why would you say i'm betting on meg whitman? i'm not willing to do that.r go where companies perform well. qualcomm won't be that much more expensive by the time you downgrade the earnings estimates. >> the gavel is coming down, we're going right to the stock. baker, who made the more compelling argument here on hp? >> i got to jump into bed with joe on that one. i nice 3.7% yield on it, some of the smartest minds on wall street are buying it. you look at the upside risk looks a lot better. >> just if you're scoring at home you meant ralph wentworth. gold below $1,700 after lawmakers struck that cliff deal, fails to address long-term spending. dennis gartman editor of "the gartman letter" good to see you on "the half." >> good to see you. >> fiscal cliff done, other issues on the way. where is gold going from here? >> it's going higher in yen terms. what you're seeing, we've got a government in japan that is predicating its entire platform on a weaker yen, expects to get a weaker yen, given that you'll try to create, they may not succeed but try to create

the way i see it is that meg whitman has outlined a multiyear plan.s year, fiscal '13, is a year of stabilization. they're expecting declines in revenue and decline in eps. chef has gone on the record saying next year, fiscal '14, she expects the company to actually grow. and i think that will be challenging for the company. and so, my belief, is, look, either the current management team affects change and makes hp better over the next 12 to 18 months or i think management itself, the board or external forces may come in and say, look, you're unable to do it. this thing is too big, too unwieldly. you've prichb oven it's too dift to manage. we believe the sum of the parts, as i mentioned, somewhere around $30 a share collectively. >> it's karen, toni. you only see that hatching in the breakup scenario? >> look, i -- i think it's -- i think if hp were able to stabilize revenues and if they actually were able to show any kind of growth in fiscal '14, which, again, is the stated plan and i think you have to hair cut that somewhat. if they could show this

>> next, here is what meg whitman is saying right now. ha-ha.elson muntz imitation. >> nice. >> we were going to use the real one but we were afraid of getting sued. hewlett-packard has gone from worst to first. up over 6% in 2013. bull before you can print that, "the wall street journal" reports that hp may be boosting by selling receivables to third parties to collect on those bills, reporting their cash usually than it would normally do, means shares may not be as cheap as they seem, melissa. >> beeks, what's the trade here in trash to treasure? wearound. >> that's probably, everybody thought you've got all the bad news out, you flush the bad news out here. i'm not sure that that's enough to say that hue let pack around is going to go up and have a multiyear trend. in fact, i don't think it's going to. i liked it for a trade. i would get out of it here. i think maybe on a pull-back, if you believe meg whitman over the next five to ten years can turn this around and you've got some patience, then you can buy. >> give to ten years of patience.

after 5 quarters of declining revenues, including a 45% drop in share price in 2012, ceo meg whitman says h-p may shed some units not meeting sales targets. the company recently incurred an $8.8-billion writedown of acquired software company autonomy, renewing calls from shareholders to dispose of underperforming divisions such as personal computers & printers. once again, warren buffett's berkshire hathaway performed better than the rest of the market, mostly by betting on banks. the oracle of omaha is known for his stock picking stragtegies. for 2012, buffett's berkshire class-a shares gained 17%, while the s&p 500 index advanced 13%. among the top performers in the buffett portfolio, wells fargo, american express and... there was also that $5-billion wager on bank of america. buffett bought shares of b.a.c. at $7.14 in august of 2011. the stock now trades around $12 and jumped more than 100% last year. it's likely intel's new tv service will not be ready in time for this month's consumer electronics show. the chip- maker is creating a new video cable & streaming service that offer

