meantime, medical device maker medtronic saw its shares fall 2.8%. volume more than doubled with the stock settling at a five- week low. quarterly earnings were slightly better than expected. its core heart and spinal products continues experiencing herbalife reported quarterly results after the closing bell tonight. it's a nutritional supplement company with two hedge fund giants fighting over the company's business model. one calls it a pyramid scheme, the other says it's legit. quarterly results were two cents better than expected. before the results, shares were up 2.6%, adding another 2% to this closing price in extended hours trading. as the company fights back against critics, it raised its financial forecast for the year. it disclosed the securities and exchange commission has requested information on its business. two retail giants are meeting in court this week. j.c. penney and macy's are fighting over martha stewart. the two have deals to sell martha stewart merchandise, but macy's claims it has an exclusive deal. the case is just the late

shares of medtronic are down 3% at the moment. i've got news for coffee drinkers.ees by an average of 6% as the price of unroasted coffee beans continue to fall. price cuts will come in brands that you know like folger's, dunkin donut brands. shares of smuckers are down almost 1%. we're talking taxes, in just one moment. stuart: i have not netflix stock up again. why? lauren? >> yeah, it is surging. it actually hit an annual high today of $194 and change. according to the national traders association, they're saying that netflix remains the world's leading internet tv network. this is great commentary on the stock. and they do have that original programming, people really like that and they also like using netflix to catch up on shows line downton abbey. all of this, this popularity certainly helps a stock like them. stuart: lauren, it is downton. >> oh. stuart: it is not downtown. it's downton. >> now i know. i haven't seen it yet. maybe i will catch up on it on netflix. stuart: you have to. it is great. charles is going to make some money for us and he's now reco

george of medtronics saying in essence, maak hurd way at hewlett-packard did not work.resting point you make. thank you, john. i'm holding up the book right now. i recommend people read this especially if you feel don't let go the dream, you will make money and your company will grow, one small house to 340 stores. thank you very much. >> thank you liz. liz: john mackey is whole foods market co founder and co ceo. by the way, he lost his entire one store once in a flood, 30 years ago. came back. closing bell ringing in 38 minutes. a wild day of trading in herbal life. what caused that? charlie gasparino has the developments on the other side of the break. stay tuned. >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentl

look at medtronic. they continue to hit 52-week high. had option activity last week. more followup activity today. before their earnings next week, a week from tomorrow, we're going to see a big number out of them. this entire sector has been going higher. i think they get through 50. >> medical devices. anything to do with valuen fine's day, as well? >> a hip, a joint. a way to get to your loved one's heart -- >> google. thought about selling it this morning. i didn't sell it. i think you buy this thing on dips. there's plenty of reasons to make this thing go higher. i would not be a seller just yet. >> tim? >> google, valentine's -- searching. >> it's a theme. >> petrobras. this is a former darling of the emerging market. major problems, it's not about it. the stock's been giving a bad wrap. they have production issues and most definitely have cash issues. but sentiment is as low as it's ever been. this is a stock that's had low sentiment. take a shot. we're not betting the farm. this is a very interesting story to take a shot. >> production issues. is this a valent

a patient charged $49,237 for something called a medtronic simulator a device the hospital could buy $19,000. a 150% profit margin. what is a patient to do? >> one of the problems is that even when you have insurance, and insurance will negotiate these things out, people will often see these shocking bills with, you know, a thousand dollars for an aspirin. not quite that but close and then these bills after a series of negotiations you'll see them coming down and coming down and coming down. the problem is if i'm charging you a thousand dollars for a pair of shoe laces and your insurance company negotiates it down to $500, that's only a theoretical improvement. so we're still beginning with fanciful numbers that never get down really to what these things cost. >> there is a lot in this piece. one of the great lines i thought was, quote, we may be shocked at the $60 billion price tag for cleaning up after hurricane sandy. we spent that much last week on health care. does the president's health care law seem to help this or address this? >> it does seem to help this and address it. it

medtronic earned 93 cents a share. two cents above estimates.it's dealing with the changing health care environment, but it remains committed to delivering dependable growth. >>> conagra is raising its 2013 earnings forecast to 2.15. the wall street consensus estimate is 2.13. it sites contributions from ral corps, the old ral stan purina. and, herbalife. i figure if it has an "h" -- why not say it? can i say herbalife. herb greenberg -- in this case it's scott wapner that reports hedge fund manager daniel loeb has sold part of his long position in the nutrition company. i don't know what to think. icahn got it up a little bit but it seems heavy, doesn't it? doesn't it look kind of top heavy? the minute it gets a chance seems like people -- >> want to get out? >> i don't know. sources tell wapner that loeb began selling a few weeks ago although he maintains a position in herbalife. icahn may have been able to buy it lower than it is now. >> 36. >> i think he bought it a little lower. but ackman is making money now, too isn't he? >> where did ack

we have companies like 3m and medtronic. we have the biggest private company. we always believed that science and engineering is at its base in our economy. we brought the world everything from the pacemaker to the post- it note. how do we extend that to the rest of the country, and expanded for minnesota as well? i have come up with an export that is pretty obvious. but making sure that is expanded to small and medium-sized business, where 90% of our customers are outside of our borders, bringing the debt down so that investors have confidence in our country and we can move forward. 3, that we do something on rules and regulation. i could talk about vises that would make a big difference. a lot of our topic today is, we have the work force we need, and the world's talent. that is how we have always gotten the way we want to go. part of it is training workers for today and tomorrow. another part is opening our doors to people in other countries. 30% of u.s. nobel laureates haar -- are foriegn-born. we have unlimited caps for the sports stars. minnesota has not

we'll be this bes from dell, march yot, herbalife, adi, medtronic, express scripts, sealed air. >> madher, i'm guessing bubble wrap isn't your favorite economic indicator for the u.s. but what, in fact, do you think when you look at growth prospects this year? we are just days away from the sequester hitting. we saw jpmorgan downgrade its forecast. what's your own view? >> i think they've been quite conservative right from the beginning. it's a trend we've seen over the past many years that people tend to be very optimistic of the turn of the -- for the u.s. economy. it's happened over the last five years. people start forecasts very, very positively and then they tend to revise down their forecasts. we've been quite cautious. we're looking for close about 1.7% growth this year. it's going to be growth, but it's not a great recovery. >> how much of a drag gas prices, retail gasoline price res? up 32 days in a row or something like that? >> i think there are a few other. gasoline prices, of course, but the expectation is that they will remain stable or, you know, they won't ramp up too muc

we have companies like 3m and medtronic. we have the biggest private company. we always believed that science and engineering is at its base in our economy. we brought the world everything from the pacemaker to the post- it note. how do we extend that to the rest of the country, and expanded for minnesota as well? i have come up with an export that is pretty obvious. but making sure that is expanded to small and medium-sized business, where 90% of our customers are outside of our borders, bringing the debt down so that investors have confidence in our country and we can move forward. 3, that we do something on rules and regulation. i could talk about vises that would make a big difference. a lot of our topic today is, we have the work force we need, and the world's talent. that is how we have always gotten the way we want to go. part of it is training workers for today and tomorrow. another part is opening our doors to people in other countries. 30% of u.s. nobel laureates haar -- are foriegn-born. we have unlimited caps for the sports stars. minnesota has not