Transcripts For FBC Markets Now 20131112

The markets suffered a correction. The more concerned some investors become. Despite this the next guest says investors should get invested and stay invested in equities. Hank smith is chief Investment Officer who manages 6. 5 billion in assets. Welcome and thank you for sharing your insights with us but i got to be the contrarian and the contrarians have been wrong since january saying Global Market will lose steam and get a correction and we havent seen it yet. Even julie we will so isnt it time to take profit . Eventually we will but at higher levels. Therefore you are not doing yourself any good. Lets forget that the market is up 26 this year and lets focus on this. The economy is expanding, profits are rising, Balance Sheets are in exceptionally good shape, we are flush with cash, valuations are reasonable, not attractive or undervalued. What is not to like about that scenario . Dennis in the past earnings season we have seen some companies missing on revenue. Earnings they are making coming from laying people off for finding efficiencies Going Forward they may not be able to get and if you are not selling that would be a problem Going Forward. The contrarian view on this. And europe is getting less bad. I might even argue we might have little bit of growth in europe in 2014. The emerging markets have bottomed out and are better than developed markets and the u. S. Economy continues to broaden out and might perform a little stronger in 2014 than it did in 13. All of that spells higher profits for corporations next year. Adam i will stop being a contrarian and ask about the article in the wall street journal. Should we be concerned . We have 76 billion flowing into mutual funds and stocks, largest amount that has ever flown in, that has gone into stocks in several years. That is a sign for some people to get out but you think not. Lets put it in broader perspective. Through 2012, years through 2012 you had 650 billion withdrawn from equity funds, persistently. Every month for five years with the exception of one month so this is just the very beginning of a reversal of a five year trend andovers that five year period ending 2005 you had that one . 3 trillion going into bond funds and they are not earning anything. This is the very beginning. I hate talking about the Federal Reserve when how to invest your money but this is what the fed wants, average janes to move out of bonds and wherever we have our cash sitting doing nothing and going to what some think is an inflated market but the only place to get any return. That is right. But this rally is not just a fat induced rally. It is also based on fundamentals. Fed policy has helped but the fact is you had tremendous Profit Growth over the past five years, tremendous Profit Growth over the last 15 years even during the decade of no return there was still great Profit Growth slowed this is a rally born of fundamentals helped by fed policy and yes, fed policy is allowing banks to repair their Balance Sheets and hopefully allowing investors to improve their savings. Adam not too late to get in on this rally. That is what you are telling average retail investors. In broader context we think we are in the middle innings of a secular bull market. There will be pulled back and corrections but if you are waiting for them you might be investing at higher levels. Adam i am a Cleveland Indians fan so be careful. All the best to you, hank smith. Webmac you like that reference. Peer come headline on oil today, expecting the u. S. To surpass russia and saudi arabia as the Top Oil Producer by 2016 and it is thanks to a boom in shale oil. Phil flynn of Price Futures Group is in the trading pits of the cme, this should be no surprise to you but we are getting some dates on this. Phil we are. We will party like it is 2016. It is already impacting the market. We are seeing oil prices making new lows as we speak, 93. 88, it is because of the shell gas production, we expect to build in supplies, supplies being a record amount for this time of year but that is weighing on the market so it is not positive but it is not just the u. S. It is more america, talking about brazil. What they said was impossible, north america to be a Major Oil Producer of few years ago is happening and if you put razil, the United States, canada, the biggest growth in Oil Production will be in north america. The biggest growth for demand is in asia and they are saying ten years down the road we will be talking about india overtaking china for the biggest demand but they are warning ten years down the road we will plateau on shell gas production. It wont happen forever but arent these the same guys predicting big oil . Maybe not. I dont believe that. Markets will keep us going. The other big move is natural gas, a six days in a row making new highs, people talking about the cold weather but cash markets around the globe, infrastructure is of big thing and even here throughout the country, trading at 3. 64 you go to new england on the algonquin pipeline, paid dollars, 1 million metric bp, a huge discrepancy, really got to get that inline with the rest of the country. Lori we are showing viewers here, what does that put the price at . That is historically cheap. It is historically cheap and not as expensive. Remember last winter it got cold and we got 4 for the. We are in that trading range. When we get cold weather we pushed towards 4 and back in that range but what is good about low prices for natural gas from a historic viewpoint is to stimulate the economy we are seeing new uses for natural gas, the demand is going up and not just eating. The other reason we are moving on the weather when we are producing record amounts is exports are going up, exporting a lot of natural gas not just places like mexico and that has been a big boon for our economy, good for imports and good for the u. S. Making some money. Lori thank you so much. Adam obamacare enrollment missed the mark big time from the target of 500,000 so now former president clinton is speaking out on americans who are losing their health plans. Rich edson is on capitol hill. President obama and president clinton may not be bestes now. Enrollment numbers, wall street journal reporting 40 to 50,000 peoppe have and will blow the administration refuses to say what the exact number is, they will give us that this weekend and the issue of the president s promise. Can you keep your Health Insurance plan that you had and you liked because of obamacare . On that front the president have lost a key ally. I personally believe even if it the president should honor his commitment the federal government made to those people. The white house is hamstrung on what it can do about the promise. Insurance Companies Plan to drop those plans, move those plans Going Forward and reinstating them would take months according to industry officials and could be very problematic. As for what else the white house can do to boost enrollment and get past the web site problems it is pretty limited. Very long look president can do about these enrollment difficulties, basically when you think about the possibilities, it is either speeding up enrollment somehow which seems next to impossible, the way things have been going lately, it could mean spending more money, giving people greater subsidies but that means going back to congress. Going back to congress to spend more money on obamacare, a congress that on the house side was bent on repeating obamacare the majority of this year and last year but house continues its investigation, House Oversight and Government Reform Committee holds its hearings on the web site and on friday the house will vote to allow Insurance Companies to reissue the plans they had rescinded. Adam thank you very much. Lori a new sheriff in town. President obama will nominate a Treasury Department official to replace gary gay antler, chairman of Commodity Trading commission. He is best known for managing winding down the 700 billion program known as t. A. R. P. Which was set up to help bail out troubled banks during the financial crisis. The nomination requires confirmation by the senate. Adam cybersecurity wwr continues, meant for stealing Online Banking information, hit new highs in the third quarter, a level not seen 11 years according to a report from trend micro, the security provider counted malware infections that banks from july through september of this year. The u. S. Was the most affected of all countries attacked, 23 of the new ones hitting banks on our shores. More people around world are spending big bucks to make sure they are safe in any situation. We will talk to the ceo who is bulletproofing vehicles for everyone from stevens the gall to the pope. Lori shoulder ring for good, find out what the retailer is doing to bring folks into stores this holiday season. Adam the largest home builder out with earnings this morning, what that company is planning to do if demand doesnt take a. Lori stocks down, oil trading on metals. 