andrew keene joins us now for chart talk to talk about linkedin. you are always looking for those parabolic stocks, and i think we found one. > > linkedin is quite amazing. they had earnings on friday. stock was off to the races. i like to use the at-the-money straddle to imply how much the option markets are implying the stock is going to move. the stock was trading around $124. i actually didn't have a position on it. i was trying to sell some bull put spreads i didn't get filled. that stock took off. it is implying a $10 move on earnings. stock took off and moved $27 to the upside. linkedin is in what i call "no man's land" up here, which means there has never been any short stepping into this stock, and also it is going to be where the buyers are going to come in. we saw recent resistance at $125. that should be support to the downside. also friday's low of $140 will become support as well. so i think linkedin can move much higher. i think it will get bought on the pullback. it doesn't have a short squeeze like green mountain and netflix, which

that's not a highly monetizable activity. >> rocky, isn't linkedin, i think i read an article where linkedin would admit this, too. isn't this a sales organization than a sales media organization, because their big business is selling for thousands of dollars a year and a subscription access to recruiters to find you and herb? >> absolutely. that's their current business but they have tremendous opportunity to help professionals become better professionals. that's part of what the linkedin product herb's product is doing, helping me become a better professional and hopefully earn more over my lifetime. if they can develop products around that to help me make more money, that's something people for. >> herb, where do you think linkedin goes. listen, i worry about evaluations, earnings growth, i worry about the size of the market. they have got a lot of people on linkedin. the stock is trading at a hefty evaluation. >> it's their to lose. they have been able to show they go from one point where people thought it was a jobs board. actually, look, i've been paying for linkedin for several years

the linkedin 1%.iewed profiles on linkedin which is actually a pretty big consideration, considering linkedin has more than 200 million users. you're right up there. >> that's great, absolutely fabulous. there are a number of 1%. i'm proud of it. a lot going on at linkedin which is kind of fascinating. >> you've been talking about it for a while. >> yes. >> i'm not on facebook but i'm on linkedin, sort of. let's dig into it a little more why it's so popular. we know herb is a fan. so is the street. stock rising. a huge quarter. all the metrics up. people spending more time on the site. it may have something to do with katy perry. let's bring in tim mchugh, equity research management. herb is also here. tim, why is linkedin doing so well and what's the katy perry relationship? >> i couldn't tell you a lot about katy perry, but, you know, they are doing very well obviously in the stock market today. the biggest encouragement was really that the growth rate stayed at a high level longer than people thoug

linkedin will be a wall garden in terms of advertising.ow fast that can grow. >> yesterday coming out with dismal numbers, stock tank, too small to note on cnbc. i think, is linkedin in winning? will they change the dynamic of the recruitment industry? >> i think they have been changing to a great degree. i think they are becoming a have-to-spend as opposed to nice-to-spend for hr groups. i think that is important with the quality of that business. the bigger question is do they fully replace all of the other recruiting funks? executive recruiters we have been talking to is a big no. particularly for c levels. and beyond the white collar executive, looking at blue collar work and i.t. folks for is a lot tougher to find that spend. >> got it. rick, thanks so much for filling us in on linkedin. >> a nice pop on the stock, guys. there we go. look that. herbalife shares up. coming off a little bit off the retrading highs. carl icahn adding two members to the board of herbalife and can own 25% of the company. i tell you, this between bill ackma

linkedin trading at new highs.re's still time to make money in the stock. business roundtable president, former governor of michigan, john engler, joins us to weigh in on debt, the sequester and the future of economic growth. and the start-up that survived the recession and is now part of an elite group of private companies valued at more than $1 billion. the ceo of evernote will tell us the secret to his company's success. >>> we'll start with linkedin. the stock trading at all-time highs, reporting fourth-quarter earnings. 81% increase in revenue. crediting the success to their talent solutions business. tom white is an analyst and can help us break it down. tom, good morning. >> good morning. >> seeing a dramatic move in the stock this morning. is this deserved? >> yeah, i think so. i think the main takeaway from the quarter is linkedin is having a lot of success, generating incremental engagement from its investors. they launched three huge products in the fourth quarter. they're finding ways to monetize them w

