Thursday, February 7, 2013

YHOO,GOOG: Yahoo (YHOO +1.5%) continues trading higher...

2:23 PM Yahoo (YHOO +1.5%) continues trading higher after reaching a display ad deal with Google (GOOG) related to the latter's AdSense and AdMob platforms. An upgrade to Buy from Pivotal Research, which has raised the valuation it assigns to 35%-owned Yahoo Japan, might also be helping. JPMorgan observes Google typically provides AdSense partners with a 68% cut of ad sales, while adding Yahoo's scale gives it "more leverage" than most publishers. Read comments

YHOO price at time of publication: $20.26. Check YHOO price now »

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