6. 70 to the ounce putting it below 1300 now at 1274. We are back after this. [ male announcer ] need help keeping your digestive balance in sync . Try align. Its the number one ge recommended probiotic that helps maintain digestive balance. Stay in the groove with align. Lori investors crying over spilled milk. Will get shares of jean foods, dollar and 0. 50, the ceo greg tanner saying of the dairymaker volumes are going to underperform for next year. Stock thinking the company will send off competition on names like walmart. Dean foods will launch a 0. 07 Quarterly Dividend as it continues to cut production in transportation costs. This after rebounding 14 in the last month. Time to check markets one more time. Nicole petallides on the floor of the Stock Exchange watching shares of americas largest phone builder. Nicole these shares came out with quarterly numbers and have a Conference Call, watching shares on the move here and this is a reported profit for the Fourth Quarter that jumped 39 . You see the stock up 2 , 18. 42 a share. What we did see is the orders that did drop, 2 drop in orders not bad considering Mortgage Rates have been on a rise and price increases for homes for sale and on the Conference Call they noted the increase in home prices may actually pull back a little bit, not that they begin to moderate to a certain extent until the economy improves and d r horton doing great and home depot dow component doing well today also up 1 at 76. 13 and home depot is the dow component, one of the names that has an up arrow despite the fact dowers down 45 points. Lori trying to get shopping done early . Not in my household. Best buy will get you in the lower. Electronics retailer giving out 10 use it on anything coupons. Shoppers helping lure you back to the store again. Best buy email the coupons yesterday and do good in stores or on line through december 24th, best buy offers another reason to celebrate, the stock is the top performer on the s p 500 index so far this year performing better in fact than netflix. Adam the merger between American Airlines and usair, getting reaction first from dagen as amr and usair resolved and settled government antitrust case. Bill the says it looks forward to the chance to acquire slots particularly at Reagan National airport which is said to be shed under the settlement, delta shares hit a 52 week high today. The growing market, gluten free sales in the billions and set to go even higher. Only a fraction of the market known as free food. Jeff flock has a closer look at that. Lori numbers are in. Details on which building is the tallest in the country. vo y. Maestro of proje management. Baron of the buildout. You need a permit. To be this awesome. And you. Rent from tional. Because only nationa in the ai. And go. 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Call 1800ishares for a prospectus, which includes investment objectives, risks, charges and expenses. Read and consider it carefully before investing. Risk includes possible loss of principal. Lori headlines from minneapolis, the Federal Reserve Bank President , one of the feds most of policymakers, the public dialogue about fomc risks are creating doubt and uncertainty about the approach. Egos on to say the fomc should enhance its communication about asset purchases and adopt goal oriented approaches and urges lower rates until unemployment falls to 5. 5 as long as inflation stays in check. Is in reaction to the debate rising. We will talk about that through the hour on fox business and inflation is 7 . Time to make money with charles dean, he is exploring car and Equipment Rental market. Why did this grab your attention . Charles it was hammered. I was looking at bluechip names the got hammered, earnings reports were oversold the previous hour. I talkedabout whole foods. It is in the same category. Look at the traditional valuation metrics, trading at 80 of sales, four times book, maybe the only area. They have all been scooped up and i got to tell you, it got hit pretty good and from its risk reward point of view, some looking at one of the big topics, people coming back into the market, and oversold bluechip type name this is the top of the list. Adam from the car rental side, what is it, national is National Charles it hurts the dollar, they have some other things and branching into the Equipment Sales light construction equipment, building equipment. On like that. They did 1. 5 billion, a nice space globally and certainly in america. One negative that stood out to me, 45 insiders sales for 1 hundred million shares. That is not a vote of confidence. Maybe they have nine hundred million shares but lets call it a yellow red flag if you will but other than that, 2009, everything melting down, this is a 2 stock. Others then that, mrs. Lincoln, how was the show . I have to wonder if there was Something Like if there had a small window and anyone could get out of would like to explore that more but was offset by the insider buys. There was one insider by for 700,000. Lori i. T. Replacing the fleet . Charles with the used car market up so much it was a nice sweet spot as well. By the way, what the fed guy just said i think they will go to 6 , no sign of inflation, deflation is a major problem. Lori it is duct tape, a new buzzword. Charles i got to tell you something. Lori the treasury market is demanding it, dining policy on its own. Charles deflation is a bigger problem. Lori he is coming up soon. Blog adam one in 12 children as a food allergy or other in tolerance of food. Many companies the beginning to produce what is known as free food to capitalize on the growing consumer base. Jeff flock is in illinois with more. Free from this, free from that. Phil jeff your looking at enjoy life foods based on chicago they are not only free of notes and gluten but all of your products are free of all of this of. We have a list of everything. Tell me what they are again, the things youre foods are free of. Free of all of the common allergens defined by the fda. Those are weak, dairy, eggs, peanuts, shellfish, fish, product are also gluten free certified gluten free. Jeff walk me through your facility, it is dedicated to being free from you are not alone. The big players like General Mills and kellogg are on the bandwagon but dont produce the facilities there free for everything. That is correct. We have not very unique brand, free of all the common allergens. No one at the same promise, enjoy life foods. Jeff i want to show you 44 products as we look at some stocks, companies that have been benefiting from this who are the grocers that sell these products, grocers like natural grocers, whole foods, stocks up there, these are your products. We have 43 products crossing eight product categories. We have a wide array which allows our consumers who is looking for a wide a range of products which are allergen free and free to be able to choose from. Jeff is not just the blue ands sufferers but those who want to eat foods that are free from these allergens that made because of a problem they dont know about. It is a growing market. Adam you go to buy gluten Free Products on the weekends. You are right, it has grown. Jeff it doesnt taste like gravel anymore. It used to taste like cardboard. They have improved the flavor. Adam send us the oneill cookies without votes. Lori conduct cooking segments for us. Over this summer about washing cars. Lori the battle for the tallest building coming to an end. 1 World Trade Center will be the tallest building in the country when completed next year, overtaking the gerri willis tower. That was a poor joke because she is the tallest woman here. It held the top spot for 40 years. A decision made by the council on Tall Buildings and urban habitat in john when the mass, was part of the structure and add on like an antenna. The final right coming and 1,076 feet. Making it the third tallest building in the world. Adam it is called. There have been critics who have said it was not lovely but when you go down and see sixth avenue is something to see. Check it out. For get free speights. 17 years and you are out. Majorleague baseball Atlanta Braves attacking mayor moving to the burbs. One that cant wait for the bond market. Already has been. The ten year old at highest level since mid september. Straightwe will break it down. Adam want to check stocks again. Well head to the floor of the new york Stock Exchange. Nicole petallides. Bullish on cinema stocks. Looking at regal and cinemark. Well bring you to the post. A lot of down arrows but not for cinemark. Take a look. Up 2. 7 at 33. 47. Were seeing up arrow for regal. January any talked postively about both these companies. Normally a trough in the Fourth Quarter. On the contrary, they are very bullish on these two names, so much so, fair value estimates on regal, 24 . 