i was wondering if i should go with waste management or lockheed martin. >> jimmy, what's it going tove it when a young investors comes in you should be in the industrial space. it's a hot sector right now. waste management is okay i'm not going to pan it but i much prefer lockheed martin or nor northrup grumman lockheed martin, yes >> thank you so much for the question as well steve weiss to you amin has a question. i bought moderna at 63 should i sell it or hold it? there are probably a lot of other people who have similar questions about moderna. >> moderna is still my largest position i had shaved some on the way up. this is a company where their platform has been derisked and messenger rna to me is the future of biotech. they have superior technology there. you take a look at delivery, storage, it's at normal freezer temperatures i still think it goes with a pipeline of 21 vaccines and therapeutic today going to 31 next year possibly, this stock has a lot of runway ahead of it and should go higher over the next year, two years, three years, et cetera >> shan, from california, is

what you were saying earlier what you reported on not only government, companies like lockheed martingeted by the malware. they were in the system of nine months. but it took several months of preparation. this could have started after the 2018 election after they were kind of silent during that time this is russia's way of getting back in the game. >> morgan wright. former independent counsel ke ♪ >> it was the political story of the decade. >> a remarkable time to be a political journalist in washington, d.c. >> the whole atmosphere was surreal. >> we like our presidents to resonate with the majesty of the office, but they're human beings and they're fallible. >> we were looking at things we didn't think, you know, could be survived. >> it's the lying that will get you in trouble. >> i'm now massively disappointed and angry, because you put a lot of risk when you do something like that. >> there is such a thing as the constitution and there is such a thing as an impeachable offense. >> it's not like you're running a hot-dog stand here. you're running the country. >> the truth did co

what you were saying earlier what you reported on not only government, companies like lockheed martinlware. they were in the system of nine months. but it took several months of preparation. this could have started after the 2018 election after they were kind of silent during that time this is russia's way of getting back in the game. >> morgan wright. former independent counsel ke maria: good friday morning. tgif. friday december 18th, 6:00 a.m. on the east coast. putting the spotlights on the biden. pushing for a special counsel to investigate hunter biden business deals as joe biden callings it foul play and says he's not concerned about allegations. we have it all covered this morning. we will hear from georgia congressman doug colins and jim jordan coming up. the vaccine front, moderna vaccine could get

what you were saying earlier what you reported on not only government, companies like lockheed martinalware. they were in the system of nine months. but it took several months of preparation. this could have started after the 2018 election after they were kind of silent during that time this is russia's way of getting back in the game. >> morgan wright. former independent counsel ke ♪ >> it was the year when nasa showed us the sky wasn't the limit. charles manson showed his family values, and the beatles showed us why they crossed the road. here are the ten most magical, ludicrous, grisly, shameful, dramatic stories of the year. who can forget 1969? ♪ ♪ >> abbey road was such an iconic album -- >> probably the great beatles album. >> i i e remember looking at

it was built at lockheed martin's facility in sunnyvale. that's all we have for abc7 news at 6:00, everybody. for all of us here, thanks so much for watching us. make sure to find us on facebook, twitter, instagram and all that good stuff. >> "localish: bay area" is sponsored by northern california honda dealers. hey, bay area, it's time to share some amazing stories and feel good. we could all use some inspiration right now, and you've come to the right place. this show is all about good food, good people, and good living. ♪ on today's show, sisters' soapy success... >> people who loved our brand just really rallied around us. >> ...inspiring art... >> art is just, like, it's a part of me. it's just my identity. >> ...masks for all... >> anyone who comes through, they can get a fresh one, or if they don't have one on, they can get one from us. >> ...the sweetest grandpa... >> i started looking for a place to go for my morning coffee, and i just started coming here on a regular basis. >> ...but first, delicious filipino desserts.

what you were saying earlier what you reported on not only government, companies like lockheed martinlware. they were in the system of nine months. but it took several months of preparation. this could have started after the 2018 election after they were kind of silent during that time this is russia's way of getting back in the game. >> morgan wright. former independent counsel >> from the fox studios in new york city, this is maria bartiromo's "wall street." maria: and happy weekend, everybody. welcome to the program that analyzes the week that was and helps position you for the week ahead. i'm maria bartiromo. thanks so much for joining us this weekend. in just a few moments, we will get jonathan ward's take on former disney ceo bob iger being considered as the next ambassador to china. we are talking china with the founder of the atlas organization. and another big development in the fight against covid-19, moderna having the second vaccine approved, millions of doses of pfizer's drug already being distributed, the ceo of

