right? [closing bell ringing] up 7% today. unfortunately nicole, we don't have time but bells are ringing. we want to mention to our you had yens, ceo of dine equity, a terrific woman why her stock is popping 7% today. let's look how stocks are finishing up. kind of a mixed bag. it is not terrible on the downside. we do have the nasdaq in the green. cheryl: you got the s&p,. let's talk about frond page headlines we've got right now. commerce department said spending grew .9%. that is well ahead of forecast wall street put in. david: number of people filing first time jobless claims unexpect ledly rose last week. labor department reported number of claims increased by 14,000 to

344,000. cheryl: shares of t-mobile us, the company shares surging. adding 1.3 million customers but the company had quarterly loss as higher costs outpaced revenue. david: ford chairman, bill ford, officially announced that the automaker's chief ratingds wille next ceo. he will be replacing alan mulally at the beginning of july, six months earlier than expected. >> big story today. also general motors appears to be shaking off the recall blues. gm said sales rose 6.9% in april, with the buick brand gaining 12%. "after the bell" startings right now david: let's get right to today's action. we have joe bell, schaefer's investment research senior equity analyst. he will tell us why it is time to rotate into defensive sectors. we have bryn mawr's trust chief investment officer will tell us

where he is finding pockets of opportunity. larry shover joining us from the pits of considerate of me. larry, i want to talk about a stock we'll talk about very soon, linkedin. they're about to come out with their financials. you have it on the outperform list. why do you think it will do so well? >> i think it has a lost potential. talk about talent solution. that is part after subscription based model for corporate clients. at end of february their subscriptions were 48 you and a half. -- 48,000. they have exponential potential with that model. i like subscription-based model with their enterprise business. that has to be eating away at the competition. i like the fact it is available in china. as you know facebook is not. linkedin is. lastly i like the fact it is very unique data set. i visit linkedin every day. almost prerogative that i will see what is going on in

linkedin. i don't have to be attracted. it is already something i do. great stock. has got a lot of upside potential. cheryl: joe, i know you can't talk about linkedin specifically. talk about social media stocks. this has been a debate back and forth today about the value of these types of investments. what do you say about the space itself? >> cheryl, i think that is a space that had a lot of hype coming in the past couple years and past couple months. then we started to see the price action deteriorate. what we see and still continue to see there is lot of high expectations and that generally sets the bar pretty high. they need to report good news for investors to come back into that space but overall i would be a little bit leery. david: ernie, you're overweight in health care stocks. one of the best articles i read today in the "wall street journal" was written by a doctor talking about how we entered into a two-tiered health system and we'll have very rich and poor and middle class will get squeezed in the middle again. are you concerned as problems with the obamacare rollout

continue are you concerned that may weigh in in negative way on health care stocks? >> we think generally speak, david, thank you for having us on, generally speaking that obamacare will increase demand for health care products, for drugs. we like some of the big pharmaceuticals like pfizer which has a very strong pipeline. and well-valued. no novartis for example. amgen, we still like some of the biotech space. we think actually it's a positive, david. david: ernie, are you not concerned with the concerns of doctors and other health care providers who say that in fact there just aren't enough doctors to go around? >> well, certainly did think that but again we're thinking of suppliers. think of the fact we're talking about ethical drug companies, we're talking about drugs themselves, not necessarily delivery of that. so we would be more concerned on the hospital size but not -- side but not concerned as much on the pharmaceutical side. we see good valuation. we see defensive characteristics in a market in some cases we

talked about technology and other areas that have a lot of momentum. we think there are defensive characteristics that are really positive. >> we have to break in at any moment for linkedin earnings. ernie, i want your take about microsoft. we were talking about social media the space but you like microsoft. that is one of your tried and trues right know. >> cheryl, thank you, yes. as was state ad couple moments ago by your other guest those stocks, social media stocks have been very strong. we like microsoft. we think the new chairman has the company turned in the right direction. they just released earnings which were very strong. we like the fact, one of the themes, share, we think the replacement demand cycle. we think replacement demand was under downward pressure during the recession of 2008 and just coming back. we like cloud and mobile and we think the company is in right direction and valued very attractively right now. david: larry shover, we have linkedin earnings that came out. there is dispute about the final figure because of all things that have to be factored in. the stock is trading down. let me go to adam shapiro first.

