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MARKETS LIVE BLOG:

STOCKS OPEN MIXED AFTER ISRAEL STRIKE-FUELLED TUMBLE

Shares of Netflix, the first of the megacap techs to report, slide in early trading

Google nabs Morgan Stanley CFO, Twitter-Foursquare tag team & Icahn ups Chesapeake

Yahoo Finance

Chesapeake Energy (CHK) shareholders have a friend in activist Carl Icahn. Shares rose by as much as 4% after filings disclosed he is now the natural gas giant's second largest shareholder.The billionaire's M.O. is to target under-performing companies and that's Chesapeake. Shares have tumbled nearly 40% over the past 12-months. Part of the slide is tied to weak commodity prices, the other is because the company could likely be doing a better job to offset that.

Get the Latest Market Data and News with the Yahoo Finance App

Google (GOOG) has some good news for shareholders; a new CFO. Shares are 2% higher after Ruth Porat, Morgan Stanley's (MS) CFO, said she will join the tech company in May. Morgan Stanley shares are lower on the news. Early speculation is that she may be more capital friendly to shareholders. That could mean more buybacks and/or dividends. Currently, Google does not pay a cash dividend unlike other big companies such as Apple (AAPL) and Oracle (ORCL).

In other tech news, Twitter (TWTR) and Foursquare are teaming up--and investors like the idea, with Twitter shares up 4%. The partnership, which was disclosed via a tweet, will allow users to tag very specific locations in Tweets. For example instead of just tagging New York City, the info might say Yahoo's NYC Office. The detail gives the companies more ways to monetize capitalizing on Twitter’s 288 million users and Foursquare’s 55 million which have logged 6 billion Check-ins via its Swarm app.

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