No joy for Yahoo
World's No. 2 search engine reports results and guidance that disappoint investors; stock tumbles after-hours.
It looks like Yahoo! investors won't have any reason to yodel following the company's slightly disappointing second-quarter results and forecast for the third quarter issued Tuesday.
The company also announced during a conference call with analysts that long-awaited improvements to its search technology, which were expected to be rolled out at the end of the summer, will now be delayed until the fourth quarter. The stock...
» Read the rest of the post
» View all photos
1 Vote
