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MarketFoolery

Is Yahoo Up For Sale?

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 2 December 2015

⏱️ 26 minutes

🧾️ Download transcript

Summary

Yahoo is considering a sale of its core Internet business. Ascena Retail Group struggles despite raising guidance. And Cabela’s isn’t considering, it’s definitely up for sale. Plus we share a couple of business takeaways from the classic TV special “Rudolph The Red-Nosed Reindeer”.

Transcript

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0:00.0

It's Wednesday, December 2nd.

0:03.5

Welcome to Market Foolery.

0:04.8

I'm Chris Hill joining me in studio today from Motley Fool Funds, Bill Barker.

0:08.4

Happy Wednesday.

0:09.6

Thank you.

0:11.6

It's happy in here because outside it's just terrible. It's just the it's the worst of the

0:16.8

winter weather here and by that I mean it's cold and rainy.

0:21.0

And we're still basking in the globe post Rudolph, you know, celebration.

0:26.4

CBS airing last night, Rudolph the Red Nose Reindeer.

0:29.5

So of course we're going to talk about that.

0:31.0

As we do every year.

0:32.3

As we do every year. But we're going to talk about that. As we do every year.

0:32.6

As we do every year.

0:33.6

But we're going to talk about some business news first, including the latest about Yahoo.

0:39.6

But let's start with a Cina retail group, which is the parent company of Ann Taylor, Dress Barn, Justice.

0:47.0

First quarter profits came in much higher than expected.

0:50.0

They raised guidance for the full fiscal year and I don't know what's going on with

0:55.0

this stock. I don't know what happened between the time the trading opened and investors

1:01.7

were looking at these results and the stock popped 8% and in the ensuing 2 to 3 hours

1:10.0

it has come back to the point where it's basically flat.

1:13.0

Did they say something on a conference call?

1:15.0

Like what, this is a good quarter.

...

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