Yahoo’s ‘Discouraging’ Earnings Foreshadow Tough 2016

By | October 21, 2015

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Yahoo (YHOO) will see lingering revenue pressure well into next year, according to Mizuho Securities, which handed the struggling Web portal a price-target cut and ratings downgrade after a leap in what Yahoo paid sites to carry its ads contributed to a Q3 revenue and earnings miss and weak Q4 guidance. While Yahoo’s display ad segment came in higher than expected, the company’s search segment underperformed. Its display business has been hurt by Scalper1 News

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