shares of herbalife down today after it slashed its forecast for the year.he company is famously under fire from bill ackman who claimed it is a legal pyramid scheme. it is being hurt by currency fluctuations especially in venezuela. government regulators are still investigating ackman's claim. the economy did not grow as fast in the fourth quarter as we thought it. the government revised the gdp to 2.2%. that is down from 2.6 percent. consumer spending rose by the most in almost four years. businesses spend more on equip in an and development, offset by smaller gains in the widening trade gap. consumer confidence has cooled down from an 11 year high. falling for the first time in seven months. rising prices at the gas pumps and bad winter weather get some of the blame. consumer sentiment fell the most in the northeast and midwest. the snow has been piling up. the three cofounders of carlyle group -- david rubenstein, phil conway and daniel were paid a combined total of $800 million. the three founders of carlisle 800 million bucks is what they took him in 2

herbalife is down, why? >> herbalife is down because several hedge funds are selling positions.s increasing his stake by 80%. george soros. took money from exxonmobil and bought some herbalife. liz: that is interesting. [closing bell ringing] into utilities now. the bells ring on wall street. as we look and see how stocks finish -- finish up. it has been what the lower banner says. volatile day for stocks. fed minutes came out showing quite a bit of hesitancy moving forward on just single words like patient. makes you start to wonder if they are overly frightened, david how to proceed here. david: clearly they are. and the betting was right before these minutes came came out there probably would be a rate hike in 2015. even anthony scare my think may be changing his mind. that is not a sure thing it seems at all. liz: not at all. "after the bell" starts right now. david: let's get into the action.

herbalife is such a tough name to trade. two strong personalities there. you don't know what either one are going to do. i would stay away from them completely. >> the premiums are off the charts expensive. >>> we want to acknowledge the death of leonard nimoy best known for playing spock. we should all strive to live long and prosper. that's it for us. see you back next week on friday and on monday on "fast." "mad money" is up now. >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want to make friends, i want to try to make you money. my job is not just to entertain you but to teach you, tell you how it all works. so call me at 1-800-743-cnbc, tweet me @jimcramer. what doesn't kill this market seems to make it stronger. okay, we had a down day, s&p sinking 33%. but these down

penny and herbalife. that's when we come back. stay tuned.ise asked people a simple question: in retirement, will you have enough money to live life on your terms? i sure hope so. with healthcare costs, who knows. umm... everyone has retirement questions. so ameriprise created the exclusive confident retirement approach. now you and your ameripise advisor.... can get the real answers you need. start building your confident retirement today. >>> welcome back. dow is down 30 and s&p down 5. oil may have had something to do with that as it finished below $49 below a barrel. nasdaq still only 22 points away from nasdaq 5,000. i don't think it's going to happen today. we'll see. >> i want you to be here bill you can't miss that one. >> sorry. i've got to go to a warm climate for a few days. i'm sorry. >> understood. >>> buckle up everybody a storm is headed your way. dominic chu is joining us. >> it's warm in arizona and there are llamas. first up, jcpenney is expected to post earnings and a lot of focus on sales trends and comp store sales and ho

. >> i guess so, you can always sell herbalife shakes.ow, say what you want to herbalife, but liz and i -- i don't know about you, i got through davos and some of the food there is a little rich for my taste. liz: me, too, yeah. >> i got through davos with herbalife protein bars and i worked out every day. liz: and a production assistant read that and said, liz, i'm offended that you and charlie don't like our food. i said don't-- >> i'm weird about food. liz: very weird about food and we don't like our guests being threatened. we don't like our guest-- >> don't talk to liz and charlie, really? that's what the-- >> and i approached the gentleman and put that in quotes, who said the threatening e-mail or whatever they were, correspo corresponde it's not like i didn't approach him, i asked him why he did that. liz: because you're a reporter. >> i made sure he into you what we were going to do. liz: thank you, charlie and we're here today. lots of guests, including an exclusive with oscar de la hoya. >> really? is he in the studio? >> too ba

earnings are coming in, herbalife, j.c.t's more important, david asman will be here with me, even if you don't own the stock you see to see this. there's always six degrees of separation from other stocks you may own. and around the world, the federal communication companies approving stripped new rules for internet providers representing the government's most aggressive attempt to make sure the web remains a so-called level playing field. the ruling dramatically expands the agency's oversight for high speed broadband providers, talking comcasts of the world and regulating them like a public utility. joining me to debate whether it's a good ruling or a dangerous one. vimeo, and bo petersons, writer's guild of america, and policy senior institute fellow, paul singer. i'll start with you, right off the bat, larry, you as a content guy, how do you feel about the ruling? >> we're pleased that the fcc adopted rules ensuring an open internet. what our members who are professional story tellers want is access and to tell as many s

