Transcripts For FBC FOX Business After The Bell 20131004

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any ground in their budget battle which has partially shut down the government. speaker boehner says republicans are still demanding changes in the president's health care plan. >> billionaire carl icahn backed away from a final legal battle over the value of his shares from the pc-maker which is going private. icahn says there is better uses for the $2 billion invested in bell. cheryl: sotheby's adopted a poison pill to make it more difficult for a buyer to acquire the company. the auction house is trying to fend off activist investor dan lobe, who raised his stake in that firm. david: says he has better artistic sense than the current management. nasdaq ceo bob greifeld visiting twitter san francisco headquarters today. apparently making a last-ditch charm offensive to get twitter to list on the nasdaq and the upcoming ipo. cheryl: next big question for them. microsoft outgoing ceo steve ballmer receive ad smaller than projected bone for the second year in a row. following disappointing sales for windows 8 and the surface tablet. david: samsung tablet were launched on at&t and sprint today. the launch was accompanied by huge advertising campaign in leading newspapers. we have a very exciting "after the bell" and it starts right now. david: sometimes it is very exciting is a gimmick. i have to admit that, it is not a gimmick. i love the fact we got a real market action in the positive direction which all that going inside. like the economy is saying, you know, the heck with you. i could do a gesture but it would be obscene. i came close to it, almost, but wall street is saying essentially to folks inside the beltway. let's break down today's market action. david kudla, he says market valuations are not stretched. he will tell us four ways to play the market. he knows his stuff. chris gersh from the cme. chris knows his stuff. we have a couple things happening today. we did not get the labor stats from bls it is considered a non-essential part of the government. so guess what? we have to rely on the private stats from adp and some other sources. we have no usda livestock prices but guess what? tyson foods is going to private sources for pricing mechanisms. i'm just wondering here if the market and i mean not only stock markets but the economy in general standing back, gee, you know what? maybe the private sector can do these non-essential items better than the government can. what do you think? >> i think the private sector can always do a better job than the government. come on, series of us traders down here that want everything to go private because the efficiency and the red tape, they don't have to cut through. but us traders here, the big news after boehner came out, we opened above that 1680 level right here in the futures pit and we rallied. boehner came out. we had a three handle pullback. in 20 minutes the market digested that. even though there is no deal on the table it rallied above that 1680 level. that tells us traders we want to be in the market in case something does get resolved over the fear of not, of not being in the market and things continuing to get worse. we think that the market is going higher. cheryl: let's bring in another voice. we've got david and chris. rye ryan sweet, moody's senior economist. ryan this was a strange day today. this was jobs friday with no jobs report. we got adp with initial claims. how do you wake up on a friday morning without a jobs report to assess the health of the jobs market and what it means for gdp? >> this morning it was a little less stressful than usual but there were plenty of things to keep us busy. we do the forecast with adp. this week we were leaning very heavily on private sector data. we had isns which showed a little sign that the economy was leaking in september. we got the adp employment numbers and vehicle sales. when you sum it up, looks like the economy in the third quarter rose 1 1/2%. david: david kudla, i want to get back to my main point. we're using more private data. using private vehicles in a whole lot of areas we've been told by folks inside the belt way, only the government can do that. guess what? the private sector can do things better. what we saw by the way the august 2011 exercise where we had the debt negotiations. downgrade of your own debt. everybody said, you know the sky was falling. in fact we came back and it led to the sequester. guess what? the sequester led to less government spending. that is a good thing. do you think some of this is now being digested by the markets? >> i think some is being digested by the markets. i think also the markets and investors are less sensitive to what government does. in september of 2011, that, in that period, we had, the markets adjusted in a very drastic way. david: very quickly, by the way just to go back, it was a friday when our, when we were downgraded, the united states was downgraded. following monday we went down. the markets came down 5%. big drop, but in one week they were back up to exactly where they were before, david? >> right. this what happened. we're basically flat to up a little bit. david: good point. >> from where the government