Why a Big Yahoo! Buyback Would Work
A Bloomberg article over the weekend suggests that Yahoo! (YHOO) is close to announcing a major stock buyback, using a majority of the proceeds from the recent sale of its stake in Alibaba Group.
Yahoo! will announce its earnings on Oct. 22, and CEO Marissa Mayer has indicated that she will be back from maternity leave by then -- she might even be back in the office today. That earnings call will be her first opportunity to speak directly to investors since she started. She has had lots of chats with employees but none yet directly with investors....449 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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