icahn says they can do both.hey can do both. >> understand a lot of the debt offerings that they have done in the last three years, is to accelerate a lot of the capital allocation story to its shareholders giving them money at low rates domestically in the u.s. the problem that apple has with the tremendous cash hoard is the majority of it sits overseas. i think the number is close to 75 to 80% of that cash is sitting overseas. how are you getting it back in a tax efficient way so you can return it to the shareholders? i think that's the challenge for apple. i think there's a willingness on the executive management's part to distribute the cash. but they've got to get it back here. how do you do that? josh, what's your thought on what icahn told me a short time ago and apple's story in general? the next letter, the price, it's not a price target, it's a price today, that they say the stock is worth. >> what i find most it interesting there's no new information in that letter. it's what carl has been saying all a

carl icahn thinks it will be $200 a share. we break down that trade next. ? ? on this phone call sounds good. it's not muted. was that you jason? it was geoffrey! it was jason. it could've been brenda. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. i moved our old security whsystem out here? to see if it could monitor the front yard. why don't you switch to xfinity home? i get live video monitoring and 24/7 professional monitoring that i can arm and disarm from anywhere. hear ye! the awkward teenage one has arrived!!!! don't be old fashioned. xfinity customers add xfinity home for $29.95 a month for 12 months. plus for a limited time, get a free security camera call 1800 xfinity or visit comcast.com/xfinityhome. ♪ ♪ >>> another great day for apple as shares of the tech giant closed at another all time high. mike co do you think it will continue? >> we do. we saw 1 1/2 times the average daily call volume. four of the five most active options were all calls. what i think is interesting is we get some se

carl icahn's investment portfolio posted its first annual loss since 2008. a loss from a profit of 1.03 billion the year before. a sad story to report to you. contrarian investor irving conn known for making money in the 1929 crash by shorting stocks died at ripe old age of 109. up to the end he was the chairman of kahn brothers group which has a billion under management. a guest on cnbc over the years and he'll be sadly missed. >> thank you very much sue herera a moment to look what's happening in the markets. the dow was down 30 points. data at the top of the hour better consumer confidence. dow down eight. s&p 500 in the positive. a very strong one on a percentage basis. the best for the dow and the s&p since back in 2011. as sue mentioned, billionaire hedge fund investor carl icahn who has outperformed the majority of hedge fund managers posted its first loss since the 2008 crisis. pulitzer prize winning columnist jim stewart wonders why hedge funds are popular with investors despite their poor performance. jim stewart joins us explain. we thought calper

carl icahn thinks it could be worth.n a letter on his website, icahn thinks it's worth 216, margin cap worth more than $1 trillion, adding pinterest to help app discovery on the itunes store. lot going on, hard to keep up. >> we're going to dive more into that. i'm kind of skeptical on the pinterest partnership. pinterest is an interesting start-up company longer term but they don't have the scale of facebook, the amount of information about a broad number of people to make app install type ads as big a deal, i don't think. apple is in an amazing place. it's an amazing company right now. the question, though, is, can they take this iphone mojo and transfer it to another product. it's hard. it didn't work so well with the ipad. we've seen that. can they do it with a watch, services like apple pay. we will a see. >> it's incredible difficult. i am a shareholder, very happy to see the stock going up. thrilled to see uncle carl coming out and talking his book with great detail. used to be the sell side that got held up as be

melissa: carl icahn issuing a new letter to twitter followers.for not hoarding cash. icahn says he sees apple shares -- confirming he has sold none of his shares. not sold them. now for something i had to show you. a tortoise finally showing the world his hidden talent by hopping on a skateboard to make his way across a room. he has that big old shell to act as a helmet just in case he crashes into a wall. the electric slide taking a hit. tesla taking a hit. only 120 cars in china last month. that's according to reuters. jonathan hoenig is back. along with jolene kent. >> we are expecting they will tell us how many cars this were sold. it they hit higher deliveries, it will be a success. elon musk has a communication problem with his team potentially in china. (?) they aren't saying there are enough charging stations out there. another big reason why a lot of these chinese cars aren't selling is the fact it's very hard to get registration for your vehicle in big cities because they're trying to reduce on pollution. melissa: interesting. jonathan,

of carl icahn. i believe there's a fake carl icahn account. and this person did not say. that i saw the tweet, we went to paulson and company and asked for confirmation about this, they said it was fake. they contacted us and gone a step further, they're complaining to twitter, and paulson is not happy about this that someone was allowed to create what looked like a real account, no disclaimaers it's fake, nothing of that sort, he's out there trying to impersonate john paulson. social media could move stocks. liz: absolutely. >> john paulson does not use social media. it's not an isolated incident. the story about bullying and fake twitter accounts. liz: twitter has a problem, there's a bunch of stuff that's not real or violent or there are threats. >> it would be nice if they get rid of the jerks that are stock me. this one clown got mad about a fannie mae trade. liz: he reaps what he sows. don't take stock tips off twitter claiming to be john paulson. you were rushing down here to talk about how m

