Yahoo earnings miss expectations, Google search deal announced

October 20, 2015 8:27 PM

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Yahoo earnings miss expectations, Google search deal announced

Yahoo Inc. shares were volatile in Tuesday’s extended trade after the web portal company reported quarterly results that missed Wall Street’s expectations.

Yahoo said its third-quarter earnings fell to $76 million, or 8 cents a share, from $6.77 billion, or $6.70 a share, a year ago. On an adjusted basis, the company would have earned 15 cents a share, falling short of 16 cents a share forecast by analysts in a FactSet survey. Year-earlier results were...

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