On Wednesday, Shares of Yahoo! Inc (NASDAQ:YHOO), lost -0.54% to $31.77.
Yahoo! Inc, 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.
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 Unilife Corp (NASDAQ:UNIS), inclined 18.80% to $1.39, during its last trading session.
Unilife Corporation (NASDAQ: UNIS and ASX: UNS), a developer, manufacturer and supplier of injectable drug delivery systems, declared that in response to third-party initiated expressions of interest, the Company’s Board of Directors has engaged Morgan Stanley & Co. LLC to conduct a review of planned alternatives to maximize shareholder value.
Potential planned alternatives to be explored and evaluated during the review process may comprise a possible sale of the Company, a planned partnership with one or more parties or the licensing of some of the Company’s proprietary technologies. The Unilife Board of Directors will not provide any commitment regarding when or if this planned review process will result in any type of transaction, and no assurance can be given that the Company will determine to pursue a potential sale, planned partnership or licensing arrangement.
Mr. Alan Shortall, Chairman and CEO of Unilife, said: “In keeping with the Board’s commitment to act in the best interests of all shareholders, we have determined at this time that it is prudent to explore planned alternatives to determine the best opportunities for enhancing shareholder value. Unilife administration will continue to operate the business as normal during this review process to serve the needs of existing and prospective pharmaceutical customers.”
Unilife Corporation designs, manufactures, and supplies injectable drug delivery systems in the United States and internationally. The company offers Unifill, a pre-filled syringe with integrated, automatic, and user-controlled retraction; Unifill Finesse, an integrated, automatic, and user-controlled retraction with standard plunger seal and plunger rod; Unifill Select, which allows an end-user to select and attach a needle at the time of injection; Unifill Nexus that is equipped with an integrated luer adapter to provide connectivity with needleless luer access devices; and Unifill Allure, which combines universal luer connectivity with automatic, user-controlled needle retraction.
Finally, TrueCar Inc (NASDAQ:TRUE), ended its last trade with 7.12% gain, and closed at $6.02.
TrueCar, Inc. (NASDAQ: TRUE), the negotiation-free car buying and selling mobile marketplace, finds August’s revenue for new vehicles will likely reach $49 billion for the month, up 0.7 percent as compared to the same period last year.
The U.S. economy and auto industry continue to benefit from the best fundamentals in over a decade, and brisk consumer demand for premium and utility vehicles remains steady. Despite a slight uptick this month, automakers have generally maintained discipline with incentive spending.
TrueCar estimates the average transaction price (ATP) for a new light vehicle in August is $31,825, up 0.7 percent over a year ago, while average incentive spending per unit grew $79 to $3,066. The ratio of incentive spending to ATP was 9.6 percent, up 1.9 percent over a year ago.
“The auto market remains healthy and ATP in August should hit a monthly record,” said TrueCar Executive Vice President Larry Dominique, who also runs TrueCar’s ALG unit. “Consumer confidence remains strong as evidenced by steady demand, particularly for luxury and higher trim level vehicles, which has resulted in $49 billion of revenue for automakers this month.”
Despite the revenue growth, TrueCar estimates retail sales of new vehicles will decline 3 percent this month, with total industry deliveries, counting fleet sales, down 2.9 percent. The Seasonally Adjusted Annual Rate (SAAR) should reach 17.4 million units, keeping the industry on pace to reach 17.2 million sales this year, the highest volume since 2000.
On the TrueCar platform, compact utilities remain very popular among consumers with the Honda CR-V, Toyota RAV4 and Nissan Rouge leading the segment. Separately, Toyota’s Prius hybrid climbed into the top-five searched vehicle list. With the forthcoming launch of the fourth-generation Prius, interest in the new model’s design and features has peaked. Consumers are also interested in discounts on the current generation of the world’s best-selling hybrid.
TrueCar, Inc. operates as an Internet-based information, technology, and communication services company. The company operates its platform on the TrueCar Website and TrueCar mobile applications. It also customizes and operates its platform for its affinity group marketing partners, counting financial institutions, membership-based organizations, and employee buying programs for large enterprises.
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