i mean, you'll get a dividend off cisco. but i wouldn't be rushing in and buying on any dip tomorrow. this gets close are to guy's level. >> the problem is this is old tech. where they want to be, their margins aren't going to be as great. i don't know how long that stands. so if you look at ibm, ibm is down 13% year to date. this is a name that is really a short for the foreseeable future and then some. cisco, i don't know if they can get out of that mind-set of being old tech. they just got into that, let's buy old tech. that intel, microsoft bandwagon. i don't know how long it is before that comes up. >>> don't miss a first on cnbc interview with cisco ceo john cham bebers on "squawk on the street." >>> find fought karen is thinking about her faith in macy's management and if she is trading the big move. >>> does this guy look familiar to you? it's the now infamous alex from target. he's teaming up with the ceo of shot to purt his newfond fame to good use and talk about the power of the twittersphere. >>> from record-brea

cisco and jcpenney. we'll bring you the numbers that could move both stocks and overall market, second they hit the tape and the best analysis on the street that all starts right after the closing bell. >>> at&t is halting build-out of fiber optics in about 100 cities in what so far is the most apparent chilling effect of the president's call this week to clamp down and regulate the internet. this as reports say that the fcc chair may defy the president's call for net neutrality citing the agency's independence. this story is a lot of moving parts and pieces. it continues to develop. we'll have the latest for you. very important story coming up. >>> let's take a look at the market. dow off 23. been in the red most of the session today. the s&p's off about 4. nasdaq positive. yesterday we saw the major indexes in the red until pretty much, bill, the closing bell turning positive adding a point to each one and went out out a record highs. we have an hour to go. >> european influence this morning a big one,

cisco's ceo will be on "squawk on the street." earlier, our colleague spoke with cisco ceo john chambers and asked about emerging markets. >> we have the uncertainty of emerging markets. we saw mixed results in markets in q1. for example, in the emerging markets, we saw positive growth, 2%. very solid in africa offset by, you know, lower growth and negative growth in russia. so overall, i think that there were positive results and we think the guidance is pretty strong. clearly, the reduction or signaled reduction in cap expending by the very large u.s. service has provided a big portion of global cap ex. that's going to have an impact. >> despite mixed results from cisco, we should point out the stock is up double digits this year. old tech has been a winning trade for investors. intel, microsoft, .of the other tech outperformers this year. these companies aren't delivering double digit sales growth by any means. but they deliver xwroeth year over year, quarter over quarter. it is not amazing growth, but it is something there. th

12.25 billion on cisco. for cisco, sorry throwing it at you all at once. that is a little bit of a beat on revenue. let's look at cisco if we can. 54 cents on estimate. 52 cents a pete. the ask is pushing to the upside. not to go, not to harp on jcpenney flat on the same-store sales which was a bit of a concern. going to have to look for what adam mentioned. he can pick up on this in a few moments what we're talking about what happened with regards to the management shake-up overall. david: we should remember something about jcpenney by the way. on october 8th, when they had their analyst call they lowered their forecast. they did beat in terms of not losing as much money as they thought they were going to be losing. when you lower your forecast, you make it a lot easier, liz to beat estimates. that may be a what is. >> being -- spooking investors here. liz: it is indeed a loss. they were saying warm weather, cheryl, warm weather inhibited purchases of fall gear, fall apparel. >> right. liz: which tend to be higher priced and has a good margin. but the mar

we have to update cyber security and write checks for cisco?service providers might say we've got to step forward with technology. can they all afford to sit back and wait? >> jim, in the long run they cannot. there is a difference between investing a little bit and investing what the country needs to break away. >> a search provider ceo would be irresponsible if they built out an environment where they not have a reasonably good chance of a good return. this is what government needs to deal with. do i agree with your point service providers can only hesitate so long because networks are heating up? i expect europe and asia pacific to grow. if you take out the top three service providers in the u.s. pausing for a number of reasons, and i don't want to see only net neutrality, there are other reasons there, our service provider market is flat. it could turn and could turn quickly. i would like to see us address the underlying issue here and not deal with the symptoms and put a band-aid on the symptoms. >> it's early days. even the messaging out

