call fidelity at... for details about guaranteed income for life. >>> america's cashing in clunkers. the tally so far, 16,351 clunker owners have traded in their old gas guzzlers. the government's kicked in $68.9 million and $3500 and $4500 incentive deals. remember what you heard on this show earlier this week from the transportation secretary. those are for 250,000 cars to be traded in. time now to see if the rally lasts. it's "the closing bell." >> announcer: this is cnbc.com "news now." >>> two senators have introduced a bill that would give the fdic the authority to wind down bank holding companies. that would be an interim step until congress approves broad financial regulatory reform. new york attorney general andrew cuomo says bonuses paid to executives at tarp recipient companies last year exceeded company net income in some cases. >>> dow component walt disney is among the companies that will release quarterly earnings after today's closing bell. that's cnbc.com "news now." i'm julia boorstin.

call fidelity at... for details about guaranteed income for life. >>> i'm mary thompson at the breaking news desk. american express reporting continuing earnings of 27 cents a share. that was a penny ahead of expectation for the second quarter. the company's revenue, though, coming in a little light at $6.1 billion. analysts were looking for 6.3. provision for loan losses totaled 1.6 billion during the quarter, that's down from 1.8 billion in the prior quarter. in a comment the company says although it's still too early to point to any sure signs of an economic recovery the number of card members who are falling behind in their payments, the volume of bankruptcy filings, et cetera, is on the slightly better than expected. as such, if these trends continue they say that we expect u.s. lending operates on a managed basis to be below 10% in the second half of the year and they say that is lower than an outlook they gave earlier. just to give you some idea of how the segments did, u.s. card services reported

call fidelity at... >>> a big day for space exploration.ng some of the final preparations being made live in space for the first of five scheduled spacewalks. it's coming up at 11:58 a.m. eastern time. so about 45 minutes from now. two members of the 13-astronaut crew now housed at the international space station will venture outside to help assemble a porch. that's going to be used for outdoor experiments. those 13 astronauts under one roof is the largest gathering of astronauts in space ever. so we're going to keep our eye on that with the help of nasa on those cool pictures. >>> now the latest from washington, where the battle over health care reform is growing more intense by the hour. president obama is pushing his message this morning in his weekly internet address after making an unscheduled public appearance at the white house late yesterday. a message aimed at congress. >> the last few miles of any race are the hardest to run. but i have to say, now is not the time to slow down. and now is certainly not the time to lose heart. >> h

call fidelity at...>> and now to wall street, enjoying a rally this week. friday the dow closed above 9,000 for the second day in a row. it's the highest close since january. >>> the ford motor company is posting a $2.8 billion profit in the second quart irof this year. ford, the nation's second largest automaker says it's in the black because it reduced its debt. according to edmunds.com, overall sales for july are expected to be overall. joining us is the ceo of edmunds.com. good morning to you. >> good morning, how are you? >> i'm fine, thanks. i think i'm pretty good if these latest numbers are showing what i think they're going to show. tell me what you got. >> you got to put it in perspective. this has been a terrible year for car sales with every month not even getting over 10 million. i think for july we're going to see car sales, looking at about 10.5 million. the perspective is that historically we've been looking at many, many years now of over 16. so it's still not great but the trend line is

call fidelity at... details about guaranteed income for life, and change the way you think about your retirement savings. >>> fractional moves on wall street today. we once again bring back our guests. stepwood is chief market strategist with russell investments. and david darst is chief investment strategist with morgan stanley smith barney. gentlemen, one thing you both mentioned earlier is the idea that you want to be looking -- i guess someone else said to me fish where the fishes are. in other words, look at some of the international markets where you have huge populations. and when you mentioned china, i thought, does he mean that we should be investing in china or do you want to be invested in companies that actually have the exposure to that huge population? >> maria, i think a little bit of each is appropriate. there are china etfs that people can get exposure, make it much easier, lower cost, more transparent than it used to be, more liquid than it used to be. at the same time you want to own s

call fidelity at... for details about guaranteed income for life. >>> hi, folks, i'm matt nesto at the breaking news desk. a source close to the case tell cnbc that bernard madoff will serve his 150-year sentence at the federal corrections camp in buttner, north carolina. it's essentially on the outskirts of raleigh, north carolina. the research triangle area. now, the bureau of prisons per their policy won't confirm the location of any inmate until that inmate arrives. but a source close to this says it's butner, north carolina. the bureau of pripzs has a big facility there. their website indicates about 3,000 innamates in three facilities on this particular campus. there's a low, a medium security as well as a medical in butner, north carolina. >> thanks very much, matt. two big stories in the financial sector this week. we've got management moves at ubs along with earnings tomorrow from goldman sachs. our charlie gasparino offers his insight on both stories and both of those stocks moving all the fin

