you have to ibm climbing into the green. biggest gainer on the dow. david, propelling the dow jones industrials what appears pierce to be a record? david: 15,676 was the previous record. looks like we're above it four points on the dow. another record high for the s&p, it is happening all over the place. liz: the bells are ringing on wall street. as we see not only did the dow finish up but every major index moving higher and record breaking when it comes to the s&p. transports, it has been a broad based rally with the nasdaq and russell no slouches themselves. david: let's look at today's front page headlines of the starting with jpmorgan's stock t dropped this afternoon on news the bank's $13 billion tentative deal with the department of justice could be at risk of collapse. our own charlie gasparino reporting here in the past hour that jpm is worried about, quote, unquantifiable legal liabilities. >> did you see blackberry shares?

they did jump after "the wall street journal" reported that the embattled tech company met with facebook. facebook is rumored to make some kind of a phone. facebook and blackberry discussing a possible bid for the phone-maker, cohn conn took a hit this -- consumer confidence took a hit even if, lowest level in six months according to the conference board. confidence was dented by the budget and debt ceiling showdown. liz: the latest case-shiller index on home prices showing stronger than expected gain of 9% in the month of august. annual gain of 12.8% was the largest in more than seven years. david: the commerce department saying retail sales fell by .1% in september. excluding automobile sales, actually rose by .4%. economists say it shows consumers were still spending before that partial government shutdown. liz: federal reserve chairman ben bernanke and other policymakers are closely examining all that economic data that has been out there for the past week or two in their two-day policy meeting which

began today. the fed is not expected to start tapering its bond buying program at this meeting. they will announce the choices tomorrow. "after the bell" though, starts right now. liz: we begin with breaking news on sac capital. the embattled hedge fund that has been in the cross-hairs of just about every regulator. the news is, dade, they are expected to plead guilty to securities fraud as part of insider trading settlement. this according to "the wall street journal" the deal is expected sometime next week. the criminal indictment of hedge fund firm, sac would pay 1.2 billion, plead guilty to fraud and agree to stop managing outside tall. hedge fund leader, stevie cohen would turn to managing family or personal money. david: there is no name listed there other than the company itself. it was a strange kind of indictment where you indict a company as a whole. only done a couple times before.

that is what made the case so unusual. some people said the government's case was harder to make which may be why there is a settlement expected. liz: we'll be watching. he only has, hard to quantify, 11 to 13 billion in his fund. david: talk about the money you have in your fund. talk about the record high on the dow. time to break down today's market action. rdm financial group ceo says it's a stock-picker's market right now. he has four stock plays for you the investor. alan knuckman from the pits of the cms. alan, the if you had has begun to meet. we won't hear a decision till tomorrow but if they didn't taper the last time they met when the whole market was expecting them to taper, they will not taper tomorrow, are they. >> they had this discussion and it is not even an argument this time. so we're not going there. at this point you have to focus what the market is telling us. there is no time, this is not the time not toking bullish. you have to be much more

selective because we've already had a 7% rally here in the last couple weeks but there is 3% more upside to the s&p to get to 1820 which is a technical target. liz: 1820, folks, put that down in your notebooks. alan, you're absolutely right, without anything political or going on in hot regions of the world it looks like there are clear skies ahead but doesn't that get people into a dangerous position where they get too bullish and don't have hedges in their portfolio? >> right this is the hardest time to trade and find new positions. you have to being extra selective and extra good money management. things change very quickly and easy money has been made. david: ron, we give credit to lot of traders like you. they made money for their clients and happy about that. give credit to the managers of the company, should we for a moment say how incredible it is that profits have continued to rise with a sluggish, some say, dormant economy? how do they do it? >> you're exactly right.

