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despite merrill lynch downgrade yahoo reducesell internet portal rose posting betterthanexpected secondquarter results also helped lift sector cnets tech index gained 2987 points 311 percent close 99516 techladen nasdaq composite index tacked 2842 points 211 percent close 137443after hitting fiveyear low wednesday broader markets mixed amid news wholesale prices rose slightly drug firm bristolmyers squibb probed securities exchange commission dow jones industrial average fell 120 points 014 percent close 88015 sp 500 added 69 points 075 percent close 92737 reached fiveyear low wednesday httpwwwcnetcombgif top investor newshttpwwwcnetcominlinvsub_newsgif httpwwwcnetcombgif httpwwwcnetcombgif httpwwwcnetcombgif rebates hp angles pc sales hewlettpackard trying beat heat summer deals pcs retail buyers united states company offering several new rebate promotional programs designed stimulate demand pcs going backtoschool shopping season deals include new 200 mail rebate desktops others offer instant 50 rebates hewlettpackard co 1523 013 shareholders sue paypal ebay paypalebay merger hit early snag two shareholder lawsuits filed companies seeking block deal lawsuits filed delaware chancery court earlier week behalf paypal shareholders charge deal represents breach companies fiduciary duty shareholders price ebay paying paypal unfair inadequate companies said separate regulatory filings thursday ebay inc 6038 263 sap cuts forecast shows q2 loss europes biggest software maker sap ag shocked market thursday unexpectedly cutting sales forecast missing analysts forecast second quarter company said would post net loss 235 million euros 232 million said taking nonrecurring accounting charge 414 million euros cover impairments minority investments united states including 318 million euros charge 20 percent stake commerce one sap aktiengesellschaft ads 1970 773 also cnet httpwwwcnetcombgif httpwwwcnetcombgif realtime stock quotes cnet newscom investor 30day free trial todays broker reportshttpwwwcnetcominlinvsub_brokgif httpwwwcnetcombgif httpwwwcnetcombgif httpwwwcnetcombgif merrill lynch downgrades yahoo report 71102 analysts justin baldauf tim gernitis cut intermediateterm rating internet giant neutral reducesell longterm rating strong buy neutral seeing yahoos secondquarter results although results look solid first baldauf gernitis say yahoos growth driven entirely new initiatives also argue firms improved outlook seems driven completely overture deal extension eventually initiatives result much lower growth rates analysts say argue yahoos stock price isnt supported firms fundamentals yahoo inc 1292 599 visit brokerage center ceo wealth meterhttpwwwcnetcominlinvsub_ceogif httpwwwcnetcombgif httpwwwcnetcombgif httpwwwcnetcombgif emc lures hp exec technology post emc hired mark lewis away hewlettpackard become chief technology officer vice president new ventures highend storage specialist said thursday lewis head compaq computers highend storage division became 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