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tv   Markets Now  FOX Business  March 25, 2014 1:00pm-2:01pm EDT

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can't win them all. two winners for you, i cheryl casone and adam shapiro will take it now. cheryl: i will take it here. adam: will king crushed expectations? the ideal market off to its best start since 2007 and there is no sign of things going down. the one hit wonder king digital kicking off a busy week of stocks going public. cheryl: jpmorgan losing one of the few people who could take over as ceo. charlie gasparino enforcing details on the latest developments and the most significant exit at the bank after a string of leadership the partners. adam: the food stamp economy. for the first time walmart revealing how pour its customers are. the top retailer is hooked on public assistance. i am adam shapiro. cheryl: i am cheryl casone. a double whammy of less than stellar data.
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come prices falling a third straight month, new home sales falling to a five month. adam: what will jump-start the housing market? tweet us that cheryl casone or a j chaps. cheryl: after months of speculation, box announcing plans to file its initial public offering. the latest hot tech company to jump into the public for a. joline kent joins us with details on what we can expect. >> box aiming to raise $250 million. if you have a question for investors why go public right now with so much venture-capital out there? the filing just needs money. box was recently valued at $2 billion but only has 100 in million dollars of cash and equivalents on hand, if you do the math, box has less than a year of byrne left. year end january, posted a net loss of $168 million versus
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revenue of $124 million anthony s. 1 filing. and not profits in the foreseeable future, but aaron levy is bullish about what lies ahead. the 29-year-old is counting on revenue to grow and in its filing, research from idc saying digital information is expected to the 300 fold. and higher demand for the storage and contents. and by the fortune 500, they are paying customers. oracle's president mark hurd wade into the box idea telling maria bartiroma this. >> i do think it is the investor trying to prognosticate. the future of the technology industries headed and trying to make that based on those prognostications. >> google drive, amazon web
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services, microsoft, down 2.8%, the ipo is being led by morgan stanley, jpmorgan, those guys are pretty busy with ali baba as well. adam: the box idea may be coming soon but one of the most anticipated ideas is pricing tonight. can be crushed maker digital king management is set to hit the stock exchange tomorrow between $21 and $24 a share. chris nagy is the ceo of choral group that he says king needs to prove to investors it can last and wind up being another zynga. how are they going to avoid becoming another zynga? i they outpacing zynga given the revenue for this year? >> that is right, adam. so vote real issue is in the case of king digital, it really only got one game that is out there and unlike zynga which gained is on facebook, they put
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their games on a lot of mobile applications so they are counting on that for the revenue stream. and the ipo, quite a bit of a discount compared to where zynga is trading at. from all standpoints it looks to be a pretty good deal. cheryl: they are coming in $224 a share. that is the range, 22 million shares they are offering. this puts market value at $7 billion on king but the big concern is out there, in general they got one game and although there are new games in the works for them many on the street i very skeptical if they can deliver past the idea. 7 >> 70% of their sales are dependent on the candy crush saw that game but what is interesting about that is the
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game appeals to win in inert 20s. the games played over a billion times a day. comparing that to the broader market we have 60% with king can be crushed game versus 45% of other applications. and some interest in the stock, appealing to a different demographic overall, took to differentiate. adam: you sent to us some of the best performing ipos this year and as you look at the chart, the majority of them are health care, nothing to do with gaming or apps. should we be waiting for the next health care idea to get in on this action? >> that is a great point. when you look at the sector
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overall, we have 53 to 60 ipos this year, total return on those is up 31%. the ipo market is predominantly driven by health care. this week alone we have nine coming and five of those in tech. next week as well we have got i am f coming which is another tech name. the tech ideas are starting to pick up steam rolling along into the second quarter of the year. cheryl: if there was one idea that was most anticipated for 2014 this is it and the u.s. just winning that listing in hong kong for example do using that will be more of a try? a lot of chinese companies see the list on the nasdaq but do you see more for an ipos coming into the new u.s. market because
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we were perceived as being more publicly traded and other countries? >> i agree with you absolutely pave the way for chinese companies wanting to come to the u.s.. retailers from j.d..com and rego which is a twitter like application, to list in the u.s. clearly ali baba is a win for the u.s. market but is it a good win for investors and a good investment? that remains to be seen. was a couple months before ali baba ultimate becomes to the marketplace. adam: thanks for giving us perspective on the ipos. cheryl: sandra smith is watching google, announcing a new partnership with where rebel tech google glass. sandra: with this eyeglass