they are using linkedin and so are other companies out there.t's become the medium of choice for these folks. valuation stretched here, but these guys smoke earnings every quarter. just go back a couple of weeks and you'll see it. every two seconds, somebody new signs up. i can't do that math, but that's a lot of people. the momentum is still behind this stock. it works until it doesn't. i think it's going to work if awhile longer. >> guy has been dead-on on this stock, so kudos for him. where they're going to run into trouble, mel, is the fact that they've got 200 million use earls, allegedly, people that have signed up. i don't know how many accounts are dormant. only about 43 million of those accounts actually have been used from august through now. so, that has me a little worried. cap ex, they're going to have to spend a lot of money. guy talked about the extension to the upside on the valuation. valuation versus their peers is very high. and then you've got facebook, which they have to find ways to make money. this is one of the places whe

but what's surprising is that facebook is not up really in the way of linkedin. so the street's clearly making bets in terms of who's got mobile right and who doesn't have mobile right. and they'll continue to reward the winners. >> there's no comparison between the two, at least at this point. >> none at all. they've got global and mobile. i'm not just saying that because they rhyme. what linkedin is doing so well, it's also a great place for people to mine data. they go in there and look at who are the companies who are hiring, who are the companies who everybody's all of a sudden reached out and wants to friend or whatever it is on linkedin, wants to touch their friend from high school or college because that company is probably one that's going to be downsizing if all of a sudden all these people -- >> it's a great day. you can go on there and see what somebody's resume, where they've worked -- >> and they basically own the recruitment market. for anyone looking for a job, for companies looking for help, look at a chart of monster worldwide -- >> is this gree

keep an eye on linkedin today. the professional social media network shot up 10%. thanks to earnings that dealer doubled. >>> boeing stocks go higher. federal investigators have given the green light to testing of the dreamliner.

there's a deficit correlation and i want to find out from nicole where linkedin shares are opening. >asily open over 10%, 13%, it's looking higher. a company remember the ipo back in 2011 compete against monster worldwide and talking about 202 million users and it's 52 weeks over 60% and comes out with the quarter and ebay surprised even themselves and exceeded, and you used the word lackluster and i agree, it says 18 points to the upside, but look, look, the traders showed up for work, it's snowing and everybody is here, busy, we've got action for you. >> hey, wall street is like the new post office, neither rain, sleet nor snow would stop them from making the cash. >> and it's placed nicely into a new survey. 29% say the economy will never fully recover and 60% of people believe this is the new normal of underemployment, and that's what workers have to take jobs below their skill level at lower pay and with less job security because well, they're lucky to find a job and e-mac, no wonder that a cite that helps you find a job like linkedin is doing so well liz: liz: what's striking ab

beautiful job from linkedin. adam. >> yeah, that's right. beating on earnings per share. 35 cents, liz. street is expecting. revenue is up. street expecting 279.9 million. revenue from the u.s. totaled represented 62% of the total revenue in the fourth quarter of 2012. revenue from international markets, this is what a lot of people were paying attention to, 114.6 million, representing 38% of total revenue in the fourth quarter of 12. liz? liz: yeah, that's been a huge business for them. new users, 70% international back in q3. looks like the trend continues there. ashley: yeah. liz: last month it was herbalife. today it's apple. green light capital's david einhorn, a thorn in some company's sides, going after apple today, challenging the company's proposal to remove prefered stock from the company's charter. ashley: just in the last hour apple responding to einhorn. shibani joshi joining us now with the latest developments on this story. >> and the story continues and continues to heat up with apple apple doing uncharacteristic things. ther

and linkedin has better than forecasted profits for the year. advertising sales helped aol grow as well. >>> 2013 is the year of the snake. that the year of worry as well. we will tell what you you can do about it, coming up next. my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more i

there was a debate for linkedin on halftime, let's listen. >> coming out with earnings today. massive expectations. good internet stock but there are other places to put your money in terms of valuation. in terms of premium, 27% premium you pay over amazon. this thing is bloody expensive. >> well, well, well. are you nervous now? >> i think it was a really good shi shirt/tie combination that day. i certainly don't like it at this place. clearly i was wrong, membership is growing, but i think it is too expensive. >> you're ignoring the mobile strategy. mobile strategy is killing it right now. >> global and mole. all about global and mobile. >> yes. didn't get to talk about another one, zillow. >> linkedin, with social media networks and companies, it is not for me because of the multiple, though simon, it makes me want to look at it more. >> on facebook, it is trading at a lot less multiple and a great user face. >> look at amazon. >> don't fight on valentine's. >> amazon and linkedin. you have to go along amazon. >> linkedin. >> thank you. >> all right. trades to fall in love

