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tv   After the Bell  FOX Business  February 6, 2014 4:00pm-5:01pm EST

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big way. if you're a believer in these companies these are your buying opportunities. [closing bell ringing] liz: bells ring down at the new york stock exchange. representing staten island hospital. the dow almost getting there, david. almost 200 points in gains, not quite. as the bells clang on wall street stocks are finishing up. dow is a great story. s&p 500, 1.25%. russell 2000 tacking on another 10 points. "after the bell" starts right now. david: so we were down 7% for the year. now we're down 6%. we're working our way back. if we have many more days like this we'll get back even and bain some. let's break down today's market action, global asset management chief market strategist. with two-ways for investors to play the market.
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robert luna, wealth management ceo who is bullish on this, get this, emerging markets. he will tell you the best ways to play e-m. larry shover on the floor of pits. larry, start with you. is this a -- is this a time to -- >> i don't know -- david: that's why we hire you. >> we have emerging markets today. economic data was very soothing. earnings that came out with fairly decent today. but theebest thing was retail. retail stocks have been a complete washout all year long. we saw a really nice rally in the retail sector this is definitely probably a buyer bull rally. nobody seems to know. is run by confusion, position and technicals right now. liz: i don't know. sandy, lincoln doesn't look confused.
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>> thank you. >> come to this conversation. you're a salty market dog when it comes to the market action. tell what you're advising your clients to do right now. >> that is interesting point you just led with. people got all concerned, it was understandable. weaker numbers on china and connect the dots to argentina and turkey. liz: sandy, two or three days ago, just miss ad big move to the upside here. >> that's exactly right. monday of this week recently as this we connect ad another dot which is weaker manufacturing number in the u.s. people got all panicked about it. we think the trend is more friend than foe. for example the fed tapered in spite of what looked like weaker economic news out of the emerging markets. consumer spending has been decent. corporate profits have been beating estimates. lending activity is up. it is bettory look at trend and sustainable data than some of these distractions that give us -- by the way people were
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yelling for five to 10% correction for the last 24 months. david: there is no bigger correction than in emerging markets. robert, i love your chutzpah to go into emerging markets with guns blasting. you say too many people are throwing baby out with the bath water and the baby you say mexico. mexico within the emerging markets is one that stands out and you should pick that one in particular. why? >> yeah, i like quite a few of the emerging markets right now. the most profitable trade are often the most feared. this is where you have to step up and buy them. mexico is a very interesting story. there are a lot of structural reforms going on right now. we think gdp will go from 2 to 3 up to 4 or 5. david: when you say restructuring reforms, be specific. they opened up the oil industry to outside invests. what else have they doing there. >> that is same thing. telecom, there are big monopolies running commerce there in mexico for a quite a long time. so they're embracing free market capitalism. we think that will lead to much bigger growth.
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right now all the economic numbers are being taken up from like i said 2 to 3% gdp up to four. another thing to remember, their biggest trading partner if you're bullish on the u.s. is the u.s. 57% of their trading comes here to the u.s. of a. we like mexico a lot. it has been a significant underperformer. very rarely do you see it lag the u.s. as much as it did last year so we're buying it now. liz: let's look in front of our noses, larry shover. we have the jobs number coming in tomorrow for the month of january. we have a good first-timeclaimst looked much better. hold on one second. we will go to adam shapiro, he has linkedin numbers. >> they will like this on the street. 39 cents, that's a beat. they were expecting 38 cents. revenue 432.4 million. we'll dive into this and look at membership numbers and premium subscriptions and get back to you. 227 million members. but we would want to confirm
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that. that may be down from the last quarter. david: that is exactly what bothered investors about twitter too. the numbers look good, but raw numbers, dollar numbers look good but membership numbers are a problem. that seems to be liz, what is sending this stock down after-hours. close at 223. the bid is under$200. we'll see if it stays there as we go through desales. adam you're looking through more -- details. give us more. >> 277 is the number. last quarter they had 259 million. they continue to grow the membership base. david: but not bit amount that is they wanted. that is why that figure is down a little. they were up, last time they reported they were up 38% year-over-year. this time it is a much smaller increase, adam. i think that might be what is spooking investors. >> it could very well be. i'm trying to pull up, charlie, do we have what linkedin is doing after market. david: 198 down, exhibitly.
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liz: bid is 197. let me quickly say they're giving guidance for the full year, 2014 revenue at 202 billion to 2.05 billion. the stock is coming well off its close of the day, $223 the they're acquiring a company called bright for 123 million. they expect it to be accretive, i believe? we'll check on that in a minute. they will talk about that acquisition. doesn't seem people are excited at that acquisition of bright, david. david: this is something we saw with twitter. raw numbers can look good but people's expectations of growth of members is so high right now, unless you have that figure going strong you get what you see with linkedin right now which is after-hours a drop in stock value. >> exactly right. and you know long term it's a really good play. i don't think most people realize the large investment they made in people and technology.
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and that will weigh on the stock as we're seeing right now. they are in a largely competitive landscape. they need to figure out, navigate, how to monetize mobile. we do know that page views are down. desktop usage is also down. that is key for company like linkedin. liz: larry, adam has something more on the revenue for q1, the coupe quarter. >> curt guidance 455 to 456 million. midpoint was 4 million -- liz: they have lowered q1 guidance as far as the cloud overs stock. david: robert, you say it is all about earnings. what we see in earnings it differs quarter to quarter. what we've seen in this particular earnings season the dollar numbers don't impress so much on social media stocks as membership numbers do, right? >> yeah, that's exactly it. people are not buying social media stocks dave, right now because they're cheap, right? the s&p 500 was up over 25% last
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year. people are looking for top-line growth. they are looking for companies that can break away from the index. they are willing to give you a little bit of leeway if you show some tremendous growth. these stocks are priced for perfection. unless you beat on all metrics this market can take you out to the woodshed. david: if they don't get more eyeballs and a lot more eyeballs then they're not that interested, robert. >> well that's it. it is all based on five tour growth. one thing i mentioned with linkedin. there about to make a big push into china. i think to sell this stock might be a little premature. revenue per user number is coming up. i would be interested to see what that number is. like you said, dave, top line and bottom line numbers look good but the first quarter they're guiding a little weak is making numbers go down. liz: it is not just your, cult stock, look what happened. one iffy number from twitter
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where they came in with good earnings report, dropped that stock 24% by time all said and done. you like names like william lyon and vince? that is such a cool company. i love them. >> we do. you're right. it is a far cry from the social media world for sure. liz: indeed. >> just take one of those names for example, take a company like bruker. this is a company big into scientific instrumentation. they make everything from spectrometers to molecular diagnostics and everything in between as well, cat scans, mris, to sell to hospitals, to universities around the world, to governments around the world. a good margin play story. a stock selling in maybe the low 20s right now. really improving margin story. a really good entry point for investors, people with the 12 to 24-month kind of time horizon. william lyon's homes real good story on real estate side. they have really attractive land in california, nevada, arizona,
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colorado. they build entry level community homes. they have a lost investor demand. under the radar housing stock, selling 14, 15 times earnings. these two stocks are names we hold in the bmo fund and they are good, solid performers. in this market you really want companies that can deliver. where you're not really sensitized to something as sensitive as you can be in the social media world. david: sandy, these stocks that you recommended, really reflect the economy in general. and the question when you look at a 7% drop in the stock market, well, it is 6% today because of the gain, you really have to ask yourself whether this is, as you put it, a turning point or a tantrum going on in the market right now, correct? >> well i think that's right. there is more evidence that it's a tantrum than a turning point @f the we talked about that at the on set of the show. basically theeevidence is accumulating the consumer is still solid. corporate performance is still solid. the fed still sees economy as solid. i think we see things that are end about. certainly emerging markets are bending. i don't think they're breaking.
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so from our perspective as investor you really want to look for companies that deliver the goods. that is top-line growth. margin protection and don't pay extraordinarily high p-e for a growth story that will not deliver. those are simple guidelines but important disciplines i think. liz: maybe news corporation comes under that umbrella. they just beat on both earnings and revenue. david: good stuff. sandly lincoln, robert luna thank you very much. larry shover weill be back with you when the s&p futures close in just a moment. liz: thanks guys. he is the biggest, not the most biggest, right? biggest names on wall street and every year he surprises investors with his big 10 predictions for the year. first on fox business, byron wein of blackstone breaking down his big calls for 2014. you won't believe where he sees treasurys headed an what he thinks is ahead for the new health care law. david: i heard a little tease of this. you want to stick around for this one. twitter shares, of course they're getting crushed today 24%. we'll talk to an industry expert
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who said in november that the stock was overhyped. does he think there is more room for twitter to fall? tell us what you think about all this. the selloff in twitter, is it overdone? send us a tweet at fbnatb. your answers coming later. ♪ [ bell ringing, applause ] five tech stocks with me than a 10%... change in after-market trang. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day.
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liz: linkedin tumbling after-hours following its earnings release. we head back to nicole. it looks like it is that guidance for q1. >> that is exactly the problem here. they had a good quarter where they saw strong sales growth but it's the outlook for revenue guidance and that is a real disappointment. let's take a look here what we're talking about. so the full year 2014 guidance, revenue is expected to be in the range of 2.02 billion and 2.05 billion. so the midpoint rounded is 2.04 and that's about 6% below, and that's the key word, thompson estimates of 2.16 billion. so this is a revenue outlook problem here for linkedin. the closing value of the stock was 223 and change. it is trading below 200 bucks. so you are seeing this stock move to the downside to the tune of more than 12%. the earnings per share for the
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latest quarter actually beat the street by a penny, 39 cents versus 38 cents and we had revenue numbers came in 447 million, versus 437. so that was okay too. it is really this revenue guidance going forward tore linkedin. over fifth two weeks up 17%. liz: nicole petallides, thank you very much. david: our next guest saw twitter's slide coming long ago but he says it is not nearly over. we have a stanford law school fellow. let's put up what you said the same week that twitter delivered its ipo. you said twitter is going to have a ridiculously inflated valuation and they will justify it for a short period of time and then it will collapse. are we now in the collapse phase of, according to you? >> twitter might have another quarter or two to go because they still have some tricks up their sleeve. the problem here is this they
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have no way to expand. they have lost the asian market as i said earlier. in china, india and the rest of the world, there are other networks that are becoming more popular. it is also not doing that great in europe. how many more people in america will come on board? and here's the other problem. that even the number of users they have is highly inflated. you could go online right now and buy yourself 10 or 20,000 twitter followers. people do this all the time. and twitter knows who they are. it won't remove them because, if it does, their numbers will fall even lower. so they have a tiger by the tail here. david: understood but this may be anecdotal, but wherever you went during super bowl weekend you saw people tweeting bit. certainly the game. there were millions and millions of tweets everywhere, everybody using their mobile phones and a lot of advertisers have found ways to throw in the flash ads on twitter site. so it looks like it's just a
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burgeoning product that is about to explode. >> people use it for occasions like that and will conty to use it. not that twitter is going away. just that the valuation is so ridiculously high there is nowhere much to go. my prediction it will drop another 50%, maybe 35% by the time we're done. not to say it is not a valuable company. it can't justify ridiculous valuations. that's all. david: you think it goes down $2040 a share, $30 a share, what? >> it will go down 50 or 75% from where it is right now because it is that overvalued. it's a losing battle. social media's peak is done. now facebook and linkedin, they still have a lot to go because they're much dirt than twitter but they have become media companies. they have become data companies. twitter can't become any of these. it is a one-trick pony. there is the problem. david: there is another problem with their ad revenue. i'm sure you have seen this.
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in fact you hinted at it before. twitter has an ad metric a lot of analysts find to be very questionable. i'm quoting twitter right now, they say we broadly america sure user engaaement. you were referring to that before but that is sort of a amorphous way of measuring user engagement i think is beginning to hurt them in the eyes of a lot of investors, no? >> yeah. if they start pumping more ads in our stream and we'll get pissed off at them and use other tools. they can still increase revenue more. there is limit to it, if they go too far we'll go to alternatives. there are alternatives. people are using pinterest an instagram and asia has better competitors. there are alternatives that will emerge. that is a losing game for them. david: as i was mentioning with the super bowl, they find a way to target the advertisers who find a perfect, who find twitter to be the perfect vehicle for their ads. they just bought this thing called mopub, which is the
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mobile ad exchange which is supposed to direct advertisers right to twitter. do you think they will have any success in this venture? >> i think facebook is going to enter that marketplace in a bigger way. they're already going after on mobile it is a completely different game. i give facebook better odds than twitter going after those type of advertisers. david: is facebook the winner in all this? you're putting it sort of facebook versus twitter. from your perspective sound if i want to invest in either i put3 my money in facebook? >> even facebook is extremely expensive but facebook has many other options which twitter doesn't. i'm not optimistic about social media. i would not buy social media stocks for the record. if i had to buy one i would buy facebook over twitter right now because facebook has many other tricks up its sleeve. twitter is a one-trick pony. that is the problem. david: is instagram going to beat out twitter? way you put it instagram and twitter are in a race right now,
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sound like what you're saying instagram is going to win? >> and to facebook will build other things. they will get into the snapchat game and build different types of, yeah, trying to build different types of tools over there. facebook is focused on mobile and that's where twitter's strength is right now. i tweet on my iphone most of the time. i don't tweet on the desktop this. is losing game for twitter. good company, but way, way overpriced. david: you called it back three months ago. so we have to listen to what you say. vivek, stanford university law fellow, thank you? thank you. liz: billionaire jeff green is shorting twitter because he says it is like a lottery twitter. david: what do you have? liz: everything is coming up roses and a heart for dunkin' donuts all time intraday high following better-than-expected earnings. the company not stopping there, hoping valentine's day and heart-shaped doughnuts will pump up numbers even more.
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wait until you hear where dunkin brand is headed next when we speak live to the chairman and ceo, nye gell travis. the stock has been a great performer. he is up next. david: the sochi olympics don't start until tomorrow the games are off tonight mayorish kind of start. athletes and journalists are blowing up twitter with a slew of problems they have seen including pictures. coming up we'll show you some of the most gruesome. you may want to send the kid out of the room. ♪
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david: time for a quick speed read, some after the day's other headlines, five stories one minute. sony is selling the pc unit, spinning off the tv business and
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cuttings 5000 jobs. the japanese electronics group says it expects to lose $1.1 billion in the fiscal year-ended in march. volvo cutting 2400 jobs on top of 2,000 layoffs they announced in october. the job cuts affect management, administrative staff and consultants. amazon acquiring double helix games for undisclosed amount. the retail giant says part of an ongoing commitment to build innovative games for customers. kelley blue book announced annual winners of five-year cost to own with brands lowest ownership cost. best non-luxury brand? mazda. most affordable luxury brand? lexus. >> mcdonald's will enter a new southeast asian country for the first time in 20 years. the fast-food giant is planning to open a restaurant? vietnam. that is today's "speed read." [buzzer] he. do you still have more of dough
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doughnuts? liz: one has your name on it. david: oh, my goodness. liz: people are buying doughnuts when it is holiday related. how do you know this? dunkin' donuts reported better-than-expected earnings driven by increased customer traffic and higher same-store sales. i even had doughnuts on super bowl sunday with the colors of seahawks and denver broncos. as the company continues its expansion in the u.s. it is bringing america's favorite coffee to the rest of the world. there you have it, nigel. i photographed my seahawk and bronco doughnuts. my kids only ate seahawks. i best they like the idea of bluizing. if they like idea of your stock it's a great growth opportunity at the moment. what drove your numbers specifically that surprised you this time around? >> well i don't think it was anything that really surprised me, liz. people love our growth story. we've got growth in dunkin' donuts u.s. we have growth now in baskin-robbins u.s. which is
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big difference from our ipo we'll continue to improve our international business. on top of that we had very good comps in dunkin' donuts baskin-robbins. i think we kind of fired just about on all cylinders. think i that that is what people like. they love our model. they love our franchisee friendly approach. they love the fact that franchisees invest money and we get great returns and great mare begins. what is not to love about dunkin' brands? liz: i tell what you i id like. not only did you beat on the revenue, eps, anybody can engineer that but revenue looked good. expectation for revenue was 178.4 million. you came in with 183.2 million. you see on the screen a beat with earnings per share. talk about what you go next. 309 new restaurants open last year. you're looking 400 this year worldwide but china, that's your next stop, is it not? i know you already had the deal signed last year but what are we
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seeing as far as actual stores popping up in china? >> just to correct you on one thing, sorry about this but our guidance for the new year globally is 685 to 800 restaurants but, we're opening up in several places. in china you reference. china, as i've said previously, we were disappointed with our previous efforts in china. we're rebooting china. we signed up really exciting new franchisee. i was on the phone with their management team yesterday. they are very focused on operations. they're very strategic in the way they think. so i am excited about what they're growing to do in shanghai. on the other side in china, on the baskins robbins side, we've got a number of new franchisees. they tend to be young entrepreneurs with a good deal of enthusiasm. i think these days we're really supporting them with great operational intelligence. and that seems to be working. so i'm cautiously optimistic about china. we're very small compared with some of the other brand out
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there. so it is going to take us some time to really grow. liz: right. >> but china is important. but our strategy as we grow internationally is to try to focus more and more on the hi gdp countries in europe, in brazil and placing like that. liz: so i would love to know specifically about the high gdp nation. you can tell me that in one second. i have to ask you, coffee prices just hit nine-month highs. i know you contract about a year. the short-term spasm is not something affecting you but will you have to raise your prices? this is franchisee decision but do you expect to see higher coffee prices? >> the first thing i say we work with our franchisees. the purchases is done by our franchisee-owned purchasing and distribution entity. they do a great job. they're bought out as you say. beyond that they will continue to be very measured how they buy the product. our franchisees faced this
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before. my first couple years they had high coffee prices. what we worked with them increase prices on differentiated products like breakfast sandwiches or doughnuts but not increase the beverage prices because that is where we compete directly with other people. great value for dunkin brand, even if the coffee prices go up. liz: nigel, great to have you, i'm very close to my heart, not a heart-shaped do i nut, the munchkins. my favorite. >> my daughter's favorite as well. liz: nigel, good to see you. congratulations the stock is up 30% year-over-year. >> thank you. liz: dunkin' brands looking good. david: used to call them doughnut holes for the record. liz: munchkins is cuter. david: he released his famous 10 surprises for the year. this is a tradition he started in 1986. in a first on fox business, byron wein sharing his surprises on everything from stocks to oil prices. even midterm elections. liz: it was great there
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unfinished hotel rooms, water the color of beer? david, bugs found in the food. those are some of the problems in sochi as visitors and athletes roll in for the olympics! details if you want them straight ahead. ♪ i ys saye thman with the plan
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introduce them. investor byron wein introduced his stock market predictions each year since 1986. after last year's massive market rally he is here with the 10 biggest calls for 2014. liz: byron wein from blackstone in first on fox business interview with your annual list looking forward. start with stocks, because in 2013 we had a wonderful double-digit run-up for the s&p 500, about 30%. >> right. liz: of course we had a 5% pullback. what do you see for 2014 stocks? >> it's a surprise, i said would be keynesian market and best of times and worst of times and the worst would come first. and we're in the worst. liz: it gets better from here? >> i don't know if it gets better from here. i think it may go lower still but i think the year, overall will be a good one. david: starting when? timing is everything in the market. >> i know. i remember when i came out with this negative beginning everybody said, well what is going to cause it? you never know what is going to
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cause it but what you did know that investors no matter how dumb they were they made a lot of money last year. david: this is question that gnaws at a lot of people with the downturn in 2008. we had subprimes and high leverage into that. do you see anything that could underlie the current downturn, the january downturn? anything really nasty like that. >> china, the emerging markets, the japanese selloff. it is mostly outside the u.s. but durable goods orders were disappointing. the ism was down. manufacturing index. so there could be signs that the economy is slowing. now, i don't think that is the case. i think it will be a good year for the economy. liz: well, the u.s. economy expanded at what, 1.9% in 2013. >> less than 2%. i think it will be more than three. liz: more than three. >> in 2014. liz: let's spin it forward to jobs. the january jobs report is coming out tomorrow. how do you think the jobs picture will improve? again the last time around we saw a change in the unemployment rate because the participation
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rate had come down. >> yeah. the only reason we're at 6.7 is because the participation rate has come down. i do think the unemployment rate will go to six but i think with a more normal, 63, 64 participation rate. we're below that now. david: you have one prediction that would make president obama happy. you think that for all the crap that we've seen with obamacare that it is going to turn around -- >> it is turning around. david: well, but still, people will say to that, not only do we have computer, more than just the computer glitches. we have small group insurance plans coming out which will affect businesses that employ 100 people. 40 million americans could lose their insurance policies. won't that, and that will happen right, those letters would go out around september right best elections. won't that hurt. >> it would terribly hurt. but they're going, no program is broad as this could ever be introduced without some mistakes. they will correct the mistakes. they're doing that already with the younger people signing up.
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they did it with the computer glitches at the beginning. they will improve the program. all i'm saying is, it was a disaster at the start. there will be a turnaround by election time. david: nowhere to go but up? >> right. well, and it is going up. it is getting better. liz: sectors, are there sectors that you feel will really outperform others? >> i like, i have always liked the open-ended sectors, technology and biotech. that is where i made most of my personal money. i think that is going to continue. i think we're on the brink of an important biotech change. you're going to see. you've seen a lot of new drugs, hepatitis-c, alzheimer's drugs, cancer drugs, multiple sclerosis drugs. we're, i'm not going to say we're going to cure these things but we're going to alleviate the problems caused by them. david: it is not as exciting as
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saving mankind but social media stocks, billions of dollars in advertising are sort of weaning their way slowly into the social media. the question is when they go whole hog. the question is, when will twitter, facebook, stocks like that will they eventually succeed or will they fail to pull all the ad dollars? >> i think they will succeed. i think they will pull ad dollars but it is clear to me they will be as profitable as investors think they will be. so i think -- i. david: the twitter pullback right now is justified, do you think. >> i don't know. social media stocks kind of baffled me. in 1999 people were not valuing stocks on earnings or revenues but eyeballs, i think there is a little of that going on. liz: the federal reserve has begun to taper their large-scale asset purchase, quantitative easing. now it is at about 20 billion sliced off of the5 billion per month that they have done.
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how is this absorbed by the market? do we accept it? do we understand it? does it cause any problems? >> last year i made a big point of the fact that the market was being driven by fed easing because 75%, according to my calculations of that monetary easing was going into financial assets, stocks and bonds, keeping stocks up and keeping interest rates low. right now,. i don't know how much the 20 billion is affecting it. it is not a positive and i was counting, everybody expected tapering but what you also expected is that the economy would have enough momentum to offset it, that is the big question. i think it does but right now it is kind of a standoff. david: nice to see the market rise on the basis of sound economic policy though, wouldn't it? >> well, i don't know that we have unsound economic policy. look the economy, the government can only do so. the economy has to do what it is going to do on, based on its own
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underlying fundamentals. liz: byron wein. we'll put emon facebook.com/afterthebell so you look them in more detail. >> thanks for having me. david: thanks a lot. >> remember toy's muppets commercial from the super bowl for the updated highlander suv? toyota is hoping the truck will drive record profits this year. guess what? we have toyota's sales chief in the u.s. about his pipeline and what is in the product pipeline. david: u.s. postal service is banking on a very different business model in the future. averaging up billions of dollars of losses, could you be seeing your banking at the post office, would you want to? that story coming up next. no ♪ [ male announcer ] e new new york is open.
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simple, flat rate shipping with the reliability of fedex. with the quicksilver cash back card from capital one, it means unlimited 1.5% cash back on everything you purchase, every day. it doesn't mean, "everything.. as long as you buy it at theas station." it doesn't mean, "everything... unl you hit your cash back limit." iteans earn 1.5% cash back on every purchase, every place, every occasion, all over creation. that's what everything should mean. so consider... what's in your wallet? liz: we know athletes spend years preparing for olympic excellence.
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apparently the same can not be said of this year's host city sochi. aside from the political and security concerns which have been out there, athletes and journalists have been talking about some other issues that sound a, pretty awful. discolored water. take a look which a hotel advised customers not to use to even wash their faces let alone drink because it contains, quote, something dangerous. and then there were no more details. water that looked like the color of beer or something else. then, there are the wireless routers that were left hanging in the corner of one man's hotel room, just hanging there. surprisingly perhaps they actually work. well, at least, the honey is all natural. but look closely. you can see the package came with a bee included. maybe a little extra sting. actually that's a nice selling point the. david: protein. liz: what the heck is this? the not to worry, athletes will have plenty of time to discuss all the problems because there are side by side toilets.
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they're not big on privacy, david. david: oh, boy. family that blanks together -- it is nation's biggest auto show when it comes to attendees. this year has a healthy share of new models including a souped-up toyota tundra designed to go ahead with ford's f-150 with an aluminum body. liz: jeff flock live from the chicago auto show. show it to us, jeff. >> i'm inside. it is warm. i may be in mud but it is warm. this is a off-road course toyota took a week to build inside mccormack center. that is tundra on the off-road course. they have mud, they have cactus. you name it. bob carter, the sales chief of toyota telling us exclusively today, shooting a shot over the bow of his competitors with the tundra and f-150 for ford and then also had some things to say about some competing auto executives. look at what he had to say about his pals elon musk and carlos
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ghosn. personally, i don't care what elon, carlos and jonathan say about fuel zest. talking about hydrogen fuel cells. it is future. reminiscent of 1998 and 1999 when we first introduced the prius. >> i was just having a little bit of fun. it's a very competitive business. but hydrogen fuel cells i believe, i truly believe, have the potential of way we're going to think about transportation in the future. may take, 10, 20 years for this to develop but prius is, as everybody knows today, it took us 20 years to develop that vehicle. hydrogen fuel cell, we've been working on this technology since 1992. i've driven it. it's real. it's a fantastic vehicle. so it was a friendly little jab at those competitors saying it will never happen. stand back, watch this. >> once again toyota may be one step ahead than everybody thinks? >> well we're trying but we're all working to meet the needs of the consumer.
