and that's xwhaktly what hess is doing.on't forget the company recently sold a small position on the eagleford shale, remember that's the most bountiful shale in america, including the bakken. to sanchez sn, which is still stuck right where it was when the deal was done. that's stupid. i think sanchez is a -- >> buy buy buy. >> who's next? nobody believed that decker's could come back from the depths it had fallen at the beginning of the year. plunged from $117 in 2011 all the way down to $38 at the time i added it into the don't just stand there mob. turns out that decker's had plenty of life left in it courtesy of a cold winter and a dramatic decline in the price of fleece. that's the key fluctuating ingredient. the stock went all the way to the 20s. but no one ever catches the bottom or the top. this stock has racked up a 45% gain since we said it shouldn't just stand there. but bizarrely, 30% of the stock's float remains short. people are still betting against this thing. i think a reinvigorated decker's has a lot of ro

after tax proceeds to hess..8 billion. so far this year hess has announce order completed sales in interests in the uk and texas among other areas. hess popping about 2% right now. david, back to you. >> hess involved in a nasty proxy fight with elliott management that owns 4.4% and we've reported on it many times. over five board seats and the annual meeting not that far away. after the break, the netflix stealth rally after clocking in as the top performer in the s&p 500. well, is the run coming to an end? plus, attention game of thrones fans and we have a celebrity, it's a medieval-style wedding it is coming your way. that's a little later on. revolutionizing an industry can be a tough act to follow, but at xerox we've embraced a new role. working behind the scenes to provide companies with services... like helping hr departments manage benefits and pensions for over 11 million employees. reducing document costs by up to 30%... and processing $421 billion dollars in accounts payables each year. helping thousa

>> i'm peggy hess.you next time on "celebrity whispers." [ cheers and applause ] >> jimmy: those were "celebrity whispers." stick around. we'll be right back with more "late night." [ cheers and applause ] ♪ aaah! aaaaah! theres a guy on the window! do something, dad! aaaah! aaaah! what is happening? they're rate suckers. their bad driving makes car insurance more expensive for the rest of us. good thing there's snapshot from progressive. snap it in and get a discount based on your good driving. stop paying for rate suckers. try snapshot free at progressive.com. using night-vision goggles to keep an eye on my spicy buffalo wheat thins. who's gonna take your wheat thins? i don't know. an intruder, the dog, bigfoot. could you get the light? [ loud crash ] what is going on?! honey, i was close! it's a yeti! [ male announcer ] must! have! wheat thins! [ jim koch ] why are these people surprised? they just found out they were secretly tasting sam adams boston lager. it's got a good color. it's got a good hop

. >> among the meetings with big investors agitating for change, hess' on may 16th. they want leaders replaced in 17 years of underperformance. and a proposal from the california pension fund counselors aimed at improving value by splitting steel and bearing businesses and a slate of directors looking like-to-be replaced. occidental petroleum, under nir in the past for executive bay, they now focus on directors wi the bod launching a search to replace steve chasen, supporters may seek to unseat directors who don't back him. in the wake of the london royal trading loss, jpmorgan's ceo and jamie dimon is facing removal. and they want to change how and how much they pay executives. the a fnch lnfl-cioafl-cio's an. >> where companies should be most accountable to shareholders but frequently are not. >> shareholders at five hermes, including navistar have voted against a compensation plan. it signifies to boards they need to change the way they pay top brass. for "nightly business report," i'm mary thompson. >> one of the most popular and well attended meetings is berkshi

and four, growth to greatness by edward hess and each of these courses each four weeks long e focuses off an entrepreneur who wants to grow his or her business. and five, design thinking for business ib novation which is a five-week course taught by jeanne liedtka to stimulate both the right and the left side of the brain. so i don't know if it is generational, but so many entrepreneurs of my age still write on post-it notes, and you? >> well, i write lists, hand written. >> handwrite it? >> every week, i try a new online service, and they are great, but when i need to remember it, i put it on a post it note and paste it on the computer. >> in is the app of the week called spring tab and it helps you the save reminders into an easy to visualize platform and then it will enhance it with relevant suggestions to help be more productive. and finally effortlessly save and access all of the information from all of the devices and the web and it is worth at least us trying. thanks so much for watching the show today and a quick reminder that you can find these segments and all of the others