was shut down. market an investors are becoming more desensitized for this. they know it is noise. long-term investors know it is noise we'll work through. there will be a agreement after all the grandstanding, political posturing and markets will move higher. cheryl: stand by for just a moment. we're getting breaking news. i want to bring it to our viewers right now. this is from our partners at "the wall street journal." looks like jana partners takeing a 10% stake in outer wall. this used to be coinstar, if you remember the coinstar the company. this is now outer wall. looks like a activist move by janna. they want to look at strategic options with the board at outerwall. a bump up in the ask versus the bid. this is crossing after the bell as we sit here with markets closed. "wall street journal" reporting this. a lot of problems with coinstar. janna wants to come in and change up this company. i want to get to breaking news with all the viewers as well. i want to go back to chris in a moment. chris, on a day when you get a lot of big ipo news and movement and john boehner make that very angry statement in front of the cameras this morning, you really -- >> no damn game. cheryl: i'm sorry? >> it's no damn game, repeating it. cheryl: glad you said it. i didn't want to curse but he did today, he cursed. the s&p there was a big move in the s&p on that, spiking volatility from david's point, this doesn't end. >> we saw volatility spike in the vix and you know with uncertainty, the government not issuing reports getting back to your report before we've seen the increase in vix but nothing like we saw in june. us traders we want to be long this market. the fact we're able to digest that. on my trading desk there are a lost individuals that sold the market. i had to cover those short positions right away because everyone seems to be going long, despite a stronger dollar. we saw a pullback in gold. if you see a big spike up, the market up and down gold environment, that tells me that this market is really not scared about this inevitable, the debt ceiling it is two weeks away. us traders are not even really think about that right now. david: ryan, what about interest rates? people are thinking about that. they have come down tremendously since the last fed meeting when they said they would begin printing money. they ticked up again. do you think that is a trend that we'll see next week? >> no, i don't think so. i think we'll see, taking a bigger view the 10-year end this year right around where it is today. david: really? >> i think the fed is, i think the fed is clearly, they're very hesitant to begin tapering process. with the government shut down, it is already doing economic damage. shaving off .2 of a percentage point off fourth quarter gdp. if this trip goes into next week, it will shave half a point off gdp much the fed will be cautious. heightened policy uncertainty has certain implications for future business investment and hiring. the fed will delay tapering earlier this year or 2014. >> that is a very bold prediction. that's a very bold prediction. 160 basis-point move in the 10-year in the last four months. i don't think it will be around here. we have some volatility coming up. cheryl: we have to put money to work. we can start doing that monday morning. david, i want to go to you. you have very interesting stock picks. you like ford. that company we know. but you have a company called genomic health incorporated, ghdx. the stock is down 18% over the last year. you say this is a big bet in biotech. why do you like this one, david? >> we like biotech in general because it is growth area traditionally defensive sector. the cracking of human genome and what that translated into diagnostic testing, treatments and cures. we'll see stocks like this one, continue to move or move higher. david: by the way, david, at end of the year do you think interest rates are the same or higher than they are now? >> well, we had. comment earlier about ism much the ism manufacturing index, for september, was actually the highest in 29 months. our services index came down a little bit in september. but in august, the highest since december two thousand five. we see a lot of good economic data. david: very simple, david, we don't have much time. the 10 year interest rate higher or lower by the end of the year? >> higher. david: ryan, that leaves you by yourself. hey, you're a bold guy. you've been in at that position. ryan, david, wonderful to see you guys. thanks so much. we'll be back with chris in couple minutes when the s&p futures close. cheryl: there you go. never a boring day especially with washington involved. there is no end in sight with the political game of chicken they're playing. both president obama and republicans are standing firm but is the tone of this confrontation beginning to shift? it was lunchtime. david: twitter's ipo plans are out in the open now. a lot of people are kind of disappointed with the money figures. we're going to find out whether the social media giant can convince investors it will eventually, because it is not now, turning a profit. cheryl: there has to be a story there. that takes us to today's facebook question. get it? will you invest in twitter? tell us why or maybe why not. log on to facebook.com/afterthebell. we'll bring you those answers at the end. show. ♪ ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. 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(vo) meee-ow, business pro. meee-ow. go national. go like a pro. david: just 15 seconds and the s&p futures will be closed. let's head back to chris again in the cme. what is the late action? >> traders are settling for the short position over the weekend. >> by the way we didn't mention this, but saturday is the day when he congress is going to meet again an some people ares is specificking it might happen. as you said before, chris, traders want to be long going into the weekend with a possibility of some resolution. they don't want to be caught short. >> correct. they feel that they can trade out of it if they are long on monday and something doesn't happen. but like i said, we have several trading days before the 18th. traders are look together long sign. david: chris gersch, have a great weekend, chris. cheryl: shares of cbs went higher after signing a big tv talent to a contract extension. let's head back to nicole petroleum on the floor of the new york stock exchange with this one. >> david letterman a household name and loved by many viewers. they will be happy to know that cbs extended david letterman's contract through the year 2015. this will continue tv's longest-running late night host. 31 years and continues to count. so his show averages over 3 million viewers nightly, behind leno but ahead of jimmy kimmel. it will be interesting to continue to follow his following over the next few years into 2015.3 cheryl: what will he do after 2015? or is that going to go? >> i don't know. we'll see then. his studio is freezing if you ever been in it. wear a jacket. david: i miss johnny carson. cheryl: work with david asman. you like a good, cold, studio. david: i like a good cold studio, keeps you awake but nobody like johnny carson. cheryl: thank you, nicole petallides. it is one of today's top stories. twitter discloses financials for the upcoming ipo they are a confused by the new ticker symbol, twtr. that has not started to trade. david: we don't even know where it will be trading. but ticker symbol twtrq is still trading. that is symbol for penny stock, tweeter a defunct home entertainment company. the company saw 800%jump to 13 cents in today's reason. only likely reason sim laters between the names and ticker symbols. cheryl: that is big oops you think on that one? david: i think so. cheryl: the real twitter has time before it officially begins trading the company released some financial information. one surprise, the company valued at 9.7 billion, actually saw a 40% increase in the net loss in the first six months of 2013. david: supposed to be going up, not down. did this company wait too long for its ipo? joining us is the privco ceo and founder. thanks for coming in, sam. >> my pleasure. david: a lot of weakness on the money front with regard to twitter. people thought it was worth more. the revenue was more. might even be makeing a profit which it is not. what is the single greatest weakness you've seen out of the twitter reports? >> to me, it is not necessarily the absolute amount of the revenue. it was in line with most expectations. it is the rate of growth of that revenue. if you look at a chart, i think we provided it, year-over-year growth rate. went from eight quarters ago, 220% year-over-year. drops to 1730 a couple quarters later. to 130 most recently, the last amendment they have to do before the road show, they have to plug in the third quarter, september 30th it will be down double digits. cheryl: the other story the charts don't show where revenue is coming from. it is geographic. it is coming from the united states. 2/3 of twitter users are, they're not monetizing international audience. maybe they can. >> that is the big problem, all the new users are coming outside the u.s. u.s. users grew 11%, lowest growth rate ever. it will be flat-lined in three or four months, it will be flat-lined. all users are coming from egypt, iran, libya, botswana. we crunched numbers all night last night you tell the way i look. thank god for tv makeup. they make 30 cents page view, $2.50 from u.s. users. cheryl: they have to grow the u.s. they have got no choice. i mean international. >> how do you grow international users? cheryl: in line against facebook. >> there are only some people willing to tweet. they have already 60 million monthly active users in the u.s. you subtract the kid, you subtract my dad. essentially you're, subtract david. david: there are a lot of negatives. i'm a strange one to be coming to twitter's defense although i don't use the damn thing although i will have to eventually. this is such a stock-hungry environment. despite all the shenanigans inside the beltway. you see what the market did today. it still wants to grow. >> of course. david: even with all the shortcomings of twitter you mentioned so eloquently, because it is such a stock hungry environment the ipo will do well? >> no question about it. we're expecting this november 8th. goldman sachs we understand will restrict the number of shares being sold by insiders which will make a scarcity like linked in did, very smart, sell 8%, 9%. there will on be a lot of demand for twitter. everyone knows the name. very easy to understand. even if you don't use it, i'm sure, david, i'm sure you understand it. makes sense. david: i use it from time to time, more and more. cheryl:@cheryl casone. valued at 9.7 billion. facebook was valued 100 billion. what do you think they learn from where facebook went wrong? smaller valuation but you say limit the shares? >> also limit the shares and don't get greedy on the valuation that is the most important thing. 