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david: herbalife hired pricewaterhousecoopers as its new auditor. the firm will immediately reaudit the company's financial statements fiscal years ending in 2010 through 2012 as well as review 2013. liz: according to financial news, thomson reuters and market have teamed up with investment banks to build a new messaging service that might challenge competitor bloomberg. bloomberg, which pretty much owned the space come under fire recently after reports that journalist at the company were accessing customer data. goldman is teaming up with thomson reuters. david: a lot of customers didn't like it when they did that apple's ceo tim cook defending the company's tax practices before senate regulators. arguing it pays all taxes dues due and using foreign subsidiaries pay all taxes due. liz: microsoft unveiled the new xbox, a third generation console that pitches quote, the ultimate, all in one entertainment industry. microsoft says you don't need a cable box anymore because our console integrates speech recognition technology and switch to the hockey game and suddenly does it and gesture-based commands to control tv programing, gaaes, recorded video and skype chat. aft the beled starts right now. -- "after the bell" starts right now. david: let's get right to today's action. we have tim mulholland whose last two stocks picks are up nearly 20% when he told to you buy. he is back with more plays. larry shover is in the pits of the cme. larry, i want to start with you and let's start with the we talked about how the stock market rallies are moving from fed based rallies to the economy based rallies but today looks like the fed was moving the market. >> i believe you're right. a painful panic feel to it. more like binary feel. traders feel like the fed is going to do nothing or continue with the 85 billion per month, not own thinking there will be something in between and maybe the fact that inflation is not high enough, our jobs picture still isn't good enough but traders are very panicked right now and don't know what to do. thinking there is binary trade tomorrow. a big negative in trader's mind. liz: wait a minute. panicked that is a strong word. >> yeah. liz: tell me what do they fear the most here? >> well what they fear the most the market will continue to grind higher. i feel like most of us don't have appropriate exposure to the market. liz: okay. >> when, yeah, like this morning, we have small dip in the market. s&p is down five. everybody is like, wow, maybe this is the big correction, we can get back exposed to market. but it didn't happen. we bounced back up, grinding higher. people are chasing that is where panic comes to play. david: tim, forgive me, you knew this but our audience didn't necessarily know it, you're tim holland not mulholland. forgive me for miss pronouncing your name. the housing industry is one of the juiciest sectors. some people say it has already topped out but you say not so. you have one particular tock, mdc holdings. this one of the tightest well-run companies in the housing industry. why do you like it? >> it has all the charactertics we like. founder still runs it. very flush balance sheet. over half a billion dollars tack they put to work. good core business. they focus on first-time and first-time move-up buyers. you were talking about the price action in home depot. if you talk about the press release for the quarter for home depot they off to a better than expected start to the year because of housing. now there are two consecutive quarters management at home depot said what was a big head wind, housing is a tailwind. we like mdc. people are concerned about price inflation or land inflation. we think who will get squeezed ultimately not publicly-traded builders but mom-and-pop builders who don't have the capital to participate. liz: i like tim and i know david likes tim, when he comes on with picks they do well. your last 2:00 picks up 20%. as we continue through some of these other names i'm very interested to know your energy pick is range resources. >> yeah. liz: there are some names when it comes to all different subsets what goes on in the energy sector, why range? >> range is an e&p company, focused primarily on natural gas. and when you're a commodity-facing company like range resources you really want to focus on operational efficiency because ultimately you don't set the price for what you're selling. the market does. in the case of range. not only pioneered a number of unconventional e&p techniques that really unlocked the incredible energy bonanza in the country they have a great first mover advantage in marcellus shale in pennsylvania and other parts of that part of the country. which means they bought the acreage at very ttractive prices. nat-gas gone from sub-2 to $4 and change. we think the news around the permitting of the second export facility a couple days ago is a significant positive and it is just a very well-run, well-capitalized company that invested at very attractive prices years ago. david: jim you have more stock picks. we're going to get to them. i want to go back to larry for a second and pull back at the overall market right now because there is one factor that may affect the markets in a significant way, that a lot of people aren't focusing on. you are, the fact that china is moving out of its treasury holdings. like some other people, moving out of fixed income into equities right now. china is no different. they're reviewing their portfolio, moving out of the treasurys, getting more into stocks and real estate. how is that going to affect our market? >> well, according to how it goes but china is getting into the act. they're tired