iac would pay $8.75 in cash and 10% premium to the closing price. they went public with the offer after meeting resistance for months. they're also saying it's willing to merge angie's list with it's home advise to site in a stock swap. angie's list rising by 12% in after hours trade higher by 10% and iac is off by 1%. >> blackstone agreed to invest more than 800 million dollars in ncr giving it a 15% stake in the atm maker. they'll announce the details of the deal later today. blackstone was in talks to buy the company out right but couldn't agree on terms. ncr rising more than 2% in after hours trading session and german trade up by 1.8%. >> just glancing through all of your tweets this morning. keep them coming through. it's always nice hearing from you. @carolyn cnbc. we're here. now still to come here on the show, apple wants more say in how you pay for things. well, more on the company's latest strategies to control your wallet. that is next. >> the company also lowering it's savings and earnings guidance for the full year and macy's would hav

. >>> iac interactive has offered more than $500 million to purchase the customer reviews website angie's list. iac owns match.com and other dating services and says that angie's board was uninterested in the proposal. no word from angie's list on the matter yet. angie's list saw its shares surge in initial after-hours trading. during the regular session, it was up 1% to $7.92. iac interactive was pretty much little changed. >>> paypal took a hit in today's session in a "wall street journal" report. according to the "journal," apple will roll out a mobile person-to-person payment system that's similar to paypal's service venmo. shares fell nearly 2% to $36.33. >>> more signs of softness in the art market that we reported on last night. a number of works at a christie's auction went unsold or sold for below the guaranteed price. for instance, the andy warhol fetched $32 million, and it sounds like a lot of money, but christie's agreed to pay the seller $40 million, meaning they have to pay the difference. while some pieces weren't profitable, others didn't sell at all, like this one priced

going to be a big deal for barry diller and iac. iac will control 86% of the company. it's a company that has a lot of growth rate, if you take a look at the monthly average user growth and their paid membership growth, converting the monthly average users -- cory: 59 million users? justin: that's been growing strong the last couple years. growth, converting the monthly average usersthe key business mr them to convert those users who come to their various sites into paying customers that will pay a subscription fee. that's one of the big growth drivers for them going forward. cory: it seems to me the success of a dating website is bad business for a dating website. if your people fall in love and stay together, they don't come back to the site. justin: that is why you have to gain massive scale and become a network and know it's a place where people can go find someone when they are ready. for us, everything a person who matches up on hinge becomes a promoter for our app. -- these arefiling my favorite things to read in but oned, s-1 filings, of the things that happens

angie's list has a suitor -- iac interactive wants to buy the consumer review website.ac, which is chaired by barry zeller, owns match.com, and more than a dozen other sites. go public. going to he will not be scoring goals for the rangers, or sinking jumpers for the new york knicks, but a new madison square garden employee is getting a one-time hit of $40 million. it is to compensate for rewards he left behind at the agency he worked for for 20 years. you can always get more blue -- business news at bloomberg.com. i want to get back to the markets desk where julie hyman is checking out the retail earnings we have seen. julie: after the bloodbath -- the macy's-induced blood wet -- bloodbath we saw yesterday. actually beat analyst estimates, so there have been concerns the slowdown would not be limited to macy's, that it was really about the data apartment store industry -- the department store industry or retail more broadly. s is reassuring investors. earlier, we have not seen a recovery. now we are seeing a little bit of one. a couple of analysts coming out and saying

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i think one of the things that differentiates iac from yahoo! is when they are in a category, they do keep doing the next thing. it really is an impressive thing. i do think yahoo! and mckinsey in this case could learn a lot from looking at what iac has done in this category, what they did before it in travel. when you do develop domain expertise, you're not supposed to sit on your laurals. you're supposed to create the thing that obsoletes whatever you're doing. >> remember yahoo! personals? me either. yeah hardly. >> meanwhile, shares of price line tumbling. despite some record bookings. company issued weaker than expected guidance for the current quarter. also taking a swipe at airbnb for the first time, publishing figures to demonstrate it's built up as many as three times villas and apartments for rent. >> we have a great business and a differentiated product from airbnb. our product charges no fees to consumers. there's no back and forth in e-mail with the host. we host to show americans, who many may not know the brand booking.com, there'

