Morning Buzz: Yahoo (YHOO), Advanced Micro Devices (AMD), China Housing Inc. (CHLN), Microsoft (MSFT)

Shares of Yahoo! Inc. (YHOO) are higher by nearly 4% to $28.66 in pre-market trading on Tuesday after the company announced plans to move ahead with the spin off of its 40% stake in Chinese e-commerce giant Alibaba Group (BABA) despite the IRS declining to rule that the move will be tax free. Yahoo expects […] View the full post at: Morning Buzz: Yahoo (YHOO), Advanced Micro Devices (AMD), China Housing Inc. (CHLN), Microsoft (MSFT) Related posts: Alibaba Ready To Buy Back Yahoo Stake Microsoft Offered $1 Bln For Yahoo’s Search Business A Yahoo-Microsoft Deal Could Be Announced Any Time