the s&p 500 right now above its all-time closing high. adam: it is being called the biggest cyber attack yet. what may surprise you is how little is needed to carry it out. are these the future of hacking? david kennedy is here. melissa: american feet doing the talking. why it may be this nation's path to prosperity. adam: walmart considers a radical plan to let customers deliver purchases to online customers. melissa: first, it is time for stocks now. nicole petallides. the s&p 500 right now sitting above its record closing level. >> it absolutely is.

we have broken through that level. new intraday highs for the s&p 500. the dow jones industrial average doing something very similar. however, the dow has broken through its all-time intraday record. it has set new innards today. we have had data that has been somewhat tepid. higher jobless claims that we got in this martyred there are a couple of things. i wanted to take a look at a comparison chart. both are headed in the right direction, as you can see. both are winning this year. they are pulling back. back to you. melissa: thank you.

adam: what may fall to its lowest level since may 2011. fox business contributor phil flynn is in the pits of the cme. what are traders saying about this? >> mainly because of seasonal reasons. what is even more amazing about this story, this is the most compliant opec has probably ever been. maybe they found a little bit of religion into the marketplace. maybe they will have to face each other at an opec meeting in may. opec is all on. most compliant before a meeting or when demand is relatively low. they are not selling off.

on the concerns about cyprus. some stable prices there. the biggest story is in the grain markets. there is a kickoff to the summer planting season. not on the planning side as much, but really on the carryover. the biggest surprise is corn. a few weeks ago, with the corn market, people were paying a dollar over the price. they could not find anywhere. the supply is much higher than average. limit move to the downside. corn coming out of nowhere. back to you. melissa: the markets are taking a string of weaker data inside. it was barely missing the estimate. initial jobless claims rose by

16,000. the pace of business activity in the midwest unexpectedly slowed down this month. my next guest is not concerned. joining me now is senior u.s. economist at deutsche bank. why are you not surprised by today's data back just because we have a temporary cold snap does not mean that spring is not on its way. we had a very lousy economic performance in before. things picked up in q1. we saw tremendous improvement. although surveys improved. as they get into the second quarter, q4 well above trend. q2, i think we will normalize at 2.3%.

we will see some of his economic indicators softened just a little bit. if they continue to soften, concerns well certainly resurface like saw in the last couple of years. at this point, it looks more like just a normalization. i think we will be 200,000 on march payrolls. that is largely consistent with the moving average over the last three months or so. that is efficient also to drive the unemployment rate lower. sort of a goldilocks prints. not too cold, not too hot. melissa: in decades past, we would not like that number very much. we are looking at a stock market that, like you said, once goldilocks readings on everything. they do not want the fed to take away the punch.

>> exactly. it could be between 150-250. if we start to overheat in the labor market, we have a long way to go, the fed will start talking about easing out of their current stance of monetary policy. what we have heard from the fed over the last three weeks, they are really not close to that point just yet. dagen: on. melissa: was number that really caught my attention. do you think that was a temporary blip? >> certainly at a healthy pace. there was a bit of both hiring and bold investment in private sector. businesses are really short on both of those.

there is a real need for businesses to both higher and invest in infrastructure. that should carry on through much of this year. the economy is producing far more than it was at the peak before we slip into recession. the labor market has not recovered yet. there is real pent-up demand from the private sector. melissa: thank you very much. adam: the foreign minister in cyprus says banking transactions could be lifted within a month. cyprus reopened its banks for business today after nearly two weeks. rich adsense is live in cyprus with the very latest. rich: they called it. folks looking out one week of capital restrictions. there has been a number of

disagreed before in this entire deal. folks lined up about a half hour-45 units before. they can only take 300 euros out. folks wanted to take more than that out. they certainly do not want to put money in. >> i am kind of nervous. it is something we have to deal with. we cannot do anything. we have to accept the consequences and hope in the future we will be better. because we do not know what is in the future. they can come again and do the same to us. rich: about 40 customers lined up before this bank opened. they lined up about ten at a time. it was the first time they have been allowed in the bank.

there was a steady stream of folks throughout the day. no massive panic or chaos here. just a regular day at the bank. now it is closed. back to you. adam: i think a lot of people breathing a bit of a sigh of relief. melissa: blackberry in the black. smart phone fourth-quarter earnings. we will tell you about the numbers that still have investors worried. adam: red or blue. lou dobbs weighs in on what the color of your estate may mean to your path to prosperity. melissa: let take a look at how metals are faring right now. copper heading lower. we will be right back. ♪ so let's break down this play.. charles?

uh, charles couldn't make it. his single miles card blacked him out here and here. he should have used... the capital one venture card. he's coming to us from home. hey fellas... hey baby, you want ma to iron your undies? nice tightie whities. i didn't know mrs. barkley made quilts. really? looks like a circus tent. is that the best you got? now if you put this, with this, you have a sailboat. what's in your wallet? melissa: it is time to make some money with charles.

period he is following uu with deckers outdoor. charles: i must have mentioned this on three or four times on the show. jefferies and i want to get their research, jefferies put a buy on it. the target, the old target was 65. a lot of people on wall street would have been happy with this. the newwtarget is 100. melissa: that is amazing. adam: is there something stylish that they have? melissa: there are some attractive boots.

i do not own any of the flat once. i think those are hideous. they make some totally different looking ones. charles: i like this stock from a valuation employee. a couple months ago, we are in the city having dinner. it is freezing. we dip into the door of one of these stores. i was blown away at the crowds. melissa: i by the gloves for my husband. they last for an incredible amount of time. charles: i will talk in the next hour about this topic. it infuriates me when wall street upgrades a stock from a

hold to a buy. what the heck? do you feel that good about it? stocks up 100% in the street. these with the targets, this is not a wimpy target. melissa: no way. thanks a lot, charles payne. adam: let's check in with nicole petallides on the floor of the new york stock exchange. nicole: zero yeah. the first name is earl graw hill. it is up about 3%. s&p, a lot of the lawsuits filed in 17 states claims that the ratings were bad before and during the financial crisis. what they are trying to do is consolidate and move these cases to federal court.

the shares have recovered roughly half of their losses. you conceive today caught up on the news of consolidation. we are watching revenue earnings per share. under the umbrella, tommy hilfiger and calvin klein. you are seeing it down 4.3%. back to you. melissa: thank you so much. the white house says president obama will release his budget on wednesday, april 10. this news coming as we also learned that the president is trying to break for again with republicans. the president met with gop leaders at the hotel. he is asking key republican party numbers to another dinner scheduled for next month.

adam: wanted you like to be a fly on the wall in that room? melissa: maybe we could be waiters. adam: they probably argue over hors d'oeuvres. melissa: is the path prosperity lined in red or blue? adam: lou dobbs will be here next on whether high or blue state taxes are forcing people found. ♪ friday night, buddy.

you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com.