9.7 billion what they were last valued at the secondary markets and blackrock stake that was sold. we expect it to be valued 15 billion. david: which exchange should trade in. >> new york stock exchange, nyse is where my money is. cheryl: even with the twtr, with the four letter. >> the fact with the four letter ticker and didn't name it, they're doing a real tease with the nasdaa. cheryl: they're still dancing -- >> they're hoping to get major major goodies from nasdaq. nasdaq has a fighting chance. david: by the way you got no sleep last night? >> an hour. david: an hour. you did great. with an hour's sleep. cheryl: go take a nap. >> i will take a nap in the green room. david: coming up is the next best thing, is the next best thing to rolls-royce -- you've driven around in a rolls-royce? cheryl: every day. david: is the next best thing to the rolls-royce? this is a bentley. this is the cheap, $200,000 flying spur. some people say it is better than a rolls. we take it for a test drive later this hour. cheryl: you will have to tell me, david, that's for sure. it is an exercise frenzy taking over new york and l.a. we'll talk to the founders with their plans to sweep the entire nation and they're going overseas. get ready for a workout. we'll be right back. david: we're sending sam home in a rolls. ♪ um... where's mrs. davis? she took an early spring break thanks to her double miles from the capital one venture card. now what was mrs. davis teaching? spelling. that's not a subject, right? i mean, spell check. that's a program. algebra. okay. persons a and b are flying to the bahamas. how fast will they get there? don't you need distance, rate and... no, all it takes is double miles. 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(both) i'm happy. i'm happy. happy. happy. happy. happy. happy happy. i love logistics. >> i'm jo ling kent with fox business. we have breaking news for you. on tuesday you may remember a video was circulated after model s, tesla model s, on fire. tesla shares dropped 9%. yesterday they were 10% off their highs. just a few minutes ago, ceo elon musk put out a much longer and personal statement of sorts explaining what they believe happened to that car and interestingly he took a swipe at regular gasoline powered karzaiing, quote, had a conventional gasoline car encountered the same object on the highway the results could have been far worse. later on he said the typical gasoline car only has a thin metal sheet protecting the underbody, leaving it vulnerable to destruction of the fuel supply lines or fuel tank which cause as pool of gasoline to form and often burn the entire car to the ground. ceo elon musk included correspondence with the model s owner, rob carlson, interestingly he is also an investor. the owner said i'm still a big fan of your car and look forward to getting back into one. the tesla offered a white loaner as well and they say they are very, he says the company is being very supportive. send it back to you guys. david: okay. by the way i think owner is investor in the company too. >> yes. cheryl: probably so, that might have affected his opinion. it is day four of the partial government shutdown as we head into the weekend. there is still no end to the political stalemate inside the beltway. is there any glimmer of hope at all? cheryl: rich edson in washington with the latest twists and turns i guess a long weekend in d.c., rich? >> long weekend. politically if both side can't come to agreement and government is shut down, house republicans can't exactly go home and president can't exactly go off possibly to play golf. he canceled his asian trip. this is the point where lawmakers and white house have to hunger down and fight this thing out. the problem when you listen to what democrats and republicans are saying all week and today, they're not budging. >> this shutdown could be over today. we know there are the votes for it in the louse of representatives. as i said yesterday, if speaker boehner will simply allow that vote to take place, we could end the shutdown. >> the president continues to refuse to sit down with us republicans. and sadly, that is a hallmark of his presidency. in divided government americans expect us to work together to solve problems. >> by the way you caught the president there. he and vice president joe biden went for a little walk. take as lot of security to do it. pretty hot day. they braved elements and got some lunch this afternoon. what will go on the house, these bills that passed so far from the house of representatives that fund different slices of the government and they go over to the senate where senators say they will not pass it or senate democrats will say they will