sending out stacks of resumes may be less fruitful than updating your linkedin page. prospective employers may be looking for you and you don't even know it. "if i'm recruiting an rn with case management experience, i'm going to go to indeed, linkedin, and some of the professional association sites and job boards." an encouraging sign for hiring, nationwide, layoffs in january were among the lowest in 20 years. john challenger of outplacement firm challenger gray and christmas says it suggests that the economy is heading upward in the early part of the year. we won't have to worry about the debt ceiling for a few months. the senate approved a bill yesterday for a short-term suspension of the debt limit until may 19th, easing fears of a government default. the president is expected to sign it soon. the bill also includes an incentive for lawmakers to create a budget by april 15th - or go without pay. mortgage rates are on the rise. according to freddie mac, 30- year rates surpassed 3.5% for the first time in nearly four months. the average 30-year fixed rose to 3.53%,

stay tuned for earnings of linkedin and hasbro and jim rogers, what's he buying these days?he second hour of "closing bell." >>> and it is 4:00 on wall street. do you know where your money is? hi, everybody. welcome back to the "closing bell." i'm maria bartiromo. stocks paring steep losses. see how we're settling out on the day. the dow industrials down 34 points. the finished today. nasdaq down about 3.33. as you can see virtually coming back from the lows of earlier in the day. s&p 500, they are down three points at 1509. has the rally finally come to a halt. many have been calling for a pullback in this market including our next guest, nathan bachrach. jim le camp and jeff cox. thanks for joining us. >> ben pace, let me kick this off with you. seeing the declines in the market and seeing a slow creep lower. do you think this is the start of something bigger? >> it could be, maria. what you have though is a market so many people are looking for selloffs and a lot of cash still on the sidelines that when it comes down at the beginning of the day that last hour, last two ho

i don't think anything of linkedin is monetized by mobile.ss for them and different for facebook. both companies have something very unique. they have a global network effect that crosses borders. very few businesses have a global network effect. it's a pseudomonopoly. i was always taught on my days on wall street you're you never short a leader. >> i'm glad bill brought this up. they figured out global and mobile. facebook global obviously but mobile is the question. >> that's not really the question. as bill just pointed out, facebook has a billion users. they didn't really focus on making money off those users until after they came public. they just started mobile a few quarters ago, just got into gifting and got them into e-commerce. we know how big that can be with amazon and started social search and we know how big that is thanks to google. you won't get off facebook. if your friends are on facebook, you're staying there. and it has an ad revenue stream like google and amazon in the early days. >> you heard them make their cases as wel

linkedin's stock has nearly tripled from its ipo price of $45 and that could be a highlight in trading arron afflalo really a lackluster day for -- in trading after really a lackluster day on wall street. checking the numbers for you. the dow industrial fell 42 points in trading yesterday. the nasdaq slipped by 3 and the s&p 500 down by almost 3. >>> americans took out more student and auto loans in december but they also cut back sharply on their credit card use. the drop may reflect consumers' worries about tax increases which took effect this year. the federal reserve says total consumer borrowing rose to $2.78 trillion. that's actually the highest level on record. >>> thetive rest is cracking down on -- irs is cracking down on id theft and tax fraud. last month the agency identified nearly 400 theft suspects including 109 who were arrested. florida tops the nation in identity theft complaints. high risk cities include miami and tampa. something to keep in mind. >>> americans are getting a little stingy when it comes to buying for their sweetheart this year. a new survey found 62% o

linkedin. that's thrown in. a long-term winner and groupon remains in the dog house as do some of the shooting stars of the byegone era. and the odds favor losing, and remember you are in a much better position than that of a mutual fund, don't have to buy a lot of stock to be sure you have enough shares. you can pick and choose, providing you do enough business with a full service broker. in the aftermarket, wait until you get a reasonable entry price and performance details before coming in. like with facebook in the fall of 2012. when everyone feared there would be a ton of insider selling when the company got religion about going mobile, that was the moment to buy, not sell. the weakest hands were already gone and the knowledgeable people stepped in to buy. same thing with raucous, the wi-fi company, after it broke the print, or the initial ipo price. ipos can be a great way to make mad money, but if you are not in the know, it he can be a very treacherous path. remember, the big guys don't necessarily have

