comparemela.com



equity right now. five major mortgage lenders today reaching a landmark settlement with state and federal officials over foreclosure abuses. i'll be talking with one of the key white house officials behind the deal. housing and urban development director shaun donovan is here today. the dow jones industrial average up about 7.5 points, well off the highs of the day. volume once again on the light side. 12,081 last trade on the dow. the winner on the session, nasdaq at 2,927. the s&p 500 flat on the session, up a fraction, 2 points at 1,351. let's get to bob pisani right now. he has the details on today's market action. >> we had very good news today. in fact, i enumerated five reasons why the market should have been up today. let's go through them. i think this is good news overall. we had a tentative greek deal, let's not go further than that. we also had good jobless claims. apple was up 4%. bank of england is pumping money into their company. if this was four months ago, the dow would have been up 200 points today. yet, fairly flat on the day. people keep saying, bob, we've had a rally, we've had it every day this year, every day the dow's been up fractionally. the s&p up 7%. nice move up with the nasdaq. and the russell 2000 small cap index up 11%. everyone keeps pointing to the apple juggernaut. the reason we keep seeing the tech stocks move up. there's a lot of truth to that. up 22% this year. nasdaq 100, 100 tech stocks, 15% of the weighting in there. that's how big it is. in the gains in the nasdaq 100, 25% of the gains this year is due to the one stock, apple, of course. remember, the russell 2000 is a small cap index and that's not due to apple. the home builders today, big moves up, continuing in the home builders, a couple points i want to make. the mortgage settlement increases, or at least people believe it increases the chances banks will be more interested in lending on mortgages and mortgage loans. let's hope that that is the case. secondly, a lot of comments about the unusually warm weather in january. what's it mean? starts seasonally adjusted, the start numbers that may come out in a month or so may be a little bit higher than people expected. finally, maria, i want to bring in linkedin here. they've been gaining market share from the traditional, i guess you would call them like job board sites, like monster. can they continue to gain market share. >> we'll listen to that. the stock has traded well. >> $45, went public, back in may, as i recall. $75, $76. >> staying with groupon, staying with social media as well. we'll be watching the space. thank you, bob. the other business headlines we're covering tonight, as bob just told us, greek political leaders have reached a tentative deal aimed at another package. offering 22% cut in the private sector minimum wage. 150,000 job cut in the public sector by 2015. and getting rid of permanent jobs in state enterprises. expecting to vote on the package this sunday. in italy, italian prime minister mario monti will join me tomorrow here at the new york stock exchange. please join us as well. president obama, meanwhile, calling the $25 billion settlement between the five biggest mortgage lenders and 49 states on foreclosure abuses, a landmark deal. all have agreed to pay to reimburse homeowners and overhaul the industry. hud secretary shaun donovan my guest at the bottom of the hour. hope you'll join us for that. the house passing a bill banning congress and the executive branch from insider trading. yeah, just today this is happening. it now goes to a house senate conference where some lawmakers are expected to push for a provision that would require so-called political intelligence firms to register as lobbyists. we'll have the details on this controversial provision in the next half hour of the "closing bell." the fbi has released a dossier on the late apple co-founder steve jobs. those files were compiled for presidential appointment by president bush. they said he experimented with drugs while in college. they question his honesty saying jobs would twist the truth to achieve his goal. much of this is in the book that was recently published. not much enthusiasm from investors after greece's political leaders came to that agreement on austerity measures. the market showing once again low volume. the major indices modestly higher for the day. the dow up 5% on the year. nasdaq up 12% year-to-date. s&p 500 showing a gain of 7%. our next guest says the robust performance we've seen year-to-date, he said he has the strategy to protect your portfolio. good to have you on the program, gentlemen. thank you so much for joining us. >> thank you, maria. >> let's talk first about these gains year-to-date, ben. to what would you a tribute the moves in equities? is it justified? >> i think that it might have gotten a little too far ahead of itself. we'd a tribute it to less risk, the things we were worried so much about in