AMZN)
Amazon.com, Inc. operates as an online retailer in North America and internationally. It operates retail Web sites, including amazon.com and amazon.ca. The company serves consumers through its retail Web sites and focuses on selection, price, and convenience. It also offers programs that enable sellers to sell their products on its Web sites, and their own branded Web sites. In addition, the company serves developer customers through Amazon Web Services, which provides access to technology infrastructure that developers can use to enable virtually various type of business. Further, it manufactures and sells the Kindle e-reader. Additionally, the company provides fulfillment; miscellaneous marketing and promotional agreements, such as online advertising; and co-branded credit cards. Amazon.com, Inc. was founded in 1994 and is headquartered in Seattle, Washington.
Advisors' Opinion: - [By Matt Brownell]
Pat Greenhouse/The Boston Globe via Getty ImagesDan O'Malley, CEO of PerkStreet Financial PerkStreet Financial, an innovative online bank that offered rewards "perks" to its users, announced Monday that it was shutting down after failing to secure much-need funding. "Over the last 6 months we have been pursuing additional investment to grow our business to the point it could be self-sustaining," the company wrote in an email to customers that was also posted on its website. "Unfortunately, we were unable to secure more funding and now must begin the process of closing the company." PerkStreet was founded by former Capital One executive Dan O'Malley in 2008, but it really rose to prominence in 2011, when large banks started responding to consumer-friendly financial reforms by heaping new fees on their bank accounts. When Bank of America announced that it would introduce a debit card usage fee (a plan it later scrapped), PerkStreet saw twice as many new customers sign up the next day as usual. That's because it reversed the usual customer-bank relationship: Not only did it not charge account maintenance fees, it actually offered rewards for customers. If you had more than $5,000 in your account, you got 2% cash-back for using its debit card; balances below that threshold got 1% cash back. Like many rewards credit cards, it also had rotating categories offering 5% cash-back. But last year, it started to change how it rewarded account holders: It did away with the $5,000 account threshold and said that all customers, regardless of balance, would get 1% cash-back on most purchases and 2% back at select retailers, including Amazon (AMZN) and Target (TGT). At the time, it said that it was doing so because most account holders weren't maintaining balances above the threshold. As attractive as the deal was, it looks like PerkStreet just didn't have a sustainable business model. The company said Monday that it will officially cease operations on Sept. 26. The good
- [By Dennis Slothower]
I'm currently looking at a few popular stocks that are trading at nosebleed valuations: Amazon.com (AMZN) trades at 660 times earnings; Netflix (NFLX) trades at 220 times earnings; LinkedIn (LNKD) trades at over 700 times earnings and Facebook (FB) recently traded at over 100 times earnings.
Top 10 Internet Stocks To Invest In 2014: IAC/InterActiveCorp (IACI)
IAC/InterActiveCorp engages in the Internet business in the United States and internationally. The company�s Search segment develops, markets, and distributes various downloadable toolbars; provides search, reference, and content services through its destination search and other Websites, including Ask.com and Dictionary.com; and aggregates and integrates local advertising and content for distribution to publishers on Web and mobile platforms, as well as markets and distributes mobile applications through which it provides search and additional services. Its Match segment offers subscription-based and advertiser-supported online personals services through its Websites comprising Match.com, Chemistry.com, OurTime.com, BlackPeopleMeet.com, and OkCupid.com, as well as through mobile applications and Meetic-branded Websites. The company�s ServiceMagic segment offers Market Match service that matches consumers with service professionals; Exact Match service, which enables con sumers to review service professional profiles and select the service professional that meets their specific needs; and 1800Contractor.com, an online directory of service professionals. This segment also offers Website design and hosting services. Its Media and Other segment operates CollegeHumor.com, an online entertainment Website that targets young males; Vimeo, a Website on which users can upload, share, and view video; and Pronto.com, a comparison search engine. This segment also engages in the creation of video content for various distribution platforms; and operates as an Internet retailer of footwear and related apparel and accessories, as well as focuses on multimedia business. The company was formerly known as InterActiveCorp and changed its name to IAC/InterActiveCorp in July 2004. IAC/InterActiveCorp was founded in 1986 and is headquartered in New York, New York.
