yahoo!'s conference call. marissa meyer. >> one i had great respect for when i first discovered it as a stanford student in 1994. at that time yahoo! was called jerry and dave's guide to the worldwide web. even then it was on what an essential tool it was and the incredible potential. beyond that potential and its storied history, some of you might ask, why did i, in particular, come to yahoo!? in short, this job is tailor made for me. the core components of yahoo!'s business, search, mail, ads, mobile, news, and the home page, are also the core products that i built my career upon. so my answer is simple. i came to yahoo! to grow and to help redefine one of the internet's most beloved companies. this afternoon, i'd like to discuss my priorities over the past quarter, including our efforts around people and products, then following ken golden's review of the third quarter financials i'll discuss the vision and direction for yahoo! moving forward. let's begin with our people. companies are al

search, yahoo! finance, yahoo! sports, these stocks, tremendous gravitas, at $1 a share. yahoo!elieves it's worth $7.17 which means it it was to trade at $22. that's a remarkable, remarkable move you need to catch. it could be worth even more frankly. if you believe as i do that she has what it takes to turn this business around. again, i need to see mobile and i need to see social because that's where all the winners in tech have. bottom line when yahoo! was a headless company with no strategy for monetizing its assets it made sense for the stock to trade down here. now it has leadership and a turn around plan that we'll hear more about and the company is unlocking the hidden value like with ali baba. that means the stock goes higher. i say congratulations, marisa, you finally made yahoo! a stock that's worth buying. >>> let's go to david in kansas, please. >> caller: hey, hello, jim, i'm a cpa from wichita, kansas. dropping a big boo-ya from the capital. >> i was with a bunch of guys this weekend with my daughter at school, we were all saying what is the subject that people sh

now that yahoo! has the leadership issues sorted out, it looks like mayer is committed to doing whatever it takes to unlock the the shareholders. mayer comes from google. she had a sterling reputation as the person behind many of the most beloved features that make google so happy. i love the happy birthday google last week. mayer is a product person. if anybody can turn it around, it's her. i bet she can develop a mobile strategy too. however, even more important is that yahoo! figured out how to unlock the hidden value that wall street isn't giving any credit for at the moment. they got to monetize the assets that i mentioned earlier. that's why it made me happy when yahoo! announced they were hiring ken goldman from fortinet, effective october 22nd. he helped to restructure a software company that sold itself to oracle too. that's the kind of activist cfo yahoo! needs. the fact that she picked him tells them they're going in the right direction. the plan we will hear more about when they report in

julia boorstin recapping the yahoo! quarter. >> those yahoo! shares are trading higher because the company reported significantly better than expected results. adjusted earnings per share came in at 35 cents. that's ten cents more than wall street expected. revenue grew 2% to $1.09 billion. there's more than 1% revenue growth wall street expected. driving that upside was the fact that search revenue excludeing traffic acquisition cost increased 11% over last year. gap display revenue was up just 1% from a year ago. now we'll be listening closely to the conference call which started at 5:00 p.m. eastern and 2:00 p.m. pacific. we expect to see marissa mayer speaking for the first time as company ceo to outline her vision for the company and to particularly weigh in on how she plans to build yahoo!'s mobile presence and how she looks to regain yahoo!'s market share. we expect her to field questions about potential acquisitions in the work. i will be back with headlines from that call coming up in "fast money." back to you. >> the earnings blitz co

>> i do not own yahoo! or apple and the firm does not prove any investment banking services to those companies. >> susie: thank you so much. colin gillist. >> susie: even before yahoo's nice after the bell surprise the stock market was being pushed and pulled by corporate earnings. a late round of buying lped the major averages erase big losses, and end todin in positive territory. the dow added to two points, the nasdaq powered in part by apple, jumped 11 points, while the s&p 500 tacked on less than a point. e pratt reports, despite today's comeback, it could be a spooky stretch for investors.t >> reporter: a halloween pop up store has popped up right across the street from america's symbol of capitalism. and, it seems rather fitting, as lately the environment has gotten scarier for stocks. the big ghoul in the market right now, corporate profits. while earnings season started off okay, it's recently deteriorated. but, market pros are worried about other spooky issues, too. >> fiscal cliff will absolutely