>> i have your fox news minute. two u.s. -- it's me.

practice runs over south korea. north korea threatening strikes. they see it as a u.s. plan to invade. that africa's current government releasing information on its former president. boston mayor confirms he will not seek an unprecedented sixth term. a popular democrat. he was hospitalized for eight weeks last year for respiratory infection. the decision not to run was the hardest in his career. those are your headlines. melissa: you are always wonderful. we appreciate it. letting americans the do the

talking. firing up the estate tax debate. and opinion piece today in the "wall street journal." more americans are leaving blue states due to higher taxes and regulations. they are fleeing the state to texas and florida where states taxes are lower. time for lou dobbs. >> it is a terrific piece. what they are pointing out is right to work states are growing. in many cases, they are booming while unionized formally are really under the weight of higher taxes, higher unit labor costs. the result is, if you will, very clear. there would be no question whatsoever about the future.

taxes thing. texas, where the business community, small business folks are great. axes are low. the problem is, here is the variable. the federal government is standing by either, ready and willing. they are excited to bail out each of the states. they are public employee unions. the city of detroit. one of the most laughable things i have seen recently was jesse jackson protesting putting out a new financial manager for the city of detroit. it is an every sense of the word

a dying city. the federal government will bail them out. in this case, they are too blue to fail. adam: when i lived in ohio, how much of the shift is a part of this? lou: i think that is a terrific question. i think it is a substantial part of it. they are not retiring. they are continuing their productive years. whether it is south or whether it is worth is dependent upon taxes, cost of living and in many cases how easy it is to get a job. melissa: the jobs are moving to this area as well.

we are seeing small business open up there as well. they made the point in the article that we could see this low tax zone pop-up. there is a section of the country that makes it their mantra. what we see next to it is indiana. they are asking for the gun manufacturers to come out there and create 12,000 jobs. we are seeing the same thing happened in texas. they are going to lose to her

wrists, skiers, they are going to make a protest about a state that wants to destroy second amendment rights the only thing stopping is those trying to mitigate it in washington, d.c. whatever it may be, the quality of life issue and that is all about how we live as americans will determine the future for all of the states and the people who live in them and those who are moving from them to a better environment. adam: i love indiana. melissa: to the deli?

adam: it is a success story. lou: i would have assumed there was a relationship. melissa: thank you, lou. you can see lou every day at this time. adam: coming up next hour, tracy and ashley will speak with one of the authors, steve moore from the "wall street journal." the cyber threat fallout from a massive online blitz that sold the internet. melissa: walmart customers as package deliverers? all in an effort to compete with e thkelikes of amazon. adam: walmart is a dow component. let's see how it and others are faring today. ♪

. .. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it tells you after the fact, sometimes as much as 30 days later.

with lifelock, as soon as our network spots a threat to your identity, you'll get a proactive risk alert, protecting you before you become a ctim. >> identity theft was a huge, huge problem for me and it's gone away because of lifelock. >> announcer: while no one can stop all identity theft, if criminals do steal your information, lifelock will help fix it, with our $1 million service guarantee. don't wait until you become the next victim. you have so much to protect and nothing to lose when you call lifelock now to get two full months of identity theft protection risk free. that's right, 60 days risk-free. use promo code: gethelp. if you're not completely satisfied, notify lifelock and u won't pay a cent. order now and also get this shredder to keep your documents out of the wrong hands-- a $29 dollar value, free. get protected now. call the number on your screen or go to lifelock.com to try lifelock protection risk free for a full 60 days. use promo code: gethelp. plus get this document shredder

free-- but only if you act right now. call the number on your screen now! melissa: time for stocks now. as we do every 15 minutes let's head to the floor of the new york stock exchange. nicole petallides is standing by. and, nicole, you're watching one company make its debut. >> a big piece of news here on wall street, today, melissa. a big pile of cupcakes. 22.82 was the high of the day. certainly a real winner. don't get fooled what you see on the board half a piece. this stock has been up 11 to 13.5% all day long. based in new jersey. under their umbrella names everyone is familiar worth, mrs. butterworth, log cabin syrup. duncan heinz. brought in today and bird's eye when you think of vegetables. which had the ceo on earlier

today. he says it is a real growth story and ipo is well-received with all up arrows. back to you. melissa: nicole, thank you very much. adam: spam house was hit mitt with a a massive denial of service attack that some analysts say it is largest attack in history. we have some with who is behind these attacks and thanks for joining us on fox business, david. >> thanks for having me. >> how do you explain the size of this attack in a way i can understand it? i heard things like usually an attack like this is 100 gigabytes per second. now this is 300. give me some kind of analogy that lets me comprehend what is happening. >> the estimates are 300 gigabytes. if you think of gigabytes themselves, think of entire hard drive of your computer houses information, that is what is being sent every second to spam haas and a

lot of different providers out there. -- spamhaus. the number volumes hitting the companies. think of it completely overleading and sat lating the internet and thousands of thousands of difficult attackers coming from different locations all at once flooding your entire internet. this is high scale magnitude attack happening right now. adam: quickly, spamhaus is a firm that essentially keeps spam e-mail from winding up in personal e-mail. is that accurate? >> that's correct, yes. adam: do we know who is doing the attack? something the crew and i seem to be concerned about is that it is a simple way to launch an attack like this. i thought these things were very complicated. >> not at all. the actual attackers themselves appear to be multiple fronts. it is retaliation for initially what we call blacklisting or denying people from being able to send e-mail addresses, for example. known spammers that go after companies that try to get them to click on links or

funnel information or steal intellectual property or steal financial information. these companies are, these, hackers are now, in retaliation going against spamhaus to try to shut them down for actually blocking them. and, you know, the type of attack that they're doing, most specifically the dns amplification attack what we call a distributive denial of service which basically floods your entire internet pipe that you have going to your company and completely shuts you down. very, very little sophistication. very easy to do. and something that doesn't take a lot of resources to actually shut an entire company down. adam: david, i know there has been a lot of concern from different security firms like yours about this perceived attack, project blitzkrieg that is supposed to hit any day now. part of that, we interviewed people from mcafee, said part of that attack would include a denial of service attack. is there any indication massive denial of service

attack against spamhaus is connected to project blitz kreerg. >> there is no indication at this point, but doesn't mean it started already. we'll see what is the tip of many to come. we've seen the financial sector hit heavily with denial of service attacks. who knows if the blitzkrieg campaign will be effective. but at end of the day being able to perform outages on critical infrastructure in the united states is very plausible and something that can definitely happen soon. adam: if in fact there is warning from terrorist organizations that is their next target. vital infrastructure of the united states this summer. do you give that kind threat any credibility? >> i think one of the largest threats we face today. conventional warfare we think of military folks coming in with guns and large planes and things to that effect when today's attacks and warfare are not even happening from actual boots on the ground. terrorists can stand up large cyber activities and go after organizations and completely cripple our entire suck infrastructure. think about one day or two

days completely take out the water systems or electric grid or anything of this those? it would cost mass mayhem in the united states and everything is on the internet. adam: david in broadview heights, ohio. always good to see someone from the buckeye state. >> go bucks. adam: take, care. >> take care. melissa: which stock is wall fleet's new darling? charlie gasparino is here with where the street is placing its bets. adam: good research in motion and hello blackberry. the new quarterly earnings are surprising the street. melissa: take a look at the 10-year and 30-year as we head out to break. the yield on the 10-year steady today, after a big move yesterday on cyprus. but today holding steady. 30-year up slightly. we'll be right back. [ male announcer ] this is joe woods' first day of work.

and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find se good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade.

