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tv   Markets Now  FOX Business  November 12, 2013 1:00pm-3:01pm EST

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u.s. airways reported with amr making the largest carrier, usair weighs down 8%. the amr stock was five letters, not one we follow closely but a huge pot and the rest of the airline worth noting ahead of 52 week highs named by jetblue and southwest airlines, we have seen a lot of airlines doing well today. we can seize a noted u.s. airways pulling back the 1.9% united continental and jetblue up 4%. let's look at major market averages, the vix, the index to the upside, the dollar higher, dow jones industrials moving records, record close yesterday, the 35record close for the dow jones industrials pulling back 48 points, and that is something we are watching, the ten year, watching closely as they creep higher putting a damper on equity, 2.7% yield. dennis: more in two years since
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the markets suffered a correction. the more concerned some investors become. despite this the next guest says investors should get invested and stay invested in equities. hank smith is chief investment officer who manages $6.5 billion in assets. welcome and thank you for sharing your insights with us but i got to be the contrarian and the contrarians have been wrong since january saying global market will lose steam and get a correction and we haven't seen it yet. even julie we will so isn't it time to take profit? >> eventually we will but at higher levels. therefore you are not doing yourself any good. let's forget that the market is up 26% this year and let's focus on this. the economy is expanding, profits are rising, balance sheets are in exceptionally good shape, we are flush with cash,
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valuations are reasonable, not attractive or undervalued. what is not to like about that scenario? dennis: in the past earnings season we have seen some companies missing on revenue. earnings they are making coming from laying people off for finding efficiencies going forward they may not be able to get and if you are not selling that would be a problem going forward. the contrarian view on this. >> and europe is getting less bad. i might even argue we might have little bit of growth in europe in 2014. the emerging markets have bottomed out and are better than developed markets and the u.s. economy continues to broaden out and might perform a little stronger in 2014 than it did in 13. all of that spells higher profits for corporations next
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year. adam: i will stop being a contrarian and ask about the article in the wall street journal. should we be concerned? we have $76 billion flowing into mutual funds and stocks, largest amount that has ever flown in, that has gone into stocks in several years. that is a sign for some people to get out but you think not. >> let's put it in broader perspective. through 2012, years through 2012 you had $650 billion withdrawn from equity funds, persistently. every month for five years with the exception of one month so this is just the very beginning of a reversal of a five year trend andover's that five year period ending 2005 you had that one$.3 trillion going into bond funds and they are not earning anything. this is the very beginning.
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>> i hate talking about the federal reserve when how to invest your money but this is what the fed wants, average janes to move out of bonds and wherever we have our cash sitting doing nothing and going to what some think is an inflated market but the only place to get any return. >> that is right. but this rally is not just a fat induced rally. it is also based on fundamentals. fed policy has helped but the fact is you had tremendous profit growth over the past five years, tremendous profit growth over the last 15 years even during the decade of no return there was still great profit growth slowed this is a rally born of fundamentals helped by fed policy and yes, fed policy is allowing banks to repair their balance sheets and hopefully allowing investors to
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improve their savings. adam: not too late to get in on this rally. that is what you are telling average retail investors. >> in broader context we think we are in the middle innings of a secular bull market. there will be pulled back and corrections but if you are waiting for them you might be investing at higher levels. adam: i am a cleveland indians fan so be careful. all the best to you, hank smith. webmac you like that reference. peer come headline on oil today, expecting the u.s. to surpass russia and saudi arabia as the top oil producer by 2016 and it is thanks to a boom in shale oil. phil flynn of price futures group is in the trading pits of the cme, this should be no surprise to you but we are getting some dates on this. phil: we are. we will party like it is 2016. it is already impacting the market.
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we are seeing oil prices making new lows as we speak, $93.88, it is because of the shell gas production, we expect to build in supplies, supplies being a record amount for this time of year but that is weighing on the market so it is not positive but it is not just the u.s. it is more america, talking about brazil. what they said was impossible, north america to be a major oil producer of few years ago is happening and if you put razil, the united states, canada, the biggest growth in oil production will be in north america. the biggest growth for demand is in asia and they are saying ten years down the road we will be talking about india overtaking china for the biggest demand but they are warning ten years down the road we will plateau on shell gas production. it won't happen forever but aren't these the same guys predicting big oil? maybe not. i don't believe that. markets will keep us going.
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the other big move is natural gas, a six days in a row making new highs, people talking about the cold weather but cash markets around the globe, infrastructure is of big thing and even here throughout the country, trading at $3.64 you go to new england on the algonquin pipeline, paid dollars, 1 million metric bp, a huge discrepancy, really got to get that in-line with the rest of the country. lori: we are showing viewers here, what does that put the price at? that is historically cheap. >> it is historically cheap and not as expensive. remember last winter it got cold and we got 4 for the. we are in that trading range. when we get cold weather we pushed towards 4 and back in that range but what is good about low prices for natural gas
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from a historic viewpoint is to stimulate the economy we are seeing new uses for natural gas, the demand is going up and not just eating. the other reason we are moving on the weather when we are producing record amounts is exports are going up, exporting a lot of natural gas not just -- places like mexico and that has been a big boon for our economy, good for imports and good for the u.s. making some money. lori: thank you so much. adam: obamacare enrollment missed the mark big time from the target of 500,000 so now former president clinton is speaking out on americans who are losing their health plans. rich edson is on capitol hill. president obama and president clinton may not be bestes now. >> enrollment numbers, wall street journal reporting 40 to 50,000 peoppe have and will blow the administration refuses to say what the exact number is, they will give us that this
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weekend and the issue of the president's promise. can you keep your health insurance plan that you had and you liked because of obamacare? on that front the president have lost a key ally. >> i personally believe even if it -- the president should honor his commitment the federal government made to those people. >> the white house is hamstrung on what it can do about the promise. insurance companies plan to drop those plans, move those plans going forward and reinstating them would take months according to industry officials and could be very problematic. as for what else the white house can do to boost enrollment and get past the web site problems it is pretty limited. >> very long look president can do about these enrollment difficulties, basically when you think about the possibilities, it is either speeding up enrollment somehow which seems
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next to impossible, the way things have been going lately, it could mean spending more money, giving people greater subsidies but that means going back to congress. >> going back to congress to spend more money on obamacare, a congress that on the house side was bent on repeating obamacare the majority of this year and last year but house continues its investigation, house oversight and government reform committee holds its hearings on the web site and on friday the house will vote to allow insurance companies to reissue the plans they had rescinded. adam: thank you very much. lori: a new sheriff in town. president obama will nominate a treasury department official to replace gary gay antler, chairman of commodity trading commission. he is best known for managing winding down the $700 billion program known as t.a.r.p. which was set up to help bail out troubled banks during the financial crisis.
