today, activision up 12%.. >>> halliburton pleaded guilty to destroying evidence related to bp's 2010 gulf oil spill. the company had provided cementing services to help seal the well on the deep water horizon rig. halliburton will pay a maximum $200,000 fine and is making a voluntary $55 million payment to the national fish and wildlife foundation. halliburton stock up half a percent in frankfurt. >>> still to come, sac capital is under fire. if the u.s. government is successful in its insider trading case, it could spell the end not just for hedge fund, but also its founder steven cohen. we'll get the latest right after this. >>> recap of the headlines. vivendi moves to remove most of its holdings in activision blizzard. nikkei ends lower as inflation logs the biggest jump in five years. and sac capital prepares for an arraignment on criminal fraud charges. the future of one of the high profile and successful u.s. hedge funds is up in the air today after the government filed criminal insider trading charges

you mentioned activision blizzard, and vivendi. just show you what is happening with the stocks here in europe. vivendi up 2%, will retain the 12% stake in activision blizzard. don't forget, they're going to get $8.2 billion. the interesting thing here is they also sold a controlling stake earlier in the week and maroc telecom. add the two together, they get $13.7 billion. there will be question marks on what they're going to do with that money. maybe some of the other m & a guys will be taking the view. up 13% after gaining control of the company. some other companies, renault down .9%. it lifted its core profit, but a big sales slump in europe. they did get a rise in first half earnings only after reducing costs. lvmh up 4%, battling a slowdown in china as we know, with results still positive. the firm reporting an 8% rise in like for like sales. and angela merkel doing okay for bas basics. a pretax profit of almost $2 billion. we keep our focus on earnings. overall, equity is lower, heading toward the u.s. open. back to you. >>

activision. up 13 &. capital one venture car to fly home for the big family reunion. you must be garth's father? hello. mother. mother! traveling is easy with the venture card because you can fly any airline anytime. two words. double miles! this guy can act. wanna play dodge rock? oh, you guys! and with dole miles you can actuay use, you never miss the fun. beard growing contest and go! ♪ win! what's in your wallet? tracy: in. tracy: earnings heating up this season. here with some big names to watch godparents' senior editor. first of want to talk about how to find cheap stocks with stock buyback. i have to quickly tell you my theory. i don't believe it. it's like living with a guerrilla never marry her. a dividend is to middle. that's the truth of it. >> and the worst part is with repurchases when the companies spend the most money on their shares, not when shares are cheap. earnings are booming and share prices tend to be higher. companies, like individuals, tend to overspend and buy back stocks. as an

activision is the largest videogame publisher. they will still retain a stake in activision.ant to know. it is friday morning and charles claims he will make us some money with a housing stock. charles: they have been hammered. i think that the street is overreacting. this stock is, in my mind, extremely oversold. the value of those orders are up 78%. stuart: look at that chart. charles: i think that they have all sold off big time. there is the chart. look at this, stuart. that is a huge selloff for a company. down here, i think your risk reward is phenomenal. maybe 35 risk. stuart: ryland homes. now this, new jersey congressman rush holt released a youtube campaign video saying millions of americans will suffer dire consequences if we do not pass a carbon tax. listen to this. >> i am and energy scientists. on climate change, either we take real action or millions will die. the answer is a carbon tax and i will fight for it. we can do this. stuart: millions will die without a carbon tax? let's ask doctor marc siegel. that is a remarkable claim. millions will die. you are a d

that could partly explain why activision blizzard is banking on the consumer by buying back its oon sharesor cash. $6 billion worth. the maker of call of duty in world warcraft, borrowing roughly $5 billion. you just saw the last half-hour, the ceo will buy back another 2 billion in stock. right now look at the shares and see how they're doing. good jumping nearly 15%. $2.25 is in into the picture. look at the week and month. it's a really nice move. we have some major news. a lot of you own this stock. a short time ago european air safety regulators following u.s. regulators instructed operators a boeing seven a 70-tie their removed or inspect all emergency transmitters. it was yesterday that the u.s. ordered a similar action. this follows the fire inside the park ethiopian airlines 7/8 seven from two weeks ago. shares were never truly hammered after the accident. at the moment down about 1%. standing at 105. and in the u.s. dollar falling to a five week low against major currencies ahead of next week's federal reserve meeting. investors may be thinking the fed will reiterate its intentio

. >> well, it is activision who has the gaming attention today. >> we should talk activision and avens is enormous with 8 billion being exchanged between activision blizzard of course and what had been or the majority owner bavendi, and 12 million shares bought back by activision directly from the company, and by the company i should say from them, and then bobby coatic along with the co-chairman brian kelly are personally investing $100 million each in what is a special purpose vehicle to go out the buy 172 million shares from bavendi for 13.60 a share. >> this is a player. >> he is a player. he has good inventions of games, but this guy knows the way around the balance sheet, and that is the the greatest strength is in fact the financial acumen, and we had him on earlier on "squawk on the street," and this is what he had to say about the accretion from activision about this. >> this is a transaction to benefit the public shareholders and all of the accretion and there is 50% accretion for the balance of the year will be able to with the more efficient capital structure double the re

