Yahoo profit falls on higher costs

4:30 pm ET Apr 17, 2007

DJIA

12,773

+52.58

S&P

1,471

+3.01

NASDAQ

2,516

-1.38

10Yr

4.69%

-0.047

Yahoo profit falls on higher costs

SAN FRANCISCO
Yahoo Inc. reported late Tuesday quarterly profit fell 11% as operating
expenses rose.

IBM profit up 8% on services, software strength

SAN FRANCISCO
International Business Machines Corp. on Tuesday reported first-quarter
profit rose 8% as the technology giant benefited from stronger demand in
its global services and software businesses.

Market Snapshot: U.S. stocks end mixed; DJIA closes just below record
high

NEW YORK
U.S. stocks finished mixed on Tuesday, with the Dow Jones Industrial
Average brushing with record highs, as investors welcomed upbeat
economic data as well as earnings from Coca-Cola Co. and Johnson &
Johnson, but remained cautious about key technology earnings due after
the close.