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the nomination requires confirmation by the senate. adam: cybersecurity wwr continues, meant for stealing online banking information, hit new highs in the third quarter, a level not seen 11 years according to a report from trend micro, the security provider counted malware infections that banks from july through september of this year. the u.s. was the most affected of all countries attacked, 23% of the new ones hitting banks on our shores. more people around world are spending big bucks to make sure they are safe in any situation. we will talk to the ceo who is bulletproofing vehicles for everyone from stevens the gall to the pope. lori: shoulder ring for good, find out what the retailer is doing to bring folks into stores this holiday season. adam: the largest home builder out with earnings this morning, what that company is planning to do if demand doesn't take a.
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lori: stocks down, oil trading on metals. $6.70 to the ounce putting it below 1300 now at 1274. we are back after this. [ male announcer ] need help keeping your digestive balance in sync?
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lori: investors crying over spilled milk. will get shares of jean foods, dollar and $0.50, the ceo greg tanner saying of the dairymaker volumes are going to underperform for next year. stock thinking the company will send off competition on names like walmart. dean foods will launch a $0.07 quarterly dividend as it continues to cut production in transportation costs. this after rebounding 14% in the last month. >> time to check markets one more time. nicole petallides on the floor of the stock exchange watching shares of america's largest phone builder. nicole: these shares came out with quarterly numbers and have a conference call, watching shares on the move here and this is a reported profit for the fourth quarter that jumped 39%. you see the stock up 2%, $18.42
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a share. what we did see is the orders that did drop, 2% drop in orders not bad considering mortgage rates have been on a rise and price increases for homes for sale and on the conference call they noted the increase in home prices may actually pull back a little bit, not that they begin to moderate to a certain extent until the economy improves and d r horton doing great and home depot dow component doing well today also up 1% at $76.13 and home depot is the dow component, one of the names that has an up arrow despite the fact dowers down 45 points. lori: trying to get shopping done early? not in my household. best buy will get you in the lower. electronics retailer giving out $10 use it on anything coupons. shoppers helping lure you back
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to the store again. best buy e-mail the coupons yesterday and do good in stores or on line through december 24th, best buy offers another reason to celebrate, the stock is the top performer on the s&p 500 index so far this year performing better in fact than netflix. adam: the merger between american airlines and usair, getting reaction first from dagen: as amr and usair resolved and settled government antitrust case. bill the says it looks forward to the chance to acquire slots particularly at reagan national airport which is said to be shed under the settlement, delta shares hit a 52 week high today. the growing market, gluten free sales in the billions and set to go even higher. only a fraction of the market known as free food. jeff flock has a closer look at that. lori: numbers are in. details on which building is the tallest in the country.
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lori: headlines from minneapolis, the federal reserve bank president, one of the fed's
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most of policymakers, the public dialogue about fomc risks are creating doubt and uncertainty about the approach. egos on to say the fomc should enhance its communication about asset purchases and adopt goal oriented approaches and urges lower rates until unemployment falls to 5.5% as long as inflation stays in check. is in reaction to the debate rising. we will talk about that through the hour on fox business and inflation is 7%. time to make money with charles dean, he is exploring car and equipment rental market. why did this grab your attention? charles: it was hammered. i was looking at blue-chip names the got hammered, earnings reports were oversold the previous hour. i talked-about whole foods. it is in the same category. look at the traditional valuation metrics, trading at 80% of sales, four times book,
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maybe the only area. they have all been scooped up and i got to tell you, it got hit pretty good and from its risk reward point of view, some looking at one of the big topics, people coming back into the market, and oversold blue-chip type name this is the top of the list. adam: from the car rental side, what is it, national is national -- charles: it hurts the dollar, they have some other things and branching into the equipment sales light construction equipment, building equipment. on like that. they did 1.5 billion, a nice space globally and certainly in america. one negative that stood out to me, 45 insiders sales for 1 hundred million shares. that is not a vote of
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confidence. maybe they have nine hundred million shares but let's call it a yellow red flag if you will but other than that, 2009, everything melting down, this is a $2 stock. others then that, mrs. lincoln, how was the show? >> i have to wonder if there was something like if there had a small window and anyone could get out of would like to explore that more but was offset by the insider buys. there was one insider by for 700,000. lori: i.t. replacing the fleet? charles: with the used car market up so much it was a nice sweet spot as well. by the way, what the fed guy just said i think they will go to 6%, no sign of inflation, deflation is a major problem. lori: it is duct tape, a new buzzword. charles: i got to tell you something. lori: the treasury market is demanding it, dining policy on
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its own. charles: deflation is a bigger problem. lori: he is coming up soon. blog adam: one in 12 children as a food allergy or other in tolerance of food. many companies the beginning to produce what is known as free food to capitalize on the growing consumer base. jeff flock is in illinois with more. free from this, free from that. phil: jeff: your looking at enjoy life foods based on chicago they are not only free of notes and gluten but all of your products are free of all of this of. we have a list of everything. tell me what they are again, the things you're foods are free of. >> free of all of the common allergens defined by the fda. those are weak, dairy, eggs,
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peanuts, shellfish, fish, product are also gluten free certified gluten free. jeff: walk me through your facility, it is dedicated to being free from -- you are not alone. the big players like general mills and kellogg are on the bandwagon but don't produce the facilities there free for everything. >> that is correct. we have not very unique brand, free of all the common allergens. no one at the same promise, enjoy life foods. jeff: i want to show you 44 products as we look at some stocks, companies that have been benefiting from this who are the grocers that sell these products, grocers like natural grocers, whole foods, stocks up there, these are your products. >> we have 43 products crossing eight product categories. we have a wide array which allows our consumers who is looking for a wide a range of products which are allergen free
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and free to be able to choose from. jeff: is not just the blue ands sufferers but those who want to eat foods that are free from these allergens that made because of a problem they don't know about. it is a growing market. adam: you go to buy gluten free products on the weekends. you are right, it has grown. jeff: it doesn't taste like gravel anymore. it used to taste like cardboard. they have improved the flavor. adam: send us the o'neill cookies without votes. lori: conduct cooking segments for us. over this summer about washing cars. lori: the battle for the tallest building coming to an end. 1 world trade center will be the tallest building in the country when completed next year, overtaking the gerri willis
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tower. that was a poor joke because she is the tallest woman here. it held the top spot for 40 years. a decision made by the council on tall buildings and urban habitat in john when the mass, was part of the structure and add on like an antenna. the final right coming and 1,076 feet. making it the third tallest building in the world. adam: it is called. there have been critics who have said it was not lovely but when you go down and see sixth avenue is something to see. check it out. for get free speights. 17 years and you are out. major-league baseball atlanta braves attacking mayor -- moving to the burbs. one that can't wait for the bond market. already has been. the ten year old at highest level since mid september. straight-we will break it down.
