• Ad sales slump but Yahoo promises investors an Alibaba payday

  Yahoo CEO Marissa Mayer told investors they'll share in half the proceeds from Alibaba's blockbuster IPO. Yahoo also plans on holding on to a larger stake in the Chinese e-commerce firm than previously reported.

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• Yahoo's Marissa Mayer Says Disappointing Earnings Were Just A "Short-Term Setback"

   After an earnings report that came in below analyst expectations, Yahoo CEO Marissa Mayer spent a good portion of today's analyst call making the case that she can still turn the company around. Mayer said that Yahoo was "not satisfied with our results this quarter." However, she also argued…

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• Yahoo Gets To Keep More Of Its Stake In Alibaba

   As part of today's earnings release, Yahoo revealed that Alibaba is allowing it to keep a greater portion of its stake when it issues its initial public offering. Yahoo will be required to sell 140 million shares in the Chinese e-commerce company, compared to the 208 million the two companies…

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• Yahoo Misses In Q2 With Revenue Of $1.04B, EPS Of $0.37

   Today after the bell, Yahoo reported its second quarter financial performance, including revenue (excluding traffic acquisition costs, or TAC) of $1.04 billion and non-GAAP earnings per share of $0.37. Revenue including TAC was $1.08. Analysts had expected the company to earn $0.38 on revenue of…

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