NEW YORK ( TheStreet) -- A casual observer may wonder why shares in Internet giant Yahoo! (YHOO - Get Report) are higher after the latest tepid earnings report, which included lower forward guidance. The company reported a 13% drop in the bottom line profit on 1% less revenue than the comparable quarter last year, excluding one-time items.The real news on Tuesday had nothing to do with earnings, not at least from the Web site.
Yahoo!'s Earnings Report Wasn't Just About Yahoo!
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