the american manager has been doing an incredible job i think. what they have done, they have tone taken a slow-growth economy they have have cut expense expenses and used technology and haven't committed to long-term capital expense. done things in a period of uncertainty to make money for their shareholders. they have so much cash on their books. all they're doing is buying back stocks and increase dividends. i will take that every day. liz: when you get the earnings, by the way we should let you know as we work on dreamworks animation numbers and electronic arts, dreamworks stock is falling in the after-market session, ea is kind of straddling the line at the moment, but this earnings, season, ron, you tell us if we're wrong, hasn't been that bad. >> no, it hasn't been that bad but it hasn't been that good. there were lower expectation that is have been met. be careful what the expectations were and they have all been lowered and they're being lowered more and expectations now are guiding downward. i wouldn't expect a great deal out of this market going

forward. as alan said, we had a big run. we had a big run all year. if we squeeze another 5% or so out of the market i think it would be good. there is no other place to go. stocks are fairly valued, not overvalued you could pick your shots like technology and other places you could find really good bargains or reasonably good bargains. david: ron, i will go to earnings here. we have electronic arts out. we also have dreamworks out. dreamworks is down but electronic arts is holding its own. what are the details here? >> want to give you a big beat here, david. electronic arts the adjusted earnings per share is 33 cents. the street was expecting 12 cents. the revenue is a real by big beat. 1.04 billion. the street was expecting 976 million. so electronic arts doing very well here. we're going through the report now but i want to read a quick quote. we made good progress the first half of the year we remain focused executing our plans and deliver a whole slate of amazing

gains and services to players on next generation consoles, mobile and pc we'll get you guidance for the next quarter. if i read this correctly they're really upping guidance in the next quarter to 1.6 billion as we go into the holiday shopping season. liz: that stock is up 106% over just the past year. linkedin is also out. as we work through those numbers we should tell you both the bid and the ask are 5 to $7 lower than what the stock closed at was 247.14. david, linked in as been an incredibly successful stock. david: some would say too successful. in fact we have an analyst who has a price target for linkedin which is just about half what it is trading for, linkedin. let me go to alan, to get your comments particularly on linkedin. one thing you say is admirable, handled its ipo. handled that picture-perfect, didn't isn't. >> they couldn't have done any

better. compare that to facebook. that is the textbook case. if twitter is watching they want to be like linkedin when it cops to the ipo. it went smooth and stock is trading nicely. they have been trading between 220 and 260. breakout of 2 off send it to 300 rather quickly. this 240 is on a weekly basis but the model is right. liz: the fact that they made money which twitter hasn't got enthere too. adam shapiro, why is the stock falling? >> i'm trying to go through the report. as you said 39 cents a share, that is a beat. so is 392 million when the street was expecting 382 million. the street was expecting 32 cents. i'm trying to find number of mobile subscriptions. i have to get back into the report to do that. david: premium subscription, 79.8 million. those are the premium subscriptions. this is up 61%. expectations were so high,

perhaps they have gone too high. again we have an analyst coming up that says the stock is way overvalued. liz: quick mention their membership surpassed 259 million as growth increased into 3% year-over-year. i think -- 38% year-over-year. ad tam is right, adam you got the answer. >> fourth quarter guidance, revenue expected to range between 415 million, to 420 million that would be less than what the street was expecting for fourth quarter expectations which was 438 million. david: guidance hurt apple. apparently guidance what hertlinged inn as well. ron weiner, i want to go back to you for a second to talk about financials. big in the news is jpmorgan. a lot of people wonder whether jpmorgan will survive all of the scrutiny, all the fines government is imposing on it. you picked jpmorgan. stick with the stock, it will survive and will thrive. don't you think it is hurt big-time by all these fines? >> you know what? you're supposed to buy when there is blood in the streets.

david: that's true. >> there is some real blood in the streets here. but it hasn't hurt the company's operations. it hasn't hurt their,. they're also benefiting from a strong economy so loan-loss reserves are better. their loans are up 7, 9% last quarter. they're a strong company. they have 23 billion in reserves to pay for the government issues. i think it's a shame what is happening to them. it is not a fair thing because they just bought these companies when the government asked but nonetheless they're doing just fine. this is the time to buy the stock, not sell it. liz: he knows. he has a lot of money and assets under management made some good calls. ron weiner, thanks to you. david: great to have you. alan knuckman we'll be back to you in a few minutes when the s&p futures close. thanks, gentleman. liz: is it time for investors link up with linkedin? the stock is falling but not by a huge amount but is this your chance to get in at a lower price? we'll break down the brand new earnings report which had less than exciting guidance for the current quarter.