the summer and early fall are now a lot risk of a credit contagion turning into a credit freeze in europe. less risk of a u.s. recession. and also less risk at the tightening policies in the emerging markets, that they would turn into a hard landing. it looks like those economies are slowing down. but they're still very high growth rates. >> do you agree with that, jeffrey? >> i do. i think we've seen all the makings of a time here where the equity risk premiums fall. in the tactical sense, it's possible, but we have to keep in mind that valuations are still pretty reasonable. our measures of risk appetite have not really moved to levels that we would consider at all dangerous. in that sense, i think there's still support for markets here. >> support for markets, so where do you want to be exposed to if you want to put money to work in equities? >> my sense is if global markets are regions to think about, if we're right about the growth market improving around the world, valuations are pretty attractive there. as far as sectors are concerned, we've taken a little bit of a cyclical risk in our portfolio this year. our favorites are technology and industrials, and overweight to health care. >> the emerging markets? >> yeah. >> how do you tap into the emerging markets? are you doing it through etfs or specific companies? >> i think the direct exposure is really the best pure play. there is a premium to a lot of the stocks. in many cases it gives you more defensive sector exposure like consumer staples. given the etf exposure or direct access and valuations where the markets are, especially in asia and some of the bigger markets seems tob the right play. >> ben, how do you want to allocate money looking at the u.s. versus emerging markets, versus africa, i'm hearing a lot about europe, tell me about that. >> we're overweight u.s. large cap. we think the economy should benefit them. we like emerging markets. we're overweight there. the only thing about emerging markets we're concerned about is regional allocations. we would rather see emerging asia and latin america. we're underweight central and eastern europe, because they're suffering from the same kind of bank issues that western europe. >> how do you tap into it? >> we do it through individual companies, managers that make those decisions as far as regional allocations, and what stocks to buy. >> we'll leave it there. gentlemen, great to have you on the program. thank you so much. we appreciate it. jeffrey, ben, we'll see you soon. julia boorstin has the news on linkedin. >> yeah, maria, linkedin beating both on earnings and on revenue. linkedin coming out with earnings for share of 12 cents compared to expectations of 7 cents. revenue coming in at $167.7 million, higher than $160 million in revenue that was expected. i think there's going to be a lot of attention to the full year projection. they expect the 2012 revenue to come in at $840 million and $860 million, higher than what wall street was looking for. a quick stat on hiring, the company is hiring revenue has grown 136% over the year-ago quarter to $84.9 million. that's also higher than wall street was expecting. i think it speaks to the strength in the job market and linkedin is strong there. revenue more than double the year-ago quarter. >> thank you so much, julia. he is increasingly optimistic about investing in north american companies. scott sperling is with me talking about the industries he believes provide the biggest opportunities right now for private equity and investors in general. shaun donovan with me, responding to critics who say the $25 billion mortgage settlement does not go far enough. as we head to a break, take a look at some highlights from our guests on air today, all day, on krerks nbc. >> greece is the size of delaware. the size of delaware. this is what everyone's talking about. greece is the size of dale wear? do you really think it will have an impact on the world? and the government of france and germany have been saying for years, they've been so critical of us for letting lehman brothers fail. they said there's no way we're going to let greece take down the euro. >> two-thirds of the consumption. the good news is people get up every day and have to buy a new pair of sneakers and have breakfast. but people aren't going to grow their consumption faster than income right now. we're not going to grow household balance sheets. >> the markets are basically chopping sideways. crude $95 to $105. look at gold, $1900 to $1500, sideways chop to $1700. another major market right now, the japanese yen, $130 handle for months right now. >> the taxpayer has made probably $150 billion on the housing crisis, or the financial crisis. so when you call it a bailout, if you were warren buffett putting the money in, you wouldn't be calling it a wouldn't be calling it a bailout. welcome back. i'm seema mody. another exciting day following tech here. not only are investors