Another not so the hot quarter for a ceo trying to earn the company around. It earned 1r5 cents a share, a penny below expectations. Revenue also missing forecasts but at least was above year ago levels. As for the stock, it traded initially lower after the report and as josh lipton reports, Ceo Marissa Mayer may have only two options left. Her stock is down, her key lieutenants have left. So what are Marissa Mayers options at yahoo . For one, she could try and a turnaround at the business, that is means driving revenue from the companys mobile, video, native and social ads. These are the areas whereas internet ad dollars are moving but these areas also represent only a relatively small part of yahoo s overall bills thats notice maier needs to stabilize the companys core online business. That wont be easy because the competition is fierce. Predicted yahoo will capture just 2 of the 170 billion worldwide digital ad market. And meanwhile, google commands 30 of the market while facebook c
Another not so the hot quarter for a ceo trying to earn the company around. It earned 1r5 cents a share, a penny below expectations. Revenue also missing forecasts but at least was above year ago levels. As for the stock, it traded initially lower after the report and as josh lipton reports, Ceo Marissa Mayer may have only two options left. Her stock is down, her key lieutenants have left. So what are Marissa Mayers options at yahoo . For one, she could try and a turnaround at the business, that is means driving revenue from the companys mobile, video, native and social ads. These are the areas whereas internet ad dollars are moving but these areas also represent only a relatively small part of yahoo s overall bills thats notice maier needs to stabilize the companys core online business. That wont be easy because the competition is fierce. Predicted yahoo will capture just 2 of the 170 billion worldwide digital ad market. And meanwhile, google commands 30 of the market while facebook c
For the First Time Ever on speculation of a bailout extension for greece. According to reports, that country will ask for an extension of the countrys alone agreement tomorrow. But there is no official word no confirmation just yet. The extension according to multiple reports would prevent the countrys current agreement from expiring at the end of the month. That prospect worried investors for months since it could lead to a spiral of events from a default to greek exit of the euro. Dow jones industrial average up 28 points to finish at 18,047. Close to an alltime high there. Nasdaq up 5 and s p 500 closed 3 points higher but that was good enough for the fresh recordthe button. A lot of action it did today was in the bond market as the yield on the ten year approached a 2015 high. Here too, analysts pointed to the pressospect of a debt extension for greece. Michelle carusocabrera reports theres one major difference now that stands between greece and its creditors. Reporter the differen
For the First Time Ever on speculation of a bailout extension for greece. According to reports, that country will ask for an extension of the countrys alone agreement tomorrow. But there is no official word no confirmation just yet. The extension according to multiple reports would prevent the countrys current agreement from expiring at the end of the month. That prospect worried investors for months since it could lead to a spiral of events from a default to greek exit of the euro. Dow jones industrial average up 28 points to finish at 18,047. Close to an alltime high there. Nasdaq up 5 and s p 500 closed 3 points higher but that was good enough for the fresh recordthe button. A lot of action it did today was in the bond market as the yield on the ten year approached a 2015 high. Here too, analysts pointed to the pressospect of a debt extension for greece. Michelle carusocabrera reports theres one major difference now that stands between greece and its creditors. Reporter the differen
Not this month. Home Builder Sentiment plunges as the unofficial start to the spring selling season gets under way. Is it a bad time for the Housing Market . We have all that and more tonight on nightly Business Report for tuesday, february 18th. Good evening, everyone, and welcome. Two big stories leading our broadcast tonight. One, disappointing earnings from cocacola after sales in north america lost some of their fizz last quarter. That sent the stock sharply lower. More on the troubles at coke in just a moment. The other big story tonight, a megamerger in pharmaceuticals. Irelandbased generic drugmaker activis agreed to by forrest labs for 25 billion in cash and stock. Come being t combining two of the fastestgrowing specialty drugmakers and possibly a harbinger of more in the health care industry. The ceo spoke today about the changing environment in the industry and the need to control costs. As our environment changes the pharmaceutical space changes, one of the things we know