yahoo japan they're valuing.e rest of the company x cash at only about a dollar a share, so they're really saying that yahoo itself really is almost worth $0. but when you look, they do have, certainly, some trademark properties out there as well, so i like this stock from a value play, and i think if you're looking to kind of hide out in a stock shorter-term given the market turmoil, yahoo, given the fact that it's kind of been mired here, certainly would be one of my picks going forward. > > what are you looking for here? a 5% gain? less than that? > > i think with yahoo it's not going to be the yahoo of old in the late 1990s, but i think going forward, it should be a slight market outperformer, given the fact that i think the market will have a little difficulty going forward here. kind of look for yahoo to maybe put in a 7-8% net return over the course of the year, and there is talk that they're going to start returning that cash as a dividend going forward as well. so that will give the stock a little bit of

shares of yahoo! are climbing in extended trading after the tech company topped expectations with its third quarter results. yahoo! reporting a profit of 35 cents a share. that's 10 cents better than expected. revenue of $1.09 billion also just topping the estimates. >>> federal regulators meantime hit david lehrner associates with $14 million in sanctions for unfair practices over a nontraded real estate investment trust and charging customers excessive markups on other investments. the firm's founder and ceo, david lehrner, has been fined $250,000 and suspended from the securities industry for one year. >>> and nissan recalling nearly 14,000 select 2012 and 2013 altimas. the nhtsa said the certain bolts in the vehicle may have not have been properly torqued david: a lot of businesses were hit hard during the recession but we found a company that actually turned the recession into an opportunity, by hiring laid off talent and by locking in some cheaper advertising budgets and it all paid off. joining

yahoo! as the internet company posted better than expected third quarter figures. but burberry an lis cutting price targets. and bank of israel splaning for all sorts of eventualities among tipped tensions. . >>> on today's show, plenty to get through of course. let's remind you what's coming up. we'll discuss the presidential debate with experts one which president obama says was clearly the winner while the other thinks romney was the one who looked more presidential. we'll hear from the governor of israel stanley fisher with a live update from tel aviv. and we'll get an in-depth analysis on the latest earnings out of japan. find out what stocks our guests think is a buy at 10:30 cet. also is there more easing on the cards for the fed? we'll head out to philadelphia with the latest expectations. the fed begins its two day meeting. but first, president obama and mitt romney faced off for the third and final time before election day in a last ditch effort to convince people they're the right

even patch is looking for distribution, and one thing yahoo! has is distribution. when yahoo! provides you with a platform, you see it. publishers recognize that it is a fire hose. so we launched in october 30 neighborhoods. we are now up to about 400 neighborhoods in new york, san francisco, san jose, peninsula, a detroit suburb, and chicago. we are going to be launching in cleveland and dallas, end of april/early may, and as we iterate on product, we will get better, but the idea is that it is open, and it allows for publishers to publish their content on the platform, people to actually communicate and for dissipate on the platform, and for the original content if you want to do that. the exact reason that you mentioned, which is yahoo! is not going to know oakland better than oakland local, so why not have them be the voice, and we provide carriage for distribution? >> [inaudible] >> [inaudible] challenges described, and are they similar in your community? >> we broadcast news on a seven- day basis. one hour of cantonese news and one hour of mandated -- one hour of mandari

yahoo!'s expected to report earnings per share of 25 cents, up 11% from a year ago on 1% higher revenue. the big question is how display ads, which is yahoo!'s biggest business, at 40% of its revenue are impacted by the shrift to mobile where yahoo! has a relatively small presence. we'll be watching that cost-per-click metric which declined at google. yahoo!'s second biggest business is its search business. that's about one-third of the company's revenue. it will also be in focus. it continues to lose market share with just 12.2% of search in september. we'll see what myer has planned to build yahoo!'s mobile prices and keep consumers engaged when they're faced with so many competitors like google and facebook. myer is sure to face some questions about the report that she's interested in acquiring companies like open table, as well as ad tech companies like millenial media. what yahoo! do vs going for it, it is the fourth largest visited website in the world. we'll see how yahoo! can build on

impact the future of yahoo versus the others? >> well, one competitive advantage we haven't mentioned is the google infrastructure she's part of. and every time there's a strong company in the valley, it leads to innovation. so the number of new innovators that have google people in them is huge. and that's her tribe. she knows that tribe really well. she's been in touch with that tribe, that's a competitive advantage for her on acquisitions. >> and we want to talk about the three big technology shifts that you see overall. you already talked about pc to mobile, number one. what are the other two? >> well, the other two are certainly on premise to cloud. that's happened, we've seen that in the ipos this year, workday, guide wire, service now. and the third is small data to big data, or analytics. you can see that in earnings announcements. even ibm's announcement. they spent a ton of money acquiring analytic companies over the last couple of years, and analytics revenue in their software space was a huge growth area for them. >>

