Yahoo (NASDAQ:YHOO) Considers $16.50 Share Bid From Silver Lake (potential upside 16.9%) + Google Launches New Google Bar

Uploaded by FinancialNewsOnline on Nov 30, 2011

All Things Digital reported that Silver Lake is offering Yahoo (NASDAQ:YHOO) about $16.50 per share for 19.9% of the company.

Silver Lake's plan would give them three board seats, and another for its choice of CEO. One other sear would be Yahoo co-founder and current board member Jerry Yang.

Yahoo! (NASDAQ:YHOO) has a potential upside of 16.9% based on a current price of $15.7 and an average consensus analyst price target of $18.36.

Yahoo! is currently above its 50-day moving average (MA) of $15.38 and above its 200-day of $15.45.
.

Uploaded by FinancialNewsOnline on Nov 30, 2011

Google (NASDAQ:GOOG) announced a new Google bar that the company said would enable people to navigate quickly between its services, as well as share as the "right stuff" with the right people easily on Google+.

Instead of the horizontal black bar at top of the page, links to the services will be available in a new drop-down Google menu nested under the Google, the company explained.

Google (NASDAQ:GOOG) has potential upside of 25.5% based on a current price of $582.93 and an average consensus analyst price target of $731.39.

Google should find initial support at its 50-day moving average (MA) of $569.05 and further support at its 200-day MA of $555.67.