it's an incredibly big market for alcoa.he united states and europe show sluggish orders in this category, but alcoa boosted for europe and upped the china growth rate from 12 to 16%, up to 17 to 20% range. that's pretty amazing. same with auto. alcoa keeps u.s. positive, europe minus, but china goes from 7 to 10 to 9 to 11. i know that doesn't sound a lot to you, but that is very big and very positive tightening of the range. alcoa's keeping its worldwide building construction, maintaining its bench can. hey, by the way, it's worth pointing out that u.s. beverage cans continue to be soft. europe has gotten even weaker, down to 2 to 3 from down 1 to 2%. so keep that in mind. but overall, the global picture is robust for the engineered products portion of this aluminum maker. and you know what? i think you get even better in 2014 when costs come down and cash flow continues to rise. here is the bottom line. i'm going to say it right here. i think this stock aa deserves to sell higher. but this is a true "deserves has nothing

it's got alcoa run in place. although i don't think it's going to go down that much more unless the u.s. defaults. you see, kleinfeld can't control the world price of aluminum, and the darn metal has been in glut for years. that's been a constant drag on the company which has had to take out costs and capacity pretty much around the globe just to tread water. it doesn't matter. even after alcoa's gigantic cuts, in spain and italy, you know what it's like to close a factory there? there is still way too much of the stuff. but they're able to fashion aluminum into products that are taking share from other materials that are growing well. even if you can't stand the stock because you never think that aluminum is ever going to go up in price again, and you're in belief that the company is actually hemorrhaging money, you should still want to know what alcoa is saying about its customers. before i tell you how they're doing, let me first tell you that klaus wants everyone to know that the debt ceiling talks are taser-

alcoa has had a difficult time to be able to charge more. they have 16% or 651,000 metric tons in selling, smelting capacity off-line. so they cleaned up the business. they narrowed their opportunities to be spending too much money. in turn they have beat estimates on -- david: liz, another very important thing hitting the wires right now during the third quarter the settlement discussions with the department of justice, of course the department of justice has been coming down on a lost corporations recently not only in the financial sector but also alcoa. the sec continue with their discussions. no settlements were reached but it seems like reading between the lines here, that alcoa's is suggesting that perhaps they have gone a long way to settle their problems with both the sec and the department of justice. liz: they are reaffirming david, their forecast of 7% global aluminum demand. that is exactly what clause klein felt, the ceo told as you week ago. we had the opportunity when we spoke to them exclusively on 125th anniversary? what do

> >alcoa beat and actually beat by a lot. a big surprise to everybody given the fact that aluminum is the worst fundamental based metal in the last 10 years. huge stock overhang, 100% supply growth out of china. nobody has any hope for alcoa and the aluminum market but they somehow have been able to streamline their operations and make some money. great to see. > >what about fed fears in tapering. has that been wiped off the map now that everybody's worried about washington? > >it's a great point. tapering if anything now given the drag we have on the gdp and the partial government shutdown, perhaps is gonna be delayed until maybe january. nobody's talking about it. i haven't read a thing about it but people are starting to expect maybe december's not gonna happen because of the gdp drag that we're seeing. so, nobody's really talking about it but it's something that will come front and center once this political stalemate gets figured out. > >are there places where investors should be rotating their money into or out of? > >i

actually it is too bad they took alcoa out of the dow. alcoa is up nicely.not long ago. liz: replaced it with nike. let's go to nicole petallides on the floor of the new york stock exchange. let's not ignore another dow component. hpq following comments from meg whitman. she is back in the game. >> we had hewlett-packard and alcoa in the dow that would have helped. we're watching comments from meg whitman and very positive ones from that. basically talking about sales. she expects them to stablize. that helped move hewlett-packard to the upside. bucking the trend of the market even when the dow was down. david: one index how crazy the market has been ups and downs, machinations from yellen and the debt ceiling crisis. the very started off. of course that is the volatility index. when the vix is up, that means craziness is up. you see the green arrow, up about 5%. now it is down almost 5%. that kinds of gives you an indication of the mood of the market. >> it really does. right after we heard from our fed minutes, and, we saw what we saw is that the markets,