herbalife posted 11% drop in fourth-quarter revenues. profits also down a lot over the previous year. the nutrition company under ftc investigation and battling short-sellers such as billionaire bill ackman has changed some of its sales practices, and that is hurting growth apparently. herbalife was also hurt by currency headwinds. numbers are getting a boost. the stock kind of flat in after-hours trading. guidance was way down for the coming year. it is a historic day. the fcc approves new rules protecting the open internet. the rules require that all internet traffic be treated equally. it means internet service providers are subject to regulation for the first time trade -- time. here is the fcc chairman, tom wheeler. >> after a decade of debate and an open and robust year-long process we finally have legally sustainable rules to ensure that the internet stays fast fair and open. >> there will be a slew of legal challenges surely. verizon wasted no time poking fun at the rule, posting rebuttal in morse code. joining me is the chairman

plus, a rough ride so far this year for herbalife. earnings in a few hours.ucial ones at that after a couple misses. and awaiting the fcc vote on potential new internet regulations. we will bring you the word from d.c. as soon as it breaks. the trades you need to know when we come back. >>> the competition for trader of the year continues. six "halftime" traders, one epic battle. who will reign supreme in the ultimate portfolio challenge. keep up with every move on the "halftime report" and go to cnbc pro for real-time trading alerts, plus exclusive insight and analysis behind the trades. sign up now at cnbc.com/pro for your limited time free preview. the portfolio challenge on the "halftime report" noon eastern weekdays on cnbc. . >>> coming up on power lunch a vote set to come down to change the internet as we know it. the stocks that will be impacted. how safe are american skies? what some are asking after a dire warning from united airlines to its pilot. ibm investors meeting today. where is big blue going in david faber has an exclusive with the ibm ceo

herbalife crushed it. they absolutely blew them away, guess what?ing up, it's starting to waffle, you know the shorts are not going to take, it they're going to beat it down and beat it down. kudos to hillary, this stock would rock, she is 100% right, well over $100. looking fantastic. some of my recommendations are doing very well right now as well. monster soaring. ten bucks, hope it holds. looking good. great earnings report. and info blocks, blox is the symbol there. really good report, we're looking at 10% move if that holds, and splunk, earlier in the show, made a huge run, i took profits, we got into it. at one point 7 bucks higher. the last two fridays, we had big strong market rallies. we cannot discount the notion tomorrow could be a historic session. a lot of news to digest. again, these aren't necessarily household names per se but are names that move markets, they will get traders involved. take the victory lap on ross stores. what are you looking at for tomorrow? >> in terms of gdp revisions and all. i want to see what happens with eur

stephanie: who is selling herbalife? seems like everyone. the company that bill ackman has been bashing. we take a look at the latest filings. does not look like he has got too many opponents. erik: a federal judge has blocked president obama's executive order on immigration. we with how you more. ♪ erik: you are watching "market makers" on bloomberg television. top headlines. the ukrainian cease-fire is being ignored in one part of the country. pro-russian rebels have claimed control of a railroad junction. the rebels say 300 government troops have surrendered. a few days ago, all sides agreed to pull back heavy weapons. the leader of egypt is calling on the u.n. to get rid of islamic extremists and libya. sites were attacked on monday as retaliation for the beheading of 200 egyptian christians. president sisi asking for a coalition. do not expect iran's leader to go see "american sniper." the ayatollah says he has not seen the film but heard about the plot from other people. stephanie: learning way the world's top hedge funds are putting s

a lot of selling from herbalife. down over 10%. >> big move. the latest quarter was okay. those were fine. the forecasts blaming the strong us dollar. liz: now, we are less than 24 hours away from the berkshire hathaway annual favorite of warren buffett's leading the dow today. >> it a great performer. up 2%. how about monster beverage. that's been a great one too. liz: a cap of all those calories or more consumed by drinking soda. >> eighty-three or 84, he looks healthy. >> here come the bells on wall street. let's see how the game finishes the day and the month. the dow jones industrial down about 80 points. s&p 500 lower by six. the nasdaq down 24. russell 2000, not a record breaker today. that's something different. down five. guess what, so much to come after the bell starts now. >> let's get right to today's market. we have bernie williams of usaa solutions. lance roberts. and nicole petallides still with us from the stock exchange. and bob joining us from the cme.

