scott, back to you. >> josh lipton, thanks. joe, street likes it. >> the street likes it but the investment community did not. i'm one of them. you had the market a rallied end of april throughout may and you've got hewlett-packard which underperformed the market because the expectation was we were going to see a slow down in the earnings recovery we had seen. the street is underinvested in it except for those who call it the value play and holding on to it. i missed it but that's why it continues to go higher. i don't think you sell it here. >> the momentum behind it alone is hard to contend with. >> the momentum has been nil. the momentum just presented itself today for the very first time. there's been no momentum. >> no, the stock is the best performing dow stock year to date. that's my point. >> absolutely. >> that's why it's momentum, not just today. >> i agree with that. it's important to understand what the stock did in april and may and it did not perform consistent with the s&p. and people kind of put it to the side a

check in with josh lipton tracking some of the movers of the ira sohn conference a big one now, josh what is it? >> jonathan jacobson of high fields capital management speaking at the ira sohn investor conference a couple names he is flagging, one saying beware of at&t and t is down in the afterhours. also saying beware of lynn energy, ticker linn. the focus of his presentation is digital realty trust, ticker dlr. fundamentals are deteriorating no barriers to enter. you can see dlr down just about 5% now in the afterhours. back to you. >> thank you very much, josh lipton. we have had the ceo of digital realty before. it houses data centers. so, it plays in this whole notion of the cloud hosting outside of your own networks here but trading lower, sharply lower in the after hours session. >> another one of those dividend names people said, oh, a dividend, like bank, whatever, i will just buy it. a lot of these mortgage reads and regular reads that are paying yields that might not be sustainable, specifically in commercial and this one had that overlay of being a little bit fattish as

. ♪ >>> let's get a market flash with josh lipton. josh, what are you watching?nkedin, which is down hard here in the after hours. beat on the bottom line and the top line. the problem, what it said about the future forecast for this quarter and the full year, missing expectations. stock had been a high flier, up some 70% this year, but down about 10% in the after hours. melissa, back the you. >> all right, thank you, josh lipton. i've got to go to guy first. yesterday we specifically asked -- and you've been right on this call, i have to say, for a long time. but yesterday you said to buy it into earnings. >> right. and i was wrong. which is unfortunate, because it's been such a monster. in a vacuum this quarter, was tremendous. revenues better. eps beat by 15 cents or so. but the guidance -- and when you're a high valuation stock, if you have any hiccup in the earnings, or whatever you say going forward, that's what happens. now they have to reprove themselves. i still think it's a great story, but now you have to be here at 181, wherever it is. had a great ent

josh lipton is tracking a name that is moving in the after hours. josh?sa, we are watching nvidia here. the chip maker reported after the bell revenues that clocked in above estimates. looking ahead some disappointment, though. says revenue for the current quarter will be 956 to 985 million. analysts expected 1 billion in stock. then rallied in the after hours and pulled back. melissa, back to you. >> josh lipton. one by-product of the continued recovery in housing has been a surge in land prices and now some big names are betting on the trend. yesterday value investor steve eisman named four star, a company that holds significant acreage across the u.s. as one of his top picks. let's take a deeper dive with tom shapiro, president and chief investment officer at gtis officer a private equity fund that invests exclusively in real estate. in terms of land is it just bare land or is it land that also has houses on it? >> well, we do both. we bought starting in 2009 after the bust we accumulated around 30,000 lots across the country and that can be either raw

. >> thank you very much, josh lipt lipton.one of those names people might have said the valuation is too high and keeps hitting all-time highs. why should i get in at this point? >> obviously visa s o on mastercard. mastercard was down big, and that quarter was in line. but the visa quarter, was fantastic and so was the commentary. people have tried to shoot against these names for a long time on valuation, it's been the wrong thing to do. finally maybe we're seeing separation from visa and mastercard. i'm not certain that will last, but i still like them both here. >> i like these. i think mastercard which i've owned for a long time, the commentary about global growth is disappointing, but the valuation which normally this would seem expensive for me, i love these recurring revenue, these transactions, billions of them, those deserve a decent multiple. i still like them. >> this is one of our favorite stories of the day, i think. jc penney -- >> recently jc penney changed. some changes you liked, and some you didn't. but what

josh lipton is here with the highlights. josh? >> that's right, kayla.per of an lon cnbc thi morning, talking about the u.s. economy, which he says is getting better. take a listen to what he had to say. >> it's so overwhelming. the economy is getting better, autos are better, housing's better. it continues to improve. they can't find enough people to work in housing, is the only thing holding it back right now. >> as for the u.s. stock market, tepper remains bullish and said investors shouldn't worry about the fed tapering its bond buying program. tepper saying if the fed doesn't taper, they were going to get into a hyperdrive market. it's a backwards argument, tepper explained, to keep the markets going up at a steady pace, the fed has to taper back. by his math, there is some $400 billion in the economy, searching for a place to go, stocks are one of those places. tepper saying he would be nervous to short anything in this environment. remember, tepper's appearance on cnbc in december 2010 sparked what some called the tepper rally. he said at the time