and has alcoa lost its appeal as the leader of the pack of this earnings season...? we'll be right back. ♪ ♪ ♪ ♪ ♪ the corporate earnings parade kicks off today with alcoa and yum brands reporting in. but will the shutdown overshadow that? joining us now is sheraz mian of zacks.com. thanks for coming on the show. > >sure. thanks for having me. > >what do you think here? > >yes it is. so, if we don't resolve this matter, if we don't put this behind us and it continues for the rest of this week and next week then we are on to the debt ceiling deadline. the market wasn't too concerned about the government shutdown, but the debt ceiling is a big deal and then nobody will talk about corporate earnings. > >estimates on corporate earnings have been ratcheted down considerably. why is that? > >we have seen that angie consistently over the last six quarters that management teams have steadily been guiding lower. it's not a new phenomenon. at the time when q3 got underway in july, the expectation was for earning growth of about 5%. now it's close to about 1%. we are seeing tha

earnings from alcoa. john boehner coming up in the second half hour. i'll see you tomorrow. >> it is 4:00 on wall street do. you know where your money is? hi, everybody. welcome back to "closing bell." i'm maria bartiromo. close at 157 points. we saw selling intense fife just about 10 minutes before the close. nasdaq composite down 75 points. that has to do with technology and biotell. biotech hardest hit down across the board after having run up 60% year to date on the major biotechs. s&p 500 down 20 points. 1.25%. the market clearly worried about the debt ceiling, now nine days away according to the treasury. joining us now, he finishes out his final trades on the floor. peter shift, the stock market is worried. you're not worried. >> i think the stock market is going down because it needs correction. i don't think it's panging because of the debt ceiling or the shutdown. however, the resolution to phony crisis may be the end of it but that doesn't mean it caused it. the main reason is the debt ceiling. the president danlt won't to pay our bills. he'

alcoa easily beat earnings forecast thanks in part to u.s. auto makers keeping plants open during the summer, increasing demand for metal. alcoa shares fell in the regular session but rose in after hours. >>> also reporting tonight, yum brands, the owner of kfc, taco bell and pizza hut missed estimates after a sharp drop in china. shares fell sharply in after hours, but this is just the beginning. kayla looks at the upcoming earning season and gives a preview of what to expect. >> reporter: washington may be closed for business but corporate america will be up and running this week when earnings season kicks off and it could get ugly a. quarter of the companies in the s&p 500 came out and said earnings this quarter will be worst than expected, and in just the last month, the spoken investment group said analysts slashed expectations for 29 more companies than they raised the expectations. just nine companies will report this week but they could hold clues for a broader market reaction. most investors have eyes on banks, which reagan reporting

so alcoa out with numbers that beat the street, but the company isn't quite the "it "company it idiot the grand plan to keep the grand canyon open. a town is raising $400,000 to keep the park open shutdown. but they have been shot done by washington. mayor, here you offered a lot of private individuals and corporate interests, offering money to keep it open. you were reject by the government. why? >> they okayed that it's based upon -- they indicate at it based upon a policy they have of not accepting third-party donations during a partial shutdown, but as other fors indicated, there's historical precedencin' 1995 where they did allow third party donations, that of private individuals and the state of arizona. >> neil: , so let's sort this out and see what's really going on. is there a sense that you get that the federal government is really worried more about liability here, that the big issue and the $400,000 you raised is dwarfed by the potential possibility if people sue for tripping or falling or literally going off a cliff. what do you think of that? >> the federal government al