46dollar target on cinemark. Good news for moviegoers and people who own the shares. Back to you. Adam nicole, thank you very much. Treasurys extending their slide amid a 70 billiondollar sale of government debt. Benchmark deals are hitting highest levels since mid september. With continued concern about fed taper and higher Interest Rates, what should we expect from the bond market . Ette lets turn to zane brown, from fixed income for lord abbett. Thank you for being here. What is your take on higher rates . What is driving isnt. Two weeks ago, in fact it was this show when we analyzed fomc minutes we saw for the first time a fed that saw more economic strength than what the rest of us saw. That has been corroborated by a pretty good gdp number and then decent jobs growth in october, plus some revisions. So it is a little bit stronger economy than what we thought we had two weeks ago. As a result yields are up 25 basis points or more. Lori yes. We had 2 1 2 two weeks ago. Now were almost at 2. 8 on the 10year. Lori is there politics involved . As you are so well aware, the bond market was really fooled back in may with the fed speak and, there is some talk this morning, some reporters out and some economists suggesting that maybe, maybe the treasury market is conducting its own Monetary Policy and really forcing the feds hand here by driving rates higher . What do you think about that, that idea . Well, they are certainly have been references to bond vigilant too doing the feds work for them. Certainly theres a great argument for that because the fed hasnt done anything yet. Were up over 120 basis points from the beginning of may when they just started to talk about tapering. So, yes, i think there is some truth to that, but it is only going to go so far until we actually see something from the fed and i think we expressed e opinion that, its about far enough now. 2. 75, 2. 8 i think were about where we should be. Lori we shouldnt be concerned about a 3 handle on the 10year before years end . What is your outlook toward the end of the year and year next. Probably not before yearend. Certainly a year from now well be in excess of 3 but between now and january and february were not likely to drift too much higher in yield. When you look at the gdp data it is not really 2. 8 growth. Consumer spending was only at 1 1 2 . I think the jobs growth was a onemonth number. A lot was in poor quality jobs. There wasnt a ton of construction jobs and highpaying solid jobs. It was a lot of retail. A lot of leisure and entertainment jobs that dont pay quite as well. So i think over the next month or so, well realize it is not quite the level of strength we fear it to be now and fed under yellens administration or leadership is likely to take it very low in 2014. Lori what does that mean very slow . When do you think well see the taper begin here in ernest underway . Then, when will the benchmark rate finally get hikeed . I think probably doesnt begin before january. I think, december is going to be a little bit too early for the fed. They will need a couple of months of data to support their decision. But even when it begins i think it is likely to begin only with maybe 10 billion. Instead of taking the nine months that bernanke outlined a long time ago, it is likely, i think for yellen to extract that out to a 12month period some i think it will be 2015 before were done with quantitative easing, and the end of 2015 before we see short rates move a little bit higher. Lori zane, mr. Adam shapiro reminded us earlier this hour youre not making anything in bond fund these days. So what is your recommendation for fixed income invests as we close out our chat today . Well there are bond funds that youre making a great deal of money on. If you go down in maturity and down in quality that will position you into safer, less volatile and higher yielding securities that ought to do well in an environment that is stable, or even creeps up a little bit hire in yield. Lori all right. Are you still looking then at fixed income as your protective as your defense portion of your Asset Allocation pie . Yes. And i think, you know, buying things like bank loans with, which are shortterm and low quality, short duration, which might be higher in quality and high yield, all three of those Asset Classes are likely to do well in a slowgrowth environment, without a lot of inflation and lori what about a stock market. I have to throw one more at you. Everybody is concerned with all the froth going on with the stock market. So are you seeing some inflows with that strategy in mind . Well,think the stock market s likely to do well but were likely to have volatility especially as we test peoples concern with how high valuations are. Lori zane brown, thank you as always. Good to be here. Breaking news. U. S. District judge rejected former mf global ceo john corzine and two of his top directors bid to dismiss an investor lawsuit over the commodity firms collapse. Emf global mcdonald and Ray Steenkamp have been accused breaching their fiduciary duties to shareholders and failure to act in good faith. Headline again, the District Court judge dismissing attempts to get the case thrown out. Lori wow. Investing in the face of a possible zombie apocalypse. The idea is farfetched but these stocks are seeing huge returns. Adam if youre looking for protection, weve got a solution for you straight ahead. Trent kimball, ceo of texas armory. This Company Makes your vehicle, your car, bulletproof which you might need on the fdr. Welcome back. How is everything . Theres nothing like being your own boss and my customers are really liking yo flat rate shipping. Fedex one rate. Really makes my life easier. Maybe a promotion is in order. Good news. I got a new title. And a raise . Management couldnt make that happen. [ male announcer ] introducing fedex one rate. Simple, flat rate shipping with the reliability of fedex. And this park is the inside of your body. See, the special psyllium fir in metamucil actually gels to trap some carbs to help maintain healthy blood sugar levels. Metamucil. 3 amazing benefits in 1 super fiber. Metamucil. Sometimes they just drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. Lori im lori rothman with your fox business brief. The Justice Department saying it reached an agreement to al lout merger of us airways and American Airlines as part of the antitrust suit settlement, doj is requiring the merged airlines to divest slots and gate facilities at seven key airports. Reuters is reporting that mitsubishi heavy proposed to boeing it could cut costs for building wings for boeing 777x jet in japan. After Washington State approved a 8. 6 million incentive package to keep the us production of the jet in the seattle area. Tomorrow the Union Members will vote on the boeing contract offer. Transunion says the percentage of mortgageholders at least two months behind on payments fell in the First Quarter, to 3. 09 . That is down 23 from last year. Thats latest from the fox business network, giving you the power to prosper. Adam another headline that could move markets. Secretary of state john kerry believes it would be, this is a quote, a mistake for the u. S. Congress to impose additional sanctions on iran now. State Department Spokesperson says the headline coming as iranians walked away from talks with World Leaders monday. Secretary kerry wants, and this is another quote, temporary pause a temporary pause in imposition of additional sanctions. Lori okay. Well, from that to this. Zombie apocalypse portfolio. No, it is not a craze. Companies that should do well in a zombie outbreak are booming. Lets hope it is not a sign though. A zombie portfolio of seven stocks including solarcity, generac, stern ruger, smith and wesson, cabelas, gnc and palm corp toward r soared about 230 since the walking dead premiered in 2010. That compared to the 50 for the s p 500 index. Those zombie stocks are doing so well, it may be a sign of the end of the world but aye lei, you could make money now. Adam you cant take it with you. Lori wellsaid. Adam what do ti, steven segal, the pope have in common. They have had their cars reinforced with armor by our next guest. He is sighing a growing trend among the uberrich. Theyre getting personal cars outfitted with armor. Welcome, i understand the roots of your companies go back to the 1970s. I could see a head of state or dictator in Central America wanting this kind of thing, someone in west after africa, but celebrities doing this . Is this stylish statement you have arrived . I dont know if its a stylish statement. They feel the need to protect themselves from street crime or some type of a threat they may have received. Adam your company, there are testimonials about people that live in very dangerous parts of the world. One is from west africa, kidnappers attempted to get the people in the car, but the fact that the car was armored, the bullets never penetrated