>> kara swisher out west.hank you. >>> blackberry shares up 11% after the company reported earnings. john chen will join us after the break. and the force was with disney last night. thousands stayed up late to watch the latest installment of "star wars." we'll get the latest numbers from disney's back with regard and the impact on some theater stocks. also coming up, the swatch group entering the smartphone business. as we go to break, take a look at the dow. again, the worst two days in a row since the beginning of september. we're back in a moment. being a keen observer of the world has gotten you far, but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. >>> welcome back on "squawk alley."

kara swisher, happy friday. thanks for joining us.ertainly a lot of things to consider in that mix. >> up next, stocks rallying after the u.s. added 211,000 jobs in the month of november. dow currently up 1.5%. rick santelli, you must be watching this action and what it all means for the fed. right? >> well, absolutely. or what the fed means to the markets or what mario draghi means to the fed. or what the wreeld curve with so much negative trading going on means to the rest of the world with regard to euros? i have the man here with the shovel. we're going to dig down after the break with ira harris. >>> hello. i'm sue herrera. breaking news on opec. as you might know, the oil market has been under pressure all morning, and the opec ministers have just left the room. they haven't made a comment. generally speaking, here's what they are going to do. they are going to leave wrout put unchanged. oil production will be unchanged. they are going to closely monitor the market and see how that works and in addition to that, the next opec me

kara swisher has the details. a. >> hey, how are you doing. >> so what is the latest. >> oh, sorry, i thought you were going to ask me a question. i just reported, there is swirl about when they would decide on the issue and i thought by the end of the weekend they will have a decision on the spin. and it is not clear they will halt it. and there is articles and continue to be articles about her tenure and whether she will stay. and from what i could tell and i have good sources, they are supporting her. >> and so they are meeting through the weekend and wrapping up by friday. >> not exactly. they didn't meet for today for example. they had sub-meetings. today. there is reportings not very good. they had 48 hours of meetings on wednesday and thursday and they are discussing legal implications and they have a deadline to tell bondholders by december 9th. so they do have to come up with a decision or continue to do what they were doing before. which is to spin this alibaba segment off. >> kara, so if they continue do

according to kara swisher, not considering a change in leadership at this time.he says if marissa myer leaves, it will happen on her terms. what do you think? >> i thought star word is right. it will be tied up for years. where would you do this? maybe consider selling the core business. yahoo either needs to say to all the activists swirling around, shut up, we're not selling anything, back off, good-bye, or get something done quickly and get past it because it's just so distracting. >> what's hard about this for me, though, is how do you know how much yahoo is worth? they're going to be numbers all over the map probably. people are likely to use the aol sale to verizon as a benchmark, but right now with the asian assets in there, depending on what the tax treatment of those is, even arriving at any kind of value for yahoo will be hard. >> you know, it's worth something. people talk, oh, the business is so challenged. it is challenged. it is still generating almost a billion dollars of cash per year. it's worth something, and the argument is the market is not va

kara swisher will tell us what's going on, and we'll continue to watch this decline in the markets.&p down to 2,026, and the dow still down 200 points. we're back in just a minute. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. get up to 48 monthsw interest-free financing on tempur-pedic, save $300 on beautyrest and posturepedic, or choose $300 in free gifts with stearns & foster. the triple choice sale ends soon at sleep train. >> the marketed is in in trouble, but we have tech news to get to as well. swrak ma is one of the big stories. alibaba buying the south china morning post. the "new york times" today says trying to polish china's image for a western audience. what do you make of this? >> well, i think they think the coverage of china has been kind of

this morning, and kara swisher is next with news on that, too, and still to come, barry bonds makingck, and later with stockpiles of oil at our near full levels, petroleum companies look for places to store oil and how salt caverns are now storage tanks. wti at forty-one. back in a moment. >>> welcome back, speculation going on about the company's board meeting this morning, and shares at this hour up close to four percent after a wall street journal report today talks about how they might want to sell the core company, but we are joined on the squawk news line with another take on what's going on. i think. kara, good morning to you. >> caller: yeah, hey, how are you doing? >> what's really happening here? >> caller: well, i think here's a board faced with a lot of pressure from the ceo. we started off the stories about how badly she's doing, and so there's a lot of pressure from wall street and others, especially after the spinoff of alibaba, gone not as well as they thought it would be because they don't have the tax from regulators. here's a board meeting about to happen. they hav