i'm matt nesto. if you're a patriot and like to do deals, patriot coal is up another 7% today. that brings the tal toe 25%. the the rumored target du jour. i'm seeing fly on the wall and briefing. other traders are keeping an eye on patriot, pcx. it's $1 billion-seven in market cap. the call to put ratio is 6 to 1. traders looking to obviously get long the stock and at least the options, the calls to do so and also it's been in the news lately and beaten down because the federal number two mine, their biggest mine is out of production right now as they deal with some safety issues on this one and it's looking to re-open as soon as possible, but we, like the street, will continue to watch pcx and if we get any details from any company looking to buy this company for real. we'll let you know, back to you. >> matt nesto, thank you very much for that. >>> everyone on wall street is looking for clues on just exactly what the fed strategy is and specifically what the exit strategy is and whether or not the fed will tighten interest rates in the near future. our steve liesman sat down

matt nesto here.l, your core business has just been decimated by the health care legislation, and yet, sallie mae is raised to out-perform this morning and leading the s&p 500 with a huge 9% gain. they think it's going to $18 a share. they say the core loan origination business may be gone, but their expertise in servicing and collection exists and is undervalued. first marblehead also in that business, up 4% today. also, glg partners gapping higher on huge volume year-to-date, up 9%, number one on the russell 1,000. "bloomberg report"ing that man group, the largest hedge fund based in london is seeking to acquire glg and/or a stake in slc partners. well, nobody's commenting on this deal, but the market certainly is, simon. all those stocks are trading higher here today. back to you. >> all right, matt, thank you very much for that. >>> the dow obviously has had a good week, a very good month, inching closer to 11,000. let's get the friday trade. bob pavelec is with bannon partners and david stevenson

matt nesto back at hq with the "realtime flash."t, we have come back, despite the fact that the only data we got was not good. >> well, i don't know. have we come back? i mean, i saw on the industry level, we saw a couple gainers, then we erased those after that data. it's pretty thin if you look at the volume, if you look at the percentage gains. there's not a single sector that's up or down more than 1% right now, about 0.5% is the order of the day. the financials are teetering between positive and negative. if you look at jacobs engineering in the capital goods industry, they're the best performer there, up about 4% today, thanks to an upgrade at jpmorgan. they took it to overweight from neutral. they think it's headed to $51. xilinx, the weak dollar trade could not be more dead today and the semiconductors the hardest hit industry group and none hit harder than the 4% giveback in xilinx this morning. nrg off the conviction buy list at goldman. this is the original nrg energy, if you will, and its price target cut to $28. then la

matt nesto here. nothing's better than money in the bank, especially if you're joseph a. bank.he stock is 4% higher after much better-than-expected fourth quarter results. same-store sales were up 6%. direct or online sales rose 12%. and the stock is having a nice bounce here today. jds uniphase, number two in the s&p this morning, almost 3% higher. thomas weisel reiterating the overweight rating, raised the price target. genworth number one on the s&p. louisiana pacific up 27% year to date, another 4% higher here today, and this after we're seeing the target and the estimates going higher at credit suis suisse. and viacom sees the full-year '11 and '12 estimates being raised at deutsche bank. that's good for 1%. they think the stock is inexpensive. let's get to david faber now for the latest from him. >> thanks, matt. i do notice viacom sort of challenging the tape there against news corp down and disney down -- excuse me, news corp is up a bit, but certainly, viacom the biggest winner among the big media companies. i wanted to start off, if i can, with greece. when i left bef

cnbc matt nesto is here with a look. >> thanks, guys, very much. fourth gain in a row, 6 out of 7 in terms of the big benchmark indexes. look at a couple of the trends i'm tracking. come fly with me, i have three stocks that are flying today, all on takeover rumors. glg is up a very strong today and bloomberg reporting that man group out of the uk might be interested in a piece or all of it. radioshack also in play here today and rti international being said to be eyed by bea systems. doubling down on the casinos, all five higher here today and best percentage gainers in the russell 1,000. that's about 10% growth and also power stocks are replace strange buying binge going on here. three of the top ten volume actives in the s&p 500 are utilities. back to you. >> all right, matt nesto, thanks so much. >>> that is going to do it for us here on "the call." >> i'm trish regan. >> i am larry kudlow. i was worried about melissa defending that mortgage intervention but we squared it off the camera. i'll see everybody tonight on "the kudlow report" at 7:00

before i go to the rest of the panelists matt nesto joins was a realtime flash. you have break news here? >> yes, this is a company you may not know, but ckx is a being offered to take private by the ceo of the company, and for lack of a better term, they control elvis' image, and the estate, and they own different media properties including the muhammad ali and as well as what is known as 19 entertainment which is a consortium of different talents like "american idol" and "so you think you can dance" and the ceo has offered to take this company private for $6 a share. you can see that you are adding another 3% of the afterhours and this is on top of a 9% regular session move today, so we could say it is a poorly kept secret, but the "wall street journal" out with the headlines adding to the belief in this stock here today. it is a stock up 40% just in the past month alone. so, ckx and ticker, pardon the leaning, ckxe on the nasdaq, being proposed to be taken private. sue, back to you. >> wow. thank you, matt, so much. all right. rejoining our guests, and you kno

cnbc matt nesto is here with a quick look. >> the best thing i can tell you is higher lows today. so far we took one test and held at a bounce back. if you look at the problem areas in the market, i show 20 of 24 industry groups are down. transports, retailers, household products and semis among the worst in the marketplace. the standout continues to be the financial sector and within that bank of america, jpmorgan and citigroutr

i'm matt nesto. 5:00 a.m. here on the wall street side of the world. welcome to the start of our global trading day. let's take a look at the markets this monday morning. remember we closed on the down side on friday, snapping that winning streak for the dow. it looks like we're on track for another loser today if the markets were to open up. we're down 49 on the dow right now. no real giant move, ross. a little bit worse, worcester, monday morning, a little bit worse than before that vote went down in the house. we were down about 35 points and the dow futures were now down about 50. >> yeah, and in the trading session here, matt, we are down, not huge losses as you say in terms of u.s. futures, two-thirds percent for ftse 100. cac, 0.6%. novartis down 0.6%. they're not the biggest losers in terms of sectors. the health care stocks resources, energy retail all slightly down more than that. what about the currency markets, christine? >> well, equity markets, resources like you mentioned here also weaker. in terms of the currency markets. this is how th