the chasm continues. republican presidents, democratic presidents, the gate point fingers, but the bottom line is, the rich are getting richer, the poo adam: melissa francis is not in, but adam shapiro is guiding you through your "money" next. adam: i am adam shapiro in for melissa francis. here is "money" today. boeing beat first-quarter expectations. deliveries of the 787 will resume in early may. boeing shares rallied 3%. the world investors own 350 million shares of eing slade netted $173 million today. also making money, cofounder of home depot owns more than 660,000 shares of yum! brands. the news helped yu brands, so he scored a paper gain of nearly $3illion.

losing money today? gun shop owners, getting loans, the "wall street journal" says general electric financing unit is cutting off lending through gustores reportedly in response to the center's newtown school shooting. even when they say it is not, it is always about "money." ♪ adam: all right, everybody, let's get right to it. a lot of earnings today, qualcomm, vanguard, it to that released their earnings after the closing bell. dennis kneale knows tech more than anybody. dennis: how is it zynga can beat wall street estimates and earnings, yet after hours the stock is down nearly 10%? wall street thought zynga would

lose $0.03 per share, came in at 1 penny sitive per share. wall street thought they would come in at $210 million per revenue, zynga at $264 million. the big beat over wall street down from a year ago, we don't want a videogame company this young to be having decreasing revenues but take a look at this next chart they made up, take a look at how they have had decreases at all kinds of users. daily active users down 20% from the year ago quarter. monthly active users flying farmville and the like, down 253 million. monthly unique visitors to the zynga game site down 18%. meanwhile, bkings, that is the purchases, there you see those decreasing user numbers. the company doing it, farmville is so hot, why is it losing active users instead of gaining them?

now going over to qualcomm, te upside to that paair of tech partners with earnings today. qualcomm expected earnings per share of $1.17, ca in at $1.17. expected revenues on wall street of 6.09 billion, came in at 6.12 billion. remember, revenues have been missing with the quarterly reports and that upsets wall street. now, full-year guidance, it had been $4.25, $4.25 on qualcomm. the company raised the earnings they full-year guidance to $4.40, $4.55 per-share. meanwhile the third-quarter outlook in the middle o revenues, they say they will come in at $5.826.3 billion for the quarter and that would be3 gross of 25% to 36%. rather than growing at about a 30% clip for the past few quarters, qualcomm chip powering wireless devices for apple and microsoft and blackberry.

this kind of an agnostic supplier to all of those, and that is letting this company really hum, adam. adam: i can quote shaspeare, earningsreports are stories told by idiots, signifying nothing. you know they manipulate numbers. dennis: thank yoa lot. adam: take a look at other big companies reporting today. ford and boeing impressed instors with their earnings, something you might not have predicted if y are looking at these companies a few years ago. boeing delivered the first dreamliner in september of 2011 and despite all kind of problems with the jumbo jet, that stock is up 50%. and if you look at ford back in november of 2008 when the auto executives went to washington, d.c., but also down in their private jet lookingor a bailout from taxpayers. ght have thought they were done in, done for. but ford never asked for

government moneyand now that stock is up more than 630% since thatat day in november, 2008. it is all about the long-term. a partner and a founder of market 76 and matt riley is the ceo. we want to welcome all of you to "money." >> good for having me. adam: ford did very well domestically but not so well in europe and in asia they are playing catch-up. if i am an investor, if i believe in ford, and i miss him going in on fort worth is still growth? >> would talk to financial advisors, what they say is ford is a rockstar. that is a quote from them today. they have been buying ford since the bailout may have continued to buy ford. it has tailed off a little bit, some of them see ia little bit more fully valued but in the

space, that is the company advisors are excited about. adam: i know you think there are better buying opportunities out there, yet ford will see profits coming back from china in about two years, now would be the time to get in on ford and not risk going with other stocks, do you agree with mark >> i do. i think investors have to realize three years ago ford was a fantastic buying opportunity. as news has turned around for theompany as the stock obviously has marched higher. for the stock continue to march higher, you'll have to see better and betr news. that will only start to come in with better supply. with performing very well, lacking markets like asia and south america, i see far more downside in ford then upside. adam i will ask you about boeing alaska viewers about charts be prepared on boeing.

