within yahoo!at is the strategy for growing the business now you are within this bigger company? david: we have a novel ad platform. it's all about wide-open creative expression. it's trying to get the most creative parts of the ad industry, to give them a space, a digital space where they can tell those same stories. where they can inspire us to become customers of these rands. beamer or rive the drink the coke. yahoo! is building more and more content on top of tumblr. there are digital magazines you have heard of, yahoo! food, yahoo! tech and travel, those are built on tumblr. we launched the ability to take that advertising were developing for the tumblr network, where you come to get the reach demographics and engagement of the tumblr network. you take that same content and roll it out to the full reach of the yahoo! network. emily: i want to ask you about the "competition." i know there is not necessarily direct publication. what do you think of what they are doing? david: they have done a lo

yahoo! turned a profit of $20 million. while yahoo!'overall revenue is declining, the company says revenue from emerging businesses like mobile, video ads and tumblr, marissa mayer touted the microblogging services growth. marissa: tumblr continues to drive incredible growth. we continue to be aggressive with that platform. today, more than 350 of the world top brands not only blog on tumblr, but advertise and spend on the platform. most notably, we launched our creators network in q1 which lets brands find incredible tumblr artists and bloggers to commission unique content. we saw immediate traction with more than 35 rand spending on creators to date. emily: she has been making major acquisitions in this area. it's a key part of her strategy to get the company moving again in this post alibaba era. joining me in the studio is bryan womack, who covers yahoo! and paul sweeney of bloomberg intelligence. she is telling investors to be patient. how patient should they be? guest: you do have something interesting going on, it's just more of

so let's start with yahoo.at shares of yahoo after the company reported quarterly profit and revenue that came in below estimates. that stock down by 1.25% in early trading that includes display and search ad revenue which fell for the first time in years. kth announcing it has hired advisers to consider options for its stake in yahoo japan. marissa mayer, ceo of yahoo made sure to talk about the potential for value in yahoo japan right off the bat, because she knew that's what investors were looking for. what's your take-aways? >> i understand her approach of wanting to go after search. i think it makes sense. google, the search algorithm hasn't changed in a long time. i think it is losing to facebook a little bit here and there. people have figured out how to dpam the system. is makes sense for marissa to go after that but at the same time we don't actually know what yahoo is doing as a company. as a whole. i don't think marissa has ever actually explained that to people. you can sell all of these different p

he sold it to yahoo! before he was 30. it is now one of the most creative and social blogging platforms, all from a guy who dropped out of high school. lives in a loft and drives they eightsed the -- guys vespatumblr founder and ceo david karp. thank you for joining us. thank you for having this on the schedule. >> i do have a schedule now. >> now you are part of yahoo!, you have meetings. >> this has turned into a major team of 300 people. a major business we launched 1.5 years ago. >> tell me about you, where you grew up. >> i was born and raised in new york city. my mom was a teacher. my dad was a composer. i found myself surrounded by all of this creative technology growing up. in my dad's recording studio. in my mom's work in the recording industry. i remember spending those nights and weekends in the recording studio. it felt like the starship enterprise. >> when did you learn how to code? >> i learned markup languages and i was 11 years old. when i was 13 or 14 i started -- justproficient in enough to do a little da

starboard. >> right. >> yahoo! is number of times over the past years it's been the opportunity to buy stock. this could be the quarter with analysts coming in now. might be your opportunity. i don't think it's going to get down to 42.50. but i think it has held that level a number of times. i think it's a haul there again. >> all right. check out -- this is a live shot of the webcast by the way. the ceo is speaking right now. let's bring in analyst aaron kessler on the fast line. aaron, does anything change in your belief in this company based on this quarter? >> not too much. the quarter is disappointing. display was down 7%. mobile revenues were up strongly year over year. the core business in our view remains challenged. but there is still an opportunity with alibaba. >> what is your sum of the parts analysis? what is the baba part of the business and maybe the core business plus japan? >> well i would say current levels here you've got yahoo! at zero before we had roughly given $5 per share. effectively you're