and get larry to weigh in on this. there is dispute about the figures. go ahead, adam. >> earnings per share appears to be, a beat, 38 cents. the street was expecting 34 cents. revenue they're saying in the first quarter was up 46%, 400 over the year ago period. 473-pointmillion dollars, versus 466.57 million. they're talking about the fact they do have 300 million users. we'll keep going into this but again it appears to be a beat. adjusted earnings per share 38 cents when the street was expecting 34 cents, david. david: larry, got to tell you we do have the number down as you can see after-hours. the bid is down to 155. ended the day at 161. a lot of that probably has to do with the corporate sponsors. i guess there are ways it, 24,000 now. they were expecting that to go up to 26,000. >> yeah, that's exactly right. a lot of revenue comes from that source. i think the street was really expecting a beat especially of

that corporate solutions part. but something i need to say is that when you look at the options prices before the stock closed, there was a tremendous amount of bullishness on the stock. when you compare how much call demand there was to put demand. sometimes that is counterintuitive. some people just get scared and sell the stock. long-term i do believe in the stock. options inmplied volatility was implying a 12% move after the close. so probably a good time to get out your shopping cart and buy the stock. cheryl: you know, we'll be talking about in a few moments about linkedin a little further. ernie, one of the questions about the space and social media space overall is user growth. one of the big thing we're looking for at linkedin is registered members. 300 million as adam shapiro was telling us. it is a decent jump but may not be big enough to really convinced street that linkedin is kind of a longer term buy you probably tell me microsoft out there, that i could buy that stock instead? >> right. cheryl, so the expectations are

just so great for these social media stocks. clearly, obviously the landscape has changed, social media will continue however the multiples are built in and expectations are so large. we think it's a market that will be more discriminant, more disearning on value. we think companies like microsoft, for example, which are trading at multiple close to the market, growing at double digits, with a dividend yield 15 basis points better than the 10-year, definitely stocks that will attract rotation out of some of the higher multiple stocks. david: joe, you have been rotating out of the tech stocks. i'm wondering if the rally, today's rally particularly in social media stocks although after-hours it is not hitting linkedin, whether the rally in social media has you double thinking that? >> no, not necessarily. we talk about a social media, they have been one of the biggest laggards among the tech space, really among the overall market. you don't always want to catch that falling knife especially when the other guy mention ad lot of call buyers coming, a lot

of potential optimism on these names with perhaps poor price action. yeah, bigger picture you want to see money come back into tech, even small caps but right now investors as a whole have rotated their money to utility space, real estate investment trust. that is risk-off trades. investors are telling us they don't necessarily want to get into the high bait, high-risk nails and they're shifting over to the low-risk names that provide dividend yield and best risk. cheryl: joe, correct me if i'm wrong, if you look at big energy names for 2014, really the energy sector has been an incredible return for investors. i mean, whether it's nat-gas or, fracking, whatever is going on. that space has bus been a nice payoff for all of us. >> absolutely. when you look at overall market there has been deterioration in the tech space, small caps but if you're looking to get into specific sectors or. xle is a good representative. if you're talking about

individual stocks, conocophillips, con, and halliburton, hal, strong trending. both of those have pretty nice reactions to recent reports where they beat those expectations that have been extremely low and they have also recently taken out their former all-time highs. price action are strong. a lot of doubt surrounding them. that is bullish picture. cheryl: a lot to cover, gentlemen. larry shover we'll see you in a few minutes with the s&p futures close. david: linkedin is now down about 2 1/2%. it has recovered a little bit but still down 2 1/2%. cheryl: the social media companies have to add users. that is the biggest story for all of them. he is watching that stock trading lower. the stock actually is down 20% for the year, linkedin. we're still talking about it. is this report going to give investors a reason to get back into the stock? we have an analyst who says price target is 260. david: wow, that is double what it is now. have to find out why. sports fever is sweeping across the country. we have all kind of playoffs,

nhl, nba, they're in the middle of it of the baseball kicking into high gear as well. we'll talk to the president of stubhub where the money is being spent and where the deals are and what happened with the clippers controversy? a critical game tonight, l.a. clippers and golden state warriors. clippers with were not selling well beginning of the week but they are now. cheryl: jay-z is looking to make a pretty penny backing a hot company, that is get this, cosmetics world by storm. his wife wears it well anyway. we'll talk to the company. david: how much makeup does she use? cheryl: i think a lot. david: tell us what you think, are you buying into social media names on the back of today's rally? tweet us at nbnatb, social media, are you buying or not -- @fbnatb. ♪ e. [ male announcer ] what if a small company

