finally, they get aggressive on amr, and debt holders of amr will own 70% of the combined equity of this here, as well, from a bankruptcy perspective, having covered so many through the years, the recovery value on american airlines' stock price is extraordinary. this was trading at 25 cents. and now, you can see, i think we've shown it to you, that's the bankrupt equity, i believe we've been showing you. it is up sharply. there is going to be that value as a result of this deal. satisfying creditors who obviously, again, will own equity in the combined company, as i said, equal to roughly 70%, and sending them on their way to a deal they were only a couple weeks away from when they got blindsided by this suit from the doj. >> any idea -- i mean, continental/united. delta/northwest. any sense of why this got a little more -- a lot more scrutiny than the others? >> the last one. >> the last one? >> yeah, i think that's sort of the key that kind of woke up and said, "wait a second." >> yeah. >> it's funny, in speaking to people around this deal, there had been conversations last summer tha

us airways can't challenge that if they aren't allowed to gobble up amr out of bankruptcy.the other hand, if the deal does go through, that would be great news for us airways and i will pound the table with it. it's still good news for delta. the reason? if justice lets us airways merge with amr that takes out one major competitor for a consolidated industry that's become a slap-happy oligopoly, raise fees for checked baggage, and put the squeeze on customers if inventive ways we haven't imagined of. spirited air ways, paying to walk down the gang plank. you can probably pay for having your pc on. delta is the best operator in the group. when the company reported last week delivered five cent earnings beat revenue rising 5.7% year over year, and more is to be expected. delta's operating margins what they make on each dollar of sales before interest and taxes is 13.4%. that's better than any other airline, save the always, always well-run alaska air. plus the company gave bullish guidance for next quarter which was a real lovefest. delta's premium seats has more first class

air and amr. >> in fact, that is the case. we have a press release from the department of justice,out lining the settlement. six states attorney general and the district of columbia that joined in the doj objecting to this merger, we have a proposed settlement, one we expect is going to have -- will be accepted, has already been, and will be put in place. it is going to call for a good deal of divestitures at airports in boston, chicago, dallas, los angeles, miami, new york, and, of course, reagan national outside of washington, d.c. saying, at least what they say,

airways merge with amr, that takes out one more major competitor. all of the major airlines will be able to raise ticket prices more than they have. raised fees for checked baggage. probably put the squeeze on customers in different ways they can't imagine yet although spirit has a lot of good ones. i'm sure they'll pay to be able to let you have your pc one during periods when you weren't supposed to. now delta is already the best operator in the group. it shot the lights out. revenues rising 5.7% year over year and boy, more is to be expected. delta's operating margins what they make on each dollar sales with interest in taxes is better than any other airline save the always, always well run alaska air. it was a real love fest. delta has more premium seats in first class and business than anyone else in the business. in the past, listen, i didn't know this. most of the seats were given away as free upgrades to coach passengers. last year only 14% of delta's domestic front cabin seats were occupied by paying customers. can you imagine the people yo

amr ceo horton telling cnbc with the divestitures of slots, u.s.arger at reagan than before the merger. they have not decided what routes to cut but smaller planes into smaller communities. they expect the merger to close in the first half of december. the latest we have on this story. back to you. >> thank you very much for that, jackie deangelis. i would like to show you a chart of what crude oil is doing. below $93 for a barrel and this is the first time since june. sharon epperson a moment ago was telling us about where we can find the cheapest gasoline around. i think it was $2.66 in oklahoma. a function of what's going on with crude as we can see it's been dropping for the last couple months and now below $93 a barrel. >>> twitter hype losing steam, two analysts initiate coverage with a neutral rating. let's bring back herb greenberg on this. you've said there's a real tug of war brewing on wall street over this very newly public stock. >> you know, this is a fool me once for some of the analysts. they're not willing to accept the possibility