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match is part of iac. that is. diller's internet grab bag.o build up different industries like travel or home shopping. he spins off these companies from the broader conglomerate. that's what we see here. investors are paying attention. short on value. this company holds match.com and okcupid. this group.so in he has really carved out the dating world. chances are, you are dating online through one of their he diller's companies. going to doare they with the spinoff? : it gives them some flexibility. this is going to help them pay that down. this gives diller his cut. this is kind of what we have seen with the likes of the ebay complex. this gets match on their own. they can focus on building the dating world. that is a fragmented space. they have dozens of different dating sites that focus on things like senior citizens or religions. that's something we will probably continue to see. there are properties like princeton review in this group. they might take some time to work on that going forward. betty: where does that leave iac western mark

barry dillard's iac interactive corp.g an unsolicited bid for angie's list, offering $8.75 in cash per share. that represents a 10% premium from yesterday's close. investors are cheering this possible merger between the consumer review site and iac. sharinget analysts are should not refuse. angie's list is under pressure from activist investors. the president said that the company's quote unquote running thin. when we look at a longer-term chart, we see his point. scherzer off nearly 70% from the july 2013 peak. david? let's take a look at shares of cisco. the high bar set for the tech sector's bellwether result. stocks treading water, moving higher today. >> the one eyed man in the land of the blind? david: that's you. >> think of cisco. cisco is in a tough business. they sell internet hardware. if you think of the kind of companies they compete with, they are competing with hewlett-packard, ibm, hp on some level, oracle some. those are the reasonable comps. when you really look at what they are competing with, they are

maybe iac sees a different way that they can monetize the business model.there, i would seriously consider that offer. >> iac is already in the related business. home adviser. when they see a category that they like, they roll it up, they do it big. this is probably what they expect or plan to do. >> especially as match is about to spin off and go public. everything old is new again at google, meantime. the company may be getting back into the smart phone business. just after a year after selling motoro motorola. and declaring fan dual and draft kings are illegal gambling. is the future of this in jeopardy? that's coming up. you're watching cnbc, first in business worldwide. working 24/7 on mobile trader, rated #1 trading app in the app store. it lets you trade stocks, options, futures... even advanced orders. and it offers more charts than a lot of the other competitors do in desktop. you work so late. i guess you don't see your family very much? i see them all the time. did you finish your derivative pricing model, honey? for all the confidence you need.

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the parent company iac spun that company out. iac also owns ok kucupid and tinder. it's tradition for any executives to keep quiet for an ipo. they literally call it a quiet period. but that didn't stop the ceo of tinder from doing a lengthy interview with a british newspaper in which he embarrassed himself badly. using a sexual term and using it incorrectly. not understanding the definition. also claims he frequently turns down offers of sexual liaisons and says he's a traditional romantic because he's only slept with 20 women. the interview in such poor taste and timing the parent company actually filed paperwork with the securities and exchange commission distancing themselves from their own employee. so, kris, he wasn't supposed to talk at all much less talk that way. >> and so this affects in theory stock prices. >> right. the concern is if you talk before the first day of trading you're going to effect the stock and you should -- but in his case probably always. >> he should probably follow the lead of jack dorsey who brought his mom to the ipo, right? let's t

shirtsleeves and shorts in november, you might've gotten some strange looks but that's what many des , moines-iacs were doin tonight. they'll probably be doing it tomorrow and tomorrow night? kurtis: normal highs 55. it is after 10:00 at night. well about our normal high late at night. 6:00 a.m. temperature, 53. a little better chance of that to the south. the record high tomorrow is 76. if those morning clouds don't stick around, i think clouds will slowly break free and pushes up to 75 degrees. 79 in 2015. 77 degrees back in 2005. we did have a few clouds earlier in the day. it is starting to get fairly active out west. some systems bringing some much-needed snow to the higher terrain's. another mild one across the midwest. st. louis, 76. there will be some dense fog down in missouri. keep that in mind if you're traveling south. breezy south winds warm us up again. here are those morning clouds trying to spread in. tuesday night, there is your timeline. wednesday morning, same scenario with some low clouds. they sent out in the afternoon and then we see some sunshine. around a quarter inch north

and depending on how that stock moves, that could have an implied valuation for iac. but we won't know anything, melissa, until we get the exact prices that could come any moment. and i'll have that for you as soon as we get them. back to you. >> thank you, kayla. keep us posted. >>> so on square, the big issue is jack dorsey. and there is a duel ceo of jack dorsey at twitter and square. twitter not doing very well. is this the guy you want to split his time to also run square, which is going to go public probably at a discount? >> it is hard enough to run one company, let alone run two. when you have the seeming problems that twitter -- the problem with twitter is the stock performance. because i don't think the company is all that broken as people make it out to be. not that i'm genius to go in and fix it. but i think it is too valuable property to trade where it is trading. maybe they should focus on one or the other. >> should it have a deeper discount. not only is the ipo market stinky -- >> there could be investors. i agree there could be a steeper discount. the