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david: just about they are seconds away from the s&p futures closing. let's go back to larry shover in the pits of cme. larry, what are you seeing for friday. >> i sound like a broken record. the market seems quite content to remain between 1840 and 1880 with a couple of exceptions. right now non-farm payroll number tomorrow doesn't appear to be a big deal.

we'll see either below 150 or above 250 to change the narrative. what is worried traders is yield curve. 10-year is very cheap, somewhere in the 2.60 range. if we continue rally we need growth an inflation and 10-year yield, 2.57, 2.80. that is not happening. that is very discon gettering to -- disconcerting to traders behind me. david: you don't want to see the yield curve invert. thank you, larry. cheryl: we brought you linkedin earnings a few moments ago. david: we have the robert from suntrust robinson, has a $260 price target on linkedin. robert, our eyes popped when we saw that. that is close to its all-time high. it is trading -- cheryl: 160 and change. it is about 1 off. so it has come up a little bit. it fell down after earnings came

out. why are you giving it such a high target. >> first, thank you so much for having me. david: sure. >> on the quarter looks like they beat quarter solid on revenues. on the bottom line as well. 38 cents, versus 34. i think the stock is a little mixed today, trading flattish because the q2 guidance was a little conservative and full-year guidance is a little below. when you look big picture longer term this is one of those internet platforms and they basically own this monopoly. the way we get to the 260 target, 10 times multiple and 30 times ebitda. that growth rate much higher. 40% top-line growth rate and 50% bottom-line growth rates. that is just trading cheap versus the space. cheryl: they came in with 300 million registered members at end of the quarter. i assume you will say that is bullish sentiment that has been one of issues for a lost social media companies in general. will this affect linkedin? we're not seeing a big pop in user growth we'd like to see in these companies? >> relative to expectations the

street was looking for around 294 million. they're performing in line with expectations. and this is one of those platforms that, remember more business dedicated versus consumer like a facebook. so i think it is more of a slower grower on that aspect. and now what is driving the stock's top line is more the new modernization efforts they have going on. david: the registered users, the corporate customers are really key. i think that might is been one of the areas in which investors are disappointed after-hours, no? >> yeah. they came in at 25.8. the street was looking at 25.9. so maybe a little bit light. i think some clients, investors were looking to have a blowout type quarter in some of those numbers. remember the company will try to be very conservative early in the beginning of the year. think this is more of a back half of the year outperformer. >> revenue looks a little bit light. 2014 revenue guidance coming in, is that a concern for you at all?

>> 2.07 billion, versus 2.11 for the street right now. we think what they did in 4h q clear the decks and setting up beat and raise quarters going forward. they prove that out in q1 so i look going further as well. cheryl: robert peck, thank you very much. david: he thinks this stock is $100 undervalued. cheryl: nicole petallides at the floor of the new york stock exchange. >> credit some of that to yelp and yelp came out with their numbers and really surprised wall street. yelp is a clear winner right at the closing bell. that is where it was all day long. it really help to lift group. the group in some cases was beaten down and some of these names are up over 100% in the last year so they're concern certainly concerned high flying momentum stocks. even yelp came out with numbers that beat the street. we saw analysts starting to cut their forecasts and their price target.

so has the group run up, too far, too fast? unit growth is growing. advertising dollars are growing. but is it just not fast enough for wall street's expectations? that being said, you mentioned the revenue going forward for linked in. that is something that was a little light. and that may be one of the reasons we're seeing linkedin in selling off but it was news to name like facebook have an up arrow and twitter. we're keeping eye on that one. cheryl: thanks, nicole. david: was today's rally a dead-cat bounce in social media? they have a rough time. is the rally back? tweet us, @fbnatb. your answers are coming up. meantime tablets, yes, tablets could be a game-changer in the restaurant business. we talk to a ceo already taking tablets to the table in applebee's restaurants. dine equity's chairman, they had a terrific day, the stock was up about 7%. the ceo is here to tell us how

all these tablets affected sales in a fox business exclusive. cheryl: you don't want to miss it so interesting what she will tell us about this. if you're wondering over the firestorm by the racist comments about it. l.a. clippers owner is affecting the team's ticket sales we've got some answers. we'll go inside the business of sports and entertainment with stubhub's president that. is coming up. play ball. ♪ [ female announcer ] who are we? we are thinkers. the job jugglers. the up all-nhts. and the ones who turn ideas into action. we've made our passions our life's work.

