investing in initial public offerings, ipos. it's impossible to ignore the ipo opportunity that is presented themselves in the last couple years, including the deals. many have gone to a premium and are red hot from the moment they are born and others that fizzle from the opening bell. these are led n particular, by technology and social media names. which have been led with exceptional hype and not enough. hype doesn't begin to surround the buzz. maybe hyper-hype for a company that does, indeed, have excellent long-term prospects. sure, ipos are sexy. they are talked about endlessly. you are hardly told what to do with them. i will teach you the basics. when you know how to tell the difference about an about to be public company that will soar and one that could quick go down in flames, let's say you will have the potential to rake in some serious profits. the lure of ipos is when you nail it, when you get in on the right one, you can have gains of 20, 30, even 100% in a day, in a few minute's time. the instantaneous nature of

here's "inside information" you node to know about ipos. think the investment banks have their own agenda, one i believe is often as much about bringing regular people, retail investors like you back into the game as it is about helping their clients raise money in the equity markets. one of the things i learned on hocking stocks and bonds and managing money for myself, is when the market turns south, when it becomes really difficult to make money and people start to sell, sell, sell, you know what those brokers like to do? they like to throw investors easy wins, lay-up ipos that are intentionally underpriced so they will pop when the shares start trading. why do i think they will short change their investment banking clients? it's just as important to their brokers, the other clients, the ones who pay interests, most investors gain from a sweet underpriced ipo or often u offerings are a great reason to feel good about being in the stockmarket about owning these stocks, about buying stocks. when times are tough, the brokers want to entice y

liz: ipo frenzy, it is not just the stock market frenzy, it is ipo.t ipos outperformed the market posting an average gain of 22%. but the party might not continue for everyone. we'll tell you which names will keep climbing, which names could fall flat. david: we want to hear from you. financials leading the market rally with the s&p financial sector hitting the highest level in more than four years. so is this a safe place to invest in financials? rule at bank problems behind them? log on to facebook.co facebook.com/afterthebell. we'll read your answers later this hour. ♪ >> i'm jo ling kent with your fox business brief. it was a sea of green at the closing bell with 640 stocks trading on the new york stock exchange hitting 52-week highs. 141 stocks on the sap 500 also hit 52-week highs. just about half of that many hit all-time highs. >>> boeing has struck a nearly $7 billion airplane deal with turkish airlines, the largest deal ever between the two companies. the deal includes 70 aircraft from boeing's line of 77s. the order value could change as th

the renaissance ipo index up 18% for the year.ight think people would not need any enticing to come back to stocks, given that the averages seem to make a record high almost every day. but the investment banks who manage these deals recognize that stocks as an asset class are indeed tarnished. and because they want commissions, they try to generate interest in stocks by underpricing these ipos, technically giving the people who get in on these deals what i call free money. take tableau software. this deal was priced at 31 bucks, what you paid if you put in for the stock with your ipo with a broker and got it. but when tableau started trading, opened at $47, giving anyone who got in an instant 51% gain. and that wasn't the end, as tableau ran up to $53 and change. salesforce.com got more of it. this one is a comer. and while tableau's initial spike was bigger than most, because the manager is goldman sachs and morgan stanley made this one tight as a drum, didn't distribute a lot of stocks, none to hedge funds that i know of, this k

after the facebook ipo, anyone with an ipo strategy we run a global ipo fund, that strategy was up 36%ex is up 33%, and so for the first time in a number of years, ipos as a group are outperforming benchmark indices. that makes investors come in, want to look at the asset category, and we've seen that kind of environment, especially so far in 2013. >> well, we have a number of months to go obviously in the year. we'll see what develops. thank you so much for bearing with us on the breaking news. we'll have you back soon. kathleen smith again with renaissance capital. more "fast money's" just ahead. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] ♪ je t'adore ♪ c'est aujourd'hui ♪ ♪ et toujours ♪ me amour ♪ how about me? [ male announcer ] here's to a life less routine. ♪ and it's un, deux, trois, quatre ♪ ♪ give me some more of that [ male announcer

