murphy, won the debate on hewlett-packard.eel good about that. >> feel great. >> final trade. >> long une. >> all right. josh brown. >> drink and buy starbucks. >> pete? >> josh is right, had he was wrong on the debate but right on this, drink and buy starbucks. >> love that name. >> all right. how about you? >> apollo, apol, buying january calls. >> we still have a mixed market picture. the dow did go positive during the show, still barely hanging on, the government shutdown rolls on, now all three of the major averages are negative. that does it for us. have a great rest of the day. to follow me on twitter scott wapner cnbc and my folks at power pick it up. >> "halftime" is over. the second half your your trade day begins fou. >> seven tadays until the debt ceiling gets hit. how can they get a deal done? "power lunch" will show you and them. listen up, washington. how should investors play the possibility of a debt default. how to protect your portfolio if there is no debt deal. inside the mind of teenage shoppers. sue hits

but look at somebody when you compare this to hewlett-packard, apple to hewlett-packard.hing -- i'm not having good luck with my stock radar chart today, but if you hit this, compare apple, there we go. it's t magic, isn't it? -- tv magic, isn't it? be apple is in blue, hewlett-packard in the yellow. what do you see here in the trend lines? this is what's on my radar in particular is kind of that flat performance when it comes to apple. there's a lot more momentum in hewlett-packard, but that earnings report after the bell today could change the pace, maybe steal some momentum. watch for iphone 5s, that's going to be crucial. the demand for the 5c and also we're going to, hopefully, get some updates on the ipad air. dennis. dennis: all right, cheryl. your monday media minute, netflix is picking a fight with the giant theater chains saying there's tight control over exclusive premiere or windows, quote, might kill movies. netflix's chief commune cases officer telling a crowd on saturday. quote: theater owners stifle this kind of innovation at every turn. entirely true but

. >>> new dow member nike and former dow member hewlett-packard meeting with analysts today. hp speaking to the upside by 5.3%. jane wells at nike headquarters and john fortt in san jose. you go first, john. >> no new bad news is good news when it comes to hp. we'll tell you what meg whitman had it to say after the break. jane? >> john, $220 soccer cheeks as nike goes after brazil in the world cup. ceo mark parker calls this a growth company. he highlights one area of underperformance, lululemon you've been warned. back after "power lunch" swooshes through a break. the wright brothers became the first in flight. [ goodall ] i think the most amazing thing is how like us these chimpanzees are. [ laughing ] [ woman ] can you hear me? and you hear your voice? oh, it's exciting! [ man ] touchdown confirmed. we're safe on mars. [ cheers and applause ] ♪ hi. [ baby fussing ] ♪ >>> like two ships passing in the night nike put into the dow and hewlett-packard kicked out meeting with wall street analysts today. jane wells is in oregon at nike's today. but we begin with john forth in sa

the lap top made by hewlett-packard and called hp chrome book 11 running on google chrome operating system he was less than two and a half bounds a price tag of $279. it goes on sale today at google play store and select retailers. >> apple is planning to broaden it's radio reach, bloomberg news learn that had recently, launched i tunes radio will be soon available in more english speaking countries including uk, canada and australia as well as new zealand. the expansion set to begin next year. >> well, u.s. stocks ended the day down with a deadlock that could lead to a government default. the bloomberg silicon valley ended the day lower by shares of google. and finally zulily is going public, filing today to raise $100 million in an initial offering in the united states. goldman sacks and city group are managing the sale. zuliliy plans to list on the nasdaq under the ticker zu. in san francisco, i'm emily chang, larry, carolyn, back to you. >> thank you. >> and an 11-year-old colorado boy turning beer making into a historic achievement. he conducted an experiment to see if the process use