and they were able to get away. Thats correct. The majority of our vehicles do leave the United States. We, we armor very few for the United States. Most of them do leave the United States and if there is an attack usually it does occur overseas. Adam describe for me the process or process depending how you like to say it, turning a car like the one were watching into a video into a very safe, safety, safe rooms in some cities but on four wheels, it would be a safe car . Yeah. So, the process is basically we take a regular vehicle, whether a suburban or mercedes type sedan. We will strip the entire vehicle apart. Once we get to the inside of the vehicle, the frame, the existing frame we start putting in armored materials. We replace the glass with armored glass. We put in special materials in the door. Ballistic steel in the door and roof and frame of the week to basically stop all type of weapons. Anywhere from a handgun up to an ak47 type weapon. If you do the full, total, armoring it will put at love wait on the car. I imagine you choose a vehicle that sits higher on the road . Usually well upgrade the suspension and well upgrade braking system. Well do modifications necessary. It doesnt necessarily need to be a high vehicle off the road. Most of the vehicle that is we do armor happen to be suvtype vehicles or four by fours but we do armor a few sedans in there. Adam how many of these a year do you do . Were doing approximately 200 vehicles year. And roughly, ballpark figure, again if you went fullfledged entire shebang, how much would it cost . Youre looking of course, depends on cost of the vehicle but youre looking anywhere from 200,000 all the way up to 500,000, depending on what vehicle you choose to armor. Adam so, when we mentioned segal, ti and the pope what did you do for them . Are you allowed to say. I realize theyre clients and you dont want to breach confidentiality. We, i can just say what we armored. We armored an es can can laid for ti and a suburban for steven segal. The pope had his own vehicle, popemobile you say. Made a glass cage on the back of a vehicle for him. Just depends on the client and their desire and their taste. Adam last question, what is the popular vehicle among the elite, uberwealthy and celebrity . I think the pope has a mercedes if im correct but what are the others driving . So we armor right now the trend is, mercedes suv, called the gwagon or the g550. It is that box mercedes thaw see sometimes around. Its very trendy right now. They really, theyre really a hot item right now. Or save a lot of money and buy a 57 studebaker, there is so much steel on that it will not go anywhere. Thats correct. Adam trent, thank you very much for joining us. Thank you. Lori not sure why steven seeing gall has an armored car. We talk about that after the break. Adam i was going to Say Something but not in prime time. Lori lets check the markets. Alan valdez of dme securities. Welcome, alan. Opportunity to repeat breaking news from fed official kocherlakota. Pushed down longterm Interest Rates and encourage consumers to spend and businesses to spend. Extreme dovishness there, do you agree with him. I definitely have to agree. The feds powered this market since 2009. The s p is up 160 , all on the back of that fed pumping 85 billion a month into the market. He is not worried about bubbles. The markets couldnt hold on to the records today here, but were elevated, seriously so. Were definitely elevated. 77 of all companies are overvalued right now. There is a bubble build. With the feds here you have to be in this market. Only place to go. Yeah. S p is up 24 this year. Nowhere else to go right now. Yes you have to keep an eye on things. Were building a bubble. No question about it. When in rome as they say, alan, thank you. Thank you. Atlanta braves are packing up and moving to the burbs after playing in turner field in downtown atlanta for 17 years. The Atlanta Ball Club will build a new 672 milliondollar stadium in time for the 2017 season in cobb county, 20 miles north of atlanta. Turner field was built for the atlanta 1996 summer olympics and converted for the braves for the 1997 season. The Atlanta Mayor said the city will demolish turner field when the braves leave. Lori can you imagine selling rights to your own name. You will meet a man who has. Jason sadler doing just that. He is looking to do it again. Is this entrepreneurship at its finest or just being lazy . Well ask him straight ahead. Adam take a look at some of todays winners and losers on the nasdaq. [ male announcer ] what if a Small Company became big business overnight . Like, really big. Then expanded . Or their new product tanked . Or not . What if they embrace new technology instead . Imagine a companyfuture with the future of trading. Company profile. A Research Tool on thinkorswim. From td ameritrade. Lori youre going to love this business story. At the beginning of the year, formerly Jason Stadler originally sold his name to a Company Called headsets. Com. He was known as jasons headsets. Com. He is searching for a new identity from the highest bidder. Human billboard, jason headset. Com joins us with more on this venture of him. So nice to see you. Start with this, do you not have an attachment to your given last name . Do you not identify wit . Is that why youre happy to part with it for a short period of time at least . Yeah. Ive had three last names since i was growing up. So i dont find selfworth through names. So i dont have a lineage through a family i will Carry Forward with these names. Ive been a human billboard, like you said. I got paid to wear tshirts forever. It seeped like it worked out pretty well for headsets. Com. I would say. They paid you 45,500 in the open. How did it work for out headsets. Com . They saw a increase of sales of 250,000 are r from the winning bid and 6 million in earned media they measured through an outside firm. They were happy with it. Got a ton of publicity. Ceo said best marketing spend he ever had in the companys history. So it was pretty awesome. Lori they agreed headsets. Com for the deal for one year. From what i understand, bidding is underway for the next company name you will walk around with for yet another year. You put your bids in to buy my last name. Com and bidding closes on december 12th, correct . How is it going so far . Literally opened the bidding at zero dollars. That is what is starts at. Last time i checked with the phone i started, 8500 bucks f it ended now, it would be ending in 30 days i would be jason you are burger june kiss. I know a guy in San Francisco is shane mack. He wanted me to be shane macks brother. A lot of action in first couple hours. I think value is so unique and a crazy marketing opportunity. Lori where do you draw the line . All right, jason i will pay awe million bucks if you go by jason jerk, you have to have standards, correct. I do. I have first right of refusal. There were a couple names i would have taken and denied the bid and those were in tens of thousands of dollars. Im looking for company that embraces it as really cool marketing opportunity. Wants to have exposure throughout the year. Sales came through for headsets. Com. That is a great case study. This is fun and so unique and different and i just love it. Lori your next venture is tellall book youre financing through crowd funding. When we talk about you being entrepreneur, youre finding innovative ways to make cash, right . So, this is from what i understand you will take o company last name, right . Yes, yes. So the auction for my last name that is up right now is the last one i will do. The idea as im writeing a book, called creativity for sale. Im offering advertising spots on bottom of every page. If you dont have a couple, 10,000 to spend on a last name for 500 bucks or less you can get a page in my upcoming book. I dont want to use a publisher, book agent. I want to publish theeway i want to. I want to embrace having brands on board and tell my story and other on thes entrepreneurs make money. Lori you cant be home, right . You have to be out and about for being a walking billboard. Maybe. Thanks for sharing story. Adam you came up with a great idea, why not have ads in books, just a page . Someone is listening. Flying towards a deal. American airlines and us airways settle with the government on their merger plans ahead. What it means for flyers and stockholders. Nfib Small Business confidence gauge hiting a sevenmonth low. What needs to be done to improve optimism . Tweet your responses to tracy byrnes and Ashley Webster as they take you through the next hour of markets now. T copd li, hey breathings hard. Know the feeling . Copd includes emphysema and chronic bronchitis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. Spiriva helps me breathe easier. Spiriva handihaler tiotropium bromide inhalation powder does not replace fastacting inhalers for sudden