intel coming in at 51 cents. looks like a miss by a penny on the bottom line but looks like a beat on the revenue line at $13.8 billion. important to remember, this company reversing what it had done. not necessarily reversing out pc market. making very aggressive predictions for sales when it comes to mobile chips. wry an kranich said we'll do 40 million in mobile chips, when i say mobile, i mean tablet. we'll have the chief investment officer stacy smith coming up in a mmment, first on fox business. we'll ask him about that. we'll ask him about mothballing, apparently mothballing of arizona plant. do they see slower demand or see something else at work. david: about the i was, the 40 million tablets they say they will fill with intel processors that is quadrupling from the current. so that is a huge increase. i want to go to mark newton on this, you're a technical analyst on issues sometimes deal with what intel does and their projections are. they're so tied into the pc market. this week we had jpmorgan's pred

>>> inside intel. earnings miss. revenues beat. but what's the most important take away for investors? >>> critical condition. california suffering from an extreme drought. now farmers are making tough decisions that could impact the price you'll pay for things like beef and lettuce. all that and more tonight on "nightly business report" for thursday, january 16th. >>> good evening, everyone. a mississiperable day for invesn best. the world's largest electronics retailer didn't live up to its name when it comes to its stock. it plunged almost 30% today. investors dumped the shares after the company reported it had poor sales during the holiday shopping season, saying it suffered from heavy competition and deep discountsing. hot-selling products were in short supply. smartphone sales were slow. and with so many people shopping online, fewer people came into its stores. sales fell nearly 1% instead of rising. courtney reagan spoke with best buy's ceo and has more on what's next for the struggling retailer. >> reporter: best buy share

renee james, first on fox business, president of intel. did you hear intel brought out a baby. won't tell you if it is real or fake. but i have the baby. they used it to display the brand new wearable technology called edison. bob pittman, first on fox business, clear channel i-heart radio. radio is cool again according to bob pittman. a big challenge, david. you like pandora, spotify, a lot of challenges out there. we'll see if you a few minutes with all the breakouts. david: bob pittman's high-end tequila. ask him about that. love that stuff. >> sure will. david: janet yellen is officially confirmed as the next federal reserve chairman but with record low support from the united states senate. coming up next former representative ron paul tells us why he thinks yellen will be more excessive in money printing than bernanke was. what that means for the ending tire economy. you don't want to miss dr. paul coming up. ♪ [ male announcer ] once, there was a man who found a magic seashell. it told him what was happening on the tradg floor in real time. ♪ the shellrought him great fa

and intel's are in the 20s. i think this business could be in the future. >> i love the call because you got ahead of it. right or wrong, at least you had the courage to make this call, which i think is great. i know embedded is p.c. demand stabilizing. if you look at intel in the last 12 years, sideways to slightly higher, it hasn't gone anywhere. is it different now? >> really two reasons why we upgraded the stock. the p.c. business is showing a pulse for the first time in two years. and number two, we really like the new ceo. and i think what intel is realizing is that the way to the mobile business, the way to get into tablets, the way to get into cell phones is not necessarily through intel's own chips. it's through the foundry business. that's something a statement he made late last year. that's when we first started to take notice of the stock. and really the improvement of the p.c. space pushed us over the edge. >> chris danely, upgrading intel. taiwan semi, freaking out, talking to customers. >> i like

intel on deck to report. >> intel obviously so key today after the bell.he numbers. a lot of analysts believe they could outpace and beat lowered expectations. don't forget several analysts upgrading intel. for the week it is up about 4%. david: nicole, we have a special report what is happening with the stock. it has plummeted so dramatic i. best buy was darling of 2013, up 300%. down 28% in one day. what is going on? >> that is absolutely right. it was a darling but today a disaster. not sales they were expecting heavy discounting. competition from walmart around like and online and stock tanking 26%. liz: what a roller-coaster ride for nu skin enterprises just getting slammed. >> liz, we brought our viewers right to the post of nu skin where they have chinese regulators probing the company for ponzi schemes and the like. the company says they're working with authorities, training their people there and it will be an ongoing battle. david: a couple of days ago we had an analyst say watch solarcity. it will pop more. [closing bell ringing] >> watch it pop

