ellison out, hurd and catz in. they are not going to hire a new cfo to replace catz, more on how to trade this stock next. take and... exhale.in... aflac! and a gentle wavelike motion... aahhh- ahhhhhh. liberate your spine, ahhh-ahhhhhh aflac! and reach, toes blossoming... not that great at yoga. yeah, but when i slipped a disk he paid my claim in just four days. ahh! four days? yep. find out how fast aflac can pay you, at aflac.com. >>> welcome back to "fast money." news off the oracle call. the financial guidance is in. wall street not impressed. oracle guiding to total revenues up 2% to 6%, constant currency and guiding to an eps of, let's see, non-gaap 53 to 57 cents, 51 to 55 cents u.s. wall street had been hoping for 62 cents overall. now, there's some currency issues mixed in along with that. along with the shift to the cloud. and right now, safra catz, the ceo along with mark hurd finishing up remarks and mark hurd giving more info. >> the guidance coming in below what wall street was expecting. so a little

i'm cheryl hurd. >> a lot of tips on nbcbayarea.com as well. one thing people were running into bringing bags. you can only bring in the big clear bags. women with the purses over the clutch size had to go back to the car or send their husband back to the car. >> good advice. we don't want to put the husbands in a bad spot. today's game will have a ripple effect throughout the south bay at the cal station. police are advising drivers to expect heavy traffic starting around noon. this has many folks take the train to levi stadium hours ahead of the 5:30 start. parking prices are expected to be substantially higher. vegas is favoring the 9ers to win the game. >> some players are still getting acclimated to their new home. kicker phil dawson said he's only been able to kick on the field a couple of times. he says the wind happens to gust around 1:30 which is right around most game times. >> it will be no wind, perfect. you wait for kickoff and it's completely different. >> when asked if the sun was a pro

but think i mark hurd is the right guy. they grabbed him at the right time and between he and katz, large company. i think they can make it more efficient. there will be some cost cutting i think people aren't going to like but as a result better numbers in the future. >> we sold it today. >> why? >> i don't think there is a lot of downside. i just don't think there is a lot of upside. i think the biggest issue is the margin. and it's going to take a long time to build cloud. it's only 5% of the total revenue. while it grew triple digits last quarter it still has a long way to go. so you are certainly going to see pressure on margins and not get earnings, leverage. i think there are other better, if you want to go go in the value space. to microsoft i think they are at least two years ahead and that is where i want to be. >> do you want to debate? >> steph makes great points. and i see what she's talking about. the future to me looks really bright. and this is a company we all know acquisitions are what they do. build and a

hurd? >> no, i'm not saying nothing. >> you're not saying nothing? work with me on this? >> there ain't nothing there. >> well, i'll tell you what, i'm going to put an extension on this incident. i'm going to investigate it, you want me to review cameras or film, i'll go ahead and do that. >> i don't want an extension. >> well, that's what you're going to get. you got an officer that's saying one thing, you're telling me you know nothing about it. i've got a guy down there that's telling me he's a victim. okay? >> that's up to you. what i'm saying, why you got to go interview tapes or keep me in here longer? >> you're looking at 30 days in here. >> i know. >> you're not helping me out in this situation. i'm here to help me, i'm here to listen to what you've got to tell me. what you're saying has nothing -- is not even jiving with this thing here. you've got nothing else to add to this thing? >> nope. >> okay. i'll have a determination made by the end of the day. >> a short time later, kunkel asks to speak with shamrock again. >> when i came back and

hurd day care the lion's share. sell the stock down, sell it down hardware, sell the stock down, not as clean a quarter as i would like acquisitions, sell the stock down because we are all so used to seeing huge huge numbers coming from cloud like adobe two quarters ago, i would not -- not huge. not human for anyone who follows the company like i do. what is not great is you want to see their earnings per share blow away and you didn't get it. >> dr. j, your response, you caught that? >> i did catch that. and i don't disagree with jim. i rarely do. i don't disagree with that assessment, i think you're spot on, the guy, like i say irk hand picked by larry ellison to lead the company and i think they have got two strong leaders, so, the -- we have all seen, though, jim, what happens when you have two quarterbacks. i don't know that you're gonna stay with a two-quarterback system, but nonetheless, this is something that i think is not a big negative for oracle, but i do think it signals a different oracle going forward

he hands the reins over to safra catz and mark hurd. can these two share the role?ring back our editor at large cory johnson and bloomberg contributor and editor paul kedrosky from san diego. now that we have had 24 hours to digest this news, paul, what is your take on how well safra catz and mark hurd can work together? >> i think they can work together fairly well. my problem is i don't think larry is going anywhere. he is working for the people who work for him as chairman. he is going to be the cto underneath two people who work for him as chairman. if we know anything about larry ellison, that means he is still in charge. he has never liked dealing with investors. he finds it a nuisance and he has never liked dealing with customers. he gets to focus on a product by handing out those duties, he gets to walk away from two things he doesn't like doing and still remain in charge. >> the salesforce ceo is also a former oracle employee. these companies are now rivals. he tweeted that there will always be one and only ceo of oracle. and that is larry ellison. cory, he

