like groupon and yelp. these deals were classic trades. >> buy, buy, buy. >> sell, sell, sell. >> meaning they were only worth buying if you get in and you had to sell the moment the stock started trading. that's the essence of a trade. you're in and you're out. anybody approached these deals as a trader made out like a bandit. unfortunately, too many people treated them like investments. they couldn't get shares in the ipo so they bought them up in the aftermarket. even to that initial pop, the ultimate investing no-no. and something i'm always warning you not to do. anybody who bought those in the aftermarket has since lost money and in some cases, lost serious money. that's really unfortunate. there's still plenty of fantastic web-based companies. going public. you just need to be able to tell the difference between the winners, which you can hang onto, and the overhead losers. the only smart money is to -- the only smart move is to take the money and run. for example, there's a company called demandware

not like groupon. that's the way to make money.e break, i'll try to make even more money. >> announcer: coming up, cleaning up. fracking has unlocked incredible potential and profits for energy in the u.s. but at what cost? cramer is drilling down with the company that's cleaning up the mess. coming up, the ceo of clean harbors. can they make your portfolio sparkle? hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office. i can't hear you because i'm also making you a smoothie. [ male announcer ] marriott hotels & resorts knows it's better for xerox to automate their global invoice process so they can focus on serving their customers. with xerox, you're ready for real business. without the stuff that we make here, you woul

that story for us in today's after the bell report but first, groupon revises numbers and things look worse. hi, emily. >> the daily deal web site has revised its fourth quarter earnings down saying operating income was a $15 million loss instead of the $15 million gain it had reported. the reason groupon says in the result of a shifted deal mix and more-expensive offers with higher refund rates. the company refunds mb money to any user unhappy with his, or her deal, groupon says it was selling at higher prices which put it on the hook for larger refunds. it blim blames it on quote weakness, groupon has been working with a firm to correct the problem this, is not good news for building investor confidence bringing into question fundamentals of the business. taking a look at the broader numbers socks ended higher as we close the first quarter of the year. and shares of apple and google closed lower, trading had to be halted today in global payments after the processor reported a possible date aaa breech. shares plunged prompting the halt. reports say information of up to 50,000 custome

a new group deal for groupon. how you can use the company's upgrade and behind its plans to increase its silicon valley workforce. >>> also, peyton manning says no thanks to the 49ers. so what about alex smith? we go live to 49ers headquarters for some answers. >>> and, good evening, a wild weekend for parts of the south bay and the peninsula with hail and isolated thunderstorms. we are tracking a few showers on the radar. we'll have the full time on that and when oures bt chance of spring showers will be. he >>> things are dicey with the 49ers. peyton manning has chosen to go with the broncos. the big question around 49ers land and the nfl, will the 49ers kiss and make up with their other quarterback, alex smith. let's head to team headquarters in santa clara joined by our 49ers insider from comcast bay area, matt, nice to see you again. i understand you spoke with the team owner. why don't you take it away and give us the latest news. >> reporter: yeah, york was leaving the building on the day peyton manning dec

daily deal size groupon helping businesses with an on-line scheduling tool. gets can use it to specific things like hair cuts you can use it to find appointments and not through groupon as well. amazon has a daily deal web site dealing a $10 gift card today only at $5. started at 3:00 a.m. morning and more than of them have been sold in the first half hour. go to that amazonlocal website for details. a steakhouse is offering something today that i will have details on in my next report. back to you. >> thank you. we will have to guess at what that is. >> yes. steakhouse is good. it is 62 degrees. >> still ahead, if you ride o during rush hour, you'll used to being packed like sardines. how the transit will try to give you a little relief. marks the start of the blossom cherry festival. powell warm weather is having a huge impact on the big event. >> we will see if we can have a beautiful day today. it is a li what do you think of this one? really? what's this? this is a rose i made from a turnip. let's try together. perfect. two worlds that fit in one kitchen

