days later cigna told the rodericks it had reversed its decision. mike got approved for the cyberknife treatment. i am so excited, i can't stop crying. >> i know she's always got my back, you know. that means everything to me. >> reporter: now the couple that has shared 34 years of marriage and laughter are hoping they'll have the gift of many more. >> bottom line is, i can't live without her. >> i don't want this to end. i'm not ready for this. >> that's my best friend. >> yes, we are best friends definitely, yes. >> andrea and photo journalist joe martin will be following mike through his surgery and his recovery. we'll keep you updated. if you need help fighting for coverage from yours insurance company, the patient advocate foundation is there to help for free. go to wusa9.com. the link to the site is there along with a free guide when it comes to making an appeal. >>> okay, weather. wow, so changeable this morning. we've had ice over a lot of the surfaces and things started to warm up a little bit. it started to melt but my own wife fell on the

and why did cigna reject mike roderick's best chance of survival? days later cigna today the rodericks it had reversed its decision. lynn sent us an exuberant e- mail. mike got approved for the cyber knife treatment. i am so excited i can't stop crying. >> i know she's always got my back, you know. that means everything. >> reporter: now the couple that has shared 34 years of marriage and laughter are hoping they'll have the gift of many more. >> bottom line, i can't live without her. >> i don't want this to end. >> that's my best friend. >> yes, we are best friends, definitely, yes. >> reporter: in frederick, maryland, andrea mccarren, wusa9. >> we certainly hope the best for his recovery. >> for sure. >>ed an why and photojournalist photojournalist joe martin will be following mike through his surgery and recovery and we'll be sure to keep you posted. >> if you need help fighting for coverage from your insurance coverage, the patient advocate foundation is there to help you and it's free. head over to www.wusa9.com. there's a link to their site al

david cordani, the ceo of cigna.t weekend. >> you, too. >>> the illinois attorney general said the u.s. is facing breaches that face a danger to the economy. she'll join us and tell us what to do to protect americans, that's when "squawk on the street" comes right back. >>> welcome back to "squawk on the street." i'm josh lipton. news here on gopro. they filed for a confidential ipo. the maker of the gopro camera, of course, you will find these cameras just about everywhere. they're, the rolling stones, nick woodman, the ceo and founder of gopro calls it a life camera. started it to capture video of him and his surfing buddies. forbes pegs nick woodman's worth at $1 billion. again, the news, goprofiling for a confidential ipo. >> topical as the olympics are upon us. thank you, josh. >>> let's get over to the cme group now. rick santelli with the santelli exchange. good morning, rick. >> good morning, kelly. let's start with topic number one. that is the jobs report. and after going through all the tables on the bls w

so cigna is one of the red arrows today. david: then we have netflix, nicole.just no end how high this can go. it is up another five 1/2% today. $430. an all-time high, right. >> 10-year charts show it was $100. today, up five 1/2%. david: $89, about a year-and-a-half ago. [closing bell ringing] bells ringing on wall street. what a way to end the week, folks. look at this. happy friday to you. markets are saying happy friday to stocks. all the indexes are above 1%. nasdaq in particular up more than 1 1/2%. the tech stocks doing extremely well today. great way to end the week. a great way to end the past two weeks. liz, i think we got a winner here. liz: we sure do. time for your front page headlines. we begin with breaking news. treasury secretary jack lew says the u.s. is taking emergency steps to stay under the debt ceiling. he says he is not confident those measures will last beyond, here's the date, february 2th. david: well today's monthly jobs report profit labor department shows the economy added only 113 jobs last month. that is lot fewer than expected.

margins,ok at cigna's up 16%.vestors who look at this deal said we like it because we think that zale could improve its margins. that is why you saw the stocks of both companies pop on the news because they were factoring in a lot more efficient operations for zale. >> what does this mean for the company as it goes forward? it going to- is continue to operate all of these brands? >> i think consolidation on the smaller side of the jewelry industry, there could be consolidation on the mask side of the industry as well. the combined footprint is 3500 stores. you are so many locations throughout the u.s. at the very least, where they have 4 or 5 of their own stores competing in the same all. -- in the same mall. zale said it was going to close a bunch of stores and will keep on that commitment to close a bunch of stores. that was brands go, one of the questions on the investor call. will they keep all of the combined brands? the 2 sides said yes, because it is range of customers they are going after. you know this be

cigna one of the big losers today down around 8%. scotting back to you. >> weiss, what do you want to trade off that list? >> look at chesapeake. i'm not short, haven't been short for a while. this is what i was talking about before. they still have somewhat of a balance sheet, no danger of violating any covenants. but they had to sell some better assets thand can't spend as they used to because they still have to service the debt. it's not a name i would be playing here. >> pete? >> well, i look at akamai. when you look at what they were able to deliver on the quarter and the stock, this stock has been a widow maker for a long time. it's been hit so many times to the downside it's finally getting an upside move everybody was expecting. when they started to shift around, a lot of people think will feed into them, names like apple and those, this is a stock that finally looks like it found its footing and there is some upside. >> what a week for twitter. the company delivering its first ever earnings report. the stock taking a pretty

