Yahoo Is Pretty Much Worthless, In Wall Street's Opinion

Image: AP

With Yahoo's shares trading just over $14, investors are telling the world that its core business is worthless, says Aaron Kessler of ThinkEquity.

Kessler did a sum-of-the-parts analysis of Yahoo, and estimated that Yahoo's assets are worth $15.29 per share in total. If you discount 30% to factor in tax implications from selling, Yahoo's assets are worth $9.50 per share (not counting cash).

In other words, if you stripped out the strategic investments and just looked at Yahoo's core business, it's only worth $4 or less, says Wall Street.

Here's the breakdown via Eric Savitz at Barron's:

Yahoo! Japan: The company owns a 34.9% stake; on an undiscounted basis, he calculates, the stake is worth $4.88 a share. Alibaba.com: Yahoo has a 29% stake, worth $2.10 a share on an undiscounted basis. Alibaba Group: Yahoo has a 40% stake, which he estimates is worth $5.61 a share. The company has $2.70 a share in cash.

See Also: Sorry, Carol Bartz Says She's Not Selling The Alibaba Stake

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Selena Gomez And ;Taylor Swift Form Mutual Admiration Society:

"It was so funny, I got to see her and we played each other both of our records, and I was so excited. I'm so excited for her record 'cause it's amazing. But then she heard mine and it's so funny 'cause she's very passionate and she's very dramatic — which I think is why we're friends because we're both dramatic — but she has her favorites already. She likes 'Rock God and 'Ghost of You' a lot. But she definitely danced and had her little thing. She's completely honest with me, so it was nice to have her feedback."
-Teenage pop star Selena Gomez discussing her new album and her relationship with pal Taylor Swift. Each of the pair has a new album hitting stores soon — Gomez's A Year Without Rain drops on Tuesday (September 21) and Swift's Speak Now streets October 25. Swift weighed in on Gomez's album, and Selena has plenty of favorites from Swift's forthcoming project as well. "My favorite songs from her record would be 'Dear John' and another one ... it's number 13 on the record 'cause that's her favorite number ... it's really sweet," she told MTV News. "There's two that I'm absolutely in love with."
While Gomez is excited over her new album (which has already caused a stir with the two singles "Round & Round" and "A Year Without Rain"), she is also eager for people to hear Swift's new tunes. "Her album is going to be awesome. I think people are gonna be really surprised. It's not different [but] you just don't really believe she could top it, in a way," she explained. "She took her style and made it bigger. It's going to be really good."
Tags Quote, Selena Gomez, Taylor Swift
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VMAs 2010: Taylor Swift Dissed Kanye West in New Song - Softpedia

Reports say Taylor Swift refused to do a duet with Kanye West for the 2010 Video Music Awards, and chose instead to perform a song she’d written with him in mind. MTV executives were not at all happy with her decision.

As some of you may remember, a year ago, Kanye rushed to the stage as Taylor was accepting her award for Best Female Video, took the mic from her hand and told the crowd that she didn’t deserve to win.

Because of his rude gesture and because Taylor happens to be ever so popular, Kanye took a lot of heat in the media, which forced him to lay low for about an entire year.

Rumors said VMA producers had convinced him to duet with Taylor on the night of the awards, thus bury the hatchet for good, while also getting lots of media for it.

Instead, Taylor took to the stage, alone, barefoot and standing in what looked like a derelict house, and sang about someone who’s 32 and still growing up, and who’s not what he’s done.

Producers were not at all happy with the singer’s choice, because it was a direct diss to Kanye, Ted Casablanca of E! Online’s The Awful Truth writes.

“Certain MTV execs were not pleased with Ms. Swift’s performance – or lack-there-of, as it might be. Not only did her appearance leave some viewers scratching their heads, but Tay also shied away from a proposed duet between the two superstars,” Casablanca writes.

“Trust us, folks in the Nokia Theatre, where the VMAs were held, were just as confused listening to T.Swift – wandering around her bizarre broken down home set sans shoes and singing a little ditty that everyone knew was addressed to the Kanye – as we’re sure you viewers at home were,” the columnist goes on to say.

Though the message of the song is a positive one, the ending also coming with a sunrise (symbolic of new beginnings), the way it was rendered was simply too much for a singer who’s known for being rather “normal,” for lack of a better term.

“The whole performance was over-the-top melodramatic – Taylor’s signature style, natch – for an incident that, in retrospect, really wasn’t a big deal. And from a gal who is supposedly totally over the whole ordeal, no less,” Casablanca points out.

The fact that she had last year’s scene / interruption play in grainy images before her new song started only added to the melodramatic moment – and didn’t score Taylor any points with the same executives, the report further says.

