Yahoo! Slips on Steady Guidance

Updated from Jan. 14

Yahoo! met its match Wednesday in tech investors' rising expectations, and its shares reflected that in premarket trading Thursday

The big Internet media company sailed past Wall Street's targets after the bell, posting fourth-quarter earnings of $75 million, or 11 cents a share, on net revenue of $511 million. But as some observers had cautioned, the company's strong performance wasn't enough to forestall the oft-invoked sell-the-news instinct, and Yahoo! shares fell $1.65, or $3.41%, to $46.74 in early trading Thursday. ...