On Friday, Shares of Yahoo! Inc. (NASDAQ:YHOO), lost -2.95% to $31.58.
Yahoo has accomplished its acquisition of Polyvore.
The acquisition will enhance Yahoo’s consumer and advertiser offerings 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).
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. Polyvore’s technology brings 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.
With Yahoo’s support and investment, Polyvore products and services will continue to operate. The Polyvore team will join respective Yahoo offices in Sunnyvale, San Francisco and New York and Polyvore Co-Founder and CEO Jess Lee will report directly to Simon Khalaf, SVP, Product & Engineering, Publisher Products at Yahoo.
Polyvore is a shopping site where you can give and get styling ideas from the world’s largest style community. Polyvore provides brands and retailers a way to connect with influential consumers and drive sales through native advertising solutions.
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 Starbucks Corporation (NASDAQ:SBUX), declined -0.75% to $54.28, during its last trading session.
After thousands of MyStarbucksIdea.com votes, Tweets and barista requests, one thing is clear: Canadian Starbucks customers are thirsty for additional options for dairy alternatives. Startning Tuesday, September 8, Starbucks customers in Canada can customize their beverages with Starbucks® Single Origin Sumatra Coconut Milk in company-operated and licensed store locations coast-to-coast.
After careful research and development, Starbucks Global R&D team developed a rich, creamy coconut milk that complements Starbucks® hot, iced and Frappuccino® blended beverages. First launched in U.S. Starbucks locations in February 2015 , Starbucks® Single Origin Sumatra Coconut Milk is certified vegan and made from single-origin coconuts from the tropical Indonesian island of Sumatra. With the addition of Coconut Milk, customers have numerous options counting soy milk, 2%, non-fat, whole milk, half-and-half and in some areas lactose-free milk, adding to the more than 170,000 ways to customize Starbucks® beverages in stores.
My Starbucks Idea™ was launched in 2008 as a way to engage with customers around the world and learn from them. This dynamic community of ideas has brought a number of innovations to the marketplace, counting most recently the Mini Frappuccino® blended beverage, Caffeine-Free Oprah Chai Herbal Blend and Starbucks® Cold Brew. Through this forum, customers can submit ideas, vote and rank them, and lobby for their own ideas. Visit MyStarbucksIdea.com for details.
Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. The company operates in four segments: Americas; Europe, Middle East, and Africa; China/Asia Pacific; and Channel Development.
Finally, Arch Coal Inc. (NYSE:ACI), ended its last trade with -15.99% loss, and closed at $5.41, as a downbeat outlook for coal prices at J.P. Morgan kept pressure on the beaten down sector. The drop in Arch Coal’s shares to below $5.50 comes less than two months after the company declared a 1-for-10 reverse stock split, aimed at raising the price of the stock so it can remain listed on the New York Stock Exchange. Market Watch Reports
Arch Coal, Inc. produces and sells thermal and metallurgical coal from surface and underground mines located in the United States. As of December 31, 2014, it operated or contracted out the operation of 16 mines; and owned or controlled about 5.1 billion tons of proven and probable recoverable reserves.
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