. >> they'll close this deal in december, amr and u.s. airways, still saying $1 billion in synergies. >> all right. thank you for bringing it to us. let's hop over to headquarters and wapner and "halftime." >> thank you. >>> knapp sacked. barclays maven on why your hopes for a big next year will be dashed. >>> and the muni playbook. the popular investment, we'll game plan the best options ahead. >>> we do begin with the truth about twitter. the stock has been trading publicly for four days, remains one of the market's most active names, and it seems everyone has an opinion on what the stock is really worth, including iac ceo barry diller who said this this morning. >> twitter's capitalization will turn over hundreds of times. if that doesn't tell you there's very little investing going on, or anybody -- nobody values the company at $40 billion. that's not sane. >> well, here's a look at how the stock is trading today. it's still below the ipo-high with shares soon available to short. what is your best move now? it is "halftime," and let's

airways reported with amr making the largest carrier, usair weighs down 8%. the amr stock was five letters, not one we follow closely but a huge pot and the rest of the airline worth noting ahead of 52 week highs named by jetblue and southwest airlines, we have seen a lot of airlines doing well today. we can seize a noted u.s. airways pulling back the 1.9% united continental and jetblue up 4%. let's look at major market averages, the vix, the index to the upside, the dollar higher, dow jones industrials moving records, record close yesterday, the 35record close for the dow jones industrials pulling back 48 points, and that is something we are watching, the ten year, watching closely as they creep higher putting a damper on equity, 2.7% yield. dennis: more in two years since the markets suffered a correction. the more concerned some investors become. despite this the next guest says investors should get invested and stay invested in equities. hank smith is chief investment officer who manages $6.5 billion in assets. welcome and thank you for sharing your insig

we saw us airways and american airlines, amr, with up arrows. take a look at alaska air up 2.25%, southwest up 1.1%, and part of this is because they will then, in turn, have access to some of the slips, right? where you take off and land at some of the biggest airports in our nation including reagan national in the d.c. area as well as laguardia right here in new york. so we did see the news cross that, actually, you did have lcc stock halted for some time, and then it reopened and moved around throughout the afternoon. positive territory, negativer the toxic, us airways up one-third of 1%. a great day for these a airlines as they move to these record highs. back to you. liz: sure is. speaking of record highs, that's what we had yesterday. we hit record highs with the dow jones industrials, but stocks are cooling off today thanks to a worse than expected reading on small business sentiment since it's the driver of a lot of job creation here in the united states. again, everybody's looking at the possibility of a stimulus reduction, that's a fan

airways and amr deal and then they cool with money going into other sectors. we had a decline in all retailers not that long ago led by macy's. a move so broad and powerful that it even took up walmart, which actually did disappoint. think of the power of that move. twitter's ipo inspired a rally in social media, but it's been heavy slogging since twitter broke the print price over the price where it opened. the 3d printer companies were red hot. now they seem no better than their 2d brethren. i saw one and thought it was a split. foxhole jet. best of all, happy bull market has very little memory on negativity. fast forward a few weeks later and the stock is above the preannouncement. people can't remember why they disliked it and they ran it over the same way they ran over anna karenina. the company gets recommended by two firms and suddenly the stock is behind where the guidance is cut and the guy comes on air and says it is fantastic and i'm surprised they don't issue an apology for their actions. there are days when most stocks go up. still, the overall di

recently of the that was excellent. >> friendly skies may not be as welcoming after the us airways-amrhey got agreement with the justice department but does it squeeze out the little guys? virgin's ceo why he says it is not good for consumer. >>> on on the healthcare.gov website, we'll go washington for more complete details. ♪ at od, whatever business you're in, that's the business we're in with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrft. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. does your mouth often feel dry? a dry mouth can be a side effect of many medications but it can also lead to tooth decay and bad breath. that's why there's biotene. av

we're finally going to see a merger between amr and u.s. airways going to create the biggest airline. the two carriers said they reached an agreement with the justice department as well as state attorneys general to allow a deal to happen. u.s. airways stock turned negative after being halted on this news. as part of the accord american and u.s. air will give up key facilities and capacity at seven airports in order to facilitate more industry-wide competition. the gates and slots will go to low-cost carriers in seven key airports including boston logan, chicago o'hare, dallas love field, l.a.x., miami, new york, laguardia and reagan national in washington, d.c. as a result of this compromise, both companies expect a merger completion by next month. amr's tom horton will become chairman, u.s. airways doug parker will be the ceo. stock is up on the news. other airline stocks higher as well, delta, united, jet blue, southwest, all flying high. >> thank you very much, dominic. watch out saudi arabia, the u.s. is on track to become the world's

