for "nightly business report" i'm julia boorstin in los angeles. >> and finally tonight with so manyeople focused on black friday shopping at the nation's biggest retailers mom and pop stores are gearing up for their big day. it's tomorrow. small business saturday. kate rogers has more. >> sandwiched between two of the year's biggest shopping days. black friday, and cyber monday, on small business saturday, lomb shops get their chance to strike holiday gold. for owners like guy who runs new york city jewelry store phoenix rose it's the official kickoff for retail madness. >> so for the past year seeing increasing sales on small business saturday. we make everything by hand, and everything is done here. and you know, everything's made in basically the west village, and the people like that. >> anthony, owner of lilac chocolates, is also feeling the community lo he says the american express sponsored promotion brings added foot traffic for the 91-year-old manhattan based store. which does about 20% of its annual sales between thanksgiving and new years. >> one of our busiest saturdays

for "nightly business report", i'm julia boorstin. >>> and in case you were curious, your thanksgiving dinner tonight costs a little more this year. the american farm burro federation says the total cost for a classic feast for ten will average just over $49 total, but that's only, susie, 37 cents more than last year. what a bargain. >> it's worth it, especially with the pumpkin pie. that's "nightly business report" on this thanksgiving day. i'm susie gharib. have a great day and thanks for watching. >> i'm tyler mathisen. happy thanksgiving, everybody, and we'll see you tomorrow everyone. >>> "nightly business report" has been funded in part by -- >> thestreet.com and action alerts plus where jim cramer and fellow portfolio manager stephanie link shares stock picks and market insight. picks and market insight. learn more thestreet.com/nbr.al- (roadtripper #2) they give three of us random people the keys to a bus. (roadtripper #3) we're just gonna talk to people who are happy with their lives, happy with their work. (roadtripper #2) i could just feel new york bursting at the seams. (ro

julia boorstin has more. >> reporter: die-hard fans turned out at walmart for exclusive early access to call of duty advanced warfare. day zero edition. that's before it's available everywhere else tuesday morning at 12:01. advanced warfare has been called the most ambitious game in the franchise yet. set in the sci-fi future with kevin spacey playing a role. >> the journalist ought to be able to disagree with the president. >> wipe that off your face. >> working to build buzz for the game with a global ad campaign including a live action trailer that debuted on thursday night football. >> like we see with movie sequels, this is a new story, it's a three-year development cycle. first time it's been on the three-year development cycle. a lot of interesting new tweaks to it. particularly this is the first game that's specifically made for the nextgen systems, the x-box 1 and the ps-4. >> sales have topped 1 billion for the game. but the pressure is on to reverse call of duty's sales slump declining to 27 million two years ago and 24 million copies last year. analysts project sales to b

julia boorstin has seen them. what is moving the stock here. >> i'm monitoring the meeting and ceo dick costolo took the stage and laid out husband vision to connect the company to their world and to the world. a couple of changes he announced. one they are going to allow new users to access an instant time line. easier access. instead of having to follow a bunch of people, they are going to automatically plate yoopulat time line with news they think you want to follow. and -- they also say they are investing in delivering new services, both new services to app developers so they can make more money from distributing their ads through mo pub. but also new separate apps like vine. we've seen facebook do this with its portfolio strategy. looks like twitter is investing in this as well to broaden their potential reach. i'm going to go back to listen to more of the call and will be back with more. >> we're still having this vision debate as these head lines are moving and the stocks is as well. >> it is a minute by mi

our dream team, though, julia boorstin and morgan brennan are with us. julia, you're up first. >> well, sue, dreamworks animation may have ogre-sized brands, but jeffrey katzenberg is under pressure to diversify. i'll tell you what the media mogul stands to gain from a deal with hasbro. morgan? >> then there's the toymakers. what does hasbro want out of the deal and what's it mean for rival mattel? princesses and ponies when "power lunch" comes back. financial noise financial noise financial noise financial noise ghave a nice flight!r bag right here. traveling can feel like one big mystery. you're never quite sure what is coming your way. but when you've got an entire company who knows that the most on-time flights are nothing if we can't get your things there too. it's no wonder more people choose delta than any other airline. toasty or frosty? exactly the way you want it ... until boom, it's bedtime! your mattress is a battleground of thwarted desire. enter the sleep number bed. right now save $400 on the c4 mattress set. he's the softy. his sleep numbe