not pass them. they say you fund entire government or fund none of it. still a stand still. nothing will break it. david: to wall street says, we don't care. we'll keep going. that's what happened today anyway. we'll see if it happens next week. cheryl: hopefully fitch and s&p will leave us alone. david: that's right. i think they were scared off when s&p saw the government going after them. cheryl: well, soulcycle is a workout sensation that is creating a huge buzz. just a moment we'll speak with the entrepreneurs who survived the financial crisis and kicked craze into high gear. they have a new big thing they will talk to us about. david: started in our neighborhood. cheryl: it did, in our neighborhood in new york city. david: also this car is one of the most luxurious sedans. wait a minute? is that lee hawkins driving it? our own lee hawkins driving the new bentley. is it really worth the $200,000 sticker price? that is cheap. we'll speak with someone who had a privilege getting inside of this car. you're looking at him in the rear view mirror. lee hawkins will be here to tell us about it. cheryl: looks incredibly comfortable. ♪ if you've got it, you know how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. you know, spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting 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? don't wait to ask your doctor about spiriva. so i can reach ally bank 24/7, but there ar24/7.branches? i'm sorry, i'm just really reluctant to try new things. really? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. cheryl: okay. whether you're male or female you know all about this. indoor cycling craze is more popular than ever but where did the revival of cycling start? soulcycle is opening sixth year as it opens 20th location. they have plans for other studios next year. how did they survive and launch during the financial crisis? the founders were worried that the craze would come to an end. maybe they weren't. we have elizabeth rice and julie cutter. >> thanks for having us. cheryl: this was something, you were going to classes. you were board and -- bored, and neither were in the fitness industry, especially, us you were in real estate. >> that's right. cheryl: this is where it started with you? >> we were looking we both could fall in love with and something that didn't exist in the market. we decided we would have to create it. cheryl: julie, you were a talent agent, correct? >> i was. cheryl: you two team up and look for something new. elizabeth you take your money. >> that's right. cheryl: you had a business sold to pepsico, you put it down. that was a big gamble in 2007? >> it was a gamble but we knew it was something to do right and one foot after another we got there and launched first studio in 2006. it was excited to people connecting with the workout. cheryl: you talk about soulcycle and i heard all bit, from all of my friends. i have never taken a class. tell me why it is so different than a cycling class? >> it so different. 45 minutes. it is efficient. we made cycling full body. soulcycle come alive in the room. inspirational teachers. ride in the dark in candlelight. cheryl: you do candles for cycling class. so i won't go to sleep. >> it's a party on a bike. the exact opposite. something about being in the dark where you find freedom and joy and energy an people around you. we ride together as a pack. it is really a party on a bike. cheryl: that initial investment, were you all nervous, those first six months before you turn ad profit with your first studio? were you thinking, looking at each other going, oh, my god, i hope this works out? >> we had a goal to see 75 riders a day. went to starbucks. wrote it back of a napkin. that was our business plan. now we have 6,000. cheryl: i know you started up in new york city and you had two part-time employees and they had to baby sit your kids? >> did. everybody grew up at the front desk. that is how we train people. anybody that works learns how to work at front desk. it is pretty cool. we created 650 jobs in the past year. cheryl: you're expanding now. are you going to do this as franchise situation or will you continue to own? >> we'll own an operate. we're control freaks actually. we didn't know that. but now we do. it was whole process kind of closed end to end experience. cheryl: julie, what would you say to somebody that has an idea but they're nervous? what would you say to the person what it takes to be a business owner and entrepreneur? >> it takes hard work. that is the real truth of it. takes persistence and hard work. we haven't done everything perfect but when we made mistakes we kept on going. people think they have to have a huge idea or huge amount of money or real thorough, thorough plan. the truth is, if you have an idea and put one foot in front of the other and take it day by day the truth is with persistence you can make it happen. cheryl: you sign ad partnership with equinox. national viewers may not know equinox. they are big in new york city and they have them in l.a. why partner with a gym with cycling classs. >> at the time we did the deal they were in business 20 years. they knew best practices. we wanted to make sure we had a first class operation and they helped