mark hurd will run marketing and sales, and safra catz will run legal.he has been there since 1999. mark hurd has been there for four years. lots of questions about how well they will work together. questions about whether oracle needs new blood. while they dominate the industry, they have not been as innovative as people hoped. >> it seems larry ellison, while giving up the ceo title, is not going far, is he? >> he is remaining chairman of the company, and larry's still going to be there. at age 70, maybe that is why he is leaving. he is bombastic in person, completelyand a self-made guy. an adopted guy out of chicago. >> hang on. we are going to bring in brian stowell. his company, larry ellison bought it in 2007. give us your thoughts. all right. i guess we will have to leave it there until gwe fix it. cory, you mentioned he will be the chairman of oracle and still own 25% of the company, and this has a market cap of $185 billion. >> larry is as rich as anyone has ever been, depending on how you count the money. that effectively remaining chariman, he

i know it is not that much more. >> hurd is cfo, and she is not.t is noticeable, particularly when they have this issue. >> catz has been there since 1999. >> indeed, she has, and she has done a heck of a job. a $2000 difference when we are talking about $37 million. >> we are talking about principle. >> yes, we are, and their salary and their bonus is the same, but it is mostly stock compensation, but i think the bigger issue is just how big these numbers are. when you look across some other companies who pay their ceo's tons and tons of money, this is tons and tons and a couple extra times. that is the thing here. and, jack, you have said that some people have complained about this as shareholders, and shareholders also get a vote on this, and they have repeatedly voted for the leadership they have provided for the company. >> they have repeatedly voted, but you can like the leader while also saying i think you are drawing a bit too much from the accounts that your company is generating. i think that is what is going on here. in many senses, orac

mark hurd is the ceo and joins us from san francisco. >> mark hurd, ceo of oracle alongside safra katzrow ceo of oracle. first i want to talk about the new title and also m and a. so tipco recently got taken out for a little times forward revenue. why didn't you take it out? >> you know that i can't comment on m and a. and i'll just leave it at that. >> are we in a space where m and a is an important way to grow? because it seems like we're s seeing enterprise consolidation picking up again. >> oracle is one of the only few tech companies growing its top line. point two, certainly m and a is a way to grow. and we are a build and buy company. frankly even a lot of things we've cone over the years has been more to build the portfolio and capabilities certainly as we engaged in growing the cloud business and portfolio it's been a way to supplement pretty strong organic development as well. >> right. so a lot of people on the structure that you are in right now with two ceos. say, that's got to be temporary. it doesn't last and your competitors have have had it for a while. sap worked even

oracle will now be run by safra catz and mark hurd. hurd will be in charms of sales and service.tware and hardware will still report to ellison. >> mark and safra have done a spectacular job and i think deserve the recognition of their new titles. i'm going to continue to work with thomas kurian in software engineering and john fowler in hardware engineering and ed skrevin and mark and safra exactly as i have in the past. so i'm going to continue doing what i've been doing over the last several years. >> earlier today, we asked the ceo of oracle's rival, sap, about larry elison's management shake-up. >> i'd like to congratulate larry ellison. he built a fine company. i congratulate him and i wish him well in the chairman and ceo role and i'm sure he will do fairley well. to his credit, he chose two of his trusted tenants to beco ceos. i was a co-rceo for many years. i enjoyed the experience very much and it worked well at sap. >>> now, alibaba prices its ipo at $68 a share. the top end of the range that was raised earlier this week. the offering raise is $21.8 giving the company

and mark hurd. dow up about three points.that chasing performance can mean lower returns and fewer choices in retirement. know that proper allocation could help increase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement. know where you stand with pnc total insight. a new investing and banking experience with personalized guidance and online tools. visit a branch, call or go online today. ameriprise 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. sometimes, healthy's not on the menu. luckily, always keep my meta health bars handy. my favorite bar, hands down. from the makers of metamucil, new multi health meta health bar

oracle executive safra catz and mark hurd. by the way, as the news got out, oracle's stock dipped a bit after hours. reporting live at redwood shores, scott budman, nbc bay area news. >> you bring up valid point. thank you, scott. just who are oracle's two new ceos? long time exec safra catz and former hewlett-packard exec mark hurd. the two have already been working as the company's copolice departments. hurd you might recall was at hp but resigned in a firestorm after being investigated in 2010 on accusations of violating the company's sexual harassment policy. he had a relationship with an outside marketing contractor. hp concluded hurd did not violate its policy, but said he submitted inaccurate expense reports which were intended to hide a close personal relationship. >>> just into our newsroom, an apparent act of vandalism at a south bay fire station. investigators believe someone used a bb gun and shot at two garage windows at fire station 35 in south san jose. that station is located on poughkeepsie road. investigators

