bob peck will weigh in. when you do business everywhere, the challenges of keeping everyone working together can quickly become the only thing you think about. that's where at&t can help. at&t has the tools and the network you need, to make working as one easier than ever. virtually anywhere. leaving you free to focus on what matters most. some of these experimentse're notmay not work.il. but a few might shape the future. like turning algae into biofuel... ...new technology for capturing co2 emissions... ...and cars twice as efficient as the average car today. ideas exxonmobil scientists are working on to make energy go further... ...no matter how many tries it takes. energy lives here. >>> welcome back to "fast money" jetblue down 2% in after-hours trade. the airline expects flight shares as measured against capacity to fall in the fourth quarter from a year ago, partly due to better weather and operations that have led to fewer cancellations and higher capacity. the company added that the timing of year-en

bob peck, the analyst with sun trust. b, it's good to have you back. >> thanks for having me. >> the board is considering a spin or a sale of the core assets or maybe other things. what's most likely to happen? >> a couple of these. we think when yahoo did not receive its public ruling from the irs that that would be tax-free, but that was a material adverse change. the board right now is doing what it should do prudently looking at all the other options that maybe more tax-risk averse. with that you have a spin of the core and absolute sale of the core. you have a sale of the asset. you could even do a cash rich tax free spin with alibaba. there's a bunch of alternative there's, and we think they'll ultimately look to maximize their sharing responsibility. >> taking it a step further. tell me what you think is likely. >> probably most likely, most simple and we point in our note today, you could just flat out sell the core, which we think could generate $6 billion to $8 billion on that asset. maybe more depending on the p

analysts bob peck on what moves the company could be planning and when.t's more pain ahead for crude or is a comeback in the cards? we ask citi's head of commodities ed morris. john, we'll see you in about 15. >> all right. sounds good, scott. microsoft is holding its annual shareholder meeting today. this will be the second shareholder meeting as ceo. investors have reason to be happy with him this year. shares of microsoft are up about 20% so far in 2015. microsoft is looking to add two of the board. pat, former exec from cisco and motorola. maria, harvey mud is leaving the board, but for those keeping score at home, this will position microsoft with three women on its 11-member board. an african-american chairman and an indian-american ceo. not necessarily something you think about when you are looking at the stock chart. it's up 20%. they're charging ahead in cloud. very interesting way that the leadership of this company is changing its complexion. not just talking about diversity, but actually making those changes. >> thinking about this upgrade the

. >> have you told bob peck to knock it off already? he is the one that put you out there. not us. not the wreed. it's an analyst, well respected one, on wall street who keeps saying that levinsohn should be considered as one of the guys. >> again, distraction for the team. i hate to see the most fun i used to have. i walk into the cafeteria that they call earl's. just sit down and talk to people. you know, you forget that these are lives that are being sort of cast around day in and day out by all this noise. the reality is it's still a $4 billion top line business, and there's a lot of value there in my mind. >> let's talk about how to achieve or realize more value. starboard, the activist who's are in there and are urging the company to do something, says clearly the best outcome for shareholders, this is from today, would be for yahoo's board to immediately abandon the spin of alibaba and commence a competitive process to sell its valuable core business at the highest price possible. is that the right move? >> look, if you are a ceo of a company or on the board of a company, wh

we'll talk about what bob peck thinks about a sale in the first six months of next year. a lot more "squawk on the street" from post 9 in a minute. >>> walmart is moving into the mobile payment world. the world's largest retailer announcing the launch of walmart pay available on the walmart mobile app to make shopping faster and easier. they will start rolling it out in select stores. nationwide launch dubee the first half of 2016. retail giant says 22 million customers actively use the app each month thinking back to we had doug mcmillon on the show in february. we asked him, are you going to commit to apple pay? we wouldn't commit and now we know why. >> they are probably going to go to an open system. doug is really trying to do everything he can to get the company much more millennial, so to speak. howard schultz has his system, which has been very successful, the best in terms of the way it works. in the end, you are all going to find that this is k--everybody h has to do it. starbucks has the most important and valuable app. you need an ecosystem. it is good move by