us leverage our resources. >> are you worried that it will lose popularity? >> elizabeth says there is only couple ways to get cardio and everyone needs it. cycling running, swimming and i think cycling will be around a long time. cheryl: mention expansion will be nationwide. we will see where you go. international, london is coming up. we'll be following this. hope to see you on a bike. julie, liz beg, thank you so much. appreciate it. david, over to you. we're going together. david: she wants to bring me along. we live in the same neighborhood. we have breaking news on effects what is happening inside the beltway and what is happening inside corporate america. boeing announcing they may have some furloughs as early as next week if the shutdown continues. the stock was beaten down most of the week. it came back significantly today but who knows what will happen after-hours. doesn't seem to be affecting it terribly after-hours. but again as the news settles in, boeing is warning of limited defense unit furloughs as early as next week, this is a stock to watch over the weekend and early morning on monday. boeing is still evaluating the number and exact timing of the potential furloughs. we'll see what happens with boeing. coming up, life in the fast lane. we look at bentley's new super sedan. it has always been a rolls royce wannabe. it is really breaking away from that moniker as it comes out with this terrific sedan worth $200,000. our own man, lee hawkins, the hawk, he will be driving that car. he will tell us what it feels like. also their sandwiches are delicious and investors were eating up potbelly's stock on the first day of trading. we'll tell you whether the stock will continue to skyrocket as it did day. that is coming up. ♪ thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. she loves a lot of it's 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 moment's 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, like needing to go frequely 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 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 muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than 4 hours. if you have any sudden decrease or loss in hearing or vision, or iyou have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your docr about cialis for daily use and a 30-tablet free trial. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed 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 in the world. bny mellon. david: well despite u.s. auto sales slipping in september, high-end customers are still willing to spend the big bucks here and abroad on big ticket rides. one of those, luxury automakers bentley. it is launching a brand new, beautiful, gorgeous, sedan. i fell in love with it the minute i saw it. it has plans to enter the suv market as well. we'll talk about that. joining us is lee hawkins, "wall street journal" celebrity business reporter. lee, i got to tell you i'm not an envious person. i'm not a socialist, envious person but i do envy you for driving this. the minute i read about this car, what it is, it does have that sort of rolls royce kind of experience but 200,000, as expensive as that is, almost within reach. >> right. this is the entry level sedan now for bentley and what they're doing, they're trying to even expand their reach into more markets, not just in north america but also in china where there's a big demand for chauffeur driven vehicles. david: first question what does it feel like? >> an airplane on the highway. it is coasting. you have various settings for sport or cruise. whatever you're looking to get into, it is right there at your fingerprints. >> it is a heavy car, right? >> 5500-pound car. 616-horsepower. so a lost power. and when you ride it -- david: you're drooling while you're driving that car, you realize>> i've driven the -- david: how much is that car? >> about $300,000. when you start to add options it gets very expensive. david: by the way, we say the car is $200,000. that is stripped down. you have to add 50 grand. >> hard to find a vehicle at that price point. you're thinking more at 250,000. there are so many options you want in the vehicle. there is a waiting list. they have shipped about 150 of these. david: wow. >> if you placed order, you wouldn't get it until november -- david: it is strange i know. tv anchor sound like a great job. it's a great job. i always had this fantasy being a chauffeur. my grandfather was a chauffeur for a short time during the depression. this car was meant to be chauffeured, isn't it? >> it was meant to be driven. david: but used as a chauffeur driven car in china, right? >> you're not wrong on that. what they have done they have designed the car to be for drivers. also when you look in the back seat there are remote controls that allow to you actually control the suspension, the temperature of the vehicle. and they're thinking of people in china. beijing is hot market for this car. at love those people are chauffeur driven and can't drive. that is a sign of prestige in china. david: yeah. there is also, i don't know how this will work out. but they have an suv coming. bentley has an suv. that sounds like contradiction in terms. suv you think soccer moms. that is the stuff