it reminds me of hewlett-packard.y have a lot of lines in the water as far as their businesses, but they don't know what to do with them, that is a tough spot to be in, they don't know what is going to grow or not grow. cloud in success a small enough part of the business but not big enough for bottom line, they are coming off worst quarter in 8 years in april. a lot of pressure. charles: i'm putting you down as a far for buying that stock, am mex, scott? >> -- amex, scott? >> i do. i like some other credit card companies better, i think that things will be okay for amex for a couple reason, consumer is healthy, they are not seeing as many losses, you look at cord credit card company it is about the conup onesumersume -- consumer s getting better. charles: ibm was a no-brainer for a while, but now something is going wrong. >> scott compared it to hewlett-packard, i compare it to apple. ibm has reinvented itself, they are now failing to execute on hardware side, and that cloud growth is stealing away business, one thin

that helped move hewlett-packard to the upside. of the market even when the dow was down. david: one index how crazy the market has been ups and downs, machinations from yellen and the debt ceiling crisis. the very started off. of course that is the volatility index. when the vix is up, that means craziness is up. you see the green arrow, up about 5%. now it is down almost 5%. that kinds of gives you an indication of the mood of the market. >> it really does. right after we heard from our fed minutes, and, we saw what we saw is that the markets, the dow took off to the upside. the vix went to the downside. it shows the investor relationship as the fear take as break and volatility take as break. the markets have volatility to move to the upside, dave and liz. liz: darden restaurants. those shares are climbing after reports that activist investor barrington capital is takeing a pretty significant stake in the company. >> that's right. takeing a 2.8% stake in darden. they operate all of olive garden and red lobster. that is showing c

that is all it took to send hewlett-packard's spiking. adam: we will tell you how do you can get a free cup of coffee next. lori: it turns out men's warehouse stock is falling. we will have details ahead. ♪ capital to make it happen? witht the thinking that makes it real? what's a vision without the expertise to ecute it... and the financing toake it grow? whatever your goal, it can change more than your business. it can change the future. that's why, at barclays, our amtion is to alwa realize yours. that's why, at barclays, stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. adam: a stock color with a smile. we are watching tapes steve penny saxe -- jc penny saxe. we want to get a another look at the retail site there. this one is for the men. men's warehouse. nicole: maybe they will be one together. this morning we are hearing an offer for men's warehouse that dated back to a phone conversation in september. however, the big problem is men's warehouse think this is opport

>> as you mentioned, jim may like apple, but he's reiterating his case for shorting hewlett-packard. hear from somebody who says hewlett-packard's problems are your opportunity to buy that stock. we'll get his case on that. >>> also, activist investor barry rosenstein makes big bets on safeway and outer wall, the company that owns redbox movie kiosk. what else he's got his eye on these days. >>> and are investors too optimistic about a deal ceiling deal in washington? we're all over this massive rally. maria and i will see you at the top of the hour. should be very interesting on "closing bell." first stay tuned for more "street signs" after this. i am today by luck. i put in the hours and built a strong reputation in the industry. i set goals and worked hard to meet them. i've made my success happen. so when it comes to my investments, i'm supposed to just hand it over to a broker and back away? that's not gonna happen. avo: when you work with a schwab financial consultant, you'll get the guidance you need with the control you want. talk to us today. so i can reach ally bank 24/7, b

it would be located near 280 on land once owned by hewlett-packard. it with il be 2.8 million, four-story, saucer-shaped building. patrick roberts home next door, with more than 14,000 employees expected to work here, he wonders what traffic is going to be like. prune ridge avenue already has heavy traffic during peek hours. >> getting in and out of our driveway is a challenge. we don't want it to get any worse. i hope it doesn't. there is part of me that says it will. >> apple and cupertino city officials held a public meeting discussing the environmental impact story. they say apple's ideas to use shuttle buses will alleviate any traffic issues >>> the stock market appears rather unfacphased by this government shutdown. the bigger issue coming in two weeks when the u.s. is expected to hit the debt ceiling. for more, let's turn things over to seema mody. >>> good morning, that's absolutely right. stocks posed a gain. hoping that it will be short-lived. we get data on private sector job growth. the adp could take on added weight for economists as the