>> i'm dennis kneale with your fox business brief. united airlines ceo is crediting the airline mergers for making airlines profitable. speaking at an aviation conference united ceo jeff smisek said mergers brought rationality to the aviation industry. too many airlines have been

chasing too few passengers. boeing ceo jim mcinerney says the company is, quote, very close to getting the 787 dreamliner back into the air. mcinerney said it will be sooner rather than later. he is confident the redesigned battery fix being tested will satisfy the faa. and food stamp enrollment continues to climb in the u.s. close to 50 million americans enrolled in the supplemental nutrition assistance program as of december. that is up 70% since 2008. 15% of americans now using food stamps, costing almost $75 billion a year. that is the latest from fox biz, giving you the power to prosper

adam: charlie gasparino says people on wall street are hawking what they say is sure pet to double your money. should you listen to all of the hype? charlie is here to answer that question. >> this is not a madoff situation. actually it involves kind of

an interesting stock, bank of america. i never thought i would say this. bank of america is one of the most bailed out banks in the history of banks. only citigroup surpasses it. that came after, because of its purchase of countrywide in early 2008, right? as you know countrywide, all the bad mortgages. they appeared on bank of america's books. then the purchase of merrill, which during the financial crisis had a lot of problems. right now, bank of america is considered, it is down a little today. it is figures out picks the date it is down to do the story. it is now considered a wall street darling. if you look at over the year, the last year of the performance of bank of america versus goldman and s&p beats all of them. bank of america is up 25% during the course of the year. what is interesting about this story, is, the emergence of brian moynihan as a star ceo in the last year. i mean a lot of em, i have written negative critically about him. i didn't think he was cut

out for the job. he kind of fell into it. there was other candidates when ken lewis resigned in 2009 were likely to get it. they couldn't do it for one reason or another, investigations. he has done a pretty good job trimming costs. garden fencing, ringfencing, excuse me those liabilities that involved countrywide. and right now, people are talking about him as the sort of, i don't think, anybody is saying he is better than jamie dimon. he is having a really good run. here is the question is it going to double? a lot of people are saying shares at $12. melissa: double from here? >> over the next year, i hear a lot smart people talking about bank of america going to $24. what is the theory behind this? if you think about it, fed easing, printing money. almost keeps putting money in his pocket and trimming. the fact is they have, if you believe they have the worst behind them in terms of legal liability, stemming from countrywide. adam: he settled. that was the first thing.any

hand did, settling with the government. >> if i think the worst is behind them and you think you can keep trimming, well you have a $24 stock. listen, i'm not advocating people buy stuff. i never do that people on wall street are saying there is a negative case. if the fed ever does a 180 if the fed stops printing money. melissa: not in the next year though, you would think. >> by the way, if they don't, the dow will go up to 20,000. i'm saying if they signal that, that's when all these financial stocks, including bank of america come back. moynihan, there is one question with moynihan, does he have a growth strategy? people don't know. those are the caveats. i will say right now despite today's action, it is down marginally. melissa: that would be an opportunity then. >> i'm telling you a lot of people out there this is one of the financial stocks people say you should own. adam: you're close to the people who know moynihan. was the right man at the right time or was he a luck of the draw? because these things are things you have to do anyway? >> at the time you thought

he wasn't the right guy. he was legal guy. he should have warned ken lewis, who was ceo who bought countrywide. there was a lot of talk this was not the guy that had the chops to take that job. as it turned out he wasn't a bad choice. remember he is a lawyer. he understands the liabilities. he understand how to ring fence liabilities. get it over with, and he is cost cutter. that is pretty good person to have, as it turned out in that job. i'll tell you, i'm trying to think of reasons why it shouldn't double. if you think the fed is going to keep easing over the next year. if you think that there are beyond, they have got most of the legal liabilities behind them. if you think you can still keep trimming cost, because he is not a guy that is great at growing a business. that has never been his forte, this stock has got to go up, right? i'm just telling you. i'm throwing it out there. melissa: if you listen to dick bove, yes. he is the guy who put out a big paper how he thinks this is just the beginning of an upcycle for banks. yeah. >> i love dick.

he's, you know, what is great about dick bove he does, when you listen to him he gives you caveats you should follow and he has interesting insight. he often too much of a bull on certain things but maybe he has got this one right. i don't know, i tell you, if you're in the market, talking bank executives, they're not saying jpmorgan is going to double. >> yeah. >> they're saying bank of america. adam: real quick, how much of this is momentum? the target was on bank of america and it shifted at least public opinion has shifted. now the target is on jpmorgan chase. >> that's a good point. it is their time in the sun to get the you know what beat out of them. i will say, jpmorgan is a firm that is going to, maybe have record profits again this year. melissa: right. >> i'm telling you, but you know you don't buy the firm, firms that are beat down. this is a comeback story. if you believe in the comeback story and they have a lot of bad stuff behind them, man that's a cheap stock, $12, right? melissa: charlie gasparino, thanks so much. as we do every 15 minutes.

let's check the markets with nicole petallides on the floor of the new york stock exchange. nicole, jewelry makers among the winners today, i love it. >> look at signet and tiffany's. two names that are household names. signet is kay jewelers, jarrett jewelers. up six 1/2%. surging to a 52-week high. they came out with their quarterly numbers, their earnings. they beat the street on earnings and also the revenue which tops expectations. they raised the quarterlyly dividend. people love that, by 25% to 15 cents a share. also i want to take a look here at tiffany as well. because tiffany is rising on this news. there is look at tiffany. up about 1%. you do a comp chart, signet is slightly outperforming tiffany year-to-date. we're up 26%. tiffany is up 20% this year. and hsb consider -- hsbc listed target on the stock. melissa: nicole, thank you very much. adam: blackberry beat the

street and throwing all its eggs in the z10 smartphone basket. shibani joshi has more on what the company reported. the thing that stuck out to me, obviously i'm not buying stock right now, they lost three million subscribers but the street seems to be more interested in earnings per share beat. >> yeah, adam, that is exactly right. it is all about future guidance and future performance for this company. yes, three million subscribers did leave but don't count this company down and out just yet. in fact, stern ag says the key takeaway from today's earnings report that blackberry is here to say with stabilization in its business and its balance sheet. the company came in with a surprise fourth quarter profit. the second consecutive quarter that we'll seeing profitability for black per as we all know making up for years and years of missteps the company's revenue came in shy of estimates at $2.68 billion. overall analysts seem to be very satisfied with this progress report. here is sort of the big takeways i glean from it.