of our debt. they're looking at more attractive opportunities down the financial repression system. so, they're looking at private equity. they're looking at stocks and bonds, et cetera. so that is going to affect the demand for our rememberries. it might put upward pressure on your yield which could be a good or bad thing depending how far back they dial back their treasury purchase. >> we're looking at the overall picture. tim, i've got to know where will we be in your opinion by let's say the fall? because there could be lower volume this summer and everybody should be ready for that. we often see it. what about the fall when people come back and they look at this market and say there is more to go, or nah, we're done for the year? >> yeah, you know, my crystal ball is as foggy as everyone else's, liz, but i do think --. liz: yet, timocks that go up 20% so -- >> knock on wood. i wanted to mention david, holland is irish name, so being called tim mulholland is actually okay. david: there you go. right in the piiture. thank you for -- >> still in the wheelhouse t does seem to sort of earlier comments that people are underinvested still and that there's this anticipation of a significant correction and, you know, if you don't get that, it feels like there is still tremendous amount of money on the sidelines that could rotate in. you get, good, bigger picture data, q2 gdp and the like feels like this could move sharply higher. there is lot of money waiting --. david: even if you do have the pullback you have a pick that is sort of good in either environment. first cash financial, because it sells forfeited assets. it sells forfeited collateral. >> yeah. david: if things do go south, this is in a good position and it is doing well right now. >> it's a, it, fancy way, david it is a pawn shop. david: yeah. >> it is a fantastic company. very tenured management team. fantastic operating history, what is neat about first cash, 50% of their stores and revenues come from the u.s. the other 50% comes from mexico where they're the largest stand alone pawn shop format operator. mexico is booming. and so, to your point, as significant sector of the economy or consumer base still struggles a little bit, those collateralized lenders do pretty well. the other thing they have nominal exposure on pay day lending side. which is a part of the business that regulators have taken the most time focusing on. just so a really well-run, well-positioned company with a fantastic franchise in mexico. david: tim holland or mulholland, depending which country you have to be in. thanks for the safety net, tim. gooo to see you. larry shover, we'll check in with you in a few minutes to see how the s&p futures close. liz: thanks to you both. our series of wall street master stock-pickers with a look at utilities. one of our analysts top picks rallied 100% since he set to buy. she is joining us with three brand new plays. david: working to recover in oklahoma with more bad weather and potential twisters expected this afternoon. we'll talk to the ceo of oge energy. this is a company that provides electricity to these people who have been devastated. how would you control a business like that given a situation like this? we want to hear from you by the way. senate investigators as we said earlier accusing apple of paying no corporate income tax on the money they made overseas. are companies like apple taking advantage of loopholes by keeping money over there? or they doing what all of us do, using the tax code to pay as little as possible? let us know what you think. log on to facebook.com/afterthebell. we'll read your answer as little later this hour. ♪ . ♪ [ cows moo [ sizzling ] more rain... [ thunder rumble] ♪ [ male announcer ] when the world moves... futures move first. lrn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermon to test-drive the market. ♪ all on thinkorswim. from td ameritrade. welwhere new york state is... investing one billion dollars to attract and grow business. where companies like geico are investing in technology & finance. welcome to the ste where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. weome to the new buffalo. new york state is throwing out the old rule book to give your business a new edge, the edge you can only get in new york state. to grow our start your business, visit thenewny.com all stations come over to ssthis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. how long before he goes to college? 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[ female announcer ] let's talk about smaer ways to manage and savyour money. when people talk, great things happen. wells fargo. together we'll go far. liz: crack open your wallets. shares of luxury resailer saks pushing higher after reporting first quarter results. let's head down to nicole petallides on the floor of the new york stock exchange. nicole. >> report basically shows the upscale buyer is still alive. there was concern macy's said their high-end buyers dwindled to a stent. this is new annual high of 13.69 today. year-to-date it is a win upper 30%. basically while they have incurred some overhead costs that have been on the rise, same-store sales have been enough to balance that out. while they didn't make as much as they did in prior years they're still obviously showing some stellar numbers, enough to beat the street for revenue and profit came right in line. so a winning day for sachs as sales are on the rise and numbers were better than estimated. back to you. liz: nicole, thank you very much. david: the s&p futures are closing just about now in about 20 seconds. let's go to larry shover in the pits of the cme. he is there at the close. >> i am. make no mistake about