outspoken and controversial former yahoo! chief carol barts weighs in on the future of the tech giant and whether it's heading in the right direction. >>> plus, the oracle of oracle. maria sits down for an exclusive interview with larry ellison. what game changing products does the firm have in the pipeline, and what will the free-spirited ceo buy next? find out straight ahead. >>> and class action. in another exclusive, the man in charge of settling claims against convicted sexual offender jerry sandusky talks to maria about how penn state will administer proper compensation to the victims. that and a lot more is still ahead on the "closing bell." ifo improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. why they have a raise your rate cd. tonight

i think if you identify risk and reward, yahoo! is $20, $20.50 on the upside, $14.50 -- the downside risk at best. >> henry knows what yahoo i can't hoo's aboyahoo!'s about. converting page views into dollars. >> i should say, though, i think marisa meyer did a great job on the call the other night. i work for yahoo!, not going to talk about it too much. but i thought she did great. she inspired it. she's re-energized the company. a lot of people had left it for dead. that is a big accomplishment. >> watch sina, too. it's down there at the 100-day moving average. just what mr. jacob talked about. if it breaks through, it might only have a temporary breakthrough there. so 56 level, roughly 55.5. watch it here. i would try to buy it around 53 because i think it breaks the 100 day and gets to. there then it's a great buy. >> we will watch it, especially if it hits 53, john. thank you. >>> when we return, where do to see invest now. if economic growth continues its slow and steady climb. first, kate kelly with new information about you

yahoo! instruments closely. they're expected to report after the bell. yahoo! with the new ceo of yahoo!. that will be something we've waited to see what her strategy will be. texas instruments, western digital also reporting their quarterly earnings. stay tuned to the fox business network in the 4:00 p.m. show because we'll be focusing on these names of course, as they report their quarterly reports. as you know it has been a tough go of it. a lot of names missing their numbers. melissa: absolutely. it is really starting to spook markets and investors. people are starting to talk about it. nicole, thanks so much. turning now to the commodities it is a down day for the energy sector with oil down for a third straight session. fox business's phil flynn from the futures group. what are they talking about? are they following stocks to a certain extent? >> i think they are. this market is slip-sliding away into the november expiration. there is a lot of concern about the global economy. there no

yahoo's numbers came in ahead of expectations. she says she is proud of the team she has been putting into place and is just starting to make yahoo into a better company. investors pushing stock up by about 5% in after-hours trading. >>> a bad day for amazon.com, and this has nothing to do with shopping. the company also operates servers in the cloud for companies like netflix. those went down today causing some of their clients to go offline. now most of the companies appear to be back online. amazon blames connectivity issues for the outage. >>> the tech world will focus on apple tomorrow morning. the cupertino company expected to unveil among other things a new smaller version of its ipad. shares of apple stock moved higher by 4% today on optimism about a new product and more sales. we will be at the apple event tomorrow morning, sending out live updates over twitter. we'll also see lots of tweets come out from tonight's debates. and a silicon valley company is tracking every single one of them. netbase of motain view has this,

. >> yahoo!, we will hear from the new ceo. >> the company was once synonymous with internet searching and has a big battle. when we go online answered the internet, 57% of searches are through google. bafta competition yahoo! faces -- that is the competition yahoo! faces. marissa mayer, the first time she's going public with her plans to turn around yahoo!. >> investors will be looking for what are the kind of more long-term goals she has in store? does she want the company to focus on search or things like? like we don't have an answer right now. investors need more guidance about what the company is and what direction it's headed. >> so we will bring back to you when she speaks. thanks very much. i want to return to our top story. clashes in a non following the assassination of the country's security chief last week. let's go to our correspondent. david joins us now from beirut. we're at the beginning -- at the beginning of this program i said that the country was staring into the abyss. do yo

future of yahoo. >> that is right. david louie has the latest happening now. >> happening now, ceo marisa myer had an earnings call. big news had to do with her articulating future plans for the company. she says she wants to improve yahoo's services but wants to push harder into mobile that is where users and advertisers want to be. she sounds as though she's hiring. this includes engineers. >> and it's a very competitive market. >> it's going to have to be a strong vision to compel them. >> yahoo says it will develop content and partnerships. myer is a new mom, she's got two babe dwreez take care of, hoping both grow up successful. >> still ahead today's sentencing of a teenager who ran down and killed a father and daughter. what he didn't do in court that upset the victim's family. >> call it a square deal. another company plans on making a move into downtown san francisco. >> michael finney will be answering your questions you can contact him right here and on twitter. >> outside we go. taking a look at traffic. yo