first that surprise profit. you have a profit instead of a loss, that is always a good thing, thanks to cost cutting. $98 million of it. they lost $3 million subscribers coming in with 76 million in total. 6 million smartphones were sold. which one million were the you new z10 units. the founder of blackberry and really flushed this company out of the toilet. he is finally letting go and finally leaving. overall positive news for the struggling smartphone makers. one thing keep in mind the smartphone sales didn't include sales in the u.s. didn't include sales in canada and the u.k. we don't have a picture exactly what is happening. on the company's conference call the ceotores ten hines, said, get this, 55% of the customers buying z10 were new to the company. they're not, majority of these people are not upgrading old phones.

they're switching from some other device and that is exactly what the company needs to turn its tide around. adam: shibani joshi thanks etch is. melissa: why you see your neighbor marching up your driveway with your online order from wal-mart. that story next.

adam: wal-mart leads the country fiber-opticking new ways to cut costs. now talking about a radical new plan for online deliveries using you, that's right, you. with more liz macdonald. what are you doing sitting

on the couch? time to make deliveries. >> make some deliveries. this is basically came out of wal-mart's global e-commerce media event. two executives talked about hiring customers to be couriers to deliver web packets. not a serious stage. it is at brainstorming stage. say you buy diapers at wal-mart or hanes t-shirts or pickles, wal-mart will give you discount on pickles and diapers, basically to cover your gas costs to deliver those packages to your neighbors. this is spit balling. this is at the brainstorming stage. this is just something that they're calling crowd sourcing. they're trying to figure out a way at wal-mart to get to the $9 billion in sales that wal-mart wants to hit this year from web sales, from online. so, you know, basically amazon is 61 billion. wal-mart wants a piece of that action. they have got,000 supercenters. get this stat. 2/3 of the population lives within driving distance of a wal-mart. 2/3. how do you use those stores?

here is some of the strategy they're talking about. at wal-mart to go after amazon. doubling number of stores that fill web orders. now you have 25. maybe see 50 of the stores doing that same day delivery. google is doing this in san francisco with target that you like, melissa. melissa: i love target. >> wal-mart to go. they're test driving wal-mart same day delivery. so the lockers in the stores for web sales. sometimes you get the amazon package and still on the doorstep. they're talking about putting lockers in wal-mart stores for your online wal-mart goods. melissa: there are a lot of folks doing same day delivery. that's a huge one. got to get into that business of getting it to you faster, forget about it. >> exactly. whether we see this being rolled out this year, we could see it in the summertime. some of the pieces of this strategy, customers as couriers, they were spit balling about that one brainstorming. adam: go get my t-shirts. what are you doing here? >> i will deliver it right

away. melissa: emac, thanks so much. coming up tonight on "money," we have jeff and jackie schaeffer, creators megahit show on fx, "the league". we'll discuss how original content and niche audiences become the only way for networks to stay profitability. brand new channel centered around their show as a cornerstone of it. big announcement from the up fronts. 5:00 p.m. on fox business. don't miss it. adam: coming up red states beating blue states, attracting new job create, to. steve moore sparked latest battle in the ongoing war. he will join tracy byrnes and ashley webster next on fox business. you have to hear what he has to say. switchgrass in argtina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections

of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with condence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and csider carefully before investing. it's delicious. so now we've turned her toffee into a business. my goal was to te an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side.

gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone but her... no. no! no. ...likes 50% more cash. but i don't give up easy... do you want 50% more cash? yes! yes?! ♪ [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 5 annual bonus on the cash you earn. it's the card for people who like more cash. ♪ what's in your wallet? why? and we've hit the why phase...

tracy: good afternoon, i'm tracy byrnes. ashley: i'm ashley webster. it could be a day for stocks. the s&p 500 hit its best

intraday level ever. will it close at a new record? dow best first quarter closing in 15 years. but the question is, what is the markets next move? some opinions out there. a big money manager shares his outlook in minutes. tracy: red states versus blue states and we were thinking there were purple states out there probably. all this when it comes to attracting american business, "the wall street journal" stephen moore says the evidence is all in the census numbers. we were talking about census numbers yesterday. steve moore is here to explain he next. ashley: cypriot banks back in business. they opened for six hours under heavy restrictions. when will cypriots have free access to the money and what will be the long-term impact on the euro. currency expert marc chandler will be here on the show. tracy: we were talking how orderly that was. ashley: yes. >> close to the jersey banks? forget it. there will still be --. top of the hour. time for stocks now. as we do every 15 minutes,

nicole petallides on floor of the new york stock exchange. hey, nicole. >> hi, tracy and ashley. looking at the market pretty good if you're a bull. wrapping up the quarter with up arrows. january, february, march, certainly have been stellar for the three major averages. right now the dow is up a quarter of a percent. much like the s&p 500. you're looking at nasdaq there, up, i'm sorry, .1 of 1%. year-to-date, these up today sees are up between seven and 10% respectively. obviously as i noted great year-to-date numbers there. here is a look at s&p 500. look at this one intraday. we set a new high and broke our record closing high that we set back in october of 2007. today traded as high as 1568. we'll look at biogen idec. which has gotten some good news from the fda for an oral multiple sclerosis drug which will bring in revenue for them in the future. here it is. the stock is up 4%. that is great two-day chart

to show you a pop we're seeing here today. back to you. tracy: thanks, nicole. we'll see you in 15 minutes. ashley: now to cyprus where banks finished their first day of business after being closed for nearly two weeks but capital controls will be in place for a while we understand. our rich edson joins us live from nick see ya cyprus with the very latest. rich? >> well, ashley the lines started developing 30 to 45 minutes before the banks opened at noon this morning. took a half hour to get 40 initial customers through here. then a pretty steady volume of folks coming through the day. some looking to take out daily maximum of 300 euros. much more number of folks looking to put money in the bank. when it comes to banking in this country. they are cautious. >> i haven't been paid at last month. at the moment we're not sure if we actually cash the checks at the end of this month. >> i'm not trying to get all of it. i'm just trying to make sure they don't take a lot of it.

