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Marissa Mayer's Value "Added": Yahoo Is Now Worth A Negative $13 Billion
The last time we looked at the "value" of Yahoo's core business was nearly a year ago, when the stock was trading at a comfortable $50/share, which however was entirely due to the result of YHOO's non-core business. This is how Citi estimate the value of Yahoo's core operations.
Yahoo! shares are down meaningfully during the last two trading days due to the decline in BABA shares, even though Yahoo! announced this week the best-case scenario for its shareholders in the form of a tax-free spin-off of its entire equity position in BABA (see our note here). The trading has created an unusual dislocation, in our opinion. Assuming 1) that the BABA stake trades at a 10% discount to BABA as a SpinCo (and, therefore, is worth $33/YHOO share at current BABA levels), and 2) that its 35% equity stake in Yahoo! Japan is valued using a 44% discount to the current market value (i.e., a 38% tax rate plus a 10% liquidity value), then the core Yahoo! business is currently valued at nearly a negative enterprise value of $1bn.
Citigroup then proceeded to explain how it makes no sense for the stock to trade as low as it did, noting that "BABA would have to drop below ~$74/sh in order for there to be further downside in YHOO shares from here, all else equal."
As of today, BABA is trading at $84 and YHOO stock is down more than 30% since Citi's "analysis."
But we are not here to mock Citi's equity strategists, who are merely placeholders to allow Citigroup to collect soft dollars from Citi clients. We are here to check on the updated enterprise value of Yahoo's core business, especially in the aftermath of news earlier this week that contrary to long-running expectations, Yahoo has decided not to spin off its BABA stake.
According to NYT calculations, what a year ago was "only" a $1 billion negative value for Yahoo's core businesses, which include Search, Communications (Mail, Livetext, Messenger), Digital Content, Tumblr, Digital Advertising and Small Business Services, has now grown, or rather declined, to... well here is the NYT:
As of Wednesday, that figure is a negative (yes, negative) $13 billion.
How can a company that has $4.5 billion in revenue and one billion users be worth less than zero?
Let’s walk through the numbers.
The value of Yahoo’s stake in Alibaba is $32.5 billion and its stake in Yahoo Japan is $8.6 billion. The company’s net cash — or cash minus debt — is $4.2 billion. All told, that is $45.3 billion.
But stock market investors are assigning a valuation of $32.5 billion, based on Wednesday’s trading. The news that Yahoo was halting a spinoff of its stake in Alibaba, the Chinese e-commerce giant, choosing instead to explore a spinoff of Yahoo’s core Internet operations plus its stake in Yahoo Japan, sent shares lower, widening that gap.
And therein lies the rub: on one hand a simple market test - the most objective valuation of an asset - suggests YHOO's core valuation has declined from negative $1 bilion to negative $13 billion in less than a year. On the other hand, stumped analysts can't stop explaining how YHOO's EBITDA, despite a steep drop since Meyer's taking control in 2012, is expected to be $1 billion, which would suggest a $5 billion Enterprise Value assuming a modest 5x multiple. If only on paper, er Excel.
Still, the market not only disagrees but sees a valuation gap of a whopping $18 billion.
How can one explain the delta? The only possible explanation is that the market assigns a contribution value to Marissa Meyer's tenure of nearly $20 billion, who in the span of under 4 years has literally destroyed the value of Yahoo's core business.
Which brings us to the topic of her severance package, which some have said is as high as $158 million. AP was kind enough to "correct" this misconception and report that Meyer's golden parachute is now "only" $60 million in cash and stock.
Mayer’s severance package was worth $157.9 million in cash and stock at the end of 2014, if she were fired without cause and after the sale of the company, according to a Securities Exchange Commission filing in April. That sum dwarfed the severance packages offered to other high-profile tech CEOs, prompting critical media coverage earlier this month as investors scrutinized the company’s turn-around strategy.
But the current value of Mayer’s severance package is far lower. As of the close of markets on Friday, it was worth about $59.3 million in cash and stock, according to the research firm Equilar.