friday-- cigna reported an 11% profit decline. the health insurance company-- lost members and spent more on medical expenses. last week- aenta produced results that missed by a penny. by earnings were up 43% from a year ago. and the health insurer signed on a record number of members. wellpoint was the most upbeat of all. indicating that enrollment under obamacare has strongly increased membership. a smaller loss at the u-s postal service this quarter could have come from online shopping. the usps lost $354 million in the first quarter, less than the $1.3 billion loss last year. revenues from shipping and package delivery grew 14 percent, or $479 million from online shopping.. and a deal with amazon to deliver packages on sundays in some cities. a jump in gas prices is likely down the road... winter weather, weak demand and oversupply supply is holding prices in check for now. but triple a warns prices tend to rise in the spring as refiners starts to shut down for maintenance and eventually switch over to more expensive summer bl

. >>> and cigna posted weak quarterly earnings and a disappointed outlook. that company said that costs in its private medicare businesses were higher which might continue into this year. and that pressured the stock. those shares t shares tumbled. >>> shares of ibm rose on reports it might be selling its semiconductor business. big blue has been spinning off some business units. it's part of its push into cloud technologies. just two weeks ago, ibm agreed to sell its low-end server division to chinese pc maker lenovo. the stock closed at $177.25 today, a gain of 1.5%. >>> expedia was the biggest gainer in the s & p a day after posting better than expected earnings. the travel site operator reported a 21% jump in gross bookings. its deal with rival travelocity also helped boost hotel room sales. other online travel agencies including trip adviser, price line and orbitz rose of lot on that report. expedia gained 14% to $74.45. >>> go pro has filed for an ipo. the maker of those tiny high-definition video cameras that a lot of skiers and hikers attach to their

you didn't know if kaiser, cigna, or these people would be in business back then. >> right. >> there'sl few that say if you play three, four years, if you work three, four years for ibm, are they supposed to insure you for life? from a business standpoint, i think they think you can't guarantee someone health insurance longer than they actually did the job. i think that's really the argument that they make on that. >> but the big difference, if i may just push back on that -- >> obviously. >> -- when you work for ibm, if your boss is coming in, taking your head and slamming it against the desk in multiple concussive episodes that would stay with you for the rest of your life, there might be a case for ibm to give you lifetime health care. >> roughing the programmer is not -- >> right. right. >> i got done playing in 2007 was my last season. that was the first year they started the shaw health insurance program where you get five years when you're done of health insurance that continues and $25,000 a year in my account. that maxes out at $300,000. because i played 12 years, 25 times 12

and cigna on the insurance side of things, up about 3% in today's trade. you. >> thank you very much, dom. >>> used cars, pilots and phil lebeau. the high tech way thieves are breaking into and stealing cars in chicago. phil? >> reporter: thanks for lumping me in with the thieves. let's talk about this new way we are seeing people steal cars. this video is something else. take a look at this surveillance cam video. you see somebody going up to a car that is parked there. they have something in their hand and then they can open the door. they are not smashing the window. chicago police are looking into what exactly is this mysterious black box that allows a thief to in this case get inside the car, take whatever's on the inside. we do know that not only in chicago but around the country, police are looking into what this black box is all about that allows them to override the car computers. let's move on to auto sales. cold weather all month. we thought it was going to ease up in the second half of the month and things would improve for the auto dealers. ha

. >> cigna jewelers buys stshgs ale's. it gives signet 16% of the u.s. jewelry market.deal is likely to lead to a number of store closings because midlevel jewelers continue to deal with weak demand that's dropped off since the recession. but again give signet greater access to the demand that is out there. back to you bp. >> all right. mary thompson, thanks for that report. we are going to look now at our daily list. we have a fun one thanks to buzz feed, which takes a look at college courses you won't believe actually exist. parents around the country are wondering where their money is going. at uc, santa barbara, you can take a course in the history of surfing. sounds pretty fun. oberlin college has an american studies course called how to win a beauty pageant. hopefully there's some deconstruction there. bart college in upstate new york has a class called milk and its contents. see, that's a play on woords. maybe they should chat with student who is take penn state's food science course, how to make ice cream. and penn state's creamery is pretty well known. finally,