next man up after walmart, how about cisco? yes, cisco. now here's a controversial stock because it was trading higher than the earnings take and then it nose dived after the forecast and they always tell you to wait for that, only to rise like a phoenix during the interview with long time ceo john chambers on squawk on the street this morning. it's not unusual to see a stock go higher on forecasts. we saw it yesterday with macy's but this is a strictly conservative approach has been the hallmark of his management style. boy did i like what i hear. including excellent results in the united states and in europe. plus a trimphant game over for the other guy. still emerging markets were weak and service providers like at&t and verizon have dramatically, that's his word, dramatically cut back on broadband spending in part because of president obama's recent bizarre embrace -- i say that because this is usually the federal communications commission. the fcc. and some stance and major amount of spending which meant excellent orders for cisco. if

liz: widely-held stock, might be in your portfolio, cisco. shares in the green today despite delivering disappointing guidance but it beat on top and bottom line. what are investors seeing for the future? how does this tech giant feel about possible plans by the president to regulate the internet? we've got john chambers, cisco chairman and ceo. he joins us live next. david: and the keystone pipeline, is it a day late and a dollar short? they're just about to vote on it. is the president's coming immigration amnesty an impeachable offense? new research may have the answer to a big question, can money buy happiness. we have all that and a lot more ahead with our panel in just a moment. ♪ how could a luminous protein in jellyfish, impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectu

because cisco is an i.t.pany we have chosen to be an initial supporter of the national service exchange which has been built and will be run by the national conference on citizenship is, the ncoc payday want to thank the ncoc for his leadership and for being such a great partner. this is an exchange that captures the skills of our youth and aligns them with jobs that are available in the workforce. that way we are actually connecting the talents with the openings. the on line exchange will connect the youth who wish to serve with organizations looking for talent and services and the funders who want to support both. the exchange is indispensable in filling the vision of the alliance. it will handle organization certifications, individual service profiles, fund-raising, social media linkage and be the platform to support this important work. today, cisco has provided cash support, i.t. consulting, vendor selection and marketing assistance to the ncoc. but that is just an advertisement. what we have really done

revenue forecasts at cisco of estimates. analysts were looking for a percent. cisco has struggled.our top headlines. across the bloomberg terminal. versus 1.6 eight. good to see that. home entertainment down 38%. filmed entertainment grew. >> you know why that is? "transformers: the age of extinction." >> he doesn't know "transformers." >> oh please. you are a font of viacom wisdom. >> i have been babysitting boys. >> i'm going to do bitcoin. we trust. bitcoin has clear potential for growth. that is what david woo forecasted in december 2003. back then, bitcoin was trading around 1200. where is it going to be in 2015? currently come a are around $400. it is probably volatile -- pretty volatile. do you still think that quantifiable? >> there is no reason to think otherwise. we have to separated as an investment versus a payment system. i think as an investment, i think it has limited upside. that was the purpose of the original research report i put out. in this environment on the dollar is going up and gold is going down, people are running for safe havens. i think bitcoin is a pay

our partnership with cisco. so going into 2015 it's a part of our planning and we're working together to deliver -- very excited. as we continue to work together, and break new ground with the partnership between jibe and cisco. liz: we recently profiled slack, i think it's called and they're getting a lot of money from venture capitalists. i wonder, how do you beat them back? i know this deal with cisco is great and certainly helping to run the department for veterans administration, and they need it as i said, great, but when you've got the hounds nipping at your heels how do you win? >> our customers have actually nicknamed jibe the hub. >> that's where work gets done for them with their employees with their partners. jibe works seamlessly with all the applications mobile and desktop that employees and customers are using to communicate with. whether it's google, whether it's microsoft, whether it's other applications, jibe is that place where it comes together where people get their work done. it's simple, i

maintain a lead so far appears doing exactly that >> : and other news this morning search continues 7 cisco man who mysteriously vanished more than we got >> : 50 people turned out sunday >> : for some brand and a help but the search efforts daniel hall was last seen in the south market neighborhood and a brother get this plane ticket from the east coast was about 4 by a stranger responding to the bay area call for help >> : justin his mother are worried daniel might be in danger >> : as marriott was nature >> : and facebook never met there and >> : for me it's almost someone i've got something to him >> : online fund raising efforts raised thousands of dollars and hope of finding the ideal alive >> : 0 montessori today marks 21 days since nurse casey last exposed to ebola patient with apple could >> : belong year have daily monitoring for ebola symptoms may nurse looks bored to setting up house like a normal person and would continued to speak out on behalf of public health workers >> : and had caught a and there are people like politicians are leading the debate over quarantine and making

