i said bill ackman has new information.think about it, he leaked a headline that he has no information on herbalife. what could it be? by the way, if he really does-- liz: a supply chain issue. speacharlie: if you have new information, bill ackman should be able to put that up and not manipulate the stock. not leak a story where the market moves on alleged new information. for all i know it is a new interpretation of old information or a supplier. who knows. but if you're going to leak this information, after putting out. do we know for a fact he leaked this? no. but i believe, it is my opinion, 99.9% sure he did that. how would some of the all spun out he had no information about this stock. i think this is the reprehensible. we don't know what the new information is. liz: somebody puts it out there. charlie: or somebody puts it out. it caps on brand x rate goes unvarnished. it is down like more than 2%. got crushed initially. listen, this is my opinion, i am not saying ill ackman is a sleaze ball, but this is sleazy. come

or bill ackman can stay solvent because a good many money manager and he got out of j.c. penney at the right time so my bet says he will survive this for sure ok so you're . on to both of them and certainly. that's all for now but you can see all segments featured in today's show on you tube at you tube dot com slash boom bust r.t. we also love hearing from you so please check out our facebook page at facebook dot com slash boom bust r.t. and for all of us here boom bust thank you for watching on monday. wealthy british soil. is no time to write let's go to. the market why not come to. find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to cause a report on our. last time as a new alert animation scripts scare me a little bit. there is breaking news tonight and we are continuing to follow the breaking news. the alexander family cry tears of joy at great things other than their. head a court of law found alive there's a story made for a movie is playing out in real life. more news to

or bill ackman can stay solvent i think is a good many money manager and he got out of j.c. penney at the right time so my bet says he will survive this for sure ok so your. team both of them in certain. that it's all over now but you can see all segments featured in today's show on you tube at you tube dot com slash boom bust r.t. we also love hearing from you so please check out our facebook page at facebook dot com slash boom bust r.t. and for all of us here boom bust thank you for watching us see you on monday. first time of the new alert animation scripts scare me a little bit. there is breaking news tonight and we are continuing to follow the breaking news. alexander's family cry tears of joy and a great things out there that there has been rendered into court a wall around online and there's a story made for a movie is playing out in real life. larry king now the woman formerly known as the girl next door ten the wilkinson half is the most amazing person ever walk in our life you have a mislead girls you know you've been to a no no that was a very different type of si

or bill ackman can stay solvent i think is a good many money manager and he got out of j.c. penney at the right time so my bet says he will survive this for sure ok so you're . both of them in certain. that's all for now but you can see all segments featured in today's show on you tube at you tube dot com slash boom bust r.t. we also love hearing from you so please check out our facebook page at facebook dot com slash boom bust r.t. and for all of us here boom bust thank you for watching on monday. we're suffering not from inflation and as ed pointed out we're suffering from debt deflation we have any collapsed economy where prices are not going up nearly enough to produce. enough demand in the economy and economy so that people can be put back to work we have the highest level of sustained unemployment since the great depression ok now i don't know if you are standing on everyone. question if you go on to the right ask him as well as the real world and you ask people whether they think whether they think wall street is a problem i think they would agree with me that wall st

the battle between the doubters like bill ackman who still has a good 50 million shares or so bettingwill go down against the big guys who are betting it will go up. nevermind all three of these guys know nothing about the herbalife business but their placing bets anyway. david: i remember carl icahn talking about they make a lot of good stuff. speak to anybody who has grown up in l.a. sees the bumper stickers that say herbalife, ask me how. how do they do it. jumping in the aftermarket session and again we want to reiterate that have added the doctor to their board. i know you saw that. having been an important focus during the 2002 administration. >> i guess so. new board members don't bombay stock. it has to be some cold cash coming in which clearly it is here. david: nice bump after hours. liz: a deep dive into apple earnings. whether the stock will ever top $700 again. david: even more problems over the weekend for healthcare.gov. the perspective from a guy who knows a thing or two about websites. founder of overstock.com, his prescription for obamacare coming right up. i'm sorry

we could have had an identical conversation about following bill ackman a year ago before all of his trades went wrong at once. we could have done the same thing about einhorn, name an illustrious investor. every one of these guys goes through their moments. >> you look troubled or puzzled. >> no, i'm not troubled by it, but i think all of us and all of them, we trace out a road map for what we think's going to happen. i think you have to go back to what carl originally told us. what did he believe about netflix? he believed the fundamentals of the company would reaccelerate. well, that actually happened in the earnings report. additionally if you think back when netflix was a sub100 dollar stock, we were talking about the potential for m&a. now that it's north of 350, you have to remove the m&a premium which is not as significant as it was. >> the possibility that somebody would swoop in and pick it up. should i play icahn by buying icahn enterprises? >> you certainly could. you could diversify. >> if you did in january of 2000, you'd be happy as heck right now because the stock sin

you have icahn and bill ackman was building his whole hedge fund. lots of people were buying because they felt the atkins fund could be broken. atkins switched to put on the downsize on a squeeze up. at least it has a clean accounting bill of health. i think that will breed life into the ackman taunters and the cycle will begin something i'm sure judge wapner will have the answers. it's the icahn show. tuesday is new economy day. yelp, do you yelp and linkdin. it representing two of the most exciting new stories that have been public in years. they need to raise the revenue forecast and might as well give the whole thing. it doesn't cost anything to listen to me. i want a three for one stock split, okay? so many opportunities for growth, i want them to raise money. this is a first, right? i want them to raise money to allow them to become the first worldwide mobile yellow pages. they are built on world domination not unlike pinky the brain and amazon. both meeting yelp and linkedin. you also want to pay close attention when it reports tuesday after

i have icahn and bill ackman who at one point seemed to be betting his whole hedge fuven. a lot of people were buying herbal life, investors freaked out. they switched to put off the limit the downside. nonetheless, if herbal life reports a good quarter, at last it has a clean accounting bill of health. i think that will breathe life into the contras. i'm sure judge wapner will have the answers. it's like the icahn of the show, wapner-icahn show. tuesday is new economy day. we get result, yelp. do you yelp and limpgdin. now, these companies with their dual subscription advertising models represent two models that have come public in years. they need to raise the ref few forecasts and we might as well give them the whole thing. i want a three for one stock load. it's like amazon, already so many opportunities for growth, i want them to raise money to allow them to become the first world wide mobile yellow pages. both linkedin and yelp are bent on domination none like pinky the brain and amazon. both yelp and limpgdin, yelp needs more money to do it. please raise the money,

bill ackman. charlie: he doesn't want to come on. i e-mailed him, he says he doesn't want to do it. my thing, he says. liz: okay. charlie: tv is definitely your thing. liz: the closing bell ringing in 39 minutes. twittetwitter hitting new york s today. top executives drum up support for next week's ipo. they have to go to swanky hotels and talk to potential investors. guess what, that's happening right now in manhattan. and we are there. cheryl is there. we will talk to her in a second. it might be the little engine that could. challenging john deere, the biggie, in the global battle for agricultural equipment. company chairman and ceo telling us how he is taking on a much bigger rival in a fox business exclusive. and guess what, got a little flavor to him. weekdays are for rising to the challenge. they're the days to take care of business. when possibilities become reality. with centurylink as your trusted partner, our visionary cloud infrastructure and global broadband network free you to focus on what matters. with custom communications solutions and responsive, dedicated support

activist action as bill ackman capitulates on herbalife, stan loeb instigates on sotheby's. when we come back. . >>> welcome back. the battle between herbalife and carl icahn has taken a surprising turn. in a l-- ackman and herbalife l. ackman writing, by substantially reducing the size of our short position as a percentage of the share float we minimize the risk of so-called short squeezes or other technical attempts by market manipulators to force us to cover our position. some might say ackman's move to cover nearly half of his bet gives carl icahn a victory in a battle that has captivated wall street from the beginning. the first exchanged live on our program back in january. >> we will be proven right or we will be proven wrong. we shorted the stock, we have not covered our shares, we believe in what we -- and we have more to come by the way. we have -- we have some questions the company has given us the opportunity to ask and we will have responses for every issue they raised and their response of presentation to us and what i can thank carl for he helped highlight herb

this was a big -- i know bill ackman has taken his lumps. this was a play a year or two ago.ian pacific. trades in toronto and new york. >> talking of canadian, a energy delivery company, another one on our radar. >> i knew of enbridge, surprised to learn this has the most miles of pipeline in north america, canada, also here. 13% of canadian oil comes into the united states comes in through an enbridge prip. they're planning expansion around here, fort mcmurray up in northern alberta to edmonton, canada. down today but a huge pipeline player looking for the delivery of oil and gas these are the names you need to be focused on. >> our last name, kind of an iro irony, under the radar names on "street signs" are really good performers as well and this is the best performing bakken related stock this year. it is pdc energy. >> yeah. not a name i had heard before we started doing research for the trip on here. stock down year to date, up 105%. stock one to watch as you pointed out. one of the under radar name. if we could do a "street signs" for an hour we probably wouldn't have

right now for the executive edge and we start with some returns from bill's pershing square. ackmanthey gain only half a percent from year to date. the nasdaq up 5% for that same period. ackman exited the fund's position in jp penny losing half the investment. they're down 10.77 billion from over 12 billion back in 2012. as for his stake in herbalife he has restructured his bet to protect the fund for further paper losses and deuced the short equity position by more than 40% and replaced it with long-term derivatives and put options, he acknowledges herbalife is a pyramid scheme and announced a 1 billion short bet against the company by saying it is this big pyramid scheme. carl icahn gave scott wapner a statement saying "i am certainly happy i made the profit. i this his purchase is a judicious one because i believe the company is meaningfully undervalued." we wanted to see how much damage was out there. >> two points i want to make. one is oddly enough if you look in august, he was up in terms of how much money has come into the fund. only by 1% and they're down materially so i do

. >> and bill ackman having sold his entire 18% position.twice the current stock price. >> maybe he put the money in new skins. >> roughly 50% down side from where he sold the stock. >> better he cut it better late than never. >> when we comeck, a lot more on the netflix juggernaut. also be sure to tune in tomorrow. cramer with the ceo of starbucks. howard schultz. the s&p has just turned into its fourth consecutive high. we haven't done that. back in a minute. ♪ you've got time bny mellon combines investment management & investment servicing, giving us unique insights which help us attract the industry's brightest minds who create powerful strategies for a country's investments which are used to build new schools to build more bright minds. inst bny mellon. sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. i've got a big date, but my sinuses are acting up. it's tim

but, boy, bill ackman probably got out at the right time. [ indistinct shouting ] ♪ [ indistinct shoutingt-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> welcome back to "squawk box." releasing the roster of all star analysts today. we have one of the men featured in the middle of this year's cover. there he is right there. but also right here. howard chen, a top chair analyst from credit suisse with his insight into the health of the financial services sector. thanks for being here. and congratulations on this win. before we get into financials because we were all debating this in the 6:00 hour. when you get selected like this -- >> sure. >> it's not solely -- part of it is the picks, stock picks. >> is it? >> part of it is service to the client, what people think of you, how you work with them. how does this all happen? >> well, first, thanks so much for having me on. good morning, everybody. so, i think, on this and the broader ranking, i th

meaning, do we think or do you think that carl icahn bill ackman, i don't know if you want to put billory. we could name the list. good or bad for society? good or bad for the idea of long-term value? for example, what carl icahn wants to do at apple. is that a good or bad thing? i don't think carl knows a thing about the actual product or the technology. he -- it's a financial play, you know, one of the things i worry about. i think i looked at a company like ibm, actually. that's a company that hasn't had so many great quarters. i wouldn't be surprised if an activist shows up on their doorstep. they spend a lot of money on r & d. and all of a sudden if something like that were to happen, they slash the r & d budget. what does that company look like ten years from now? that's the antiactivist argument. >> right, but it's a little bit of both. it's great, i think, that tim cook met with carl icahn. that's a good thing. i mean, it can't be a bad thing to have a ceo of a company like that meet with a shareholder. on the other hand, what does carl icahn know about what's going on within t

and jcpenney, which not only saw the departure of bill ackman, but a big spub offering. they added another 80%. the ocean gets warmer. the peruvian anchovy harvest suffers. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. >>> time now for the executive edge. this is our daily focus that gives business leaders a leg up. this morning, we have a story under the radar. berkshire hathway is about to collect on a financial crisis era investment. he converts gold mak sacks into live shares. that initially gave berkshire the right to buy 43.5 million shares at a 9% stake in goldman. now, that deal was aemed earlier this year to give berkshire a smaller stake, but one that would not require it to pay any money to exercise the warrant. berkshire will get about $13.1 million goldman shares, making it the bank's sixth largest shareholder. >> so, becky, my question on this -- and