did bell labs know what it had? >> that is a question that fascinated me at that time there is some history that shows they didn't. everything i read definitely says they did. in fact the day after the transistors unveil bell labs, even after it had been buried in "the new york times" page 46 or something that was seen as this huge breakthrough. >> reminded all of us of the times. >> very good at seeing those when they happen. and in that case the day after buckley had written a no to his former boss with the president of spiegel said this book is very important to us and if you look to the internal correspondence the was coming into the researchers at a time, really every major corporation was writing to them begging for samples. the big electronics companies at the time saying sent letters of to just one guy but thinking if we fill it in, brad and kelly, the head of research, so we can contest it, a very interesting question is whether they knew its application in computers. they knew would be useful in the phone

all report after the bell. that's still to come on the "closing bell." >> first, let's take a look at where we stand with less than an hour to go in the trading day. the dow is higher 195 points. we've been up 200 but still we'll take it. 13,116 in a very, very broad rally. the nasdaq is higher by more than 60 points. a gain of more than 2%. s&p 300 with a gain of 1.5%. 1391. holy canoli. >> shares helping to fuel this rally today after meredith whitney held that with an outperform. here's what she said a month ago right here on "closing bell." >> citi hasn't been investable in 40 years. >> what would it take you to invest in citi? >> a new brand. >> apparently they are getting one. >> a new brain. >> here's more from citi with mary thompson. mary, they have a new brain? >> that's a great call. it makes me small every time i hear it. in a note to clients, she said that the company's improving metrics as well as the low valuation makes it unlikely we're going to see any significant share price depreciations. so

[bell rings] there needs to be a postponement. i have the employees of the rec and park listen to their employers, something they have done little of. i have been in the association since the beginning, 40 years, and of work with rec and park in the directory, and let's hope it is not too late to return to the spirit of cooperation and work with the people that are paying for it all. remember, you work for us, the tenants, not your agenda. [bell rings] commissioner buell: thank you. >> next. next. >> hello. i have been a berth holder since 1978, a relative newcomer since some of my colleagues. there are two things on the agenda here about the marina. berth assignment policy in the marine the rules. rec and park would like you to act on both of those, but that is not required. you do need to look at the berth policy because we need to choose who goes where once the marina is concluded. but the marine the rules do not have to be acted on right now. there are lots of problems with these new proposed rules besides the ones getting all

we have much more ahead on the "closing bell." take a look at dow industrial. >>> up next, how to protect your portfolio in case head winds from china continue to weigh on this market. >>> and much more on the wal-mart bribery allegations to come. >> i'm michelle caruso-cabrera in mexico city. markets have been closed in the wake ever allegations of widespread bribery. >> michelle will be back to you live as we take a break. take a look at the red wall. a few in the green today. travel is now flat. back in a moment on the "closing bell." tdd# 1-800-345-2550 we're hitting new highs. tdd# 1-800-345-2550 and i'm on top of it all with charles schwab. tdd# 1-800-345-2550 tdd# 1-800-345-2550 i use streetsmart edge and its tools like... tdd# 1-800-345-2550 screener plus - i can custom build my own screens tdd# 1-800-345-2550 or use predefined ones. tdd# 1-800-345-2550 and i can trade wherever i want, tdd# 1-800-345-2550 whenever i want. tdd# 1-800-345-2550 the kicker? tdd# 1-800-345-2550 i pay $8.95 a trade. tdd# 1-800-345-2550 that's a

bell is the kind of person who dig in and does her work. sheep -- she is an incredible woman we're very lucky to have her going to the health commission. >> thank you. >> i'm executive director of the san francisco mental health board. i'm also writing in the life cycle ride in june to help raise funds for aids. i have known belfort over 10 years. -- bell for over 10 years. and all of her work on the for women's issues, and one part that has not been mentioned too much, and i appreciate, supervisor campos, you're bringing attention to the health care, but one role that is also not often mentioned is the oversight for mental health issues. in the years that i have known her, she has an astute understanding about mental health issues as well. coming from the mental health side, we really need the help commissioners to be paying attention to mental health issues as well as primary care needs. we feel like the stepchild that is somewhat forgotten. it is really important and critical to have people on the commission that are knowledgeable and aw

like bell, he has also been cited numerous times for inappropriate conduct.ritchett says he has been forgiven for the past. >> when you accept god into your life, he says to forget about your past because you're a new man in christ jesus. this one here says that the holy spirit leads you in the small things of life every day. and then i back it up with acts 8: 8:29, 16, 6 and 7. >> what is it that you are doing? >> writing a script for the bag. and i fold them up. and just put them in the bag. i mix them all up later on and pass them out. and everybody will be blessed. this is a spiritual bag. the bag was given to me by god. >> the bag was given to you by god? >> to make it and all of the scriptures and everything in it. >> so, the inspiration was given to you by god. >> yes. >> where did you get the bag? >> the bag, i picked up here from the kitchen, i think it was. >> pritchett says god inspires him in other ways as well. >> you pray in tongues? >> yes, ma'am. [ speaking in tongues ] >> you don't know what it is. and it's not done in church. but it's done b