it. over jot and title of the stock market is under close examination. people are looking for the next big negative that hoping bernanke will say something that will finally give us a 5% correction. they won't realize we went through things like fiscal cliff, sequester, italian elections, cyprus. none of those things broke the market. i'm hard to believe bernanke tomorrow will say sag that will break our markets. the trade is painful, it is confusing but we're grinding higher and that seems to be the narrative right now. davidd larry shover in the pits of the cm. larry, thank you very much. >> you're welcome. david: one of the first signs we had that the oklahoma tornado was saucing massive damage were the sparks and flashes we were seeing on the ground as the tornado ripped down power lines and other electrical facilities. now the tornado was two miles wide, huge thing. the winds topping 200 miles an hour. 24 have been confirmed dead, revised down from 51, at least 237 are injured. the national weather service assigned a twister a preliminary ranking of ef-4. that is the second most powerful type of twister but officials say it could be upgraded to an ef-5. meteorologists are predicting more severe weather because we're at the beginning of the tornado season and that is of great concern to our next guest. this is peter delaney, oeg chairman and ceo. this serves 800,000 clients in the greater oklahoma area right in the heart of the storm. peter, first of all, where were you when this storm struck? team talking about the storms and of course, we have separate operations center and all the, we had some, some storms on saturday as well. that's when it started. so we actually had our incident command system up and running, you know, a up can days prior to this tornado. david: by the way, peter, forgive me for interrupting. we're looking at flashes of light where i assume it is power lines going down, generators perhaps being affected. was there enough warning, so short noticed, about 15 minutes, was there enough warning to turn off power in certain key areas. >> no, not in all cases, not in all cases but the system did well. we, we suffered a lot of damage. we've got about, at this point in time we have about 25,000 customers out statewide because there is damage outside the area as well. we were fighting other storms. in that moore area we're down to about 14,000 customers and we hope to, bring that down over the next two or three days to five, five or 6,000 customers. and those customers, may not have any infrastructure, really, remaining actually to take any power. david: by the way, once again, back to yesterday, we're looking again at those videos of the storm, were you looking at the television? when you saw these twister actually touchdown, did you kind of change your planning to a whole different level? >> well, i mean our planning is around, well, you know, we never know what will company out as a result of these storms. so we're prepared as best we can. we put everybody on alert. you know, plan for the cover and hope for the best as they say. and in our first step is to make it safe for the responders and deenergize the area. second to get out and assess all the damage so we know where to start our work. third, restore power to those people who can take it. four, longer term we have to rebuild the infrastructure. david: we'll talk about rebuilding but i want to talk about some of the fires we saw yesterday. a couple of buildings went up in flames. looked like the flames were being fueled by natural gas. is that what was happening? was that a big concern of yours? >> yeah. that is always a big concern when you have, electric lines down and potential for sparks. then you have the that type of damage to the natural gas infrastructure and we coordinate with the gas company. and, you know, that is undercontrol at this point in time but --. david: thank god for that. do you have reserve fund, some kind of reserve fund for natural --, i know this was way out of what everybody was expecting but do you have a fund that will cover the cost of this and rebuilding? >> when you look at the overall damage to the community and people's lives and overall infrastructure in the area, i think our costs are not a large part of that. i guess, and again, our assessment, we, there was no-fly zones. we usually are able to get out there and fly the area. so and then the weather today impeded our assessment but at this point in time i would have to guess, probably $20 million under that for our part. but that is probably diminimus when you look at the overall infrastructure damage overall to the moore community. david: after the may '99 twister which was so horrific, up until then the worst we had seen in modern times did you make changes after the may '99 twister that perhaps will help you rebuild this time? >> well, we're always, you know, looking to do, try new approaches with our design. you know, when our transmission structures, so that, you know, to avoid the cascading and we did take some design changes and we continued to refine that, but when you have an f-4 tornado and you're looking at those types, that type of raw force, there's not much that can stand up to that. david: finally, peter, on a personal note, you have a lot of employees, several thousand employees there. they must, some of them must have been directly affected by this. how are you trying to pitch in and help them out? >> we're very fortunate in that, i don't have any reports of our members of our company that, have suffered any losses of family but of course, we do have 12 or more people that have lot of their homes. so we're putting them up in, you know, in hospitals and, we have a hardship fund