you just pile in. you don't think of a luxury car with an suv. >> what a lot of high-end, makers have done is, they have done a lot of focus groups. they found a lot, bentley found a lot of their customers have four or five cars. one of which is usually an suv. so they wanted to get into that market. now that -- david: by the way is this a concept car? do they -- >> it's a concept car, 2011. what they wanted to do was make sure they had the best suv out there when they hit the market. so it is going to be the most expensive. they're not going to be compared to the escalade, right? which is a pretty nice car. david: by the way, we had a little chiron. if you wonder what these things are called down here, they are called chirons. bentley is the authorized car for the royals. >> they are one of them. david: so they didn't bump out the rolls royce. >> they have a royal warrant. that means they sell to the queen of england. what is cool they have such a wide cross-section of customers. they have celebrities. they have athletes, rappers, actors, actresses, wall street traders and the royal family. that bentley brand is one sought out by many. david: if you believe in the flying spur as obviously you and i are hooked already. you are hooked on this car? >> i think so. again it is part of their evolution. it expands the product line and more accessible to more people. >> you are so people. >> they will probably sell more than even they had anticipated. david: it fits you very well, lee. but what i was going to say, if you believe in the bentley and looking for a place to invest, the surprising thing, and i consider myself fairly savvy in these issues, volkswagen owns it. >> yeah. david: i didn't realize it is a volkswagen car. >> they continue to put pressure on all the companies within their portfolio to make sure they're expanding and bentley is stepping up to the challenge. david: did bentley used to be separate and they bought the company? seems so unvolkswagen-like? >> when you look at the automotive industry there are a lot of these kind of deals happening. the idea having a knowledge of the european market and wanting to expand further into emerging markets like bentley is doing. that is what all these companies are using acquisition to do that. david: this is obviously just a sliver of what volkswagen has to do, but it is an important sliver. particularly as we see growth in high-end market, places like china and other "bric" countries, this could be a much more important part of volkswagen's strategy. >> it really could. one thing to point out north america is still number one. you see china gaining traction. the luxury market is really hot. some of the mainstream manufacturers like general motors, they have been saved basically by china. david: if you ever figure out, you add up all your piggybank accounts, come up with 200,000, you buy the car i will be chauffeur, how does that sound? >> you buy the car i will hang out with you, buddy. i'm not chauffeuring you. david: i like to drive the thing around. you tell me where to go. over to you, cheryl. cheryl: you dream of a chauffeur. i dream the to be a princess. david: i will take both you and lee in the back seat. cheryl: done and done. not everybody can afford a bentley obviously but how much a cheaper way to get to work? this gives entirely new meaning to water wings. wait until you see this. also what is the secret sauce behind potbelly's stunning ipo success today? we'll head to a potbelly restaurant in chicago and we'll hear from the company's ceo. we'll be right back. ♪ my customers can shop around. but it doesn't usually work that way with health care. with unitedhealthcare, i get information on quality rated doctors, treatment options and cost estimates, so we can ke better health decisions. that's health in numbers. unitedhealthcare. help the gulf when we made recover and learn the gulf, bp from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center, whe experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. cheryl: well investors were hungry for potbelly. david: how many puns can we make out of this? cheryl: i have more. i have more. david: all right. cheryl: the stock actually doubled today in the company's public debut. were shares of the restaurant chain mispriced. i spoke to the ceo of potbelly earlier. here is what he had to say? >> i think book runners did a fantastic job. once you go out you can't predict what will happen. obviously we're happy. this begins the rest of our life as a company. >> boy, he must be a very happy man. now let's go to jeff flock. he joins us in chicago the city where potbelly began. you mentioned before in the day, potbelly is not referring to the stomach. it is referring to the actual potbelly stove, right? >> this is what it refers to david, exactly. they have these in every store all across the country, about 300 of them. i'll tell you, i used to eat in the original potbelly south of here on lincoln avenue. they have the feel, they still do, of a one-off. because back then in 1981 i went in there it was a one-off. that is the way they look. the decor is not the same in any one. look at what wall street thinks about that today. you talk about alan lewis saying he is happen? of course he is