Thursday, January 10, 2013

YHOO: Yahoo (YHOO -1.8%) saw a bit of profit-taking...

6:30 PM, Jan 10. Yahoo (YHOO -1.8%) saw a bit of profit-taking after a string of downbeat articles were published. While AllThingsD took note of ongoing U.S. search/Mail traffic declines, AdWeek reports Marissa Mayer's first meeting with ad agency execs failed to drum up much enthusiasm. "Yahoo is low on the list and not just alphabetically," said one attendee. Also, Nicholas Carlson posted an e-mail purportedly from a disgruntled Yahoo employee; it accuses Mayer of being frequently late to meetings, neglecting non-engineers (previous), and hiring execs with poor people skills. Read comments

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