then we'll get into herbalife. which was down and up.ry to give our viewers insight into that. we have the largest medallion financier in the city. it's like a license, the medallion. >> it costs millions. >> a million. and it's going down since uber. this entity, melrose credit union is threatening a lawsuit against new york city saying the city is essentially allowing uber operators to steal money that should go into the pockets of cabdrivers because they're not enforcing the law. the law involves street hails. uber is equating -- melrose is equating the street hail, taxi, i need a taxi, to the uber app where you walk -- where you just say, i need a taxi -- >> is that a fair comparison? >> they say it is. i think under the city law. it is a fair comparison. it's dirt different than calling ahead and saying, give me a car in an hour. this is rapid fire. (?) call an uber cab. no difference between that and what they're arguing, a street hail. that's what it's about. they're talking 15 billion-dollar lawsuit. that's a big number. i can't

unclear exactly what benefited and what hurt herbalife, obviously a moving target in the last year or so. obviously had a very bad last 12 months or so, more strength recently. other top holdings in the portfolio as of last check, anyway, was allergen and air products. curious to see what language they come out with in a letter. for now we know their performance is certainly better than the market's, about in line with 3.3%, not a whopper. but respectable, especially given the benchmark. >> kate kelly, thank you so much. we do track on "fast money," a lot of holdings, herbalife being one of them. >> i think he'll wind up being right in terms of what his views are. it had a huge flush to the down side and since recovered. 42ish now. i think the stock trades low 30. it's huge. i'm not saying folks go out there and short. this is for the $100 table. you don't want to mess around here. >> higher than that. >> this has been going on forever. when do we get some real details on this? doj, massive investigations into this process. when are we going to have clarity? how long is this going to

did not want him to die in the lieutenant said hook him up bounty hunter in and watch the show ted herbalife with steve mcqueen he was bad guy a gond good guy and i thought that could be me and i have that knowledge so when i got out and went to a post office to gut the top democrat in one of them and 36 years later here we are. kennedy: what is the difference? you talk about law-enforcement a lot to there is a lot of discussion about the militarization of police and cops being more heavy-handed now than they used to be but what is the biggest difference from what you do and typical law enforcement? director date the only difference is cameras. we did not have that. the abuse is with anything. nowadays they used by the camps and the dash can and if you chase a guy like that for a couple of days you cannot wait to get him to pop him with the if the camera is running you will not cop in the more they will slow down. kennedy: deal like that? >> should be mandatory absolutely. yes. it will save their job. all these criminals i am going through texas right now 11 are lying. he wrote out a report

the herbalife diet. and in comes charlie.ves are off as the battle between guru jeffrey and trian ceo nelson peltz continues to heat up. back up a bit and explain how this began. charlie: peltz is in du pont. demands board seats. an op-ed basically attacks peltz saying he's a short-term guy. larry fink attacked him. attacking people. and son enfield who heads the yale school of -- in this op-ed that peltz is basically -- his returns stink. that's what he said. they lag the s&p. and guess what, his returns are worse than du pont's stock returns over the past year. peltz came back and basically said, you're cherry-picking my numbers. this thing boiled over to some business television, and the latest thing is this, sonenfeild. this is a letter that we as fox business exclusively obtained. it accuses peltz of spreading falsehoods. mischaracterizing his relationship with du pont. what sonenfeild is saying, he would like peltz to stop mischaracterizing ms. relationship with du pont. he's being paid for their defense. that's where w

with herbalife and then to spend $50 million?ket situation is bad old simile the stock will go down 92 spend 50 million to prove a bad company is a bad company. >> it is personal. i think he is determined the legacy is impacted by how the battle turns out subtle thing that situation subjects itself to that analysis. charles: also lumber liquidators. these companies become evil they have to crush them. but what do you make of qualcomm with those gains? >> it does make sense to us some street with the big technology companies. charles: is that the street saying we will not be pushed around? >> it is possible qualcomm will eventually enact changes. charles: so is the buy on weakness? >> and expect more of these situations than this is the systems to be next to separate their technologies. charles: the earnings for tomorrow the direction for the entire summer. when we come back. ♪ ♪ if legalzoom has your back.s, over the last 10 years we've helped one million business owners get started. visit legalzoom today for the legal help you n