>> so from here cypriots have to deal with at least the next week capital controls. 300 euros a day is what they're allowed to take out. can't cash any checks. take 3,000 euros out of the country. there are folks at government officials all over the place making sure people don't take more than 3,000 euros out of the country. there was skepticism that these capital controls would last longer than the one week the government said. already just a short while ago we had the cyprus foreign minister saying it could last up to the a month. back to you. ashley: rich edson, everyone rich spoken to from the u.k. a lot of brits go down there. they live cheaply. the sun is out but boy, they can't get their money. tracy: london is looking pretty good right now. how will the developments in cyprus and today's weaker than expected u.s. economic news shape the markets ahead? let's bring in the chairman at eisner personal wealth

advisors. congratulations on the title, tim. that is new, isn't it? >> thank you. tracy: you're welcome. talk about how this all comes together because we could have two different people on that will say two different things. market will pull back, tumble. market is off to the races. where are we? >> right. the market so far in the u.s. have not shown any reaction. tracy: right. >> as a matter of fact as you know we continue to accelerate. i think that is because of the fundamentals here in the states. certainly you look now at the u.s. dollar, very strong u.s. banking system now. certainly one of the more respected. you look what is happening in the context of housing. certainly values and prices there, energy, the recovery continues. everyone recognizes it's slow but it's real. and therefore, volatility, if anything, could possibly come from geopolitical, not necessarily global economics. personally i don't know where it would come from? you would have to see something significant and unknown to occur. we expect our clients,

expect 100 point, to 150 volatility anytime to be ready for that. ashley: that said, you know, we talk about almost a record level every day right now. >> right. ashley: is that meaningless? or, is it bringing more money in from the sidelines? because i think it is the retail investors are still coming in with their money >> right. those are two very good points you make. we talked about at charter, when you look at 08, corporate earnings, revenue and book values were actually behind what the stock valuations were on the s&p. that through 08. that trend has now reversed. whereby now you have actually the market following much improved earnings per share and revenue and book value. so it's tough to argue that the market is overvalued given that, when you look back, leading up to '08 and it was actually ahead, right, ahead of all those factors. so very interesting observation. but i think retail is probably coming back in but a lot of them still feel very nervous about doing so.

it is left up to large institutionals and so forth to be investors. tracy: rightfully so. you still have a lot of headwinds. >> right. tracy: d.c. being one of them. you point to north korea as something that bothers you geopolitically. >> we were talking today about what could happen to really give nervousness to the markets globally and it could be, it could be a north korea issue. it could be something happening in syria. tracy: not europe? europe is not what is bothering you anymore? >> europe has been a trajectory of recovery. we don't think the template will be for greece. as a matter of fact if you saw vp, vice president of the european commission the reason why the greek, cyprus result will not be applied elsewhere because cyprus has eight times its gdp represented by banking. ashley: that's right. >> you look across the water to greece and it is three times and have far more security in their banking system and far more regulation. if something happened in greece you would not take a cyprus model to greece.

tracy: right. >> it seems to be anomaly but it is a lesson for the e.u. we learned it as well, and that is, that you really have to pay attention to your banking regulations, your loan loss ratios and depositers and tax. cyprus had a 10% tax rate before raiding it to 12.5 which is still not significant. tracy: right. ashley: with all of this in mind you say to your clients stay in equities, there is still room to grow here? what particular sectors or areas do you like? >> first off we advise our clients. we have clients on fixed income. i should say before i go on with it responding, each client is, goes undergoes a thorough, rigorous, personalized allocation model. we don't use prefixed models. we look at cash flow, time horizon, return analyses and risk tolerance and we design allocation models. where that takes us is where it takes us. 60/40, 70/30, overweight to fixed income. with that said and further most of our clients are

following the allocation models. we've seen no movement, no clients expressing overly, overly concern with respect to what's been going on. tracy: that's good. >> nor even in 11 when we had the moody's bond rating drop down so. tracy: we need the retail guys. ashley: we do. >> most are staying long though, ashley, to answer your question. ashley: very good. tim, thank you so much as always. >> thank you for having me. ashley: we appreciate it. all right, coming up weeks of restrictions on cypriot banks. will there be long term impact on the eurozone? >> plus more americans using food stamps even as this economy improves. we're going to look behind this disturbing trend. first as we head out to break, your dow is up about 36 points. let's look at oil, up 70 cents a barrel right now. $97.28. we'll be right back. friday night, buddy.

you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. please sir, i want some more.

more? he has asked for... what? well he did say please... please and thank you. pass it on. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade.

ashley: you know what that means. says it right there. time to make none any with charles payne. this hour he looks at what he calls wall street weak targets. what do you mean, chart. >> tim gave a bite interview. i -- great interview. wall street went out of its way the last 100 years to make it more mysterious than it is. the other problem is wall street analysts. ever since the debacle with enron and worldcom and idea that wall street couldn't use analytical departments to pump stocks it has been pretty bad, it has been pretty bad. we see a lot, upgrade after the stock made a gigantic move. we see it all the time today. don't want to pick on citi, but citi group goes to buy on ryanair. they went into a hold january 2009. the stock is up 98% since then. okay, fine. but then, another thing that bothers me, are the weak targets.

like, okay, you know what? we'll raise our target on this stock. go from neutral to a buy. look at some of the targets last two days, relatively weak if you ask me. ashley: okay. >> paychex, 32 from 30. that was barclays. actually we went to higher targets first. he is 3:00 these are the more robust. look at weak targets, guys. vfc, 186 from 180. stericycle, 115 from 105. six flags, 81 from 78. ashley: three bucks. >> what i did know, have noticed for entire careers usually larger more established firms go with weaker targets. first chart up. that was robust target. these are small, middle sized firms. they're trying to make a name for themselves and at least going out on a limb. zillow going to 40 to 53. that is robust. that is conviction. ashley: yeah. >> of course this morning was the big one. i hadn't sign one like this for a long time. it caught my eye because

yesterday i was on with melissa and adam and picked deckers. i've been doing deckers for a long time. i really loved this deckers. someone comes out with a target, jeff frist, the target was 65. keep in mind stock was 50 at beginning week. target was 69. you know what it is now? 100. that is manly. that's what i'm talking about baby claim. now you got my attention. it jumps up a little bit. that is a manly target. 52-week high is the 69. you want to say something. tracy: i do. i really do. there is so much to say unfortunately we have to go. >> do it tomorrow. tracy: let's. a lot of it is way guys are paid now? it used to be --. ashley: they sit on the fence a lot. >> sitting on the fence too much. ashley: too much. >> listen if you're analyst and doing your work did your work but i think unfortunately people are so afraid of being wrong. so what happens, the management gives guidance. let's say management thinks

