Jan
30
Yahoo’s Yang Sees a Challenging 2008
Posted in: Uncategorized
NEW YORK (AdAge.com) — Yahoo's situation may get tougher before it gets better. As the company reported fourth-quarter earnings, CEO Jerry Yang warned of "headwinds" in 2008. The internet giant's earnings fell 23% in the fourth quarter as net income was $206 million, or 15 cents per diluted share, down from $269 million, or 19 cents per diluted share, for the same period in 2006.
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