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>> i'll tell you, bob carter, never one to pull punches. i'll tell you, they're getting muddy out hire. the trucks and maybe execs too. that was a tundra that went past us there. this is pretty cool. i feel like i'm outside but i'm inside and it is warm. i love it. david: finally you're warm. liz: big pile of dirt, jeff. >> i like dirt better than snow. david: jeff flock, willing to go anywhere for a story. all right, jeff. liz: have a good time. the u.s. post-office is proposing new way to generate revenue and involves managing your money. would you let them? we'll have details next. david: cast canned crew of "the hunger games" heading back to work since the death of philip seymour hoffman's death. how will they replace hoffman in the final scenes? we'll tell you next. ♪ so ally bank really has no hidden fees on savings accounts? that's right, no hidd fees.
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liz: struggling u.s. postal service has come out with a pretty bold proposal gathering support in congress. 9 financially-strapped institution is looking to get in the banking business to fix its financial problems earnings can you imagine? rich edson on capitol hill with
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the latest. rich, my mind boggles when i think of this. >> well, david, the point at least from the post office's point of view they would partner with local banks to provide financial services there is backing in congress. senator elizabeth warren from massachusetts writes, quote, if the postal service offered basic banking service, nothing fancy, bill paying, check cashing, small dollar loans could after affordable financial services for underserved families and at same time shore up its own financial footing. the postal inspector says it could net $9 billion a year. there are significant losses at the postal service. 2007 losing $5 billion. by 2010 that is $8.5 billion. by 2012, $15.9 billion. over last three years that total is $25 billion in losses. but there is opposition to this proposal. mostly from banks who say that the government should stay out of the banking business. >> you can do a great deal of damage when government starts
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dabbling in the financial services arena because government is at its heart, a political animal and so politician shuns are tempted, i don't care what party you're talking about, are tempted to influence those financial decisions in one way or another. bad idea. because you're playing with people's financial futures. >> any change at the post office wants to make to its business model has to go through congress. they have been requesting a number of different changes for years. they have been stuck in congress. even senator warren acknowledges it could take time before you do any of thighs financial servvces at your local post office. back to you. david: i can wait. i can wait. i'm on the record for that. rich edson, thank you very much. >> thanks. david: cast and crew of the latest "the hunger games" movie are devastated as we all are by the death of one of the stars, philip seymour hoffman. they found a way to keep his spirit alive. details in a moment. liz: we asked you if you thought the selloff in twitter was now
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overdone, clipped 24% off the share price today. we have your answers coming up. don't go away. ♪ hi, are we still on for tomorrow?
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tomorrow. quick look at the weather. nice day, beautiful tomorrow. tomorrow is full of promise. we can come back tomorrrow. and we promise to keep it that way. driven to preserve the environment, csx moves a ton of freight nearly 450 miles one gallon of fuel. wh a day. can't waitil tomorw.
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david: let's go "off the desk." philip seymour hoffman still had a week of filming to go in "the hunger games" mocking jay part two, and now looks like the role
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will be completed using computer-generated imagery, cgi. he played in the film's franchise. there is one key scene for the finale has not yet finished. "the hunger games", mocking jay, part two, is due for release november next year. liz: we ask if the selloff if twitter's stock is overdone. dan said no. with all the twitter's growth coming from ad revenue it will hit equalibrium and i don't think twitter will come up with another stream of financial revenue. number two thing to watch tomorrow, is linkedin. it is following q4 earnings report. linkedin projected revenue for the current quarter is delow analyst estimates. david: about a 7% loss. number one thing to watch, of course, 8:30 a.m., here on fbn. january's jobs reports. economists expecting non-farm
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payrolls to rise by 185,000. you had a guy on your show a whisper number is growing, maybe 300,000. mites be a blowout tomorrow. who knows. liz: have to watch fox biz. melissa is next. melissa: we're starting with a wall street smackdown. big twitter troubles. the stock, a huge market loser, plunging more than 20%. analysts downgrading the company and lowering the price target. we're going head-to-head. even when they say it's not it is always about money. melissa: in case you were wondering that deafening thud you heard today was twitter crash landing on wall street. the microblogging site plummeted almost 25% today as investors flew away in droves but twitter's dive is not the only huge story right now. former s

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