Skip to main content

tv   After the Bell  FOX Business  November 11, 2013 4:00pm-5:01pm EST

4:00 pm
33% this year. david: as we mentioned before jcpenney has been doing incredible things as well. [closing bell ringing] it is the individual stocks you have to look for. they're the ones making news today. liz: indeed. as these bells clang on wall street, very thin trading on this holiday. we have the bond market closed. as you see markets continue just like, as these numbers settle, watch it. 1771. what is it, mark, .95. we're looking at .95. just slightly below that for the s&p 500. the nasdaq sees a gain of just fraction of a%. >> even with the slim trading nice to see all green numbers there. let es give you a look through your front page headlines. best buy jumping after positive comments from wall street. ubs upgrading the stock to buy from neutral on expectations that the electronics retailer will boost its earnings. liz: exxon made huge news -- amazon. they plan to deliver packages on
4:01 pm
sundays in new york and l.a., move there if you want christmas packages on sundays. starting later this month they will dd it with the help of the u.s. postal service. the program will expand to other big cities next year. david: maybe the private sector will teach the public sector something on this one. shire agreed to buy viropharma for $1.2 billion. shire is doubling down on the bet on drugs that treat rare diseases. liz: there is report that apple may be planning to push back plans for the much rumored high def television to 2015 because of deis lace getting content deals according to npd display search. david: a company swung to the profit of third quarter, compared with a loss year ago, but third quarter revenue did fall. liz: on this veterans day, u.s. marines are in the philippines to help others as usual, right?
4:02 pm
to help relief efforts after a massive typhoon killed as many as 10,000 people. one of the most powerful storms ever recorded. thousands of people are still missing. "after the bell" starts right now. david: well let's get right to it. a record on the dow today. let's look at today's market action, jason rodman. he will tell us how much higher he thinks the s&p will! on the rest of the year. lincoln ellis, from green pit capital in the pits of cme. i know it was a holiday today and there wasn't any bond trading but in addition it appears the market is on pause as we hear from janet yellen on thursday, am i right? >> that is absolutely right. three, 10, 30-year auctions will be affected by testimony that goes on thursday. the distinction between the dual mandate, that is what investors
4:03 pm
will be watching. where does janet yellen come down on the employment piece, lower the targets from six 1/2 to six and how will she deal with the inflation piece? does she see inflation in the economy and if so what type and is it a healthy thing for the economy going into 2014 a little bit downtrodden today. it will heat up by the indof the week. liz: again, when we look at the price action today, still mostly to the upside. as i look at the s&p 500, we are just tiny fractions, i don't know, looking at, .88. really just, .7, unbelievable we didn't hit the record today. real record 77 -- 1771.95. didn't quite make it. jason you're looking ahead. s&p 500, 1100 by the end of the we're not too far from that. but what suddenly keeps us from spooking the herd to think maybe we've seen too long a rally here? >> hey, liz. i like to quickly interject i'm
4:04 pm
of the camp that the yellen thursday speech will be a non-event. i don't think yellen has any motivation to rock the boat, talk the market up, try to bring it down. we need the data. need the non-farm payrolls data. need inflation data. yellen will not have a impact on thursday, hat is number one. number two, if we continue to get these incredible upside surprises with positive revisions of previous two months jobs over the next few months, keep in mind we do have two fed meetings, one in december, one in january, if we start to hit grand slams every month on the jobs number we could see a bigger taper than the market expects. at this point that is the only major thing in the foreseeable future that could hit the market down. david: nobody hit as grand slam every time they're at bat, let's start with that. however, i want to give you one thing. as the economy is not growing as much as it should and as much as it could, it is with standing so much. withstood the ski questionster,
4:05 pm
no problem. withstood the shutdown and president obama and bunch people said we would tank the jobs. this economy even though a slow growth economy, it withstands a lot, doesn't it, jason? >> that's why, when you're seeing david, brings to mind, warren buffett's premise this is the best system in the world. it is the best system in the world. that is why he invests his billions of dollars in this system, versus buying a whole football stadium of gold bars. david: right. >> i think his up investment thesis speaks to what you're saying. yes, even with all this craziness that is happening, we are very resilient and i think we'll keep going higher. liz: lincoln, i coin agree more with what jason said. however you keep the foot pressed to the pedal for that long, either you run out of gas and the engine rings and races. is there a way where you see the smarter money flows, the, cme going somewhere new? mark luschini of january any in the last half hour was talking about, getting more into the eye
4:06 pm
