Yahoo Turns the Corner - or does it?

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  • VodaBot
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    • Nov 2005
    • 171

    Yahoo Turns the Corner - or does it?

    It appears that the new boss of Yahoo, Carol Bartz, has helped the business turn the financial corner. Job cuts and a focus on core businesses has seen Quarter 3 profits rise.

    Read more here:http://business.timesonline.co.uk/to...cle6883214.ece

    The good financial news has to be tempered with the realisation that Yahoo had run up the white flag in the search business. Search revenues fell 19% compared to Q3 2008. Google managed an 8% rise for Adwords over the same period.

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