ipo charts last night.writing arms at the banks are small within the larger institutions so the bottom lines unscathed as well as the stocks. shares of morgan stanley up 85%, goldman sachs 62.5%, jpmorgan up 53%, the s&p 500 just 27%. facebook still feeling the sting of the fallout, swarms of litigation and the stock is down $18, it's gotten one suit tossed out, the stock is still down 30% from that $38 price. finally, the nasdaq, shares have definitely rebounded hitting a 12 1/2 year high, nearly $31 a share but the exchange has had to pony up some $62 million to compensate investors that lost money in a deal and still awaiting a fine being slapped by the sec citing that sec action impending nasdaq today and declined an interview. scott we'll send it back to you. >> facebook the worst performing nasdaq 100 stock over the past year. i got a lot of facebook likers though. >> we're long facebook and if you look at the chart in facebook right now, look at the 200-day moving average it comes in around the $24,

it was a year ago investors had facebook's ipo.hot. but the opening of one of the most anticipated public offerings was anything but stellar. let's talk to our guest host about this. henry blogett is still here. the associate editor at forbes. occasionally i'm told my doppelganger. >> that wasn't even in the tell prompter. >> we were talking in the 6:00 hour, was this ipo a failure? and the reason i was asking the question, if you're facebook, you still made off pretty well. however, the fact that the stock has not come back to $38, to me if you're an investor or frankly if you were facebook, the impact to do a secondary and how they feel about you long term and overall value, can you call it a win? >> so there's lingering disappointment but it is getting lesser by the day. people have pretty much forgotten about it. i think facebook did the smart thing. they took the money they were offered. howard stern, are people saying he should have been given a 40% discount just because he is stepping up? hey, we want howard stern to make mo

big ipo today, one of the wildest iposç i've seen in yea, maria.ablo software, big data, helping companies to crunch data, started at 31, the price talk earlier in the week was 23. they priced at 31 and opened at 47. 47?! and closed at almost $50. huge volume in that one. that's one of the big winners. they're going to be talk about that and big data is the hot topic of the year right now. just like cloud commuting was last year. for the week, historic highs. here's your performance. dow, but notice the cyclical stocks. the transports outperforming virtually everything. maria, have a good weekend. >> and to you, bob. thank you so much. and it was another week of gains for equities. let's break down the market action here, tell us what we could expect next week. stephanie link is joining me. cnbc contributor from the street. jeff cox is with me from cnbc.com. paul christopher from wells fargo advisers and jeff saut from raymond james. paul christopher, let me kick this off with you. what's your take on this market that keeps going higher? is this ju

the ipo market remains brisk. this week homebuilder william lyon homes gained 2% in its opening day of trading thursday. tableau software debuts today under ticker symbol "data" on the new york stock exchange. the company has a market cap of $1.7 billion after upping its price target ahead of its opening day. and happy "public" birthday to facebook. the social network became a public company one year ago oy 38 per share. stock last closed at $26. coming up on the show, a trader offers ideas on what investors should do if they are waiting for the stock to go above its ipo level. results are disturbing from a round of safety crash tests of suvs. out of 13 popular compact suvs on the road, only two passed the safety test. the insurance institute for highway safety rated the subaru forester the safest, while the mitsubishi outlander sport was deemed "acceptable." the ford escape, buick encore and jeep patriot were among those rated "poor." the new test targeted the front of smaller suvs, a catagory which is growing in

it is not about a fumbled ipo. >> it is what is facebook. they got past the ipo problems. what facebook continues to do to grow and grow revenue. when you look at emerging markets growth according to e-market would be india. i wouldn't call facebook the american motors gremlin of social networking world. liz: of course. >> that is now a hot car. it was a dud for 30 years. but it is hot now. liz: thanks, shape shachlt. russell small cap stock index, really outperforming the s&p over the past month. we don't usually look that short term. look at this, when you start to see the yellow line jumping above the blue line, the russell hitting another new high today. that catches our attention. we brought in a money manager who specifically looks what comes in small packages. oliver is the president of gary goldberg financial services. coportfolio manager of the gng beta fund. let's get right to it. your definition after small cap stock? >> companies under 1 1/2 billion dollars in market cap. we'll own companies we buy under that market cap. if they go up in size that is perfectly

ipos this year.ming up, we're getting the state of business and how the company is adjusting to anticipated higher regulation around the globe. when i talk with brady hughes, my guest, exclusive, next right here on "closing bell." scott? >> we look forward to that. there are about 50 minutes to go before we ring the bell and close it own this friday. we said the dow is up triple digits now, 100 points. >> and next, facebook has been public for exactly one year. what a wild year it's been. we'll take a look at the surprising timeline. find out from the experts where this company heads next. >>> then we're going to go live to six flags to get a closer look at this comeback stock. do you have the stomach for it? >>> and again, up next, my exclusive interview with credit suisse, the ceo, brady dougan. stay right here on "closing bell." back in a moment. ♪ [ engine revs ] ♪ [ male announcer ] just when you thought you had experienced performance, a new ride comes along and changes everything. ♪ the 2013 l

. >>> one year ago tomorrow that the highly anticipated facebook ipo took place. and the public offering was anything but smooth. coming up, a look at how the company is making money one year later. >>> but, first, we'll tell you about a stock that's up 300% over the past three years, and it has been quite a ride. but, first, at the international markets closed today. >>> as housing recovers, the fear is that renters would turn into buyers and an apartment investors would lose out. that fear may be unfounded and as diana oelich tells us, an analyst says low supply and strong demand points to profits in apartments. >> we are in the calm before the development storm. that's from analyst ivy sfwlelman, best known for calling the housing crash and who recently said in a television interview -- >> i think we're in nirvana for housing. >> now predicting a boom in apartment construction. this even after a huge drop in april apartment starts reported thursday. other analysts have said that was just one month of noise in a still strong multifamily market. >> there is still

there will be no twitter ipo this year, or i should say highly unlikely to be a twitter ipo in 2013.? the company really does not need the money. unless there is a rapid spike in valuation, where you kind of want to cash in real quick because valuations of internet companies have gone off the chart. it is not really going off the charts. twitter will not do an ipo in 2013. you would probably have to get started next week or in the next couple weeks. it takes a long time to work. what they are telling me is to not expect a twitter ipo this year. liz: it is the video version of twitter. i have not really heard of it. charlie: have not heard of it either. liz: my daughter says do you know what line is? i said do not let anyone videotape you. suddenly, it hits critical mass into second and twitter is already on it. they own it and they are smart. charlie: my point, take it for what it is worth, maybe they are wrong, baby it is week-old information i am giving you, they are telling me that it is not happening this year. they do not need the money right now unless valuations go up. there h

my problem with ipos, wait, seven months or a year after the ipo and invest in it if you really likeompany. he points to what other, facebook is one example. at one point they came in at $38. up to $40. fell to the $17. now trading around $26. if you want to go way back to the granddaddy, priceline. at one point they came into the market at $16. shot up in the first day to the $69. dot-com bubble burst. they went down to $2. they're doing much better with splits. with ipos tread carefully but the market as you said, lori, on fire. lori: so are you, thank you, adam. >>> despite the battle against obesity and sugar the u.s. has not lost its sweet tooth. the latest numbers from information resource ink, sales of white sugar are up 15% from 2009. as sugar gains traction the artificial sweeteners losing out. splenda sales are down from 2009. equal haseen sales tumble 23%. sweet 'n low, the pink packet, sales are down 16%. another reason for those declines is growth of sugar substitutes. their sales have soared 289%. so many choices. it is like overwhelming number of sugar choice. >> that'

that's still only an ipo price right?-huh. >> pretty depressing. >> we're more optimistic we share some of the same concerns about what is going on with the flat form. but near term next 12 months we're more optimistic. teamed up for facebook's five most miserable moments. take a look. >> facebook doesn't have a dislike button but this past year might have been a good time to test one out. >> wrong car. >> when the opening bell finally rang all seemed well. the music was inspiring. until -- >> it's been the story of the day as we knew it would be but it's not the kind of story we were expecting. >> it suddenly all turned around. just kidding. it got worse. >> the stock below the $20 a share mark. >> you have a young man that you would never hire to be the head of a public company. >> while mark was getting pummelled, his sister decided to air her confusion about facebook's privacy settings and talked about it on twitter. but then it all got better. just kidding. the only thing worse than having enemies is having two twin

ipo price.nstitutional investors are very skeptical and is very careful about it. >> yeah. how much support would that be for the reits? presumably, they're offering a fairly steady yield and everybody is looking for yield. >> yeah, that's right. that's correct. and all the reits in hong kong, they're all reaching strong high. and especially this one from eagle and hopewell are offering something like 6% above yield. there is much, much more than you can get from corporate bonds or actually bank savings, which is off at all. so i think for these, i think the retail support and institutional support is there. >> francis, just stay there. i want to read this other story. the assets of taiwan broadband communications is going to raise around 1.1 billion in a singapore ipo. the firm reported at the upper half of its range. the trust plans to start taking orders from retail investors tomorrow. on may 29th. if successful, it will be the second biggest listing in singapore this year. it is a -- as i sa

