Hey man, not to worry. Sometime due to minor mistake this kind of thing happens, well I have seen for it and I have solution for you. Just uninstall it and install again and this time check for yum kernel, and also check for the below logs. This will help to you to solve your problem.
Code:
# yum install php-common.i386
Loaded plugins: fastestmirror, priorities
Loading mirror speeds from cached hostfile
* addons: centos.mirror.xtratelecom.es
* base: centos.mirror.xtratelecom.es
* extras: centos.mirror.xtratelecom.es
* updates: ftp.free.fr
Setting up Install Process
Package matching php-common-5.1.6-27.el5_5.3.i386 already installed. Checking for update.
Nothing to do
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