we have an analyst who believes the stock is way overvalued here. david: blistering criticism on capitol hill on the bungled rollout of obamacare, did lawmakers get any answers, firm answers? did the situation improve? we'll go live to the hill to find out. liz: on our facebook question we want to know which company could best solve the health exchange website mess? is it a, google, b, cisco, c, gethub, open source littler company but a code company and very smart over there, or d, none of the above. log on to facebook.com/afterthebell. the question is there. let us know what you think. ♪ [ male announcer ] what if a small company

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gdx would be the best payoff in gold does increase. liz: alan, thank you. it has been a crazy day there in the pits with a bunch of records. >> closing on the highs. >> can we not ignore, david, the russell 2000 hitting yet another record high. david: we love the russell. small and mid-caps doing quite well. liz: al lang thank you. >> thanks, guys. liz: shares of linkedin report just out moments ago. nicole petallides on the floor of the new york stock exchange looking at this one. >> i certainly am. look at linked in. the numbers are coming in. looks like it is trading higher. subscriptions look great. look to earnings per share and revenues. earnings per share coming in at 39 cents, beating analyst estimates at 32 cents. beating analyst estimates of 384.4 million. that is also a beat as well. the bid/ask seems to whoever

around the closing value. one thing in question is the fourth quarter view going forward. and so that may be below the analyst estimates as i'm delving into these numbers. talk about subscriptions. member subscriptions you know that passed 259 million members in the latest quarter? how about the premium subscriptions? those are even better. up 61%. so that's great news there for linkedin as well. we'll continue to follow the story but you could see here closed at 24. the bid ask is 245, 246. looks like that view is hurting them a little bit. back to you. david: but it is recovering. liz: nicole, thanks. let's break this down. this has been incredibly successful stock this past year. we have "morningstar" senior equity analyst and our own adam shapiro is still with us. rick, to the point right away is it just the guidance that has the market spooked in the after-hours session? >> yeah, i think so. this has been a company that has

consistently beat the bar and raised the bar and i think we're starting to see a little bit of, can't continue to do this and sustain this and continue to surprise us i guess. david: rick, your price target is about half of what this stock is trading at right now after-hours why? why is your price target so low? >> i think there are a few things going into this stock from our perspective. i think one, it has a social networking halo around it and around that there is a feeling among some this is sort after 35, 40% operating margin stock. we think by and large this is enterprise sale, where enterprise sale people are calling on companies, to deploy equipment solutions. we think it's a much lower operating margin story. i think second, look at the advertising story. we don't think this is this advertising juggernaut they have continued to be. they surprised us the ability to monetize you and i views on linkedin, but this is not facebook type platform or google

type platform where there is this big display platform. 18 times sales this is, 18 times 2013 sales on our estimates right now, that is a bit ridiculous from our perspective. liz: you're saying it's rich, too rich at the moment. what does it need to get down to before you would say, now get into linkedin? >> i think we'll still have a take a cut here based on the most recent numbers. i think they're right in line with our q3 and a little bit light for our q4 but it's really more of our long-term view. we still think that it really has to fall almost to about half where we really start to get very interested in this. this is quite interesting. we think it is one of the widest companies on our coverage list but theirable to actually grow is the challenge. david: well, rick, let me just throw out a number at you which is a big numbers 23million. that is how many users they have out there. but how many of those users actually go to the site? >> so i think that's the

question. is this a traffic model? i think it is interesting that premium subscriptions continue to grow because in those premium subscriptions not just people looking for jobs but people looking for sales leads. sales force has a very similar business what used to be data net.com. they're starting to monetize me and you as users by having other people try to contact us and direct sell to us. there is this risk that there is some backlash in our ability to continue to go out and expose herour shelves to people selling to us. liz: adam, you want to get in. >> i'm curious if risk could answer this. are investors misreading some of talent solutions numbers as a slowdown? you have in talent solutions which is 57% of their revenue in the quarter, it grew from the previous quarter at a slower pace at 62% that was up year-over-year but from quarter to quarter it was down. so are investors looking okay, they're not making as much money from their core business which is job recruitment? >> they should but i think we

believe baked into the story is actually it has to move beyond this job recruitment. if this is only job recruitment and advertising we think we're close to where the stock needs to be which is trading half of where it is. if you believe they can launch new businesses and be successful in new businesses you can have a bit more stronger investment thesis. slow down in the core should absolutely happen of. the question is where will new growth come from? we're a lot more skeptical they can introduce themself in new competitive grants. liz: what about competitive markets where emerging markets where linkedin is best in class here at the moment in the u.s. >> i think absolutely but we look at international, on a per user basis, revenues per user will be a lot lighter and less-developed countries. i would say what is more interesting they continue to go into adjacent markets to do recruiting. look at things like onboarding how they manage the candidate through the hire, recruit process through the hire