a new 52 week high today, if you look at where the stock has been when the 787 came out, it was trading around $57 per share. when she wants to get in on boeing now that the 787 is clear for takeoff and the orders are coming in, or is it already overpriced? >> i realldidn't think of as much to her three years ago with the 787. i wi i were there, but what is happening is people are ignoring the fact boeing is making a bucket full of money in the interim before the 787 really arts to pay off big. we looked at the profits the released today, and clearly they reached the street, and ironically they have been beating the street for quite a while here. always look at a company like boeing three to five years out.

what is really going to flake out three to five years out. i think boeing is in a great sition to capitalize on the future of world growth. the earnings right now are supporting a p/e of only 13 times. the stock has never sold a wild multiple overtime, but if you can grow your earnings 10 or 15% and sell it 13 times earnings, cannot see where you can beat that. >> i think that the interesting thing of ford versus boeing, we see this in investment havior as well, boeing is relying on government contracts which ultimately are something that have a lot of uncertainty around it. whereas ford is a lot more open to the ability to leverage the consum and grown its business. i think while the optimistic

global olook is something a lot of advisors share, the idea boeing may be tethered to the government too much is something that concerns our system. adam: you wanted to say something about the thoughts of the ford had a better spin to the upside potential than boeing? >> i actually think it does, but you will make money in boeing the next three to five years. with ford, they have only the glass is half-full at the moment. we have been operating at a very slow growth environment in this country, and yet ford has been able to capitalize on the slow growth. starting to sell more automobiles. the second point is the cost advantages are starting to move to the united states, more factors overseas coming to the u.s. for a number of reasons. the third has to do with this economy, we're only working at about half speed right at the moment. but everybody criticizes the slow growth that is out there now because implement growth ist there.

when employment growth begins to pick up, and that will probably be the latter and of 2014, we will start to sepeople replacing automobiles. we have a lot of older vehicles on the road. adam: what other stocks out there,ere talking forward and boeing, but the opportunities of people long term, people are going to hold a stock for a long time. >> i would not look at ford or boeing. industrial sectors, automotive and aviation or two of the best kept secrets for the last three years. anybody coming to the table now are late to the game. if you want real long-term value you need to be looking in heavy industries, but not necessarily automotive or aviation. you need to be looking at real estate. real estate absolutely got pounded leading into 2008 and today represents probably the best opportunity for both growth

and recurring income for investors out of tre, much better than the bond market. adam: you just made argument where i'm going to get brad thomas out of atlaa on one of our programs, he is an expert in real estate investment trust. unfortunately i'm out of time for all of you. >> thank you very much. adam: have a great afternoon. next on "money," amazon's new market hinges on everything they know about you. but will it cost an online shopper their privacy? how do you feel about that? and the house fires a sh over the president's vow read alone the keystone pipeline to go forward without the presidents approval. one of the lawmakers leading that charge will joi us. more "money" coming up.

♪ adam: if you are sick of online advertisements, perhaps it is because you are not interested, but what if the adwere for exactly what you wanted.

maybe you would even spend more money. u.s. digital ad market grew to $36.6 billion last year and managemeninternet git amazon ina network that cou change everything by using everything they know about you. let's look at all the angles. cyber security expert. essentially what they're going to do, they collected data on all of us as we buy things, now they're going tose that to target ads to us? >> correct. when you purchase and whatlse you purchase, it makes nse, google did this last year in terms of aggregating clicks from gmail and youtube and so on, google makes $40 billion worldwide on ad revenue. amazon made 500 million. amazon's revenues of 35 billion per year, but the earnings are

zero. they put everything back into the bsiness. there is a data trove that advertisers are drooling over. and they have to make money, that is the pnt. adam: i want to bring u.n., it is great to have you here. llme ask you, i can hear the privacy crowd going you can't do that, you can't do that, but it doesn't sound as if there is anything new going on here. if you swipe a credit card, they were collecting data on you that somebody was buying. am i wrong? >> you're absolutely right. now they are collecting data, difference is it is much more refined, adam. what it really means is all of the clicks you ma, if you buy a particular toy for your child, all those things are going to show up again in an aggregated