alcoa -- by the way. ll care about alcoa, >> a major component of the material sector. a week from today we have jpmorgan reporting. the fact right now we're looking for about 3 .2% year over year gain for third quarter numbers. more importantly, you're seeing an increase in revenues. revenues are expected to gain 4% up from a decline of 0.01% in the second quarter. consumer discretionary will be the driver for revenue growth. we had income gains in personal spending, gains in reduction in mortgage debt helping free up consumer -- >> kel yshg i would highlight, you asked about alcoa. from a stock point people may not care but they sell into trucks, aerospace, housing, packaging. we to want hear what the ceo says about the demand trend in those markets and globally. they're around the world. you want to listen to the data points of what they say versus the stock price itself. >> demand has been tough there for their markets. their costs has gone up appreciably. >> and oversupply of aluminum, not to mention. >> and material sector for third quarter, an improvement. second

lot of people look at alcoa for a bellwether of economy because they sell durable goods. encouraged by the statement they had? >> i was absolutely encouraged and here's why. they're still a bellwether in terms of the industrial sector, metals and materials. what they said not only do they feel decent about the u.s. but they're feeling comfortable about europe and china. those two areas have been depression on the markets. get those solved in any sort of way it will be nothing but good for those type of companies. david: there is a positive note here. actually ending the day with a triple-digit gain on the dow is a pretty positive note. kim caughey forester, dan, wonderful to see you as well. >> happy to be here, thank you. david: thanks. cheryl: well, democrats and republicans go down to the wire in their battle for a debt and budget deal. we're going to game out the brinksmanship with political strategists from both sides of the aisle. david: trying to do it without blaming each other. we don't like to get into that blame game. >>> also will washington just kick the enti

the auto parts division of alcoa coming through. stocks up 4%, but still $8 per share. the obama demonstration on how many people have actually signed up for the coverage on obamacare exchanges. however, new york state says 40,000 people have signed up. my question is, what does signed up mean? >> it means they have signed up, successfully registered, or able to shop or health care. they have not provided the exact numbers, that it seems to me from the impression i get from the state department, new york state department of health, that's their decision. maybe some time to think about what your options are. stuart: no question about that. 40,000 people have gone through the system, got their own account, have been able to look at whatever options are available to them. they may or may not have purchased but are in a position to purchase. 40,000 people. >> exactly. but the target expects 1 million out of 2.7 million uninsured new yorkers to eventually sign up for this health care. there is certainly not even 10% of the way there. stuart: 960,000 to go. until march 31 to

so we're watching alcoa. you the full earnings report, everything you need to know, to trade on "after the bell", later today. back to you. adam: all right. we've got alcoa and yum brands reporting. lauren simonetti will be all over it from nyse. thank you. lori: the government shutdown continues of the while the clock ticks down to a possible default but is washington any closer to compromise? here's what house speaker john boehner had to say earlier. >> i want to have a conversation. i'm not drawing any lines in the sand. it is time for us to just sit down and resolve our differences. >> and we will hear from the president at the top of the hour but now former democratic senator of north dakota, byron dorgan says the latest d.c. stalemate is a quote, pox on everybody's house. senator dorgan pleased to welcome you to our show. >> thank you. lori: where do we stand with all of this. so much talk, little action, correct? >> well, you know, i was there for 30 years in the congress and i imagine there were a cou

alcoa is starting to get jiggy! keep track of the latter, as i think it's about to make its long-awaited move into teenager status. there's too much good happening in alcoa for it to be kept down much longer. i intend to start banging the drum loudly and quickly for this one. not every company did well today. the big momentum stocks have been defying gravity, they came crashing down. netflix reversed after a huge morning run. tesla couldn't rally. what is that about? it needs another endorsement from someone. linkedin and yelp were treated as the profit taking. the banks started to dissipate. always tough when you don't know which government agency will take a shot at you any day. and the oils were really clobbered. pioneer natural enduring the worst of the pain, falling $1.79. i've been waiting for the weakness caused by fears that oil could be in for a big drop and we saw that today. these stocks are taking well-deserved breathers. nothing more. how long can all this good news come on? the jobs number was so weak

