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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

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