headquarters would be in cupertino near 280 and the wolf road exit on the land once owned by hewlett-packardthe new campus will be a 2.8 million square foot four-story saucer-shaped building. patrick robins' home is right next door and with more than 14,000 employees expected to work here, he wonder what the traffic is going to be like. there's already heavy traffic during peak hours in the area. >> getting in and out of our driveway is a challenge. we don't want that to get any worse. i don't know. i hope it doesn't. but there's a part of me that says that it's going to get worse. >> apple and cupertino city officials have a meeting. every neighbor that got up and spoke is supportive of the project. the idea to use shuttle buses also encourages their workers to carpool or bike will alleviate traffic issues. neighbors should be offered a discount on am products if they have to deal with heavy traffic. >> i like that a lot. >> why not? >> it's a fair tradeoff. >> i think so. give me apple products for a deal. let's go to rob mayeda. we don't have to pay anything for the great days. >> sunshin

. >>> hewlett packard, one of three companies kicked out of the dow met with analyst to talk about the past year, one that ceo meg whitman called a fix and rebuild year but whitman also told investors she expects revenue to stabilize next year and business to accelerate again in 2015. it sent shares of hp 9% higher. >>> also meeting with wall street analyst and investors, nike, one of three newly added to the industrial average. jane wells got a first-hand peak of the athletic apparel and shoe outlook for growth. >> reporter: nike long ago raced past competitors but the ceo says this is a growth company because the world is a great company. >> over the next decade, we will see the world's middle class population grow by one billion consumers. >> reporter: that's a lot of feet to cover. nike is projecting revenues will grow from $25 billion to last year to $36 billion by 2017 and niek cow.com sales could quadruple and apparel sales should grow over 30% and a special emphasis on attracting more women. >> if you run a mile, run a race, you know what, run a marathon. >> reporter: the compa

. >> hewlett-packard went on to acquire 3com in 2010. >> you criticize china for corruption. you won't hear any rebuttal for me. >> but right now, americans only have room to worry about one government, their own. >> our own source of corruption. how money corrupts all the political campaigns. that should be a concern to us. >> while, the u.s. invested more than $50 billion in china last year, china only invested 10% of that in 2012 in the u.s. $5 billion. looking forward, it's estimated china could invest more than $1 trillion around the world during the next decade. the question now is, how much will come here to the u.s. stephanie troangh, nbc bay area news. >>> take a look, a woman you'll see in the shadow in the video. take a good look, during the vote she suddenly walked up to the podium. you see her there in the beige pants suit and started screaming. the microphone wasn't on, but her outburst recorded mentions of god, the freemasons and the constitution. the woman is a stenographer for the u.s. house. u.s. capitol police say she was take tonight hospital for a mental

the ceo of hewlett packard sees pockets of growth ahead. it was just one of the comments to come from h-p ceo meg whitman at of yesterday's analyst meeting. whitman also pointed to profit expecations for hewlett that were beyond wall street's expectations. she also mentioned competition coming from rivals. in the end-- hp stock bounced nearly 9% in trading wednesday to close above $22. sears reportedly is selling off some of its stores. according to the wall street journal the retailer has sold some its profitable stores in an effort to raise cash. a spokesman for the company admits cash from the sales helped cover for operating losses. sears stock fell 5% in trading yesterday. men's wearhouse is turning down an offer from jos a bank. the bid to buy men's wearhouse was unsolicited. jos a bank is offering to pay $2.3 billion dollar or $48 per share, which sent men's wearhouse stock 27% higher to close at $45. the retailer called the deal opportunistic and undervalued. discount retailers reported mixed earnings results this week. family dolla

it will be near interstate 280, once owned by hewlett-packard. >> reporter: behind this fence is where the apple spaceship will finally land. and neighbors on the border of cupertino and santa clara are supportive of this project. but they're hoping that the traffic will not turn into gridlock. patrick robbins remembers fruit orchards as a child. it's a different fruit that's about to plant a seed, apple. >> how right did they do this? what did they get wrong? >> reporter: apple's new campus is called the spaceship. it's a saucer-shipped building. robin is right next door, with more than 14,000 employees expected to work here. he wonders what the traffic is going to be like. the avenue already has heavy traffic during peak hours. >> getting out of our driveway is a challenge. we don't want that to get any worse. i don't know. i hope it doesn't. but there's part of me that says it's going to get worse. >> reporter: some neighbors worry about how apple's campus will affect other busy streets like stevens creek boulevard. she says that apple has done a good job with other issues. >> i thi