this is the first time alcoa reporting it is not a part of the dow.reporting earnings of $0.05 per share, but yesterday morgan stanley downgrading alcoa for lower aluminum prices. year to date down more than 8%. the other company reporting is the parent of kfc, taco bell and pizza hut. yum brands. it is expected to post earnings of $0.93. keep an eye on china. the biggest and most important market for yum brands. more as a cross on "after the bell." dagen: these guys are not going to do it, the federal reserve. the data charles payne says there is little to get people caring again and that is why so much money is on the sidelines. connell: people don't care? that is the worst state of mind. the senator coming up on things we need to care about. the crisis in washington that continues and social security benefit story we talked about yesterday and if there is a path to a grand bargain. senator tom coburn coming up. and a look at the world currencies and how everybody is faring against the dollar. >> 21 minutes past the hour, this is your fox news in it

alcoa reports earnings after the bell.for a profit of 5 cents on $5.6 billion in revenue. terry dolan, what in the world do you do with this market right now? >> earnings, washington, how do you play this? putting washington aside, i know that's hard to do, we actually like the market here. >> do you? >> we do. we thought some of the short-term movers have cleared themselves up. i think that, you know, the market is at least ready for a bounce of some sort here if not sustaining a little bit of rally. >> what would you buy? >> you know, i think across the board you'd see value. i'd be in tech and some other maybe doubles and higher yielding stocks as well. >> what would the catalyst be, the fact that they get together in washington? >> i think two things. i think that the market has reach aed a zone that's technically desirable and we don't think they can shut it down without raising the debt creeling. >> thanks, terry. the dow down 160 points. earnings from alcoa. john boehner coming up in the second half hour. i'll see y

we talked about alcoa's numbers. lot of lessons within various industries. >> aluminum is pretty much everywhere. your takeaway should be three. coca-cola, i don't trust their numbers coming out. but second, boeing. i also feel great about cummings because i like those built in china. >> what they had to say about autos, tesla, the model s is all aluminum, there's more talk about the ford, the up in f-150s having a greater percentage of aluminum. >> carl has a fabulous relationship with ford. i see the -- if you want gas mileage lower, you have to put a lot more aluminum in cars. klaus owns that market. european car numbers going up good for gm and good for ford. i think gm could go higher here if we didn't have the taser pointed at us. that's the credit -- >> yes. >> family dollar, 85 cents, beat by 2 cents. >> operations matter. the operators doing well in that segment are dollar general and dollar tree. family dollar will snap back. think about dollar general big in california, think about dollar tree as just a fa

obviously, because of the shutdown but we'll start to get earnings reports starting tomorrow with alcoa reporting. will the investors be paying attention to those reports or just will they keep their sights on washington and what is going on there? >> it is going to be hard to shift the earnings, but nonetheless, in this particular earnings season, what we've seen in the past couple of months, the expectations have been chopped in half, it is now expected to grow 3%. if you look at the overseas companies that operate domestically, you see it changing, with companies reporting earnings, showing a big improvement in earnings. and i think that will continue through this year. >> bruce casman, you probably heard about the debt default or the failure to raise the debt ceiling as bringing about the possibility of economic catastrophe. his words. do you see it that way? and would the failure to make good on the federal government's obligations even for a couple of days or hours, produce the economic catastrophe that so many seem to fear? >> i think we have to consider what actually happens. i

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good to see a good move for alcoa. the bells ring on wall street. what an historic day with the fed nomination announcement. first woman ever, right? unbelievable. big move for the usa. dow jones industrials higher. well off the highs. with a gain of about 73 points. we see a little bit of erosion here up 27 points. s&p seeing a tiny gain of one point, the rest, red on the screen. the nasdaq was having trouble today. david: interesting split decision. two up, two down. the time for the front page headlines. president obama officially nominated janet yellen officially as the new fed chair. we knew this would happen last night. she said more needs to be done to strengthen the economy but she didn't give any hints on policy. liz: house minority leader nancy pelosi and other house democrats will meet with president obama in about 30 minutes to discuss the budget and debt showdown. top house republicans will also meet the president. that will happen tomorrow. david: general electric announces partnerships with at&t, cisco systems and intel to expand its