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call fidelity at...>> investigators in jakarta are still trying to identify the two suicide bombers responsible for friday's deadly attacks at ritz-carlton and j.w. play w. m hotels the blast killed 8 and injures dozens including eight americans. ian williams in bangkok, thailand. the country's president wrapped up a visit to the site. what can you tell us? >> reporter: that's right, chris. he was there trying to impress upon investigators the urgent need to track down those responsible for the attack which was the first serious attack in indonesia in almost four years. they really thought they'd put this kind of thing behind them, and it has come as a major blow to the world's most populous muslim nation. as they sift through the wreckage, trying to find clues to the identity of the suicide bombers, they're also searching for who might be the mastermind behind this. now, investigators say, they already believe they have a suspect. that person is malaysian terror fugitive by the name of noordin top, asso

market experts show you how through fidelity's extensive trading knowledge center.nd fidelity gives you free research from 15 independent firms, with accuracy scores... to help you decide which analysts to trust. find out why more and more active traders are turning to fidelity for a smarter way to trade online. trade like a pro. trade with fidelity. >>> i spent half the show last night wearing a necklace, talking about the strength of the incredible mobile internet tsunami, how smart phone makers are working. here comes no kia this morning, reporting a dismal quarter and saying that the global mobile industry will contract 10% this year. nokia talking about the market bottoming out. just bottoming out? well, on this show we've been saying it's rampant or at least that the smart phone side is ramping hard. so what is it? should we be worried because nokia reported a real bow-wow of a quarter? what's finish for bow-wow? maybe it's universal. should we get worried about apple, which reports next week and which i've said over and over will be huge because of its iphone

call fidelity at...or details about guaranteed income for life, and change the way you think about your retirement savings. >>> welcome back to "it's the economy." >> three financial firms are being investigated into for mortgage fraud. >> with us is jack gauge, associated editor at "forbes." jack, it is kind of a surprising story because we have not seen it taken to this level. the wall street journal is reporting washington mutual, you know, these were all part of the financial crisis, obviously, and they have been issued subpoenas looking for evidence of mortgage fraud? is this surprising to you? >> yeah, it is a little surprising, but i thing it is bullish for the markets that we have moved on to try to rewrite history and what happened in the mortgage collapse. i mean, you look at two of the members of the senate subcommittee on investigations. the chairman carl levin and john hester both voted for the bailout of fannie and freddie. going after the investment bank is just tin evidentable. >> come on

fidelity to the law. the task of the judge is not to make law, it is to apply the law. >> republicans will focus on one of sotomayor's rulings against an appellate judge against white firefighters who cham they were victims of discrimination. the supreme court reversed the decision, an indication sotomayor showed bias for minority firefighters. >> empathy for one group of firefighters turned out to be prejudice against another. >> reporter: republicans will question the statements she's made off of the bench in years past, including this one -- >> just bothers me when someone wearing a robe takes the robe off and says that their experience makes them better than someone else. i think your experience can add a lot to the court but it doesn't make you better than anyone else. >> it's exactly that. her experience in the courtroom that makes her qualified to sit b the supreme court. and there's nothing wrong with bringing life experience to the bench. >> is remarkable. completely appropriate. after all, our o

call fidelity at... for details about guaranteed income for life, and change the way you think about your retirement savings. >>> welcome back. boston scientific out with its numbers. it is narrowing the 2009 revenue outlook to 8.1 to $8.4 billion. you see the stock in the after hours session ticking slightly higher. >> the first thing that i notice is that the drug eluding stints, that's impressive. that is also something that can come back to bite you a little bit. it is such a dangerous area. the lawsuits that are involved with the stint world, they always pop up with the folks that are involved there. and that is what makes it very toxic. great night tonight. they hit the eight-month highs. >> absolutely. we'll keep track of the stock with the after hours session for you along with a lot of the other after hours movers like texas instruments. moving on time for the earnings edge right now, hasbro, the world's second largest toy maker reporting better than expected earnings today earlier helped by cos

fidelity to the law. on day one of her confirmation hearings, she declared the task of a judge is not to make the law. it is to apply the mrau law, a direct response to her critics who have accused judge sotomayor of being what they call an activist judge. the judge, however, did not address the controversy over her previous assertions that a, quote, wise latina woman would make better judgments than a white male." candy crowley reports now from washington. >>> so help you god. >> i do. >> reporter: her turn, sotomayor on sotomayor. >> many senators have asked me about my judicial philosophy. simple. fidelity to the law. the task of a judge is not to make law, it is to apply the law. >> reporter: it is the crux of the matter. how does the judge judge? >> there must be a vigorous debate about the kind of judge america needs because nothing less than our liberty is at stake. must judges set aside or may judges consider their personal feelings in deciding cases? is judicial impartiality a duty or an option?