not like groupon. that's the way to make money. after the break, i'll try to make even more money. >> announcer: coming up, cleaning up. >> announcer: coming up, cleaning up. fraking has unlocked incredible potential and profits for energy in the u.s. but at what cost? cramer is drilling down with the company that's cleaning up the mess. coming up, the ceo of clean harbors. can they make your portfolio sparkle? i've been riding since i was 17. flat out my whole life. ran into a pretty serious medical issue. i was prescribed one drug one place, another somewhere else. turns out if i had taken both drugs together, i'd have been in real trouble. but unitedhealthcare spotted the danger, and warned my pharmacist in time. we only get one shot, and i want to leave this life exhausted. we're more than 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. two of the most important are energy security and economic growth. north america actually has one of the largest oil reserves in the world. a larg

stamps 46 and a half million americans receive this aid that's up from one year ago the rival to groupon loving socialist turning up the competitive heat offering its first credit card with no annual fee ... it is designed to help merchants attract repeat customers >>some residents of milwaukee wisconsin are outraged over a recent offering by groupon ... it is a tour of the jeffrey dahmer hunting grounds the notorious serial killer met many of his victims at a local bar which is where the tour begins jeffrey dahmer killed 17 men and boys he was eventually sentenced and later murdered in prison by fellow inmates these walking tours are sold out and families of victims are extremely upset jeffrey dahmer's fourth victim was this woman's brother >>groupon has since pulled this deal but the tories are continuing with an independent company up in milwaukee >>if you have ever sent twitter message marketers may want to know about this and twitter seems more than willing to oblige them if the social networking services opening its archives and selling old twitter messages to a media monitoring co

at groupon, you have as many as you want.ly high end items, like laser surgery, where the customer was not a -- the company is reaffirming it's guidance for q-1 saying it expects revenue from 510 million to $550 million. >> health care -- let's take a look at the last two years, for example, while the broader market has given back about 20%. the t. rowe price has returned about $30 billion to its customers. joining us now is chris genre, he's the fund's portfolio manager. chris, good afternoon. >> what are you doing right now in light of what we know the coming decision from the supreme court? are you waiting for a decision from them in order to decide how you're going to invest in the health care sector? >> marie, we actually know the landmark decision is coming with oral arguments being made monday, tuesday and wednesday of this week. but the way we invest is really trying to find durable themes. and those durable themes i think will persist regardless i think of the uncertainty. we're forging ahead with what will work in t

the times when you've lost money, but witnessed the big run-up in groupon and everyone came in with groupony got happy. >> they did. linked in did all right if memory serves. huge move, underpriced but still trading in the 80s. >> home away is not good. it is good to get in. it is perfect. >> over to bob in the crowd over at the yelp post. bob? >> we opened $22.01, price stock was initially $22 to $25. that's a successful ipo. the price talk, $12 to $14, opens a price at $15, now open at $22.01. 1.2 million shares and we see jeremy stoppelman standing right behind us, talking to a number of his friends. what is beautiful about this, friends and families in, a lot of these people around me here, pull back a little, these are yelp employees that are here, brought in for the day, a big day for them. they have shares as well. they're taking pictures with each other. jeremy is over there. important thing is, stock opened very much to the upside. over to you. >> thank you very much, bob. here we are, yelp is higher by about 63% here. >> 7.1 million shares. you got to -- it is a win, you're right.

and, there are accounting troubles for groupon. after the closing bell, the daily-deals company revised financial results for q4 and fiscal 2011. the new numbers show a bigger loss in q4 revenue than previously reported. the company said there's a, quote, "material weakness in its internal control." in regular trading, groupon shares gained nearly 4%, but after hours the stock fell. meanwhile, three big oil companies reached a settlement today with the state of alaska, allowing them to build a natural gas pipeline in the north slope. exxon mobil, conoco phillips and b.p. reportedly would ship production from the field to a planned facility on alaska's south coast. alaska had threatened to revoke the companies' leases in the region because they had been slow to drill there. all three of the oil stocks gained ground on that pipeline news and may have also gotten a boost from higher oil prices. oil futures spiked earlier today on word president obama is moving ahead with sanctions against iranian oil buyers. the president decided to f

