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Reuters: Yahoo posts higher profit but outlook weak

Started by chris, January 28, 2009, 02:59:09 AM

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chris

Yahoo posts higher profit but outlook weak
      


NEW YORK/SAN FRANCISCO (Reuters) - Yahoo Inc's fourth-quarter results beat Wall Street's low expectations, thanks to a series of cost cuts in a weak advertising market, sending its shares up 5 percent in a relief rally on Tuesday.<div class="feedflare">
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