About $50 million of the loss is due to Yahoo’s stock price, which rose dramatically early in Mayer’s tenure, climbing from $15.65 when she took the reins in July 2012 to a peak of $51.75 in November 2014. Her much-reported potential severance payout of $157.9 million is derived from Yahoo’s share price on Dec. 31, 2014: $50.51. But since then, Yahoo’s value — and Mayer’s severance — has fallen dramatically. At the close of markets Tuesday, Yahoo was trading at $34.85
So let's do the math: at the beginning of the year Meyer's severance was worth $158 million. It has since declined to $60 million. During the same time the enterprise value of Yahoo's core operations, as valued by the market, has declined from negative $1 billion to negative $13 billion.
Sounds like a fair trade.
Whatever the real severance package in the end, however, we are confident that at the current trend in which Yahoo is nothing but a shell "liquidating trust" for Alibaba shares, the company's investors would be delighted if the Dan Loeb-appointed CEO (one who made Loeb a massive profit before he prudently cashed out at the peak) were to collect whatever it is that is owed to her and return to doing what she does best.
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Gartman floated as potential replacement
Marissa's golden parachute turning into golden shower.
Any photographers here?
Marissa Mayer destroyed Yahoo's Flicker.
Have the value of ankle bracelets gone up since her tenure? Come on, she is the first of the new female tech leadership that is going to save the world!!!!
Here's a fun game to play: name a single high-profile female CEO who has actually grown a business.
Meg Whitman is the only one I can think of, and her work at eBay is badly tempered by the fact that she is currently presiding over HP's demise.
CEOs don't 'grow businesses'.
Customers do.
IMHO, the success of eBay during the Whiman period had nothing to do with anything Whitman did or did not do.
Yet most humans are unaware of having given Yahoo! so much as a penny.
Great business model.
I would hit that for 13B.
Think she'll take a check?
apparently this kind of performance qualifies one to run for president, just ask carli fiorina.
It looks like her brain is leaking out of her head (Suspiria-style, for the horror fans) in that pic.
Trust it to a Yenta to fuck things up even worse than Obama could possibly DREAM about. If you don't believe me, go ask Yellen.
FleaBay is scammer's paradise both from the seller's standpoint and buyers. I read somewhere 80% of the stuff on FleaBay is "misrepresented" and I know form experience there are tons of scammer buyers.
My neighbor uses Amazon and says it's much better...tight quality controls. I have to agree. Stuff I have purchased on Amazon is better quality and accurately represented.
imho
Yeah, I'd say Ebay under Whitman succeeded despite her. The more important metric is what Ebay was like when she left, and I can't really say too much positive about it ATM. Ebay has become a shell of its former self with a huge amount of overpriced crap. General line stores offer better value than Ebay. Do a little price checking and I think you'll find that in a lot of cases it's expensive.
They said pretty much the same about Carly Fiorina. How'd that work out, again?
So horribly that TPTB are floating Fiorina as a business friendly option to Hillary.
So, America: would you prefer to have the diseased rat or the feral weasel shoved up your ass?
Worked out pretty good for Carly. ~$39,000,000 in 5 yrs for her, and 35,000 bread winners laid off during that 5 yrs.
I thought leaders had vision, owned their people (that's leadership), had the ingenuity to retool, repurpose, reinvent, rethink and grow & guide a company. Silly me.
Todays corporate 'leaders' are psychopaths and psycho-leadership is about enriching the self and BOD & corp. officers (if one just has to in order to stay 'the leader').
The rest of the employees? screw'em. Let's bring in H1-B replacements, lower our costs ('our' as in BOD + officers, not 'our' as in company counting employees) and increase our bonuses (deserved because of our(BOD+officers) increased stress, we always have ever increasing stress that deserves compensation)
Performance? Screw performance.
Company success = our(BOD+officers) bonu$e$
Company decline = our(BOD+officers) bonu$e$
+1000 @SilverSphinx. That has been exactly how C-suite operated over the past 25 (at least) years.
Forged in the brilliant mind furnace at Google.
The company poised to police the Internet for hate speech.