it seems apple was responsive to the kinds of demands that carl icahn made.ohn chambers and says that will not happen to cisco because he's listening to his shareholders. >> more "bloomberg west" right after this. >> this is "bloomberg west." to our special focus this hour the gaming industry. digging deeper into one hit wonders. niccolo de masi of glu mobile came all the way down the street to be my anchor buddy today. i want to talk about glu mobile. it's really interesting. you have gone from one hit too many hits. -- to many hits. >> we are starting a hollywood trend. celebrities are trying to work directly with people like ourselves to reach their fans and cut out studios, labels other traditional intermediaries. kim is the first of many. we've also sign katy perry. >> $23 million in sales -- $223 million in sales. talk to me about the game. my nine-year-old is limited to an hour of screen time everyday. she launched the kim kardashian game and 20 minutes later she is still playing it. talk to me about the gameplay and how you made that so good. >> pione

we wanted to compare that to other big icahns.ake a look at the richest guy in the world, bill gates, at $81 billion. that's almost $4 million a day every day of his life. on the flip side, the youngest guy on the list, mark zuckerberg is worth $34 million, about $3.1 million a day. they could be buying yachts whenever they want but it's valentine's day coming up this weekend, if you're looking for an eligible bachelor the guy on the list is a man named scott duncan. we don't have a picture for him because nobody can find a picture for him. he inherited his money, his dad started an energy company in texas. he's worth $6 billion from the day he was born, $500,000 a day. he might be the guy next door. we don't know what he looks like so look out for him this weekend. these are some of our big icons in terms of how much money they've made. gates and zuckerberg only two people who made over $3 million a day in their entire lifetime. >> that's a good number. thanks so much. i don't like inherited wealth. who wants to date a guy who in

even today a small group of protesters gathered outside of the new york city offices of carl icahn andoros urging them to sell their shares but that group outflanked by a larger circle of supporters carrying signs showing how everything about this company has proved controversial the earnings or debate over what bill ackman describes as a pyramid skoem and that demonstration was latino protesters saying their membership and organization has been victimized by the sales practices. others not at all, we love herbalife, we love the company. >> you can't do the story anymore or ever without mentioning the names ackman, icahn and soros. >> you can't. >> by virtue of the 13 f from soros. >> now it's worth taking a look at this. soros after dra in theically pairing their position between quarters two and three last year ramped it up by about 83%. soros now yet again a large holder of herbal life as of the last filing period. on the other side we saw people getting out of it. 100%. perry capital the most notable but tiger global, ok cue miss among others. a lot of hedge fund moment. >> thanks.

once upon a time, without companies of that size were too large, then carl icahn knocked on tim cookre and had a dialogue with him, and it seems that apple was in some way response into the kinds of demands that carl icahn made. john chambers says that's not going to happen to cisco because he's listening to his shareholders. >> erik schatzker, thank you very much. >> always glad to be here. >> more "bloomberg west" after this. ♪ ♪ >> this is "bloomberg west." the gaming industry, we will dig the been to the constant quest to catch a whale. we will do it all with the help of the ceo behind one of the most popular games in the world right now, kim kardashian halle week -- hollywood. i'm psyched to have you on. i want to talk about blue mobile. -- glu mobile. you have gone from one hit too many hits. nic: we are steering what is a hollywood trend. celebrities are trying to work directly with people like ourselves to reach their fans and cut out studios, labels, other traditional intermediaries. kim's the first of many. we recently announced katy perry. cory: your company, $225 million

when carl icahn a gets in.man, there are guys that raise the price for shareholders. ebay is one. uncle karl gave you a couple bucks to get out. charles: we saw du pont say they would fight tooth and nail. then the stock is up today. >> the 344 activist situations 2014, 75% of them, the activists got what they wanted. which is big. they're achieving the results they want. it's taking far and far less equity stakes to do it. sometimes they actually lose, but they really win by getting -- charles: you remember the green mel situation. are there som some similarities. they don't have a great track record. they're there for a year and move on to the next company. >> back in those days, it was more hostile situations. now it's more collaborative. there's a term called "suggestivism," which is trying to help and be right there next to the board -- >> they team up with the ceo and say, listen, we won't try to kick you out. we'll try to help you. and it's good for you if the stock price goes up because your shareholder

icahn himself. both here and in scripps.having corporate provisions that will allow them to perhaps be put into play as takeover candidates themselves fairly soon after the spin takes place. and in this case we also are seeing more of the same when it comes to settlements rather than fights. and i talked about this on friday. so in this case with manitowoc, they will be okay. we will not have a staggered board. without triggering the poison pill. all of which, mr. icahn goes on to say we applaud because they recognize the importance of both separating the companies as well as the importance of good corporate governance, and as well mr. icahn will have a right to appoint an additional representative to the board of the food service entity and the right to appoint one representative to the manitowoc board as well. settlements, we talked about it again, as i said on friday. whether it was ipg with elliot there have been so many. pepsi, dow, all of which avoid costly proxy fights and here we see it again. coupled with this new f