cheryl hurd live with more for us. >> chp officers telling me tonight the young woman traveling down highway 24 when she struck the divider. police are saying she may have been drinking another bad decision may have cost her her life. >> there is no doubt in my mind this is nothing but a miracle that the child survived and mother survived. >> they survived two crashes that could have cost them their lives. on monday, shania rodgers and her 2-year-old daughter driving on highway 24, when somehow rodgers crashed her minivan into the center divider. >> she decided she was going to leave that scene. and walk across all lanes of traffic on highway 24. she ultimate low was struck by a mercedes-benz. >> the benz kept going. when police arrived all they saw was an empty car. then one officer heard a baby cry. >> heard some noise, ultimate low drew his attention over the right shoulder. when they noticed, the small child. once they went over there they also saw the mother. >> one of the officers noticed the toddler's badly injured foot and rendered aid. >> because of their quick action and pr

nbc bay area's cheryl hurd who spoke mcdonald joins us from levi stadium. good evening, cheryl. >> reporter: good evening, raj, we heard of the report and have seen it. police responded to a call at ray mcdonald's home in may. at the call they say a gun was involved. we caught up with mcdonald at his home tonight and he didn't have much to say. hi, ray. >> ray mcdonald acknowledging our camera outside his home. looking for reaction to the latest information that came out. he had no reaction to a report release by san jose police today that said officers responded to a call at his home in may. where a man and a woman are gaud agaud -- argued and the woman grabbed a gun and held the at her side. the woman fled when the woman threatened to call 911. police may no arrests. >> the 911 tape evidence police submitted will be a bombshell for the ray mcdonald case. >> reporter: the incident came before mcdonald's high profile arrest on august 31st after a party at his home. police are reporting that his fiancee had visible injuries. >> if mr. mcdonald can show that

ellison as chairman and hurd and katz as ceos will run oracle. some say it may lead to confusion over who is charting the company. >> at the end of the day, the sail can sail best with one captain. and you don't tend to give that up in the midst of something of a storm. >> reporter: the ellison announcement was made on the quarterly earnings day. oracle has dominated its mark over decades but facing challenges selling servers and soft wears as the competitors in the u.s. and competitors have moved to the cloud. ellison made his mark in many other endeavors, including sailing. last year his racing team won second america's cup. the billionaire persuaded san francisco government and business leaders to host the sailing competition in san francisco bay. his wealth has enabled ellison to collect aircraft and acquire several mansions. he also owns most of the oiled of le nye in hawaii. not bad for a college dropout. in redwood city, david louie, abc 7 news. >>> within minutes of learning about larry ellison came word that the ceo of oakland based clor

after the close, larry elissson steps to executive chairman and that promotes mark hurd and mark hurd runs the company day-to-day. the quarter was okay, though, not fabulous. they need to be bigger than the cloud s.a.p. had minute ago news. the fact it was trading over there that, i think people say mark hurd will get this product, from s&p i don't think they will. tomorrow morning, jack ma with me hosts then, the big under me hosts then, the big under lender of all time >> narrator: in this episode of "american greed"... it's one of the biggest cases of insider trading in history, and it's all caught on tape. raj rajaratnam had it all -- a wildly successful hedge fund, billions in the bank, and the respect of wall street. >> raj was a competitor first. he wanted to win. he wanted to win every day. >> narrator: but behind closed doors, rajaratnam was gaming the system -- to the tune of $75 million. >> inside trading became his business model. >> narrator: and each time rajaratnam's phone is ringing, the feds are listening. and ultimately, it's his own voice that will seal

nbc bay area's cheryl hurd is live in napa. cheryl, things still very unsettled. >> that's right there. is a lot of work that needs to be done. as you can see, the damage is still here, of course. and there are some streets that are still blocked off. there are other a thousand buildings that they're either red tagged or yellow tagged. the city is recovering, but the folks here need a lot more than community support. they need money from the federal government. and no one knows if that will happen. >> since the earthquake has happened, yes, we have seen the water main break from the street. but nothing like out here. it was flooded. >> a water main break flooded stadium avenue in napa tonight. but the water recede quickly. crews have been busy every day since the quake shook the area. so far 130 water line breaks have been repaired, and officials expect there will be more. >> this was really traumatic for us. >> traumatic because the 6.1 earthquake turned this destination city into a construction zone. now the big question is h

hurd was the ceo of hewlett- packard. he was forced to resign from the company back in 2010 after being accused of sexual harassment. ellison twice dropped out of college before creating one of the biggest business software companies in the world. he turned 70 last month and has been at times a very polarizing figure. analysts say while it may be a surprise, it isn't a huge shake- up for oracle. >> similar to what bill gates did when he stepped down as ceo of microsoft. he remained as chair and chief technology officer. so he will still be there full time directing technology and ultimately as chair, he will be responsible for the overall operations of the company but not on a day-to-day basis. >> oracle world is set for the end of the month in san francisco. now, usually, larry ellison makes an appearance. with today's change in leadership, there is no word if he will show up. >>> people hoping to make a run for the border a little out of luck. an antioch taco bell is closed for a second afternoon because of this. a taco

