By Saqib Iqbal Ahmed NEW YORK (Reuters) – Alibaba Group Holding Ltds record public offering of shares on Friday further spurred already elevated activity in Yahoo Incs options, pushing volume on the U.S. Internet company to a one-day record high. Shares of Alibaba, in which Yahoo holds a big stake, surged 38 percent in their […]
SAN FRANCISCO (Reuters) – Yahoo Incs revenue declined in the second quarter as the Internet companys rates for online display ads plummeted by 24 percent, it said on Tuesday. Yahoos net revenue, which excludes fees paid to partner websites, decreased 3 percent year-on-year to $1.04 billion in the three months ended June 30. Analysts polled […]
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 […]
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