yahoo!, yum, and chipotle. plus, bill gross himself joins me to talk about what he considers the short of a lifetime and mario draghi's line in the sand. "street smart" starts right now. here are the top stories we're watching ahead of the closing bell. goldman sachs is buying over $20 million stake in a company that provides high-frequency trading from the networks they need to do business. firms that did the fastest available technology because many of their trading strategies rely on speed, and perseus is among the handful of companies that trend data -- transmit data between exchanges using microwave towers. teva pharmaceuticals making an unsolicited bid to buy mylan, which says it wants to stay independent and that a combination with have a -- with teva would face antitrust hurdles. it could create a powerhouse with more than $27 billion in revenue. and google is revamping its search service. the company boosting the ranking of mobile-friendly pages and analyzing what websites are suite

yahoo.t building blocks in place, they went from about 50 mobile developers to 500. they made some smart acquisitions such as flurry, which does mobile analytics and bright role which does video advertising. they've not done, roll out a transformative app. when you look at how google got big, they did the search engine, they did g mail. they did google maps these were transformative. not just for google, but for the industry. yahoo's apps are nice but not going to be big businesses by themselves. if yahoo is going to go to the next level, they have to do something transformative and something that consumers want. >> turn-arounds take time and marissa mayer has laid the ground for that wall street extends to be impatient. but they haven't had with like what apple did with the imac and the i-book. a transformative product with that changes the area where they play. do you have a sense we're going to see that in the next year, year and a half from yahoo? >> when i talk to marissa mayer, she che

alibaba is $32 of yahoo's stocks. we know yahoo japan is 8, that's 40 and net cash is 6.the core stub is trading inverted valuation, trading at negative value. there's a lot of emphasis on the fact that search is down modestly or display revenue right now is down modestly. i thought the ebita guidance was fine, in line with estimates. but this is still a company that's generating at the stub, over $1 billion of ebita. this is not a negative valuation here. even if we only ascribe a four or five times multiple, you're still getting a seven or seven or $8 a share for coria. they're not lighting the world on fire, but i think marissa has been dealt a tough hand and she's doing the best that she can. she is being a good steward. company in terms of all the things that create value. the spin of baba. they talked about hiring advisers on yahoo japan. doing the buy-back, doing the cost cuts. wall street, i hear it in some of the conversations here, always wants things that are going to boost the stock in the short-term. want things that are going to basically provide them a near

private search is where yahoo! knows about you because you're a yahoo!ts apps. it can give you an assist and the through the day. i'll be nailing that down and publishing a story about that. >> i love the way you framed that public versus private search. very telling. let's wrap this up withium brands -- yum brands quarterly result. >> we heard that a lot, earnings per share adjusted coming in at 80 cents. the street was expecting 72. quite a nice beat there. the revenues were at 2.62 billion. the street was expecting 2.64 billion. really the story here china not as bad as expected. same-store sales were down 12%. you know they've still been recovering from supplier issues and concerns. that turnaround is apparently happening better than expected. taco bell is their number one brand here in the u.s. and same-store sales there again beat expectations. up 6%. a will the of that due to breakfast. we've talked a lot about breakfast. what greg creigh the ceo is saying, they will deliver at least 10% with a strong second half in china, division restaurant marg

one person cannot change yahoo. yahoo is about the 12,000, 15,000 employees that are there, the senior management much you've got to have a strong senior management team around you. and the stock growth based on most reports is really keyed to alibaba. so i'm looking forward to yahoo being a stand-alone business, because you could, i think it's a great undervalued asset. if you do the right things. so i'm excited to see what happens with the stock. i, think it's a company with a billion users, four and a half billion revenue. a billion potentially $1 billion of profit. that's a great asset to go run. and the people there are terrific. >> i'm sure, you are still obviously somewhat critical about where the business is relative to where it was and i guess what she's done in the last three years, or in some respects hasn't done. and i'm sure you expect that i'm going to ask you a question that there are bound to be those out there who hear all this and say, well of course levinson doesn't think that marissa mayer has do

how about the more problematic turns, yahoo! and ibm. yahoo! had a big headline miss and terrible advertising numbers. stock was getting crushed until the ceo revealed she was going to find a way to monetize yahoo! japan in order to return more capital to shareholders. when you consider the montie montieizationmontie monitization you have a company at less than 0 after that. you may hate yahoo!'s progress and think the term which includes transferring most of its business to mobile can't succeed but remember the company has a terrific balance sheet and can make money on its own away from alibaba or yahoo! japan. how can that company stay independent with all of those paid views? no way i say which is why yahoo! is a buy here. for those that want to know who is doing well in the online space, look no further than facebook who reported a terrific quarter tonight although selling down because of a jump in expenses and currency head winds. the expenses is the price you pay when you have more opportunities than a yahoo! or any other company has. her