josh lipton, thank you. >>> biggest pops and drops. number one, tyson foods. simon, drop it. >> dropping it. miss eed earnings this morning y nine cents. problems with the beef distribution. can they make it up on chick snn. >> cliffs natural? >> cliffs natural, very careful here on the short side because 25% of the flow is short. this is a potential short squeeze. >> dr. j, what do you see on facebook? >> apparently on barron's this is a stock they smoke negatively about this weekend, scott. for that reason as much as anything else, it had a nice move last week. it's giving back a lot of that game going back into the $27 area right now. >> steph, talking about dollar general. >> i'm not quite sure of this stock this morning. i think they're just coming around that there's growth and earnings. that's better than the year and it's not expensive. >>> coming up, from health care to technology, we've got all the big analyst calls on the street covered today in our top three trades and not so fast, anthony sca , it's your turn in the hot sweet, my friend. it's trad

right to josh lipton we go was news. josh? >> starbucks and green mountain announcing a new five-year agreement. the details, starbucks will start expansion of the cougar blue, the single-cup brewing system, beyond north america, and triple the number of starbucks products offered in the current platform. the single-serve market growing fast. starbucks ceo howard schultz saying the segment has grown nine times faster than the overall coffee category in the past year. it now accounts for 25% of total coffee sales in grocery. financial terms, not disclosed. green mountain reporting right now. we'll get you those headlines as soon as we have them. >> we've got the headlines right now on green mountain. the revenue coming in at $1 billion even on green mountain. this is just hitting the tape right now. 93 cents a share on $1 billion in revenue for the second quarter on green mountain coffee. we're watching the stock trade live here. and as you can see, we are seeing a reaction in the extended hours on the heels of these numbers. t

i'm josh lipton. some headlines crossing here on actavis.those reports that it has, indeed, entered into early stage discussions with warner chilcott. actavis further stating that no agreement has been reached. that stock has resumed trading. warner chilcott will resume trading at 3:05. back to you guys. >> thank you very much, josh lipton. that does it for today. thanks for watching "street signs". >> have a great weekend, everybody. stay safe, america! >>> hi, everybody. happy friday to you. welcome to the "closing bell." we enter the final stretch for the week, a record-setting week. this market trying to finish the week on an up note, although we are negative right now, down about ten points on the dow jones industrial average. nasdaq, s&p 500, mixed showing. you've got the nasdaq up 20 points right here with technology one of the leadership groups on the upside today. standard & poor's 500 up about 2

david, we want to send it over to josh lipton to get a quick market flash as we approach the close. watching endo health solutions, that ticker, endp. that stock has been halted pending news. it took a nasty dooive around 30 p.m.. it swung to a first quarter profit on strong sales growth in the generic section. that stock up about 33% this year. we'll get you more headlines as we get them. >>> meanwhile, the white house is responding to news today that the irs improperly targeted tax-exempt conservative groups during last year's presidential campaign. john harwood now with the story. john? >> maria, i just stepped out of a white house briefing with press secretary jay carney, where he is dominated by questions about the benghazi public statements the administration made, but he also, at the beginning of the briefing, got questions abouts this irs revelation. basically what happened is last year the irs denied that it was singling out tea party groups for special scrutiny. today, the irs acknowledged that that had happened. jay carney said that this was inappropriate. he wants to see

josh lipton, take your time. you've got a preview here?l, bill, some well-known names reporting after the bell. first up, green mountain. analysts looking for 74 cents on revenue of $1 billion, respectively, that equates to growth year over year of 15 and 16%. stock has enjoyed a big run, up some 40% so far this year. also, groupon, the online daily deals service. the street expecting eps of 3 cents on revenue of $590 million, representing growth of 5% year over year. we we'll also be on the lookout for news corp. analysts think we'll see 35 cents on revenue of $9.2 billion. investors want to know more about the timing of its publishing spin-off. also watching ratings and revenue for the networks blockbuster show, "american idol," company conference call at 4:30.eastern. and finally, tesla is reporting. street looking for 4 cents on $500 million. the key here, what the company has to say about the model-s backlog. have they managed to bring that down? also, any guidance they can give us about being able to maintain profitability this year.

i'm josh lipton.orts the data storage company beats on the bottom line, just misses on the top line, looking ahead, projecting first quarter earnings below what the street expected. but the company also now planning to buy back 1 billion in shares. quarterly cash dividend of 15 cents per share. last week we did see a report saying that paul singer's elliott and management had been pressing them to change their board and boost shareholder value. scott, back to you. >> josh, thanks. who has a thought on this one on the desk, netapp? >> here's old tech, hardware related. what do investors want to see? they wanted to see that dividend payment which they didn't have and they wanted to see a meaningful buyback and they got it. to me this is one that falls tone a reasonable valuation. it did not have the strength of balance sheet or the growth profile as some of the other tech names that have been working in the cyclical roh faigs but i think it should have a floor in this now because of the buyback. ? . >>

josh lipton rounds them all up. josh? >> headline stocks in today's action.igher today, beating estimates. ceo john chambers on cnbc this morning, sounding upbeat about the u.s. economy. on the other hand, walmart, not so good. reporting profit that disappointed the street. u.s. same-store sales down 1.4%. and warren buffett's berkshire hathaway in the news. s&p cutting its credit rating one notch to aa. the rating agency talking about berkshire's dependence on insurance operations. after the bell, we're going to be waiting to hear from dell. remember, our own david faber broke the news that dell was moving up the timing of that earnings release. dell expected to report earnings of 20 cents, excluding some expenses, on revenue of about $14 billion. and jcpenney also expected to report. street is going to be looking for a loss of 89 cents on revenue of $2.7 billion, which would represent a year-over-year decline of 13%, first earnings report since mike ullman returned as ceo. kelly, back to you. >> josh, thank you for that. >>> we want to turn to a crime and p