class number two cigna. shares are down. first quarter earnings will probably decline.in. sales growth will slow for a fifth consecutive quarter. linkedin is seeking to reach workers overseas and answering -- adding mobile features. they may make some acquisitions. the ballot closed about two minutes ago. for a one right now and we are out -- 4:01 p.m. right now and we are up. a strong day. let's move to the roundup. these are the stories we're tracking ahead of monday wash opening. we are joined by jesse lynn and olivia sterns. >> matt miller, you got me into go pro. matthew bageling? class i own very many. than you can possibly count. >> get a camera and duct tape you can save some money. >> i like to put them all over my car, my motorcycle. there are so many cool things you can do. >> is a catamaran that goes fast. >> you use go pro on your catamaran. i've been filed for an ipo. they are striking well the fire is hot. sales were around 525 million. glad they are less than $1 billion. under $1y have to be billion to file the way they have filed. client is very cool fo

we're talking lower profit and disappointing outlook from cigna health care.down $7 almost 9%. 77.98 and ibm is exploring to selling the chip business sending the stock slightly higher. up almost $2. i want to get back this jobs report. we're calling it the jobless winter. the white house says, quote, if the labor market is moving in the right direction. charles: i'm not sure what direction they think is the right direction. but maybe paul conway knows, a former labor department chief of staff under george w. bush. we have one net jobs are moving in the right direction, but this is obviously a huge disappointment. >> it has to be a disappointment. look, last month one of the president's architects of his economic policy was on here saying one jobs report in one month does not tell a story. i think it's important to look at the trend line. labor force participation rate. if you go back and look, it's been stuck there. 62.8, 63%, the job creation number is low. it's very problematic because you need 150,000 jobs per month just to absorb new workers. so, it's ver

other events, earnings a bit of a snoozer, the only thing we will know is cigna. also lg launches its new curved smartphone. >> that is the new thing to have a curved phone? >> i don't know, the kind of all because dennett nokia have a banana phone that was a little curved -- because didn't nokia have the banana phone that was curved? willdon't know, hopefully be different. the olympics will air on tape delay. we have figure skating, ski jump and speedskating. >> we go to the major question of the day. it is not jobs, apple's share buyback, are we going to spoil? do we have a company policy? are we going to be breathless at 1:00 p.m. and say scarlet fu won the luge tournament? >> if you want to avoid it, you now know how to do it. >> big debate 10 years ago, now it is not, twitter and all that. on's not have any suspense our data check. it is a pre-jobs data check which means it is dead. 10 year yield goes to $260 to $270 in a matter of days. $2.60 to $2.70. let's go onto currency markets. the vix, 21 was the worst, we have a more complacent market, 17.23, yen bac

. >> and insurer cigna, reported quarterly profit of $1.39 per share, 10 cents short of estimates. its outlook falls short of street consensus, cigna saying the cost in its private medicare business have been higher than expected. >> joining us now to talk about jobs and everything else that's going on in the market, joshua fineman. he is the chief global economist at deutsch asset and wealth management in new york. here on the set, managing partner and chief investment strategist at strategist assets. >> joe has been making fun of me for seven years. why should it be different. >> let's talk jobs. do you have a number in mind. >> our chief economist is using 175 and 6.8 on the unemployment rate. >> which do you actually care about. >> i care more about the nonfarm payroll numbers. >> does the fed care about the rate? >> we'll see this with miss yellen who she nuances this. the question is do you want the victory on the number or the victory in actually solving the problem of structural unemployment. i believe she believes we have a structural employment problem in the united state

other events, earnings a bit of a snoozer, the only thing we will know is cigna.new curved smartphone. >> that is the new thing to have a curved phone?

the panel included former head of communications from cigna and representative from the centers for medicaidicare services. wga is a labor union that representatives thousands of screenwriters for television and film as we as online media of the guild's executive director says they hold similar forums on hot button political issues several times a year of the so in the past panels were held on homeland security, drones and immigration. topics to be addressed at last night's panel include individual and employer mandates and comprehensive coverage guidelines. the forum was initiated by the hollywood health and society program at usc annenberg norman lear center. a cnn representative told foxbusiness.com, quote, this is part of outgoing efforts to begin awareness of affordable care act. we're reaching out to groups across the country to help get the uninsured enrolled in quality and affordable health insurance. hollywood is known for liberalism. some thought it would be a love-fest for president obama's signature legislation. they said their members are independent mind and would not be swayed

eastern time. .it's just a handful of earnings today from the likes of apollo global management, cigna and moody's. >>> still to come on the show, it cost $50 billion, protests against the kremlin's anti-gay laws. >> will hosting the winter games pay off for russia? we'll get into it when we come back. mine was earned in korea in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, 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 current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. some brokerage firms are but way too many aren't. why? because selling their funds makes them more money. which makes you wonder. isn't that a conflict? search "proprietary mutual funds". yikes!! then go to e*trade. we've got over 8,000 mutual funds and not one of them has our name on it. we're in the business of finding the right investments for you. e*tr