what you were saying earlier what you reported on not only government, companies like lockheed martinmalware. they were in the system of nine months. but it took several months of preparation. this could have started after the 2018 election after they were kind of silent during that time this is russia's way of getting back in the game. >> morgan wright. former independent counsel before this one is for the kids but alright whether there is smoke there is fire and boy oh boy the hunter biden fog is getting smoky or that a drum circle and a reggae concert. mostly be joe get burned? new today some old text messages from 200 biden associates that suggest to get joe involved in hunters shady chinese business deals. the goal to make a family business presumably because joe biden's name would give the entire operation athlete needed legitimacy. fox news just obtained he made h tax between hunter biden's next associate james a

what you were saying earlier what you reported on not only government, companies like lockheed martin malware. they were in the system of nine months. but it took several months of preparation. this could have started after the 2018 election after they were kind of silent during that time this is russia's way of getting back in the game. >> morgan wright. former independent counsel ken starr on the fraudulent election. thanks for being with us. good night from sussex. elizabeth: tonight we have breaking news. newly declassified government documents show the true chaos behind the scenes on the fbi under the trump-russia probe. this is how weak and what a waste of time and money it was. the fbi debunked it knew it was false two months into the probe but the media went full bore on it for years. fbi liked how the democrats funded steele dossier, it was media, even though it has been discredited and debunked. late senator john mccain apparently leaking a dossier to a world famous investigatively reporter. we're going to reveal his

what you were saying earlier what you reported on not only government, companies like lockheed martins. but it took several months of preparation. this could have started after the 2018 election after they were kind of silent during that time this is russia's way of getting back in the game. >> morgan wright. former independent counsel greeting mug, the official "lou dobbs tonight" mug. good night from sussex. ♪ elizabeth: tonight, two major stories hitting national security. how did the government allow what maw lawmakers now call, quote, an act of war, the single biggest cyber attack in u.s. history? how did they let it happen? russia is believed to have been sitting inside of u.s. agencies for months looking at the nation's secrets including the nuclear weapons stockpile and the energy grid. that undercuts the knee-jerk critics now trying to blame frump. also we have this story, an fbi briefing of top lawmakers on democrat eric swalwell's entanglement with

. >>> welcome back lockheed martin is buying aero jet rocketdyne in a deal i'm told it came together ckly. driving force for this latest deal in the defense sector, hypersonic technology. lockheed already has a big head start in this space with a billion in revenue last year, more than a billion this year. aero jet is a key manufacturing in terms of propulsion, rocket engines. this is also bringing more to the supply chain inhouse for lockheed and expands space portfolio as well including exposure to nasa's giant mega rocket slx for which aero jet rocketdyne makes those rockets. so the new ceo who took the helm last summer made no secret of his inquisitiveness. experts and analysts that i've cell phone are arguing this is really defensive after one of the other key few rocket engine makers within the sector or billat atk was snapped us by northrup grumman aero jet rocketdyne really rocketing higher, up 22% right now. but also some other names in sector northrup grumman and raytheon technologies are under pressure because aero jet rocketdyn search akey supplier for a number of their pr

shares of aerojet rocket dyne surging on news that lockheed martin is buying them for $4.4 billion.arlier this year, mario gabelli gamed aerojet one of his top picks for 2020 and joins now if an exclusive interview mario, great to have you here. as a shareholder why did you tweed you were sad about this deal usually a company being bought for a 20% preyum would be good for shareholders >> i have been doing this a long time back in the mid '70s when i started the firm i wassage analyst on the sell side when a company was taken over we called ate sad day because we had accumulated and compounded knowledge. i think i started following this company in the lathe '70s, early '80s when it was run by o'neill and located in manhattan and it was general tire and spun off a variety of business. eileen drake came along and done a terrific job we like the stock. when you think about the line in the 1930s, you think about our firm with regard to the missiles that we have called minnesota. the hyper sonic has made all of that stale she has done a terrific job of positioning aerojet. converts were

