let's ask elizabeth macdonald.ally -- there is also a lot of information. look at the list here about the number of companies that are doing it. general electric, 20 different facebook and twitter feeds. netflix, the ceo is even using its own personal facebook page. youtube channels, as well. also, dell, exxon and johnson controls will start disclosing different information on their social media pages. one analyst said this could turn into a wild west of disclosures. this makes it feel like there is more transparency on company information. the bottom line is that these companies still have to disclose information to the sec and what are called 8k filings. let's look at the banks loosening up on social media for their own workers. they are biting their own workers access their own social media websites while at work. prior to that, they were not allowed to access these social media sites while at work. it is always a danger zone. you never know. dennis: wait a minute. and 8k filed with the sec is seen by far less p

elizabeth macdonald. liz: there is a lot of uncertainty out there.g to play it safe. let's take a look at the companies that are basically using social media to expose their information. you will see facebook and twitter and there. netflix and automation have five a piece. zynga has three plus different ones. here is the deal, i mean, i will tell you something, transparency feels really great and sounds really great. it makes it really confusing four investors and where they should look. here is another trend that is happening. if you work at a bank, you cannot go on social media. now, the banks are loosening up those rules. they are considering letting workers access their own facebook pages that work. one of these guys could inadvertently disclose important information. this is just a minefield i want to warn viewers about. if you see a stock rocketing around for whatever reason, you have to watch out what is happening here. we know that the sec is letting customers do this. reed hastings at netflix put on his own facebook page information. tracy:

before we meet the lady herself, this is what elizabeth macdonald had to say about it yesterday. >> whenman you have a bigger gene pool to choose from, the longer you take, there are less people to choose from. stuart: somebody was having a go at you. liz: i think it was cheryl. stuart: let's bring in the author of that article joining us on the set. welcome to the program. first of all, when you came out with this letter, it was intense criticism, really, really angry stuff directed at you. i think things have turned full circle, people are agreeing with you. >> the crazy people came out first, meaning yelling, and then people look at the substance of what i said rather than the words i used to say it and recognize it is pretty sound advice. stuart: what is wrong with you in college partially a marriage market. >> specifically for young women, this was intended for a very small audience, the young women on the campus of princeton, even more specifically a subset of that group, women who want to be married and have children in a traditional way. stuart: you were called a sexist for this

stuart: and elizabeth macdonald is here and she's going to make fun of me. >> if you got a tattoo it'd and wondering if your kids are going to get that tattoo. charles: that's a good one. get the tractor on one side and the flip-flops on the other. >> exactly, with the lovely white sox you wore, that was a cool look. stuart: are you gone or just digging a hole that's about 3000 feet deep or what? a john deere tattoo wouldn't be that bad. right up there. >> really hot. stuart: that's a stock recommendation. all right, here is what we've got, by the way, you're going to make fun of me for this, microsoft is way up this morning. i just saw it go by on the tape, 70 cents and-- >> you can retire now. stuart: not quite. new at ten. take the camera off liz. >> please, please. stuart: new at 10, three major issues for top senate, flight delays, any relief and plans to spread the cuts elsewhere and second the boston terror suspects received welfare payments until last year, outrageous and the taxpayers funded it it, terror. and senator tom coburn is here stuart: thursday, april 25, and look at

elizabeth macdonald is on her way in and we've got this on the menu next. ♪ >> france's 75% top tax rate this time, they're going after the country's soccer teams. they are now included in the new tax rate and this new law stipulates that companies not individuals will foot the bill and under the law soccer teams are a business company and therefore the subject of the tax and this could cost the french the top players, could that change socialist minds? he asks. and now, i'm intrigued though because without making a joke of this, i mean, it now applies to companies, not individuals. and they couldn't make it stick to individuals, mr. depardu left. >> yeah, they're soaking the ri rich and now the soccer players. >> and you were way off sides going after individuals and they rejected his move to soak the rich. and rich individuals, so they, what the president did bent it like beckham and said let's go after companies and soccer players are square off sides with this, and they could be leaving the country and they could wreck job growth in that industry. >> he's going to apply a 75% rate on

elizabeth macdonald is here with her on a line. she has been investigating this story.orld. >> if this trend holds for the first quarter, this will mark the fifth year that the hedge fund industry has led the performance of the s&p 500. that should give some encouragement to the viewer out there. i want to show you what his winners and losers are. the word is out that, you know, they sold stock. that is not it. they are too cautious. they bought into the wrong you may be able to beat the big guys on wall street. cheryl: what are the big, you know, the reasons we think hedge funds have so much leverage is because they have access to research. >> they are still losing ground here in these trades which is surprising to me. >> yeah, you know, what the answer is from goldman sachs and credit sweep is the market events and they were burned in 2011, too cautious last year going into this year, but they are making the stock bets that are not panning out as we just showed you. >> liz, thank you very much. >> sure. >> facebook home on android event kicks off, and live coverage an

elizabeth macdonald has all the details for us. liz: good to be with you.udge in the case made a really interesting statement yesterday. this filing does not mean that there is not potentially a serious issue. here is what happening with stockton. they are solvent. they have cut back their police force and fire department. it is seeing a record number of homicides. it is the most popular city to file for bankruptcy. the creditors in this filing, some of them took up to 80% haircut. stockton borrowed a lot of new money. what these creditors are saying, wait a second, calpers should take a haircut also. if we try to cut the tension, we would see a max exited out of the city. this good hit the supreme court. it is a case of u.s. bankruptcy law. they would be in there with other creditors. calpers is an big fights with other cities. they tried to do that and calpers bought that. calpers is also fighting riverside in california to try to stop it from filing bankruptcy. one thing that stockton has going for it and calpers has going for it, they can go into bankru

elizabeth macdonald in the newsroom. weather patterns are turning the economy around. dagen: some of today's winners on the nasdaq. ♪ ♪ dagen: breaking news right now from sandra smith at the cme. sandra: right now we are hearing about a system failure across from the cme group where options have been halted. they are trying to get things back up and running. this is affecting one of the biggest trading volumes over there. customers are having problems downloading information. this started happening earlier this morning. word came back that things came back online, but now we are hearing that they are suffering outages again. at least one exchange stopped sending business during this outage. they plan to reopen at 10:15 a.m. eastern time. that did not occur. things are still halted, delayed over there. we are working our phones right now to find out what caused this failure. we will continue to bring you the breaking news. back to you. connell: thank you for that, sandra. sandra smith in chicago. democratic lawmakers are

elizabeth macdonald joins us. i guess the question is steve cohen next?re hearing that he is the subject. he has now been charged with any civil cases so far. what we are hearing this hour is there is an intense focus on the e-mails that were exchanged and the firm. take a look at these e-mails. this came within days of the earnings reports. i have a second hand read someone at the company. be extra sensitive with the info. please keep the dell stuff especially on the down low. yes, normally we would never divulge data like this. please be discreet. he was talking to steve cohen about dell earlier today. nine current and former executives at sac capital being connected to insider trading. for our cooperating. we do not know if there will be any charges. when you take a look at what the f ti is saying about steinberg, steinberg was that the center of an elite criminal club were cheating and co-option on corruption was encouraged. back to you. connell: you. north korea's leader says he will build up that economy and also the nuclear program. the latest on t

dennis: elizabeth macdonald, they found that after that ap tweet happened, suddenly there was a 300%etreated this bogus report. liz: that is right, dennis. when not twitter feed went out and took many companies out. the question for lawmakers -- the fact that the markets are so hardwired to news flow and market news is now released on twitter and the fact that the sec is allowing social media to be used, you have to say, wait a second, the markets need another layer of protection. dennis: i cannot think of a more reliable more instantaneous medium right now than twitter. so much is utterly unedited and unchecked. why would wall street in its wildest imagination the attaching trades to twitter? >> wall street is looking for all kinds of information. they are always looking for that edge. the larger point candidly is how do we use social media and how do we use social technologies? dennis: who do you blame more in this? do you blame p or do you blame twitter because its system is not bulletproof enough? >> and perhaps also blamed the people who are relying on that information. i think

elizabeth macdonald joining us now.for. >> i want to get to the sales numbers. we are looking for improved sales versus a year ago. the real story line here is that you are an improvement and iphones expected. improvement and iphones are expected. i want to get to the quick debate. peak apple. that is what we are looking at right now. is it a value trap or a bottom fish stock? apple is trading with the same pe as dell. it has three times, triple google sales. apple guidance is below actual revenue. look at those numbers. their double digits there. it has made a downward revisions. it had lost $0.290 billion at the apple iphone5 was introduced. here is goldman sachs weighing in on apple they are expecting challenges. new products coming out in the second half of the year. also, lazard capital is saying the same thing. we do not know whether or not apple will say anything more about how it will use its cash for things like capital formation. we will be watching that. those are the numbers we are looking for from the stree

dagen: elizabeth macdonald has no shelf life. connell: she looks terrific. dagen: who will find a husband in college? they are all drunk dopes. every last one of them. liz knows that is a compliment. connell: thank you, stuart. good morning. i am connell mcshane. dagen: i am dagen mcdowell. connell: new numbers. look at this. the unemployment rate across the euro zone. dagen: you know her from the hit show "shark tank." where she is putting her money right now. connell: sorry china. we have those stories and much more coming up on "market now". dagen: top of the hour. i haven't seen you since last tuesday. do i get a hug? nicole petallides is at the floor of the new york stock exchange. nicole: let's take a look at the dow jones industrials. the dow gaining three quarters of 1%. the tech heavy nasdaq, the best of the three. certainly a great day on wall street. wanted to take a look, as the dow hit record intraday highs. the highest level ever. not only gaining, but hitting some new 52 week highs. if you own either of these names, you are probably pretty hap

with more, elizabeth macdonald's bottom line. >> this trend holds, this would be the biggest drop, weight is trading as it could be the biggest drop since gold futures began trading in 1974. we know goldman sachs has cut the 12 month price target on gold at 1390. now talking at 1300, but a big fight breaking out among the analysts would talk to. that is they didn't get it right about apple, so how can i get it right about gold? it is caught in a commodities selloff, a perpetuating cycle right now, trading down about $125 right now. the storyline we are seeing is the bear market after the friday drop, a two-day slump we have not seen since march '83. even going back to 1974. the s&p spider on the etf, the volume at a four-month high. look at this, five times the average daily volume versus the last three months. gold assets are at their lows. that is what we're watching in the action here. the other storyline we are hearing about with gold is at the housing market recovers, real estate recovers, they could be better inflation hedges. more productive than gold, and china growth stories. a v

cbs media access group at wgbh access.wgbh.org >>> >> your realtime captioner: linda marie macdonald r elizabethrack to collect 4 billion dollars me >>> good evening, i'm allen martin. >> i'm julie watts. in for elizabeth cook. >>> california is on track to collect $4 billion more in personal income taxes than originally expected. the state's legislative office said today the state has been posting strong tax collections so far this fiscal year. this news means a potential boost to funding for education, much or all of that extra revenue expected to go to public schools and community colleges. >> but it's not all good news. once again, contra costa supervisors are talking about closing fire stations. four have already been shuttered and as kpix 5's cate caugiran says, talk of losing more stations has people nervous. >> the impact is going to be tremendous to this area. >> reporter: a new budget was put on the table at this morning's board of supervisors meeting and two more contra costa fire stations were put on the chopping block. >> i know they have to cut but i can imagine cutting two more fi

caption colorado comments@captioncolorado.com >> your realtime captioner: linda marie macdonald >>> good evening, i'm elizabethlen martin. one part of a long and ugly dispute over police pensions in san jose is finally settled. the city and unions worked out a deal on benefits for new recruits. len ramirez on the savings and the worries it could drive away some of the best officers. len. >> reporter: allen, sort of a good news bad news proposition for the city of san jose. yes, there was an agreement on this one aspect of the deal as it relates to new hires. but no, this does not mean labor peace in san jose. new recruits to the san jose police department will receive the same training and face the same dangers on the streets as officers do now. but they will have to work longer to retire and they will get a stingier pension than those who came before. >> we have now the worst pension benefit in all the statfor law enforcemt. >> reporter: that is the police union president who says the city is penny wise and pound foolish when it comes to the new pension deal because officers won't stick with san jose. >> for

macdonald. >>> hi, everyone. good afternoon. i'm frank mallicoat. >> and i'm elizabeth wenger. michelle griego is off. >>> we begin with some breaking news. there is a possible breakthrough in the investigation into the boston marathon bombing. >> cbs news has learned that a possible suspect or person of interest may have been identified. cbs reporter randall pinkston is live in boston. he has the very latest on the investigation and a possible suspect. randall. >> reporter: cbs news has learned that investigators have identified a suspect who may have been behind the bombings tow boston marathon. his face was caught on surveillance video. cbs news confirms a possible suspect has been identified in the boston marathon bombing case. a law enforcement force says the young man was identified at the surveillance video at the second blast seen on a cell phone at the same time the first bomb exploded. sources say investigators zeroed in on the suspect after checking cell phone records in the area at that exact time. fbi photos from the boston marathon bombing investigation show the r

macdonald. >>> good morning. it is wednesday, april 17. i'm elizabeth wenger. michelle griego is off. >> hi, everyone.nk mallicoat. 6:31 the time. the fbi is appealing for any information that could help in the investigation of the boston marathon bombing. >> exclusive photos now from fox 5 atlanta show what remains of the boston bomb. the feds say they were made from pressure cookers packed with shrapnel. a lid from one of the cookers was reportedly found on a rooftop. tips have been pouring into the fbi. more than 2,000 so far and growing. cbs reporter susan mcginnis with more now from boston. >>> reporter: fbi photos show remnants of what they believe is a pressure cooker used as a bomb casing in the boston marathon explosions. when used as a bomb, pressure cookers briefly contain the explosion magnifying the power of the device. >> there has been some debris recovered from some of the rooftops nearby as well as some of the debris has been embedded in some of the buildings nearby. so that gives you just a kind of a scope of the power of the blasts. >> reporter: authorities say the bomber also fille

. ♪ ♪ >> your realtime captioner: linda marie macdonald >>> good morning, it is 7:26. i'm elizabethern from martinez is due to have more surgery in boston. he was hurt in monday's bombing. his mother says aaron has communicated that he is comfortable and okay. >>> a san mateo man saved his family from a house fire. he found his car burning this morning with the flames then spreading to the home. he got his wife and seven children safely out of the house. >>> no new bars will be allowed to open along a stretch of polk street in san francisco. supervisors approved the ban on a unanimous vote. they might expand the boon all of polk street. we'll bush they might expand the ban to you will after polk street. we'll have your traffic and weather coming up in just a moment. >>> good morning. liza battalones here. it's been a rough morning at the bay bridge toll plaza. still delayed for that westbound commute from the foot of the maze with those metering lights on still. past the traffic it does okay across the upper deck. westbound on the san mateo bridge you're still looking good at the to

macdonald >>> good morning, everyone. hey, wednesday is here, it's april 17. i'm frank mallicoat. and michelle has the day off. >> yeah. one more day off. and i'm elizabethet's go over and get a check of weather and traffic. here's a look with lawrence. >> a look with lawrence. a new look. >> feeling good today, guys. hey, you know, we have more sunshine coming our way today. the temperatures are going to heat up more so, fairly mild in spots right now into the 40s and 50s. could break 70s toward the afternoon. we'll talk about that coming up. >> we like that. there's no big hot spots on the road. so we'll check that coming up. >>> we begin with the fbi appealing for anybody information that could help the investigation of that boston marathon bombing. some exclusive photos from fox 5 atlanta show what remains of those boston bombs. the feds say they were made from pressure cookers packed with shrapnel. they will try to determine who built them. tips have been pouring into the fbi. more than 2,000 so far. cbs reporter susan mcginnis

linda marie macdonald >>> it's been a day of fast paced developments in the boston marathon bombings investigation in some cases too fast. good evening, i'm juliette goodrich in for elizabeth> i'm allen martin. the fbi is adamantly denying earlier reports of an arrest in the case. however, they may be closer than ever. cbs news has confirmed that a suspect has been identified in surveillance video. in it, he appears to be dropping off a black bag that may have contained the second bomb. investigators say the man was on his cell phone when the first bomb went off. he was then seen quickly leaving the area. investigators won't say how close they are to tracking him down but claim major progress. we have live team coverage starting with ken bastida in boston. we are starting to see signs of people's lives slowly returning to normal. >> reporter: yeah. that's right, allen. they are taking, you know, the developments today as good news here in boston. somewhat. the investigation is moving forward and people are feeling better about being outside. in particular, merchants have had a chance to get back to work. >> reporter: words spread quickly around copley square that something

marie macdonald >>> hoping to prevent a second round of sabotage, armed guards are being ordered, protect our bay area substations. good evening, i'm allen martin. >> i'm juliette goodrich in for elizabethve learned tonight pg&e has asked and is getting extra security at several bay area facilities following the sabotage of a substation this week. kpix 5 reporter linda yee is outside a pg&e facility in fremont where officers are now standing guard. >> reporter: well, juliette, right behind me you can see some of the heavy artillery. police have been here since tuesday when another pg&e substation was attacked by vandals. now, other pg&e facilities are also being fortified. but for security reasons, they are not telling us where or how many. heavily armed police guarded various points around the newark substation and supply yard. patrol cars parked strategically to block anyone from entering the property. pg&e says the extra security was added after another substation in the sauk bay was sabotagetwo da ago. >> we have made sure that additional security is located at our substations throughout our service territory. we are working with law enforcement to determine how best to move forward