the carl icahn says it is worth $216. with his backing.urse he has $6.5 billion invested invested in this one. no doubt putting money where his mouth is. he likes what tim cook is doing, sharing money with shareholders. liz: the stock is up 141%. we're waiting on tech giant cisco as well. this tends to be a bellwether. there are some businesses. hard to focus on this one. >> exciting to see what happens with cisco systems. it is such a broad based company. the stock is down 2%. stock did better than others. cisco systems, as you can see coming with under pressure. david: the the roller-coaster re for oil continues with energy stocks getting hit today. >> i i it miss pretty painful. hard to guess where it is going to go. [closing bell ringing] citigroup yesterday was talking about $20 oil. liz: on a day when you had real shining stars such as apple, we're looking at stocks finishing mostly down. as we look at the numbers, you can see, these numbers are settling. we'll have a rock and roll action in the after-market session because of earnin

everybody from carl icahn to nelson peltz to daniel.se are the big famous names that get involved. but arguably, one of the most active of activist investors has been bill ackman. ackman sat down with fox business' dierdre bolton in a long ranging interview. i thought this was fascinating. great to see him on the network. dierdre: great to see him on the network. you would find this particularly interesting because ackman is a long-time believer and admirer of warren buffett who you did that fantastic interview with. it's the more traditional meeting the next gen. he said i actually wish people would think of pershing square as a holding company as berkshire hathaway. >> i asked warren buffett about activist investors, i've known from interviewing him, he doesn't like these guys. he thinks they're in for the short move and they're not long-term investors. >> that's where ackman makes this compelling case. listen, there are numerous positions we've taken where we are in it for the long haul. in essence, he's saying that doesn't apply to

as long as icahn is still there, the stock is probably going to 200. >> icahn is enough to keep in the stock. >> it is top heavy. if you overlay this with the s&p for obvious reasons, it takes the s&p everywhere. it takes the nasdaq everywhere. but i would say everyone was looking for new products. i still think it's going to 200. >> what do you think? >> there's nothing wrong with this stock fundamentally. we're at september 2012 level where is they couldn't do anything wrong. i think you have one more quarter here. i think the refresh and the upgrade cycle, the hardware, carries you through. apple pay, nothing right now. the watch i think is underestimated. but the scale is very high. >> all right. next up. two drillers, transocean and sea drill beating earnings estimates, but both getting hit in today's trade. a $900 million trade on low demand. >> get it out of your system. >> everybody good? >> the quarter that should have been good enough to get a relief rally in the stock, you didn't get it. the sea drill quarter wasn't great. i still think if you're looking for a trade in one o

schedules that cost the workers money and they will get a look at the investment this week from carl icahn the former revel casino says that a new jersey judge should not delay its sale. the casino responded today to an appeals court ruling last week that temporarily blocked the sale to florida investor straub, he is set to close on february 9th and is threat being to drop the deal if the sale is delayed. and revel is fighting off a threat from the utility provider to cut off service on thursday. >>> there is one word to describe the cold and windchills on the way to work this morning. brutal. the windchill was in the single digits in the tri-state area and it has only warmed up to near 20, if you are beginning to look forward to spring time, are you not alone. meteorologist, cecily tynan is at the action news big board with the latest facts and figures from accuweather. >> a tough morning to wait at a train station or wait anywhere outside. 5 in trenton and wilmington a windchill of 6 degrees and atlantic city the windchill dropped down to 5 degrees. the winds have definitely diminished b

icahn, the second largest shareholder gets out of this one. this is a no, no touch. it certainly is not an $80 stock any time soon. >> i never trusted their business model. i think many people, i'm one of them, have suggested ackman would be right in the long run. the way carl gets out is hits the bid. >> perhaps he does that. herbalife is such a tough name to trade. two strong personalities there. you don't know what either one are going to do. i would stay away from them completely. >> the premiums are off the charts expensive. >>> we want to acknowledge the death of leonard nimoy best known for playing spock. we should all strive to live long and prosper. that's it for us. see you back next week on friday and on monday on "fast." "mad money" is up now. >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want to make friends, i want to try to

. >> that's what the icahns point to, the apple bulls point to. about iphones, as josh said, ability payments. since about giving cash back to shareholders or buying back stock which tim cook says they're going to revisit again in april, two months from now. they're likely to keep doing it. >> right. i don't know why they wouldn't keep doing it. >> they will. they will. >> they will keep doing it. >> it's going to be some massive number. you talk about apple pay, certainly that's driving it but i think part of what really has been driving this stock was, anticipation into the larger format phones. we got those. you look at those record numbers. when you're talking about -- i mean the huge numbers that they put up, the record numbers, then you look at the app store numbers, record numbers there as well, so they are doing things right. this is the same argument you could have made with the stock hundreds of dollars lower when it presplit trading 400. the iwatch to jon's point i don't know if that's a game changer but i agree with you it sounds like