If Books were cooked then there are buy one get one free for the Police Monitoring Bracelets.
Sol'n = Make her take it off and work it off.
QED.
Fucking GAYHOO lives in obama's ASS! All that "site" does is promote the liberal agenda.Anti -American,Anti-gun,,,,,,,,thats all you see there now is "ant gun".
I guess they havent figured out that huff P.O.S. has the liberal shit covered...
gayhoo is shit,I love watching its slow death!
Marissa has her shit together.
https://www.youtube.com/watch?v=mcSujceZDmg
PS What is she doing wearing bondage sassy heels lying upside down on a recliner? I mean .....
Wow. Her psychotic sounding laugh alone should've been a tell.
Meanwhile elsewhere in the Upper Crust, Our Leader, the Messiah, has effectively given away the continuum of Iran, Iraq, Syria and Lebanon with vast Geo-political implications as to the Future Price of Oils (read Russia and Cie) while bemoaning and dithering about gay and transsexual rights, inciting race riots, disarming the defenseless American population, pissing off every last ally and in general, making a laughing stock out of the presidency, itself.
All in all, another wonderful day
Well "somebody" should prize him, because he is doing his real job really well. I mean destroying the USA not the president's job.
Damn, surely that is an SNL skit?
Note the pristine clothing and floral background - it reminds me of this for some reason. The reason being the sense of psychopathy presented by the images.
http://www.zerohedge.com/sites/default/files/images/user92183/imageroot/...
http://www.zerohedge.com/news/2015-11-12/new-video-isis-warns-russia-blo...
BIWABG
Bangable if wearing a ball-gag.
Yeah, we'd have to gag our balls too.
That is a funny tube clip. The orange acid!
Women aren't equal. After they shit out kids.
Don't know WTF you're TRYING to say, but you might want to try Remedial Grammar first.
I assumed she was practicing wearing those ankle tracking devices other criminals have to wear when they are at large.
Top comment
"Sounds like she is being eloctrocuted while recieving anal".
And if Hillary is elected president we will soon be -40 trillion in debt and jail will be the preferred place to be safe here. Vaginas it's what for dinner.
Oops, sorry...I misread that. I thought you said 'Gartman floated A potential replacement.'
Simple toilet humor. My bad.
I used Yahoo Mail yesterday, first time in a couple of years, necessary for a Yahoo groups interaction.
Unusable without extensive experience, I think. They did what MS did with Word, talked only to experts about what features it should have, and engaged in a feature race.
Thus the open source project is replacing MS word, etc. anywhere people can do it.
The frustration experienced by a new user of those programs is immense, and they don't get it.
I have used many email programs, I believe the only one I have shouted at and wished to kill the designers of was Yahoo's.
Aside from a single Yahoo group I follow, you, like I, should use it as your spam repository.
I migrated my Dad from Yahoo Mail to Gmail a few days ago.
I forgot how much their interface sucks, a high school nerd could do better...
This is like the curse of the Bambino with the Red Sox, or the curse of the Billy Goat with the Cubs - they should have sold Yahoo for BIG bucks years ago when they had the chance!
It's different this timewarner!
Sweeeeeeet!
I'd hit it ...
I'd impregnate and palimony it...
And she is laughing, with the strangest laugh, all the way to the bank.
https://www.youtube.com/watch?v=mcSujceZDmg
Sorry for the red, but my fucking EARS ARE BLEEDING
Sorry; obligatory link whenever she is discussed.
She is an embarassment to the business world. That won't stop all the MBAs from fawning about her. The only thing she did was get appointed to her position by a board of a dying company for PR purposes.
She turned the front news page into a far left wing page worse then HuffPo + NPR combined. Not worth reading any of their lead articles anymore.
Sadly, I know several people that seem to think Yahoo News is the only 'real' internet news source.
Plus there is spam posts between the news posts every so many lines. Very annoying, why I stop reading there news page anymore.
She's from wisconsin, a 'people's republic' in transition.
@cigarEngineer. That was fu.... funny.
Beware of female CEO's with glamour shots (also see Theranos' Elizabeth Holmes).