putting money into tech, but corporations paying hefty premiums in their respective industries. oracle buying taleo. aside from that, a slew of earnings to help the tech index. the fourth quarter profits topped wall street estimates. google is developing a home entertainment system. cumberland pharmaceuticals, u.s. regulators approved a patent for a new formulation of its liver drug. shares soaring in today's trade. >> thank you so much, seema. even as the u.s. continues to struggle with its own debt issues, the next guest, scott sperling, co-president of the thomas h.l. partners, his firm one of the oldest and experienced private equity firms. one of the nation's leading bayout fund organizations with more than $22 billion on management. it's good to see you again, scott. thank you so much for joining us. >> good to see you. >> let's talk about what's going on in america and why you are increasingly optimistic here. >> the united states is becoming increasingly competitive relative to companies around the world. and this is happening for the first time really in about 10 or 20 years, where the ability to ex employed very low cost energy is allowing us to offset the fact that we have higher wage rates, and that we sometimes have less flexibility in how we deploy those employees in other parts of the world. so you saw an exodus over the course of the last 20 years, as the united states has had to deal with those competitive disadvantages. now we've regained some of that cost parody, and we believe that that's a long-term secular trend that will allow the united states, if the political overlay doesn't get in the way, to regain a level of competitiveness that will result in more job creation. it will result in being able to see jobs not just in those core energy industries, but the studies we've seen would suggest there are five or six jobs created for every job that's created in that industry. >> that would be obviously very positive for the united states. let me get your take on europe. of course, we're talking all day about the austerity measures being agreed upon in greece. how have you been investing given the europe situation? you had been an investor in europe in the past. >> we have. mostly on a rifle shot basis. like companies in germany. but we see, as i said, more opportunity here in the united states. europe is challenged in so many different ways, that even if you don't see a collapse, which i think that they're trying very hard to avoid, you're basically in a period of stagnation that's going to last quite a while. their inability to be able to pay for the social infrastructure, social welfare infrastructure that most of those companies have put in place makes it very difficult to achieve growth. the one thing that we know we need, and that has always worked for us in the united states, is to grow our economy. when you grow that pie, when the gdp grows an extra 100 basis points or 1%, you actually generate more government revenue over a ten-year period than you can by doing any of the cutting, or any of the tax raising that either side is proposing to do. >> do you want to avoid europe then? given what's going on there? >> again, we're highly focused on the north american. >> let's talk about north america. where are the opportunities? >> we think there's a pretty broad set of opportunities. we're not actually direct investors in the oil and gas area, so i'm not making the comments i am because we're investors there. but we are investors in a number of different sectors that we've been highly focused on for 30 years. and that would be business and financial services. we think there's enormous opportunity, particularly in the business service side as the economy continues to rev up. we're investors in consumer and health care. and we think particularly on the health care side, we see enormous opportunity in companies that serve health care companies. they're able to do certain tasks better and more cost effectively than a pharmaceutical company has been able to do for themselves. >> because of technology? >> because of technology, and because of focus and scale. a company like inventive can provide clinical work for big pharma. it can provide sales force supplements for those companies when they want to detail a new product, or reintroduce an existing product. and it can provide a whole set of services, more cost effectively, but also better than some of their clients can. and therefore, for us, we're looking at both a growth trend for that market as well as being able to create one of the more effective competitors in that faster growing market. >> do you see opportunity right now in technology? for example, would you buy into facebook? >> facebook is a phenomenal company. i don't think you can say facebook is doing great, and therefore, everything in technology is worth what facebook is worth. but we have been an investor in information services. and related media plays for very