It was announced on the LoHud Yankees Blog that the Yankees have traded for Colorado Rockies infielder Chris Nelson, who was set to be a free agent after being designated for assignment last week. It's not known what Colorado will receive for Nelson, but it's like either cash considerations or a player to be named later. LoHud also said that Francisco Cervelli has been moved to the 60-Day DL, which would open up a spot on the 40-Man and Active Rosters, but I don't see that as being official yet.
Last season, in 111 games, Nelson hit .301/.352/.458 for the Rockies. He's not getting off to a great start this season, batting only .242/.282/.318. Chris is a right-handed batter, but he doesn't have a big split at all against left-handed pitchers. In 664 career MLB plate appearances he's hit .274/.322/.418 against right-handed pitchers and .293/.323/.409 against lefties.
The fact that Nelson can play 3B makes him a better fit for the roster than Corban Joseph, since Kevin Youkilis was lost to a back injury. With the Yankees already having Jayson Nix as a backup infielder, I think Joseph's time in New York will be short.
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Sorry for the Capatcha... Blame the Russians :)