liz: this sounds like ackman going after herbalife, evil. >> yeah.crazed at -- i mean, i don't think he's doing all the stuff bill ackman has dope. bill ackman has more resources, but what -- whitney has said some very violate dent comments about -- strident comments. you've got to ask yourself why aren't they suing if he's saying that? be i raised the question what would a logical person say, you know? maybe -- you know, i don't know. i'm not, i don't test vinyl, laminate flooring. i'm not an expert at. if i listened to whitney and his guys, they made compelling arguments. i listened to lumber liquidators, they make compelling arguments. liz: this is a stock, by the way, that was $96 a share. today in the wake of all of this it's $33. >> right. yeah. liz: it's come back, but it's been a finish time. >> yeah. they had same-store sales today that did better, so the stock is up a little bit today. the controversy following the "60 minutes" report habit totally -- liz: yeah, to the far right of the screen. >> hasn't totally crushed the company's sales.

speaking of herbalife. let's go to bob in florida. >> caller: great following you. i'm an action alert follower. wish i had gotten on board earlier >> you support us. thank you. what's going on? >> caller: i'm recently retired. i've saved up well over my lifetime, and i've looked at what the longevity of my savings, and as long as i manage things well i'm in good shape. >> 65% right now allocated in stocks split about halfway between what i follow you with and the other half in index funds. >> okay. >> caller: and then the remainder is split between bond funds and cash and, you know the cash fluctuates up and down. >> sure. you're doing it exactly right, teach you in action alerts. >> caller: well, i've been paying attention then. >> thank you. >> caller: thank you. >> well, you've got it dead right, doing exactly what i like. no criticisms. if anything i just totally endorsed that. trying to spot a raging buy? here's a tip. when you see insider buying plus heavy short interest and then a buyback in a dividend well you've got something. just be careful to avoid a si

and one more line herbalife's shareholder telling us last night he has no intention of eliminating his or making any major changes. there had been some speculation he might be looking to change his position after he changed his filing status with the s.e.c. you can see shares off nearly 6%. >>> one way to view domino's, it's a tech company selling pizza. reshaping on all major platforms. phone, web tv and voice. it's part of what domino's calls in its words, the anywhere program. stock up 30% in the past year. joining us now is domino's ceo and president. you brought us some stuff, we're going to definitely check that out very closely. in a second. your ears may have been ringing. we talked about domino's a few times because we kick back and forth mcdonald in exactly the way they should approach. and off camera i called it existential moment. in corporate history, which you presided over at domino's a couple years ago, but i now hear is in textbooks for -- that's where the expression comes from. a textbook case of how to handle something. you know what i mean? because you did not decid

this time, it is not about herbalife. his concerns about your student loans.d more tough love. stay "in the loop." ♪ betty: michael holland's thing with me and olivia sterns joining us again. -- holland staying with me. bill ackman talking credit markets. the biggest risk to the markets is to do loans. he told a group at a conference that a trillion dollars in student loans that is outstanding and there is no way that borrowers will pay it back. olivia: it's a scary amount of money. michael: he said one of the problems here is because these people when rates go up, are people who protest things. the conference he gave that comment add, they were -- there were protesters. we have a situation here where the next president is going to forgive the debt. betty: there will be a bailout summer. michael: absolutely. betty: who is on the hook? olivia: my taxes will go up? betty: members of the s&p looking to avoid scams. 10% of the companies are partially exempt from u.s. taxes . what is the reason? texan versions. deals that let their headquarters move overseas. i tho

we think avon herbalife, that kind of mod snel. >> i would not.business model is a combination. we started out as an insurance agency and we have added over time great dynamics from other business models including the franchising model. we're in the securities business. i would say we're a blend of a number of different kind of models. >> they're signaling you have to get up to the balcony. the first thing you tell me on your capital plan is buyback. is that the best use of capital just to buy back your stock? i know a lot of companies do that these days but what about putting it to use, creating more jobs out there? >> we're always looking for alternative strategies as well. at the same time we keep our ear to the ground we haven't made any commitments and we're not close to any alternative strategies but we have an open mind to what else might be out there as well. >> i know you have to go. good to see you. congratulations. new ceo of primerica going to be ringing the closing bell. >> thank you very much. >> thank you, glenn. and that closing be