process? then they start to compete against existing players like sap, like a workday, sales forbes.com playing in these adjacent markets. we still think linkedin's power is the tool, data on professional user not the recruitment platform. liz: rare stumble, david in that guidance. david: although, rick summers price target of one half of what the stock is trading at now might turn off some investors. fireworks on capitol hill today as a government official who oversees the botched obamacare website faces a barrage of criticism. we'll look what investors have to know about the future of the affordable care act. liz: and it's not just about pro basketball. at one of the nation's leading nba franchise, how about cricket as well? is cricket the secret to playoff success for the sacramento kings? will the brand new owner took

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liz: the head of the agency responsible for overseeing the troubled healthcare.gov site, marilyn tavenner, apologized for the botch rollout today but received scathing criticism from lawmakers. david: rich edison from capitol hill. rich. >> law make remembers looking for a number here. how many people could successfully enroll in the president's health care law once the exchanges went live october 1st. a number the administration

refuses to give. they say they will provide a number middle of next month. this broke down to partisan fight. democrats supporting the president's health care law, republicans looking at it and number of become cats say looking back to the term of george w. bush, when congress expanded prescription drug plan, many voted against it and they were supportive once it enacted in law. and republicans when it comes to obamacare should be doing the same. >> we went back to our districts, and we told our seniors, although we voted no, we're, we personally believe and will work with the bush administration to make it work. that is what we did. and how many of you stood up to do that? none, zero. zero. let's talk. let's not water the wine here. say it like it is. >> republicans say the difference here, not everybody was mandated to actually get that prescription drug benefit t was only tailored to a certain part of population and they say

that the health care law designed by president and democrats is nor hurtful to the economy than just the prescription drug plan. this isn't when it comes to obamacare in congress. tomorrow another hearing. this one with the health and human services secretary kathleen sebelius. about the rollout of the website, something that the contractors, independent contractors came up and testified about last week. she wasn't there for that one. she will be there tomorrow. back to you. >> rich, what do republicans want done? i mean obviously they want to repeal obamacare but short of that, what do they have as a plan to get us out of this mess with the bad website? >> it's oversight, shineing a light on it. anytime you have an opposition party controlling hearings that you do in congress, opposed to the administration, you're going to get hearings like this. any type of problems with the rollout that they have had with the health insurance program and website, republicans will be there to shine a light on it. liz: rich thank you very much. david: rich edson inside the capitol.

well could facebook become the next my space? one market research firm said it could happen, in fact it is happening if the social network doesn't shape up soon. we'll talk to the researcher behind a blockbuster report that was just issued later on. liz: the fox business exclusive. the nba season tipping off tonight. sacramento kings new owner is also the ceo of tibco software talks about his bold plan to add some 600 million viewers globally as an audience to the kings viewership? we'll see how he does it. here at fidelity, we give you the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago

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so, what do you say? thanks... but i think i got this. ♪ [ male announcer ] the all-new cla. set your soul free. david: time for a look at today's market drivers, s&p, russell 2000 and the dow transports all closed at new record highs. all 10 s&p sectors finished higher led by telecom and consumer staples. u.s. home prices rose at a slower pace in august but despite the low slowing month to month growth s&p/case-shiller index is up 12.8% year-over-year. this is the largest annual increase since february 2006. consumer confidence plunged in october to the lowest level in six months, falling nine points to 71.2. the government shutdown and debt debate in washington weighed heavily on this month's report. liz? liz: david, i've got a question for you.

can davids beat goliaths? well we know from that story it actually can be done but in the hyper word, the hypercompetitive nba, it is awfully tough, nearly impossible perhaps. no? not so. the tonight the season begins and one of those davids, the sacramento kings, are gearing up for their opening game which happens to be tomorrow against the denver nuggets. get this, the kings, in an effort to become global, even as they haven't made the playoffs in seven seasons will televise their opening game live in india of all places, in part to push the goal to build a global brand. joining news a fox business exclusive. vivek ceo of tibco software, and chris mullin, sacramento kings advisor to the chairman. he is also a hall-of-famer. welcome to you both. you took over from the ma leaves who owned the thing for a long time. i used to talk to them when i was cnbc.

