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Reuters: Yahoo profit falls, CFO says 2008 outlook intact

Started by chris, July 23, 2008, 12:41:11 AM

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chris

Yahoo profit falls, CFO says 2008 outlook intact
      


SAN FRANCISCO (Reuters) - Yahoo Inc on Tuesday posted a nearly 19 percent fall in net profit, and net revenue short of lowered Wall Street expectations, as it faced a weakening economy and the distraction of Microsoft Corp's pursuit.
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