. >>> we've got an earnings alert on herbalife. >> shares are pretty much flat in the after hours trade. the company did post a mixed earnings report, earnings per share came in above estimates at $1.41. consensus estimates were for $1.42. revenues came in at $1.4 billion. weak sales for the first quarter and for the full year 2015. that decline mostly due to, what else, global currency fluctuations. we have seen some of the air come out of the trade in the after hours. >> it really seems like when you're trading herbalife, it's really all about interest and where is it going on the activist side. to be talking about fx concerns to me is something that's a bit of a red herring. the stock looks like very good support, but i wouldn't want to own here. >> the 2015 guidance was awful. i mean, they took it down by almost 15%, 20%. so i think the stock -- if you had a nice bounce on -- i think it's in the next leg lower. >> huge reversal in 3-d systems. the stock initially fell after missed estimates moved to the upside after recent acquisitions will boost its 2015 profit, and then lost those

liz: and he's gotten very emotionally involved with herbalife.re were points where he was crying about how he felt some of the people there to promote the stuff have been misused and abused. >> yeah, and even jcpenney. that's when you think about tears is when a lot of people remember him or his position in target. both of which have been, as he will tell you himself, clear failures. >> that's what you got oucout of him. he said his worst attempt was jcpenney. >> i think it's worth noting that it's not the biggest dollar loss he took. he lost around $475 million on jcpenney. he lost more on target. more than 100 and a half billion. but, look, it was too hard. by trying to establish an apple executive, it was too much for a public company to go through that. maybe bought private it would be a different store. >> it made sense. but it didn't work out. i'm impressed by ackman. >> the fund is up 40% last year. if you're measuring by performance last year, it was the singular best performing hedge fund in the world. >> that speaks for itself. maybe he

you see soros on the herbalife trade added about one half million shares.w owns 3.8% of herbalife. this is the one that bill athens says is a pyramid scheme. we saw george soros as well as dan loeb cutting or divesting their stakes in y ps. the argentina state run energy company. we know had -- we know what has been going on with energy prices. soros sold about 1.7 million. loeb got rid of all of his stake in that company. soros, exiting other stakes, intel, apple and microsoft. betty: thank you, julie. get ready for $10 oil. that is the big headline of a recent bloomberg column. brent is now trading at about $61 a barrel. still way down from its june peak of 115. here to explain why this rebound does not stand a chance is gary shilling back with me and my guest host wilbur ross. gary, justified $10 oil. gary: cartels exist to be prices above equilibrium. so but he than their share. the leader of the cartel's responsibility is to a comedy by cutting his own production. the saudi's the leader of the opec cartel. they cut production and somebody else steps in

stephanie: herbalife's third-quarter earnings report was nothing short of disastrous.gain with a fourth-quarter report. bill ackman's well-publicized campaign against the company may be its biggest problem but it also has problems with the strong dollar. corey before we get into that it is sort of surprising that they are announcing earnings after the bell. that is not what we normally hear from them. bill said to me that even that is suspect. they know there is bad news coming. corey: if it were a friday on a three-day weekend, i think they might have more credence. it is a change the way they present information. i think it is useful to look at what is going on in this company and separated from this he said-he said battle. the wall street battle is not as interesting to me. the business is slowing down. when you saw the sales growth and the revenue continues to grow, but at a much slower pace. while the sales slowed down quite a bit, the profits slowed down significantly. the operating profit collapsed. stephanie: could it be that they are in the middle of a perfect

penney and herbalife coming under pressure. weight watchers wonder story and some are even concerned about the model going forward but coca-cola did well, those are some of the big stories resaw overall but in the meantime the traders are still looking at oil that will be to the downside may be going forward starting to hear more about the rate hikes and push back that will be of a story going into march and april. charles: here to help us out we brought lindsay backed the will help us to hash it out. and new to the show is gary one of the best guys in the business. they said the market never got any traction right out of the starting gate with the chicago number of manufacturing it was a rand is then later they found another three oil rigs. but the market didn't have that of -- bond. >> the last day of the month the best month since 2011 the dow's 6% energy stocks so i am okay with it. look at the economic news chicago was terrible and pending and sales at the 80 month high long-term great news either of mediocre. >> i am pick

. >> herbalife is an organization. >> yes. >> the jv basketball team. >> which is now varsity i believe. >> exactly. i mean, where is he going with this? >> bob, you've been on this before. but when he says whatever ideology it is, it seems that he appears to be more worried about islamophobia than the actual islamoterror which is a handicap. >> well, i've heard this discussion before. first of all can i repeat the beginning of the show? my butt hurts. okay. now, you can argue about his words he uses and the rest of it. and i think you're right the world does need a leader here but let's keep in mind that there's a lot of other countries sitting on the sidelines here. now, maybe if obama were more active, i'm not so sure. i think there are a lot of countries that out to be in it and are in it. i mean, how much more do you need? >> but we're talking about our guy who's also apparently bad at math. again, if you're at the max, how can you double the max? he doesn't get it. >> you know, let's also give some credit here. we're the only military that's engaged in this thing, really. >> that