smart growth for private businesses by edward hess of the university of virginia.o-part course, each four weeks long, focuses on common challenges facing an entrepreneur that wants to grow his or her business. and five, december sign thinking for business innovation. a five-week course taught by university of virginia's jeanne liedtka. i don't know if this is generational or what but so many entrepreneurs i know who are my age still write everything on post-it notes. even though there is all this technology out there. >> i make lists. that's the only way i get anything done. i write it -- i write it, hand write it. handwritten. >> every week, every month, i try a new online service and they are all kind of great. when i need to remember something i still put it on a post-it note and paste it to my laptop. >> this is for all of us. our app of the week. spring pad. free app that helps you save reminders, checklists and photos and more into an easy-to-organize visual platform. app then enhances your notes with relevant suggestions that will help be even more productiv

ross was invited back to grenada today where the flag was raised in hess honor. >> it was humbling to see this many people come out. i wasn't expecting this. not at all. come home and say hi to friends, not be met all this. >> his father has been with his son along the road to rehabilitation at two mill tare arery hospitals. this was his first trip home to livermore since the traumatic injure arey. >> he had well over 220 surgeries and procedures already and more to go through. these are the worst physical injuries that they have seen on a patient and had the patient survive. >> ross went out to the mound and did the honors of pitching the first ball. he got big cheers and applause when the pitch was declared a strike. the livermore community declared a circle of is support around ross that started with fellow veterans. >> they were instrumental in starting this. they have been phenomenal saying we going to dedicate the baseball game to jason and all of the veterans in livermore and it has taken many hands and many organizations being involved. >> reporter: ross told me that he is pro

you are covering a breaking ya tenemos noticias importantes en boston y tÚ estÁs descubriendo una hesstory, as well. >> following the massive importante Ísima tambiÉn. explosion, they say now that 12 >>> esta explosiÓn nos dicen que people have been killed, 200 injured and some are still missing. they are handing out flyers like hay doce personas que murieron 200 heridos y hay personas this, looking for people who haven't been seen since the blast on wednesday night. pÉrdidas con volantes, estÁn >> it is a terrible story in west texas. hablando de personas que no han visto despuÉs explosiÓn. we will check in with you often throughout the morning. >>> es una historia tremenda en we are following breaking news west texas, tenemos las noticias out of boston. de Último minuto de boston. we want to bring everybody up to con lo que sabemos en este date with what we know in this momento y son situaciones que se rapidly developing situation. estÁn desarrollando rapidamente, authorities believe they have 19-year-old dzhokhar tsarnaev surrounded. one of the suspects in the las autoridades dicen

time, value, money, the other deal is close to closing. >> you do not want to sell hess and you do notto sell sprint. too much is happening. >> those are some of the deals breaking in some form. >> when we come back, jc penney finally trapping that revolver. just how bad is the retailer's crash crunch. plus what a year it's been so far from netflix and it seems to permeate everything we do. btig's rich greenfield has been crunching numbers and he's been all over the story. take one more look at futures. a negative open here, but as jim said a lot of it resulting from what gold has done today. a lot more "squawk on the street" in a moment. just set your start and end price. and let it do its thing. wow, more fan mail. hey ray, my uncle wanted to say thanks for idea hub. o well tell him i said you're welcome. he loves how he can click on it and get specific actionable trade ideas with their probabilities throughout the day. yea, and these ideas are across the board -- bullish, bearish and neutral. i think you need a bigger desk, pal. another one? traders love our trading patterns, now wi

how overall is hess doing with his fund pershing square. >> surprisingly the fund is actually doing pretty well, much more than 6% and hold about 12.4 billion in assets under management if you look at their top holdings, canadian pacific railway and png are two big winners. looking through the relatively small portfolio, because he's an activist investor, most stocks are up. we soo action weakness with mattson, but the big losers, of course, is j.c. penney, with the huge negative reaction to the ousting of ron johnson. so, you know, ackman, it's still performing well, and it remains unclear how it will affect his current quarter. her alive, it will be interesting to see how the kpmg situation plays out. i would say it's probably a net neutral for the company. and investors are reacting as such. >> nothing to do with either ackman or icahn. it's apparently a rogue employ decree of kpmg. >> exactly. my only curiosity if the new auditor takes a fresh look, will it get a rubber stamp or raise any questions about the financials because of course the financials, the accounting, the way they stru