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adam: want to check stocks again. we'll head to the floor of the new york stock exchange. nicole petallides. bullish on cinema stocks. >> looking at regal and cinemark. we'll bring you to the post. a lot of down arrows but not for cinemark. take a look. up 2.7% at 33.47. we're seeing up arrow for regal. january any talked postively about both these companies. normally a trough in the fourth quarter. on the contrary, they are very bullish on these two names, so much so, fair value estimates on regal, 24%. 46-dollar target on cinemark. good news for moviegoers and people who own the shares. back to you. adam: nicole, thank you very much. >> treasurys extending their
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slide amid a 70 billion-dollar sale of government debt. benchmark deals are hitting highest levels since mid september. with continued concern about fed taper and higher interest rates, what should we expect from the bond market? ette let's turn to zane brown, from fixed income for lord abbett. thank you for being here. what is your take on higher rates? what is driving isn't. >> two weeks ago, in fact it was this show when we analyzed fomc minutes we saw for the first time a fed that saw more economic strength than what the rest of us saw. that has been corroborated by a pretty good gdp number and then decent jobs growth in october, plus some revisions. so it is a little bit stronger economy than what we thought we had two weeks ago. as a result yields are up 25 basis points or more. lori: yes. >> we had 2 1/2% two weeks ago. now we're almost at 2.8% on the 10-year. lori: is there politics involved? as you are so well aware, the
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bond market was really fooled back in may with the fed speak and, there is some talk this morning, some reporters out and some economists suggesting that maybe, maybe the treasury market is conducting its own monetary policy and really forcing the fed's hand here by driving rates higher? what do you think about that, that idea? >> well, they are certainly have been references to bond vigilant too doing the fed's work for them. certainly there's a great argument for that because the fed hasn't done anything yet. we're up over 120 basis points from the beginning of may when they just started to talk about tapering. so, yes, i think there is some truth to that, but it is only going to go so far until we actually see something from the -@fed and i think we expressed e opinion that, it's about far enough now. 2.75, 2.8 i think we're about where we should be. lori: we shouldn't be concerned about a 3% handle on the 10-year before year's end? what is your outlook toward the end of the
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year and year next. >> probably not before year-end. certainly a year from now we'll be in excess of 3% but between now and january and february we're not likely to drift too much higher in yield. when you look at the gdp data it is not really 2.8% growth. consumer spending was only at 1 1/2%. i think the jobs growth was a one-month number. a lot was in poor quality jobs. there wasn't a ton of construction jobs and high-paying solid jobs. it was a lot of retail. a lot of leisure and entertainment jobs that don't pay quite as well. so i think over the next month or so, we'll realize it is not quite the level of strength we fear it to be now and fed under yellen's administration or leadership is likely to take it very low in 2014. lori: what does that mean very slow? when do you think we'll see the taper begin here in ernest underway? then, when will the benchmark rate finally get hikeed? >> i think probably doesn't begin before january.
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i think, december is going to be a little bit too early for the fed. they will need a couple of months of data to support their decision. but even when it begins i think it is likely to begin only with maybe $10 billion. instead of taking the nine months that bernanke outlined a long time ago, it is likely, i think for yellen to extract that out to a 12-month period some i think it will be 2015 before we're done with quantitative easing, and the end of 2015 before we see short rates move a little bit higher. lori: zane, mr. adam shapiro reminded us earlier this hour you're not making anything in bond fund these days. so what is your recommendation for fixed income invests as we close out our chat today? >> well there are bond funds that you're making a great deal of money on. if you go down in maturity and down in quality that will position you into safer, less volatile and higher yielding securities that ought to do well in an environment that is
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stable, or even creeps up a little bit hire in yield. lori: all right. are you still looking then at fixed income as your protective as your defense portion of your asset allocation pie? >> yes. and i think, you know, buying things like bank loans with, which are short-term and low quality, short duration, which might be higher in quality and high yield, all three of those asset classes are likely to do well in a slow-growth environment, without a lot of inflation and -- lori: what about a stock market. i have to throw one more at you. everybody is concerned with all the froth going on with the stock market. so are you seeing some inflows with that strategy in mind? >> well,think the stock market s likely to do well but we're likely to have volatility especially as we test people's concern with how high valuations are. lori: zane brown, thank you as always. >> good to be here. >> breaking news. u.s. district judge rejected former mf global ceo john corzine and two of his top directors bid to dismiss an
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investor lawsuit over the commodity firm's collapse. emf global mcdonald and ray steenkamp have been accused breaching their fiduciary duties to shareholders and failure to act in good faith. headline again, the district court judge dismissing attempts to get the case thrown out. lori: wow. investing in the face of a possible zombie apocalypse. the idea is farfetched but these stocks are seeing huge returns. adam: if you're looking for protection, we've got a solution for you straight ahead. trent kimball, ceo of texas armory. this company makes your vehicle, your car, bulletproof which you might need on the fdr. ♪ welcome back. how is everything? there's nothing like being your own boss! and my customers are really liking yo flat rate shipping. fedex one rate. really makes my life easier. maybe a promotion is in order.
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we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. lori: i'm lori rothman with your fox business brief. the justice department saying it reached an agreement to al lout merger of us airways and american airlines as part of the antitrust suit settlement, doj is requiring the merged airlines to divest slots and gate facilities at seven key airports. reuters is reporting that mitsubishi heavy proposed to boeing it could cut costs for building wings for boeing 777-x jet in japan. after washington state approved a $8.6 million incentive package to keep the us production of the jet in the seattle area.
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tomorrow the union members will vote on the boeing contract offer. transunion says the percentage of mortgage-holders at least two months behind on payments fell in the first quarter, to 3.09%. that is down 23% from last year. that's latest from the fox business network, giving you the power to prosper.
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adam: another headline that could move markets. secretary of state john kerry believes it would be, this is a quote, a mistake for the u.s. congress to impose additional sanctions on iran now. state department spokesperson says the headline coming as iranians walked away from talks with world leaders monday. secretary kerry wants, and this is another quote, temporary pause a temporary pause in imposition of additional sanctions. lori: okay. well, from that to this. zombie apocalypse portfolio. no, it is not a craze. companies that should do well in a zombie outbreak are booming.