merging parts of europe? is that the next opportunity? are you seeing any interesting money flows anywhere? doesn't have to be europe. >> you know, liz i wish i could say the market in fact was as mature and david and your oath guest think, but it doesn't seem to be that way. you notice over the summer when rates began to rise, you got more implied volatility began to creep into the market. if we continue to hit 2.8 and 200,000 on the jobs and gdp respectively, you are actually going to see the expectations of the market begin to pile in that taper and you will see a flat s&p 500 for a very long period of time while earnings begin to catch up with the risk premiums that begin to get placed back into the market. in terms of other places investors will be looking they're looking for organic growth. maybe europe take as man tell from the u.s. next year. maybe emerging market economies. david: to that point, to that point, lincoln, jason has one country ii particular i've been looking at closely as well, i
4:07 pm
used to go there a lot, argentina we have the former finance minister from argentina on quite a bit, jason. they really hit rock bottom. they're about to go into a new administration. you think now is the time to get in, right? >> i do. granded obviously the argentinian stock market had quite a good run since the summer but at the same time i think we're still in the second inning. i think we have a long way to go. this will obviously not be an overnight play. more of a multiyear play. because the current president still has a couple years in power. she is done after 2015. i think the market is pricing in a much more market-friendly president in 2015. we're starting to see big argentinian companies skyrocket basically. liz: jason, do you like anything in the u.s.? >> in the u.s.? well i do, actually. granted u.s. stocks have had a very good run this year but there is one type of stock that i really like. the closed end management companies, typically those companies, pay tremendous
4:08 pm
dividend and you get a chance for growth too. there is one ticker hgtc i love the name, hercules technology growth capital. they have a 7% plus dividend and they're up 30 to 40% this year, and, technology companies can typically do better in rising rate environments. so i think htgc has a lot going for it. david: okay. lincoln, even though i am bullish about the capacity of the u.s. economy i agree with you it is not doing anywhere near what it should be doing rice now and there is one cautionary note, rates. interest rates we didn't get an idea because the bond market was closed but if interest rates rise enough they really begin to @ut into profits, it really inhibits growth even more than growth is already been inhibited what happens then? do we go into recession? >> i don't think we go into recession but you will see a reduction of forward expectations both in terms of gdp and in terms of hiring. that has, sort of negative, that
4:09 pm
unvirtuous circle effect of actually bringing the whole economy down. in fact, i think we probably will have some of that effect baked into the economic outlook into 2014, particularly in the second half of that year just as we begin to readjust risk premiums and try to understand how healthy the economy actually is without all this stimulus some first you take away the bond purchases and then you deal with the interest rates on the second half -- david: by the way, how much, at the end of the year how much do you think the 10-year rate will be? >> at the end of 2013 or end of 2014? david: at the end of 2013. >> 2.57. david: oh, okay. liz: just a quick note here as we've been showing - 2.75. news corp came out with earnings. it is a miss on revenue levels. fall about 3% year-over-year to 2.07 billion. it's a slight miss. bottom line numbers were a miss by three pennies. in essence the flashes we're
4:10 pm
seeing, book publishing division revenues decreased 22 million or 7:00%. cable network ebitda with $29 million, down 31% on stand alone basis, david. david: as you might remember, fox news and fox business network were once associated with news corporation. they split off and all of the publications went with news corp. we are now part of fox, which is traded separately from that. lincoln, by the way, do you think we've seen the best and the worst of what we're going to see in these earnings reports? any surprises yet to come? >> no, no real surprises. continue to try to disaggregate for investors the difference between top-line growth and bottom-line growth. that is really the quality of earnings story continues to not actually be that good going into the fourth quarter. david: right. >> going into the first quarter of 2014, you actually want to see a real growth on the organic bottom line. david: jason rotman, thank you so much. lincoln ellis we'll come back to you when the s&p futures close
4:11 pm
in just a few minutes. thank you, gentlemen. liz: thank you. the little bluebird has flown the coop, gone public. what is next for the ipo market after twitter's offering last week? we have been all-star panel what is likely to be the hottest year for ipos since the year 2000. david: extraordinary how many are coming out. the airline industry is one of the last front tears for the wireless business but bureaucratic and technical barriers are beginning to crumble and beginning to crumble fast. i will speak with the ceo front and center of the wireless revolution in the skies, you don't want to miss this. liz: our facebook question is about the goldman sachs predict shaun that the run-up in stocks is about to end for small caps. this is decade-long bull market for small caps. do you think it is time to pull out of small caps? we've heard these calls for year and it hasn't come to pass. should with you move on to blue-chips? log on to facebook.com/afterthebell. let us know what you're doing
4:12 pm
with your money. ♪ [ male announcer ] once, there w a man who found a magic seashell. it told him what was happening on the tradg floor in real time. ♪ the she brought him great fam ♪ but then, one day, he noticed that everybody could have a magic seashl. [ indistinct talking [ male announcer right there in their trading platform. ♪ [ indistinct talking continues ] [ male announcer ] so the magic shell went bk to being a...shell. get live squawks right your trading platform with think or swim from td ameritrade.
