Monster Worldwide Swings To Loss
February 04, 2010 at 12:17 PM EST
Monster Worldwide Inc. (NYSE: MWW) blamed the dismal job market for swinging to a loss for the fourth quarter of 2 cents per share compared with income of 24 cents per share last year. The job search site also announced a $225 million all cash purchase of Yahoo's HotJobs. The stock price plunged $3.18 to $13.24.