profile of your transaction. the question is how secur is this going to be, how secure are you going to be able to keep that and how secure are the servers and the entire structure azon is building up in this case. adam: i think there was a hypothetical, a big hypothetical, if you're a politician and you buy something that might be an erotic toy or something in your private life who to stop anybody from making that public. that is the concern? >> that is right. if you're a politician and you buy that, your opponent could employ a hacker to find out about your online buying and spending habits and they could come back to haunt you if you campaign for election, that is the big danger. adam: there are plenty of politicians, one here in new york city who y run for mayor who has got in trouble

without having a soul, is that the kind of thing that could stop, it is a huge forward march by google, amazon, everybody, would there be a legislation to stop the? >> there can be legislation to stop anything. what amazon has done is what google did, it has to be very candid, on the privacy issue at is the real issue. if you want to opt out of this, you have to be able to do it, help you buy things that you are interested in. the ceo of amazon is a very good communicator as opposed to somebodyike tim cook who is antisocial. he has to be very honest and candid about it. adam: the potential is he

because the margins, the cost of doing this is so minuscule compared to other things. the margins are huge. making 41% of the global digital advertising market. that is the market amazon wants to get into. adam: very quily, is the privacy issue legitimate, will it stop this march forward where is this not a discussion that will solve anything? speak of the privacy issue is legitimate. what is important is legislation be put in place helpingrotect consumers. we're worried about the government intruding on our privacy, but the key question is what are we going to do about big companielike amazon and google, will we allow them to intrude on our privacy as well? if we allow that, to what limits? that is the area we have to work in.

adam: very quickly, does amazon do this? >> it balances the privacy with making money. that is the key. adam: a pleasure talking about it. when cookies were the issue everybody was getting upset about, he was thbad guy. coming up on "money," house bill moves forward to strip president obama's power to approve a keystone pipeline but will it even make a difference? one of the lawmakers behind that bill will join us with that reaction. ever wonder how much the government spends keeping pot illegal? that money would probably give the u.s. economy a welcomed buzz. the econ is behind the report will join us. can you ever have too much "money"?

adam: the state of the keystone keystonexl pipeline still hangs in the balance jeopardizing the presidents approval of the project. but lawmakers have a way to cut the president out of the picture altogether. a bill to drop the president from the process, it won bipartisan approval today by the committee. a victory for labor leaders rallying today in support of all the jobs, something like 42,000. that pipeline would bring. is it too little too late? member of the committee who voted today joins me now to discuss it. is it too little too late? >> for something that is never too late, and this is one of them. it would have been bettero go earlier, more peoppe employed, would have helped the president's employment numbers, but it is not too late to give people jobs and let them ke their own way.

to have that coming in the united states instead of going toward china. we think it is not too late, it is a good thing. adam: it passes out the committee. if the house passes it and the senate were to pass it, it would still need the president's signature, would it not? >> yes, it would. he is on the horn to the dilemma. do you really want to veto a bipartisan bill that's going to get people off the welfare rolls, get them making much mo money when they probably, most of them have ever made, and really help the country when it comes to energy issues. or do you want to play some small group of voters whose votes you will never, ever again need? it is time to stop playing to voters who don't need anymore and do what is best for the country.

adam: the conventional wisdom. >> are you saying there is wisdom in washington? adam: i'm talking about even worse, among the press corps. i thought the theory was the president after being reelected would approve keystone even though thehave come up with a scathing report, wasn't the momentum that he was going to say yes to this? >> people thought that he would because we're going to have to pander to a small group of voters, instead could be the hero for people being able to work, be a herowith unions and union members, wnting new union members coming out of these jobs. in the press corps that was the conventional wisdom,but unfortunely that didn't get to the white house. now it is really playing out that way, so what are you going to do, why would you veto this

when it will create jobs, help us with engy issues, and if you don't, this oil is going to go throughipeline constructed and head towards cna, will go west of cells. and unload in vancouver. >> it makes no sense. adam: the likelihood this bill would be passed by the senate is almost nill. >> i think the pressure will be increasing. when you see people like max baucus who says the pressure is going to be so great that it is time to stepep out of the senate and not be beat up for standing in the way of these kind of bills, i think people will be sensitive, there is an election coming up a year from now and they have to do what is best for the american people and not