. >> hess. >> i like this name. management is in there trying to change things.tock is going higher. >> hold 'em. >> coming up next on "mad money," the books just closed on one of the best quarters in the years. what stock could help your portfolio continue higher? do not miss cramer's oil versus water in the worst to first plays. ill ill to come, we head west t scope out new opportunities in the second quarter. the viewer tweets making today's "fast money" cut. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ to enjoy all of these years. but i wondered what a i tcustomer thought? is great, hi nia... nice to meet you nia, i'm mike. what do you drive? i have a ford explorer, i love my c

ever since we learned about the death of mark hesse investigators have been pouring over the case filestry to find any clues to point them in the direction of someone who might have had a grudge against him. and want to kill these prosecutors. there's a great deal of attention over the last few days on the aryan brotherhood and perhaps mexican drug cartels that might have been involved in some way but we are learning tonight that this investigation is going beyond that. not necessarily the place where investigators are focusing. they're focusing on a lot of local cases there, as well. in fact, some public corruption cases that we have learned about. one case in particular where a man was convicted last year and he's out of jail and now serving probation. we're not naming him at this time but we spoke with his attorney today and he tells us on saturday night hours after mike and cynthia mclelland's bodies found murdered in their home, investigators reached out to this man and met with him at a denny's restaurant and that they asked him for a swab of his hands to test for gun residue. thi

drama around it, it has a lot of nervous investors around it, the one thing in ramie's note waufle hess says -- and thinks tim ramie's point of view, by the way, i want to make that clear, that he assumes herbalife will get a delisting notice, though he's very clear to say he does not believe this would happen, he calls it highly unlikely, but there's a lot 6 language being used by ramie. others say, herb, which i find shocking. >> he says there's no reason to feel differently about herbalife. the stock -- >> strong words to use when you don't want to feel differently about it, though. >> everyone is scratching their heads on this one. i feel there's more to come, and we'll be following it right here on "street signs." >>> story number two, this is j.c. penney and it's a big one. liz dunn is joining us. great to have you here on the show show. everyone who's an investor is asking one big question -- is the company near death? is it going to go out of business? >> i don't think in the near term they're going out of business. i think they have adequate liquidity, but this is obviously a v

we certainly saw that with hess being forced to make some changes.good point with the activism, for sure. let me ask you about what's vulnerable right here? >> we were talking before about financials. i think i mentioned it a couple of weeks ago. they're really not that cheap. bank of america, we still own some, have doubled over the last year, year and a half, went from 6 to 12. net interest margin is going to be a headwind. the mortgage business is slowing down significantly. >> they're also facing a contraction in loan growth, about a 2% contraction in loan growth for the fourth quarter. i think that's a real challenge as far as the business model. >> so you would sell going into the numbers on friday, jpmorgan and wells fargo? >> i wouldn't add to them. you might want to sell some, maybe goldman sachs a broker deal, but the big banks, a lion's share of their move. >> neiman is cautious, and i know the day that jeff cox goes bullish, we can all get out of the market at that point, right? >> there's your talk. >> we'll take a break and come back wi

hess, shares are jumping to a new annual high. highest levels since summer of 20 very much enas they make a -- 2011. as they make a sale to lukoil. this is $2 billion deal. they're trying to use the proceeds of the sale to return capital to shareholders. the shareholders are very loud lately talking about the fact they would like to see more shareholder value, and including splitting the company. this is some of the clamor from shareholders. this hopefully returns shareholder value for them. adam: thank you very much, nicole. lori: i am my mitigation reform clearing a -- immigration clearing a major hurdle. what had been one. biggest stumbling blocks. the agreement would allow between 20,000 and 200,000 illegal immigrants to come to the u.s. in low skilled jobs. marco rubio said a compromise on this important legislation is quote, premature. now for lou dobbs. >> hello. lori: where are we on this? are we more with marco rubio. >> i'm absolutely marco rubio on this he is the only adult as far as i can tell using independent judgmen

jon: forces a changed but probably not many votes hess way. jonah gold pwer thank you.ldberg thank you. jenna: what authorities say may have been a big clue that this building collapse was about to happen. they did not move quick enough on that. the dow taking a major dive yesterday wiping out tense of billions of dollars in moments. why hackers are getting the blame and what is next many coulding up. coming up. [ male announcer ] this is george. the day building a play set begins with a surprise twinge of back pain... and a choice. take up to 4 advil in a day or 2 aleve for all day relief. [ male announcer ] that's handy. ♪ by the armful? by the barrelful? e carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. jon: we are getting new information about a horrific building collapse. rick folbaum is following this terrible story from our newsroom. >> reporter: this is really tough, it's becoming more and more common unfortunately in bangladesh, jon, overcrowded,