meg whitman, the ceo of hp said when hewlett packard was removed from the dow a month ago -- she told employees "i hope every hp employee took today's announcement personally, it was a blow to our brand." interesting for a ceo to come out so candidly and say this is embarrassing. >> klaus also said we're going to show you how good we are. some people took it a little personally. it was business. and michael eisner talked about "godfather" earlier. >> sort of interesting touchstone in hp's narrative, along with dell and everyone else for that matter. >> we will be getting new guidance from hewlett packard for 2014 at the end of the day, or at the end of the day pacific time. i should say at the end of the day here, about 1:00 pacific time. and importantly it's 2014. this is the key year. this is the year that meg whitman has told us in the many times she's appeared, both good and bad quarters, by the way, that that's the year that's going to really determine whether this turn around is sticking and whether it's working. and one wonders, of course, if it doesn't work what the other plan

they are more suited in to look at the private sector all the companies that announced job cuts hewlett-packard, a jpmorgan 70,000 and so on. this goes on all the time that if government cuts anybody, which he almost never do it is a crisis? >> you don't want to see people lose their livelihood but we have competitors. we have to win we have to sit -- we have to stay lean widows to the federal government competing so getting lean is not necessary if you get what eyes and saying. john: government has used it for a visit if they have it they wasted. >> and that is not special to any party. i a bet on the earth 41 ars and it seems like government intends to be that way that is unfortunate i looked at it that way. john: we tried to sign up for obamacare to see with e experience was like. most of us could not even get through with the error message or the page did not load and the president responded to complaints with the business comparison. >> a couple weeks ago apple rolled out with a new operating system and within one day they found a glitch and fixed it. i n't remember anyone suggesting apple

never heard of it being done but i'm totally for it and one of the things is when i worked for hewlett packard designing all the apple stuff they had a policy in the company that was written and it said that an inventor could i'm sorry an engineer could have parts out of his storeroom chips and things like that for devices of his own design with supervisor approval well you know what to borrow a few dollars worth of chips and build something up even for yourself or your home is increasing your mind in a way that you couldn't yet the same sort of learning. from a university course and it would cost a lot more i wonder if you could give your russian colleagues a. tip. i know that back in the i think it was in the eighty's maybe in the nine hundred eighty four interview he said that every year every day could we have a new industry being created from scratch that goes very dramatically and me so that we have personal computers and phones and later social networks i wonder what do you think is going to be the next big breakthrough do you have any ideas on that i'm actually with what everybody is t

hewlett-packard has quietly enacted a policy requiring workers to work out of offices instead of homecord together business blog all things dhp has 80,000 people that work from home because of a lack of desk space. a wall street research firm says apple is rung out of new customers. according to a new analysis the number of first-time iphone buyers is shrinking and apple needs to make better in roudz rhodes in china in order to compete. >>> and here is how yahoo has resigned -- designed it's free e mail service. now resembles g mail. that may not be a coincidence. yahoo ceo helped design g mail when she was in goog yelling. >> the -- google. >> the $100 bill got a face lift. officials showed off the redesigned bills. there is a copper 100 and liberty bell and blue ribbon that shows a 100 and a bell when moved. >> it's awkward for them to have to look for the water mark by holding it up to the light so they asked for a feature that would help them in the normal process of taking occurrencey to better determine authenticity. >> the back of the bill has a big orange 100 to make it easy t