so there's a lot more hope in yahoo! from the new ceo than there is concern about their business model. to me, i just don't think this really plays in many of the tech stocks aside from facebook, aside from yahoo!. it doesn't play into apple for all intents and purposes as far as i'm concerned or nest others. >> what's apple doing here? >> sue, alluded to the fact eric schmidt said the mobile battle with apple is the defining fight in technology. >> i wonder if that changes the dynamic of those two or whether it gives apple another foot up. i'm not sure but i find it fascinating. >> you certainly have two companies that do pretty different things. right? apple is a hardware company as well as a software company. they seem to put almost anything out and it sells. maybe google is more tied to the broader economy, so it obviously has some perhaps more built-in risks. >> you look at the knock-on effects of this as you guys have just been talking. i'm looking at the dow, of which google is not a component but it's turned nega

. >> meanwhile, yahoo! one of the morning's bright spots rising in premarket on the better than expected results. on the first earnings call since taking the job as ceo, marissa mayer outlined what she believes should be yahoo!'s top priority. >> yahoo! hasn't capitalized on the mobile opportunity. we haven't effectively optimized our website. we've underinvested in front end development and we splintered our brand. we have more than 76 applications across android and ios. all of this needs to change. our top priority is a focus, coherent, mobile strategy. >> cnbc and yahoo! have a business alliance to share and co-produce editorial content. half of the engineers should be mobile engineers. sounds like there could be acquisitions over time. >> as small as 100 million or less. there has been speculation and you can imagine bankers are shopping anything to yahoo!. they don't seem to be interested in going for the big bite, which makes sense. you know, she did not offer specific details other than kind of what

. >>> a busy week in business, this afternoon, yahoo! mayer will be making her very first appearance before tech reporters and industry analysts. scott mcgrew joins us with all that. >> good morning. we'll start with yahoo!. this afternoon, the company will open its books to investors. this will happen right after the stock market's close. now, lots of pressure on this woman, mayer, although if numbers are bad, analysts will give her one last get out of jail card because these numbers will reflect yahoo!'s earnings july through september. she didn't take over till mid july. and then you have apple tomorrow showing off a new ipad. that's what everybody expects, at least. it's been more than 200 days since apple unveiled an ipad, the ipad 3. here's the calendar for you. this afternoon, yahoo!. tuesday, not just apple but facebook announces profits. and then wednesday, the fed concludes its important fomc meeting. and thursday, apple will report its profits. friday, microsoft's surface tablet goes on sale as does windows 8. that's going to

. >> jane king joins us live with that and changes at yahoo. >>> watch for yahoo mail, yahoo finance,yahoo sports less clutter to personal light the experience. reuters says yahoo's new ceo may be planning an ambitious technology difficult event comeback designed to revitalize aging but well trafficked props, key for investor the company quarterly results after close today, shares a little lower. over all this morning, a mixed start to things. we had big drop friday. really notter racing losses going into the weekend -- bloomberg index is trading higher. sec investigation into facebook and the way shares tanked after the ipo so tar turning up nothing. source tells bloomberg sec has found no evidence that facebook withheld information from invest force if the final conclusion is -- similar it could help facebook fend off civil suits. facebook shares a little higher today. millions of dish network customers have their am cnet works back the two parties -- amc networks back. -- . >>> mike watching live doppler. >>> north bay cortamadera, 101 rain still falling there, traffic moving here

