Yahoo faces senator ire on late confirmation of data breach – september 29, 2016 – zacks. com vanguard total return bond fund

One thing leads to another. Blackrock total return fund Soon after Yahoo! Inc. Total return index s&p 500 ( YHOO – Analyst Report) called the massive 2014 hacking incident a “state sponsored” attack without providing any evidence in support of its claim, it received a letter from six senators, all Democrats, that demands an explanation from CEO Marissa Mayer for such a late confirmation of the hacking incident.

The senators include Patrick Leahy of Vermo, Richard Blumenthal of Connecticut, Al Franken of Minnesota, Ron Wyden of Oregon, Edward Markey and Elizabeth Warren of Massachusetts.

Lawmakers have called the breach “unacceptable” and stated that they were “disturbed” with the intrusion. Blackrock total return r “That means millions of Americans’ data may have been compromised for two years,” a part of the letter reads. Franklin templeton global total

return It demands a briefing of the breach to the senators’ staff.

The letter came a day after Democratic Senator Mark Warner had asked the U.S. Templeton global total return a Securities and Exchange Commission (SEC) to look in to whether Yahoo abided by federal securities laws while informing the public and investors about the data breach.

Did Yahoo not know about the situation until recently? If yes, then what took it so long to take stock of the situation? Is the company really capable of securing users data? Again, on what basis should one believe Yahoo’s claim of a “state sponsored’ attack?

These are some of the questions that surfaced after the incident came into light. How to calculate yield on rental property Well, it appears that we will soon get the answers when Yahoo officially responds to the list of questions posed by lawmakers.

Market watchers like us are eagerly waiting to see how all these affect Verizon’s decision to acquire Yahoo’s core assets for $4.8 billion. Db x trackers portfolio total return index etf test We believe that the deal could be significantly impacted if Verizon finds a material adverse change (MAC) in the period between signing and closing.

In response to the breach disclosure, Verizon had stated that “We will evaluate as the investigation continues through the lens of overall Verizon interests, including consumers, customers, shareholders and related communities.”

Currently, Yahoo is a Zacks Rank #3 (Hold) stock. Mutual fund return comparison Better-ranked stocks in the in the broader technology sector include LinkedIn Corporation ( LNKD – Analyst Report) , Autobytel Inc. Total return bond ( ABTL – Snapshot Report) and Yirendai Ltd. Templeton global total return fund a mdis usd ( YRD – Snapshot Report) , each sporting a Zacks Rank #1 (Strong Buy). Mfs meridian funds global total return fund a1 eur You can see the complete list of today’s Zacks #1 Rank stocks here.

Linkedin has seen estimates for the full year rise over the past 60 days by more than 100%. Pimco total return fund performance For Autobytel, estimates rose 11.2% in the last 60 days. Mutual fund return calculator Over the same period, Yirendai saw its estimates go up by 33.6%.

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