4:13 pm
sewho 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 d estimates for w much i'll pay. that helps me, and my gu, make better decisions. i n't like guesses with my busine, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare. at od, whatever business you're in, that's the business we're in with premium service like one of the best on-time delivery records and a low claims ratio,
4:14 pm
we do whatever it takes to make your business our business. od. helping the world keep promises. so i deserve a smbusiness credit card with amazi rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's cognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on eve purchase, eve d. what's in your walt? i ed your timesheets, larry! liz: breaking news. the skies are anything but clear for the attempted us airways-american airlines merger. as we look at the stock right now it is not moving too much but the breaking news, now it is not just attorneys general that want to block this thing and the
4:15 pm
department of justice, virgin america says it wants to file a brief to court hearing fight over american-us airways merger case. they argue that the deal should be stopped, we're guessing for competitive reasons. this is breaking news. virgin america a couple years ago was up start and starting in los angeles and coming on the show. david: virgin atlantic has a small piece of it right now. essentially operates as its own company. that is interesting, throwing a monkey wrench into the whole deal. the s&p futures closed just seconds ago. head back to lincoln ellis on the floor of the cme. see how things are going there, lincoln. liz: a bit after whimper. there is a bit of a snowstorm outside. put a damper on the session on want to quickly go back to what liz ace point about the foot on the gas there is an open issue as we move into the final two months of the year whether or not the transmission of fed policy is actually broken and i think that will be the fulcrum
4:16 pm
of the conversation that janet yellen has to have on thursday with our friend at congress. david: always getting to the fulcrum of the conversation, our lincoln ellis. thank you very much. >> my pleasure. >> snow in chicago. who would have thunk. liz: on the third day of trading, shares of twitter were first this morning, down, now they are up. they closed up following steady selling pressure. let's head back to nicole petallides on the floor of the new york stock exchange. nicole? >> i feel like watching a yo-yo here with twitter. they're up, they're down. buy low, sell high. not so easy on the first day of trading the stock traded above $50. this is a 26-dollar ipo. traded today in the 39-dollar range. managed to squeeze out a gain and close near 43 bucks today. analysts seem to be mixed. some are saying sell. some are saying buy. you do have cantor fitzgerald initiated coverage with a buy ratings of twitter and price target of 32 bucks. buy rating, buy it, i guess you
4:17 pm
have to buy it when it is not 32 bucks because that is where they think it is fairly priced. tricky one. david: people are still so passionate on this stock on either side. >> right. david: i was listening to comments, that absolute assurety it will go either way up or way down from here. we'll see where it settles. liz: thank you, nicole, very much. david: 2013 is on track to be the best year for ipos since 2000. it is often a spectacular deal for companies and original investors we all envy, should a average investor jump into names like twitter on the day they go public, or should you wait until trading has settled down a bit. liz: joining us is jean irkin, and tim keating, keating capital ceo. good to see you both. there is great temptation the thing we've witnessed the last time was 1999, gentlemen. that makes some people nervous. others say finally it has come
4:18 pm
back. there is pent-up demand for new initial public offerings here. tim, i let you take first crack at this. do these intimidate you, are you concerned or is this simply backlog of a now open pipe? >> it is definitely backlog of the pipe so i do not share concern. it is definitely a very strong ipo market but if you look back to 2000 there is a major difference between the very high valuations of 1999 and 2000 and today where valuations are little bit higher but wee very comfortable with the robust recovery in the ipo market and think it will continue to in the foreseeable future. david: gene, this stat comes from tim but kind of gnaws at you, that 62% of all the ipos that have been issued this year have been osing companies. now the average i'm told over 10-year period is more like 47%. does it bother you that fully 62% of these ipos are not making money? >> well first i would like to say happy veterans day to those
4:19 pm
who have served and are serving. i appreciate your service. second, to answer your question, you know most public or a lot of public, a lot of companies that go public are operating at a loss, including twitter. when you look at the ipo markets it really comes down to the confidence of the market to assume the risk. and they're willing to assume that risk right now. in addition -- david: i really want to force this question on you, gene. 62%, that's a huge number. does that mean we're sort of at that sage we were at in 1999-2,000 which was a dangerous stage? >> i don't think so. i think when people or companies are looking to the access the public markets they only have a certain window. right now that window is accessible to them. so you have many times companies who are operating at a loss, are looking to access the public markets when that is open to them as opposed to a private sale. liz: private sale. all right, so let's get to what is a good bet these days. is it technology?
