{"id":12170,"date":"2013-11-01T12:00:02","date_gmt":"2013-11-01T16:00:02","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=12170"},"modified":"2013-11-01T12:00:02","modified_gmt":"2013-11-01T16:00:02","slug":"alibaba-magic-is-helping-yahoo-inc-nasdaqyhoo-turn-around-fortunes","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/alibaba-magic-is-helping-yahoo-inc-nasdaqyhoo-turn-around-fortunes-12170","title":{"rendered":"Alibaba magic is helping Yahoo Inc (NASDAQ:YHOO) turn around fortunes"},"content":{"rendered":"<p style=\"text-align: justify;\">Shares of Yahoo Inc (NASDAQ:YHOO) were down to a low of $18 last year but now this global digital media giant has seen a turnaround in its fortunes as shares have been as high as $35 recently. While a lot of people are giving the credit for all this to Yahoo\u2019s new head, quite a few people really know that it is because of the investments that it has made in Alibaba that are causing the surge of optimism around its stock.<\/p>\n<p style=\"text-align: justify;\">Despite the fact that Yahoo only owns a minority stake in ALobaba which is around 24%, the association has paid off well for Yahoo. The two companies have been major partners these last few years and have been mutually benefiting each other by a great deal. A few sources here and there say that the net income for Alibaba has surged ahead by 150% in comparison to previous quarters and a revenue increase of 60% has also been spoken of. It is believed that investors are keeping a close watch on the IPO offering that Alibaba has to make in the near future. This is one of the most anticipated IPOs in China in the last few years and there are a lot of people waiting eagerly for this event to take place.<\/p>\n<p style=\"text-align: justify;\">At one time, there was a lot of speculation and fear about yahoo selling its stake in the company altogether but the stock for Yahoo saw a significant increase when it announced that it would not have to sell off its shares in Alibaba. Yahoo\u2019s shares have been returning 100% on their value in the last year or so.<\/p>\n<p style=\"text-align: justify;\">Bernstein has given Yahoo an outperform status estimating that a value of $224 will be added for every share once the IPO for Alibaba is finally out and that could happen very soon. Yahoo investors are sure to be rewarded richly for their patience and loyalty with the company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Yahoo Inc (NASDAQ:YHOO) were down to a low of $18 last year but now this global digital media giant has seen a turnaround [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[709,1816,3322],"stock_ticker":[],"class_list":["post-12170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-nasdaqyhoo","tag-yahoo-inc-nasdaqyhoo","tag-yahoo-inc","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Alibaba magic is helping Yahoo Inc (NASDAQ:YHOO) turn around fortunes - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/alibaba-magic-is-helping-yahoo-inc-nasdaqyhoo-turn-around-fortunes-12170\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alibaba magic is helping Yahoo Inc (NASDAQ:YHOO) turn around fortunes - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Shares of Yahoo Inc (NASDAQ:YHOO) were down to a low of $18 last year but now this global digital media giant has seen a turnaround [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/alibaba-magic-is-helping-yahoo-inc-nasdaqyhoo-turn-around-fortunes-12170\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-11-01T16:00:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2013\/05\/yahoo_002.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Donna Fago\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Donna Fago\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/alibaba-magic-is-helping-yahoo-inc-nasdaqyhoo-turn-around-fortunes-12170#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/alibaba-magic-is-helping-yahoo-inc-nasdaqyhoo-turn-around-fortunes-12170\"},\"author\":{\"name\":\"Donna Fago\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/60ece280249b1fa366ae54f87bb8ae84\"},\"headline\":\"Alibaba magic is helping Yahoo Inc (NASDAQ:YHOO) turn around fortunes\",\"datePublished\":\"2013-11-01T16:00:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/alibaba-magic-is-helping-yahoo-inc-nasdaqyhoo-turn-around-fortunes-12170\"},\"wordCount\":330,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/alibaba-magic-is-helping-yahoo-inc-nasdaqyhoo-turn-around-fortunes-12170#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2013\/05\/yahoo_002.jpg\",\"keywords\":[\"NASDAQ:YHOO\",\"Yahoo! 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