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the company's a spinoff from the internet holding company iac interactive and it owns names like tinderk cupid. in an interest view today ceo greg blat explained how the company is evolving. >> traditionally our business makes most of its money from subscription revenue. advertising hasn't been a big focus. but as our business model has evolved over time while we've been growing our paying users a lot, we've also grown our audience of non-paying users. now we've got 55 million people a month that don't pay us, but we have highly targeted demographic information, age, gender, geography, education, et cetera. so it's a really great audience for us. and you know, we've done some tests this year in our ad side, and it's really exciting for people. and we think it's going to be big business. >> shares of match were 22% higher today. >>> best buy is forecasting a rather slow holiday season, and it posted lower than expected quarterly results and comparable sale same-store sales. the company expects revenue to decline at a low single-digit percentage rate in the current quarter. and that of co

up 1% on the day, iac down more than 3%. shares of gnc and herschel life all fell sharply before federal agencies announced the results of an investigation into supplement companies. none of the companies ended up mentioned in the report. still gnc fell more than 6%, vitamin shop almost 5% lower. a dividend increase helped lift shares of laz boy. the new payout is ten cents a share made to shareholders in december. so the stay in your louisiana boy till then. this is the companies earnings in line with estimates. shares popped. the stof off a fraction finishing at $258.27. american companies issued a record $107 billion in dividends in the third quarter, a 23% rise from the prior quart. a special payout from the kraft following its merger with heinz accounted for nearly half the increase. >> as jane wells reported a moment ago, the need for more intelligence is seen as a boon for companies that manufacture drones. and today at a conferences in san jose, more than 1500 people gathered to debate the future of the industry whic

iac interactive has made an appraisal -- made a proposal to buy angie's list.has spurned iac's offers and share that offerng above price. is yelp, it looks like there more sales speculation. and very quickly, the pharmaceutical maker, mankind -- there was a question whether a deal go through. is really -- israeli regulators seeming to be blocking it. that deal is going through. scarlet: remember that fight mannyloyd meriwether and pacquiao in may? i'm a lot of people said it would not be worth it. alix: we got to talk to legendary fighter oscar de la hoya. be guaranteed action. goesl is a warrior who straight in. my guy, he is a young bowl, a fighter who is just as strong. scarlet: he is 10 years younger, right? this is one of those fights where it can't miss. and people know that. i'm thinking manny pacquiao /floyd meriwether generated so many pay-per-view homes. we generated half the business. scarlet: then you are making? i know hbo is promoting this heavenly -- heavily, but how you get joe sixpack to pay $60 on pay-per-view? have been -- >> we have been doi

i has been part of iac and have been doing the earnings calls for the past five years. public, we are directly public, giving us a sense of independence. own balanceour sheet so we think it gives us more flexibility going forward, and i think the incremental , arets of this form of insignificant. stephanie: the key to being a public company is growth. but if match works, they are going to be leaving the site. i am not leaving facebook anytime soon. there are a lot of ex-boyfriend's i want to stalk. --tinder, it should be one and done. greg: we have been growing for 15 to 20 years with the consecutive model. people actually do come on for a long time. people who are paying us turned first time payers and 50% people who come back. better or worse, people are living longer, staying single for a larger percentage of their life, and people use our products over the lifecycle. stephanie: does that mean you have big senior citizen gains? greg: we actually do have quite a large population. we have a product called our time for people over 50. we are evenly distributed from 20 u

iac offered to buy the stock. ♪ cory: cities and towns across america are marking veterans day with paradesut for disabled vets, google.org is lending a hand. the charity is working with veterans in new york and around the country for a chance to march virtually. vets in va hospital's were able to use cardboard and 360 to virtually join the parade. airbnb on a charm offensive today. they released a statement, outlining his plan to cooperate with cities and defending the positive impact they say the company plays. they are fighting a ballot measure in san francisco. it would have crimped their business. here now is the founder of as a car, robin chase. great to have you on tv. i want to get your perspective on what we are calling the sharing economy. economy is people peer to about assets, peer, a much larger movement of platforms rebuilding how we think of businesses. we were just listening to solarcity and alibaba, both of those are constructed so all of the employees, it is a much deeper collaboration with homeowners on the outside. solarcity is doing all of the heavy lifting and making i