. >> big news at yahoo this afternoon. net flix turning to sweden. >> we're live with today's after the bell report. hi, nicole. >> hey, good afternoon. the great yahoo named a new chief operating officer. he was google's vice president of partner business solutions world wide. he was at google from 2006 until now. he is the biggest fish yahoo ceo porched from her former employer so far. he will report to mayer who said he is a incredibly accomplished and rigorous business leader i'm personally excited to have him join yahoo's strong leadership team. that is a direct quote. he's expected to start working at yahoo by january. >> and soft bank will spend $20 billion paying $8 million to sprint buying $12 billion worth of shares from the marketplace. biggest acquisition by a japanese company in more than a decade. soft bank hoping to profit from the growing smart phone market in the united states. zynga suing a former employee claiming he stole company secrets. saying he took 760 documents from his computer. he was a general

where are we with yahoo!? >> yahoo!y coming under pressure here as we're seeing t tech heavy nasdaq down 1%. i was reading monster, that's what i was doing. you got me. i've got to prepare for the next thing, you're supposed to do yahoo!. stuart: monster, that was down big yesterday. let's catch up here. >> right. stuart: lost more than a billion dollars in market value and they're going to investigate the company and energy drink related to some lawsuit. >> that's the key for monster beverage. of course they say they're not seeing any direct correlation to the five deaths, but you have the u.s. probing now, investigators looking into the deaths of these folks. one of the deaths is actually a 13-year-old. so, this is something that they're going to look into, obviously, further. and remember, that we talked about monster being maybe a takeover target for coca-cola, a time that the stock spiked, but we're not seeing that right now. >> no, we're not. thank you. dow down 158. this is a good time to bring in dr. mark siegel

the 3rd quarter itself probably not all that great for yahoo. frankly most analysts not focused on that. instead, they want to know what meyer has to say about her vision for yahoo. the company's been struggling for years. what is she going to do that others haven't been able to do in turning yahoo around? obviously there are pressures on global advertising when it comes to the internet. we saw that with google last week so more pressure for yahoo there. as far as apple is concerned they are expected to unveil the ipad mini at an event tomorrow. a lot of anticipation on that. somewhere between 299 and $349 probably. wall street coming off an absolute beatdown on friday off earnings worries. dow down more than 200. market off to a mixed start this morning. dow giving up 33. nasdaq up 4. s&p right now down 2. apple rebounding after a very rough week. its shares are up 2% ahead of the mini event. back to you. >> thank you. , jason brooks with kcbs and cbsmoneywatch.com thank you. >>> time now for a look at what's coming up later on "cbs this mornin

the city was taking at yahoo!, the yahoo! halloween party for kids. he was born on september 30th. mayer took a brief maternity leave. yes, she's already back at work. that little guy is knocked out. >> a little hot pepper. >> a handsome young man. here's another one i like to call red. anthony is in for christina this morning. >> i was thinking with that story, you know, yahoo! they have that really big competition here. what about google for google? we are looking at temperatures that are cool. uniform across the board. 61, our warm spot this morning in oakland. of course, if you're making plans for the parade, we'll keep you posted. here's your latest forecast. temperatures by 11:00 will be 58 degrees. warming to 62 by 1:00. on shore flow will kick in and we'll see more drizzle in the forecast. by 11:00, you'll notice those showers pulling into the north bay. by 3:00, we'll still be looking at isolated showers. look what happens towards rush hour. the front starts to push in. we're talking about widespread rain this evening. you may want to throw the umbrella in the car just to

marissa mayer, yahoo!' the cover of a magazine but choosing not to pose while pregnant. nbc's ann thompson has more on this. >> reporter: when you become the leader of a high-profile company like yahoo! criticism comes with the territory, but when you add being the first pregnant woman to be named ceo of a fortune 500 company, you'll understand why every move marissa mayer makes reverberates with more than just yahoo!'s shareholders. >>> it is a great photo. marissa mayer on the cover of the most recent issue of "for tune" magazine looking professional, elegant and trim, and to some moms on the internet that's the problem because mayer just gave birth to her first child this week. >> of course, pregnancy doesn't define her, but it is so much a part of her story, and it's so much -- it's a big part of the reason why we look up to her, and i was surprised that they didn't show her, you know, pregnant and in a power suit. >> reporter: a "fortune" spokesperson confirms the magazine wanted to shoot mayer for the

>> i think you can be a buyer here in yahoo. i think the down side is certainly limited, and marisa meyer laid out a plan to have strategic acquisitions, maybe smaller companies, and really try to build up that search. if you believe she has the ability to do that, which the market is telling you she does, yeah, you could be a buyer of yahoo here. >> amongst the bellwethers reporting today, u.p.s. reports a throw in q3 profits. the stock, though, trading higher on increased domestic volume. does that surprise you, guy? >> i think it's trading higher because they didn't lower full year guidance. they narrowed full year guidance. revenue miss on this one. it's a relief rally, but i think you can trade it against yesterday's low, which by give or take was $71. it fell 71 a few times over the last couple of months. i think you trade it on the long side there. >> whirlpool a long time coming, getting a big pop today after easily beating earnings estimates and raising its full year guidance. >> and this is a stock that's been relative

