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Bonneville Seattle is raising funds for the construction of a second Fisher House at Joint Base Lewis-McChord in Tacoma and we need your help.News Summary: Yahoo stock extends recent rally
November 26, 2012 @ 1:46 pm
(AP) - MINOR MILESTONE: Yahoo's stock price touched $19 for the first time in more than two and half years Monday, before ending the session up 1 percent at $18.75.
ON THE REBOUND: The gain extended a rally that started about two months ago after Yahoo Inc. CEO Marissa Mayer pledged to use most of the money from a recent $4.3 billion windfall to buy back the company's stock. The long-slumping shares have climbed by about 20 percent since that commitment.
HIGH HOPES: More investors are starting to believe Mayer, a respected executive hired away from Google Inc. in July, will be able to turn around the troubled Internet company.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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Bonneville Media encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comments can descend to personal attacks. Please do not engage in such behavior. We encourage your thoughtful comments which: have a positive and constructive tone, are on topic, are respectful toward others and their opinions. Bonneville reserves the right to remove comments which do not conform to these criteria.