liz: okay.o -- >> caller: this is not a -- this is not a private equity deal. it has certain things that make it look like it, but it's not a private equity deal. this is an operational business deal. liz: no discussion about shining it up and then flipping it back to being publicly traded? >> caller: no way that i would -- we are putting some money in it, but not taking money out. liz: okay. i figured that's not the way you do business. >> caller: no, no. liz: again, obviously, people talked about it, it's not the first time you've been in food. you bought shares of kraft, and critical of them for selling the pizza business to buy cadbury. are you as critical in retrospect? >> caller: i won't dig that up, but i was not happy about the deal when they bought cadbury, but that's in the past. you know, we'll focus on heinz going forward. liz: focus on heinz is the food company. >> caller: you bet. liz: speaking of what's in the past and future k looking at the economy right now, i all look at you a

liz: adam? >> there is -- that is a fact that r remittance is a major pat of the economy it is a good thing for their country and our country as well, if i could add, to say that the united states is not poke its nose in two country legislation every day would be more than a little bit naive. liz: the question was immigration, i hear what you are saying, the question was immigration. >> that is the topic, not so what. >> look you know if illegal, in mexico, you go to mexico they get treated badly, i think they have no business telling americans what to do on this issue. >> not to mention, they don't care how this is affecting our citizens, economically, they are on their a coming here living off our welfare system, not paying taxes and sending money back home we deal with this within our national debt we pay off this debt. liz: i hear what you say, they do many get social security taxes detected and they pay sales tax, adam. >> they make a huge -- the immigrants that we're talking about legal an

liz? liz: i have to mention that we have the transports down two-thirds of a percent at the moment, and you got loyal. that is also lower. we had a very strong dollar on the news overnight there were concerns about europe. questions about all kinds of controversy in both spain and possibly italy. a lot of it political related. david: to be down about 4% today, 4% or 5%. apple is also down, apple stock falling again well over 2%, while some say dump it, apple's the number one holding in the william blair growth fund and the fund manager of the fund says he's sticking with apple stock. he'll be here to tell us why apple is coming back. liz: our own charlie has been reporting a deal for a leveraged buy out of dell could be announce the as early as this week. guess who could be in on it? microsoft could pay a few billion for a piece of this action. we have an analyst saying this is actually good for microsoft, and you, the shareholder, he'll be here to tell us why. daiched daifd before -- davi

liz: slight problem. >> yes. liz: charlie, thank you very much, are you done? >> done. liz: okay.losing bill bringing in 50 minutes. you might care if there's no budget, but acting like a budget is miles away. this, as the president does not have a budget to present yet. he might not have bun until the beginning of march, but the cbo says we might really need one and soon. why? details from the nation's capitol as "countdown to the closing bell" continues. don't move. ♪ investor. yeah, i'm a serious investor but i'm a busy guy. it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional investors chooseshares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. liz: that's a lot of lipstick. revlon soaring after a stron

liz: what a week.y, hienz stock, and warren buffet and 3g at 72.50 a share is at 72.25 a share. trading just slightly lower for hins, but he's the ketchup man. closing bell ringing in about 29 minutes. what a wall street debut, shares of zoom, with an x, what has investors lathered up? the business model of money transferring over the internet for something more? zoom's ceo is in studio with us next. ♪ [ male announcer ] i've seen incredib things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ ♪ >> i'm lauren simonetti. delta backed off four dollars to ten dollars per round trip ticket announcing the price hike wednesday, but a delta spokesman says they backedded off because no other airlines matched it. consumer optimism up in three months, consumer

liz: perfect segue.had you throw a chunk of money in the simple index fund on autopilot you feel pretty darn well because the market is near five year highs. should it now involves an active manager? my next guest is one, hedge fund manager who says his active ideal for photo would be 20 long and 20 short positions. right now he is so alleged he has 90 long and 40 short. going long for the steady eddie. joining me now in a fox business exclusive from chicago. why so bullish? speak of that is pretty much our standard position, we tend to be 90 long, 40-50 short. liz: what do you see for all those names you are one? >> it is a consultative market, the sox are quantitatively inexpensive based on interest rates especially, however the market is understandably pricing and a lot of risk in the market so we don't believe the market should trade at the valuations implied interest rates and we believe it is such ultimately the collapse of make a huge error, and the risk is still very high in the marketplace but i