bought some herbalife. liz: that is interesting. [closing bell ringing] into utilities now. the bells ring on wall street. as we look and see how stocks finish -- finish up. it has been what the lower banner says. volatile day for stocks. fed minutes came out showing quite a bit of hesitancy moving forward on just single words like patient. makes you start to wonder if they are overly frightened, david how to proceed here. david: clearly they are. and the betting was right before these minutes came came out there probably would be a rate hike in 2015. even anthony scare my think may be changing his mind. that is not a sure thing it seems at all. liz: not at all. "after the bell" starts right now. david: let's get into the action. recon capital kevin kelly who is investing heavily in europe right now. he will tell us why, how you can play it. wall financial's michael wall will give investors a way to play any potential downturn in the market. todd horowitz at cme. todd, we'll be talking about the fed but first i want to talk about oil because a lot of people were selling oil

stephanie: maybe coke and pepsi, you note we had to hit herbalife.ee that entire interview on bloomberg.com. i will sign off for market makers but i am not going anywhere. i will be spending the entire day here at the waldorf-astoria nba all-star weekend, not just about the boys on the court. i am here at the tech summit, a lot more to cover throughout the day. i will be signing off for the day and he week for "market makers" and i will see you next week. i will see you later this afternoon. thank you for watching. ♪ scarlet: bloomberg television is on the markets. let's show you where things stand. u.s. stocks shrugging off a dip in consumer confidence. the s&p 500 making new intraday highs, 20 94.74. it has taken its cue from europe where a report showed that the region's economy grew more than expected. nymex crude oil up by 3% on the heels of brent crude topping $60 a barrel for the first time this year. running the -- joining me is senior derivatives strategist. as u.s. stocks rise, the fix comes down, we are below 15. does no one want to projec

and you know what else we have to talk about, herbalife. >> that will be with him for a long time. don't miss her interview today at 5:00 eastern time with pershing square's bill ackman. twitter tries to hold onto social media influencers. more on that next. ♪ >> twitter has just acquired niche, a company that connects celebrities with social media opportunities. with me is someone who invests in early startups. you are familiar with nice's products. how does this make sense? >> i think it makes great sense and is consistent with twitter's overall product direction which is getting users to consume content that active users are putting out. a lot of the discussion on twitter is that it has not done much for the nonpower user. this allows consumers to interact with brands and with influencers. if you look at what is happening on tv, big brand dollars still being spent on tv but the audience and time are shifting and the dollars have not correlated. we have talked about this disconnect for a while but it is finally happening. one guy on buying has more members than the people -- numb

back to get it up on herbalife.a couple of years ago, that weinstein spoke about the london whale and bet against him and exposing the trade. it is a big event that i will be interviewing bill ackerman on thursday. if you will not be there, i hope you will watch. fabio: i will. it is interesting and people doing things for a good cause. stephanie: this thursday you can get tickets. you should watch. i will be there. or now, we have to sign off. did you enjoy yourself? fabio: i had a lot of fun. stephanie: that will be it for us. thank you for watching "market makers." ♪ approaching 56 minutes past the hour. bloomberg television is on the markets. avoiding a third day of losses on a deal to avoid a greek debt default. earnings from companies like coca-cola. it is the worst performing sector in the s&p 500 with crude oil prices sliding at $50.80. join me for today's options insight is kevin kelly the chief investment officer at break on capital partners. kevin are u.s. stocks more sensitive to the developments in euro

herbalife. expecting sales to fall. that stock is down about 10% right now. 18,191. break. ♪ opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. stuart: we have to deal with it. the address. tens of millions of people debating what color it is. brian kill me. i am kind of frustrated about this. what color is an $80 dress. >> they had a choice. the llamas or the address yesterday. together they really created half-baked. every community needs a linebacker. >> so many guys missed. i was embarrassed to be a human being. evidently, these llamas were hired to get therapy to senior citizens. the white one and the black one took off together. they took to the streets. good citizens were able -- you could pull a quad or a hamstring or a calf muscle. it did not matter. never walk again. we want to talk about the address. >> i say it is life lou and gray. obviously, they say it is b

: activists on washington's radar -- bill ackman seems to be in contact with the regulators from herbaliferied about the activists? daniel: no, because it is a different have of activism. it is not trying to do something with public policy goals per se good as long as it is unlocking value commodity any people mind what they are doing. betty: shareholders least of all. olivia: looking forward to it. thank you so much that he knew. -- thank you so much, betty liu. everybody watch "in the loop" with betty 15 minutes from now. in the meantime, please answer our twitter question of the day. ♪ tom: good morning, everyone. "bloomberg surveillance." surveillance. it is a european morning and we will look at fiscal policy in the united states could first, tablet lines from around the world. here is an and really cashiers brendan greeley. -- here is brendan. brendan: shinzo abe eight wants to end the restriction on the use of armed force in international disputes. last month two japanese citizens were killed by islamic state militants. a security council resolution has been drafted the targets extr