Yahoo Says Ad Growth Is Slowing; Stock Dives
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A slowdown in automobile and financial advertising hurt the companyÂs advertising sales over the last few weeks.
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Yahoo continued to ride the growth of online advertising in the third quarter, but more than half its profit in the quarter came from the success of its rival Google.
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Investors in Yahoo Inc.   abandoned on Tuesday their initial excitement over a management  switch at the Internet media company, sending its shares lower  on expectations that little real change was in the works.
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Coming off Yahoo Inc.'s toughest year since the dot-com bust, Chairman Terry Semel remained upbeat Tuesday as he faced shareholders who have watched their investments shrivel while rival Google Inc. sprinted further ahead in the online advertising race.
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NEW YORK/SAN FRANCISCO  - Yahoo Inc.  and AT&T Inc.  are negotiating potentially sweeping changes that could scale back their partnership, the Wall Street Journal reported, dragging Yahoo shares down 5.2 percent.
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Internet media company Yahoo Inc.  YHOO.O on Tuesday posted a jump in quarterly profit fueled by  online advertising revenue and the gain from the sale of an  investment.
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Yahoo Inc. YHOO.O said on Tuesday it   expects third-quarter revenue to be at the bottom half of its   forecast range due to weakness from two of its biggest   advertising segments, sending its shares down as much as 13   percent.
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The main problem is that Yahoo has not been nearly as good as Google at reaping profits from the huge volume of search traffic it attracts.
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Yahoo CEO Jerry Yang cited the growing online advertising market and his company&#39;s position to take advantage of that growth as reasons for shareholders to&#160;reject Microsoft&#39;s acquisition bid, he said in a letter to shareholders Wednesday.
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Yahoo Inc. YHOO.O said on Tuesday   the company expects third-quarter revenues to be at the bottom   half of its forecast range due to weakness from its two biggest   advertising segments, sending its shares down as much as 13   percent.
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U.S. advertising spending is expected  to grow this year at an even slower rate than previously  forecast, as a sluggish economy has corporations scaling back  budgets and looking for less expensive marketing choices,  according to a new report.
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Yahoo Inc. Tuesday reported hefty gains in revenue and profit for the fourth quarter and all of 2004, a period that the company's chief executive referred to as "the beginning of a tipping point in advertising."-The Washington Post
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In spite of Google's annual revenue growth of 52%, many Wall Street analysts are now advising their clients to hold off on buying Google stock. Has Microsoft's bid for Yahoo made that much of a dent, or are there other factors at play?
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Internet media company Yahoo Inc.  reported on Tuesday a quarterly net profit more than tripled  from the year earlier, boosted by stronger online advertising  and the sale of its stake in Google Inc.
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An analyst runs through the numbers and shows just how far Yahoo has slumped. Will its poor stock performance make it a takeover target?
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By MICHAEL LIEDTKE  SAN FRANCISCO - Yahoo Inc.'s month-old upgrade to its advertising formula for making money from online search requests so far has done more to lift the Internet powerhouse's morale than its finances, the company's two top executives said Tuesday.
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Yahoo&#39;s second-quarter profit slipped slightly while revenue growth remained lackluster, extending a malaise that prompted the Internet icon to replace its chief executive recently.