liz: good afternoon everybody. i'm liz claman. happy president's day. yes, the u.s. markets are closed, but we are open for business. and good thing at that, breaking news in just the last hour and a half, the "wall street journal" reporting that office max and office depot are in talks to merge. sources say the talks are fluid, could still fall apart, but an announcement could come as early as this week. office depot is the bigger of the two with a market value of about 1.3 billion dollars. while office max, about 933 million dollars. both have pretty much skyrocketed over the second half of last year. now, according to sources, the deal is expected to be stock for stock exchange. the possible merger could help the two office supply retailers team up against the 800 pound gorilla in the group, staples. would the deal get regulatory approval is a very important question because you may remember an attempt by staples and office depot to merge was blocked back in 1997 by the federal trade commission. but now growing competition with other chain stores and on-line retai

liz: you are right.me we see a fall, it's 60, 100 points, nothing like a full percentage. >> that's right. liz: taken off the dow or s&p for example. you are saying these will be shallow pullbacks. >> that's right. all the fundamentals are coming in strong. i think six months from now, unemployment will be lower. then we will be starting to worry about whether we're going to hit the 6.5% number and whether or not then we have to worry about a pullback in qe 3. we're not there yet. the market has a lot of fundamental reasons to keep running. and if you are waiting for the market to go down for a percent, i'm afraid you might wait too long and miss the whole thing. liz: i would agree. i mean people were scared a year ago february. they're scared now. there are going to always be a million reasons that there might be a negative pullback of some sort. but the fact is that you talk about six months out unemployment will probably be lower. the trend, everybody should look at the trend. so right now let's say t

nicole: hey, liz.take a look here at facebook which is tacking on to the losses of friday as you noted. down almost 5% here. down $1.41, at 28.32, below the $30. quarterly report, couple of things in the 2012-10k filing, facebook noted that its pc -- the computer daily active users actually declined modestly in the fourth quarter. however they did see a shift to mobile which is what a lot of people had obviously invested in facebook for, mobile ad revenue, mobile growth which they are seeing. that rose 5% quarter over quarter. they also mentioned 27 million users for daily active users, and they relied on facebook payments which has not yet extended to mobile. certainly, they certainly have the users and the presence and mobile ad growth. yet, they are still coming under pressure. they didn't necessarily meet all the numbers that wall street had been hoping for. back to you. liz: well, maybe the baby horse will get everybody back. did you cry? i cried at the budweiser baby horse. nicole: i cry every ti

liz: okay. guys, and i would like to point out too, with a very strong dollar, i was over earlier in the soybean oil pits and they were down 100. you know, they are looking at that and they are saying that's very much because we have the stronger dollar. you can't lose that sight because that definitely is something that affects all of these markets even here in chicago. thank you very much guys. it is great to see you. we appreciate it. >> thank you. liz: okay, so when you look at the world's largest floor of the world's largest futures exchange, you got to wonder, how it all really began. i've got the guy right here. he's chairman emerrtus of the cme. great to see you. >> my pleasure to be here. liz: i'm dying to know exactly what you think of the trades these days and what the options market is telling us, the message of the options market. >> well, i'm going to tell you that we suddenly got volatility all over the place because everybody's -- i won't say we're in a precarious situation in th

>> hi, ashley, hi liz. what it tells me the stocks both anticipated, a mean that anticipated a much better number why selling off very heavily after the close the revenue miss is a bad sign for them. coinstar was unsided. it looked to be the split decision because the charts were telling us that they couldn't figure out where it was going to go. the miss wasn't surprising. that would also look to be selling off. liz: talk about the sense in the market and certainly in the pits there about the fact that these selloffs are nothing too dramatic. in fact they're rather shallow. >> yeah. when you look what's going on the market is a in a big consolidation pattern. if we look at s&p we see a solid top 1510 in the future. 1515 in the cash and solid bottom at 1490 in the future, 1494 in the cash. right now the market is trying to make up its mind. we have a real lack of volume and lack of conviction here. the market is poised. the trend is still higher. to fight the overall trend is hard here. what you have to watc