. >> guns meg whitman saber. over 90% of violent crimes occur without a firearm, which make guns and a great equalizer for women. >> background checks will never be universal because criminals will never submit to them. >> there are definitely passions on both sides of the issue. one place on the million moms facebook page said if you are anti-gun, don't bother crying for help when you are raped or murdered. in the six weeks since it form, and has almost $60,000 on facebook. -- 60,000 followers on facebook. >> a conviction of former police officer daniel harmon-wright may be thrown out after several jurors admitted to looking at a dictionary before the trial and before rendering their verdict. jeff will have a live report on that story coming up at 5:30. >> officials were in hot water tonight after was revealed that waited to warn the public about a meningitis outbreak. they waited nearly a week before alerting area residents. in the meantime there have been 25 cases of meningitis reported including two deaths. >

including in the top 100, notables like current hewlett-packard's ceo meg whitman.oogle ceo eric schmidt. and the biggest leap for a ceo from harvard's last ranking in 2010 was made by lars sorensen who leads the pharmaceutical manufacturer. he jumped all the way from number 233 to number 20. >> and joining us now is susan battery, an expert on leadership and career experts. she's a ceo herr of battley consultants. good morning. >> do you think they got it right? i think they got it right on one aspect which is shareholder value over time. while this is critical in terms of what investors are looking at, i do believe it's only one metric. we have many others especially in american companies we want to look at do our ceos grow jobs are they adding more broadly to innovation. they looked at one which is an easy one to measure, but it's not the only one. >> the other ones are harder to measure, though, aren't they? >> they are harder to measure but with our american companies, ceos have an obligation to investors, yes, but they also have obligations to employees and to

three year chart at the far right it moved to the upside but it is time for hewlett-packard and meg whitman say we told you so at least for a minute. a much bigger trend here. talk about a beaten down stocks, hewlett-packard the only dow stock that is down from the march of 2009 bear market lows missing the amazing bull run the rest of the dow has seen, it is down about 14% but might be the start of something new. plummeting natural gas prices changing the face of energy in the u.s. and sparking a very loud and massive debate over how to best but the cheap energy we have here to use. joining me in a fox business exclusive dominion resources' chairman, ceo and president tom farrell in richmond, va.. i am thrilled to have you on the program because i find this company extraordinarily interesting. what some people might believe to be a simple utility, you are very complicated. hydro renewable, natural gas, nuclear, very impressive to look at all you are doing. the numbers slunk to bill haas but x items you did quite well. the question being you plan to sell three cote labs. i looked at that an

all interesting ideas but meg whitman laid out a plan to wall street that is not happy to how hp performedlast several quarters. she said she is interested in executing on that plan. to sell anything at this stage would raise questions all over again about exactly what the strategy is. >> first of all, big news about dell earlier on this week. now hp. what is going on in this pc business? >> not just the pc business, mandy, as you know. all kinds of tech rumors flying around p.m. people are wondering what facebook would announce p.m. speculations about mobile. now all these questiones about apple supply chain. are they cutting orders? but the alleged level they are cutting from is ridiculously high around 65 million a unit for iphone level and that wouldn't even make sense for the next quarter. an interesting season and month where people are throwing a lot of stuff against the wall to see what sticks. >> mandy is asking what is going on in the pc world, john. i don't know but i know what is not going on, selling the pcs. >> sales. >> sales. >> as we approach intel earnings tomorrow, what

cheryl sandberg, jenny rom edy, meg whitman, but there's a study that shows 2% of top executive positions like president and chairperson and ceo are held by women. so i don't have a big list of women to tell you about. there is one. making huge headlines. >> sthehe's probably the most famous in silicon valley except cheryl sandberg. melissa meyer runs a company like yahoo!. she's not even 40 yet, not even 40. she's been running the company for it two quarters. and she's got probably the most famous turnaround attempt ahead of her at yahoo hoo. listen. remember this -- at one time, yahoo! search was bigger than this and this. in the 1990s and early 2000s, yahoo! ruled the web, generating more online search traffic than all of its competitors. but then yahoo! lost its way as one chief after another faltered at the helm. right when yahoo! badly needed leadership to maintain relevance on line. >> generally speaking, i think they've been losing the race pretty badly to google and search. i think they've been losing sort of the battle in e-mail and other areas. >> reporter: that's where marissa