offer. >> you don't have to be profitable to ipo. you just look at tesla. it is profitable now. it wasn't back then. in the case of virgin, they made a profit in one quarter. it was a rare exception. in an interview this morning with the wall street journal, ceo, david cuss, says his company just renegotiated some of its debt. under this new plan, lenders will get part of the company. this means virgin is paying far less in monthly loan payments. this will be a step towards an offering of shares. in virgin's most recent quarter, the company lost $45 million flying you from place to place. it has really been a pretty good environment for ipos. the markets are up. s&p 500 set new records last week. dow closed above 15 k for the first time. though, not everybody has been a winner. thur, we saw t thursday, we saw the ipo of software. that landed with a thud for early investors. it has been exactly a week since this, the ipo of facebook. may 18th. the actual anniversary. the system report profits wednesd wednesday. cisco, very important.

we think that a lot more companies are seeking the ipo avenue at this time. some of these smaller names though only have one or maybe two names of drugs in the pipeline. does that make it more dangerous? what do you recommend if somebody's interested in getting in at the early stages of a smaller ipo? >> i think it's inherently risky, it's always been that way, and as long as there's risks in terms of drugs making their way through the pipeline, i think it's going to be a remaining risky proposition. and like you said, a lot of these companies do have one, maybe two programs in the pipeline which just increases that risk profile. but i do thiik that there's a lot going on in the industry marley from the fda looking to move promising programs along that are helping to limit that risk profile a little bit. liz: i want to get to some of these names that you absolutely love right now and, again, the caveat emptor is buyer beware. you've got $149 price tag on it. >> yeah. okay. so we've had a strong buy on it for quite a while, and that's a company that has really

penalty against an exchange ever due to that facebook ipo debacle. we've got all the details coming your way. and if you are looking for summer bargains, take to the street. the market experts went on a bargain hunt to find the best summer stocks to own right now, and if they are right for your portfolio. that and a lot more. a busy show on "closing bell." we're back in a one minute. look at 'em. living on cloud nine with that u-verse wireless receiver. you see in my day, when my mom was repainting the house, you couldn't just set up a tv in the basement. i mean, come on! nope. we could only watch tv in the rooms that had a tv outlet. yeah if we wanted to watch tv someplace else, we'd have to go to my aunt sally's. have you ever sat on a plastic covered couch? [ kids cheering ] you're missing a good game over here. those kids wouldn't have lasted one day in our shoes. [ male announcer ] add a wireless receiver. call to get u-verse tv for just $19 a month with qualifying bundles. rethink possible. >>> welcome back. a downer of a day on wall street, bu

i want you to wait for the ipo. the next theme. oil. and for oil, my favorite play is still eog resources. more work i do on this, mark papa shared with us on the show the more i want to buy the stock up here as he alluded to the notion that delaware basin is the third leg of the three-legged stool, could be as big as the first two, which, of course, are the bakken and eagle ford shales. that's down right monstrous. i'm beginning to believe this continent becoming energy self-sufficient by 2020, i think that's a bear's pipe dream. at this pace, it's going to be 2018. i've got a new one here. charity you believe trust is baking it. you'll like this. you can follow along action alerts plus.com. ens co, increases dividend by 33% to 2 bucks a share. i like ens co because it has the newest rigs and i don't know if you have noticed but the gam, short for gulf of mexico is heating up at the same time as mexico's pemex is soon going to start drilling after a lengthy high atis, and petrobras, pbr, raised today a staggering $11 billion, fifth big

a lot of people love to take part in this, but beware, ipos you can get burned.ck carnival, founder of fast graphs.com. he's got 40 years of investment banking. he writes for the street, he writes for forbes.com, he writes for others and here's what he told me about ipos, quote: >> r eporter: case in point, liz, facebook. $38, shot up to $45, fell to $17, it's trading, what, around $26 right now? liz liz whale well, yeah. but what are the hottest names that are coming out in the next couple weeks and months? >> reporter: you want to make some money, if you're willing to play this game, tomorrow they're going to start lickly trading on the new york stock exchange, the price will be anywhere between $21-$23 a share, tall grass energy -- liz: natural gas, right? >> reporter: yeah. come on, natural gas in the midwest? they do the storage and the pipelines. then you've got william lyon homes. we're developing a shortage of new homes in the country. they hope to raise about $200 plus million on thursday. liz: lunch with howard, jack dorsey or tim cook? which one do you