pharmaceutical ads in between their ads it sells the war so they could sell more racy on and lockheed martin ads against all their stuff so note that realize that knowledge is power know that i sell for that's what i'll tell you for 2021 so while they try to make you relate loosely pessimistic you know maybe there's better stuff out there you know here's another thing that we saw ending into the year barron's of course always is you know you don't really want to be on the cover of better. here is again like an interesting take in that we're heading into the 50th anniversary of a u.s. dollar dominated world in the u.s. dollar what is the u.s. dollar its debt right so here is barron's one of the oldest most established respected financial journals and imagining the post kovan world because obviously we've been locked down the wall has been locked down in some countries doing a lot better than others in america most people their incomes went up because we have the u.s. . dollar and they could print print print and nobody actually has to do anything we just sit home so a lot of americans got to

s and then the money comes back over here in a joint venture with edith which is the like the lockheed martin of china and these are buying up companies and dual use military technology there's one in michigan but the bite is where basic political cover for all this so that cheney military oh i have companies. yeah it's been out there the interest it's all reported on the intercept and it's all the information has recently come out would leak audio and they were basically being run by the masters of china now during the vice presidential debates they sell a chinese censors cut away from pence when he answered the china question and then back to camelot harris when she was asked these questions china obviously prefers biden to trump but how do you expect this relationship to change especially in light of their last revelations that a democratic member of congress may have been sleeping with a chinese spy well if there's any young enterprising ger journalist out there if you start to look into this story the layers and sees it it's massive so we could end up with a whole new mccarthy no trial a

. >> thank you >> tyler >> lockheed martin moving in on el elon musk today, spending millions >> lockheed has a big head start in the area aerojet brings propulsion or rocket engines this takes more of the supply chain in-house for lockheed and gives lockheed exposures huge new icm and expands the portfolio, including key contact for nasa's return of astronauts to the moon. for lockheed, this dovetails into his 24th century fighter vision after the one other major rocket maker was bought by north run, it's noted this better positions them to compete against aerojet rocketdyne shares. northr northrup and raytheon are under pressure meantime with only a few small and midcap stand alone defense names really kind of remaining out there in the marketplace, names like aeroenvironment and mercury are all trading higher as well. >> the legal will wind in the lap of a new administration, there could be regulatory questions? >> on a call, investors did note these are complementary businesses in terms of lockheed from a traditional anti-trust sense there couldn't seem to be an issue it was only just

. >> of course >> i want to get your thoughts on lockheed martin >> he's terrific i want him to come on the show i thought he was really good let's get him on the show. jim is a good, good ceo. why don't we go to nick in massachusetts. nick >> jim, how are ya >> i am good, thank you for asking, how about you? >> i am good, i am good. i want to give a quick shout-out to the dcowboys. i want to ask you about sales force. >> i keep on seeing it everywhere they are doing what's right for customers right now to sell ridiculously in an environment that's virtual i need to go to tim in arizona tim. >> booyah, jim >> booyah. >> thank you for taking my call, big fan of the show. >> great penetration in china especially on their trucks, as far as ev goes, 30,000 charging ports across the united states, they're investing on their state of the art batteries. general motors >> i think general motors is radically under value. the more i read about it, the more i think i can't understand the valuation when clean energy fuels can be up this much. who knows what gm can do, picking a random stock has

lag yards, the big winner was the financials up 1% as rementioned some of the movers this hour lockheed martinging a $4.4 billion deal to buy aerojet rocketdyne and lockheed going to upping up its offerings and aerojet up more than 24% on the session as you can see right there. nike helping to lead the dow out of the red and hitting a record high on the heels of its strong second quarter earnings. the athletic apparel maker beat on the top and bottom lines and boosted guidance nike is up better than 5% at 144. rent acenter also higher after acquiring a lease-to-own fintech company as it works to grow its virtual presence shares of rent acenter are currently up almost 10% at 38 and change let's go to sue herera for a news update. hey, sue. >> hello, ty good to see you. as americans continue to work from home and avoid travel in october they drove less. u.s. drivers logged 259 billion miles in october that's according to the u.s. transportation department, but that is down 25 billion miles over the same month last year. >>> as covid tensions spread due to the recently discovered variant, serbia

lockheed martin, and the major fortune 500 companies. >> in a clear sign of how serious this threat canop cyber security agency issued a rare emergency directive for all federal civilian agencies to shut down use of that solar winds product. cnn's alex marquardt has more. >> reporter: good morning, christina, and laura. the u.s. government has been hit with a significant cyber attack, which looks like the latest in russia's ongoing hacking campaign against the united states. the commerce department has confirmed to cnn that one of its bureaus s bureaus saw a data breach. "the washington post" is also reporting that the treasury department was among the targets and there are concerns that there are more victims. it's unclear what data was accessed. now, the commerce department said that the fbi and the department of homeland securities cyber arm, which is known as cisa, have been asked to assist. cisa says there was quote recently discovered activity on government networks, and they are offering what they call technical assistance. "the washington post" reported the russian hacking team,