intel, it's in the fight of its life.ntrolled the personal computer for 30 some years. they were given that monopoly by ibm when the whole pc era started, they along with microsoft. you use their chips every day, but intel's not in smartphones, not in tablets, not in the ipad -- sandra: but they want to be. >> the question is, can they transition from having a monopoly, 90% of the chips that powered these pcs for 30 some years into being a supplier that is one among many? sandra: how are they going to expand if they're chopping their global work force? >> they are spreading this about in different parts of the company, and what they say we have lots of different divisions that do different things. we'll sort of take here and there selectively the people we don't need as much was we're putting less emphasis on the pc, and we will staff up in other areas such as mobile chips. sandra: something i found fascinating is you believe the way intel reports its earnings doesn't exactly benefit the company. right now they break up t

liz: now in the last couple of minutes we are now seeing intel really strengthen a bit.tel cutting 5% of the workforce. >> they plan to tighten the reins and have to cut costs and that means workers. could be 5% of the workforce, 5,000 people and we'll see if that comes to fruition. david: liz points out sometimes when a company cuts workforce the stock goes up. happened to macy's. american express before. american express getting a big bump. [closing bell ringing] >> american express is the reason the dow is higher. we're higher for the week. david: unfortunately not all intoday sees are higher today. we'll take a green arrow on the dow. end of today's trading session looks like it is trading up a bit. it has been higher. all the other indices are higher. it is a down week for the dow. but it is kind of a mixed bag on reporting front. american express we reported last night doing extremely well today. morgan stanley as well. we have an interesting hour so stay tuned. liz: time for the front page headlines. consumer confidence unexpect he hadly falling in january, droppi

>> i like intel. >> what's the case for intel here?ebound for now versus the secular decline most people believe? >> i think they're much more positioned now for tablets, kelly. that's their focus. and that's where it should be, quite frankly. i like what they're doing there. i like what they're doing in wearable tech. john can probably speak to both of those. that's where i think the future is for intel. that's what they're addressing. we'll have to see exactly why the bottom line number looks to miss by a penny. but at least that's a miss by my numbers. maybe it's not a miss overall. >> we'll get into that more in a second. also want to show you american express. again, moving lower after hours. those earnings just out. they are light. looks as though they're light on the earnings side, even though beating perhaps a touch on the revenue side. let's get straight to mary thompson with more on that. >> hey there. american express' earnings light, $1.21. analysts looking for $1.25 there. revenue in line with estimates at $8.54 billion. u

i think intel does matter.conductor index versus the s&p, it's a very good indicator. last year the sox tracked the s&p 500 practically perfectly, what's the biggest component? i think it's intel, i think intel matters if for no other reason than it's a good indicator where the markets are going. i think intel does matter and the strength of the semiconductor industry matters an awful lot. meanwhile where is the growth? that's what we want to know about. i've been mentioning europe. i want to hear comments on how europe was doing because they were very cautious in the prior quarters. jeff immelt said we saw good conditions in growth markets. strength in the u.s. and a mixed environment in europe. i call that modestly bullish. did you see what schlumberger said, the overall global economic outlook continues largely unchanged with fundamentals continuing to improve in the u.s. and are rope seemingly set for stronger growth. let's say modestly bullish overall, still not strong commentary but generally good things.

the winners here, real leadership names, microsoft and intel as nicole mentioned.acular. the best move since december 18th. nasdaq getting nice bump from the semiconductors all moving higher. david: "after the bell" starts right now. david: it is an exciting day. let's break down today's action. we have ron weiner, rdn financial group founder and ceo. why he expects double-digit returns this year. lary

intel down more than 3%. that brings us to the top trades, kicking it off with intel. joining us is doug friedman. you have a sector perform rating on the stock. you down graded the stock in november. >> i moved away from intel because i didn't like what management was doing. they're basically doubling down their investment in the tablet market and burning through the earnings upside that they could have created. we're looking at companies that are looking to remove the discount. one of the names that i think will remove the discount is marvel. that's a name we continue to tell people to buy. especially on pullbacks. we think there's a little headwind in the legal case they're facing. >> it's brian kelly. everybody is concerned that the p.c. sector would be a problem. but looks like there's a server problem here in intel. are you picking that up from the conference call and what you see from these earnings? >> absolutely. the results stated were p.c. exceeded expectations. but it was offset by the server side. and that's a negative mix for the company. they were more p