symptoms. Tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. These may worsen with spiriva. Discuss all medicines you take, even eye drops. Stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. Other side effects include dry mouth and constipation. Nothing can reverse copd. Spiriva helps me breathe better. Does breathing with copd weigh you down . Dont wait to ask your doctor about spiriva. Pop in the drum of any machine. To wash any size load. It dissolves in any temperature, even cold. Tideod pop in. Stand out. Tracy im tracy byrnes. Ashley im Ashley Webster. Big problems for small biz. Nfib Small Business confidence gauge hiting a sevenmonth low. What needs to be done to improve optimism . Tweet us your responses that will be coming up. Tracy plus our exclusive interview with National Federation of business chief economist bill dunkelberg. He will tell us what he is hearing. Ashley flying toward a deal. U. S. Airlines and American Airlines settle with the government to create the worlds biggest airline. What does it mean for flyers and stockholders. That is just ahead. Tracy why cant they just get along. Facebook and twitter are fighting for the same audience. Our next guest says there is plenty of room for both of them but ashley warnings you need to hear before logging on to the Online Banking site. That and much more ahead in this cantmiss hour of markets now. Tracy that is scary. I bank online. Ashley i do too. I say most. Many, people people do. Tracy agreed. Time for stocks with Nicole Petallides on the floor of the new york Stock Exchange. The dow is down 61 points. What is going on . I dont like the online stuff, makes me nervous putting your creeit card or banking online. Nasdaq composite is down 11 1 2 points. Also like the Dow Jones Industrials on the downside. S p 500 down eight points, half a percent to the downside. 1764. Traders are talking a lot about fed tapering being back on the table. Were hearing testimony from janet yellen this week. Vix index moves to the upside. 10year treasury at 2. 77 that is the type of thing that puts pressure on the market. That is the environment were in right now. Of course well get weekly jobless claims later in the week. Back to you. Thanks, nicole. Small Business Confidence falling to a sevenmonth low in october. This according to the National Federation of independent business survey. What is more troubling the growing number of Small Business owners who dont expect conditions to improve in the coming months. This brings us to our twitter question of the day, what needs to be done to improve optimism for Small Business . Joining us for an exclusive interview, nfib chief economist, william dunkelberg. Bill, thank you so much for joining us. What are listen, october i think we saw the full effect of the government or partial government shutdown. What were the biggest concerns among the Small Business owners last month . Hi, ash, good to be with you. Youre right, there is not optimistic outlook here. Top issues are the same that weve been look at. Always Rising Health care costs. Nothing good is happening there. Uncertainty about the economy. Uncertainty about the government policy, numbers, two, three and four. Nothing good happening there. Energy costs are coming down. That will be helpful. Gasoline has gotten a little cheaper, thats good. Cost of regulation and red tape, that is not going down. Next three items on the problem list all have to do with the tax code and thats not improving either. So really Nothing Happened to make them feel very confident what is going on. People are laid off and government deal are, no impact on gdp there. One that is didnt go to work or didnt buy it, Little Stores that serve them, that obviously hurt some of the Small Businesses. They were impacted by the shutdown. Bill, well have the budget battle coming up around the corner in january. I guess, bottom line, with all of this lack of optimism there is not a lot of hiring being planned right now . There isnt, you know, looking forward, the index dropped 2. 3 points which is a pretty big drop. That is 23 Percentage Points across the 10 questions. Of course the two biggest declines in in expected sales and percent who think Business Conditions will be better in six months. Thats a big negative number. That is not good. So if you have that kind of a view about the future you will not order inventory. They will not do that. They became very dissatisfied with inventory after being pretty happy because they dont think sales will pick up. Ashley right. They will probably deaccumulate inventory. And not hiring people either. We lost four points on the hiring plan. Overall it was a pretty dismal performance. No surprise based on what is going on in the economy. Ashley thats true. So what is the one key element of these surveys, bill, that you look at that gives you a claw, perhaps we have turned the corner and things are looking a little brighter . I would certainly watch expectations. Thats, thats the first thing that has to improve before youre going to see people lay their money on the table and actually spend money to expand business and so on. We only had 6 say its a good time to expand. Prerecession that average is 16, including through the 198082 period. Were way off that mark. Of 68 said bad time to expand, 37 said because of the political climate. Washington could help us out here by doing sensible things to deal with the problems that we face. Ashley sensible and washington are not in the same sentence. Bill dunkelberg, as always, thanks so much for joining us. We appreciate night thanks, ash. Thanks, tracy. Tracy thanks, bill. And you would think they would have listened or heard the cry at this point because bills been talking how many years now . Ashley he has. Not very optimistic for Small Business. Tracy we have the latest developments for you on the airline industry. Get ready for the Worlds Largest airline. The Justice Department reaching an agreement to allow the merger of us airways and American Airlines. Earlier Us Airways Stock was halted on the news. When trading was resumed it was down as much as 1. 8 . It is still slightly down, 23. 13. For more we bring in the executive director of the National Airline passengers association. Douglas, thank you for being with us. Im sorry, i dont have, why dont i have your last name. Douglas kidd, thank you for being with us here. Thank you. Tracy why are you tell us youre not happy about, other than the fact that it will ruin it for all of us passengers out there . Im not sure it would necessarily ruin anything. Our main concern is in any merger that, things that such as safety, aircraft maintenance, and Customer Service, are not lost in the shuffle. Its important for an airline or airlines to make money. Thats very important component of their business. And we want them to stay in business. We want them to be profitable. We want them to take good care of a passenger but sometimes the emphasis on profits and profitability alone, tends to leave the passenger, cramped in a seat thats tool small and being nickeled and dimed by fees that, you know, are becoming more and more unreasonable. Ashley douglas, part of this deal the two big airlines will give up some of their slots at laguardia and Reagan National. That is hoped that the smaller budget carriers can come in and get a foothold in an area where they havent been able to before is that the scenario going to play out . Are lowcost carriers chomping at the bit to get into laguardia and reagan . That remains to be seen. Getting into the slots are very expensive. It may well be that carriers may look at them and some may decide to go for them and others may not. Tracy talk about what this does for package and points and all this Airline Miles that im gathering with these two separate airlines. This is all coming together. Am i going to lose stuff in the process . How does that work out for me at home . Well, again, that remains to be seen exactly what the new organization, the new American Airlines is going to be doing. And i cant speak for them. But, we would hope that they would Carry Forward these points and, miles and so forth. And, meet the obligations, you know, that re already out there. You know, douglas, American Airlines has been in bankruptcy. What have they learned through that experience that they can put right now that they joined with us airways to make this giant airline if you like . What will they do differently . One of the things we understand that American Airlines is doing, is buying a lot of new aircraft that will be much more efficient and much less costly to maintain and to fly than their Current Fleet of older aircraft. And that could result in significant savings as well as improvements for the customers as well. Tracy if i take the airlines side just for a second. These guys are struggling to make money, it is so difficult these days. Fuel is down now. But it will be up quicker than we know