pander. adam: i guess what you're saying is we will for theeystone pipeline built in the approval for this you suspect is going to come before the end of the year? >> i would expect it would come before the end of the year. and i would also predict if it does not come by the end of the year that the new members of congress two years from now will then get it done. adam: congressman. thank you, sir, we appreciate u being here, the keystone xl pipeline is a big issue for so many people. members rallying in washington. thank you, sir. >> we welcome the president sending them away. we appreciate the president for that. adam: all the better, we wish you well. time for today's "fuel gauge report." futures spiking to a two-yea high.

coming far less than estimated last week according to the energy information administration. and the news helped crude rally about 2.5% selling at 91.43 per barrel. exxonmobil traders making money today. raising their estimates, closing up modestly following that news, shares up about 3.5%. 25 million barrels ofoil part in a territorial water according to a new report by ihs. 12 iranian supertankers are sitting offshore with nowhere to go due to dwindling number of international buyers. the revenue has plunged an estimated 50% since western led sanctions started last year. up next on "money," eye-popping new research shows how much the government spends on keeping marijuana illegal. should more states legalize

boatload of cash? plus, the justice department broke lance armstrong over the handlebars. speaking more than $100 million in damages from the disgraced cyclist. we will tell you all about it because "piles of money" is coming up. ♪

adam: the matter what time it is, "money" is aays on the move. shares of angie's list popping after hours. it wasn't as bad as expected. the outlook for the second quarter also topping estimates. would you change yr mind if he knew our government spends $20 billion per year to keept illegal? 20 states have legalized marijuana in some form or another, medical marijuana or recreational use. with all the nation's fscal problems and extreme cost measures like furloughs, maybe we can use some of that extra cash in a more productive way.3 joining us now is the man behind the stunning report, thank you for joining us, good to have you on "money." >> my pleasure. adam: you hear the advocates of

legalizing marijuana so they can contacted and raise revenue but isn't the biggest gain that we stop spending billions of dollars on the alleged war on drugs and use the money to a better purpose? >> they all go together. we're spending a lot of money on prosecutions, incarcerations for marijuana and there is no idence for reducing the use of marijuana so that seems like a really bad deal to spend a lot of money and get very little to show for it. but if you think of marijuana use come you're not changing it by spending all that much money. adam: as a local reporter, every other day we were covering the sheriff's department, burning the hall of marijuana they took out of the trunk, big tv for news, but the reality is according to statistics in 201-1750 arrests across united states just for marijuana, that is one arrest

every 42 seconds, this seems like a huge waste of our resources of police officers. it is anllegal substance, substance that se people, some scientists say is harmful. >> if you think it is seriously harmful, more harmful than other goods that are illegal now, and if you think it actually discourage the use, you can convince yourse you spend money to stop it. the claim that it is seriously harmful does not get backed up by medical evidence and the claim these arrests rede use doesn't seem to be backed up any evidence that we're doing all the expenditure and gettg nothing for it. am: there is a famous mem years ago but don't prosecute people in states where medical marijuana is legal. we're going to prosecute and they're going after people in californ.

this seems like a huge confusing waste of time. when do we get legalize marijuana in this country? we are certainly headed that way, are we not? >> it may not be right away. people very excited about the legalizationn colorado and washington, but those are only about state law. maintain a current policy, they interfere with the attempt to legalize marijuana in those states in those industries are likely to stay in the shadows for a significant degree, as we will not get the tax revenue. federal government will be wasting money going after users and producers, and it needs the federal government to change the policy. adam: let me ask you to two questions as we wrap up. where do you stop? the legalize heroin, amphetamines? this is the kind of argument you

will hear. my own view is all those you mentioned for similar reasons. it does not seem to be very effective, and so we would be much better off spending that money on other things whether it is on treatment, whether it is on information or just on rebates and the taxpayer, if we are not changing people's behaviors with all of that expenditure, it is a stupid waste of money. i hope my study gets people to think about the issue but also to think about the other issues of legalization, what about the personal liberty argument, why shouldhe government interfere with what individuals are doing even if it is harmful to themsees if they are not harming other people and most are not harming other people, it is not the government's business. adam: thank you for joining us on a discussion about this, it is a discussion that will heat

up over the next coming months and years. coming up on "money," lance's latest title, launching a $100 million battlegainst lance armstrong for becoming unjustly enriched. we have a couple of experts to weigh in on the cause. at the end of the day, it is l about "money." ♪

