TITLE

Weak Financials, Layoffs: Yahoo!

AUTHOR(S)
Sadighi, Lalee
PUB. DATE
October 2008
SOURCE
Red Herring;10/20/2008, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
36603020

 

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