Here at the New York Stock Exchange. We will discuss whether the oip ipo market has gone flat. Netflix getting crushed after disappointing earnings last night. The shares are down nearly 8 on the session today. Someone who says the valuation still ridiculously high and he will tell us why coming snup lots of volatility on that one lately. A Sports Equipment Company Investing in new technology that it says could change the landscape for concussion injuries that we have all been focusing on so much recently. We have the ceo of this company, performance sports group, to explain the technology and the potential in the Business World coming up. Then after the bell, barney frank and larry kudlow together and both here at the New York Stock Exchange to discuss whether democrats are becoming too much of an lets start with first datas first day of trade. Bob pisani standing by. The payment processors post right behind us, not doing is well today, bob. The good news is it got done and they i had
Down the day, ann from wells fargo, march, todd and todd morgan from bel air investment advisers. Well try to distinguish between the two todds. Welcome to everyone. Ann, first to you. We just watched stocks sell off sharply into the close, financials in particular. What does that tell you . I think it is the market just worried about whats going on at the fed and the debt ceiling, budget hearings, all that we have. More uncertainty in the market. Uncertainty has really become an ugly word for us, i guess. You still there are plenty of stocks you like individually right now. I mean, youre still fining value in this market, around you . We are, bill. What were trying to do, our process focus is on companies that may be interested in either acquiring or also being acquired. The stocks were looking at are trading at discounts, we think theyre intransic or private market value is. Many of those companies are trading at very attractive valuations. And in a low rate environment that looks li
Taking more heat than any other bank, especially whether it was one of the few that technically didnt need a bailout during the krit crisis . Theyre piling on at jpm. Why is blackberry lower today, below that 9 a share that fairfax financial is offering . Is the market concerned the deal wont go through . Yesterday dan niles told us, if you own a blackberry, take the money and run right now. But someone here thinks a better offer is coming. But is that realistic . We have both sides of this blackberry fallout just ahead here on closing bell today. And is this what the fed saw when it held tight last week . Retailers now expected to hire less this year for the holidays than they did in 2012. What is it forecast about the economy and prospects for some of these companies in the stock market . Bill . Somebody tweeted i said 91 days to christmas. Somebody sat down and did the math apparently. 92 days until christmas because october hooz 31 days. Thank you. Somebody has way too much time on