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let's hope it is not a sign though. a zombie portfolio of seven stocks including solarcity, generac, stern ruger, smith and wesson, cabela's, gnc and palm corp toward r soared about 230% since the walking dead premiered in 2010. that compared to the 50% for the s&p 500 index. those zombie stocks are doing so well, it may be a sign of the end of the world but aye lei, you could make money now. adam: you can't take it with you. lori: well-said. adam: what do ti, steven segal, the pope have in common. they have had their cars reinforced with armor by our next guest. he is sighing a growing trend among the uber-rich. they're getting personal cars outfitted with armor. welcome, i understand the roots of your companies go back to the 1970s. i could see a head of state or dictator in central america wanting this kind of thing,
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someone in west after africa, but celebrities doing this? is this stylish statement you have arrived? >> i don't know if it's a stylish statement. they feel the need to protect themselves from street crime or some type of a threat they may have received. adam: your company, there are testimonials about people that live in very dangerous parts of the world. one is from west africa, kidnappers attempted to get the people in the car, but the fact that the car was armored, the bullets never penetrated and they were able to get away. >> that's correct. the majority of our vehicles do leave the united states. we, we armor very few for the united states. most of them do leave the united states and if there is an attack usually it does occur overseas. adam: describe for me the process or process depending how you like to say it, turning a car like the one we're watching into a video into a very safe, safety, safe rooms in some cities but on four wheels, it would be a safe car?
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>> yeah. so, the process is basically we take a regular vehicle, whether a suburban or mercedes type sedan. we will strip the entire vehicle apart. once we get to the inside of the vehicle, the frame, the existing frame we start putting in armored materials. we replace the glass with armored glass. we put in special materials in the door. ballistic steel in the door and roof and frame of the week to basically stop all type of weapons. anywhere from a handgun up to an ak-47 type weapon. >> if you do the full, total, armoring it will put at love wait on the car. i imagine you choose a vehicle that sits higher on the road? >> usually we'll upgrade the suspension and we'll upgrade braking system. we'll do modifications necessary. it doesn't necessarily need to be a high vehicle off the road. most of the vehicle that is we do armor happen to be suv-type vehicles or four by fours but we do armor a few sedans in there.
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adam: how many of these a year do you do? >> we're doing approximately 200 vehicles year. >> and roughly, ballpark figure, again if you went full-fledged entire shebang, how much would it cost? >> you're looking of course, depends on cost of the vehicle but you're looking anywhere from 200,000 all the way up to 500,000, depending on what vehicle you choose to armor. adam: so, when we mentioned segal, ti and the pope what did you do for them? are you allowed to say. i realize they're clients and you don't want to breach confidentiality. >> we, i can just say what we armored. we armored an es can can laid for ti and a suburban for steven segal. the pope had his own vehicle, popemobile you say. made a glass cage on the back of a vehicle for him. just depends on the client and their desire and their taste.
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adam: last question, what is the popular vehicle among the elite, uberwealthy and celebrity? i think the pope has a mercedes if i'm correct but what are the others driving? >> so we armor right now the trend is, mercedes suv, called the g-wagon or the g-550. it is that box mercedes thaw see sometimes around. it's very trendy right now. they really, they're really a hot item right now. >> or save a lot of money and buy a 57 studebaker, there is so much steel on that it will not go anywhere. >> that's correct. adam: trent, thank you very much for joining us. >> thank you. lori: not sure why steven seeing gall has an armored car. we talk about that after the break. adam: i was going to say something but not in prime time. lori: let's check the markets. alan valdez of dme securities. welcome, alan. opportunity to repeat breaking news from fed official kocherlakota. pushed down long-term interest rates and encourage consumers to
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spend and businesses to spend. extreme dovishness there, do you agree with him. >> i definitely have to agree. the feds powered this market since 2009. the s&p is up 160%, all on the back of that fed pumping 85 billion a month into the market. >> he is not worried about bubbles. the markets couldn't hold on to the records today here, but we're elevated, seriously so. >> we're definitely elevated. 77% of all companies are overvalued right now. there is a bubble build. with the feds here you have to be in this market. only place to go. >> yeah. >> s&p is up 24% this year. nowhere else to go right now. yes you have to keep an eye on things. we're building a bubble. no question about it. >> when in rome as they say, alan, thank you. >> thank you. >> atlanta braves are packing up and moving to the burbs after playing in turner field in downtown atlanta for 17 years. the atlanta ball club will build a new 672 million-dollar stadium
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in time for the 2017 season in cobb county, 20 miles north of atlanta. turner field was built for the atlanta 1996 summer olympics and converted for the braves for the 1997 season. the atlanta mayor said the city will demolish turner field when the braves leave. lori: can you imagine selling rights to your own name. you will meet a man who has. jason sadler doing just that. he is looking to do it again. is this entrepreneurship at its finest or just being lazy? we'll ask him straight ahead. adam: take a look at some of today's winners and losers on the nasdaq. [ male announcer ] what if a small company
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lori: you're going to love this business story.
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at the beginning of the year, formerly jason stadler originally sold his name to a company called headsets.com. he was known as jason's headsets.com. he is searching for a new identity from the highest bidder. human billboard, jason headset.com joins us with more on this venture of him. so nice to see you. start with this, do you not have an attachment to your given last name? do you not identify wit? is that why you're happy to part with it for a short period of time at least? >> yeah. i've had three last names since i was growing up. so i don't find self-worth through names. so i don't have a lineage through a family i will carry forward with these names. i've been a human billboard, like you said. i got paid to wear t-shirts forever. it seeped like it worked out pretty well for headsets.com. >> i would say. they paid you $45,500 in the
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open. how did it work for out headsets.com? >> they saw a increase of sales of $250,000 are r from the winning bid and $6 million in earned media they measured through an outside firm. they were happy with it. got a ton of publicity. ceo said best marketing spend he ever had in the company's history. so it was pretty awesome. lori: they agreed headsets.com for the deal for one year. from what i understand, bidding is underway for the next company name you will walk around with for yet another year. you put your bids in to buy my last name.com and bidding closes on december 12th, correct? how is it going so far? >> literally opened the bidding at zero dollars. that is what is starts at. last time i checked with the phone i started, 8500 bucks f it ended now, it would be ending in 30 days i would be jason you are burger june kiss. i know a guy in san francisco is shane mack.
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he wanted me to be shane mack's brother. a lot of action in first couple hours. i think value is so unique and a crazy marketing opportunity. lori: where do you draw the line? all right, jason i will pay awe million bucks if you go by jason jerk, you have to have standards, correct. >> i do. i have first right of refusal. there were a couple names i would have taken and denied the bid and those were in tens of thousands of dollars. i'm looking for company that embraces it as really cool marketing opportunity. wants to have exposure throughout the year. sales came through for headsets.com. that is a great case study. this is fun and so unique and different and i just love it. lori: your next venture is tell-all book you're financing through crowd funding. when we talk about you being entrepreneur, you're finding innovative ways to make cash, right? so, this is from what i understand you will take o company last name, right? >> yes, yes. so the auction for my last name that is up right now is the last one i will do.