but verizon is taking over intel's startup. what is verizon seeing that intel is not? erlichman joins us. opportunitya huge for verizon. if you look across the country, verizon could potentially rollout tv service. some people are familiar with its files offering. it can beat with -- it competes charter and and satellite. there is plenty of usa for verizon files to be available in. throughy have acquired intel is a simpler technology to roll out. if you are talking about paid television through the internet as opposed to a big dig, the infrastructure costs that you generally see with rolling out into the new markets, the regulatory hurdles, all of that stuff to a certain extent goes away by buying something like this. you can talk about the cool technology behind this at a time when we are wondering if apple tv will come out with its own service. >> that is what verizon sees, but why did intel give up on this? it was a pretty big investment to start and then they said, you know, nevermind. >> it is a great case study. we have seen a willingness over intel's history a w

intel's youngest intern.e back with more of "bloomberg west" after this. ♪ >> welcome back to "bloomberg west." i am emily chang. at the impactlook of immigration on technology with filmmaker and activist jose antonio vargas. that is ahead of president obama's state of the union address. we have some breaking news. trish regan has just spoken with carl icahn. i know that apple has been trading down today. did he use that as an opportunity? >> he sure did. he bought another $500 million worth of stock, bringing his stake up to more than $4 billion and buy some of my calculations, one of the largest shareholders in apple right now. there has been a lot of criticism about his plan. he has been outspoken. -- dinnerh dinner with tim cook and has pushed for this buyback. he would like to see $50 billion a year in a buyback plan. it is something that has come under criticism with a lot of people saying that is too much. there are better things to be doing with the money right now, including buying new companies, inv

still to come: one trader who is all in on the intel action. plus...who wears the pants on wall street better... men or women? and next... a former merrill lynch chairman reflects back on the glory days. that's coming up after the break with bill moller! this month the financial titan, merrill lynch is 100 years old. it's no longer an independent company. crushing debt from mortgage-back securities on its books & a collapsing stock price merrill lynch was bought by bank of america in the midst of the financial crisis. but it is still the world's largest brokerage. with its long history there's quite a story to tell and it is told in the book "catching lightning in a bottle: how merrill lynch revolutionized the financial world. winthrop smith junior is the teller of that tale. you are a former merrill chairman and son of one of the founders. beyond the recent turmoil, what are the important components of that larger story of the company? >>well, thank you bill. merrill lynch is known as the firm that brought wall street to main street, the inven

intel down 5% in after hours.s currently off nearly 4% in frankfurt. >>> let's start off with housing. we start off with this snapshot of u.s. futures. pretty flat is where we're indicated at the moment. we snapped a two-day winning streak yesterday. the dow down 64 points. the s&p down 2.5. pretty much on fair value for the dow as is the nasdaq as is the s&p. so new england strong indicated at the moment. european equities, pretty much reflect that, as well. the ftse 100 just up 8 points. it was down yesterday. means it's about 105 points away from the all-time high. the xetra dax is up 0.5%. cac 40 up 0.4% and the ftse mib is currently up 0.2%. ten-year treasury yields, 2.84%. it's been an interesting week for yields. lower today. gilt yields are higher. we had a much stronger than expected retail sales number ow of the uk for december. uk sales up on the month, 5.3% on the year. that's the fastest annual growth since october 2004. smaller stores selling three times the pace of the bigger stores. and it was groc

that is intel's big failing.go to all of the big electronic shows and they are a bad hardware company when it comes to building these products. what they do well is build semiconductor chips and sell them back to people who turn them into products. they should have bought arm 10 years ago when they were reasonably inexpensive in anticipation of this mobile market and they did not. this is the sad story. every time our industry goes through a shift, and we are clearly going through a shift, the laggards get left behind and there is a whole list of these now. >> it is an industry that goes so fast, you have to make sure that you are the frontrunner. >> every single shift. >> "the pulse" is coming up about 10 minutes from now. we are joined by guy johnson. we will be talking shell, nsa, technology. >> we have some great tests on the shell story coming up. we are going to give you some analysis. the bulk of analysts still have a buy rating on the stock. what will be the story after we digest the news? 17 days into th

it is not intel inside. the smartphone market has been a problem and they are looking to penetrate it. >> they will be and 40 million tablets this year. who went out and bought a pc this christmas? very much a business focus. changed over the last five years. you want to cruise on the internet, you are sitting on the sofa. forecasts this quarter, $12.8 billion was the expectation and if they could make $400 million in their side, that would be good. >> we will bring you the very best in site a little later. on intel willea be joining us. ryan chilcote hot on the basketball beat. european editor david tweed joins us from copenhagen. let's kick off with you today. good morning. >> i'm here for two reasons. i have been looking at denmark's answer to silicon valley and how they are using technology to turbocharge farming. i've also than looking at another issue that could occur here in denmark as a result of rules coming from the european .ommission what have you been looking at? >> the nba came to london last n

