Burford Capital: AIM’s biggest firm still growing fast City Talk By Graeme Evans from interactive investor. This AIM star is already big enough to make the FTSE 100, but City analysts argue it is worth even more. The extraordinary story of Burford Capital (LSE:BUR) continued in earnest today as the AIM market's biggest stock delivered another record year of significant profits growth. With shares up [...]
US telecoms company Verizon announces $4.6bn writedown on Oath business US telecoms giant Verizon Communications will announce a writedown of up to $6.7bn (£5.35bn) in the fourth quarter on the value of its Oath media business and redundancy programme costs. Oath, which was formed after the merger of AOL and Yahoo in 2017, has seen a deterioration in sales and revenue leading to a $4.6bn [...]
Microsoft sells display advertising business to AOL and map technology to Uber Microsoft has sold its mobile and video advertising businesses to AOL in the US, UK and seven other key markets as it looks to focus on search advertising. Read more: Verizon swoops for AOL in $4bn bid to boost ads AOL, recently purchased by US telecoms giant Verizon, will take control of all display advertising on [...]
AOL share price jumps as activist investor Starboard tells Yahoo chief exec Marissa Mayer to consider merger September 26, 2014 AOL's share price jumped six per cent today after an activist investor told Yahoo chief Marissa Mayer that the troubled US media company should buy it. In a letter to Mayer, Starboard, which specialises in investing in undervalued and under-performing companies, and is a significant shareholder in Yahoo, said combining with AOL offered opportunities that [...]
AOL makes a play for television platform August 7, 2013 AOL yesterday revealed plans to buy Adap.tv, an electronic trading platform that helps companies advertise on video websites, for $405m in its biggest acquisition under chief executive Tim Armstrong. AOL, which is trying to rely less on its dial-up subscription service, also reported higher-than-expected revenue of $541.3m for the second quarter.