they couldn't win back then so there is no place to go but up. but vivek, you guys are clear davids and many other teams are goliaths here. >> it will be a process, liz. i do it in business. we have a little company, tibco and we take on big goliaths like ibm and oracle and beat them every day. it's a process. got guys like chris mullin on my team, shaq, we'll get there but it will take a few years. liz: chris, let me get your sharp eyed assessment of the team going into the season? do you have the right play officers can you do this. >> like vivek said, this is a process. key ingredients, on the defensive end coach mike malone accountability. defensively we struggled and we're much improved.

offensively, unselfish. we'll louis analytics and statistical data a lot with sacramento kings. assists are key. mike malone has made great strides. we're encouraged only preseason, tomorrow kicks off for real. >> liz, letting l.a. teams, kind enough to let us win in the preseason so thank you for that. liz: okay. for the moment i'm a knicks fan but maybe you might win me over. lakers have too many fans. tough be original here. listen, vivek, it goes to the hard of what you do. chris mentioned that you're using data analytics which is exactly what your whole amazing career came from mumbai, bombay, many, many years ago. you were 15 years old with a couple of bucks. $50 in your pocket saying i'm going to mit. how do you use analytics to help a basketball team which is basically blood, sweat and tears win? >> liz, to me basketball is just

a big data problem both on the court and the business side. whether helping sell tickets and merchandise and knowing who to sell what to at what point in time or it's the game itself, what combination of players produce the best results, where you shoot from, how you got the other team. so we're not giving you our secret sauce but dr. mullin here is hard at work. he is using the same software that we use to find cures for cancer, to find cures for how we guard some of the beasts out there. liz: i'm watching closely. one of the things that has always been said, if you fill the stand, and you get people cheering for the team, the wins begin to come and they begin to follow. not only will you fill the stand in sacramento, but now you're going global by broadcasting the team's games in india. they're cricket fans, are they not, vivek? how will you get 600 million viewers of cricket to turn around and say, man, do i love to hear the swish? >> liz, our goal is not to

surpass cricket as the national pastime in india but we think we can be a very strong number two. and so it's, again a process. we're broadcasting the game live in india. we have clinics we'll conduct in india. we'll take our team there in the off-season. tomorrow night when we broadcast the game, companies like ma hundred doctor and are showing it at their companies. thousands of people in the countries will watch it. millions watch it in india. i'm having it broadcast to my high school in bombay. so i see it becoming in the next five years the second most popular sport in india. liz: taking it to bollywood. i understand, chris, you will actually play cricket with shaquille o'neil and vivek and a couple other players as well. have you been practiceing? >> not much practice. but, liz, if the teams of vivek and shaquille o'neil who are the two owners, versus me an roger craig, i can guaranty vivek and

shaq will come out on top. liz: we can only watch. i have to ask you quickly, vivek, are you going to have a new arena by 2015? that will cost a lot of money? do you have the funds? >> yeah, we have the funds. we're moving very rapidly. we're on target right now. it will be a 21st century coliseum. it will be the most iconic arena on the planet. most technologically advanced, liz. when you walk into the arena the arena will check into you. will be cashless, ticketless, 100% green. when you fly over head you will look down and say there's a kings game going on. we're excited about the new arena. liz: takeing a little vegas to sacramento. they need it. listen, i want our viewers to know something. i will give our viewers a gift. we'll put up a link to new yorker article, written by malcolm gladwell about you. it was written several years ago and how you put data and ideas helping your little daughter's basketball team win when you knew nothing about basketball.

we'll put it up on the website. how david beat goliath, it was in the new yorker several years ago. everybody should read it. good to have you both. vivek, chris mullin, okay, i'll say it, go sacramento kings. >> say it with more passion. go kings! liz: go kings, means the l.a. hockey time. listen, go sacramento. we love the underdog here at fox business. good luck to you guys. >> thanks, liz. >> thanks, liz. liz: david. david: didn't give you the see cut sauce. tom sullivan by the way is a huge kings fan. liz: okay. david: is facebook a marketing flop? we look at a blockbuster report out today saying facebook is failing to satisfy its advertisers. we talk to the author of that report right after the break. also, it is only three weeks into the fall tv season, already shows are getting the axe. we'll look at some winners, some of the losers, later in this hour. stay tuned. you make a great team.