4:20 pm
is it the pharma, biopharma, something exciting like that or is it something simple like cheg, insurance that is going public this week? tim, you take first crack. >> first crack, so if you look at the top performing sectors this year it has been health care and biotech. financial services has been second and technology's been third you but i think more importantly if you look at six companies doubled over 100% on first day of trading you have some very ordinary companies that are household names. you have things like pot lilly. you have sprouts farmers market. you have noodles. you have the container store. these are a lot of household names. admittedly there have been very strong companies in the health care and biotech space but there have been some very pedestrian, mundane companies that have had over 100% gains on their first day of trading. the performance is really coming from all sectors. liz: i say cheg, we have the ceo
4:21 pm
this week coming to talk about. this is textbook rental company. a couple years later they are ready to go public. i'm wondering do the companies get ready when it comes to a business model? gene, how much should a perspective investor really care because twitter, for example isn't profitable yet? >> i think investors should care. at the end of the day especially in the twitter situation, investors are betting that twitter is going to perform and it's really a play of what's going to happen into the future. and, you know many investors are buying into and takeing a piece of twitter because they think it is going to perform or perhaps overperform of the expectation that is it has now. and that is tim lar for very, for a lot of companies who go public. it is really a bet into the future. david: tim, i want to spotlight finally, one particular ipo upcoming, alibaba. a lot of curiosity how that ipo
4:22 pm
is going to go. simple question will it in hong kong or new york and why? >> i would expect that it's, hong kong is probably going to probably be a little more aggressive trying to court the listing but right now if i had to bet i would bet it would open in new york, excuse me. david: guys, thank you very much. gene and tim, great to have you here. thank you, gentlemen. liz: forget about our cyber monday. today is the biggest online shopping day in the entire wwrld. well, when you factor in china why not? it is so-called single's day. we'll tell you which stocks could benefit from this shopping splurge. ♪ she loves a lot of the same things you do.
4:23 pm
it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the ment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms obph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. de effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erectn lasting more than 4 hours.
4:24 pm
if you have any sudden decrease or loss in hearing or vision, or iyou have any allergic reactions such as rash, hives, swelling of the lips, tongue or throat, or difficulty breathing or swallowing, stop taking cialis and get medical help right away. ask your doctor about cialis for daily use and a 30-tablet freerial.
4:25 pm
4:26 pm
david: time for a quick speed read, some of the day's other headlines, five stories in a minute. first up the price of gasoline continues to drop according to the american automobile association. the average price for regular gas is $3.19 a gallon. nissan electric car sales are lagging behind expectations and will miss the target set for 2016. nissan chief executive, carlos ghosn says he blames a lack much infrastructure for slow growth. they will invest 5.5 billion in indyaw, in order to expand its presence in the country. announcement a year after rival coca-cola pledged 5 billion to further develop its brand in indyaw. toys "r" us and retailers beginning black friday on thanksgiving day. toys 'r us will open at 9:00 p.m. and, target will open at 8:00. apple will develop new phones with big curve the
4:27 pm
screens. new models are scheduled for release towards the second half of 2014. that is today's "speed read." liz? liz: there is something in china, david, called "single's day", where young people celebrate or lament being single but oddly enough the biggest online shopping day in the world thanks to alibaba's online marketplaces. david: alibaba once again. jo ling kent with more on the story. hi, jo. >> hey, dave, hey liz? can you buy happiness. alibaba says yes. they have been slashing prices on single's day for 24 hours since back in 2009 because the date is easy to remember. we can't forget that because now it is the biggest online shopping day in the world. prices on tabu and tima the main e-commerce platforms are discounted across the board. as a result, alibaba shattered last year's sales record in just 13 hours. alibaba group said it sold $5.7 billion worth of products.
