>> jeffries lost her only child in the south capital street massacre. 16-year-old jones planned to be a chef some day. instead, she was being remembered from the day of the d.c. council. by a tearful legislator. >> i'm honored and humbled and grateful for having had the opportunity to work alongside her. >> they succeeded in getting final approval on a bill that will greatly expand mental health and truancy indivisible better detect youth heading for trouble and violent outcomes like the one on south capital street. >> the young men charged with killing miss jeffries daughter were in and out of the system and never had the kind of behavioral health. >> i think it will make a difference in not just my community, but a community as a whole, because so many young people that are slipping through the cracks. >> it's time for the violence. >> brown was shot and wounded on those south capital street steps. >> lives are being stolen for no reason. i wish it would be over. >> now freshman in college, jones had been her best friend. bruce johnson, 9news now. >>> as bruce mentioned, five men cu

nardyne jeffries was set to testify at the trial tuesday.ber catania choked up as he described nardyne's dedication to preventing future violence. >> i'm honored and humbled and grateful for having had the opportunity to work alongside her. in creating these reforms. >> the vote was unanimous. every council member agreeing addressing behavioral problems early is important. >> i wanted to commend david catania. he and i have differences from time to time, but we are united on this. all of us say never again, never again, never again. >> matt ackland, fox 5 news. >>> another budget battle between republicans and democrats, house gop members unveiling their proposal for federal spending today. in some important areas it's nearly the polar opposite of what the white house proposed last month. fox 5's tom fitzgerald reports. >> house republicans unveiled their 2013 budget tuesday which combines cuts to programs for the poor while installing lower overall tax rates. >> we have an obligation in the house because we're in the majority. >> congressma

oracle is downgraded by jeffries. the firm citing competition.u in orlando. >> thank you very much, sima. accel partners is one of the venture capital firms in silicon valley and in the country. joining me live from the common fund conference in orlando today, i'm here with accel partners joe shoendorf to tell us why they're booming these days. you on told me on the phone the other day you've done business in the valley for 46 years, and it's hotter than ever. this is one of the best years you can remember. >> i had a chance to get ready for what we did at common fund today to do the math. this is the end of the seventh recession. i started correlating what happens at the end of the previous six. whether it was the start of intel or start of apple or start of cisco or microsoft. none of which existed when i got there. i see more true innovation going on right now than at any point i've been there. >> why do you think that is, though? >> probably a lot of reasons. if you want a job today, probably the best way too get one is to start a company. th

five men are accused of the violence and jeffries was set to testify at the trial on tuesday. the council member catania choked up as he described the dedication to prevent future violence. >> i am honored and him billed -- hum billed and grateful for having had the opportunity to work alongside her. this creating these reforms. >> reporter: the vote was unanimous, every council member agreeing, addressing behavioral problems early is important. >> reporter: wanted to commend katanya. we have differences from time to time, but we're united on this one. all of us should say never again. never again. never again. >> reporter: all right, the mayor is expected to sign off on this. the program should be funded and implemented by the end of summer, brian. >> matt, a lot going on at city hall and you have been reporting, it appears, council members want to crack down on the money orders to campaign. >> a majority moving forward a bill brought up by council member mary chay to limit all money orders to $25. and this comes after a number of subpoenas were received by city leaders over

the ringleader, but suspected gang members chris sylvia, henock ghile and donyel dove and michael jeffries helped, too. they would entice young girls to work for them with flattery and cash often forcing them to go door to door looking for paying customers in large apartment complexes. social media sites were a big recruitment tool, too which should sound the alarm for parents. >> as parents we need to truly be more aware of the risks that our sons and our daughters face. i ask that parents speak often with their children and ask that they support them, ask questions, know what your children are doing, who their friends are. >> 11 people in all have been arrested and could be facing life in prison if convicted. so far investigators have uncovered 10 young victims, but they believe there are many more out there. if you know someone who may be a victim, you're urged to call fairfax county police. >>> florida's governor tonight is speaking out about the trayvon martin shooting. rick scott says when the investigation is over, he will reexamine some of the state laws including the so-called sta