>> yeah, a fair amount of ipos so far this year. we've had 64 companies coming to market and they have raised a combined 17 billion u.s. dollars. now, that's exciting in itself. way more than we've seen throughout this financial crisis. what is very interesting, as well. from these ipoos, the 25 largest of those 64 have returned much more than the broader market, 22% from those 25 biggest ipos compared with the s&p put on a 14.5%, 15%. it's alive and well, concern if we see renewed volatility it could dent enthusiasm. >> the dow ainge s&p pushing new highs. steve, have a great day. steve sedgwick live for us in london. >>> entertainment world. barbara walters will officially announce her retirement plans today. of course, "the view," the 83-year-old has been in the industry for more than 50 years and back in 1976 she became the first to host an evening newscast. a lot of time for good-byes. she is not walking away until the summer of 2014 and will do the tour, you can bet on that. >>> seth meyers tabbed to take jimmy fallon's seat.

and nothing about a rumored ipo. amazon.com debuts five original tv series - all chosen by viewers. amazon posted - for free - 14 different pilots it produced and asked viewers for feedback. based on what it heard, amazon chose five shows worthy of full seasons. this new venture puts amazon in direct competition with hulu and netflix. each of the series will debut on amazon later this year and in early 2014. a new study illuminates a big shift in how american women work and how much they earn. the pew research center released the study. it shows that 40% of american women are the primary or sole breadwinner in their household. that's a new record and a massive jump from 1960, when only 11% of households had a woman as the primary earner. still to come, "fast and furious" sure raced to the bank. just how big was its memorial day weekend opening? you will find out later in movies and money. but first, why more prospective employers are peeking into your financial past. that's next. when you're buying a car, when you're putting down money to qualify for a mortgage to buy a home, when y

we're going to look at the stock one-year-o one year after its ipo.ur first move for monday. more on "fast money" coming up. ♪ now that we found love >> if you didn't know already, facebook is the worst performing stock of the nasdaq 100 since its ipo pricing a year ago. well, our traders tell you whether to date, dump or marry that stock. b.k., what would you do? >> i would dump it. aye said from the beginning with facebook, the only reason why you own it is that you think mark zuckerberg has the ability to beç the next steve jobs, to innovate, to turn the 800 billion different users that they have into something more. so far, he's proven that he hasn't been. the current management proves that they haven't been able to do that. dump it. >> tim? >> i'm falling in line as a dump, but dumping assumes you were actually doing. i wasn't even looking at this bloke, excuse me, sheila -- >> whoa. >> try that again. >> face-bloke was not working for me. and despite the fact they are beginning to monetize their mobile business, this is not a name i want to pla

when does this get back to the ipo price? >> well, forget the ipo price. watch is # 250 because that's my cost. and that's where we need to cross. so we all frame it differently. right? so what matters not how fast they get to the ipo price. what matters is where is the stock a year from now, two years for now, five years from now. they have a great thing to build it on. the fact that human beings love to socialize. there's over a billion humans already socializing and no competitor in sight. so i wouldn't say take their type, but they can be deliberate, take the right steps and build something awesome. >> on kevin's notion there is no competitor in sight. is that true? >> there are smaller competitors out there. the biggest is instagram which they acquired a year ago. i think it's only a matter of time. if i didn't own instagram, i would be worried about it. >> they took care of that problem. nip that had in the bud. aaron, kevin, good stuff, guys. thank you so much for kicking off the hour. >> thanks. >> thanks. >> let's bring in gary kiminski. our frien

liz: when is the ipo? >> reporter: they don't know. want another facebook. >> reporter: they don't want another facebook. the nasdaq thing was insane. the overpriced. they basically gave all the bes information. and this was a mess. the last thing that twitter wants is that of rain. i will tell you, the overhang haunts that company's stock price to this day. a lot of people, lot of underwriters, that thing did no go off the way they did come ages would not have been, it's just -- the price would be higher. that said, i think he is taken as we time. lets check them at last week an there will again. the back of oil a five-year a thing. it is unclear. what is clear -- liz: here comes this segue, everyone. >> reporter: a what the government wants to do with steve cohen in terms of their investigation. the plan be in the government's investigation, rico. it is. we talk about a lot. racketeering -- corrupt organizations act. it is used against the mob traditionally. rudy guiliani expanding it to use against white-collar target includinggmich

