tv The Claman Countdown FOX Business February 14, 2020 3:00pm-4:00pm EST
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away from $2.6 billion deal that would have given him an 80% stake in the mets, alex rodríguez getting into the business world, meanwhile ashley webster filling in for liz claman. great hour -- ashley: it always is, i'm trying to get my head a yankee possibly buying the mets. breaking news, president trump making remarks to the members of the national border patrol council at the white house at this moment but his national economic director was the one making all the headlines this morning, talking to fox business, the president says wants to introduce a middle-class tax cut by september, we will be going to the white house for all of the details, meanwhile, markets in the red, yes, as they look post gains after two days following record loss can we turn it around in the last hour, we shall do our best, the dow up as
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you can see 87 points. bernie sanders is the front runner for the dems, does that mean that chance of broken convention are going up, democratic insider robert wolf will be here to game it all out for us, the deadly coronavirus playing havoc as the consumer economy chugs right along, oh, yeah, less than an hour to closing bell, i'm ashley webster in for liz claman; let's start the claman countdown. ♪ ♪ ashley: well, let's get some breaking news right at the top here, u.s. jury on friday has found michael avenatti guilty in criminal trial accusing the celebrity lawyer of trying to
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extort nike out of millions of dollars and to defraud a youth basketball coach that he represented. the lawyer was all but unknown until 2 years ago when he began representing the adult film actress stormy daniels in lawsuits against president trump and making hundreds of television appearances. let's get back to stock news, smile direct club by the way plunging after an nbc news story that ran that listed complaints related to treatment outcomes from the company's dental liners, small direct called the coverage a misrepresentation and says there's no investigation into the company by regulators despite statement the stock off 3 and 3 quarters percent. gains were driven by demand in data president clinton, up
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nicely, up 7%, pinterest coming off lows after facebook similar new app, some call it copycat app, not a major concern, pinterest allows you pin idea for inspiration for home, style and other categories, pinterest down 1 and a half percent, ebay getting a bounce after a completed sale of stub hub and expanded share of buyback plan, plan,e-commerce giant to expand to 1 and a half billion dollars to 4 and a half billion by using the proceeds from that sale and you can see ebay up 2 and a half percent, tesla priced its 2 billion-dollar offering at 21% discount from its all-time high, the maker plan to go sell 2.65 million shares at $767 each, the offering likely will hit the market on february 19th, tesla down slightly in today's trade. all right, let's get to the
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white house, president trump speaking to members to have border patrol council at this very moment, but it's tax cuts that have really got the white house buzzing, earlier white house economic adviser larry kudlow suggested that the president, indeed, wants to see tax cuts 2.0 by september, if you remember he confirmed with liz claman when she was at the white house last month that, indeed, the president wants the tax cut proposal before the election, edward lawrence live with details, edward. >> administration official that they want to put universal savings accounts in the packages, what those savings accounts would do, it would allow americans to invest tax free, over $1,000, a portion of the income outside of 401(k)'s, people making up to $200,000, also making tax cuts that are currently in the tax code permanent for americans as well as a possible 10% middle-class
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tack cut going forward before the election and as you heard, they want to roll out this plan in september before the election likely two months and we will get criticism, though, here is kudlow about it this morning. >> in the meeting in the oval i guess 2 days ago he looked at me and said let's get it out by september, i've been consulting with the house colleagues, my great friend kevin brady, i will be consulting with senate colleagues, we've got some great internal ideas and other outside advisers. >> they are talking about this but a plan like this is likely to get a lot of pushback, you would need the house of representatives to pass this, democrats not in the mood to really help the president or talking about tax cuts at this time, the vice president has also talked about this today, about tax cuts 2.0 coming through and the president, though, you know later on this afternoon ashley leaving more mar-a-lago, another interesting point, he's going fundraiser on saturday, one ticket will be
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$580,000, his most expensive ticket for his event but the big news at the white house tax cuts 2.0, again, universal savings plan where he could have portion of your -- portion of your salary tax free invested. ashley: that's a good campaign platform, is it not, edward lawrence, the president speaking right now, we will check in with him as he speaks to border patrol agents and we are keep an eye on that for headlines, of course. first up new brands issuing 2020 sales and profit forecast below wall street expectations saying that that's because of a 1% hit they believe from supply-related issues from the virus outbreak in china, the consumer manufacturer also said that workers are returning to work after supply factories were shut down, brands up 3% as you can see in today's session. online travel service's site, expedia has suspended its 2020
