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Yahoo! earnings preview

Posted on April 20, 2009

Yahoo! Inc. (NASDAQ:YHOO) will deliver mixed first-quarter results when it announces earnings after the stock market closes Tuesday, with improvements in searchoffset by a decline in display, predicts Jefferies & Co. analyst Youssef Squali in a research note Monday.Jefferies' buy rating is buoyed by the new CEO's sense to urgency to maximize shareholder value. Yahoo! CEO Carol Bartz and Microsoft Corp. (NASDAQ:MSFT) CEO Steve Ballmer have been talking about a potential partnership that involves Yahoo!'s outsourcing search toMicrosoft in return for serving display ads on its properties. Last...

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