. >>> i'm julia boorstin in los angeles. youtube announcing youtube music, ad free music and offline viewing of youtube music videos. it will include a subscription to google music competing against apple's itunes, pandora and spotify. youtube music will start next week as an invite-only beta. early users get six months free followed by a price of $8 a month. >> thank you very much. julia boorstin with that report. and now we turn to the meat and potatoes of "power lunch." playing the weather. today on the big show the cold, commodities and stocks. winter weather moving in early. watch for an impact on your portfolio. and a car in 30 minutes. auto nation says it can do that. it can make it happen. its plan that can revolutionize the way we buy from dealers. and the soap opraw looked like it was on the track to better transparency. wait until you see what the president and his wife are up to. >>> down to sue at the new york stock exchange. >> we are going to begin with the arctic blast enveloping parts of the country and the

our own julia boorstin has more. with an exclusive sbf with the ceo of hbo. >> thank you kayla. big question that next year we're going to vhave an over th top hbo service. how can you do this without cannibalizing the business? >> we want to work with the barters to go after the big broad band business in the united states. we think there is a big opportunity to market hbo with our partners there. and we've done a lot of research. there are 10 to 15 million homes out there we think are receptive to hbo. this is not going to be can ballistic of the current business. we think it is additive. and great for the industry. >> one of our partners just yesterday on our air was very critical of your plan. let's take a listen to what he had to say. >> anybody who sells their content over the top and also expects to continue to exist inside a bundle of services sold to cable or satellite providers i think is really diluting themselves. >> that seems a little bit like a threat. >> well listen, i have nothing but respect for tom. i had lunch with him on tuesday. we had as they say at the st

julia boorstin covering that iflt. >> twitter new tool for advertisers and shoppers to turn your credit card into a coupon. offering a deal for a big brand like jc penney or a local coffee shop might give say 10% off, which consumers can add to their credit card, then when they make a purchase that discount is already applied and the savings appearing in your credit card statement. now the company won't say what brands it is testing this new service with. it sources say it will be a mix of large retailers, restaurants and maybe a sports league. twitter offer is designed to attract retailers to connect offline activity with online sales. and of course this comes after everyone is talk about the direct messaging fail. this tweet was quickly deleted. now this of course speaks to twitter's big challenge which is making the service easier to use. on investor day ceo's dick costolo easaid. >> we're going to add significant -- it will be the beginning of a steady cadence of improvements to private messaging functionality within twitter. >> what is he looking to buy for twitter? maybe a messagi

julia boorstin joining us with the latest. what are they announcing?facebook announcing it is launching a stand alone app for its groups tool saying it has 700 million people using it monthly to share with small groups of people. this is all part of mark zuckerburg's strategy to create a portfolio. twitter announcing a move to bolester search. it is indexing every tweet published which could boost search related ad revenue. they are looking to extend beyond core tools. >>> the richest contract in the history of american pro sports. we will tell you how much it is worth. hint, it has a lot of zeroes. >>> nascar just completely changed the way it determines a champion, made it harder and kevin harvick took the title. we have a big interview with the nascar champ coming up. in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for yo

i'm julia boorstin. making jay opening this weekend i went to the l.a. premiere.uestion that the film has a huge fan base. mocking jay has more than double the social media fan interest than any other film this holiday season. lions gate is tapping in with a youtube series starring seven youtube stars with millions of subscribers. it could match the last hunger games $158 million opening weekend which would make it the biggest debut by far. the challenge is that i max is not showing the film. lion's gate needs the biggest franchise to deliver not because costs are reported $258 million to produce this film and the next one due out next year. it is the crown jewel. there is exhibition of hunger games costumes and props next fall. though the box office could certainly swing at the stock analysts note strong performance is baked into the stock. >> thank you. good bye everybody. that's "power lunch." >> "street signs" starts now. >>> right now it is records galore. stocks setting an incredible milestone. gas setting the record you will want to hear. a record breaking

the battle is on and julia boorstin is in the middle of it. >> i can't believe we have started the christmasnt down. with about 40% of game software sales happening over the holidays game makers are counting on established franchises to sell. microsoft celebrating the launch of halo looking to cash in on older content and build demand for next year's halo 5. the collection includes ten years of halo games for the new x box one plus the new digital series and the halo 5 guardians multi player beta. >> you need to have a universe in which you can tell hundreds of stories through games and books. that is what we are focused on. >> two other franchises are hitting stores thursday. world of war craft collectors edition and assassin's creed rog rogue. predicts the assassin's creed games will sell the most because they are available on x box and play stations new and old con soles. ultimately says blizzard will win because it has the most proven franchises including call of duty and skylanders and predicts digital will be 20% of game sales. a win for publishers and consol makers but not a win for t

