Yahoo Inc. shares moved higher Wednesday even after the company reported a drop in earnings and missed Wall Street's forecasts. Yahoo shares were up 50 cents, 2.3 percent, at $21.90 in morning trading. The company had reported after the market closed Tuesday that it earned $131 million, or 9 cents per share, in the second quarter. Analysts had projected 11 cents per share, according to Thomson Financial. In the same period last year, profit was $161 million, or 11 cents per Full Story |