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
Hy was going to say it was the sea of red ink, it is more a pond. There are some greens in there. Not entirely bad news but we had negative news on china trade and Japanese Investment. Of Portuguese Bank is shaky and money printing will come to an end in october. Although negatives contributing to a loss on the dow but it is not that big, 80 points down, that is 1 2 . There are some significant losers among those 30 dow stocks. Home depot 90, goldman, they are all down approximately 1 . That is not a huge selloff but moved to lumber liquidators, that is a huge loser. That cut its outlook down 22 and along comes home depot and several housing stocks down in sympathy with lumber liquidators. Time for the housing sector. The s p 500 was down more than 1 . It is down less than 1 2 . Going the other way the price of gold, the rally continues, we are at 1339, that is a 14 per ounce gain this morning but look at this, this is the Interest Rate barometer. Look at the yield, 2. 51 , that is a s
The newsroom. Here is what we know. A package containing nails and shrapnel blew up on Conveyor Belt around 12 30 this morning. A woman was treated for a concussion. No word yet on any connection to the boston bombings but the fbi is investigating. We, of course, will bring you the latest on that explosion as we know it meantime, back here live where we are standing right now. Neighbors say this is the exact location where that trip wire bomb went off on sunday. You can see a little bit of a divot here in the grass behind me as well as some blood, an erie reminder of the fear gripping this community. Take a look at this, this is the morning edition of the Austin American states men, we are going to stop it. That is the vow from Law Enforcement who said yesterday two things, one, that this individual, they believe is a serial bomber. And, two, that hes raised his game to a whole new level. He and his friend were riding a bicycle about a block from their house. It was so dark they couldn
SUNY ONEONTA — The SUNY Oneonta Theatre Department will open with the Tony Award-winning musical showcase production of “Cabaret” on Wednesday, April 24.
SUNY ONEONTA — The SUNY Oneonta Theatre Department will present “Dead by Jack,” as a devised theatre piece depicting the lives of the five women who were victims of Jack