Yahoo reports better than expected profit but ad business still struggling slightly better than Wall Street expected, but its revenue and profit were down . involving the banks access to Apple Pay mobile-payment technology.
The company said in the Nordstrom brand, comparable sales news Thursday, sending shares up more than 3 percent in extended trading....
Business technology yahoo profits sales better than expected expeditionThe requested video is unable to play. However, Scott Kessler, an analyst with CFRA Research, said the fact that Yahoo did not see an immediate decline in users was a sign the breach may not be a material adverse change that would affect the Verizon deal. The video does not exist in the system. Yahoo delays closing of Verizon deal, beats on earnings. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on detikhots.info, video, mobile, and interactive television platforms. Yahoo's decision is a big blow to Inktomi, which had hoped to win back the Yahoo search business it lost to Google two years ago.
Follow Us On Facebook. Here are some of the most amazing world records on Twitter. Most stock quote data provided by BATS. Reuters News Agency Brand Attribution Guidelines Careers. Yahoo is expected to report quarterly earnings on Tuesday, Oct. Yahoo Inc reported better-than-expected quarterly adjusted profit and revenue, and said it expected the sale of its core internet business to Verizon Communications Inc to complete in the second collections boost from the. By SAUL HANSELL OCT. He also said the company hoped to introduce entertainment-oriented services that can be sold to customers of its high-speed Internet access service with SBC. And despite some tantalizing numbers that show more people are visiting Yahoo sites on the Web and on mobile devices, the company again lowered its revenue forecast for the year. World records on Twitter. Amazon tech unit forms downtown San Jose beachhead. Over the past year, Mayer has restructured the company, writing down a chunk of its social network, Tumblr, and announcing layoffs. Legal experts have said Verizon would have to clear a high hurdle to prove that the breach amounted to a material adverse change that would allow it to pull out of the deal.
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Yahoo's second-quarter revenue falls 15 percent as company limps towards sale
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Starting yesterday, the listings from Google will be intermingled with Web site listings from Yahoo's own hand-created directory of Web sites. But since then, the disclosure of two hackings of unprecedented size has stoked doubts about the deal.