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maker, this is a stylish company google is opening, and sunglasses, and google's internet connected glasses a little more cool and stylish than you and i go. it is based out of italy, but designed to develop the connected glassware which so far is only available as an expensive prototype in the u.s. google glass is of interest to a lot of people, it would record a video, e-mail, search the web and stylish glasses to potential millions of customers. google had jumped earlier and came off as a lot of shareholders are analyzing what the deal means, a 4% on word of this deal. wall street analysts are big fan of this move with one saying, quote, the challenge of
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convincing consumers to wear consumers on their face is a fashion problem. a technology problem. we see things play out with the stock but the special glasses can be bought by u.s. presidents, according to google's web site so still very expensive but the reason it is a wide consumer market would have to be put on sale for a much lower price, and cheryl and adam making it more and incentive for folks to buy them and be a little cooler. just letting it out. >> this sunglasses are probably made by this company, and i wear sold, they have a hold on the market. cheryl: that is a great point. thank you so much. adam: you could make it pinto look stylish. president obama discussing a new
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plan of ending the bulk election of american telephone and that data. the plan will require phone companies to hold on to those records for 18 months. >> overall i am confident allows us to do what is necessary when it comes to the dangers of a terrorist attack in a way that addresses the concerns people had raised. adam: this as leaders adapt a similar bipartisan bill also aimed at ending nsa's mass gathering of data. cheryl: google glass headed to dr.'s office near the. the ceo will be joining us on plans to help doctors count down on paperwork to spend more time with their patients. adam: in vladimir putin where hurts, taking the hearings on natural gas exports to weaken russia's handing ukraine. cheryl: another key departure at jpmorgan. charlie gasparino will join us on the latest domino to fall.
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adam: jamie dimon's in research and is getting smaller and smaller. michael cavanagh, co-ceo of the investment-banking unit and a rumored era parent to jamie dimon, colleagues in the industry's leading the financial giant to drilling carlyle group, charlie gasparino has more on the exclusive details. >> at jpmorgan and what is happening, the major private equity funds, and power broker and washington and new york, what this says is very able executive is the former cfo, of jpmorgan. if he was the era apparent that their apparent did not happen for many years.
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jamie dimon, jamie thinks he echoes the worst of the problems, and stock reached a new high today. and jamie dimon is going nowhere soon, nominally number 2, the c o 0 of max aims, nothing written in stone, these guys are young, switching around the deck chairs for a while, that is my phone, i am sorry, and if this is a negative here it is down a little bit. it is clearly jamie dimon is losing people that were around him for a long time. it made him a very effective ceo. that is the negative. it is clear that cavanaugh is
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the heir apparent, and a founder of carlisle, the longtime ceo, newly created position. >> the co-president, newly created. >> he has been trying to woo a top wall street executive to the firm nominally as his heir apparent. he asked greg fleming, wealth management she, and longtime wall street executive, the interim ceo of merrill lynch before the transition to banc of america during the financial crisis, the most stable wall street executives round, with -- with john payne, a former ceo at the time. this is a big guy, a smart guy,
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he wafted fleming and what he got was cavanaugh, not exactly a step down, cavanaugh is an able guy as well. this says a lot. i think this is an interesting story that says a lot about jpmorgan and carlyle. clearly it says 3 jpmorgan there is no succession going on. jamie dimon will be there for a while. obviously he will have a succession plan. every company does in case something happens to him but this is singling the concession plan at carlisle. carlisle is private equity. we should point out it is clear that cavanaugh is not in their running. it is not the guy, clearly in the running and it is clear that david rubin steen who wanted a wall street guy went for greg lemon and it is mike cavanaugh. adam: jpmorgan chase, jamie dimon stays in place, shareholder perspective.
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>> you play that both ways. adam: would they be forced to break the bank apart? would you need people like cavanagh there? >> i don't think he will do that. one question you have to ask all these guys, this gives james gorman over at morgan stanley of very strong hand. he has three pretty good executives under him, fleming as i just mentioned, his head of wealth management, the investment bank and the cfo at this point, those are is very, very strong executives, not strong executives. jamie is losing that. i don't think this is a good sign. you lose that if you think the guy at the top will be there forever or if there is somewhere else to go. he has somewhere to go because rubin steen wanted a number 2 and tried for greg and couldn't get him and he is getting mike
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cavanaugh, greg fleming is much more experienced investment banker but mike cavanaugh is a solid guy. cheryl: yours is kicked out. the kitty roof. adam: he breaks the news on twitter, we have been getting responses. adam: that was the name and morgan stanley. adam: we asked folks what it would take to keep this housing recovery as the market picked up. i got a response from philip rich edson who says jobs, full time job employment, thank you for responding. do corporations have a right to religious freedom? that is the battle playing out at the supreme court. we will take you there live, kathleen sebelius vs hobby lobby. >> seasonal softness isn't the bottom. our next guest on why he says it
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is the unconventional housing recovery that is troubling him. adam: tweet us that cheryl casone, what you think would jump-start housing.