the opportunity and threat of air warfare was fully appreciated began as a subcomponent of the army cigna corps and then obviously it had to grow and then it became the army air corps and finally we got a u.s. air force. i think a similar process needs to be planned for on this. the other issue i wanted to raise with you is this -- many of us have been shocked by the discrepancy between the filings that political organizations have made at the internal revenue service, promising under oath they weren't going to spend any money on political activities, and at the same time filing declarations under oath at the federal election commission that they have spent tens of millions of dollars in political activities. i suspect that those discrepancies reflect false statements that could be prosecuted under 18 u.s.c. section 1001. there have been no cases from the department in that respect because the i.r.s. hasn't referred anything. i think the i.r.s. is frightened of the power behind the big political machines so they have chickened out and pitched it in. but now they decided to take a look at

i wish to submit this full letter to the record with the cigna tores who -- with the signators who represent the captains of finance and industry in our country. but more important than that, as important as that is, our global standing in the world. more important to each and every person in our country is what mr. neal spelled out. what this means to you. . if you're a consumer with a credit card, if we did not take this action today, interest rates could skyrocket, making it harder for families to get loans, for small businesses to invest, spend and hire. again, on your kitchen table, as you pay the bills each month, you would have higher interest rates for your mortgage, your car payments, your student loans and your credit card bills. higher interest rates once again on small business loans that are useed to -- that are used to pay employees or expand business. significant blows would come to 401-k's as a result of the stock market reaction to our not lifting the debt ceiling. credit markets could freeze the value of the dollar -- could freeze, the value of the dollar would be negativel

that is a 1-year chart, over 200%, great performance and cigna too, parent of kay jewelers, every kissth k, put them together and make them a large position in north america for jewelry sales. dagen: thank you. connell: time to make a little money. that is the idea, with charles what kind of treat do you have for us? dagen: you going to demonstrate it? connell: i don't know if you remember. charles: talking about taser. they have come long way. their products are amazing. anybody, any would-be investor, go to the web site, the first thing you are going to see is really interesting. total number of lives saved. right now their products have saved 120,784 lives. that is amazing. people who might have been heard otherwise. 70% fewer officer injuries, 40% fewer suspect injuries. what does this relate to? last time reported revenues of 22%, gross margins went to 62.8%, operating margins up two percentage points, also moving into the camera business. this will be huge. it is mall. margins are gigantic, you can wear them, cameras on the glasses and four on body armor. absolutely huge and fant

. >> how about cigna, humana, tenent. >> $10 up on negative news. >> it was negative but not as negatives minus 4 1/2 once you read through it. it could be minus 6, and 8 even. there's an idea also that they went either way if you talk to some people that own it, either they'll make more money by priciprice is being higher than thought an gain a lot more share and pbm that people brought up and they could outsource that, that could create value. i talked to a couple of people. >> some people are saying express scripts is being back and being a bargain. and cvs was nipped when they got out of tobacco. look at this thing, 52-week high. a lot of forgiveness. a lot of happiness out there in a sector that had been the grim sector. a lot of people showed me we're not chartists here, but the etf for retail had created a head and shoulders, some people were telling me, you got to short retail. obviously that didn't work. >> what about shorting some of the reits that rely on mall-based retailers for their growth? >> doing pretty well. >> that's outlets. that's outlets. that's a slow death, right?

. >>> and let's make a deal, cigna jewellers agreeing to acquire zale for $21 a share while one wallfirm suggests walmart should pick up family dollar. >>> first up netflix has a bone to pick with verizon this morning and its fios service, according to the "wall street journal," the average prime time speeds fell 14% last month as netflix is rolling out a new season of "house of cards" they've been in dispute with verizon and other broadband providers how much content they'll carry without paying additional fees. it is sort of a story, david, simon, of two companies but with broad ramifications as we see other deals coming down the pike. >> without a doubt. we know this is only going one way which is up as broadband usage will only continue to increase as more and more people stream. there are statistics that say 30% of the streaming that takes place in prime time in the u.s. is related to netflix. how much capacity you're using and the move to high def by netflix, for example, using more bandwidth, it's going to be a contentious issue and one we're with for some time, who pays the f

i wish to submit this full letter to the record with the cigna tores who -- with the signators who represent the captains of finance and industry in our country. but more important than that, as important as that is, our global standing in the world. more important to each and every person in our country, is what mr. neal spelled out. what this means to you. . if you're a consumer with a credit card, if we did not take this action today, interest rates could skyrocket, making it harder for families to get loans, for small businesses to invest, spend and hire. again, on your kitchen table, as you pay the bills each month, you would have higher interest rates for your mortgage, your car payments, your student loans and your credit card bills. higher interest rates once again on small business loans that are useed to -- that are used to pay employees or expand business. significant blows would come to 401-k's as a result of the stock market reaction to our not lifting the debt ceiling. credit markets could freeze the value of the dollar -- could freeze, the value of the dollar would be negative