>> any times, you hear stories, warren buffett bought that, carl icahn bought this.ren buffett and carl icahn's investment goals are very different from most people's investment goals and their resources are different from their resources. i'm hesitant about blindly doing what warren buffett does. he is not trying to fund his 401(k). liz: had you bought railroads when he did in 2005, six, seven, you would have won. get to major indices at all-time highs. there were a lot of stumbles and a lot of triumphs this week for individual stocks, business leaders, politicians and others. who were the biggest winners and losers? tracy, you get to go first, sinner and loser. >> winner is walmart. raised wages, half a million workers are getting a pay raise because of walmart. investing in retaining for retention. thought that was great for walmart. my loser this week, amex. they tried to go to court, saying no one can use any credit card than other ours. judge said not to so much. costco fiasco where they separated from costco. there is a reason amex is down this week. liz: paul

investor carl icahn put up $20 million to keep the taj mahal open and operating through the bankruptcy proceedings. >>> overat the borgata, the casino plans to introduce a basketball betting competition next month. state gaming officials gave the borgata to host a free-throws for money contest. paying contestants will try to sink as many foul shots as they can in 90 seconds. the top four finishers will split $10,000. >>> here's one place where folks won't be covered up and bundled up, not really at least. the tattoo arts convention in center city. the show attracts some of the top artists in the world. they will be competing for prizes and big-time bragging rights. >> tattoo tv shows are on have helped bring it into the living room. we're seeing more families, a lot more in the way of medical professionals. people are smiling. >>> there's plenty of entertainment as well the side show performer with the puzzle piece tattoos. his name is the enigma which is pretty fitting. >>> this bitter cold valentine's day will be presenting an extra challenge for anybody making deliveries. here at th

. >> you had a spirited back-and-forth with the activist investor, carl icahn.ast week, you called him evil captain kirk. he said some things. i wonder though, do some of these activist investors actually have the same concerns you do? >> i think they are a result, not a cause. they are a consequence of companies being very cheap on the stock market. they are a consequence of companies needing to restructure. or needing to react to market changes. the activist is a little bit of a sideshow to the core question of, how is the company being run. >> is there a disconnect between wall street and silicon valley? is there a fundamental misunderstanding? >> i think in the long run -- i do not think in the long run there is a misunderstanding. >> i'm curious about your thoughts on payments. it is an area that is wide open. now you have apple pay, google wallet, paypal, bitcoin. how do you see the digital payments and mobile payments race playing out? >> this is another really big thing. the system has not changed in 20 years. this is another area where there will be mor

. >>> and carl icahn will give the trump taj majal its first round of money tomorrow. >>> meanwhile the revel hotel buyer is threatening to walk away again this time if the sale is delayed beyond monday. the judge was asked to lift the ban on the sale yesterday, otherwise it will be forced to liquidate. the nightclub located inside revel is suing saying it will need $16 million in investments. revel is also trying to keep the utility supplier from cutting off the power which is threatening for tomorrow night because of unpaid debt. >>> after several snow delays jury selection will resume today in the boston marathon bombing trial. this comes as dzhokhar tsarnaev's lawyers are trying to get this moved outside of massachusetts. they say a question nairnaire shows that over half of those who filled out their papers think he's guilty. >>> and chuck headacheleagel resigned and now they expect him to be replaced soon. >>> and now airport officials say tsa arrested a baggage handler in a gun smuggling case back in december. they will report to congress in april about screening all airport empl

and carl icahn's version, that would make the company worth roughly $1.3 trillion. apple are set to open even higher today. another 1%. >>> all right. coming up, hasbro is here and the ceo is bringing some toys that aren't yet in stores. like this nerf gun. a look at the company's -- >> he finally gets his boy toy. >> and later the ce rks of rio tinto. plus the "snl" writer behind movies like "happy gilmore" and "the water boy." sometimes the present looked bright. sometimes romantic. there were tears in my eyes. and tears in my eyes. and so many little things that we learned were really the biggest things. through it all, we saved and had a retirement plan. and someone who listened and helped us along the way. because we always knew that someday the future would be the present. every someday needs a plan. talk with us about your retirement today. [ male announcer ] your love for trading never stops. so open an account with schwab. and when a market move affects, say a cloud computing stock you're holding, we can help you decide what to do. with tools that help you