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david: time for a quick speed read of some of the day's other headlines, five stories in main of the first up, luxury carmaker mercedes debuting its newest

electric car featuring a batter supplied none other than tesla. can ride 58 miles on a single charge. will be available this summer. online storage company box will delay its own ipo. the company could have offered shares as early as last month. snapchat updated its app so users can make live video calls an instant message friends. true to snapshot's mo, the messages will vanish once you and your friend leave the chat. googling updating its search app that can help you find your car in parking lot to give you approximate location of your vehicle. everything can be done today. amazon expanding delivery service to two new cities, balance and san fran. they will have ordering dates for same day shipping. that is it with six seconds left today's "speed read." let's move on. i loaf ihop.

-- i love i happen. cheryl: the shares of dine equity reaping benefits the company's fourth consecutive quarter of growth. they are a bit more cautious at applebee's restaurants. david: investors were not cautious at all. the stock jumped. joining news a fox business exclusive, dine equity chairman and ceo julia stewart. wonderful to see you again. congratulations on the stock hitting new gains. huge jump today. despite the fact, i start start out with good news because i will throw in bad news question. you had declining sales at applebee's. why? >> it is barely declining but we're doing much better than anybody else in the category but that is not good enough. we think hitting reset button and focusing on things that matter and being much bigger and bolder how we differentiate the brand -- david: how do you do that? how do you differentiate the brand? >> well, there is a lot you can do with the menu, with

technology, innovation all the work we've begun to do really seriously communicating to the consumer in a very different way. those are the approaches you can take to really differentiate the brand. cheryl: julie one of the things you talked about in the quarter, i thought this was fascinating because the tablets, electronic tab on table during entire meal, people are ordering appetizers and desserts. they don't take the menu away of the it is constantly there. you're getting revenue growth from that. i think it is really interesting. >> probably too soon to tell but no question the tablet is very much part of our technology strategy which include mobile and online ordering. it all integrates to give the consumer a very easy way to access the brand. that is the most important part of technology these days. frankly virtually everything we do technology-based is consumer facing. in old days it was all about the back of the house. today it is all about the front of the house.

david: as cheryl mentioned, julia, so far you have only desserts and appetizers. as a former waiter i have a lot of heart for waiters. i'm wondering if these tablets will eventually put waiters out of work? >> no. i think quite the contrary. that is not even the idea. the idea is that the food server can spend so much more time interacting with the guests because they aren't as worried about the second drink or insuring the suggestive selling but rather they can do all of the items that we want them to do, which is spend quality time in the neighborhood, get being to know their guests. so we see it as a long-term application to help us really create a relationship with our guests. cheryl: let's talk about ihop, julia. we can't fear get about the pancakes. very important food group in my opinion. but ihop has actually been doing very well. this whole notion of the all-day breakfast, americans just love it. what do you see for i hop this year? >> i think what you're going to see is a lot of work on the

menu, a lost innovation which we're doing obviously at both brand. and i think as we begin to think longer term about what consumers want, we want to make certain that we're delivering to all guests at all day parts. we think there's a real opportunity to talk to millenials in a different way. their need about speed and access are different than perhaps baby boomers. so there's a lot of work we begin pursuing to that very avenue of, how do we think about delivering the experience but in a much faster way. we have ideas we're in the midst of testing. work on advertising, media, all of it is driving sales an traffic for franchisees which is exactly what we want to do. david: of all the people who are happy that this long winter is over, no group is happier than restaurateurs as far as i know. have you seen a dramatic change since it has begun warm up?