. >> caller: i wish you could shed some light in alcoa. worked in the industry, and it's a product that is used widely in many different industries. i'm curious to know why it performs the way it does. i just heard something about a downgrade. >> i saw klaus kleinfeld, the ceo, yesterday. look, he is doing the best he can. he is a great executive. but in the end, there is just too much aluminum. and a lot of people feel that alcoa can wait. the gift of fear. buyers might think washington is a joke. the problem is the punch line not that funny. "mad money" is right back. >>> coming up, inside job. the government shutdown might stall this week's all-important jobs report. but that won't stop cramer from giving you a look at market moving employment figures. don't miss his exclusive with payroll processor paychex. and later, from the back seat of a ford fairmount to front and center of the new york stock exchange, cramer is reflecting on the lessons learned on his 30-plus year journey navigating main street and wall street. >>> plus, golden p

think thank you klaus klein field from alcoa who used that term. let's take the two biggest sectors in the market. first, tech. i struggle to find an area of tech i'm not worried about. hewlett-packard, sure. meg whitman said reassuring things that amounted to hey, we're not going away. but no one denied pc sales are not going away. they are. micron did a big purchase of a japanese company. last niall night we heard from citrix that business had slowed. >> ooh! >> that's reminiscent of when cloud play red hat disappointed. hey, hey, you, you, government, get off my cloud stocks. these companies have huge business. have you noticed that the government has been shut down for, i don't know, ten days? we were supposed to like telecommunications stocks, but we have research today that verizon is slowing sales. not good. that's an awful lot of large sectors of the economy that can't be counted on to deliver. we're going to hear a quarter where mortgage rates spiked big. do you think that's a recipe for making the numbers? plus, until the debt deal is sig

alcoa is tomorrow. more importantly is the banks. we had a couple problems with the banks this quarter. the first one, of course, being the trading activity has been generally down, particularly on fixed income. mortgage activity is down. a lot of talk that big banks like jpmorgan, mike have higher legal reserves. most of us already know that. while banks may have underperformed a little bit this quarter, at least most of them seem to be having expectations they're going to hit their numbers so far. again, numbers will start coming in on friday. guys, back to you. >> bob, thanks so much. let's talk about putting money to work here. if boehner is bluffing, is this your opportunity to get into the market? joining us on "closing bell exchange," john manly from wells fargo fun, bob kizer and our own rick santelli. thanks for joining us. bob, i want to kick it off with you. we want to talk about the debt ceiling and john boehner commentary and also about earnings as we approach this season. what are you expecting in terms of third quarter

. >>> aluminum giant alcoa reveals its earnings report today. it comes a day after an analyst lowered the target for the company due to a recent fall in aluminum prices, sending the stocks falling 1.4% before trading. big banks will begin releasing their reports on friday. >>> americans will be keeping their credit cards in their wallets. cutting back on spending for the third consecutive month. americans' credit card debt fell $883 million to about $860 billion which experts fear could stun economic blow. the overall borrowing increased to a record $8.6 billion in august. driven entirely by auto and student loans. >>> there's a public health alert after nearly 300 people were sickened by salmonella. the u.s. department of agriculture on monday issued a warning over raw chicken packaged by foster farms. salmonella outbreaks in 18 states, most in california. foster farms says the illnesses were caused by eating undercooked or improperly handled chicken. >>> new 100 dollar bills bin circulating today with a redesign intended to make the bills a lo