4:28 pm
contrast with last year when it sold 3.1 billion. in 2011, 1.25 billion in sales. cyber monday sales here in the u.s. pale in comparison. last year it was almost $2 billion. if you're wondering what people buy on the sites, just about everything. big companies who win big on a day like this, samsung, the gap, nike, unilever, proctor & gamble and bmw even. you can get good deals through chinese auto sellers even on cars on "single's day." one hot company we've been watching also raked it in, shaome. first three minutes of sales the smartphone maker sold 110,000 phones and 110,000 other phones which came out to $17.5 million in sales. that issthree minutes. if you don't believe alibaba and big company is big deal. they sold $160 billion worth of stuff according to alibaba group. compare that with amazon's
4:29 pm
86 billion and ebay, 67.8 billion. cording it "wall street journal" the chairman answered a few guess today but no comment where he and when he plans to take alibaba public. it would be the biggest internet ipo since facebook. david: where do you think it is going public hong kong and new york. >> my sources are leaning towards new york right now but i think hong kong, there is a lot at stake in hong kong. with the chinese obviously working with hong kong there is a lot to be had there but it seems, according to sources they're leaning new york. liz: a former school teacher, david. david: i did not know that fascinating. >> very successful guy. david: good for him. liz: jo ling, thank you. >> thank you. david: ready for takeoff? sure seems that way for in-flight internet provider gogo. we'll talk about what is next for the pipeline. the stock was up 29% today. we'll tell you why and whether it has more to go coming up. liz: they served our country in
4:30 pm
battles to keep us free. now it is time for to us serve them. we have in studio some real heroes but severely disabled armed services veterans. we're talking about the program, i've done a lot of work for, building homes for heroes.org. it is an inspiring organization we hope you want to help, not just to help them build homes to be comfortable to go on to lead productive lives but to hire them. stay tuned. ♪ welcome back. how is everything?
4:31 pm
tre's nothing le being your own boss! and my customers are really liking your flat rate shipping. fedex one rate. reallmakes my life easier. maybe a promotion isn order. good news. i got a new title. and a raise?
4:32 pm
management couldn' make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even hand the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet everything. so everyone goes home happy. [ female announcer ] (announcer) at scottrade, our clto make their money do more.re (ann) to help plan my next ve, i take scottrade's free, in-branch minars... plus, their live webinars. i e 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 li me.
4:33 pm
i'm with scottrade. th self-directed services byn j.d. power and associas.on liz: time for a look at today's market drivers. the markets green across the board on this veterans day. the volume was rather thin but the dow hit its 30 fifth record high this year. -- 35th record high. consumer discretionary and health care being the top performer. oil rebounded a bit. brent crude, traded overseas in london up from a four-month low after international talks aimed at putting the brakes on iran's nuclear ambitions stalled. light sweet crude gained only 54 cents to settle at $95.14s a barrel. bold extended losses following a down week following a stronger than expected jobs report out friday and expect take that is the fed will taper
4:34 pm
sooner than expected. gold dropped .3 of a percent to settle, 1282.10 an ounce. david: if you travel as much as liz claman does, been on a flying business trip recently, you're happy to discover you're now allowed to use internet during a lot of these flights and you're not alone. the company that provides the service, gogo incorporated, reported this morning it had had a 48% increase in revenue over the same quarter last year. it raised its forecast as more airlines sign up for its service that. pushed its share up a remarkable 29% today. earlier i spoke with the company's ceo. >> michael small, i asked him where's all the revenue many coulding from? >> we're in the very early innings of a very big game here. we bring the mobile internet, the aviation industry and that will transform flying. so we're seeing tremendous customer up take of our services. they enjoy being connected
4:35 pm
wherever they are and i'm, doesn't mat they're it's in a plane. being part of the internet. david: but i guess the question of revenue growth you're signing on more with more airlines and more airlines the more revenue you have coming in, right? >> that's a factor. we were up about 20% aircraft, take rate, number of people that use it, that is also up about 20%. we saw a little bit of price increase on top of it. when you add it all up we're up about 50%. david: you say a little bit of price increase, you're geting a lot of money per plane. if i'm correct you're getting $8,000 per month per plane, is that right? >> that is correct, yeah. we all it average revenue per aircraft and it is now over 8,000. david: is that figure likely to go up? everything goes up these days but will that go up as well. >> it with will go up a lot, multiples of where it is today. we have about 6% of the plane using our services today. and we see a future where