and amr, the parent of american airlines should be forced to scrap it because if it went ahead 60% of u.s. aviation would be in the hand of four companies much the deal is on. there's a price to pay for the new mega-airline. landing slots and gates at major airports, including dozens at regan national airport in washington and lague ardia must be given up to win antitrust approval by the department of justice. low-cost carriers will be given more access to airports in boston, dallas, miami under the terms of the deal. >> the best thing for consumers is competition. some of the smaller airlines, jetblue and others have figured out a way to make a profit. if the merger drops routes, it could be an opportunity. >> u.s. and american say it's the only way to compete in a consolidated aviation industry. the final settlement must be signed off by a judge. >> and the deal will also allow american airlines parent company to exit bankruptcy. >> walmart is joining the rush to bump up the beginning of the holiday shopping season. the rely tailer is starting black friday sales 6:00 pm thanksgiving

amr- the parent of american airlines is already succumbing to new runway rules set by the u.s. justice department.now, the bankruptcy judge must decide whether that effects the airlines plans to exit bankrutpcy for the better or for the worse.the judge will also rule on a private lawsuit by consumers who fear the merger will lead to higher air fare. in our cover story, the affordable care act has come under attack for its website glitches and cancelled policies that were inexpensive to buy but next to worthless to claim.now, the supreme court will hear arguments on whether mandating the birth control provision violates freedom of religion. supreme court justices decided to review provisions of the affordable care act that require employers to provide health insurance that includes birth control. an appeal, brought by evangelical christians who own hobby lobby, an oklahoma city, based nationwide chain of craft stores who's founder and ceo said in sebelius versus hobby lobby "business owners should not have to choose between violating their faith and violating the law." ---a posi

airways reported with amr making the largest carrier, usair weighs down 8%.ne we follow closely but a huge pot and the rest of the airline worth noting ahead of 52 week highs named by jetblue and southwest airlines, we have seen a lot of airlines doing well today. we can seize a noted u.s. airways pulling back the 1.9% united continental and jetblue up 4%. let's look at major market averages, the vix, the index to the upside, the dollar higher, dow jones industrials moving records, record close yesterday, the 35record close for the dow jones industrials pulling back 48 points, and that is something we are watching, the ten year, watching closely as they creep higher putting a damper on equity, 2.7% yield.

airways got the clearance for take off a bankruptcy judge approved amr to emerge from chapter 11 bankruptcy protection and the terms of the settlement with the justice department that clears the way for the merger. >>> the federal aviation administration is warning boeing aircraft that used jet engines used by general electric could experience forced landings. this follows icing incidents where some ge engines that were placed on 787 dream lineers and the 747 eight jet lost trust mid flight. no injuries or incidents reported. >>> big u.s. banks in the cross hairs over hiring practices in china. this comes after wall street watchdog the securities and exchange commission sent a letter to goldman sachs and citi group investigating allegations of bribery and hiring relatives of top chinese government officials. in return, the companies may have received favorable business treatment. >>> and some of those same banks along with a few other top lenders may need to have a lot more money on hand to cover up bad loans or to cover i should say bad loans. credit did rating agency s&p says banks may ha

amr shareholders will get 72% of the new company, us airways shareholders 28%. the two inched toward closing the deal last week, following concession guidelines from the justice department. a bankruptcy court must give the final stamp of approval. the deal is expected to close in early december. investor bill ackman is betting big on fannie mae and freddie mac. ackman's hedge fund pershing square is taking a nearly 10 percent stake in each of the mortgage finance giants.he is the latest investor to buy into the companies.pershing wants to discuss capital and business plans, after another offer this week by fairholme capital management. bruce berkowitz, fairholme's founder, wants to buy parts of the companies from the government and recapitalize them in a 52-billion dollar deal. moody's credit ratings agency is downgrading major banks. the agency says its because new rules under dodd frank make it less likely the banks will fail and the government will swoop in with a bailout. moody's lowered debt ratings by a notch to jp mrgan chase, goldman sachs, morgan stanle