cory: very different dynamics. 87% of match groups are owned by iac. a different animal.ffectively was public in the holding already. investors knew what they were getting. square is a really important ipo for wall street and for the company. emily: why? cory: when you look at the revenue you see a growth business like you would expect to see, a restaurant or a tech stock. revenues growing at a rapid pace and investors like growth. if you look at those revenue numbers you see a company doing a runway at the top line but as you mentioned in your interview, losses are mounting. this company seems to have a wonderful ability to sell more and lose more with every sale. $14 million is hard to do. i can't spin like that. i can spend money. emily: why do you think wall street doesn't like the payments based as much as other companies? jack dorsey thinks it is a tech company and a payments company. emily: i would agree -- cory: i would agree. there are lots of public traded companies that are already in the payments phase. when you talk about who square's competitors are they wou

>>iace, we're not create a safe joan i joan --zone it already exists.ect all migrants to that area, and protect them there. deirdre: thank you walid phares. >> anonymous claims to have shut down more than 6,000 isis twitter accounts and web site, my guest said that anonymous is doing better than the u.s. government. >> they us the internet better than we can, they are recruiting people, and people go out to fight. for isis. and then we let them back in to the country. we let them back in. where have you been? i've been fighting for isis, oh, come back in go home to texas. no stupid ar are we? if a denture were to be put under a microscope, we can see all the bacteria that still exists. polident's unique micro clean formula works in just 3 minutes, killing 99.99% of odor causing bacteria. for a cleaner, fresher, brighter denture every day. >> values and freedom we're tracking down members of the terrorist group responsible for these attacks, we will not give up, we will do all that is necessary. deirdre: hack vist group anonymous declaring war on isis in

angie's list, target of a cash offer from iac interactive corp.s for the consumer review website operator worth $8.75 a share, 10% above yesterday, and angie's list would review the bid. >>> macy's cut the full year forecast, raising concerns about the health of other retailers. warm weather in september and october hurt sales of jackets and winter items. the ceo joined us yesterday to talk about plans the company has to offer steep discounts for the holidays to try to move all the inventory. >> the reality is, particularly in the northeast, it is much warmer this year than last, and at some point in time, you run out of days to tell through the invento inventory, december 27th comes, and volume drops precipitously. we'll take markdowns. consumers will have a field day. a lot of values out there for consumers, but we'll get rid of the inventory. we have to before christmas. >> shares of macy's down 14% yesterday. they are down more than 36% just over the last three months. he says the company is now focused on a turn around plan with more specific

. >> the match deal is unique also, in the fact that it's still going to be fully owned by iac.t's more of a way for iacs to account for the properties that it now considers its core properties. that is a highly coveted stock and we're waiting for that after the bell. >> and there's another one, too. potentially could be the dark horse because it's not getting the attention. >> got to leave it there. please update us as soon as this pricing happens. love your perspective. thank you, sir. let's get to seema modi with the market flash. >> here's an update to that story. one of the outperformers on a rumor that it got the interest of blackstone. reuters now reporting saying blackstone is not looking to invest in the debt of sun edison, so we are seeing shares moving lower. erasing the gains that it initially saw in today's market session. back to you, kelly. >> yeah. under three bucks a share. the ama wants to put an end to prescription drug commercials on television. could their wish become a reality? now mercedes sales are red-hot, outpacing the rest of the auto market. the ceo o

match will still be majority owned by iac. shares will trade on the nasdaq under the ticker ntch. greg blatt will be on squawk box today at 8:40 a.m. eastern time. a great line-up on that front coming up. >> that's right. great line-up. also they'll be on exclusively. match though this morning ahead of its listing disavowing comments from tinder's co-founder and ceo that he made in an interview published during the u.k. this was published on wednesday and everyone is talking about it. sean in the interview openly talks about his sexual history. he describes a super model who has begged him for sex and says he did a background check on a female journalist who wrote a critical article on tinder. he was briefly reformed as ceo last year after the co-founder filed a sexual harassment suit against him. he is not an officer of match group and doesn't hold any shares and match.com wants to make that very, very clear ahead of its ipo. >> you know what they say about men that talk about their sexual excursions, right? >> no, what? >> in terms of performance and things like that? >> we're l

