j.c. paretz, he was absolutely right the first time. let's see if it goes up another 30%. j.c. ho has same symbols for stock name for jcpenney. cheryl: coincidence, i think not. david: if you want to invest like activist investors like carl icahn or bill ackman you definitely want to stick around for our next guest. his fund uses those very same strategy that billionaires use. it is handily beating s&p 500. great average. cheryl: another day, another car recall, but it is not gm this time. one of asia's biggest auto makers is trying to drive into the fast line. we'll have details when we come back. ♪ when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitm

david: we tried to tell j.c. paretz, remember? technical guy. we should do both. very much. appreciate it. >> thanks for having me on. liz: we will put some of his ideas on facebook.com/afterthebell. apparently shooting of the malaysian airliner over ukraine has u.s. officials scrambling to find out exactly what happened and who is responsible, if someone is responsible. next, we take you live to washington for the very latest what the administration knows about the crash. david: and as we're looking to overseas events we look at this alibaba ipo. it is planning the ipo after labor day, one of the hottest offerings ever but is there a potential national security risk to u.s. investors? the chinese government will have all our information s that a good thing? ♪ i'm m-a-r-y and i have copd. i'm j-e-f-f and i have copd. i'm l-i-s-a and i have copd, but i don't want my breathing problems to get in the way of hosting my book club. that's why i asked my doctor about b-r-e-o. once-daily breo ellipta helps increase airflow from the lungs for a full 24 hours. and breo help

david: j.c. paretz, thank you very much.s one of the largest and most complicated tobacco industry mergers ever, combining reynolds american with lorillard in a $27 billion deal. the architect of this megamerger which involves a whole bunch of other companies too, reynolds american ceo susan cameron, umdaunted, gutsy, talking about that and regulatory challenges's well, also, f5 networks, off to a strong start up this year. up 27%. slate of new products and grow demand for security systems for computers help boost sales. the man calling shots inside the network equipment giant, ceo is joining us in a fox business exclusive. you want to get in on this. ♪ david: argentina's debt talks are still going down to the wire and again with the country hovering on the brink of default. hedge funds may not be the only ones interested in argentine government bonds that could be affected. the growing number of mutual funds have also been on those bonds. the funds can only get a fraction of their investments back. highland capital manageme