it. Is there, is there any benefit a at least to the bottom line for the airlines i mean that passengers might actually at the end of the day be happy about this . Everyone could potentially end up in a winwin . Do you see that scenario at all . Not at the present time. What we see is that the airlines are going to do what they can to stay alive and to make improvements in their bottom line. And that may come at the expense of passengers in terms of fees and higher fares. American airlines did not wind up in bankruptcy because they were charging too much. You know, obviously things are going to have to change there. Tracy yeah. Whether or not it results in better Customer Service, again remains to be seen and that is going to be up to the leadership of the airlines and their Customer Service departments to make good, Quality Service happen. Tracy then it would potentially be a winwin. Douglas kidd, thanks so much for taking the time, sir. Thank you. Ashley Customer Service, American Airlines, dont get me started. I know. I know. Ashley couldnt be any worse. Got to be good that comes out of this. Ashley all right, the winner is, well tell you. Which of these buildings is now officially the tallest in the u. S. . Tracy and a win for the little guy. Charles payne ahead on how investing in a simple s p 500 mutual fund actually beat those big deal Hedge Fund Guys. Ashley and ettu, bill. Bill clinton taking on the president about break obamacare promises. Were live inside the beltway which is the latest setback for president obama. Stick around. When does your work end . Does it end after youve expanded your business . After your companys gone public . And the capitals been invested . Or when your companys bought another . Is it over after youve given back . You never stop achieving. Thats why, at barclays, our ambition is to always realize yours maestro of project management. Baron of the buildo. You need a permit. To be this awesome. And you. Rent from national. Because only national lets you choose any car in the aisle. And go. You can even take a fullsize or above, and still pay the midsize price. aaron purrrft. vo meeeow, business pro. Meeeow. Goational. Go like a pro. Sometimes they just drop in. Always obvious. Goational. Go like a pro. Cme group can help you navigate risks and caure opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. Tracy it is that time of day. Time to make money. Charles payne is here. This hour it is hedge funds versus s p 500. Like david and goliath. They are not as favored as they once were. Charles, what would they be doing . Theyre not living up to all the hype, masters of the universe. Guys 2 and 20 of profits. By the way, dont question me. I remember a guy who starred hedge fund. One of the investors started limited. Can only take a billion dollars. Someone offered 750 million. It wasnt enough. Only took a billion dollars. Could only question him once a year doing with your money. You have got to be, beautiful gig if you can get it. Better yet, how do they sucker people into investing with them . Ashley for a billion dollars you might for a while there was mystique about it. This year it might be going away. Example, last month, hennessey, index. Hedge funds overall were 1. 4 . Last month the s p five was up s p 4 1 2 . Hedge fund are up less than 10 . You have to be kidding me i will pay someone exorbitant amount of money, no say, no questions about the cash. Get 2 no matter what to take care of the office and 20 of profits out the gate . Kind of nuts. Yet they continue to get money. Look at all the gigantic hedge funds guys, particularly on the short side. Oh, im going to short this and short that. Who keeps giving them money. Tracy take for little guy, put the money in s p 500 index fund. That is good takeaway. Im glad you brought that up. Piece in the journal all of sudden great rotation. May be time to get out because the little guy is getting in. Get out when the hedge funds start buying. Im telling every shoeshine person out there, next Hedge Fund Guy that says he is buying let me know. Yesterday, it is 1 6 of money pulled out of the market. By the way it is rotation. Money is coming out bond into stocks. Not like people are writing brand new checks and hawking the house. Tell you, people who have been belittled by the media, you know, need to understand that, you know, these masters of the universe guys, theyre not ashley not so masterful. How many got in trouble this year, for cheating . Tracy thats true. Why would you have to cheat in this market . You know what i mean . Are you serious . You need inside information . You needed to cheat . You needed pillow talk . Are you serious . Ashley wow. Tracy we love you, charles. Charles payne, good stuff. Ashley pillow talk. It is just a little after quarter past the hour. Time to look at these markets. Nicole petallides down at nyse. Watching news corp, the Parent Company in the red today though. Tracy that is right. You remember the split, news corp and twentyFirst Century fox and twentyFirst Century fox is more of news reporting like us. Then you have news corp which is the parent of newspapers and the like. Reported 3 steeper decline and revenue. Much came from the australian newspapers. That took a toll on the overall numbers. The newspapers under news corp include the wall street journal, times of london, the australian, and book publisher harpercollins, et cetera. Overall the stock is down 1 however in the last 13 weeks the stock is a winner. It is up 9 . Rupert Murdochs News Corp today under some pressure but under the last three months theyre doing great. Back to you. Ashley news corp used to be our Parent Company. Now it is 20 First Century fox. Make that clear. Tracy old habits diehard. Thats okay. Tracy made in the usa, surprised . You should be. Why apple may turn to an American Company to manufacture a key component for the iphone. Ashley cost of miami doll spins for the bullying charges, it is all next in the fox news minute dolphins. [ male announcer ] imagine this cute blob is metamucil. And this pk ishe inside of your body. See, the special psyllium fiber in metamucil actually gels. And that gelling hes to lower some cholesterol. Metacil. 3 amazing benefits in 1 super fiber. Theres nothing like being your own boss and my customersre really liking your flat rate shipping. Fedex one rate. Really makes my life easier. Maybe a promotion is in order. Good news. I got a new title. And a raise . Manageme couldnt make that happen. [ male announcer ] introducing fedex o rate. Simple, flat rate shipping with the reliability of fedex. 21 minutes past the hour im lauren green with your folks news minute. Rescue teams are still having trouble getting to the hardest hit areas of philippines. The death toll from the typhoon officially topped 1100. Many people are still unaccounted for. Officials say the death toll could be closer 2,000, much less than earlier predictions. Miami dolphins owner steve ross says he will meet tomorrow with alleged bullying victim jonathan martin. Ross told reporters he was appalled by the use of racial slurs not only in text message by suspended guard Richie Incognito but in the dolphins locker room. Dramatic rescue in virginia beach. A repairmen fell from a water tower and left clinging to safety rope 145 feet up. When fire ladders were too short to reach him. A firefighter lowered down on the rope and be able to bring the man to safety. The worker is report led okay. S. Back to ashley and tracy. Ashley thank goodness were on a desk for a living. Lauren green, thank you very much. Apple may start getting iphone and ipad chips from the empire state. A new yorkbased chipmaker will supply logic chips for the tech giant. Jo ling kent joins us for details. Jo . The Albany Timesunion founded Global Founder chipmaker will work with samsung to make chips for iphones and ipads. The center is located in malta, new york, and will produce a essentially a chip that is the nerve center for apple devices. Samsung makes processors for apple in austin, texas, it will be used as a subcontractor for periods of high demand. Apple knows that well. Having additional Production Center would enhance what the dinse calls samsungs flex capacity. They do not provide details on customer relationships but they say samsung has been a longstanding partner in r d. We continue to collaborate with them on many fronts. According to ic insight. Global foundry is the second largest foundry in the world. Samsung ranks third. Apple has yet to respond to our request. Ashley. Ashley jo, thank you very much. Jo brought us this story yesterday. Chinas singles day and ashley figured it out, 11 11. Tracy all the ones, Biggest Online shopping day of the year just set another record. Ecommerce giant alibaba broke last years sales record in just half a day. Sales topped 5. 7billion yesterday, over 80 more than the 3. 