Yahoo!'s good news about its Q2 earnings gave a lift to the Internet stock sector midday Thursday, and especially helped to move along subsidiary Broadcast.com
IBMs Internet sales boosts stocks - Forbes.com::
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internet.com's Internet Stock Index rose 12.21, or 2.17 percent in midday trading to 573.79, the Nasdaq Composite was up 22.52 to 2765.56, and the Dow Jones industrial average edged up 3.17 to 11190.53.
Yahoo! (YHOO), one of the Net's largest compaies, said its second-quarter revenue almost tripled, from $41.2 million last year to this year's $115.2 million. Its profits before merger charges and expenses were 11 cents a share, which beat the street's estimate of 8 cents. Its stock was up 3 7/16 to 170 1/2 in midday trading.
Revenue Triples at Napster - TheStreet.com::
The company hints that Yahoo! should bring it on. Read this article and other financial news and analysis at TheStreet.com.
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Yahoo! subsidiary Broadcast.com (BCST) also had somewhat happy news to report. It beat an expected loss of 9 cents a share by reporting a loss of 5 cents for Q2. That sent its stock up 2 5/8 to 131 1/2.
Web hosting company Interliant (INIT) made its public debut Thursday. Priced at $10 per share, it rose to $16 early, and at midday was trading down at 15 5/8.
Posts tagged Internet at BloggingStocks::
Filed under: Internet, Competitive strategy, Google (GOOG), Microsoft (MSFT), Yahoo! Filed under: Internet, Verizon Communications (VZ), Stocks to Buy
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Financial Sense Online Market WrapUp with Martin Goldberg 01/06/2005::
Yet as with all Internet stocks, the stock is also one Wall Street analyst As I recall, that was worth a tremendous run in Yahoo stock in 1999.
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BigCharts - QuickCharts::
Virtual Stock Exchange. WSJ Asia. WSJ Europe. WSJ Americas Internet Stocks: Heading Lower? 5:03 PM. Joost Reboots, But Is It Too Late? - at BusinessWeek
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FT.com / Companies / IT - Yahoo shares down 18 per cent::
been hoping Yahoo would boost technology and internet stocks by beating This was offset by $301m used for stock repurchases and $61m spent on acquisitions.
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 Net & Tech Stocks Find Favor
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