right to josh lipton we go. let's get a quick market flash after hours. dora reports that investors are moving in. pandora reports a loss of a dime. that was in line with consensus. they miss on the top line, but second quarter revenue forecasts best expectations. also, subscribers, 700,000 new net subscribers. that's up 114% year over year. listener hours up 35%. that stock up about 9% right now. and up about 80% in the past 12 months. maria, back to you. >> josh, thank you so much. >>> while japan suffered its worst one-day loss in more than two years, the nikkei is still up about 40% year-to-date. here in the united states, the dow is up 17%. so can a dramatic drop like the one we saw in japan happen here? walt zimmerman of united i-cap is expecting it, but darren wolfberg says he doesn't think so. walter, why do you think a japan scenario could certainly play out here? what's your take on this? >> well, two things. the first is, wherever a central bank makes every attempt to juice its own stock market higher, you know the stock market is going to get o

josh lipton in the middle of it all. what's taking this market lower today, josh? >> well, maria, as you and bill mentioned, we are in the red here, though it offsets your lows. down 179 on the dow at the lows of the session, now down 105. in part, traders saying it has to do with the financials, investors betting that rising rates, a steeper yield curve will benefit the banks. the financials do make up about 16% of the s&p 500. on the other hand, however, utilities less attractive as rates rise. and dow utilities, actually entering correction territory today. down about 10% from that april 30th intra-day high. reits also down today, lowest in about a month and a half. also big forpharma in the red t session. and home builders getting hurt as mortgage rates rise. mortgage rates have jumped significantly in the last four weeks. the itb having its worst day in about six weeks. guys, back to you. >> thank you so much, josh. >> all right. so, have we seen the cover of "usa today" yet? this is this morning's. the headline, "bull run gets solid footing." >> uh-oh! i don'

josh lipton with the preview of aig and linkedin. josh? >> maria, two stocks on our radar.up, insurance company, aig. the street looking three things. this underlying loss ratio, its market-leading pricing momentum, and new guidance on capital returns or earnings recovery prospects. that stock, up nearly 20% this year. ceo robert benmosche in a cnbc exclusive at 4:30 this morning. and linkedin, eps of 31 cents. that would equate to growth year over year of 104.68%. analysts say they're expecting to see strong first quarter results given its differentiated offering and superior value position for recruiters, premium members, and advertisers. they have a hold on the stock, however. a rating they say is valuation-based. that stock up some 70% this year. up some 340% from its ipo price of 45 bucks. maria, back to you. >> all right, josh, thank you so much. well, one millisecond, that could be the difference of millions of dollars -- >> did you feel that? it just went by. >> in the world of high-speed trading. it's that very mentality that has cost the market and investors far m

back to you. >> thank you very much, josh lipton.is unusual on carl's part as josh mentioned, he serves on a few boards. cvr is the last board he took an active role and served on the board for. let's say you're sitting on a board. what's your move? >> if you have a tight stop on this thing, i think you can still play dell from the long side here. i'm not speaking to the business necessarily. i know the stock has sold off. we obviously had it 14.25 a little while ago. i think you can own it within an extraordinarily tight stop, understanding that this could go pear-shaped. risk/reward to me still sets up better on the long side. >> amd, in case you missed this, the semiconductor company popping 5% in today's session alone. and it's up more than 15% in the past week. it's actually up 68% over the past month. most of the year's gains. so what do you do at this point? i mean, there are a lot of rumors fueling this, be obviously. >> definitely. and there's a lot of short guys on the stock. goldman had a buy report or at least ultimately

let's get to josh lipton, he has the postscript on some of these names and preview on others. josh?earnings reports. let's review some of the highlights here, humana, enjoying a nice move today. the health insurer, better than expected first quarter earnings. also, boost 2013 guidance. that stock, up some 13% so far in 2013. >>> intercontinental exchange, another gainer. i.c.e., which is buying nyse says profit fell on acquisition costs, but still beat the street's estimates. others reported, but disappointed. that would include garmin. first quarter profit clocks in below estimates. revenue dropping at its personal navigation devices business. that stock down some 17% this year. now, earnings reports, we'll be watching after the bell. that would include facebook, of course. analysts looking for 13 cents on sales of $1.44 billion. jpmorgan remains bullish as it's still early, they say, in social advertising. facebook, now up about 3% this year, though down some 27% from its offering price of 38 bucks. also on our radar, cbs, visa, and yelp. bill, back to you. >> all right, josh, tha

. >> all right, let's check in with josh lipton who is back at headquarters. couple names he's tracking today in the afterhours session. josh? >> melissa, leaders and laggers in the dow this week. the best caterpillar. stock hit a nine-month low on april 22nd. since then it's bounced 11%. the worst this week mcdonald's the golden arches down 2.6%. mcdonald's saying this week that global same-store semis fell 0.6% in april. taking a step back, though this year, mcdonald's up 13.6%, but cat down 1%. only stock on the dow in the red for the year. melissa? back to you. >> thank you, josh. by the way, on "options action" in the next half hour we have a trade on cat. mcdonald's any buyers here? >> it's actually a very competitive environment. wendy's came out with their sales guidance as well. all of these names are in a hyper competitive environment. i don't like the space. >> each time they hit these stocks on earnings, they come back immediately because their yielding 3% plus and they are buying back, shrinking the float and people say, all right, it with us a bad