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forecast as it assesses the impact of the coronavirus on its operations, the stock still going up very nicely, though, despite all of this, expedia up 13 bucks or 12%, world caribbean canceling 18 cruises in southeast asia after initially canceling 8 cruises out of china last week, the cruise liner warning the canceled cruises will cut its earnings per share, they don't know how much but the stock down half a percent. on the heels to have worsening crisis partner global cio scott is calling the impact of the coronavirus as, quote, dramatic, he went onto say that the financial markets are showing a cognitive distance from economic reality and he says it will eventually all in very badly. so is he right or is he just fear-mongering? let's get to our traders and get their opinion, timothy anderson at the new york stock exchange,
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tim, is that fear-mongering or are the markets blowing off the potential impact of the coronavirus? >> i just think he's doubling down on a very negative view he's had of the economy and the stock market for at least 3 years. so i'm just not -- i'm just taking his -- i'm applying to model, absolute low end, we are throwing those out and look at a few other things. a lot of positive developments on the economy. ashley: yes. >> at least end of this year and probably to 2021 depending on how the election goes. ashley: chris at the cme; is this a black-swan event that we are taking lightly or are markets cautious but acting reasonably? >> well, i think if it impacts your family member it's a black-swan event, right, the people that are getting sick there, it's not good for them, i think we are guilty of fighting the last war, like the generals fight the last war, everybody
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keeps looking at what happened with sars and you don't see that happening, and this market as long as the fed and the bank of china are there to backstop it, why would you want to be short? ashley: yeah, it's a good question, phil flynn, we are also winding down the corporate earnings season, pretty solid i would say, and to touch on something that tim talked about, the economic data pretty good, certainly consumer sentiment right around 15-year highs, all of this despite the coronavirus points to a very positive outlook for the markets, right? >> absolutely, i mean, tax cuts 2.20 coming soon to theater near yaw, you don't want to be shorted of that kind of stuff. i absolutely do not. look at this market, it has been incredible, that's why the guy from goodman is a little frustrated right now.
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ashley: yes. >> i have a global pandemic and i can't get a break in the market, give me a break, yeah, i think absolutely, you know, listen, this is showing how solid the economy is because it's been able, just think of what's to overcome in the last 30 days, almost a war with iraq, we had a global pandemic, wild fires, i don't know what he can throw to get it to go down, now you add in the high possibility of tax cuts, you don't want to be short of this thing by the brakes. ashley: so far so good, gentlemen, big show today, run out of time, chris, tom and phil, thank you, gentlemen. all right, the closing bell ringing in 50 minutes as visa takes the lead on the dow, shares hitting the all-time high, as you can see up 253 at
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♪ ♪ ♪ ashley: democrat presidential candidate bernie sanders campaigning in crucial state of north carolina today getting a jumpstart on super tuesday as it's one of the 14 states set to vote but democrat primary remains in confusing state at the moment, one forecast model predicting that the vermont senator is the most likely person to win the democratic nomination while the other model says, there's a chance of there being no pledged delegate majority and we know that could lead to a contested convention. wouldn't that be interesting? our next guest is a democratic insider who says it's clear the moderates are the silent majority in this race, the former chairman and ceo of ubs america's robert wolf in here live in the studio, robert, we talked about the brokered
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convention the last time we talked together, this is a real split in the democrat party and how is this going to play out, do you think? >> how it's going to play out is one thing we just don't know. the 40 to 45% in the populist left lane and 55 to 60% in the moderate lane, everyone is a progressive in the party, everyone is for gun reform and climate change and immigration reform and health care as a right but the question is how do you coalesce around one person, we are not finding that, we were speaking about iowa and new hampshire, the one thing that they normally do they did not win other field n2008 it was between hillary, obama and edwards and 2016 between bernie and hillary, today we may have 6 or 7 candidates going to super tuesday. >> there's a belief that as bernie certainly getting a lot of headlines right now that he will get torpedoed much like he did by hillary clinton in 20166 because the -- 2016 because the
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belief that bernie can't beat trump. >> the conspiracy theory that hillary's people torpedoed bernie isn't it true. ashley: podesta emails showed they were not happy with bernie. >> not surprising it's a competition. that's for another topic. ashley: indeed. >> away from that, there's a nervousnesses with someone like bernie being the nominee. ashley: too far left? >> the country is not raising their hand for medicare for all. the democrat party this time around will absolutely unify whoever the candidate is, i would say they like bernie more than trump. i would say that differently more than president trump. ashley: fair enough. can they coalesce and get behind a billionaire mike bloomberg, you know, he could end up being the nominee?