match group, which is being spun off from iac. it's being separated from that company, and also payment processor square. it's the latter company that's under close scrutiny because it could have consequences for other so-called unicorns. the company is eyeing a market cap up to $4.2 billion. that's at the high end of its price range when it comes after the bell. that valuation, though, puts it squarely between comparable companies like lending club at the high end of that valuation and first data at the low end. that's using a price to sales multiple for the last 12 months. we use that because a lot of these companies are either not profitable or they do not have sustainable earnings, so that's really the apples to apples comparison. there are a lot of companies that are trying to do what square does. some was on that graphic. you have first data. you have pouch. shop keep. those two are privately held company. they're trying to offer their services a little cheaper. first data has a new point of sale program called clover, and t

match will still be the majority owned by iac interactive.res will trade under the ticker code ntch. greg blatt will be on squawk box today. that's what i mean by a pretty good rotation of ceos on u.s. programming and some are hailing, i guess, this underpricing of square's ipo as maybe the end of the unicorn era. >> that's where the unicorns come in. exactly. >> yeah. >> do you know what this shows, though? all the vcs looking at the massive new tech companies with valuations that they're now starting to question those tech valuations, right? >> it's an interesting story that that's come out of this. is the private market overpriced. has this been a little flag to those people investing in it? there's a little truth to that. we all sthaed the private side of it has been very fully valued for sometime but this is company specific. possibly sector specific rather than company specific but it doesn't apply to everything. in particular i think that the issue for square is that it still relies on the traditional infrastructure provided by the big

now, match, which is being spun off from iac interactive owns a group of dating sites, which includes ok cupid, and the infamous tinder. wit popular among the millenial audience and known for being a quick and efficient way way to find a mate. the growth numbers are compelling, unlike other tech ipo's. match is actually profitable. in the first nine months of 2015 generating revenues of $750 million, john. that's a 16% jump from the same period last we're. back to you. >>> the company currently trading above $13 a share, which was the top end of its expected range, but the ipo is largely viewed as a leading indicator for some other tech companies. in any case namely those unicorn that is could be looking to go public. square ceo jack dorsey downplayed valuation concerns when he spoke to us earlier on "squawk on the street." >> we raised money so we can accelerate our business, so we can serve our customers better, and that's what matters. >> joining us now here at post nine gavin baker, portfolio manager with fidelity. gavin, that answer by jack dorsey was in response to a question ab

its parent company iac is spinning that company out. that company also owns okay cupid and tinder. traditional for all company execs to keep quiet before an ipo. it's literally called a quiet peri period. that did not stop the ceo of tinder. not only using a sexual term, but using it incorrectly, clearly not understanding the definition. he also turns out and says he's a traditionally romantic because he only slept. his parent company filed paperwork with the security and exchange commission distancing themselves from their own employee it was that bad. >> wow. classy. >> wildly popular, but also not necessarily known as the most pg, i guess. >> right. >> yeah. >> that's where i was going with that. thank you, scott. >> swipe it away from the -- >> we have mike inouye. i don't know if that's good or bad. let's get a quick check of some cold temperatures, again. but things. >> definitely a warm jacket or a coat and you'll be taking it off as we go through the day. we're heading into the 70s in many spots. a live look now at san jose. you see there is a thin layer of some clouds out

they closed at $673 a share and iac has offered to buy angie's list, but the offer was declined.t's it from cnbc, first in business worldwide. amerivest selects the funds and manages your portfolio. is it run by robots? no no, you can talk to a person anytime. 'cause i don't trust robots. right...well, if the portfolio you're invested in doesn't perform well for two consecutive quarters, amerivest will reimburse your advisory fees for those quarters. i wasn't born yesterday. well, actually it looks like you were born yesterday. happy belated birthday. thanks. for all the confidence you need td ameritrade. you got this. tduring red lobster'sg ultimate seafood celebration where new seafood combinations like the new grand seafood feast are stepped up, spiffed up, jazzed up... yeah, this stuffed lobster tail, handcrafted brown butter scampi, and jumbo hand-battered shrimp are that good. or try the new ultimate wood-grilled feast. that bourbon brown sugar glaze gets ya preeetty fired up. with new dishes like these, why wait to celebrate? but just like this time of year, this is too go

it raised $400 million in that ipo so it had been part of iac and now people can bet on it alone.into hot water because the head of tinder gave an interview. tinder is the scandalous child of match. exactly, not exactly the er many you think about -- the eharmony you think about. square is losing a little bit of steam as well. but it's up over 50%. it's still a big game for its first day. betty: both gainers for those ipos, thank you. including aead conversation with mike bloomberg, the founder of ofomberg lp with the co-ceo goldman sachs international. ♪ betty: it is 11:00 a.m. in new york and midnight in hong kong. welcome to bloomberg markets. from bloomberg rolled headquarters in new york, good morning. i am betty liu. a big disappointment in the ipo as a square and match both raise less than they wanted. are trading higher, above their ipo price. we will look into what happened here. white islamic state has no shortage of funds to carry out terror attacks around the world. -- white islamic state has no shortage of funds. -- why islamic state has no shortage of funds. we are 9