a board member over at lockheed martin corporation. lloyd, historic black general, right?s also an advisor to pine island capital partners, which is a hedge fund which raised $218 million after joe biden was elected on november 3rd and guess what? $218 million is betting on expanded market access in the military, in military and artificial intelligence base, so if he was secretary of defense he would literally create new opportunities with the hedge fund that he advises what then go and make money from. what that i just tell you there? they are all historic choices, right? >> tucker: hedge fund general is a victory for diversity! i don't think i've heard it explained morse is simply or better than you just did and i appreciate that. great to see you. >> thank you, tucker. >> tucker: one of the hallmarks of incompetence is a total refusal to abide by your own standards or even acknowledge the universal extenders exist. gavin newsom, governor of our biggest state just violated his own coronavirus rules to attend a dinner at one of the most expensive restaurants in the world.

the telescope was built at lockheed martin's facility in sunnyva sunnyvale. >>> hum. wasn't supposed to last this long, correct? sorry, didn't mean to put you on the spot. >> i was about to say, mike, you are the space one. you know before we know. >> look at me. not knowing and then pushing it off on you guys. i'm so sorry. what a terrible way to start the day. gosh. i hijacked the first shot of the show and then i do that. must be the coffee i'm drinking. it's a new brand. >> okay. >> thanks. you know all that rain we got? >> mm-hmm. >> i remember. >> before we got that rain the snow pack in the sierra was 32% of average. our weekend store also brought snow to parts of the sierra. you're looking at several views from caltrans traffic cameras showing the impact on the major highways. we told you not to travel. that's a good look at why you shouldn't have. drivers must use chains on center state 80 between kingvale and truckee. and they told us not to go up there any way. let's look at more snow coming their way. that rain that is coming our way wednesday and thursday

then we have lockheed martin buying aerojet rocket. i have no clue what aerojet rocketdyne does.they make rocket engines and for lockheed martin it's about getting the pentagon contracts where they compete with companies like blue origin. they are spending $4.4 billion to buy aerojet. look at the stock, up 22%. so they can better compete. that is the price tag and as the reason. i gave you a lot of green on a day when the markets are tanking. stuart: i would love to see how the market closes because we were down 700 at 4:00 a.m. and now we are down 220 just after opening. susan: i went to note that this by the way, is a hollywood week and most market investors closed their books friday so that also exaggerates the mood. stuart: show me apple, please. they are down a tiny fraction. i know they will-- they are going to close their stores in california, but that's not why the stock is down. susan: is not even down that much. they are probably lower along with a broader markets. we know apple store closures have been economic indicators in their closing their stores in california, te

lockheed martin intends to by aerojet for $56 per share in cash. that's a healthy premium.et is one of the top suppliers of propulsion systems. per share in cash. confirmation expected to be reduced to 51 per share. the company making that announcement in a statement, the deal expected to close in the second half of 2021. stay with us. karina: u.s. lawmakers are said to be ready to endorse almost $2 billion to remove wireless equipment from huawei and ppe from american carriers. further 2.3 billion dollars will be set aside for emergency relief for low income users. households would receive $50 per month. is reportedly ready to hand over part of his aunt group -- ant group to the chinese government to salvage his reputation with the failed ipo. he had rare talks with the regulators thing they can take control of any part of the amt platform if necessary. he finds himself going .ead-to-head with the apple is suspending new orders -- taiwan -- the iphone maker in india. told bloomberg the rapid hiring and expansion policies are to blame. investors are watching tesla ahead of

is a 3% pay raise for our troops, and it is also billions of dollars towards everything from lockheed martin'sly funding that b-21 bomber that is being developed by northrop grumman. a key bill to watch as we go into 2021 from the defense side and keep in mind those stocks in general have essentially been -- as one analyst put it to me recently, dead money in 2020 so it will be interesting to see now what happens to defense spending levels under a biden administration and given the fact we have the record levels of debt because of all of the stimulus that happened. >> well, yeah, i mean, even taking boeing out, those defense stocks as you note have been pretty weak relatively what is interesting too, david, just the rhetoric, right mcconnell saying we're not going to take on more debt, to hand more money over to people who don't need it. and you have to believe that that's going to be the tone. that we have dealt with a crisis, and if the republican retain the senate, it is going to go back to, hey, we can't afford this. >> no doubt. and states and municipalities are not going to get the aid t