airways closing up 1%.amr soared 26%. japan's mitsubishi makes what has to be a tempting offer to boeing.the heavy industries company says it could build the wing's for boeing's next jetliner, the 777-x, in japan. mitsubishi promises boeing considerable cost savings. the offer comes as 31-thousand union members are voting today on a boeing labor contract. the vote will determine if the 777x will be built in washington state. dominic gates, aerospace reporter at the seattle times, has also spoken with mitsubishi. "i have talked to mitsubishi and they don't expect to build the triple 7x wing. if this votes goes "no" they may approach mitsubishi and see what the possibilities are, but i think boeing wants to build the wing in the united states. it wants to build it itself." boeing says publicly that if the union rejects the contract offer, the company's threat to take the work else where is "not a bluff" at least two major airlines will soon make it harder to use frequent flier miles.both united and delta are said to be rais

. >> states that were opposed to the merger of amr and us air have reached a settlement. >> we don'tegal justification for breaking up the banking system but if i could wave a magic wand, i would break them up. >> i fundamentally think that is wrong. we have a duty of care to treat everyone the same and fairly. i want to find incidences where we can change that behavior and fix it. >> we have the whole world on a sugar high and the question is will he come back? when she gives testimony to see whether or not she will get the job and i hope she does. will she say we have got the exit vatty planned? it should occur at a time when the economy is at the take off stage. >> you read between the lines and it sounds like he is saying that the system is rig ged against the small investor. >> everyone feels as though they don't have a fair shake in this game. if you have a longer toerm idea, it really doesn't matter. >> i don't know that she is going to have time to get into what we expect. the treasury market is already pricing in. we're back to where we were when the mark was expecting tight

airways of the $17 billion merger including the justice department and amr says it will close the dealook that is th first printed in the west 15.2 million dollars with a boston church attended by samuel adams. it is sending the auction record for a book. somebody is spending th holiday season and tomorrow is the increasing the emperor of retailers who will stay open on thanksgiving despite the forecast and 32% of american's plaa to spend less this holiday season a a decrease from 30% last year. but 15% plan to spend more. joining me now of what retailers cod expect we have our i spe to an analyst earlier today who was not bullish on what he was expecting this retail season. this growing number of stores will be open. >> the reason why they open so early they don't want the customer attrition the worst thing that could happen is a full marketoses customers to amazon or target that is the juggernaut so mitt.com did a study pulling 2 million users what they thought going to black friday they spent $82 billion in 2012 with full margin was 70 million so the margin is narrow a and they unde

the new american airlines will trade on the nasdaq after the merger of us airways and amr's americanr symbol will be aal. us airways trades on the new york stock exchange and before amr filed for bankruptcy protection it was on the big board too. >>> u.s. import prices declining in october, down .7 of 1%, duper drop than expected. u.s. export prices fellas month, half of 1% despite forecasts for a small rise. that is the latest from the fox business network, giving you the power to prosper. adam: more break breaking news. we have the official tally on the house approval. let's go right to rich edson in washington. >> 261-157, adam, more than votes to get through the house of representatives. the number we're looking at of 200 how democrats how many would join republicans to vote for the proposal. 39 of 200 democrats voting with republicans to send it to the senate where indication from democrats they will not take this up. it was a little different from what the president had proposed yesterday. this legislative fix, the administration said, it would veto it. so that's about where we

amr to exit bankruptcy and close on the merger. 9th. cybercrook start targeting you. rick ferguson warns suspicious e-mail plan to offer holiday deals could be cyberscamming the. >> the holiday season gives them a perfect opportunity to make those christmas fiend or shopping females to ramps up the credibility and get themselves infected. adam: for more clips on avoiding cyberproject out foxbusiness.com's new show fire wall. that is the latest from the fox business network giving you the power to prosper. ashley: take a look at the markets. the dow was slightly lower in earlier trading coming back 20 points at 16,092, the s&p and nasdaq moving slightly higher. tracy: everyone is looking for the perfect wine for a thanksgiving meal, seller tracker, this is the world's most comprehensive database of wine and you would get a kick out of where these wines come from, 280,000 registered users have generated 3.8 nil in reviews themselves. joining us is eric levine. i love your last name. you got to tell everyone, first of all this is a da

