Money | Yahoo Yahoo Hopes Q1 Report Will Boost Microsoft Bid Data out tomorrow expected to be in line with analysts' expectations By Jim O'Neill Posted Apr 21, 2008 10:50 AM CDT Copied The Yahoo logo is seen in New York in this Thursday, Feb. 14, 2008 file photo. (AP Photo/Mark Lennihan, file) All eyes will be on Yahoo's first-quarter earnings report tomorrow; the company hopes to use solid results to pressure Microsoft into sweetening its takeover bid, the Wall Street Journal reports. The report comes just 2 days before Microsoft's own and 4 days before the deadline the latter set for a deal to avoid a hostile takeover. Yahoo is expected to meet modest projections for first-quarter growth. The market's reaction to the reports could also affect a potential deal, the Journal notes: Tech stocks rallied last week, lifting the value of the Microsoft's offer closer to the $44.6 billion it was worth when made Jan. 31. Another 4% boost would return it to the original value of $31 per Yahoo share; stockholders are looking for something closer to $35. Read These Next "Admiral Piett" of the Star Wars universe died from COVID. Trump voter who supported mass deportations could be deported herself. Shooter opens fire on Texas Border Patrol Rescuer in floods gets a poignant question. Report an error