US Markets

DJIA8149.09chart-679.95
NASDAQ1398.07chart-137.50
S&P 500816.21chart-80.03
2008-12-01 16:04

Intl. Markets

FTSE4065.49chart-222.52
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2008-12-01 11:46

Commodity Futures

Oil49.28chart-5.15
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2008-12-01 17:45

Treasury Yield

13 Weeks0.01chart-0.01
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2008-12-01 14:59

Exchange Rates

JPY93.19chart+0.00
EUR0.79chart+0.00
GBP0.67chart+0.00
2008-12-01 18:13

Google earnings surprise may give Yahoo leverage

NEW YORK (Reuters) - An earnings windfall for Google Inc should benefit rival Yahoo Inc in buyout talks with Microsoft Corp, as investors view the results as proof of a robust online advertising market.

Yahoo is entering a critical week as it prepares to report quarterly results on Tuesday and faces a Microsoft-imposed deadline to accept the nearly $43 billion offer.

The software maker has cast doubt on whether Yahoo is even worth that much with a weakening U.S. economy and general slowness in the ad industry. Google’s strong showing could help its rival Yahoo stand firm on a higher takeover price on hopes Web marketing is more durable in a downturn.

[SOURCE]

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