a gain of 22% right now, for linkedin. back to you. ashley: linkedin and popped up.ith you in 15 minutes. tracy: on deck the real story on real estate. the government is suing s&p for $5 billion over its mortgage ratings. josh rosner was one of the first to say those ratings were not up to snuff. he is our special guest next. ashley: first, look at the u.s. dollar. how is it moving today. the euro is down against pound. down against the dollar. but the pound gaining a little ground. we'll be right back. my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. [ male announcer ] how could switchgrass in argentina, change engineering in dubai, alum

. >>> coming up next, linkedin making a monster move. bring you the latest developments, plus, online shop-a-holics beware. we've got a special report on the new way retailers are making money by tracking your every move on the internet. >>> and later on, one auto stock tops the tape today, but should you ride along with this rally? much more "fast" straight ahead. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. all on thinkorswim. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ [ engine turns over ] [ male announcer

keep an eye on linkedin today. the professional social media network shot up 10%. thanks to earnings that dealer doubled. >>> boeing stocks go higher. federal investigators have given the green light to testing of the dreamliner. >>> we'll see how apple fared day after. david iron horn called the company out for the bailout of cash. apple said it's consider the proposal of shares. they could build a stack of dollar bills. 9,000 miles high. they could foot the country's education bill for two years. they could give every apple employee a $1.7 million bonus. or better yet, give every american a check for $437. >>> back to the real world where hewlett-packard is following in apple's footsteps and posing new limits on the students and temporary workers in their china factory. >>> and bank of america got in on this, winter storm. >>> and the blue brew is bringing it back to the singer aisle with justin timber lack. >>> and if david beckham hasn't claimed he did all the stunts for his new h & m underwear commercial, we wouldn't have to show it to you. but he did say he l

. >> another tech company linkedin is up 21 percent on friday, above $150, and they could be now have a new record high after the earning report where the company exceeded forecasts, they are the most successful social media stock on the market tripling a share from when it launches in may of 2011. >> we have new details of the possible merger between american airlines and us airways. reuters reports the $11 billion deal will be announced with terms finalized but the chief is expected to become c.e.o. of the new airline with boards meeting to vote. but the negotiations could still fall apart and the new airline would keep the american airlines name. >> former congresswoman gabrielle giffords will attend the state of the union address and the guest of representative who replaced her in congress. this is video of girlfriend girlfriend speaking last month after the senate judiciary committee hearing on gun violence. over the weekend, she wrote a facebook post of the tomorrow's state of the union and wrote she will be listening to what the president has to say about gun violence. you can

the silicon valley looks like that, and shares of linkedin arrest active with better profit in sales because of growing base. a price of a chocolate kiss expected to go up next valentine's day, 2014. friday is the best day to list your market, those homes sell at a higher rice and faster than those sold on any other day of the week. live from the new york stock exchange for bloomberg news. >> thank you. awe do have breaking news regarding traffic on the bay bridge, perhaps that explains why you see very few cars. maybe there is a block of traffic on the westbound side. >> it is on the western side of treasure island, a motorcycle down. this is the incline, just inching along now on the upper deck moving toward the tunnel. what happens a motorcycle was going along, a truck in front of it dropped debris and the motorcycle it hit. the motorcycle is down. the truck that had the debris is blocking a lane. they are waiting for the ambulance to arrive. there is the bay bridge commute. take bart if you are traveling into san francisco. this will be a while. here is what it looks like. meteri

linkedin has consistently delivered. it's beaten earnings expectations every single quarter since becoming an ipo. >> since mid-november right after the election, i want to ask the question that 11% increase in the s&p 500, i want to be fair and balanced. i've gotten tweets about this and e-mails. is this the obama stock market rally? the obama reelection stock market rally? i get tweets, e-mails. people say, kudlow, you're not being honest. i'm going to do it. go ahead. >> i think stocks are depressed, if you look at what's happened to the price/earnings ratio, it's gone down. stocks are depressed, larry. >> but they're up -- >> not adjusted for inflation. >> there is no inflation. >> those cpi numbers a gimmick. they don't count price increase because the technology improved in a product, they don't incorporate health care in the cpi. >> i'm looking under the drawer, i'm looking under the waste paper basket, i hear about this inflation. the price of goal has fallen $350. abigail doolittle, fair and balanced, since the

