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COPYRIGHT 2001 Daily News
Byline: Judith Schoolman
Mar. 8--Yahoo, one of the Internet's bedrock companies, warned yesterday that profits and revenues would fall short of expectations and said CEO Tim Koogle is stepping down, capping a day of wild stock market speculation.
The company threw Wall Street into a tizzy yesterday as word spread that its chief financial officer backed out of an appearance at a Merrill Lynch Internet conference and co-founder Jerry Yang skipped a Wall Street meeting in Utah.
This triggered wild speculation that the No. 1 Internet portal could announce it was being bought out,...
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