they will make a buck for a year. tell wall street 95 cents. wall street takes 95 cents, to be on the safe side, 90 cents. tracy: right. >> i'm an investor. company reports 93 cents and beat by three cents and stock gets hammered but everyone that knew said it should be a dollar. tracy: we'll talk about that. trick dynamic. ashley: it is. tracy: charles, you will appreciate this. the stock market is hitting record highs. unemployment is declining but a record 15% of americans are receiving food stamps. enrollment in the supplemental nutrition assistance program which is known as snap, has soared 70% since 2008. it us at a record of 47.8 million members. this is as of december 2012. the last year the average monthly benefit per person on snap was $13. what the government spending a whopping $75 billion up from 30 billion? 2007, congressional budget

analysts think participation will rise again next year. one, we don't have the money. two, there are no barriers on this thing. you could take the snap money and buy a birthday cake. ashley: you could. some people need food stamps. tracy: agreed. ashley: to think people go hungry in this company is outrageous. that said, there is so many much out there in the food stamp area. sell them for 10% discount and go buy other things. tracy: charles, says this keeps you on the government dole. there is no incentive to get off. >> make it really attractive, food stamps, welfare, earned income tax credit, child tax credit, local benefits. making 45 grand or less it will be tough to make more, there is period, to go from 45 up to 55 you might come out losing money initially. why would i want to climb the ladder of success? tracy: no. there is no incentive. might as well stay home to watch the soaps. ashley: it has gone quarter past. time to check the markets. nicole petallides on the floor of the new york stock exchange. nicole, dow hanging in there,

up 34 points? >> that's right. still a winning day on wall street. dow, nasdaq, s&p all pesting up arrows. we're focusing today, one thing we're certainly focusing on as a mover is blacker aboutry. formerly known as research in motion on the move today. you can see it is up 2 1/2%. that is nice two-day chart. they came out with numbers. revenue missed. surprise profit for blackberry. we have the ceo obviously talking about the price point of their units, z10 smartphones. they sold a million in the latest quarter. we red about that. spoke of that. the question what goes forward with their newest product. we wait the 18 months for the product. the launch, day we found out about it, january 30th. you couldn't buy it until march 22nd, but gold man saks and citigroup not too hot how it is selling. we'll see. obviously a great performer. up 100% in six months. ashley: certainly has. nicole, thank you so much. we'll be back in 15 minutes. tracy: can get the apps,

can't get the apps. ashley: that is one of the big problems. >> red state, blue state, big tax battle. "wall street journal's" stephen moore says it pits reagan-nomics against obama-nomics. he says the winner is clear. he is here. ashley:. euro bouncing back a 4-month low against the dollar. how will cyprus shape its next move and what will it mean for the common currency. marc chandler weighs in next. talk about currency, see how the u.s. dollar is trading. euro up above the 1.28 mark. dollar gaining on the pound today. we'll be right back.

>> 21 minutes past the hour i'm harris faulkner with your fox news minute. nelson mandela back in the hospital. he is reportedly being treated for a recurring lung infection. mandela who is 94 years old and former president and anti-apartheid leader. he is becomingly increasing frail in recent years. >>. >> in sports king james and miami heat winning streak coming to an end last night against the chicago bulls. the bulls turning up the defense and sinking home timely fourth quarter baskets. miami finishing six games short of the record held by the los angeles lakers until now. they did that back in the season of 71-72. those are the headlines.

back to ashley and tracy. ashley: fox's harris faulkner. >> thank you very much. ashley: talk about the currency, as the euro rebounds from a 4-month low, cypriot banks reopened after two year hiatus. no sign of panic, but could the government i'm pose capital controls lead to what some are calling cyprus euro, a two euro system. let's bring in mark canned letter, global head of currency strategies at brown brothers harriman. mark, they say it could create a euro used by rest of the euro members about. could it happen? >> it could happen. happen today? happen next week? probably not. takes a longer period of time for these capitol controls to be in place. market is assuming, high close to month rather than the week the government is saying. ashley: if it goes on longer i would imagine a dollar in the euro in bank of cyprus will be looked at rather weaker than a euro in the deutsche bank? >> it sure will. i think what is happening,

are these capital controls, some businesses, can still import. ashley: right. >> as they import nobody is charging more to take take their euros. right now is is not theoretical question but what is going on the ground. one euro in cyprus is worth one euro in germany. ashley: we saw the euro come back a little bit today. we had not the mass panic feared in cyprus. also decent german economic data. where does the euro go from here? >> that is good question. what is happening right now your europe is closed and most of europe won't open again until tuesday. this is longest period of time of time euro markets are closed. this is end. month. end of the quarter and japanese fiscal year. ashley: that is lot. >> by the end of the year i expect the euro to be down by 1.20. before we get there we could get a little bit of a bounce. market is short the euro. they're selling it on any news. we could get a short-covering bounce. ashley: amount of shorts out there, mark, not as massive as you might think given

everything going on. >> part of the problem, that people are negative the euro. that is not so positive the dollar. we're getting benefit from default. we had strong economic data. thing i warn people about. most recently the economic, economists talk up with the economic data. they have been advising up forecasts for economic data. these surprise models i about suggesting that we should expect weaker economic data going forward in the u.s.. ashley: there are those out there, some analysts say long term we'll see parity between the euro and dollar. >> i'm a dollar pull but i'm not sure we see it anytime time soon. i don't know what i'm having for dinner let alone where the euro will be years from now. see it 1.20. by the end of the year. as long as fed doing quantitative easing there is deeply held skepticism how far can the dollar appreciate. ashley: speak of which, how do you think the european central bank will react to this? there is some specialization next week they could cut rates. what do you think?. >> they could cut rates but won't. ashley: leave the door open?

>> leave the door ajar. they assume the eurozone will be weak first part of this year. not dispointing though. if the economy in europe continues to be prolonged weakness and also what the other part of it just not the economic activity and inflation. germany and inflation and france is multiple year lows. money supply falling. loans to private sector, falling through nine or ten months in a row. i think ecb the if they ease later in q2, rather than beginning of q2. ashley: news outside of the euro, see the yen rise against most of its counterparts as well which is ironic. the bank of japan basically keeping its monetary easing policy in place but not doing anything else extraordinary. you're seeing strength in the yen. >> i'm a contrarian there. i think bulk of yen's weakness is behind us. we've gone from 76 --. ashley: despite what the boj does. >> despite what the boj says and what they do. we've gone to 96 dollar-yen middle of november. i think market is pricing in all the bad news.

all the monetary stimulus and fiscal stimulus. i think the next big move is squeezing some yen shorts out. >> when looking for high yield i thought the aussie dollar was pretty attractive? anything out there? what about the brazilian real? >> brazil trying to control currency. ashley: they're worried inflation in brazil. >> the currency we like in latin america is mexico. it has done well and boston consulting group says for the first time, chinese wages are above mexico's wages. and so we're seeing this is just attracting, say auto industry. several japanese car manufacturers locating a plant in mexico to begin servicing the north american market. ashley: very interesting. mark chapped letter, thanks as always for being here. >> appreciate it. ashley: there you go. peso. tracy: cover ad ton of stuff. ashley: yeah we did. tracy: around the world in three minutes. coming up, wal-mart's radical new plan for online deliveries and radical should be underlined and highlighted and bolded, all that. raising serious legal and safety concerns.