julia boorstin joins us to explain what that means and what stocks are on the move. julia. >> hi, carl. president obama urging the fcc to adopt the strictest rules possible to enforce net neutrality to treat broadband as a public utility like a telephone or power company. this would prevent broadband providers like comcast or verizon from charging internet companies like netflix or youtube for priority. he calls for prohibiting internet service providers from blocking legal content, slowing some content or speeding up others and calls for increased transparency in perhaps most important no paid prioritization. internet provides cannot require companies like netflix to pay a fee to have their sites and content moved faster. this is a direct contradiction to fcc commissioner tom wheeler's plan to allow broadband and content companies to strike deals. cable stocks including comcast, cnbc's parent company, moving down on the news though they have recovered a bit since this morning. the president's proposal if adopted would be a huge win for the range of internet companie

facebook making a play for business versus telling our own julia boorstin that the social network ising on a new website called facebook at work. it would allow users to keep their personal profiles separate from their work profile in an effort to compete with linkedin, google, microsoft and others. facebook has declined to comment publicly on the story. joining us now piper jaffray managing director gene munster, senior research analyst covering the internet sector. i hear you have thoughts on why this may or may not work? >> yeah. our thoughts are this probably is not going to impact facebook's business and probably won't impact a broader work space communication. the reason is pretty simple. facebook has a ton on their plate focused on the consumer side. look at things like whatsapp and instagram and ok cues which rift and an ad network all that stuff their primary focus. this is something they've been putting a little bit of resources too and separately that space is already packed space with companies like linkedin and microsoft's yammer. i think that this probably is good to kn

. >> thanks julia boorstin. >> you want to go disney and you want to stay there. that's the old school way to go. if you look at this stock, it's got a double digit decline. that's a bad sign. that's why people have been going to this. when you start to see that loss of add revenue and ratings, this thing is breaking down tremendously. i still wouldn't be there. >> it's had a horrible year. while disney is trading all-time highs. cbs had a miserable 2014. this is a bounce but i think it just illustrates what an operator disney's been. i think that's still the best here. >> cbs ceo will be on "squawk" tomorrow morning. you won't want to miss that. >>> coming up, fireeye falling sharply on a third quarter revenue miss. and downgrades hitting the tape today. up next, we'll hear from their ceo dave dewalt on why he thinks they missed the street. act i. scene 3. open port twenty-two-oh-one-seven on the firewall for customer db access. install version two-point-three of db connector and ensure verbose flag is set in case of problems. (clapping sound) isn't the cloud sup

julia boorstin is here with the answer. riddle me this. what's the answer?> mandy, those characters could all join forces because hasbro is in talks to buy dreamworks animation. this is the toymaker and studio, both looks to cash in on their brands across platforms. now, this merger, if it happens, would bring movie and toy production for both brands in house replacing the need for licensing deals. dreamworks animation stock gains today speak to how much this deal could benefit dreamworks animation which has big brands like "shrek" and "how to train your dragon" but recently has struggled with uneven performance and has had to do writedowns. before today's gains in the stock, the stock was down 29% over the past 12 months. to diversify away from the risky movie business, ceo jeffrey katzenberg has struck a big content deal with netflix, expanded into digital content by buying awesomeness tv and teamed up with the chinese government to build a theme park and a movie studio in china. now, hasbro has become a force in entertainment. its movies have grossed some

i'm julia boorstin.er shares 2% lower on morgan stanley initiating coverage of the stock at equal weight. analyst ben soonberg raising concerns forecasting net income will decelerate saying twitter will make as much money as facebook is, quote, optimistic. the stock is off its lows down 1.3% considering the sell-off since its earnings last week. carl, over to you. >> all right. julia, thank you so much. >>> from uber to air b and b, giant valuations handed out in silicon valley. peter thiel joined us here's what he had to say about both of those companies. >> a giant market keeps growing very fast. investors are always biased to invest in things they themselves understand so venture capitalists like uber because they like driving in black town cars, don't like air b and b because they like staying in five star hotels not sleeping on people's couches. uber overvalued, air b and b undervalued. bill gurley partner of benchmark and investments in uber and snapchat. good to see you again. we know what sorts o

