Yahoo Finance to start show featuring two former CNBC personalities
Former CNBC reporter Matt Nesto and “Fast Money” cast member Jeff Macke are starting a stock-picking show for Yahoo Finance called “Breakout.”
Chris Nicholson of the New York Times writes, “Mr. Nesto joined CNBC as a financial reporter in 2007, but The Daily Caller reported in December that his contract would not be renewed this year. ‘Matt Nesto is no longer with CNBC,’ a spokeswoman for the cable channel confirmed in an e-mail message. ‘We wish him well.’
“Mr. Macke was a hedge fund manager from 1999 to 2004 and has written for financial news outlets like TheStreet.com and Minyanville. He is a graduate of Dartmouth and Stanford, according to his Yahoo Breakout profile.
“A Yahoo spokesman was not immediately available for comment.”
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