"closing bell" is up next. gold drops after the fed minute show. >> everything is doing better and apparently everybody is freaked out about that. >> and i'm freaked out about being with you tomorrow. "closing bell" is next. >> bye. >>> hi, everybody. welcome to the "closing bell." i'm maria bart roma with the new york stock exchange. >> we are seeing red right now. the stocks extending losses after release of the fed's policy meeting. that came at 2:00 eastern time, an hour ago. fading hopes for a qe 3 sent equities to session lows. oil and gold also fell on the news but so did bond prices, which we'll talk about. as for the fed itself, the march meeting minutes did note that a couple of members thought that an additional stimulus would be needed if inflation remains too low for too long. steve liesman will be here to discuss the economic outlook. meanwhile, the fed concerned about the housing market. we're going to focus on another interesting phenomena. we'll show you why some big name investors are swarming

"closing bell" is coming up next. hi, everybody, happy friday to you. welcome to the final stretch of the week. i'm maria bartiromo. hey, scott. >> it's good to be with you. i'm scott wapner here at the exchange. what an interesting trading day. gdp disappointses. you had spain downgraded by the s&p. by the way, the market is up. >> it's up because corporate earnings are back in charge. fundamentals are driving the rally. stock market it continuing to rally. bad news out of spain. a rally under way on the close in the back of those strong earnings, scott. >> that's right. amazon after the bell last night was good. >> blow without. >> the blue chip index closes above 13,264.49. get out your pens and pencils. right that number down. it will be a closing high for 2012. let's get a check on where the major averages sit right now. dow industrials 1422. that's a gain of nearly 39 points. nasdaq is strong today. amazon giving a boost to technology shares and the s&p 500 is in positive territory as well as this week winds down. >> we've got two names among the

bell. maria is at the conference in los angeles. we will be getting toener just a moment. taking a look at the stocks, holding on to modest losses in the home stretch on the back of weak u.s. economic data and concerns about europe, including spain. equities on track to finish the month on a down note. that ends six months straight gains for the markets. later we will see if you should bet on the sell in may and go away. in the markets right now, plus the man behind one of the nation's biggest pension funds, calsters talks about how europe is impacting his investment strategy. later once of the world richest men talks about where he is seeing the best global opportunities right now. as i said, stocks set to end the month in red. but it sure has been a roller coaster ride for the market. bob, you've been looking at the markets today. i think we are looking at the tiest range for the dow in more than a year. it shows you how much the mark set waiting for the job's report before investors deci

we have five minutes left before the "closing bell" rings. seeing the best two-day gain since november 20th and 21st. volatility has come back. we had the worst day of the year on tuesday and best two-day gain on wednesday and thursday since late december. the s&p and nasdaq on pace for the biggest weekly decline since this year. the 50-day moving average is something of a short-term indicator and we're hovering around it on a number of asset classes. this is the dow and we're doing sort of a first time this year and full day moving average and since then we have come back. we'll watch this to see whether we go back, retest it, and then move lower and continue higher. and this -- same story, the ten-year note and what it's done. this is the yield. you can see we've been below it. now we're back below it again. do we test the 50-day moving average or do we go back again. oil, light sweet crude, this is the biggest meaningful moving day average. it is back to that level again with today's two-day rally. something to watch very carefully. and th

"closing bell" is coming up next. >>> hi, everybody. welcome to the "closing bell." i'm maria bartiroma with the new york stock change. you have an air strip. >> i'm bill griffith. wall street kick off the quarter on a high note. they're at a cruising altitude right now. taking in positive u.s. economic data. coming up, we're going to talk strategy for this new quarter and we'll find out why one of our resident chart experts is calling for a correction in the s&p 500 during this quarter following the first quarter's good gains. first, though, looking at the major averages of trading. tying them up almost 82 point, 83 points. the nasdaq with a gain at this hour of 30 points. almost 1% at 31.31. and the s&p 500 index is up, again 13-plus points. >> nice move as we head into the final stretch. groupon share ts, for example, not participating the rally. down sharply after accounting issues forced the company to restate its quarterly results late friday afternoon. later in the program we're taking a closer lookç at futur prospects of ipos like grew upon and sin ga. what