julia boorstin joins us with more. i've got to admit. got my tickets. >> good.ad of time. i was at the premiere last night. the audience seemed to love it. it seemed like the teenagers who turned out in droves in los angeles as well as here in london for the glimpse of j-law on the red carpet. they have a huge fan base. "mockingjay" has more than double the interest of any other film this holiday season. lionsgate has tapped into that to build buzz with the video franchise starring seven youtube stars who have millions of youtube subscribers. it's already fandango's top advanced ticket seller of the year. it could match the last installment's opening weekend which could make it the biggest year debut. lionsgate needs the franchise to deliver and not just because "mockingjay part 2" is coming next year. it's part of a subscription service they are working on. plus ahead of the final film's debut next fall, there will be an exhibition of "hunger games" costumes and props. along with a play in 2016. while a number of analysts say the performance could swing the sto

and our own julia boorstin. is this crazy? does it make sense?nt, i'll start with you. >> i think it makes a lot of sense. if you look at dream works and what's happened in the past few years, it's struggled with being a mini major and a landscape that's dominated by media juggernauts. they've had three writedowns in the two years. the stock has certainly been a roller coaster every opening weekend that they have impacts their stock price. it's a very difficult thing for a company to be in. that's the reason why there aren't many majors right now. it's really just lions gate and dreamworks animation when it comes to publicly traded companies. this makes a lot of sense in it allows them to diversify by teaming up with hasbro. they have some cushion there. they're not as dependent on their films they produce annually. >> right. julia, i see it in the context of why jeffrey katzenberg would want to do a transaction like this. does it make sense for hasbro? >> well, look, we've seen that hasbro is increasingly seeing itself as an intellectual product

julia boorstin has been following the story. >> better than expected revenue driven by better than projected results as the studio with the u.s. parks resort. one hot topic, the networks having to work. iger says he's confident in the value of the bundble. >> our booking trends are good. they're up in the quarter. about 10%. pricing is up slightly. that's a very good sign. we feel good about the quarter and yield. and our cruise ship business is doing quite well. >> iger noted disney is in the director consumer business in many ways. but he's more focused on improving the value of the bund bundble. >> i guess, wilfred, you and i were young when toy story 1 came out. >> in general, i don't like that time cartoon movies. but "toy story" and "lion king" are at the top. i think ""toy story 3"" was the coolest. >> allianz has boosted its dividend on the back of better than expected third quarter werings in what appears an effort to compete with rivals. the german insurer will now pay out 50% of net profit as a dividend. net profit rose in the third quarter, despite a total of nearly $50 billion o

here is what bob iger told julia boorstin about disney results. >> the results were driven pretty much by across the board success. our parks and resorts were up nicely in the quarter. we had a great quarter from our studio. ended up being up 16% on eps basis across the company. great intellectual property, strong tourism travel, and just a fine performance which capped off a great year. we were up 27% eps. that's quite something given the size of our company and nature of our businesses. >> you can fall all over yourself talking about the positives at this country. iger's long and elongated tenure. stock's going to be down this morning. there is continued concern about a weaker soft advertising market. we saw it yesterday. we brought lesley moonves on from cbs. stock though went down yesterday. there is this underlying concern, maybe it shouldn't be there, in the fourth quarter things may not be quite as good either. >> one of the things iger has done, he has -- it's not like he dodged it. the cfo, ad revenue at the network was down low single digits fourth quarter due to fewer units

julia boorstin with the destales. yulia?lly, president obama's pushing the ftc to enforce net neutrality and prevent comcast, cnbc' parent from charging netflix for faster streaming. in addition to outlawing that, obama calls for prohibiting blocking or slowing legal content. this morning advocates blockaded the ftc's tom wheeler's driveway and proposing a more lenient plan for broad bad companies to strike dealers saying he'll include the statement with the 4 million plus other comments received and the influence sent stocks, time warner table chartering and coming out against obama's proposal. the president's proposal, though, a win for internet companies of netflix and youtube to pandora and ebay. netflix ceo tweeted consumers should decide, not broad bad companies. this is not the end of the story. >> no, it is not. thank you. should the internet be treated like a public utility in head to cnbc.com/vote and opening the polling right now. joining us, craig aarons. ceo of free press. welcome. what was your reaction to the