long period of time. in fact, we were probably one of the earliest buyout firms to invest in technology companies, when we bought the tro credit and information business back in the '90s when we did the learning company, which is a software business back in the '90s. we have a long heritage in that area and we continue to look for opportunities in the software side, and also in areas that utilize technology in order to perform a service for its customers. >> i guess i asked about facebook, because social media as a trend seems to really be in vogue. i wonder if you thought maybe things were getting overdone in terms of valuation. >> again, i think what is facebook worth? it's worth a lot. is it worth $100 million? other people will have to answer that. i think the key is, facebook, it's not unique, it's one of -- less than a handful of companies that has that kind of power. and that kind of growth potential. and that ability to drive profitability. trying to extend that multiple, out to other parts of the world, is something i think we all need to be careful about. >> scott, good to have you on the program. >> thank you very much. take care. >> scott sperling, co-president of thl partners here with us today. tessla motors set to unveil its first suv. we'll talk with their ceo about the new vehicle. but first, brian shactman. >> put on the $400 true religion jeans, grab the apple iphone. go to your computecomputer. we'll give you the results of the earnings and how they're the earnings and how they're trading right after the break. lt simply repeat history. linkedin making news in the after-hours session. >> it's up 4% in after-hours. revenue slightly above consensus. full year guidance looks good. looks like the second half of the year will be even stronger. true religion, the stock was halted. now seems to be trading, it's down 6%. here's the deal. their jeans cost about the same amount as a round-trip ticket to l.a. they missed on guidance, you name it, the stock is trading down. activision blizzard, revenues were strong. the stock's only up 1%. i'm being told everything was good on one end, buying back stock, increasing the dividend, but their guidance is not great. that's what the drag is of the th why it's not up more than 1%. nuance communications, we talked about that, the company buying apple's voice recognition. it might take a bit of a pause now, down 10%. leapfrog has been hopping to 100% gains in the last six months. the stock's down 8.5%. eps guidance is not great. the guidance on leapfrog, numbers are good. expedia, that stock down 7.75%. big drags in earnings after hours. pitney bowe, stock went up initially. now it's kind of down. guidance hugely wide range. let's see if pharamerica. great report, guidance well above consensus up 5.5% for brooks. >> thank you so much, brian. up next, first on cnbc interview with hud secretary shaun dono n donovan. find out how homeowners will be helped by the mortgage settlement. tomorrow join me for an exclusive with mario monti, what steps he's taking to combat his country's debt issues. back in a moment. bob pisani down on the floor of the new york stock exchange. take a look at linkedin, still managing to put great numbers up. guidance well above expectations. looks like they're continuing to take market share away from the traditional board sites. the s&p 500 only 2 points today. that's not that great, but every day, for almost a month, it seems to go up a little bit. s&p 500 up 7% so far this year. maria, bottom line is, we've got a rally going. just a little bit every day. >> all right, bob, thank you. we'll watch that at 12,890 on the dow. after several years as an automaker cranking out roadsters, tesla will unveil the model x later this evening. now to talk about the tesla is the ceo, also with us phil lebeau. thank you so much for this interview, take it away. >> thank you, maria. we are out here in the los angeles area for the unveiling of tesla's first suv, the model x, later tonight. we'll have more about that in just a bit. i want to ask you about the model x behind me. this is what wall street is focused on right now. >> yeah. >> this is still on schedule to come out the middle of this year. there was some speculation you will not make that target. are you on that schedule? >> we're very confident to start delivery the middle of this year. more than 8,000 people have put down a deposit. you'll get your car in march of next year. but the rate at which we are receiving deposits has increased every quarter. if you're interested in boying a model x, you should put down your money right now. >> you're selling the top of the line version right now, which i think the base price is 80, 84? >> that's not quite correct. the first deliveries will be the top line version. but if you place an order now, and you get delivery, say, in march, you can have any version. >> one of the things that wall street is speculating on is, can you hit the 