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cheryl: home prices and new home sales dipping, winter weather and higher mortgage rates continuing to drag on the sector. tim route is joining me. we should let you know our twitter question of the day is the following. you have two more lackluster housing reports. what is it going to take for housing to pick up at this point like it did last year? >> your guest or the person writing in mail that. jobs a lot of problems in this country and we are apathetic job market. the macroeconomics of housing a pretty simple. you have economic growth, people get jobs, make more money, create households and they buy homes. the situation we're in now, a pathetic job market artificially low interest rates, inventory that is suppressed by the fact that so many people are under water on their mortgages you
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have aggressive investors and no new home supplies. cheryl: the other side of this is case schiller today, different stories happening in different cities but the fact is in some cities prices are jumping much quicker than those buyers can catch up with and that is pricing a lot of people out of the market. that is not even the job story, just people can't get into these homes fast enough. >> a great point. housing is local. there is no national housing market but that appreciation in hot markets is exacerbated by the fact from an affordability standpoint anyone thinking about moving up has seen property values go up 25% over the last two years but that extra juice from interest rate rise equate to another premium of 12.5% which makes too many people think they missed the window or can't rationalize.
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cheryl: not just that but what we have seen through the housing crisis is many pension funds and endowments and cash investors were buying these properties but now when they sell them on the market the problem is the buyers are not there because the interest rates and job situation, what does that class of people do? does this mean we will see prices start to fall in 2014 because of this pressure between the investment community and the home buying public? >> one of those unanswered questions. what we going to do? the investors, we have never seen investor our participation in the housing market like we have seen. is not clear what their patience is going to be. cheryl: this is historic. >> another level of unprecedented us in this economy. everyone is waiting with bated breath to find out if these have the patient--the tolerance to wade out the housing boom the, the rise and whether they will
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stick in for the long term. i got a lot of evidence that they are going to hang in for a while. 4% or 5% appreciation which is will we are looking at the next couple years is pretty attractive on a leveraged return basis. cheryl: many americans are looking to buy homes. they should be doing it now we are not getting the data points we should be. thank you for coming in. good to see you. adam: we ask and you have been answering what would jumps out housing market? frank stephens says a rebirth in true entrepreneurship and personal responsibility will build our economy. gillick rich says -- that was phillip richards. he says jobs. and held the job market would help the real-estate recovery and i just got one in, legalizing marijuana which is what they are talking about doing in new jersey introduce legislation to do that. they keep coming for general motors. we are learning the automaker
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misled families regarding the dangerous ignition switch according to a result by the new york times. the defect was in 2009 confirmed at a meeting of gm engineers. nicole petallides on the floor of the stock exchange looking at the impact on gm's stock. nicole: tough time for general motors and everybody talks about the losses being a real over hang for general motors and the new york times is reporting there were grieving families, general motors actually ignored the flaws they had seen, and it occurred because of the flaws were before 2009 and the new york times investigating what was after 2009 and finding some of them may have in fact been tied and related to the faulty ignition problems we have seen. in the meantime senator richard blumenthal wanting to establish compensation for consumers affected by this and pressure on gm to pull those 1.6 million vehicles off the road that had
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been recalled. adam: silicon valley's trailing san francisco. 2010-2013, a 50% growth in technology jobs, down south the growth was 14%. the ripple effect can be felt in san francisco's economy where general living costs are skyrocketing. experts say young entrepreneurs, to venture capitalists and clients. all things the governor of california need to keep an eye on. the war chest building up as the race keeps up. democratic incumbent jerry brown has amassed $20 million, top contributors read hastings of netflix and now after co-founder sean parker. on the opposite side for u.s. treasury official, raising the one$.3 million since announcing his campaign in january. vladimir putin is hot.
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the legalization of marijuana in washington and colorado. a new problem has emerged. getting into their owner's staff, cookies and brownies. the concentration is so high, colorado state university, a rising -- intoxication. they keep a leash on the pot. take the pot away. in colorado. adam: a lot of money to waste. girl scout cookies galore. and 30 years. cheryl: not just cookies in high demand but europe could use natural gas. and lawmakers look at something greater.
