Can Yahoo’s Newspaper Deals Spark Momentum?

October 18th, 2007

When Yahoo reported its second quarter earnings in July, cofounder and CEO Jerry Yang said the company’s management was focused on doing everything it could to strengthen the business, capture long-term growth opportunities, and create increased value for shareholders.With third-quarter earnings to be released on Tuesday, financial reporters are waiting for the official word on Yahoo’s progress over the past three months. Yahoo’s second quarter saw revenue growth, profitability, and strong free cash flow, but the company still isn’t competing head to head with Google on most fronts.

Yahoo made plenty of moves in the third quarter, including revamping Yahoo Mail, striking new strategic partnerships, making acquisitions, remodeling its search engine, and adding new newspapers to its consortium. It’s the consortium that’s in the spotlight on the eve of Yahoo’s latest earnings report.

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