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the idea as i'm writeing a book, called creativity for sale. i'm offering advertising spots on bottom of every page. if you don't have a couple, $10,000 to spend on a last name for 500 bucks or less you can get a page in my upcoming book. i don't want to use a publisher, book agent. i want to publish theeway i want to. i want to embrace having brands on board and tell my story and other on thes -- entrepreneurs make money. lori: you can't be home, right? you have to be out and about for being a walking billboard. >> maybe. >> thanks for sharing story. adam: you came up with a great idea, why not have ads in books, just a page? someone is listening. flying towards a deal. american airlines and us airways settle with the government on their merger plans ahead. what it means for flyers and stockholders. nfib small business confidence gauge hiting a seven-month low. what needs to be done to improve optimism? tweet your responses to tracy byrnes and ashley webster as
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they take you through the next hour of "markets now." t copd li, hey breathing's hard. know the feeling? copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry mouth and constipation. nothing can reverse copd. spiriva helps me breathe better. does breathing with copd weigh you down?
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tracy: i'm tracy byrnes. ashley: i'm ashley webster. big problems for small biz. nfib small business confidence gauge hiting a seven-month low. what needs to be done to improve optimism? tweet us your responses that will be coming up. tracy: plus our exclusive interview with national federation of business chief economist bill dunkelberg. he will tell us what he is hearing. ashley: flying toward a deal. u.s. airlines and american airlines settle with the government to create the world's biggest airline. what does it mean for flyers and stockholders. that is just ahead. tracy: why can't they just get along. facebook and twitter are fighting for the same audience. our next guest says there is plenty of room for both of them but -- ashley: warnings you need to hear before logging on to the online banking site.
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that and much more ahead in this can't-miss hour of "markets now." tracy: that is scary. i bank online. ashley: i do too. i say most. many, people people do. tracy: agreed. time for stocks with nicole petallides on the floor of the new york stock exchange. the dow is down 61 points. what is going on? >> i don't like the online stuff, makes me nervous putting your creeit card or banking online. nasdaq composite is down 11 1/2 points. also like the dow jones industrials on the downside. s&p 500 down eight points, half a percent to the downside. 1764. traders are talking a lot about fed tapering being back on the table. we're hearing testimony from janet yellen this week. vix index moves to the upside. 10-year treasury at 2.77% that is the type of thing that puts pressure on the market. that is the environment we're in right now. of course we'll get weekly jobless claims later in the week.
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back to you. >> thanks, nicole. >> small business confidence falling to a seven-month low in october. this according to the national federation of independent business survey. what is more troubling the growing number of small business owners who don't expect conditions to improve in the coming months. this brings us to our twitter question of the day, what needs to be done to improve optimism for small business? joining us for an exclusive interview, nfib chief economist, william dunkelberg. bill, thank you so much for joining us. what are -- listen, october i think we saw the full effect of the government or partial government shutdown. what were the biggest concerns among the small business owners last month? >> hi, ash, good to be with you. you're right, there is not optimistic outlook here. top issues are the same that we've been look at. always rising health care costs. nothing good is happening there. uncertainty about the economy.
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uncertainty about the government policy, numbers, two, three and four. nothing good happening there. energy costs are coming down. that will be helpful. gasoline has gotten a little cheaper, that's good. cost of regulation and red tape, that is not going down. next three items on the problem list all have to do with the tax code and that's not improving either. so really nothing happened to make them feel very confident what is going on. people are laid off and government deal are, no impact on gdp there. one that is didn't go to work or didn't buy it, little stores that serve them, that obviously hurt some of the small businesses. they were impacted by the shutdown. >> bill, we'll have the budget battle coming up around the corner in january. i guess, bottom line, with all of this lack of optimism there is not a lot of hiring being planned right now? >> there isn't, you know, looking forward, the index
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dropped 2.3 points which is a pretty big drop. that is 23 percentage points across the 10 questions. of course the two biggest declines in in expected sales and percent who think business conditions will be better in six months. that's a big negative number. that is not good. so if you have that kind of a view about the future you will not order inventory. they will not do that. they became very dissatisfied with inventory after being pretty happy because they don't think sales will pick up. ashley: right. >> they will probably deaccumulate inventory. and not hiring people either. we lost four points on the hiring plan. overall it was a pretty dismal performance. no surprise based on what is going on in the economy. ashley: that's true. so what is the one key element of these surveys, bill, that you look at that gives you a claw, perhaps we have turned the corner and things are looking a little brighter? >> i would certainly watch expectations. that's, that's the first thing that has to improve before you're going to see people lay their money on the table and
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actually spend money to expand business and so on. we only had 6% say it's a good time to expand. prerecession that average is 16, including through the 1980-82 period. we're way off that mark. of 68% said bad time to expand, 37% said because of the political climate. washington could help us out here by doing sensible things to deal with the problems that we face. ashley: sensible and washington are not in the same sentence. bill dunkelberg, as always, thanks so much for joining us. we appreciate night thanks, ash. thanks, tracy. tracy: thanks, bill. and you would think they would have listened or heard the cry at this point because bill's been talking how many years now? ashley: he has. not very optimistic for small business. tracy: we have the latest developments for you on the airline industry. get ready for the world's largest airline. the justice department reaching an agreement to allow the merger of us airways and american airlines.
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earlier us airways stock was halted on the news. when trading was resumed it was down as much as 1.8%. it is still slightly down, $23.13. for more we bring in the executive director of the national airline passengers association. douglas, thank you for being with us. i'm sorry, i don't have, why don't i have your last name. douglas kidd, thank you for being with us here. >> thank you. tracy: why are you tell us you're not happy about, other than the fact that it will ruin it for all of us passengers out there? >> i'm not sure it would necessarily ruin anything. our main concern is in any merger that, things that such as safety, aircraft maintenance, and customer service, are not lost in the shuffle. it's important for an airline or airlines to make money. that's very important component of their business. and we want them to stay in business. we want them to be profitable.