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>> he could be the nominee, there's no question that, you know, his money is making a difference right now, he's in 15% in the national polls. ashley: how does that sit with sanders and warren who take every opportunity to bash the very rich? >> right now, it's a competition, primary competition and people should compete and they should vet bloomberg, he has not been on debate stage yet, you know, they are hitting him on some of the past things, that being said, we have a whole primary season to go through, then we have the convention, if mike bloomberg is the nominee, my view is people coalesce around that, if it's bernie the nominee, they will coalesce around him. no one can get the 1900 delegates. ashley: we have not mentioned up to now which leads me to believe he's done joe biden. >> i totally disagree that he's
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done. i think he will win in south carolina, texas has him number 2 and that's a good sign for joe and he's raised a decent amount of money. ashley: is he up for the rigors of the campaign, i mean, look, i'm not going to harp on his age, he's had a lot of gaffes and he's gaffe prone and he struggled out there. >> i think when you're on the debate stage you wish you had -- ashley: sure. >> i ran a big bank, we call them wolfyisms, two words together and i say, oh, my god, what a gaffe that is, we've all made gaffes, listen, there's nobody who has been on the debate stage that i think can actually unify the country more today than someone like joe biden. ashley: i need a lot of -- [laughter] ashley: robert wolf, i wish we had more time. >> thanks for having me on. ashley: let's take a look at the big board for you, how is wall street doing going into a long
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weekend, of course, president's day on monday, maybe investors wanting to take money off the table as they head into a 3-day weekend, the dow up 114 points, getting squeezed, second straight day as they drop credit rating and the move coming one day after 9 brokerages cut their price targets on shares after the packaged food company lowered four-year earnings, kraft heinz down 4 and a quarter percent. coming up next, cold february day in new york; but in miami it's all about cool waves and hot boats and check out this dude, cheryl casone at the miami boat show to make your winter blues just melt away. the claman countdown will be surfing and coming right back. a new brokerage account,
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>> the beating industry is helping to keep the florida economy, yeah, you know it, afloat, according to national marine manufacturer's association, adds over 23 billion to state's economy, also helps, by the way to create over 92,000 jobs, this as hundreds of thousands of boat lovers descend on miami for the 79th annual miami boat show and now we are heading down to miami, guess what, that's where we will find cheryl casone in the middle of the ocean, look at it, life is tough, cheryl. cheryl: yeah, it really is, ashley, good afternoon to you. the director global market in malibu boat, what's going on in malibu? >> great weather, always helps with the boat show, we are expecting a great weekend.
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[inaudible] cheryl: part of the business. >> yeah, a lot of what we do is sponsor athletes in the industry to be out there competing and advocates for water sport. cheryl: talk about the consumer, obviously great for ocean or miami, this is something -- >> a lot of people are learning about tow boats, this is a way to get exercise, low impact, surf season for people to pick up and great family activity. cheryl: it certainly is. [inaudible] cheryl: we will keep the camera on brian, the technology is pretty exciting? >> yeah, across the board any of the boats that you see here in
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miami especially cobalt and malibu, we specialize in making the driver's experience, the passenger's experience seemless as possible and that's technology. cheryl: ashley, i will send it back to you. i have to say, this guy is amazing. ashley: yes, indeed, we were just commenting on brian back there, he's been out there for 8 hours now and, yeah, he's pretty impress i have to say the least, cheryl casone out on the boat down in miami for the boat show, hopefully she took the company credit card and maybe we can buy one of those, how much fun can that be? sorry, anyway, we better move on. there you go. [laughter] ashley: that's the anchor's curse right there, sorry, brian. wipe out, the stocks are not wipe out, they are in the red for sure as they head in long weekend, let's get down to susan li, she never wipes out at the new york stock exchange for fox business brief.