it's very efficient and they're great people. >> nice work by cisco. there are plenty of opportunities for you or your companies to help out and volunteer at the food bank. 40 cisco employees, by the way, packed food into more than 1,300 meal boxes. >>> his biggest fans may be in north carolina. up next, the special way mad bum's hometown is honoring the world series mvp. >>> it is now almost 8:30 on the east coast. you're looking live at the nation's capitol on this election night. just into our newsroom, nbc news is projecting republicans will maintain control of the house of representatives. the next big question, who will control the senate? brian williams picks up our national coverage in just a few minutes. >>> world series mvp madison bumgarner brought jimmy fallon a gift last night. >> i have a pair of underwear for you. >> a pair of underwear? fantastic. >> fallon put them on and showed them off to the crowd. you can't buy them in stores, but on ebay we found some for up to $500. this billboard went up in the city of hickory, north carolina. t

people used to come to six -- come to cisco. concerns what happens if cisco goes the way of ibm. >> it is a very fair question. let's point out what we did 3.5 years ago. we made a decision to transform our company. we reorganized engineering, sales, etc.. we saw the market changes coming. if you are always selling a or a surferrouter or story, you're not going to be successful. marketgrowing in that and we became the number one player in late servers in the u.s. in just four years. think about convergence. think about what hp may be starting on. we are seeing the results of market share. i think the market isn't giving us credit for that. >> you know that over the past decade the company has spent a whole lot of money, more than 100 ilion dollars on stock buybacks and $30 billion on dividends. you are close to one hundred billion dollars of authorized stock buyback. $16 billion of cap. those numbers side-by-side i would say the ibm story looks like the cisco story. >> i am not going to compare myself to -- first hour m&a story

weather coming up in 15 extra air-traffic >> : the special farm advisory and bay bridge >> : is 7 cisco stories son on the fall out there you should be driving better displayed than advise remains this bill earlier reduced to though less than a quarter mile give yourself lost space between you cars around you list should be on any lights. an amateur they are on lights on back up 88012 minutes for the foot of the maze dawns on 7 cisco 25 minutes for the ms and to the developing story 7 cisco officer involved shooting turturro and it held a bloated o'clock last night officers approaching a group of men acting suspiciously and that block of connecticut street of the implied that the officer opened fire shooting the men in the chest >> : and the hospital with life- threatening injuries and had a minister of leave investigating >> : possible homicide investigation pacific net heights neighborhood officers called report of shots fired willow b. cannon street 845 last night. responded found a person had been shot several times and person rushed to hospital hot second victim meant extra walk to

they are cisco and jcpenney. plus, some scary moments from some window washers rescued from one world trade center. "squawk box" returns with that and more in just a moment. ♪ for tapping into a wealth of experience... for access to one of the top wealth management firms in the country... for a team of financial professionals who provide customized solutions... for all of your wealth management and retirement goals, discover how pnc wealth management can help you achieve. visit pnc.com/wealthsolutions to find out more. >>> one world trade center in new york, you might have seen this yesterday. firefighters rescuing window cleaners stuck 69 floors above the ground. the workers were taken through a hole cut in one of the glass windows. that's how they had to actually get to them. this was on the 69th floor to one world trade center. we have a conference coming up on the 63rd floor. and then i looked at that. how much do you think these guys should get paid to do this job? >> way more than they're getting paid. >> w

. >> thanks to walmart and cisco. let's get to scott wapner at headquarters with the half. >> carl thanks very much. let's meet the starting lineup for today. josh brown, stephanie link, joe terranova and jon najarian, and also joining us is the zach seaward. and we begin with ceos in the hot seat. dick costolo, marissa mayor, don thompson and rometty. twitter coming off its first investor day. did he deliver? you are a shareholder. did you get what you wanted? is she still in the hot seat. >> i really don't think he's done anything wrong, as a shareholder. i guess i'm in the minority. >> he's been on the hot seat. >> i just don't understand why. it's an experimental technology. it is a young company. there aren't any comps. they have been forced to invent a business model from scratch. i don't understand all the drama to begin with. i just think he has to figure it out. but he's been doing that. >> cramer said this mornings. i love the story. >> he did deliver. and josh said yesterday. and what we discussed was there