happy. he made $100 million. if they priced it 10 bucks higher they would have made, well, 10 times, whatever, not doing the math right. they made a lot more money. you talk about the, the possibilities out here. take a look at chipolte, for example. if you look at a five-year chart, why is this ipo doing so well? chipolte, a return of 758% over five years. noodles and company, when it launched earlier in the year it launched at 18. look where it is today? short of 44. the key thing about potbelly they have not everyexpanded so far. again about 300 stores nationwide. they have a lot of room for expansion and i'll tell you, they make good food. bottom line, in addition to the decor they also have live music on the weekends. they had it this afternoon as well. you know, just doesn't have the feel of a chain. i think a lot of people really like that. cheryl: did you try a sandwich today? >> i've been eating sandwiches at potbellies, for probably 30 years. and i had my favorite, which is an italian. they also have a wreck, which is also good one. cheryl: that one i picked up. i had my first potbelly sandwich. i'm still full, going home, his wife says how did you do? my stock was up 119%. not bad, dear. >> he was the guy who got dumped from sears. he has to be so happy at this point. he got out of there and got in here. >> great story. thanks, jeff. cheryl: thank you, jeff. david: so "gravity", a moving average very will be out of this world. some people feel it will rocket to a new holiday record. details on this incredible movie coming up. ♪ not linda. i'm filling in for officer owens. she used double miles from her capital one venture card to take an early vacation. buckle up. let's go do cop stuff. [ siren chirps ] license and venture card, ma'am. was i going too fast? oh, you'd be going twice as fast if you had double miles. [ male announcer ] get away fast with unlimited double miles from the capital one nture card. freeze! don't touch the face! can i drive? absolutely not. what's in your wallet? wow...lk at you. i've always tried to give it my best shot. these days i'm living with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. at first, i took warfarin, but i wondered, "could i up my game?" my doctor told me about eliquis. and three important reasons to take eliquis instead. one, in a clinical trial, eliquis was proven to reduce the risk of stroke better than warfar. two, eliquis had less major bleeding than warfarin. and three... unlike warfan, there's no routine blood testing. [ male announcer ] don't stop taking eliquis unless your doctor tells you to, as stopping increases your risk of havina stroke. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis ifyou have an artificial heart valve abnormal bleing. while taking eliquis, yomay bruise more easily and it m take longer than usual for any bleeding to stop. seek immediate medical care for sudden signs of bleeding, like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell yr doctor about all planned medical or dental procedures. i've got three important reasons to up my game with eliquis. [ male announcer ] ask your doctor today if eliquis is right for you. ♪ david: breaking news. delays on the unemployment numbers demand we are getting word, u.s. treasury says the full year budget report will be delayed due to the partial shutdown. and the monthly budget figures also will be delayed. of course investors are finding all kinds of ways around is official government reports, turning to the private sector reports, some of which can actually give you as good if not better information. we will wait and see how this plays out. full-year budget report from the treasury delayed due to the partial shutdown. liz: real quick, let's go off the desk. the new device that he designed called abase cycle. he began the project to encourage people of all ages to buy more, even on the water. designed to turn a propeller as a battle. david: also, you may remember george clooney starred in up in the air. now he's taking it to an entirely new level. this dough which also stars sandra bullock opens in theaters nationwide today. already receiving rave reviews. the film uses computer-generated imagery, animation to give them an absolutely extraordinary a experience. i talked to one person who saw it in 3-d and said that this is the most incredible movie. liz: for next week, you definitely want to watch this show down in d.c. the showdown in congress. congress has. this is it. david: nice overlap between the government partial shutdown. "money" with melissa francis is next. melissa: i'm melissa francis, and here is what is "money" tonight. twitter spreads its rings. now it just has to avoid a crash landing. the co-founder of internet giant is here with a tech insider pick. plus, it is "franchise friday." a subway sneak attack. we go on announced a one of our franchise owners doors. how do you prepare for unexpected pop and buy your corporate bosses? our franchise family explains how to keep things up to snuff. you may "money" today? and made mounds of it. one of the greatest mixups ever. it is laughable. stay tuned to find that to it is the is even when they say is not, it's always about "money." ♪

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