maybe a beat with yahoo!. >> action in last half hour is wild. yahoo!cents, pull back. it been quite volatile. chipolte had a pop near the end. david: talk about poultry producers. we were just talking about bird flu here. i imagine they're not doing too well today. >> no one wants to hear bird flu. killing chickens, it is awful. tyson, they're all under pressure. [closing bell ringing] liz: here comes the bells ringing as oil moves into after-market session after the coalition airstrikes will cease for now. although former u.n. ambassador john bolton on fox business says don't expect this to last more than 24 hours. look how stocks finished up. dow jones falling today, couldn't make a go of it down 81 points. off the lows of the session. nasdaq saw the gains. although russell 2000 in the last minute, david, can't quite make it in the moment. david: one out of four ain't so good. we have it all covered. "after the bell" starts right now. liz: let's get right to today's market action to see if we can make you money today for tomorrow. we have jordan kimm

coming up, yahoo!ghs in on its japanese division after revenue misses estimates. ♪ mark: top story on bloomberg this hour -- another disappointing quarter for yahoo! , reporting a 4% drop in sales after tuesday. marissa mayer is telling investors that the forecast for the current period wouldn't be much better, but she did announce plans to maximize the value in the stake in yahoo! japan. israeli pharmaceutical teva has launched a bid for mylan. mylan is resisting the move claiming it wants to stay independent and warning any such deal would be subject to antitrust. a merger between the two would create a giant in the world of generic drugs. the actions of the russian central bank has averted a crisis in russia, and the country should return to growth next year according to the chief executive. here's what he had to say. >> for the moment, both oil prices and ruble rate are on the rise, and it makes the situation much better. frankly speaking, i am the one who is saying that we don't have any crisis in

yahoo! says it hired advisors to look into selling it's yahoo! japan holdings adding it would provide more details on future earnings calls. they also reported results missing wall street expectations. our own josh lipton filed this report. >> yahoo! ceo marissa meyer says her country is in the middle of a transformation. as the latest earnings results prove it can be a bumpy ride. yahoo! reported first quarter eps of 15 cents on revenue of $1.04 billion. wall street wanted to see 18 cents on $1.06 billion. so that was a disappointing miss on both the bottom and the top. drilling into the earnings release, yahoo! said search revenue was $432 million. a drop of 3%. analysts predicted revenue of 443 million. some financial analysts think the renewed search deal with microsoft could help search growth in the second half of the year. >> switching gears, display revenue was 381 million. a drop of 7%. that was in line with what analysts had forecast. trying to offset declines in desktop display by pushing harder into new areas such as mobile. yahoo! sa

yahoo japan another significant asset about the accompany. yahoo japan is controlled by soft bank. as for the quarter itself i had a chance to talk to a couple of investor investors. maybe not quiet as bad as it looked at first. the operating expense keeps coming down. they've been under pressure from activist shareholder jeff smith, for example. they cut 1,100 jobs during the quarter. i know guys who are following, there are ways to follow people losing their jobs. it sounds you can look for whose looking, all the different online postings that go on and there are people closely following this because that's a big number. the operating expense coming down. >> in many places. this accompany was really poorly run and i think it's layer after layer that they have to peel. david, i think that this accompany is in the same race as a lot of others. they call it in ibm they can call it something. mobile video social you need that. obviously, this is growth. this is similar to that part of the strategic world. you've got to be in those areas. you can't be desktop. >> of course you need to

yahoo!? >> yes. pull down alibaba getting profitability. >> yahoo! is no. it could trade stronger.t's alibaba's back. >> no to yahoo!. something is wrong with this name. >> no it's not an earnings story. no. >> time for the final trade. >> i think turkey is an outcast that actually starts to rally more in emerging markets. >> twitter. i've been long. still long. they will surprise when earnings come out at the end of the month. twitter. >> so you stay short tlt. tlt even though it had 1% up today especially if oil goes higher. you want to be short. >> bad day on the market. couple months ago i said my friend john highland was diagnosed with cancer, bone marrow transplant. he went got his transplant. been in the hospital for 2 1/2 weeks. made it home today for his youngest son's birthday. kids didn't know he was coming home. huge birthday gift. way to go big sexy. blackstone will get you done in terms of stocks. >> one minute left. today was a huge market day. monday morning you open up your screens. what are you watching for overnight? >> european credit spread. see how the dollar