liz: two has it more difficult? >> much more difficult to trade in equities. liz: i do bonds.try. thank you. good to see all of you. so if you watch that state of the union last night, president obama made a push for american job creation through big infrastructure. he says that will strengthen the economy. in his speech he specifically mentioned several companies by name, not all of them american. one industrial german conglomerate with a big footprint in the u.s. listen. >> ask any ceo whether whether located higher, a country with deteriorating roads and bridges or one with high-speed rail and internet, high-tech schools, self healing power grids, the ceo of siemens america, a company that brought hundreds of the johnston of carolina said that if we upgrade our infrastructure he will bring even more jobs and that is the attitude of a lot of companies all around the world. liz: here in a fox business exclusive is the ceo and president of siemens usa. it is so nice to have you here. first, get your impression of what he says your company name, obviously you guys are a big gas

liz? liz: these guys are incredible. the stocks hit 52-week high over the past two years now, and on top of it, i don't think anyone's bleeding for the insurance industry because they raise rates for the past 30 years, way before obamacare. i wonder if it's time for them to pay the piper at some point and endure what the reality is and bring costs down, peter. >> well, they acknowledged that they're not as popular as used car salesmen. liz: ha-ha, okay, at least they are not in denial. thank you very much, peter bans. >> okay, liz. liz: closing bell ringing in 52 minutes, and nasdaq has a new option to the options business. investors can buy and sell options on u.s. treasuries. if you think rates skyrocket or fall, use a derivative, but can using a derivative to hedge interest rate risk or take a directional bet on where rates are headed make you money? coming up, nasdaq's executive vice president on a fox business exclusive telling us how these brand new options hitting the tapes today work. it's coming up next just par

liz: happy friday everybody. i'm liz claman. countdown to the closing bell just one hour left of trading for the week. in the middle of a northeastern storm, got a little sunshine down on stocks, percolating higher at their best levels in more than five years. volume is a little bit light here. nonetheless, let's take a look. we do have the dow moving up today. right now up 40 points. the nasdaq better by 27. the s&p 500 up 7 and 2/3 points. both the nasdaq and s&p on track for six consecutive weeks of gains. will it happen? we will be watching the levels very closely. let's flip it over to apple. it moves higher by nearly 2% from yesterday when the tech giant said its board would consider returning more cash to shareholders. some of them stirring the pot with complaints and lawsuit threats about all kinds of issues, but the pressure is on. the belief certainly that apple might relate to some of these shareholders who are complaining, green light capital. the stock is moving higher by $9.45. micro chip technology gain of $2.53 m

liz: nols texas has? aggressive laws that stop frivolous lawsuits and doctors love it. >> consistently ranked number one or number two in the country for tort reform. the ability to sue, corporations money have to put aside for litigation, lawsuits. liz: the governor has put through laws to stop frivolous lawsuits. >> they want to be their own country. they can protect themselves because the state laws are very strict regarding lawsuits. the state creates an environment where they have some of the best job growth of any state in the country. liz: this is about how texas runs its biness as a state. texas meets every other year. >> the fewest amount of days they work of a legislatur any ln the country. i think it would be a blueprint for washington here. lower taxes, lower legal costs for corporations, lower tax rates, create a friendly environment and job growth is amazing. liz: we have all sorts of reform movement, estate tax reform working out, leopard experiments, at the same time governor jerry brown s

liz: so easy now.ld i need to walk into a store front anymore if i have the smart phone, i've got your website, and i say, for example, have the partnership you struck with erikson which is new. >> it is new. people have different needs. some love to use cash to go to a location, to talk to the people in their language, some use their iphone, others like ipads, some like their pc. we're seeing it anywhere, any time, anyhow, and that's making us competitive. liz: okay. the pricing. the money grams of the world, western union, xoom. they are completely online. they don't have store fronts, and we put up the prices. you're a little bit higher, by a penny, really, but tell me why. what do i get using western union over the other guys at a lower price? >> i think our brand really deserves a premium. customers love us. they like us. i tell you why. because we are in r5 00,000 locations in 200 countries. we are not saying no to a customer. liz: let me point out afghanistan, i can send money to afghanistan, ta