when is the friendster ipo? facebook one year ago, and we want to go to the hois ways and means. >> and of course, it is under l undervalue and i own it in my charitable trust, and i like it. >> and again, when were you made aware of that? >> again, sir, i won't give you a perfect time line, but approximately the time it was public is when i became aware of it and so you would know the time line. >> did you inform anyone else of that? >> i believe the service info informed at that time, yes. >> in each of the instances that i have asked you about, did you come forward and inform the congress? >> i don't believe so unless it came up in conversation or testimony. and may i suggest on that, mr. camp campos, too -- >> this is the national organization of propublica. >> well, they can speak to what they found, mr. george can refer to that, and we made the referrals and what they found i believe is that the disclosures were inadvertent and that there has been discipline in one of those cases for somebody not following

that's why this fresh faced ipo is still a buy, buy, buy. limit orders, please. ariel in new york. ariel. >> caller: hey, jim, a big boo-yah to you from new york. >> what's going on there, partner? >> caller: nothing much. my question is jazz pharmaceutical, do you think it's a buy after its last week quarterly report? >> i have been wanting to do a full takeout since that quarter because the stock has been all over the place. you know what, i owe you. i owe you work on that. i am not going to tell you that i think this company after all the work we've done on the drug companies, i'm not going to say it's good or bad. i will offer a qualitative analysis soon and definitely next week. stock picking and choosing is an art. what one company says can help us follow another. it's a giant trail of crumbs and it leads us right to quintiles, letter q. after the break, i'll try to make you even more money. >>> coming up, on track? amusement park operator cedar fair has been offering quite the ride higher. could the momentum in disney and universal parks mean this stock is about to climb to

i think we need to be careful here getting excited about ipos.ion is not a bike, for sure. >> we have forgotten the facebook flop. i think this is a sign animal spirits are returning to the market despite the sluggish economy, despite overregulation, it is coming back because they have been very low for a long time. at a time when there are other alternatives. you can sell your shares if you are one of these come you don't have to do the ipo the way you did, they would go ahead and do it is a good sign. the only reason it is up is because it has been down for so long. neil: if you don't like them, gold them? for tat for bloomberg responding. >> this is not going to ever happen, this isrely public posturing. you thought they would stray from core cap and see making money for ourselves and our clients. we want to run an update servi service, they are never going to do this, it is smacking them around. neil: i also think it is a way to renegotiate at a lot lower rate. >> i think that is probably where it is going. the way i am annoyed, i think bloom

loeb's suggestions about a subsidiary ipo of the entertainment business.hat does not mean, by any means, that it actually is going to be something that will be embraced by that board of directors. in fact, at this point, at least, from what i hear, the idea of a subsidiary ipo of the entertainment business is not thought to be something that has a lot of support within sony. we shall see. time will, of course, pass here, and that's an important component of this. it's going to be quite some time until we learn anything, if, in fact, they do decide to go, perhaps, down some other roads to try to create value. one key here for why the stock may be up is simply because people are focusing on that entertainment business. and realizing, perhaps, as they have not in the past, that there is a good deal of value there, even if electronics continues to struggle. maria, back to you. >> david, thank you so much. let's find out what's really going on right now at sony. >> maybe we'll get answers s those questions right now. jon fortt is live right now with sony ceo, k

yes, the facebook ipo is a bit botched.y tumbled is and resulted in a $10 million fine for nasdaq. so one year on, we've been asking viewers today, have you been falling out of love with the social network? morgan from california tweeted, he thinks instagram is a better app to keep your responses coming. they have changed around substantially since they voted is the amount of money they're getting from mobile. any comments about that? e-mail us worldwide@cnbc.com, tweet, @cnbcwex or direct to me, @rosswestgate. >>> still to come, we'll take a look at how facebook is boosting the bottom line and speak to a very young up and coming entrepreneur, as well. meanwhile, a remind er, we'll leave you with a look at how the futures are trading. ♪ ♪ ♪ ♪ ♪ the new blackberry z10. with time shift and blackberry balance. built to keep you moving. see it in action at blackberry.com/z10 >>> you're watching "worldwide exchange." the hawks are out. wall street is a little lower, officials calling for a tapering off of qe. fiat shares down he

ipo news, the hong kong borse will see two new listings.ineering and galaxy securities are planning to launch in hong kong. that will help revive hong kong's slowing ipo market where deals are more than halved in the first quarter of this year. elsewhere, japan is out of action today. it's malaysia, soared over 3% to an all-time high on news that the national front coalition is extending its six-year rule. and note that malaysia is, in fact, the underperformer in southeast asia this year, up less than 4% including today's rally. that's way below the best performer, the philippines which climbed more than 25% year-to-date. in australia, the asx 200 up 0.5% today ahead of the rba decision tomorrow. but in south korea, weakness in automakers and technology shares dragged the kospi lower by 0.2%. back to you, louisa. >> li sixuan, thank you very much. we'll see you very soon again. >>> let's move on and talk about the jobs market that we saw on friday, the jobs data. a lot better than anticipated. the u.s. markets closed last week at record hig