liz: yahoo! just missed both on top and bottom lines. >> yahoo! the same thing. they have a business that's been around for a long time. how much can they get it to grow? yes, they have gigantic audience. they have some good properties but where is the though? for both companies where is the growth? liz: who do you like here? >> apple. apple, they print money. they have billions and billions every single quarter. they make great products. how can you not like apple, google, same thing wildly popular. liz: jamie, same thing what do you boot, what do you buy? >> before i did the notes today i was all over google and didn't like yahoo!. that is working right now. yahoo! and ibm are the poster children for financial engineering. that financial engineering will only take you so far. at some point you have to actually grow. liz: what is problem with ibm? doesn't that surprise you? >> well, not really because warren buffett is a long-term investor. he sees franchise value over time, but if you have a shorter time horizon ibm is very painful stock to own. for him he is l

as it relates to yahoo, if you add up the pieces, if you add up alibaba and yahoo japan and cash, that's more. plus you're still getting the operating business which has a billion dollars. it's not personal, it's not picking on the company, and i don't think anybody else is picking on the company, it's just about value. and if we can help the company, if we can help management in the board unlock that value and figure out how they can make some changes that improve value for the company, then that's good for shareholders. and we're a large shareholder. >> you seem to have, well i'm curious if you've changed your strategy with regard to yahoo. originally when you came, i believe it was, let's call it september of last year. it was about doing something with aol. forget if it was reverse trust, you wanted them to do that. you seem to have dropped that, but you haven't dropped yahoo. why no longer aol? but why still focussed on the cost structure? >> well actually the priority at first was to separate out alibaba and take advantage of getting the full value without the double taxation. one

can yahoo!? can hp? can they be fixed? peter: i would argue that hp and yahoo! are not really technology companies at all. they were technology companies in the 1970's and 1980's with hp, and in the 1990's with yahoo! these though they were technology companies in the 1980's or 1990's, today they are fundamentally against technology. against innovation. emily: even though they are not technology companies, can yahoo! and hp be fixed? peter: there are all sorts of things we can do to streamline them. it's probably a mistake for them to radically try to reinvent themselves and become technology companies once again. emily: you do mention marissa mayer. what do you think her chances are of turning things around? peter: i think she is by far the best ceo yahoo! has had in at least a decade. i think she should not be evaluated on whether she invents something new. that is setting her up for failure. the existing businesses are really big, and if you can improve those and make those work, that is fantastic. emily: other than what you have written in this book, what ar

and eventually became -- still is -- yahoo!'s store. emily: what was it like working at yahoo!?ow long did you last there? the guy who got suspended every year. paul: i was basically getting suspended from yahoo!, too. i hereby apologize to all the people i have ever worked for. i barely lasted a year. emily: you went on to write. you started writing essays at paulgraham.com. paul: yeah. emily: and that's when you started building your following. paul: i suppose so. i didn't really think i was building a following. emily: what were you writing about? paul: i started just writing about software, and i gradually realized that no one would come and drag me away if i started writing about other things, too. emily: at what point did you guys meet? jessica: we met at a party at paul's house in cambridge that i almost didn't attend. emily: so y combinator almost didn't exist. jessica: it almost didn't exist. paul: oh, yeah. it's scary how close it was. emily: how did you come up with the idea for y combinator? paul: well, jessica was very interested in start-ups. she was writing a book

this as yahoo!ts set to report earnings. >> and sources confirm the ecb is considering a plan to increase hair cuts on greek bank co collateral if athens fails to convince international lenders on reforms. >> this is the economic sentiment survey coming out of jeredny and for april we're looking at sentiment at 53.3 points which is below the average pole estimate for just above 55. it's also below what we saw in the previous month where we had a reading of 54.8. current conditions that index is 70.2 versus 55.1 in the previous month and a lot higher than the 56 that had been anticipated. current conditions a lot stronger than anticipated. economic sentiment has fallen for the first time since october of 2014. the german economy is in good shape and a stable labor market. rising wages. both strengthening confidence and boosting consumption too. down by .5% in the euro against the green back. >> we should point out the euro was slightly lower even in the beginning of today's trade ahead of that number