4:36 pm
virtually every passenger on the plane will be engaged with our services. david: now you are still losing money per share. you're improving quite a bit but still losing. when will you turn that around? >> we have not made that forecast but its quite clear that the incremental economics of this business are excellent there is a real up front investment in the technology and we've made that and now we're leveraging that and as we grow the number of aircraft and the number of users on each aircraft we're seeing profitability improve rapidly. david: i'm wondering if it reach as level where it kind of tops off? you got all the airlines you can get and you reach a ceiling where the revenue won't grow anymore? >> well i think we have a long ways to go in the united states but, there's a lot of aircraft yet to get outside of the united states. there are about 4,000 commercial aircraft in north america but there are 13,000 aircraft outside the united states and
4:37 pm
they're largely all unspoken for. so, we think over the next few years the international airlines will be signing up. >> yeah. >> good growth in the united states. tremendous growth outside the united states. david: you have all the private aircrafts, right? >> yes. and we actually had an exciting announcement this quarter. we came up with a new product that is mortar getted towards the turboprops. so between 8,000 turboprops and 12,000 jets, we now have 20,000 business jets to go after. david: wow. >> and today we have only 2,000 of them so. david: you can see why people are jumping on the stock because you have all these positives. you have this thing called gogo vision. people are telling me it is in-flight competitor to netflix and hbo-go. explain what it is. >> yeah. so it is our own video-on-demand service. tv shows and we have movies. and preload those movies on the
4:38 pm
plane and then we serve them individually to customers. they can order what they want to see out of a library of 100 and some movies and tv shows. we do the digital rights management and the payment processing. it's a very efficient way to view a movie in the sky. david: you have something called text and talk. without getting into details of all this stuff, i'm wondering how much of what you're inventing for airline travel could work on land? >> some of services do work on land. we're trying to bring the mobile internet revolution to the sky and we're finding ways to do that. so, we started with internet sessions. then we added gogo vision and now we're adding text and talk. there will continue to be new services until ultimately we engage all the passengers on the plane. david: michael, finally, a very quick question, my friend patrick byrne from overstock.com is always saying you can't let
4:39 pm
one day's stock jump like you had today affect the way you run the company. on the other hand, you can't ignore it, can you? >> well, look, we keep building a great business, changing aviation by bringing connectivity to aircraft we'll bring a great business and there will be a lot of ups and downs in the stock price but in the long run it will all be good direction. david: liz uses gogo all the time. liz: who among you doesn't get serious you're used to using it and flight that doesn't have it. david: i hope to, i'm not used to having it. i hope they have on international. liz: love it. on this veteran's day we want to show you navy newest aircraft carrier over the weekend. uss gerald ford is the fiist of a brand new generation of nuclear-powered carriers. coming up next we're talking to the founder of buildinghomesforheroes.org on how his organization -- david: go andy,. liz: is helping severely wounded troops build homes that they are
4:40 pm
then comfortable and able to then get jobs. you are going to meet our four heroes live in studio. you will love them. they are our guys. we're thrilled to profile them for you. you will hear their stories and i will change your minds if youf these guys. ♪ you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. man ] i wanna be ailot. [ woman ] i'd be an architect. what if i told you someone cod pay you and what if that person re you? ♪ when you think about it, isn't that wt retirement should be, paying ourselves to do what we love? ♪
4:41 pm
at od, whatever business you're in, that's the business we're in with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the rld keep promises. i have a great f with my dentures. i love kis. i've always had that issue
4:42 pm
with the seeds getting under my denture. super poligrip free -- it creates a seal of the dentures in my mouth. even well-fitting dentures let in food particles. super poligrip is zinc fre with just a few dabs, it's clinically proven to seal out more food particles so youe more comfortable and confident while you eat. super poligrip free made the kiwi an enjoyable experience. [ charlie ] try zinc free super poligrip.
