Yahoo results better than expected

Despite the doom-sayers, Yahoo's latest financial results have lifted the mood in the company by not being quite as bad as the analysts predicted.
The word turmoil doesn't really cover a company that has ousted its chief exec and is actively looking for a buyer.
However, earnings per share were up 32 per cent year-on-year, although revenue was down 5 per cent to $1.072 billion and income down 6 per cent to $177 million.
Boost
That gave Yahoo's shares a boost on the markets, and presumably a nice boost to morale in the company as well.
Yahoo parted company with Carole Bartz recently – the chief executive brought in after Jerry Yang was pushed out following the rejection of a massive takeover ... »read more

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