cheryl hurd joins us from sacramento this evening. cheryl, as you know, kashkari needs to make a name for himself. what is the takeaway tonight? >> reporter: well, raj, there was a lot of mental body punches tonight. one analyst told me that he thought kashkari put the governor on the ropes. but there is one thing for sure. this debate tonight was very entertaining. >> no tunnels then, governor? >> look. >> quickly. >> california governor jerry brown and republican challenger neel kashkari accomplished one thing. they let people know they don't agree on any of the issues facing most californians. >> all the jobs we lost in the recession from the wall street meltdown, we got back. >> i think governor brown means well. but his 40 years in government has left him out of touch with the struggling of working families. >> reporter: he is 16 points behind governor brown in the poll, and he came out swinging against the incumbent's pet project, the proposed high speed rail. kashkari refers to it as the crazy train. the governor says it's a go

reporting live in san jose, i'm cheryl hurd, nbc bay area news. >> cheryl, thank you. not just this mayoral debate but the congressional debate. the future of the silicon valley. district 17. congressman mike honda will face off with ro khanna. i'll be moderating. jessica will be in studio. next monday evening at 6:30 right here on nbc bay area. >> when i left it was pretty much the same. it was really bad. >> wait times at a local va hospital that sometimes stretch on for years. just to get dentures or other serious dental work. i'm steven stock. tonight we investigate the palo alto va hospital and find some who fought at war now fighting again here at home just to get timely dental care. >>> also, saying no to the pill. a bold new birth control recommendation for teenagers. >>> plus alarming new details about that white house intruder. what the secret service apparently didn't reveal about that security breach. >>> and good evening. i'm meteorologist jeff ranieri. we're tracking clouds moving into the bay. we'll have details on what this means for the morning forecas

we begin with nbc bay area's cheryl hurd live at san jose international. cheryl, you spoke to some of the worried relatives. now we're even hearing of looting happening there. >> reporter: one of those concerned relatives worked for our station. he tells me that his sister in law is in cabo tonight with eight of her friends on vacation. with the airport shut down they have no idea when they'll be home. >> we just have to stay off the roads. we're running out of food and supplies. another storm is coming. there's no activity at the airport. the whole thing collapsed. >> this is just one of the text messages gavin lau got from his sister-in-law, who is stranded in cabo san lucas because of hurricane ode yooel. >> there's no running water. they're staying in the ballrooms and also the conference rooms. >> reporter: slamming ashore with 125-mile-an-hour winds, the hurricane ripping through the normally peaceful resort, bringing with it nearly a foot of rain in just hours. a category 3 hurricane when it made landfall. winds peeled back roofs. heavy rain filled

report live in oakland, i'm cheryl hurd, nbc bay area news. >> thank you, cheryl.ith the threat of evd 68 looming parents should be asking whether their child's school is also equipped to handle a serious asthma or food allergy attack. according to a new study, only one in four students actually have an emergency health management plan in place with the school staff. the author of the study, a pediatrician from northwestern, says schools need to work with parents on that plan and it should include information on medication and what to do in case of an emergency at school. >>> well, could it be terror in the air plane food cart? a warning that airlines could easily suffer a security breach at food entry points. that's the finding of a new study. it found that one in four airline catering workers believe unauthorized people can easily get into kitchens and trucks. it also warns that someone could stash dangerous items on a food cart. about 400 people took part in the survey, which was passed along to the tsa today. the findings come two years after needles somehow go

in his place is mark hurd. they will have two ceo's.rrangementf rent for oracle to have two co-co's. >> thank you very much indeed. hans nichols joining us from berlin. as we enter the break a check on the market. scotland rejecting independence how are we trading on that? the pound is up a bit. not as much as some would've expected. ♪ >>> welcome back to "on the move ." 30 minutes into the trading day. how are things shaping up? market set? >> i should say that i under claim to jonathan ferro. i will get -- hans nichols. i will get my revenge on hans nichols. scotland andure to why do we care what rbs are saying? poundave 14 billion exposure overall. ds as an exposure of 1.3 billion pounds. aberdeen asset management have 2000 employees so this whole 's being possibly transferred and downsized, the potential economic cost of one billion pounds -- that is gone, for now. you -- doeses leave it work for a generation? listen to the speech. i spoke to caroline hyde earlier, they are doing a deal and spending 7.4 billion euros. 7 billion on a

cheryl hurd is live in berkeley. and cheryl, yelp has certainly been controversial. >> it has controversial. and it depends on who you talk to. we've all seen the stickers on businesses all over the place. if you want to know if a business is bad or good, you go on this website to find out ball. group of businesses got together and filed this lawsuit. and they lost. was brass and glass in business? >> 35 years. >> reporter: willow willis managed brass and glass in oakland for 20 years. she complained to us about yelp trying to force her to advertise with them. she says when she refused, the negative reviews didn't go away. >> it's total extortion. and how the judge can rule against that is -- again, i'm appalled. >> and if you don't -- >> reporter: san francisco attorney lawrence murray, who represented four companies that claim yelp tries to force small businesses to buy advertising to get good reviews, is shocked that a three-panel judge doesn't agree with his clients. >> when the mafia goes up to you and says hey,