daniel day lewis and earned a record third best dactor oscar for linkedin. the silver line its playbook's jennifer lawrence was the best actress. she had trouble making it to the stage. she is still getting accustomed to the limelight. >> you've got a fan here. >> anne hathaway 14 supporting actress. supporting actor went to christoph waltz for "django unchained". life of pi received four awards including one for the director. the show featured a james bond tribute. this celebration of movie music with past oscar winners like jennifer hudson. and seth macfarlane as the host for the first time. the reviews on his performance are wide-ranging. what may matter most is the ratings. early indications showed they are up. abc news reporting. >> there was plenty of talk about last night's fashions in hollywood. no one aboard better than sean fine, wearing his rgiii stocks on the red carpet. he was nominated for his documentary ""inocente." these are the inspirational rgiii stocks. that's rgiii's adopted a slogan that you see on the socks. that's a statement for the

earnings reports are out from disney, bp and technology companies, yelp and linkedin.off in new york city. on friday, we'll find out if the u.s. is importing or exporting more trade or goods. next week, paul krugman will be here. keep it right here where we are, on the money. have a great

. ♪ dennis: it has become a sort of linkedin for teachers.that connects more than 2 million teachers worldwide. many signing off as paying members. it is like a century-old, based in the uk. we have the ceo with us now. thank you for being with us, louise. you have been doing this around the world and back in december, you come into the u.s. how many teachers have signed up? >> we now have 200,000 teachers in the u.s. it lets them say share resources. they put it on a platform and they can download it. teachers are sharing it not just in the states, but across the world. dennis: you have kind of an unexpected partner in this "share my lesson" venture. how did that come about and do they get any kind of financial cut in this? >> it is a proper 5050 joint venturer. i was the only person who ran her up. we talked for a while. she said that teachers in the u.s. really needed the service. we decided to do it together. she is our best partner. dennis: they actually have 50% ownership? >> absolutely. dennis: you let these teachers, on free of charge

keep an eye on linkedin today. the professional social media network shot up 10%. thanks to earnings that nearly doubled. >>> boeing stocks go higher. federal investigators have given the green light to testing of the 787 dreamliner. officials are still investing the jet's battery problem. >>> we'll see how apple fared day after green light capital david einhorn called the company out for it's stockpile of cash. apple said it's considering the proposal of shares. they could build a stack of dollar bills. 9,000 miles high. they could foot the country's education bill for two years. they could give every apple employee a $1.7 million bonus. or better yet, give every american a check for $437. >> david beckham hadn't claimed he did all the stunts for his commercial we wouldn't have to show you. but since he said he did. the verdict is 37-year-old beck did use a butt double. tough research. >>> check this out. a two lane plow. plus no snowstorm can stop the madness of the most pampered pooches on the planet. the dog show comes to new york. you're watching the ear"early

analyst downgrading linkedin to market perform with a price target of 145 bucks.investors are buyers. that stock up about 4% right now. back to you guys. >> thank you very much, josh. >> time for outrage of the day. new study showing the sec's revolving door with wall street may be spending more out of control. scott cohen here to explain. >> outraged. we will talk about this. this is a new study from nonprofit coverage on oversight. saying wall street is getting stuck in the resolving door. organization looking at at ten years of disclosure act. finding about 400 employees filed nearly 2,000 time over the years and a couple were filing within two days of leaving the sec. and keep in mind letters are only required for first two years. so the tip of the iceberg. as the agency prepares to install a former prosecutor turned white collar defense lawyer mary jo white and leaving for private sector sec official is going easy on wall street because they might want to work there some day. sec spokesman told researchers matters are decided on their merits. and and while th