we have details next. ashley: take you to today's winners and losers on the s&p. gamestop, my teenage son spends most of his time there. doing well today. tracy: because of him. ashley: yeah. up nearly 6%. we'll be right back. she knows you like no one else.

and you wouldn't have it any other way. but your erectile dysfunction - you know, 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 taet approved to treat ed and symptomsf bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, 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 muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than 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 throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a 30-tablet free trial.

investor. yeah, ibut i'm a busy guy.or it used to beasier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out whyine out of ten large professional investors choose ishares for their etfs. ishas by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. tracy: stocks got high with 90 minutes left in the day. weekend quarter on wall street. so cool. nicole petallides is down at the floor of the new york stock exchange. >> reporter: i am here. going to give us a little bit of insight. we were just chatting. we're heading back to highs.

s&p. but what does it feel like? >> kind of uneventful. today because it is a very low volume day, and of the quarter. i think people are really just -- it's a long weekend coming. >> reporter: a little bit lackluster, but what do you feel? >> suddenly u.s. equities is the place to be. no question. this will continue, i do believe . and then there are areas that you like better than others. finance. are not going anywhere. so there it is. >> reporter: back to you. tracy: nicole petallides. making some great points. we'll see you in 15 minutes. ashley: this is an interesting story. if you shop at walmart, listen up. the retail giant might someday want you to deliver online orders for them. it is part of a radical new plan the company is considering. liz macdonald has more in the bottom line.

what the heck is going on? >> reporter: walmart is saying that they are in the brainstorming phase trying to get 9 billion in online sales. this is one idea that popped up the conference. i tell you, we talked to wall street analysts about this, there are liking the online strategy. let me just get to this customer courier service idea, meeting tracy buy something online. of what happened is ashley would go to a store to pick up his many's in ketchup and then pick up tracy's order and delivery for tracy but as it would get the discounts to cover your gas costs. so that was one idea that they had. it was really camino comic reading a lot of problems for walmart. she would live in your neighborhood. ashley: i could be a serial killer. >> there are companies that are providing these services. tracy: my dog piece on his lawn

and a be-bop package of all way home. >> all sorts of problems all the way home. this is, again, something there were talking about. they do want to use their 3,000 supercenters, but use them for their online sales. they want to use the mass distribution centers for the web sales, so they're trying to double the sales. let me show you the walmart strategy. double the number of stores. send a delivery. we have to will now encroaching on amazons turf, doing this in san francisco for targetting companies like office depot. lockers in walmart stores for web sales. the customers are careers. now, it is already being used by amazon. they have lockers in discount stores, drugstores. in other words, the thinking is

when you order from amazon your goods could get stolen on the threshold. you have them stored in a locker and then go pick them up, so you protector purchase, but i'll tell you something, $61 billion in annual sales. walmart wants a piece of that. 9 billion is what they're forecasting this year. they could do it, and wall street is taking the idea very seriously. the stock has been performing nicely. ashley: and decent discount? >> you would get your gas cost coverage. that was the idea that their brainstorming about. if you're out of a job. all right. and not worried. >> i'm worried about tracy's part of that. tracy: well, if your neighbor is an attitude, gets a little -- your package is broke. i don't know. all right. go talk to walmart.

i'm not buying it. and just not buying it. all right. breaking news for you now. oil closing up $0.65 and $97.203 per barrel. today's close marks the fifth straight day of gains for oil. for the quarter u.s. crude futures rose $5.41 or nearly 6%. ashley: just in time for the weather. people get out of the rubble of a more. pricey. tracy: out about this. the matt lauer mess and how nbc ended up with yet another public relations disaster involving one of its priciest talents. we have that next. ashley: as we do every day at this time must take a look at the ten and 30-year treasurys as we head to break. we will be right back. ♪ clients are always learning more to make their money do more. (ann) to help me plan my next move,

i take scottrade'sree, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone but her...

no. no! no. ...likes 50% more cash. but i don't give up easy... do you want 50% more cash? yes! yes?! ♪ [ mamale announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like me cash. ♪ what's in your wallet? why? and we've hit thwhy phase... ♪ >> reporter: em shibani joshi with your fox business brief. weekly jobless claims rose more than expected, 307,000 people filed for first on the jobless benefits last week. the estimate was for 340,000. the economy posted sluggish growth in the fourth quarter of gdp coming in at an annual rate of .4%. economists overseeing a growth up and a half%. united airlines' ceo is getting airline mergers for making

airlines' profitable. speaking at an aviation conference, mergers have brought rationality to the aviation industry saying too many airlines were chasing too few possibilities and that is the latest from the fox business network, giving you the power prosper. ♪

tracy: seen. ashley: and a bankruptcy judge has to the way for american airlines to merge with u.s. airways and the only has $120 million hang up. the deal, as he called it. here to a explain exactly what that is. >> i cannot explain that. $20 million walking away severance pay when this company went into bankruptcy. happy to pay for performance. not happy to pay for a pep --

pay for failure. the guy wants 20 million in cash and stock for walking out the door. american airlines' ceo took the company into bankruptcy. the ceo of u.s. airways is going to take his place. now the justice department, the u.s. justice department having big problems with it because the bankruptcy code, as you know, was rewritten in 2005 to prevent just this kind of thing, and they're saying, hey, you're saying that the companies will be combined and so they're not going to be in bankruptcy anymore. come on. we see through this. this should not happen. the fact we are evennwasting court time on this but my mind. that is a good question. talking about whether or not this guy should get all this money. ashley: part of the overall agreement on the merger. >> but can you agree to a merger that is illegal? mean, you know, illegal under law. you cannot write a contract that is illegal under the law. that doesn't work.

ashley: the ultimate payoff for failure. tracy: he is laughing all the way to the bank. you going to talk about this tonight? >> we will be with an attorney, you betcha. we will be. ashley: we are on it. tracy: you're at the car show. >> and not from around here. tracy: what did you sit in? >> let me tell you, the most amazing thing i saw, it was not the bentley, it was the audi. they had the seat in their car that massage as you well you're driving. ashley: now we are talking. tracy: says europeans know how to build cars. ashley: they take vacations and they build cars. >> crossing the line. it. ashley: a honking you at the light to go. kidding. race stuff. can we get some of those here? tracy: can you imagine? a little button. thank you very much. don't mess the willis report.

