SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Mills who wrote (22599)7/7/1999 10:35:00 PM
From: Shafik Habal  Read Replies (1) | Respond to of 27307
 
Hey Mills, long time no see. Here's the entire YHOO story off broadtape for you YHOOligans.

DJ Yahoo Japan Shrs Limit-Up On Yahoo! Inc 2Q Pft

TOKYO (Nikkei/Dow Jones)--Shares of Yahoo Japan Corp. (J.YHO or 4689), an Internet search service provider, are limit-up Thursday morning on the over-the-counter market after Yahoo! Inc. (YHOO) posted strong second quarter profits late Wednesday in the U.S.

At 0155 GMT (9:55 p.m. EDT Wednesday), Yahoo Japan Corp. was up by its daily limit of Y2.0 million, or 3.9%, at Y53.3 million. A total of 19 shares changed hands.

Late Wednesday in the U.S., Yahoo! Inc. said that the company earned $28.3 million for the second quarter, or 11 cents a share, excluding charges in connection with corporate acquisitions.

Since the result exceeded analyst forecasts, Yahoo! stock rose in after-hours trading in the U.S., lifting the share price of the Japanese company as well, traders said.

(END) DOW JONES NEWS 07-07-99
10:05 PM