. >> to josh lipton now. >> we're watching bristol myers here, the stock hit a 52-week high today.an society of clinical oncology. they're going to release some data today. >> very much. an interesting hour. >> indeed. i thought one of the things that was interesting is how tentative and still concern s s. >> street signs begins now. >> some said we couldn't get much higher months ago. they were wrong. but are they right now? google is raised to 1,000 bucks a share is getting closer. the stock above 900 and its new news, music to investors' ears.

i'm josh lipton. check out apple, which is in the red. near session lows right now. that tiger global manager. that stock was already under pressure. it slipped below the 50 day moving average. stock recently peeked near former highs. i just spoke to mark newton of gray wolf, the chief technical analyst there. mark says support is at 4:13 and 3.82. thank you very much for the news there. do you remember this? okay. for real. google is trading up 15% or $13 to $98 right now. >> look, google has made service announcements here. not as big into hardware as last year. we talked about google music all access. they have gone a bit into plans for education. just now . >> in the meantime, google's race to $1,000 a share is going into overdrive. the stock crossed the 900 buck mark earlier today. >> also at the google conference here. i understand that you are also a new father. >> we love it. >> let's get right on google. 1,000 bucks may seem only $95 a way. >> we still like the stock. >> we also need to have the marketplace that is similar. >> i'm a warrior. this company con

for that, we send it over to josh lipton. josh? kayla, first up, apple, one you were just mentioning here, in the red. showing some relative weakness all morning. meet peter misic of jeffries tells me that the iphone 5s will likely come out in september, not june. there was a similar comment on another network around 1:45 p.m., which coincided with that downturn in the stock. scott redler also telling me 450 high pressu 450.50 was an important pivot for traders. when that broke, some got stopped out. last line for the bull, he says 435. nokia also lower. analysts at mkm say only 1% of their respondents had a nokia smartphone. morgan stanley, shareholders approving its 2012 comp plan. ceo gorman also saying that the firm hopes to deliver on its roe goal of 10% by 2014. other banks moving higher as well today. goldman, bank of america, and citi. bill, back to you. >> josh, thank you. >>> meantime, shares of sony have hit a new high today, up 10% on the news that the company may have to spin off certain divisions at the behest of an a

i'm josh lipton. universal display. tough day reports of first quarter loss.ting analysts. the street reacting. cutting price targets. telling their clients they make this a hold. the risk, reward and valuation suggests limited upside at current levels. panl down about 12 13%. back to you. >>> thank you very much. one last story before we go. the internal revenue service apologizing to the tea party and other conservative political groups for inappropriately hassling them about the 2012 election. the low level workers in cincinnati singled out organizations with the words tea party or patriot in their applications for an unusual number of additional reviews. many conservative groups complained during the election that they were being harassed by the irs. as you probably know by now, carl icahn making his return to the halftime report with scott wapner. let's get back to headquarters and the halftime. >>. >>> carl, thanks so much. welcome to the halftime show. we have four hours to go until the close. let's look at where we stand on this friday on the street. i

telephone ringing ] now a waiting room is just a room. [ static warbles ] >>> go to market flash with josh liptonolar panel maker swings to a 755 million. the ceo talking about the balance sheet additions. rye affirming 2013. short interest, 30%. >> you see that chart there. most of the gains have been made in just about the past month. and that's when first solar had its meeting. >> they did. and they were able to have the luxury of having an accounting change where they were able to pull future earnings into today's dollars. it has a huge short interest. and to guy's point, we have to be very afraid to sell a stock short with this huge shortage. so i would still be out of the name. no trade for me. >> let's move on to the next trade. berkshire bear. did he make a compelling argument? and what lessons are the take aways with his 101 with buffett. doug kass joins us now on the line. have you rethought any of your thinking now that you had that one on one directly with the oracle himself? >> no, i haven't. i feel as strongly as i did before. the stock was up only about 1% in a very strong insuranc

josh lipton moving up the big movers. josh. >> maria, we begin with the green. investors increasingly willing to bet on sensitive sensors like materials t. best performer in that sector was u.s. steel. up today, they're still down more than 20% this year. discount brokers also moving higher, charles schwab. td ameritrade, both interests are exposed to interest rates. so the investors think the economy is doing better. rates ultimately rise. gilead the drug maker hits a record high today. quarterly profit jumped 63%. that stock up some 114% over just the past 12 months. on the downside, terra data, the worst, they say they are looking at results on the lower end. susquehanna and specific crest cutting their targets. on link ed in. the social network forecasting revenue that disappointed investors. bill, back to you. >>> all right, josh, thank you very much. >>> heading to the close, with egot about 15 minutes left here. yes, we are moving higher again, up 155 points. we were up 177 at the high of the day. we need to be up 168 to get to dow 15,000 on a closing bas