Advisors' Opinion: - [By Brian Stelter]
I hesitated, but she insisted that I come to the headquarters of Barry Diller's IAC (IACI) for an in-person demonstration of the product, which she called an "online TV platform." Once I was there, I understood. "Surprisingly high-quality signal," I scribbled in my notebook. "Place- and time-shifting!"
- [By Rex Crum]
Additionally, Devitt initiated coverage of IAC/InterActive Corp. (IACI) �with an equal weight rating and best-case stock price scenario of $67 a share.
- [By Jayson Derrick]
InterActiveCorp (NASDAQ: IACI) announced that its CEO is stepping down from his current position to become chairman of a new operating unit. Investors cheered the management shakeup which is potentially hinting at a spinoff. Shares hit new 52 week highs of $70.44 before closing at $68.49, up 13.98 percent.
Top 10 Internet Stocks To Invest In 2014: eBay Inc.(EBAY)
eBay Inc. provides online platforms, services, and tools to help individuals and merchants in online and mobile commerce and payments in the United States and internationally. Its Marketplaces segment operates ecommerce platform eBay.com; vertical shopping sites, such as StubHub, Fashion, Motors, and Half.com; and classifieds Websites, including Den Bl�Avis, BilBasen, Gumtree, Kijiji, LoQUo, Marktplaats.nl, mobile.de, Alamaula, Rent.com, eBay Anuncios, eBay Kleinanzeigen, and eBay Annunci, as well as provides advertising services. The company?s Payments segment offers payment and settlement services for consumers and merchants on and off eBay Websites and other merchant Websites. This segment operates PayPal, which enables individuals and businesses to send and receive payments online and through mobile devices; Bill Me Later that enables the United States merchants to offer, the United States consumers to obtain, credit at the point of sale for ecommerce and mobile tra nsactions; Zong, which allows users with mobile phones to purchase digital goods and have the transactions charged to their phone bill; and BillSAFE that enables customers pay for purchases upon receipt of an invoice. Its GSI segment offers an ecommerce services suite for enterprise clients that operate in general merchandise categories, including apparel, sporting goods, toys and baby, health and beauty, and home; and marketing services comprising full-service digital agency, enterprise email marketing, mobile advertising, affiliate marketing, advertisement retargeting, and in-depth analytics services. The company also offers X.commerce platform that provides software developers access to the company?s applications programming interfaces to develop functionality for various merchants; and Magento Connect, which allows developers to market and sell add-on functionality and solutions to merchants that use a Magento storefront. eBay Inc. was founded in 1995 and is headquarter ed in San Jose, California.
Advisors' Opinion: - [By WWW.DAILYFINANCE.COM]
Moviestore collection Ltd./AlamyA sequel to "Crouching Tiger, Hidden Dragon" is coming to Netflix and IMAX. There were plenty of winners and losers this week, with the world's leading online auctioneer revealing long-overdue plans to separate into two companies and the top dog in single-cup coffee brewers taking another legal hit for questionable technology. Here's a rundown of the week's best and worst. Tesla (TSLA) -- Winner The self-driving car may be here sooner than you think. Tesla CEO Elon Musk turned heads this week after an excerpt from a CNNMoney interview showed him promising that a Tesla that can drive itself 90 percent of the time will be available as early as next year. Musk also tweeted about a car that the company will unveil next Thursday -- along with other potential announcements. Tesla cars are as expensive as Tesla stock, but it's hard to find an automaker raising the bar the way that Musk's futuristic company is doing. Pimco -- Loser It's been a week since mutual fund manager Pimco saw Bill Gross -- the legendary bond fund manager who made the Pimco Total Return Fund (PTTRX) a household name with more than $200 billion in assets -- announce that he was leaving for a new gig at fund rival Janus. Now we're seeing the fallout. Days ago, we learned that a record $23.5 billion was withdrawn from the fund in September. It's not just the retail investors who are clearing out now that the longtime manager has moved on. Reports on Thursday said Schwab (SCHW) was dropping the fund from its target-date funds, which aim to craft dynamic asset strategies that evolve based on a certain retirement year. Netflix (NFLX) -- Winner The world's leading premium streaming service has become even more of a juggernaut since rolling out original shows, and now it's taking that strategy to the movies. Netflix revealed this week that it's bankrolling the "Crouching Tiger, Hidden Dragon" sequel, making it available to Netflix subscribers at the same time that
- [By Geoffrey Seiler]
eBay (EBAY) disclosed that Carl Icahn had accumulated a 0.82% stake in eBay and proposed a non-binding shareholder proposal to split-off PayPal as a separate unit.
