If you're losing the game, time to change the playing field. Yahoo is counting on exactly that.
AOL’s recently appointed chief executive, Tim Armstrong, has only been in place for three weeks but Wall Street is waiting impatiently for his next move. He’s started to shake up the ad team. Investors are focused on when parent company Time Warner will spin off the Internet unit, which has lost favor with Wall Street, advertisers and users alike.
The reaction to Yahoo’s earnings in the stock market this morning was relatively positive. Shares rose 2 percent right off the bat, but we’ll see what happens as the day rolls on. Meanwhile, here are what some Wall Streeters had to say about the quarter in various research reports.
Google remains the undisputed leader in U.S. Internet searches, but Microsoft can claim it is the fastest-growing, according to the latest figures from digital tally-keeper comScore.