Posts Tagged ‘yhoo’

Investors shouldn’t look for a blow-out quarter from Yahoo, but there are positive signs that a turnaround is in progress in Sunnyvale.

While Yahoo continues to be pinched by their declining search market share, their leading display business is already benefitting from stabilization in the economic environment.

There is increasing evidence that the online advertising market is beginning to recover which should help lift Yahoo’s third quarter performance.

After several tepid quarters, Wall Street appears to be simply taking a wait-and-see approach with Yahoo these days.

We believe that a Microsoft-Yahoo deal will eventually take place, and believe that it will likely be a positive development for Yahoo. However, the reality is that Yahoo is facing one of the worst advertising environments in decades.

While we expect Yahoo to report disappointing Q4 results based on the challenging economic environment, the real story will be in the company’s 2009 guidance and strategy for the future.