what do you think about earnings in intel?ooking at an implied move on earnings of around 5% for intel. and that's very interesting because on average the stock moves less than 3%. it's not really a high flyer on earnings. however, we've seen a lot of options activity across a lot of different expirations going into this report. one of the most active lines is the march 28 call line. we've seen huge blocks of calls being bought. earlier this week i went ahead and bought those with them and it's already been a very profitable trade for me. i think from a risk management perspective staying long those calls through the report is probably not the best move for me so i will be looking to exit them sometime ahead of the number. the stock has come up quite a bit since their last report. it's up 21% over the last 12 months but 13% since their last earnings report. i think it could find sellers if the number comes inline with expectations or is not as good as people are expecting. >>thank you james. we will be watching. >>thank you. i

ge is in a transition year and intel lowered expectations.cks for 2014. they may not be good stocks for tuesday, but for 2014, i think they will be. i'm jim cramer and i will see you tuesday! >> narrator: in this episode of "american greed"... stefan wilson says his investment fund is a surefire winner. >> you either work for your money, or your money works for you. >> narrator: investors even mortgage their homes to join his fund. >> he would encourage them to, as he said, unlock the dead equity in their homes. >> narrator: but investing with wilson comes at a very high price. >> it absolutely killed my grandmother. she was crying about this when her heart burst and she died. >> narrator: but first, larry salander is one of the biggest names in new york's art world. >> he was a big deal. people would look at him and say, "that's a really successful dealer." >> narrator: but collectors see red when he swipes more than $100 million from their pockets.

let's take another dog of the dow, intel. another upgrade from intel, this time from bank of montreal. why? because they verified several times that the personal computer market is bottoming. that's also the reason for the endless rallies in sea gate and western digital. it was supposed to be the layup short for 2014, the pc business. i'm astounded by the action in these stocks. my charitable trust owns a position in intel. i'm concerned the stock has moved up too far too fast. but my instincts tell me to stay along for the ride. it's been ages since intel has done anything. i'm sure there is something very good and fundamental happening there. how about the newfound activism in tech stocks. that's something new for 2014. elliott management, smart activist fund, makes you go back over many of the hardware and software companies that have seemingly done nothing for years and years and yet suddenly could be worth a lot more than people thought. this group is so sleepy, it's ripe for a shakeup, hence one of the reasons why the s

founded the company, which intell later acquired. partly because of the media fire storm surrounding mcafee, the man. he made headlines for escaping wrong death lawsuit. the security products will now be named intell security. >>> a man doing some hand gliding went out of control and ended up in trees. he crashed just before noon. the fire department left the 53- year-old pilot and glider dangling 50 feet off the background. he was too high, so they enlisted the help of a chp helicopter. the man was gently lowered to the ground. as for the glider, it's in the trees tonight. >> you've heard of the so- called, google buses and there was that mysterious barge. now google is trying out something new. we seat allen martin to figure out what it's up to. >> google employees were getting off after a 47 minute ride. shortly before that, chopper 7 followed them. the triumphant is 27 feet long and built to impress. in google's case, it's more like a shuttle bus on the water. >> carrying passengers for a tech company on a trial basis to see if i

>> well, that's the whole problem for someone as large as intel.ld come close to helping the top line would be smartphones and they have completely misexecuted for the last ten years on that and it's no different today. they are pretty far behind the smartphones. >> you have a market performer. we have to leave it there. thank you for joining us. we will be watching wearable tech from intel. >>> marissa mayer is making waves, announcing a focus on video and digital magazines. what does that mean for rival aol? the ceo tim armstrong joins us for an exclusive interview at ces. julia? >> reporter: tim armstrong, thanks so much for coming to talk to us today. so marissa unveiled this new program to put a lot of money in content. what does this mean for you? does it put pressure on you to change strategy? >> no, as a matter of fact we're very big partners with yahoo!. three years ago we decided to invest in video content and advertising. aol's results, i'm sitting here with you the first time in almost a decade that aol has grown. we will end 2013 with

