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Yahoo Names Marissa Mayer as New CEO

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    FBN’s Robert Gray on Yahoo naming Google executive Marissa Mayer as the company’s new CEO.

  • Duration 0:52
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I'm Robert Gray when your thoughts business -- Yahoo! shares are higher after hours as the struggling search engine names Google exact Marissa Mayer -- its new president and CEO.

-- will replace general and chief executive Ross Levinson effective tomorrow.

But -- -- was among the contenders for that position.

A weaker than expected report on retail sales of stocks lower today at the closing bell the Dow is down fifty points.

And the disappointing sales report did not hurt target very much as a retailer touched a five year high during today's session.

Retailers trying to get a bullseye with consumers as it prepares to expand its summer online exclusive bonus Black Friday to.

Two full days of sales target will also be holding its first ever cyber week sales trying to try and -- sales that's starting on July 22.

That is -- -- in the Fox Business Network giving use of power to prosper.