[ bell clanging ] [ train whistle blows ] wow!ell, it's one thing seeing them built, but then to see them out here, pulling freight across america, it makes us proud. ♪ feeding your lawn need not be so difficult neighbors. get a load of this bad boy. whoa. this snap spreader system from scotts is snap-crackin' simple -- just snap, lock, and go. [ scott ] feed your lawn. feed it! >>> just before the break as part of the dividend, we asked, which financial stock is up the most so far this year? discover financial? etrade? or moody's? now the payoff. discover financial, which has risen about 35% year to date. >> welcome wack to the closing bell. despite the factor with seeing losses today in the markets, we are seeing stocks at nasdaq holds up. i want it start with research in motion up about 3% today despite the fact that senior level executives are leaving the company. also want to switch gears and talk about alumina as well, we have roech coming out saying it would provide a second bid for the company. we saw alumina reject the sh

anthony bell has been here for the past year.ears. >> he was recently placed under observation after correctional officers discovered he had tied a bed sheet around his neck. >> everything is the same, day in and day out. >> now he is back in his cell and says thoughts of his late mother led to his actions. >> this is all i got right here. this is all i got. that day, i was just going, i was going through the emotions that day, you know what i'm saying? i was really down. i was depressed. it is just like i had that voice in my head, like go on and meet your mom, you know what i'm saying. this ain't the place for you. couple days came become to reality. you know what i'm saying? that ain't worth it. it is what it is. she in a better place. you know what i am saying? so go ahead and do you, you know what i'm saying, and try to get back out on the streets, you know what i'm saying? >> over the past few days, bell has undergone physical and mental evaluations by the prison medical staff. with numerous write-ups for public exposure, h

"closing bell" is next. >>> hi, everybody. happy friday. welcome to the "closing bell." i'm maria bartiromo with the new york stock he can change. >> and i'm bill griffeth. happy friday the 13th. >> that's right. >> the bulls are spooked on this last day of the week. financials leading the markets lower for a second straight week despite better than expected earnings for the likes of jpmorgan chase and wells fargo. what you had was weaker than expected growth numbers from china and a continued rise in spanish. all continuing concerns about a global slow down. we're not trading on our own fundamentals. should you avoid risk-on assets? we have the angle for you coming up. >>> also, we're looking at the banks and mortgages, timothy sloan from wells fargo will be here. >>> first, let's take a look at where we stand as we approach this final stretch. down 71 points. not the lows, certainly off of the worst levels. double digit loss. nasdaq now being sold today, down 36 points. better than 1% to 3,019. with the decline in the session about 11 points, 1376, last trade there. le

when he heard the three bells, he knew what that meant. he knew an object was sighted ahead. he didn't know what it was. he decided to leave the compass platfo platform. as he entered the bridge, he felt the ship hit something and heard this grinding sound of screeching, of rending metal along the bottom. he then turned around and looked. what he saw when he looked over the side was an iceberg passing the stern of the bridge. what we are able to do is go -- actually figure out how long the distance was that he had to walk from the compass platform at the time he heard the three bells until he entered the bridge. we found out it would take 50 to 55 seconds to do that including some reaction time as well, three or four seconds to figure out what should i do. the result of that is that we feel it would have taken 50 to 55 seconds from the time of the three-bell warning until the iceberg was actually struck, not 37 seconds, 50 to 55 seconds, of which 30 seconds was spent from -- at the time from the lookout in the crow easiness going on the phone and getting the information relay

. >> "closing bell" is next. >>> welcome to the "closing bell." >> welcome aboard. looking forward to this week. in the markets right now, kind after choppy start to a very busy week on wall street. solid earnings from citigroup helping the dow post strong gains but the nasdaq is under pressure, amid another sell off in the shares of apple. that stock is now down 8% in the past five trading sessions. a lot of sectors are in the spotlight today. in the next couple of hours. we will take a special look at the knew tour of four key groups. we're talking banks, technology, housing and transportation. we have a host of experts lined up and ready to offer their investment strategy for these groups. you will want to stay tuned to hear what they have to say and help plan your investments. that's a real whistle you are hearing there, by the way. >> it is a real whistle. today's really an interesting day. sometimes we use that word too much. but take a look. dow jones higher than 105 point. triple digit gain. and yet, we have the nasdaq probably still in negative territory, a

