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Yahoo Shares Bounce on Turnaround Hope, But Next Quarter’s Guidance is Light (YHOO)

By Dividend.com Staff
January 28th, 2009

yahoo-shares-bounce-on-turnaround-hope-but-next-quarters-guidance-is-light-yhoo

Shares of Yahoo (YHOO) are rallying in the pre-market, despite the internet giant posting a net loss of $303 million, or 22 cents a share in the period ended in December, compared to a profit of $206 million, or 15 cents a share, in the same period a year earlier.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.