There may not be a lot of celebrating at yahoo this evening. Its the one anniversary of Marissa Mayer taking over the top job and aft close, the Company Posted a beat on Second Quarter earnings, however, they did miss on revenues and the big concern turned out to be the warning for the Third Quarter. There is more from the nasdaq tonight, sema. Reporter yahoos Second Quarter revenue is short of expectations at 1. 07 billion and thats primarily due to a drop in its display advertising revenue. Yahoos earning at 35 cents a share beat street expectations by 5 cents. The Third Quarter outlook disappointed the street when we saw shares move to the downside. Pvc partners saying yahoo is facing challenges. A couple points made on the Conference Call on the tumbler acquisition, yahoo says the acquisition is expected to grow yahoos audience to more than 1 billion monthly visitors. Marissa mayers says quote im encouraged by yahoos performance. Our continued stability and we launched more product
There may not be a lot of celebrating at yahoo this evening. Its the one anniversary of Marissa Mayer taking over the top job and aft close, the Company Posted a beat on Second Quarter earnings, however, they did miss on revenues and the big concern turned out to be the warning for the Third Quarter. There is more from the nasdaq tonight, sema. Reporter yahoos Second Quarter revenue is short of expectations at 1. 07 billion and thats primarily due to a drop in its display advertising revenue. Yahoos earning at 35 cents a share beat street expectations by 5 cents. The Third Quarter outlook disappointed the street when we saw shares move to the downside. Pvc partners saying yahoo is facing challenges. A couple points made on the Conference Call on the tumbler acquisition, yahoo says the acquisition is expected to grow yahoos audience to more than 1 billion monthly visitors. Marissa mayers says quote im encouraged by yahoos performance. Our continued stability and we launched more product
That and more tonight on nightly Business Report for tuesday, july 16th. Good evening everybody. Im bill griffin in for Tyler Mathisen with susie gharib. There may not be a lot of celebrating at yahoo this evening. Its the one anniversary of Marissa Mayer taking over the top job and aft close, the Company Posted a beat on Second Quarter earnings, however, they did miss on revenues and the big concern turned out to be the warning for the Third Quarter. There is more from the nasdaq tonight, sema. Reporter yahoos Second Quarter revenue is short of expectations at 1. 07 billion and thats primarily due to a drop in its display advertising revenue. Yahoos earning at 35 cents a share beat street expectations by 5 cents. The Third Quarter outlook disappointed the street when we saw shares move to the downside. Pvc partners saying yahoo is facing challenges. A couple points made on the Conference Call on the tumbler acquisition, yahoo says the acquisition is expected to grow yahoos audience to
And wins and loses as the worst heat wave of the summer grips the northeast. That and more tonight on nightly Business Report for tuesday, july 16th. Good evening everybody. Im bill griffin in for Tyler Mathisen with susie gharib. There may not be a lot of celebrating at yahoo this evening. Its the one anniversary of Marissa Mayer taking over the top job and aft close, the Company Posted a beat on Second Quarter earnings, however, they did miss on revenues and the big concern turned out to be the warning for the Third Quarter. There is more from the nasdaq tonight, sema. Reporter yahoos Second Quarter revenue is short of expectations at 1. 07 billion and thats primarily due to a drop in its display advertising revenue. Yahoos earning at 35 cents a share beat street expectations by 5 cents. The Third Quarter outlook disappointed the street when we saw shares move to the downside. Pvc partners saying yahoo is facing challenges. A couple points made on the Conference Call on the tumbler a
Relief momentary and rallied back into the black before drifting lower once again because bond yields continue to climb. And as we saw last night, the charts are still very much against this market, which is why the dow only finished off pretty hideously, going 105 points, s p slipping, nasdaq declining. 38 . The house of pain. It was like we rallied back up to the top of the cliff and said, i dont know, what the heck do we do now . And then we decided to walk back. Although the averages still got whacked because we had nothing to buy when we reached the summit. Before we get to why the market bounced back but then returned to lower levels, we have to spend a moment talking about the instant reaction to the fed minutes. One month ago, the fed debated about what to do about Interest Rates. Given the dramatic rise in the rates by the market itself, well, maybe they had to do something or maybe the attempt has failed. Or should it slow down the bond buying, taper it so to speak in grudgin