arm intel to qualcomm, to holdings. with me is the ceo of that company.k to us about where you will find arm technology on the floor. pretty much everywhere. >> that is right. cannot tell with these devices that there is a microprocessor inside. that is because there is a chip in their built by one of our licensees, a powerful microprocessor that enables what these gadget do. wheren you think about your business is going, apple has been an important business partner. apple does not come to ces. .ooking for clues on innovation does that matter that they are not here? >> there are so many companies here showing off innovations, be it big screens, handheld , newes, tablets, phones internet of things are emerging devices. apple, signingof a big deal with china mobile, how does that affect your partnership with them, does that change anything? not particularly. with china mobile or with any iter big company like that, is all about enabling volume, enabling choice to consumers. there are lots of devices out there, handsets, tablets. the more we can proliferate

intel, here is a look at intel, we have been watching a lukewarm forecast for revenue going forward down.3% after returning sitting at $25.64 of the earnings were mixed, a good way to say it and over the past year shares >>> 10%. lori: thanks. ashley: twitter shares jumped 4%, stock gets a buy rating from steeple nicholas. twitter is the most powerful and destructive social media platform and it comes as the company is looking to shake up another sector, retail, twitter reportedly reaching the deal with the company that processes credit-card payments, the deal will allow users to make purchases directly to their twitter feet into will mean big bucks for twitter which right now only has three sources of revenue. ashley: walmart defending itself against tax byre subsidies low-paid workers, let's get to elizabeth macdonald. ashley: the first real-estate window shopping, ceo pete flint will be right here joining us to talk about real-estate and slumping mortgage demand impacting the company's housing prices. lori: look at the winners and losers on the dow, the index up 40 points with laggers

analysts at jpmorgan, upgrade the intel to overweight.k the pc market will be relatively stable this year. second, watching how the data center group performed. that includes sales of chips used in server systems which can be a volatile business, but the real question, what is intel doing to get into smartphones and tax? intel missed mobile. now trying to buy its way into that market. fbr's chris roland, intel gives tabletmakers, $26 per tablet. three things to watch ahead of intel's earnings. >> win, two, three, you delivered, josh lipton. >>> on tap, extreme drought in california could have a big impact on your grocery bill. a live record ahead. >>> and happy company, wall street. finding out bonuses today. we hope you're truly happy. if not, we've got the perfect app for you. if want to tell your boss to take this job and -- put it? this app will to dop f it for y if you're too chick ton do it yourself. with her. and it always has been. but your erectile dysfunction - it could be a question of blood flow. cialis tadalafil for daily use

ge is in a transition year and intel lowered expectations.and will be very good stocks for 2014. they may not be good stocks for tuesday, but for 2014, i think they will be. i'm jim cramer i will see you tuesday! >>> president obama lays out his plans to scale back the nsa surveillance program but here's the remaining questions. do we really need these changes? are we less safe tonight than we were yesterday and where are the complaints from any supposed injured parties? we are going to have a full debate. >>> and the obamacare care story changes to the explosion of medicaid, the quality of doctors for that program, and the deterioration of emergency room services. >>> then, a new study ranks all 50 states based on their fiscal health. their results are a stark divide between red and blue. and

at intel, they are. not superstrong for and earnings-per-share standpoint. the mid-quarter revenue guidance is about $6.4 billion. less thanlittle people thought might be happening with this company going into what might have been a great quarter. qualcomm chips are in the iphone. you might think they would be a beneficiary to the availability and china. >> have they been transitioning well enough to this new universe? >> qualcomm is arguably the dominant chipmaker in the new world of mobile. they are the dominant beneficiary because just as intel -- it didn't matter if it was ibm, dell or compaq, it didn't matter back then because intel is going to win. you could make the same argument about qualcomm. >> intel is to the desktop as qualcomm is to mobile. it's almost like a bond. when they control the market, it is tough to get that much bigger. >> they continue to do the capital reinvestment that intel has had to do. company just continues to dominate. >> good news for them, tough for intel. >> let's mov

intelligence priorities and those intelligence priorities are decided not only by the director of national intel against but also in the white house by the president. >> now the intelligence