1 billion it reached last year. Man, oh, man, lots of singles treating themselves. The jump in sales shows rising power in Chinese Consumer and alibaba is preparing for what could be the biggest ipo of an Internet Company since facebooks 16 billiondollar market, debut or disaster . Just kidding. Last year. Ashley jo ling kent all over that story yesterday. Tracy good story though. So that means people are happy to be single and going out to buy stuff. Ashley why not. Bit of both. Tracy that would be me. Ashley time to move on. Just what the president needed, isnt it . Bill clinton splitting with him over obamacare. We are live inside the beltway with the very latest setback for mr. Obama. Tracy two days away from confirmation hearings. We have analyst ahead on what he wants to hear from janet yellen. Ashley another reason why we may all be Walking Around with wearable tech in the near future. Ashley 90 minutes until the close. Testicular get the dow 30, almost a repeated yesterday. We had about twothirds of the stock in the red, the same story today, 19 stocks in the red, 11 in the green. On the upside, cisco and home depot. Between these two alone, that accounts for about 20 points of the 66 points and now down on the dow. Reporter will show you the first one. Right now its down about 8 take a look at 18, or 0. 13 per share. There are doing the reverse stock list. Dish network 35,000 paid subscribers broadbent subscribers. Tracy with questions to the senators be asking her . Lets bring in the president of beyonce research the law card, fed president law card saying that tapering is back on the table. Do you believe that . And when i say unfortunately, i have never been a big fan of qe in the first place, what is haphazard way that the fed goes about doing it, we get one decent payroll report, and they all have emotional reaction. Great. Now we can tapir again is the way it goes until we get the next employment report. A little weaker than expected, they will say, the taper is off. One employment report, and that is how the fed seems to want to work these days. It is just an emotional report. Tracy is it the fed or the market . I am with you. The market is emotional these days based on anything that comes out of any fed had speaking of any possible pros got event. Is it the fed is making it seem like they are that and short . They have 17 members of the fed that all 17 different opinions. Tapering is not tightening. Advocating for tapering in december. When he brought it up that is why the market at such a reaction. Tracy lets talk about yellen. What would you ask her if youre sitting in that room . What you going to do but tapering feet . That is the biggest issue. If you want to put it in feds become a tommy but the strategy, we will get out of this. It is going to mess in ugly. Thats question one. Tracy less talk about to bring in the markets. You know these markets and how they react. Even global a bit of tape bring that they do this is the beginning of the end. It will be 1 a gun. Nor did read the next me more to bring in the next meeting the purchases will be a zero that is why just the talk of it sucks it everyone worked up. Tracy but if you step out of the motion and you think about logic for a second. Tracy months away. It could. They buy bonds. Say it so if they start and the market starts pricing now and rates shoot up the Mortgage Rates shoot up and a matter of a couple of weeks we will feel a lot faster than we do and restarted. So that is the difference with getting out, they could send Interest Rates skyhigh. Remember, september, the fed worry that higher rates would slow the economy. Well, they could be doing that all over again if they are not careful with the taper talks. Tracy hopefully they are looking listening to you. Thank you, sir. Thank you. Ashley breaking news for you. Oil snapping two Straight Days of gains, closing down 2. 10 at 93. 4 per barrel. Crude, by the way, briefly trading below 93 per barrel, the first time that has happened since june 204th. Former president bill clinton speaking. This new report says that enrollment data says the rollout is missing the mark. On capitol hill with more. Expecting low enrollment numbers in the beginning of all this. The numbers will be even lower than expected. The problem that the president has said after promising for years that every american to keep their Health Care Plan if the elector Health Care Plan now that is not as if to the case. Now he is getting some push back on that and pressure from some bigname democrats. I personally believe it even if we take it, the president s should honor the commitment the federal government made. In an interview last week the president apologized and said the administration will try to fix that, and the white house, again, said that theyre working on it. The answer is yes, the president has passed his team with looking at a range of options. As he said, to make sure that no one is put in a position where the plants have been cancelled and they cannot afford a better one another like to. The problem is, there really is no good option at least that the administration can do unilaterally because so many of the private sector Health Insurance the base have been gearing up for years to phase out these plans and just make an announcement the jet to go back and reissue those plans some problems with that. Well short of what was stated will be the administrations target for about half a million at this point. And so we will hear more about the website tomorrow on capitol hill. Ashley more confusing as you into it. Thank you so much. Appreciated. Tracy facebook and twitter now fighting for the same audience demand we have a guest to says there is room for both of them. Ashley and warns you what to year before logging on to your Online Banking sites. We will be right back. [ male announcer ] what if a Small Company beca big business ernight . Like, really big. Then expanded . Or their new product tanked . Or not . What if they embrace new technology instead . Imagine a companys future with the future of trading. Company profile. A Research Tool on thinkorswim. From td ameritrade. Reporter im lori rothman which are fox business brief. President obama will nominate timothy as chairman of the Commodities Futures Trading Commission in an announcement at the white house scheduled for the next hour. The nomination requires senate confirmation. Federal judge meantime has projected former mf global and two of the top directors to dismiss an investor lawsuit over the commodity from collapse. The litigation seeks to hold core design and top colleagues, including j. P. Morgan chase and old men responsible for mf global 2011 bankruptcy. And even if he did not get in on the twitter ipo you can still buy a single share. Beautiful for framing. Selling single share twitter stock certificates. The Company Predicts it will be a top gift this holiday season, and that is the latest from the fox business network, giving you the power to prosper. Ashley social needs s looking to move and. The Vice President of consulting and a senior analyst. No matter what, should twitter be afraid . I dont know if they should be afraid. It should certainly be aware. Has to make facebook a top consideration. Is it that. One of the biggest risks to the business was a business like facebook, but we are believers that if you looked at the social Advertising Market that we have projected just for the United States we think within five years that is an 11 billion market, just in the states, not to mention internationally theres a lot of room for growth. To me that is a big enough by for both facebook and twitter to build healthy advertising businesses, not to mention that they can use celebrity tieins with the Television Industry to maybe capture some tv ad dollars as well. Plenty of users use those channels which means there is enough scale to generate good advertising as well. Tracy the future of advertising in general is on your phone, anyway. I mean, other than tv, what else no one is looking a but a billboard anymore, and it cracks me up that there are still hundreds of billboards. I watch them because i am in traffic, but no one looks at billboards anymore. Between your phone and television, that is kind of all you have left. That is exactly right, and if you look at where growth will happen in the advertising business it will be on line, but beyond online it is going to be in mobile the look at where and how that will happen, it will be with advertising format, Companies Like twitter and facebook have really pioneered. Promoted tweeds and sponsored stories and fuzzy terms like native advertising have been invented by facebook, twitter, social me innovators like that to make advertising more effective on mobile devices because that experience from an advertiser brand perspective just as not been good enough yet and has to get better to grow the Advertising Market and, by the way, to your point, there is a great relationship