, Jerry Yang has a message for his exasperated shareholders: Things aren't as bleak as they look.
Microsoft Corp . and dissident shareholder Carl Icahn while also trying to cope with a weakening U.S. economy that's make it tougher to sell online advertising — the company's lifeblood. "It was a 'rice-cracker' quarter," said Canaccord Adams analyst Colin Gillis. "It didn't taste great, but it wasn't totally horrible either." Investors found enough to like to nudge Yahoo shares up 59 cents, or 2.8 percent, to $21.99 in Tuesday's extended trading after finishing at $21.40, down 27 cents, in the regular session.
Full Story: Yahoo CEO remains upbeat despite lackluster 2Q (AP)
Microsoft Corp . and dissident shareholder Carl Icahn while also trying to cope with a weakening U.S. economy that's make it tougher to sell online advertising — the company's lifeblood. "It was a 'rice-cracker' quarter," said Canaccord Adams analyst Colin Gillis. "It didn't taste great, but it wasn't totally horrible either." Investors found enough to like to nudge Yahoo shares up 59 cents, or 2.8 percent, to $21.99 in Tuesday's extended trading after finishing at $21.40, down 27 cents, in the regular session.
Full Story: Yahoo CEO remains upbeat despite lackluster 2Q (AP)
