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Yahoo to spend more after cost cuts lift 2Q profit (AP)

July 22nd, 2009 | No Comments | Posted in Aggregator

This came from Yahoo News

FILE - In this Jan. 13, 2009 file photo, Yahoo Inc. headquarters in Sunnyvale, Calif. is seen Tuesday, Jan. 13, 2009. Yahoo's second-quarter profit rose 8 percent, boosted by the cost cutting the Internet company has imposed as it tries to bounce back from a long slump. The results announced Tuesday, July 21, 2009, marked Yahoo's first quarterly earnings increase since the first three months of 2008. (AP Photo/Paul Sakuma, file)AP – Carol Bartz has already shown off her cost-cutting skills in her first six months as Yahoo Inc.’s chief executive.

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