stop the merge your sayings it would lead to higher prices they filed a lawsuit in august saying the amr couc corporation should be forced to scrap it on the grounds if they went ahead more than 80% of commercial aviation would be in the hands of four companies. now the u.s.-mes-american deal s back on. >>> being there i there is a pro pay. landing slots and gates at dozens of airports including regan and la guardia must be given up to win anti-trust approval. competing low cost ai carriers l be given more access in boston, chicago, los angeles and miami under the terms 6 of terms the . the agreement will shift the landscape by guaranteeing a bigger foot hold for low cost carriers the settlement ensures that passengers will see more competition on non-stop and connecting routes. >> the best thing for consumers is competition. some of the smaller airlines have figured out away to make a profit and so if this merger drops some routes it will be a opportunity for the smaller air carriers to move in. u.s. and american say it's the only way they can compete in the global aviation industry. th

liz: also, our facebook question, about the amr and u.s. airways merger.fter they reach a deal with regulators will the merger reduce competition and make airline travel more expensive? blog don to facebook talk com / "after the bell." what do you think? we want to know. ♪ [ male announcer ] what if a small company became big business overnight? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade. a research tool on thinkorswim. it's been that way ysince e day you met.. but your erectile dysfunction - itld be a question of blood flow. cialis tadalafil for daily use helpyou be ready anytime the moment's right. you cabe more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph like needing to go frequently or urgently. tell your doctor about all your medical conditions and medicatis, and ask

airways amr deal, wow. that stock doubles if we get it done. let's go to joe in georgia. joe?>> caller: hi, this is joe from georgia. first-time caller. what's the status on this? >> i think you've had a very big run in rambus, ring the register, in the end, it's not exciting technology from semiconductors. jared in texas. >> caller: hi, this is jared here in texas. we want to say boo-yah, jimmy. >> boo-yah right back at you. obviously you're from dallas, not houston or else you wouldn't be so upbeat. what's up? >> caller: tell me something good about matador resources. >> it's interesting, but you're passing up on eog if you do matador and i'd rather see you in eog. denise in pennsylvania. denise? >> caller: hey, boo-yah, jim. >> boo-yah, denise. >> caller: i want to start off, of course, by thanking you and your staff. you guys are incredible. you've taught me so much. >> we have an unbelievable staff that make me look good every single day which, believe me requires a lot of work. what's up? >> caller: okay, my question is on petrobras. with the fuel prices in order to cont

airways and amr the parent of american reaching a merger deal to become the world's biggest airline. department of justice made their airline sell some spots at seven airports to make sure the new airline doesn't dominate those markets. walmart is making it official. thanksgiving no longer a day to spend at home with your family, the world's biggest retailer will hold major sales at 6:00 p.m. and 8:00 p.m. on thanksgiving night, earlier than last year. and new world trade center is officially the tallest building in the united states at 1776 feet tall. a committee of architects debated it since the last 408 feet is a needle but the architects say it is and of course that number is 1776 is also meaningful for americans. declaration of independence. >> great. look am i being too capitalist. i'm in favor of shopping on thanksgiving. >> you're in favor of that. >> is that too capitalist? >> there's obviously some who say that's one day we have to spend with our family. but i hear you on that side as well. >> i keep the doors closed on christmas. thanksgiving, the puritans would shop if t

if they can get the deal with amr, if the justice department blesses the deal, then, yes, it's better. otherwise, delta is better, so it's an either/or proposition. depending upon the federales. okay. don ho would have loved the market chatter today. tiny bubbles indeed. when bubble talk pops, and it's around the best of breed stocks, well, you know what, those who sold today, they learned the hard way. "mad money" will be right back. >>> coming up, ace of bass? harman international's earnings report is reverberating in the market today and the stock is screaming higher. can its chorus of high-end audio brands continue to be music to wall street's ears? cramer talks to the ceo. >>> later, shopping spree? costco has been on a steady climb as consumers turn to buying in bulk to try and save a bundle. can you ensure a happy holiday season by putting this stock in your cart, or are its days as a bargain long gone? cramer's on location for an exclusive with costco's ceo. >>> plus, fright fest. while the market flirts with all-time highs, cramer's looking out for ghosts and goblins. on this