. >> you would rather buy, what, group groupon? >> groupon is an early model as well. but i think linkedin has shown they're the dominant player in the social media arena. >> porter, would you buy any of these? >> i think social media as a category is very but owant and is only going to get bigger. the problem i have with some of the individual stocks, look at yelp. they turned down an offer from google last year. google goes out and buys zaggot. zaggot is going to crush yelp when they make up its mind. they've got all the means to do that. yelp is getting 50% of their traffic from google right now. that's their vulnerability. >> am i any evnaive that a comp like yelp or linkedin or groupon that you would find it difficult to monetize these social media companies there? >> you're right on the money. that's where they will end up. >> so i'm a future investment banker here, i guess, that's what's going on. aaron, what do you think? am i off base on that? >> no, i think for some companies it makes sense. we know google took a shot at acquiring yelp. i think there is value

the groupon offered people a chance for a walking tour of dahmer's local bar.ace where he met some of his victims. dahmer was arrested in 1991 for killing and mutilating 17 young men. the victims' families say the tour is insensitive and in poor taste. they believe it's too soon for a tour since the crimes are only 20 years old. >>> prosecutors released new details in the sex abuse case of a former penn state football coach. the document released is more specific about the alleged abuse by jerry sandusky. it says that sandusky sexually abused boys ranging from the ages of 8 years old to 17 years old. prosecutors say the abuse occurred from 1996 to 2009. the incidents allegedly occurred in his home, on the penn state campus, and on the road during bowl games. sandusky is confined to his home waiting for his trial to begin, which is scheduled for may. he denies all the allegations. >>> okay. so what do you think is dirtier, a toilet handle or this thing, your cell phone? a new study shows the cell phone is the big loser in this battle. a new study from the london

the company that organizes the tour says it plans to continue offering them with or without groupon. study shows your cell phone is one of the dirtiest items you touch every day. a new study by the london school of hygiene says the average cell phone has 18 times more germs than the handle of a toilet. it's become so dirty that companies are now creating products to clean your cell phone. one looks like a giant blob of silly putty but can mold to any electronic equipment to clean it. >> like sort of a giant silly putty but the great thing is you can mold it into your electronics. you have a key board you can mold it in, pull it right back out and it kills all the bacteria and pulls out the dust and dirt and grime in between your keys. >> other options include using a u v light to wash over the phone killing 99.9% of the germs on your cell phone. >> that's what this bottle of purell says. i'm busy with my clorox wipes. this is disgusting. all clean now. now it doesn't work when it's wet though. all right. >>> coming up, a stunning security breach at a very busy airport. how a potent

it's useful to compare them to dotcoms that can't turn a profit, pandora, yelp, groupon.s a free online radio station. yelp is a vehicle for local deal ads, none of them profitable. they can all learn a lot from sitting down with the annual report of iac interactive. match.com is iac's biggest business. it accounts for a quarter of the sales but nearly half of the profits. match was the original dating site. it was the first one. but the key here is match.com's subscription base business with 1.7 million core subscribers as of the latest quarter. with match along with the smaller niche sites for specific demographic groups like seniorpeoplemeet.com, the polar opposite of sexy, iac is something proprietary that people are willing to pay up for. in other words, they bring you in and then they get you to pay, which at the end of the day is what running any business is all about. this is how the game is played. not by giving away a commodity product and hoping eventually to lure in enough advertisers to turn a profit. by the way, last quarter match.com's revenues were up 46%

the pike twitter is a big phenomenon and now we've had some some training action in those stocks groupon went public for example and so what are your thoughts currently on this sector and we only have about thirty seconds but are you still generally thoughts on the sector i mean this is typically the sector that people are going to get phone calls about they'll get a phone call that says hey mr jones you've got this social networking stock it's hot as a pistol there's one thing that i think everyone should be aware of and i'll probably write something about it right now some of the bucket shop which firms that still exist i've figured out a way to buy shares from twitter and facebook employees who need liquidity they're taking the shares they're bundling them in these private funds with escrow accounts they're layering fees on top of it and these are restricted shares of stock they're selling this to people as though they're buying pretty i.p.o. shares in facebook but in reality what they're really buying is shares of the fund that own stock that may or may not be sold at some point it i