i don't normally recommend fresh ipos, it has rallied about 75% before it became public. therefore, i think it has a lot more room to run. can you it's quinntiles. it is a research known as cro. they provide drug companies with outsourced development companies. they can conduct studys more efficiently and quintiles is the largest player. they've helped to commercialize all of the hard drug, cancer drugs, it doesn't machlts of the drugs approved in 2004-2011, quintiles was involved with 85% of the nervous system drugs, 72% of the cardiovascular drugs. can you believe that? those are incredible numbers. if you are a big candidate that still needs to be studied, you got the quiftiles, they will will take care of everything soup to nuts. they cre krut the patients needed and they keep up with the requests from the food and drug administration, all along the way. in fact, one of the most important things about this quintiles has a terrific relationship with the fda, which is a good reason they get so much of the drug development business. they are trusted by the government. pl

it's ironic a year after the facebook ipo, we had a much better ipo tape last friday.at everybody at home is playing with and downloads their app and says i've got to own that because my kid loves it every single day. that could happen, i don't think it will. i think there's a much more tempered environment out there. i do think the portfolio managers are looking at ipos more actively in the width of people looking at those. look at life sciences, which was a relatively cold ipo sector, that's been some of the strongest performance. >> is that a sign of individual investors being much more interested overall. can we read more broadly into what it means beyond the ipo market? >> i think it's a combination. it's a combination of institutional investors getting more interested in seeing value. and secondly, i think you're seeing what you usually see which is investors looking to chase performance. and it's been in the ipo tape, as well, in 2013. >> john, we're going to be getting -- you mentioned already the fed and what a big impact that has had in the markets. we're goi

this deal reminds us the street is giving monies away on these ipos again.ey, we want our fair share. so think about this, i need you to put in on monday with your broker for some key deals that are scheduled next week. they told me very few people got stock anyway. this may not be the case. first this channel adviser. this is an e-commerce software company that allows retailers to present their wares. every retailer i talk to want to have omni chaenls. second an old favorite of mine, from what it used to be. public. plygen. finally, you should try to get sprouts, farmer's mark, notç o here yet. this is a real heads up. sprout's farmer's market makes 150 natural organic deals. i expect fairway to be code to premium. that was at the last minute. so i got to get you heads up on sprout. it got hotter in this segment when whole foods reported a terrific number, that has not moved at all. sprout may not become public really short-term. maybe in a couple weeks, three weeks. but i think it's important to the highlight now. because if i want you to keep this in fro

but where it goes in the post ipo market is a different story. and i think it's very realistic you'll see that trade up to about a hundred billion dollars after it goes public. >> what about zynga, groupon, a lot of people are questioning what is the business model, we're doing this whole feature on disrupters and a lot of these guys seem like they're in places where it's easy to see them fall to competition quickly. >> i think groupon and zynga are really interesting of all the dogs out there, because they've been left in the ditch, obviously down more than 80% from their ipo prices. but they've been remarkably resilient in the last six months. there's a floor, i think, on both of these stocks. even with the kitchen sink bad news they've had with bad ceo, fired ceo, bad results. just recently zynga earnings, the reaction was, this thing is tanking. yet the thing bounced back. there's a floor here with cash and real estate assets. you're basically getting the upside for free with both of them. that's the play. i don't think you have to bet on a b

david rosenberg. >>> as we said earlier today, ipo, quintiles, first on cnbc celebrating that ipo.utical services company trading at $43.71, not far from the first trade after pricing at the top of the range. want to welcome the ceo of quintiles, tom pike, who joins us here at post 9 this morning. >> morning. >> pricing was strong, actually moved this whole thing up about a day or so because the response was pretty positive. >> we've had great reception to a great company, frankly, along the way so we're very excited about what's happening here today. >> for the investor who is not familiar with what you do or at least how much of it you do, what is the future for the outsourcing of trials given the share that you already have, the number of drugs that you already do test? >> basically for people to know, we really work on the whole life cycle of drug development, from the development of the product all the way through the commercialization of it. we think we've got a great backdrop right now because of some stabilizing r & d trends and more outsourcing taking place. it is a great

