Optimum News 12 Newsday.com MSG Varsity Explore LI AM New York Optimum Autos Optimum Homes
Print Aa

Marissa Mayer: Yahoo shares reach 18-month peak as investors warm to CEO

Originally published: November 20, 2012 8:46 AM
Updated: November 20, 2012 8:52 AM
By REUTERS

On July 16, 2012, former Google executive Marissa

Photo credit: AP | On July 16, 2012, former Google executive Marissa Mayer was named Yahoo Inc.'s chief executive, the fifth in five years as the company struggled to rebound from years of financial malaise and internal turmoil. (April 19, 2010)

Yahoo Inc shares reached their highest level in a year and a half, as investor confidence grows that new chief executive Marissa Mayer can pull off a comeback that eluded three of her predecessors.

The Internet pioneer has yet to actually provide Wall Street with any hard evidence that its business is turning a corner -- and she has warned that it will be a lengthy job -- but investor faith...

Content Preview This content is exclusive for Newsday digital access and 7-day home delivery subscribers and Optimum Online customers.

Already
registered?
Log in
Already a
subscriber/customer?
Register
Get a 4-week trial for $1
Subscribe

advertisement | advertise on newsday

Related Stories

Facebook

advertisement | advertise on newsday

Top Jobs