. >> he's known as the carl icahn of france.a reputation for not having activists investors. this has been throwing sharp elbows for about three decades. he has tussled with lazard and is on the board of vivendi. he's a very impressive investor. >> outage you find this deal? >> we were contacted by an investor who said we know you like complex things. to us, it's a no-brainer. i love this as much as i love the short vcs we publish. it's not like we are sitting here like most investors would do and say what's going to happen in the future? we are looking at right now, saying this is something where the per-share value is substantially higher than it appears to be. >> i would not say it easy to call out a fraud, but once you believe a company is a zero or a doughnut you should feel conviction, right? there's no business there, so i'm happy calling it a short. does it feel harder to call out a long? do you feel as convinced about volare as you did about sign of force? >> yes. we're looking backwards, looking at information companie

betty: carl icahn would be coming into your company and kicking you out.: he might, and maybe he should if it took me six years. quick yes, quick no, no slow maybes. [laughter] ralph: i think, too, the strong argument that i support that jeb bush made i would phrase it slightly differently -- we need a country that is ruthlessly focused on competitiveness. the truth is, we can sit here all day and say we want to protect this or when a project that -- or want to protect that. barriers to trade will come down consistently. things will be manufactured or made or services provided where the labor has the best combination of productivity and cost. the places that that labor can be done is all over the globe. we really need to focus on everything that we can do to make america the best place to do business. bob: i think corporate america -- hats off to what these men and women have done over the past few years. driving productivity, improving efficiencies on a low and slow economic growth in the country. they aggressively went off shore to get more volume in sal

billionaire investor carl icahn seems to be an apple fan.raised his anticipated price for the shares. su keenan has the stock. >> up another 2% a day after. the company's market cap topped 7 billion for the first time in history. apple shareholder and activist investor carl icahn was cheering from the sidelines and put out a lot of messages to that affect as we reported yesterday. the ceo, tim cook, at an investor conference in san francisco said they were not into cash hoarding and they were looking at giving money back. the billionaire who says he owns $6.5 billion worth of shares raised his estimate for the stock to 216 from what had been a lower estimate and said that he's looking forward to the capital return program. he anticipates a large increase to share repurchases. that could have been one of the reasons we saw apple shares rally. apple has raised the equivalent of more than $40 billion in debt to help finance dividends and buybacks. the anticipation over what will happen in the next month or two is growing. we also had apple addr

in front of the choo-choo and driving that company or. >> he does not want to get a call from carl icahnuld love to get a call from carl, no one else would you >> "market makers" will be back in two minutes. stick around. ♪ >> "market makers" will be back in just a moment. when we return, you know him the founder -- you know him as the founder of priceline. j walker will be here as our guest host. ♪ >> live from bloomberg headquarters in new york, this is "market makers" with erik schatzker and stephanie ruhle. >> online travel wars one may end up making your vacation a lot more expensive. we will be speaking with the founder of priceline, jaywalker. >> we will see whether amazon is the biggest loser because of the government's new rules on drones. >> who do you think will be the big winners at sunday's academy awards? welcome back to "market makers." i'm stephanie ruhle. >> i'm erik schatzker. it's 11:00 in new york city. >> any chance you will watch the academy awards? >> yeah. >> the grammys are a lot more enjoyable to watch because it is seniors, performers -- singers performers. the

what is tim cook doing with carl icahn, by the way?ake the tough decisions as well as the decisions that are important to the shareholders, customers, and employees? erik: so if you believe you are one step ahead, questioning shareholders all the time, that is the best strategy? >> i think you should already's that you should always listen to your shareholders, your customers. when we make commitments to the market and to our customers, we deliver. erik: john chambers always says it with a smile, but make no mistake, brendan, the question of activism is a prickly one. for john chambers, clearly, he just said, if you did not hear it, i am not going to answer this question every time somebody asks it. i am going to say no now so that you remember. given what tim cook had to deal with, and carl icahn, it is important for a guy like john chambers running a company as large as cisco, not to have to worry about the distraction of an activist. brendan: cisco has a bigger problem than apple did. cisco is facing an existential challenge. it sel

yesterday we talked about carl icahn putting a 216 price target.isco, another great performer today. a winner on the dow jumping on its earnings. moving the highest we have seen in seven years. big mover. trip advisor. priceline moved on the big deal. expedia and orbitz. $1.2 million deal. the whole thing jumped. they expect more consolidation in the industry. last, but not alast, but not le, american express comes under pressure as it terminates its deal with costco. great day overall. charles: golly, so confident. here to help the investment pros. paul diedrich. ceo chief investment officer. ceo and chief investment officer came back on a good day, paul. we have a new guy who we've been trying to get for a long time. matt vetto. hilary kramer. of a&g capital. hitha herzog is with us. retail sales are out. we'll need help to go through those. and matt mccaul founder and president of penn financials group. huge, huge day. got me tongue-tied. let's dig into the first real, real deal. the market got a lift from geopolitical news. it wasn't the greece

