Yahoo shares reach 18-month high as investors warm to new CEO

Yahoo! CEO Mayer listens during TechCrunch Disrupt SF 2012 in San FranciscoSAN FRANCISCO (Reuters) – Yahoo Inc shares reached their highest level in a year and a half, as investor confidence grows that new Chief Executive Marissa Mayer can pull off a comeback that eluded three of her predecessors. The Internet pioneer has yet to actually provide Wall Street with any hard evidence that its business is turning a corner – and she has warned that it will be a lengthy job – but investor faith in the ex-Google executive is running high. …

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