john, technically how does cisco look?looks like if we can get about another 75 cents higher i think we can eventually end up at $32 a share by sometime next year, first half of next year. >> and is there any resistance, support? tell us what key numbers we should be looking at. >> the key level is actually at 2590. if we can get above there we come out of a side ways pattern that we have been trading side ways in for the last year and pick up the 2011 trend higher. most of the time when you have a side ways move like this usually you end up going out of it the same way you came in which in this case would be higher. so above 2590 i think we can go as high as $32 a share and that is a 27% move from where we are right now. >> give us the fundamental perspective on cisco. i have gotten notes from analysts lately a little concerned about some of the margins at cisco. are you? >> so we are cautious around the fundamentals of cisco. it really has more to do with what's happened and how well they have executed over the last thre

we have more from thta cisco re. bertha? >> one of the interesting things on the conference call, john chambers, ceo, talked about net neutrality. the companies that provide the pipes for broadband access should be able to charge different rates to netflix or to google's youtube. john clahambers saying that the saw weakness from the service providers and he expects that to continue because of the uncertainty over netneutrality. he came out swinging politically, saying that the industry will be aggressive on this and if they are not able to charge different prices they won't be able to make money. as at&t said today, they will likely put a lot of the broadband buildout programs on hold. >> all right. fascinating reaction to net neutrality. bertha combs. >>> on wall street, blue chip stocks ended mostly lower. they snapped a string of five record high closes no major economic data came out. the dow off just two points. and the nasdaq went the other way. it saw a gain of 14. s&p lower by a sin >>> one of the biggest gainers in

pleasanton castro valley at the coastline of sunday's tomorrow a notion beach in daly city 727 ciscount of warming temperatures aloft in to the russell wait until weekend. analysts darkling enter early next week >> : by king star adrian peterson back at texas courtroom today plea deal could see him back on the plainfield >> : ♪ ♪ first impressions are important. you've got to make every second count. banking designed for the way you live your life. so you can welcome your family home... for the first time. chase. so you can. year-old boy found in oregon comes after a woman told police after she tossed her son over a bridge to boats and helicopters searched the bay bridge for hours last night >> : they spotted the child's body officers had the put the mother in the waters " more than 100 ft. below the bridge chances of survival from fallout hyde minimal >> : adrian peterson avoid jail time after reaching plea deal in abuse case of brought against for spanking the child with the switch with a small tree branch >> : >> : sentence for two years probation for thousand dollar fine atrs com

how about the cisco? cisco just reported what obviously was a widely panned quarter that shouldn't have been panned at all. r i think that quarter was a testament to how well cisco can do in a tough environment. terrific executions. can you imagine what this horse can do when things get better? it's pretty much game over for everyone else. i like that. stock's still cheap. you might even we willing to reach down to a laggard like ibm. not me, but you. i get suspicious that an activist is indeed taking a stake. i don't know what an activist could do with ibm. maybe some activist thinks there's enough to turn things around. we do know it's not -- but someone might reach and grab that one. i say don't bother. how about these internet and social media plays? they've been stalling out for some time now, haven't they? it's almost as if alibaba sucked out the energy in the room. and they all come on "mad money," and when we listen to the best restaurant chains and retailers who come on "mad money", what are they

i always loved sanford cisco in college, and i just wanted to try it out. i started working in economic development policy. i was a community organizer for six years. i worked with young people, parents, and families around issues that concern our neighborhoods, whether it was improving muni lines, affordable housing, public schools, or just planning issues in neighborhoods. we just had a hearing last week, and we are trying to do some work around bedbug enforcement, which is a major issue in the tenderloin and of hill and 63. a hearing will actually be on thursday, april 7, 10:30. we're doing our first hearing on pedestrian safety. i think public safety is a huge concern. it ranges from both low-level crimes to pedestrian safety, and so that is a really important issue to me. we are probably more than double what every other district has. and that are preventable. and we can do better. district 6 is one -- home to one of the most diverse constituencies. we have the poorest residents in san francisco. we have lgbt. we have immigrants, people of color, youth

capte yo memies th to below the four year blue skies over seven cisco white wind in the air.old in the land. and the mark hopkins barely moving as the calm conditions over the bay >> : but for the sustenance as well to look a temperatures still on the close of water for days on list. san jose and for 40 livermore mid- 40s in the north bay san francisco clinic in on a lower mid-60s and then a young weather which said they are on >> : the note though temperatures the septenary see because it'll have any clout up their early morning sunshine gets an earlier start. coming as up and say what they're what that does for steal on by noontime widespread 76.6 is being reserved just a beat bay shoreline and the pacific coastline to in the afternoon and yellow involves the map with a 70 degree weather in places like oakland to 78 this afternoon services to a 73. san jose's 78 of the war approaching 80 degrees for some portions of the space of the valley stream to be surprised if some of the north they also touched a degrees cent fall fully close of nine sessions and rosa has 78. a season