♪ adam: lance armstrong is back in the hot seat today, the disgraced lawsuit imac cyclist hit with another lawsuit, this time from the u.s. justice department joining the whistleblower lawsuit filed by armstrong's former teammate floyd landis. saying he defrauded his sponsor, u.s. postal service, and they want triple what armstrong was paid by the u.s. postal service, as we said all comes down to money. clearly there's a lot at stake. with me now, sports attorney and fox sports radio host from here in las vegas, are you not? >> i am.

adam: is the government right to go after armstrong? he lied and made a lot of money, should he give them back? >> i totally think lance armstrong is going to go broke by the end of tis. he knowingly took performance-enhancing drugs, cheated his partners, his advertisers, but this is not water under the bridge. all of a sudden the unit states postal service wants the money back even they are pumping millions of dollars into lance armstrong and his team when they clearly knew the speculation surrounding this athlete at the time. the government has lost in the past, so they want to win some money back. with a lance armstrong. i think they will get lance armstrong to settle and get back a lot of theoney he took because he took that neyunder fraudulent terms.

adam: i am curious, as an attorney, how doyou defend armstrong against th accusations because he stands to lose everything he has, doesn't he? >> absolutely. what it comes do to is the negotiations. as will have to be handled, wrapped up quickly and efficiently or else armstrong could potentially filed bankruptcy after this. this could turn into a disaster because as you have seen, this is not the only lawsuit he is dealin with. adam: could he hide his money? legally protect his assets from the people who make th? >> i am sure he has an estate plan where he could have trt set up offshore, but no fraudulent transfer like that where he is actually holding his money and put it underneath a mattress. say i have nothing.

you have a couple of things going on, a lawsuit against the company in a lawsuit against him personally. adam: is almost as if you think, and ifif i am putting words in your mouth, say i am wrong, but they should back off because they were complicit in his doping. >> they have a right to go after him. united states postal service this is an absolute joke. they should worry about running their business correctly. if you go into manhattan and ask anybody about united states postal service, not one person will connect it with lance armstrong. they will talk about the men and women who deliver the mail, why can't it be delivered on the weekends, how come they lose millions of dollars per day running this into the ground. there is no more connection with lance armstrong. they are embarrassed by this and the justice departments embarrassed because they continue to get beat by athletes including roger clemens in

washington, d.c. they believe they have lance armstrong on the and they actually do. adam: what are your listeners saying when they hear this? >> my listeners are disgusted with lan armstrong bause he knowingly lied and continue to lie and became a multimillionaire and they would% like to see him pay. eventually he will rebuild his brand and his name if he admits to this i guess the legal problem out of the way. adam: i come from an line of attorneys, i am not one. but even my parents will say everyone deserves good defense. lance armstrong deserves a good defense. he said he was sorry, that is not enough? >> he will basically say the amnt of money they receive in terms of exposure is more than enough than going after his

personal net worth. is it a strong argument? not really. it is an argument. this entire matter will be wrapped up and settled out of court. adam: we both appreciate both of you being here with us and alll3 the best to you on this wednesday afternoon. adam: up next on "money," what happens when y take the bikini contest of the hawaiian tropic brand. why thattcompany is scrapping their most sacred pastime. it'you can never have too much f "money" or bikini contest. we went out and ked people a simple question:

how old is the oldest person you've known? we gave people a sticker and had them show us. learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you mak sure you have the money you need to enjoy all of these yrs. ♪

