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Sep 23, 2013
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we'll talk to dan niles, see what he's buying next.nd dow is down about 51 points now. 25 minutes to go on this monday on wall street. s&p 500 down about 8 as well. >>> it's a new day to be the dow so how are goldman sachs, visa and nike performing? they're all down. we'll get a market check. >> how is oracle dealing with headwind in a crowded cloud computing business? president mark hurd is with me exclusively with answers you can't afford to miss coming up next on "closing bell." jackie: there are plenty of things i prefer to do on my own. but when it comes to investing, i just think it's better to work with someone. someone you feel you can really partner with. unfortunately, i've found that some brokerage firms don't always encourage that kind of relationship. that's why i stopped working at the old brokerage, and started working for charles schwab. avo: what kind of financial consultant are you looking for? talk to us today. >>> welcome back. blackberry shares are rallying after agreeing to a buyout from its largest shareholder. i
we'll talk to dan niles, see what he's buying next.nd dow is down about 51 points now. 25 minutes to go on this monday on wall street. s&p 500 down about 8 as well. >>> it's a new day to be the dow so how are goldman sachs, visa and nike performing? they're all down. we'll get a market check. >> how is oracle dealing with headwind in a crowded cloud computing business? president mark hurd is with me exclusively with answers you can't afford to miss coming up next on...
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Sep 24, 2013
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yesterday dan niles told us, if you own a blackberry, take the money and run right now. but someone here thinks a better offer is coming. but is that realistic? we have both sides of this blackberry fallout just ahead here on "closing bell" today. >> and is this what the fed saw when it held tight last week? retailers now expected to hire less this year for the holidays than they did in 2012. what is it forecast about the economy and prospects for some of these companies in the stock market? bill? >> somebody tweeted -- i said 91 days to christmas. somebody sat down and did the math apparently. 92 days until christmas because october hooz 31 days. thank you. somebody has way too much time on their hands out there. >> exactly. or they're doing the layaway option, which is a smart one. >> good point. very good. let's show you what the markets have been doing so far. today the dow is in slightly negative territory. we're told by art cashin the is down as well. this is the newly revised dow. three went out, three came in yesterday. the nasdaq is trading higher today. up 13-p
yesterday dan niles told us, if you own a blackberry, take the money and run right now. but someone here thinks a better offer is coming. but is that realistic? we have both sides of this blackberry fallout just ahead here on "closing bell" today. >> and is this what the fed saw when it held tight last week? retailers now expected to hire less this year for the holidays than they did in 2012. what is it forecast about the economy and prospects for some of these companies in the...
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Sep 24, 2013
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>> larry agrees with dan niles. he said if shareholders wait, the offers could get worse. kevin stadler says this is a fire sale price. investors should hold out for more. gentlemen, welcome. kevin, this is a depleting asset. who's going to step up and pay more? >> i think a private equity bidder would benefit from buying the company. and i also think -- i wouldn't count out mike. there's real value at this -- with this asset. >> larry, is there real value or are we witnessing one of the greatest value destruction efforts? >> there is no value. this is a bad bluff in a high-stakes game of poker. this thing could continue it go down to $2 a share. >> how would it get down to $2? >> the issue is they don't have anything. you're laying off 40% of your workforce -- >> $4 a share in cash. >> okay, $4 a share in cash but i still think -- >> larry -- >> go ahead. >> when you say the company doesn't have anything, i think when you say the company doesn't have anything, i think you're -- the facts stand in your way. specifically, don't look at their cash. but they do have $2.6 bill
>> larry agrees with dan niles. he said if shareholders wait, the offers could get worse. kevin stadler says this is a fire sale price. investors should hold out for more. gentlemen, welcome. kevin, this is a depleting asset. who's going to step up and pay more? >> i think a private equity bidder would benefit from buying the company. and i also think -- i wouldn't count out mike. there's real value at this -- with this asset. >> larry, is there real value or are we witnessing...
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Sep 25, 2013
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want to weave in mobility throughout the show but monday when i was in san francisco, i talked to dan nilessure if you saw this. >> i did. >> he's from alpha one capital partners. he's been a very good technology investor but he was negative on google. i want you to hear what he said. it had much to do with motorola. listen to this. >> i think google has some severe problems. don't forget, google owns motorola. i think that platform has just as many problems as blackberry does right now. i don't like google at all. >> what planet is he on? motorola has just announced extraordinarily new set of products. we'll see how well they do. motorola as a percentage of revenue for google is not such a large percentage it would affect the overall. criticize google's core revenue stream, product line, which have continued to innovate for many, many quarters. >> where does growth come in the next three to five years at google? >> probably advertising. >> still add ver stizing? >> yeah. because that's been true. there are long-term necessities at google about what kind of longer term hardware strategies w
want to weave in mobility throughout the show but monday when i was in san francisco, i talked to dan nilessure if you saw this. >> i did. >> he's from alpha one capital partners. he's been a very good technology investor but he was negative on google. i want you to hear what he said. it had much to do with motorola. listen to this. >> i think google has some severe problems. don't forget, google owns motorola. i think that platform has just as many problems as blackberry does...
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Sep 25, 2013
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up, google executive chairman eric schmidt will be with us explaining why famed technology expert dan nilest his position. we'll also get his thought on the nsa masquerading to spy on web users. i am today by luck. i put in the hours and built a strong reputation in the industry. i set goals and worked hard to meet them. i've made my success happen. so when it comes to my investments, i'm supposed to just hand it over to a broker and back away? that's not gonna happen. avo: when you work with a schwab financial consultant, you'll get the guidance you need with the control you want. talk to us today. but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousands of companies simplify how work gets done. how's that for an encore? with xerox, you're ready for real business. >>> welcome back. heeding toward the close with the dow and s&p, headi
up, google executive chairman eric schmidt will be with us explaining why famed technology expert dan nilest his position. we'll also get his thought on the nsa masquerading to spy on web users. i am today by luck. i put in the hours and built a strong reputation in the industry. i set goals and worked hard to meet them. i've made my success happen. so when it comes to my investments, i'm supposed to just hand it over to a broker and back away? that's not gonna happen. avo: when you work with a...