hewlett-packard stez 2014 will be a year of expansion and issued projections that exceeded their forecastg hp would focus on new products, controlling costs and stabilizing revenue. >> ask walt disney company, parent company of abc 7 says colorful stock certificates are headed for never never land. disney is one of the most widely held stocks. paper certificates will be replace bid electronic ones for security reasons. >> samsung much-talked about smart watch is now in stores if it's both good and bad thing. >> call simon. >> samsung salesmanger reasoned randy yap has been living with the smart watch three weeks. >> took me fwook when i was three years old watching inspector gadget and jet sonz seeing people talking to their wrists all the time. >> that magic is more practical cal. >> if i need to check a text message i can see without having to pull out the phone. >> pulling out your phone less, one third less, he says. it won't browse internet but will read message and take pictures. swipe from top to bottom. bringing up your camera right here at the front of your watch. >> the touch co

hewlett-packard stez 2014 will be a year of expansion and issued projections that exceeded their forecast saying hp would focus on new products, controlling costs and stabilizing revenue. >> ask walt disney company, parent company of abc 7 says colorful stock certificates are headed for never never land. disney is one of the most widely held stocks. paper certificates will be replace bid electronic ones for security reasons. >> samsung much-talked about smart watch is now in stores if it's both good and bad thing. >> call simon. >> samsung salesmanger reasoned randy yap has been living with the smart watch three weeks. >> took me fwook when i was three years old watching inspector gadget and jet sonz seeing people talking to their wrists all the time. >> that magic is more practical cal. >> if i need to check a text message i can see without having to pull out the phone. >> pulling out your phone less, one third less, he says. it won't browse internet but will read message and take pictures. swipe from top to bottom. bringing up your camera right here at the front of your watch. >> the to

and number 10 is hewlett-packard's meg whitman taking home $15 million last year. well compensated women in the bay area include renee james head of software ask services for intel, laura alber, williams sonoma. >> you might have to have salary of a ceo to buy chocolate soon. rising demantd and bad weather he in key areas is driving up the cost. price of coco butter has risen 70% now at a four-year high. you probably won't notice much of a change. a trade group says chocolate manufacturers are more likely to reduce content or make candies smaller rather than dramatically increasing prices. >> well, here is more still to come here tonight with less than six hours to go we're going update bart talks for you. >> what could happen if washington doesn't lift the debt ceiling ...quickly followed by skydive.. ...and paris romance. there was a quick interlude... ...then mighty aphrodite. but then the day came: marry me. and she thought and thought and then she chose: freedom trail. there's a deep, rich, enduring color for everything, including love and happiness. benjamin

. >> bay area company, hewlett packard is having companproblems about their struggling business.hing about a >> tablet coming out and buy them. it is something that is something that may help them. >> they shot in the arm--it may have a profit margin but we are at the under one $300 price. computers are getting cheaper and cheaper. if you look at the services, google had a big offered yesterday pre-empt. >> what do you look for for them? >> we just agree that it was beautiful to have one when you were a teenager but if you want services, you go with ibm. is a definite not h.p.. >> starbucks told other businesses that they start putting that he and the federal government. you have to speak up. you have to let them know what areas are hurting create >> will he run for eight office? i think so. >> a postal worker is out of a job for throwing away letters about obama and care. this is a snapshot of the inside of a fresno apartment complexes of garbage. he is filled with mail about obama care. witnesses say that the mail was dumped there by the mailman. the mail carriers says that he

hewlett-packard has quietly enacted a policy requiring workers to work out of offices instead of homerd together business blog all things dhp has 80,000 people that work from home because of a lack of desk space. a wall street research firm says apple is rung out of new customers. according to a new analysis the number of first-time iphone buyers is shrinking and apple needs to make better in roudz rhodes in china in order to compete. >>> and here is how yahoo has resigned -- designed it's free e mail service. now resembles g mail. that may not be a coincidence. yahoo ceo helped design g mail when she was in goog yelling. >> the -- google. >> the $100 bill got a face lift. officials showed off the redesigned bills. there is a copper 100 and liberty bell and blue ribbon that shows a 100 and a bell when moved. >> it's awkward for them to have to look for the water mark by holding it up to the light so they asked for a feature that would help them in the normal process of taking occurrencey to better determine authenticity. >> the back of the bill has a big orange 100 to make it easy to