but it is -- it's a concern i know for the iraqi government and it's a concern for ambassador jeffries. >> do you think al qaeda is making a comeback in iraq? >> yes, sir. they are. it's not significant. it won't threaten the government. it will kill a lot of innocent people. >> and what about the favoritism in the iraqi government for the majority shia political party, do you think that's fueling another insurgency potentially and does this play right into our al qaeda's hands to create that instability? >> it's not playing into al qaeda's hands yet. and i think that the -- there has been some progress back into a political dialogue here in the last couple of weeks that i think is back on the right track. so it's -- i give you a cautious optimistic view of. this but it's very, very cautious at this point. >> regarding syria, do you see them moving over to syria to fight against the syrian regime and how do you think this affects our understanding of the assad opposition? >> al qaeda is just trying to increase the chaos because they like ungoverned spaces. i don't think they have a mor

unfortunately for the boss in this equation, he's jeffries, and our kid is johnson and the wrong word, the kid takes the cigar out of his mouth. shoves his boss up against the office window. there are two versions of what happened. the boss is bounced off the window, the glass is cracked and career is stop. the second version boy wonder as career is over, they don't call the police only because the boss is more embarrassed than hurt. boy wonder takes his money says screw advertising, screw the law degree. i'm going to buy a boxing magazine. before it's all over he's the best known media guy in boxing and even gets into the boxing hall of fame. not once did he ever sign a contract with the big networks for newspapers. he not only knocks the boss in the window but searched the spends the rest of his life doing what he loved. he was his own boss. do you have time for another story. the real punch line is that the ad exec who pushed his boss in the window is him. it made bert sugar my hero. when he died at the age the 7 5, and left advertising, he had to do outside projects. and one of th

jeffries reports results before the opening bell as does tiffanys. look ahead to the day on wall street, joining us is president of global trends investments and editor of etft trends.com. tom, when you look to the housing numbers, obviously the houses market is a huge part of the recovery at least here in the united states. what are your expectations? >> we've seen 4 1/2 year highs in housing production which is great. when we're looking here at the u.s., it's inflation, it's housing, it's the markets. and that's affecting consumer confidence in a positive way. so the numbers will be interesting, but still we have a major glut sparse houas far as the u.s. and foreclosure is something the americans are very sensitive about. >> and we talked about will this briefly before. some of the headwinds that president obama will face in this election obviously include higher gas prices, the housing market and also still the unemployment rate unless we see a substantial decrease. how do you feel those issues will impact him? >> the unemployment numbers seem muc

>> i think one of the things here is that with a name like jeffries where you had a run, thisa slightly volatile name. you can sell upside calls and try to scrape more yield out and the worst ways is you might get up 10 or 12% in the year. they look like a compelling value and hit a little bit of a speed bump. that may have prevented it from rallying and presented a better opportunity for people. >> solar stock his a rough run. the clouds parted. i didn't write that. >> but you read it. what's worse? write it or read what's written? >> then point fingers at other people? >> you had the choice. you could have bridgestone through. >> that's true. i apologize. the clouds parted for the chinese after the government said they will not impose terrorists on the company. they are covering the story from san jose. jane? >> it's a huge unexpected victory for the panel makers. rivals were looking for terrorists up to 100% and the chinese companies profit illegally with subsidies there. the congress department said how about tariffs of 4%. they are as low as 2.9% for the 800-pound solar panel goril