liz: markets love. back to nicole on the accelerated losses. >> when i think about that and talk to the traders, as soon as the minutes broke, we saw the dollar beginning to rally even more so. the ten year yield accelerate, and we've seen gold selling off. we continue to sell off and the vix higher as well. david: talk about gold specifically, down $40, obviously, as a result of what happened at the fed, but there was also news about inflation. inflation picking up a little bit, and that worried people a bit. bottom line is gold went down and gold stocks with it. >> right, and all of those factors are exactly correct, dave, and i would also add in south africa where they have labor problems and some say those are overblown, but others say, no, that stock, for example, down 7%. liz: high end lek try car maker tesla going to report earnings, stock down 10%, but we're waiting for the numbers. >> one to watch. may city's sells off on the battle to martha stewart. liz: bells clang on wall street, and in jus

liz: okay. we've heard that. we'll see. first, what drove the markets in today's data download. a mixed day, but more green than red in the last couple minutes here. nasdaq snapped a two-day losing streak, and s&p 500 eking out gains, but dow unable to maintain yesterday's momentum. falling into the red, industrials and materials were today's top performing sectors, and telecom and financials lagged. metals, platinum driving higher, widening the premium to gold to a 17-month high, renewed concerns that supplies will shrink boosting the metal 12.50 # an ops after a $21 jump yesterday for platinum. platinum used in the auto industry, not just for earrings anymore. retail sales growth slowing in january as higher taxes and gasoline prices did hurt spending. the commerce department reporting retail sales edged up a tenth of a percent following a half percent gain in december. ashley: i left the earrings at home. joe is in the pits of the cme and market panel today, david, partners, ceo and charlie s

liz? liz: apple, yeah, he had a big day at the goldman sachs tech conference saying it was a silly side show that investors want them to move some of that cash pile back into shareholders hands. we will be watching for that. thank you. peter barnes at the white house. keep it right here on fox business for complete coverage and analysis the way you need it of tonight's state of the union with neil cavuto beginning at 8:00 p.m. eastern. again from that business and financial angle, you have got to watch it. we will be right here for you. closing bell ringing in 50 minutes. we have the dow jones industrials up 52 points. a lot of green on the screen. broad based rally. we will be right back. stay tuned. i'm a conservative investor. but that doesn't mean i don't want to make money. i loveaking money. i try to be smart with my investments. i also try to keep my costs down. what's your plan? ishares. low cost and tax efficient. find out why nine out of ten large professional investors choose is

liz: the u.s.ce announced plans to end saturday delivery to hopes and businesses starting august 1st. the announcement was met with much criticism that may very well end up in lawsuits, rich edson? >> it could be. the letter carriers union is exploring that. this is something congress has been preventing the postal service from doing for years. now they decided to go ahead. they discovered something in the law that lets them end saturday delivery. the union says no way. in a statement, the pmg, is dubious claiming a loophole in the law that will allow him to do this. the union is exploring all legal and political actions to block donahoe's gambit. it if he is allowed to get away with the brazen attempt to override the law and congress he would be free to go to four-day or three-day delivery in the future. the u.s. postal service says it assumes somebody will sue. >> i would expect we'll get a challenge. you can never be sure nobody will sue you. this is america. you can see. we'll work it out. it i

liz: kvetch then, everybody, i am liz claman.he last hour of trading and the dow has taken a leg down. this after the fed minutes came out and has become a question of when, no longer if, they will stop all the quantitative easing it has been doing. stocks are dropping pretty precipitously. talking to ashley and tracy, it just happened in about the last eight minutes. the market dropping rather dramatically. we have the nasdaq down 34, a big percentage drop, and the s&p down 13. this after the release of the fed statement. so what was in the january meeting? when are the fed's large-scale asset purchases going to end? more and more members are getting concerned about continued qe undermining stability in some way, shape or form, that is what you have. trish is not initially much reaction. the yield fell about one-tenth of 1%. now falling one basis point. down about 2%. let's take a look at currency. a dollar that is up sharply against the euro doing pretty well before the fed minutes but now the euro plummeting at $1.32.81. what