. >>> cuando haces pelÍculas de terror hay un ambiente especial, porque la hess ristoria da mied general que son las ir nÍonÍas da vida. >>> vamos con la cumpleaÑero?. >>> sÍ. >>> y quÉ bonito todo lo que han hecho por mÍ esta maÑana no me merezco melo agradezco, gracias. >>> y bueno quiero que usted tambiÉn inicie esta maÑana con toda esa energia y Ánimo y muy bien informado. >>>es republicanos del comitÉ de presupuesto totalidad senado cal con americano la legalizaciÓn de indocumentados en la reforma migratoria le costarÍa a contribuyente unos 40.000 millones dÓlares en ayuda servicios mÉdicos, pero el vocero del senador marcos rubios que integra el grupo de ocho senadores que negocia el proyecto migratorio desestimÓ cÁlculos diciendo que es muy pronto para ser ese tipo prod yecciÓnes. >>> y solo crearon 88 mil nuevo empleos en marzo, menos de dos 268.000 de febrero, esto indican cifras del departamento del trabajo, y lo al a lo bueno que son casi 30 meses consecutivos que la economÍa del pais ha estado aÑadiendo empleos, y la tasa de desempleo cayÓ de 7. 7% a 7. 6% entre los hispano l

. >> dan hesse came on "mad money," charlie ergin's balance sheet when this deal is over, david? >> 4.75 times leveraged. perhaps as much as five -- that is including clearwire, and there are other things they may be doing and if we call it five times leverage to ebitda is a large number and what was cited by shareholders and pcs, you have to take debt away from this combined company because we need flexibility to fight with at&t and version sxon it costs a lot of money and that will be the key contention when it comes to softbank and why they don't believe this is a better offer than their own because it will lever a company up. >> a killer offering from dish will be what 40 million people in the country want. >> 40 million people that are not served in the urban areas. a lot of interesting components to this and certainly one that will be a lot of fun to watch as the weeks go in. >> of the three big earnings that we follow. we talked goldman, j & j and coke and goldman is up better than 3% even though they had two selling days versus a year ago. >> the target is not down that m

the attorney said hess call led police to where dorner was.rmer judges are going to decide if anyone can lay claim to the reward and set up a claims pros. the judges will also determine how the reward should be given out. >> if you are traveling out of sfo what you need to know before heading out to the airport. >> and a politician is trying to crosswalk trying to crack down on swatting. >> and a warming trend is in store for the weekend and the tended forecast. what you can expect today and beyond. mçó4+y?i medications? i don't know. last immunization shots? really? honey, what's my blood pressure medicine called? one time i took something and i blew up like a puffer fish. i'm probably aergic to that. at kaiser permanente, your medical information is available to you and your doctors. quickly. securely. no guesswork required. better information. better care. kaiserpermanente. thrive. . >>> about a million of california's poorest undocumented immigrants would be able to get basic, low cost health care under a new proposed plan. the president's

. >> among the meetings of activists pressing for change, hess is may 16th.7 years of underperformance. timkins on may 7th for the pension fund aimed at improving value by bearing the steel and bearing businesses. while the steelwater mining, clinton wanting change given the firm's loss of market share over the last five years. >> other meeting to watch include occidental petroleum, shareholders now focus directors, with the board launching a search to replace the ceo, supporters of mr. chasen may seek to unseat directors who don't back him and in the wake of the london trading loss, jamie dimon faces a challenge to his chairmanship at the annualç meeting on may 21st. the bank board is lobbying shareholders to defeat that proposal. they maintain the say on pay vote is to gain dissatisfaction with either performance or compensation. so far this season, five firms voting down the firm's pay plan including the one at navistar. >> mary, so interesting, of course, you had chris on from iss, and i notice their advice -- advice can play an important role in a lot o