. >> sure, alcoa informally kicking off the earning season. if you're a bull then you're wagering you will see, tyler, some resolution in d.c. and also, you'll get a positive earning season, that you will get better than expected data points for traders, investors and analysts to look over and provide hopefully the next positive catalyst for the stock market, guys? >> josh lipton reporting from silicon valley tonight, thanks, josh. >> the situation in washington, day nine of the partial government shutdown and just eight days to go before the government hits the borrowing limit but today, some signs of a possible fall in washington to end that political deadlock. president obama will meet with republican leaders at the white house as pressure builds on both sides to resolve the budget inpass and avert another financial crisis and a possible default on the debt obligations. congressional leaders met and a charity called the fisher house foundation announced it would pick up the cost associated with the suspension of death benefits for fallen me

alcoa is the first stock in the s&p 500 to release earnings after the closing bell. do i have a microphone issue? thank you. i'll take that one. in the meantime we have the ongoing gridlock in washington continuing to drag stocks lower. the dow fell and closed back below 15,000. s&p 500 lost 14 points. the nasdaq was down by 37. people still aren't using their credit cards for the third straight month. credit card usage is down but we're still borrowing money. consumer borrowing jumped to a record $3 trillion in august as americans took out more loans for cars and college, but economists say the lack of credit card usage shows consumers are still cautious about their spending. >>> do you want to get the new iphones for cheaper? you don't have to -- okay, you guys don't but lots of people do. you don't have to go looking around. three big box retailers are doing all the work for you. wal-mart is selling the 5c model for $45 after best buy and radio shack. you're thinking twice about this. they announced they would sell the iphones for 50 bucks. >>> check it out, ladie

. >>> aluminum giant alcoa reveals its earnings report it comes after an analyst lowered the target due to a recent fall in recent prices sending its stocks 1.4% before trading. >>> american, keeping their credit cards in their wallets, cutting back on spending for the third consecutive month. americans' credit card debt fell $883 million to about $860 billion which experts fear could stun economic blow. the overall borrowing increased to a record $8.6 billion in august. >>> there's a public health alert after 300 people were sickened by salmonella. salmonella outbreaks in 18 states, most in california. foster farms says the illnesses were caused by eating undercooked or improperly handled chicken. >>> new 100 dollar bills circulate intended to make the bills a lot harder to counterfeit. it's the first redesign since 1996. and includes a vanishing liberty bell and a 3d security ribbon. the federal bank will deliver these new bills today. >>> fictional tv news anchor is trying to stay classy for chrysler. >> i'm the only one with the guts to tell you about this glove box. 12 volt light b

the aluminum company alcoa is the first dow stop to release earnings. we hear from the owner of kfc, pizza hut and taco bell. the ongoing gridlock in washington continues to drag stocks down. the dow industrials fell 136 points to close below 15,000. the nasdaq lost 37. consumer borrowing jumped to a record $3 trillion in august as americans took out more loans for cars and college. but for the third month in a row, americans held back on their credit card use. economists say it's a sign that consumers are still cautious about their spending. bernard madoff's secretary is headed to trial today along with four other former employees of the now disgraced financier. madoff has always insisted he acted alone and is currently serving a 150-year prison sentence for orchestrating a multi-billion-dollar ponzi scheme. prosecutors will try to prove these five former employees not only helped cover up the fraud, but benefited from it. >> three big box retailers are in an iphone price war. walmart is selling the 5c model for $45 after best buy and radioshack announ

to date reporting mixed earnings news alcoa rises as the demand of aluminum increases but yum brandsafter disappointing results. also investors cheer was picking the next federal reserve chairman janet yellen was introduced today currently number two. she will succeed ben bernanke to be the first woman to have any central bank in the world. imf officials issued warnings about the dangers of the debt default although it is low but congress could let it happen that would lead to a worldwide shock to threaten the global economic recovery. also unsicited 2.3 billion dollar bid the company says the offer undervalues the men's wear house butoseph a. bank says it is that a 42% premium. that i so of t top stories of fox biness.. let's talk abou twitter if u love it why not own it? twitter fans will on get the chance to invest in the social media giant wants it unleashes the ipo but should small investors climbed aboard? joining me now autho of the book you can never be too rich. you are able and with comcast universal? >> that is an important story. it is very clear businesses want to partne

sophie shevardnadze to discuss the situation in the gulf country with prominent bahraini activists alcoa here's a brief preview of that interview. and what's what is anarchy i mean a for looking at the situation right now where we have a crackdown almost on a daily basis where we have people getting arbitrarily arrested from their homes during night raids where we have children being picked off the streets where we have people attacked with tear gas inside their homes where torture is frump and is that not in itself a form of anarchy we don't really have a system that is you know governed by a legal system there are no laws basically the police are free to do what they want government officials are free to do what they want in my opinion that is anarchy in itself. with economic uncertainty prevailing in large parts of the western world members of the brics group of emerging economies are turning to each other for stability indian prime minister has met with president putin today in moscow and china will be his next stop on tuesday according to research and discuss this with or to use it