Top 10 Internet Stocks To Invest In 2014: Alibaba Group Holding Ltd (BABA)
Alibaba Group Holding Limited, incorporated on June 28, 1999, is an online and mobile commerce company. The Company operates its ecosystem as a platform for third parties. The Company operates Taobao Marketplace, China�� online shopping destination, Tmall, China�� third-party platform for brands and retailers and Juhuasuan, China�� group buying marketplace. In addition to its three China retail marketplaces, the Company operates Alibaba.com, China�� global online wholesale marketplace, 1688.com, its China wholesale marketplace, and AliExpress, its global consumer marketplace, as well as provides cloud computing services. As a platform, the Company provides the fundamental technology infrastructure and marketing reach to help businesses leverage the power of the Internet to establish an online presence and conduct commerce with consumers and businesses. Effective August 01, 2014, Alibaba Investment Ltd, a unit of Alibaba Group Holding Ltd, acquired a 10.193% interest n Singapore Post Ltd.
The buyers and sellers discover, select and transact with each other on the Company�� platform. Third-party service providers add value to its platform through service offerings that make it easier for buyers and sellers to do business. The third-party participants in its ecosystem include a payment services provider, logistics providers, retail operational partners, marketing affiliates, independent software vendors and various professional service providers. The Company has developed policies and procedures that maintain the health and sustainability of its marketplaces, including consumer protection programs, marketplace rules, qualification standards for merchants and buyer and seller rating systems. As its ecosystem expands, new jobs are created.
Taobao Affiliate Network is powered by Alimama, its online marketing technology platform. Through this platform, sellers place marketing displays on its marketing affiliates��websites and mobile apps, and sellers pay a performance-b! ased marketing fee primarily based on cost-per-click (CPC), and cost-per-sale (CPS), models. Through China Smart Logistics, the Company provides real-time information to its logistics partners, including key operating metrics, such as distribution center utilization rates, route planning data and order volume forecasts. Independent software vendors (ISVs) provide software tools, as well as systems integration services to sellers.
Tmall is an online platform featuring brands and retailers with each seller having an identifiable online storefront. Users may access Tmall anytime, anywhere through the Tmall Website and the mobile apps and mobile-optimized websites provided by Taobao Marketplace and Tmall. The physical product categories on Tmall include apparel and accessories, electronics and appliances, home furnishings, home appliances, maternity and baby products. Juhuasuan is an online group buying marketplace in China. Juhuasuan offers quality products at discounted prices by aggregating demand from numerous consumers. Juhuasuan mainly does this through flash sales, which make products available at discounted prices for a limited period of time. Juhuasuan offers group buying channels featuring branded and private label products, products made to custom specifications and local services.
AliExpress is a consumer marketplace enables consumers from around the world to buy directly from wholesalers and manufacturers in China. On AliExpress, consumers have access to a variety of products. In addition to the global English-language site, AliExpress operates two local language sites in Russia and Brazil. The product categories on AliExpress.com include apparel and accessories, phones and communications products, beauty and health, computer networking, jewelry and watches. Alibaba.com is an online commerce platform. Sellers on Alibaba.com may pay for an annual Gold Supplier membership to host a premium storefront with product listings on the marketplace.
The Company��! marketin! g technology platform, Alimama, offers sellers on its marketplaces marketing services for both personal computer and mobile devices, which include P4P marketing service and display marketing. Alimama also offers its sellers these marketing services through third parties through the Taobao Affiliate Network. The Taobao Ad Network and Exchange (TANX) automates the buying and selling of billions of advertising impressions on a daily basis by third parties. The Company also offer a data management platform (DMP), connected to TANX. Its DMP allows participants on TANX to evaluate and select online advertising inventory using both behavioral data they provide, as well as data from browsing behavior and shopping history. Its Cloud Computing supports its commerce ecosystem by providing a distributed computing infrastructure to handle the large volume of traffic and data generated on its online marketplaces. Its cloud computing platform offers service offerings, including elastic computing, database services and storage and large scale computing services.