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david: a bombshell report on facebook today as the company scrambling to calm its marketing clients. a report by forrester research suggesting that facebook is failing to deliver on its promise to marketers. it urges companies not to use the site for marketing until it improves. joining us the author of that report, nate elliot, forrester vice president and principal research analyst. >> thanks. david: have you heard anything from facebook? >> we heard from them last few months as we researched the report and last week as we prepared to release it. they're not big fans research. david: that is putting it mildly, nate. they called your report illogical and irresponsible. >> they have. we stand by the research. listen, their claim they have a lot of satisfied marketers. reality there are plenty of companies that are happy with

what is happening on facebook because a million companies are advertising. we found too many million companies are not happy and not performing. david: let's be specific. here is little piece of your report that sums up the problems you see with facebook. you say that facebook creates less business value than any other digital marketing opportunity. that is a slam of facebook. >> well, if it is it comes directly from their own marketing clients. large marketers said it wasn't performing up to their expectations. david: in fact you quantify it. first of all, run us through what happens. if i'm on facebook and see one of these marketers there and i click on it what happens? what does facebook do once they get a like click? >> well, marketers hope and most consumers actually hope when they i click the like button on a brand's facebook page they will receive messages from the brands. david: do they? >> 84% of the time they don't. facebook instead asks marketers for advertising spend to reach the consumers who already said

they would like to hear from marketers. david: let me get this clarified. 84% of the people who click the like button are then not transferred from facebook to the marketer? >> none are ever transferred from facebook to the marketer. facebook is spoused to serve as conduit to help the marketer's messages to get to users. facebook admits 84% time they're not delivering brand messages to people who click on the like button. >> had youhow does it compare to the other social networking sites. >> hard to say on other social networkings sites. why marketers rate email highly, when someone signs up for a mail list, pretty much guaranties the messages you sent will be delivered. david: not all marketers, we'll talk about how they express their unhappiness. one was unhappy with you, one marketing director said it is extreme, quoting this letter, it is extreme if not dishonest to say that facebook is failing marketers. how do you respond. >> well, again we stand by our research. we've no doubt that there are some marketers who are happy

with facebook but reality majority of marketers we talked are finding too little value. data we collect. conversations we have with marketers tell us it is not performing as well as other digital marketers. david: they're still raking in revenues from these marketers? >> they are. that is facebook's argument. how could we do this wrong if we're collecting billions of dollars. >> what is the answer? >> marketer satisfaction is more likely lead indicator of ad spending than trailing indicator. if i was facebook relative unhappiness of marketers spending that. david: we talked about one marketer unhappy with your report. what about marketers who are unhappy with what facebook is doing. are they in the majority? >> 51% of the marketers say they're unhappy with facebook. 49% are not saying they're happy with facebook. again on average, marketers rate facebook below every other opportunity we survey them. marketers questioning how much of the budget should go to the

site. we don't think they stop spending on facebook. that would be madness, with 1.5 billion people using the site. we think facebook will claim a smaller share, a budget from largest marketers. david: has any marketers come to you and said at least privately, bravo, we're happy with your report? >> getting a lot more private congratulations than public ones. david: why is that? are folks afraid of facebook, afraid of the blowback from facebook. >> i'm not sure they're afraid of facebook. a lost marketers are a little bit embarrassed they are not able to have facebook work for them. they don't want peers and competitors to know that either. david: what happens now? clearly they have just slammed your report. they're not going to take advice from your report. so what happens? are they, are they going to change their ways at all? >> i at least hope they start to edge in the right direction. first step for me is to start using social affinity data more wisely. they know so much more about people and preferences.