airways and amr to do. as we head to break, the weather channel's alex wallace joins us. 32 degrees this morning, alex. >> cold. yeah. there's no way around it. cold. not just for new york city but the rest of the northeast. very chilly start to things. a lot of 20s in the interior. syracuse to buffalo, 20s. therefore, no doubt about it we have chilled down those numbers. good news is we'll get a chance to warm up as we head through the week. high pressure drifts east and on the west side the winds will turn more out of the south and the south winds are a warming wind. we'll get a chance to see the 60s by mid week. hang in there. we have some showers moving now from parts of mexico into texas. this is thanks to some moisture coming in from a tropical cyclone which has made its way through mexico. moisture from the golf of mexico. a cold front from the north. that's going to keep things on the wet side for today including dallas. we have some wintery weather. parts of the rockies could see significant snow.

. >> it appears this isn't as related to the 187 on regent, female victim is being transported to amrcounty. >> have they found a third victim. >> have another body inside the van. medics are on the scene. third victim is 972. what is 972? >> dead. >> is that the most homicides that have ever happened in stockton? >> yes. >> ever? >> yes. >> wow. we broke our record 45 minutes ago. >> and there are still two and a half months left in the year. >> yeah. >> yeah. >> there is two people shot on wagner heights. one is a 187. i think the other is still alive. >> i'm riding to the crime scene with responding officer sergeant bill hutto. they tell me there were two bodies there, is that correct? >> i don't know if there is three or four homicides related to this incident. but we're going to go over to the regent, which is where the command post is set up, and we'll get briefed there on what is going on. >> sergeant hutto is a 23-year veteran of the stockton police force. and in more than two decades of service, he has never seen the city as dangerous as it is now. >> we went this past, i thi

judge approving the department of justice antitrust settlement ddal with american airlines' parent amrmerger which americans a plans to repeat on december 9th. weekly jobless claims fell by 10,000 to 316,000. the estimate was the 330,000 the prior week also revised slightly higher by 3,000 to 326,000 the jobless claims of falling six of seven weeks and consumer sentiment rose in november to 719.1 away from the 73.2 reading. thompson reuters university of michigan index fell 12 americans, the economy improving, low income households are still concerned about job gains. that is the latest from the fox business network giving you the power to prosper. dennis: consumer is getting a break and turkey prices. let's head to the spring of its of the cme. still frozen turkey down $0.03, fresh turkey prices down 2. >> everything is cause to celebrate but national turkey federation is not happy with it. prices should be lower than they are today because the cost of corn has gone down. one reason we are not seeing prices fall is those turkeys we are buying our last year's corn. the price of corn la

attorney general eric holder says he wants american airlines parent amr and us airways to agree to divestituresl approved. concessions could reportedly include slots at washington's reagan national airport. >>> last march lululemon recalled black yoga pants that were too sheer, you remember that? the athletic retailer are getting complaints that new styles of their new yoga pants are scratchy and see-through. that is not good. >>> tonight we have a money talker roundtable. on how getting fired could be the best thing that happened to you. you have to watch. you will never look at work the same way again. that is latest from fox business, giving you the power to prosper. tracy: healthcare.gov has been plagued wish shoes ever since its launch and was even shut down completely over the weekend. so is the obama administration ever going to get the program on its feet again? who knows? rich edson does. he is in washington, d.c. with the latest. hey, rich. >> hey, tracy. the administration says hang with us and we're trying to fix this. the daily briefing the administration does have on this has been

." >> i think this usair, amr deal is so great, i believe this stock could catapult if it follows theat happened when america west merged, they did their big mergers, the stock could double. >> we were on air, we were breaking it as it happened, trying to understand exactly what the give-ups were. with one day having gone by, many say, hey, they didn't have to give up more than what they would have anyway. it's a little more competitive. >> now there's only for airlines in the country. >> that's true. >> and they give up these gates. >> 80% of the market. >> what they can get when you fly. doug parker, one of my favorite execs, he pointed out the employees really wanted this. i wonder whether the justice department was very responsive to labor, which actually did want this deal. also, don't forget, these companies have been very lucrative for the first time ever. it will cost you more to fly. they refute that in the conference call. but us airways goes much higher. >> hair goithey're going to clo deal in december. stake holders will own 72%. >> delta's the biggest. i like delta more.

