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Yahoo! Fires Back at Google

 

Updated from 5:25 p.m.

Yahoo! (YHOO Quote) raised cash-flow guidance at the close of its analyst day Thursday, a day when the company announced an email initiative to compete with that of search rival Google.

Chief financial officer Sue Decker said the company was now targeting an operating cash flow margin in the range of 40% to 45%, up from the 32% to 35% range forecast at last year's meeting. ...

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