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so maybe we need to approach things dferently, if we want to be ready for a longer retirement. ♪ cheryl: got a biz alert for you right now. open for business. that houston ship channel is open to limited barge traffic. this is good news for more than 140 ships currently waiting to enter the 5-mile waterway that connects to the port of houston with the open ocean t has been closed after a barge was struck by a ship. it spilled 4,000 barrels of oil there. exxonmobil said the closure forced the company to reduce fuel production at the baytown, texas, refinery. at this time exxon expects to meet its commitments. the stock is higher by 42 cents. let's look at oil while we're at
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it. oil besides the geopolitical pressures on pressures. we're still, adam, almost at $100 level, which is still surprising. adam: heightening tension in eastern europe is calling for lawmakers to ease restrictions on u.s. natural gas exports to our allies in europe. committees in the house and senate are holding hearings which address the issue. peter barnes is on the story and he joins us from washington with the very latest. peter. >> adam, that's right. washington is moving faster to increase exports of liquified natural gas. the obama administration gave the green light yesterday to another natural gas export project, the 7th one. the energy department has been criticized for dragging its feet on these approvals. it did not say yesterday if russia's takeover the crimea was a factor in this latest decision but the energy secretary hinted last week that geopolitical considerations could now be
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factors. congress is also moving to speed up the approval process with several bills it could act on shortly. russia supplies europe with about a third of its natural gas and has not been shy about cutting off supplies to threaten the ukraine and europe. the push comes as the u.s. is becoming the natural gas superpower of the world thanks to fracking. the energy minister of lithuania testified today that his country gets all of its natural gas from russia. it is tired of getting bullied and needs help from america. >> let me also be one% transparent. i am -- 100% transparents. eer here to plead with you and your colleagues to do everything within your power to expedite the release of some of your abundant natural gas resources into the world market. >> some environmentalist, democrats and manufacturers have opposed increased natural gas exports on environmental ground and over fears that they could
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boost nat-gas prices here at home over time and critics note that with the first terminal coming online in 2015, exports won't begin quickly enough to help the ukraine and europe now. adam? adam: peter barnes. an important point to remember. thank you. cheryl: well let's head to the trading pits of the cme and fox business contributor phil flynn of price futures group to get his take. phil, some say the export approvals would move the u.s. into superpower territory. do you agree? >> absolutely and believe it or not the threat of u.s. exports is already having an impact. the critics are wrong. in fact eastern european countries right now are negotiating with gazprom, the russian state oil company, for long-term contracts. they're saying, hey, we better get a better deal because the u.s. is going to be a player in the future. why should i sign this long-term contract? people have to realize, a couple of years in the world of energy isn't that long. and believe it or not, just the
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anticipation of this supply coming online is already putting pressure on, on russia. let me tell you another thing. if russia, the main reason they went into crimea in the first place because they were worried that crimea would start to produce their own supply. thereby, you know, taking away their monopoly on the region. this is a big fear thing to russia. cheryl: yeah, because also because crimea controls a lot of those pipelines going directly through the country. so that is jeopardy as well for the russians. >> yeah. cheryl: makes sense. phil flynn, thank you very much. we'll see you very soon. >> thank you. adam: snow is failing to stop protesters outside of the supreme court. the rally as the nation's top court hearings arguments challenging affordable care act requirements foreemployers to provide contraceptive coverage. cheryl: very controversial story. also this. walmart, it has an image problem. the world's largest retailer reveals profits could slip when food stamps are cut.
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we'll have that next. ♪ [ male announcer ] what if a small company became big business overnight? ♪ 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. company profile. a research tool on thinkorswim. from td ameritrade. a research tool on thinkorswim. if ...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.
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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? don't wait to ask your doctor about spiriva. adam: time for headlines in the fox business brief. ebay is urging shareholders to veto carl icahn's paypal spin-off proposal. the activist investor has been calling on the e-commerce company to sell at least 20% of its paypal payments unit in an
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ipo. ebay says taking the two apart would destroy value and synergy. u.s. consumer confidence rebounded this month. the conference board said its confidence index rose to 82.3 in march from a february reading of 78.3. it is the first time the index has been above the 82 level since last june. new fed survey found 51% of the smartphone owners used their device for mobile banking over the past year, up from 48%. that report found more people are accessing financial services, checking a balance or actually transferring fund via the telephone. that is the latest from the fox business, giving you the power to prosper.
