Inuvo (INUV) is down after it says it sees Q4 sales of $14 million, down slightly from Q3 but up 46% from a year ago.
It further reported that its search marketing business experienced reduced revenues in the latter half of the fourth quarter resulting from migration to the recently launched Yahoo!-Bing platform.
This integration caused both an unexpected disruption in search traffic purchased through the platform and lower revenue-per-click received. The Company is making the necessary adjustments required to adapt to the new marketplace, but volatility may continue over the ensuing months.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...