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Yahoo(!): Profit Easily Beats Expectations for Third Quarter

Growth for Yahoo, at Last, but Strategy Is No Clearer       

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Marissa Mayer, chief of Yahoo, said she expected mobile revenue to top $1.2 billion for the year. Credit Robyn Beck/Agence France-Presse    

SAN FRANCISCO — Marissa Mayer finally has something, however modest, to crow about.

Yahoo reported strong third-quarter financial performance on Tuesday, breaking a pattern of revenue declines and posting profits from its core operations that far exceeded Wall Street’s expectations.

And mobile, long a bête noire for the company, for the first time contributed meaningfully to its results. Ms. Mayer, Yahoo’s chief executive, told investors that mobile revenue exceeded $200 million in the quarter and she expected it to top $1.2 billion for the full year. Yahoo and its Tumblr unit together had 550 million monthly users on mobile devices during the quarter, up 17 percent from a year ago.
 

Ms. Mayer elaborated in an interview late Tuesday, saying that Yahoo was “outpacing industry growth” in the number of mobile users, the time people spend on its services and mobile ad revenue. “We needed our execution to improve, and it has improved,” she said.
 

But Ms. Mayer did not address the biggest concern on the minds of investors: How does Yahoo take advantage of its $43 billion in stock holdings in the Alibaba Group and Yahoo Japan?

Yahoo's stock activity over the last three months.

“What are you going to do with these assets?” said Colin Gillis, director of research at BGC Financial. The reality, he said, is that those shares are far more important to Yahoo’s stock price than its core business.

In a webcast on the quarter’s results, Ms. Mayer said the company was studying ways to get value from those investments without incurring a huge tax bill, and she intended to report back to shareholders in January. But she insisted that she had been a good steward of the company’s capital during her two years at Yahoo.

“I hate to pat myself on the back, but we’ve returned $7.7 billion of capital under my watch,” she said in the interview, referring to the company’s repurchase of 24 percent of its stock at prices well below current levels. By contrast, Yahoo spent $1.6 billion on acquisitions during that time.

Ms. Mayer said Yahoo was seeing positive trends in mobile, native advertising and usage of services like email and the Tumblr blogging platform. “It does not mean the transformation is complete,” she said. “We’ve always said that it’s going to take multiple years.”

 

Oscar Pistorius sentenced to five-years in jail for killing Reeva Steenkamp

Olympic and Paralympic sprinter Oscar Pistorius started his five-year jail sentence on Tuesday for killing his girlfriend Reeva Steenkamp, marking the end of a trial that has gripped South Africa and millions around the world.

His uncle, Arnold Pistorius, indicated he would not appeal.

As judge Thokozile Masipa gave her decision on the 27-year-old's culpable homicide conviction, Pistorius, whose downfall has been likened to that of American football star O.J. Simpson, stood resolutely in the dock.

His only reaction was to wipe his eyes before two police officers led him to the holding cells beneath the High Court in the heart of the South African capital.

Southampton hammer eight past hapless Sunderland in barmy encounter

So much for the Premier League manager of the month award being a curse. Ronald Koeman collected that prize in the run-up to this game, and then watched his team romp to their biggest victory for nearly a century, inflicting a defeat that Sunderland will struggle to forget.

The Saints, who started the day third in the table, went marching on thanks to their own swish play and some staggering defending by the visitors. Sunderland’s right-back, Santiago Vergini, inadvertently gave Southampton the lead by lashing the ball into his own net in the 12th minute, and that signalled the start of a barmy encounter that had home fans in raptures and Sunderland in tatters.

By the end, Sunderland were lucky to lose by the same scoreline Northampton Town suffered against Southampton, in 1921. The Sunderland manager, Gus Poyet, lamented that it was “the most embarrassed I’ve ever been on a football pitch, without a doubt”.

Liverpool benefit from Steven Caulker own goal in chaotic QPR finale

QPR 2 Liverpool 3

Premier League

QPR	Eduardo Vargas 87,  Eduardo Vargas 90 +1:01
Liverpool	Richard Dunne 67 o.g.,  Phillippe Coutinho 90,  Steven Caulker 90 +4:13 o.g.

