TITLE

Ad Woes Infect the Net

AUTHOR(S)
Schachter, Ken
PUB. DATE
November 2008
SOURCE
Red Herring;11/14/2008, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that slowdown in global advertising will take place in 2009. UBS analyst Benjamin Schachter cut revenue and earnings estimates for Google, Yahoo, and eBay for the final three months of 2008 and 2009. He asserted that although Internet advertising will still perform well, a slow down will impact Internet companies. Yahoo's fourth-quarter revenue estimate was adjusted down from $1.39 billion to $1.38 billion
ACCESSION #
36586167

 

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