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Yahoo Narrows Search for New CEO

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  • Description

    FBN’s Diane Macedo with a morning futures update and news that Yahoo has narrowed its search down to two top candidates for its new CEO position.

  • Duration 1:39
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Good morning everyone let's take a look at markets and head of this morning jobs report over in Europe.

Moves by the ECB and the Bank of England aren't doing much to boost investor optimism stocks there are still down across the board.

Monday and down.

By about five points Paris is down by almost fourteen and Frankfurt's down by 28 here in the US futures have been fairly flat but also to the downside this morning Dow futures.

Are down by 21 -- -- down by three in the nasdaq's down by five.

Yahoo! has reportedly narrow the search for its -- chief executive.

Down to two candidates sources say interim CEO Ross Levinson and -- CEO Jason Kyle -- Yahoo! is gone through -- CEOs in as many years most recently Scott Thompson resigned amid a controversy over false information in his bio.

The Internet company has been struggling since it turned down Microsoft's 44 billion dollar takeover offer in 2008.

Comcast is selling NBC universal's 15% stake in eighty television networks for two point eight billion dollars.

The New York Post reports that 40% more than what eighty television was worth.

It.

Eighty television is home to lifetime and a History Channel which hasn't hit on its hands with Hatfield and mccoys.

Disney ABC and Hearst which each own a 42% stake are buying Comcast -- and splitting it equally.

Here's a look at commodities that oil and -- like the markets have been to the downside all morning boils down by about a dollar fifty gold down by seventeen backs.

Imus in the morning continues right now on Fox Business.