The company offer search functions on all of its Web pages, mobile apps and many of its marketing affiliates��websites and apps to make it easy for buyers to find products and services within its marketplaces. The Company offers Aliwangwang, a personal computer-based instant messenger that supports text, audio and video communication. The Company developed Aliwangwang to facilitate open communication between buyers and sellers on Taobao Marketplace and Tmall. Buyers and sellers use it as a tool for a range of tasks, including negotiation of prices, customer services and delivery notification, in addition to the basic messaging functions. It offer Qianniu , an integrated platform for communication and productivity tools which allows sellers on Taobao Marketplace and Tmall to manage their operations more efficiently.
Alipay, the Company�� related company, provides payment and escrow services for transactions on Taobao Marketplace, Tm! all, 1688! .com and certain of its other sites, as well as to third parties in China. The Company�� small and medium enterprise (SME) loan business provides micro loans to sellers on its wholesale and retail marketplaces through lending vehicles licensed by the local government.
The company competes with Tencent and Baidu.
Advisors' Opinion: - [By MONEYMORNING.COM]
And with Alibaba Group Holding Ltd. (NYSE: BABA) - China's No. 1 e-commerce player - scheduled to go public soon, investors are suddenly seeing the potential of the country's online marketplace.
- [By Mike Butler]
Some new additions to the portfolio were Alibaba Group Holding Ltd (NASDAQ: BABA) and eBay Inc (NASDAQ: EBAY), with Sony Corp (NYSE: SNE) being a notable exit.
Top 10 Internet Stocks To Invest In 2014: Yahoo! Inc.(YHOO)
Yahoo! Inc., together with its subsidiaries, operates as a digital media company that delivers personalized digital content and experiences through various devices worldwide. It offers online properties and services to users; and a range of marketing services to businesses. The company?s communications and communities offerings include Yahoo! Mail, Yahoo! Messenger, Yahoo! Groups, Yahoo! Answers, Flickr, and Connected TV, which provide a range of communication and social services to users and small businesses enabling users to organize into groups and share knowledge, common interests, and photos. Its search products comprise Yahoo! Search and Yahoo! Local, available free to users to navigate the Internet and discover content. The company?s marketplaces offerings and services include Yahoo! Shopping, Yahoo! Travel, Yahoo! Real Estate, Yahoo! Autos, and Yahoo! Small Business, which allow users to research specific topics, products, services, or areas of interest by review ing and exchanging information, obtaining contact details, or considering offers from providers of goods, services, or parties with similar interests. Its media offerings comprise Yahoo! Homepage, Yahoo! News, Yahoo! Sports, Yahoo! Finance, My Yahoo!, Yahoo! Toolbar, Yahoo! Entertainment & Lifestyles, Yahoo! Contributor Network, and Yahoo! Pulse, which are designed to engage users with online content and services on the Web. The company also offers marketing services, such as display and search advertising, listing-based services, and commerce-based transactions to advertisers. In addition, it provides software and platform offerings for third-party developers, advertisers, and publishers, such as Yahoo! Developer Network, Yahoo! Open Strategy, Yahoo! Application Platform, Yahoo! Updates, Yahoo! Query Language, and Yahoo! Search BOSS. The company has strategic alliances with Nokia and ABC News, Inc. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, Californi a.
Advisors' Opinion: - [By Benjamin Pimentel]
Other major tech issues were in the red, including Yahoo Inc. (YHOO) �, AOL Inc. (AOL) �and Groupon Inc. (GRPN) .
- [By Travis Hoium]
There will be a flood of earnings reports from the tech industry this week, and we'll learn a lot about the future of the PC, Microsoft (NASDAQ: MSFT ) Windows 8 mobile, and how Yahoo!'s (NASDAQ: YHOO ) turnaround is going. To get some insight, Erin Miller sat down with Fool contributor Travis Hoium to see what investors should watch for this week.�
