money" in a few moments. melissa lee, what's on tap? >> we'll be on the conference calls, major reversals and on reversals and our traders trading all the action. >> great stuff. >> straight over to you guys. "fast money" starts right now. live from the nasdaq market site overlooking times square, traders dan nathan, steve grasso, karen fineman and guy adami. the company beating estimates on the top and bottom line, twitter stock down 5% right after the numbers were released, but it turned around and is now up more than 8%. we've got sun trust monitoring the stock and has a buy rate on stock. gopro giving up its after-hours gains. the company announcing the chief executive officer is leaving. shares up as much as 12% after the company's profit number blew past expectations. the very latest from that and names by pandora, activism and nuance all falling on their earnings report.

the earnings playbook straight ahead. is this the quarter that will get critics to back off the ceo and was this the facebook moment for twitter, guy? >> that's what we talked about a couple days ago. to me, twitter was setting up like facebook did where everybody was calling for zuckerberg's head and the stock was getting whacked. had a great quarter and effectively hasn't looked back since. we have bob peck to talk about the quarter. eps beat, revenue beat and people confused about the numbers and the metrics. looks good enough to me where maybe this is the time where there's an all clear side. >> the numbers look good, but obviously, i mean, you really need to change the metrix. i've been saying this for years. how quaint. i'm long the stock so it would make sense i want to change the metric. so does he. costello wants to change the metric and i think he wants to do a lot more telling people we're growing revenues.

at the end of the day isn't that the most important thing, growing ref, new and i think that's what they are doing. they have to figure out how to get that message across. >> maybe at this point the notion of the logged off user being able to monetize that, maybe now it's become a little more crystal clear versus in november when they first presented this. >> i think so. listen, i don't think it's the facebook moment >> you don't. >> i think the stock's reaction is telling you that. i think the stock's reaction is pretty good. i actually wouldn't want to see some crazy sort of move up or down. i know there's having tilt in the after market right after the call. one of the big issues, as twitter users we know they are jamming more ads and they are monetizing users and some of the things they may do offline, that's the real formula. monthly active users not growing at leaps and bounds. saw that in the years past and we're not seeing that here, but i stick by. my bullish thesis has to do that this is a very scarce social media property. it's got a huge, huge road map ahead and i think we're quarters

away from recognizing that so you have to be patient. >> you made a great point. >> google, don't have to be logged in. still search. why can't twitter be the same type of thing? >> we'll see. >> dan, let me ask you. kudos to you for owning this. >> you talked about this. >> do i need a little bit. >> continue, but i digress. go ahead. >> it sounds like you see it as ultimately a takeout play, that it doesn't sound like they think they can get to a place where monetizing what they can do -- >> i don't think they are going to be able to get to the scale that facebook has 1 billion plus users any time soon and that's really the problem that i see for the stock right now and that's why i believe it's a much more valuable asset as part of let's say a google, and the media reports this morning that they are going to do this deal where google starts placing tweets in search. that's a big part of the story to me because i believe that google has a realtime search problem. they are addressing it right here and some of the things -- some of the things that twitter is starting to do, this group

messaging and just the mobile, i think 80% of these monthly active users were on mobile. these are all things that google needs. they don't have a social media platform or a mobile messaging platform. they are addressing realtime search. >> sun trust panelist bob peck listening in and, bob, if i can pull you away from the call for a mom, have we finally moved away from the notion that maus are the only metric for twitter? >> i don't think so. a couple of things to add to the report that's important. did the 2388 million units of maus. organic accelerated, organic grew by 1 million, this year 3 mill so that's a good sign for the company, but also their engagement metric. investors want to see that people are actually getting engaged and the tlv is accelerating growing 27% and the engagement per monthly user went positive for the first time so i think it's not only about iris, but it is also about engagement. remember, anthony nodo and his

guidance expects about $5 billion of revenues to come from growing their maus so maus are very important growing that metric over the next couple of quarters. >> i think the first question, yes, they have moved away from maus being the only metric that counts in this one. >> right. >> does the company have to go a longer way in saying it's not facebook, it doesn't matter to the extent that facebook, the engaged monthly active users and now we can grow revenues and that's the most important thing. growing revenues versus monthly active users. >> i agree. i think it's a combination, a monetization of those years which we see accelerating. talked in the analyst day abouting is 1.2% ad loads on facebook versus 5%. a lot of room to run. the monetization is about $5 billion, $11 billion looking to increase revenues and the other 5 billion from maus and engagement is the last piece so all three are very important. >> we'll check back in. get back on the call that's six

minutes in. in terms of the trade, guy adami, and the after-hours trading that we've seen, what's your inclination? >> stay with t.enough people barb this thing. twitter continues to go higher. there's a lot of story left to be told here. >> right. >> but when i say facebook moment, i'm not comparing it -- i'm comparing the stories, you know. facebook. >> in terms of the stock. >> the ceo was under siege and same thing going here. that's why i think you'll continue to see twitter move higher from here. >> seems like dick costolo has bought himself more time. >> i think so, too. kudos, steve. >> let's leave on that note. >> the true reaction after hours, you have the stock sell off. >> yeah. >> it just goes to show you how confused investors are. they don't know which metrics to look at. >> or how skeptical they are. how willing they are to believe that twitter actually posted a bad quarter. >> absolutely. >> apt to believe that first. and universally it's been said

the sentiment was so bad, so bad, that the risk was really to the upside, and i think the after hours has proven that because people sold it first and said, wait, you know what, maybe i'm being too harsh. ran it up into earnings and the fact that it's able to hold that earnings pop is still very important to me. >> all right. let's get some information here on pandora because that stock is tanking after hours on big revenue miss and dom with all the issues on the stomp. >> they are moving sharply to the downside. after the company really came out with disappointing numbers and also with regards to the user metric so weak q4 revenue guidance. moved 24% to the downside. this just goes to show you for a lot of momentum names, it's very difficult sometimes to figure out whether or not the moves will be as sharp and severe to the up or downside as they are given the kinds of volumes that we've seen for pandora, certainly one of the momentum stocks to watch. back over to you. >> dom, thanks for you. >> dan nathan, you've traded this, and traded this well to

the downside. >> you sound surprised. >> no comment. >> dom just said the volatility, a company that's been public now. they have reported 11 quarters, okay, as a public company. the stock has now declined by double digits in ten of the 11 quarters, and the only one that ever went up was the one right after earnings and that's a really important point. the stock is breaking down to multiple year lows. i'll be honest. i'm surprised the stock is down this much. they are not speaking to a 25% decline but it does tell that you investors are giving up on the story, and when you think about it they have 80 million registered users and most are for free, and they only get pay if they are monetizing them through advertising, and we know that's a difficult model. >> what scared people the most, the quarter is what it is. no longer giving guidance. that's what people are sort of fleeing right now, and it's funny. this is a hard show to do, and i'm going to real quick, about a week or so ago, julia boorstin talked about spotify and we

talked about pandora quickly trading at 16.5. that stock trading up 18.90 in today's session and when we talked about it today had the big move. did we do a good job or bad job? i'm sort of on the dan camp. i think this move is big on the downside. i think they will flush it tomorrow and it's worth a look on downside. >> that run-up, you called it on air and that run-up we saw on pandora was basically on the spotify valuation. >> right. >> everyone looked and said pan-or, is grossly undervalued if you equate it to the spotify valuation. this is done on backward looking, on what have you done for me lately? so i would say it's still a buy here. there could be someone who takes pandora out at this valuation. >> gopro shares turning to the downside despite a big earnings beat. details next. plus, we've got your earnings playbook and all the other after-hours action coming up on "fast."

♪ >> what is that? >> please, help me. >> the cranberries. >> love the cranberries. music of the modern age which you are not part of apparently. >> you were like 50 back then.

>> doesn't remember still. shares of gopro jumping after posting a strong earnings and revenue beat and giving back the gains on news that the chief executive officer is stepping down. the company also saying it shipped 5.2 million devices in 2014, up 35% from a year before. joining us is oppenheimer managing director with an underperform rating and $45 price target on the stock. andrew, thanks for joining us. >> thanks for having me. >> how big a deal that the cfo is leaving? >> i haven't been on the call to listen to, but it's very abrupt she's quitting this month and hopefully will get details on the call. the other thing to keep an eye on is asp flattened out and maybe news of engagement slowed in q4. >> when you say asp flattened out, does that mean what we believed before about the lower end, that mix could have shifted and so, therefore, the margins were under pressure and not

benefiting from the mix? >> based on the early analysis, the higher end one was selling very well, but it didn't help lift asps at all, and it looked like the lower one may have added enough to kind of elevate that, but overall it looks like, you know, i would say the mix was a little bit disappointing. >> okay. in your note you believe 2015 is going to be a challenging year. >> absolutely. >> anything on conference call that they can say that will -- >> change my mind? >> yeah, exactly. >> not on this conference call. think about it, nick was on your show, this holiday season called the gopro christmas, absolutely was. we saw the numbers. think about next christmas you'll have the apple watch and ultra hd television for under $1,000, oculus riff and a lot of wearables and the big question is what do we do next question? >> the average purchaser of the

gopro this christmas, how quickly would they upgrade? are they a real gadget-type person? >> more negative views. we don't think so. >> we ultimately think that this is a camera device used to make movies. we make a very distinct difference between movie-making and video. want to do video, use your smartphone and make a movie use the gopro. something we'll keep four, five, six, seven years out. i don't see why you would see that from a feature set. >> sure. >> push back a couple of ways. >> operating margins, 30.5% and streamers looking for 35% and huge revenue beat. big eps beat and the roku announcement. i get valuation is stretched but doesn't see it enough to make a bounce? >> everybody felt this holiday season would be big. they blew the numbers away. i think the stock is not reacting because people don't know what's next. i don't know what's next. might be international expansion. would i push back on that, but

it's going to be -- >> they will have to real go on the call and tell why and how they are going to grow from 5.5 million units to the 8, 10, 12 that they need to get to a valuation that makes sense. >> one point i want to make, you know, the ipod in year three sold about 4.5 million units right where gopro is today. year four 24 million and year five, 50 million years and valuation 35, 40 times. >> all right. andrew, thank you. >> thank you. >> what's your take? >> he nailed it. i mean, the addressable market is really the issue. think about it, an extreme culture. i had friends who got back from ski trips out west. i would love to see your -- i forgot to put it on. to me i don't believe, and i think it's the point about the wearables, there will be a device in the next year. everyone has the iphone in the pocket so once there's a clip-on camera i think this thing is done and this is like the pets.com of the tech era. think flip camera. that's what you should think right there. >> breaking news on radioshack.

let's get to dom chu. >> now we have it on the record. rad radioshack has filed for chapter 11 bankruptcy, the idea they can reorganize under court supervision with regard to their assets. this company is not at all -- traded for nine cents a share. >> now in delaware court they have made it official. they filed for chapter 11 which, again, means the reorganization of the company under a judge's supervision. of course, we've talked about a number of names, including sprint possibly looking at their stores, maybe even am zorn so we'll see what the next chapter is. right now rsh, that's what it used to be known for, filing for chapter 11 bankruptcy. >> old habits diehard. dom chu, thanks for that. what can be done for the assets? >> gives them flexibility, can get out of crappy leases that they have, try to reorganize around their best stores.

we talked the other day about whether this is good for best buy. >> right. >> kind of low-margin business. i can't believe they have hung on for -- >> this long. >> it's amazing. >> guy likes to buy his hdmi cables there. >> i'm heartbroken. i love going. the tandy corporation. >> tandy corporation. coming up next, not just twitter and gopro dominating headlines tonight, a slew of other big names reporting, from lion's gate to expedia, all the trades in our earnings playbook next. plus the not so sweet smell of success. parents taking a look at several perfume plays that might not pass the smell test. back in two.

act vision falling in the after-hours session on earnings. let's get to dom chu on details.

dom? >> we're watching shares of act vision. the stock is moving lower though it's pared a lot of its losses after the video game-maker reported revenue well below wall street forecasts and earnings revenue in the current quart were also in light of expectations. it did raise its quarterly dividend by 15% to 23 cents per share and announced a buyback program. shares still down 6.5%. the companies did point out that vivendi sa plans to sell its remaining stake in the company so interesting headlines coming out of atvi. >> thanks, dom. guy? >> guidance was lousy. it was really pretty bad. what does it all mean? if you look this stock, 18.5 double bottoms and go back to january. tops around 11. it will push down through 20 bucks and get a big volume day. 19.5, you turn around and try again. >> so many other big earnings