soaring today in just anything things are going north of $700 billion market cap no less than carl icahnnothing yet. to sail easily go north of 260 million -- to end its $16 of '01 $.3 trillion market cap. that is his opinion. but he is pretty good. but the budget -- the budget blowout over the veterans administration. >> the hospital my district hundreds of millions of dollars over budget and years behind schedule. >> if there is a problem in denver you owed more than i do. you can answer the calls to see if i make a difference. >> i run a large company. neil: what do they say about a good defense? colonel alan west over the anger. is an overblown? >> no. what you saw play out is the arrogance and a petulant response from secretary mcdonnell. if you do recognize leadership in the situation from the veterans hospital he should have broken down the united states in two regions and prioritize of those regions of one, two, three, a hospital billions of dollars over budget and service is not improving as something he should have been prepared to be answered. neil: beattie said he just got wo

he's not a household name like carl icahn or bill ackman, but he's getting there because he has becomee active, more vocal and has had a lot of success. one report i saw from a research group looked at what they called the activist top 10. for 2014, this guy was actually number one. he targeted 11 companies in public campaigns ended very well as a result. there was darden restaurants will stop justin smith's firm notoriously put out multiple hundreds of pages saying what darden should change operationally and it has made a number of changes. he's replaced the entire board as well and forced out the ceo. there's the office depot transaction. office depot had already bought officemax, which is something geoff davis had pushed for as well and yahoo! selling its ali baba stake is something he push for as well. he says yahoo! and aol should merge that has not happened yet. >> any others that are under the radar? >> he has push for changes at one that is being acquired by rock 10. he has a number of smaller semiconductor makers were he's made changes to the board of directors. one of them is

one of the biggest holders of apple carl icahn. >> he says it can only go up. >> of course. >> he isig holder. >> of course we would see him pushing the stock. he wants buybacks. he is in it for the financial engineering move. >> it is incredible when you think about apple's earnings a few weeks ago. more than any company ever. largely because of the iphone 6. >> they finally got it right in asia. the bigger screens to the asian consumer went nuts. apple screwed up in asia thinking they had to compete with the cheaper competitors. instead, the asian market was willing to pay so much money. it was just about that screen. once they got that right, boom. sales went through the roof. >> the average price i read for an iphone 6, $600. a luxury item. >> android is finding it hard to compete. they are giving their product away. >> cristina thank you. >>> temperatures plunging on the east coast with another blizzard forecast for new englanders. i'm so sorry to tell you this, boston. let's get to meteorologist derek van dam for the weather. >> 9/10 of an inch is what it took to catapult bosto

. >> carl icahn -- >> i know. cheryl: finally want to bring this to your attention because you know i love animals. a little nepotism going on. this is very suspicious. this is mattice. a front running dog for top honors. that is the dog right there. this is first cousin of president obama's dog sonny. they think it will win. i think conspiracy. >> donald trump asked for the birth certificate for matisse. they haven't produced it. cheryl: i'm biased. i have my own little dog. cheryl: we have a picture. >> i gave the producers of little luna asman. maybe not. how could this not be a winner, huh? >> by the way -- >> looks like an ewok. >> did obama admit to eating a dog. cheryl: don't think he admitted to it. but happened in his environment anyway. >> okay. throw that out there. cheryl: anyway. this was fun. >> that was, in case we get too squishy here charlie brings us back down-to-earth. cheryl: bring us back to a dark place, charlie. >> i read somewhere on some blog. >> saw it on menu at a place he was staying. c

carl icahn with a price target of $1.3 trillion market value.poke to a couple of people returning from the goldman sachs conference that took place where mr. cook presented a couple of days ago i think it experience and he said you're going to be talking to your watch a lot. >> well i mean -- whole foods with the watch further in terms of adoption of apple pay. i don't think this is elmer gantry. i think it's real because it's 14, maybe gets to 15 times earnings after this run. >> between the watch and -- >> what does kellogg's tell you? sold to you mr. tony the tiger. i'm shorting both tigers. >> kellogg down 4%. >> i can't short. jim cramer -- i can't even own a stock. i'm not even allowed to own cash. >> all you're allowed to own is homes. homes. >> people say cramer shorted tesla. cramer can't own any stock. >> no no. can own a bar. >> i can own a bar. that's why i own houses. >> you can invite us over to it a lot. >> listen. that casa mugos is playing. >> this will be an all-time high on apple at 126.30 here. as david mentioned, carl has hi

