Tuesday, July 17, 2007

UPDATE 3-Yahoo posts lower profit, gives weak 2007 forecast

(Reuters) - SAN FRANCISCO, July 17 - Yahoo Inc.
reported a dip in quarterly profit on Tuesday as corporate
advertisers spent less on its online ads, and the company gave
a weaker-than-expected forecast for the rest of 2007.




Shares in the Internet media company fell 4.2 percent in
extended trade.


Read more at Reuters.com Market News

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