names moving in the after hours session between twitter and gopro. let's hit the earnings playbook. revenue coming in line, dan? >> guided down for 2015. kind of a problem. a stock flirting with new all-time highs here. on my breakout list as a list of stocks that if you want to play a momentum name you get good news, can ride the breakout and now downtown 10%, close to 80. through the 200-day moving average. it breaksdown. get it a little time. what do you say, two, three-day rule? >> three-day. >> and price line has been sort of stuck in the mud as well. >> down in the after hours probably on this as well. >> next up lions gate falling in the after hours and beating on earnings. grasso? >> king of content. know who that is as of recently. it's been disney, so i would still stay with disney for your play for content. if you go year to date, disney is up 9% and lions gate coming

in it was down 9%. so stick with the horse winning the race, disney. not saying that lions gate can't play catchup later on in the year and right now they are still on disney. >> lower in the after hour sessions. guy? >> story that's real interesting. private equity, a lot of people talking about this stock as a potential takeover and the stock can't get out of its own way. i don't know. i fought this one for a while. still some headlines that will then to the upside but we haven't seen it in a while and carl icahn's name was bandied about and none of that has helped at all. that being said, i think it will get to levels where it's just valuation. >> all right. coming up next. the twitter call officially halfway through. the headlines from ceo dan costolo and dan is putting out his fine prints and karen fineman with word on maybe

trying to sugar coat the news. stay tuned.

at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping.

live from the nasdaq in times square, here's what's

ahead on "fast money." twitter shares soaring after hours after the company pete earnings expectations. the earnings conference call is about halfway through. we'll bring you the latest from the ceo dick costolo. gopro going on a wild ride, the stock down after announcing the chief executive officer is resigning, but it jumped as much as 12% after the earnings release. the latest details from the ceo nick woodman and estee lauder rallying today on the back of its earning report but karen finerman says something doesn't sound right. it's a special fine print coming up. let's kick it off with twitter and julia boorstin with the latest on the conference call. >> before dick costolo kicked off the call he spoke about the company's improvement and addressed disappointing user growth in the quarter of just over 4 million users saying that trend has already turned around. >> the user numbers we saw in january of this year indicate

that our mau trend has already turned around, and our q1 trend is likely to be back in the range of absolute net adds that we saw during the first three quarters of 2014. we have a number of projects under way to grow our user base and provide a compelling valuable experience to anyone in the world whether they have a twitter account or not. >> now, just moments ago while we were playing that sound bite, costolo and twitter confirmed they have made a deal with google for google to include the fire hose of all those tweets in google search results. we reported that earlier today, that this, of course, will be a way for twitter to reach more people with its -- with its tweets and be able to eventually get more people to generate more revenue for the company. now costolo made a number of announcements all coming down to the fact that it's trying to reach more people, even if they are not logging into twitter. in his comments earlier, he explained the new home page that they are testing for new users as well as a new user experience

for the half billion unique visitors he says that come to twitter every month but do not log in. he also discussed the potential in providing ads to mobile apps. this, of course, is all part of the push to show that twitter is increasingly more about just its monthly active user numbers and that the google deal announced seconds ago supports that. melissa? >> julia, thank you for that update. let's bring back sun trust analyst bob peck also on conference call. in terms of that information, how do you put that into your model at this point? what does that mean for twitter? >> as far as google, used to have a deal with google in the data revenue line. it used to be tens of millions of dollars and more importantly than hitting the top line is the distribution of tweets and being more prominent across the we to drive people ultimately back to twitter where they can monetize them there. it's more significant than an impact in the financials. the real big point you'll see

skwengs net adds increase to 13 mill or 16 million or so so skwengsly back to the old rates we've seen this. quarter was only 4 million so you'll see a year over year acceleration in mau growth as well. >> i mean, what is behind that? why all of a sudden can they turn that around? >> they pointed to a bunch of different products, from direct messages to video and business development deals. one of the things we pointed out earlier in january. in the process of signing a lot of deals to get their tweets automatically distributed to apps like espn and yahoo!. a lot more coming and drives acceleration. >> are you backing off your thoughts that the ceo dick costolo will go? >> there were questions we were getting from investors if he were to step down who is the best replacement and also is he

the best person to stage the growth? the question is does he want to be the next stage of growth, the leader for the next stage of growth on twitter. really up to him and the board. >> we'll let you get back on the conference call. >> thank you. >> check back with him a little later on. steve grasso? >> the unique visitors, half a billion unique visitors was pretty impressive right there. i would like to see costolo back away from the maus and if they are starting to ramp up to the normalized growth, i guess that's still a positive right now for twitter. >> they just announced the new features like video, and i think this could be absolutely huge. youtube that google owns is the second largest media property out there, $1 billion in trailing sales, and think about it. this has a massive opportunity for them to add revenues and i agree in some ways. they may never get to 1 billion users, but if they can monetize the few hundred million that they have and continue to grow and start to increase that growth and i want to make one point about costolo.