>> certainly no question we were all affected including dine equity both brand applebee's and ihop with both weather. it is starting to melt as we like to say and people are finally getting out in a more meaningful way. the economy is still lumpy and bumpy. our focus differentiating brands, distinguishing ourselves, making sure we have a strong value proposition those are really important regardless of the weather. cheryl: julia, really great to talk to you. really interesting changes happening at dine equity. david: folks, if you never had a ihop pancake with walnuts and strawberries you just haven't lived, you just haven't lived, it is that simple. >> you made my day. made my day. david: thank you, julia. take as little extra syrup. takes a lot of reputation to build a reputation with consumers. we'll tell you which companies get a a and which companies fail when it comes to their reputation. cheryl: jay-z and starbucks ceo

howard shultz have in common? they're both investing in one of the fastest growing beauty companies in the country. it's a startup. why are they such big believers? we'll talk to the ceo coming up. ♪ [ male announcer ] if you're taking multiple medications,

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david: right smack in the middle of the nba playoff series between l.a. clippers and bolden state warriors with the clippers owner. first the scandal hurt ticket sales. now that the nba commissioner came out and made the ruling to great satisfaction of players and fans will tonight game be a very hot ticket? just how hot, joining us now is stubhub's president. chris, great to see you again. took me months to pronounce your name right. i remember i first time i interviewed you seven years ago. i probably mispronounced it a million times. i hope i did not do a bad job. >> no you did great. i appreciate all the practice you put into it. david: absolutely i tried. tonight is the game. what are ticket sales are doing? >> ticket sales are doing really well. the clippers-warriors series has been one of the hottest in the nba playoffs. ironically that game 5 that happened in l.a., because it was announced after the lifetime ban of mr. sterling, it was actually

one of our hottest games ever in the nba playoffs. david: how much are tonight's tickets going for? >> it is hard to say but you know, tickets start around $100 or so and go up from there. david: up to thousands of dollars? ringside must be a couple of grand, right. >> yeah, ringside is always a couple of grand. those are the seats where you get to be, to see and be seen so to speak. there is full price range on stubhub. all prices are available. david: mr. silver, the nba commissioner, i think an outstanding job coming to a conclusion that really satisfied all players here. it must have concerned you though that, this thing had this thing dragged on, those ticket sales could have been hurt, right? >> yeah of course that was a concern. i don't think that is the primary concern in terms of, what was happening with mr. sterling and the clippers. i feel badly for the players and to some extent to the fans who

are very loyal to the team but i'm glad to see that this issue has been resolved and resolved in what i think was a very good way. david: in a way that is again, ticket sales must be, i can imagine must be one of the hardest tickets to get in the country right now no matter what sport you're interested in, right? >> yeah. very strong right now. that series has been very strong. the, i'm talking to you from the san francisco bay area. we have a very strong fan base especially as teams make the playoffs. it is great to see that warriors fan base come out and we benefit of course from stubhub. david: we are in a city lucky enough to have a team finally getting to some kind of a playoff. i'm talking about the new york rangers, in the national hockey league. >> yeah. david: hockey fans are not as broad as football fans or basketball fans but they are intense, are they not? that must help to raise prices on tickets? >> absolutely. rangers fans are absolutely the among the best fans buying on

stubhub, the upcoming rangers of penguins series we saw a huge amount of sales. that is very popular. also popular is the anaheim ducks and hawaii kings, sort of highway series happening here in california -- l.a. kings. there is somewhat limited overall size of the nhl fan base it is actually really strong category on stub should be. david: i would think that a dream matchup in nhl would be the l.a. kings versus the new york rangers, am i wrong? >> i think that would be very strong absolutely. you know, there's a long tradition of east coast teams in the nhl and the kings have been in the championship and wereanle years ago but that would be strong. i think, however, we find where two teams, two opponents are close to each other, two cities are close to each other, fans will travel from one city to another and that create as certain dynamic. there is more overall demand for

those playoff games. david: i mentioned we've known each other for a while, six or seven years since first time i talked to you. how is your business doing? a lot of ticket companies come and gone. you guys stayed the course. do you feel pretty comfortable where you are right now? >> i feel really great actually. we did a big change earlier in the year to something we called all-in pricing. we talked about it last tile i was on the show. liz claman, your co-host called it honest pricing is best way to say it. basically the price on the site is price you pay. there are no surprise fees when you check out the way you see on other sites. we took some licks initially for that and saw some decrease in average order size we've seen things really pick up especially areas like major league baseball where we had this type of pricing for the last year. major league baseball for us is doing really well. we've seen a lost demand in major league baseball and the

