Yahoo stock hits 2-year low after missing Q2 revenue estimates
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07-19-2006, 08:32 AM,
Post: #1
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Yahoo stock hits 2-year low after missing Q2 revenue estimates
Yahoo stock down 4.41 in after hours trading to 27.83 after missing revenue estimates
Quote:Shares of Yahoo fell to their lowest level in nearly two years in after-hours trading yesterday as it reported weak revenue from Internet search advertising in the second quarter and a delay in a critical project that is meant to increase search revenue. full article: http://www.nytimes.com/2006/07/19/techno....html?_r=1&oref=login Quote: Yahoo Inc. met analyst expectations with a second-quarter profit of $164 million, but postponed the introduction of a new online advertising recipe - dashing hopes for faster earnings growth later this year. full article: http://www.mercurynews.com/mld/mercuryne...067903.htm |
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