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>> roku is selling off today despite beating fourth quarter sales in latest earnings and thanks to debut of disney and apple streaming services, sales of the streaming player and media player recorded a 4.6 million active account in the quarter, that takes a total of 336.9 million users, speaking into the red midday, online review company yelp getting zero stars after reporting lower than expected revenue, car gurus, digital auto sellers seeing worst day ever, crashing to now record low on week for your guidance. red certainly the color of the day but it is the season of love as you know it is valentine's day and what are you waiting for, we will get you so much more right after the short
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break, the claman countdown returns. at comcast, we didn't build the nation's largest gig-speed network just to make businesses run faster. we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond.
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and strengthen confidence in you. flexshares. powered by over a century of investment expertise before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. ashley: apparently not a happy new year for u.s. retailers, commerce department showing retail sales climbed well, modestly, we will call it that in january with sales at clothing stores falling a steep 3.1%, that's the biggest decline by the way since 2009 but with this year's valentine's day spending on pace we are told for a record, retailers finally feel the love on valentine's day, joining to discuss this and more retail analyst. >> thanks for having me.
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ashley: i thought it was a after holiday period, right? >> it is. when you're seeing big headlines about coronavirus, retailers exposure to china, given the coronavirus, i think when you see a slow do you know with retail sales especially in january people tend to panic, you're absolutely right, things start to slow down and retailers, i think, also the spending shifted a little, it's not necessarily people buying apparel like they are used to. people are spending more money in restaurants and going out. ashley: experiencing as they say. >> experiences. ashley: someone said to me, make sure you ask about gallentine, a group of women bashing men? >> no, came up for parks and
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recreation episode, it's called gallentine's day, so you see me with my gals here. ashley: look at you. very cool. imaginesociety okay and we get to gala for the mission, we were all together hanging out. according to retail federation this impacts valentine's spending, people are spending $30 more on friend and family versus significant other. ashley: interesting it. quite significant, is it not? >> it is. ashley: whenever we talk about retail, retail ice age, so, my gosh, so many stores coming and going, classic names along with it, how do you see this new year playing out, are we going to see more traditional stores going away to e-commerce?
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>> so what is happening right now with the stores, and i've said this a lot, when -- after the recession i think retailers assume that people were going to go back to spending spending tht they were, as we've been covering for a long time together, as we saw, people didn't, they were scared, the economy came back but people -- the mind of the consumer was very different. so what we are seeing now is stores are consolidating, macy's getting rid of anchor stores for smaller footprint. retailers like nordstrom joining forces with resailers, you are able to get resold clothes in nordstrom, the whole model is changing with retailers, we are seeing that, really impact the bottom line, big -- big footprints doing make stores money. ashley: sorry to cut it short, we have the president speaking to border patrol council, we are listening in. live right now. >> him and the little group, i hope that guy runs and that was
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before i met the decision to run actually, you were there before the beginning, right? i want to thank you all and he loves our country, your whole group loves our country and so i heard about you being here and i said if you want me brandon, i'm yours, if you don't, that's okay too, i can save a little time. [laughter] >> let's have the president walk over, i just -- numbers just came out, 90% of americans are satisfied with their personal life, i don't i don't know how u define personal life because that could be a very big definition, but it just came out of gallu and 90% of americans satisfied. 63% of americans are satisfied with president trump's handling to have economy, that's a very high number, highest in over 2
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yards, 6 in 10 are better off financially, tremendous optimism which is a big thing and 61% of the voters approve of trump's handling of the coronavirus and, you know, we did a very early move on that, we did -- i was criticized by a lot of people at the beginning because we were the first -- we had never done it before, we closed our borders to certain areas, it's never happened before where we did that, we never closed our borders but we did it and actually did it early and we took criticism, now everyone is saying we did a good job and chad, you've done a fantastic job and i appreciate it, you and your whole crew. 72% republicans say that and we are -- what do you have of first small number of people in the country right now with it, it's like around 12, many of them are getting better, some are fully recovered already. so we are in very good shape. ashley: we have been listening to president trump, going to take a quick break and we will be right back.
