bill ackman --he had a tough night.lockbuster earnings report, profits were up 10% with a doubling of sales in china and the company also boosted their sales. sanford joins us from atlanta. break it down for us. what did they report? >> basically, they boosted their forecast a good bit for the next year, they say that china will continue to do well, latin theycan will do well, and are piling on more reasons for thestors to think fundamental sales of the company will be strong. to bethere a reason suspect because latin america is doing so well? venezuela is up something like 90%. does this make sense to you, the country's economy is in free fall and herbalife, a diet supplement company, would be up that much? >> they have raised questions about latin american businesses and growth. if you look at mexico, the amount of nutrition clubs are especially higher than anywhere else in the world. he has raise questions about that. questions about the growth there, as well. here in the united states and 60% of the business, it is

move, bill ackman, i am talking about?pushing the regulatory front. he is pretty much still moving on all the fronts that he has the last year. you have seen a lot also from him on the question of hispanics. hispanics make up about 60% of herbalife's business in the u.s. herbalifelegation is is taking advantage of those hispanics may be being less sophisticated, maybe some immigrants, people don't want to report that they have been ripped off. you heard him talk a lot about that lately. he as action -- he has been joined by a major latino advocacy group that met with the ftc last week and also talking about the fact that they believe herbalife is taking advantage of latinos. affirmed bill ackman's position? what difference does it make now? >> they again met with the ftc last week. it did not seem anything substantive came out of the meeting. that theyno feel actually got commitment from the ftc. the ftc hears people out. but the group definitely is not going away. it will definitely keep pushing the case. it will be inter

are they sympathetic to bill ackman, do they see aside? -- see his side? not a lot of talk yet and that is why you see or believe being a rocket, but senator ed markey has been pretty skeptical of thing on the, sending letters to the sec, ftc, asking for an investigation . asking questions about this business model. we know that johnson actually just got back to him in a letter this week. we have a copy of the letter. parallels with the case that staffers are going to be making today, that these jobs come he argues, just like amway or avon as far as the business model, making the appeal to members of congress that this means jobs. "herbalife will employ 7004 hundred people including approximately 6750 one contract manufacturers, employing 94 individuals in massachusetts. read between the lines. they are stating the language on o, appealing this will be -- speaking billing which on capitol hill, a feeling that this will be good for jobs. there is a production facility for herbalife that they have funded in north carolina. >> trying to get in front of it for

we are not paying attention to what bill ackman is doing. we are focusing on what is happening to the latino distributors. they are making nothing. 80% of them are making nothing. 99.5% of them are getting less than the living wage. this is probably the biggest scam out there. said that you're not paying any attention to what bill ackman is doing. as your organization had contact with bill ackman or any of his employees? >> we have had contact with consultants of bill ackman and they have approached us. they have hired every latino between the two of them in washington, d.c. >> what does that mean? >> everybody needs to be clear. contact between you, anybody in your organization, and bill ackman, himself? >> absolutely not. -- >> no direct contact no direct contact with herbalife management? >> i have had direct contact with herbalife management. you may know this, they have provided us a statement that says a number of things. you say your organization has been making ill-informed public declarations and they would welcome an opportunity to

herbalife with a winning quarter after accusations by short seller bill ackman and democratic senator as charlie gasparino says, herbalife is now returning more cash to shareholders. "countdown to the closing bell" starts right now. we have some breaking news, the nasdaq is hitting its first 100-point loss since 2011. we are seeing quite the acceleration in losses right now at this very moment, 3:00 p.m. eastern. the last hour of trading. you will know that song, i'm having a bad, bad day by the movie despicable me. quite a few are probably feeling that way right now. low of the session for the dow jones industrials down 312 points, we are just slightly off that at the moment but there is a lot more to this story. the dow jones industrials tumbling to the 50 day moving average and went below that, the gray line you are seeing right here. now we're getting close to a similar trajectory for the 200 day moving average, and that is the blue line. it becomes problematic. why does this matter? a closely follows the chart and what they do is they set they sell order to trigger once these lev

bill ackman and jcpenney. was he was -- was he working for his interest or the interest of the shareholders? area clear it was a complete disaster. i think time will prove it was mostly in his own interest. >> why do you think activism is ever more present these days than in the market? >> you mentioned i was once the .resident of at&t broadband at that time the average sure was held for three years. now the new average share is held or three months. reallyrt-term holding favors activism. even with the large pension holdings, there is so much getting shorter. >> activism is synonymous with the word short-term holding. lex stay with me for a moment. so much more. >> including the mover and shaker. a new host of the tonight show, jimmy fallon. made his debut last night, taking over for jay leno. he was joined by actor will smith and the band youtube. they played on the rooftop. the daily beast says opening night was brilliant. youngerng to get viewers to tune in because the median age is 58 years old. jimmy fall

jcpenney is a favorite of bill ackman, find the most in four months after posting fourth- quarter same-storees that missed estimates. the company is shutting stores a 75% stock price decline in the last year and it is not the only one. radioshack, a favorite of maps, will close 500 stores within months. they do they should not have spent all of that money on super bowl ads. julie hyman is here with more. what do you make of this? >> let's get to jcpenney. shares fell to a record low today. same-store sales were up. they did better but they were not up enough. that seemed to be the crux of the problem. most analysts were looking for double that. you are looking for a very low base. the same sale fell 32% the prior year in the same quarter. if you're looking at dismal numbers like that, you think you would get better than two percent gain off the base. it is a gain, but a small gain. >> it does not look like a trend. it would have to look like a to giver the market them credit. unless we just saw a video of those stores. all empty. i do not see any reason to go to jcpenney. >> that is the prob

. >>> bill ackman getting personal on herbalife. he's not only going after the company but now also going after some of its biggest distributors. by name. let's bring in the street.com's herb greenberg. when we say distributor people think the beer distributor. no, no, no. these are individuals, right, that are the ones that are selling the product so bill ackman is essentially calling out some individuals, in fact, one of them by their hometown by name. what do you make of this? >> well, i think it is maybe a little bit overdue. these are not just regular old distributors. the people he's pointing to, especially the person he mentions today, who is in colorado and canada, is no longer a distributor. he's moved on to some other company. these are the biggest distributors who have real big down lines tan point i think he's pointing out, when you look at some of these people, especially those who have left the company, is some were accused perhaps of violating some of the company's own rules and the question is why did it take the com

herbalife investors shook off comments from activist investor bill ackman... who has questioned the company's business model... deeming it a "pyramid scheme." now, ackman is accusing herbalife of employing distributors with a criminal backround. the company declined to comment. the stock rallied four dollars. a wave of relief is happening for the carnival cruise line. the company reports january bookings rose 17%. the ceo attributes the rise to product improvement and attractive promotions. this is a typical time of the year when people sign up for cruises. but the industry has been dealing with a flu like illiness that spread quickly on a royal carribean ship as well as the carnival princess. hopes are high for an expirimental breast cancer drug from pfizer. in a trial of patients in the middle stage of the disease-- pfizer said the drug palbohsyklib, significantly improved survival rates by blocking enzymes that enable cancerous tumors to grow. the drug now requires approval from the food and drug administration. pfizer stock was one of the few dow stocks up

any hint of bill ackman's accusations of the improprieties? i think to the upside herbalife has traded over 70. but the real pressure would be to the downside with any sort of bad report or bad guidance. >>thank you scott and have a great week. >>thank you. you too. paul eggers fills in today for chuck coppola--good morning. good morning, angie...its a short week after president's day, and that's good news for whole foods, who had a looong week last week. in today's cover story, a closer look at the problems dragging down the up market grocer. investors lost thier appetite for whole foods for a while last week.. the stock sold off nearly $6 dollars thursday after the grocery chain lowered it's outlook for the year. it then rebounded 79 cents friday. competition, from the likes of privately held trader joes and public firms sprouts farmers market and fresh market are putting pressure on whole foods at a time when the chain is adding new stores. whole foods public image also faces a bit of a battle. in chicago, employees have rallied behind rhia

. >>> bill ackman may think herbalife is a pyramid scheme but the market doesn't appear to be buyingh new numbers on how much this short bet is hurting the hedge fund manager's bottom line. welcome back. >> great to be here. >> it's been a hefty drop, to say the least. >> big time. big time. we now know that herbalife is officially the worst investment ever made by at least so far through 2013. it fell 49% for the firm, which is the worse than even jp cent any or citigroup. >> jcpenney down 41%. citigroup down 31%. people often when they talk about ackman, fairly or not, act this spectacular losses rather than the spectacular winners, and he is bill ackman because he's had big wins, too. >> right. so a couple of important points of context. one, he's produced 15% annualized returns for investors over ten years, which is exceptional. the firm was also up about 9.3% last year with all the big jcp and herbalife losses and herbalife is down about 15% year to date. the numbers are probably a bit better. >> you know this guy well. you know this space well. the most, you know, some of the m

it's already the stuff of legends thanks to an impromptu televised verbal brawl between investors bill ackman and carl icahn now ackerman has been shorting herbalife and calling the company a pyramid scheme for well over a year however carl icahn along with some other big name hedge fund honchos like george soros and download they've taken the other side of the bet and done much much better herbalife shares were up six percent in early trading monday after the company said it increased its share repurchase program from five hundred million to one point five billion dollars herbalife considers itself a multilevel marketer and strongly denies allegations that it's a pyramid scheme the f.t.c. says quote a company can be considered a pyramid scheme if it's just repeaters make more money from work prevent them from selling products to consumers outside the network senator ed markey sent a letter sent a letter to the f.t.c. last week asking them to investigate herbalife and according to brant wilkes executive director of the league of united latin american citizens more than a dozen activists from

it's already the stuff of legends thanks to an impromptu televised verbal brawl between investors bill ackman and carl icahn now after man has been shorting herbalife and calling the company a pyramid scheme for well over a year however color coral. along with some other big name hedge fund honchos like george soros and download they've taken the other side of the bet and done much much better herbalife shares were a six percent in early trading monday after the company said it increased its share repurchase program from five hundred million to one point five billion dollars herbalife considers itself a multilevel marketer and strongly denies allegations that it's a pyramid scheme the f.t.c. says quote a company can be.

bill ackman and bruce berkowitz are making a bit -- bet that that will soon change.eholders get their hands on the profits? we are joined by a banking analyst. josh, brick it down here. bill ackman and bruce berkowitz thinking here that at some point the money will get return to shareholders and they're going to get out from under the government's thumb. >> at some point we have to recognize that the companies have functionally paid the government back. income into the government coffers does not really make sense. so long as the government is on the hook for having to bail them out. >> on the hook for bailing out a large number of institutions. all of them had the opportunity to pay back. we have said fannie and freddie cannot pay back. at the end of the day where watching these crazy machinations in washington, focused on restructuring the mortgage finance system and talking about dismantling the cornerstone. >> that would be having a fannie and freddie that were not actually government-sponsored entities. there would be no government involved at all, which would t

bill ackman promises to take his herbalife issue to the end of the earth. a company's meeting with regulators might shake out. quite cover girl. tellsodel petra nemcova us how they pick who will grace the cover of the cover the "sports illustrated" swimsuit cover. i am matt miller. >> and i am alix steel. existing home sales, why can you ?ell us to g >> they are down five point one percent. the expectation was 4.1%, so it did take a big toll. it is very obvious what happened during the month when you look --the regional background breakdown. 7% almost in the midwest, down 5% in the south, 8.3% in the west, everywhere affected, 80% of the country was affected in january by the bad weather. single-family down 5.8%. condos and co-ops were flat, may be eager to get around in the with condos cities and co-ops. overall, a bad month. everybody will look through it and we will wait and see what happens when the weather starts to move up. >> we will keep you with us, mike. we will bring with us drew matus, deputy economist at ubs, given stamford, connecticut this mo

ok well here is someone who would agree with your activist investor bill ackman he's been extremely vocal about herbalife being a pyramid scheme and his fund pershing square capital it's so sure of it that he's taken a one hundred billion dollars short position in the company now the question is why would such a sophisticated investor be so vocal about a potential pyramid scheme if they weren't absolutely positively certain that it was in fact a pyramid scheme well i believe that i believe that it's a pyramid scheme i don't think that herbalife is going to sue acme because then they'd be open up to discovery that would give documents subpoena power and you know you don't want to pissed off short so we go in through your books and records no you certainly do not which is actually already done there's lots of presentations that he's done that kind of put evidence this but they recently thought about getting into the company's internal books and records you know you know which is probably going to create a common interest now here's the question you know price waterhouse cooper they've come

ok well here is someone who would agree with you activists investor bill ackman he's been extremely vocal about herbalife being a pyramid scheme and his fund pershing square capital it's so sure of it that he's taken a one hundred billion dollars short position in the company now the question is why would such a sophisticated investor be so vocal about a potential pyramid scheme if they weren't absolutely positively certain that it was in fact a pyramid scheme well i believe that i believe that it's a pyramid scheme i don't think that herbalife is going to sue acme because then they'd be open up to discovery that would give documents subpoena power and you know you don't want to pissed off short so we go in three books and records now here's the question you know price waterhouse cooper they've come in and they've looked at the books they're new auditors and they've given them a clean bill of health and herbalife they certainly have plenty of cash cash flow to fund my value at various ways a good price i'm sorry to interrupt you pricewaterhouse coopers looking at the books as kind of like

he was supported by bill ackman.hat's what happened, goodbye company. >> he is not the only guest who comes on bloomberg talking like that. theyey compete with us and said it is a little overlapping. we just bought braintree. who is he fully when they write these letters? it is not just a little bit of overlap. >> he spoke with trish regan yesterday. he wants ebay to spin off paypal. he was referring to scott cook. and markit in for him andreessen. he called them out in a letter to the ebay board saying they are not working in the companies test interest. >> i have never seen one as blatant as this. we have seen a lot of them. weren't sad it would be funny. it's all about corporate governance in this company. it is sort of dysfunctional. mark andreessen on the board of and scott cook are two of the most respected and accomplished and value driven leaders in silicon valley. i agree. i think they are respected and the compass and agree mostly their value as leaders. the trouble is, value driven leaders for themselves b

bill ackman, the billionaire investor has accused the company of operating impairments keep -- a peerd scheme. we are also watching share the groupon today, lunging after they forecast first-quarter earnings that came in lower than analysts were estimating. fromnt to try to move some just becoming a retailer. ♪ >> welcome back to the second half-hour of online on bloomberg television. let's get you the close of oil on this friday. it has been a pretty up-and-down week, new york crude is down over half a percent. let's take a look at natural gas as well, it was up today, almost a full percent. 616 -- 6.16. natural gas was up 18%, and reformulated gas was up about why gay percent -- .8%. is brokeringates an agreement between the president and opposition in the great -- in the ukraine. fannie mae says it will pay the u.s. treasury another $7 billion after posting its eight trade quarterly profit. with this latest devon a, it is now sent the treasury more money than the billing up -- bailout it received during the crisis. at a white house meeting, the president said that the increase is g

herbalife hast become the biggest loser for bill ackman's loser since its inception. >> peter will stick around. first let's get insight into these tech results from paul kedrosky. he joins us from san diego. paul, we had a bunch of tech earnings out after the closing bell. let's start with hewlett-packard. not seeing much reaction. your take on the quarter? >> there was a little bump higher on the headline, and that it weakened since. the current quarter was better than expected. look ahead in terms of guidance, it is a little light on the earnings side. that is all market technical stuff. the deeper story has to be how well the transformation of the company is going. away from being reliant on traditional products and certainly on the desktop front, moving towards servers and 3-d printers and things like this. that is going, but it is a long, painful transition. it is still early days. the numbers suggest it will be four or five quarters, not one or two. this one is still very messy. >> how do you think meg whitman is doing? she is three years in working on this turnaround of hewlett-p

bill ackman i believe is involved in this. there has been other lawsuits out there.hard perry, a big hedge fund executive, is suing the federal government. but you know, there are a couple, what i find so speculative about this if i may, number one you have to expect that the government is going to lose and, doesn't sound like they can lose this, doesn't it? i mean, this is the federal government. obama administration going to courts saying we bailed out this company. we own it. it is ours. we want to keep all the money and pay for all our welfare perhaps which is essentially what they're trying to do here? >> but they don't own it. they basically said very specifically in the 2008 housing recovery act which set up the current situation that, a, this would be a conservatorship and b, they would give it back to the shareholders once the conservatorship was ended. that would end when the company turned profitable. in august of 2012 it was very clear that the company, the companies had turned profitable and the government reneged on the deal. the government says, well,

we will have money more on this in just a minute, but bill ackman is speaking at a conference right nowbalife's bet is not exactly paying off. we've got five minutes before the closing bell rings on rally day here. we'll find out exactly where your money goes, the top of the] hour. don't move. ♪ we asked people a question, how much money do you think u'll need when you retire? $500,000. maybe half-million. say a million dollars. [ dan ] then we gave each person a ribbon to show how ma years at amount might last. ♪ i was trying to like pull it a littlfurther. you know, i was trying to stretch it a ltle bit more. [ woman ] got me to 70 years old. i'm going to have to rethink this thing. [ man ] i looked around t everybody else and i was like, "are you kidding me?" [ dan ] it's just human nature to focus on the here and now. so it's hard to imagine h much we'll need for a retirement that could last 30 years or more. so maybe we need to approac things differently, if we want to be ready for a longer retirement. ♪ ♪ became big business overnight? ♪ like, really big... then expanded? ♪ or the

we can sit here and judge gses until the end of time but bill ackman a billionaire hedge fund guy, believes that fannie mae could be worth 10 types what it is now. he is talking common shares in just a couple of years. he's a smart guy. should people be buying this stock? >> well, i'm sure he is a smart guy. i knoo fannie's stock went up 70 times from the late '80s to 2004. and so there is probably a play here for fannie mae stock. how long that play goes before the wheel turns and there is risk comes back and bites the government, nobody knows but certainly these trends tend to go on for years and we've been back with these house price increases for just 15 or 16 months. liz: sure. >> certainly the government will try to keep this going for the next, you know, as long as they can and that could be years f that happens, fannie mae and freddie will make what appears to be a lot of money and then the question is will the government allow any to go to the shareholders which is entirely different question. liz: indeed. it? >> time something everything and buyer beware. liz: exactly. caveat emto

a big bill ackman play. heavily invested. watch the name. >> and workday upgraded to outperform from market perform. and lots of names we don't normally talk about. >> it's good. that's why we have "street signs." >> it's our thing. target increased by 78% to $150. folks, stock's at 115. 115 to 150. you do the math. and human capital software company, whatever that means, acquired identified, a company that offers predictive an letic human resource software. >> what? >> the computer will tell you who's going to quit, who's going to cause problems and who's going to send the crazy e-mails like i do. >>> i can tell by looking at somebody. >> don't look at me when you say that, and retailer, conn's down 44%. preannounced erpings, it's the top pick of our next pick who discussed the stock here back in january. is he still a buyer of conn's? haven't done well since you were toutingen stock on the show. do you still buy it? >> i would. a tough year to date. had a nice run since we came in last december, maybe up about 40% but it's

shows shares are up 2% to 3% in trading but tyler, bill ackman could have influence over that ceo decisiono you. >> thank you, dom. >>> have we told you it's cold and snowy, steve? i don't know. much of the northeast and the south -- have we mentioned that yet this hour? >> complaining about it too much. >> we'll error wimps up here. it's starting, however, to have a real economic impact. isn't it? >> it trai. first of all, today, retail sales and businesses, cutting into inventories, a big cut from december and january cutting q4 gdp by 3.4% according to a flash survey with moodys.com. tracking 2.5%. government reported 3.2%. steadily coming down. first quarter tracking at 2.4%. a lot of that is the weather, and we that you in the retail sales number today. what we saw is that we saw the, some of the -- some of the detail there's. ex autos. people aren't shopping for cars, buying, selling homes. not coming out to buy furniture. one up, building and garden materials. maybeand shovels. 40% of the country covered by snow. that's 2013. over here, what it looks like this year. that's what it l

this is after bill ackman struck back with claims about a former top herbalife distributor raising newns about the company's sales practices. he charged on a new website that herbalife found new distributors through a business that had been convicted in canada ten years ago of running an illegal pyramid scheme. so the battle continues. >> a final quick word here. bob, you first. very fast. >> i think the important thing is watch what happens in the next two days. markets stabilize in emerging markets, i think we will get some break. >> ten seconds. >> technically, 1735 is the next level you have to look to for some real support. >> "street signs" after a break. and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ability to fight infections, i

there must not have been a lot new on the website ttat bill ackman put through, david, because otherwise have seen the stock drop. david: let's look at bigger picture which is the market drag. the stock market pullback could be partly due to the fed's decision to taper back on its bond buying program. but the market slide turns into a tailspin, will the fed go back to record levels of money printing and bond buying? dallas federal reserve president richard fisher has a vote on that decision and all other major decisions on the fed open market committee and richard fisher joins news a fox business exclusive. wonderful to see you, richard. very important day to have you on. there is a lot of speculation how much of the market slide not only today but for the full month of january is due to the fed's tapering? what do you think? >> well, i gave a speech on the 14th of january. and as you know the market peaked on the 16th. david: so you're good news for the market. >> no, but i think the title, if you remember was, how i felt that the market had been wearing beer goggles. that everything lo

herbalife earnings today is not going to be about soros but whether there's something there that bill ackman can sink his teeth into. if there's nothing there that looks line an investigation, as long as the numbers are in line, i think you see short covering, i think the stock -- >> already preannounced so the numbers are not going to be a big shock at all. it's going to be what else is in there, if anything. >> like an investigation, if not, i think it rallies. >> the latest filings confirming what i reported last month as well that dan lobe added a huge stake in hertz. josh? >> they're all in here. and i think what's interesting is that the stock has not acted well. year to date it's off 10%. it's very high beta. 2.88. it really moves in both directions. it's a hot stop there. traders are watching as hedge funds pile in. i think it will stay interesting throughout the quarter of the year. >>> coming up, apple and tesla are holding a mysterious meeting. with all the opinions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of u

our investors willing to bet that bill ackman is wrong?ritional supplement company a pyramid scheme. it offers private equity firms substantial cash flow to pay off debt. herbalife is not commenting. tumbled. prices have it is having technical problems. $151 on oneg for exchange. the takeover in battle involving men's wearhouse and joseph a bank. it will raise it even more if joseph a bank drops its takeover bid for eddie bauer. this began in october when joseph a bank offered to buy men's wearhouse. hagele secretary chuck will release details of the pentagon's aja plan later today. the proposal to reduce the size of the u.s. army is already coming under fire. peter cook joins us now. hagel should be ready for some pushback. we heard from congressman mike turner this morning. >> that is right. a preview of what is to come from chuck hagel. a variety of forces from capitol hill. he will try to sell it on capitol hill. decembert deal back in , a continuation of sequestration, forcing hagel into tough choices. this budget represents the admin

bill ackman keeps being wrong on this. >> mo koyfman with us. aw two different tech deals. completely different process from twitter. what is the younger tech world learn from going public when they learned -- looked at twitter? >> they learned the lesson that many public companies have learned. you have to underpromise and over deliver. >> that is simply what they have done. i was stunned by the conference call. the whole digital extravaganza. everything you do, every touch point you have as a company, whether it is with the consumer, the street, investors -- it has to reflect your brand. i think the conference call is just another part of that. >> we will be talking about the ukraine coming up next. ♪ >> the morning, everyone. "bloomberg surveillance." scarlet fu is off this week. of guest host is mo koyfman spark capital. company news. >> john malone putting his plans into motion. the billionaire is getting the companys stakes in the if he decides to sell. he will stay active with both companies. may face objections by the european union. they plan to merge a german unit

havee activist realm, we the big egos, the carl icahn, the bill ackman, who can move markets with a tweakedazy and extreme, but it is what is going on right now. at the same time, we have silicon valley, which is full of themselves. a thing they can do no harm. -- they think they can do no harm. and frankie, you have directors like mark andreessen, who sit on boards everywhere, and you're not sure who is making money. you know they are. we are not sure shareholders are. it is a clash of two big old church. >> what do you think of carl accusations as it relates to mark andreessen? in the last few months, mark andreessen has taken to twitter to talk about how much he likes and supports the point. it going, which could be a real aside, to. gox paypal. >> mt. gox aside, but let's be clear, when you have that many bitcoins is beer overnight, that is a problem. has invested in bitcoin very heavily. saying that mt. gox is just mf global is not very comforting from my perspective. but it goes back to a bigger issue him a which is that mark is still at the center of silicon valley and has its tentac

. >> bill ackman or carl icahn? we are on my television. >> boy, put them in the same boat.pick. they both have great track records. they both have been wrong on some things as well. >> last one, deadliest catch or duck dynasty? >> duck dynasty. >> there you go. >> i like that. i would agree with you on every answer. except i would pick auburn over oklahoma. >> stop. >> thank you very much, it has been a pleasure. >> it is 56 past the hour, that means we are on the markets. take a look at where we are trading. just a half-hour ahead of the opening bell. s&p 500 futures are up. not as much as they were. we are at .2%. >> you know what that means. >> we are on the markets again in 30 minutes. we will see you back here tomorrow. >> this is "in the loop." ♪ this is "in the loop with betty liu." >> welcome back. here is what we are working on. more data out this morning. one day before the friday jobs report. productivity rose more than projected in the fourth quarter. that is helping hold down labor costs. shares of twitter getting pummeled. few were users are logging on and twe