Yahoo! Latest News: Meh Is the New Up: Yahoo Meets Lackluster Revenue and Earnings Expectations in Q2

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Yahoo! Latest News: Meh Is the New Up: Yahoo Meets Lackluster Revenue and Earnings Expectations in Q2

Yahoo! Latest News: Meh Is the New Up: Yahoo Meets Lackluster Revenue and Earnings Expectations in Q2
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Yahoo! Latest News: Meh Is the New Up: Yahoo Meets Lackluster Revenue and Earnings Expectations in Q2

Wochit 0:53 mins

Yahoo reported unimpressive second quarter earnings that were in line with expectations of investors. For the quarter, Yahoo said it earned 30 cents a share, compared to 27 cents last year. What do Tesla Motors, Microsoft, Boeing and Best Buy have in common? They're all contenders for 'Company of the Year' -- a prestigious award determined by you, the Yahoo! Finance reader. Not much had been going right for Yahoo until it lured Marissa Mayer away from Google to become its CEO last summer. The move is shaping up as the best thing to happen to Yahoo since 2005 when it invested $1 billion in what was then a little-known Internet company in China, Alibaba.

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