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U.S. Day Ahead: Yahoo! to ditch Asian units

Monday, April 09, 2012 - 02:21

April 9 - Yahoo! is likely to try to sell its stake in Alibaba and Yahoo! Japan as the company's CEO prepares to deliver his strategy to turnaround the firm, according to Reuters Correspondent Nadia Damouni.

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Here's your US day ahead Yahoo!'s -- outline its strategy to get back in the big leagues at an all staff meeting. The message from the company's CEO Scott Thompson is likely to focus on poor media and communications platforms and data. This comes as the struggling firm plans to lay off 2000 workers. Reuters emanate correspondent nodded and when he says Yahoo! is next step will be to ditch its Asian business. Yeah no sign ordered -- With regards to its -- that it holds an Alley -- up as well as Yahoo! Japan and without those discussions coming back which had at a stalemate. -- the last few months shareholders are simply not gonna be happy with any other staff yet who decides to do. Earnings season kicks off but I don't expect fireworks -- point the latest star mine data. On the radar Supervalu before the open an Alcoa after the close. Focus will be on the aluminum giant as -- the first Dow component to report. Thomson Reuters and asked her own Marta says there's a high chance it could this mean estimates. A -- expected to miss by a penny so we'll see a loss of five cents a supposed to force sense. And according to a highly rated analyst the loss could be as weak as twelve cents. The company is being hit by weaker aluminum prices slower growth and is having trouble receiving money from its creditors. Chevron will give a first glimpse at how energy companies are faring in the first quarter -- this interim update at 5 PM. The second largest US oil company will comment on this refinery operations and production numbers. As crude prices -- to new heights. Brent averaged about 118 dollars a barrel in the quarter up nine dollars from the previous one. While the Fed launch another round of stimulus. Will get more insight from three -- speakers at the Central Bank. Dallas president Richard Fisher gives his take on too big to fail at 1230. Voting member at Atlanta president Dennis Lockhart tops of the markets go up to 1245. And Minneapolis president not a had a cordial look voted discusses economic outlook at 150. And retail data could give markets some direction in the morning. 745 -- a release of chain store sales from the International Council of Shopping Centers and Goldman Sachs. At age 55 -- read books turn. Wholesale inventories out at hand. I'm Fred Katayama and this is --

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U.S. Day Ahead: Yahoo! to ditch Asian units

Monday, April 09, 2012 - 02:21