Then again, there are also those who say Taylor is only singing about forgiveness and how everybody makes serious mistakes at some point in their life. The rest is just what people WANT to see in her new song. 

Here is Taylor Swift’s performance at the 2010 Video Music Awards. Judge for yourself.

Follow the editor on Twitter @ElenaGorgan

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Selena Gomez and Taylor Swift approve of each other's new albums - Hollywoodnews.com

HollywoodNews.com: Taylor Swift already debuted a new song at the 2010 MTV Video Music Awards and now pal Selena Gomez is gearing up for the release of her new album entitled “A Year Without Rain.” While the two may both be buying for the same fans, that doesn’t stop the two from being fans of each other’s music.

Selena told Teen Daily, “She’s completely honest with me.” Apparently, they have each shared their new material with each other and each love what they heard. Maybe we’ll hear a collaboration from the two in the future?

Gomez’s new album hits stores on September 21st.

Follow Hollywood News on Twitter for up-to-date news information.

Hollywood News, Hollywood Awards, Awards, Movies, News, Award News, Breaking News, Entertainment News, Movie News, Music News

Linny Lum is a lifestyle, celebrity, and pop culture multimedia writer.

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Quick Takes: Taylor Swift CD comes with a bonus - Los Angeles Times

Swift CD with a bonus

Taylor Swift is the latest act to offer bonus album content to an exclusive retailer.

The country superstar is aligning herself with Target Corp. for the release of her latest album, "Speak Now." The store will offer fans three additional songs, remixed tunes and video content when the album is released Oct. 25.

"Speak Now" is the follow-up to her Grammy-winning, multiplatinum CD "Fearless."

—Associated Press

U.S. album sales set all-time low

Album sales in the United States plunged to a record low last week for the third time this year, Billboard reported Wednesday. For the year as a whole, sales are 13% lower than the same time last year, the trade publication said.

The best seller for the week was Sara Bareilles' "Kaleidoscope Heart," which tallied 89,500 units sold, Billboard said. Eminem's "Recovery" moved 81,000 to rank second.

Total album sales for the week were 4.83 million, the lowest weekly figure since Nielsen SoundScan began tracking sales in 1991, Billboard said. The previous low was 4.95 million, set only a month ago.

—From a Times staff writer

Locals to mark 'Misfits' at 50

Toni Westbrook-VanCleave was only 6 at the time, but she still remembers Marilyn Monroe strapping on a toy gun belt and playing cowboys and Indians with her brother during a break in filming of "The Misfits" in the then-small town of Dayton, Nev. VanCleave was a $10-a-day extra during a rodeo scene.

In testimony to the public's enduring fascination with Monroe, VanCleave and other locals will gather Saturday and Sunday in Dayton, about 40 miles southeast of Reno, to mark the 50th anniversary of filming for the last complete movie for both Monroe and Clark Gable.

The celebration will include a Monroe and Gable look-alike contest, a display of photographs of the stars taken in Dayton, a session of old-timers' reminiscences about the filming, and tours of the old bar where a light-hearted scene was shot of Monroe playing paddleball to the delight of male patrons.

—Associated Press

Book honors for Wolfe, 'Sesame'

For at least one night, Tom Wolfe will share billing with one of the founders of "Sesame Street."

The National Book Foundation announced Wednesday that the author of such bestsellers as "The Right Stuff" and "The Bonfire of the Vanities" will receive an honorary National Book Award for lifetime achievement.

The foundation said a special prize for outstanding service to the American literary community also will be given to Joan Ganz Cooney. Cooney's research on television and education helped inspire the beloved children's program "Sesame Street."

Nominees for the competitive categories will be announced Oct. 13. The awards ceremony takes place Nov. 17.

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Taylor Swift forgives Kanye West with a song - The Keene Sentinel

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Selena Gomez News - Selena Gomez Covers <b>Taylor Swift</b> (VIDEO <b>...</b>

by Celebuzz on Sep. 20, 2010 03:58 AM /

If imitation is the sincerest form of flattery, Celebuzz's Teen Queen Selena Gomez must really love her good friend Taylor Swift. The Wizards of Waverly Place cutie went country at the LA County Fair on Saturday, covering T-Swift's "You Belong With Me" in Pomona, Calif.

Selena also covered Katy Perry's "Hot N Cold" (while Katy celebrated her bachelorette in Vegas.)

Give a listen to Selena's Taylor cover here:

 What do you think of Selena's T-Swift cover? Did she do it justice or ruin it forever? Let us know your thoughts in the comments.

Selena Gomez's New Album: A Year Without Rain
Her fans have been waiting for this day forever, it seems, and today (September 21) Selena Gomez's new album A Year Without Rain hits stores. The “Wizards of Waverly Place” actress told press she’s super proud ...

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