walt disney earningings with our julia boorstin looking through the numbers, a very special guest. a? that's right. looks like those numbers just crossed the wires and it looks like earnings coming in at -- excuse me, earnings coming in at 89 cents a share. that's right in line with projections. we have revenue of 12.39 billion. that's hair better that were the 12.37 billion expected much looks like a record year, disney's fiscal fourth quarter and driven bay record park attendance and studio profits more that doubling. joining me now with more on those results is disney chairman, bob iger. bob, tell us what really drove the rules this quarter. >> well, the results were driven pretty much by across-the-board success, parks and resorts were up nicely in the quarter, a great quarter from our studio. ended up being up 16% on epsome basis on the quarter cries the company, great intel lech wall properties, strong tourism, travel and just a really type performance which capped off great year. we were up 27% in eps. and that's really quite something given the size of our company and the na

those results now with julia boorstin. >> earnings and revenue slighter better than expected, adjusted earnings of 74 cents a share. a penny better than projections. revenue at $3.37 billion. upside from strength in television licensing both in the u.s. and overseas and 4% increase in revenue as well as the 2% increase in advertising thanks in part to political ads. back over to you. >> okay. appreciate it very much. be sure to tune in tomorrow at 9:00 a.m., cbs ceo les moonves discussing the media giant's earnings here on cnbc. and qualcomm's quarterly results also released this hour. josh lipton with the details now for us. josh? >> kelly, qualcomm reporting and disappointing. reporting $1.26 on 6.69 billion. the street wanted to $1.31. that's a miss on the bottom and top. shipments of chips, 236 million and misses forecasts. on this call, expect the analysts to have questions of china in particular. qualcomm facing challenges there. chinese handset makers that use the technology not paying royalties to qualcomm or underreporting the number of phones they're selling. separately you h

julia boorstin joins us now from california with a look at the toy industry's biggest winners. e the hottest toy in this target is definitely elsa. in fact, there is a life size $60 elsa toy that is totally sold out both in stores and online. no question, queen of the toys, queen of the holiday season toys is elsa from "frozen" beating out barbie for the first time in the 11-year-old survey. 3 million elsa dresses were sold after the movie came out. >> elsa hair. >> ooh. elsa hair? do you want an elsa dress? what else elsa? >> elsa tiara. >> "frozen" is going to wind up being the number one movie property for the industry this year even though it's more than a year after it came out. that's very unusual. >> according to toy industry expert jim silver "frozen" will generate half a billion dollars this holiday season. including mattel and hasbro which secured the licensing rights to "frozen" and disney princesses starting in 2016. a slew of entertainment brands including disney's marvel and star wars. >> the boys action category, licensed brands account for 99% of that aisle. it i

julia boorstin will join us with her conversation with bob iger in the next half hour. >>> first, polar earnings fell short of consensus. the company says it's not going to spin off its solar power plant into a separate entity as some of its rivals have done. i guess that is somewhat responsible moving the stock down over 7%. >>> becky, it's 6:09. we'll see you at 7:00? >> sounds good. no, at 8:00. ron is on with us at 8:00. >> no. i mean you'll toss backs to you, we'll see you again at 7:00? >> yeah. i did, too. >> take it away. where is ron? is he there now? >> anyway, listen up, ron is sitting right here. he's waiting at the camera. we are live at the 23rd annual baron investment conference. this year aels's theme is built to last. our host today is ron baron, chairman and ceo of baron capital. good to see you this morning. >> it's great to see you. >> we're talking about how this started. it's been 23 years, which is amazing to me. the very first conference, what happened? where was it? >> it was at the harmony club in new york and there were 35 guests and 45 speakers. every one of

bundling its beats, music streaming service in 2015 according to our own julia boorst boorstin. >> we'll talk to gene munster in a bit, whether that will be a significant category. apple is categorizing it on the balance sheet as other products, unlike it does with the iphone and tablet. >> biggest loser at the open is keurig green mountain. the stock is really sunk at the open. >> guidance was low. keep in mind, this has been a big mover. expectations are high. we are at the end of the year. this has been a big winner. also there was a little disappointment you never want to see a cfo leave. it does appear to be a smooth transition as they find a in you one. >> you've got a high multiple name like that, you've i got a fairly narrow ability to actually meet or continue the run, one would expect. i would assume it's the guidance. >> it's less than 40, about 37 times earnings. clearly, paying a premium for this one. any small disappointment. guidance had to do with the fact they are shifting from this model of the keurig to the keurig 2.0 which they launched in the latest quarter. a little