Yahoo sees 3rd-qtr revs at bottom half of forecast
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Yahoo Inc.  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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SAN FRANCISCO - Internet giant Yahoo Inc.'s third-quarter profit nearly quadrupled, reflecting a continued boom in online advertising.    The Sunnyvale-based company said Tuesday that it earned $253.3 million, or 17 cents per share, for the three months ended in September, up from net income of $65.3 million, or 5 cents per share, at the same time last year...
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Yahoo Inc.'s third-quarter results will be hurt by what appears to be a slowdown in the growth of auto and financial advertising, the Internet company's chief financial officer said Tuesday. Its stock fell 12 percent.
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New York Times Co. on Monday forecast  third-quarter and full-year earnings below Wall Street's  average targets on weak revenue so far in September, sending  its shares to two-year lows.
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Internet media company Yahoo Inc.  on Tuesday reported a dip in quarterly profit, weighed down by weak display advertising, and gave a weaker-than-expected forecast through the end of 2007.
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Yahoo Inc   has been slow to react to sweeping changes in Web consumer  behavior and online advertising shifts, but it is picking up  its pace, its top executives said on Tuesday.
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Forecasts for third-quarter earnings  growth among Standard & Poor&#39;s 500 (.SPX) companies fell  slightly in the latest week, according to a weekly poll by  Reuters Estimates.
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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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NEW YORK/SAN FRANCISCO  - Yahoo Inc.  and AT&T Inc.  are negotiating potentially sweeping changes that could scale back their partnership, the Wall Street Journal reported, dragging Yahoo shares down 5.3 percent.
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Internet search firm Yahoo   could see its shares rise sharply in the coming year as  investors pay greater heed to its array of money-making  services, Barron&#039;s said in its May 22 edition.
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Yahoo Inc has been  slow to react to sweeping changes in Web consumer behavior and  online advertising shifts, but it is picking up its pace, its  top executives said on Tuesday.
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Forecasts for third-quarter earnings growth among Standard & Poor's 500  companies fell slightly in the latest week, according to a weekly poll by Reuters Estimates.
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The company revised its 2007 sales forecast lower for a third time this year because of price reductions and reduced orders.
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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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NEW YORK/SAN FRANCISCO  - Yahoo Inc.  and  AT&T Inc.  are negotiating potentially sweeping changes  that could scale back their partnership, the Wall Street  Journal reported, dragging Yahoo shares down 5.3 percent.
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Do the third-quarter numbers mean continued volatility for this small-cap stock?
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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?