of course he's the guy. in a lot of ways makes total sense when the stock was underperforming. a lot of things to do and i think he'll prove himself. >> see that interview tomorrow on "sfauk on the street" at 9:00 a.m. got to talk about gopro, shares sinking 13%. cnbc's josh lipton is monitoring the call and has the details. >> that stock shooting higher initially and then dropping hard. the company's cfo guiding q1 revenue, 330 million to 340 million, the street was looking for 325 million. epf, guiding to 15 to 17 cents. analysts wanted to see 17 cents, but big news was also the unexpected resignation of the chief executive officer nina richardson. you talk to analysts who cover this company. certainly well regarded. you'll hear them describe her as a supply chain wizard. on the call nina richardson saying she's simply leaving to

pursue other opportunities, the women thanking him for their service along with tony bates and jack lazar, the cfo, they would be taking up the reins of that position, at least for now. not just about selling cameras. want to hear about talking about gopro nationally. here's what the ceo nick wood had to say about that. >> in mid-january we talk our first steps into china with the country's two largest web retailers t-mal as well as jd as well as select offline retailers. we're happen wet initial sales results in both online and offline channels and see positive indication that gopro has the opportunity to succeed in china, one of the world's largest consumer markets. >> so what they are talking about is gopro trying to expand its right and clearly investors focused on the guidance and the unexpected departure of chief executive officer nina richardson. melissa, back to you.

>> josh lipton, thanks very much. in terms of expansion into china, talking a lot about shami that launches its own camera this year and that's a price war. >> our analyst just said $45 price target. it's closing in there now. steve is mad at me. >> that's a drinking cam. i'm a dance cam. seriously, if you look at gopro, what did we talk about before, asps? >> yeah. >> talked about everything. everyone knew there is a competition. a media company or hardware company and at the end of the day it doesn't matter. >> it does matter. >> they are selling a boat load of these cameras. still the cool thing to have. i've been wrong. lately i've been right, but i've been wrong off the escalate d meteoric rise. >> it's got a five handle right now. >> haven't mentioned the one thing. >> lock up expirations, 76.1 million shares. >> a big story in the fall when

they broke the lockup so the ceo trust could sell and the insiders are selling, you have to think early investors still up a lot on the stock are going to sell. this is why it's going to be a very treacherous setup into february 1. if the stock continues to go down. the facebook thing kept going lower and lower and lower and rallied on the day of the thing, so just be careful. >> on the radioshack bankruptcy, let's go to dom. >> there's a reason why we keep talking about this, not because we think it's a significant, significant development, but just because radioshack looks like it's going to live on yet again, and here's the reason why. as part of this bankruptcy filing, general wireless, which is a subsidiary of the new york investment fund standard general, you may remember them from the american apparel days, radioshack's largest shareholder, they have now inked a deal to expand sprint presence in its stores by approximately 1,750 steve forbes. now once this happens under terms of the agreement, sprint

will operate a store within a store in a radioshack location. they will take over about a third. retail space, and they will selleck conclusively sprint-branded phone devices, including boot mobile and virgin mobile. now, what's going to happen here is they will have a store within a store. they will be co-branded with sprint saying that sprint will be the title or the main brand on these storefronts, so radioshack lives on, maybe not for equity holders, but as a physical presence, though it will be overshadowed by the sprint brand going forward, guys. back over to you. >> thank you, dom. dan, what does this mean for sprint? sprint doesn't have to shell out as much, i mean, i would think. >> first of all, we know how badly sprint got nailed last year. they were at the bottom end of the price war. t-mobile coming at them very hard so to me the stock has actually had a big bounce and there was call-begin i know the january 6th calls were very active. 10,000 were bought. i think at this point we know softbank is a huge investor