nbc bay area's cheryl hurd joins us life from richmond. cheryl, that poor mother must have been stunned and terrified. >> reporter: that's right. everyone is lucky to be alive tonight, really. as you can see, this home is boarded up. but take a look at what was left behind. following this crash, twisted metal everywhere, bren fences and debris. this was a horrifying experience for the people on the bus and the family who was inside that home. >> son was on the floor when the bus hit. so, you know, it's very scary. >> ashley ortega holding on to her son tight after this ac transit bus slammed into her richmond home. the bus came within inches of her son, who was just sitting in the living room. >> i was in the back bedroom with my daughter. and he was on the floor in his bouncy chair. and all of the sudden i hear a big boom. and i see the bus coming through my living room. >> reporter: the bus, with eight people on board, including the driver, slammed into this duplex after it clipped the front end of this stolen car. police officers did se

do you think that safra catz and mark hurd will have any autonomy? >> that is a dig at them.off is the rising star. he picks up the phone and can call any ceo in america and convince them to buy some software and some software wrapped in hardware. and safra catz is a really amazing story. 15 a years ago she was another banker. now she is the most powerful woman in the history of american business. but in the world community she , is now in this dominant role. it is an amazing story. she is the one that while mark is focused on certain things, particularly sales in the country, safra is in charge of legal. she is the person who has carried larry's flag into every discussion. in an interesting way, she is the oracle voice in that company. she is the one that make sure things are run and looks of expenses on how things are functionally going to help that company and guides that company in a strong way. since she is six years younger, then mark hurd we might look a , what that means for her over the long term at oracle. >> paul, how would you assess over the next several months a

isco-ceo with mark hurd, who 57. still lots of questions about how well they work together.on recently celebrated his 70th birthday. i thought it was interesting, mark benny from salesforce tweeted that larry ellison is and always will be the only ceo of oracle. what do you make of that? on the one hand it is a compliment but on the other hand, doesn't mean that larry ellison will be rolling from the backseat? >> i think it is a sign of appreciation, if you want to read behind it. also suggesting that oracle is old and salesforce ain't. catz is the person to watch in this whole deal. she was a banker at dlj, a top a person that has ever been in silicon valley, super, she understands deals. she ushered or call an insular company doing well through acquisitions, by understanding those acquisitions. she has a tight fist around how the company is run, ruling by spreadsheet, running their legal maneuvers. it is an impressive moment for her and all women in business, i think. inoracle a huge company but terms of market cap, not as big as alibaba is now. closing out "bloomberg west

nbc bay area's cheryl hurd is live on the scene for us. >> reporter: we're here at 18th and burrback.e have been taken to the hospital, including the bus driver, lieutenant, tell me what happened. >> approximately 5:35, a driver of a stolen vehicle came in contact with an ac transit bus which caused the bus to veer off to the left and come to rest inside the residence. >> reporter: and you're telling me that this car was stolen. >> the car was stolen. the driver of the vehicle is currently outstanding, but we believe we have a pretty good idea who he is. the passenger was taken into custody. eight people on the bus. they all sustained non-life threatening injuries and have been taken to local hospitals for observation. and two people inside the residence, one being an infant child also sustained minor injuries, and they, too, have been taken to local hospitals. >> that was my next question. people inside this duplex were lucky. >> they were very lucky. we have the scene contained. earlier there was a gas leak as a result of the collision. but richmond fire department and pg&e have bee

he's handing over the ceo position to his co-president, mark hurd, the former ceo of hewlett-packard. ellison founded oracle in 1977 with $1,200 of his own money. the 70-year-old is currently one of the world's richest men, and also owns stakes in other companies. ellison brought the america's cup to san francisco last year. >>> right now, we want to get to breaking news out of washington, d.c. president obama preparing to make a statement on the senate's vote this afternoon. let's pick it up live. >> this includes support for iraqi forces, strengthening the iraqi government, providing humanitarian aid to the iraqi civilians, and doing their part in the fight against isil. here at home, i'm pleased that congress, the majority of democrats and a majority of republicans, in both the house and the senate, have now voted to support a key element of our strategy. our plan to train and equip the opposition in syria, so they can help push back these terrorists. as i said last week, i believe we're strongest as a nation when the president and congress work together. and i want to thank leader