intel says there will be more than 50 2 in 1's in 2014 for as low as $349.t's a great product because you get the best of both worlds. you get the power and performance of a pc because it's got an intel core processor with mobility and battery life of a tablet. so we're expecting big things from that category. >>from an investing standpoint, what are some bigger names that investors should watch for this year? >>some are skepticalthere was a lot of buzz about snapchat for example in 2014 and then they had a massive data breach towards the end of the year. when it comes to startups companies are sometimes a bit reluctant until the company's been around for a while. so snapchat being an example of thatbut certainly when it comes to content, with those 4 k tv's that i talked about behind me, netflix is still doing so well with their original programming and now 4k programming coming. so netflix is one to watch. of course the likes of samsung and sony and lgthe big tech powerhouses. google is about to debut google glass, although not expected to be a mainstream

number seven is intel, down nearly one percent.s report due out after the bell. 13.7 billion dollars in sales. we will have those results coming up for you. >> aol rising 11% today. i have reached a deal to sell a majority stake in its news division. it has been part of a strategy to transform from a dollop provider to and advertising publisher. >> number five, seaworld jumping eight percent. the movie blackfish did not receive an oscar nomination today. issue with thet film. we don't agree with the premise of the film. it is bothersome to us for sure. record fourthced quarter and annual results for the company. >> the penguin looks adorable. >> holding a penguin on the floor of the new york stock , but keeping a gigantic whale in a tiny little tank all the time. the penguin is not allowed to get out and walk around. >> the whales were imprisoned. that is not cool. >> blackrock shares up a little bit here today after fourth quarter ross -- profit rose. the company boosted its quarterly dividend by 15%. >> i hear the closing bell in

you talked about intel having a relatively difficult outlook or quarter.asks what is happening across tech. one of the great part of this earnings season is tech revenues are increasing a lot more than analysts expected. >> and not through mergers and acquisitions. >> right. we are still early, but of the nine companies that have reported, 8 have been on the topline. >> is this about the capital expenditures that were held back for so long starting to return? >> it is a little bit of that, little of the consumer. just enough that expectations for tech specifically had been beaten down and now we have just enough spending to be those expectations. >> how our margins, in? >> it is enough. earnings are not as positive as sales so far in terms of beating the expectations number's, but earnings are still beating. >> this idea of getting your numbers in line from cost- cutting, we have heard ibm cut a lot of jobs and other tech companies doing the same. how much more juice is there left to squeeze? >> and tech, it is quite a bit. >> era still more? -- there is s

they're going into business to challenge intel, the server business.e'll talk to him about that first on fox business. and 50 credibility, the rapper -- cent, the rapper, he is here. he's coming to speak with us about two new partnerships he's just struck, one that will thrill star wars lovers and another that will thrill gym rats who want to wear their headphones but not get them all sweaty. cheryl, we're going to send it back to new york. cheryl: we need that, liz claman. we'll see you, of course, in just a few moments. as liz just mentioned, stocks do look poised to break a three-day losing streak. take a look right now at the dow, we're up 116 points. the s&p and the nasdaq up as well. remember, we started out the first three sessions of 2014 in the red. we are changing that today. do want to show you shares of jpmorgan right now, that stock is actually trading down. we learned the bank will pay $1.7 billion to settle claims related to bernie madoff's ponzi scheme. take a look at the stock right now, we've within monitoring it -- been monitoring it

intel expects it to be a huge category. for as low as $349, you'll be able to find a 2-in-1. no sacrificing anything anymore. now you got a keyboard when you want it, a touch screen when you want to play around, and a 9 1/2-hour battery on that guy right there. now, check this out. this is from lacie. it's called the sphére. it is -- believe it or not -- an external hard drive, but as the name suggests, it's got a gorgeous sphere design. it's a work of art. it was created by christofle and handcrafted and silver-plated in france. this is a work of art that you want to put on display. it's a conversation piece, yet under the hood, it's got a one-terabyte hard drive. no power cable needed. it's got a usb cable -- that's it -- to a pc or mac, and that's gonna be under $500 when it comes out in a month or so. finally, car tech is also really hot here at the 2014 c.e.s. hyundai has this amazing app that aggregates all this information, like weather, traffic, your calendar appointments, and it'll send you text messages. for example, if it's cold out, it'll text you, asking you if y

i want to get into intel, just like we look alcoa and global story you look at intel and global story where they're sitting right now but you like intel and tell me why. >> i like intel it's from our perspective it is not really the pc-chipmaker it used to be. it is moving to more mobile devices and we think with the technology they have and the chipset that is they are set to release in 2014 we'll be able to see this growth into mobile more clearly. the company has done really well in solidifying their position in servers. even the pc market isn't that bad for them, especially if you consider most purchasers now are businesses and they pay up for higher howerred chips. so the company we think is really well-positioned. it does take a patient investor to sift through all the turbulence that happens in technology. we're a very patient investor. david: yeah. now we're on technology, talk about a patient investor. alan knuckman, microsoft take as little patience or has this year. what do you see happening with microsoft? >> well microsoft was left dead in the water. it had a nice surge f