. >> linkedin was the survivor and now the deliver.is a great site. >> great piece in the times this morning. journal. >> linkedin, they would come on tv, they had a very definitive look at what was gonna be good. linkedin rallies. i was very suspicious initially. what a wrong call by me. they have it going. jc penney lost a snowball, linkedin rallies, caesar's cash in, another one, david, you love. one one page of the "wall street journal," everything you need to know. >> they will be glad hear you say that. >> why not? >> nice, good paper. i used to work there >>> when we come back, two straight days of triple digit gapes what is the best way to ride the bullish momentum? take a ride with cramer, his mad dash next. >>> a little indecision creeping in here, a heck of a session no matter what happens. "squawk on the street" from the nyse straight ahead. with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluat

what is it now a 21% move for linkedin? >>

. >> reporter: according to his linkedin page, basham has 30 years of engineering experience. we are going to hear today from the man the threat was allegedly targeting, state senator leland yee who brought forth a controversial bill regarding an assault weapons ban. he is having a press conference this morning. we are expecting more officers here at 7:30 this morning to continue the search. now, coming up in the next half hour, you're going to hear about an interesting endorsement for basham from steve wozniak of all people. so stay tuned for that. right now live in santa clara, anne makovec, kpix 5. >> thank yo. >>> southern california authorities say their manhunt for christopher dorner is over. he is believed to have died in a fire tuesday. meanwhile a couple has come forward to say they found dorner in their condo on tuesday. >> hollered stay calm. karen screamed and turned and started running. he ran after her and he caught her about the door -- >> on the staircase. >> on the staircase and brought her back. >> that couple was tied up and they say that they thought dorner

. >> if we were connected on linkedin i would endorse you all night long. >> there are some innuendos tablet in your pocket or are you -- oh. it's an ipad. >> but i think very less offensive than, i don't know, your standard -- that's a nice dress. it would look better on my floor. >> right. >> i think you would much rather hear somebody say i'll unzip your file. >> are you google because you have everything i'm searching for. >> good one. >> to check out these nerdy pick-up lines for yourself head to our facebook page, facebo facebook.com/rightthisminute and post your own nerdy pick-up line. >> all right. everybody, let's give away an ipad mini. >> you need thursday's buzzword and have to be 18 or older to enter. >> when we give you thursday's buzzword head over to our facebook page. if you use a tablet or mobile device go to the first post on our facebook page and tap on that mobile link. >> let's do this thing. the thursday buzzword is jacket. head over to facebook.com/rightthisminute and click on the win an ipad mini button. >> enter thursday's buzzword jacket, that's jack-a-c-k-e

. >> reporter: according to his linkedin page, he has 30 years engineering experience with stints at hp and has done classified government projects. he holds five patents. back in 2010 amoco founder wrote an enforcement saying he is one of the most skilled engineers i have ever met. everett is never dull. that keeps the res of us inspired. investigators say it was too risky to move those devices. tomorrow they'll bring one of those giant bomb containment spheres. the chp will guard this property overnight. crews will be back at 7:30 in the morning. >> senator yee is no stranger to threats. this was serious enough for him to call the chp. allen martin looks at why in guy may have had a grudge. >> reporter: a loophole in california's assault weapons ban. after watching our report the senator wrote a bill to close that loophole and that upset a lot of gun owners. it's known as a bullet button. a device that makes ar-15 rifles legal in california. it allows you quickly detach a magazine, even though under california law detachable magazines in combination with other features are illegal.

. >> reporter: according to his linkedin page, basham has 30 years of engineering experience. now, we are going to hear later on this morning from the man that threat was allegedly targeting, state senator leland yee who brought forward a controversial bill to close a loophole in california's assault weapons ban. that may have upset basham and yee is holding a press conference at this office this morning. so we are expecting more officers here this morning. now, coming up in the next half hour, we are going to hear a very unusual endorsement for basham from somebody you might not expect steve wozniak of apple fame. for now live from the scene in santa clara, anne makovec, kpix 5. >>> the debate over drones in alameda county takes center stage today. the board of supervisors is considering a sheriff's department plan to use an unarmed remote-controlled aircraft. the drones would only be used in specific situations like hostage crises, searches and bomb threats. aclu worked with the sheriff's department on the guidelines but still opposes that program. >>> government report conf

linkedin stock is taking off this morning at 17% after the opening bell.ut there. numbers up on the trade data. dow up 43. close to 14,000 again. nasdaq up 23. s&p up by 6. back to you. >> thank you, jason brooks. >>> the lone star state makes a pitch for workers in california and we are counting down to the opening of the new east span of the bay bridge and kpix 5 political insider phil matier with former mayor willie brown joins us now on this friday. mayor brown we kick it off with you. what took so long? will the bridge open on time? [ laughter ] >> what you caught him on, frank, is what took so long? because the long and short of it you're looking at half of what took so long to get that bridge made. >> it's doubly fun that we have the footage for jerry brown hitting the button to signal the countdown and up there as governor now celebrating the idea that this bridge is going to be completed. but when this thing first came out, you have to understand that jerry brown and the over brown here fought tooth and nail about it. >> it was the location of the

