us tonite

  1. 2,961 Posts.
    Its going to be a big up night on world markets.

    Nasdaq up HUGE tonite.
    Dow up about 120 plus pts.

    Europe indexs up ( look for France telecom and other techs/telcos.)

    singas




    Yahoo's profit jumps 62%
    Source: SAN FRANCISCO AP
    Date: 2004-Jan-15 11:29 AM

    Yahoo! Inc. rode a rising wave of online advertising to a 62 per cent increase in its fourth-quarter profit, continuing the internet powerhouse's robust recovery from the dot-com downturn.

    The Sunnyvale, California-based company said that it earned $US75 million ($A97.04 million), or 11 cents per share, during the final three months of 2003. That compared with net income of $US46.2 million, or 8 cents per share, at the same time in 2002.

    Revenue more than doubled in the fourth quarter to $US664 million, up from $US286 million at the same time last year. Online advertising accounted for 82 per cent, or $US545 million, of Yahoo's fourth-quarter revenue.

 
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