third cheryl sandberg at facebook 26 million and no. 10 is hewlett-packard and whitman took home this last year and renee james for intel. lauraal versus ceo of williams sonoma and senior vice president for beauty banking at wells fargo oychlt you might have to have a chocolate to buy the if chocolate. price of cocoa butter has rich 70% in the past 12 months. now 4 year high. you would i notice much of a change at the soup mark. manufacturers more like will toy reduce the if candidate instead of raising the prices dramatically. don't do that. >> no. >> extended payment plan for the chocolate. >> exactly. >> we need our fix. >> you are absolutely right. wonderful weather. will last for awheel. most of the week. minor changes. like at live area no fog hit the coast mild evening so far but will turn cooler overnight but at the moment 24 hour temperature change. writ now 8 degrees milder if this hour last night. 14 degrees warmer halfway bay than the this hour. he sposhingd bay area certainly milder. live view from the roof top camera abc 7, 69 oakland 63 san francisco, san carlos 64 grea

and number 10 is hewlett-packard's meg whitman taking home $15 million last year.ther well compensated women in the bay area include renee james head of software ask services for intel, laura alber, williams sonoma. >> you might have to have salary of a ceo to buy chocolate soon. rising demantd and bad weather he in key areas is driving up the cost. price of coco butter has risen 70% now at a four-year high. you probably won't notice much of a change. a trade group says chocolate manufacturers are more likely to reduce content or make candies smaller rather than dramatically increasing prices. >> well, here is more still to come here tonight with less than six hours to go we're going update bart talks for you. >> what could happen if washington doesn't lift the debt ceiling so what can i get you? we'll take something tasty and healthy. ♪ ♪ if you wanna go and fly with me ♪ ♪ it's buzz the bee on your tv ♪ ♪ oh how did i get this way? ♪ hey! must be the honey! ♪ there's a party going on in your cereal bowl ♪ ♪ o's can help lower cholesterol ♪ ♪ oh why does it taste

names like darden restaurants and also hewlett-packard, a former dow components.l be exiting the chicago market. the chain has been a notable drag. there will be moving into next year. we are seeing some of the other chains doing well on this news. just the whole group doing well. other winners, former dow components alcoa which came out with its numbers. and also when the hotel and resort casino. those are some of the best performers this week. we are certainly snapping the major averages, snapping the losing streak that we have seen the last couple of weeks and talking in gains. cheryl: thank you. we will see you soon. we are closing of a big week in washington. it looks like there are serious negotiations going on. the house gop will meet tomorrow could a deal be hammered out over the weekend? let's bring in democratic congressman and republican congressman john campbell. both are members of the budget committee. i no you're pressed for time. wanted thank you both for being here. i will keep this time. congressman, first to you, we are all seeing a bit of a shi

true, they are having problem with pace word reset, that -- password reset that is causing an hewlett-packardunity for hackers, and i read it is not unusual there is a problem. but the problem is they have not found it yet, and why it was not fixed immediately. >> well, you know, one thing that i learned in my time at banking and at the white house is, time and testing can be your best friend or worst enemy. it sounds like they feel they did not have enough time to actually test. in this situation, with the password reset, one thing that we can't control, is some of the bugs in the system. so piece of advice for everyone is there will be other bugs, if could put your data at risk, get a unique e-mail address not attached to your bank account or the rest of our life, and use that unique e-mail address just for health care, that way if the bad guys get in, and get your data it will be harder to takeover the rest of your accounts on-line 92 that is great advice. one more piece of sound, congressman rodgers asking sebelius about testing. >> has each piece of that code been security tested? >> tha