it beat the s&p 500 yet there is still upside there i would go with lockheed martin. >> i was going toch is your favorite value pick for 2021. >> it is still msge. madison square garden trading at about two thirds of the value of its assets when people start going back to knicks and rangers' games, people start to go back to las vegas, msge, at $60 was trading at less than cash. made a run all the way to $100 but we still think it is worth more than 130 there as people go to concerts and basketball games again. >> sara, is the weak dollar we have seen pushing you to invest more overseas? >> we are fans of emerging markets and national markets in 2021 based on the weak dollar and valuations we like latin america and brazil, which was hit hard by the coronavirus could have a strong recovery as the vaccine rolls out. mexico we are bullish on as the relations between u.s. and mexico get better. and asia, impacted , like thailand. >> it is getting awfully crowded that short dollar position thomas peterffy making headlines on cnbc earlier today when he said his customers are net short the ma

lockheed martin is buying aero jet, already using aero jet propolpr propulsion systems check out sharesgan chase, that company announcing a $30 billion stock buy back program. that announcement came shortly after the fed announced banks would be able to resume by backs in the first quarter of 2021 and j.p. morgan chase up by 3.5% >>> nike, that company reporting better than expected profit and sales for its latest quarter it's raising its full year sales forecast in that stock up by about 5.6% with the two big gainers, you're looking at the dow down by about 380, those futures. >> thanks, beck. let's talk about some of these big movers today like the cruise stocks, the airlines, gamings and hotel, taking a big hit already thanks to the pandemic now we've got a uk lock down putting pressure on the names again. we planned this segment, stephanie link we planned it last week. chief investment strategist and portfolio manager at high tower. if you're disciplined or opportunistic, if you liked coming up with reopening names on friday, you got to love them today because they're all 5 to 10% c

amount of players but your firm has been expert if aerospace over the years and you mentioned that lockheed martint space? >> yeah, marie ya maria, that'st question. you're seeing it in the biotech world, the utility area in the united states, renewables, wind, solar. you have to have cyber security, battery storage. we put out a report recently on the notion of love our planet and people dealing with that subject but we have to have nat gas as an intermediate step to accommodate our social needs. what happens if we have a war? not we, but if iran has a problem, you know, we've got to have a backup reserve just like we needed to have the scientists of the world united for the next round of covid of some sort. so that's a big plus. and then there's a lot to go on in the auto industry in terms of evs, what apple announced the other day in terms of -- last night, so that ecosystem is center of the orchestra of what we're doing and how we look at it and we look at valuations. auto nation, if they decide to spin off, the equivalent of carvana, bricks and mortar, similar to what they did -- walmart, whe

it was companies, very credible and significant company, lockheed martin, price, water house, coopersown to see what's in the national interest of russia and what can we use to do to exploit our position in the future. >> trace: lastly i want this quote from a source to reuters, it is a bigger story than one single agency. a huge cyber espionage campaign targeting the government and its interests. all of these breaches came through the same management system called sole winds. >> why attack 500 things? you might get caught. attack one thing. they piggy backed on it because the updates from solar wind were trusted by all these organizations. when they got in there they learned how to avoid being detected by very sophisticated tools and rather than doing the traditional thing like ransomware and having it detected quickly this is operation specific. it took a long time to develop and in the system for months. the damage assessment when it's done will be far worse than what we know today. >> trace: it is scary stuff. morgan wright, always good information. thank you, sir. >> you bet, tra

in m&m lockheed martin agreed to buy the manufacture aeroject rocket dine for 4.4 billion this is lockheedst acquisition since tesla took over at ceo in june and deal expected to close in second half of next year despite the fact it could face regular scrutiny giving company leading position in the defense sector but look at this. aero jet shares up in trading. thomas bravo ready to buy real page inc. reporting they struck a deal to 6.9 billion and private equity firm is paying 88 per share for the company which is largest acquisition to date. and payroll major league baseball base pay for players dropped nearly two and a half billion dollars. because of the pandemic shortened season. world series winning los angeles dodgers become lowest paying high spender in last 20 years spending 98.6 million this year, and in hockey, the national hockey league agrees to a 56 game season next year league choosing to realign its division due to pandemic and travel restrictions between the u.s. and canada. the puck is set to drop january 13th. maria. maria: all right lauren thank you so much. well a cong