Yahoo! results and its forecast for current-quarter sales pleased the investors; Yahoo’s shares boost almost 6% in extended trading after the market close. “It was a clean ‘beat’ quarter, you see signs of stabilization, which is very positive.” says Sandeep Aggarwal, an analyst at financial services firm Collins Stewart.

As Business Week says, Yahoo, in the midst of a sweeping reorganization and rebranding campaign under CEO Carol Bartz since she joined in January, emphasized that the online advertising market is stabilizing.

In the third quarter, Yahoo earned $186.1 million in net profit, or 13¢ a share. That’s up from 4¢ a year ago. Gross revenue of $1.58 billion was down 12% from a year ago. Net revenue after commissions to advertising partners, a more closely watched metric, was $1.13 billion.

About 5¢ of the profit came from the sale of Yahoo’s stake in China’s Alibaba, but remaining results were still ahead of forecasts. The company was expected to earn 7¢ a share on gross revenues of $1.52 billion, or $1.12 billion after payments to advertising partners.

The problem remains the search engine market, Yahoo! continuing to loose ground to Google. Yahoo said it expects gross revenues of $1.6 billion to $1.7 billion in the fourth quarter. Operating income before depreciation, amortization, and stock-option costs is expected to be between $400 million and $450 million. Both of those are somewhat higher than Wall Street forecasts.

Press Release
15.05.2009

MULTIMEDIA SRL – ROMANIA (MultiMedia) has been selected to receive one of the Majestic Symbols of Quality which aim to present a powerful tool in assessing progress and setting priorities for policies of International sector performance, especially in the specific fields of the Macro and Micro environment -zooming in the areas of Marketing, Investment and Financial sectors of world leading market performance.

The selection committee of the “GOLDEN EUROPE AWARD FOR QUALITY & COMMERCIAL PRESTIGE” AND THE “TQM” ACCREDITATION PROGRAM ( TOP QUALITY MANAGEMENT) granted by Association Otherways Management & Consulting Paris – France, member of  the American Management Association and American Marketing Association, in cooperation with Otherways International Research & Consulting, chose to distinguish MultiMedia by providing an international standard for its product, using a technique, which directly act in increasing productive quality values, leading to the achievement of an elevated performance towards its marketing factor, thus imposing the accomplishment of high consumer / customer gratification especially into specific regions of foreign aligned markets.

The selection committee is made up of a group of companies and prestigious professionals, which are Internationally distinguished in this field.

The GOLDEN EUROPE AWARD FOR QUALITY & COMMERCIAL PRESTIGE AND THE ” TQM ” ACCREDITATION PROGRAM ( TOP QUALITY MANAGEMENT) will be presented on the 13th of July 2009 at LE MERIDIEN ETOILE HOTEL – PARIS with the participation of Commercial, Industrial & Quality Experts, Diplomatic Corps and VIP’s from the local economic and cultural world.

Nicolae Sfetcu
MultiMedia SRL
http://www.multimedia.com.ro