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Wall Street Warming To Mayer's Yahoo

  • Reuters, Tuesday, November 20, 2012 12:02 PM

Critical to Yahoo’s long-term success, Wall Street appears to be warming to the Web portal and its recently appointed CEO, Marissa Mayer. “The Internet pioneer has yet to actually provide Wall Street with any hard evidence that its business is turning a corner … but investor faith in the ex-Google executive is running high,” Reuters reports. In fact, Yahoo shares just reached their highest level in a year and a half.

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