the some talking about seven cisco >> : accolades went on all around for the team but the crowd erupted into cheers when madison baumgartner was introduced >> : our ndp team skippered brewers signed off on the 2014 s giants of for the crowd >> : as a single all this is the team's that had the good kansas city and when the world championship in their house >> : what day if you want to relive the celebration we have you covered kron 4 will bring the giants a victory parade again in an encore presentation sunday november 9, 2001 hour long look back at the parade the best moments speeches catcher right here on kron 4 >> : other news this morning and during critical condition a person on accounted for after apartment fire explosion on friday morning. it will treat neighbors say it the of glass like a bomb went off to look at the video looks like this with the force of the explosion blew off the roof of the building. police say they believe the cause was a possible drug lab >> : , that it wasn't an arab shot a natural resource at the hand of another of the criminal >> : some residents of the

temperatures right now in the '50s and '60s 7 cisco 67 for oakland. 54 degrees and santa rosa that's what led chile it chilly areas this morning and into the afternoon low 60s today notice temperatures come down quite a bit and the last couple days. you notice increasing cloud cover. this is associated with the system that brings rain to our area of litter on slight >> : i going to see where sunshine pleasanton 6765 in hayward. the 60s today and we city max and out at 65 degrees >> : and here's a system of satellites radar. bergen on the notice and increasing cloud cover throughout the afternoon >> : but we will certainly see some rain and to tonight >> : and for the most part will be ok for your evening commute home past that looks like rain will arrive in the north bay. keep in mind the heaviest rain will publish fall overnight most what are sleeping. in the once again war of a quarter of the mission half an inch of rain >> : has that looks like dry conditions and to weekends >> : with another what round of what was their lives arrives late summer and into monday and perhaps rain t

upper 60s east bay shoreline oakland downtown 71 degrees 7 cisco's 67 financial district one couple degreesocean beach 65 there in north bay again for low '70's. in and valleys a matter where you are low seventies today mostly clear skies and looking at the frequent forecast year bond had net seven this mild weather and sunshine in the afternoon temperatures clerical warming heading for thursday and unties upwards to 80 degrees. not bad enough that all actually. out there and enjoy. on the traffic now see how that are not battered as >> : wheat hacked our hot spot for a and senseless the talk about right in 7 cisco have your now the lights come back up in the date is odd going on a 580. almost a 24 ft. the good news you have to worry about any crashes and still moving well across the bridge. so getting from the east bay 92 looks fantastic crowded yes but still a good ride between 11. on a minute and you're pro-choice and because more traffic there on the right- hand side of the screen checking right across the golden gate problem free throw the morning and myself as a stow drive time only 2

live and severance cisco. >> reporter: for the second time in less than six months the aids of traded away their best hitter. third beirut basement johnson donaldson is headed to the blue jays. is an ndp can it this past year dawdles and saying i'm so shocked that a discount off the phone out definitely allow motion robotic oakland is my home. in " full details on what date stuart gm billy bean is the now >> pam: black friday as slowly winding down it was a big shopping day for many people in the bay area shoppers hit the stores in livermore premium outlets over night looking for the best buys. windows displayed sale signs showing items could be more down as much as 60% off the original price. towelettes marketing director says accessories such as persons and jewelry are a hot selling items this year. >> pam: black friday also called a frenzy in some situations the unofficial start to the holiday shopping season brought a big bargains and some frayed nerves jerry roth reports abroad even broke out. >> reporter: they fought and they bought crowds were looking for the best deals >>: we

we will have much more on "after the bell," along with ceo of cisco, john chambers.t. "after the bell," stay tuned. we're coming right back. don't h go away. liz: the breaking news that happened just i don't know, 11, nine minutes ago, david. baker hughes and halliburton. david: perfect time. oil down to levels we haven't seen in four years. this is the time to make a deal. that is what is going on. liz: nicole right at the post. that is exciting. baker house was halted and then opened. as we go into the close, we have baker hughes jumping 14%. >> is a huge move especially for energy stocks that have been so beaten down. this sector is losing sector of 2014. unbelievable move by boeing baker hughes and halliburton on this potential deal. david: it has come down a little bit. it was, baker hughes. what has come down tremendously and it is oil itself. that is affecting other energy stocks, right? >> without a doubt. oil is at a four-year low. energy stocks are out of favor. meantime the transportation index hits highs because the truckers, shippers, airlines love lower