. >> pop for alcoa? >> they beat expectations.commentary that they talked about in terms of auto and truck and even in china. those are encouraging. >> drop for murphy oil? >> the eia data showing that crude inventory built more than expected to $3.70. that's almost 9%. inventories hit the whole space. >> a pop of darden? >> it has been active here saying he would like the company to split. i guess what is it? red lobster? -- exactly. it's interesting. >> all you can eat bread sticks. >> we had fun that night. you had salads and soups. >> no idea what you're talking about. >> bottomless iced tea. >> i think you could trade all the way down to 40 bucks. >> graded the fizzy lemon lime beverage as a best cure for a hangover. 57 other beverages when it came to sprite. good news if you're looking to watch your calories. plain club soda. >> sprite is being positioned in a very different way. it attracts pretty girls. >> who is in our control room? that is gratuitous footage of people. what are they even doing? >> i don't know. where the

i'll come -- alcoa stopped moving as well. finally, nike was also in the news. they said they could add 10 billion dollars in revenue by the year 2017. you can bank kids and women's apparel. -- thank kids and women's apparel. professor, welcome to the show. let me ask you. i was talking about how safe is this choice and how likely is the nomination to go smoothly? >> it's a safe choice. it's exactly what they expected. i think the nomination will go smoothly. i don't see a lot of upside for republicans opposing this nomination. what is plan b? >> what i have read from different media outlets is wall street likes her. explain why this is. >> she is a known quantity. she is well qualified. she is respected within the united states. she was one of the earliest financial forecasters to sound the alarm about a potential housing crisis, and in the united states. >> some of us are asking, is there a difference between yellen and ben bernanke? >> i think so. one thing she will do better is forward guidance. that is where bernanke fell off. he will set the market up for

have you noticed alcoa sneaking up? alcoa's up $1 since when it recorded. you laughed kleinfeld.nicely. >> historically when stocks are kicked out of the dow, the next 13 months are generally very kind. >> and klaus has done an amazing job. this is an industry where they give the stuff -- you know, you recycle aluminum. it's difficult to come up with new uses. i think alcoa's on a new comeback. >> underarmor is going to get some attention. they did raise outlook, conservative on the guidance. international continues to be a big push for a company that's basically north america focused. >> i want to hear the call. i think -- i never want to be so glib as to say just go buy it here, but this is a great growth company. and the company keeps coming up with new products. it's nike/under armour. i think it's probably down too much but i don't want to be glib. >> they're citing inpomport dut but that will need clairification. >> it's a technology company. you know why he came up with these great products? world's sweatiest man. yeah, i get that. >> his mom would be so proud. >> don't gi

alcoa and u.s. army have announced a degree from a deal.'s single largest piece of aluminum home. to better withstand the growing trend of ied devices. testing underway in the trial of five former employees convicted in the ponz bernie madoff schem. he was interviewed an hour before resting him in december of 2008. five ex-employees are accused of helping him duke investors out of billions. all five have pleaded not guilty. u.s. relators have possible break issues in genesis cars. the tsa has opened an investigation to about 40,000 hyundai cars for model year 2009. we will keep you posted. that is the latest from the fox business network, giving you the power to prosper. tracy: president obama boney issues plaguing the health care website will be fixed adding no one is more mad than he is that it isn't working. rich edson with the details. rich: president obama saying thousands of people are signed up but will not give a specific number. refusing to give you specifics to the problems plaguing the website is not allowing folks to sign up for