Yahoo Profit Triples on Google Stake Sale
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Yahoo Inc. reported on Tuesday a quarterly net profit that more than tripled from the year earlier, boosted by the sale of shares it held in rival Google Inc. and stronger online ad revenue that analysts said may signal good results from other Web search providers.
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: Yahoo Inc. said today it sold $191 millions in Google Inc. stock in that company&#39;s initial public offering, cashing out some of the 2.7 million shares Google gave Yahoo this month to settle two disputes.
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Google, the Internet search company, surprised Wall Street by announcing that its sales and profit margins grew much faster than expected in the fourth quarter.
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Internet media company Yahoo reported its quarterly profit more than tripled from the year earlier, boosted by stronger online advertising and its acquisition of Overture Services.
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TOKYO (CBS.MW) - Yahoo Japan said Wednesday its second-quarter net profit rose 46.2 percent from a year earlier, helped by advertising sales and growth of its online auction services.
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The owner of the world&#39;s second most used internet search engine posted net income of $253.3m (Â£141m) or 17 cents a share, including a gain related to the sale of a portion of its stake in Google.
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Yahoo Inc. said Friday it sold $191 million in Google Inc. stock in that company's initial public offering, cashing out some of the 2.7 million shares Google gave Yahoo this month to settle two disputes.
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SAN FRANCISCO/NEW YORK  - Yahoo Inc  posted a drop in quarterly profit on Tuesday and forecast 2008 revenue below Wall Street forecasts as it cuts jobs and invests to shore up its Web advertising business.
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Internet media company Yahoo Inc.  YHOO.O on Tuesday posted a jump in quarterly profit fueled by  online advertising revenue and the sale of an investment.
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Google rose $14.97 to close at $187.40 per share, giving it a market value of $51.4 billion compared to $47.9 billion for Internet rival Yahoo.
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The Internet search giant posted profit of $1.07 billion, fueled by strong performance in its search and advertising business.
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Google Inc.  on Monday again  boosted the number of shares it plans to sell in its initial  public offering, saying it will issue 2.7 million shares to  Yahoo Inc.  to settle a lawsuit over technology used to  display ads.
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Google Inc.  said on  Thursday second-quarter net profit more than doubled as the Web  search leader dodged a trend of slowing growth that has hurt  rivals Yahoo  and eBay .
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Yahoo continued to ride the growth of online advertising in the third quarter, but more than half its profit in the quarter came from the success of its rival Google.
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Shares of Internet search companies Google Inc.  and Yahoo Inc.  rose on Monday after Goldman Sachs raised its fourth-quarter estimates for both companies.
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Yahoo Profit More Than Triples Thanks to Overture  Yahoo's quarterly profit more than tripled when compared to Q3 2003. The increase in Yahoo profit over this time period is largely attributed by the performance of Yahoo's search engine advertising service Overture. Yahoo posted net income of $253.3 million, or 17 cents ...
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Internet giant Yahoo Inc.&#39;s third-quarter profit nearly quadrupled, reflecting a continued boom in online advertising. The Sunnyvale-based company said Tuesday that it earned $253.