between mobile devices, and that Second Screen command tv, which can armlocks and television budgets. Ashley when we talk about facebook end of crowding into the twitter turf, do we mean that they will start providing a Similar Service with a limited amount of characters and quick pace conversations . Because facebook could do that. It is not like twitter has a patent on what it is doing. There is not a barrier. I do not think it is so much about 140 characters. Its about the overall functionality and experience that twitter has created that is so unique to its users to real time interaction with celebrities, and sponsors, public figures, giving news in real time, seeing for goes to my getting videos, getting that backstage as exceed access. This is not new for facebook to release features a bunch valleys that encroach on territory. They have fastback feature in that stream. Mimicking what twitter did. So the fact that facebook is trying to develop these deeper the way that twitter has come on a brand new concept and does not have to be literally 140 characters. Tracy i would love local ads about upon my throne. Someone has a discount for lunch down the street. I have one hour and im hungry, take me to a place they can give me a deal and one of want. Real big believers in the power of local advertising, local targeting, especially at a mobile device. When you put together social connections and a social network, recommendations i can get from my network, community, france on the mobile device the knows where i am in real time, that is a powerful idea. Facebook has moved, as we like to say, down marketing a local lead to smaller businesses which has been a big part of the Revenue Growth of the last year to 18 months. Now we know the twitter for the first time has opened up a cell server advertising platform for Small Businesses, trying to work with more local merchants and local businesses to develop exactly the at experience that youre talking about which is the holy grail for ross. Give me what i want where and when i won it. All about context. Ashley exactly right. Already out of time. Thank you for joining us. Tracy it is a quarter till, time for stocks. It is down about 48 points right now. Joining me now, the market seems a little unsettled, but it is time, right . Yes. Taking a little back. Of small, down 48 points, off lows. But you know, volume is light. People are just taking money off of the table. Tracy what happens. The holidays coming, confirmation hearings the you expect volatility are much more this steady as you go . A lot of earnings from walmart, coles, nordstroms, lot of those resellers coming out which has a tendency to move the market pretty good. You will keep an eye on that. I dont think you will see many surprises there. Probably nominated, and we will see how that goes. Tracy what is the one thing that gives you a bad night with these markets . Jobs. I mean, they were good last month, but it is still a problem. A lot of americans now working. The end of the day that is what is going to power the country. People getting jobs. Sure glad that you have one. Good to see, sir. Thank you. Ashley it is time for your tech minute. Not seen since 2002. The First Quarter saw 200,000 infections. The United States had 23 percent of those new infections, but even with that cyber criminals seem to be diversifying got targeting countries all of a low of like in the past where there were concentrated in europe and africa. Most frequently is used. What it does is steeles banking credentials, printing details to a remote server. Banks are not the only victims. The International Space station was infected with a u. S. Piece dick brought on by russian astronauts. The extent of the infection or if it even took place, but it seems to have happened before may when the United States, making them more safe and reliable. Music functions to the 1,500 glass device. Handsfree access to the companys streaming in downloading music service. Problematic that identify the sons and stereos available at the end of the month for 85 bucks. They will display a listen to command and let the lehrer said the name of the sun or artist and then strain the music. So forget about walking and talking. Now we have to worry about people walking oh, yeah. Dancing of weather that was. Tracy you can do this all day. My concern, is is not pretty. You only i only have to get i make up for one night. Thats a good thing. All right. Everyone has been waiting for this. He will tell you which of these buildings is now officially the tallest in the u. S. Survey. Ashley and Dennis Kneale with why sex and violence greuel the new tv landscape. Stick around. [ female announcer ] tide pods threeinone detergent. Pop in the drum of any machine. To wash any size load. It dissolves in any temperature, even cold. Tideod pop in. Stand out. Tracy there are more gay characters on tv these days. Believe it not, there was a study on that. Dennis kneale has all the details. Reporter a new report ranks the tv networks by how many gay characters they have. The winner is disney abc family channel. 50 percent of all the programming in prime time the tuesday characters in such popular shows as the saucers and separated at birth and pretty little letters. That one is going to drive televangelist Pat Robertson crazy. His group founded the channel before it was eventually sold. Coming in second, foxes fsx. White towns showed simon and tv coming in third and fourth. History channel came in dead last among 0 . A spokesman saying as a network with feel it is inappropriate and insensitive to ask any of our characters about their sexuality. Fx is the guest with characters and 40 of its primetime lineup only three to 5 of the population is actually game. Tracy is seen as very that this is a needed steady. People dont want to be singled out, and we study more. A study on gun violence in. In hollywood films. Terms of images of gun violence have tripled. Films of mastercardray have there was more guns. Violence alone does not merit an r rating. Is that a final film tabooed, sex. Ashley gun zero k. Tracy in but you can kill as many things as you want. But thats it. I want to know what he thinks of oranges the new black on netflix because you have plenty of gay characters. Yet it thing is theyre lesbians and theyre all in prison. Hume. Tracy figure that out. Ashley their will be a steady and in, and sure. Be. Ashley it is official. We ts did. This city that never sleeps will be home to the countrys tallest building. Set to become the tallest building in america upon completion. An organization of leading architect settling the issue, deciding that the head will surpass the chicago willis tunnel. So what gave them the extra edge . That 409foot antenna on top. Tracy that was a big debate. The antenna. Other buildings called the rest and . And patriotic . Ashley a really nice sight. Tracy if i hold my arm up 1 a new. Thats what theyre saying. Coming up to mike countdown to the closing bell, u. S. Airlines in American Airways clear a major hurdle. We will be joined by former American Airlines president and chairman to find out what he thinks it is the yahoo. Stick around. We will be right back. Wound she loves a lot of the same things you do. Its what you love about her. But your erectile dysfunction that could be a question of blood flow. Cialis tadalafil for daily use helps you be Ready Anytime the moments right. You can be more confident in your ability to be ready. And the same cialis is the only daily ed tablet approved to treat ed and symptoms obph, li needing to go frequently or urgently. Tell your doctor about all your medical conditions and medications, and ask your heart is healthy enough for sexual activity. Do not take cialis if u take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. 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Get the mercedesbenz on your wish list at the winter event going on now but hurry, the offer ends soon. [ santa ] ho, ho, ho [ male announcer ] lease the 2014 ml350 for 599 a month at your local mercedesbenz dealer. Liz good afternoon, everybody, im liz claman, it is the last hour of trading, and if youre looking for bright spots in the market, what do we have . Airlines moving higher because it looks like we finally have a deal. The Justice Department removing the last major barrier to the proposed merger between American Airlines and us airways. So what was this huge stumbling block could now become a steppingstone. Today the government announcing that settlement in its lawsuit to block the merger, so what does it get in return . Well, the merged airline says it will promise to reduce the number of flights it operates out of key airports like washingtons Reagan National and new yorks laguardia. Shares of American Airlines, we do see it higher, its amr as you see, and we have it up about 2. 43, thats a 25 gain. Lcc for low cost carrier up about a half a percent