Yahoo! profits up but shares slide 10%

by Daniel Farey-Jones, Brand Republic 20-Jul-05, 09:00

LONDON - Yahoo! shares slid 10% as analysts voiced disappointment with second-quarter results, despite a boost to revenues of 51% on last year to $1.25bn (£720m) and a big rise in pre-tax profits, from an undisclosed investment, of 571% to $755m.

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