20,000 annual delivery target on the model x and can you hit 15% profit margins? there's more than a few in the auto business that say i don't think you can make it. >> i feel very confident about three things. that we'll start production no later than july of this year. that we will hit -- we'll produce at least 20,000 vehicles next year, and we'll have growth margin of over 25%. >> gross margin? >> gross margin. it's a little more difficult to predict because it depends on what we spend on product development. but the gross margin is a more solid number. >> we talked to you at your ipo last year, or the end of 2010. there are a lot of people who look at this and say the rest of the industry was whacked, the tesla was not whacked. have the investors gotten a little too euphoric about your prospects? >> i think investors are actually, you know, pretty much on target. and in fact, it's interesting, the stock is up 63% despite the fact that we're the third most shortest stock in the nasdaq. we tend to have a lot of people who are huge fans and a lot of people who just hate us. i'm hoping over time we can convince some of the people that hate us, to hate us less. >> the ceo and founder of tess la, on a day, where there are people out there who hate tesla. we're showing you the model x later tonight on cnbc.com. very interesting combination of upscale luxury suv, and a minivan. maria, back to you. >> phil lebeau, thanks so much. the battle between two billionaires in las vegas. >> i'm jane wells in las vegas, where two members of the billionaires club battle it out in court over how hundreds of millions of dollars have been spent at one of the world's most famous casino companies. up next, hud secretary shaun donovan discussing what homeowners can expect from the mortgage settlement announced today. ttd#: 1-800-345-2550 let's talk about how some companies like to get between ttd#: 1-800-345-2550 you and your money. ttd#: 1-800-345-2550 at charles schwab, we believe your money should be available ttd#: 1-800-345-2550 to you whenever and wherever you want. ttd#: 1-800-345-2550 which is why we rebate every atm fee worldwide. ttd#: 1-800-345-2550 and why our mobile app lets you transfer funds, ttd#: 1-800-345-2550 execute trades, even deposit checks just by ttd#: 1-800-345-2550 taking a picture, right from your phone. ttd#: 1-800-345-2550 so talk to chuck and put those barriers behind you. ttd#: 1-800-345-2550 our machines help identify early stages of cancer and it's something that we're extremely proud of. you see someone who is saved because of this technology, you know that the things that you do in your life, matter. if i did have an opportunity to meet a cancer survivor, i'm sure i could take something positive away from that. [ jocelyn ] my name is jocelyn, and i'm a cancer survivor. [ mimi ] i had cancer. i have no evidence of disease now. [ erica ] i would love to meet the people that made the machines. i had such an amazing group of doctors and nurses, it would just make such a complete picture of why i'm sitting here today. ♪ [ herb ] from the moment we walked in the front door, just to see me -- not as a cancer patient, but as a person that had been helped by their work. i was just blown away. life's been good to me. i feel like one of the luckiest guys in the world. ♪ my high school science teacher made me what i am today. our science teacher helped us build it. ♪ now i'm a geologist at chevron, and i get to help science teachers. it has four servo motors and a wireless microcontroller. over the last three years we've put nearly 100 million dollars into american education. that's thousands of kids learning to love science. ♪ isn't that cool? and that's pretty cool. ♪ welcome back. earlier today we heard from new york state attorney general on the mortgage settlement. the deal with five of the biggest mortgage lenders of 49 states throughout the nation, encouraging lenders to negotiate lower rates with existing borrowers and even lower principal amounts. some say it doesn't go far enough. secretary of the hud hud, mr. secretary, good to have you on the program. thank you so much for joining us. >> great to be back. >> walk us through this. how does this help homeowners right now? >> well, clearly the most immediate benefit is going to be about $35 billion in help to homeowners, through refinancing homeowners that are underwater, by helping those behind on their payments get principal reductions. this will be far and away the largest principal reduction since this crisis began. that's immediate. but in the longer run, we have a cloud of uncertainty hanging over our housing market, with no clear rules of the road about how to foreclose, how to service mortgages going forward. and so one of the things that's critical here is lifting that cloud of uncertainty and creating a single set of servicing standards that homeowners and investors can rely on as we go forward. that covers all mortgages, fannie