. >> citi says buy hess.eing involved and i want to look at the stock below 70 and the movement is not done yet. >> one we wanted to do in the earlier part of show. kimberly downgrade. if it got to the point where the yield is good and you'll want to be there. >> the stock doesn't go down and i'm a believer that if they can dominate internet tv someone has to pick it up. >> morgan stanley reinitiates by blacksto blackstone. they're doing a tremendous job and i like the stock. they're very smart people. >> the price target stuck on cash. >> you know the guys will take the stock down to 79 and then you want to buy it and that is an alternate universe. >> going into a friday session. how treacherous today? >> i think it's a very long day. >> yeah. >> and i think there will be people who midday will say on monday we'll have worries about japan and worries about europe so i'm going sit it out and wait to buy on monday. i don't think that's a bad move. >> yeah. what will you do tonight? >> i had a guy who will come

she goes to hess first and hardwood underneath her and you ask howcarmelo?is a very nice man. >> he is so sweet. >> it's like whether -- like we were at fenway. i've been going to the ballparks 45 years. all of this stuff in there. all of this food in there. mika goes after the game, i like baseball. it's okay. not bad. >> this was lovely. >> they almost let her pinch-hit. >> i know. >> it was amazing. really cool. and madison square garden is great! i had never really seen it that way. >> this is so good! this is so good for your brand. >> i know. all right. >>> let's stop. >>> from "the new york times" fashion designer and socialite lily pulitzer passed away and known for colorful full prints, her career took off when jacqueline kennedy was seen wearing one of her dresses. my mother went to school with her. love her. beautiful clonels. >> it all took off from there. >> i know so much, joe. you're full of information. >> i'm not going to lie. i'm a huge lily fan. >> so many designers have been inspired by her but you know a lily when you see it. >> yes, you

i think it boils down to some of the remaining hess taitancy in quarters of the country what does thisean learning term. i think the secretary point yont up there having the government eventually using this information however it's acquired and to what degree or extent it exists against gun owners down the road is still out there a little bit. >> that is a concern. and that is exactly what the conservatives on the hill right now are making sure is taken care of, that you aren't going to be able to set up a gun registry. of course, sam, we have had background checks before. >> this is confusing. they kept saying a new background check will be unconstitutional. if the new one is -- they -- >> if the new one is going to lead naturally to a gun registry, why get the old one? >> exactly. but lawmakers have taken this consideration into hand there as i understand it going to say there will be no federal database of firearm purchases or sales so there will not be a registry. one thing i'll add on the filibuster thing i think was a silly political maneuver from republicans because it set them

but max, you and i met max, we talked to him when we had just read one of hess books, we were in sanu go, how did he do that? max is a guy like that. he. >> he's become a good pal. he has a new book in the fall, called "you'll get through this" right, max. >> that's right. >> we can't see you but you used the story of joseph and the amazing tick any color dream coat. >> congrats on the book. we look forward to it. >> you know what i love so much about max? he's a preacher, but he doesn't preach at you. he just loves you. we need more of that. >>> topic number one. >> what can you do for lindsey, max? >> she acted as if she had been caught off-guard by some of the questions dave was asking. i guess often they have pre-interviews. she kind of got emotional, but they also had some fun. let's take a listen. >> lindsay lohan was on the "today" show today. the appearance went well. only one camera was missing. >> that would be a lot. >> the cafeteria in the court has named a sandwich after you. >> they don't let you eat there. >>> she punched a psychic in the nightclub right after the psyc

and bernhard hesse from kingston, new york. 103 years old today. poker.u go. edythe kirchmaier, 105 years old. we're not sure, but we think she's the oldest lady to use facebook. and kenneth robinson. 100 years old today. and he is some kind of emailer. crazy email. a lot of older people love that. get a big kick out of it. then we haven ena burke. 106. every day she goes to church. back to you. >>> thank you, willard. shana is still in shock, right? >> yes. >> joe jonas, you're such a good sport. thanks to him. >>> jenna bush hager up next on whether she's having a boy or a girl. but first, this is "today" on -- look at them kids. [ sigh ] they have no idea what it was like before u-verse high speed internet. yeah, you couldn't just stream movies to a device like that. one time, i had to wait half a day to watch a movie. you watched movies?! i was lucky if i could watch a show. show?! man, i was happy to see a sneezing panda clip! trevor, have you eaten today? you sound a little grumpy. [ laughter ] [ male announcer ] connect all your wi-fi-enabled devic