. >>> intel will be laying off 5000 workers. it wanted to boost the earnings as the demand for chips is flat. intel has been slumping because it didn't my great quickly enough. the number of play offs represents 5% of the global work force. dow up 41, nasdaq gave back 21. >>> the u.s. supreme court agreed to consider if the police can search a cell phone in the person under arrest without a warrant. 40 years ago the court ruled police can search items people are carrying while they are arrested without a warrant. >>> president obama delivered a speech designed to address the nsa data collection controversy. his proposal includes having a third party hold the data. >> i believe we need a new approach. with those words president obama announced sweeping changes to the way the government can spy on citizen at home and abroad. it should give the american people greater amount confidence but their rights are being protected. >> better controls need to be in place on how the government corrects -- collects information. he's ordering a

intel was looking across the technology landscape.o is a place where they can make the mark and get in with some technology that we have been working on anyway. all we have to do is reinvent the cable industry. we would like to have the rights to distribute through the internet instead of through a cable tv system like verizon and comcast. that turned out to be the challenge. it turned out to be really hard to get viacom to sign up for this kind of service because they have a great business model right now. they are charging higher prices every month. >> rather than sign up for service, they got someone to buy it. >> they look at the numbers and said this is too much for us to get into. >> when you think about what your phone is capable of, versus what your cable system is capable of, i think about my parents, for example. they kind of bypass them rock band connection. they are watching everything on their phones. this is like unlimited data. home to new hampshire and it is quite annoying because i cannot get that wireless connection.

kind of spiced up the case in fact a little further and actually also said not just that was intel those being exchanged but that even there was fast and furious weapons as well and i wanted to i want to get to that before me dale. in giving the d.n.a. information on rival gangs want us in a lower cartel essentially getting the u.s. agency to do its dirty work. well sure i mean in fact even officials admit that this is literally dirty work that having deals like these with leaders are like these are dirty work and security experts go even farther and say that arranging deals like these the strength in one cartel over others so that there's let's look at tension and disputed positives and then there were less violence is indeed a legitimate security strategy and it's one that has to be done in a war that's pretty much hard if not impossible to win and so this is their logic for doing these kind of things and that's kind of the logic behind getting intel on a cartel that's known to be much more despised by both the mexican and u.s. governments that is as they brag and routinely in narco mo

but unlike ibm, i am a real fan of intel.n fact, my charitable trust has been buying it because it's clear the're going the way of the personal computers. cheaper and use up a lot less battery life and they cost much less to me. plus, the company has more new chips out there than i can ever recall in the history of intel. still has a terrific balance sheet and it's shedding weaker divisions. at least, i hope, cutting back on the capital spending. if intel has a downside surprise, i bet the stock wouldn't go down much at all. if it has upside surprise, $30. then there's j&j. they have been stalled lately because of the rotation that came from stronger economy. but it hasn't made me lose confidence in the famous stock one bit. i think this is a classic example of a company that could benefit from breaking itself up. hence why i devoted an entire chapter in the new book. i beat the ceo will shed j&j's slow growing diagnostic business, take the money, buy back stock and focus on the faster growing pharma franchise. wall street is

that is a conclusion of a record just issued by security firm intel crawler. the malware created by a 17-year-old who sold the program to cyber criminals. used in neiman marcus the retailer reported a similar attack. saying reports show malware used more than once. >> and able to put it on the internet and they can use it for malicious arm. >> intel crawler suggests six more retailers have yet to tell customers they have been breeched as well. u.s. postal service operates small offices inside dozens of stores including stores in the bay area. unions worry they're expanding reach just as plans are being developed foreclosure of hundreds of post offices nationwide. post offices are staffed with union workers and stores are not. the postal service says stores nor different from 65,000 other naerts found in supermarkets and stores around country. >> z.finally here is why you would be better off to do taxes now. there are new concerns tonight about taxes and identity thaechlt cording to irs one and a half million americans had tax refunds stolen in just the first h