here. won't just let this thing go away. can get some real estate cheaper if they were opening their own stores and probably makes more sense from sprint's perspective. >> linkedin jumping 8% after a strong beat on the top and bottom line. let's bring in senior tech analyst colin gillis who downgraded the stock yesterday. >> in front of earnings. >> in front of earnings, a bold move and it was the wrong move. >> it was the wrong move. >> what did you underestimate? >> let's break it into the company and the stock, right? i like the business. it's a great business. you've got three different growth engines, both growing around that 40% level. it's got a good management team and the market cap is 30 billion. don't really have much competition from facebook or google. the concern is 40% of the business isn't national and we've seen a lot of negative impact from stronger u.s. dollars, right? and the company tends to quite contively. we actually got a conservative q1 guide, and the full-year

guidance is actually pretty decent because this company is growing. now the only nit i would guide out, guiding q1 31%. don't want to make it up on the back half of the year. the stock is so volatile. whipped around north of 10% four out of the last eight. it's kind of in line with expectations, a smaller move than his toreically. i wouldn't chase it. i think there will be a chance to pull back. it's one of the issues, you know, of being a little too nimble and cute with the name. >> you know these guys. do they tend to sort of underpromise and overdlifrks or how do you think about how they position themselves? >> sure. they do, right. that's historically a big part of linked-in's, you know, motto, that they have beaten revenue and eps eight out of eight times, both top and bottom

lines. the beats are getting smaller, and we'll see how that translates into the march quarter whether or not the guidance will allow them to continue and the environment will allow them to continue to beat like the street is expecting it. again, you know, you look at the last eight earnings print. you've had four moves north of 10% and an 8% move is relatively small. >> not done yet, buddy. >> not done. >> how much have you factored in unemployment? brought up the premise saying the unemployment rate as it continues to fast. it's counterintuitive because more people when they see the job market getting better want to be in there and want to be networking a lot more so how much has that gone into your calculus? >> definitely there. a tighter job market means employers will want to find and pay more for their employees, right, but the broader picture is linkedin does own that economic graph, and that economic graph will be very valuable for me and the network effect continues to play n.they will be able to extract their revenues from it and they are

doing that, but growth is slowing >> you stick by and you stand by that downgrade because a big part of the downgrade was the fx wind that we didn't see and the initial guide could be conservative. we have an initial guide that could be conservative and that was pretty much and decent and in line and now what? >> sales navigator? >> sales navigator. concerned about the peopleup subscription and that did happen as well, and, you know,ner giving out free trials, but they are doing that to bring more people into that business. >> right. >> so what i'm going to look for because the stock has big moves all the time. if you look at the up and down and 2%, always moving around, very volatile name. let's wait for a better entry point. >> good to see you. >> colin gillis, bgc. >> got to admire his chutzpah to come out ahead of earnings. >> always subdued. >> let me say a couple things real quick. >> at the end of 2013, the 260 level failed. 90 times forward earnings at a certain point, that's going to matter, and you wonder if this

is the euphoria to take profits. in my sense is that you do. >> all right. still ahead. karen finerman smells a rat and breaks down the company's earnings report may not be as rosy as you think and dan is following karen's lead. he gives us his first ever fine print on a company he thinks is blowing smoke. more "fast money" straight ahead. there's confidence. then there's trusting your vehicle maintenance to ford service confidence. our expertise, technology, and high quality parts mean your peace of mind. now you can get the works, a multi-point inspection with a synthetic blend oil change, tire rotation, brake inspection and more. $29.95 or less.

(hi!) choose (hello!) choose choose. but at bedtime? ...why settle for this? enter sleep number,

and the ultimate sleep number event, going on now. sleepiq technology tells you how well you slept and what adjustments you can make. you like the bed soft. he's more hardcore. so your sleep goes from good to great to wow! now we can all choose amazing sleep, only at a sleep number store. right now save 50% on the ultimate limited edition bed. know better sleep with sleep number.