in place as well to help them long-term work through this. david: in that community, oklahoma city, you've been through so much from bombings, natural disasters, et cetera, it really does stick together when times are toughest, doesn't it? >> very much. everybody comes together and just, looks forward to the next day. david: hey, our very best to you. our prayers are with you. >> thank you very much. david: pete delaney, oge, chairman and ceo and president and chairman. liz: victory for ceo and chairman, jamie dimon as shareholders rejected the attempt to split his title. many ceos like warren buffett supported mr. dimon, we have somebody who said they made a mistake by not splitting the rose. he is liot spitzer, former new york governor. he is joining us first on fox business. david: tim cook on capitol hill. the apple ceo is defending his company against accusations they dodged taxes but how much did ge pay in corporate taxes? why weren't they brought in for a grilling? we have details coming next. ♪ . liz: jpmorgan shareholders have voted to keep jamie dimon as company chairman and ceo. ahead of the meeting deciding whether to split the roles several business leaders weeks ago started to lead up to today came out in support of jamie here on fox business. >> i think jamie is the best in the finance industry and i would be very focused on keeping him at that company if i were shareholders. >> look, he has done an outstanding job as ceo and chairman. why would you tamper with success? >> i'm 100% of with jamie. liz: not everyone is in love with mr. dimon serving both those roles. it might not be bad if dimon lost ome of his power that is what my next guest would say. former new york governor, eliot spitzer in a exclusive fox business interview. you dealt with when you were attorney general talking about corporate governance and leadership as well. >> right. liz: does jamie dimon doesn't deserve the job or splitting chairman and ceo role helps the company? >> my view it helps the company. jamie dimon is superb ceo. i will credit him for that. i respect about the job he done and disagree with fundamental decisions he made. that aside this isn't about jamie, understanding too much power aggregated in the ceo position permits the ceo to dominate the board and the board of directors is only check we have on the ceo. shareholder votes, really are meaningless in corporate democracy these days. the metaphor i use if thomas jefferson were acknowledged to be the president we ever had we still would not eliminate the supreme court and congress. checks and balances is structurally important. we need somebody there as an alternative set of eyes, the board of directors and chairman. board, chairwoman, should be there abuse their primary responsibility is look at ceo and say are you doing the right thing. liz: governor, there are so many companies, in fact we decided to throw together a list. some do it with the chairman ceo role and some do not. >> right. liz: if we look with the chairman and ceo, where one person holds the title, the question becomes when if the shareholders are happy and what if the return is good? jpmorgan's return has been stellar. look you have goldman sachs, same thing. wells fargo, directv, disney. they all have one guy at top. >> you're trying to argue a generalized principle from individual cases. sure there are cases where the chairman and ceo is vested in one person. perform hands has been good. cases where you have the division, it has been good and better. i'm talking structurally in terms of long-term corporate governance. ira millstein, one. great mind who looked at corporate governance, conservative lawyer at top of the legal world he is the one who many years ago began to push that idea saying look we just need a check on the ceo. it is not the only reason but one of the reasons, the aggregation into the imperial ceo as we call it. too much power. ceo compensation went crazy. decisions excessively risky were made by ceos. jamie has done well. he led a company that i think number is $8.5 billion to fines in the federal government past couple years. josh rosner, highly respected banker came out with the report saying as good as he is there is still problems with an institution that big. my view is jpmorgan chase is too. >> don't understand if you don't have that there will not be problems. not at all. what i'm saying having all that power in one position, in one person is more likely to lead to problems and hence as a governance matter that is why which have checks and balance in the constitution. that is why we have checks and balance in corporate governance. we should divide the positions. liz: do you think, a lot of questions why this suddenly came up again? there was the trade that went south, $6 billion in the grand scheme of things not a huge amount. they're is something called accidental investor. a lot of pension fund, they are they are tied to the s&p, so they have to have jpmorgan as one their stocks in there. >> right. liz: they are some of the loudest complainers about this kind of thing in certain regard. should they be, i don't know if they're really focused that much on the stork. should accidental investors not be allowed to vote, real choosers? >> you're raising what is a thorny issues, shareholder democracy has failed last number about of years. you get failed because of people buying in at last minute to vote. the biggest problem is institutional investors, pension funds, institutional funds do not play a role they should play participating in corporate democracy and examining what is going on in the books. rather than focusing on reasonably small accidental investors the question i ask to institutional investors, sort