. >>> cablevision led the s&p 500500 winners.t completed the sale of cable systems in four western states to charter communications. they also figure in the industry buzz about possible moves to consolidate table companies. cablevision gaining more than 9.5% on double volume, closing at 18.44. >>> apple has a lot of tech watchers very excited. even to find out more about the company's next big gadget. apple has applied to trademark an i watch in that country, raising hopes that a long rumored smart watch, a wearable computing device may soon be on store shelves. no comment from apple, and no timetable or frame on whether that patent application might be approved. >>> groupon is also trying something new. targeting upscale diners. the online coupon site launched a new service today called groupon reserve. it lets diners book some of the better tables in restaurants in their cities at up to 40%. they hope to eventually expand into high end hotels and spas. >>> groupon isn't the only company aiming for a well healed customer, amazon

that stock, cablevision sup 10% today and another option is privately held cox communication. liberty media might be interested in cablevision or cox if he can't get it. wc reports are. liberty, that is john malone's company, owns 2 #% of a smaller cable operator, charter t would likely merge that with a new property. but time warner cable is the one to watch. it is the nation's second largest operator of local cable systems. it reaches 12 million homes. it has done extraordinarily well since spun off from time warner in early 09. in the last two years the stock is up 40%. now but it may be that in transition for that company because the ceo, glenn britt at time warner cable getting ready to move on, to retire. lately that company has been looking at investing in cable channel content instead of just owning the cable systems that deliver all those shows. for john malone though, a time warner deal would mike a triumphant return to u.s. cable systems. an industry he pioneered. he once reined over that business so mightily, al gore called him the darth vader of the cable industry

cablevision did the same thing and spun off its content assets in the form of amc, and they've become a pure play. comcast went in the other direction and vertically integrated. i still think the balance of the industry has moved more away from vertical integration than toward it. now, there are some regulatory complexities that go along with being vertically integrated. comcast operates under consent decree obligations that last for five years post the 2009 or 2010 closing of the deal. and so it's not entirely clear that right now what that vertical integration can get them. a few years from now when their, when those obligations sunset, it may be that we start to see some more innovative ways to put that vertical integration to work, but right now i think most people are in the wait and see mode. >> host: mr. moffett, are the charters, the coxes, the bright houses, the etc. s ready for a wireless world? are we ready for a wireless world? >> guest: i think it depends what you mean by a wireless world, and there is, there's a lot of fuzziness about the term wireless. when you're using

the real wild card is this man james dolan ceo of cablevision. i love that guy.d for time warner but they may try to buy cablevision. but the dolin could make a deal with those who quit cablevision last year it is a great soap opera and may be why new deal is done at all. cheryl: san francisco residents not proud of the latest number one rating. we will tell you what it is. dennis: what is bugging me? should the union stop vilifying says ceo pay to focusson their workers? answers are coming up next. cheryl: in time for the west coast minute the largest health insurer exiting the individual health care market. that makes united the second company to do so and both companies making the move ahead of change is coming from the affordable care act to change the individual market. they don't like it the shares take a look at the stocks at net is down $0.35. travel and leisure having san francisco the smoggiest city. [laughter] shocking. says recycling and culture and to be live says marty pants residents and high end shopping is foodie and foodie city and know what all

. >> with any other country that decides and build technology aside and cablevision has been a part of that so somehow this applied differently. >> where does the main area come from? >> so in india growing up, it is part of the u.s. in the early '90s. it is part of this area was not what is your background? >> guest: well, in what area? >> host: businesswise. >> guest: engineering and technology the channel changes, utilization, it is very useful for providing purposes. and this was acquired by microsoft in 2008 on the website talks about all the cities that you are in or coming to or going to where it is available. the plan and about 15 cities. >> guest: yes, 22 said they hoped to finish and that is about all. >> host: what about washington dc? >> guest: just come up i believe so. on the moment we focus on education and our goal is to educate people and show them what the capabilities and technologies are. and i think that it is a tremendously positive reaction that we get. and it really brings competition and choice into the marketplace, which is obviously important from the consume

i notice your price is below the price at which cablevision is currently trading.e? >> i don't think so at all. i think all the companies in the stocks are going to continue to work into this wave of cable consolidation. now that you have malone back in the industry, there is going to be a lot of talk on m and a, and i think there will be increased confidence that he can actually consolidate the industry further. so i think the stocks are only going up higher. >> so which do you think have the most likelihood of being combined or merged or acquired or whatever? what combinations are we looking at? >> i think there are a lot of combinations. you could look at a time warner-cable vision, and also dish and dtv. there is a lot of different combinations that can happen. >> which would be first? which would be best? >> i think malone now owns a steak in chart stake in charter, he's going to use that as an acquisition charter. probably the first one to go is charter and time warner cable. >> amy young, appreciate your time today. thank you so much for joining us. >> thank

cablevision did the same and in the form assets of amc.comcast would and the other direction and vertically integrated. of the the balance industry has moved away from vertical integration than toward it. there are some regulatory complexities that go along with being the vertically integrated. warner operates under decrees that last for five years. clear righttirely now what that vertical integration and get them. a few years from now when those obligations are gone, and maybe we start to see more innovative ways to put that vertical integration to work. right now, people are in the way to seek mode. >> are the charters, the bright , ready for a wireless world? are we ready for wellness world? >> it depends on what you mean. there's a lot fuzziness about this term wireless. when you're using your ipad, something like 80% of the time, you are probably using it via wi-fi. that may fill a wireless but from an economics perspective, that is a wired connection. when you think of wireless in the traditional definition, macro cellular has a very

why did he buy into cable, what does that mean for cablevision?huck dolan has an opportunity, maria, to take cablevision at 18.50 a share and put that into time warner cable, cluster up new york, and then have malone with rutledge do something. it's a lot of interesting dynamics -- >> interesting characters. look, i know you're a stock picker. mario, what do you think about the market? we're still waiting on this great rotation, all of the money that came out of bonds -- >> it's happening, maria. we see it now. we see it now with individuals through their intermediaries, the investor/advisor is saying, listen, the bond is 2.60, going to 3, 3.25, and at some point, the t-bill -- the 30-day goes up, so we've got to move you into equities, start off with a baby step like training wheels and utilities, and that's how to run. but they'll do other things over time. and not only that, why did warren buffett buy heinz? he bought it in part because he wants a cash-generating business that will be inflation indexed and he can maintain the multiple on his ex

have been reports comcast is now doing trials in multiple markets and intends to roll that out, cablevision has rolled out a network dvr. they're no different. they're exactly the same technologies. so somehow the law should apply differently to them and not to us? it just doesn't seem fair. >> host: where did the name aereo come from? >> guest: so in india growing up -- i'm from india originally, and i immigrate today the u.s. in the early '90s. antennas are called aereos. it goes back to the old short wave radio. and as i was searching for a name, i thought the idea of combining aereo with a video and making aereo sounded cool. >> host: what's your background? >> guest: in which way, do you mean? >> host: business wise, technology wise. >> guest: i'm an engineer by training. and in late '99, early 2000 i started a company which was called navik which pioneered how to collect viewership information from cable boxes. so we used to work with all the major cable companies, processed millions and millions of channel changes, utilization and the information was very useful for a variety of purp

cablevision is up. best buy gaining. 8 1/2% gain for best buy.ing a monster day also, up 9 1/2%. ♪ ashley: just under 90 minutes until the close on this monday, the holiday weekend. the state collected the dow 30. a lot of green on the screen, as you can see. being led by united technology, american express, p&g is in the green three on the other side, we have at&t, home depot's and intel, like this today. overall a pretty good day for the market. nicole petallides is at the new york stock exchange with the latest. >> reporter: thanks. taking a look catamarca's. lots of green on the screen. also watching key levels in the s&p 500. traders, keep a close eye on the 50 day moving average. we'll take tough the new month, new court. here, as well. right now you have seen we have come off of eyes. we talk about what we saw earlier. it puts the s&p up to the 50 day moving average. the bulls up there would like to @%osed. that does that seem to be doing that much. 1623 to 1626. also, new rules, the ipo we tossed about -- talked about last week. it was pr

the other target is cablevision but it's a likely target but it's up to the dolan family since they control the votes of whether or not they have interested. there's been quite a bit of additional activity globally in the cable sector. you have vodafone bid for deutchland and liberty bought a cable company in europe. verizon and vodafone. >> you worry about deals closing in a post-at&t/t-mobile world. >> when you have corporate strategic deals they are always well financed and that's an important part of the analysis. there's not much regulatory risk >> >> a couple questions to me on john paulson deand in. after subprime he could have retired as a result legend. why didn't you -- did you ever sorry carousely consider going out on top like that? >> no. first of all, we like, you know, making money obviously but we obviously like not necessarying motion. in 20 years we had two down years and 1998 and 2011 been profitable every year. mostly little gains that add up to significant gains over time. it's hard to get wealthy. it's a long-term process. i also say if you start at t$1 t the end you h

reran we ran a screen and cablevision, gannett and time warner cable, boom, boom, boom, what gives?ard & poor's, my question to you is this, what gives? >> what gives, that's a great question. i think you're seeing a renaissance of a lot of media companies. what we've been calling for is another wave of consolidation in the cable and broadcast landscape and all of those three companies that you pointed to are actually i think benefiting from either deals already announced or potential expectation they may be involved in some potentially transmissional deals. >> why all the deals, especially on the local side? some suggesting it may be a play on the 2014 and 2016 elections because you go after markets where there's a lot of political revenue in. >> that's been the thesis but over the past couple of years broadcasters are now doubling down, and diversifying their traditional advertising revenues and starting to generate very significant revenues on retransmission and at the same time you're seeing newspaper publishers like gannett and tribune. >> gannett and trib up, which are primari

well, also today sunshine's stock is cablevision up over 9% today.le tv players driving those gains and looking good there at 1836 and speaking of sunshine, why don't we check back on jane's eggs? oh, okay. not really done yet. it is hot out there. 117 degrees. record breaking heat, but our eggs are not done yet. mine was earned in djibouti, africa. 2004. vietnam in 1972. [ all ] fort benning, georgia in 1999. [ male announcer ] usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection and because usaa's commitment to serve military members, veterans, and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> o canada, 146 years ago, the maple syrup nation was born, so in that vain why don't we take a look at how some u.s. trading canadian companies have performed so far year to date. of course, blackberry is one that we follow a lot here on cnbc. it is down about 14% year to date. potash down 7%. lululemon down 14% and b

. >> when they look at cablevision and are they ready to sell? >> julia, thank you. interesting story that we'll keep watching. >> absolutely. thanks, julia. >> i don't know if you saw this op ed, charles schwab, founder of the brokerage firm baring his name has an op ed in the journal about why they believe individual investors are leaving stocks. high frequency traders gaming the system and glitches and errors like the flash crash and policy uncertainty are giving investors cold feet. their solution? make it easier for employers to offer savings plans to employees and encourage market-based innovation and educate america's workers on how to maximize retirement plans and fascinating piece from a man, who may be no better source on why retail america is afraid. >> couldn't agree more. why individual investors are fleeing stocks. why? because this man is not afraid of the industry. this is a ground breaking piece because what he's saying is listen, you have to pair back the high frequencies. >> you and i have talked about this and david talked abo

they may try to buy cablevision. maybe no deal gets done here at all. lori: i need a chart. we have some news on disney. it goes to paramount. it will acquire the rights. disney kind of locking up that franchise. it paid 115 million for two films. i am sure it is a good deal for disney. ashley: there you go. thank you, dennis. oceans 11, 12, 13, 14, 15. what about a link to city three? all of this while they were in the middle of celebrating their tenth anniversary last night. three men fled the store on foot. $500,000 worth of jewelry and a smash grab. lori: quite a loss. ashley: they got away with it at least for now. lori: "countdown to the closing bell" is next. coinstar gets a new name. the plans to take on netflix and amazon prime. ♪ ♪ liz: hosting the strongest numbers since 2007. we will look at the leaders of the pack. out with coinstar and in with -- the company gets a new name and buys a company that allows you to exchange your old phones and computers for cash. this man once turned down a $6 billion buyout offer. now he is out of a job and h

we have other companies, google, the top three guys, and cablevision, but this guy has to take his own that. tries to do a good thing but it backfires. >> that is one of the things that is a risk to carl icahn because it is voted down he needs 50% of the total spending shares in order to get his board of directors nominated and michael del can take his 16% in swing it against anything carl icahn decides to try to enact. there is a little more of a down side. dennis: when it comes to the carl icahn proposal he will go ahead and vote those shares. he owns them. thanks for being with us, good day. cheryl: let's go to the floor of the stock exchange. the date for the market, numbers look like we are backing off of session highs for the dow but do you feel this is more about ben bernanke's testimony or more earnings focused today? >> happy birthday. i think it is based on earnings. we are hearing the same thing over and over again and what we heard yesterday was something we heard for the last few months so i will say this is more about earnings than anything else. cheryl: any particular se

. >> cablevision. >> time warn or cable. [laughter] >> many i have fios. but i've probably had everyone at one point or another. let's pretend thatne wrong? [laughter] what could they be doing better? just us. just us girls. [laughter] >> hossein brought up a good point. this isn't applying to everyone who isn't listening to us, but some of the people who aren't listening to us can move a lot faster, you know? and that applies whether you're a technology company or especially a media company. we're a media company, but with we use technology principles to innovate and it rate. there's a med of building things called agile which means you're always releasing things, and if you make mistakes, you go back and it rate them quickly, and you can't be afraid to disrupt anyone, especially yourselves. and you have to listen to users, you know, create aeedbk ocy data coming in based on what you put out and really listen and act on that data. and that applies to, as i said, you know, obviously on the technology side, but even on the media side as well when you're cov

what we have done is through the franchise agreements that we have at time warner, cablevision and verizons ago about $42 million of that, broadband technology opportunity program we've rolled out five into almost 100 public places where we have installed fiber plus computer centers and education. there has been a lot of proliferation of fiber and they're going to continue to do that through the public/private partnership, through our franchise agreement with cable providers. they are also adding more capacity. those things are going to continue to happen. as you may know, we can't and shouldn't be using taxpayers' money to introduce more fiber to the city. >> a lot of viewers out west trying to decide whether to base in the valley or new york are listening closely. thank you for coming in. >> thank you. >> appreciate it. >> all right. want to move on to another big story this morning. hedge fund perry capital suing treasury over fannie mae and freddie mac saying the agent sps third amendment to its preferred stock amendment troys value in the privately held securities. joining us one of t

just shy of a record high for comcast, cablevision, charter, disney all to the upside.hat? it's been a great month. i'm talking about a broad rally overall. health care, materials, industrials, financials, and consumer discretionary. if you want a rally, it doesn't get any better than those kinds of numbers. guys, back to you. >> i'm just hearing from one of our producers, the s&p down five times this month, bob. that is the fewest since december of 2010. unbelievable. what a month. >> and we had a big sideways move throughout the middle of the month. >> thanks a lot, bob pisani. >>> introducing the ford f-150 powered entirely by natural gas, but how popular will a nat gas truck be with consumers? we'll find out after this break. the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commission

. >> cablevision. >> time warner cable. >> i have fiber-optic.ave probably had one or another at different times. what are they doing wrong -- let's pretend none of these people are here. what are they doing wrong? [laughter] this does not apply to everyone who is not listening to us, but some of the people not listening to us can move a lot faster. that applies whether you're a technology company, but especially in media company. we use technology that its that is able to be printed>> we use technology printable specifically in technology, there's a method of agile. alwayseans you're releasing things. you can't be afraid to disrupt anyone especially yourselves. you have to listen users create a feedback cycle of data coming in based on what you put out and listen and act on that data. that applies on the technology side and even on the media side when you're putting out new programming for a consumer how quickly are you moving. get out of the cycle waiting for the fall release schedule >> i agree. in a world where there's new technologies and ex

. >> cablevision. >> time warner cable. >> i have fios.nd that none of these people are here, except us. what are they doing wrong? what could they be doing better? [laughter] >> some of the people can do it a lot faster. a technologyre company or a media company. we are a media company, but we use technology principles to innovate and iterate. there is a method of building means called agile, which you are moving quickly and if you make mistakes, you go back. you can be afraid to disrupt anyone, especially yourselves. you have to listen to users, create a feedback cycle of data coming in based on what you put out and listen and act on that data. -- that applies to the media side as well when you are covering an event or putting out new programming, how quickly are you moving? get out of the cycle of waiting for the fall release schedule. looks i agree with that. -- >> i agree with that. in a world where there are are so many new disruptive technologies, there are opportunities to try them. see what sticks. that goes in tandem with the and