YHOO cancels at conference
Ramses II : YHOO cancels at conference
Yahoo (YHOO) has pulled out a scheduled appearance at a Merrill Lynch Internet conference on Thursday, the firm's analyst Henry Blodget is telling clients. "To our knowledge, Yahoo has never cancelled the day before a conference," he says, going to speculate that the reasons behind the pullout are likely due to an "impending earnings preannouncement, a major acquisition, a take-out or strategic investment and/or a major management change." Or, it could be none of the above. "Let your imagination roam," Blodget advises.