and freddie, as well as private level, fha and help for investment loans. >> some people saying, sure, it helps, but it's not going to get me my home back. what do you say to those that say this settlement does not go far enough? >> first of all, somebody who has lost their home does have recourse to be able to come in and get help. there are two different ways to do that, that exist, and those folks can go into court, can sue, they have all their legal remedies available to them. i think there is real help available to those homeowners. to those who say it doesn't go far enough, i think many miss the point that, look, we had a crisis that caused hundreds of billions in damage. but really, it wasn't the servicing practices that created the bubble, or popped it. it was really -- they made it worse, but it was really the origination and securitization issues that were the most serious. and that's why we've begun an effort with the attorney general you talked about earlier to make sure we're in a joint way pursuing those, and trying to resolve those claims, so that there's not only real accountability, but there's help for homeowners and the housing market more bradley. >> speaker john boehner said none of the administration's efforts have gone far enough, in his words actually, had much effect at all. the president himself actually acknowledged that they haven't had the effect that he had hoped. so how do you ensure that the system is actually better protected from this happening in the future? >> well, first of all, speaker boehner should go talk to the 5.5 million families that are in their homes with lower payments today, thanks to the actions that we've taken. and the number of people falling into foreclosure is down by about half from the time the president came into office. and so we have made real progress. and talking to the homeowners would tell him that. what the president said was, we need to keep moving. we need to go farther. we haven't helped as many people as we would have liked. and that's why today's action is so important. at a moment when much of the country believes we can't do big things across party lines, and geographic lines anymore, this settlement says, hey, we can get together, 49 attorneys general, republican, democrat, east coast, west coast, middle of the country, and agree on ways to help the homeowners, and we don't need an act of congress to do it, and it doesn't cost a dime to the taxpayers. in fact, it's going to bring money back to the taxpayers because it's going to help to inject money into the fha fund and to other federal agencies. >> what's your take on why this has taken so long to recover, this entire industry? it's pretty extraordinary when you look at how long it's been, that home prices are still coming down as we speak. i recognize that you're talking about a huge industry that plummeted badly. so we were coming from a very bad place in the first place. but why has it taken so long to recover? >> let's remember the crisis we had. >> that's what i just said. >> when we walked into office, we had 30 straight months of house price declines. if you look overall when the president came in, home prices are roughly stable. they went up the first year, they've been down a bit the second year. and this past year. so roughly stable. that's improvement. but the bottom line is, you don't recover from this kind of crisis overnight. we do have far fewer people falling into foreclosure. i think this settlement today will help to lift that cloud of uncertainty, make sure more homeowners can get more help, drive down foreclosures further, and i think that's going to help prime the pump to make sure not that we're just stabilizing the market but it can recover more fully. bottom line, too, is the -- one of the best housing policies is the jobs policy. and that's why having the kind of job numbers we've seen, we've had some better signs in the housing market in terms of construction, housing starts, permits, sales, those kind of numbers are improving somewhat. and we need to keep driving change, more jobs efforts, we've got to get the payroll tax cut extended in the next month. >> what would you say, what would your best guess be when prices stop falling? 