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Introducing the 24/7 Wall St. Wire

According to Reuters, Yahoo!’s (YHOO) profits dropped 61% in the last quarter but the shares rose on anticipation that its new web search advertising system is about to launch. Reuters writes that Sun Microsystems (SUNW) has a small, unanticipated proft and KKR invested $500 million in the company.. Reuters also reports that Broadcom (BRCM) will [...]