Yahoo reports weak revenue, falls 9.5%; shows weakness in Internet spending
Tuesday, July 18th, 2006 at
3:31 pm
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Yahoo shares were off more than 9.5% in after-hours trading following its report that second-quarter revenue was lower than expected...the traffic acquisition costs were $453 million. Wall Street looking for at least $493 million...Those costs give investors a signal of the health of the Internet marketing business.