2012, 2013 or beyond? >> most spectators, most analysts who look at the markets say we're likely to have a roughly even year, kind of in the 1% down to even range. i think that's a pretty good place to look. i think in particular, the predictions are in the latter half of this year, that we could see some real improvement. on the other hand, though, there are real steps that we can take to make it improve faster. today's one of the most important steps that we can take. again, we didn't have to wait for congress to do this, this is executive action that the president took partnering with states on a bipartisan basis, and it will make a real difference. >> we'll be watching. secretary, good to have you on the program. thank you. >> thank you. >> duncan brandt helped investors rake in the dough since going public last year. welcome back. the house of representatives passed a bill today banning congress and executive branch officials from insider trading. hampton pearson in washington with the details. i can't say it without laughing that this isn't a law already. >> when we got the final vote count, the house overwhelmingly passing the version on the ban on insider trading by members of congress, the executive branch and thousands of federal officials. the final vote, to underscore your point, maria, 417-2 in favor of that legislation. but republican leaders did add provision aimed at democratic leader nancy pelosi that bans lawmakers from using their positions to invest in initial public offerings. even more controversial, they wiped out registering political intelligence firms just like lobbyists. louise slaughter, was outraged. eric cantor responded. >> if congress delays action, the political intelligence industry the stay in the shadows just the way wall street likes it. >> the political intelligence piece is outside of this body, and we are talking about us, and the perception that it has gathered around our kun duct. >> and the most likely next step, convening a conference committee to work out the differences between the two bills. maria, i hope you're still smiling. >> it's just too much. you've got to tell us, who were the two that were against banning insider trading? >> i don't remember their names, but there was one -- >> what's the argument against it? what is their argument not to do this? >> basically government overreach. but specifically on the registering of the political intelligence people, that it was too broad. and my prediction is that what you might get out of the conference committee, frankly, will be a recommendation to study the idea of registering political intelligence firms. >> thanks so much, hampton pearson, with the latest in washington. we'll see you later. dunkin' brands closing in on the first full year of the publicly traded companies. reported an $11..6 million profit in the fourth quarter compared to $15.3 million loss a year ago. stock today was down about 2%. since the ipo, though, in july of 2011, the stock is up about 50%. take a look at this chart. the company is talking about expansion, both in product offerings in stores. joining me is the ceo of dunkin' brands. mr. travis, good to have you on the program. >> great to be back. >> how is business going right now? >> business is business. we just came off one of the best quarters in our history. we had a great year. our earnings were up about 16%. u.s. comps were up 5% on the quarter. baskin-robbins is coming back. on top of that, globally we opened over 600 stores. >> yet when you reported earnings, you said that u.s. same sales were strong in the quarter but disappointing. what was disappointing? >> no, i don't think i actually said that, maria. i was actually very pleased with our sales. >> you said that the sales abroad were es abroad were disappointing? >> the sales i said abroad were disappointing. not in the u.s. dunkin business struggled in korea. we are working very hard to work with the local management team with a joint venture. that will come around quickly. clearly when you look at the international business, baskin is the big brand overseas. we have a stellar brand and stellar performance and i am confident that dunkin international going in the same direction will get there quickly. >> let's talk about how you get there, mr. travis. of course your company is compared to starbucks all the time. no surprise there. they have such an amazing presence around the country. every corner you look at, you feel like there is another starbucks. you want to set out to double the number of stores over the next 20 years. where is the opportunity and how are you going to catch up in terms of the exposure of starbucks which is probably the prime competitor. >> our prime competitor is starbucks and mcdonald's. we are very aware of both of those. we have been strong historically in the northeast and grown away from the northeast and think we can build 3,000 stores east of the mississippi. we a very small presence west of the mississippi and intend to move across the country steadily. we are getting franchisees coming in to us who are the highest quality. i think the opportunity for us is just about everywhere. we think we can double the store base over 2o years. the performance of stores has been excellent. 