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we want them to take good care of a passenger but sometimes the emphasis on profits and profitability alone, tends to leave the passenger, cramped in a seat that's tool small and being nickeled and dimed by fees that, you know, are becoming more and more unreasonable. ashley: douglas, part of this deal the two big airlines will give up some of their slots at laguardia and reagan national. that is hoped that the smaller budget carriers can come in and get a foothold in an area where they haven't been able to before is that the scenario going to play out? are low-cost carriers chomping at the bit to get into laguardia and reagan? >> that remains to be seen. getting into the slots are very expensive. it may well be that carriers may look at them and some may decide to go for them and others may not. tracy: talk about what this does
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for package and points and all this airline miles that i'm gathering with these two separate airlines. this is all coming together. am i going to lose stuff in the process? how does that work out for me at home? >> well, again, that remains to be seen exactly what the new organization, the new american airlines is going to be doing. and i can't speak for them. but, we would hope that they would carry forward these points and, miles and so forth. and, meet the obligations, you know, that re already out there. >> you know, douglas, american airlines has been in bankruptcy. what have they learned through that experience that they can put right now that they joined with us airways to make this giant airline if you like? what will they do differently? >> one of the things we understand that american airlines is doing, is buying a lot of new aircraft that will be much more efficient and much less costly to maintain and to fly than their current fleet of older aircraft.
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and that could result in significant savings as well as improvements for the customers as well. tracy: if i take the airline's side just for a second. these guys are struggling to make money, it is so difficult these days. fuel is down now. but it will be up quicker than we know it. is there, is there any benefit a at least to the bottom line for the airlines i mean that passengers might actually at the end of the day be happy about this? everyone could potentially end up in a win-win? do you see that scenario at all? >> not at the present time. what we see is that the airlines are going to do what they can to stay alive and to make improvements in their bottom line. and that may come at the expense of passengers in terms of fees and higher fares. american airlines did not wind up in bankruptcy because they were charging too much. you know, obviously things are going to have to change there. tracy: yeah. >> whether or not it results in better customer service, again
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remains to be seen and that is going to be up to the leadership of the airlines and their customer service departments to make good, quality service happen. tracy: then it would potentially be a win-win. douglas kidd, thanks so much for taking the time, sir. >> thank you. ashley: customer service, american airlines, don't get me started. >> i know. i know. ashley: couldn't be any worse. >> got to be good that comes out of this. ashley: all right, the winner is, we'll tell you. which of these buildings is now officially the tallest in the u.s.? tracy: and a win for the little guy. charles payne ahead on how investing in a simple s&p 500 mutual fund actually beat those big deal hedge fund guys. ashley: and et-tu, bill. bill clinton taking on the president about break obamacare promises. we're live inside the beltway which is the latest setback for president obama. stick around. when does your work end?
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charles, what would they be doing? >> they're not living up to all the hype, masters of the universe. guys 2% and 20% of profits. by the way, don't question me. i remember a guy who starred hedge fund. one of the investors started limited. can only take a billion dollars. someone offered 750 million. it wasn't enough. only took a billion dollars. could only question him once a year doing with your money. you have got to be, beautiful gig if you can get it. >> better yet, how do they sucker people into investing with them? ashley: for a billion dollars you might -- >> for a while there was mystique about it. this year it might be going away. example, last month, hennessey, index. hedge funds overall were 1.4%. last month the s&p five was up -- s&p 4 1/2%. hedge fund are up less than 10%. you have to be kidding me! i will pay someone exorbitant amount of money, no say, no
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questions about the cash. get 2% no matter what to take care of the office and 20% of profits out the gate? kind of nuts. yet they continue to get money. look at all the gigantic hedge funds guys, particularly on the short side. oh, i'm going to short this and short that. who keeps giving them money. tracy: take for little guy, put the money in s&p 500 index fund. >> that is good takeaway. i'm glad you brought that up. piece in the journal all of sudden great rotation. may be time to get out because the little guy is getting in. get out when the hedge funds start buying. i'm telling every shoeshine person out there, next hedge fund guy that says he is buying let me know. >> yesterday, it is 1/6 of money pulled out of the market. >> by the way it is rotation. money is coming out bond into stocks. not like people are writing brand new checks and hawking the house. tell you, people who have been
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belittled by the media, you know, need to understand that, you know, these masters of the universe guys, they're not -- ashley: not so masterful. >> how many got in trouble this year, for cheating? tracy: that's true. >> why would you have to cheat in this market? you know what i mean? are you serious? you need inside information? you needed to cheat? you needed pillow talk? are you serious? ashley: wow. tracy: we love you, charles. charles payne, good stuff. ashley: pillow talk. it is just a little after quarter past the hour. time to look at these markets. nicole petallides down at nyse. watching news corp, the parent company in the red today though. tracy: that is right. you remember the split, news corp and twenty-first century fox and twenty-first century fox is more of news reporting like us. then you have news corp which is the parent of newspapers and the like. reported 3% steeper decline and revenue. much came from the australian newspapers. that took a toll on the overall
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numbers. the newspapers under news corp include "the wall street journal", "times" of london, the australian, and book publisher harpercollins, et cetera. overall the stock is down 1% however in the last 13 weeks the stock is a winner. it is up 9%. rupert murdoch's news corp today under some pressure but under the last three months they're doing great. back to you. ashley: news corp used to be our parent company. now it is 20 first century fox. make that clear. tracy: old habits die-hard. >> that's okay. tracy: made in the usa, surprised? you should be. why apple may turn to an american company to manufacture a key component for the iphone. ashley: cost of miami doll spins for the bullying charges, it is all next in the fox news minute -- dolphins. [ male announcer ] imagine this cute blob is metamucil.
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>> 21 minutes past the hour i'm lauren green with your folks news minute. rescue teams are still having trouble getting to the hardest hit areas of philippines. the death toll from the typhoon officially topped 1100. many people are still unaccounted for. officials say the death toll could be closer 2,000, much less than earlier predictions. miami dolphins owner steve ross says he will meet tomorrow with alleged bullying victim jonathan martin. ross told reporters he was
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appalled by the use of racial slurs not only in text message by suspended guard richie incognito but in the dolphins locker room. dramatic rescue in virginia beach. a repairmen fell from a water tower and left clinging to safety rope 145 feet up. when fire ladders were too short to reach him. a firefighter lowered down on the rope and be able to bring the man to safety. the worker is report led okay. s. back to ashley and tracy. ashley: thank goodness we're on a desk for a living. lauren green, thank you very much. >> >> apple may start getting iphone and ipad chips from the empire state. a new york-based chipmaker will supply logic chips for the tech giant. jo ling kent joins us for details. jo? >> the albany "times-union" founded global founder chipmaker
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will work with samsung to make chips for iphones and ipads. the center is located in malta, new york, and will produce a essentially a chip that is the nerve center for apple devices. samsung makes processors for apple in austin, texas, it will be used as a subcontractor for periods of high demand. apple knows that well. having additional production center would enhance what the dinse calls samsung's flex capacity. they do not provide details on customer relationships but they say samsung has been a long-standing partner in r&d. we continue to collaborate with them on many fronts. according to ic insight. global foundry is the second largest foundry in the world. samsung ranks third. apple has yet to respond to our request. ashley. ashley: jo, thank you very much. >> jo brought us this story yesterday. china's "single's day" and ashley figured it out, 11/11.