. >> let's bring josh lipton into this, and we can talk more. hey, josh. >> hey, sue., here's your headline. it's now an official bull market territory, up 20% from the low in november. remember, five of the sectors in the index already in bull market territory, financials, consumer discretionary, and industrials. sue, back to you. >> josh, thanks so much. well, you know, kenny, 20%? >> it's hard to argue. listen, i'm the first to say it's hard to argue. you can't fight the fed and can't get in the way. you have to go with the trend. >> if you look at the percentage gains in the dow, better than 15%, 13%, even the nasdaq up 12%, and it's only may. >> it's only may. >> from the greatest threat this market has is nobody believes in the rally. this is the most hated -- i've been with cnbc 20 years, you've been there as well. everyone hates this rally. there's so much kept stitch, that will be the biggest factors. >>> gentlemen, thank you very much. don't look a gift horse in the mouth, i get. >>> which industries are growing sales and profits at the fastest rate? a key in

i'm josh lipton. this one is for the gamers out there.gher this morning. the gamemaker saying it now expects adjusted earnings for its coming fiscal 2014 to be $1.20. the street was looking for $1.10 and the street is reacting. jefferies and credit suisse raising price targets. >> thanks very much. josh lipton. >>> shares of zillo, the real estate website swung to a loss. revenue for subscribers slumped and the stock's been on a tear, as you know, up over 100% so far this year. here first on cnbc is spencer rascoff, the ceo of zillo. good to have you back. >> thank you. thanks for having me. >> pretty good quarter, new heights in traffic and record revenue. you boosted your revenue outlook? some on the street will argue the low-hanging fruit has been picked. >> we'll see. it was a great quarter top to bottom, and we beat on ebitda, and metro traffic. i think what the stock has reacted to is we've made the decision to invest for the long term and operate at a lower level of profitability, intentionally than we might otherwise and we are in

and let's check in with josh lipton with the breakdown what we have learned so far from f-13 filings. >> 13-f seasons. money managers telling us what they are buying and selling. warren buffett's berkshire. dissolved stakes in adm and general dynamics, and new stakes in chicago bridge and iron and upped in ibm and wells fargo. leon cooper, one interesting theme, metals and miners, initiated a stake in the gdx at a four-year low. and gld, called that a position in the slv, which is near a three-year low. and dan lobe, dissolves stakes in morgan stanley, capital one and reduces in murphy oil, yahoo! aig. melissa, back to you. >> thank you, josh. karen, any of those stand out to you. >> loan pine, hrb. h&r block, vaqnguard increased their stake by 2.3 million and loan pine, a brand new stake of 6.7 million shares, this name we like. interesting to me. >> in terms of -- >> cbi. >> chicago bridge and iron. >> not headquartered in chicago. >> no. >> a great play. one of the infrastructure plays we discussed. don't go piling in on the back of mr. buffett here. traited up to 63 in the beginni

. >>> up to josh lipton. he's digging through the numbers today. josh, what stood out to you? >> maria, leaders and laggards today. solar stocks moving higher. solar city, sun power and first solar all about 52-week highs today. also, check out e lan and theravance. sticking with biotechs, the american society of clinical oncology meeting later this month. but on wednesday summary of data presentations gets released online. tends to be a forum where biotech companies upgrade data on their drugs. you saw celgene moving higher. gilead. ubs saying share of the market for hepatitis c drugs. they raised their price target to 63 bucks. what didn't work today? mosaic for one. fertilizer producer. company saying it will delay potash production in western canada. positive supply growth, meaning lower demand. another laggard, barnes & noble. that was a cliff dive. last week, remember, we had tech crunch reporting that microsoft was in talks to offer $1 billion for the digital assets of nook media. its e-book joint venture with barnes & noble. today insider monkey reporting the deal is n

. >>> let's get a market flash with josh lipton at headquarters. >> we're watching nordstrom, which reportsnd disappoints. posts disappointing sales and profit for the first quarter. same store sales rising 2.7%. also lower, its four year sales forecast, down about 3% right now in the after hours. melissa, back to you. >> thank you very much, josh. macy's had a great report. >> but one thing they did tonight they had a little weakness at the high end and a little weakness at the low end. so interesting that we saw walmart and jwn mistoday. >> bea arthur didn't have any miss at the high end. >> we don't know about the low end because it's waist up. moving on. this week, we're revealing the cnbc disrupters, julie joins us once again here at the nasdaq. >> great to be here again. so far we've revealed disrupters in retail, media, manufacturing, enterprise, financial services, transportation, and health care. up next our travel and leisure disrupters. taking advantage of the power of gps and mobile to transform the way people spend their time, from travel to gaming. >> 33 million users check in

let's go back to headquarters for a market flash with josh lipton. >> i know you are there in sin city but here in new york at the investor conference yesterday, we had some big names making big picks. david ihorn recommending investors do their own homework. but he does like oil states international, ticker ois. its off shore products are technologically advanced, highly engineered, some are considered must have. ihorn saying that stock in the green today. also the well-known short seller said the business of hard drives is a value trap with companies like western digital and seagate likely coming under the same kind of pressure that has hit pc stocks. a few weeks ago, you asked channos about that very thing. here is what he said. >> if you look at the hp and dell scenarios, it's natural to sit back and say what about intel, what about microsoft, disc drive makers? all of the companies that are relying heavily on pcs. >> yes, yes. >> why not those? >> well, i mean, i'm not saying why not those. i think that your viewers should be, you know, sharpening their pencils when in this space

let's get to josh lipton for a market flash after the close. josh? foods just reported after the bell, ripping higher now in the after-hours. beats on the bottom line. top line basically in line. same-store sales, 6.9%. so far this quarter, up 9.4%, raises eps range for the year to basically in line with consensus, 286 to 289 and also announces a two-for-one stock split. maria, back to you. >> thanks so much, josh. >>> one minute you are eating a big mac, the next minute you are rescuing three kidnapped victims and the next minute you are a media star. that's charles ramsey's last 24 hours in a nutshell. but it is the days ahead that may prove even more interesting. jane wells has been following his story today and she has the very latest. jane? >> maria, in this incredible escape of three women and one girl in cleveland after apparently being in prison for years. we also got to meet america's newest celebrity, charles ramsey, who came to their rescue, and in explaining what happened, gave a free plug to his favorite fast food chain. >> i was in my l