Steven Caulker of QPR reacts after scoring an own goal during the match against Liverpool. Photograph: Paul Gilham/Getty Images

According to the Queens Park Rangers support, Raheem Sterling sleeps when he wants. Not here. Not when he had the presence of mind to revive a Liverpool team that had largely slumbered in west London and not at the very end, when his speed, technique and incision made the difference in a crazy late shoot-out.

MURRAY WINS VIENNA THRILLER OVER FERRER; BOOSTS LONDON QUALIFICATION HOPES

Andy Murray became the fifth active player to lift 30 trophies on Sunday at the Erste Bank Open as he continued his bid to qualify for the Barclays ATP World Tour Finals for a seventh straight year.

Second seed Murray recovered to beat top seed David Ferrer, who is just one place lower than the Scot (No. 8) in the Emirates ATP Race To London, 5-7, 6-2, 7-5 in two hours and 42 minutes to capture the Vienna title. Murray is now 110 points ahead of No. 9-placed Ferrer in the battle for a berth at next month’s season finale.

"The next few weeks are extremely important," said Murray. "Everyone is playing next week. I just need to win as many matches as possible to keep hold of the eighth spot [in the Emirates ATP Race To London] or go higher."

“I am proud to win 30 tournaments and I will keep doing my best to win more.”

The 27-year-old Murray is the third Briton to clinch the Vienna crown afterGreg Rusedski (d. Kiefer) and Tim Henman (d. Haas) won back-to-back in 1999 and 2000. He received €94,500 in prize money and 250 Emirates ATP Rankings points.

"It was very tough, with lots of long rallies and long games," said Murray. "The third set was very back and forth, so mentally it was quite a tough match for both of us. I managed to be a bit more consistent and aggressive at the end."

"It's always tough to finish off tournaments. There is always pressure when you are serving for the match. David moves so well and gets so many balls back, that matches are always physical. It was quite tiring.

Ferrer, who had beaten Murray in last week’s Shanghai Rolex Masters third round, secured the first service break for a 4-2 lead, but Murray immediately bounced back. Two loose forehands cost Murray, when he served at 5-6.

Murray saved all six break points he faced in the second set, which included breaks of the Ferrer serve in the third and seventh games. Murray won five straight games en route to a 2-0 lead in the decider, before Ferrer mounted a comeback.

Spanish nurse who contracted Ebola may be clear of the disease

Initial tests on Teresa Romero return negative result for the virus following treatment in isolation unit in Madrid

The Spanish nurse who contracted Ebola after caring for two repatriated missionaries appears to have overcome the deadly disease, health authorities said on Sunday.

Teresa Romero Ramos, 44, has tested negative for Ebola for the first time since being hospitalised nearly two weeks ago, Spain’s special committee on Ebola said in a statement. The results suggest that she is now clear of all traces of the virus, but authorities noted she would be tested again in the coming hours to confirm the result.

Romero Ramos tested positive for the virus in early October, becoming the first known person in the current outbreak to contract Ebola outside of west Africa. The nurse was part of a team attending to two Spanish Ebola patients who had been evacuated from west Africa to Madrid for treatment in August and September. Both died days after returning to Madrid.

After nearly a week of complaining of a fever, Romero Ramos was brought by ambulance to a hospital in Alcorcón, in the outskirts of Madrid, where she tested positive for Ebola.

Liberian's President Speaks - WE MUST FIGHT AGAINST EBOLA

Monrovia – Liberia’s president has made an impassioned plea for all nations to commit to the fight against Ebola ahead of a meeting by EU foreign ministers Monday, under pressure to scale up their response to the escalating epidemic.

Nobel laureate Ellen Johnson Sirleaf said a generation of Africans were at risk of “being lost to economic catastrophe” because of the epidemic, warning that the “time for talking or theorising is over”.