have a listen. >> if you add up alibaba and yahoo! japan and the cash, that's worth more than the whole market cap of the company plus you're still getting the operating business which has a billion dollar in ebitda. it's not personal. it's not picking on the company and i don't think anybody else is picking on the company. it's just about value. >> pete, you're not in this anymore? >> this is an old story. we talked about this in the teens, literally in the teens we sat on this desk and talked about let's look at the sum of the parts. suddenly you start saying, look, how about the investment in alibaba and all the rest of it. got up towards $50 a share. now it's pulled back. now it's just one of these stories where it really trades with wherever alibaba is trading. >> also are shareholders that unhappy? it's been riding the alibaba wave and -- >> the core business is still a question for a lot of people. how is the core business and what -- some people say it's worth zero. i'm sure it's not worth zero but what is the core business? i

both yahoo! priceline need so badly to expand into what i call the last mile the one from the retailer or the restaurant or any other kind of store to the customer's house. how do i know this will work? i got an in. from my perspective as an inn keeper/restaurateur, i can tell you how important the combination would be for both enterprises. just like twitter is in the discount aisle, so are grubhub and yelp that put up disappointing numbers. you can't buy when they're soaring. you buy them when they get crushed, which is now. of course not all these companies are seller. you could make what i call a god father-style offer that can't be refused. the deals, they will get done. just to be sure priceline, having bought open table for $2.6 billion last year these would be the perfect compliment. as for yahoo! it's got money. it needs growth. i just gave yahoo! the growth path that could get people excited about a company that's currently being valued at roughlyrough roughly zero. these would make yaho

think that it's, maybe they could move into monetization with yahoo more than algorithm. about it extensively before. previous administrations at yahoo had tried to strike a deal where google took over certain parts of search. i think at yahoo marissa mayer is quite interested in doing it herself. especially in mobile. she may want to rebuild yahoo's search business, that's something she's good at and is interested in. obviously doing a deal with google would be financially terrific for yahoo, because google does monetize so well. so i don't know if, i don't know if they'll move in there, that's an aggressive move and could attract attention of regulators here in a way they're not going to want to have when europe is in a difficult position. >> there's a lot to watch. we didn't even get to earnings this week, kara. have a great weekend. kara swish frer recode. >>> coming up more on the selloff, we're down 265 on the dow. rick santelli, what are you watching on this friday? >> we're watching interest rates, there's the countdown to zero for ten-year boon. which violated fr

you have to give yahoo! credit there. they've managed to use it in ways that are good for yahoo!mmunicating about the mobile revenue they have been able to generate, tumblr has helped there. they need to take it to another level, though, and i think a big part of marissa mayer' next stage how does she manage that, which senior vice president is in charge of helping david carp to reize that vision. >> shares up 3% today on news of the reorganization. we will see how that pans out. meanwhile bring in simon hobbs as we count down the close in the uk in about five minutes time. >> yeah. we hit a record. we came above a previous record close here in europe today because of the power and the weight you have within the big oil majors if you like. we've fallen back during the course of the session. the big news clearly is the royal dutch shell is putting through this deal at a 52% premium over the last nine months to take over bg within the uk. bg, obviously, had surged royal dutch shell is down 5% so a heavyweight there falling into negative territory. inevitably a lot of the smaller oi

emily: how much faith do you still have that yahoo!e turned around? max: i have lots of faith in marissa. she has the drive. ♪ ♪ emily: if you could master one skill that you haven't mastered yet, what would it be? max: parenting. emily: what would you title your autobiography? max: "drive." emily: "drive"? max: i am not sure that is a good title, but the number one -- one of the, sort of, things i keep on coming back to as i age and try to be a better parent, i always come back to where did it all begin. what is the one thing that makes me who i am? and i am 100% sure that's drive. that i got from my grandmother. i remember vividly thinking to myself, my god, she is like a tank, and she is 5'1". and that is the one thing i have to pick up from her -- the drive to succeed is just unstoppable. emily: what did you do with your first big paycheck? max: nothing. i remember the day i earned my first million dollars. i was in a shower in palo alto. someone else's apartment that i was crashing in. i just didn't have time to get my own apartme

