Weak Financials, Layoffs: Yahoo!

Sadighi, Lalee
October 2008
Red Herring;10/20/2008, p1
Trade Publication
The article presents an outlook on the financial performance of search engine Yahoo in the third quarter of 2008. Analysts forecast that Yahoo will report a net income of $127.4 million on a revenue of $1.37 billion for the quarter. Such outlook is associated with reports of planned layoffs, speculations of a Microsoft takeover and the delayed Google-Yahoo partnership.


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