Yahoo (YHOO) Up from Job CUt and Ad Deal
Shares of Internet media company Yahoo Inc. (YHOO.O: Quote, Profile, Research) rose nearly 1 percent before the bell on Monday after news of a company memo that called for a major organizational shake-up and job cuts. Seperately, Yahoo announced before the market's open that it had agreed to have at least seven newspaper groups use its technology to sell advertising on their Internet sites. Yahoo shares climbed to $27.07 in electronic trading, up from a Friday close of $26.91 on the Nasdaq.
Source: Reuters.com
posted by Stock Administrator @ 7:46 PM
Yahoo (YHOO) Up from Job CUt and Ad Deal
Shares of Internet media company Yahoo Inc. (YHOO.O: Quote, Profile, Research) rose nearly 1 percent before the bell on Monday after news of a company memo that called for a major organizational shake-up and job cuts. Seperately, Yahoo announced before the market's open that it had agreed to have at least seven newspaper groups use its technology to sell advertising on their Internet sites. Yahoo shares climbed to $27.07 in electronic trading, up from a Friday close of $26.91 on the Nasdaq.
Source: Reuters.com
Source: Reuters.com
posted by Stock Administrator @ 7:46 PM
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