put up groupon for a minute. i'll show you what happened. dropped as low about $13 and come back now trading essentially at $19. in other words groupon was a big name too and it's still not going. there it is. look at that. $19. remember went public at $20. elsewhere the hot stocks have all been very simple. it's been in that one cloud computing space. we've seen all of these stocks move to the upside. we're going to have a big one coming in about two weeks called demand ware. that will be the next hot one out there. after that of course facebook. brian, back to you. >> thanks. we'll check on yelp in a couple months and see where it stands. we're also watching volatile energy prices. sa saudis denying reports. sharon epperson tracking all the action at the nymex. hey, sharon. >> hey, brian. a lot of these traders were at home when that news broke -- when we broke the news as well that the officials had denied that report. it was around 3:30, 4:00 yesterday afternoon. and we saw a tremendous run in oil prices on the alleged pipeline explosion

and there is groupon. and it's a tough environment out there for these companies.at and t announced it's crimping data plans saying it will slow the speed of customer was unlimited wireless plans once they reach a certain threshold. they're going to experience slower speeds and those with long term devices get a five giga bite limit. stocks clogsing higher today, s and p closing at the highest level since 2008. the dow just below 13,000. and there is deeb yeah among the top gainors. finally in new zealand today, kim.com, a great name, out on bail talking and showing no signs of backing down. the up load founder said he'd fight charges and this is where he said he could be free on bail. access to 30 grand of his own funds. >> thank you, cory. >> i may go to larry.com. there is a great idea. >> a lot of sun out there. >> and there is a clearing trend and a big warming trend is coming. get ready to get out sun screen. we're going to go into 70s range hitting the weekend. there is a view towards the bay. you can see clouds, blue skies there. only showers we have are do

. >> rose: what's going happen to groupon. >> they've built an extraordinary company in a short amount of time. i respect they have 10,000 employees and it's a four-year-old company and is it going to catch up to them but so far the results look impressive. >> rose: so you think they're in a good place? >> don't see the data yet. time will tell but it's a hard to scale this business. there's a reason. we started the same time as a bunch of other companies and bigger than our competitors and groupon the next way. >> rose: do you grow by acquisition. >> we could. that's always a possibility. we've seen a lot of organic growth thus far but we would never rule that out. >> rose: what's happening in china. >> there's a company i.p.o..ing on this model >> we're not big in china. it's hard for american companies to do well there but it's a big opportunity for chinese company. >> rose: who has done well as far as american company. >> almost none. >> rose: is it cultural or something else? >> if we were end china we wouldn't have one competitor but 50 and things companies have trouble navigatin

markets, providing deals similar to groupon the new service will be able to people who have living socialunts with credit card information on file, it will allow customers to order take-out without having to talk on the phone. >>> olympics taking place in london everybody getting into the spirit even the penguins. they have their own olympic-style diving board. the head bird keeper had to tempt the penguins to get on the board. a few fish later, they had a taste of olympic glory and raced around the pool. we love the cute pictures, so we had to show. >> of course that's a gold medal performance. >>> we'll have a look at what going on this weekend next in what's hot. >> we'll be right back. >>> today at 3:00 the berkeley woman who won the marathon six weeks after she had a baby. she will share her secrets with lizzie and bryan. then the internet uproar over alicia silverstone's blog posts did weigh in on the risks. >>> california lawmakers plan to hold their own rally for trayvon martin. will they are forced to remove their hoodies like member of congress? >>> listen to these options, a bu

markets, providing deals similar to groupon the new service will b be able to people who have livingal accounts with credit card ininformation on file, will allow customers to o order take-out without having to talk on th phone. >>> pics taking place in london everybody getting into the spirit even the penguins. they have their own olympic-e diviving board. the head bird keeper had to tempt the penguinsnsto getet on the board. a few fish later, they had a taste of olympic glory and raraced around the pool. we love the cute pictures, so wewe had to s. >> of course that's a gold >>> > we'll have a look at whatt goon this weekend next honey...? [ mom ] yes. honey, i can't find my internet cord. oh, i'll borrow hailey's. you're downloa movies. fast! fromom here? where is her cord?! we switctched to at high speed internet and got wirereless acce. no more cords. wireless, okay, honestlyly, can i just get a cord, please? d, the e cord's invisible. [ female announcer ] call at&t today to get high speed internet for just $14.95 a month for 12 months with a 1-year price guguarant. 's the fasas