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[ applause and band playing ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ ♪ ♪ ♪ ashley: all right, can we turn things around, s&p an nasdaq back in the green and of course, final minutes of the trade, the dow also coming back off 63 points, the nasdaq up 5 points, if we can get a gain of 13.99 on the nasdaq, that would be another record close, thank you senior editor charlie brady for that little factoid, again, s&p you can see just barely in the positive and the dow, down well over 100 points is now down just 65, maybe investors are not taking all of their money as they head into this long holiday weekend, let's take a quick look at the transports if we can, that's always seen as forecast
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for the economy, the dow transports down 130 points, so anyway, maybe not read too much into that, a market that's been weighing pretty positive economic news against, of course, the fears of the coronavirus and that will do. the trade averages, though, you look at the averages they are up for the week, so that is certainly a positive and that's 2 weeks in a row by the way, so not bad, all right, let's change subjects here, let's get to tesla, certainly being the talk of the markets in 2020 and, of course, all the stock action that we have seen on this company and now the sec is taking aim once again, what guess who is going to break it charlie gasparino. what is going on? >> musk got in trouble for saying funding secured at what number 420. ashley: now here we are. >> you would think that the sey
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would go away since stock is at and investors didn't lose any money even though they initially did and we know and understand based on sec filings, this has gone -- from tesla's own sec filing that they still face what appears to be a serious sec and maybe even potential doj investigation. ashley: related to what? >> two things, sec sent him another subpoena on financials and financial condition, so i guess they are look if they properly disclose that financial -- that stuff. doj has sent a letter, i don't know if it matters if it's voluntary or not, companies try to down play these things by saying voluntary, if the doj -- if you don't voluntary -- pretty amazing. if you don't give them the information voluntary then you
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you have to give it. ashley: first polite request. >> the second, doj is still looking at it. according to tesla themselves musk 420 statement, they are investigating whether that was manipulative of the market. ashley: i thought that had gone away. >> via the sec, he settled something with sec but the doj and this is coming out of san francisco office from what i understand is separate and if you look at this, they are still looking at it, now, a couple of points to investors if you're looking to -- if you're worried about this as existential threat to the stock, the trump doj has been pretty reticent in terms of cracking down on white-collar crime. the justice department and the sec, you know, they've taken a much more friendlier to corporate america, all you have to do is look at the sec settlement with musk, he paid a
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few bucks, the thing went away. ashley: yeah. >> the doj, a criminal probe that does something to the comp just reading tealeaves doesn't seem like that's in the card, if it's out there, it's out there. that's one thing. the other thing with tesla i would say i think this company is going to make it or break it on the numbers. when you have a high stock valuation as you have now, you can borrow money all day long. ashley: sure. >> everybody will lend you market, you can go to the market, secondary offering, they are trying to raise $2 billion, they are pricing 750 or so. ashley: i don't think you're helping the stock right nit is. we talked about it in my tweet about this, so -- ashley: way to go, charlie. >> sorry, guys, if you own tesla. [laughter] >> marco owns tesla. ashley: does he really? >> just the real question, you know, the financials, you know,
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remember, elon musk said a couple of weeks ago when they -- during a conference call when they had better than expected earnings; i think the stock hit 800 at that point. ashley: he was dancing in shanghai and the sentiment around him -- that's a great name for album. >> dancing in shanghai, he also said we don't need to raise money and that makes me think that the company is saying, okay, we got the high valuation, we better get as much capital as we can, we have all the commitments to build cars, to build plants and we need to cash in on an 800-dollar stock price because it will not last forever. it keeps going down, what the hell? ashley: way to go, charlie. >> for investors out there -- you didn't hear much about the sec and doj stuff, it was glossed over by the stock price and secondary offering which they will have plenty of takers given the sort of -- ashley:
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yeah. >> it is out there. investors should worry about that and worry about why they needed to raise money after elon musk said they shouldn't, so he's -- they are suggesting that the 800-dollar stock price in my view will not last forever, they have financial commitments. ashley: how much of that is a short squeeze? >> i think that squeezed over already, the real question jim -- i don't know. ashley: who knows? >> that's where you are right now. if they throw the towel, who knows, maybe 6,000 -- ashley: some people have said that, charlie gasparino, great stuff. let's move on the closing bell is ringing in just about ten minutes from now, coming up next today is countdown closer has no love for any sector of this e are companies that are hisay heart raise races, let's find