estee lauder and cody surging but karen finerman has a fine print on why these reports don't smell as good as they look, karen. >> yes, one more fragrance to throw into the mix which is elizabeth arden. >> you know something just doesn't quite smell right. the stock was up a lot. i really don't get it. i think it's not the kind of name -- it's not a premiere name. if you look at estee lauder, it's expensive and by god what an extraordinary business they have. they did a great job. they don't smell even though the fragrance business was actually off a little bit. that's okay. the thing that really doesn't smell right though is elizabeth arden. this company missed. the stock is down a little, not a lot, but i think you have to really be careful. there's a ton of debt here and

if you look at debt market. the debt is starting to trade in the double digits for six-year paper. that's telling you something is really off. doesn't smell quite right. stay away. if you want to be in the space, yell. that's the way to go. guy? >> karen says something. when she's passionate about something she's always right. >> your ears perk up. >> my ears perk up. >> i'm a big fragrance guy. >> i know. >> let's take a page from darren's back. dan nathan has a fine print of his own on yum earnings. dan in. >> you got feisty last night. >> i got feisty. >> five-dayy. >> listen, expectations going into this quarter were actually not high, okay. guided down to q4 when they reported they missed q4. this company gets a lot of its sales, half or more from china. to me these guys have been involved in almost every chicken issue in china over the last two years. they keep referring to that, you know, and they have really had a hard time winning the trust back of chinese consumers, so all of a sudden they start talking about the taco bell in the u.s.

it's for potheads and teenagers, think about it. >> but it's doing well. it's the sixth largest restaurant chain in america. >> here's the deal, people, thinking going forward, okay. >> yes. >> let's talk about 2015 guidance and what they will do in china. this is really the story. when you think about the guidance, okay. they said they are fully committed to delivering eps growth to at least 10%, fully committed. i'm fully committed to a lot of things. i don't see most of them. this is something the company has not done in the last two years. a new ceo here and then on the conference call, listening to this, and then they said along those lines, getting to 10% eps growth could be tougher, okay, so this is all going on. this is the cfo speaking here and finally in spite of the head winds in china, that we remain committed to delivering 10% eps growth but the negative and strong, listen, this is garbage. what would we call it last

night? >> a piece of crap. >> you called it crap. >> it's squishy. putting lipstick on a pig. if you want to give guidance, give guidance. let your investors understand where you think this business s.don't push it out to the second half and say we're committed to doing this. i actually think you're selling on this. i don't like it. >> what do you think about walking back? you say you're fully committed and then gradually through the call it looks like it's coming away. >> you could lose all sort of credibility on if, but if you look on a technical basis, just recently in the name, it looks like it's trying to build a base here. slightly, slightly higher lows so, i don't know. he was extremely hard and wile ride up on it and if you take a step back, can make the case and give it a couple of days. i don't know if i call it my three-day rule but call it my two-day rule. >> pops and drops. big mover, pop for l brands, up 5%. >> happen to be up but really the whole reason for picking it in pops and drops was just that. they announced a great quarter.

nice cash flow, buyback and gratuitous footage. >> yeah, baby. >> pfizer up 3%. >> if you think about it. with that said, 15 billion, 16 billion, 17 billion deal. above it now, it's easy and to me the trade is really easy. stay long pfb. >> drop for irobot, down 9%. grasso? >> real story, a quick one. lowered guidance. the street was basically expecting $643 million, lowered it to 265 to 635. that's aggressive for them so they missed estimates. at this point, if you look at chart, the three-day rule and stay away from this and leet it breathe. >> drop for crumbins down 4%, dan? >> they reported this morning, they guided down for the year. it's a cheap stock and trades at 12 times earnings. they are going to have currency

head winds and all the problems about being exposed to emerging markets and all the exposure and a lot of dollar exposure. i think there's better places to be. >> advanced microdevices soaring today but betters betting this is the top and it's all downhill from here. we've got the details right after the break. do you

like to travel? i'm all about "free" travel, babe. that's what i do. [ female announcer ] fortunately, there's an easier way, with creditcards.com. compare hundreds of cards from every major bank and find the one that's right for you. creditcards.com. it's simple. and find the one that's right for you. dentist appointment when my teeth are ready? ♪ can it tell the doctor how long you have to wear this thing? ♪ can it tell the flight attendant to please not wake me this time? ♪ the answer is yes, it can. so, the question your customers are really asking is, can your business deliver?

