Im mark crumpton. Im emily chang and this is bloomberg west. Theill hear directly about future of yahoo from marissa mayer. I asked her whether the company is really up for sale. Gopro tanking again. Sales forecast coming in way below estimates. Can gopro get its mojo back . And a changing of the guard at cbs. Sumner redstone steps down. We will discuss. First to the lead, gopro shares plunged in extended trading. Investors focused on the Sales Guidance coming in way below estimates. Firstquarter revenue between 160 million and 180 Million Dollars compared to 287 minute dollars and estimates. The company is also playing the cfo with ryan mcgee from qualcomm. It slashed the price twice since its debut in july. What is next for the company to do . Is bob mcdonnell. Thank you for joining us. What went so wrong at gopro . The problem youve got is this is a company thats been trying to promote themselves originally as a Media Company and as a bigger vision player. People have recognized its
Sources say that Jefferies Group cut numbers at its income meeting. Focusing on products and mortgages. Because of the energy well, some of those cuts earned bonuses last week. Those of the headlines from bloomberg news. Lets take a look out the asiapacific is looking right now. During the lunch break, this is how other markets are trading right now. Shanghai is up half a percent. Time for bloomberg west. Coming up, we hear directly from mercer mayer about yahoo. I ask her about her turnarounds strategy and whether the company is up for sale. Gopro is thinking again. Back . It get its mojo is a changing of the guard. Biggest challenges for the successor of nbc. First to the lead, gopro shares plunged in extended trading. Investors focused on the Sales Guidance coming in way below estimates. Firstquarter revenue between 160 million and 180 Million Dollars compared to 287 minute dollars and estimates. Million the company is also playing the cfo with ryan mcgee from qualcomm. It slashed t
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