the government obviously reagan was a key, amr and u.s.air is a key question. >> that's correct. can you feel it? can you feel it. last night on "mad money," we talked to cramer. if you buy into the market, you can say i'm a buyer at different price levels. i ipo can go to the moon and there is the function of valuation that is the gravity at any price and investors need to understand where is that level they're interested in buying. >> thank you. i was so glad mr. cutler because are prices that people shouldn't pay. >> i talked to a couple of hedge funds this morning who are all in. people are calling up lloyd blankfein and saying let's call in the favors. put me in for 10%. 28%, 28%. >> $20 billion, you're already talking 16, 17 times revenue. >> carl was talking to me -- >> some of the forecasts coming out of the presentations, on "usa today," citing some investors, $620 million in revenue this year, 40 million ebidta, next year 980 million revenue, 80 million ebidta. >> i still think there's a level you should pay. i think people are excited, too excited. >> everything goes r

. >> amr announcing it will list the combined company of the american airlines and usair ways as americane down on those opening trades. >> thanks, dom. samsung may have beat apple in the cell phone but lg has the curved flex phone. >> this is pretty cool. >> i'm going to put this next to this gold iphone so you can really see how it's curved. six-inch screen. so it's a really big phone. but it doesn't feel as big in your pocket because it actually curves with your leg. but here's the kind of freaky thing about this phone. >> this is insane. >> plastic screen, still high resolution, so you can actually sit on it or smash it down -- don't try this at home, folks. your phone cannot do this and survive. it's going to be a high-end phone, probably the equivalent right now, selling in korea for about $1,000, unsubsidized. when you consider this is a flagship, it's got some unique features, it really shows how a lot of phone makers are trying to entice the high end of the smartphone market. last week we heard from qualcomm, telling us there's a lowdown at the high end of the market. it's not ju

in april of 2012, amr u.k. featured an article stating that, "tons of models swear by viviscal." anan a-list celebrity exclaimed in the may 2011 issue of instyle magazine, "when i'm working on a movie, they blow-dry and cl my hair quite a bit. i take these supplements to keep it healthy." and in a 2011 survey of 1,000 viviscal customers, 93% said that they would recommend viviscal extra strength to a friend. viviscal, the 100% drug-free hair-growth supplement, supports hair growth by nourishing it from the inside out. sold internationally for 20 years, viviscal is now better than ever, with new and improved viviscal extra strength. benefits of viviscal, the the number-one drug-free hair-growth supplement in the u.s., with world-rewnedherapist and new york times best seller dr. laura berman. >> hair is often the first thing you notice when you meet someone. for women, it's a reflection of health, beauty, and youthful vibrancy. gorgeous hair is sexy, right? professionally, i know that when a woman ffers from hair loss, thinning, and damage, her confidence can suffer,oo. we shouldn'

act, allowing children who calm to this country when they were young, i think under the age of 16, to amrl at that time at us and eventually citizenship. the problem is that conservatives argue if you allow them to become citizens, that will encourage more people to bring young children into the united states and the immigration system is already broken and that will just make the problem worse. the result is that's very hard to pass. again, there's a veto group here. there's a group that basically says to members of congress we don't care what else you believe, what else you vote for, what else you stand for. if you vote for amnesty, we're going to come after you, and that frightens them. >> there's another number inside the number that explains that. republican support for immigration reform jumped more than 20%, once everything, all the requirements are explained. is this about the white house and democrats not explaining the proposal well enough? >> well, support does go up if you say immigrants illegal immigrants should be required to learn english, to have a job, to pay back taxes,

amr, obviously, and u.s. air. that deal is in some form of limbo right now.t does it mean to your business? >> you know, ultimately, we might have a little bit of a contrary opinion about that. consolidation normally means reduced capacity and prices going up. but having been in this business as long as i have, the most important thing really is for the airlines to be able to make money and continue to provide good services and the consolidation really has been necessary to make that happen. >> and when you look at the price differential, though, at least in the united states, it appears that prices continue to go up at a rate that is clearly much, much higher than inflation. >> i think that's a function of the fact that if you look at the travel market in the united states, a little bit more healthy than what darren was representing he's seen in europe. we have had rising airfares, rising average dale fares. >> are you going to do anything different? >> i think we're going to be staying the course, it seems to be working. >> good answer. he's still the boss.