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SAN FRANCISCO, United States (AFP) — Yahoo on Tuesday reported quarterly earnings that topped expectations as the pioneering internet firm remained on track to be bought by Verizon. Yahoo posted profit of $99 million in the first three months of this year on revenue of $1.3 billion, as compared to posting a loss on $1.09 billion in revenue in the same period last year. The California-based company said that it was continuing to work with […]
NEW YORK, United States (AFP) — McDonald’s reported slightly lower fourth-quarter earnings Monday as strong sales in Britain, Japan, China offset a drop in the United States. The fast-food giant, which modified its menu in its home market after a lengthy slump, and restructured its international business, said its turnaround remained on track. The weaker performance in the US was due partly to more difficult year-over-year comparisons in late 2016 after the iconic chain unveiled the […]