80% have been built outside of our core markets of the northeast. we are confident. we have to build on that. you expecting coffee prices to go up. we have seen a big move in prices. are you going to be passing that on? >> we have done a great job of not pushing prices on to consumers. franchisees have been very controlled. they understand that dunkin is all about value. coffee prices, the commodity prices look like they are going to dip down. the overall basket looks steady for the year. we are confident that commodities are not going to be a big issue. i think our franchisees will continue to execute terrifically. focus on the great products that we keep bringing out for them. >> we will be watching. good to have you on the program. thank you so much. we are big fans here. see you soon. nigel travis joining us. up next, the latest details two r between two billionaire investors. stay with us. >> and tomorrow, he's one praise for efforts and explains how he is combatting italy's debt to avoid greece's bait. an exclusive interview tomorrow on the closing bell. as someone who uses insulin, i'm always looking for new ways to help me manage my diabetes. take a look at this. freestyle lite test strips? they need just a third the blood of onetouch ultra. really? and the unique zipwik tab targets the blood and pulls it in. wow! look at that! and you can get these strips for a $15 monthly co-pay simply by joining the freestyle promise program. alright! looks like i'm going to be testing and saving at the same time. call or click today and join for free. test easy. hyundai genesis. in a new, faster-acting formula. zero-to-sixty in less time than a porsche panamera s. the 429 horsepower genesis r-spec. from hyundai. tune in tomorrow at 8:30 eastern for the december trade balance. our last look, we had a deficit of 47.8 billion. the biggest in months. we are expecting it to grow towards 48.5 billion. 9:55 eastern. the university of michigan. february preliminary sentiment survey. our last look was a good one at 75. it was an 11-month best. we are expecting that to move lower. tune in. a big courtroom showdown in las vegas. jane? >> he cofounded wynn resorts and he sees hundreds of millions of dollars that has gone back years. robert shapiro of the o.j. simson case argues he does not have the right to sue for the information. the judge not agreeing for that and he is not agreeing that they are reasonable. hints that some may be back in court in two weeks. >> we will go back to the board of directors and consider that and the reasonableness of them and report back to the judge in two weeks as she asked us to do. >> every state recognizes the director has a right of inspection. i think that was a position of the court that was clear on today. we are pleased with that. >> what is this really about? >> that's about all i will say. >> sorry this about deal gone wrong in the philippines. >> you have to ask mr. wynn about that. he constantly raises that issue. >> steve wynn said they are going after the company because the two had a falling out over the decision to expand in the philippines. the next court hearing is the same day of a wynn board meeting. they put up the directors to replace those up for reelection this year. thank you. >> thank you very much. jane wells, one of the most prestigious golf course communities filed for bankruptcy that partnered with tiger woods in developing golf courses in north carolina after being overwhelmed by $50 million in debt. seeding control to a texas couple. we auction off properties to get the company back on track. there is an ap for just about everything these days. aren't there? now for mobile dating. not just online dating, mobile online dating. 14 million americans have given it a try and a new documentary, nbc news correspondent explores the leading edge of an industry that has gone mainstream. >> it's 7:30 on a tuesday night and 25-year-old alicia and her two friends are meeting for drinks in a popular new york city bar. alicia is a public pr agency rep and single and looking to meet someone. she is tech savvy andy and discovered a cutting edge smart phone application that puts online dating in the palm of her hand. >> i see you all have your phones in your hand. online dating is not just about sitting behind your computer with a glass of wine after work. you are doing it wherever you are. the best thing about having a mobile ap is when you have time for it. if you are at a bar and out and you are like okay, this conversation is boring or all my friends are paradox chatting, i will be like let's scroll through and see. >> for more on the 30 million singles who have taken their search for a mate online. look for the

Related Keywords

New York ,United States ,Japan ,Philippines ,Germany ,North Carolina ,Texas ,Delaware ,Michigan ,Washington ,District Of Columbia ,Mississippi ,Mimi ,Perifereia Peloponnisou ,Greece ,Point Maria ,Tawi ,France ,Italy ,Italian ,Americans ,America ,Greek ,Japanese ,American ,Mario Monti ,Pitney Bowe ,Duncan Brandt ,Warren Buffett ,Hampton Pearson ,Scott Sperling ,Nancy Pelosi ,Eric Cantor ,Los Angeles ,Julia Boorstin ,Maria Bartiromo ,Bob Pisani ,Seema Mody ,Shaun Donovan ,Robert Shapiro ,Las Vegas ,John Boehner ,Nigel Travis ,Porsche Panamera ,Steve Wynn ,Phil Lebeau ,

© 2025 Vimarsana

comparemela.com © 2020. All Rights Reserved.