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tracy: all the ones, biggest online shopping day of the year just set another record. e-commerce giant alibaba broke last year's sales record in just half a day. sales topped 5.7billion yesterday, over 80% more than the 3.1 billion it reached last year. man, oh, man, lots of singles treating themselves. the jump in sales shows rising power in chinese consumer and alibaba is preparing for what could be the biggest ipo of an internet company since facebook's 16 billion-dollar market, debut or disaster? just kidding. last year. ashley: jo ling kent all over that story yesterday. tracy: good story though. so that means people are happy to be single and going out to buy stuff. ashley: why not. bit of both. tracy: that would be me. ashley: time to move on. just what the president needed,
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isn't it? bill clinton splitting with him over obamacare. we are live inside the beltway with the very latest setback for mr. obama. tracy: two days away from confirmation hearings. we have analyst ahead on what he wants to hear from janet yellen. ashley: another reason why we may all be walking around with wearable tech in the near future.
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♪ ashley: 90 minutes until the close.
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testicular get the dow 30, almost a repeated yesterday. we had about two-thirds of the stock in the red, the same story today, 19 stocks in the red, 11 in the green. on the upside, cisco and home depot. between these two alone, that accounts for about 20 points of the 66 points and now down on the dow. >> reporter: will show you the first one. right now it's down about 8% take a look at $18, or $0.13 per share. . there are doing the reverse stock list. dish network 35,000 paid
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subscribers broadbent subscribers. tracy: with questions to the senators be asking her? let's bring in the president of beyonce research the law card, fed president law card saying that tapering is back on the table. do you believe that? >> and when i say unfortunately, i have never been a big fan of qe in the first place, what is haphazard way that the fed goes about doing it, we get one decent payroll report, and they
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all have emotional reaction. great. now we can tapir again is the way it goes until we get the next employment report. a little weaker than expected, they will say, the taper is off. one employment report, and that is how the fed seems to want to work these days. it is just an emotional report. tracy: is it the fed or the market? i am with you. the market is emotional these days based on anything that comes out of any fed had speaking of any possible pros got event. is it the fed is making it seem like they are that and short? >> they have 17 members of the fed that all 17 different opinions. tapering is not tightening.
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advocating for tapering in december. when he brought it up that is why the market at such a reaction. tracy: let's talk about yellen. what would you ask her if you're sitting in that room? >> what you going to do but tapering feet? that is the biggest issue. if you want to put it in feds become a tommy but the strategy, we will get out of this. it is going to mess in ugly. that's question one. tracy: less talk about to bring in the markets. you know these markets and how they react. even global a bit of tape bring that they do this is the
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beginning of the end. >> it will be $1 a gun. nor did read the next me more to bring in the next meeting the purchases will be a zero that is why just the talk of it sucks it everyone worked up. tracy: but if you step out of the motion and you think about logic for a second.
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tracy: months away. >> it could. they buy bonds. say it -- so if they start and the market starts pricing now and rates shoot up the mortgage rates shoot up and a matter of a couple of weeks we will feel a lot faster than we do and restarted. so that is the difference with getting out, they could send interest rates sky-high. remember, september, the fed worry that higher rates would slow the economy. well, they could be doing that all over again if they are not careful with the taper talks. tracy: hopefully they are looking -- listening to you. thank you, sir. >> thank you. ashley: breaking news for you. oil snapping two straight days of gains, closing down $2.10 at
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$93.4 per barrel. crude, by the way, briefly trading below $93 per barrel, the first time that has happened since june 204th. former president bill clinton speaking. this new report says that enrollment data says the rollout is missing the mark. on capitol hill with more. >> expecting low enrollment numbers in the beginning of all this. the numbers will be even lower than expected. the problem that the president has said after promising for years that every american to keep their health care plan if the elector health care plan now that is not as if to the case. now he is getting some push back on that and pressure from some big-name democrats. >> i personally believe it even if we take it, the president's should honor the commitment the
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federal government made. >> in an interview last week the president apologized and said the administration will try to fix that, and the white house, again, said that they're working on it. >> the answer is yes, the president has passed his team with looking at a range of options. as he said, to make sure that no one is put in a position where the plants have been cancelled and they cannot afford a better one another like to. >> the problem is, there really is no good option at least that the administration can do unilaterally because so many of the private sector health insurance the base have been gearing up for years to phase out these plans and just make an announcement the jet to go back and reissue those plans some
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problems with that. well short of what was stated will be the administration's target for about half a million at this point. and so we will hear more about the website tomorrow on capitol hill. ashley: more confusing as you into it. thank you so much. appreciated. tracy: facebook and twitter now fighting for the same audience demand we have a guest to says there is room for both of them. ashley: and warns you what to year before logging on to your online banking sites. we will be right back. ♪ [ male announcer ] what if a small company beca big business ernight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading.
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>> reporter: i'm lori rothman which are fox business brief. president obama will nominate timothy as chairman of the commodities futures trading commission in an announcement at the white house scheduled for the next hour. the nomination requires senate confirmation. federal judge meantime has projected former mf global and two of the top directors to dismiss an investor lawsuit over the commodity from collapse. the litigation seeks to hold core design and top colleagues, including j.p. morgan chase and old men responsible for mf global 2011 bankruptcy. and even if he did not get in on the twitter ipo you can still buy a single share. beautiful for framing. selling single share twitter
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stock certificates. the company predicts it will be a top gift this holiday season, and that is the latest from the fox business network, giving you the power to prosper. ♪
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ashley: social needs s looking to move and. the vice president of consulting and a senior analyst. no matter what, should twitter be afraid? >> i don't know if they should be afraid. it should certainly be aware. has to make facebook a top consideration. is it that.
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one of the biggest risks to the business was a business like facebook, but we are believers that if you looked at the social advertising market that we have projected just for the united states we think within five years that is an $11 billion market, just in the states, not to mention internationally there's a lot of room for growth. to me that is a big enough by for both facebook and twitter to build healthy advertising businesses, not to mention that they can use celebrity tie-ins with the television industry to maybe capture some tv ad dollars as well. plenty of users use those channels which means there is enough scale to generate good advertising as well. tracy: the future of advertising in general is on your phone, anyway. i mean, other than tv, what else -- no one is looking a but a billboard anymore, and it cracks me up that there are still hundreds of billboards. i watch them because i am in traffic, but no one looks at billboards anymore. between your phone and television, that is kind of all you have left.