. >>> tomorrow marc hurd addresses a conference. in revenue to the city. traffic has already been blocked off. and from 8:00 tonight taylor street will be closed. ellison stepped down as ceo last month. >>> thousands of runners were on the embarcadero to fight breast cancer. those who took part today include cancer survivors who have made the event an annual tradition. >> cancer is a scary word. and obviously, i'm here 15 years later. i had chemo. i had surgery. i had radiation. so i had it all. and i survived it. and this is important to do. >> the race for the cure series is the largest series of 5k runs in the world. >>> looks like they had cloud cover, cool conditions for the exercise this morning. but the heat's coming. >> that's not bad running weather. we're going to have the breeze out there. the clouds will be with us, and then we'll start a warming trend. live doppler showing you cloud cover. there are a few light showers, isolated in nature. one popped up. but you do notice it's very light in nature, and most areas are ju

for any one of these things before they actually strike could be life saving. >> reporter: cheryl hurd, nbc bay area news. >>> well, some good news out of southern california, where firefighters making headway and knocking down a brush fire east of los angeles. the fire burning about 30 miles east of l.a. near a golf course. so far burned about ten acres since early this morning. no structures threatened. fire about 65% contained. >>> marine officials will be keeping an eye on a gray whale that's been spotted dangerously close to the shoreline. they believe the whale is lost. they are asking people and boaters to stay away from it. the whale was first spotted several miles south of marina del rey. it's unusual to see whale this is time of year. they typically migrate and are gone by now. >>> well, the tortoise that escaped from its san jose home has returned to its owner. we first showed you the story yesterday, and last night the tortoise's owner tweeted us to let us know napoleon is home safe and sound. this is the surveillance video of the tortoise making his escape through the fron

car to the left and don't have their turn signal on but make a right-hand turn. >> reporter: cheryl hurd nbc bay area news. >> so three feet, give them a wide berth. >>> now let's go to meteorologist christina loren. hi, there. you say maybe rain soon. >> maybe, maybe, maybe. it's actually looking better. we are on the optimistic side of maybe this morning. 70 degrees for the peninsula right now. 73 degrees on the east shore. 69 degrees in san francisco. it's not even lunchtime yet. 71 degrees in the north bay. so let's get right to it, because we do have interesting weather elements happening right here, right now, and those san francisco giants, they have a day game, 12:45 first pitch. temperatures are going to be warm, in the 70s. you can already see people out there getting ready to take their seat, but what you'll really notice from this live picture at at&t park, these flags not getting much pickup whatsoever and that is the weather story of the day. high pressure comes in, compresses everything. we have no movement out there, and as a result it is a spare the air day across the ba

>> i think you've got hurd and catz. >> two is better than one.boston marathon as a siamese twin. you're pulling in different directions. >> but the question is what happens next. >> that is an issue. 37 years as ceo. now tell me somebody else who had 37 years. fred smith, 46 years. rupert murdoch, 54 years. he's been ceo longer than redstone both has. this is a long time, 37 years to be at the helm. this is two generations. two generations the same guy there. it's time for a change. if he's still the guy in charge of technology, i don't know. look at the board. george in there, his bios understate him. he, not al gore, created the internet. he's one of the early guys slashing together and he was a top guy at ibm then. this is the champion of hardware and software and internet. there are people with strong technology backgrounds. also strong administrative finance types on this board. it's easy to draw a bifurcated leadership on this board. that would line up against these. if mark is ready to be ceo, why not make his ceo. >> he made $78 million l

in oakland, cheryl hurd, nbc bay area news. >> shake your groove thing. we'll be right back with more news. >>> this is casper, seven year old miniature poodle who cased away a bear. his owner was cutting the lawn sunday when he noticed the window was broken. >> he's brave. he thought somebody broke into the house and noticed casper was missing, but a neighbor spotted the pooch running after the 100-pound black bear. the pint-sized hero was not hurt, amazingly. >> all hail the poodle. thanks for joining us, next newscast is tonight at 5:00. >> we will see you then. >> toda live" the male host is not so ready. j.lo and "people" magazine. >> which said eva mendez and ryan gosssling were having a boy? they have a 50-50 shot. >> ""access hollywood" live" starts right now. [ applause ] >> there she

he will be replaced by mark hurd and sav ra katz. >> now elson has his hands in a lot of pro connejectprojects. he owns an island in hawaii. he brought the america's cup to the area. last year his team won the america's cup. for 2017, he says he is eyeing honolulu. of >>> new details between a troubled past with ray mcdonald and his fiance. this time the attention focusing on her. a report was related back in may. the female subject became upset, grabbed a firearm and held it at her side. the report goes on to say that when mcdonald told the woman she was going to call 911 she put the gun down. >> now to something we haven't seen for a while, wet weather. we want to show you time lapse video overlooking san jose as the storm rolled through. fortunately, didn't last long. we'll show you what it looks like right now. blue skies. some cloud cover in san francisco. who pecked up the most rain, jeff? >> with that storm system moving off to the south we are starting to get blue sky filtering in. so we're going to take a look at some of our weather underground data. it was up in the north bay wiwit w

