Scalper1 News
Yahoo (YHOO) reports Q3 earnings after the close Tuesday. With the company’s sales and earnings expected to decline year over year, analysts will be scrutinizing the Web portal’s plans for its $9.4 billion windfall from its sale of shares in China e-commerce leader Alibaba Group’s U.S. IPO last month. “For the first quarter in many, the results at Alibaba will no longer be a key issue,” said Cowen & Co. analyst John Blackledge in a research report Scalper1 News
Scalper1 News