to increase, they're going to continue to spend money in r and d, so i have a -- deirdre: and carl icahning, apple, what are you, kidding? $1 trillion is where it's going to hit. he's making bet withs on that. >>> hold that thought. men and women measure risks differently, women easily outperforming men. we're going to show you the stats, talk about the reasons. we are back to make you more money in just three minutes. ♪ ♪ ♪ ♪ tigers, both of you. tigers? don't be modest. i see how you've been investing. setting long term goals. diversifying. dip! you got our attention. we did? of course. you're type e* well, i have been researching retirement strategies. well that's what type e*s do. welcome home. taking control of your retirement? e*trade gives you the tools and resources to get it right. are you type e*? ♪ ♪ deirdre: welcome back. time for our next real, real deal. we talked about it last night, the possibility of apple building its own car. overnight lots of sources confirming that this is, essentially, what's happening. so you have numerous analysts saying apple is set to make an el

investor carl icahn put up $20 million to keep the taj open and operating through the bankruptcy proceedings >>> meanwhile, the borgata will introduce a basketball betting competition next month. state gaming officials gave the casino permission to host a free throws for money contest. contestants will try to sink as many foul shots as they can in 90 seconds. the top four finishers will split $10,000. >>> the time right now 9:26. still ahead on nbc 10 news today, a police officer shoots a suspect in bucks county. nbc 10's jesse gary is live at the scene in morrisville following the investigation. jesse? >> that's right, rosemary. coming up after the break, i'<6 z tell you more about this officer who pursued a car thief, how brave his actions were. we'll talk about all of this coming up after the break. >>> weatherwise, we're quiet this morning. very cold temperatures but not nearly as cold as we'll drop over the next couple of days. here's a live look outside. we're tracking the chance for snow later on today, especially this evening with snow squalls moving in. winds will pick up temperatur

carl icahn said the stock is worth $216. he's touting apple and tim cook and the innovation there.epsico beat the profit. that was the winner. peer one got crushed. they have to change their financial chief. that was certainly one under pressure. (?) aol came under pressure. concerns about subscribers. the big picture though is that we finished relatively flat after a losing day. we had been down over 100 points. back to you. charles: thank you so much, nicole, appreciate it. here to help us out. another big, big session. a new face. tim specie. icener amner. one of my favorites. i'm glad i got you on the show. (?) danny hughes. she's also one of my favorites. scottie nell hughes. news director. look at that. you bring that southern freshness here. look how you look. you look fantastic. >> and sun shine. we need to have some bright in this chair multiply. charles: we have bright in the market today. (?) >> hitha herzog. of course, matt mccaul founder and president of penn financials group. he's sort of the everyday man. what is that? matt: sidekick. charles: let's do it. the first

carl icahn pushing hard to do even more aggressive return to capital to shareholders. i've been sort of hanging on, definitely not adding for the last $23 at least. so feel a little bit like i've missed it. now i wouldn't sell it. might be counterintuitive. but i do think there's some momentum there. but i would not add here. >> i'm not going to pretend i've been bullish the whole way because i'm not. i've been trying to figure out ways to trade it. pete says it's a stock you've got to own, not trade. that said, a couple weeks ago, i think it was a couple weeks ago, you had that costco announcement with american express, dropping american express. one of the first things that came to mind, i know a lot of people tweeted and talked about it, is does that set up apple pay to move in there? and if that's the case, does that open the floodgates for them to move in other places? i think that's probably true. that might be the catalyst along with some of the things that pete just mentioned that makes the stock continue to move higher. >> i would say there's a broader issue f

to increase, they're going to continue to spend money in r and d, so i have a -- deirdre: and carl icahn saying, apple, what are you, kidding? $1 trillion is where it's going to hit. he's making bet withs on that. >>> hold that thought. men and women measure risks differently, women easily outperforming men. we're going to show you the stats, talk about the reasons. we are back to make you more we are back to make you more money in just three of trucks splashing no supthrough the mud.ootage no cowboy hats, horses, or hay bales. just a ram 3500 that, head to head, can out-tow ford's f-350 by more than one and a half tons. get more facts at ramtrucks.com. multiple medications, does your mouth often feel dry? a dry mouth can be a side effect of many medications. but it can also lead to tooth decay and bad breath. that's why there's biotene, available as an oral rinse, toothpaste, spray or gel. biotene can provide soothing relief and it helps keep your mouth healthy too. remember, while your medication is doing you good, a dry mouth isn't biotene, for people who suffer from a dry mouth. you

tomorrow investor carl icahn will give the taj its first installment of $20 million. he promised the money to keep it running through the end of the year. taj mahal's parent company remains in bankruptcy. . that parent company, trump entertainment, faces a legal battle with workers union. the main union filed 27 unfair labor practice charges. the complaints allege the company threatened workers, changed work schedules and rules. those changes, the union says, cost employees money. local 54 of the unite here union has been fighting the casino for months over working conditions. trump entertainment resorts declined to comment. >>> has the streak come to an end? why experts say gas prices may be on their way back up. >>> plus, we have new video in a bomb threat investigation. why investigators in montgomery county want to know who was making this call. >>> and boston covered in snow. the record amount that has fallen in that city and why it's causing problems for the patriot's super bowl victory parade. >>> it has happened again. this time an online video purportedly sho