> : adding to miss all bay area bridges under fog adviser this morning >> : dumbartons san mateo 7 cisco oakland bay bridge richmond bridge cortines venetian bridges all under advisory's and as we saw jackie is shot or the midst than worsen in >> : san mateo bridge was put under advisory earlier this morning especially heavy out near mid span as the conceive a bridge disappears into a fog >> : and cold bread the golden gate bridge in and out of the summer has this in this morning >> : about the richmond bridge well we did see some fog at toll plazas. mostly again around mid span and a vision is so badly impaired >> : annual tradition taking up this morning across the country and in the bay area talking up black friday shopping >> : like paul and lime and not less livermore with idea of how things are shaping up this morning >> : courageously bomb blast friday concerts on thursday now retailers continued open up early as was the case of the livermore all whats and to open up at midnight but it did a lot of stores here at 6:00 at sunday evening retailers continued to capitalize on shoppers

apple, cisco, microsoft, costco, green mountain. all of them hitting new highs.ook at mcdonald shares. it is up a book at 96. look at loyola. gas prices are going to come down some more. right now, they are holding steady. thirty states are in the $2 club. thirty of them. more on falling gas prices with gas buddy in about 30 minutes from now. the videos of obamacare. jonathan gruber coming out of the woodwork. he brings the president into it as well. listen to this. people say, no, you cannot tax might benefit. how could we make this work? obama says, he is really a real estate guy. i just cannot do this. how do we manage to get there? barack obama is not a stupid man. okay. he knew when he was running for president that the american public does not care much about the uninsured. they think that they are young and healthy and don't need insured. stuart: that is devastating. he is in the room discussing strategy and deception. >> the president knew that obamacare had to be sold dishonestly to the american people. remember, he had to give kickbacks to the state. it

hospitalized >> : watching the weather on the bay this morning rain beginning a comedown tracking ciscoand said no. all right now live look at conditions there >> : was no one right near civics center and played all minutes ago running pretty good out there. and i had died off and a little bit north of where i am right now no rain for the first half-hour and just start to sprinkle into the spring of 11 and the kemper with the umbrella tendinous especially in the north bay >> : where those mornings in days with >> : just enough rain to grow get those wells on the surface of the roads. tickets leave and it is not raining terribly hard tracking incentive seller it also following forecast and weather center >> : we will see most of the rain north of the golden gate bridge today anticipating got up to half and shot including some mounds a line of the storm tracker for like jack mentioned when starting to taper off portions a center for all thing heavier rain along highway 37 some light rain right now crossings at richmond center fell bridge over by 80 >> : and weather and heavy rain in san f

. >> pam: sizzle live look outside over severance cisco piquancy the sun is gone down. >> pam: falling time schedule your and kron 4 stan rubin is here with details. >> reporter: we have current temperatures than honest are unseasonably warm. >> reporter: where it 66 in hayward 75 in fremont and 70 in livermore. >> reporter: fall did not conceal lot of it. around 10:00 conceit clear conditions. over around 5:00 a.m. the morning is not likely to affect your commute the fog. >> reporter: what we're left with a chilly temperatures for the morning 52 in san mateo 55 in oakland 53 in fremont. >> reporter: 78 inseverable fell and 77 in sunnyvale. >> pam: and a market update now the dow and s&p closed at an all-time high. >> pam: kron 4 is more dan talks about our financial expert robert black about the winners and losers in the view of wall street. >> reporter: wall street is happy that the that republicans have controlled the house. >>: student loans that should of been reform were never reform. the republicans had blocked it. >>: they're looking for tax trade and immigration policies to ch

will be at 68 in and stopped in livermore will be in the upper 60s and severance cisco. >> reporter: here's a look of future class move most of the rain is coming to dry to the north of us. a dozen louganis see any rain locally. but there will be lots of clout cover. cloud cover. as we head into the evening more clouds into tomorrow night and early sunday. this weekend should be dried special sunday and monday but no chance of rain there but as we move into next week rain will probably returning tuesday and wednesday we could see another round of showers. >> catherine: investigators looking into the death of a young guerrilla at the san francisco zoo are calling for upgrades to the animal enclosure a hydraulic door crushed a 16 month old guerrilla when she unexpectedly guarded under the closing door the employee was operating the door with an emergency stop button reportedly did not have a clear view of the door animal rights activists said the doors should have motion sickness sensors. >> catherine: severance as a police have arrested a man for vandalizing the police car after the g

i specifically view oracle, cisco and ibm as the ones that right now are on the white board trying toe to acquire companies. >> given that a lot of these companies are pouring money into capital spending on cloud and some of them, microsoft and oracle in particular, have been hesitant to spend huge valuations on acquisition targets, weight going to change? are they going to shift their spending from cloud projects to do m&a or bite the bullet and start paying a premium? >> more bite the bullet. you saw sap do that a few months ago, but i think part of it, microsoft has done it the right way. they're one of the few stalwarts that built a good mice trap but they will have to bite the bullet you can't keep buying third tier assets which why is chamber, ellis and romney, i think at this point, six months from now, they will all do acquisitions in the space. >> how much do you think valuations would need to come down to get them comfortable? because the valuations of their own stock is under voouled. they've been buying back stock at a record clip. i'm wondering if you think that pattern w

if cecil can go and take a look at where they are right now oakland 322 in san jose averages 3177 cisco cruz and monterey county found another man from san jose sharks to be state 44 rolls come to one's body was found yesterday and was up in the ocean while fishing friends were being served away from low will pull them off the rocks in search for the win was called off tuesday night several agencies said hours looking for men the man said a person must a month to be swept off rocks and area of the person rescued in the national weather service brought state here warning of sleeper waves along the areas to the after >> : official drivage is putting political corruption case against senator lee approached a structured trial. once a political consultant keith jackson and other defendants to start going on trial early next year >> : has pleaded not guilty to accepting bribes offering a legal guns deal instead exchange for gun cudgel addition to the not guilty as well both fiscal years in prison if found guilty >> : of battery charges from a man who found but nightclub last month a vegas ple

that was the best day for seven cisco for fourth quarter all tied up front door the run.all pops out >> : for the fumble and then phil thomas recover the ball for the redskins and then go on to add a field goal take the lead 1310 san francisco comes back with the dried thyme and the niners going for the for the one for the fourth down later in the drive: cabinet fires with hard hit and then on necessary roughness that the first down and then carlos goes up the middle for the go-ahead score 1730 niners. mnlf in the game started for washington drop in the third goes back >> : coughing up the ball ron brooks covers the vault argie 3 soda get up came over niner's third straight win >> : is a game over for san francisco giants' public sandoval. dry as clutter third baseman pablo sandoval reportedly now agreed to a deal with the boston red sox then this is was cbs sports reporting this morning are conflicting reports about it now. they say they're going the a hundred million dollars for five years with the red sox but there are other media outlets that say the report is wrong.

there's a more on that the, at five of 45 the >> : the major hot spots report south on 1 01 cell 7 ciscotavius street of an object in the fast lane perhaps possibly a grain of cycling been in the fast lane. heading southbound 101 past the previous day and the entire slumbered debris on the roadway look at the bay bridge commute we're seeing some back up the bill up here for the cast came lane and a quick look at the drive * not to betz's will have any major hot spots looking at 30 mess along highway 4 for manioc concord. one update dublin 17 minutes altman passed -- 18 minutes >> : more details traffic coming up later >> : and police in berkeley investigating fraternity house near uc-berkeley campus happen over the weekend >> : jockeys as a live there in the berkeley police department with the details >> : will continue to investigate the death of the 20 year old male that them found inside a fraternity house near the uc campus. and now this is where we know few details in this case right now what we do now yesterday a little after noon to 0:00 yesterday. berkeley police received a call

cisco reports after the close. cisco up almost 13% this year. solid dividend. i think navigated the head winds of a slowing growing economy. thursday we got the retail gamut, wal-mart, kohl's. these stocks moving up nicely on lower gasoline even though first two have warned things aren't as hot of late. one of the chief reasons oil has been able to come down is belief that the slow down in the chinese economy has accelerated. a lot of numbers come out each month. the one we get friday, the china trade balance has been a reliable tell to how much has been exported and imported. china has thrived on exports and now seems it is more of a consumer society with money spent on alibaba. the bottom line for next week, grid lock among greed is good and allowing us to focus on companies and the larger themes that have worked so well this year which is exactly what you need to do next week to profit from washington's delicious absence from our investing decisions. rose in rhode island. >> caller: how are you, baby? >> i'm okay. we had the really last night for the gale. w

this is your chance to find your heart in santa and cisco with someone special. -- san francisco with someone special. our first look out is here at buena vista park, a favorite with couples and dog walkers. both have a significant force. a refreshing retreat from urban life. the romantic past that meander up and down the park under pines and eucalyptus. hang out in this environment and you might see butterflies it, fennel, and then the lines. -- dandelions. is ada accessible. public transit is plentiful. we have conquered the steps, we have watched the dogs, and we have enjoyed a beautiful view. this is a place to take someone special on a romantic stroll and enjoyed a beautiful look out. welcome to corona heights located in the heart of this district. it offers a view of the downtown skyline, the bay bridge, and the east bay. it is one of the best kept secrets in the city. it is hardly ever crowded. on any given day, you will run into a few locals. , bought a 37 bus to get there without any parking worries. for legged friends can run freely. there is also a patch of grass for the sm

here's the surveillance video that shows a mini-van crashed through the front of "cisco n-y-c" early yesterday morning. four people then jump out of the van, while at least 16 more came running in from the street while carrying garbage bags. they were only inside for two minutes, but managed to get away with hundreds of thousands of dollars in clothing. >> the come over here not to get money, but they come here with guns to get some expensive genes and some close. >> this is like a low-tech way they can get as much as they can. >>there have been five similar late-night robberies in the city and suburbs since early september. in each of them, a vehicle intentionally crashed into the store ... then, numerous people stole merchandise. the family of a ten year old boy, who died in an apartment fire, is suing the owner of the building. ans khan died in his third floor apartment, on the 57- hundred block of north kimball, about three weeks ago. the cause of the fire remains under investigation. the khan family is suing the building owner for not providing working smoke detectors. khan's pa

but 67 cisco's no.r you if your but the bay along the coast expect a bid the upper 60s >> : 7 they are on the day forecast warming up a few degrees today. there's an immense max out at that point through greece and until be beautiful again sunny skies afternoon hours. temperature is pretty much cover upper 70's low 80s city in the week and two weekends >> : run some francisco west on coming coming from oakland heading up the bay bridge toll plaza on a major problem >> : minor incident was bound cemetery ridge plaza delete and frequent plotkin laughlin good news not causing a delay one catchline blocked and heading out there >> : a good ride between the peninsula's east bay. and what of the golden gate bridge small morning north- south 10 $1 m francisco dried thyme holding a very nice 21 mess about our downtown >> : to listless bought out their reveler 70 traffic was down 582 05 little more and six a split >> : when a delay on the pittsburgh it declined concord and north concord. but when it delayed on t

six years later, venture capital people were running cisco. >> we got taken to the cleaners.art of that was, if you don't have an employment contract, i got fired by the same guy who fired steve jobs. >> lerner had a second act. she started a cosmetics company called urban decay with edgy colors for women like her. >> it's historically been people who had disposable income who made strides in farming. look at george washington or thomas jefferson. >> she raises shires, war horses that go back centuries. scotch high land cattle and those turkeys which she says taste better because of the lives they lead. >> how much does one cost as compared to a grocery store? >> they're between -- i think they're running this year about 160 to $200. >> at those prices, there are questions about how to make this kind of farming profitable. while lerner is determined to run a sound business, it's not just about the bottom line. there's a 40-room mansion on the farm. >> what's it like living there? >> i don't know. >> what do you mean? >> i live in a little log cabin and i love it. >> so just d

the s&p still roughly flat. >> dow holding up. >> thanks to walmart and cisco. to scott wapner at headquarters with the half. >> carl thanks very much. let's meet the starting lineup for today. josh brown, stephanie link, joe terranova and jon najarian, and also joining us is the zach seaward. and we begin with ceos in the hot seat. dick costolo,

is that the cisco our morning the chinese community about the scale. a right across the bay bridge so far so good.. >> reporter: today is election day. the voting hours are at 7 this morning and run up until 8:00 tonight. a job and a number of voters. which could timmy we'll have a near record low turnout. it was to add more workstations but there is not enough money to create out of jobs will soon comes out on top. accusals distilling prissy photos of women is arrested has been released on bail he turned his self in the incident he appeared in court >> reporter: we're waking up to clearest guys on this to the morning. it will be a little warmer to mar repair will see a really nice long weekend as well set consist of 52 degrees oakland low 50s san jose livermore is santa rosa you're at a chilly spot. 44 and 43 degrees. was to have rain and showers of to northern oregon. will have lots of sunshine in the bay area is really pleasant and above average today. 76 degrees and evergreen fremont looking for high of 72 and is bay will be a nice day for you. of