of extutional investors control billions and billions of dollars, pension funds, mutual funds, where have they been providing check? that is issue we have to focus on. >> e. liz: governor eliot spitzer, former governor of new york and new york attorney general on this subject. it is not over perhaps from any other company where one man and one woman holds chairman and ceo role. david, to you. david: another ceo in the news, apple ceo tim cook facing tough questions by senators today over claims that the tech giant didn't pay enough in taxes. cook fired back with claims of his own. you're all-star coverage of the top stock-pickers on street continues. today we'll talk about utilities. this analyst's best-performing pick is up 100% since she rated it a buy. she is here with three new plays you don't want to miss. ♪ liz: time for a look at today's market drivers. stocks ending the session in the green after comments from federal reserve members suggested that the central bank is not close to tapering its bond-buying program. the dow posted its agenth straight record close and the 19th straight day of gains. health care and consumer discretionary were today's top performing sectors. following comments from federal reserve officials on the need to sustain the central bank's money printing policies or quantitative easing. yields touched a two-month intraday high before falling two basis points. metals seeing red. gold fell half a percent to settle at $1377 a troy ounce while silver dropped nearly 1%. platinum is the day's worst performer dropping 1.8% to its lowest level in more than a week. david. david: why you have gold. liz: that's right. got to love gold. i like plat numb too. no known app for this. fending off tough questions from lawmakers on capitol hill. apple ceo tim cook did his best as he tried to defend the $6 billion in taxes apple paid in taxes. lawmakers want to know if apple dodged u.s. taxes by taking advantage of offshore loopholes. david: here is with details, is liz macdonald. not all senaaors were dumping on apple a couple of senators were on apple's side. >> rand paul said instead of tim cook there should be a giant mirror to look back at the corporate tax system congress has written into law. i don't know if we had this from tim cook. he pushed back. saying we're not using gimmicks at apple. we're not use do we have the sound bite, guys? >> we paid all the taxes we owe, every single dollar. we not only comply with the laws but we comply with the spirit of the laws. we don't depend on tax gimmicks. >> all right. so here is exactly the heart of the matter. apple has housed in the irish units its intellectual property meaning stuff that backs the ipads and iphones. senator mccain and senator levin saying apple should bring the intellectual property back into the united states. apple is saying, 2/3 of our sales is overseas. that is why a big chunk of our cash is overseas to support those profits that we bring in the door. the 74 billion does go through the irish headquarters of apple. apple does employ 4,000 workers despite what senator levin said, this is not a shell operation. it is not a phantom organization. the overseas i point out two third of global sales into europe, mid-east, asia, africa and pacific. this is according to tim cook's testimony. they do manage manufacturing, customer service and other operations. how do you get u.s. companies to bring the money from back overseas into the united states? is apple the best example to illustrate what the point senators want to make, there is too much cash sitting overseas, how do you get it back in. david: a lot of companies have a say have a tax holiday. they have done that before. is that on the table? >> every time there has been a tax holiday congress gets upset, companies use it to pay dividends or stock buybacks and lay off people. the dividends point is important. because congress does a lot of spending saying that will create economic growth. when people have dividends they spend it. that creates economic growth. you don't hear that point made, you do hear at fox business. >> there you go. david: thanks very much, liz macdonald. also "the wall street journal" naming the top stock-pickers on the street and we are bringing them to you in our street all-stairs series. we are talking utility stocks. this picker we have coming up, last pick she had is up 100%. she knows what she is talking about. ♪ welcome to the new buffalo. new york ste is throwing out the old rule book to give your business a new edge, the edge you can only get in new york stat to grow our start your businessvisit thenewny.com and you wouldn't have it any other way.e. but your erectile dysfunction - u know, that could be a question of blood fl. cialis tadalafil for daily use helps you be ready anytime e moment's right. you cabe more confident in your ability to be ready. and the same cialis is the only daid tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medication and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or mule ache. to avoid long-term injury, seek immediate medical help for an erection lasting morehan four hours. if you have any sudden decrease or loss in hearing or vision, or if you have any allergic reactions such as rash, hives, swelling of the lips, tongue or thro, or difficulty breathing swallowing, stop taking cialis a get medical help right away. ask your dtor about cialis for dailuse and a 30-tablet free trial. >> i'm jo ling kent with your fox business brief. it was another record-breaking day on wall street. investors bank on continued support from the federal reserve. the blue-chips closing higher for a 19th straight session and 129 stocks on the s&p 500 also touched 52-week highs today. the owner of saks fifth avenue has hired goldman saks to explore strategic alternative including a potential sale. the "new york post" reporting likely bidders include large private equity firms, among them kkr and leonard green and partners. teens are more revealing about themselves on social media in an attempt to protect their reputations that is according to a new study from pew research about online behavior. many teens are flocking to twitter in efforts to avoid their parents and the oversharing. 