jeffries saying a dividend could be around the corner perhaps in the second half of the year.re seeing strength in chip stocks. the semiconductor index continues to outperform the broader indices. gartner rapporting that d-ram pricing should begin to improve in the second half of the year. that seems to be where the strength is -- apple and chip stocks. >> to all three of you. thank you so much for joinings today. >>> we're going to be back with two five-star fund managers who will tell you how to play the market and hopefully make some money. you always have homework, okay? i don't have homework today. it's what's right here is what is most important to me. it's beautiful. ♪ ♪ [ male announcer ] this is the network -- a living, breathing intelligence teaching data how to do more for business. [ beeping ] in here, data knows what to do. because the network finds it and tailors it across all the right points, automating all the right actions... [ beeping ] ...to bring all the right results. it's the at&t network -- doing more with data to help business do more for customers. ♪

just in the last two weeks, we had jeffries increasing their price target to $699. bernstein to $710. and $720 for morgan stanley. reiterating the street's confidence in apple's ability to move even higher, and continue this full force domination in the mobile and tablet world. but then there's always a but. some angry birds out there say apple's doom is not far away. here are the headwinds that could potentially weigh on shares of apple. disappointing, subpar sales of the new ipad, some kind of glitch or error found in the new tablet. not having a wow factor. some blogs writing that this is more of an ipad 2 s and doesn't have enough qualifying factors to make it a 3. lastly, any issues with the supply chain could frustrate customers. obviously. let's dig into one of those points. one of our market editors received a note about the extensive journey over pre-ordered ipad. take a look at this map. it's manufactured in china. sent to a distribution center, all the way up here in alaska. offloaded in kentucky. right here. point number five. finally reaching its final

. >> increase in challenge and growth is one of the head lines in the jeffries note. >> that's no reasoned this stock. it has good fundamentals. this is a mid-30s price target on a name like oracle. it has a good tail wind behind it. i think you're right. >> keep your tweets coming. we're trading them next on the halftime report when we come back. let's talk about fees. tdd# 1-800-345-2550 there are atm fees. tdd# 1-800-345-2550 account service fees. tdd# 1-800-345-2550 and the most dreaded fees of all, hidden fees. tdd# 1-800-345-2550 at charles schwab, you won't pay fees on top of fees. tdd# 1-800-345-2550 no monthly account service fees. tdd# 1-800-345-2550 no hidden fees. tdd# 1-800-345-2550 and we rebate every atm fee. tdd# 1-800-345-2550 so talk to chuck tdd# 1-800-345-2550 because when it comes to talking, there is no fee. >>> >>> welcome back to the "fast money" halftime report. let's get to tweets now at closs is 16751. what to do with dell? pete, i'll give you that one. >> i would say i would not want to be in dell. i would rather be somewhere else unfortunately right now. i se

ask the manager director at jeffries.elcome to the show. >> thank you. >> good afternoon. >> the stock has done well and has the appearance of having run out of gas a bit. >> yeah. i do think the trends are normalizing. i think mcdonald's when you look at the u.s. business, they have had terrific outperformance and no real blockbuster products on the horizon. secondly i think the european exposure starting to feel a little bit of that in the february same store sales of a couple of weeks ago and cautionary operating income, eps commentary so i do think we're starting to see mcdonald's, you know, come off a little bit here. the valuation has been pretty full and i think the stock is pretty well stuck at the trading range here. >> skinner's been a great operator and expecter. when's the change in leadership mean for the stock in how much of skinner's performance is directly linked to the outperformance of mcdonald's shares over the last several years? >> yeah. jim was clearly there early on. really in the '02, '03 turnaroun

let's welcome andy, managing director at jeffries.y, welcome to the show. >> thanks. >> was it just a matter 0 of time before this was going to happen for mcdonald's? they had been outperforming in europe to the surprise of many. now maybe coming back to earth given what's happening in the economy there. >> feeling a little bit of certainly the austerity programs kicking in this places like france. the german consumer may be looking at the headlines and hunkering down a little bit even though the german economy has clearly been the best one in europe. and there was some weather in europe as opposed to most of the united states where we really have skipped winter. they have had a pretty bad winter over in europe and may have impacted sales by a couple of percentage points. >> what is your read through what's happening over in asia? stephanie made a good point and new year and hard to get a good read on what happened. what is your take? >> yeah. they're a china business is exceptionally strong. i do think they pulled some sales in to ja

