Scalper1 News
Yahoo (YHOO) is “slowly bleeding to death” and will see more revenue declines, says a report Friday from Edison Investment Research, the day after a major Yahoo investor called for the troubled Web portal to sell its ailing core Internet search business. The investor threatens to shake up the company’s board if Yahoo refuses. Activist investor Starboard Value had originally urged Yahoo to spin off its stake in China e-commerce giant Alibaba Group Scalper1 News
Scalper1 News