Yahoo quarterly profit lower; shares fall
Date: Tue, 29 Jan 2008 22:01:04 (GMT)
Yahoo quarterly profit lower; shares fall
Shares of Yahoo Inc. drop Tuesday evening after the online search firm
posts quarterly results.
U.S. stocks end solidly higher, fueled by rate-cut expectations
U.S. stocks close with solid gains on Tuesday on expectations of another
interest-rate cut on Wednesday from the Federal Open Market Committee.
Economic Report: Home prices fall record 2.1% in November
WASHINGTON
The decline in U.S. home values accelerated in November, with prices
falling for the third month in a row in all 20 cities tracked by the
Case-Shiller home price index released Tuesday by Standard & Poor's.
SocGen chief remains under pressure after $7 bln loss
Societe Generale chief Daniel Bouton may face a tough task holding onto
his job at a board meeting later in the week after the bank's
reputation took a further blow over its $7 billion loss.
AirTran could profit from a Northwest-Delta merger
AirTran Holdings Inc. would likely benefit from a Northwest-Delta
merger, which would trim excess domestic capacity, reduce competition
and open up time slots to some of the nation's busiest airports, the
low-cost carrier's chief financial officer said on Tuesday.
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