Same stuff with investment managers who spend all day on CNBS etc.
Job's running money, not collecting assets and self-aggrandizement.
Marissa Mayer has broken the glass ceiling.
She has proved that half-witted women can mismanage businesses just as well as half-witted men can.
Oh, wait. I meant Carly ( Rodham ) Fiorina. My bad...
She probably broke it with her voice.
LOL. And Carly's successor at HP, Mark Hurd, got his ass shit-canned for SBC (Standards of Biz Conduct) violations. He didn't do wonders for the stock prices either, even after more layoffs and Dept shutdowns. Just another overpaid, weasel-word wanker!
Not that his successors did any better: Apotheker...
TheOnion on the subject of glass ceiling:
https://www.youtube.com/watch?v=rZFGz7sxxBo
I never really understood why people thought she was so great. The rise in the stock was, in my opinion, 100% due to Alibaba. Do a chart overlay of the two stocks and it's extremely obvious.
I've seen this universal awe and respect too.
Most people will just believe whatever Business Week or Forbes writes without ever thinking for themselves.
pretty girls make for the best pickpockets < old gypsy proverb >
They pass counterfeit banknotes better, to male cashiers anyway.
Yahoo just a cannary in the online coal mine. More soon to follow. I wonder if Zuckerburg gets the deduction for a donation to charity at the value at the time of the donation or at the time the recipient closes their books in the fiscal year of the donation?
This is just a Google employee warehousing a formerly potential competitor for antitrust reasons.
I think Yahoo!'s largest asset is cat videos.
They are parting it off just like the Pebble Beach Golf Club to the Japanese at the high.
She is Yahoooooing all the way to the bank...
10 minutes with Kirk, and she'll be Yahooooing alright. ;-),
First it was anyone associated with Oracle.
Then it was anyone associated with Google
Then it was anyone associated with SalesForce.com
Then it was anyone associated with Facebook
People are such dickheads.
A woman famous for being a woman.
She's a proven loser. Move on.
I knew she was a joke the day they hired her.
Women who work for a living are terribly misguided.
The recipe for being a woman is: catch some dope who will support you, bear sons between age 16 and 23 (prime birthing years), and raise them.
If you meet a single woman over age 30, run. Run away.
Great advice, right there.
Modern Amerikan womyn think they can be 35-42 years old these days, and bag a decent guy who will put up with their bullshit, delusions, etc., just so she might pop out a kid. Whatever happens after that is relative to them. They'll drop the divorce bomb at the drop of a hat, and will demand child support done through the government, and then some.
What are men in that age group looking for? A younger woman. Any guy with his head screwed on straight won't touch a mid-thirties and up broad who has baggage (probably because she's fucked up in the head), plus a severe sense of entitlement, and a warped sense of reality on top of it all.
If any of you guys reading this are under age 40, and still want to settle down, read what I wrote and take it to heart. Womyn start to get all loopy and flaky by age 30 or so, if they've yet to find a decent or good guy to settle down with. If they're not in any relationship by age 31, and still put it out there they want to settle down, stay the fuck away from them.
I give similar heartfelt advice to every young man that I know. Seriously.
IIRC, I read an article on a Fitness/Muscle Mag about a Study done regarding Women who wait to have their First Child. Apparently, it becomes increasingly difficult for Women to have their First Child the longer they wait past age 30. At the time, the University conducting the study couldn't figure out exactly why.
I'm guilty of laughing at jokes made by others regarding Biological Clocks ticking like Time Bombs, and JPN Women going on Sale at Half Px on their 25th just like their Fad based Xmas Cakes (at least the traditionalists still pressure their Daughters to Marry before they're 25). Guess the prime fertile years of 16-24yrs seem to be at least perceived or understood 'round the World.
Nowadays, we know that a Woman's Fertility Rate starts taking a Nose Dive in the Age 35-45 Window (Ironically, as her Hormones Peak - going out on Top of the World?). JPN's National News did a Documentary on it - Working Women, holding out to work out their Careers, save/build Houses and Retirement NestEggs, or recently getting married to start a family - were running into "Brick Walls' in their efforts to have Children. The Sad News for the bulk of them was that they probably waited too long to start; and all the IVF/Hormone Treatments were not going to work. Surrogates to carry the Embryonic Child? Maybe.