after jeffries raised the estimates. peter missic says new ipad 3 concerns are way overblown and he joins us to break it all down. do we have peter's audio? now i hear you. $699, why not $700. what's up with that? it's a joke, right? >> we call it a walmart special. >> you just didn't want to go there? >> no. just made it a little spooky. >> what's the deal? why the raise of 100 bucks? >> listen, we've got a great product cycle. we have iphones selling better than expected. bill plans being raised. we think the street numbers are too low. we think the stocks are going to go higher as a result. >> it's all related basically to the new ipad. you expect demand to be off the charts. certainly seems to be at this point. how about apple tv. they make this announcement about this new refreshed apple tv. you're talking about a real apple tv. >> correct. flat panel television, branded by apple, manufactured and aaccepted by honh achlt ai. when we were in asia we picked up that components for a apple branded television are startin

there's another running theme in jeffry lives at home. which is amazing. you'll appreciate.s which has the best food. >> i don't know why you didn't gain 300 pounds. >> i did gain quite a bit of weight. it takes place over one day, the movie. we shot chronologically. it's a heartwarming story about a guy who gains 40 pounds slowly over one day. >> what could be better if you could tell us how to lose 40 pounds in one day, you would be on to something. >> believe me, if i could, i'd have a different career. >> if you figure it out, let us know. >> come back any time. >> thank you. i look forward to it. >> continued success. >> jeffly lives at home opens in theaters this friday. >>> we did mean it. come back any time. it's a compelling story of a slum in a shadow of luxury hotel. pulitzer prize winning journalist katherine boo is here to tell us about the lives of dignity in the midst o >>> india is a country of increasing wealth and power. one-third of the poor people live there. katherine boo spent three years there in makeshift slum at the edge of mumbai's airport. >> her b

positive sign for brokers coming out of jeffries this morning. marked improvement in trading and investment banking. mark zuckerberg bows out of the company's first analyst meeting choosing his time to develop the service. news on what facebook is pag its underwriters, here's a hint. it's way below the average fee. no surprise. start with the mining stocks under pressure in the premarket trade. this after the president of bhp billiton's iron ore saying flattening oil demand in china. they see it going to single digits. sending ripple effects all around the world. jim, do you buy this? for every data point we have about china growth slowing we have one that is showing the opposite? >> i've been waiting for an aggressive ease by the chinese central bank. i think things had to get really ugly before they would step up and start doing that cutting. maybe this is the definition of ugly. we understood they were slowing from 12% to 7.5%. my take is there's really nothing new here other than the fact that, hey, shocker, this is what happens when an econo

so far this year, ambassador jeffries has been to see the prime minister nine times. he has seen his top aides dozens of times. that is far more access than virtually all of our ambassadors in other countries get to the senior leadership. our embassy team is engaged with other senior groups, that's virtually every day. our engagement from washington has kept pace. the vice president has made multiple trips, dozens of phone calls. president obama's request, he is also hosted a monthly cabinet level meeting on iraq. an extraordinary and unprecedented level of engagement by the second most senior u.s. official. to support these efforts, i and other senior washington officials including the deputy national security advisor and the deputy secretary of state and the deputy energy secretary, and others have made multiple trips to iraq during this time. in virtually all of the meetings that we have, including one the prime minister was here in december to meet with president, we have made clear to our iraqi counterparts that continued u.s. support if it requires that a compro

so far this year, ambassador jeffries has been to see the prime minister nine times.e has seen his top aides dozens of times. that is far more access than virtually all of our ambassadors in other countries get to the senior leadership. our embassy team is engaged with other senior groups, that's virtually every day. our engagement from washington has kept pace. the vice president has made multiple trips, dozens of phone calls. president obama's request, he is also hosted a monthly cabinet level meeting on iraq. an extraordinary and unprecedented level of engagement by the second most senior u.s. official. to support these efforts, i and other senior washington officials including the deputy national security advisor and the deputy secretary of state and the deputy energy secretary, and others have made multiple trips to iraq during this time. in virtually all of the meetings that we have, including one the prime minister was here in december to meet with president, we have made clear to our iraqi counterparts that continued u.s. support if it requires that a compromi