liz: okay. me bring in -- pulling up treasuries, ten year yield at this point, are we seeing, again, some kind of bizarre flight to quality here? looks like there's fear in the market, yet, the vix is down. >> look at the dollar as well, liz. that's what i look -- look at charts, the s&p charts, a bond chart, and i'm looking at a dollar chart saying something has to give, and, again, the bond traders have it right here. the equities get frothy. i guess the only thing i have not seen that would confirm any type, again, i have not seen a cell signal, but what confirms that to me, liz, is if you see the public participating. that's, really, the thing absent, the retail investor. they tend to come in -- liz: charlie, are they smarter than the equity markets at the risk of annoying john? >> yes, i do. there's more funds involved in those markets. i think they are -- it's a broader based market, bigger morning as a whole. liz: what do you say to that? >> he might be right there. look at the investing

liz?s, everybody at treasury agrees, including neil wolin, the acting treasury secretary. there is no taste for a bailout like we saw four years ago with aig and the other problems. he is was one of the architects of dodd-frank of the he worked on it very hard. there are people who say it doesn't do enough. there are other people like attorneys general from 11 states including oklahoma who last week was on fox business says it gives treasury too much power. i began asking him does dodd-frank truly eliminate keeping us the taxpayer on the hook from too big to fail banks? >> the statute made clear once and for all, taxpayers will not be on the hook for dealing with failed financial institutions. it creates the statute does, a whole process which the owners of those firms, management of those firms have to take responsibility for those failures are. the biggest financial firms in the country will have to gather together and make sure that whatever is needed in the way of resources is provided

back to you, liz. liz: okay, thank you very much. well, the ask is higher, but the bid is a little bit lower there. >>> record amounts of inflows, we'll just say record inflows, into fixed income funds worrying some of wall street's top investors yesterday. i sat down with goldman sachs' president and chief operating officer, gary cohn, here's what he had to say about the trade that's been on for more than a year. >> what we can tell you for sure is a lot of money has gone into the fixed income worlds. we've seen two or three years of almost record issuances. 'tis. liz: doesn't that worry you? >> it does. at the end of the cycles, they change, and no one knows it's the bottom or the top of the cycle. we've been in a 32-year bull market in bonds -- david so is the bond market about to burst? joining us now, jim rogers, author of the new book -- i guess it's about your 145th book called -- but this is the best, folks, buy "street smarts." look at that casual jim rogers who is, i assume, standing in singapore. >> chinatown. david: bond

liz: thanks.zzard is barreling into the northeast as the region braces for what is expected to be record amounts of snowfall. david: we have the very latest on the storm. justin, it is already a whiteout up in boston. what about the rest of the northeast? >> well for many residents all the way from new york city to boston, even portland, we will see whiteout conditions over the next 12 to 18 hours. this will definitely be one for the record books as we have two pieces of energy coming together right now. and this one storm system, right off the eastern seaboard, really strengthening, really deepening quickly. that will lead it snowfall rates of one to two, potentially as high as three inches per hour at the height of the event later on tonight and early saturday morning. delace from jfk, laguardia, boston's logan. we think there wilting will be a shutdown at height of the storm. wind will gust from the off to 65 miles per hour. that is not too far off hurricane-force winds. here is our travel shut

liz: be happy.pens, even though you say that china looks not as healthy as it has been in the past, you are striking some partnerships. you must be a believer. you will be doing a partnership involving mobile crane. would it be assembly? tell us about the relationship. >> we had a joint venture in track cranes cause of this is changing a partner that we had. so windy partner now, a large construction equipment manufacturer for the chinese market and probably one of the largest, those of manufacturers in china, there are a lot of things that we can use and distribution, sourcing, some things -- once we get china done and some technology, we can take some of those trains into the emerging markets. for right now is going to be simply based upon truck cranes up to 25 and 50 tons. liz: this just popped into my head about the price of metal fluctuating. do you hedge? what is the main battle the you are most interested in when it comes to creating a crane? >> well, it is really the heightened self strength