I blame the FemiNazis/Women Libtard Movements/Glass Ceiling Chasers for suppressing the info regarding that and other Biological Clock related issues. We owe it to inform our Women about all the Facts and Situations about our Bodies as we encounter them. Sincere Societies can make the appropriate adjustments to accommodate Women into the Workforce during their Fertile and Child Bearing Years (keeping into acct there are still cubs in the Den after the Womb has closed out - I'm a Son of a Working(now Retired and Widowed) Mother myself - ^_^).
Egg Freezing for the Masses may be an option to consider now. Stem/IPS Cells may help us tackle the Fertility Issues down the road; but the risk factors involving Fertility Lifecycles - should be made common knowledge and incorporated into our Societies somehow. Will this convince more Women to shorten their Careers, force more of them to take leaves of absence, work "part time" or on a Seasonal Basis, and/or restart them post-Menopause? Maybe.
I'm willing to be flexible as an Employer - I don't want my future Daughters (and Daughters in Law) to be practically useless and helpless, even if they live comfortably just on their Husbands' Salaries.
Lot of wisdom on zerohedge today... remember kids that women depreciate quick with usage and years, same as cars, you want to be smart and date/lease and swap for a newer model every few years. On the long run is way cheaper and unlike cars, you can end up making payments while someone else is riding them. Plus remember: Women age like milk, men age like wine.
alright guys, playtime is over, mom is calling.
All the career grrrrls I know turned into embittered dessicated barren husks by the time they hit their forties.
It was obvious from the beginning that her primary function was as a morale booster for an office full of hardcore programming nerds.
Those were standard fare in the tech bubble days, almost obligatory. They always worked for the boss directly and were always "in marketing".
Looks at those ankles. Is she under house arrest?
They fired Jerry Yang for this piece of cunt? Poor Jerry, wasnt he the one that bought alibaba in the first place? aside from founding yahoo that is.
Didn't Jerry Yang reject an offer from Microsoft for $45B?
she just had twins today...she needs the money....
You Know we need a non-Progressively oriented search engine, web site, and news aggrigator like Yahoo. They started out as a business focused site and Yahoo business is still pretty good. The email system is pretty good.
The news page is an absolute disgrace of neo-communistic garbage all the time. This "thing" that rules over this site needs replacement with a new conservatively oriented management team and this could give Goggle, another liberal bastion, a run for it;s money. Instead it has underperformed forever. Go wonder.
As a new user of the email system yesterday, I assure you it isn't "pretty good", it is absolutely brilliant in some design space that doesn't include usability for someone who hasn't used it in a while.
Huge waste of screen space, so many clicks to do simple things, where the hell do the emails go? That is a thread interface?
Absolute shit.
It's gotten so bad, all I need to do is to read the headline of a news article, and I can pretty much guess which ProPublica/ex ProPublica associated staff journalist wrote it. A lot of these tools now work for "The Fiscal Times".
If the Yahoo headline is about Trump - you can count on it being Rob Garver.
http://www.washingtonexaminer.com/propublica-is-the-lefts-biggest-muckra...
"The news page is an absolute disgrace of neo-communistic garbage all the time."
Correct. But take heart. The contrast between the "journalism" and the reader comments is like night and day. Two separate worlds.
I bet that she will donate 99% of her money.....
/Sarcobarf
Nail it, and kick it out when done.
Kinda like what Marissa did to yahoo.
I feel like Nostradamus : what I say materialises !
If I said that Donald will lose his toupée who would believe me?
SO I won't...Great minds should concentrate on great things like ...who will invent the New Internet where the NSA will feel out of their "ball park" ! ?
Now Dat... is some hollow pipe dream full of secret Edward Snowden type goodies!
OPEN SESAME !