. >> i see oracle downgrade at jeffries. >> i think that oracle is a troubled company. acensure when it comes to consulting. i i question their hardware side. this is mark hurd and larry ellison. i think chm is just schooling them. i think it's schooling them. and i think that people have to watch that stock because the last quarter was bad yet the stock has come all of the way back to 30. agree, time of get out oracle. >> fierce rivalry between those two companies. >> yes. >> southwest and united. >> oh, my. you know, gasoline, jet fuel is so high. i thought this made sense, this bank of america downgrade. i don't know why people are still in these stocks. what does it take? don't they realize the costs are up so much and you can't really hedge it in a certain point. i really don't like the airlines at all. >> i see harley, citi group saying some good things. >> yes. we did a piece recently about harley and the momentum, the sales momentum and how is if kind of thing that frankly, do you really need a harley? no. this is discretion spending back. >> discretionary that

jeffries cutting their estimates, and, because of falling mobile phone sales.rgets down to 12, and says that -- i mean, if the iphone 5 hurts the blackberry 10 and the ipad 3, which may have a smaller screen hurts the kindle fire, can apple kill or hurt rivals with one shot? >> nokia was like the biggest company at one point, memo to research in motion analysts. this is what i used to scream when i was a hedge fund manager -- >> you screamed when you are a hedge fund manager? >> at that point i didn't have my temper under control. bozo, please take your numbers to dollar loss, and then they would beat it and the stock would go higher. >> i met a woman over the weekend who worked at a bank and said i was often at the other end of the line with jim cramer, and she still had the shakes. >> that was a before the revolution in pharmacology. it's made -- >> they were launched across the trading floor, that could -- >> chairs are heavy. >> very heavy. >> when you throe an iphone, you won't hit anybody, but a big old phone, that really hurt. >> the monitors are lighter

this in the news but this time under pressure is kraft after being cut to hold at jeffries.t splits, 2013 and '14 should look better for it. financials, of course, improving today as i mentioned earlier. yesterday's session just a note on wells fargo, the company's ceo speaking at the city financial conference today saying the company continues to look at selective acquisitions, basically picking off some of the loans and other business units that are being sold by european banks who have to trim their balance sheet, recently buying the trading unit earlier. buying about billions in loans i should say from some irish banks, i think the number is $3 billion there. retailers also in focus, american eagle outfitters out with results in line with expectations. disappointing first quarter forecast, but making positive comments about the second half of the year because they expect costs to come down and margins to improve as the company and some of the discounting there. that's giving a boost to that. and walmart looking for more ways to cut costs and selling more at checkout lane

. >> rack space initiated with a buy at jeffries. everybody is a cloud company. if you do any business on the internet effectively, g mail is a cloud industry. >> it's like plastics -- >> nimbus. >>> next up, things have been fitting nicely for sintas. what's ahead with the ceo? we'll find out what is working for his company. >>> taking a look at the futures. implied open is up. more "squawk on the street" including the cast of "mad men" after they bring the opening bell. jim cramer gussying himself up. we know how much you count on your car, and how much the people in your life count on you. that's why we offer accident forgiveness, where your price won't increase due to your first accident. we also offer a hassle-free lifetime repair guarantee, where the repairs made on your car are guaranteed for life, or they're on us. these are just two of the valuable features you can expect from liberty mutual. plus, when you insure both your home and car with us, it could save you time and money. at liberty mutual, we help you move on with your life, so get the insurance