cablevision down 5%, talk about what went off, turns out the costs are significant for a name like cablevisiong customers of hurricane sandy have to call in and get rebates. sandy will be worse than irene for cablevision. substantially larger impact from hurricane sandy, $16 million impact it saw from hurricane irene. that is what we are looking at. significant costs could be related. that is the chief financial officer coming off and talking today. take a look, dow jones industrials doing quite well at 1.1%, 150 points for the dow. connell: ron paul is coming on to talk about today's election. is never boring. ron paul coming up next. dagen: easy to find winners across the market. take a look. dagen: we have been arguing all morning off the air about the right to vote and the need to exercise it and those folks in new hampshire, small town which opened its polls shortly after midnight every election day since 1960, votes, each for president obama. and mitt romney. the tied this year is the first in vix ville, the town voted for president obama in 2008, first time a democrat won in 40 years. j

cablevision says the financial impact from the hurricane homes that were lost for cablevision customers will be an impact on earnings 2013. we have jack logo. you have told us the commodities and dividends did not get you hyped up. the is that ring true? did you miss out? >> i am a consummate long-term investor also the asset allocator heavily invested in bonds, municipal bonds and my personal account and index funds with my a pension account my largest single assets. i don't worry about unlike short-term fluctuations with dividends of very simple view they are the ultimate the speculation because stocks the returns are supported by dividend yields and earnings growth and the bond is protected by the interest coupon. there is no internal rate of return. you speculate hoping to sell 100% more. there is no underlying investment value. they may be fun to play with , some people will win. but i feel most people don't up the wrong time. liz: with the dividend i meant people where buying it -- going to the high stocks without looking at the fundamentals. >> be very careful with high yields st

liz: we're seeing for example, cablevision got hit on its stock because cablevision says with housesost they lost customers. it will affect some companies. >> absolutely. but i think christmas will be good. i'm, looking, forward to that. retailers have hired a lot of temporary employees. they're looking for a good christmas. consumers will be spending at christmas. david: let's consider for a moment the fact that you're wrong, at least in your projection in that romney wins the election. he has already spoken out about coal stocks. that in fact he would not sort of beat up on the coal stocks and other fossil fuels the way the obama administration has. >> right. david: would that be a place, i know you don't pick stocks, if you're looking at sectors would you focus on fossil fuels? >> i think, there are just a few coal stocks and they don't amount too much in terms terms total capitalization. if romney is reelected defense stocks will do well. if obama is reelected may not do as well. david: energy -- >> energy will do bert under romney than under obama. liz: look at defense stocks yo

they saw some of this shifting but dimitri what's really interesting about this is used to work at cablevision where you never thought people were going to give up their t.v.'s right yeah that was actually interesting because i was part of a part of a group with product of a little support of trying to show it was well it was small but we were focused on cable were looking towards the future and i went in there thinking ok cable to be dead in a few you know five ten years whatever but i was surprised to see how resilient wasn't people really were fixated on their cable box when we do focus groups people are obsessed it's like a drugs on the one hand this is great because we're fighting addiction in the united states so who are breaking their addiction with t.v. it's a pacifier medication and it's also interesting that what's happening is that the budget side the the the the money side is what's driving people to cut the cord there's not so much that they don't want anymore they can't afford it it's the economy is it your it's forcing them to part with eventually they were going to cut their el

. >> if you lost power during sand sandy comcast time warner and cox communications are joining cablevisionomers who lost service. so far verizon's fios and direct of it have adopted similar policies but in some you have to call and ask for the credit. a site has broken down the best airports to be stranded in. dallas-fort worth tops the list followed by pittsburgh. the worst is dulles followed by atlanta and j.f.k. in new york based on cleanliness, amachinities, selection of food and shopping. you may not have had to deal with the long gas leans but the one in new york or new jersey, prices are falling. a little bit of a breather there. triple a says in the d.c. area regular unleaded averaging dauer 3.67 down six cents from last week and off 18 cents from a month ago. back to you. >> it is 5:53 and let's check with jamie on the traffic. >> metrorail a little better news they had a broken piece of equipment on the track and were able to remove it. expect residual delays in the direction of stadium armory. news chopper 7 over the baltimore warbtshington beltway coming up to a crash. everybod

they are joining cablevision in offering credits to customers who lost service. directv and verizon have adopted similar policies but you'll have to contact them and identify the time during which you did not have access to their services. a number of banks are waiving fees in places hit hard by the super storm. chase and citibank are not charging late fees. in maryland and the washington d.c. area, joining wells fargo. most will look the other way on charges incurred. that would be tricky in the earlier policy which had customers visiting the branch. that deal will run through the end of business on wednesday. a lot of people are assuming gas prices would go up. but the average price at the pump in the baltimore area was down 5 cents a gallon from one week ago. most drivers paying $3.47 compared to $3.50 nationally. while the extreme weather is impacting the refineries in the northeast, refineries elsewhere are doing just fine. prices are expected to drop to $3.35 a gallon by thanksgiving. when it comes to getting a great deal, it looks like november is the best

. >> cablevision downgraded. >> goldman sachs downgraded to a sell. don't see that much from neutral. the target cut to 11 from 15. this was upgraded october 22nd. >> one of the hottest stocks this year cooling down. vri vringo. >> revenue was a record. they filed a lawsuit in germany over allegations patents were infringed. this is really a patent play, by the way. one of those names, it runs or dies on the headlines. >>> well, how can you protect yourself in these uncertain times? right? there is a lot of uncertainty. let's talk to chuck -- or rather to bernie. bernie clark, executive vice president and head of schwab advisors services. bernie, lot of questions out there about tax rates, the fiscal cliff. give our viewers one reason why they should even bother to own stocks right now. >> well, brian, it's exciting. i'm here at impact 2013 which is the epicenter of registered investment advisors. we've got 4,000 attendees and the largest gathering of advisors that happens each year for the last 21 years. i will tell you, there is certainly concern in

cablevision faces 250-million-dollar lawsuit claims the company continue to bill more than a million who lost internet television or phone service and refused to offer any rebates. molly line on new york staten island very hard hit. at least people there are helping each other out, it looks like. >> absolutely. we're in a neighborhood distribution center. this was set up by a catering company. ariannas planned to open a third business here. their third center and instead they turned this area into a distribution center for all the people in the neighborhood that got washed out there. are a lot of people here that are just coming back to their homes. they are beginning to tear out everything inside. their bridge is gone. their kitchen is gone but they can come here and get a couple of things to get them going while they are working to get back on their feet. there is also a lot of gratitude for what's happening here. take a listen. >> anything you need, it's wonderful. they have got food. they have got clothing. but most of all they have such hearts and a lot of love. >> this is staff

as well as cablevision and genworth which is an insurance name. so roughly pretty big grab bag for laggards today. research in motion getting a big pop today on heavy volume for that stock, up 14% in a sustained rally. that's a big move for r.i.m. we're finally getting a date for the blackberry rollout, january 30th. analysts like that move as well as investors. >> we'll see if that works out. >> blackberry 10 is make or break for this stock. >> our internal market guru here at cnbc tells me that with today's rally, the markets are now back -- they've erased all of the losses we saw in the u.s. markets after the election on november 6th. we're back to -- >> we have a crack data team, don't we? we ask, they perform. thank you very much. >>> from california to florida, walmart workers have been staging protests at various locations across the country. but, is that keeping shoppers away? we'll go live to a walmart store in maryland for the latest action on that. >>> plus, we'll tell you six ways to find the best deals out there. all it takes is your

cablevision systems, one of your losers. down almost 2%. we will be right back. tracy: we are waiting. 30 past the hour, let's get a check of the market with nicole the floor with the market holding on. nicole: just seeing the trends that we are seeing right now. not sure to make people expected a day where the market are up 1.5% for the s&p 500. there are people waiting for the pullback to buy. did they miss it, what is it? >> they probably did miss it in the short term. the market in the temperamental nature is reacting positively. we have had the market oversold for a very long time now, seen a spate of good news you get will rally further. nicole: what are you referring to in particular? >> it is all just headlines right now, but at least the politicians are looking like they are playing nice in the sandbox for now. the housing numbers continue to improve. if you look at the chart of the housing indexes and economic growth, maybe we will get some more substantial growth inside of our own economy. nicole: that actually sound cautiously bullish. what do you thi

we're there for 20 years, televisa has been a great partner, they carry our 13 channels on their cablevision sky platform, directv, and they work with the programmers there to try and create a win/win and mexico is one of our best markets. >> emilio, real quick, david is on the board of univision. you have a stake in univision. will they make money on that deal eventually? >> i definitely believe that univision can be a great business. we started univision back in the '60s. since then we have believed that the spanish speaking market in the u.s. is a very important market and now you see the numbers that they have, when you see a population of more than 55 and growing at the rate it's growing, i believe there's an important room for univision to make business and obviously you see the numbers it's making, so i definitely believe that it's a deal that is going to be a good deal for all the partners. we have coming in the last couple of years and the way we have worked in creating new content and producing new content and finding ways with management to see we take up sales better, i believe t

network and the company trading at an all-time high and this after its spin-off late last year from cablevision to you. >> mary, you may feel like the walking dead and you always look like "america's next top model." carl, you know just what to say. >> rick santelly is with the santelli exchange. good morning, rick. >> good morning, carl. we never down here have any idea what gary will talk about, but i always smile like i am right now when what he says will play well into the topics i'm going to get into momentarily. how low can interest rates go? you know, when i was on the panel during election night until 2:00 a.m. and you were there as well, carl, was there a couple of off-camera discussions about supply siders and the demand side of the equation. many think that it's not paid attention to enough that the problem with the economy isn't what supply siders can fix. it's a demand problem, so gary, my hat's off to you because that is one of the unintended consequences of why consumer demand is low. it's still really at the epicenter of political, a political issue and it's a fiscal responsibil