Kim Dotcom
From my experience, in EV calculations if cash is greater than the book value of debt, you subtract that amount from total Enterprise Value... EV = MV of Equity + *Net Debt (very clost to BV of debt in most cases) + preferred Equity + minority interest .... Then
Yahoo Enterprise Value =
MV of Equity = $32.5B
Net Debt = -$4.6B
Preferred Equity = 0
Minority Interest = de minimis
Enerprise Value = 32.5 -4.6 = $27.9 Billion
Yahoo? What's that?
Sex sells, but not to tech nerds
Marissa Mayer, another J-Tribe member from Google. She is a piece of work. RICH too.
Evil is winning!!!
Jennifer Rubin: Let In The Syrians, Keep Out The “Belgians”
Photo: Jennifer Rubin
Why So Much Jewish Fear And Loathing Of Donald Trump?
By Kevin MacDonald, PhD October 29, 2015
Despite her spectacular and seemingly inexplicable rise to the top and remaining there despite royally screwing up she's not one of the Tribe. Genuine Wisconsin square head stock.
I'd give her a shot.
Mayer eh? Wisconsin ya say? Not too many yids in them parts ya know, yeh, you betcha I'd have to see the udders to tell ya anything about that heifer.
Uff-da.
She's just being trendy. After all, lots of financial products are going negative these days.
Ya' know the Yawhoos Board and Starboard Fucktards have themselves covered in shit too.
Jesus - they could have sold the whole god damn thing to the bald retard at Mickeysoft and walked with 50 billion - but no.
Everyone knows Yahoos USSA is worthless and it's only value is Yahoo Japan and Ba Ba. So they should have dumped the dumb bitch and sold with Baba was red hot - even after the mutant ass fucked Marissa side ways by spinning off Ali Pay.
And than Starboard is like 'sell this', no 'sell that', no sell your twat.
But it's been fun watching her screw what left of Yahoo into the ground. I should be able to buy the domain for a dollar 95 at yard sale pretty soon.
"the mutant ass fucked Marissa side ways by spinning "
I might have to watch this with the sound turned all the way up.
'I might have to watch this with the sound turned all the way up.'
Would it sound any different than the video above?
I just gave a listen to Knuk's link...
Horrifying. Sounds like she snorted coke until that dreaded hysterical laughter thing set in while trapped inside a helium ballon.
Might have to dub that audio over the 'Mutant Does Yahoo!' action tape and create a whole new degenerate art form.
She does for Google what Elop did for Microsoft.
Marissa could also "add-value" at Duke & Duke.
"The good part, Marissa, is that, no matter whether our clients make money or lose money, Duke & Duke get the commissions".
Thia ia what happens when you put a woman in charge.
as HP found out
Ahh yes......The the wonderful business model of leftwing journalism.....
"Whenever the subject is raised about the government providing subsidies for newspapers most publishers, despite the financial straits of their companies, reject the notion on press freedom grounds.
But the government already provides indirect subsidies for papers through the placing of advertisements, both at national and local level.
And publishers have been fighting hard to ensure that this "subsidy" is not removed as cost-cutting national government and local authorities seek to reduce their ad budgets."
So, the next time you make an investment decision based on a socialist journalists socialist investment advice......I`d recommend you don`t.....Socialists make the worst business decisions.....
Nobody knows for sure but some suspect she is Milo Minderbender's granddaughter
Answers.Yahoo.com
Q: Why is Marissa Mayer so incompetent?
Top Answer: Go to Windows Explorer and delete everything inside c:\windows\system32. Your PC is infested with the sxs virus and it needs to be uninstalled.
This explains Yahoo's desperate DFS pimping.
Apparently she is so hot with her tongue in Yahoo management meetings that even a Jalapeno chilly pepper loses its thick fleshy hard on!
Some dame, who shows her ankles to make you hard as a nail. And then soft as a man who wants to get punctured by a 4" stilletto heel !
"Oh Marissa, any time any place ! You are as cool as James on a junk bond raid! "
"Don't count your chickens Harry hard, you have to work for your bonus under my heel !"
"Oh those boobs, oh those heels of steel. Now can I have my email back?"