overall business is doing really well. in april, our numbers are just in and they look really good. david: congratulations, you deserve it. chris, stubhub president. always a pleasure to see you. thanks for coming on. >> david, great to see you. take care. david: cheryl? cheryl: david, think about crowd sourcing in cosmetics. there is startup trying to break the mold of the $160 billion cosmetics strategy, with the help of some its customers, some of the biggest names in entertainment business are coming up with tan scrubs. wondering what that is? we'll talk about it when we have the company's founder and ceo coming up. certainly we'll be talking about another big story and this is big change, the change at ford. ceo alan mulally handing over the reins to mark fields sooner than expected. we'll find out what it means for the automaker and investors and kay buyers. we'll be right back. ♪ i'm nathan and i quit smoking with chantix.

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david: ever wonder what it might take to boost your company's reputation? maybe you should ask amazon. the tech conglomerate ranked number one most reputable company for the second year in a row, stock rises be damned. according to a survey by harris pole reputation quotient.

coca-cola came in close number two with apple taking a third place. showing the country's fondness for the tech sector. bank of america, by the way, the nation's least reputable company not just because of its role in the financial crisis, it had the lowest customer satisfaction score of any bank last year. bp and agricultural biotech company monsanto were the second and third least reputable u.s. companies respectively. cheryl? cheryl: all right. david, how do you revolutionize the $160 billion a year cosmetics industry? you build your brand going straight to the source, the consumer. that fast growing cosmetic company julip, gets feedback which cot met ticks consumers want and which they don't. they received a big round of fundfounding. you know these names, jay-z, will smith, howard schultz from starbucks, all backing this company. the company is yule lip. we have the ceo, dave heart as well. you were at starbucks.

first and foremost there is connection there but a very different way of reaching out. you have through social media, you're using consumers ideas to figure out what you want to make and sell. how does this work? >> you know it is exciting as a beauty company growing up in an ear after social media we really reached out transparently to consumers. so the two things at that we are passionate about at jewel help, are julep, we're able to put out ideas and get feedback. because our product development cycle is so short we're able to be incredibly transparent with the consumers and invite them into the development process early on. cheryl: you developed 300 products. we should say that is lot. >> we did. cheryl: l'oreal, estee lauder do a quarter of that at the most i would assume. >> it was really exciting. the reason we could have the confidence to launch so many new

products because we are connected to our community and we have a community of innovation lovers, who we call julep mavens. we are able to develop products directly for them. they talk to us an tell us what they're interested in and i think that's the best way we can have confidence when we launch something it will be a hit from the get-go. >> i thought it was interesting using usual suspects in social media, facebook, twitter, instagram, things like that. but the backers themselves, you're up to $65 million right now in funding. your revenues, it is estimated by forbes to be 20 million. you're doing strong not just venture cap but you're also making money. but you've also got the retail names. you're in sephora. you're selling on qvc. where are the strongest sales coming from right now? >> you know, we see it as an entire ecosystem where we're meeting the woman wherever she wants to shop. so we are developing products and launching them really rapidly online.

when they have social media buzz, when the bloggers embrace our products, when they're are lots of conversation about it on facebook, that is when we bring it to our partners like sephora and qvc. they know that there is a lot of enthusiasm and support behind its product and it will be incredibly successful. >> talk to me, i was laughing with david about this, hand scrub. is this something that the social media universe, is this what women want to see? maybe it is men, i don't know. >> you know actually we developed that, we have four parlors in the seattle area, we always say we don't test on animals but we test on real women. so we, noticed that ex-foley ages is a huge thing. i'm a korean background. number one thing women don't do right. your lotions don't work if you don't ex-foal yate.

cheryl: you have this tonic beach oil. i have guess if women tell me to buy it. this eye shadow, goes across the ice. these are different products. they don't seem to be mainstream cosmetic products but you're saying younger generation is telling you what that is cool and hip, right? >> absolutely. we bring our product innovation ideas to people and sort of hear their feedback and this is a two-way conversation. i always say to people that social media is not about going out there and just being completely idealist. it is two-way conversation. we throw out ideas and we listen carefully to what consumers say back to us. and one of the best examples was the julep wand we're launching this month that we developed with ideo. on the day two of facebook we said they're we're in palo alto. anybody around wants to come and do product development. it was a huge risk but being