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♪ ♪ ♪ ashley: rocket mission to the iss, international space station delayed, the ship was supposed to be heading toward international space station carrying a cupid's day care package, it's supposed to launch tomorrow, the cargo mission ng13 carrying 7600 pounds of experiment gear, food, hopefully some chocolate and other supply for the crew in the space station, we will do it live and guess what, it didn't work out. markets let's take a look closing bell coming up in just about 6 minutes from now, the dow desperately trying to turn things around, the nasdaq getting close to record close, we are almost there, the nasdaq is up 11 points, s&p up
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slightly, dow up 36 points. let's get down to susan li live on the floor with the new york stock exchange with some of this week's biggest losers and winners, susan? >> let's start with the dow, earnings has driven the stock movers as well, nike, one of the best performers, up 4%, we are talking about show that we showed this weekend, $400 that's all that it's going to cost, visa up as well, renewing their multiyear partnership with barkley's and united healthcare getting bids, health insurers has been the story the last few weeks because it looks like those medicare for all bernie sanders and even the elizabeth warren aren't as popular as some had expected in democratic 2020 race, dow lowers, merck, verizons as for the s&p, again, earnings driving the story, nvidia great earnings after the bell yesterday, t-mobile and the merger with sprint finally being
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approved and looks like telecom there hitting record highs as well, after for the losers under armour funder performing, they will take a 50, 60 million-dollar hit from coronavirus, warren buffet invested, still not performing as well as as omaha had wished. as you see, it's earnings driven story, long weekend, a lot of people don't want to hold risk into it. ashley: very good, susan li, thank you very much at new york stock exchange. keeping an eye on the nasdaq, right now at the close right here up 14.49 points that would be another record close for the nasdaq, so it's touch and go, now one below it, whatever. love should be in the air, of course, on valentine's day but today's countdown closer may be breaking hearts today, we become clear bridge investment portfolio management michael
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clifell. >> first time accused of being a heartbreaker. yes. ashley: with that said, michael, why don't you like any particular segment ever? what's going on? come on. >> i think what we say is that we've had a terrific start to the year in 2020, real continuation of what we saw, there's a part that feels like momentum. the market was up 30% last year and markets up 5, that disconnect can't forever. while we continue to be positive given decent economic activity and decent low interest rates we are not finding anything or any sector in particular that takes us as being particularly attractive or relieve value. ashley: we need a sad -- where would i put my money?
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>> well, tepid is a good word. a few selects, sort of individual names that we are finding, not so much a particular sector. ashley: let's look at your picks, comcast, well-known name. >> comcast is, a bunch of things we like about comcast. tremendous growth in high-speed data business and offsetting any challenges you see on the cut-cording side, long way to go there. penetration opportunity, many people are still on dial-up or something like that, there's a pricing opportunity, if you look at how the stock is valid, the cable system's business, like charter you are getting the rest of the business for free. ashley: next one williams company, what's that? >> natural gas pipeline companies. it's hard to find good income.
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dividend safe and secure, we like their folks on natural gas because we think as the world evolves to low-carbon future natural gas has key role to play. we think it'll around longer than oil and help the world reach targets that we need to. and right now the stock is under pressure because natural gas prices are weak. ashley: right. williams is relatively insulated for that. ashley: the last one is edton international, tell me about that? >> people aren't familiar, maybe familiar with big division which is socal edison, southern california edison electric utility for los angeles. ashley: right. >> today trade 20 times earning and high-quality utilities in high 20's, what we like about this in the summer of 2019 california passed a new rule that limits future risk from wild fires and obviously people are very concerned about the impacts of wild fires, so with that -- ashley: pg&e.
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>> investable again and safe to get back in the water and what we think is unique is that because of all the spending they need to do to mitigate wild fires and because of renewable portfolio standards, edison should have much faster growth than the average. ashley: last question, we will bring politics into this if president trump gets another -- another term, isn't that positive for the markets and couldn't we see another boost? don't want to comment on that? >> i think positives and negatives to that. ashley: what if bernie sanders wins or someone socialist inklings, that can't be good for the market? >> the political ramifications are multivaried that it'll be hard to think through. i think, glow, longer-term considerations at play in terms of fiscal responsibility. ashley: you're such a diplomat. i don't think you broke any hearts, by the way, we will take that back, thank you so much for being here. appreciate it. markets making a comeback, i was just looking at this, yes, the
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nasdaq if it can hang in there another record close, the dow clawing back over 100 points, in fact, there we go. nasdaq records that will do it for the claman countdown. [bell] ♪ >> coronavirus fears rein on wall street. , the dow ending down, you could see there about 27 points. i'm melissa francis, this is after the bell, the s&p 500 and the nasdaq, though, we want to focus on that ending the day in the green, looks like they both got it, s&p has to be up and looks like just barely got that, the nasdaq had to close up about 13.99, looks like they got that one too.
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