activision was up 15%.st videogame publisher actually agreeing to buy back 429 million shares from vivendi. vivendi had a controlling stake. they will have a stake but not controlling stake. you had act very vision jumping the news up 15%. another great game they make is "world of warcraft." hitting a new high with this big move today. back to you. david: you're too familiar with those games. that's scary nicole. i want to say. have a good weekend. liz: s&p futures are closing right now. this is a videogame that's live with scott bauer in the pits of the cme. hey, scott. >> i wish i was as good as these games as my kids r. been quiet after last minutes closing positive. these telling me after being so bearish earlier today, 1700 is right there were insights. wouldn't doubt if we challenge that monday morning. that's what they're tell me here. look for a nice little pop on the opening on monday morning. david: only eight points away and we're there, at 1700. >> that's right. liz: resistance two days this wee

so my question is activision and video games stuff. >> no, i think they should get off their butts andork. it's finally doing all right. and you know what, i've been recommending microsoft on the xbox and that's actually been much better. let's go to juan in florida. juan? >> caller: boo-yah, mr. cramer. >> boo-yah. >> caller: my thing is accomplished a great deal through tesla. >> goldman put out a really bad note today which basically said even in a bull case it doesn't deserve to trade above the teens. i've been saying, you know, first i kept you out of tesla for the first few years, that was good, when it started rallying, i liked it, but i said it's a cult stock, it remains a cult stock and i don't opine on cult stocks. let's go to bob in new jersey. bob? bob, come on, home state. >> caller: yes? hello. >> you're up, bob. >> caller: i'm up. >> yeah, you're on tv right now. >> caller: boo-yah, jim. >> boo-yah. >> caller: your opinion on new york exchange, thousands of shares of it, i sold some at 40, the mid-40s. a friend of mine advised me to sell it at 18 and naturally it's gone

. >> pete, activision, up 45% over one year and 13% today alone. >> and today the interesting reaction is the fact that they actually were able to retire some shares. they actually bought a lot of shares from vivendi. no longer the majority shareholder. that gave people a lot of information about the company. they're willing to buy up at these levels. people are willing to get into this stock. i think the stock when you look at the reduced share comp, the earnings per share look incredible. >> doc, over the past several weeks i could tell in the way you talked about it, you want to be a believer in newmont. this company give you any reason to be? >> no, not with this report, judge. in fact, they gave you reasons to run for the hills, at least in this case. >> have you yet on the miners? >> no, no. as i told you beginning of the week though, when we had that huge surge through 1300 for gold and we had i think nugget and a number of other of the leveraged etfs, the miners or gold, i said now is when you layer in calls. you start selling aggressively calls in there. it's down 2% today new

bucking the trend, shares of activision are soaring today after the video game publisher said it willllion worth of holdings in the company. if you're looking for love you might want the booster credit score. according to free credit score, roughly 20 percent of men and 30 percent of women would not marry someone with bad credit report. the concern, a partner with bad credit score could hurt prospects for getting loans to lower interest rates, and as the latest from the fox business network, giving you the power prosper. [ shapiro ] at legalzoom, you can take care of virtually all your imptant legal matters in just minutes. protect youramily... and launch youdreams. at legalzoom.com we put the law on your side. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. ♪ connell: there is always somebody pushing green energy. that is why we thought it was kind of strange that a new study came out

activision ceo is second at just under $65 million.nves of cbs, david zaslav and james crowe. the top woman on the list, yahoo!'s marissa maier. as you might expect, a cash portion pales in comparison with its value of the stock and options. equilal says the compensation was $5.3 million while stock and option grants totaled about $9 million. combined, stock and option awards made up 60%. their pay. ellison, for example, received $97 million in options or 94% of his total pay package. now, the so-called golden parachute is still envogue for ceos who choose to or are forced to retire. equilar says the top package went to conoco phillips' ceo after a decade of service. he took home $156 million. much of the payout came from the market value of stock gains he received while working at the oil giant as well as a cash severance, bonus and additional retirement distributions. ross. back to you. >> all right. seema, thanks very much indeed for that. >>> now, we've got more spying allegations. just to recap this story this morning, senior poli

journalists portray them not only as hackers, but is something like the honey badgers of activists are -- activision. the honey badger is a frightening and fastening animal. incredibly brave, incredibly stupid. apparently, it can propel lyons and go after honey bees. --ically, the slides that should work. ok. hopefully double fix the problem. the honey badger is frightening, incredibly brave and stupid. like the narrative goes, these hackers just to not give a shit. thatare just quite shocked their actions may seem more mature. this thing is possessed. let's see if this takes care of it. i is for this reason that have been asked over 20 times transition.ous's every time they do an operation it seems more mature, they say they are maturing. they are going into adulthood. fair enough. the birth of anonymous can perhaps be located as a time of transition. for those that may not know, prior to the name being used for activism, the name anonymous was used primarily for internet trolling and cranking. hat they call internet -- do you know? it is not my computer. basically were named by trolls to go on cra

today it's cable activision up 4%.le, nothing has changed since i told you a little over two weeks ago. it is kind of a teddy bear hug. >> charter doesn't have any weapons here. liberty doesn't want to go hostile, and they are applying as much pressure as they can in the sense of a quiet but public campaign among shareholders, analysts to get people talking about it with me and everybody else with the idea being that you can change the shareholder base, and forced take notice. maybe we should try and figure something out if it's possible with charter. charter, let's not forget. it's so small compared to time warner cable. you would have to ler up time warner's balance sheet and to get a deal done. a lot of the benefit, therefore, for shareholders to see. there's multiple disparity. there's so many different reasons why this deal will not get done. stock keeps moving up. every time i mention it and say all the reasons why to make that happen, it goes up even more. >> people just feel like -- >> they feel like consolidat