Yahoo Shares Up, Investors Await Earnings

Dyre Straits · Jul 7, 2003, 08:44 PM

Monday, July 07, 2003 2:38 p.m. ET

By Ben Berkowitz

LOS ANGELES (Reuters) - Shares of Yahoo Inc. <YHOO.O> rose to their highest level in nearly two-and-a-half years on Monday as analysts raised their earnings estimates in expectation of strong quarterly results in Yahoo's advertising and search businesses.

Yahoo shares were up nearly 2 percent on Monday, having risen more than 36 percent during the last quarter and more than doubled since the start of the year.

The company is due to report second-quarter results on Wednesday.

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Jul 7, 2003, 08:44 PM	#1
Dyre Straits HH Old Fuddy Duddy Join Date: May 2002 Location: Georgia, USA Posts: 14,026 Rep Power: 201 System Specs	Yahoo Shares Up, Investors Await Earnings Monday, July 07, 2003 2:38 p.m. ET By Ben Berkowitz LOS ANGELES (Reuters) - Shares of Yahoo Inc. <YHOO.O> rose to their highest level in nearly two-and-a-half years on Monday as analysts raised their earnings estimates in expectation of strong quarterly results in Yahoo's advertising and search businesses. Yahoo shares were up nearly 2 percent on Monday, having risen more than 36 percent during the last quarter and more than doubled since the start of the year. The company is due to report second-quarter results on Wednesday. Read more