>> it is time for a little fun with their change. we are joined by dennis kneale and susan, first cut you kw those old hawaiian tropic ads with the bikinis and women running around, they are saying goodbye to their bikini beauty pageant because and this is legit, they don't resonate with women. and women e the target audience. hawaiian tropic is looking for a new spokesperson and should be

shifting the product focused towards sun block. is this a shocker? got to let you have first gig at this. >> good for them. i ws very happy but my first thought when i read this story is at least they got a female chief marketing officer. i went on the web site and there vice president, north american marketing is the female. somebody looked at the data and said we need to read brand ourselves. dennis: you get the guy there anif i look like her, therefore -- adam: aren't women great at finding something beautiful about other women and they don't have a problem? >> women are hard on each other, we are our own worst enemies. adam: and angry sorority letter, women are tough on -- >> it is terrible. adam: ou understand advertising, is it a smart move? dennis: they decided it wasn't working. they were taking hawaiian tropic which is kind of lifestyle brand

and let's get out in the sun and surf and for sun screen to stop people having cancer,hy not get a cancer survivor as your spokesman, this is supposed to be a fun brand, bikini contests are fun. >> they're going into skin-care tight product and things like that. the new campaign to find a woman who is appropriate for the new brand, reinventing themsves and great marketing. adam: i know dennis like gwyneth paltrow. dennis: 6 schism will continue. connell: adam: se your e-mails to dennis, not to me. speaking of women bearing the body the new jersey scho is banning strapless dresses for eighth grade girls. eighth grade is thirteen years old. the principal says strapless dresses distract the boys but some parents are upset about it the ban saying it is not woman's responsibility to control a man's behavior. dennis: i have a daughter that

turns 13 in may. i don't wat her wearing a strapless dress. the mom who is upset about this ban on strapless dresses is taking it to the school board. the american education system is a disaster and this is what we are bringing up to the school about? >> look at the bigger picture. i have a step granddaughter who is going to her eighth grade formals this year and i went through this whole thing, the dress, shoes, hair and everything but the real thing is these are kids. whare they having an eighth grade -- adam: they talked about this, in a grade you have a dance, you didn't get a prom or formal until senior year of high school. end of discussion. >> we have our from in t high school gym. these kids, granddaughter in his dress didn't look like a 14-year-old any more. our kids are gwing up too fast. let's not push them. am: do you want the school to order what your step granddaughter's allowed to wear or do you and the parent to take

care of that? >> i think the school is going to put restrictions on that they do that in the workplace, you can do in school, there's nothing wrong with that. would be worried about the mother who is -- who wants to t her daughter go with her shoulders showing. adam: moving on, since city, las vegas, love las vegas, cashing in on your right to the airport. you don't need a cab in las vegas if you're going to be stripped of. and audit shows taxicab drivers take tourists on the scenic route to and from the airport, overcharging tourists likyours truly, nearly $15 million last year. i use a process? adam: dennis: you go to vegas to get fleeced and they are far worse at kennedy airport and new york and the worst in the world. gas is a bunch of -- >> it is not just vegas. happened in new york too. i only live here part-time so when i fly and i have a southern

accent and i get in a taxi and if they can, my apartment on 56 and broadway, if they can they will take me to the midtown tunnel. i will tell them where i want them to go. adam: would be to caddy in new york? dennis: 20. adam: moving on to a downer, donald trump fleeced this anti windfarm add, now britain's standard advertising agency insists that it be pull saying the ad is mleading and can't be subantiated what do you think? >> sticking to an obnoxious american and i'm standing up for the donald. >> really? he needs to get his ducks in a row. just doesn't want to ruin the view of his golf resort. dennis: investors' mon, has every right to worry about that. >> they have every right to would build a wind farm. adam: they killed birds.

dennis: and that hair do. >> so much hair spray on it, not going anywhere. adam: thank you, thank y for joining us. that is all the money we have >> the following is a paid advertisement from star vista entertnment and time life. >> ♪ you're the meaning in my life ♪ ♪ you're the inspiration >> ♪ that's how much i feel >> ♪ feel for you, baby >> ♪ how much i feel >> ♪ well, i need your touch >> intimate moments, cherished memories, unforgettable romances, the language of love can spoken in many ways. and nothing ignites your emotions like the power of love. >> ♪ i'll always love you ♪ for the rest of my da >> ♪ a one in a million