US stocks fall on Yahoo warning
Yahoo'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.
As a result, Yahoo is likely to report results in the lower half of the range it had forecast in July for revenue. Other key financial measures, such as cash flow, also are expected to be impacted.
Sue Decker, speaking at an investor conference sponsored by Goldman Sachs, said it was too early to tell whether the slowdown would...
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