<div id="subtitle">Monster Worldwide posts $2M loss in fourth quarter as soft job market hurts business</div><div><p>Monster Worldwide Inc., which operates the job search site Monster.com, swung to a $2.1 million fourth-quarter loss Wednesday as the tight job market continued to hurt its business.</p><p>The company announced separately that it agreed to buy Yahoo HotJobs, an online recruitment site, from Yahoo for $225 million in cash.</p><p>Monster's loss for the quarter amounted to 2 cents per share, a penny worse than the estimate of analysts surveyed by Thomson Reuters. That compared with a profit in the fourth quarter a year earlier of $28.6 million, or 24 cents per share.</p><p>Revenue fell 27 percent to $213.1 million from $290.7 million a year earlier. Revenue was down more than $1 million from the third quarter and was the lowest of any quarter in 2009.</p><p>For the full year, the company posted net income of $18.9 million, or 16 cents per share, down from $124.8 million, or $1.04 per share, a year earlier. Revenue was $905 million, down 33 percent from $1.34 billion.</p><p>Monster's stock rose 38 cents, or 2.4 percent, to $16.42 in after-hours trading.</p><p>Chairman and CEO Sal Iannuzzi said the company's major markets showed signs of stability and improvement in the fourth quarter. Monster gets nearly half of its revenue from outside the U.S.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=68402438&bid=informcom" /></div><div id="copyright"><div>

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