erica miller in manhattan with what could be one of the biggest buyouts in recent years of an american retailer. >> best buy founder has made a generous offer for the stores but faces an uphill battle getting the board to approve it. in a public letter. addressed to best buy's board, richard schulze says quote, "bold and extensive changes are needed for best buy to return to market leadership." he is proposing to buy out the company, using his own money, private equity funds and some debt. so would going private be the right strategy for best buy? >> it may make sense for best buy to be a privately held company, especially if you have the backing of private equity. with retail and turnaround experience. frankly, this company has a lot of work ahead of them to stay

erica miller, nbr, green point, brooklyn. >> tom: stocks had a strong day after the july jobs report with broad-based buying. the s&p shows the early pop after the employment numbers, with gains holding steady through out the session.h looking at the index over a longer time period, shows today's rally takes it over last month's high, continuing a choppy trend of higher highs and higher lows since the first of june. this is a three month high tonight. and the index is up 10.5% year to date. trading volume was 752 million on the big board. 1.7 billion on the nasdaq. nine of the ten major stock sectors registered gains today. they were led by the financial sector up 2.6%. the energy sector gained 2.4%. industrial up 2.1%. a combination of different financial firms topped the performance for the financial sector. online brokerage e-trade jumped 7.2%. this is one of the firms that had yet to return its business to knight trading after wednesday's software problem. investment bank morgan stanley is at a two week high, up 5.8% today. and custody bank, bank of new york mellon, gained 5.2%.

miller show." welcome to it. 49 minutes after the hour. 1-800-steph-12 the phone number toll free from anywhere. where is my hair and makeup -- ericaorning honey. >> caller: how are you? >> stephanie: i'm good. i'm decidedly less glamorous because you were not hereake eyelashes. >> you have your fake eyelashes. >> stephanie: she gave me a gift. a set of fake eyelashes. >> they sell them at the store. >> stephanie: erica, you were so awesome at the q&a at the columbus sexy liberal. thanks for doing that. >> caller: you know what? i had so much fun and i have to say, hal is the funniest man i have ever heard in my life. hilarious. >> stephanie: when he brought me on stage i grabbed his basket. i couldn't help myself. >> caller: honey he's gorgeous. i wanted to thank you because i think a lot of people -- came to the meet and greet after which was packed and fabulous. and so many people came up to me. thank you so much for telling your story. thank you so much for telling your story. stephanie made me. >> stephanie: we were chatting -- it is tiffany right? while you and tiffany were doing my hair and makeup because we were shooting fo