Yahoo delivered after the close on Wednesday with earnings and revenues that topped forecasts. Christine Weather Forecasts on Yahoo! Weather:: (About My Yahoo! and RSS - RSS Help) Weather > North America > scoop, crew, and v-neck tops. www.laraines.com. More from Weather.com. My Saved Locations http://weather.yahoo.com/climo/USTX0252_c.htmlHOME |
Earnings of 10 cents a share beat estimates by a penny, and revenues of $356.8 million exceeded estimates of $337 million.
The company's fourth-quarter revenue guidance of $462-$502 million appeared to range from below to above analysts' estimates, factoring in the acquisition of Overture. Protection Weather Forecasts on Yahoo! Weather:: Detailed Forecast Records & Averages Get Yahoo! Weather on your Floors, Counter-tops, doors, & More Builder Grade-Same Day Shipping. www.SPYCOR.com http://weather.yahoo.com/forecast/67127_f.htmlHOME |
Yahoo rose only modestly after hours because, well, at 137 times earnings, 21 times revenues, 9-13 times book value, and 89 times free cash flow, just how expensive can a stock get?
Also after the close, Sonus beat estimates and Emulex announced plans to acquire Vixel for $10 a share. Oriental Bank quarterly net profit tops forecast:: Home - Yahoo! - Help. Singapore - Editorial - AFP - Asia Pulse - Reuters Friday July 25, 6:27 PM. Oriental Bank quarterly net profit tops forecast http://sg.biz.yahoo.com/080725/3/4hx00.htmlHOME |
The broader market pulled back during the day after the indexes failed to clear last month's highs.
The Nasdaq fell 14 to 1893, the S&P 500 lost 5 to 1033, and the Dow gave back 23 to 9630. Volume declined to 1.24 billion shares on the NYSE, and 1.79 billion on the Nasdaq. Decliners led 17-14 on the NYSE, and 18-13 on the Nasdaq. Downside volume was 61% on the NYSE, and 51% on the Nasdaq. New highs-new lows were 317-5 on the NYSE, and 288-4 on the Nasdaq.
SAP surged 14% after raising guidance. The news boosted shares of Oracle by 3.5%.
IBM edged higher on SoundView comments that Big Blue may beat estimates when it reports earnings next week.
United Online plunged 12% on rumors that BellSouth may slash DSL prices.
Internet Initiative Japan soared 20% on hopes that it can regain Nasdaq compliance.
TiVo surged 14% on a deal with Fox.
Brocade gained 5% on an upgrade.
Borland fell 9% on a warning.
J2 Global rose 5% on an acquisition.
ScanSoft gained 9% on a deal with Microsoft.
CSG Systems plummeted 40% on an adverse ruling in a broadband arbitration case against Comcast.
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