intel not saying why, just call it intel security. >> interesting. >> thank you. thanks a lot. we'll check in with christina loren and weather is the big news. not going to feel guilty what we're doing here. >> no. you know what, we do have the drought running and we have rain on the way, not enough to put a dent in the drought, but i can tell you the pattern is shifting more wintry. 43 degrees in the east bay, 49 in san francisco, 45 in the south bay headed to the mid-60s. this is the last day for the big temperature swing. by tomorrow know 60s, upper 50s on the way. then we bring in the rain. we'll talk about that. back to you, terry and laura. >> 5:56. you know it's cold when people go into an ice bar to get warm. we'll show you where that happened coming up. >> flights canceled as about half of the u.s. deals with freezing cold temperatures. when things are expected to get back on track in a live report. >> why convicted child molester jerry sandusky says he deserves to have his pension reinstated. >> a beautiful bridge there off in the distance. did you hear christina ment

you want to ensure you're providing the host country with additional intel if they need it. you're also hoping to get a very thorough assessment to take back home with you so you can work with your own olympic team to ensure the host country is doing the security you want to see. the lack of cooperation -- if that's the real concern, i'd rather hear it from the security experts handling the liaison. >> what can the u.s. do to protect its delegation? what kind of cooperation can u.s. intelligence give or provide or expect from russian authorities? >> well, part of the problem is that the russians are in a difficult situation here. just in their backyard, they have got a major threat. they have been engaged in a very brutal battle, most people know about it over the years, particularly chechnya, dagestan. there's a real problem here. it's not that far away. recent bombings the past month killed 34 people in volgograd, maybe 500 miles north of sochi. so this is a real issue. what are we hoping for? we're hoping for almost an open, transparent ability to az security steps they p

this after intel predicted sales would be flat. a new blood test can help diagnose mental disabilities in babies has been approved by the dfa. the laboratory test analyzes an infant genetic code and detects variations linked to down's syndrome. it isn't intended for pre-natal screening. santa clara based company developed that test. >> all right this, is another fascinating baby story. babies sometimes fake crying to get their parents' attention. >> researchers studied two babies intently six months after hours of footage scientists concluded they're capable of this clever deception. most evident when the baby cryed and smiled after the mother came closer. researchers say it contributes to a development. >> it's time to check on the weather. >> continues here in the bay area. sandhya patel watching for rain. >> i am. i can't find any temperatures started to slip. flook at the forecast. seahawks may be used to chills. expecting 40s but niner going to get them. weather looking good. a chance of rain diminished here in the bay area we

. >> intel announced it's dropping the mcafee brand name.illionaire has been in the head lines for years, being jailed in guatemala. then came up with this bizarre video which he trashed intel's antivirus software the company plans to rebrand with the name intel security. >> dennis rodman just exploded at a reporter today in north korea during an exchange over detained u.s. prisoner kenneth bey. he was sentenced to 15 years of hard labor. north says bey was planning to overthrow the government. rodman is in north korea to play at a game. >> i don't care what the hell you think. look at these guys here. look at them. >> don't put it on them. don't use them as an excuse you're putting on your self. we're saying kenneth bey did something wrong we don't know what charges are. >> yeah. dennis rodman as the ambassador? i mean send kissen ger. one teammate says he's sorry he went to north korea with rodman partly because of the politics. the ireland the niece of ralph lauren made a court appearance for air rarjs charged with engaging in engaging an

you can add barkley's and positive commentary for intel for 2014 and as i noted a new high for intel.e year to buy a house according to natalie pace of women's investment network and author of the abcs of money joining us with her reasons why. i thought we'd already missed the boat on the best deals in housing and prices climbed too much. >> not really. we are at ten year lows and you can finance at that lifetime low end for most people that is the biggest price they're paying, how much they finance. in many markets it is cheaper to rent, cheaper to buy than it is to rent. so don't forget the great mortgage interest tax write off so we can get closer to the millionaire tax plan of 15%. dennis: one thing that contributed to that bubble. got some numbers on median home prices. 2006 they began $222,000 almost. 2009 they have fallen 22% or so to $172,000, we got a list of numbers but by 2013 it is up to $136,000. from the bottom in 2009 housing prices are up 13% but from the bottom in 2009 stock prices are up 100%. it seems like we have some numbers working your way on home. >> the other