By Alexei Oreskovic SAN FRANCISCO (Reuters) – Yahoo Inc again posted anemic quarterly revenue growth as the Internet companys advertising business continues to lag its rivals, nearly two years into Chief Executive Officer Marissa Mayers comeback effort. Yahoo reports the Chinese companys financial results one quarter later than its own.
(Reuters) – Yahoo Incs shares fell 7.5 percent as the companys declining revenue tempered investor confidence in CEO Marissa Mayers turnaround efforts, prompting several analysts to cut their price targets on the stock. Yahoos shares nearly doubled in the past year as investors pinned their hopes on Mayer and surging growth at Chinese online retailer […]
By Alexei Oreskovic SAN FRANCISCO (Reuters) – Yahoo Incs online ad prices slid again in the fourth quarter and Alibaba, the Chinese e-commerce giant in which it owns a big stake, saw revenue growth decelerate from its recent rip-roaring pace. Yahoos overall revenue fell 6 percent in the last three months of the year to […]
Latest Comments