Career women. Buckle up for that one. Meet a preteen heartthrob who built a career, singing on youtube. 11yearold mattieb, on secrets tt his big money youtube success. How you can make it big and make that money too. Even when they say its not. It is always about money. Melissa drown goes the activist investor. Starboard reeling from the selling red lobster for 2 billion bucks. The deal they say is woefully undervalues the seafood chain. We have James Freeman from the wall street journal. Fox news contributor Jonas Max Farris and dan schaefer, from schaefer asset management. Dan, i will start with you. What do you think about this one . I think its a great deal. They had a lot of debt they needed to get rid of. This is a bad penny in their arsenal. They have to cut it out. This is great idea. Shareholders are fighting this. Management i think made a very smart decision here. Melissa you dont think it woefully undervalues the property, jeffrey smith, ceo of starboard says . No. It hasnt
Here to cause it all, charlie gasparino, scott martin of united advisors and ari from quantum networks. Ipad only sold 3. 65 million ipads, compared to 19. 5 last year, far below the average. Maybe you dont need an ipad after all. I dont think so. Shockingly i dont think anybody would have said that six or 12 months ago. Mobile phone, smartphone is so robust and can do everything than some, than the tablet. Why sleep around this platform . Melissa charlie, do you have an ipad . No. I just got rid of my flip phone. Melissa he had a flip phone until minutes ago. What is this . Melissa i have no idea. Galaxy . Melissa you dont need an ipad is what youre saying. I will say this i dont need an ipad. I follow companies and stocks. Seems no real stock, i know they had betterthanexpected earnings. What you worry about with apple is innovation. How are they innovating . Melissa right. Where are the new products . It will make money. You do worry about the future. Something weve drawn attention
Barrons and Jonathan Hoenig of capitalist pig hedge fund. Jack, what do you think, does he have a shot at this one . I think he has a shot but problem with jumping on this, assuming the Defense Department says, sure, anybody can send a satellite off with top security. This is melissa he made it into the space industry. No one thought he could do that. This seems easier. I think he is capable technologically melissa he got the contract. He convinced them to give him a contract with spacex . This is highly sensitive stuff. They want to make sure he is a Good Relationship and doesnt turn into Edward Snowden guy on the. Look at phil falcone, that he went through with lightsquared and how he thought he had approval, from i think it was from the Justice Department to get that part of the satellite and he didnt. And it screwed up his whole business model. When you deal with the government it is very touchy. Listen, he is not betting the ranch. That was phils program he bet the ranch on that b
Melissa markets seeing green despite the economy sinking into negative territory. Gdp is contracting for the First Time Since the First Quarter of 2011 as Business Investment and profits decline. Here to discuss all this, charlie gasparino, Small Business owner, Clint Greenleaf and wall street journals veronica daguerre. What do you make of this gdp contraction . I dont think it was tremendous surprise given the wouldnt der melissa bigger than what people expected. A full percent, thats bad it was bad. We had such a rough winter and the market is forwardlooking and i think some of this is already factored in. But i think it is, well be looking ahead to see whats going to happen, what kind of job numbers are we going to see Going Forward when looking at all the data. Melissa everyone is blaming the weather. Theyre saying the Second Quarter will be a lot better the do you buy that claim . I dont buy it. I think so little of the economy rests with weather. 1 , that is huge problem. Meliss
Quantitative easing guidelines numbers in the policy statement and signal a commitment to low Interest Rates if the fed did not hit its unemployment or inflation target. Quote, one participant favored retaining the existing threshold language on the ground that removing it before the Unemployment Rate reached 6. 5 could be misinterpreted. Another participant favored introducing new quantitative thresholds including five 1 2 one for the Unemployment Rate. And a few participants proposed adding new language all together on the rate guidance in case the fed ran below its 2 longerrun inflation target. Fed members as you know, voted to drop these quantitative guidelines in favor of more qualitative, general descriptions of Economic Performance that could trigger increasing rates. Melissa . Melissa peter barnes, thanks so of. Coming out of the shadows, Goldman Sachs is considering shuts down one of its largest private stock Trading Ventures where trade something anonymous. Is goldman afraid