. >> breaking news from meg tirrell on yahoo! >> that's right.aris swisher reporting that a top exec, mike kerns, has left the company. he reported to ceo marissa myers, senior vice president of the home page and other. >> thanks so much, meg trill. steve grasso, yahoo!? >> i've been out of the name for a while, sold my position. i think that the catalyst for upside profitability in the name have sort of evaporated. everyone was playing it as the ali baba trade. at this point, i think you've got to stay clear of the name. >> how about you? >> you know what, i think you buy ali baba as opposed to yahoo! if you want to have that exposure again. i think that if there is really some value here to the rest of yahoo! at this point in time, it would be trading much higher, so it concerns me. >>> time for "the final trade." let's go around the horn. tim seymour. >> i want to be long delta numbers. they report on the 15th. revenue trends are good and i think the margins will surprise people and longer term, they have turned their business around. delta, b

the name that couldn't come up is yahoo, where you were president until 2009.y look like after it spins off alibaba, figures out what to do with japan? how big is the core business in your estimation? >> you know the core business is a relatively small percentage of the stock price now, people might debate whether it's $5 or $10, but it's not a big part of the total. the challenge is you guys earlier were talking about twitter user numbers and things like that. what twitter's done in the last couple of years even in the face of slowing user growth is it's driven its revenue peruser up more than two times, it was less than $2 peruse anywhere 2012 and it's more than 5 now, yahoo in 2008 generated $13 peruser, a little above where facebook is now, today it's sr. half that they're having trouble monetizing their users and figuring out what ultimately is the product that's going to make it sing. and it's a challenge. >> i know it's a big question that's looming. we appreciate your take this morning. thank you. >> thanks for joining us. >> thanks for having me. >> fo

when beats from ibm yahoo! very much a yahoo! story. guy: we will talk to the coo of dropbox. and u.k. fast at the moment. greater growth in the u.k. than the united states. the european and u.s. views are very different when it comes to data. so how does a u.s. company storing our data treat european environment? what does he think of the competition commission in brussels? what does he think about the way that the french see the technology? who has the data and i'm keen to find out where he is based for his european operation tax wise. jon: guy johnson coming up with "the pulse" and a couple minutes . let's check out the market. another day of gains. stoxx 600 is higher. ftse 100 coming in lower. the dax up by 26 points. ftse mid up .5%. the euro-dollar near session highs. then we look at the aussie dollar as well. the euro-dollar is higher. but the aussie dollar is much stronger. higher than many anticipated. then i go to the greek three year bond market and i look at the three-year note with yields at 29.6 sent -- percent. the greek will struggle to have any market access

eric covers yahoo!.hank you for being here today. >> thank you for having me. >> we look at the earnings let's talk about those first. missing on top and bottom lines but coming up with mobile advertising showing strong growth. how would you rate the quarter overall? >> it's two stories. there's the traditional yahoo! business of selling display advertising on pcs that's declining close to 10% year on year which is becoming a smaller part of the business with every quarter. the bets marissa and the team made are now up to a third of revenue and growing 60% year on year. she has a business transportation issue on her hand. she needs it to be 50% or more of total revenue to get people more interested in that core core yahoo! business. still a couple more quarters of transformation. >> it was the announcement they made in the erngarnings call yesterday that they hired people to advise them on their stake in yahoo! japan which is worth about $9 billion. that turned things around for the stock yesterday. we s

she's a yahoo! employee now although yahoo! has trouble getting her out to see that video. she doesn't come up, say, on twitter or facebook or things very often. >> all right. katie couric, the new face of yahoo! there. thanks very much, scott. >>> my gosh, we've got softball size hail going on. and i just -- yep, i'm okay. i just got glass all over me. we got to get out of this. yep, that just happened. >> you better get out of that. isn't it amazing? softball size hail just bust through the windshield of a car driving through a storm in texas. one of the passengers put on goggles to keep glass from getting in his eyes. more severe weather is expected in that area today. but, boy. >> nasty lookinging windshield there. >>> live look outside this morning. it's like strokes on a painting outside the bay bridge. simply spectacular. >> nice start to our day, christina. >> temperatures are going to be warm later on. the there's something you want to do outdoors, maybe walk the dog, go for a nice walk yourself, you you want to go so as early possible inland. otherwise, hitting th