let's send it over to josh lipton, quick market flash after-hours. h. >> let's get you caught up on the numbers. a beat on the bottom line and the topline. on the bottom line, it was 76. the street was lacking for 64. on the top line, 4.55 versus 4.5. in terms of guidance, looking ahead, the company looking for the year of eps of 275. that was slightly below consensus of 278. the stock, up about 1.2% right now in the after-hours. maria, back to you. >> all right, thank you so much, josh. meanwhile, a big focus tomorrow on. the jobs number is out. economists are expecting the employment rate to remain at 7.6%. our jeff cox says the jobs situation may not get better this year and he says corporate earnings are to blame. jeff joins us right now with his take, along with economist lindsay piegsa, good to see you both. jeff, why are you blaming balance sheets? >> it's that old time line story, we've seen a lot of bad news so far with earnings season. about 40% of s&p 500 companies falling short on the revenue side. so i think if you want to look for growth

josh lipton has been tracking which stocks took much of the hit today. josh, over to you. >> hey, maria, yeah, your biggest drag in the dow today, that would be ibm, big blue down over 1% today, now up just about 4% thisyear. as for the s&p 500, best performer, western union, the money transfer company saying it's seeing return to profit and revenue growth in 2014, stands by its guidance for the current year. western union now up about 15% this year. but the bears, they were winning today. on the s&p 500, more than five losing stocks for every one winner. some of your worst performers, jds uniphase, adt, one oak, and marathon petroleum. your worst performer, that would be allergan, the news, approval of its new eye drug will be delayed for up to years. but that was good news for regeneron pharmaceutical, rgen, your best performer today on nasdaq, the worst performer on that tech-heavy gauge, fiserv. >>> and next, we're hearing prices are soaring and the market is hot, so why is home ownership at an 18-year low? diane olick and the ceo of the real estate g

. >> let's talk about this surprising day on the street, with cnbc's josh lipton who's been here all day at the big board. and our own rick santelli in chicago. josh, what's the buzz on the floor. why are we higher after everything else that's happened today? >> bill, you look at the dow right now and session highs, racking up another 87 points. as you guys were talking about, the economic data this morning, not so great. jobless claims, gdp, pending home sales. traders down here saying, listening, if you were worried about qe, if you were worried about what dr. bernanke's next move is going to be, you don't mind some slightly softer economic data. of course, other traders are also looking at volume on the big board around 400 million shares trading hands. they'll call that uninspiring. tomorrow, though, look out, we have the msci rebalancing. that's going to mean some big volume at the close. let's check out some sector performance today. we'll start off with financials. some of these names making 52-week highs today. you have goldman sachs trading at levels we haven't seen since apr

c nbc's josh lipton was telling us about hewlett-packard, up 14% after hours. >> listen to meg whitmaneg whitman saying revenue growth will be possible but progress she's saying won't be linear macro economic environment, will not be a tail wind. she says a good shot at growth in 2014. analysts asking about this line of sight they have to this neutral net debt positions. what about buy-backs? meg whitman saying we can do cap allocation across different options. the past 18 months focused on relaying the balance sheet, now they have the opportunity to invest, return cash do small tuck-in acquisitions. free cash flow an important point on this conference call the company saying they expect $7.5 billion in free cash flow in 2013 focused on cash flow as a company. whitman referencing dell's earnings. she pointed out cratered saying it is not what you do when you are investing for the future we are focused on deals that are sticky and we need to do the right product for the right segments, back to you. >> thanks very much for the background. how do we trade it going into tomorrow? >> the ex

josh lipton is breaking down the movers and shakers and really what the companies are that are compellinghis market. josh? >> maria, another day of gains in the market. big names hitting new all-time highs in today's session. among them, comcast, parent company of cnbc. google, which is now up some 21% just this year, black rock, and starbucks. also check out fossil, your biggest gainer in the s&p. the worst performer, first solar. a good day also for the financials. many trading at new 52-week highs the today, including wells fargo, citigroup, and bank of america. and we'll end here on facebook, which i know you guys are just about to debate, slips into the red today, down 30% from its offering price of 38, though up 50% from its low last fall. guys, back to you. >> yes, let us talk about facebook, josh. thank you. joining the likes of apple now, this is a list of the top revenue-generating companies and facebook now just made the cut. still, not bad for a company young enough with its own share of revenue doubters out there. so even as the stock lags below its ipo price last year of $38