he is not at yahoo!, right. he is editor-in-chief of patch.com, a division of aol that provides news to specific communities. very local. after him, we have the managing director for local news at yahoo.com, guiding the company's local coverage nationwide. last but not least is the senator who represents san francisco and san mateo counties, and he is the recipient of spj's freedom of information award in 2010. that is our panel. back to you, rose. >> before we start, i want to get a sense of who we have in the audience. how many of you currently work in the media? lots. how many of you used to work in the media? how many of you want to work in the media? ok, good. that will give us a sense of who we are talking with. great. every friday, we have a media roundtable and invite international, alternative, and mainstream journalists to talk about coverage of the week's news. we believe it is important to highlight good journalism because so much of it gets passed over. we think it is also important to start off on

sheout lined a clear vision for yahoo! and the key you have a new leader that is somebody that is a product person and i think the key is a lot of investors and analysts look at the core use hugh business, but really that's a small my newt part of the value here. so you're talking about nine bucks a share in ali baba and six bucks a share in cash. so that leaves between a buck and a buck 50 for core yahoo!. so you're getting such a free option on that business. i don't think it's a high hurdle. >> a lot of people are talking about different acquisition opportunities for her. is there stuff they can build organically somehow do you you look at this? >> i would say three or four things. really she talked about mobile and mobile will be a challenge, but they do have brands that work. i think there's cost cuts to be had, the new cfo alluded to that. i don't think they'll go nuts on m&a. i think it will be small tuck in acquisitions. she it actuactually outlined a gave people a limit on those acquisitions. as far as deployment

yahoo!'s new ceo is on leave this morning. >>> plus new worries about worldwide disposable diaper shortage. >>> 4:45 right now. yahoo!'s ceo taking a little time off as she should to bond with her brand new baby. marissa mayer giving birth to a baby boy sunday night. both mom and baby are doing just fine, thank you very much. so far no name announced, but there are rumors she's been e-mailing her friends and family looking for a few suggestions. mayer took over yahoo! back in july and she says right now she'll take a few weeks off, working maternity leave. >> it is work out there for all you early morning risers. 4:45. >>> parents are being warned about the possibility of a worldwide diaper shortage. it all stems from a weekend explosion at a japanese chemical plant. the plant is actually the world's largest producer of acrylic acid and acrylic acid is the main ingredient in superan sore ent polymers which is the key in making those. the plant supplies the makers of huggies and pampers. plant

this new ceo, she's got what yahoo -- needs a strategy. never lost the core viewing audience, but if you can get that thing on mobile, you get social going, that stock sees $20, i want you to own yahoo, don't trade it. ellie in california. >> caller: boo-yah, jim, how's it going? >> real fine. how about you? >> caller: good. thank you. i have a question in regards to the symbol cymi. the other company just acquired them last week and has gone up 60% since then and i feel like it's overbought. and i wanted to see what is your intake on that? >> i think you should ring the register. why? we're not arbitrageurs on the show, people, the long-suffering shareholders of cymer have won. don't overstay your welcome. ring the register. take the money, go buy a sweater. >>> is it finally time to like facebook? well, we learned that it's finally working the mobile scene. today's move makes sense. and fortune is now shining on facebook. don't move. the "lightning round" is next. >>> i want to give you a black knight combat boo-yah to ya. >> big navy bo

and in terms of all critical decision-making process at yahoo. news of the birth of her first child was announced via twitter by her husband zachary. both mom and baby are doing great, and they couldn't be more excited. >> congratulations to them. >>> it was a scorcher outside. how long it is going to last? let's check in with chief meteorologist jeff ranieri. >> oh, yes, numbers in the upper 90s, also some low 100s. if you are just tuning in and happened to miss the temperatures, this is highly rare for october. not only hot inland, but also back into the coastline, some of the hottest weather in the extreme interior valleys. 100 in livermore. we did get close to a record-setting temperature here in livermore. but we definitely did not surpass our hottest summer day we had, reaching 105 dress on august 11. just two degrees shy here of setting a new record. otherwise what we're finding is all of the hot air is trapped for those of you back in the east bay. record or not, it is sweltering out here. pretty hard to deal with today. 98 in pleasanton.