call fidelity at... for details about guaranteed income for life. . >>> and welcome back to "power lunch," i'm darren rivell, lance armstrong currently third in the tour de france after 18 stages will be back for 2010. he will be sponsored by radioshack that will sponsor his new cycling team. interestingly enough, radioshack will also sponsor him as a psychist, a runner and a try athlete in 2010. and we'll have more on this deal in street signs. >> a jump in existing home sales, along with better than expected earnings helping to lift stocks today. but will earnings continue to hope fuel the rally? joining me now, jamie cox, managing partner of harris financial group. and ira, are you surprised by this rally? >> no. i think it's been coming. now we're getting people who are getting long in this market. the shorts have been really laid aside. and people are afraid that they're going to miss now what we've seen as better earnings going forward, and yes, it's the early part of it, and they're all starting t

call fidelity at... for details about guaranteed income for life, and change the way you think about your retirement savings. >>> welcome back to "fast money," we're live at the nasdaq market site. positive news for automakers as ford surprises the street and starting today dealerships can sign up for the cash for clunkers program. are automakers in for better days ahead. joining us is the acting ceo and president of hyundai motor america. great to have you with us. >> melissa, great to be here. >> certainly we're operating in a very different landscape from a year ago. you have some major competitors who are now profitable, being ford, some others are emerging from bankruptcy with fewer debt obligations. is this a more challenging environment for you? >> no question. it's challenging for the reasons you mentioned. the competition is getting stronger. chrysler and gm coming out of bankruptcy will be stronger competitors than ever, but we've managed to have ourselves a pretty good first half of the year.

she said fidelity to the law. loyalty to the law and then she went on to say my task as a judge is not to make the law. sounds like she, senator, is singing your tune. is that enough? >> well, she said all the right things in her statement. what i would like to do is have her reconcile what she said in her opening statement with the speeches that i alluded to earlier. that's where i'm going to inquire during my -- >> what about the ricci case? is that going to be something you will hammer away at as well? >> well, it is. i worry that the way she and her fellow judges sort of seemed to sweep that case by the firefighters under the rug, it took another judge to call them out on it, and then ultimately because of his dissent, it was agreed, the supreme court agreed to hear the case, then reversed judge sotomayor. we will have a couple witnesses here, firefighters, who basically were denied a promotion because of the color of their skin as a result of judge sotomayor's decision, both a hispanic and anglo. so it ought

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trade with fidelity. has the fastest hands boxing has ever seen. so i've come to this ring to see who's faster... on the internet. i'll be using the 3g at&t laptopconnect card. he won't. so i can browse the web faster, email business plans faster. all on the go. i'm bill kurtis and i'm faster than floyd mayweather. (announcer) switch to the nation's fastest 3g network and get the at&t laptopconnect card for free. >>> last week, the nasdaq's 12-day winning streak came to an end. and when it comes to stocks and especially when it comes to tech stocks, streaks really do matter. the nasdaq hasn't been up more than 12 consecutive days since 1992 when it had a 13-day winning streak. and last week's run topped the 11-day winning streak in 1996. these big runs aren't random, just the opposite. and it turns out, they're at the beginning of mega-bull markets in tech the last two times. ♪ hallelujah >> i think the nasdaq's latest rally has terrific things for the future. see, we've been here before, but no one seems to remember what occurred after those 1992

trade with fidelity. right now 1.2 million people are on sprint mobile broadband. 31 are streaming a sales conference from the road. eight are wearing bathrobes. two... less. - 154 people are tracking shipments on a train. - ( train whistles ) 33 are im'ing on a ferry. and 1300 are secretly checking email... - on a vacation. - hmm? ( groans ) that's happening now. america's most dependable 3g network. bringing you the first and only wireless 4g network. sprint. the now network. deaf, hard of hearing and people with speech disabilities access www.sprintrelay.com. ick today.ing you the first and only wireless 4g network. sprint. the now network. test test >>> we may have come in with a beat and a boost, but this week a controversy erupted between the company and the food and drug administration over allegations of quality control violations at a drug manufacturing plant. joining me live now from new york city and a cnbc exclusive to talk about the results and this investigation, is myla mylan ceo, mr. rober