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cheryl: we're getting some breaking news into fox business. google announcing a bold plan to overthrow amazon as the king of the cloud. listen to this, google is slashing prices for its cloud
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computing services an storage. tech crunch reporting its cloud platform event in san francisco is cutting prices for virtually all of the cloud computing services. the price of cloud storage is dropping a 68%, 2 cents per month foregigabyte. google and amazon matched their cloud pricing. that news just breaking, adam, on google. adam: hey a walmart warning that cut in the government food stamp program could end up hurts its profits. we want to bring in -- cheryl: liz macdonald. >> there is lot of debate about this disclosure in walmart's filing. it is under its risk disclosures. let's take a look really what is going on here. walmart is coming unfire. here is what walmart is essentially saying. saying that the cuts by the government, show it on the full screen, cuts by the government in stood stamp program, business operations are subject to numerous risks factors and
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uncertainties domestically and internationally outside of our control. next screen here. specifically citing snap, meaning the food stamp program and the government cuts to the food stamp program. there is, walmart already is under fire, right? basically their workers have been known to be on medicaid or even, their own workers. lear is what is going on with walmart, by sec regulation they have to disclose anything that is a material risk to their profits. you know, cowan and associates, analyst there saying, hang on, sorry about this, cowan and associates saying one in five walmart shoppers use food stamps and why? because half of walmart's revenues come progressry sales. cheryl: who is criticizing them? put think about it, if you're on food stamps and go to walmart you can feed your entire family because they keep prices low. i understand employees is different story but i mean people need to eat, i'm sorry. >> that is a good question. who is criticizing? i did some analysis here and looked at the blowback on
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walmart's disclosure. you will see, other media, i'm not going to cite the names, but other media say, yeah, walmart of course -- cheryl: evil company. >> same old-same old. walmart should have disclosed that its own workers were on food stamp as well. so that is where the criticism is coming in. without taking a sober look why walmart is doing this and if you, you know, walmart's financials for the last several years, if not, five, 10 yerkes they have been slowly moving into the grocery space, right? so that is the issue. adam: raises a huge issue, some americans don't have jobs pay them enough to buy food and that is why they're on food stamps. that is issue we haven't tackled yet. >> that is also an issue. the fact that walmart put this in risk factor hitting bottom line as key, right? kroger and safeway would have a great quarter. you would think walmart would have a great quarter with the holiday season. it didn't. we'll see more disclosures and
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more biased criticism and unbalanced and not sober why walmart by law has to disclose given half the revenue comes from groceries and people use food stamps to buy there. cheryl: thank you, liz system another challenge to the affordable care act this time focusing on obamacare's mandate that companies provide contraceptive coverage to employees. two companies are violating that claiming it violates their religious beliefs. fox news's shannon breen outside of supreme court. shannon. >> well the owners of these two specific companies say that for them there are four specific drugs they object to because they believe they trigger abortions and they say they're protected under the religious freedom restoration act passed by congress across the street. the administration says, not so fast. owners are one thing and corporations are different and corporations could not have a religious beliefs.
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it was heated argument. the justice are pretty evenly divided over issues. devoutly owners after the arguments, say they are surprised they're even in this position. >> we never thought we would see a day when the government would tell our family we could no longer run our business in a way that affirmed sanctity of human life. when the government would actually force us to be complicit to the potential destruction of human life. >> despite the very nasty, snowy cold weather here today, demonstrators were out in force. one side arguing no one wants to block access to any kind of contraception but employers shouldn't be forced to fund it. other side women should have cost-free access to all contraception and companies have no right to deny them that. >> what is at stake in this case, whether millions of women and their right to preventative care, including birth control is trumped by the a handful of ceos who have their own personal opinions about birth
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control. >> during the case itself there were arguments several times why there isn't just really a choice here, at least according to a couple of justice. why doesn't the company drop insurance for everybody, pay the fine that would cost hobby lobby, the primary company in this case about $26 million a year. but, it would be a lot cheaper than if they continue provide insurance and paid a fine for not providing all the contraception. that would run them about $475 million a year. the company owners say they have a real conviction making sure their employees have quality health insurance coverage and they don't want to make that choice. cheryl? cheryl: shannon bream, live in washington. thanks so much. adam: giving your doctor a extra set of ice. the tech startup with google glass to help doctors with their patients. on the three million dollars in funding they raised. >> if you had your choice who would you take out to the ballgame for peanuts and
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crackerjacks? fans celebrity picks with five days to go before the opening day.