yahoo said the team will work with new mobile development center as yahoo ak celebrates efforts to build a mobile team. there you go. they tweeted about that by the way. in san francisco, larry, carolyn, back to you guys.. >> thank you. >> all that drizzle we had remaining here today is now cleared out. >> yes. >> interesting how drizzle held off until after the game. >> it was perfect. >> now, it's gone again. >> it's gone. >> here is a live view of clear skies from our east bay camera. you can see clouds gliding through the sky. blue sky which is evident. we expect to remain that way for a while. it's mild at the moment. temperatures 64 degrees now in san francisco and redwood city. 66 in oakland and antioch. 70 up north in napa. mildest weather now in the north bay. these are the forecast features, will be turning cooler overnight tonight. sunny skies and milder tomorrow. and a nice warmer pattern settling in for the weekend. tonight chilly in the north bay valleys. lows dropping to 41 in napa. will be cool everywhere else as well. lows into 40s. satellite radar tells the story of wha

google; yahoo; bing.search engines are a part of modern ddring the vice presidential debaae were: "biden, "who s winninn thhedebate?" - it's a window into the minds &pof millions of web users.but you type "completely wrong" en into a google imaae sserch, you get a whole lot of pictures of mitt romnny.google says the gallery of photos wass unintentional.its algorithms simply icked up on news description f his "47 n - similar trend on bing and - yahoo -- but o a lesser degree.for a search engine.... phey reaaly eey on the words understand what it's about. if you put a picture of mitt romney beside worrs hat say "completely wronn" then they say, i guees this is relevant forr"completely wronn."still, sometimes it's intentional. these are callee "googll bombs".innthe mid-2000s, pranksters created links that caused a google search for the put president george w bush at the top of the results page. google later tweaked its analytics to limit the prrctice.. intentional or not,, "debate fail" brings up images of president obaaa; but also of people like romney, governor rick perry and one-time pre

not sure if that's what yahoo! wants to do -- >> what if your friends have absolutely terrible taste in everything? >> are you saying something about your friends? >> just throwing it out there. >> if he has any friends. >> i just avoid the ones that are stamped. then i'll know. >> you need to join pinterest and join mandy's friends. >>> now if you live in a swing state, you cannot miss the endless campaign ads that seem to be on repeat. those ads cost money. in fact, quite a lot of money. we're going to tell you how much every second of those ads cost the presidential campaigns. >>> and then, they're mad as hell and they're not going to take it anymore. america's ceos firing off a letter to washington -- fix the debt now, they say. we're going to talk with two of those ceos next. >>> everybody knows there is a debt concern. but how much of the concern is the debate. why did a bunch of ceos from wall street put their name on an open letter calling for action on debt and the deficit? let's bring in two who put their

. >>> yahoo -- lack of evidence. >>> yahoo ceo delivered a baby boy last night.kesperson confirms mom and baby are healthy and excited. the 37-year-old took the helm in july after leaving google. she has said she would work remotely after giving birth and return to her office as soon as possible. a spokesperson says possibly in one or two weeks. >> wow. >> yeah. >>> big announcement about next year's oscars. >> the funny man just selected to host the academy awards. with . >>> katie does her show from her new york city apartment. then at 4:00, rumors, revenge and a murder plot. the phone conversations police say prove a social studies teacher tried to hire a hit man to kill a fellow teacher. then at 5 shortage of a key inagreedient in diapers could cost parents more. >>> finally, a surprise, family guy creator seth mcfarland will host the 2013 oscars ceremony in los angeles. >> this will be the first time he's hosted. >> he made his directorial debut this year with ted which took in 420 million dollars at the box office. he also hosted the season opener of "satur

. >>> well, it is a boy for yahoo ceo marissa mayer. they welcomed the new baby just last night.hey are both doing just fine. mayer became the new ceo of yahoo in july when she was six months pregnant. >> the mind and spirit and the soul. >> there we go. >> beautiful. >>> well, here is a skate boarder. where she pictures. stay right there. >> and a reminder. if off consumer problem or question, call our hotline at 885-help. volunteers are there to help right now. ,, lots of prepaid cards come pre-filled with problems. enough is enough. introducing chase liquid. the reloadable card with no-fee reloads and withdrawals at chase atms. and no headaches, hassles or confusion. all for one flat monthly fee. get rid of prepaid problems. . >>> all right, that is right! time to save in the market on fresh and healthy ingredients. today we are talking beautiful juice oranges. these are beautiful and healthy. and broccoli. you can find broccoli on local specials this time of year for roughly $12.29 a bunch. that is a great deal. when you -- $1.29 a bunch. when you bring them home, take them o