26% say they use the micro blogging site, more than doubling the amount back in 2011. that is the latest from the fox business network, giving you the power to prosper. liz: "the wall street journal"'s top stock-pickers getting a lot of attention and what we're doing is bringing each and everyone of them to you. the number one names in different sectors all this week. david: today's master stock-picker is angie from a mac quarry capital management. one of her top stock picks last year, american water works jump 100%. while she rated it a buy. >> thank you. david: thanks for coming in. a lot of people look to utilities for yield at a time when everybody is chasing yield. there have been legend written about all the yield chasing going on. a lot of folks are lured by the higher dividend. you say don't fall into that trap. why not? >> we're a bit cautious. if you look at performance of utilities year-to-date, they have been very strong. we've seen some issues with the fundamentals of their businesses. we worry about historically high valuations. that is why we're a little bit reluctant to chase them. iim not saying there is anything wrong with utilities but when you look at the performance say over the last 24 months it is rather intimidating. >> what do you look for each time you're deciding whether to commit your very valuable buy signal to a stock? >> we would like to see potential growth in utilities as opposed to dividend yields growth in dividends as opposed to dields. there are companies who have growth in this know-growth sector, right? we have for instance, our top pick, american water works can grow earnings and dividends 9% that is unheard of especially when you hear about stocks, beta, the risk of this company is .3 or .4. that is an amazing risk/reward for a utility in my opinion. david: why water now, by the way? >> why water? it's, plain vanilla utility with very little, if any headlines. the growth is superior. it is typical electrical utility growth is three to 4%. you must have heard we're consuming less and less electricity. we are consuming less water as well but it is already embedded in rates. david: we're using a lot more water in fracking. that might put a -- >> we are. it is a risky way of actually deploying capital of a university with utility. there is a little bit of an angle with american water works but i'm actually not that excited about it because i think it will significantly change its risk profile. liz: how so? >> its, it's not regulated portion of their operations. and it requires quite significant capital deployment and that is just not the type of business i'm paying high multiples for. liz: you like two names today, energy and ppl. start with nrg. what is it about this company in particular that you like so much right now? >> both nrg and ppl are options on recovering natural gas prices. i'm not particularly bullish on natural gas. liz: do you have a natural gas price target? >> we do and pretty much along the forward curve, about 4, 4.50 on the forward curve. liz: we're slightly above 4 right now. >> that is front month gas. david: ppl is classic energy and utility holding. >> it really is. it is a big utility in kentucky and pennsylvania and u.k. it has a big power generation business in pennsylvania that nobody pays for. i feel like this is true option in recovery in power prices f goss would -- if gas recovers the prices of coal in pennsylvania would increase. liz: financial journalists including us sometimes in fox business people are rotating out of the safety of utilities into something else now do you kind of laugh to yourself? is there a position or way you feel in everybody's portfolio for some utilities? >> i think so, just even to balance the portfolio. having said that, the last 30 days have been pretty brutal for utilities. sell in may has been working pretty well. but are today's comments from the federal reserve should make investors more comfortable with their exposure to safety, right? dividend yielding stocks should remain in favor. david: by the way, speaking of safety, there is one thing you say we should avoid. that isen tire state of illinois. illinois, is it about to go belly-up? >> it has nothing to do with the economy in illinois even though, you know, definitely there is little if any consumption of electricity in that state. the state is oversupplied. we see it surrounded by wind power and those subsidized wind farms are basically weighing on power prices for conventional power companies like dynegy or excelon. these are well-managed companies but at the end of the day, fundamentals are weak and it is time to recognize it in their stock price. >> angie, great to have you. thank you very much. congratulations on being a master stock-picker named by "the wall street journal". >> thank you. liz: the most valuable brands in the world have now been named. can you guess which company earned this year's very tip top ranking? it is one of four brands on your screen right now. you get to guess. we have the answer straight ahead. david: social media is helping to improve home improvement. we're talking to one of the stars of hgtv on how they have been able to monotize their products