Yahoo Inc. (YHOO) targets to triple its operating margins over the next three years
By Mark Moneymaster
November 10, 2009 11:51 AM
November 10, 2009 11:51 AM
Yahoo Inc. (NASDAQ: YHOO) wants to triple its operating margin to 15-20 percent over the next three years by increasing revenue and keeping costs under control.
Yahoo, Inc. (YHOO) stock, however, is not having best of times in stock market, as it is facing resistance at every higher level.
According to CEO of Yahoo Inc. (YHOO), the top U.S. seller of online display ads, is planning to expand its business in India and emerging markets and hire more people there as it targets markets with low Internet penetration and high growth potential.
(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.
We're Loving