amazing, an ipo giving a dividend. thank you, ch.dy to give a dividend and still isn't is groupon, but they are up ready to report the first set of earningings sincefiring the founder and former ceo, andrew mason. the company's stock has been slightly higher since the firing and today. is there a turn around? who is a believer in this? jeffrey analyst joining us now on the phone. you got a price target of $7 where five and change now, overweight this stock. you've been around for a long time. i'm so interested to know what it is about groupon that you really like right now? >> well, bottom line is there was a lot of issues, but, ultimately, they have a good brand. 34 million active users in the past year. to put in perspective, there's # 00 amazon users, small compared to amazon, but the biggest player in, i guess, the deal market. ultimately, we believe big changes made, shifting from the deal of the day to just the deal, not a time limit on it, continues to draw customers in, and lastly, every month we survey consumers in the u.s.

you've seen that through the ipo launch. our theme park industry overall has performed rather well over this cycle. we're a little more durable than people think. it can be a safe heart o bore even to some extent. lori: we showed a map. it is prime minister ses i have. sea word has 11 theme parks in five different states. your ticket prices are higher than main rivals six flags and cedar park. you're in the expansion mode. you must be optimistic about the economy in the future. >> we would like unemployment to come down a little bit. that would be better for everybody. we all agree there. what we're seeing people want to get out and they want to enjoy time together as a family. you look at our portfolio parks we're in destination markets like florida and california and also in regional markets likes texas, virginia, pennsylvania. whether you will take a long trip or closee to home trip, we're near major metropolitan markets where we offer good value, good experience and a way to get away. lori: let me ask you about the finan

that's up from a previous estimate and with the expansion into music, investors are bracing for an ipofrancisco media giant. >> last month, twit are founder, jack divorcee told bloom berg news its not thinking about an ipo and the company told the cpo going public is not necessarily inevit able. >> the tesla is selling much ster than some of its counterparts. >> it out sold similar priced sucks ery luxury cars. >> consumer reports called the model s the best car it has ever tested. >> gary has the latest on the warriors and the sharks playoff runs plus the a's hit back to back home runs against first place texas. >> gary has those stories and all the sports coming up. [ male announcer ] we gave the new e-class some of the most advanced driver systems ever made. stereoscopic vision... distronic plus braking... lane keeping and steering assist... eleven enhanced systems in all. ♪ twelve, counting your adrenaline system. the 2014 e-class. the most intelligent, exhilarating mercedes-benz ever made. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financ

the head of virgin america says it is nearly ready for an ipo. scott mcgrew, that company says, first profits and then a stock operation. >> you don't have to be profitable to have an ipo. you just look at tesla. it is profitable now. it wasn't back then. in the case of virgin, the company did make a profit in one quarter. it was a rare exception. in an interview with the wall street journal, ceo david cut, says his san francisco-based company just renegotiated some debt. lenders will get part of the company. that means virgin is paying far less in monthly loan payments and that's a step towards a first-time offering of shares. >>> in virgin's most recent quarter, the company lost $45 million flying you from place to place. it has been a pretty good environment for ipos. let's check the markets. jackie deangeles is live at cnbc world headquarters. good morning, jackie. >>> good morning, scott. futures pointing to another low on wall street. the markets, another positive week. the dow closed above 15,000 for the first time. a key psychological lev

told the conference that if ge misses a deadline or a window for the ipo, he said it is his fault. the company has been selling off non-core assets of the finance unit including a number of real estate propertiesment bay sprop. >> back to you. >> home sales are surging. car sales are strong. my probably completely idiot proof -- this could be bad news. >> we will dig in on that one coming up next. ncer) scottrade r clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a

. >>> ipo and nasdaq will pay a $10 million type because of the way it handled the facebook ipo. nasdaq leaders made bad decisions about the facebook stock sale. the s.e.c. says hnasdaq is getting fined for not understanding its decisions. >>> following in the footsteps of city leaders, he's proposing the county adopt a similar minimum wage hike for workers in its unincorporated areas. the minimum wage went to $10 this past march but only covers workers that border the city with different wage levels. staff will review the proposal and report back to the government operations committee in august. >>> it's a reality for many homes. a study released says moms are now the primary breadwinners in 40% of u.s. households. that's up fourfold from 1960 when it was only 11%. more than 5 million of those moms are married and take home more money than their husbands. 9 million are single moms. the public has mixed feelings about women working outside the home. about 67% says it has made it easier for families to live comfortable. 74% say it makes it harder for parents to raise their childre