. >>> we now know how much meg whitman is getting paid to guide a struggling hewlett-packard. according to company filings, hp paid her $15.4 million. only $1 of that is salary. $2 million is bonuses and perks. the rest is stock awards and stock options. in her first year with hp, whitman received $16.5 million. almost all of that is stock options. the median pay of a ceo of a public major company in 2011 was $9.6 million, according to the executive pay research firm. >>> a well-known south bay hotel will soon be changing its iconic name. the san jose "mercury news" reports that the st. clair hotel will soon become the westin san jose. it was sold in 2011. it has a deep history in san jose opening in 1926 as the saint claire. it will officially become the westin san jose in july. >>> coming up, we will show you the san jose native that shined during last night's play-off game. and plus why the 49ers' big win is a big win for san francisco school kids. the sharks return to the ice this morning. we'll tell you when their first game at hp pavilion will be. >>> looking live at alc

hp paired some of those gains after it was reported that the ceo meg whitman is not willing to sell yet. what do you make of these rumors? >> we've all talked about the name, talked about it on the sum of the parts issue. tony put on a nice piece that really started to get another catalyst as it started to run out of steam there. but i would say that, we're talking during the break, it depends on what they're going to sell these pieces for and how much they can narrow that gap between what they paid and what they can get for it now. at a certain point, you have to start looking at shedding nonperforming assets. >> yeah, depends on what price. you made that point. if it wasn't a good price, she's going to say no, not yet. >> what a disaster. the whole chapter is -- >> in they spent billions of dollars moving away from the pc-centric business that's been a dying business. we saw the pc data in the last week or so showing that lenovo and acer are nipping on their heels. they just go ahead of dell. so, in some wakes, you cannot let go of the businesses that you think have potential for grea

meg whitman was there to cut the ribbon but not made available to the press. there is no fighting in the war room either. who will brief us? seema mody is live at cnbc world headquarters. good morning, seema. >> i'm here. good morning. let's look at the futures right now. futures are lower after another mixed session on wednesday. the dow snapping a five-day winning streak with nearly all losses chalked up to boeing amid safety issues with 787 dreamliner jets. boeing shares are lower again in premarket trading. we get data out today on unemployment filings and new home construction and building permits. plus earnings from big banks like bank of america and citigroup. dow falling 23 points in yesterday's trade and nasdaq edging up by six to close at 3117. a boost by shares of apple. back to you. >> all right. thank you. we'll also hear from intel as well. that company in santa clara, the big chip maker normally tech lifts all boats. we are seeing the opposite this time around. this quarterly season with the reporting numbers have been fairly lousy. i'm not sayi

executive meg whitman there to cut the ribbon was not made available to the press. there are no briefings at the executive briefing center. >>> you'll soon be able to see a restaurant's health score when you check it out on yelp. christie smith early for her reservation south of market. city of san francisco working with yelp on this project. >> reporter: good morning to you, scott. a restaurant score is on the san francisco health department website. in fact i just went and looked on it. the problem is that it's not that easy to find. you have to click on it. get into the data base and put the name of the restaurant in and you get the idea. it's much easier the way it is now. they are putting that score on the yelp website page. it's on the restaurant profile for any san francisco restaurant starting today. you click on it and it takes you to a second page with date and type of inspection and number and details of the violations if there are any and yelp is hoping what this might do is help raise the bar on food quality here in the city but for the restaurant indus

still suffering potential losses, and meg whitman was on the board there, so as i do see long term hppiece of your portfolio, i'm very concerned short term. coming down to the 52-week low of 11. i do agree with rich on bank of america, but unequivocally you cannot deny we've seen a sensational rally and that's been the financials that are the backbone. we're averse at kkk financial that we'll see a pullback. any bank exposure to europe, don't talk about europe anymore, but european woes will come back front and center in 2013, so we do not want to touch it. we like the regional banks. >> okay. so you don't -- go ahead. rich. >> i was going to say i think jeff has hit the nail right on the head. in fact, it's the strength in the broader financial sector that really concerns us, that glaring underperformance of bank of america. keep in mind, this is a strong trending market. in a trending market, you want to sell the losers and buy the winners. in this case you're buying the strength in hewlett-packard and selling that relative underperformance, not just against the broader market but a