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>> that is exactly right, and if you look at where growth will happen in the advertising business it will be on line, but beyond online it is going to be in mobile the look at where and how that will happen, it will be with advertising format, companies like twitter and facebook have really pioneered. promoted tweeds and sponsored stories and fuzzy terms like native advertising have been invented by facebook, twitter, social me innovators like that to make advertising more effective on mobile devices because that experience from an advertiser brand perspective just as not been good enough yet and has to get better to grow the advertising market and, by the way, to your point, there is a great relationship between mobile devices, and that second screen command tv, which can armlocks and television budgets. ashley: when we talk about facebook end of crowding into the twitter turf, do we mean that they will start providing a similar service with a limited amount of characters and quick pace conversations? because facebook could do that.
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it is not like twitter has a patent on what it is doing. >> there is not a barrier. i do not think it is so much about 140 characters. it's about the overall functionality and experience that twitter has created that is so unique to its users to real time interaction with celebrities, and sponsors, public figures, giving news in real time, seeing for goes to my getting videos, getting that backstage as exceed -- access. this is not new for facebook to release features a bunch valleys that encroach on territory. they have fastback feature in that stream. mimicking what twitter did. so the fact that facebook is trying to develop these deeper the way that twitter has come on a brand new concept and does not have to be literally 140 characters.
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tracy: i would love local ads about upon my throne. someone has a discount for lunch down the street. >> i have one hour and i'm hungry, take me to a place they can give me a deal and one of want. real big believers in the power of local advertising, local targeting, especially at a mobile device. when you put together social connections and a social network, recommendations i can get from my network, community, france on the mobile device the knows where i am in real time, that is a powerful idea. facebook has moved, as we like to say, down marketing a local lead to smaller businesses which has been a big part of the revenue growth of the last year to 18 months. now we know the twitter for the first time has opened up a cell server advertising platform for small businesses, trying to work with more local merchants and local businesses to develop exactly the at experience that you're talking about which is the holy grail for ross. give me what i want where and when i won it. all about context.
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ashley: exactly right. already out of time. thank you for joining us. tracy: it is a quarter till, time for stocks. it is down about 48 points right now. joining me now, the market seems a little unsettled, but it is time, right? >> yes. taking a little back. of small, down 48 points, off lows. but you know, volume is light. people are just taking money off of the table. tracy: what happens. the holidays coming, confirmation hearings the you expect volatility are much more this steady as you go? >> a lot of earnings from walmart, coles, nordstrom's, lot of those resellers coming out which has a tendency to move the market pretty good. you will keep an eye on that. i don't think you will see many surprises there.
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probably nominated, and we will see how that goes. tracy: what is the one thing that gives you a bad night with these markets? >> jobs. i mean, they were good last month, but it is still a problem. a lot of americans now working. the end of the day that is what is going to power the country. people getting jobs. >> sure glad that you have one. good to see, sir. >> thank you. ashley: it is time for your tech minute. not seen since 2002. the first quarter saw 200,000 infections. the united states had 23 percent of those new infections, but even with that cyber criminals seem to be diversifying got targeting countries all of a low of like in the past where there were concentrated in europe and africa. most frequently is used.
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what it does is steele's banking credentials, printing details to a remote server. banks are not the only victims. the international space station was infected with a u.s. piece dick brought on by russian astronauts. the extent of the infection or if it even took place, but it seems to have happened before may when the united states, making them more safe and reliable. music functions to the $1,500 glass device. handsfree access to the company's streaming in downloading music service. problematic that identify the sons and stereos available at the end of the month for 85 bucks. they will display a listen to command and let the lehrer said the name of the sun or artist and then strain the music. so forget about walking and
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talking. now we have to worry about people walking -- oh, yeah. dancing of weather that was. tracy: you can do this all day. my concern, is is not pretty. you only -- i only have to get i make up for one night. that's a good thing. all right. everyone has been waiting for this. he will tell you which of these buildings is now officially the tallest in the u.s. survey. ashley: and dennis kneale with why sex and violence greuel the new tv landscape. stick around. ♪ [ female announcer ] tide pods three-in-one detergent.
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♪ tracy: there are more gay characters on tv these days.
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believe it not, there was a study on that. dennis kneale has all the details. >> reporter: a new report ranks the tv networks by how many gay characters they have. the winner is disney abc family channel. 50 percent of all the programming in prime time the tuesday characters in such popular shows as the saucers and separated at birth and pretty little letters. that one is going to drive televangelist pat robertson crazy. his group founded the channel before it was eventually sold. coming in second, foxes fsx. white towns showed simon and tv coming in third and fourth. history channel came in dead last among 0%. a spokesman saying as a network with feel it is inappropriate and insensitive to ask any of our characters about their sexuality.
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fx is the guest with characters and 40% of its prime-time lineup only three to 5% of the population is actually game. tracy: is seen as very that this is a needed steady. people don't want to be singled out, and we study more. a study on gun violence in. >> in hollywood films. terms of images of gun violence have tripled. films of mastercard-ray have there was more guns. violence alone does not merit an r rating. is that a final film tabooed, sex.
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ashley: gun zero k. tracy: in but you can kill as many things as you want. but that's it. >> i want to know what he thinks of oranges the new black on netflix because you have plenty of gay characters. yet it thing is they're lesbians and they're all in prison. hume. tracy: figure that out. ashley: their will be a steady and in, and sure. be. ashley: it is official. we ts did. this city that never sleeps will be home to the country's tallest building. set to become the tallest building in america upon completion. an organization of leading architect settling the issue, deciding that the head will surpass the chicago willis tunnel. so what gave them the extra edge? that 409-foot antenna on top. tracy: that was a big debate.
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the antenna. >> other buildings called the rest and? and patriotic? ashley: a really nice sight. tracy: if i hold my arm up $1 a new. that's what they're saying. coming up to mike countdown to the closing bell, u.s. airlines in american airways clear a major hurdle. we will be joined by former american airlines president and chairman to find out what he thinks it is the yahoo. stick around. we will be right back. wound she loves a lot of the same things you do.
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i'm liz claman, it is the last hour of trading, and if you're looking for bright spots in the market, what do we have? airlines moving higher because it looks like we finally have a deal. the justice department removing the last major barrier to the proposed merger between american airlines and us airways. so what was this huge stumbling block could now become a steppingstone. today the government announcing that settlement in its lawsuit to block the merger, so what does it get in return? well, the merged airline says it will promise to reduce the number of flights it operates out of key airports like washington's reagan national and new york's laguardia. shares of american airlines, we do see it higher, it's amr as you see, and we have it up about $2.43, that's a 25% gain. lcc for low cost carrier up about a half a percent.

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