Yahoo postpones close of Verizon transaction to Q2 2017 citing work needed

Yahoo ($YHOO) on Monday released its fourth quarter earnings results, saying it generated $1.47 billion in revenue (a 15 percent increase) and earnings per share of $0.17. Wall Street analysts had expected the company to report $1.38 billion in revenue with an EPS of $0.13. Shares in Yahoo closed the day up 0.83 percent at $42.40, […]