david: liz, over to you.iz: he need to watch our segment with the attorney general of oklahoma, feels the other way, too easy to liquidate the banks. your academy award ballot has to be turned in by tomorrow 5:00 p.m. pacific time, 8:00 p.m. eastern, up next, our good buddy peter guber gives us his picks and he knows. let us know what the oscar is worth for the one winner. we'll tell but a multibillion-dollar health care tax that will possibly hit your wallet. stay tuned. ♪ . ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. liz: did you get your oscar ballots in? david: no. i wish i had a chance to vote. liz: are we not members of, okay. david: not quite. liz: official voting ends tomorrow at 5:00 p.m. pacific time, 8:00 p.m. eastern for sunday night's 85th annual academy awards. david: nine films are up for best picture, who will win? how much is the top award actually worth? who better to ask than somebody who had award winning picture

liz? liz: thanks, very much, doug.n 82-year-old jewelry shop owner springs into action when his store is being robbed. we have the story. you have to hear about this. and more of the video next when we take it "off the desk." ♪ (train horn) vo: wherever our trains go the economy comes to life. norfolk southern. one line, infinite possibilities. how we get there is not.

david: liz?p one of the business leaders discussing immigration reform with the president. he is graying brown. find out what was said behind closed doors, what the business leaders really think. that's right here on fox business. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the pla

liz: the u.n.s trying to unionize wal-mart, they have their own profit sharing with their own 401k plans. to your point, i hear what gary is saying, you want to hear about protecting the workforce or you want a labor movement that's rational. we have a rational labor movement in this company raiment. >> this is a political pack. they are going away and i will tell you why. it is fair. as americans come you can work wherever you want to. if you don't like wal-mart, go work at target. go work at bed bath and beyond. one of these workers feel that they are owed anything. >> give me the example of the interest group in america that doesn't raise money to dissipate in the political process and why that constitutes this. >> let them do that. be a political pack, don't be a union if it were saving your jobs. be honest about it, say they were taking their money. >> which one is the pack? >> whatever you want to call it. [talking over each other] [talking over each other] look, it is outdated. they spend a

liz: which ones? if you believe the consumer at least healthy enough to weather any headline risk, are there names in here that you feel are real winners? and i point to have. f corp. at the top, jumping 3 1/2%. this is very close to a 52-week high. they have done extraordinarily well but on a global basis. do the stocks that you have pick have to be global powerhouses? >> no. i think you know what? the story is that the u.s. is doing better than the rest of the world you want to leverage yourself to the u.s. consumer. names like vf corp is one. michael kors is a story that has done well. it is strong. i maybe wait for a pullback. that is another name. autozone is a play on the better economy as consumers repair their cars. visa, for transactions. david: well, michael, like most folks you have mixed feelings about the markets but about where the markets are going for here. explain those mixed feelings. on the one hand there are some very positive signs with consumer sentiment we mentioned. but there a

liz: it's perfect.: another company that is no stranger to the super bowl is go daddy, known for, of course, sexy ads designed to drive people to the website to see the big reveal. what is in store for this year? coming up next, the executive chairman and founder. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ >> i'm adam shapiro with your fox business brief. the national test predacious a keybo

liz: so excited. david: let's go to nicole petallides at the new york stock exchange for the latest on this booming day in the market. let's start with groupon. they cannot be much higher. nicole: a great day for wall street. groupon looking great, up over 8%. the daily deals company reporting numbers just a few minutes. liz: we will have it estimates it comes out, also waiting to hear from jcpenney, that stock has seen a decent run up over the past few months. nicole: it has had a recent run-up. jcpenney trying to get the customers in. ron johnson tried to get customers to love jcpenney. a big metal two battle with macy's. david: and the banks are benefiting big-time. jpmorgan is doing very well. liz: all the financials are higher. the group did very well. the relief when the fed is still behind everybody. liz: not all green today, shares of public john's pizza. here comes the closing bell on wall street. david: and the number you have to keep in mind, just the dow for the moment, 14,035. that is all

liz: storage revenue. david: we will be going back to mark sebastian, both of which are due to report within this hour. we have investment management chief investment officer, and premier wealth first allied secured senior wealth strategists. good to see you both. first to you, the news from dell, that's specific to dell or something larger about the high-tech specifically the pc industry? >> it is specific about the pc industry but let's not forget dell is in a unique position as the company begins to obviously foster what needs to happen to take them private. i do think we need to keep our eye on industry sector as a whole because let's not forget also dell is the market leader in that segment. liz: we're looking at your outlook, you are overweight certain areas because you obviously feel there is still an opportunity and a way to make honey. what is your picture right now? >> we're bullish across most asset classes especially equities. u.s. stocks a small allocation, a lot of opportunity in the foreign