nonow he is gng aer groupon and livingsocial with his new take on a popular consumer trend.h joines us live via skype from massachusetts. welcome to "washington busininess report." i hunted you down when i saw y on a list of one to watch. your biography is fascinating. you are already considered someone who is a major market in the world of business. you first got started at the age of 11. u set up a company and you have representatives working poor you in india. they called you in interrupted you when youere in class at the age of 11. >> that is true. i politely told my teacher that i had to take the call. i got what we needed to get done, but the teacher was on happy. >> you are known as a doer. you set up contraband snacks and lockers. by the third day a unit $1,500 in profits but the princip shut you down. then you teamed up and started scvngr in princeton. what did you hope for the future? >> all of the cool kids were basically dropping out of school. we basically got this idea that i habeen playing arounund with of wt it would meano take video games and move them into

this is an on line retailers answers to sites such as groupons and living social. they are looking to draw in new and existing customers with the discounted gift cards. hoping that customers will check out the company's offers from spas, restaurants and other businesses as well. >>> first day of spring, that means it is time to line up for your special treat today. where you can get your favor italian ice treat and it's not going to cost you a thing. details straight ahead. >>> after two weeks of being courted by teams, manning has a home. whose jersey the quarterback will be wearing soon. we'll be right back. >>> good morning maryland. >> the baltimore county school board wants to build a school on the site of what is mays chapel park off of padonia road in the timonium area. a lot of people are against the idea. sherrie johnson is here to tell us why. >> tonight the school board will vote on this proposal. it's no secret overcrowded schools have been an issue. the board came up with a blan to relieve the overcrowding by building a school at mays chapel park. more

. >>> groupon wants to make it easier for you to schedule your appointments, find your discounted serviceey are launching an online scheduling tool customers can book appointments however it cannot be used for restaurants or hotels, the scheduler will be free from businesses who offer deals through groupon but other businesses will be able to use it as well. >>> coming up the empowerment movement one organizations push to get 1 million african americans to register to vote on easter sunday. i will sit down with the organizations president up next. >> tucker made it to the finish line we will chat with him about his first half marathon plus find out if it will warm up this week,. >> it will. >> we will be back with more in just a moment 9:23 a.m.  turn left. the passat is one of nine volkswagen models named a 2012 iihs top safety pick. not that we'd ever brag about it. turn right. come on, nine. turn left. hit the brakes. huh? how'd that get there? [ male announcer ] we can't hide how proud we are to have nine top safety picks like the passat and jetta. so we're celebrating with ou

tripper bus has a $13 deal with groupon. it's good for one way or you can buy two for round thip, a 48% -- trip, a 48% savings. if you're a local merchant for a deal with -- with a deal for our viewers, i'd love to hear from you on facebook. i'm jessica doyle, 9news now. >>> new information about the cleanup of ground water near maryland's fort detrick. the national research council is calling for more analysis of the health risks near that site. the group found fault with a 2009 study by the department of health and human services. that study concluded that exposure to ground water contaminated by the chemicals at fort detrick was unlikely to have any harmful health effects. >>> well, here's something to think about as you get ready to sit down and have some lunch. the group center for science in the public interest says carcinogens in coke and pepsi. the group says the problem with the caramel coloring is the issue. they say it's what gives regular and diet cokes that distinctive color. the group says the sodas have high l

it works like a groupon, offering daily discount offers to children with special needs. >> it is for all kids with all sorts of special needs from behavioral, mental, accessibility, special diets. you name it, we will have something for them. >> we are told the program is the first in the country offering special deals to special these families. you can signup through a link on our website, wbaltv.com. >> a fourth grader is being held a hero tonight. lisa robinson has the story of this small hero who managed to save her best friend from choking to death. >> she is definitely a hero, and we are really proud of her. >> the principle is talking about 10-year-old natalie phyall. she was eating lunch with her friend, romani cuffe. >> she was eating chips and one of them slipped down her throat. >> they had made a pact just a few weeks ago about just this situation. >> i told her if on one of us was ever to choke, the signal was to do like this. i thought that she was playing, but then when she did the signal, i noticed she was not playing to >> i did it and then she came over there and di