linkedin has been consistently growing all three business lines, quite a sharp contrast to groupon. i will pick it up. macy's not here today, julia. let's see where we are on the markets. new a session high. and we are inching closer to the 14,164 all-time high on the d n rick santelli is live from the cme. hi, we always seem to link up, we meaning the fixed markets, to the dow. it doesn't matter. if you're a day trader, all that matters is you look at the chart of tens or two day chart of tens, unchanged on the day at 190. were lower, coming up and the reason we're coming up is, as simon pointed out, oi tn the hi of the equity session. look at euro versus the dollar. this is fascinating. it is about ready to test some of the lowest levels since it traded back up at 137.20. seems like a long time ago but it wasn't. this is a very interesting pattern. open up to early december. technicians are watching this. looks like lower you could see technically related selling and last chart, let's look at mirror image. if you look at dollar index while that's going on in the euro, you're about

the man who died has been identified as 68-year-old harry holzhauer from oregon, his linkedin account showed he is a realtor that specialized in litigation support. it's a devastating loss, he was a charming man and well respected in his field. the owner of the boat the only other person aboard is inity hospital, investigators were able to talk to him. >> he was, he was able to tell us, basically what happened. he was not the one driving the boat. mr. holzhauer who passed away was the driver. the friend was able to tell us what he can remember from the incident. >> reporter: the coast guard will only identify the boat's owner of a california man. as for the 500 aboard the ferry that day. none were injured. the crew has been drug tested and tested for chol as well and have returned to work save for the captain who is on paid administra administrateive leave pending the investigation of the coast guard. the ferry is back in service today. nbc bay area news. >> thank you, just in the newsroom, we have the autopsy results of the petaluma teenager who died of hypothermia, she had meth and

. >>> linkedin's earnings and revenue are still on a hot streak.er earnings beat expectations. linkedin's stock price tripled from its initial public offering price of $45 back in 2011. >>> and green light capital a major investor in apple is suing the computermaker for stockpiling cash. apple has about $137 billion in cash. green light wants the money to be begin to shareholders. apple's stock has loves 35% of its value since september due to slow gross. apple's stock has lost 35% of its value since september due to slow growth. >> still not bad. >>> valentine's day is next week and i guess americans are getting stingy. >> reporter: yeah. i don't know where the love went, frank. but a new survey found that 62% of shoppers, they plan to spend up to $100 on valentine's day. that's a decrease from 68% just last year. 69% say they will buy gifts from a store but more than a third are going to spend money on a night out. i'm not a big valentine's person. i always forget and have to run upstairs to my son's room and make a card for my husband and then t

linkedin posting better than expected quarterly profits. looking for some cheap and its chairman, get out the popcorn. hundreds of full-length feature films available on youtube including disney movies generating hundreds of millions of viewers. media companies have not been using youtube content to block them but some were removed. at the new york stock exchange, i'm jane king, bloomberg news, for wbal-tv 11 news. >> now insta-weather plus and traffic pulse 11 together. >> the raider is a big deal of this morning -- the radar is a big deal this morning. we could see some sleet mixing in. temperatures near the freezing point around frederick. the forecast around the state calls for temperatures around 40 . all rain from baltimore on south. it wintry mix coming into the picture until 10:00 a.m. or 11:00 a.m. and that is mostly north of us. >> it is early and volume is on the light side. give yourself some extra time. 11 minutes on the north side. 12 minutes on the west side. call early if you're traveling north this morning. seven minutes fr

all leave it linkedin's divisions performed better than expected.e saw talent solutions, the hr recruiting tool. revenue grew 90% year over year. marketing solutions up 68% and now a quick note about the guidance. the quick one revenue dresser. the company projects the full-year 2014 guidance, revenues are lighter. time and time again the company beats expectations. back over to you. >> forget about snowpocalypse heading to the northeast, after-the-bell earnings out now. let's get over to josh lipton. >> reporter: we want to begin with coinstar. remember, that stock already down 10% over the past 12 month. it's now getting shredded in after hours. coinstar is falling, beat on the bottom line but missed on the top line and coinstar you see getting punished in the after hours. another one to watch is act vision, a different story, beats on the top and bottom line. act vision providing first-quarter revenue guidance above estimates, and can you see that stock popping. the final one. hasbro beats by a penny on the bottom line and maeches on revenue. >>

