Ali baba. The ceo of lamborghini will give us a tour. 11 . You can get in line. The waitlist is 1000 people long for a car that is nearly a quarter Million Dollars. First, a look at the market. Take a look at the dow chart. You can see intraday he higher on the heels of the news that we have inflation in the economy. Cpi coming in better than expected, which is not such a bad thing. Nice to see inflation and the economy. We have been all around the block low work. Now in fact higher. Getting more on the market. I on hyman keeping and them. We have seen that moves near it in a lot ofindividual stocks. That move mirrored in the individual stocks. Netflix is actually still down, but the overall move mirrors that of the s p 500 or the nasdaq. One other element with netflix, there was an outage reported or some users this morning that the company says has since been solved. The worst performer in the s p 500 is wynn resorts because of data we got on china that talked about credit growth is slowing. Analysts at wells fargo says that could be bad news for the growth of the high rollers at the macau resorts and casinos. That stock is falling along with other casino resorts, especially those that have business in macau and asia. With earnings that just matched estimates. Global volumes were up two percent. This is reassuring some investors after sluggish growth that the ceo may be steadying the ship. Thank you. We will be talking to you in just a little bit. The make or break order. The first Major Tech Company to report the season. Take a look at that. Downlly since early march more than 15 . The company is definitely in a situation in which alibaba is pretty important to it. They are expected to the public soon. Weaving yahoo out in the cold. Karissa meyers turnaround strategy has stopped. Turnaroundayers strategy has stopped. And less than an hour we will find out if this quarter is any different at all. Here, christina warner. Our very own olivia sterns. Christina, you first. This is a company that once it loses ali baba, does not seem to have a strategy in place. What will happen . That is the question. Whatnot really clear still type of company yahoo is. Are they media, tech, or what are they doing . That is a good question. What are your Growth Opportunities . A they have been trying to be Media Company of sorts. Acquiring egg name talent, saying they will vote 30 minute comedies out there. We know that what Marissa Mayer has said is she will be the centerpiece of the turnaround strategy. Four straight quarters without advertising growth. She spent a lot of money, has brought in huge names. Katie couric is the beginning of the new face of yahoo . The global head of news and rebranding yahoo . Task following. In the past week they have rocked and bobby brown, the makeup executive and the chief of elle magazine to head up fashion. All of these people will focus on original Audio Content because that is where the money and growth is. Will they be able to do it . Is this a Media Company . It is ali baba. It is cash. There is Something Else in there. It is what we call yahoo . It used to be a company onto itself. They will justify valuations. What happened . Very unlikely they can ever grow organically again. There is promise around search. Different ways to build a search business. They have positive momentum in that regard. When it comes to the display business, and by historically i mean prehistory 2007. They completely missed the opportunities to capitalize on the growth of video. There is opportunity to maintain the budgets from advertisers they have had in recent years. It is really unlikely. What are they going for here . What is this company . Are throwing potential competitors up there, but facebook and google are obviously very different. Is it a Search Engine . A Media Company . Canopy everything . Certainly trying. So many different content verticals. Is bought a lot of mobile companies but i do not see anything focused on mobile or advertising. They did not even break out those figures. Will this change . Is that the whole idea behind the video content . Will they start to look at that . Certainly they have to build up the mobile space. Facebook has been killing it with mobile growth. We would like to see signals about what is happening with mobile growth. As to why, look at what youre looking at. Youre looking at saturday night live. Yahoo created a deal where they spend a lot of money to bring in video content. It has yet to change the ship. Expensive 30 minute series. Everyone wants to come up with the next breaking bad or house of cards. So they are spending more money. To netflix for content already. You do not think of yahoo as the place where you will watch your favorite tv show. It is not popular to build a popular tv show that happens to be distributed by yahoo . The problem is, if you have one or two or three shows, that is not enough. Advertising inventory is so small compared to what you need to generate growth, is a multihundred Million Dollar ongoing investment to capture the kind of growth. Say she isd you doing this far . Are investors so understanding . Investors have not really cared particularly. It has really been the cover. It is the only thing that has matter. Investors will care within a quarter of ali baba going public. At that point it will have been two or three years. Unfortunately i think they should have focused more on revenue and then people and product. They have decided to focus on peopleproduct revenue. They are getting there. Soon as it became public, it really began to focus on the mobile revenue mark. Absolutely. They were are ready making money and said we have not focused on mobile and they have doubled and tripled down. I have ramped up the mobile advertising product. She did a lots of stuff at google. Does not make sense they have ignored that here. Talk about the recent selloff we have seen. Obviously getting really hit. Actually and indexed by alien and negative territory right now. It has been all over the place today. What would you say as we look at nextech landscape over the couple of months . Do you anticipate a bigger selloff . Know as a short answer. I think macro conditions can change obviously. I think stocks are starting to get attractive using the metrics i used to Value Companies across the universe or otherwise. My guess would be no. I would argue or suggest asre are pockets that seem though they are getting a little bit frothy. You have only to look at the crazy valuations that some of these companies are paying in the private space. , the valuation 19 billion, maybe it is better than