settle down in your massage chair tonight at 6:00 p.m. eastern and enjoy right here on fox business. tracy: the most brilliant idea i appeared to have heard all day. turmoil at nbc, both in the morning and late night. that story in the joins us now. hello. >> reporter: let's start with late night. trying to get jay leno to retire from the tonight show, this time to make room for jimmy phelan. things are getting tense. monday night at the prime-time show, the voice of the revolution, moved in b.c. into the number two position. you know what that means? number two. between easter and passover. this is truly this is the miracles. we are number two. we're number two. [applause] and i have been saying that for the past week. nbc is a big number two. >> the average americans to visit the job for about four and

a half years. that is unless the late night host on nbc. i don't know. ashley: when one of your biggest stars such carping your network on air and when a successor in waiting starts taking taps at the man he wants to replace, it gets even messier. now, nbc leaked that it wants to lead up to retire next year to make room for jimmy phelan. never mind that he is still number one in late night, albeit he has and down almost 7% ffom a year ago. up 24%, and that is why nbc is worried. badly botched things a few years ago when it tried to ease up let's of make room for conan o'brien. you will see how the new owners at comcast fair this hour around. now that today show. likability is paramount in the early morning. and anchor matt lauer is in deep trouble. a devastating cover story out this week in new york magazine

paints him as planting in-the back of coast and carry. today number one in morning ratings every week for 16 years. blamed for a ratings plunged and get ousted, but today is down in the ratings. good morning america is up 6% from last year so far this season. today down 12% and a distant number two. so this time, is getting the blame. reports out this week that nbc is flirting with cnn anderson cooper and a recent report that lour might even someday replace alan tribeca on jeopardy in a couple of years. so that sets up a new parlor game. who moves first, leno will our? tracy. ashley: i can see that. he as americans. tracy: i would love to see a little change at the top there. thank you, dennis. ashley: interesting times. a quarter till.

time for stocks. let's head back to nicole petallides at the floor of the nyse. >> reporter: the last trading day of the first quarter. about 10%. a few winners and losers that are worth showing you're going. three months, some of the best and the worst. netflix to the best buy, hewlett-packard, obviously, netflix continues to be the behemoths in streaming video. a great quarter now bringing schulz on board. helping this year, the worse last year. as to collect some of the worst performers in the year 2013 and then something that we talked to yesterday. iron ore, mining, the demand is going forward. j.c. penney continues to struggle and frustrated shareholders. came on changing plans again and again and again. meantime the big loser. ashley: thank you very much. tracy: all right. red states beating blue states in attracting new job creators.

the latest battle in this ongoing war, and he is here next ashley: first, take a look as some of the day's winners and losers. that there up 39. to collect some of those winners and losers on the nasdaq as we head to break. we will -- we will be right back. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it'so clos to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪

♪ tracy: on to that red state blue state battle over attracting american business. in an op-ed today in the wall street journal ride states are winning the battle with low taxes and pro-growth policies of a boost its losing partly by raising taxes. this comes one day after connecticut governor gant -- dan malloy told us about this program to lure companies with financial incentives to relocate critics claim it comes at the expense of taxpayers funding

those incentives. ask the governor who is really winning, the company's other residents and years of the said. >> the fact is we have grown 20,000 jobs that our unemployment rate is dropping. the boy coming to our states. in the last year to companies have moved their fortune five fund -- fortune 500 headquarters to connecticut. tracy: now, he co-wrote today's op-ed, senior economic editor at the wall street journal. we did not get to hear this in the clip. these companies are coming, but the employees are not moving into the state. their commuting from other states. they raise all these ancillary texas, luxury taxes, sales taxes to pay for all of this. >> you're exactly right. economics today. in fact from connecticut is a perfect example of what we talk about in our peas and the "wall street journal" today which is, connecticut used to be this state that people would go to in the northeast to get away from my taxes.

connecticut as of 20-25 years ago had no income-tax kinds of people from new jersey and new york or go to connecticut. since then, including under governor malloy, taxes have gone up by lot, especially in context. he likened the situation in connecticut it is less competitive now than it has been any time in 50 years. of course it the northeast, the whole region, this is one of the point, it's actually losing a lot of jobs, a lot of factories, businesses to the southern states and the sun belt states. one of our points it is a not just because the weather is better. they have economic and tax climates that are much more conducive to business. tracy: a lot of these states no state income tax. right to work states which seems to be a common thread. clear part of the problem. >> its apropos that you should mention that today because michigan officially became a right to work state today. clwyd they pass that law in

december and today the law takes efft. twenty-four states that a right to work, and we define in our analysis that right to work states do significantly better in terms of attracting businesses and workers. the pattern -- the big picture is, we say is, the rising out of the south, becoming the economic superpower region of the country. the northeast mia to tell you this because i know you live there, the northeast is losing power. tracy: they're making it really hard for us to stay. even new jersey is doing it. more corporate incentives and the residents are shouldering it. yesterday hired of yet another family moving to texas because the map was really hard to see, but you could see that certain areas, texas, arizona, even las vegas. >> vegas is back. really get clobbered by the recession, but the housing is starting to recover. the state that is in the biggest trouble in my opinion by far is not in the northeast but on the other side of the country, california.

they just raise the highest income tax rate on millionaires test over 13%. think about this. if you're a millionaire, maybe somebody like phil mickelson, if you move out of that state to a state like texas or florida, your gas burden goes wrong million dollars a year to zero. it's a no-brainer. tracy: absolutely, especially when you have the money. let me ask you quickly. >> make sure you don't live there for more than six months. he wants to increase sales tax and lee were in exchange. do you think that will work? >> well, the question is whether you can get the votes for it. he actually gets that enacted and louisiana becomes the tenth state in the country because their night right now with the link up text i think louisiana sees a big, big recovery and

that think that, you know, there's a contest, a louisiana hour, or kansas or georgia that becomes the next state that does not have an income-tax. tracy: all our governors should reroute bad that you wrote. thank you. >> great to be with you. the data is there. who is coming in and out. they're not coming here. ashley: surprise that georgia is next. all right. talking of wealth, talk about sharing the wealth. a dozen south florida co-workers to $1 million an office powerboat poll actually sharing the winnings with a new co-worker. jennifer maldonado was asked to join but opted out because she had not received your first paycheck yet. lucky for her, her co-workers who were taking more than $80,000 each said they will share the winnings with her anyway. that is a nice group. by the way, remember that new jersey man who was the big winner, he is also sharing some

of his wealth. he owns about $29,000 in back child support. $152 million. i think he can handle that. >> i'm sure there will be others that show up. hi, dad. he. ashley: i think, long-lost child. tracy: that's great. i like the sharing story. all right. u.s. sales increased for four straight years. will the newest addition to the garage boost sales even more? president and ceo of joins liz claman. taking you to the last hour of trading. the dow was up 42 points. countdown to the closing bell is next. don't go anywhere. ♪ friday night, buddy.

you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcardcom.

♪ >> countdown to the countdown. tracking this stocks by tracking