could it be carl?cerned. >> i was quiet the rest of the night, just dissecting how could that be? how could somebody do something like that? >> cindy had thought no one would believe her, but now private investigator steve brown did. he set out to examine phone records and insurance policies, but he also wanted to meet carl carlson, so he and cindy came up with a plan. but it would require her to take a big risk. >>> coming up. >> i had actually watched an episode of "dateline", and i like had this revelation. >> could "dateline" somehow help in this case? exactly what was she planning? [ male announcer ] it's surprising what your mouth goes through in a day. but what's even more surprising is that brushing alone isn't enough to keep it clean. fortunately, you've got listerine®. unlike brushing which misses 75% of your mouth, listerine® cleans virtually your entire mouth. so what are you waiting for? it's time to take your mouth to a whole new level of health. listerine®... power to your mouth™. and ta

and i just found out as well, carl, that carl icahn is going to be calling in as well, at like 12:45 as well. >> hello. >> there's a lot of back and forth between e-bay and him today too, so we got chock full of everything today. you have a great rest of the day. >> see you later. >>> welcome to the halftime show. also let you know that edward snowden is going to be giving his first interview to an audience at the south by southwest festival via video conference from russia. we'll bring you the latest headlines and news as they develop and you can watch the interview in its entirety on our website, that of course is cnbc.com. so check that out. stay tuned to us. find out exactly what's in our game plan today. bottoms up, five years since the market low, what will work and what won't over the next half-decade? delivering alpha, o mega's leon cooperman has been one of wall street's best stock pickers. he's joining us today. we're hitting the bayou with jim cramer who talks energy and a whole lot more live from the gulf. let's meet pete, anthony, josh and wies are with us today. also jo

but carl, listen do this, carl. the tail of the tape is this. companies accumulated massive amounts of cash. carl came forward and said, you know what, you can't sit on that cash. you've got to do something with it or give it back to me. in fact, you have so much you could borrow money and buy back shares. larry's coming forward around saying, you know what, that whole process has gone a little bit far. there's an alternative to buy backs and dividends and that's a growth strategy. larry makes an excellent point that ultimately it is better for the economy if you have some of these growth strategies out there at some of the r&d. they're both blank or get off the pot when the argument about what the blank is. should it be buy backs but do something with the cash. >> carl would make the argument that, yeah, you smould do something with the cash as long as you can trust the people who are doing with the cash what they're going to do with the cash. let me read you what he said. we'll put up the full strength. it's lengthy. we'll get through it and t

carl icahn. >>> welcome back.can see, behind us on the wall, plenty of red on the street today. in fact, nasdaq's getting hit worst of all here. so it's a nasty backdrop we have to do final trades in. let's do that now. >> i don't want to turn around and look. don't tell me. there you go. thank you. power shares, db agriculture, these are commodities themselves, packaged in etf, up 15% year-to-date. new bull market. >> i like csx. the stock hit because of weather, numbers coming down. bad news is out, i expect a pop in the spring. >> pete. >> love the financials, specifically today the way jpmorgan's trading throughout a negative session. i think plenty of upside in the big name. >> the nasdaq sit agent 4200, a dangerous day on the street. what do you look for for the rest of the trading day, before "power lunch" picks up the ball. >> talking on the break, now the dow has succumbed and you're seeing nontechs join the sell-off, not something apparent this morning. the way things close broadly, not just within techs

charlie: you may not agree with carl, you may agree with the other side. is so bad that-- melissa: do you agree with that? >> it is a cult. they are all in it together. melissa: thanks to both of you. that is all we have for you, i hope you are making money today. we will see you tomorrow at 2:00 p.m. for now, "countdown to the closing bell" with cheryl casone today starts right now. cheryl: renting out heavy equipment is big business and united rentals is winning in the $38 billion industry. the stock up 150% in eight months. the ceo here in a fox business exclusive to tell us about the shale boom. home prices marching up, is now the time to invest in housing properties? even if you don't live there. a real estate gurus as investors have turned housing into bonds only with better returns. and google goes high fashioned. wait until you hear whose logo you will be seeing on google glass. a strong hint. and the partnership likely to be anything but risky business.

hi, kir. >> hey, carl.en at one point a life raft, an oil spill. but on closer inspection officials have come into this very crowded room full of journalists and had to say, look, we've looked closely and it is not the aircraft. hate to say we are still mystified. now tonight here because it is almost midnight here now, they are talking about several large fragments spotted off of vietnam. and they say that they are going to look at what those might be. but at the same time they say that those might well be just the kind of leftovers of fishermen working in that area. so complete mystery as to what happened to this plane as a coalition of countries scour the ocean, ships and aircraft from around the world are gathering here to try to carefully, if you like, search through the ocean to see where exactly this plane may have gone down, if it did. because it simply has vanished. carl. >> this gives you a sense as to how large that search zone must be for those rescuers and nrvegt investigators. keir, thank you

>> i don't like carl icahn in general. this guy is a pie rate and mercenary by any other name means the same. i love how the media portrayed this guy as uncle carl. >> i made that up. i made that up. melissa: media. we're always to blame. >> make it like brand x at cnbc. melissa: i'm not familiar with that company. go ahead, lee. >> here is what i think investors have to remember. whatever carl icahn is doing the same thing he did as corporate raider before he became shareholder activist. he is going in there to push around ceos to do things for short-term profit. that doesn't help investors long term. also media gives perception whatever uncle carl is doing we should doing that with our retirement funds. >> i wish you would stop saying media. melissa: go ahead, charlie. >> i want credit for that. i should have trademarked that. i should have trademarked comrade bill de blasio. what is good about this, i came up with that one too. what i think is fascinating about carl icahn on this, he does do a public service. he tells u

why would carl make this move now?three more seats does he have much more control over the company? and why would they be willing to give it to him? is he essentially their knight in shining armor at this point? he has come out in defense of the company very strongly. he has taken the largest position the company, almost 17%. board,has people on the on the one hand the company has to be very careful in how it responds to these allegations. they need to make sure they keep their eye on the ball. he will now have more seats to do that. and of course, the company has to figure out exactly how to --pond to those who in the who launched the investigation. for a while people were wondering if carl icahn was going to try to take the company public. >> or private. you just take it out, and then call it a day. >> writes. >> do you think there is a possibility of that? that was the first thing that i would have thought this morning, when he did those three seats that he was closer to doing that. or is there something else going

you know, look -- >> you were siding with carl? >> i am siding with carl.ooking at this in many different ways and i keep coming back to the idea that ebay is in a fight for its life with the amazon web services competitor, okay. ebay is -- traditionally has been saying, listen, korea's a problem, germany's a problem. ebay has to fix its problems and maybe if they were focused on ebay and not growing out paypal, ebay would do better. mr. done know he, i think his analysis that they should stay together may be anti-growth. versus what i think that they could get from these two different divisions. >> interesting. he has been, you know, the andreessen integrity question that you mention, they almost haven't dignified with a response at least not early on. the issue of the split they say they studied upside down, sideways, seven ways to sunday and they've been saying that consistently for weeks. >> you get this situation -- and eight want to analogize versus nelson peltz, they've done a lot of work and say, listen, the two companies do better together and yet

carl icahn gets more seats, bill ackman about to break even. man who isthe building a $1 billion empire out of vice media. , a fender bender to find out how the classic guitars are made by hand right here in america. let's kick it off with what everyone is talking about today. the search for malaysian air flight 370. it has been just over two weeks since the plane disappeared after taking off from kuala lumpur. multiple countries have searched the waters of the southeast by boat, plane, and by satellite. investigators have analyzed mountains of data. at most, there has been only speculation as to what happened. today, we heard from the malaysian prime minister on the latest analysis of data from a british satellite provider. here it is, in the raw. , weased on the new analysis flewconcluded that mh370 corridor anduthern that its last position was in the middle of the indian ocean, west of perth. is a remote location. possible landing place. it is therefore with deep sadness and regret that i must according toat mh370ew data, flight ended in the

>> you want the good news carl?ces sector report here goes along with the weak adp report so i'll get to that in just a second. but i went back to look at the last time we had an employment component in ism that was this low and i go back to may 2013. and in that same month we did 222,000 on jobs so a little bit hard to know how much to take from it. but it's clear that's weakness in the service sector as a result of this number. this number's very steady. it's the service sector of the economy. manufacturing goes up and down with the weather, with demand and inven other and service sector is haircuts and lawyers and all sorts of stuff like that doctors' appointments, it's not that volatile when it goes down it's something to take note of but maybe it's also a weather aberration i think what we're hearing. that's what we saw this morning in the adp report according to mark zandi that puts together the report for the company, the total 139,000 against an estimate of 160,000 that's light relative to the estimate and j

carl icahn announces stuff on twitter., he's going to turn to facebook to start disclosing some of that information as well, in addition to his website. so, in essence, the bottom line, guys, carl icahn wants you to follow him on twitter, like him on facebook and logon to his website. >> are you guys connected on li linkedin? >> no. >> are you going to write on his wall? are you going to poke him? all right, dom chu, thank you, what do you make all of these disclosures? >> nobody has used the media, social media better than carl. the media, us included. carl wants to break news, he comes on here and he tells what he's already done, and then the stock reacts to it. it's the same with social media. >> tim, you had this look like when mentioned media. he takes advantage of the media. >> i tell you what, i think carl's strategy with apple, people have been frustrated with, and essentially, he's broken out social media. i don't think this is -- it's an early days. i think people are more vulnerable about how they're getting inf

carl used strategy to finish in the top five.together, so they can't be too pleased with their result today. looking toward to bristol, though, i bet. >> kyle larson, 19th. saw kyle busch and he flirted in the lead throughout the day. danica patrick, tough day for kurt busch, brother of kyle busch, the las vegas native. >> yeah, when you play a home game, you want to finish better than 26th. that wasn't the case today. didn't run well at all today, neither did tony stewart. tony back in the 33rd spot, guy that's won here before. a lot of head scratching going on there. >> ten leaders, 21 lead changes. we talked about the average record speed for the las vegas motor speedway, four cautions and it was wreck free. we did not have any crashes in today's race won by brad keselowski. time now for toyota let's go places, and let's look ahead from las vegas in a mile and a half to the short track of bristol motor speedway. brad keselowski has won there twice. >> talked about the toyotas trying to get their stuff together when they get to

carl is, may, may -- we'll see what happens. we have calls into mr.cahn, he has not called me back, but may take an activist role in protecting the company, is something i heard. liz: and his investment. >> and his investment, but the company itself. he believes this is still long term a good company, you know? whatever's going on now. and i can tell you that, you know, we are trying to get carl on to talk about this, you know, hopefully we'll see what happens on monday. he has not returned our calls today, but from what i understand from inside the company it's all about him possibly being a sort of force, a public relations force to a certain extent. liz: let me clarify, would he sit on the board, or would he nominate people. >> >> it's a good question, i don't know. i've got to talk to him to get that type of detail. all we know is he's going to be part of this effort to attack what's going on right now from ackman and from the government and possibly the state attorney generals. that's why he's going on the board. so that's what we know right now.

hi, rick. >> hi, carl.er where stocks would do well but not terrific, i guess 175 would be it. as far as treasuries, you know, they're doing about what one would expect, they are keeping one eye on the stock market and i think the other eye on the dollar/yen. the intraday chart, the high watermark was a whisker shy, we haven't closed in that region in 6 1/2 weeks. let's go back to the relationship between the dollar/yen and ten-year note yields because they really popped yesterday which in my opinion talking to traders was one of the reasons they wanted to go on this much flatter versus a little bit long and you are right. whether you look at a comparison chart on a monthly basis or year to date basis, it's obvious how tightly controlled and correlated these two charts are when you put them on the same axis. now, if we switch gears a bit, there's a lot of talk about how great higher interest rates are for the banks and, of course, we're ignoring, of course, the trading profits at the banks that just aren't

carl icahn's company is the biggest shareholder in herbalife.another interesting point is that bill ackman's investment, his short position, is close to breaking even. >> i did not know this. >> a bloomberg exclusive. >> rendon greely -- brendan greeley, this story have a life of its own. >> i don't understand the obsession. it is just a ponzi scheme. >> not going to carl icahn. >> what did i just do? >> an exclusive from brendan greeley. back on herbalife as well. never ending story. >> let's get to the rest of our company news. one of jpmorgan's top bankers in asia leaving the firm. he will resign as ceo but -- of investment banking as jpmorgan is investigated by the u.s. for its hiring practices in asia, looking at whether the firm employed people in the region to win government business. nokia and microsoft deal delay. nokia said the sale of its mobile phone division ii microsoft will not close until april. the companies predict that the $7.5 billion deal would be completed by the end of this month but talks with regulators in asia have drag

carle's favorite work is not in the walls. it's in the men's room.tifically proven to reduce spillage by 80%. with watching at home trust me this is a legacy. >> they can do it. until then the highest complement, i can do that too. >> sitting in here is for actually kids to make art? >> to make pictures. >> to make pictures. why the distinction? >> big distinction. kids don't do art. they do pictures. when people asked me what i would do when i grow up i would say i'll do pictures for people. i don't do art. >> okay now. >> reporter: of course, the thousands who visit this museum and the millions raised on eric carle's books are likely to disagree. >> very nice. >> what a humble man. so humble. >> i love that he says he doesn't make art, he just makes pictures. i have to tell you that mosquito in the bathroom that really is an amazing legacy. >> i was going to say, i know you tried it. >> but i love how you phrased it, though. >> and it gave me the collage. >> oh. is it framed already? >> i'm in the process of framing it. yeah -- i just helped a litt

we should also say carl likes the way management is running the company. he just does not think that they were strong enough and aggressive enough, they will be more aggressive apparently that is what this is all intended. three new board members will be more aggressive and attacking his claims. we should also point out carl icahn according to these same sources will still push for a more robust buyback buying back shares. we should also point out he thinks shares in the long-term are going to be okay. he is still a long-term investor, but here is the key if you are an investor out there, from carl himself telling people he really believes there will be a lot of volatility in the stock, you could see this thing go up as it is today, down tomorrow based on a lot of factors including the fact, including the very real possibility according to icahn that herbalife will be investigated by state ags with probes and top of the ftc. that is at play right now. i guarantee this, you do not get from the other network showing you what really reporting does. adam: he s

carl icahn embolden, what is the stock in? nicole: carl icahn again making his point.ried to counter those points and give his own view. ev down 1.4%. you have carl icahn, who now says he discovered indisputable evidence they did to his handling of ebay 2009 skype the deal. they sold it off and he thinks it should have been held onto and cleared up earlier. they sold it off for $2.25 billion. he then turned it around, got rid of some issues with litigation, able to sell it off to microsoft, $4 billion. up to $8.5 billion. when carl icahn is saying is listen, john donohoe, you ripped off ebay shareholders. so what you are seeing is carl icahn is not happy with john donohoe and his performance, not happy with certain board membe members, you know he has been very loud about spinning off paypal, which brings in 20% of revenue. in the meantime ebay, many shareholders have been fighting back saying carl icahn is not on point. all the gentleme gentleman mente great for ebay. this is a soap opera battle and you have a lot of shareholders frustrated with all of this back and f

stepping up against carl icahn. with carl icahn's former foes. how does this impact the fate of paypal? i want to bring in bill george, a professor at harvard business school. he joins us from minneapolis. it sounds like you are sort of bringing together a carl icahn support group. is very tenacious. i think he is barking up the wrong alley. ebay is one of the great performers on the stock exchange, up 465%. it has a great strategy thanks to john donahoe restructuring. i think carl icahn is going the wrong way. i wish he would go back to revitalizing more companies that need help. >> why do you say carl is going the wrong way? >> well, ebay has proven that paypal and their marketplace work well together, give them a great platform. if i were on that board, i would be saying the opposite. look at the way google and facebook are moving here and what can we do to broaden our platform to be more successful? we do not want to be like nokia or blackberry within narrow platform. we need to make it more mobile and make it a

[applause]. >> i asked carl the other day, i said write a few notes down about how you would tell me to introduce chad and i was getting him prepped for him to come in. if you all would introduce your son, and be brief. >> i'll be brief, because i'm the mother so i'm the one who is trying to keep him focused and trying to keep him balanced, but carl is the one who keeps up with all his academic achievements, and i'm going to turn it over to carl for him to give you an introduction to our son, chad williams. [applause] >> i was not expecting to give any remarks and certainly was not expected to introduce to you the pride and joy of our family , but also i would like acknowledge that chad williams, our son, is a product of san francisco public schools. he went to, and attended and graduated with honors at phillip and saddle burton high school. [applause] one of the things that attracted us to getting him enrolled in phillip and saddle burton was the commitment that they had that every student at phillip and saddle burton was college material. chad has graduated, he went to ucla where h

the tactics of carl icahn are ridiculous. you could rebrand the company.d help clarify the employees of their priorities. >> they have done that at some of the buildings already. >> they have completely dropped the ebay name and that would help a lot to start stop you could do that tomorrow. then conduct the analysis of what are the economics and return on capital and how does it help with recruiting? >> what do you think of the tactics so far? ebay is fighting back and it has gotten nasty. >> i think the tactics are ridiculous but i also wonder why ebay is spending so much time and effort responding. it's like the shakespeare line, "the lady doth protest too much." ebay has performed well. john has grown the company well. the market reflects that. it would be difficult for him to get any real traction, so i would put it off on the side. >> there is the argument that an ebay free and alone out in the world could be gobbled up by google or paypal could damage ebay. >> my response to that is so what? if that's what the world wants, the shareholders are drivi

by the way, you mentioned forest labs, carl. there was a bit of a debate. you were trying to get some of your nominees on the board. there were some other people saying that they had a conflict. this was a statement that was put out at the time from you and your team. potential conflicts of interest -- and this may apply to marc now. potential conflicts of interest are by no means rare and seem to be especially frequent among technology companies and biotech companies. each of these fields seems to be intensely technical by nature. and as a result of all of that, you know, corporations involved in those areas often find it is useful to have a board of directors with significant experience in those areas which means that at least minor conflicts of interest often arise. so, you know, there's the argument obviously that paypal should be separated from ebay. there's a separate argument that somehow the board is corrupt because the people on the board are involved in the industries. is that an unfair charge? >> you know, my nominees

so unknown to me, the admissions office at cornell forwarded my application to carl sagan for him to. and he then sent me a personal letter, there it was, carl-- he had already been on the tonight show, best selling books, already famousment and he invited me to cornell to help me decide whether i would choose cornell for my college. (applause) that's not even it. i went up, i went to cornell, he greeted me outside. and we went into his office, he reached back, didn't even look, pulled out one of his books, signed it to mement i still have that book. and i just thought that was just cool. he didn't even have to look which book he was pulling out and he wrote the book, right. so, so then he took me back to the cornell, ithaca, new york, started snowing as it always does. >> stephen: all through summer. >> and sow was worried that the bus wouldn't get through and he wrote down his home phone number. he said if the bus doesn't come through, call me. spend the night with my family, leave tomorrow. and i said who am i to him. and so i realized, this is an extraordinary behavior for someon

on the left, that's carl heron.arl, if this is an act of terrorism, why has there been no claim of credit? >> i'd like to say this. you can't rule out anything, accident or criminal act. and the claim, you know, we've had the boston bombing. there was no claim of credit, and also the shooting at ft. hood. once again, those are lone-wolf type incidents, but what i will say, the deliberate actions that were taken, the rerouting of the airplane, the turning the transponder off, not communicating, those things there would take someone with the knowledge, skills, and ability. so from an investigation point, you would start with the two people in the cockpit. >> and so let's say you check them out. i know there's been some talk of the pilot making a last-minute phone call before he took off, a mystery phone call, as if it's big news that a pilot about to fly off is calling someone in his life and saying goodbye or see you later, see you tomorrow. i'm sure they can check frensically who he called. he had to -- if it was a

i think one of the problems they have, and i know carl pretty well, one thing good about carl, he is pretty transparent what he does, the thing about ackman which is interesting, what caught everybody off-guard, how much political pressure he used to move a stock. remember the stock was down 15%. melissa: doesn't come back to bite you in the ass so to speak when these people turn around on you. these guys are long and loud out there in the market. >> all about the fact we had a bull market. they have been able to cause a stir and stock prices, everything is going up. then these activists have been able to check out and make billions of dollars but as the market comes down, we see a little more volatility, really invest, investors and investment complex is a big fund will really be upset. cost as fund a lot of money. melissa: jonas, you're furrowed. looking at the brow. >> this term activism, when did that become the term. melissa: what would you like to call it? >> they're insider traders. they're taking positions -- >> they're not insider traders. >> they're creating their own -- >>

carl icahn and dan loeb.ouldn't be getting this much future. we want to fly in cars we got 140 character, we're going to get flying cars as a result of activist investors. >> nobody can really beat on the door of zuckerberg or larry page because they're controlled by them. >> that's true. meantime, a new free video streaming service or something else? the journal this morning says that amazon is planning a we free ad supported streaming service to offer content to all users, not just amazon prime custer '. today amazon denied it but they're getting ready to announce something at a media event in new york next week. jon, you've got the invite. what do you think it is? >> i think this is the not probably a box with a streaming that we've been looking for. you plug it into the hdmi port on the tv, much like chrome cast and easily access amazon's content. not free. they are experimenting with groceries, drones. that doesn't necessarily mean they're specifically planning to bring this free service to life any time

there he is saying carl icahn's 2014 would look askance at carl icahn's 1985 choice of a business partnering ugly. when ivan bosky is the first name it's gotten down in the dirt. suggested bosky look into the share of gulf and western, i won't go into the details of this point of the letter, you can find it on andreessen's blog, his weblog at pmarket.com. but suffice to say this continues to get even nastier. we got ebay's response to icahn's nominees summarily dismissing the two of them as not overqualified and overboarded meaning they are on too many boards to begin. and andreessen is on facebook and hp and ebay's board, his argument would be, you want me on those boards in terms of my technical expertise, look who else is on many of the boards. there's not the conversation going on in the room about what's happening in technology if i'm not actually there. >> and it's quite common for them to kind of degenerate in this type of -- >> no, no. this is uncommon. no, no, no. >> remember carl icahn talking about bill ackman in a very similar way. >> this between -- between icahn and one of t

that's one thing about carl, he is very tenacious.oming as a proxy fight with two directors who are close to him and that have no knowledge of the tech business. now he is backing up and saying what he percent. he is looking for any opening to shake up the ebay board. the ebay board is very strong. they have an outstanding board. could be the best board on silicon valley. it there are very clear with what they do. if i was advising the board, i would say stay the course. do not deviate. you had tremendous returns for your shareholders. 465% since 2009. >> you mentioned his erratic behavior. perhaps the strategic. what is the most effective way of dealing with someone like a carl icahn? >> you need to be preparative for you come in very you should not wait until he attacks. you need to think about all the things he might do, including proposing a spinoff like this. you need to justify to your shareholders like mr. miller why having paypal as part of ebay make sense. close contact in with all your major shareholders and always be justif

the 300uld have been are they of carl philipp emanuel bach, the son of johan sebastian bach. he was considered one of the most important musicians of the 18th century but after his death he was largely forgotten. that is slowly changing. will beth birthday celebrated with concerts and exhibits and six german cities. >> for 18th-century audiences, his music was unusual and even revolutionary. pre-k's carl philipp emanuel to carve a niche for himself. he was the son of johan suspension bach. he became more famous than his father and his lifetime. was born in 1714. despite studying law, he entered the music world and rose through the ranks. he became a harpsichordist and arranged flu concertos for the king. >> he is increasingly gaining significance in the international music world. over the last 10 or 15 years, a lot of cds have been released that are devoted to his music. cpe's so-called sensitive style pave the way for the classical. of music, inspiring musicians like mozart and beethoven. he spent the end of his career in hamburg as the director of music and continued compos

chance tove people a see carl stearns. is he still alive?> yes, he is. >> did you talk to him for the book? >> yes, i did. >> let's watch this. >> secret fbi memos made public today show that the late j edgar hoover ordered a nationwide campaign to disrupt the activities of the new left without telling any of his superiors about them. many of them were clearly burglaries and threats of blackmail were used. >> the fbi initially defended its actions. >> the government had been derelict in its duty. had it not taken measures to protect the fabric of our society. >> we talked about the follow-up director, but carl stearns, what is he doing today? >> he is retired. he was such a crucial building block. i remember seeing what happened back then as a series of crucial building blocks that finally led to mass change in the fbi at that time. >> how much time did you spend writing this book? >> a very long time. it in the early 1990's, when i was still a professor and administrator at san francisco state. i was not able to spend much time on it. the 1

>> carl icahn has gotten very personal, and ebay is fighting back.gotten nasty, and quite different from carl icahn previous spars with apple and netflix. >> i think the tactics are ridiculous. i wonder why they are spending so much time and effort responding. methinks the lady. retouched too much -- to test too much -- pr otest too much. it would be very difficult for them to get any real traction for so i would just edit off on the side rather than continuing to spar. >> there is the argument that ebay, free and alone out in the world might become -- taken over by a competitor that could do damage to even. -- ebay. that is sonse to what? if the world wants it, the shareholders are driving this thing. if in fact they can create more value short shareholders by splitting it and potentially someone looking at one part of it and saying i'm going to acquire that. so be it. that happens all the time. course.re take its >> society is the former shareholder value is important. is what analysis is for. or try to get a good handle on where these p/e ratios w

so she's being very proactive. >> carl, thank you very much. carl brouwer, senior analyst with kelly blue book. >>> still ahead, one sector you should look at now if you're in the market for some new dividend investments. it may surprise you. >>> general electric, boeing and other companies with investments in russia are in washington today to express their concerns that u.s. sanctions against the putin regime may cause the russian leader to retaliate against their corporate interests. according to the bloomberg news service, about 100 chief executives affiliated with the business round table met today with defense secretary chuck hagel about possible retribution or at the very least russian push back. the session was off the record. >>> and morningstar lowers a key rating on pimco, the world's largest bond fund operator. analysts cut the bond house's overall stewardship grade by one notch, reflecting a higher degree of uncertainty following the departure of co-ceo mohamed el-erian a few weeks back. its stewardship rating is backed on several f

i was honored and excited, and carl and i looked at each other, and we said, this young woman hands down. so, i have known her for the last 17 years. i have been proud to claim her as one of my mentees and somebody that i've mentored. i have listened to her talk about the challenges of working in the public sector. i have -- i have -- i mean, it's ironic that she's not here, because where is she?

he is weighing in on carl icahn's proposal. symantec has fired its president and ceo after two years on the job. the world's biggest maker of security software has posted declining revenue. stocks are down this year. board member michael brown will be an interim director. a former microsoft employee has been charged with revealing trade secrets from the company, including code. according to federal officials, the russian national admitted that he provided the information to a french blogger. google has enhanced gmail security features. 100% of gmail messages will now be sent via an encryption. no one can read your messages. documents leaked by edward snowden allege that the nsa was intercepting google transmissions. >> cory johnson is with me now. air b&b is set to raise $450 million. >> those are amazing numbers. raising $450 million is an incredible thing. the notion that they would have a company valued at $10 billion before the ipo is unheard of. >> air b&b is always on the list of tech ipos. instead they are raising money.

carl? >> steve, thank you.inging us up to speed on what yellen is saying in chicago as we speak april lot of talk whether or not the six months was a rookie mistake or something else seems like it. also, a couple of good articles that i've been flummoxed how strong bonds are and interest rates going down. i know that there's -- rick will be saying, there's a lot of bond buy big the government. but, frankly, it did signal the economy had a big pause and i don't think that's the case. maybe friday we'll get the answer when we get the employment number, the single, most important thing that is happening particularly in the absence of news. >> no doubt the six-month comment was an inflection point for high multiple stocks and detailing the falls. >> that's what's been going on. >> that's why we're talking biotech, that why we're talk about netflixex and facebooks. we're seeing a bounce in tech names. >> can it last? >> whether amazon or facebook or google. >> gilead is up. >> gilead is even up. celg is up as well.

well, i think carl icahn was very late to the party on this. because the issue of the pile of cash was under discussion two years ago when the company first set out its plans. since then the pile of cash has gotten bigger, and that's a problem that you want to have. you remember last year another hedge fund took a pill to apple on the same issue. he didn't make much of a move forward from it. and apple has done the right thing. it's kept to its plans, communicated what it's doing, committed to $100 billion to be returned to shareholders. and it's going to review those numbers in march and april. and we're satisfied that that's a sensible course of action. we don't want rash decisions made in the heat of a dispute with a short-term activist. that's not sensible. >> all right. we're going to have to leave it there. thank you so much, ann simpson with calpers. >>> and coming up on the program, the hollywood business model is changing from the way films are financed to where they're produced. but as tinseltown gets ready to host the oscars can the