4:43 pm
liz: on this veterans day, you heard it before, yes we honor the brave men and women who fought to protect our freedom but that seems to me to be just a line. you have to think about what they have done and what they have sacrificed so we all can go about our lives in this great country. so i got involved with a charity called buildinghomesforheroes.org. it's a non-profit organization that helps build totally customized homes for the most severely wounded members of our armed forces coming back from
4:44 pm
iraq and afghanistan and so then they can become productive members of society. that is the link between what? their next step which is hopefully geting a job. joining us the founder of building home for heroes and as well as several veterans who will receive or received several homes from building homes for heroes d.o.t. org. we have army sergeant joe tavera, u.s. army sergeant joe gravenoski, and army sergeant aaron heal. i love you guys. we're all so happy you're here. we really appreciate it. andy, the numbers are rather stunning when you talk about unemployment rates for veterans. it is lower than the national average but still too high for people who made such sacrifices, 6.9%. convince people out there why they should hire these fine young men and women who obviously have given so much? >> well, these guys they have
4:45 pm
come home, through terrible injuries. you know they served their country with courage and valor and they struggle through the hospital and come out of it and you know, they're just such great guys. we kid around, they think they're here for reality show and, you know, kidding aside, just contributes so much they make our lives, all of our lives better. you see, you feel, you earn. liz: let's cut to the chase here, james. you as a marine captain, highly motivated. you only need to get directions once, show leadership qualities. all sorts of reasons. we should let people know you're in nyu. you're getting your mba you interned at barclays. do you feel it will be a difficult road because of your injuries. to do people look at you hoeoh it is a pain to hire a guy like this? i'm really talking about what some employers might think. >> no, we're adjusting to a new
4:46 pm
structure of life. we have relevant skills and relevant applicability to any organization. we're getting used to a different structure, a different language, if you will. for me i haven't experienced any of that. for me every time i go to an interview, whatever concerns they have, maybe this guy is ptsd or something like that -- >> post-tramatic stress disorder. >> they go away very quickly. liz: but you have the ability to really articulate what your markets skills might be. maybe that is the missing link between jobs and some of our veterans because they have great skills. they just don't know how to impart that to perspective employers, correct. >> absolutely. market something everything. most people don't have any idea through the military you're thought to be hum before. you're not taught to go up in front of the commanding sister to sell yourself. you're just humble and do your job so absolutely. liz: let me introduce to you army sergeant joel tavera he was
4:47 pm
at one point the most considered armed services vet in the iraq-afghanistan wars. you've undergone 100 surgeries. you sustained unbelievable pain but you come back fighting. people said you never walk again and let alone live. you have done 5 ks and we built awe home. what are the best skills they offer to perspective employers joel. >> we're loy an work hard. i did that in the military. we did it for almost nothing. so i mean, yeah, come to think of it, what better type of person to actually bring to the table to work for a company, organization that is used to being you know, actually used to being part of an organization it seven, working hard. working as a team. i figure team work get as lot more done than individual work. liz: introduce you to joe. army sergeant. joe, we're so happy you're here. we found you through howard and
4:48 pm
allison lutnick, who brought your story to you are attention. you were terribly wounded as well. we're in the process trying to find a home near walter reed because of all operations you have to had. at some point you want to get back through the working world. people should know he already skydived recently, correct. >> i've done a tandem. liz: there is no limit to what you can do for an employer. >> sky es the limit. liz: what would you say to a perspective employer when you're ready to go back to the workforce, joel? >> i'm still fully confident and skillful. haven't lost any of them. i can perform very well if they just give me a chance. liz: give them a chance. aaron heal, army sergeant. aaron and i became buddies just a couple years ago. i heard your story, you hate this story, "the hurt locker" guys. all kinds of detonation and neutralizing of bombs, one blew up 30 feet from you and you're
4:49 pm
blind and thinking going back to school, correct? by the way he just climb ad mountain peak in south america. unbelievable. >> yes, liz. i'm just going back to school. just retired around heading back and finishing my degree. >> what do you want to do? >> i want to get in the finance world, follow your fooosteps. liz: watch a lot of fox business, i know you have. there are a lot of employers out there who do step up to the plate. home depots of the world. advanced auto parts has become a friend. tivo has the t-vets. do you think more of those companies should have those programs, aaron? >> absolutely. organizations like the home depot, advanced auto parts, do a great job stepping up for the troops and i think it does worlds of good for the veterans as well as communities that they serve. liz: i'm so happy to haveeall of you guys. can we have a round of applause?