that yahoo was in talks to buy the company with a price tag near $900 million.lat on the news at least at this moment. cramer said this would have been a sign that they're in motion. that they're being proactive. would you have liked to have seen this happen? if it is? >> i think that dennis, who is a friend made a good argument lately talking about the tremendous data they have. he did a blog post a few weeks ago talking about how they had 50 million users across the two apps. how they have 65 million places that exist inside the system. seven billion check-ins. i think it's a rich data set. now we've seen a lot of consumer web companies with a lot smaller user bases with a lot less revenue. i assume the foursquare is going to do mid to high double digits, maybe over 100 million in revenue this year. i think there's more than people give it credit for. i think it would have been a good acquisition for yahoo. >> you look at a broad swath of comments on twitter and the idea, i mean the notion is that it's past its prime if it ever had a prime, foursquare. >> i do

marissa mayer says yahoo! will be exploring its stakes in yahoo!s been valued at $8 billion. president obama is expected to point fingers at today's earth day speech in florida. he will use the everglades to call out republicans who have tried to derail his plans. presidential hopefuls jeb bush and marco rubio. stephanie: earth day began back in 1970. would you have guessed that? it began as a way to promote environmental protection and 45 years later, the question we are asking is how far we have come? with us as one of the top environmental consultants to fortune 500 companies and author of best-selling books and the president and founder of a hc group, a consulting group specializing in environmental-corporate matters. it's a big day for you, i'm guessing one you celebrate every year -- i'm guessing you celebrate it every day. what companies have made a shift and really care about this initiative? guest: i'm glad you are covering this subject because i have been involved in 30 of those 45 years and the main change is that innovation is the siste

. >> i hate myself because i still have yahoo! e-mail. yahoo!ke having an old car that you want to get rid of but you still have stuff in it. that's thehe problem with having an old, outdated e-mail system. i have 20 years of e-mails from my family and i don't want to get rid of it but i hate yahoo!. i don't even know why yahoo! exists. it's the worst. it's terrible. does anybody here have yahoo!? >> no. >> i'm a weirdo, i hate myself. >> every time i see that, i think it's strange. >> we still know people that have earthlink. >> really? >> do you ever want to be like in a famous painting? now you can. a museum in the philippines called art in island, there are 3-d structures and you can get inside and be part of the painting and really experience it. i like this idea because those are actually people getting involved. there's somebody lying on the ground and you can't see it because it says world's first selfie museum. that's a monday "one more thing" for you. >> can you beat any of these? >> i can't beat that. i can't beat bolling's. i love hi

yahoo for the moment up about half a percent. baby food recall in the news.nutrition, recalling 1900 pounds of food. a small piece of glass in one of the products. it contained stage two beechnut suit sweet potato and chicken. it was shipped to retail chains across the nation. nine minutes away until that closing bell rings. right in the heat of the action. go live to nicole petallides on the floor of the new york stock exchange on what the traders are chatting about. (?) and chris in the pits of the cme. nicole, we are trading above an important level for the russell 2000 for the first time in history here. >> that's right. you mentioned the russell 2000. they're putting aside any worries about the economy moving ahead. you see the russell at all-time highs. also noting that market participants are basically collectively experiencing cognitive dissonance. they're moving this market. don't bite the tape. (?) 2107 on the s&p 500. key level as we break through the resistance. traders want to see whether we can hold that higher level. and oil has been a top stor

a former yahoo executive.eir net loss for 2014 widened to $15 million when it was less than $1 million year earlier. even though revenue continues to grow at 56% plus. so it's a 10-year-old firm founded ba being in 2005. >> a lot of selling shareholders, they did raise about $180 million as is typical in these things when you see a zwrump of this type. people say you could have priced it higher. only selling a small percentage of the overall. that is does give a great deal of value to those who hold the shares, john. all of those who have been participating. >> well of the three big ones and we're waiting for virtue. this is obviously a much bigger gain than party city posted here, up 20%. an important day for new issues market remains in the range. we'll be right back. you can call me shallow... but, i have a wandering eye. i mean, come on. national gives me the control to choose any car in the aisle i want. i could choose you... or i could choose her if i like her more. and i do. oh, the silent treatment. re