my annuity from fidelity means my retirement income is safe. it's guaranteed, no matter what happens. if guaranteed income for life sounds good to you, do what i did -- let fidelity be your guide. call fidelity at... for details about guaranteed income for life. >>> all right. coming up in just a few minutes, whoa, apple earnings. and according to our friends at s&p, the last time apple missed was fourth quarter, 2002. the company has only missed three times since the fourth quarter of 1999. apple and yahoo! coming up today. >>> dow has rebounded a bit, up 24.5. thanks for watching "street signs." next the closie g bel ing bell maria. >>> house demes say they're hoping to bring a health care reform bill for a full house vote next week. they may stay past the recess to get the job done. >>> bob nardelli has returned to serb bris capital as an advisor. he was in charge of chrysler till they emerged from bankruptcy and former putnam investments chief executive charles heldman had been named ceo of freddie mac. i'm rebecca jarvis. >>> and there's a

call fidelity at...or details about guaranteed income for life. >>> president obama is in ohio, america's heart land, getting a tour of the cleveland clinic, a well-respected facility where many people choose to go and get high-end medical treatment. the president says it's the kind of medical care all americans should get and could be possible if they were more able to coordinate the way the clinic does. on the right, you're seeing kathleen sebelius. she's joining chris dodd and senator tom carper of delaware, talking about health care reform. let's listen to the secretary. >> about what's happening to americans and i'm just so grateful that the senators and their colleagues across the rotunda in the house are working hard on this issue, are committed to making the kind of change we've been talking about for over seven decades in america and under the leadership of the president are willing to move ahead. in the department of health and human services, we take health and human services very seriously. w

my annuity from fidelity means my retirement income is safe.ed, no matter what happens. if guaranteed income for life sounds good to you, do what i did -- let fidelity be your guide. call fidelity at... >>> stocks are near their session highs. the dow jones industrial average at its highest level above 9,000 for the first time since january. the dow, is s&p up 23 points. nasdaq up almost 45 points. the rally pushed oil prices to their highest in nearly three weeks. the rally itself driven by strong corporate earnings and housing numbers. >>> there was a rise last week in people seeking unemployment benefits. claims rose to 554,000. >>> and the ceo is stepping down, leaving the luxury sports car company after 16 years. the move expecting to make it easier for porto merge with vol. >>> welcome back. i'm davd schuster. >> i'm tamron hall. reports that osama bin laden's son was killed in an air strike this year. officials believe the 27-year-old was not the target, but was killed when the u.s. fired a missile at an al-qaeda target in western pakist

trade with fidelity. >>> all right. take a look at matell right now. reporting better than expected second quarter earnings, and six pens a share, a nickel better than the street was expecting. the stock currently trading higher on the day by 87 cents. doesn't sound like a lot, but 5.5%.1 larry. >> all right. better than a kick in the butt.8 ford motor is the last automaker standing on its own without any government bailout money at all. and so far, it is really paying off. check out the shares of ford over 160% this year alone, although it is trading lower today. but hope springs eternal.l. the day is young. now, the automaker is ready to test drive its new eco boost engine, and that could change the landscape for fuel efficiency vehicles. and cnbc's phil lebeau in boulder, colorado with the details. hello, phil.l. >> hello, larry. we hear so much about hybrids and electric cars and fuel efficiency coming that way. well, ford believes you can take the standard internal combustion engine and turn it into this, the new eco boost engine.. it allows you

call fidelity at... for details about guaranteed income for life. >>> welcome back. we're going to start off here on jpmorgan. obviously, on cit, anything i get we'll bring right to you. i'm hoping to have more insight into that situation past what we told you at 9:00 a.m. eastern. the overall market is looking pretty stable this morning after that huge rally yesterday. much better than anticipated. remember when you look at these revenue, year over year comparisons, even earnings, they didn't own washington mutual. there's a look at the market itself, which started lower this morning, but as you just saw, the dow jones -- actually, the s&p is let's call it flat right now. as for jpmorgan, kind of a mixed bag in some ways. some positive signs, somewhat positive comments on the wall and we'll hear from mike cavanagh this morning. not performing loans, $3.5 billion up from $3.2 billion from the prior year. the question is, are things continuing to get worse? if they are, some are saying they would have exp