. >>> plus, as josh lipton pointed out, disney hitting another all time high with "iron man 3" smashing the weekend box office. when we come back, how invincible has "iron man" and marvel made disney's bottom line as we await tomorrow's earnings report from bob iger. we'll talk about that when we come back. it raises the price of fishmeal, cattle feed and beef. bny mellon turns insights like these into powerful investment strategies. for a university endowment. it funds a marine biologist... who studies the peruvian anchovy. invested in the world. bny mellon. of splitting up the banking giant. kayla tausche has the full story for us. >> the prince is a long time citigroup shareholder. he built up his stake even further through converting preferred shares after the crisis. he's long been vocal about the bank's strategy, too. today in an interview with reuters the prince was quoted as saying the idea of splitting citi is now dead completely. the latest results of citigroup were the best among all of the banks. citi's net income rose 30% in the first quarter led by its investment bank. spl

let's get to josh lipton, who has all the action and what happened in this final hour. a big sell-off at the end of the day, josh. >> maria, look at the dow, we had been up as much as 95 points. the blue chips finish up about 22 points. talking to traders, some of them explain, listen, we've been up/down, up/down. maybe some traders booking some short-term profit as we head into the end of the month. also remember, maria, sell in may, go away. obviously, that's a seasonal trade. but so far, this may, the dow and the s&p, both racking up gains more than 3%. both on track for their best mays since 2009. let's get to some sector performance, as we close out here. financials, they're your best-performing group this month. again, today, you saw some 52-weeks high. goldman sachs trading at levels we haven't seen since april 2011. wells fargo trading at levels we haven't seen since december 2008. tech, industrial also gaining. also, today, a weaker dollar, a three-week low for the greenback. we saw some gold miners pop, ken ross barrett. those stocks down hard on the yield. and

josh lipton, what happened today? >> maria, you said it. the dow in the red, but a lot less red than it had been. the blue chips were down 179 at session lows, finished down 106. one sector that did get hit, though, today, were utilities. the dow utilities entered correction territory, finishing at the lowest level in about three months. utilities less attractive as rates rise. the same goes for staples, reits, and big pharma. home builders, another sector we were watching. home builders really getting hurt here as mortgage rates rise. you've seen mortgage rates rise significantly over the past four weeks and some of those names finished down. and we'll end here, though, on the financials. financials are reason we did see that bounce off session lows. investors betting on rising rates, a steeper yield curve, which would benefit the banks. remember, financials make up about 16% of the s&p 500. maria, back to you. >> all right, thank you, josh. u.s. treasury yields at their highest levels in over a year, even with the market's pullback today,

i'm josh lipton. news out of microsoft and yahoo!icrosoft extending the revenue guarantee it provides to yahoo! in their search partnership. the guarantee extended for one year. remember, the two began a search partnership in 2010 to compete with google. also according to a filing with the s.e.c., yahoo! disclosing financial results at two of its asian assets. ali baba where profit tripled. yahoo! japan posted a 13% profit gain in 2012. back to you guys. >> thank you very much, josh. >>> mike murphy, what do you think of that? trade it. >> i think the ali baba news is really key for yahoo!. marissa mayer has done a great job. however, the stock looks very extended. it's had this great run-up. it's pulled back each and every time. i wouldn't run in and chase this here. i'd wait for a pullback. >> downtown josh brown, you want to weigh? >> what's interesting with yahoo! the analysts can't seem to keep up with both the estimates and the growth of the asian assets. and it seems like they want to keep expanding what the multiple -- what i

ringing ] now a waiting room is just a room. [ static warbles ] >>> welcome back to "fast money," i'm josh liptoning service could launch as soon as this week. google has signed deals with three major music labels. you're looking at after hours moving. google not doing much but pandora down 2% here in the after hours. back to you. >> thank you very much. >>> you tweeted, we traded. let's get some of your tweets to our crew today. the first one is for tim the hipster. will you talk about chinese internet stocks like baidu? >> well quickly, i think these are trades not marriages, these are dates, not marriages. >> you love that segment, because every single stock is now in that context. within that frame. >> i think of my life that way. >> oh that's going to work well tonight at home with your pregnant wife. nice. >> can we talk about chinese internet stocks please? this is a stock with a nice rally and ran into resistance. probably the one with the most interest because i think they have the most interesting business model. they are the closest -- >> marry sina. >> i would marry sina before i marr

let me get over to josh lipton, a quick market flash on a market that was down 22 during market hours. some action after-hours. >> some numbers out of gap we want to bring you, maria, quickly. gaap gap giving preliminary first quarter earnings guidance, 68 to 69. the street was looking for 56. revenue, $3.7 billion. consensus there was $3.6 billion. also reports comps of plus 2%. and gap moving higher there in the after-hours. maria, back to you. >> thank you so much, josh. stocks bouncing into negatory, final hour of trading, but bouncing again off of the lows. bob pisani navigating it all. over to you, bob. >> those are terrific numbers from gap. take a look at the dow jones industrial average. sort of steady as she goes, a very narrow trading range throughout the day. around 2:00, we saw a move to the downside. the head of the philly fed said he would like to see the fed slow their bond buying soon. but he's a known hawk. we all heard these rumors down here that perhaps there was a journal article coming about the fed considering scaling back bond purchases. nobody believes this do

i'll send it over to josh lipton right now.is take ton the big reversal in stocks today. >> maria, a big swing in the stock market today. the dow, the s&p, midcaps and small caps, touching all-time highs earlier in the day. the nasdaq hit a new 12-year high for the 18th consecutive session. in the s&p, we saw 140 stocks hit new 52-week highs. but then around $1% eastern, that all changed. the markets rolling over a major turnaround. i know, maria, you were talking to our own steve liesman earlier. steve said the market got caught off guard. bernanke saying we could taper soon, not imminently, but then fed minutes suggesting that some fmoc participants had actually suggested tapering as soon as june. so some discord there. the dow, which had been up as high as 155 points finishes down about 80 points. we have not seen a reversal like that since november of 2008. as for the s&p, all ten sectors, remember, flashed green in the morning. now, in the red. showing really the breadth of that move. nyse volume, high teest in a mo. what