amerifield garden deals has a deal for groupon spring gard eps. pay $25 and get $50 worth of plant, supplies and landscaping services. just a word of caution here, though, this deal very well could sell out. and google offers is helping you clean up your car. get 76% off a full mobile auto detailing. auto craft actually comes to you. you're going to pay $59 and you'll get an exterior wash, wax, polish, buff, interior cleaning and sham poo. this detail also has limited availability. if you have an offer you've seen or if you're a local merchant with a deal for our viewers, i would love to hear from you on facebook. i'm jessica doyle, 9 news now. >>> they served our country and now five landmine sniffing dogs are ready for civilian life. the spca and other groups brought them back stateside and they've been reviewing applications from families who want to adopt dogs. all five animals were raised and trained in texas and they worked for private contractors in iraq to sniff out and clear land contaminated with mines in baghdad and southern rue mal la.

and it's the answer to groupon and living social. it's good every on amazon. >>> and it seems everything apple touches turns to gold. the company says it's already sold 3 million of the new ipads since friday. the device is available in the u.s. and nine other countries. it hits stores in 24 more countries this friday. joe, back over to you. >> all right. thank you very much, jackie. >>> hey, let's check in with rob. he's in for christina this morning. >> yeah, kind of weird. >> that is weird. >> we had a lot of rain last week, weird weekend. this morning, at least we're rain-free right now, it's kind of mild outside. we'll show you some of those temperatures in a moment, but what you're going to find is wildly different weather. you're going to see quite a bit of rain later on. but san jose south, we're going to be staying mainly dry for the next couple of days and through at least wednesday, mild temperatures, the weekend, though, that's a different story. the first weekend of spring looks cold and very rainy around the bay area. o

. >> if you love feasting on deals, a sample released today from groupon, they call it scheduler to make it more likely you will use the daily deal on the digital coupon site. you won't wonder when you can cash it in, you get frustrated if the merchant is not open. you make an appointment to make sure the deal gets done. >> you see a book now button. as soon as you buy, you book an appointment as you are making the purchase or you can come back later and book the appointment as well. >> the company is based in chicago, but growing rapidly as it becomes more of a technology company and they need to hire more techies in the months ahead. >> i was getting emotional watching the ceremony in oakland. then it got awkward. >> jim joins us. >> we will address that. let's focus on the smiley part. that was the jersey that went to the rafters. the wariers honoring the all time great. peyton manning headed to denver and after the year of tim tebow, how are the players taking the news? that's next from the sports desk. sweetheart. we need to talk. i've seen your stunts online. i can explain... jumpi

but only 25% of them are really trying to become facebook and groupon and all those. but that's 1.5 million small businesses. but those are the ones that we have to put some kind of everything nearing in place and support them because they will burst. but they could burst that, 1.5 million which -- there's about three trillion dollars of gdp in there. but they could burst up times, five times. that's some of the success that we're having with an experiment with dave. but that's the sweet spot in all this. the last one is we did a survey of fifth through 12th graders. it's hard to get a national random on these guys. we asked, will you invent something that changes the world? 45% of them said i'm going to do that. so it's a real high hope innovation question. the other one is i will start and run my own business.45%, to. so there's plenty of hope in the fifth through 12th graders. that's where you get startups. right now we only have 400,000 companies starting up right now. we need a million. so the second place where we've got to be is right there. here's t whether we

you kind of can see the whole future through, i mean, apple, groupon, i mean, obviously cars and a whole bunch of other things. if we don't export, none of this works. but those little guys are doing a pretty good job. within that 25% group, i mean, you know, the facebooks and that kind of thing those numbers add up really fast. but we've got -- you're spot on. it doesn't work just selling -- we can't sell enough stuff to each other to get the numbers we need. >> any final questions? governor malloy? >> you indicated that among the responses that you got, the word used to cover a multitude of sins was the word "regulation" and when you said you drilled down a little one of the elements that came forward was health care. health care, the provision of health care, financing health care, i presume is what you mean by that, the costs associated with health care and those businesses. that has very little to do or nothing to do with regulation as such and has everything to do with how we provide health care, what is the assumption about health care? you mentioned the united states military if