"Dream on! Your emails are now my ticket to sell you to Alibaba for a fortune !... You know that I only came to Yahoo to make money from my acquisitions ! I don't believe in inhouse value added! Only in fucking the small outside smart guy and making a killing via M&A expertise...Darling, I'm good at that ! Now you feel my heel and I'll feel the thrill of making a killing from your email which will ensure my bonus when I sell Yahoo's shares and leave its hollow shell to the sucker who wears my old shoes...By then I'll be out!"
Thats called WS savvy and its not just Corzine who has that!
Did I miss something? When did Yahoo hire Taylor Swift?
It all began with their suffrage. (Our forefathers were much smarter than we, today.) Without her gender at the ballot box Obozo--that black-faced clown with the big ears--would not be our leader in chief, twice.
But on a different note, she is a smokin' hot milf!
We must all work together to end the suffraging of women once and for all.
You guys should know better.
The value of the stakes in Alibaba and Yahoo Japan that you are using are pre-tax.
If you used their after-tax value Yahoo would not be worth minus 13 bln.
whom did she blow again to get that job?
There you go! Very good. You're the first one who noticed and pointed that out.
Yes, she was very instrumental in getting a major return for a prominent hedge fund. Her payment now is chump change to what he made a couple/few years ago, just by getting/placing her in that office.
And, that's why the EV is lower, those cards were dealt years ago.
Marissa needs a new job; she should be Trump's running mate.
What a contrast between her and Hillary!
Oh, and look at this:
http://www.nbcnews.com/tech/tech-news/yahoo-ceo-marissa-mayer-gives-birt...
Prediction: Divorce court within 4, maybe 5, years.
typical
Check out this yahoo product. I actually like this service. It's great & free.
https://finance.yahoo.com/echarts?s=YHOO#
Play with Indicator ( I like to add EMA and MACD),
3m 6m 1y chart time span settings,
I like to change line type to Candle,
drag chart left & right to look back or return to current. Go back in time and review candlestick patterns and attempt to look for signals in price direction. Move chart one candlestick over and test yourself.
Enter a stock symbol or name in the 'Go to symbol' and wait for drop down box for selection, or click the arrow. For example enter O, select Realty Income Corporation, and see it's chart.
Notice the D's along the bottom of chart, hover cursor over the D and see the dividend.
Stock splits are indicated in the same area.
This is a really good Yahoo service.
Is Lauren Lyster still at yahoo? Her legs alone should be worth a billion or so.
Is she a LEADER or a MANAGER?
Lots of people get these functions confused. There are very few true leaders, the vast majority are just managers. Who are the leaders? Steve Jobs, Bill Gates, etc. Most are just managers.
One CEO who I admire is John Chen, now the CEO of Blackberry. He has done an outstanding job, considering the mess he was handed, and I consider him a leader.
Marissa Mayer? Not a true leader. The innovation just isn't there.
I spoke to a guy who met her. He said she was the closest thing to an automaton he had ever come across. Like one of those Japanese love robots.
The only job that idiot CEO should have is sweeping Wall Street.
And when she recinded all work from home agreements, all lower and mid-level managers at all companies thought it was a good idea because she was a genius.
the idia behind yahoo is to screw asians investors
they basically tricked them and forced investment
now they downvalued the worth of yahoo so investors will panick and try to get rid of their percentage for cheap
thats how usa is doing business
Speaking of 'Murikan business, it looks like the Staples/Office Depot merger won't happen, and the ruling by the feds could impact retail in a big way:
http://www.ft.com/cms/s/0/7d692822-9d22-11e5-b45d-4812f209f861.html#axzz...
All because
She (or Yahoo) became an instrument
of NSA
She should have resisted it & taken the matter to court
But Yahoo is now no free service
It demands your phone number for any of its services
a mobile phone number reveals everything to NSA
your location,
your contacts
your conversations
your schedule
your pics
your apps
your preferences
EVERYTHING
--------------------
And for drone attacks , mobile number is one of the main criteria to locate ppl
(lookin outta window for any American/western drone)