mark hurd and safra katz. both are ceo of oracle. larry ellison will stay executive chairman and be the cto. the miss on the street from estimate of $8.77 billion, liz. eps coming in at 62 cents a share. also a miss. big headline, larry ellison stepping down, two new ceos to replace him. liz: he has been quite the charismatic leader, hasn't he, jo. >> absolutely. fascinating guy. liz: jo ling with the news. larry ellison, or not to be on the day-to-day part of the company running it. let's get back to dan stesich on floor of the cme here. what part of the market, whether it was treasurys, transports once again moving higher, had such a great day yesterday? did you look at say, there is the story of the day as subsector going on for all of the news front? >> i looked at the market overall today. i really didn't pay attention to specific sectors because it seems like a rising tide lifts all boats. that is what happened here. just the, joy of the fed keeping considerable time in their statement has helped this market over couple days. i

relinquished the ceo title and said those responsibilities would be taken on by safra catz and mark hurd. he has sometimes been criticized as being flamboyant with his money. among the items on display here on the plaza that was built on howard street is the winning catamaran from last year's winning cup competition. and remember, he pushed hard to have america's cup hosted here in san francisco. and last year was even late to one of his keynote addresses because he was watching one of those races just down the way. reporting live in san francisco, abc 7 news. >> i remember that. people not too thrilled with it. >>> well, firefighters credit rain and more humidity with helping them keep a massive wildfire from growing in the sierra. they've spent the past two weeks battling the king fire in el dorado county. flames have burned 152 square miles of dense forest and destroyed more than ten homes. officials report the fire is now 87% contained. 4800 firefighters remain on the front line, down from the peak of 8,000 firefighters. suspected arsonist remains in jail. >>> there was a full house

mark hurd the ceo of oracle on "squawk alley" tomorrow live at 11:00 a.m. eastern time on cnbc.ome back, as we just said, shares of gopro hitting an all-time high. the new move could send the stock higher. first rick santelli, what are you watching today some. >> you know, it is a huge week and i know we say that every time there's an employment report but it is. ecb meeting on thursday, the jobs report friday, preview on wednesday with adp. the dollar on a tear. what does it mean? the french, the conservatives look like they're taking the upper house. we'll talk about that and everything that moves the markets after the break. who work with regional experts that's when expertise happens. mfs. because there is no expertise without collaboration. mr. daniels. mr. daniels. look at this. what's this? clicks are off the charts. yeah. yoshi, we're back. yes, sir! ♪ more shipping! more shipping! ♪ [ beeping ] ♪ >>> coming up stocks having another whip saw day. are things about to get rockier as the quarter comes to the end? we'll bring in the experts. a mu way to play alibaba. trade s

relinquished the ceo title and said those responsibilities would be taken on by safra catz and mark hurd. he has sometimes been criticized as being flamboyant with his money. among the items on display here on the plaza that was built on howard street is the winning catamaran from last year's winning cup competition. and remember, he pushed hard to have america's cup hosted here in san francisco. and last year was even late to one of his keynote addresses because he was watching one of those races just down the way. reporting live in san francisco, abc 7 news. >> i remember that. people not too thrilled with it. >>> well, firefighters credit rain and more humidity with helping them keep a massive wildfire from growing in the sierra. they've spent the past two weeks battling the king fire in el dorado county. flames have burned 152 square miles of dense forest and destroyed more than ten homes. officials report the fire is now 87% contained. 4800 firefighters remain on the front line, down from the peak of 8,000 firefighters. suspected arsonist remains in jail. >>> there was a full house

cheryl hurd joins us at the substation. >> reporter: the substation that you see here was the target. at this point, no one knows why. but for months, experts have been calling the attack here an act of terrorism. but one special agent is saying, it was not. >> the whole purpose in doing it is to send a message. >> that's why rick smith says he agrees with the recent report that says last year's attack on the metcalf substation does not meet the bureau's definition of terrorism. >> there usually is a claim responsibility or some intelligence from somewhere, that there's an organization involved. and there's some political cause for it. that didn't happen. if none of those things happen, they can't call it terrorism. >> reporter: this video shows random shots being fired last year. 17 transformers were destroyed, causing $15 million in damage. even though the damage was significant, former agent smith believes the shooter was not that sophisticated. the counterterrorism agent in charge of the case is reported as saying one person may have been responsible. >> one kid out there drinking

reporting live in san jose, i'm jill hurd, nbc bay area news. >>> the nfl is certainly is in turmoil and this also applies to the 49ers. they are not budging on the ray mcdonald sich. he is accused of domestic violence but he continues to play with the team because the niners say he deserves due process. tonight we sat down with the 49ers president. >> we thought about a lot of different options and we stay consistent in our beliefs in terms of what we want, to allow the due process to stand true and we stand by that. and you've heard it consistently, from coach harbaugh or jeff or trent or myself, we do want to let everything play out and then evaluate at that point. >> you are getting a lot of heat from senator diane fineston to ronnie lott. you have thought about that decision? >> with any challenging decision you make, there will always be criticism. we expect that. that is part of the job. >> and he also told us tonight that commissioner roger goodell is scheduled to be at sunday night's opener at levi's stadium. it is common for the commissioner to attend the first game at any

