Watching the Microsoft-Yahoo show? Here are two figures to watch in the coming weeks:
$1.32 billion and 11 cents.
Yahoo is projected to generate $1.32 billion in revenue and earn 11 cents a share for the first quarter, according to analysts' estimates collected by Thomson Financial.
Anything less than that when the company reports its first-quarter results on April 22 could apply greater pressure on Yahoo to accept Microsoft's unsolicited buyout bid that was initially valued at $31 a share. This especially holds true if no other white knights emerge to make a deal with Yahoo.
One … Read more