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call fidelity at... for details about guaranteed income for life, and change the way you think about your retirement savings. >>> earning seasons in full swing, two-thirds of the company have beaten expectations one is coca-cola. joining us is john brock, mr. brock, this is something we don't often here in the year 2009, a company beats analysts expectations and boosts forecasts for the full-year earnings and boosts dividends, might be the only company that has done all three. how did you do it? >> well, we're pretty pleased as you can imagine with the second quarter results. we had revenues up 6%, profits up 12 both in u.s. and europe. and we exceeded wall street's expectations by some 16 cents per share. it was a combination of a whole variety of things, great brands, coke, diet coke, coke zero, monster, vitamin water, all working well in the market. excellent in-markets execution by our teams and relentless focus on cost control. little bit of help from commodities, better than we anticipated and exci

mark experts show you how through fidelity's extensive trading knowdge center. and delity gives you free rrch from 15 dependent firms, with accuracy scores.. toelp you decide which analysts to ust. find out why more anmore active traders are turning to fidelity for a smarteway to trade online. trade like pro. trade with fidy. >>> we heard that the tech sector will be what pulls us out of the recession. the pressure is on and we are watching three things this earnings system to answer the question. i can't wait to hear the three things. >>> in reelts, it's location, location, location. it comes down to commentary, commentary, commentary. intel will start us off and go from neutral, but what the company has to say about the current quarter and that will be key. they called the bottom to the pc industry. does that continue doing wonders for the net book sector. the profits should be steady, but how they characterize could offer a window for the likes of hd, dell and cisco as well as anything ibm has to say about customers overseas. google should is have a window on

call fidelity at... for details about guaranteed income for life, >>> investigators are focussing more closely on the doctor with michael jackson the day he died. they're trying to determine why two women who were employees of the doctor showed up at his storage unit and removed up to five boxes. here with more on what to expect this week is courtney hazlett. good morning. >> good morning. >> authorities covered more details in this investigation focussing on the doctor. he's michael jackson's personal doctor. is the evidence they're finding, is it leaving more questions than answers? or the other way around? >> totally. talk about a case here where every time we take ta step forward, we take a few backward. everything raises more questions than it answers. you saw that seizure take place the other day. out of that, lots of paperwork, but also two types of medicines. one of them basically makes up the first half of fen fen, that drug the fda removed from the shelves. it's a weight loss drug. has side aff

my annuity from fidelity means my retirement income is safe.t's guaranteed, no matter what happens. if guaranteed income for life sounds good to you, do what i did -- let fidelity be your guide. call fidelity at... >>> we're following breaking news out of the los angeles. you see traffic tied up as part of the airport has been evacuated. the suspicious package with a sound coming out of it at the el al counter. we've got the sergeant on the phone. what's going on? >> actually, the situation has been resolved for a few minutes. the population has been in progress and traffic is a little backed up now as we clear the central terminal area. shortly after 11:00, an item was discovered on a upper level of the tom bradley terminal in the bank of airport operators. because of this, the area was cleared, partially on the upper level and the bomb squad was called to determine what was in. >> what was in the bag? >> it turned out to be a consumer electronic item that was emitting an unusual sound and the bag had not been screened or gone through tsa scre

into a fidelity ira. man: okay, no problem. it's easy to get started. i can help you with the paperwork. um... this green line just appeared on my floor. that's guidance from fidelity. it's the route to your financial goals. could you hold on a second? whatever your destination, fidelity has the people, guidance and investments to help you find your way. this is going to be helpful. contact us today. >> larry: now, the debbie rowe part of the story. she was your nurse, right? >> yes. >> larry: they met i guess in your office? >> yes. >> larry: was it a real love affair? >> i don't know what love is. in that sense of the imagination. i think that she loved him very much. she admired him very much. but if you think they're running off in a horse-drawn carriage, i mean, we have to put what is a normal relationship. we go back to marie bone na part who once said to danny cay, he said what do you have to tell me that's different. and she didn't even know who danny kaye was. be found cured which means who have us is normal. what is normal? i'll tell you, was

call fidelity at... for details about guaranteed income for life. >>> welcome back to "power lunch." i'm mary thompson. the treasury department as part of the capital purchase program, the price tag $340 million. keep in mind, american express is the second big financial company to repurchase the warrants, goldman sachs being the first. now, when you include the dividends that american express paid to the government at $74.4 million, essentially that $414 million total paid to the u.s. government suggests that the treasury earned an annualized return of 26% on its investment in american express, which was one of the companies that, of course, received t.a.r.p. funds. that compares to the 23% return the treasury received on its investment in goldman sachs. again, american express, repurchasing those warrants from the u.s. government for $340 million. back to you. >> they didn't leave home without it. something like that. thank you, mary. big earnings week for oil companies, conoco out with results today.

