Yahoo net profit down
San Francisco: Yahoo Inc. has reported an 11 per cent fall in profit in the quarter ended March 30, 2007, below Wall Street estimates. Yahoo also forecast a second-quarter revenue, excluding payments to affiliates, of $1.2 billion to $1.3 billion, below analysts' forecasts ranging from $1.22 billion to $1.35 billion. Yahoo said first-quarter net income fell to $142 million, or 10 cents per diluted share, compared with the year-earlier quarter of $160 million, or 11 cents per diluted share.
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Coca Cola reports higher profit than projected
New York: Coca-Cola Co. the world's largest beverages company has reported higher quarterly profit beating Wall Street estimates on the back of strong sales from emerging markets.

Coke's net income for the first quarter ended March 30, 2007, rose 14 percent to $1.26 billion, or 54 cents per share, from $1.11 billion, or 47 cents per share, a year earlier.

Coca-Cola has seen a slowdown in sales in the North American markets as increasingly health-conscious consumers opt for bottled water or tea.

Coke's North American sales were flat last year, while sales in Eurasia grew in the double-digits.
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