liz: that's right.> i yes, i think you will start to see a lot more of that in the near future. the fact that currencies wars will be stepped up later this year, gold will likely become a currency again the supply and demand situation, certainly the demand certainly has been cut. just recently some announcements just made, we see that coming back as currency wars get in full throttle. of course the stock market eventually it going to run out of some steam and i think some of the money will come out of that and go into precious metals, platinum and gold especially. liz: platinum and gold. liberty trading group president, thank you so much for joining us. >> my pleasure, liz. liz: dave? ashley: meet the business owner who fought one of the mandates in obama's health care law and won. he and his lawyer will tell us how they did it and why they did it. >>> also big changes at coach. we'll tell you who is in and who is out. >>> berkshire hathaway earnings report coming out, excuse me, not earnings report but

liz: it is. saw you beaming. 36 small business owners got up there and graduated after an left -- 11-week program. what is better they learned up there than a columbia mba or harvard? >> they learned the practical realities of running a small business. it is not just 11 weeks of classroom work, long days and on the weekend of last courtroom week. as you can tell from the 36 graduates up there they became colleagues with each other and used each other's goods, they used each other's services. they coached each other and mentored each other and helped each other through a variety of problems and issues they will have going forward. liz: they bounced off each other but you guys put together the curriculum. you used kmurpt colleges in 11 different cities, new york, salt lake, cleveland, et cetera, chicago but you guess spent more than a year putting together the curriculum. there is some secret sauce in there because immediately within a couple of weeks a lot of these businesses were iiproving their

liz? liz: how about this, 6 million customers in three of what would be the hardest hit states, new jersey, maryland, pennsylvania, tony alexander is the ceo and president of first energy in a fox business exclusive. let's get right to it, tony. how did you do in the storm? >> we're talking about the storm that just hit this weekend? well, we did okay. we got about a foot of snow, primarily in new jersey and western pennsylvania. but the system held together well. we got most customers back on relatively quickly. so we were prepared. we had a lot of people on the ground. and most of the damage was focused much more into the northeast. liz: to the point where you started offering some of your workers to help other utility companies; right? >> well, that is one of the great advantages of the utility industry where we truly do help each other in the middle of a storm like this. because you need those resources, because you're really rebuilding an area, typically, when a major storm comes thro

we're also getting, liz, a good close-up of the fisherman's ring. tell us about that. >> well, the fisherman's ring is the ring that's give on the pope, made for the pope, which one is specific at the beginning of his pontificate. it was a visible sign in all of these processions, you'll see historically they're always very large. from a great distance, this binding, this marriage, commitment to the church, the leader of the church and as the holy father. by tomorrow evening, that ring will be one of the last things that pope benedict divests himself us as he leaves the papacy, that ring, and all of the ring before will be destroyed. >> destroyed using a silver papal hammer and there will be no ring until the conclave and the election of a new pope, it was very interesting that here in new york our cardinal dolan said that he and other cardinals will sing a psalm as they file into the sistine chapel. and is that something that's typical, liz, is that traditional, or is that unique to this conclave? >> i think in particular, these psalm of pent nance

liz, is it going? liz: this is a tough story. has been an iconic brand in the united states. a lot of people grew up with it. this is the future for print publishing, see time warner also selling off its magazines. stuart: who buys hard copy time magazine and buys reader's digest? who does that? liz: it is the internet blowing up the print model. stuart: a pew study says that more than half of facebook users have taken a week or more off from the site. that sounds like a bad trend. charles: too busy was 21%. just wasn't interested, 10%. waste of time, 10%. and too much drama 9%. that is a lot. those sound like people who won't come back. that's a red flag. stuart: maybe that's why facebook -- it was at 32 a couple weeks ago, now down to 28. liz: defriending facebook. stuart: finally over the weekend thieves stole $167,000 worth of jewelry from the four seasons, very up scale hotel in manhattan. they smashed a display case just feet from the hotel's front desk. they made a clean get away. any comment of any kind? wait a second, wa