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adam: there is whole new meaning to, the doctor will see you now. a new startup wants to use google glass to cut down time spent doing paperwork. their ceo joins us now. not only do you want to cut down time on paperwork but doing that with google glass. the doctor consults the patient with the device. how does it help? >> right now in america doctors spend unfortunately, 30, 40, 50% of their day on the computer typing documenting. it is the biggest pain point in their lives and tragic to the patient as well, who has to look at patient's back or doctor's
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back. when doctors wear google glass with our service we reclaim all the time and energy spent feeding the beast and give it back to the doctor and give it back to care. adam: so you have written software that interacts with the google glass device, protects through hipaa your medical records. but is it video recording of interaction with patient and doctor and doctor say, calling up the last three blood pressure tests. >> we take advantage of the awed very visual stream from the doctors perspective and pull out structured information from the ehr. we allow the doctor to pull from ehr, sort of like onstar, you can ask for information and delivered to the heads up display without turning around and having to go fetch. adam: i imagine this will save time and potentially lives. what is reaction from doctors and also parties? a patient can say i don't want a doctor examining me with google glass. you tested this. what do they say? >> absolutely.
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doctor reaction section extrordinary. we're taking away the biggest pain point in their lives. patient reaction has been positive. we tested this in pilots here in san francisco and places such as texas. by and large patients are a-okay with their doctors wearing google glass. we inform them when they come to see the doctor ahead of time. this is glass. this is our service. here is security. it this is laminated faq. if you have any concerns or always ask your doctor to remove the glass. glass stays on -- adam: ask you real quick. got three million plus in funding. eventually will you take this public or will you get bought up by one of the health providers. >> we have grand ambitions. we're thinking a large, possibly ipo, several years in the future. adam: we would love to break that news here on the fox business network. this is a remarkable device and software that you've written to interact with it. i speak on behalf of men throughout the country, if they have google glass, that they
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turn off the google glass when they utter the words, cough. cheryl: we're watching shares of carnival, deep in the red after reporting a loss in the first quarter. shares are down more than 5% thanks to fuel derivative impact on the company. just as a results that beat expectations thanks to better than expected ticket prices. however the cruise line operator lowered its outlook for the current quarter. it also narrowed its earnings estimate for the year, adam. so we're watching that one. adam: okay, you're watching this? our fox business sports minute. nba all-star kobe bryant teaming up with a new sports drink called body armor. the sports drink hopes to compete with the likes of gatorade and power aid which kobe called, bland. one nba is on a streak they would like to forget. the philadelphia 76ers losing the to the san antonio spurs pushing the sixers to 25th consecutive loss. they are one loss shy of the nba record of 26 set by 2009-2010
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cleveland laugh leers. we're five day as way from first pitch of baseball's opening day. most fans want to grab some peanuts and crackerjack with mark wahlberg after surveying over 1000 people. the catering giant said 16% responded that boston red sox fan, walberg who they want to eat with at the ballpark. second in a close second is actress jennifer lawrence. she got 15% of the vote. cheryl. cheryl: adam, badge of honor, a 30-year girl scout record crumbling. we salute oklahoma city sixth grader katy francis for her unbelievable business. that is coming up next. ♪ i've always had to keep my eye on her...
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but i didn't always watch out for myself. with so much noise about health care, i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile, not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still gonna give me a heart attack. innovations that work for you. that's health in numbers. unitedhealthcare.
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ido more with less with buss energy.hp is help. soon, the world's most intelligent servers, designed by hp, will give ups over twice the performance, using forty percent less energy. multiply that across over a thousand locations, and they'll provide the same benefit to the environment as over 60,000 trees. that's a trend we can all get behind. adam: more than 18,000 boxes and counting. oklahoma city girl scout katy francis set a national record this weekend, selling 1,010boxs. it took the sixth grader seven
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weeks. 18,000 bocks were set in 1980. it was time, commitment, asking everybody she sees. cheryl: you go, katy. adam: hats off to katy. cheryl: melissa francis take it away. melissa: absolutely. activist investor goes after our own charlie gasparino on twitter no less. just as we predicted the activist investor back lash is starting. billionaires beware. we're going inside the fight. even when they say it's not it is always about money. melissa: market up 113. say it ain't so. billionaire marc andreessen going after our own charlie gasparino on twitterverse. let's get right to it. you raised the point that andreessen didn't respond to the self-dealing charges. what is he saying? >>

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