Internet
Part of the slowdown was caused by the loss of Microsoft's(MSFT) MSN as a search partner. But Khan cited other factors, including eroding market share, especially in Europe, and lower bids from advertisers "due to dissatisfaction with the ROI dynamics at Yahoo! when compared to Google and MSN."
For Yahoo! bulls, this may mark the turning point of the hard times the company has faced this year. Panama could revive Yahoo!'s revenue in a few ways -- helping it steal market share from smaller players, preventing big advertisers it has long worked with from defecting to Google, and offering it a platform to add new innovations that could give it an edge in the long run. "I feel very, very good about our capabilities and the people behind the steering wheel," said Semel. But for the next few quarters, at least, the road that Yahoo! is driving on will be an uphill one.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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