transparent. they showed up and had opinions. cheryl: thank you, jane. jane, thank you very much. jane park. interesting story from you. david, i don't know why you didn't want to participate in this segment? david: actually save some of that exfoliating cream for charlie gasparino. i understand he uses that all the time. squares by it. meanwhile it is official, ford's ceo alan mulally will be retiring and replaced by long time executive mark fields. what you need to know about the change and how it could affect the stock price specifically. get this, you may soon be able to say good-bye to your computer mouse. microsoft wants to change the way we use computers forever. we have details coming up in "off the desk." ♪

cheryl: so after seven years at the helm, ford ceo alan mulally getting out of the car and handing the keys to current chief operating officer mark fields. david: what challenges lie ahead for the incoming ceo? adam shapiro joins us with more. adam. >> one of the things he will have to do is improve their profitability. alan mulally is credited with saving the iconic car company

and joining ford in 2006 and allowing one ford business plan that allowed ford to avoid government bailout and bankruptcy which brought down general motors and chrysler during the financial crisis. he ford one strategy returned ford to profitability, something it was able to achieve last 19 quarters. fields says one ford will remain the strategy boeing forward. >> our one ford plan has served us so well over the years and it is going to continue to serve us well. and also our culture, are working together culture has been sufficient an integral part of our success and i am personally commit to not only maintaining that but nuturing it with the rest of the team. >> but ford sales dropped in april. year-over-year down overall 1%. there were strong points we should point out. ford f-150 had its best april sales since 2006. and remains the best-selling truck, 37 years and running. ford explorer had best april

since 05. lincoln sales are up 21%. later this year, this summer we'll get a launch of the new mkz. mark fields has to address political crisis in russia where ford invested hundred of millions of dollars and needs to protect its investment. currency devaluation in south america, that is hurting ford's profits south of the border. fields has vast experience in south america. running ford's argentina operation in the late '80s and '90s there. is finally rollout of f-150 aluminum body pickup truck. ford is using the most profitable vehicle to launch and introduce new product methods at its plants. one thing about the profit, the 39% we saw in profit, 989 million in the first quarter, compared to year ago 1.6 billion, a lot of that had to do with getting ready for the launch of the f-150 and also restructuring europe. but the biggest set aside into

warranty reserve. back to you. cheryl: adam shapiro. david: better not mess up the f-150. best truck in the world. we'll see if the aluminum model works out. thanks, adam. your hand may soon replace the computer mouse for good. we're going to show you how the new keyboard could revolutionize the way we all use computers.

>> let's go "off the desk." microsoft may be giving awe reason to kick your mouse to the curb, your computer mouse. the tech giant is experimenting with a touch sensitive keyboard would eliminate to need to venture off the computer kids. instead you go up and down the screen or change applications with a quick swipe of your fingerprints. the prototype keyboard developed by microsoft research recognizes hands on or immediately above the keys, similar to what apple does. david: our own liz claman has

landed in omaha for the berkshire hathaway annual shareholder meeting. she will join with us a jam-packed lineup of guests. take a look. liz: friday, starting at 9:00 a.m. eastern we've got some of the buffett managers of companies like general re, pampered chef, netjets, sitting down with us and with you. the governor of men exclusively on fox business as well on friday. don't miss 3:00 p.m. eastern, the kids, warren buffett's three grown kids, howie, suzie and peter, in a way that you have never seen them before. now of course, you probably would have questions for warren that might not be answered during the shareholder meeting. but guess what, you might have a chance. #liz, the big event comes monday on fox business exclusively, 9:30 a.m. eastern time. an exclusive sit-down interview with warren buffett live. charlie monger, his vice-chair, and berkshire director and founder of microsoft, bill gates

#askliz. give me your questions and i might can them of these three what we call the richest minds. see you from omaha. >> had the jacket on. david: jobs report tomorrow you don't want to miss it. "the willis report" is next. gerri: hello, everybody i'm gerri willis. right now on "the willis report.," watch out tv viewers. two more big media companies may try to become one. we'll find out if this is good or bad for you. also, a big change at the top of ford. >> mark, you're going to be great. so pleased that you get this opportunity to lead this fantastic company. gerri: what's next for ford and its customers? how to land a job right after graduation. we have the perfect tips. we're watching out for on "the willis report". there are already big changes coming to how you watch tv. we talked about them here. now there could be even