sight ed, they struck the bells up. three times. ding, ding, ding, which is a warning saying there is some object ahead. doesn't mean dead ahead. it doesn't say what kind. with the lookout then did, struck the bell, he went to a telephone and called down to the officer of the bridge to tell them what it is that they saw. when -- the phone was finally answered, the dash entire conversation was what do you see? the response was iceberg right ahead. the response from the officer was thank you. turns out -- during the kw inquiries, american inquiry, frederick fleet was questioned by senator fletcher about what happened and so forth. as you can see here by reading what is shown in the -- question and response is that frederick fleet said that he was at the phone for about a half a minute. the order that turned away did not come until after the phone call was responded with and thank you. and when the officer who -- responded in the wheel house put down the phone, he called out to the officer of the watch, william murdoch, sa

we have the "closing bell" after the break. we hope you enjoined the chicago version of "street signs." sometimes the shows move about freely. thank you forebearing with us through th "closing bell" is starting now. >>> hi, everybody. welcome to the final stretch. i'm maria bartiromo with the new york stock exchange. >> and i'm bill griffeth. kind of a chopping day. today is the last day. tomorrow we're closed. the dow fell out of the gate this morning and then rallied midday only to lose steam in the home stretch at tomorrow's jobs report. it would be the third straight down day for the dow making this the worst week for the average so far this year. >>> a lot of buzz about facebook. the high-profile ipo will list on the nasdaq when the company makes its public debut in may. this comes on the heels of the new york stock exchange and market system. full coverage and analysis straight ahead in the "closing bell." >> a lot more on all of those stories. first, take a look at the major averages. we enter the final stretch with the

>> 48 minutes to go before the "closing bell." off of the highs today, being led by at&t, good earnings, 3m as well. >>> apple getting ready to report earnings tonight. we are watching the stock. we are looking at whether or not you want to buy this beaten down name down several days. nine out of 11 days down on apple. >> 10 out of 11. >> 10 out of 11 today, we will breakdown the anticipation and the stock ahead of the results coming up. >>> strong sales in china, latest quarterly profit is lew. we'll ask him next in an exclusive interview. >>> and then after the bell, intel predicting a strong half of the year. the ceo sits down with me to explain what drives growth. that's at 4:00 p.m. eastern. >>> as you can see, more green than red. you're watching cnbc, first in business worldwide. with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rod

find out when we return on "closing bell."h us recently, students from 31 countries took part in a science test. the top academic performers surprised some people. so did the country that came in 17th place. let's raise the bar and elevate our academic standards. let's do what's best for our students-by investing in our teachers. let's solve this. >>> welcome back. shares of dow chemical falling today in the trading session on the heels of a decline and first-quarter profits of over 30%. the nation's largest chemical-maker taking a pre-tax charge of $757 million to close some plants earlier this month. excluding the restructuring expenses, dow says that it earned 61 cents a share which beat analyst expectations. the company is expecting worldwide growth to pick up in the second quarter through the rest of the year. let's talk about that confidence in a cnbc exclusive right now. dow chemical chairman and ceo andrew liveris. very good to see you again. thanks very much for joining us. >> good to be with you, maria. >> first, can

welcome to the "closing bell." i'm maria bartiromo coming to you live from the alliance bernstein trading floor in new york city. we've got a rally under way as we approach the final stretch and we have exclusive interviews coming your way. i'm talking about the state of business with peter krauss, the ceo of apply generals bernstein. also ahead, a tv ex be clues sif with the new ceo and pet of johnson & johnson, alex gorsky. plus, starbucks troy alstead and last but not least, andrew liveris will talk about what we're seeing in this economic recovery globally. first, let's get down to the new york stock exchange. gary, as we approach the final stretch, gary? >> yes. we're seeing a big blue chip average within a striking distance of a new four-year high. texas financials come as they take their cue from the fed chairman ben bernanke who left the door open for mormon tear stimulus yesterday. let's take a look at where things stand right now. dow up 121. nasdaq up almost -- nasdaq up 24 points. the s&p, as we said, e

