Yahoo sales fall

Internet giant Yahoo has posted a $153 m (£95 m) net profit in the fourth quarter of 2009 , but has seen sales continue to fall. The profit figure compares with a $303 m loss in the same period in 2008 , but revenue fell 4 % to $1.7 bn. Yahoo struggled during the global downturn as advertisers trimmed their budgets. The firm cut more than 2 ,000 jobs to try to reduce costs. Shares in Yahoo rose 1 % in after-hours trading in New York to $16.17 ?. "The fourth quarter marked a strong finish to 2009 , which was a transformative year for Yahoo," said chief executive Carol Bartz. "Our business has positive momentum and we feel good as we head into 2010. " For the whole of 2009 , Yahoo made a £598m profit, up 43 % on the previous year.