call fidelity at... for details about guaranteed income for life, and change the way you think about your retirement savings. >>> i think it's a continuation of what we saw in the second quarter. partial inventory pipeline in the second quarter as well as some pockets of in demand strength. as we go into the second half of the year we expect a seasonal uptick, which you almost always see in the second half, and i should say that's off of a relatively weak first half, but we do expect the first half to be seasonally up. >> intel's chief financial officer stacy smith talking to jim goldman. intel setting the tone for this morning. that's sent through to a 125-point gain for the dow at this moment. our next guest says intel's results set the stage for the next leg of the chip rally. writing a price target on intel's 1850. you can see, 1793. not much of a move there. a market perform. so let's get to the bottom of it. tech analyst with capital markets. craig, saying set the stage for the next leg of the chip

call fidelity at... for details about guaranteed income for life. >>> welcome back to "squawk on the street." i'm david faber. as all of you know, of course, this has been a record year for m&a. record year for no m&a. and that more or less seems to be the case as the summer progresses. we did have one deal to tell you about this morning which may provide some insight into why we're not seeing more deals in some ways, i'll get to that. ibm is going to be acquiring a company called spss inc. to provide its clients what they call predictive analytics capabilities, all of that adding up to a 42% premium and a $1.2 billion deal. yes, i am talking about a $1.2 billion deal at $50 a share for, again, the aforementioned spss. let's take a look though at the stock as well because you'll see that it's quite a premium and that is resulting in as you might expect quite a move up for spss. there's ibm doing much about nothing. of course it's not using cash in this deal. there's a look at that nice, right? nice to wa

my annuity from fidelity means my retirement income is safe.guaranteed, no matter what happens. if guaranteed income for life sounds good to you, do what i did -- let fidelity be your guide. call fidelity at... >>> so it's only the most dramatic pictures of the week. a car on fire. a 4-year-old trapped inside that car. you come upon a scene like that, what do you do? a, run in and try to save the victims. b, call 911. c, stand there and videotape the drama, obviously somebody did that or i would not be able to show you what i just showed you. d, do nothing. >>> and you can go back to when somebody jumped in the icy potomac to save somebody. karen, we know what kind of person you are. you would jump right in? >> really? tell me, dylan. >> i will start with the professional, and then the amateurs like ourselves will express our opinions. it is clearly definable? are there different types of people? >> yes, there are. >> i can anticipate what they will do before it comes, right? >> yeah, the person that will jump in and help, and then -- >> how do

my annuity from fidelity means my retirement income is safe. it's guaranteed, no matter what happens. if guaranteed income for life sounds good to you, do what i did -- let fidelity be your guide. call fidelity at... for details about guaranteed income for life. >>> that's better. that's more up to date than the other one. fortune magazine's tech conference kicks off today and i -- what technologies will transform business? for today's tech effect we head to the conference in pasadena where our own julia is with the man behind the most innovative starts out there. >> reporter: i'm here with bill gross. ceo of e solar, an ee efficient solar energy company. what is the one technology that you would tell businesses they have to be watching out for right now that's going to change their business? >> clean energy will change the world. as a global demand for energy grows dramatically because so many people are being lifted out of poverty in china and india, we have to think of some way to make up the gap. the only way to do is with renewable energy.

call fidelity at....> > lclcomback to snbc liveve." i'm carloswatn.n. neww sppululatn senate democrats arare abandoning thehe hes ofof creaeati a a bartisan healtlth care bill. with me live to discuss this is independent senator bebeerer tn y -- bernrn saers from rmont. good to see you. >> good t toeehere. >>>> sator sandnder i i know you've been in suppt t a public optionutut single pair alth care pn. t t strong public optionn isn't on the table, doo youhihi you and otthe democrats w wou rather e nothing happepen is yeyear a a t tak a cncnce anand til next yea or other time? >>>> the cuenent health carere system is disintegrating. 've got46 millioion wiouou any health iinsance, more who a a underinsured. million a amecacanshat go bankrupt every s sgle yeyea 18,000 people dieie because thty don't have accccss to a dotor. so the issuee is t tha wewepend wholole llot almostwiwice as m as any oheher country, yett our outcomes arereworse. 'v'v got to deal with that issue. myiew is that we ne mprehensive uners

trade with fidelity. >>> tonight we're playing to catch a predator. and in the world of investing, unlike the real world, we love predators. companies that see weakness. and then they pounce. we want to own the stocks of companies that know how to take advantage of vulnerable competitors. so what predator am i talking about tonight? the company is bms. it is a mild mannered packaging company, one that you would never suspect has what it takes to be a true predator. the kind that doesn't get killed by arnold at the end of the movie or by the alien in the horrible spinoff slash the sequel. bemis is like the subdued cary grant in "to catch a thief." heck, you probably never even heard of bemis. even though you interact with this product on a daily basis and the stock symbol, bms. that screams buy my stock with its very initials. don't buy immediately. they just announced a gigantic secondary offer. it is selling 7.5 million shares. what an opportunity. and that is why tonight we have focused on bemis. so you can do the home work and get in on what we thi

