(Reuters) - Citigroup said it is likely Microsoft Corp will raise its $31-per-share offer for Yahoo Inc and upgraded Yahoo shares to “buy” from “hold.” The brokerage also raised its price target on Yahoo’s stock to $34 from $31, saying it believed Microsoft remained committed to its offer and “is capable of and willing to” […]
NEW YORK (AFP) - Shares in Internet search behemoth Google surpassed 700 dollars for the first time Wednesday, cementing the technology firm’s position as one of America’s most valuable companies.
Google’s shares closed up 1.7 percent at 707.00 dollars amid wider market gains as investors continued to snap up its shares. Its share price has […]
This is no time for Google’s shares to be reaching all-time highs. It’s not that the company’s performance doesn’t warrant a lofty stock price. Fresh statistics from researchers at comScore (SCOR), for instance, showed Google (GOOG) accounted for 37.1 billion, or 61%, of the 61 billion Web searches carried out globally in August.
No, the problem […]