Yahoo stock down on fear of revenue loss
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Yahoo Inc.'s recently resurgent stock retreated by more than 5 percent Friday amid fears that a setback in a lucrative partnership with AT&amp;T Inc. will undercut the anticipated gains from an overhaul of the Web portal's advertising platform.
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SEATTLE/SAN FRANCISCO  - Yahoo Inc   rejected Microsoft Corp's  unsolicited $41.6 billion  takeover offer as too low on Monday, forcing the software maker  either to sweeten the bid or adopt a hostile approach to clinch  a deal.
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Slumping Yahoo Inc.'s fourth-quarter profit dropped less than analysts feared, but management signaled the Internet icon's turnaround efforts may still take another year to pay off.
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Questions about the auction company lead to a drop in the stock price. Does fear create an opportunity?
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Yahoo Inc. YHOO.O said on Tuesday it   expects third-quarter revenue at the bottom half of its   forecast range due to weakness from two of its biggest   advertising segments, sending shares down as much as 13   percent.
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Wall Street is expected to open slightly  lower on Monday after rallying on Friday after Microsoft Corp.   bid for Internet media firm Yahoo Inc. .
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Internet media company Yahoo Inc.  on Tuesday reported a dip in quarterly profit in line with previously lowered expectations, weighed down by weak brand advertising and recent management turmoil.
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Yahoo Inc. YHOO.O said on Tuesday   the company expects third-quarter revenues to be at the bottom   half of its forecast range due to weakness from its two biggest   advertising segments, sending its shares down as much as 13   percent.
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Yahoo&#39;s fourth-quarter revenue grew, but net income fell as the struggling Internet giant tried to put its house in order and improve its ability to compete against Google and other rivals.Revenue for the period, ended Dec. 31, came in at $1.832 billion, up 8 percent compared with 2006&#39;s fourth quarter, the company said Tuesday. Subtracting the commission that Yahoo pays to sites in its advertising network, revenue was $1.403 billion, up 14 percent but missing the $1.406 billion consensus expectation from financial analysts polled by Thomson Financial.Meanwhile, net income fell to $206 million, or $0.15 per share, from $269 million, or $0.19 per share. On a pro forma basis, which includes one-time items, net income was $280 million, or $0.20 per share, down from $297 million, or $0.21 per share. Analysts expected Yahoo to post earnings per share of $0.11.Yahoo&#39;s statement doesn&#39;t mention staff reductions, which the company is rumored to be mulling. The company will most likely field questions about layoffs in its earnings-release conference call Tuesday afternoon.
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By Michael Liedtke Associated Press  SAN FRANCISCO -- Yahoo Inc.'s recently resurgent stock retreated by more than 5 percent Friday amid fears that a setback in a lucrative partnership with AT&T Inc.
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Yahoo&#39;s second-quarter profit slipped slightly while revenue growth remained lackluster, extending a malaise that prompted the Internet icon to replace its chief executive recently.
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Stock index futures dipped on Wednesday as investors braced for the Federal Reserve's interest-rate decision later in the session and after Yahoo Inc  forecast 2008 revenue below expectations.
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Investors are finally facing the facts: Yahoo isn't the only web company vulnerable to an economic downturn. Google is just as likely to get nailed if the economy slips into a recession.
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Stocks declined on Wednesday after a report showing weaker-than-expected U.S. economic growth underscored worries about a recession and Yahoo Inc  forecast 2008 revenue below expectations.
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Stocks fell on Tuesday as Internet   shares dropped after Yahoo Inc.'s YHOO.O warning about its   quarterly outlook and a military coup in Thailand rattled   global markets.
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NEW YORK/SEATTLE  - Yahoo Inc on Monday rejected  Microsoft Corp's unsolicited $41.6 billion takeover offer as  too low, forcing the software maker to either sweeten its bid  or adopt a hostile approach to clinch a deal.
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An analyst runs through the numbers and shows just how far Yahoo has slumped. Will its poor stock performance make it a takeover target?