and former h-p c-e-o mark hurd.replace ellison as co - c-e- o's of oracle. >> pam:ellsion turned 70 last month and founded the software company back in 1977. return >> pam:home depot says that 56 million payment cards were affected by a malware attack that started in april. the home improvement retailer announced it has eliminated malware from its u.s. and canadian networks. >> pam:the company has enhanced encryption of payment data at point of sale at its u.s stores. >> pam:apple has introduced stronger security for i- phones and i-pads. the new system makes it impossible even for the company to unlock a password protected device--even for a police warrant. c-e-o tim cook says it's to show the company's commitment to privacy and security. it's part of apple's latest out yesterday. (male announcer): it's now time for gary radnich from the jack in the box sports desk. >> gary: a's/rangers >> gary:little girl with big hot dog loses part of the bun and she is not happy >> gary:top 1st/ scoreless >> gary:sonny gray hang

two taking over, siafa catz and mark hurd, doing sales, servicing and business contractors as well. larry ellison, what a legend. what a company he created. >> quite a career. >> thank you, sir. have a great weekend. >>> big week for one of the nation's most popular breakfast tarts. the pop tart turned 50 years old and one of the first commercials, the black and white one from the 1960s. it's up, then down. aless of falsely claiming it's made from real fruit, only 10% of its filling was really fruit. lawsuits over pop tart fires that kellogg eventually settled. despite controversy the pop tart remain as breakfast favorite. bringing us to the question for you this morning. share some of your best pop tart memories with us. or your least favorite. flavors you wish they had. the most creative answers, waytooearly, we'll put up the best ones later. they've gotten creative. looking forward to that. >>> still ahead on "way too early," tom brady, the football star tweets out a throwback thursday pick. look at this paper resume. >>> wait until you see what this gutsy thief tries to pull off

at least -- she is six years wenger than mark hurd and can look at how -- with that means. >> how willssess whether or not this arrangement is working? is going to be a tough one. what you have to look for, we want to see some sort of re-energizing of the company. it is kind of flatline. member of ther silicon valley rest out. -- rust belt. these companies have lost the plot. i would look for a sign that they have got the plot that. there are lots more jumping up and you seeut cloud a change in the company in terms of its temperament and your beginning to see a turn. i am hugely skeptical that this turn around.h will >> is it possible that this cloud computing world, throwing anything you want that is just a lower revenue business and that it will never be as big as the old world of software that oracle was the clear dominic dominant king of? >> no. their business model is predicated on higher sales and it will always look like a toy to them. box oraclet of the finds itself in. newhe same time, most companies are growing up and cannot see any rationale for large-scaleore mega-database

ceo hurd and the other new received a grant in stock options. 10 console will launch games awaiting governmentval. >> now at the u.n. climate summit we heard from companies making pledges to help facilitate climate change and mitigate the catastrophic effects of climate change. what about those green orders, is that more about greenwashing? some call my next guest polarizing and another pivotal. she is provocative. author of the new book "this changes everything." " and "the shock doctrine." this changes everything. what changes everything? >> climate change changes everything. we are headed toward a level of temperature rise that will change everything about our physical world area that is one way we change everything. we keep on keeping on and our physical world changes. it is not too late to prevent catastrophic warming but we have waited so long that fermenting that outcome requires such the system,to our political our economic system that i am arguing that also changes everything so we have these choices. for a brief time the nature of the changes up to us. >> you talk about political and

tok hurd was named as ceo replace larry.res are falling by the most in more than a year on the news. and mcdonald's, raised its dividend by 5%. that is lower than analysts expected. ♪ welcome back to the second half-hour of "bottom line." i'm mark crumpton. thanks for joining us. home depot has completed its investigation of its data breach and found 56 million payment cards have been compromised. it is not changing its sales forecast. julie hyman covers the retailers for us and joins me now. why not change the forecast? ofthere are a couple particularities of this data breach that are making it have less of an impact than target. the timingl, we have of the breach. it was between april and september. , it is not necessarily happened prior, but the revelation was passed to the season when you tend to have a lot of people doing home improvement projects. theet's happened during holidays. home depot came forward quickly. they did the investigation promptly. and you do have this sense of data breach fatigue. now is this expecta

this kid was hurded because he was an american. there's where the discussion should take pra--. domestic terrorism is already here. >> very quickly, we'll start with you. >> they're literally miles away from the house, first they thought it was a drug but this kid is squeaky clean, he was a straight a student. did you hear about it in your community? because you don't live too far out of manhattan, the largest media market in the country. you think this would get more coverage than one radio host bringing it to the national spotlight. i did research in new jersey and this was not really covered. and again, new jersey doesn't have a media mark, but this killer had a history of killing three times before in washington state, this is a very, very scary premise. this is haunting because in the last couple of weeks, we have heard people from social media tell us mixed messages about what they can hit us at home and high level white house officials saying the threat is not going to hit us here at home, we just don't believe that. with the internet, the way isis is using social media t