“This fight requires a commitment from every nation that has the capacity to help — whether that is with emergency funds, medical supplies or clinical expertise,” she said in an open letter to the world published by the BBC Sunday.

“From governments to international organisations, financial institutions to NGOs, politicians to ordinary people on the street in any corner of the world, we all have a stake in the battle against Ebola.”

4 month old pregnant woman beaten to death by husband

 

ENUGU – Tragedy struck at the weekend in Akpawfu village in Nkanu-East Local Government Area of Enugu state when Ndidi Ozoemena Nwankwo was allegedly beaten to death by her husband, Ozoemena Nwankwo at about 10.05PM of October 17.

Operatives of the Enugu State Police Command has launched an investigation into the heinous crime describing the suspect as an alleged serial wife beater.

According to a statement released to newsmen by Police Public Relations Officer, PPRO, Mr. Ebere Amaraizu, DSP, he said:” Close family source informed the command that the suspect had been using his wife as punching bag.

“The suspects wife is four months pregnant. Due to the beating she got from the husband on that fateful day which inflicted injuries on her right leg and on her vital organs, she was rushed to hospital.

“She was unconscious at the nearby hospital were she was rush to and the doctors on duty confirmed her dead. The reason for the beating is yet-to-ascertained. The suspect, Ozemena Nwankwo has been nabbed and is helping Police with investigation.”

Meanwhile, the deceased corpse has been deposited at the Agbani General Hospital for autopsy.

Police Spokesperson however said that the matter will be charged to court once investigations is concluded urging members of the public to always avail security agencies of information that will nip crime in the bud to cub crime in the society.
Ends.

Watch LiveApple Unveils New iPads And Launches Apple Pay

The iPad Air 2 and iPad Mini 3 are unveiled by Apple hours after their details were apparently leaked by mistake online.
Apple has launched two new iPads - featuring Touch ID fingerprint sensors and a camera 'burst mode'.
The iPad Air 2 and iPad Mini 3 were unveiled by Apple hours after their details were apparently leaked by mistake on the technology giant's website.
But many online commentators speculated that the leak was deliberate, and designed to overshadow the launch of Google's new operating system called Lollipop.The new features are relatively minor, however.

Nigeria Agrees Deal For Kidnapped Girls

Nigeria's presidency has agreed a ceasefire with Boko Haram militants which would see the return of 219 kidnapped girls, according to officials.The group kidnapped more than 200 girls at gunpoint from a school in Chibok, northeastern Nigeria, on April 14.Some of the girls managed to escape from the group in the aftermath of theirkidnap or during fighting among militants, but the vast majority are still missing.Air Marshal Alex Badeh, chief of defence staff, said: "A ceasefire agreement has been concluded between the Federal Government of Nigeria and the Jama'atu Ahlis Sunna Lidda'awati wal Jihad (Boko Haram).

Mystery Shuttle Lands After Two-Year Flight

The X-37B Orbital Test Vehicle is pictured in this US Air Force handout

The US military's top-secret version of the space shuttle has completed a nearly two-year-long classified mission.The space plane, known as the X-37B, landed at Vandenberg Air Force Base on the Southern California coast on Friday after circling the Earth for 674 days.What the shuttle was doing during thattime remains a mystery.

Brazil Serial Killer: Hospital Guard 'Kills39'

A hospital worker killed 39 people in 10months out of "anger at everything andeveryone", police in Brazil have said.Thiago Rocha, 26, is accused of embarking on a killing spree in the central state of Goias, where he workedas a guard at a maternity and infant hospital.Following his arrest, Chief of Police Deusny Aparecido told a news conference Rocha was a "cold person" and "killed out of anger". "He had no link to any of his victims and chose them at random. It could have been me, you or your children," said Chief Aparecido."He felt anger at everything and everyone."Rocha, who is said to have confessed to the murders, was detained on Tuesday and is awaiting a court hearing.He reportedly tried to cut his wrists in his cell using a broken light bulb.A motorcycle allegedly used during some killings. Pic:

Policia Civil/GoiasThe accused lives with his mother and had been picked up by police last year for stealing motorbike licence plates at a local supermarket.After his arrest this week he said he was feeling anguished and had committed the murders to ease his suffering.Images recorded on a snack bar CCTV helped police identify the alleged serial killer. It is claimed he tried to shoot a young woman outside the snack bar from his motorbike but the gun jammed.He then kicked her in the mouth before speeding away, police said.Police say the first victim was 14-year-old Barbara Luiza Ribeiro Costa, who was killed in January this year.The latest victim was Ana Lidia Gomes,who was shot at a bus stop in a motorbike drive-by.Chief Police Detective Joao Gorski said: "I believe he is a serial killer. In the beginning he killed at random, but by the end he had established a pattern."Among the 39 victims were homeless people and homosexuals. All those killed were young.Rocha's lawyer, Thiago Huascar, said he would await all charges and a full briefing with his client before making any comment.

35 year old man infects 12 year old girl with HIV

Man, 35, infects 12-yr-old groundnut hawker with HIV[image]The police in Bauchi State, Tuesday, arrested a man, 35, for infecting a 12-year-old girl with Human Immuno Virus, HIV. This was disclosed by the state Police Public Relations Officer, Haruna Mohammed, in Bauchi, yesterday, saying the man had been HIV positive and on medication since 2004.

Melbourne vaccine maker CSL joins global search for Ebola virus cure

VACCINE maker CSL has been called into the fight against the deadly Ebola virus as the Melbourne-based company joins the global search for a solution.
The specialist blood products company is in discussions with the World Health Organisation about the potential to harvest valuable antibodies from survivors of the illness.
CSL chief executive Paul Perreault said with development of a vaccine likely to take at least a year, global health groups were desperately searching for more immediate solutions.
“The areas they are most interesting in is something more short-term,” Mr Perreault said after the group’s annual general meeting in Melbourne yesterday.

A burial team from the Liberian Red Cross prays before collecting the body of an Ebola victim. Picture: Getty

Nicki Minaj puts on suit and tie for Vogue Italy

Just before you think that all there is to Nicky Minaj is churning of lewd rap lyrics, exposing naked body parts, and.., twerking like there’s no tomorrow, you should consider checking her out in the picture below.

IVF complications on rise with most due to Ovarian Hyperstimulation Syndrome

THE number of women suffering complications from IVF treatments is rising steadily in WA, prompting fears some of the state’s clinics are using outdated methods. 

              
And a leading practitioner has warned his peers not to give in to pressure from patients to increase ovarian stimulation to unsafe levels.

Latest figures show 29 cases of “serious morbidity” from artificial fertilisation procedures were reported to the Health Department in the past year.

That was double the number in the previous year and four times as many as in 2009-10.

The Reproductive Technology Council data showed the number of women undergoing IVF treatment grew by just 25 per cent over the same period.

 

The majority of the complications relate to a condition known as Ovarian Hyperstimulation Syndrome.

Teacher Diane Brimble branded ‘evil’ for asking 10-year-old boy for sex

Diane Brimble leaves the Victorian County Court. Picture: Andy Brownbill Source: News Corp Australia

A PRIMARY schoolteacher who asked a 10-year-old boy to have sex with her is an “evil woman” who stole his innocence, his parents say.

Diane Brimble, 47, tattooed the boy’s name on her chest, had images of him on her phone, and sent him social media and text messages.

In August, a County Court jury found the Hamilton mother of eight guilty of committing an indecent act with a child under 16 in 2013.

Judge Mark Taft said Brimble drove the boy to her house before offering sex, but he rejected her advances. 

GEORGE CLOONEY IS MARRIED!

George Clooney & new wife pictured arriving for their civil service in Venice today

Hollywood actor George Clooney and new wife Amal Alamuddin rounded off their 4-day wedding weekend by making their marriage official with a 10-minute civil service that took place today. The couple are pictured above arriving the Venice City Hall to complete formalities and sign the wedding register in front of witnesses. Though they married on Saturday night, to make the union legal under Italian law they were still required to turn up for a civil ceremony. See more photos after the cut...