« Yahoo Search Marketing To Launch New Ranking Model February 5th | Main | Google Groups Beta Design Comes Out Of Beta »
Jan. 24, 2007 at 8:42am Eastern by Barry Schwartz
Yahoo Announces 4th Quarter Financial Results: Stock Up In Pre Market
Yahoo has posted their year-end financial results, showing a drop in profits by but increase in overall revenues. Based on that news alone, Yahoo's stock fell in after hours trading, but when Terry Semel, Yahoo's CEO, announced the release of the new ranking model, the stock went up in after hours trading.
Ahead of the Bell: Yahoo at Forbes.com names the early release of project Panama the reason behind Yahoo's stock increase overnight. CNNMoney.com has a good look at the pros and cons of the earnings call. You can read the full earning call, the transcript, at SeekingAlpha.
|
Like The Story? Vote For It On Yahoo Buzz!
Send me the monthly search newsletter too! (Learn more about our newsletters and feeds) |
Subscribe To Our Search Feed!         
|
| Share & Bookmark This Story! |
By Barry Schwartz
Permalink
Jump To Comments
See Related Stories In: Yahoo: Business Issues
