<< Read Full Article

Feeble Forecast Smacks Yahoo!

Stock quotes in this article: YHOO , VRSN , T  

Updated from 4:59 p.m. EST

Yahoo!'s(YHOO Quote) fourth-quarter profit beat Wall Street estimates, but the company's light revenue outlook for 2008 suggests a turnaround is not yet at hand.

Shares of Yahoo! were recently off $2.24, or 10.8%, to $18.56 in after-hours trading.

And the company's plans to trim its workforce didn't win over investors. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services