strongly, much later this year, if in fact there are no signs that the turnaround undertaken by ceo meg whitmans finding success but at this point they are not interested in trying to break up this company in any way, shape or form. no surprise that bankers got to do their job and make incoming or outgoing phone calls to companies and see if there's any interest. that's how they get paid. >> absolutely. david, thanks so much. as you saw, the market has been worsening as the david has been talking down. the market down 36 opinion on the dow jones industrial average. we are right about 30 minutes before the closing bell sounds for the day. former senator alan simpson told me yesterday he didn't think the republicans should use the debt ceiling as leverage to cut spending. >> i think that would be a grave mistake. i don't think that would solve anything. i know they are going to try it, and how far you go with that game of chicken i have no idea. >> and more and more republicans are agreeing with him, but utah governor gary herbert, he's not one of them. find out why he's willing to play that game

meg whitman is not in a selling mode for the most part to keep things integrated, but did say thingselp with objective may be on the table. this may be one of those cases. right now for%, what a move in today for hewlett-packard with the dow component. dow jones industrials not budging right now. back to you. ashley: not one bit. nicole, thank you very much. homeowners or home builders definitely feeling confident about the future. their stocks have been climbing. is there more upside ahead? that is next. tracy: a look at the winners and losers on the nasdaq heading out to break. apple as shibani joshi has been reporting, a nice turnaround. we will be right back. ashley: homebuilder confidence held steady at a new seven-year high in january according to the latest national association of homebuilders survey, so what does this mean for the house recovery in the recent run-up in stocks? a senior analyst. thank you for joining us. believe it or not, homebuilder was one of the best performing sectors in 2012. we are seeing signs of a recovery, no doubt about it. what can we expect for th

. >>> meg whitman made more than $15 million during her first full year as ceo of hewlett pack pack packard. she took over in september of 2011. >>> the treasury department says it will not be minting a special trillion dollar coin to get around the debt. the treasury department however says the law does not allow it to make a coin for that purpose. >>> san jose sharks will be back at practice after the lockout is over. attorneys completed an official memo of understanding between players and owners last night. teams will get six days of practice before the 48 game season begins next saturday. here's a look at the shark schedule. the team will start off in calgary next sunday the 20th. then they play in ed monoton. the last game of the regular season will be saturday april 27th in los angeles. tickets for individual games go on sale on wednesday. >>> mayor of sacramento says he can raise the money needed to keep the kings from moving to seattle. kevin johnson told usa today he's working with billionaires ron burke l and mark to raise $425 to $450 million. this comes after a seattle based gr

hewlett-packard has not learned their lesson as they appointed meg whitman who spent over $170,000 with? >> stephanie: do not repeat the unkind speculation you repeated during the gubernatorial campaign. >> i don't remember that. >> stephanie: about the fact that she has a forehead so wide you could show a movie on it. >> sure, with your iphone. >> she's all gums. >> stephanie: you see? what did i tell you? do not repeat the things. >> she's like meg ryan. she's all gums. >> stephanie: i tricked you into that. [ laughter ] >> stephanie: yes, sir is i sent me a new -- jesse sent me -- future husband stack meets drunk stack. is one of your new year's resolution make the police pay for something that is dumb. one guy broke into wine world using a giant boulder in broad daylight. the guy who was wearing red gloves and likely enough fully sober from the new year's eve festivities in police custody. the entire front of the store was glass. he was throwing it over and over and it wouldn't break. so he finally gave up. meanwhile, across the street, there were people filming him with iphones the

if hp breaks up or just realized to its full potential under meg whitman, $29 a share is what he's peggingsis at. >> when you pronounce something dead, whether sprint versus verizon and at&t versus clearwire, what we discover is there's a resilience even to companies that we basically think don't have anything cooking. i have been very negative on hewlett-packard after i listened to tony, after i read that report, i said if you're negative on it, this is nokia at 2, research in motion at 7. stop it. you won the war. move on. there are other negative wars to fight. but not those. >> so you think that's reached some sort of a bottom. >> yes. yes, i do. this was a very considered piece saying there's real value here. so i step back and i say the stock has down 44% last year. reasonable i think it would stabilize. >> take a look at shares of apple. 707 million subscribers in china. more than 660% of the market. we don't know what they talked about. they talked about cooperation in china and of course that's the next catalyst. a deal with china mobile to get the iphone on to that network. >> ge