linkedin talent solution segment saw a 90% rise in shaels. the company showed an upbeat outlook for the year ahead. shares up 10% in after hours. up 9.8% in frankfurt. >> a success story following an ipo. are you on linkedin? not just yet. are you reluctant to give out that information? >> there is a name associated with me, but i never do anything with it. >> i'm sort of the same way. >> mcgraw-hill's credit ratings could set them down further due to the lawsuit filed this week by the government against its standard & poors unit. and they say the justice department in several states are weighing similar action against moody's. any such move will likely wait until the s&p suit makes its way through court. authorities moved first against s&p because the paper trail is stronger than with moody's. taking a loot shares, mcgraw-hill down 1% this morning. moody's is up slightly. those comments trying to deflect criticism that it went after s&p because s&p downgraded the u.s. >> tit for tat. >> absolutely. >>> usain bolt could be ready to end its br

linkedin leap! shares were up 11% at one point after the close last night. the social media site's profits were well above wall street expectations. 202 million members have signed on, up 39% from a year ago. many are job hunters. coinstar, on the other hand, fell up to 10% on a weak forecast. lance armstrong lawsuit: the disgraced cyclist is being sued for $12 million in prize money from the tour de france. and, despite the new snow and rain, a new report shows severe drought conditions are expanding in key farm states. todd horwitz of the adam mesh group joins us for trader talk this morning. they are calling it "snowmageddon" in the northeast, with the big blanket of snow. will that affect trading volumes today? > > good morning. you know, i don't think so. with today's electronic trade, we can trade from anywhere. so you will have people trading from home, they will be trading from their cars stuck in the snow, they will trade from everywhere. the volume has already been so low that i don't think much more can affect it to make it much lower unless it's

earnings reports are out from disney, bp and technology companies yelp and linkedin, among others. >>nday, the president will submit piece budget for 2013 to congress. and on thursday the fall fashion week kicks off in new york city. on friday we'll find out if the u.s. is importing or exporting more goods with the ball loons of trade released. that will do it for today. my guests next week, paul krugman will be here. each week keep it right here where we are "on the money." have a great week, everybody. i'll see you next weekend. >> this weekend on "extra." the super bowl's haul of shamer, dan marino's secret love child hogs the big game. his interview hours before it blew up on the press page. >> you are a happily married father of six. >> the america's next top model star whose face was crushed in a freak accident. she got plastic surgery and we've got the big reveal today. it's j lonch. i'm all in for our exclusive sit down with jennifer lopez in vegas. >> i wanted to double down again. >> the superstar opening up about her new film role that helped heal here part. and could there

linkedin shares surged after hours, jumping over $12 or 11% from its closing price of $124 a share. the stock went public in 2011 at $45 a share. >> tom: shares of the world's largest video game publisher gained some ground after the close on the back of better than expected quarterly results. on an adjusted basis, activision blizzard earned $0.78 a share, that's $0.06 better than what analysts were expecting. sales were also higher than the year ago period. and, after three down years, the gaming industry is expected to grow 9% this year to nearly $80 billion. ruben ramirez reports on the reasons why there is renewed enthusiasm in the sector. >> reporter: for the first time in years, video game stocks are catching the eye of investors. >> reporter: two of the big three, electronic arts and take two interactive, have seen big stock rallies in the past six months. analysts say interest is likely to continue gaining momentum throughout the year, and the laggard of the trio, activision is back in the game. activision is the company behind the call of duty franchise, and, more recently,

earnings reports are out from disney, bp and technology companies yelp and linkedin, among others. >>nday, the president will submit piece budget for 2013 to congress. and on thursday the fall fashion weweek kicks off in new york ci. on friday we'll find out if the u.s. is importing or exporting more goods with the ball loons of trade released. that will do it for today. my guests next week, paul krugman will be here. each week keep it right here where we are "on the money." have a great week, everybody. i'll see you next weekend.