welcome back to "fast money." we're watching shares of verizon in the after hours moving higher by about a percent. the company sold $10 billion worth of assets. wire line assets in california, florida and texas to frontier communications. frontier is up by about 5%. it also sold about $5 billion worth of wireless towers as well as leases to rights to company-owned wireless towers at verizon all to american tower at the same time it offered a $5 billion accelerated share purchase program so a three-way deal if you want to think of it that way between verizon, amt and also frontier communications and all three of them as a result, although marginally in the after hours. back over to you. >> dom, thank you. >> guy adami, your pick. >> amt. had to pick out three of the

names you just mentioned, would you rather with three. >> with three. >> which is a little outside the norm, amt. >> it is not the norm. completely outside the norm. >> shares of advanced microdevices soaring, nearly 17% today. the move setting off a fleury of bearish bets in the options pit. dan nathan in the pit with the action. >> this stock up 24% on the year. a lot of the action coming today. today when the stock was 323 there was a buyer of 43,000 of the july 3 puts. those things break even about 10% lower on july expiration. $1.6 million in premium and would you say why would anybody buy the three puts looking out six months. here's the thing. maybe some investors are thinking this stock is becoming a little bit distressed. at least the equity is and the market cap is $2.5 billion, 2.2 billion in debt and a billion in cash and the problem is sales aren't growing and there are no earnings so this could be a hedge against owning the credit.

look over here against the chart, five-year. the stock had recently come down to two bucks. i don't think that this is a great investment or a great edge to an investment if you own the stock, but if you own a lot of the debt it may be a cheap way to get the protection in the event of some sort of liquidity crunch. >> thanks for that, dan. for more options action check out the live show tomorrow at 5:30 p.m. eastern time. coming up on "mad money," from organic food to microchips, jim's got the deal. that's all ahead on "mad money." gopro and twitter, tee have you different moves in the after-hours session. gopro has traded 7 million shares in the after-hours session. we've got the final word. still ahead.

take a deeeeep breath in... and... exhale... aflac! and a gentle wavelike motion... ahhh-ahhhhhh. liberate your spine... ahhh-ahhhhhh...aflac! and reach, toes blossoming... not that great at yoga. yeah, but when i slipped a disk he paid my claim in just four days. ahh! four days? yep. see why speed matters, at aflac.com. news alert! message! email! calendar update! most of us admit to being overwhelmed by information at work.

that's why ibm created verse. it uses powerful analytics to uncover hidden patterns in your email, calendars and social feeds. it continuously learns how you work. and helps you prioritize the people and projects you need to focus on. there's a new way to work and it's made with ibm. tso this is a greatects opportunity for an upgrade. sound good? great. because you're not you, you're a whole airline... and it's not a ticket you're upgrading, it's your entire operations,

from domestic to international... which means you need help from a whole team of advisors. from workforce strategies to tech solutions and a thousand other things. so you call pwc. the right people to get the extraordinary done. ♪ want to know how you can invest? don't go anywhere. "mad money" is next. >> let's get a final check on twitter with bob peck of sun trust robinson humphry. bob, what did you make of the rest of the conference call? what's your move tomorrow? what do you tell clients. >> a couple things came out. the one-time impact do you to the ios 8 transition which would are doubled net adds. driven by monetization, not necessarily ad loads but higher

prices and short term should be supported by monetization, increased ad loads and long-term by monthly users so reiterate our target and indicate it's a buy. >> bob peck, thanks for the the instant analysis. meantime, time for final trade. dan nathan? >> i agree with bob. 58 is like the takeout number at some point this year for this company, so i'm a buyer of twitter. >> dan likes something. >> i'm long and i'm happy about it, and if you see it at 42 where it was trading earlier today,ify there. >> grasso? >> valero up 26% pretty quickly as of late. look at oil where it's at right now, margins are intact and i think the refine product, what they sell of gasoline is probably stabilized so go higher here. >> karen finerman? >> yes, kors down 2%. lietic it here. the knock on it growth is slowing. yes, growth is slowing. it is trading like growth is grinding to a halt. if kate spade is where it is, kors shouldn't be where it is. i like it. bought more today. >> guy? >> a lot of noise in macy's the

last couple of days, management changes, blue mercury deal, fourth-quarter comp. can speak . i like macy's. >> all right. i'll see you tomorrow. "mad money" is up next. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts the now. hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want to make friends, just trying to make you a little money. my job is not just to entertain, but to put it in context and teach and educate. call me at 1-800-743-cnbc or tweet me @jimcramer. promise me you'll create any pullback from now on created by