those proceeds will go to iac which is the parent company and will maintain majority control once it goes public. square priced at $9 a share which is below the range of 11 to $14 a share. it will raise $240 million for the company and value the company if you use the toetdtal shares outstanding number. that's a cut in half of its private market valuations. it's an understatement there but it's a humbling move for a quarter and a pretty volatile ipo market. you're taking less proceeds for the company and for investors to set a floor where the stock would hopefully go up from here and create upside for investors. the word on the street is some of the long only investors needed to buy into the company because they have been burned not only on ipos but private market investments. >> what does this do are people actually going to mark these down. >> there's the article too about how the start ups don't like the fact that the mutual funds are marking the shares down that they felt caught flat footed by the fact that the funds were even doing that but it come with the territory. >> with yo

iac interactive corporation is involved. tom: there it is. barry diller is wheeling and dealing.will be lighter this year. i have a five year subscription to it. you wonder where magazines will be in five years. vonnie: they will certainly be fewer. foreign affairs will do great for no other reason than the type is large. that's the only magazine i can read. we had joseph nye with us who has put out an important must-read on american optimism and china. i dovetail this into the henry kissinger world order. your messages for more optimistic than the complexities dr. kissinger looks at. if we have a new world order, why would you suggest america can be so optimistic? henry's book says there has never been a world order, among other things. the extent that there has been as beenom world war ii largely because the united states has been the dominant power. that has allowed us to preserve a degree of order. sometimes people call it the american century which is what i call my book. i think the pessimism the american century is over is undue. there really is a capacity in the united st

allowsbeen off from iac investors to bet on dating sites without having to buy the other also owns oning 23% in the first day of trading. this company owns match.com and okcupid and raise $400 million in its ipo. it's seeing a good bump in demand for that stock. then there is square. arrange for the stock ahead of time that it sold below and with the gains today, it was still below the initial estimates for the shares. not only that, it's still below where the shares were the last time they raised money in a private funding round. even though we see this big game today, and that's a success for the company, it still pales in comparison to how much money raised as a private company. it's an interesting situation. i also want to mention twitter. bothdorsey is the ceo of companies and he said today that he is capable of doing both jobs. hese shares are up 1.5% but still has to do some work on that other job. twitter, since the ipo going back to november of 2013, the yellow line is the ipo price. initially, we saw the spike in twitter shares and they have come down substantially since the

the board has decided not to pursue an unsolicited offer from iac.'s list as -- have risen 50%. u.s. highways are likely to be more crowded by 22. forces in 15 years, two out of every new -- five auto sales in the sporting vehicles. cheaper gas and car loans are getting the credit. toyota's first fuel-cell vehicle has come to the u.s.. sold 34 of toyota its cars in california, the only state where it is available. the price, $50,000. -poweredrgues hydrogen cars are a better resolution to cleaner regulations and battery-powered cars. david? david: thank you. it is david this time. i must confess i'm not a big game, but my 13-year-old son is a big gamer. take us into your world -- you have had success with "grand theft auto," as well as with your nba game. where is the growth coming from? growth isk: the coming, externally to us, to what are now current-gen platforms from microsoft and sony. we expect further growth in the holiday season. that creates a talent for the industry at large. our growth comes from continuing to put out hits. every instance 2

consumermerge the review site with iac's home advisor.nder pressure from activists investors. tcs capital, which owns 9.6% of angie's list, urged the company to sell itself last month in a letter, with the company president saying the company has been "running thin." we see he has a point. shares are off more than 70% from the company's peak in july of 2013. today, angie's list is up more than 12%. stephanie? stephanie: thank you, abigail. before i go to break, i want to clear something up. we should take a look. i believe you were showing a screen earlier of kohl's earnings. matt: i think i had the wrong number -- ticker. kohl's actually up 6%. erik: important to point out, given the 40% drop in macy's shares yesterday. stephanie: they have something to celebrate. guess who else? india. it is the biggest and brightest national holiday, diwali, in full swing for hindus around the world. making artwork with colorful and colors.dyes they made an image of the buddha to spread peace. david: that puts us to shame. that is beautiful. stephanie: