Lakeway, NY -- (SBWIRE) -- 02/08/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Yahoo! Inc. (NASDAQ:YHOO) said in a blog post on Wednesday that it has signed a deal with Google to run the latter's display ads on its Web properties and certain of its co-branded sites using AdSense for content and Google's AdMob services.
Incidentally Peter Kafka, writing in AllThingsD had reported about the development earlier sending the shares of the Internet company up more than 5 percent.
Is YHOO a Strong At New highs? Let’s Find out Here
According to Yahoo the move amounted to “adding Google to our list of world-class contextual ads partners” and that “we look forward to working with all of our contextual ads partners.”
Yahoo shares finally settled down to close up 2.40 percent at $20.32.
Incidentally Yahoo has clarified that the contextual ads are neither display ads nor search but those that show up as `sponsored links' or sponsored results.
Yahoo, it may be recalled, was the pioneer in Web display ads even before Google had come into existence.
Apple Inc. (NASDAQ:AAPL) is not Investible!
At least not at the moment, according to analyst Doug Kass of SeaBreeze Partners.
He told his clients that it was not the right time to jump into the shares of the company.
Justifying his view Kass said, “I remain of the view that the company’s profits and revenue will fail to meet consensus expectations.”
Is AAPL a Strong Buying Opportunity After The Recent Slump? Find Out Here
According to Kass the iPhone maker is expected to make $181.71 billion in revenue this year, with a gross margin of 38 percent, and earnings of $41.92 a share.
This is below the consensus figures of $183.4 billion, 39.2 percent, and $44.80 a share.
On Wednesday shares in Apple fell 49 cents to $457.35.
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