Heads-up: Yahoo to combine with AOL?


Following my last post, just a quick heads-up note on Yahoo (YHOO) rebound. Apparently things are moving in the right direction again for Yahoo , reports Business Week, as Merrill Lynch changed their rating. The stock rose 3.3% in one day.

Assumptions are mixed from a possible AOL acquisition, Project Panama, designed to better match ads with search results, expected to generate over $500 million in revenue (25 cents in EPS) over two years and the pure speculation on Yahoo’s stock which lost 35% year to date.

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