Yahoo's Alibaba stake takes heat off weak forecast

By Alexei Oreskovic SAN FRANCISCO (Reuters) - Yahoo Inc's core online advertising business continued to struggle in the third quarter but its valuable investment in Chinese e-commerce powerhouse Alibaba Group Holding Ltd was enough to keep Wall Street satisfied. Shares of Yahoo were up nearly one percent at $33.70 in after hours trading on Tuesday, as investors looked past ongoing pricing pressure and a weaker-than-expected financial outlook to focus on a revised agreement it struck with Alibaba. ...

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