this is yahoo's chance. >> people who own yahoo say you get the core business for free at this point. there's a strategy that includes four shares of alibaba. you can also shorten yahoo japan and then you're left with a negative value for the core business. i don't know what it's worth. >> but i got to tell you it's worth more than that especially if you make an acquisition. >> the acquisitions they made so far, it's not clear they moved. >> they've been created in their cash management. >> they're saying in between protesters on track no evidence so far of bubbles. the european economy is broadening and strengthening. there's the opening bell down at the big board. it's the 14th year that starts today. oncology companies celebrating its ipo. we're going to talk to the kpaeb's ceo this morning. >> i see something positive happening. we go back to southern yesterday. it was such a huge disappointment. right now the cfs conference what's going on. they delivered. look at union pacific. we are beginning the makings of what a good rally would be. you get the airlines going, the rails goin

yahoo!ith a positive take saying nobody needs a smart watch but the apple watch is, above all, a satisfying indulgence. and "the wall street journal", the body is bound to get thinner and soon we won't have to charge the battery every night. the software won't ever get stuttery. sounds like she's saying not this time but the next iteration could be great. overall, overall, they're not factoring the watch. >> people are expecting 10 million units. that's not going to move the needle for apple. it's not why you want the buy the stock here. the reviews weren't met. so that's not a a great review for the first product introduction in five years for this company. really the conversation is going to turn at some point to this summer when the iphone cycle slows a bit. what do we get in september? they have already updated the macbook. it's not the driver here. it's iphone. >> and the downgrade, the crux of it is, you know what, the watch is nice. it's an iphone company with when it companies to rev

that can take you from starting in a show on nbc all the way to starring in that same show but on yahoo! [laughter] i took amtrak here. it was way more luxurious than i thought. did you know, they have massage seats on those trains? all you need to do is sit in front of joe biden. those hands don't get tired somehow. i hope everybody enjoyed dinner. we tried to get a caterer to cater this but they heard that bernie would be here. thanks for that, bernie. we should have had that world-famous indiana pizza. i can make that joke about indiana because i'm from illinois. the white house correspondents dinner is a chance for all of you to unwind, relax and relicense him unless -- relicense him unless powerful than you is laughing. since i am a comedian i will not tell you politicians how to do politics. that is not my job. that would be like you telling me what to do about my body. can you imagine? [applause] tonight's event is being broadcast on c-span. for viewers watching a home on c-span hello. to most viewers watching at home on c-span, meow. [laughter] if you don't know how to find c-sp

yahoo! is a little bit more difficult to gain than people think. if you think that yahoo!s talking to twitter you will be the last to find out what's really going on. >> does it feed the notion that mayer is -- i don't want to say flailing but certainly reaching out for acquisitions, for eyeballs in ways that are not focusses? >> they need to make a transformational acquisition with all the cash. >> i don't think they're going to do that. return an enormous amount of cash to shareholders. they continue do. >> they can't just be an atm machine. >> the question is what is that core business produce? ebitda, how much cost saves are being put through. pressures by jeff smith for better or worse. >> i don't know. the whole group, if you don't have fabulous fabulous mobile inquiry, i mean, this is the google problem. you're up against google. i can't stress to people how -- google is very much like microsoft at the top of when it was powerful. >> all right. but if i take that and then apply it to the performance of the stock price i'm probably not going to be a buyer of google.

get more money saving insurance tips on goodmorningamerica.com on yahoo!and here is your first look everybody, we're going to get to the "deals & steals" but we have to show you your first look at "o" magazine's 15th anniversary issue and we are celebrating that with a very special edition of "deals & steals" dedicated to ms. o. all-time oprah favorites. tory johnson brought a special glass. adam glassman creative director of "o" to tell us about these products. i want to start with harry barker. >> we have great stuff. everyone knows oprah is obsessed with her dogs. assorted dog tough from harry barker. eco friendly. they make the best dog bed, dog toys treats everything in the world and what's so good eco friendly really beautifully made. >> really cute. >> but they also look beautiful in your home. >> yeah. >> which is what you love. >> yes. dog treats. >> you'll love the prices too. >> talk to us. >> we got a big deal from harry barker. the prices are normally starting from $10 to $150 depending on what you choose. today only slash in half to 5 to 75 b