Major companies including Caterpillar (CAT), Citigroup (C), Nokia (NOK), American Express (AXP) and Google (GOOG) reported robust quarterly earnings, cheering investors and driving
Yahoo? Not really
Yahoo (YHOO) reported an 11% drop in quarterly profit and only a small gain in revenue on Wednesday, after spending heavily to better compete with rival Google (GOOG). The next day, news emerged that a jailed Chinese dissident has sued Yahoo alleging it broke
Google Inc., the No. 1 Internet-search provider, reported first-quarter profit jumped 69% as it expanded its lead in the global market for Web-search advertising. The gains came even though Yahoo introduced a new search-advertising feature aimed squarely at leveling the field with Google.
Full cover stories or more articles on market watch analysis with John Shinal. Still we remember that next week will all major corporations are growing up…!