4:50 pm
our floor crew is in awe. we're so happy and appreciative of you. thank you so much. andy, we love what you do at buildinghomesforheroes.org. i hope everybody makes sure, five dollars, whatever you have, change in the sofa cushions. buildinghomesforheroes.org. that gives them a basis to live and live on with their lives. hire these people. james biler, u.s. army sergeant aaron hail and arm sergeant, joe gravanoski. david: that has been a quiet hurricane season. that is bad for business for the engine-maker briggs and stat ton. we'll talk to the zero -- ceo to see what that company has been doing to turn its business around. ♪
4:51 pm
as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with t spark cascard from capal one, i get 2% cash back on ery pchase,very day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at , cindy. [ male announcer get the spark business card fromapital one. choose 2% cash back or double miles on ery purchase, every. what's in your wallet? i ed your timesheets, larry! 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 m guys, make better decision i don't like guesses with my busisiness, and definitely not with our health. innovations that work for you.
4:52 pm
that's healtin numbers. unitedhealthcare. [ enne revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vicle that's just right r you, no matter which list you'ren. [ santa ] , ho, ho, ho! [ male announcer ] get the all-new 2014 cla250 starting at just $29,900.
4:53 pm
4:54 pm
liz: we've seen extreme weather. and people who know a thing or two about that, our own storm
4:55 pm
chaser, jeff flock in the 2011 chicago blizzard and braving superstorm sandy's landing on east coast and briggs & stratton ceo. david: joining us from the briggs & stratton factory in wisconsin. talk about the calm season. >> we both have our fortunes tied to the weather it seems. can i get one of these for the next blizzard coverage? this is one of the newest snapper snow throwers. this is cadillac model. has heated handles so you don't get too cold while blowing snow. it was a slow hurricane season, obviously. all the manufacturers, the guys that make generators and other things are tied in some ways the weather. take a look at some of those competitors. they haven't done as well at briggs & stratton as some of those. they areebetter diversified than other companies. i talked to the ceo today and he said he has a plan for growth. >> well, portable generators
4:56 pm
generally sell after a major hurricane or power outage. we didn't see any this year. there are lots predicted. but at end of the day we're there with outages because of ice. we've seen that weatherr it is 36 degrees and snowing in milwaukee. we've seen weather knock out power so we're ready to go should there be an issue. >> i leave you with the standby generator line. that is also their way of growing despite the weather. david: jeff flock. thank you. number one thing to watch tomorrow, i want to say happy veterans day to everybody out there, particularly to wounded warriors. god bless them all. liz: our thanks to them. have [ female announcer ] tide pods three-in-one detergent.
4:57 pm
pop in the drum of any machine... ♪
4:58 pm
...to wash a size load. it dissolves in any temperature, even cold. tideod pop in. stand out. tideod [announcer]...if you tnk t best bed for one of yo might be a comprise for the other one... tideod [an[woman]ask me about our best tempur-pedic.f yo [announcer] they're sleeping on the newest tempur-pedic bed... the new tempur choice... [man]two people.two remotes. [announcer] firmness settings for the ad,legs,and back... and with tempur on top,that famous tempur-pedic comfort comes any way you like it! [woman]ask me about the lumbar buon. [man]she's got her side... [announcer] tempur-pedic.the n america. [woman]don't touch my side! but with less energy, moodiness, and a low sex drive,y first. i saw my doctor. a blood test showed it was low testosterone, not age. we talked about axiron. the only underarm low t treatment that can restore t levels to rmal in about 2 weeks in most me axiron is not for use in women or aone younger than8
4:59 pm
or men with prostate or breast caer. and children shod avoidwho are contact where axiron is applied as unexpected signs of puber in children or changes in body hairr increased acne in women may occur. report these symptoms to your doctor. tell your doctor about all medical conditions and medication serious side effects could include increased risk decreased sperm coun ankle, feet or body swelling; enlarged or painful breasts; problems breathing while eeping; common side effects include skin redss or irritation and blood clots in the legs. where applied, increased red blood ll count, headache, diarrhea, vomiting and increase in psa. ask your doctor about axiron.
5:00 pm
melissa: al annoying is it to throw your water bottle and all your liquids every time you to security at the airport. one company in ohio is about to change all that because even when they say it's not it's always about "money." ♪ so if you're like me and sick of ditching your water bottle for hitting airport security, good news is on the way. a new liquid scanner will make it possible for travelers to bring approved liquids test security and on the plains. being tested in london, have not come stateside,

115 Views

info Stream Only

Uploaded by TV Archive on