On Thursday, Shares of Yahoo! Inc. (NASDAQ:YHOO), lost -2.12% to $36.46.
Yahoo!, and Polyvore, declared that they have reached a definitive agreement for Yahoo to acquire Polyvore, a leading social shopping site. The acquisition will enhance Yahoo’s consumer and advertiser offerings — Polyvore will strengthen Yahoo’s digital magazines and verticals through the incorporation of community and commerce, and together Yahoo and Polyvore will power native shopping ads that drive traffic and sales to retailers. Broadly, Polyvore will accelerate Yahoo’s Mavens growth strategy (mobile, video, native, social) through its strong offerings in social, native, and mobile.
On Polyvore, users put together sets of clothing, accessories, and lifestyle goods that express their love for style and shopping in a compelling, digital, social setting. In addition to natural integrations with Yahoo Style and Yahoo Beauty, Polyvore’s strong media experience, where community-powered content is curated and actionable for shoppers, will enhance the full portfolio of Yahoo’s digital magazines and verticals. When it comes to advertising, Polyvore’s technology will bring a proven native ad model, new compelling native ad formats, and strong advertising relationships with more than 350 retailers to Yahoo’s fast-growing native advertising platform, Yahoo Gemini.
Yahoo! Inc. provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a starting point to navigate the Internet and discover information; and Yahoo Answers, which enables users to seek, discover, and share knowledge and opinions across mobile phones, tablets, and desktops.
Shares of E I Du Pont De Nemours And Co (NYSE:DD), declined -0.13% to $54.50, during its last trading session.
DuPont, declared second quarter 2015 operating earnings of $1.18 per share contrast to $1.17 per share in the preceding year. GAAP earnings were $1.03 per share, contrast to $1.15 per share in the preceding year.
Second quarter sales were $8.6 billion, down 11 percent as compared to preceding year due to negative impacts from currency (5 percent), portfolio changes (2 percent), volume (2 percent) and local price and product mix (2 percent). Segment pre-tax operating earnings of $1,586 million comprised of about $210 million, or $0.17 per share, of negative impact from currency. Operating earnings comprised of $0.09 per share of benefit related to exchange gains and taxes, attributable to preceding periods. Performance Chemicals segment operating earnings were $113 million, or $0.10 per share, a 55 percent reduction as compared to preceding year.
E I. du Pont de Nemours and Company operates as a science and technology based company worldwide. The company’s Agriculture segment offers corn hybrid, soybean, canola, sunflower, sorghum, inoculants, seed products, wheat, rice, herbicides, fungicides, and insecticides.
Finally, Global Cash Access Holdings, Inc. (NYSE:GCA), ended its last trade with 6.00% gain, and closed at $4.95.
Global Cash Access Holdings stated its financial results for the three months ended June 30, 2015. As GCA accomplished the acquisition of Multimedia Games Holding Company, Inc. by way of a merger in December 2014, the three months ended June 30, 2015 referenced below comprise a full quarter of operating results.
Global Cash Access Holdings, Inc. provides cash access services and related equipment and services to the gaming industry. The company operates in Cash Advance, ATM, Check Services, Games, and Other segments.
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