josh lipton rounding up the moves, which could play into tomorrow's markets. >> big-name investors tellingn buying and selling. let's start with apple. julian robertson's tiger management out of apple. chase coleman's tiger global management cut its stake by 75%. and david tepper's appaloosa cut its stake by 40%. and oil states international, remember, that was his long call, at the sohn investor conference added 2.7 million shares. einhorn maintained his position in the miners. that big theme with leon cooperman's o megaga advisers. he also likes the gld, the etf that tracks bouillon. can he also carved out a position in the sld, that tracks silver, which is near an 83-year low. >> some of the smart money going to those metals. >> i wonder what time in that quarter, because they have not done well lately. >> although, that's when you buy, right? >> thus the reason to buy. >> we'll see if it works out. >>> as the work in our nation's capital piles up, such as tax and immigration reform, the white house is now battling scandals on multiple fronts. eamon javers has the latest developments fr

josh lipton summing it all up for us. >> maria a wrap-up. amd, your biggest gainer by a long show.sts say the company is doing well in the game console business. a couple recent design wins also say we could be seeing a bit of a short squeeze on this one. that stock was at $2 and change a week ago. other winners include bulkan materials and apple regaining its title, worth more than exxon mobile. that stock up 15% in the last two weeks. seagate, another gainer this week. one of the largest manufacturers of hard disc drives in the world managed to report and best estimates, investors moving in. some of the worst performers this week. big pharma, merck and pfizer reporting disappointing sales and lowering for your outlooks. among the blue chip the best performers on the week includes caterpillar, ibm, 3m, lack ards, united -- laggards and j.p. morgan. >>> contributor michael farr says yes, pe sher sclif has his doubts in a fed driven market. peter, what's your problem with this market? >> the problem is why it's rides. it's not because the fundamentals are moving. it's because of the

josh lipton rounds out the earnings news. >> retailers reporting earnings and some did not please investors. target said first quarter earnings fell nearly 30%. revenue slipping 1%. weather talked about as a reason for the weakness. target also cutting its full-year guidance. on the other hand, zale, though off its highs, still up sharply in today's session, swung to a third quarter profit. david wu, the luxury goods analyst, telling me he was very encouraged by the results. former cigna chief terry berman will be zale's new chairman. american eagle outfitters, the teen retailer, posted a drop in first quarter sales. expecting same-store sales this quarter to be flat. i spoke with bmo's john morris earlier. saying investors are willing to look ahead. spring will company and these companies will do better. and there's a sense that the c-suite at aeo is being prudently cautious. and lowe's also cut its full-year profit forecast, but the stock leans into the green today. morningstar's peter wallstrom pointing out that may comps are up 10%, so trends perhaps moving in the right direction here.

. >> josh lipton is taking a closer look at this super tuesday streak.ly, if i bought every tuesday at the open since the run began on january 15th and sold at the close, how would i be doing, josh? >> well, bill, you would be up about 11%. not bad, but not as much as if you had bought the dow on january 15th and held your long position. in that case, bill, you'd have made about 14%. but the big question, at this hour, as maria talked about, will this be another positive tuesday for the dow? remember, we've already seen 18 consecutive tuesdays in the green for the blue chips. ryan detrick over at schaifffer pointing out the dow has gained some 1,400 points on tuesdays. the consecutive record. in the dow today, some of those names moving higher. home depot, first quarter earnings rose 18%. that stock up some 27% this year. barclay's, credit suisse all raising their price targets. as for the s&p 500, they are 126 names hitting new 52-week highs today. today, about one quarter of the gauge. auto zone heading higher. the auto parts retailer. their core earni

let's get to josh lipton with what's driving this move today. over to you, josh. >> maria, as you guys were mentioned, we are well in the green, but also now well off session highs. the dow had been up 218. now up about 102. you did have that positive economic data today. you saw home prices better than expected, consumer confidence, better than expected, but some traders down here point to that vacillation, as well as this light volume we're seeing on the big board as indicative of really the conviction in this move. now, what's been working today, if you look under the hood in the s&p 500, it's really those cyclical sectors, those economically sensitive sectors. it's energy, as well as financials. you had analysts at moody's change their outlook on the u.s. banking system to stable from negative. what is not working today is utilities. the dow utilities actually now down for four days in a row here, as we see this move from the defensives into the cyclicals. bill, back to you. >> josh, welcome back to the new york stock exchange. we'll be check

let's send it over to josh lipton and get a market flash. >> maria, we're watching saks, which is racingr-hours. and that's on a report from the "new york post." "the post" saying that saks has hired goldman sachs to explore strategic alternatives, including a possible sale of the company. "the post" saying that it tapped goldman in recent weeks, likely bidders include private equity firms including kkr and leonard greenhamm partners. that's according to the post. the stock right now up nearly 19% to 1626. that's the highest level, maria, with since february 2008. >>> all right, josh. thanks so much. 250 higher on saks. take a short break. then jpmorgan's chase chairman and ceo jamie dimon wins the battle. does that mean he's ready for war? up next, we'll debate what it means for his power base, the banking giant's future, and the stock. >>> later, as apple ceo tim cook is defending the technology giant's tax tactics at a senate hearing, how much should congress be held accountable for what its tax code allows companies too company s to do. we'll talk about that touchy issue. [ kitt ] yo