facebook coo is third with $26 million and hewlett packard rounds out the top ten with $15 million. >bay area beach that's been closed for a decade is back open. gorgeous. budget crisis back in 2003 forced the city to shut it down. volunteers helped to clean it up. >> just exciting. it's a special time for me right now. and a special day. i needed to come and get a little kind of beauty and this kind of peace. >> the department of public works installed the new picnic tables and a new parking lot too. >>> half-moon bay clocking in at 1985 pounds. the biggest in the contest history. he'll get $6 a pound up to $12,000 for that giant ghord. >> bart train rz running despite workers not having a new contract. we're not in the clear yet. what we're learning about the direction talks are going at the top of the hour. >> reporter: first bart, now ac transit is set to strike. i'm mark kelly. coming up, what it means for your commute. ,,,,,,,,,,,,,,,,,, [ male announcer ] the founder of mercedes-benz once wrote something on a sheet of paper ♪ the challenge always accepted. and the calling forev

he was working for a company that had a subcontract with hewlett-packard. >>> also today prosecutors are expected to recommend whether to seek the death penalty against boston bombing suspect dzhokhar tsarnaev, prosecutors will make their recommendation to attorney general eric holder, who will ultimately make that decision. a federal judge has recently rejected a defense motion that was seeking more time to prepare a presentation opposing the death penalty. >> 6:16, earlier this week we reported on a massive backlog in cases of guns illegally in the possession of convicted felons, now ktvu is there as police try to make up ground one case at a time. >> reporter: -- supposed to turn them over to -- >> -- no comment, get that out of my face. >> why didn't you -- >> -holmes was recently with special agents going door to door trying to hunt down these weapons. you will see their work step-by- step, some of the surprising places they found illegally owned guns and what needs to change to clear up that backlog of cases. all part of the ktvu exclusive special report tonight on the 10:00 ne

it is hewlett-packard's analyst day, a day when the computer giant hoeflts analysts and journalists to discuss the business going forward. a hard slog at h.p. the company was recently dropped from the dow 30 industrials. the u.s. hasn't defaulted on the debt yet. that's the good news. for more, let's turn to courtney reagan. good morning. >>> good morning, to you, scott. futures are higher after stocks slumped again on tuesday on continued concerns about the economic impact of the government shutdown and the deadline to raise the u.s. debt ceiling. the dow closing at a six-week low. the nasdaq and dow at one-month los. we were supposed to get numbers today but they have been postponed due to the shutdown. la last month's meeting may offer clues. the nasdaq losing 75. futures are higher, indicating a stronger open. >>> 5:16 right now. the comedian is making his latest web special available for $5. it is sold without copy right protection where media companies try to control what you do and how you do it. it is not the first time he has done this. the last time he sold a comedy bit for $

they've been perceived as companies such as maybe an intel, a microsoft, a deal, a hewlett-packard, thatly pc driven, which is bad, but these companies are not and i think they're going to be good values. >> pete, you've made the case for emc. >> what do you think of the western digitals, you've selected emc as one of your plays. why that name over the others? >> i like emc. they have a brand new mid level storage product and they also believe that going forward, they are going to be an important enabler of the combination of private and public cloud infrastructure. which will be a big deal. i don't see that to the same extent with the hard disk drivers. >> we've got to run. we've had so much breaking news. down in d.c. we'll have you back soon. >> yes, sir. thank you. coming up, the call of day. coverage of a stock that almost everyone loves. being initiated with its sell rating. that is up next and in case you missed it, stocks soaring on news of a deal from the is that the. getting the latest on that and what's next after the break. i know what you're thinking... transit fares! as in

so you've got a host of big established players, hewlett-packard, ibm to give tools they need to make the process less difficult. the thing is, service now needs these old-school competitors, not only does service now have superior technology and support but the cost of ownership is 50% less than the competition. is in other words, they literally half the cost. i think the scale of opportunity is enormous. at the end of the second quarter, service now has 1,778 customers across a wide variety of industries from finance to consumer products, health care and technology. companies targeting large enterprises with revenues over $750, and at least 200 i.t. employees. when you look at the forbes global 2,000, service now is an astounding 17% of them is clients at the end of last quarter. and i'm sure that number has grown because the company is taking share in taking names aggressively. service now is expected to do $410 million in revenue. imagine they can grow that number to $1 billion by 2016. that would represent a 35% compound annual growth rate. we don't have a lot of companies that g