Saturday August 11, 2012
Yahoo may rethink use of cash from sale
SAN FRANCISCO: Yahoo Inc startled investors by announcing that new chief executive Marissa Mayer might reconsider what it would do with the cash it got from a multi-billion dollar sale of half of its 40% stake in Chinese Internet company Alibaba Group.
Shares of Yahoo, which had previously promised to return most of the cash to shareholders, slid 3.5% to US$15.45 in after-hours trade. Reuters
- MIC Youth chief T Mohan will not defend post
- Police to record statement from wife of dead detainee
- Football fan in coma after falling from stands
- Child killed by escaping criminals
- MIC-IPF merger on the cards?
- Khaled: DAP did well in GE13 by 'simply making promises'
- Maximus: No private land will be used for Sabah marine park
- PM Najib: BN has to adapt to remain relevant
- Centre to train Sabahan youths to run renewable energy systems launched
- It takes nearly 72 hours to get a new polycarbonate passport now
- Najib: Rallies only lead to chaos

- Leave no stone unturned in latest death in lock-up case
- Give birth naturally, women urged
- King launches ‘Colours of 1Malaysia’ at Dataran Merdeka
- Housewife extorted over nude pics
- Travel Picks: Top 10 golf resorts around the world
- Chinese premier criticizes EU move on trade measures
- Justice Department opposes AMR's $20 million severance for CEO Horton
- News Corp to take charge of up to $1.4 billion this quarter
- Wall Street Week Ahead: Investors look for signs in the rally's break
- Unhappy with how your fave series is faring? Amazon gives you a say
- Visa, Mastercard ask U.S. court to declare card fees are lawful
- Wall Street posts first weekly loss since mid-April on Fed angst
- IMF's Lagarde escapes formal investigation in court
- Politics of development pays dividend
- A thematic play seen
- Sarawak counters hogging the limelight
- Getting GST acceptance will be tough
- A yen for the unloved dollar standard
- Bitten by the music bug
- Formula One: Grosjean shrugs off crashes
- Kuchar clings to one-shot lead at Colonial
- Moreno closing in on first LPGA victory
- Macdonald and Marques share the lead
- McIlroy among big names who miss the cut as Molinari leads
- Kuchar leads in weather-hit second round
- Two tied at the top as rain stops play in the Bahamas
- Sweet revenge as Froch defeats Kessler
- Gay rolls to New York win as Richards-Ross waits
- Pandelela-Mun Yee and Yan Yee-Jun Hoong bag bronze medals in Mexico
- World No. 1 Nicol sinks Waters to reach British Open final
- China confident of sweeping aside their final opponents
- Koreans in the final despite Dong-keun’s loss
- Nico Rosberg revels in the rain as Mercedes stamp their mark
- Whitmarsh: McLaren’s hopes were too high this season
- Travel Picks: Top 10 golf resorts around the world
- Politics of development pays dividend
- Sarawak counters hogging the limelight
- HyppTV goes for bigger market share
- Google makes the world go round
- Living through your midlife
- Who has the better chance of bagging that high-salary post?
- Matrix Concepts building Negri houses for KL commuters
- Getting GST acceptance will be tough
- Klang Valley a haven for UOA Dev
- Living through your midlife
- Who has the better chance of bagging that high-salary post?
- More can be done to promote private retirement scheme
- Sarawak counters hogging the limelight
- Klang Valley a haven for UOA Dev
- Travel Picks: Top 10 golf resorts around the world
- Misif: Mergers vital for local steel millers to compete
- HyppTV goes for bigger market share
- YKGI eyes Indonesian, Thai markets
- Politics of development pays dividend