my annuity from fidelity means my retirement income is safe. it's guaranteed, no matter what happens. if guaranteed income for life sounds good to you, do what i did -- let fidelity be your guide. call fidelity at... >>> welcome back to msnbc. >> the head of the blue dog democrats say health care negotiations with house leaders have collapsed. negotiations still continue in the senate though and majority leader harry reid and max baucus, chairman of the finance committee, were at the white house today talking to president obama about democratic differences in the legislation. the senate is not expected to vote on a health care bill until now after the august recess, but house republicans are asking for even more time. they say the president is trying to rush the legislation through congress. >> it took the president six months to decide how long and which puppy he was going to have and to expect congress to do something on major health care reform in six days is totally irresponsible. >> gavin newsom is the governor of san francisco and today,

call fidelity at... for details about guaranteed income for life. >>> we are awaiting news of a health care reform and savings over 10 years, john harwood wanted to get you on because some of the headlines we had seen on tax rates may not be what is in the legislation. what are you hear something. >> i'm hearing that the tax rate to help fund the house democratic health care plan will levy a sur tax of 1% on income between 350,000 and half a million. 1.5% between a half million and $1 million and that is a very steeply graduated rate at that top end over a million dollars a year. it will be very, very difficult to sell that in the senate, but for now democrats think they can get the vote for the health care bill with that 5.4% sur tax on income over $1 million. >> i'm just asking to start to get a sense here, do you have a sense of where the headlines may have come from and 3% for 500 to a million and -- >> i was told this has been in flux all morning. leadership aides said not decided. what we have seen

with annuities from fidelity. turn your savings into income -- guaranteed, and get retirement "paycheck" for life -- guaranteed. call... to get started, and learn how to secure retirement income that won't go down -- guaranteed. call fidelity at... for details about guaranteed income for life, >>> welcome back to msnbc live. i'm carlos watson. >>> now, in the final day before the summit recess, the house energy and commerce committee expected to wrap up work on legislation that would provide health care to nearly all 50 million uninsured. now, at the very at the same time time nancy pelosi is taking aim at insurance companies for proposing a public option. >> we want a strong public option in the legislation. insurance companies are out there in full force, bombing shock and awe against a public option. >> strong words. democratic congresswoman allison schwartz from pennsylvania joins us now. good to have out the show again. >> good to be with you. >> it sounds like things are intensifying not only speaker pelosi'

call fidelity at... for details about guaranteed income for life. >>> let's take a look at some of today's under the radar stocks. masco one of the day's big winners reporting better than expected second quarter earnings and raising revenue forecasts because of strong paint sales. could ventory health reporting a higher second quarter adjusted profit than analysts expected. the shiner hiking full year guidance above wall street expectations and pepsi america is reporting a 32% drop in second quarter earnings to $6 million because of the stronger dollar but excluding costs related to a joint venture, profit actually came in better than expects. >> two groups within the health care sect ser providing investors are some of the healthy returns today. rebecca has details on that. >> with the health care debate raging on in washington, it is interesting to note health care plans and hospitals are the top two performers as far as industry groups today. the story behind hmos is twofold. scott told you about cove

call fidelity at... >>> good friday. let's get to the op-ed pieces from "the new york times." >> this first one deals with the controversy surrounding president obama, cambridge, massachusetts police. "the new york times" writes about the fallout after president obama said the police acted stupidly after they arrested gates. quote, successful african-americans, whether they're sports stars, politicians are often accorded a more tortured existence. they're often employed as weapons in the age old campaign to discredit and even demean the disadvantaged. now, contessa, what do you think about that? i thought this was a pretty provocative column for brent because he said many of us may have been misunderstood barack obama. he clearly wanted to take about race the other night. >> he was pointing out essentially when we saw the president at the naacp anniversary dinner, the next day what we talked about was his challenge to black families to step up, parents to put their kids to bed early, but not a lot of time on his remarks

ll fidelity at... life, and change theay you think about your retirement vings. >>> welcome back to the "morning meeting." contessa brer as the latest on noonly michael jackson, but all news. >>> rit now the poli a nting for a killer in south carolina. les get to our reporter. at are you learning, n? >> reporter:hey, there. go morning. theyre calling him a seria killer. and they call him simply rderer. they are lookingor this man. we have a etch. they leave he is 6'2 with salt andepper hair seen dring around a '91 through ' explorer perhaps. and this person is believedo be involved in the rders of five people overhe past ten days. a lot ofolks are reminded about the strangler that terr terrized the time town years ago. and lice do not know ifthis man is trying toimic the murderer orwhat. >>> and stevecnr was murdered, shot fou times, twice in the head and twicen the chair. his bodyas found satury alongside a 20-year-old woman believ to be his girlfriend. investigators stopd short of calling the shootin