chipolte reports after the bell.in this last hour ahead of that especially when you look at the technicals? joining us is chairman of renaissance macro research and a cnbc contributor. what are the charts saying about chipolte? >> the entire restaurant sector industries are one of the best industries. it's a leadership industry. as we get this consolidation in the market, it's not enough to see them a source of funds. that's what you're seeing today. >> apple, for example? >> yes, apple, starbucks, chipolte, all in the same camp. this is a very well-defined trend. the 50-day moving average, a nice break out from this base in the fourth quarter. that set the foundation. i expect that this stock consolidates in the next few weeks to months. >> bottom line, what if they miss this afternoon? >> you should be able to hold the 50-day moving average. generally speaking you'll hold the 50-day moving average. it's right around 405. i think that's your worst case scenario. >> thanks so much. >> appreciate it. >> that's talking

when someone calls and you are out, you can be reached by dialing your bell boy code number.teries are -- solar batteries are used to convert sunlight to electrical power and make our batteries talk back from outer place. >> hi, this is the bell suspect's new touchtone. i beat you. imagine if you can an electronic brain operating at a million of a second speeds. i say brain because the new electronic central office will almost think for itself. for one thing, you'll be able to reach frequently called numbers by dialing only two digits. when you do go out, it will be a simple matter to have your calls transferred. you will dial a special code which tells the equipment's brain you want your calls transferred and then dial the telephone number where you can be reached. >> when we come back on a second look, seattle has one. so does this man. the parathas quest who bay area -- the bay area enthusiast who built his own monorail and entertaining tourists from the top of the space needle. >>> in the summer of 1962 seattle became a vacation destination for many families who wanted to

. >> the "closing bell" is next. >>> welcome being to the "closing bell." i'm michelle caruso cabrera. >> and i'm bill griffeth. the dow off the lows of the day after posting losses in the session. technology is the early losers after ibm and intel failed to impress investors with the earnings results. that group is off the lows of the day at the moment, though. here's a look at where things stand at this hour as we go into the last hour of trading. dow off the lows down 54. we were down 87 on the low of the day. now at 13,061 and change. a decline of half a percent. the nasdaq is positive for only the be second time today. up a third of a point at 2,043. >> take a look at the stocks that we're watching in the final hours. american express reports earnings after the bell. we're awaiting results from big names like ebay, qualcomm, and young brand. stay tuned for instant analysis and reaction. the argentan government reduced production due to a state takeover. >>> reversal of fortunes on wall street. big two-day rally before this. we have bob pisani on the fl

[bell] another situation. mr.y contact with mayor gavin newsom at the time because he did not want any unlawful, and civil conduct. so he grabbed his wife. what is the big deal? i do not see any big deal with that. he should not be prosecuted. thank you. [bell] >> thank you, those of you who are left. i am a green cat driver for 27 years in san francisco. -- cabdriver for 27 years in san francisco. i have heard you speak about civil rights, justice, discrimination, etc.. there is a situation that all this come into play and where the board of supervisors comes into play regarding the cab industry. the board turned the cab industry over to the san francisco mta a couple of years ago and since then, although we in the cab industry, we 5000 cabdrivers' of the city have worked as cooperatively as we could with the mta, this relationship has been a disaster, and we're going to have to ask you, supervisors, to step back and help us out. but the mta has done with the 10,000 -- what the mta has done with the workers in it

. >>> taco bell turns around. online payments pay off. mcdonald's takes a stab at another staple of french cuisine. the business headlines are straight ahead. >>> demi moore is moving on from her ex, ashton kutcher and wants her fans to help. >>> a coaching legend steps aside, another walk off for the brewers and penguins stave off elimination by scoring ten goals. you're watching "early today." >>> good morning welcome back to "early today" i'm lynn berry. here are top headlines this morning. >>> india says for the first time it has launched a new missile that could hit chinese cities including beijing. the rocket has a 3,000 mile range and is capable of carrying a nuclear warhead. >>> authorities in texas say a woman has confessed to killing a mother and kidnapping her baby boy on tuesday. verna mcclain suffered a miscarriage but told her fiance they had given birth. >>> an illinois couple collected a big check for their share of the mega millions jackpot. they will collect a lump sum payment of $158 million before taxes. >>> a lucky dr

first hour of the "closing bell." as we finish down 83 points on the dow jones industrial average, a lot more earnings coming up in just a moment here as we get under way with the second hour of the "closing bell." >>> welcome to the "closing bell." joining me is bill griffeth. here's what we're following at the close. major averages snapped a two-day win streak. ibm graded down the dow after the disappointing earnings. coming up, is the pullback an opportunity to get back into this market or is there more selling on the horizon? >>> plus, an earning extravaganza is about to kick off. two big names set to report. we have got it all covered for you. dow jones industrials at 13,031. nasdaq lower by 11 points, 3,031. s&p 500 lower by 5 to 1385. bob pisani has our eye on the floor. what happened? >> ibm was a real weight on the dow. my former producer was pointing out, 50 points on the dow. that's why the dow underperformed. it was a messy day all throughout the day. the financials ended off the lows of the day. we had ap

. >> alan bell, jr. is an 11-year veteran of the dover volunteer fire department.uis morales with the randolph fire department is also on the scene. >> we saw a lot of smoke coming from the first floor and lot of smoke coming from the second floor, in the front of the house. >> morales learns a woman is trapped on the second floor. he and his team quickly assess the situation. >> when i arrived, i just saw the randolph fire department on scene establishing water supply and trying to get into the building to be able to make a rescue of the victim that was reportedly trapped. >> shortly after arriving, alan bell pulls out a brand new gadget, a helmet camera, giving a rare glimpse of what firefighting is like up close. >> i got it for christmas of 2009 so probably about six weeks before this fire. that was the first time i actually used the camera. >> because of a change in regulations, it's the first and only time bell will use his camera on scene. he turns it on and goes about his job for the day. >> we are initially what they called a rapid intervention team to ext

, as it was called the quaker bell sometimes. it wasn't called the liberty bell until the 19th century, but liberty was at its very heart, and around the crown of the bell in 1751 there was a verse from leviticus that was proclaim liberty throughout the land to all the inhabitants thereof. this was an idea of universal liberty. of reciprocal rights of extending the rights that one claimed for themselves. there were four versions of the cause and all of them were in that boat. and all of them were grounded in different senses of a kind of social order. and it was washington's job to lead them. and he had some success in the first campaign, which was in boston and drove general gauge out of the city of boston, the town of boston. and then he moved his army to new york and they knew this would be the great test in the summer of 1776. this was the moment when britain, one of the great powers in the world, greater than ever before after their victories in the last war, decided they would make their maximum effort to break the american

[ bell clanging ] [ train whistle blows ] wow!s one thing seeing them built, but then to see them out here, pulling freight across america, it makes us proud. ♪ we'll have tips on how to deal >>> this morning on "take it off today," with americans eating out more, we need help with keepikee keeping our waistline in check. great to have you here. >> nice to be here. >> you brought samples from popular chains. you're going to talk about how to make it more popular. cheesecake factory. that's chicken and biscuits. it's a lot on one plate. you've split it up. >> keep in mind most restaurants have a healthy option. but you don't always want a healthy option. everyone knows the cheesecake food on platters, not plats. sandwiches could be up to 1600 call calories. if you had one of these a week, that would be the calorie equivalent over the course of a year of a 35 to 37-pound weight gain. >> i believe all that but this is what i want to eat. >> so you can have it. with this one you're going to have to go to a restaurant with four friends

. >>> welcome back to the "closing bell." ben bernanke just wrapped up his news conference with reporters. bernanke leaving the door opened to mormon tear stimulus, which is helping to give this market a lift. we're going to get to the comments and reaction to the reserve. dow jones up 90 points. it's been creeping higher. let's get to our "closing bell" exchange. gary kominski and bob pisani and rick santelli. first let me get your take on the reaction from the markets, rick. >> well, you know, there were two reactions on the statement and i think the reaction of higher rates on the action is apparent. there's no mention of any more extension of the twister qe and another bit of a selloff when the original forecasts were released because of his horizon for the unemployment rate falling below 8%. rates are where they were four or five hours ago. >> he said that labor market conditions and unemployment rate has declined but remains elevated and i think that's probably the crux of the issue. we're seeing a recovery but it's not

kfc and taco bell parent yum brands posted a whopping 73% profit gain, thanks to taco's bell impressiveebound. >>> and elsewhere after hours, mobile chip maker qualcomm shrank 3%. ebay blew past wall street's earnings expectations thanks to impressive pay pal riff knew and brisk ecommerce sales. >>> halliburton rose 5% fuelled by a rush to tap new oil mels in north america. >>> and the environmental protection agency is giving energy companies more time to begin using green completion equipment. when they drill for national gas. the 2015 deadline is the first federal mandate governing pollution from hydraulic fracturing or so-called fracking. >>> new data from the labor department shows food prices are rising at a slower pace this year which could bring some much-needed relief at the checkout line. >>> and finally, is this a little strange? mcdonald's has a new mcbaguette that it launched to mixed reviews in france. while some customers praised the chain's nod to french fare, others critiqued the missing crunch from the traditional crusty bread. >>> well in health news, a new study says