carl icahn, prediction of $215. that is where he thought it was valued. 133 and change.27 billion plus. exceeds all stocks. david: going in the opposite direction is alibaba, down 1 1/2%. touching its four-month low today. >> it is a four-month low. far below the first day of trading where it closed 93 bucks. [closing bell ringing] down 18% this year. david: bells ringing on wall street. up and down day for the most part. nasdaq may hold on to a very slim lead. it is only index we're covering in the plus category. all others are down. we should mention with nicole, boeing has a a lot to do with reason why the top leader in the dow jones industrial average is down. sometimes one stock will pull the dow down a lot. that is what happened with boeing. s&p is down as well, just a fraction. nasdaq holds on to a five-point gain. we'll take it. russell 2000, as i was talking, go into the green. up and down day in the market. "after the bell" starts right now liz: and, listen, even though it is a tiny percentage, that is another record for the russell, if the numbers settle to th

still some headlines that will then to the upside but we haven't seen it in a while and carl icahn'same was bandied about and none of that has helped at all. that being said, i think it will get to levels where it's just valuation. >> all right. coming up next. the twitter call officially halfway through. the headlines from ceo dan costolo and dan is putting out his fine prints and karen fineman with word on maybe trying to sugar coat the news. stay tuned. at ally bank no branches equals great rates. it's a fact. kind of like shopping hungry equals overshopping. >>> live from the nasdaq in times square, here's what's ahead on "fast money." twitter shares soaring after hours after the company pete earnings expectations. the earnings conference call is about halfway through. we'll bring you the latest from the ceo dick costolo. gopro going on a wild ride, the stock down after announcing the chief executive officer is resigning, but it jumped as much as 12% after the earnings release. the latest details from the ceo nick woodman and estee lauder rallying today on the back of its earning

carl icahn, i guess did come through, there's value here.ust don't know if this is going to be the best we're going to see in terms of translating to the bottom line. >> buffalo wild wings, reporting a 20% pick-up in sales. doc, you had the super bowl, obviously after the quarter was over, but still. people keep going there buying the wings. >> buffalo wild wings doing a fabulous job and they say their commodity basket, of course the things other than liquor that they serve at buffalo wild wings which happen to be chicken and a bunch of other things, are going down. that's great for them. means margins will be expanding. they did this quarter. stock is at an all-time high and just screaming to the upside. >> coming up, what a week for the halftime portfolio challenge. we're looking at the top three stocks and the trader trying to keep up his momentum after another move today. up next, how does the street's biggest gopro bull feel about the stock today? it's getting crushed. a wipeout. when the halftime show comes back. when the moment's spon

carl icahn has a $6.5 million investment in apple. >> he wants it to double. business network, go to foxbusiness.com/channelfinder. you can see nicole over thursday with us. 27 minutes now before the top of the hour. i saw you typing away. did you put anything together for the news? >> a lot of news. good morning to you all. hope you're off to a great day. the man accused of shooting and killing a muslim family in chapel hill, north carolina supposedly had a long simmering feud with them. police say that krig stephen hicks pulled the trigger over a parking dispute but the family of the victims claim that he targeted them for their religion and was "a hateful neighbor who had menaced them before." >> we are still in a state of shock and we'll never be able to make sense of this horrendous tragedy. we ask that authorities investigate the senseless and heinous murders as a hate crime. >> there are local reports that he didn't like any religion at all and maligned other religions. hicks is charged with three counts of first-degree murder. >>> remember the hardest

brings apple closer to the filling a pledge to boost the value of its stock amid pressure from carl icahnst says it may have hit its peak. he is bill wyman, head of technology strategy research at evercore. bill, why do you say apple may have hit its peak? it has issued one of its best quarters ever. >> apple is a fantastic company in the middle of a great product cycle. i think the challenge is everyone knows that. everyone loves apple, i do too. i think the question goes to sustainability. how does it sustain that? i think the question is they probably can't over the next three or four quarters, but ultimately apple -- they probably can over the next three or four quarters. >> intech -- in technology, it is hard to predict from a year from now. apple did not invent any new products, they just made their current products better. my could that not be enough to sustain momentum? >> think that is right. apple kind of rose and fell driven by the product cycle. they have just launched the iphone six, a massive quarter. we can expect continued upgrades from in install base of around 350 millio

< icahn. are we back to putting it on me. sfax is going to be gorgeous lot of sunshine.ling dublin to see much change. sixties to low '70's with lots of sunshine. we do have that morning fog and a live look at the golden gate bridge. we do have areas of dense fog. and the delta and that's where our seen the worst of the fall. that is a shoreline visibility the show a healthy little bit on edge of time needed for the roads this morning. the fall of the forecast lots of sunshine with temperatures above average so upper 60s and even some '70s. over to the east bay some spots are a little warmer than yesterday's. <