letting google get it. Better than the alternative. You have to count for the valuation of facebook. The problem is, we have lost all sight on how to value the companies. That is not what i am saying at all. You make a choice because it is better than the alternative. Because you are worried about the competition getting it. I dont know. We will see. Tech selloff looking like it is continuing. The biggest challenge janet yellen is facing. Do anythinge to with tapering. We will be joined by the ceo of lamborghini. Why the latest addition will be a big hit. I will see you right back here. Janet yellen does not have to look or a far to find a jobs crisis. The own order governors could be down to just three members. The has not happened since 1930s. Peter cook has more on the vacancies in the impact they are having. The reverse kind of job problem because the fed needs people. Not exactly the best time for the fed be shorthanded as it confronts 70 issues right now. Janet yellen would like the full team at the fed or dreamt to negotiate, talk about the options. This is not the right time for this to be happening, but the reality is, it is happening. Right now there is a real possibility they could be down to three members of the board of governors. Normally there is seven. They also help with administrative loads in washington. This weighs on yemen in ways that perhaps not everyone can appreciate. Once germany sign leads, there is help on the way. Stanley fischer very experienced. They still need to clear a Senate Committee in the full senate. Could be months before we get a federalrd at the reserve. Assuming no one else leaves. This is the job physically with a 14 year term. Why are we getting this turnover a lot of job security. The reality is some people are turned off by the notion of the confirmation process so they are not being considered in the first place. Those that are coming to the Federal Reserve are not serving the full 14 years. We have been crunching the numbers. The average term for Board Members is now under five years. That number is dropping more recently. This harms the institutional knowledge. The idea that people there always have a fix on what has happened in the past. The longerterm was supposed to promote political independence. You could easily outlast the president who appointed you. One of the open jobs may go to a Community Bank or. Is that true . That is right. Mostames getting the mentioned in washington. Both are Community Bankers trust. Ebecca romero raney she serves on an fdic advisory panel. Another name, and associate administrator of the Small Business association. She previously headed a small bank in oregon. The notion is Community Bankers trust to get one of the two vacancies. With a hard for someone strong regulatory background to get the other open spot. Thank you. Hed are cooked. As the jobs market continues to heal, a closer look at mandate, inflation. In this environment they want more of it. They may get what they are wishing for. The fed referred inflation number, personal consumption price index is likely to tick higher following todays climb as rent and food costs heat up. The question is, will the fed speed up the plan for rate hikes . I want to bring in managing the rector. Your reaction to the cpi news, does that change where you think the fed is heading . He think the fed will be on hold. Very unlikely the fed will be in any rush to raise rates. Our view is yellen is focused on the number of people who are working parttime. She even cited 7 Million People who want a fulltime job. 37 of the people unemployed today have been unemployed for more than 27 weeks. She cited the low purchase a patient rate. Of the reason why the Unemployment Rate has declined and above all, wage. All of those reasons argue she will be on hold. Wage inflation something to watch for. We have not seen much in the way of inflation period. There just was not any to speak of. The idea we are getting a little, is that something you would consider healthy for the economy were in right now . To seeould love inflation. Pimco looks at companies all over the united states. The reality is very few have icing power. He cant they do not have pricing power, they cannot raise wages. I want to backup and highlight this tom a you said we would love to see a little inflation right now. Not something we hear anyone here every day. Why is this important . It is important to know from the fed policy because there has oh is been a concept of the dual mandate. Yellenery clear yemen is comfortable allowing inflation to run a little bit higher in order to generate sufficient employment growth because of the structural reasons i cited earlier. She is convinced there is too much structural unemployment. Maybe deal with inflation issues after the fact. Anywhere. Go stick with me. You merging market stocks are getting slammed. Hitting the lowest point they have seen in months. We will be back to tell you which brecht is the best one to invest in for the long run. We will be right back. Time now for todays global outlook. Emerging stocks are getting hurt today, more than a percent. Here is why. Data pointing to a decline in lending in china. The Ripple Effect being felt all across the globe. Chinas top trading partner feeling the brunt of the pain. Brazil really having a tough go of it in general. Stocks down nearly 10 in the past six months amid low growth and high inflation concerns. Says that iso exactly why you need to buy brazil right now. Opportunity . Why are you seeing right now in brazil . We are seeing the opportunity and the conclusion our team made a month ago but sentiment is incredibly negative. Everyone has seen higher inflation, lower growth. Investors are negatively position toward the country right now. We see it as an opportunity because longterm on the mantels are favorable. They have good demographics, that is very manageable and they have a war chest. Basically 380 billion of x us fx reserves. I have spent a lot of time and brazil. I think it is a remarkable story. They have issues in their way they have issues in their way with tax policy and terrorists. How do they start to change that. Good question. They have had to raise Interest Rates a lot because of higher inflation. That ultimately is attracting investors back in. To your point, this is a policy quest in. Many of the National Policy were a socialargued it is policy. Alternately they need to attract foreign investment. Right now the rates are made that uneconomic rates. Private capital can come in and fund the growth. Coming up on a hold heartbreak. Your pick in brazil right now . Reducing 2a Company Million barrels of oil per day. The reserve base of 11 billion barrels of oil per day. 88 million market cap. You are buying it at 5. 5 . Very attractive. Deputy chief investor. Appreciate it. Coming up next, a work of art. It. Can drive talking to the ceo of lamborghini. At the 2014 geneva motor show, unveiling even more. Unveiling everything that vehicle is known for. Zero to 24 Miles Per Hour in 9. 9 40onds and cost you 200 thousand dollars. It also represents a new approach to automated engineering. Here to discuss, president and ceo of lamborghini. Wonderful to have you here. A pretty sweet ride. People to line up. I have to ask, who is buying . Middle east, japan, u. K. , germany. These are the tough markets. We have markets that are small in size but big for us. Singapore, asia. Hong kong. How would you characterize this car . How is it may be different from what you have done in the past go i have given to my people a very short briefing when they Start Building or developing the car. It has to be very fast on the raceway. Has to be easy to be driven on normal roads. It has to fit you like a glove. You have to feel at home at the very first moment. Together . S this work the technology and actual vehicle . Technology needs to be something that is helping you. The stiffness, double clutch and engine immediately responding. Together. Se things and still be a work of art, . Right how many of these will you actually sell . You only allow a certain number of the cars on the market at a certain time . One of the key issues is always have one card left. This is the keep. You have to keep demand going to keep it special. Let me ask you about the company itself. It is owned by volkswagen. On its own, what it the difference having a Parent Company as opposed to being completely on your own . This group has a lot of friends. We are the most exclusive one. Lamborghini. Last year we produce more than 1000 cars. We are rocketing from the position that they leave the responsibility. Also that we have our own profit and loss. Synergies. From you like being part of the Bigger Companies . Purchasing. We can purchase for lower price higher quality. So there is a lot. We learn from them and benefit. Carl pope, farmer head of the sierra club on with me earlier. Talking about the importance of new energy and how it has been driven. Differ in he pointed to tesla as an example of this. Lamborghini train to go green. You do not necessarily think new energy and Green Technology him up but what are examples of what you are doing . What we did in the past year is weve reduced emissions where the car is more than 20 . We divide this from the factory. We will be revenue neutral by next year. For a Small Company like ours. We want to keep the perfect balance between having the final arends final drives that not made to go from daily basis whene also want in future you buy a lamborghini. How long do you have to wait . The big one more than the year. This is soldout are ready for the year 2014. Soldout. Over a year wait. Great to have you back. Ofsident and ceo lamborghini. Coming up, the u. S. Is considering stronger sanctions against russia that can the Obama Administration win support from the recovering European Union . Plus, we caught up with Jerry Bruckheimer to talk about his work on the next top gun movie. The stay tuned. Sinceericas best weapon against russias aggression . Trade. Trying to beef up artillery with sanctions on russias economy and specifically targeting energy and banking sectors. The problem, eu Member States are worried about the impact of an allout trade war on the region still fragile economy. How do we balance the geopolitical risk with economic risk . My next guest has answer. Former undersecretary of International Trade at the commerce department. Good to have you here. Isnt euro willing to play ball here . The leadoff to the story speaks volumes. They really do have to balance interests. Europe is still recovering from from a pretty severe recession. Time, they do have geopolitical concerns. Russias action in the ukraine are very aggressive. Shouldnt that be a breakup call wakeup call . A lot of people thought he would stop at crimea. The danger is he may try to take more territory in ukraine and even more territory in the region. , arentntry in europe you looking at this and saying i need to be worried and let me try to invoke better sanctions to fight back against this . I think europe is struggling with that. They are looking at it that way. I believe a lot of the leaders want to do it and are balancing economic concerns. What else can we do . Sanctions arer not the toughest here either. Is that because we are waiting on europe and they are not cooperating so we will go baby steps . When i was with you last, we talked about the fact will the sanctions really work . The thing about economic sanctions, they are not instant gratification. Have impact. E to russia already has a fragile economy. Very dependent on energy commodities. Any kind of jolt will be felt in russia. If they were doing this for pure economic reasons, you would not take more territory in ukraine. It seems to be politically motivated. There is no question he seems to continue to be moving forward with whatever plans or actions he wants to take. That does not mean he will not feel the pain. I some point, and i wish knew. I wish i had a crystal ball. See think you will companies that were planning to make investments and russia. I think they will pull back. There is going to be pain. At some point he will have to deal with that. We know the old adage, all politics is local. At some point he will have to feel that impact. I think the president is ratcheting up. I think there is more he can do. The ones you heard him today. Step could be a broader array of executives from his oil company and other energy sec or companies. Coming up next, ironman, green door. The list of revival films goes on and on. Our audience is suffering from fatigue . The t . We caught up with Jerry Bruckheimer to find out. He is really excited about doing it. The other film everyone has been talking about is the next top gun. This is a long process for you and tom cruise. You made headlines recently of setting the stage for cruz the drones. Technology has changed so i think we will take advantage of what it is like today. Is the pilot obsolete . Arent the jet jockeys gone from now . I do not think so. You still have to make the decisions. So we will hopefully highlight those worlds. What is the timing on that one . When might we see that in theaters . We have been working on it for over 30 years. I wish i could tell you how long it will take to get there. It is a lot of fun working with tom and tony scott passed away. That is very sad for us. I believe David Ellison is a financing partner. Of ellison family, a lot people talk about them. Megan getting a lot of attention during the awards season recently. What can you tell us about David Ellison . That helpspilot so us a lot. He has great taste. Movies he has made have been very successful. He continues to make successful movies. He understands the business as better than anybody. Understando young to the deals and what actors and directors work, he is really done his homework and i am proud of what he brings to the project. You still have ties to disney and there are projects you are involved with through disney. Caribbean, the latest installment is one that people continue to ask questions about. What is the latest with number five . Werewolf working on it. We are excited about it. Hopefully we will get that going this fall or beginning of the year if everything lines up properly . Is there a fifth and sixth . Everyone loves to talk about these movies online. We make them one at a time. Johnny will be back. Will Keith Richards be back . I hope so. We would love to have him back so we will see. You have had huge success in film and television. Csi on that list. A lot of people talking about this is the golden age of television. Financially, what does that mean . Has this been the most financially successful time for you because of the storylines tied to tv right now . It has been great for me. Csi and all of the shows we are put on the air are still running. The reason they call it the golden age is because the work is so good. You look at what the other , cbs, nbc,d networks abc, netflix. There are Amazing Stories with great actors. Does that mean working with netflix and partnering with them on original shows or movies, that is something youre been talking about . Absolutely. Csi, terms of a show like how long can that show stay on operably aems like long time. Going on the 15th season. It would not be on 15 years is not the writing was great and directing was great. The dark net csi fibers working on that right now. Is all about entertaining audiences. That is what we do. On that point, you seem quite interested these days and how technology is influencing society and ultimately bringing that to the big screen. Absolutely. So many things have changed since i started making csi a few years ago. Things change. Thank you to Jerry Bruckheimer and our very own Jon Erlichman for that. Of next, the top 10 from j j to ge. The top 10 stocks you need to know. The close of trading is next. We will be joined by the editorinchief of on whattan magazine women need to do to work up in the workplace. We have been all over the place today in this market. Looks like were near the highs of the session with the dow jones up 82. Heading to the close. Today. Number 10 the social media giant is buying longtime partner gnet, providing twitter with more insight into trends, breaking news. Another deal. The London Metropolitan police have chosen evidence. Com and five units of the cameras to be used in the proof of concept pilot program. The oneyear Program Expected to start soon across nine london bureaus. Bieber technology down 10 . They will buy motorola solutions. To do so, they plan to offer 200 million in cash. Sending the debt level from zero to almost five times adjusted annual profit. That sounds like a highly leveraged deal. Number seven, whirlpool. Increasing the Quarterly Dividend to seven percent. Strong growth and expansion. Approving a 500 million share repurchase. Number six is when. Down four percent right now. Number six is wynn. Caused the company to see the biggest intraday decline since november 20 12th. We have seen a bounce around a little today. Number five, general electric. Expect the ceo to step down according year 2021 to a report from the wall street journal. The board expects him to depart sooner than the 20 year tenure. He has been with the company for 13 years. Out a noteir cut saying they expect him to say until 2016. If he leaves then he would be 60 years old. Citing nearterm catalyst. Stock has gone nowhere in a decade. Neither has a milk. Be leaving could sooner than the 20 year time. Neither has immelt. I. T. Andr four, Consulting SoftwareServices Posted forecast that beat estimates. Fourth quarter earnings climbed 25 . Three, biagio little changed. The second attempt to dominate the whiskey market. Data, United Spirits controls 40 of the volume in indias market. In an email statement, he said taming aiming to boost shareholder percent. Number two, Johnson Johnson up two percent. Reporting earnings that beat analyst estimates and raised the 2014 forecasts. Shares up more than two percent. They will focus on new drugs and tried to reduce reliance on medical devices. The Drug Division saw a shales sales surge. Number one stock of the day, cocacola up four percent. Reporting fourthquarter earnings that met estimates after the report muhtar kent theised an improvement and one billion dollar costcutting program implemented in the month of february has artie stone shown some signs of in your behind. We are ending today up about what five percent or nearly 90 points on the dow. Nasdaq also ending up in the green. It was initially a positive reaction to the deity we got on cpi showing a little bit more inflation than advantages. In the economy. That good news starting to wear off as we started to go into negative toward tort, and since 1 00 p. M. Wave meeting we have been making eggs that he climbed back. Negative territory, and yet since 1 00 p. M. We have been making a steady climb back up. The sellers are getting exhausted at this point of of the things that traders say when they do not really know what is going on. One thing that folks were pointing to was of Economic Data out of japan that did cause a turn in the end. You do see a close correlation cnn u. S. Stocks, so that might have contributed to there is contributed. There is really an aimlessness. What do you say is the r eason . Healthy balance. We did not follow through much yesterday. It is all about how the market react and not how they act. It is a lot of key and midpoint levels that were important to me. The Halfway Point of the last move from thursdays high demand is low. Some profits there, but you thought of buyers is that back up again. Than is always a more art science to this, and the technical selling has been overdone. People are starting to focus on that we have so many earnings coming out. The financials are holding up very well. E gives usbe is cok a reminder that some of the slow and steady socks and the brightest. Theyre doing very well and sometimes you do not look at the lastnet docs or the very she and shiny stocks. Those are the momentum docs. They have been under fire for the last weekend to have. Saying maybe this is a sign for the rest of the market when you start to see them suffer that there is more pain to come. What do you say . You cannot have it both ways. Nobody thought that the oversell was going when we were up 35 . We are up over the past 52 weeks, so it is gravity taking, but if you look at the entire flyers, will that hold on a weekly breaasis . You had some stocks with triple digit major moves, and theyre coming back to reality. Im very impressed by some other stocks. Im impressed by some of the oldest tech. I know apple is considered old tech, but we have been trading in the 60 pattern, and now it is trying to leak into the other side. If you look at Something Like intel, it has a very small pe as well. I think they are good values, generating a lot of revenue. Thank you very much for that. We do have some breaking news we went to get you on intel. He was just mentioning intel, and earnings are coming out in terms of the numbers of . 38 versus . 37 estimated five revenues largely in line, but what people are going to Pay Attention to are those secondquarter revenue forecast. They tend to give those window so intel says that secondquarter revenue is going to be 13 million plus or minus 500 million. A little bit of room for intel to beat estimates. The letters maker of largest maker of chips. Had a migration to the cloud, so how has that affected intels is in terms of not selling as many server chips because clients are going to be cloud . That has been affecting it to some degree as well. We will have to look further into the commentary to see the push and pull during the quarter. Its regularly relatively strong quarter, and that is reflected in that reaction of shares report allen. Do you consider this a bellwether . You can put it in the group. Is undervalued here, and from a risk reward standpoint it seems like much better buy than buying a stock that is up to under percent over the last year. I think people are coming back to something that they understand a little bit better and have a little bit more confidence in the longterm. If you do not come into those highflying stocks into the beginning of a to give him now is a whole different ballgame. For the longr look term and continued expansion because you have much less risk at these levels. We have been focusing a lot of attention on the fed as well, which is something we often tend to do. We look at those cpi numbers and some people are rather encouraged by the inflation data that we got this morning. How much are you hearing about the fed and any changes, potential changes to lead all is potentiallicy changes to fed policy . Theyre going to make adjustments as necessary, do what they need to do. No question. When we talk about inflation, inflation that has impact on us is when we start to see wage inflation. We have not seen that at all in the least bit or many years. Not think that want any impact on what the fed decides. We do have some commodities that went up, but commodities go up and down. Off itss still recent highs. You cannot state a whole lot in the Inflation Numbers because of the supply and demand and the changes of the nymex of the of demand market an individual markets. Forecast sales came in just ahead of 10 million. Good news former is a meyer, the stock is trading slightly higher in afterhours. One thing is very interesting that they have now given us an insight into what is going on with mobile. That is something that investors have been getting very impatient waiting to see what is going on with their mobile this is the best is the cut so much success delivering revenue through mobile growth but yahoo has been trailing. They had line is that over 430 million monthly users are accessing the product really know that she has been doing everything she can to implement her turnaround strategy for the company. 20 user growth. That is important. We have been talking about the lack of use and lack of traffic records within talking about the lack of revenue at from advertising. What she needs to deliver, and we are starting to see people signed up. People are using these new products that she is apt above the actually implementing. Thee have a couple of theorem is this a good sign for what is potentially coming down the pike . I think so. This is how we have seen things happen over the last couple of orders that you give a bit of and evil are, and people are nervous and we see that we can achieve the low bar. Are you a buyer after they had a five percent off sale, or you going to sell into a hole and continued to look at the slide . There are some good support levels to lean on with a stock like yahoo . That is a example of the value that people are starting to see, just like cocacola has a you want to support level at 36. Provide risk reward standpoint, i would rather be a buyer at these discount levels and the event can hold. Stop losses a couple of dollars away, but there is an upside potential. You can see the bbq get act about the 1850 level, that is the Halfway Point. We hope youre right. Thank you so much. Thank you to olivia and to julie. Being up, joanna coles will joining me to discuss a glossy magazines can fly in the digital age. Up 100tarted the day points gevo moved down 100. 2 and. Hen ended the day backup that is the volatility we have not seen so much of as of late, but i am joined by the president of research. Ande talked to traders, there was no clear market event that drove today. There was a lot of compulsive events. Tore the story with japan waive the story with china can waive the story with earnings go with ukraine, we have all of lingeringave still stories about the fed have a but there wasnt a single event as far as today goes. As we did have the cpi out this morning that came in a little higher than anticipated. Showing there is a little inflation, which is what the fed has been trying to get. How do you think investors reacted to that, did that play into the decisionmaking today . I do not begin didnt that the cbi has been down. I was at a logo but it was depressed, there was nothing there. It showed a little bit of a glimmer by picking up today. That was encouraging for the fed, but i do not think that was the major driver of why we went up 100, down 100, up 100 on todays movement. Do think there is a major decision out there as People Get Ready for more and more earnings to come forward . That that is exactly is brady you want to add it all up, because today is not unique of a we had it yesterday and last week, this volatility, you have the fed, and who knows what they are doing. They told us that it does not doubt. Hang on there. How do they havent they made it pretty clear that they are leaving Interest Rates at 04 the foreseeable future . Until they change the rules again. They change the rules all the time, because at any moment he could change the rules one more time. That is the problem with this former guidance that the fed has been are you a critic of all of this communication . Stick to the communication, doesnt become a device to manipulate the market . If youre going to communicate and idea, you stick with it. It is not here is what i think until i decide to change my mind. That is exactly what the fed has been doing and that is why it is so you. That is one lingering fear that you have had. Bloomberg has an estimated earnings of less than one percent for the First Quarter. It will probably go up because most companies do, but that is not a good number after a 30 year in the stock market. We wanted to go up again. , where youo ask you coming out on this side of the quite . Do you think we will see up sizes you . No. Of i think we are at zero for the year, i think we are going to end the year at zero. We saw all of that last year, and were just went to see the economy trying to play catchup right now . A year ofll be digested, and that is what we have had. We have been up a little bit, down a little bit to your point but they can pull the plug anytime they want, but for now anyway the fed is there. Mean . T does that they are tapering 10 billion immediately. Youre right, that is what the market thinks. I do not think they have it priced in because the market says as long as we are near the highs the fed tapers. If we go down 10 somewhere during the year, it is all bets are off and this fed. Tapering. Why does the market think this . They have tried to stop quantitative easing. Theyre willing to bail us out, and perhaps this market will continue with outside. If that is the case, lets turn that around. If Richard Fisher is right and ifthe fed has got resolve, the market falls 10 of and the fed says we are staying the course where were going to taper 10 billion after 10 of it could get really ugly. I do not think the people expect that if the market goes down. I think they like them to stop. Always good to see you, always good to hear your perspective. Lets get over to these yahoo numbers. Olivia sterns me with an update. Alibabas numbers are out here, and looking pretty good. Lookey look a what they great, and they are the reason why so many analysts told you what is yahoo with of it is worth the 24 stake alibaba. It more than doubled in the final quarter of the year. Revenue cover the previous quarter was up 51 , and this past quarter up 66 . That is great news for yahoo . What happens when ali baba is not there to have out . That rings up the question of what is the company worth. We are expecting that ipo soon according to a Bloomberg Survey of analysts rate the latest valuation was an average of estimates of what the valuation could be is 153 billion. Bloomberg has learned that they made salvageable percent stake alibaba, but if theyve own 24 and theyre making this much money this is very good news. Thank you so much. Before you take out the may issue of cosmopolitan, you might what you find out i what the editors has about one and succeeding in business. White houselection is calling attention to the inequities in gender a of the gaps . While there is a dispute on how large that gap is, there is clear evidence that women are underrepresented in the top ranks of corporate america. Joining me with some ideas of just how exactly we can change this, we can pick is, the editorinchief of one of the most influential and often on commercial magazines of the last halfcentury. Cause joanna coles. When you look at the top ranks of management, they are not being represented. What is going on . Or politics, or higher education. Are going into education in bigger numbers than men. What is interesting is that the last year to accept, which are raising issues about whether or not women are holding themselves back. We have the 70s, the 80s, the 90s were this was a patriarchal oppression oaffair, where then Sheryl Sandberg encourage women to lean in and make themselves heard. Theyonfidence go to the need to begin to speak up to be heard and to take their place at the table. Tomight that then transition having a bigger role in management . Women just need to be more vocal, they need to be pushy or they need to be stronger in order to get to the top . One of the clear things is that if you look down at the of any business the diversity of the board level and the high Management Level has a direct impact on the bottom line. And thanks is this is more successful to have 30 diversity in the top management. That is the first m essage women and men need to know. There are all sorts of studies and science which those look six language show why women are more reticent to put themselves forward for more money. Men feel 100 confident when they go for new joke of and women only feel 60 confident. To promote ats woman, she says i dont know if im ready, the man says when can i start . That sound like a society problem. That we need to be asking and expecting more. Women find it very hard to ask for more. They feel like women and others will not like them, that it will upset the ecosystem in the office. What were drinking do is make people aware of it. Our careerserg took editor, and we have had tremendous response to her advice on how to use the wii word instead of i want more money, we could do this if i come on board at a higher level. It is a very interesting article. Im quoting here from a recent article in cosmo careers where she wrote for you, she says that chart hardcharging women still hold a complex place in our culture. They violate unwritten rules about what is acceptable commercials will acceptable, social conduct. Do they need to take the gloves off because they want to save this is what im going to do for my career . Very few images of powerful women in popular culture. Something like modern family, hugely successful, hilarious, very funny tv show. Theres only one working woman good and it is not very modern because most people actually do have both people working in a couple. Constantlyis assailing that. It is hard to think of positive images in popular culture, and if you cant see it you cannot be at. Be it. We have gotten together to try to show more important images of women. At the end of the day, if youre a wife and a mother, society and personally one sort of puts those things first. As opposed to a career, a job. I do not think we should be in the position of putting anything first. Men want to spend more time with their families too. They do not want to be in the office until midnight or 8 00 p. M. They often feel miserable about not spending more time oh with their family. Thank you. Coming up next were talking about google glass that goes on sale. The roundup, for these are the stories that we are tracking ahead of morrows open. Olivia. Julie and if youre looking for way to spend your tax refund but google might be able to be a bit of google glass is now on sale to the public. The only problem is that of will bust you 1500 the only problem is that it will cost you 1500. The oneday sale is part of the google explorer program. Today is a chance to get a chance on one of those devices. Can you see me and those . No. I am not the audience for them, i are only have regular glasses, i cannot have additional you can get prescription google glass. Too many screens. This will be the next thing that people will get addicted to. It is just coming. Were been talking about it all the time, but what exactly does the thing do. I was trying to research what it does give and it does a lot of the same thing that it does your your phone does, and it is like a siri. Turn by turnyou directions, and it is also a platform so there are more apt that are being developed all the time that will work with google glass. You can tell it to take a photograph and two uploaded to twitter or facebook. Those are things you can do now, but you do not want to hold in your hands. Do you want it right on your face, right in front of your eyes so you are always . That is the future of wearable devices. I would rather have it on my wrist. Thereve been several reports of people having glasses ripped off their faces. Burning your brain, that is the next step. Investment bank is the latest to take the ipo plunge. Is the new sevenyearold Company Public today while structuring the sale to ensure that he retains control and a lot of the proceeds of the firm. They could raise as much as 212 million. Investors are being asked to reward the rain makers. To make a onetime payment to partners. This is notable because this is the First Investment bank that has come public since the financial crisis. You had ever corker greenhill, those were way back. S the markets look at wheny as they did in 2007, we saw that first wave of ipos and i all went downhill. That is the big debate. These guys have 28 times earnings just like ever core and greenhill. It makes me nervous when an investment banker takes his Company Public. And when he takes all the money. Union workers will be marching in San Francisco twitter had orders to give it a bill for tax breaks three years ago in order to stay in the city. The tab according to the unit 66 million. The tax revenue was given away will city Officials Say twitter and other companies that moved into the blighted midmarket restrict their intemperance is go might have left the city if not for the payroll tax exemption. New employees will basically get this tax roll exemption, and it was all designed in order to attract companies. I would say, number one, San Francisco, unity and, unions, they love to complain, but they might not have anything to complain about if twitter had not done so well. They are 17 companies down there. What is the problem with a hightech firm . Is not just about twitter and about the fact break it is this ongoing cultural clash and cultural issue that you have in San Francisco between the tech workers there and the rest of the population who have not necessarily benefited from the riches the Tech Industry has brought. This is a reflection of that ongoing issue. It is the google bus. They have become a target. It seems like the latest frontier in this ongoing battle about tax policy and inequality and to what extent are tax policies wealth thatut the twitter has created, think about the jobs that twitter has created a all the companies that have come around them that do not get the tax benefits. There in that area because twitter is there. Somethingalk about decidedly low tech. You may want to skip this shrimp scampi. Just hit a 14 year high because of a disease that shrimp population. Rely on eateries seafood to lure christian diners during lent season. Shrimp. Lot of we eat 3. 8 pounds of shrimp a year. It is twice what it was in 1984, per person in the united dates. In the united states. Expensive. More i love that popeyes has a good allocation thing where they of getting worse off because the shrimp that they are benefiting on lower ticket prices for their having to so it is just evening out for them. For red lobster it will cost 30 million. You will not be seeing and list shrimp promotions from these chains. Unless you have chicken you can offset with. I like ticket. Chicken. Thank you, we will leave it there. It is all fun and games next on street smart. , exactly one year ago today street smart like the rest of the nation was trying to make sense of the tragedy that was unfolding at the finish line of the boston marathon. Since, bostonhs has beat up at security with an Artificial Intelligence system called eyesight. The software is already in place, cap and the Company Behind it claims it is so effective it can sometimes detect crime before it even happens. Adam johnson went to their headquarters in houston to learn more. April 15, 2013. , butn is hit by not one two bombs during the marathon. Boston Police Called behavioral recognition the dems asking but a new type of crimefighting technology because we developed an advance artificial technology. Is a former secret Service Agent of and now the president of brs. They can analyze camera feeds in realtime, learn what is typical behavior, and then send an alert when a spot of thing out of the ordinary bigwigs are system will our system will find things you would never thehink of. It has taught itself of what to look for. Lets put this to the test. We the camera set up in the hallway. Walked toward the camera. Now the question is, how do i set this off . Still the printer. Stealingg the the computer. In a lot of cases you can see something that is a precursor of a crime. Poking around with a should not big of a should not be, going around and looking at the back and as those of building. It is like minority report. . Are recognizing a precursor pattern that may be associated with a crime. More with privacy concerns. Not our Technology Approach to collect any personally identifiable information that is not information that our customers are using when they deploy our software. Click the Video Surveillance industry has expanded tremendously since 9 11. . 5 trillion have been spent on Camera Security system to seek out dangerous. To stay, andere the hope is Artificial Intelligence can help prevent another boston bombing. Really interesting. I am joined by our bloomberg to contributeer editor who was the Deputy Commissioner of terrorism for the new York City Police department, Richard Falco cunrath. , we were here one year ago, and all of the changes that were implemented since 9 11 and very public places, across the country. Have we done enough since boston to make sure that Something Like that does not happen again . One of the things about this business as you can never do enough. It is a continual effort to become more ready, to work within our Legal Systems to make sure that we stop these threats. People cannot be complacent and rest on their laurels and say we have done oa lot. How much is technology and human intelligence important . It was almost all human intelligence in the case of the boston bombing. There was some information in the system provided by the russian government to be at the eye that was improperly processed and did not lead to Early Detection of these two bombers. There really wasnt a Technology Signature before. And thenology kicked in media aftermath where it was vital for piecing together the plot in the midst of the chaos. Can we ever become too reliant on that . It is a danger. If we were to just take the Technology Approach we would be weak and other areas. Is a veryytics important piece of the public, there are a lot of different vendors and solutions out there, but it is no means a sufficient. Cities seen this as a wakeup call that they need to be more vigilant going into big citywide event . It is only noble in the aftermath of an event. That is another problem with this business is that you only know how good you are after you have stopped an attack or experienced one yourself and seeing how it goes in the immediate aftermath. Boston is going to be having a marathon coming up, people are very excited to have and there is a perseverance and a resilience they are the people of boston. What are they doing to change and improve Security Issues . We saw here at the new york marathon before hand. They have much tighter security and the look of a theyre doing package screening for the people coming into the immediate area. The security at the marathon was reasonable a year ago. Was very strong, which was the emergency medical presence at the finish line. This couldve been a worse attack in terms of casualties had it not been for all the medics who were prestaged in that area because of the marathon. In some respects, we were lucky that the death full was not even higher. . Were looking forward to a fun and events less marathon there in boston. Ands get over to fox to get a look at aching stock. Those vehicles in the General Motors massive recall, some are having problems getting their cars repaired. Many dealers do not have replacement parts. That is what Richard Blumenthal says he is looking for dealers in his state. We will have something to say to mary barra. ,etter, faster, more engaging aol joins the content wars. Meets the president of the lifestyle brand, and find out what is this premier video experience . Find out more on taking stock coming up next. Time now for toy story. Ambitious doll named barbie, editing and Janine Torres and a tank engine named thomas. The company barrister release its First Quarter results, and we take a look at powerhouse brands. 84 years for fisherprice. That is it for street smart, tomorrow we have executives from three major car brands. I will see you right back here at 3 00 p. M. Eastern. Pass theapproaching 56 argument that means a Bloomberg Television is on the market. Look at where stocks closed at the session, and it was a little bit of an odd one. Ne started the day higher the eight outer, and then squeaked out a gain. The date you look at what happened in the treasury markets there was a little volatility there as well. Buyingly we saw a lot of of treasuries, yields pushing lower than that reversed on the shorter end of the curve, the 10. Ear note finishing down data on inflation, consumer inflation to be exact. Adam johnson takes a loser look closer look. Consumer prices kicked up a little bit higher, but do not celebrate just yet. Let me show you where we are in Consumer Price index. Are is this little up tick, tiny move that we got here today. Problem is that the target is two percent of and you can see what has been happening. We have a generally trending lower. You want a little bit of inflation, that because that says there is growth. The u. S. Is not alone in that situation right now where there is not a whole lot of growth. From the u k, lowest inflation in 4. 5 years, in japan population contracts for the third year in a row, and in china total lending falls 19 . Rowthoad globally g globally. N a pension fund or endowment retiree evidence needs problems. Up three percent, all five of etfs areme related up this year. That is this common, there are the yield. S, veryte bond income oriented type companies. ,eal Estate Investment trust the vanguard etf. They all have the yield, they all have returns, rates might be staying over longer because of low inflation and low growth around the world but you can still try to find some income. There is adams insight and action, we also have one with chris who is the managing partner and founding principal at eight you are apple capitalnt aqr management. He had some advice for longterm investors. Two of the biggest things that have worked over the very long term our Value Investing and oddly enough, something that has not worked recently but longterm, momentum investing. Combining those works a ton better than either one separately. Combineds his advice, momentum with value. An interesting strategy there. I am julie hyman. This is taking stock for tuesday, april 15, 2014. Im pimm fox. Todays theme is delivery. In just a moment ill going to be speaking with senator richard bloomen that will, a democratic from connecticut. Hes upset at the pace of the General Motors recall. Hes going to react to g. M. Chief executive who says that recall parts are being shipped o dealers as soon as possible. Also ill introduce you to the president of aol. Com which is releasing the new video format for its st