my annuity from fidelity means my retirement income is safe.tter what happens. if guaranteed income for life sounds good to you, do what i did -- let fidelity be your guide. call fidelity at... for details about guaranteed income for life. i'm sorry. i can't hear you very well. announcer: does someone you know have trouble hearing on the phone? dad. dad, let me help you with that, okay? announcer: now, a free phone service shows captions of everything a caller says. i'd like to make an appointment to see the doctor. announcer: to learn more about captioned telephone, call 1-800-552-7724 or go to our website. i'll see you at 3:00! announcer: captioned telephone - enjoy the phone again! >>> time to reveal who made the most money today. goldman sachs, reuters reporting they may out pay almost $1 million per employees in compensation and benefits this year. >> good for them. >>> final comment. >>. >>> see you in a week. >> take a look at wynn resorts. >>> triple l had a great day. >> we will miss you, guy. see you back at 5:00 p.m. tomorrow for mor

call fidelity at... for details about guaranteed income for life, >>> mike grogan, future husband, best friend had trouble believing what they began to hear. this is seattle, a ski shop where a man named heitman applied for a salesman job back in 1998. no one paid attention to one odd little thing. >> he came to us and said hi, i'm bob heitman. interestingly enough, his id showed us that he was steve heitman. >> steve, or bob, loved to talk about his military background, which was somewhat varied. >> first i was in the army, then n.a.v.y. seals -- navy sooels. he had not only been to war in operation desert storm. he had been a hero. awarded a bronze star and purple heart. one thing for sure. he knew how to sell skis. >> he knew how to sell skis. >> you heard him sell skies? >> oh, yeah. >> you smile. >> well, just kind of ad lib to make the sale. and he could definitely sell the skis. but he wasn't -- >> he wasn't telling them -- >> he was telling the them the truth. >> not only knew the equipment but s

call fidelity at...change the way you think about your retirement savings. >>> we know the nation's economy is hurting and states from coast to coast are feeling the pinch. pennsylvania's budget impasse approaching its fifth week so the pressure is certainly on for our next guest, the keystone governor, etd rendell joins us from -- i believe, new york. >> no, i'm in philadelphia. the president will be in philadelphia in an hour. >> so far we've had steve forbes, chris christie, mayor rudy giuliani is our guest host. >> so we're coming to you. big shoes to fill here. >> you'll be a great clean-up hitter. you can handle all of that. >> thanks, rudy. out of a simple request, can we just talk about baseball? >> it could be a philly/yankees world series. >> i think there's a real chance of that. >> i guess, what do you want to tackle first? i mean, we've talked about so far the health care debate over the last couple of months -- >> i would love to talk about that because i think in the long run, i think we a

that's guidance from fidelity. it's the route to your financial goals. could you hold on a second? whatever your destination, fidelity has the people, guidance and investments to help you find your way. this is going to be helpful. contact us today. >> tet offensive has still had its hot spots but one of them was that once beautiful little city of wei. if the communist intention was to take and seize the cities, they came closer here at wei than anywhere else. it was a tough fight. it was house to house, door to door, room to room. journalism has been his entire life starting in print, then in radio. then in television. he's done it at all, voted the must trusted man in america in 1927, once considered a presidential possibility. retired from cbs, now hosts the cronkite report. next year we'll look for cronkite remembers. were you ever seriously saying to yourself, might run for national office? >> no, no, i never did. never seriously gave it one moment's thought. >> larry: a little heady though. >> oh, sure. heady, and obviously, there's a lot to be gained in personal power by sim

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call fidelity at.. for details about guarteed income for life. >>> are you ready for the all-olympics all the time on television? we told you sun valley's known for media. it's not really called a media conference but a lot of media deals get done here. u.s. olympics committee announcing a new channel today in a deal with comcast. it's going to be devoted to covering the olympics. the goal is to keep olympic sports at the top of your mind all the time, not just every four years. the former chairman of the u.s. olympic committee, peter ueberroth. it's great to have you with us, peter. appreciate you taking the time. quick question for you. this deal, this is a totally new network, right? >> exactly. >> and it's starting on comcast but you'd like it to go elsewhere, too, right? >> yes. all the cable operators, we're talking to them, and we want it to be in as many homes as possible. >> can i read anything into the economy that you got a deal done, you're launching a new channel, anything like that, or wou

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