the worst of it from yahoo city. still waiting to get the pictures out of the area. of course, it's dark there. as the sun comes up we'll see how bad it was. three homes significantly damaged. no reports yet. in all, severe weather reports about 74. i notice a lot of wind reports near st. louis. the severe storms did have affects on the baseball games, both in detroit and st. louis. that line of storms is now pushing through into the southeast. very windy conditions behin it. there was damaging winds through the dakotas yesterday too. now the big, huge storm is going to sit here and spin. it's a very slow-moving storm. the cold front itself is moving pretty rapidly. the storm did that the worst of the damage was up here by yahoo city south of meridian. now it's north of jacksonville, mississippi. it's not as strong and severe as it was. a lot of lightening with that storm too. for today we are going to see the storms passing into the southeast. atlanta, charlotte, rain likely in the ohio valley. back here through the great lake. numerous areas of rain, cloudy, cool,

yahoo! has a terrible name in terms of brand name and advertisers, but yahoo! mail is one of the most valuable advertising spots on the internet because people leave it open all day and facebook is just -- it's really -- and i don't mean it negatively -- yahoo! 2.0 meaning you can leave it up all day. and if you show people a product you've been looking at all day, it's getting to people. it's close to what google does. it's not there, but it's better. >> thanks so much. nick carlson. you just made a case for why you should own this stock, yet you don't own it. >> i don't own it yet. >> how are you making a case for it? >> you're right. i slould bought it and come on tomorrow. i want to own it here. we've been trading it through the weeklies. it's been working really well. there is a downside risk. >> i'm keeping you honest, brother. >> i'm honest. >> as we check to breaks stocks holding onful we're in the midst for pretty good moves. s&p 500, 1465 would be the highest level in some 4 1/2 years and still ahead we take the debate on gold versus silver. which is

they are driving down individual names in search, yahoo! yelp, there's the chinese search engine baidu. all of them down anywhere from 1/2% to 3 1/2%. this was at 12:30 p.m. eastern on the dot when google's earnings release hit the tape and that did shock markets and investors, aside from the fact that they had missed estimates, it is what's going on here, why did this happen? let's get right to the floor show. traders at the new york stock exchange who were trading at that moment are joining us along with cme group, nymex traders. christopher, tell me exactly what you were doing when this hit the tape and what was the reaction? what did you think? >> i was keeping an eye on that as well. google certainly an impact right now, but down here, you don't really see it too bad. i mean it is down 29 points and it's flat all day. liz: right, let me interrupt you. what i asked was what was it like when it hit the tape? were you there? >> it was an emotional drop right here. i mean significant news to say the least was reported out of sequence, out

. >>> yahoo -- lack of evidence. >>> yahoo ceo delivered a baby boy last night.erson confirms mom and baby are healthy and excited. the 37-year-old took the helm in july after leaving google. she has said she would work remotely after giving birth and return to her office as soon as possible. a spokesperson says possibly in one or two weeks. >> wow. >> yeah. >>> big announcement about next year's oscars. >> the funny man just selected to host the academy awards. with @ [ female announcer ] now get high speed internet at home on our newly expanded advanced digital network, a connection you can count on. introducing at&t u-verse high speed internet with more speed options, reliability and wi-fi hot spots than ever. call at&t now to get u-verse high speed internet for as little as $14.95 a month for 12 months with a one-year price guarantee. it's the fastest internet for the price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private wi-fi hot spot that connects your w

. >>> investors will be paying attention to yahoo stock when the market opens.the company reported encouraging third quarter earnings after the closing bell yesterday. yahoo says net revenue up slightly first earnings report since ceo meyer took the helm over the summer. >>> who americans believe won the third and final debate between president obama and mitt romney. >>> critics compare them to a actual strip search change coming to some airports th >>> welcome back. we continue to get drier especially in the heart of the bay into the north bay gilroy we still have showers this is going to move out of gilroy and head towards hollister in about 10 minutes, clipping eastern part as it moves into the central valley. more showers in the forecast, a few minutes away. >>> president obama and mitt romney will be back on the campaign trail today after squaring off in their third and final debate the two sat down with cbs anchor bob schieffer last night in boca raton, florida foreign policy dominated the conversation. mitt romney frequently turned toward the economy. sta