only 15% of the ads run on facebook use any social affinity data to target ads appropriately. david: by the way, know a lot about you, nate? are you afraid at all? >> i'm sure -- david: taken on, david and goliaths. you've taken on a goliath here? >> perhaps i have. this is something marketers say to us and this is something we thought market at large needed to know. david: facebook is down today. it is reporting after-hours tomorrow. it will be in the spotlight. do you think there will be any affect on the stock as a result of your report? >> we don't make calls at forrester. all we pay attention to whether or not they're making marketer happy and we think they have a lot to work to do. david: nate, from force rest sister. congratulations on the report. >> thank you, david. david: liz? liz: nbc pushes "ironside" into "the dead zone." latest sign of cancellations in the tv season. dennis kneale has the television

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david: just three weeks into the new tv season broadcast networks already are deciding which new shows will live and which ones will die. liz: dennis kneale is here with the casualty list so far, right? there could be more, dennis? >> yes there sure will, liz. it is time for the killing fields at the big broadcast networks. harder than ever to build a successful network show, largely because of quirky huge hits on cable such as walking dead and "breaking bad" and this show, duck dynasty on a&e. that reality version of the the beverly hill bill is drew 12 million viewers for season premier. new broadcast shows would kill to get numbers like that. instead the networks are killing new shows for failing to get numbers like that. comcast nbc yesterday yanking two new shows in the fall lineup. remake of the old "ironside" and zit come, "welcome to the family." unwelcome rip off of

abc winner, modern family. this follows the first two new shows, abc's "lucksy seven" and cbs's underrated, "we are men" axed after two airings. variety says the next casualties could include cbs drama, hostages, nbc a sean saves the world and abc betrayal and new sit come "the neighbors." david? david: i love it when ripoffs get axed. dennis, big news on am sown's homepage today. what is that. >> amazon announced a new program to add a cheap online version to a print book you bought from amazon years ago. it is kindle matchbook, leds you add the e-book version free of charge or three bucks or less. amazon will make kindle matchbook available on new book purchases. buy "pulp fiction", get bits on the cheap. they rely on new format for

revenue boost like they take old format to the newer system like vinyl albums to cds and videotape movies to cds. amazon seems to make the cost of upgrade to digital way cheap. back to you guys. david: i just got rid of my vinyl albums. jimi hendrix. guy in the corner who sells them. i gave them to him. >> vinyl came back in, dave. you are going against the grain. david: that is all right. he deserves it. he is veteran. i like giving him things. liz: all about timing. thanks, dep necessary. how many twinkies could do you think you could eat in six minutes? numbers devoured by the winner of inaugural world twinkie-eating championship. david: i didn't know there was one. it will shock you david, when we go "off the desk." ♪ [ female announcer ] who are we?

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see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, treatment options and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare. once wrote something on a sheet of paper and placed it in his factory for all to see. ♪ four simple words where the meaning has never been lost.

the challenge always accepted. and the calling forever awered. ♪ introducing the all-new 2014 s-class. mercedes-benz. the best or nothing. melissa: let's go off the desk. the world twinkie-eating championship. this is so lovely, took place this past weekend in mississippi and joey chestnut, that is his name, won by wolfing down, ready, 121 twinkies in just six minutes. 10 whole twinkies ahead of second place finisher. this is however not chestnut's first title. the eating competition veteran set another world record in july. 69 hotdogs at nathan's hot dog eating in new york. if the name joey chestnut is

familiar -- david: i give him six months of life. he may have set the world record, look at this, largest wave ever surf, rode estimated 100-foot wave off the portugal. the surf was generated by huge storm. same weather system that battered europe overnight killing 11 people. liz: scarce me. david: wow. liz: we asked you on twitter and facebook which company, privately traded could solve the health care website mess? google, cisco, gibb bub, none of the above? david on facebook, said only a demolition company could fix it. david: i see. herb was a little more positive. on facebook he told us cisco. the company is competent, tried and true. liz: did the london olympics no problems. number one thing to watch will be the federal reserve policy statement set to be released two p.m. eastern. fox business will have it. investors will listen closely on any hints whether and when the fed plans to begin scaling back.

david: we'll cover that live. in addition to being here. "money" with melissa francis is next. we hope to he sue tomorrow. liz: have a great night. >> read my lips, read my lips, no new taxes. melissa: that cost bush 41 big-time. now president obama is having a read my lips moment of his own. what is it going to cost him? this is why money matters. is >> no matter how we reform health care we will keep this promise. to the american people. if you like your doctor, you will be able to keep your doctor, period. [applause] if you like your health care plan, you will be able to keep your health care