online stock investing

Verizon and Yahoo are waiting until nearly the last possible moment to close their deal.

Yahoo (YHOO, Tech30) said Tuesday it now expects the long awaited Verizon (VZ, Tech30) acquisition to be completed in June. Yahoo had previously said the deal would close in the second quarter, which ends June 30.

“With the transaction anticipated to complete in June, I’ve never been more proud of the improvements we’ve made to the business and the value we’ve delivered to our shareholders,” Marissa Mayer, Yahoo’s CEO, said in a statement included with its first quarter earnings results.

Verizon declined to comment on the timetable.

Yahoo and AOL are expected to form a new company under Verizon called Oath this summer, once the acquisition is completed. The company was first teased earlier this month by Tim Armstrong, the head of AOL who helped spearhead the Yahoo acquisition.

“Billion+ Consumers, 20+ Brands, Unstoppable Team. #TakeTheOath. Summer 2017,” Armstrong wrote on Twitter.

online stock investing: Axcelis Technologies Inc.(ACLS)

Advisors’ Opinion:

  • [By Chris Dier-Scalise]

    "We have three stocks that we have identified, Excelis Technologies Inc (NASDAQ: ACLS), Cohu, Inc. (NASDAQ: COHU), and Entegris Inc (NASDAQ: ENTG). All of these companies spiked up on their recent positive earnings surprises and they’ve now pulled back to the point that we think they‘re attractive"

  • [By Anders Bylund]

    Shares of Axcelis Technologies (NASDAQ:ACLS) gained 21.7% in March 2017, according to data from S&P Global Market Intelligence.

    So what

    The maker of manufacturing equipment for semiconductor factories is largely following the medium-term trajectory of the industry-tracking PHLX Semiconductor index. Being a small-cap player in that large sector, Axcelis saw its share prices falling in early March only to whipsaw back to a strong gain on heavy trading volume.

online stock investing: Myers Industries, Inc.(MYE)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Tuesday, basic materials shares fell 0.63 percent. Meanwhile, top losers in the sector included Myers Industries, Inc. (NYSE: MYE), down 7 percent, and CF Industries Holdings, Inc. (NYSE: CF) down 6 percent.

online stock investing: FXCM Inc.(FXCM)

Advisors’ Opinion:

  • [By Lisa Levin]

    FXCM Inc (NASDAQ: FXCM) shares dropped 53 percent to $3.24 after the company announced regulatory settlements with NFA and CFTC against its U.S. subsidiary, Forex Capital Markets LLC. Gain Capital Holdings Inc (NYSE: GCAP) agreed to acquire the client base of FXCM's U.S. operations after FXCM reported that it will be withdrawing from U.S. business.

online stock investing: Huaneng Power International, Inc.(HNP)

Advisors’ Opinion:

  • [By Lisa Levin]

    In trading on Friday, utilities shares rose by just 0.5 percent. Meanwhile, top losers in the sector included TransAlta Corporation (USA) (NYSE: TAC), down 1 percent, and Huaneng Power International Inc (ADR) (NYSE: HNP), down 1 percent.

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