through social sites. ♪ . david: a lot of businesses finding ways to monetize their products with social media especially companies in the home improvement sector. liz: jeff flock decided to go live from caswell design studios yos to illustrate this story. jeff. >> what is this, meg? >> outdoor mace john jar, lan earn. >> meg, you way know, i watch a lot of hgtv. show hosts great rooms with meg. you were season six design star winner. >> sure was. >> yeah. huge, one of the reasons, we have it first put up the numbers, today home depot had a huge run today but has had a long run because of this craze in home improvement. >> i spent a lot of my time in home depot yesterday actually -- >> getting these actual supplies. >> yeah. >> you're big on social media. we're hear because of the yahoo! tumblr deal. you have found that, in home improvement social media is just exloaded. -- exploded. >> absolutely. all the social media sites like pinterest, facebook, twitter, all the type social media outlets allowed us as design ers to be inspired and. >> you can share with each other. >> absolutely. it is all about sharing, let people see projects they're working on, how to do them. >> what is this project? >> this is definitely cool. i found actually really affordable glasses, a wrapped them in rubber bands. spray-painted them. then when you take off the rubberband you have this beautiful -- took me 10 minutes to do that. >> that would have cost me a pile at pier 1. >> this was 10 dollars for all of these. for 12. >> i leave you with perhaps the scripps interactive hot board. they have had a great run. scripps is the one that owns hgtv, diy network which i love. >> i love that. >> do it yourself network. >> this is huge now. exactly. social media is a booming because of this. david: hold on. you do more than watch these shows? liz: i sit on the couch. i lean back, jeff and i watch meg and i say, can she come to my house to do it for me? i can't do any of that. i can't spray paint a votiv. >> she can come and put rubber bands on your glasses too. liz: i will give her store-bought baked goods. david: remind her to put fox business up on her website. we want all those viewers here at fox business. >> she did today. she did on her website of the. david: thanks so much, meg. liz: mason jar lighting system. i'm doing it. david: yeah, right. liz: a new report out ranking the most valuable brands in the world and one of these companies takes the crown. we'll seal you -- tell you who next. ♪ [ slap! ] [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you h heartburn. ♪ tum tum tum tum tu ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: u're history. instead of looking behind... delta is lking beyond. 80 thousand of us investing billions... in everything from the best experiences below... we're not simply saluting history... we're making it. are you stilsleeping? just wanted to check and make sure that we were on schedule. the first technology arof its kind...ping? mom and dad, iave great news. is now providing answers families need. siemens. answers. the ocean gets warmer. the ruvian anchovy harvest suffers. it raises the price of fishmeal, cattleeed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested ithe world. bny mellon. liz: "the wall street journal" is releasing its new list of tech ideas they say should scare you. coming in at number three, drones. taking a second spot, self-driving cars. well that is scary. the top spot for new tech ideas that should scare you, 3-d printers? david: why? liz: it is reported that more than 100,000 blueprints for guns were already downloaded earlier this month. david: also "off the desk", the 2013 version of brand z's most valuable global brands has been released. brand values calculated by number of different factors, customer perception, estimate of growth potential and other things. coming in at number three, that is ibm. taking second place, what ever happened to coca-cola, by the way. spot number one of the most valueable brand is, even though share price is down, apple is still number one. liz: yum brands is not in theee. usually it is kfc, right? we asked you on facebook and twitter if companies are taking advantage of loopholes keeping companies overseas. joseph wrote in on facebook to say, yes, they are, but like so many other companies doing that. david: john on facebook wrote in saying they're not being fair to stockholders if they do not take all legitimate deductions. liz: guy on facebook said, no, the tax system itself is the problem. any system that taxes production and not consumption is doomed to fail. david: by the way, we are watching what will happen tomorrow very carefully. the number one thing to watch, federal reserve chairman ben bernanke's testimony before the joint economic committee. the chairman is expected to give his outlook on the state of the u.s. economy and investors will be looking for any clues when the fed may be thinking of winding down their money-printing. liz: "money", speaking of which with dennis kneale in for melissa francis is next. david: we'll see you tomorrow >> i'm dennis kneale in for melissa francis and here is what is money tonight. u.s. senate launches an assault on apple's tax practice and billions it has overseas. can tim cook and other ceos stop a tax grab by congress? we got the world's most valuable brands. a look behind the gold-plated labels. their value could show what you is next for their stock prices. stick around for details. >> and who made money today? one party did and hedge fund billionaire bill ackman is not happy about it. more on that coming up. even when they say it isn't, it is always about money.

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