melissa: yeah. what does that tell you flavor of these earnings, companies coming in and guidance not being as strong as the street would like? the stocks don't look that positive in trading afterwards? what is the overall take away from that tone? >> first of all you have to realize something like ebay is called a category killer. it is very hard to compete with but a good company doesn't always make a good stock. sometimes things are discounted in the price after it has run up for quite a while. when earnings come out even when they're good earnings sometimes the stock tops out. right now looks like stocks have been correcting for the past few weeks even though the dow has masked that somewhat. melissa: scott's what your reaction to the color dennis gave us? >> i think it is good color. i'll tell you what, melissa. here's what companies are doing these days. it is kind of becoming a tired story in my opinion. they're beating on bottom line. after you take out all the costs and margins and stuff th

ashley: melissa francis is next. melissa: i'm melissa francis and who made money today. anyone refusing to believe this rally peaked. the fed released the fomc minutes early. they gave little time that the fed will end stimulus measures anytime soon. the news helped set stocks soaring. the dow set a new record high, the 13th for the year. if you owned shares of metropcs. shareholders balked at a takeover bid by deutsche telekom but reportedly planning to sweet the deal with a new offer. shares of metropcs jumped more than 3% on the news. they're up 16% this year. congratulations. >>> also making money justin timberlake as if he needs it. he opened a tribute to soul music at white house. he is definitely not singing the blues today. his new album, the 2020 experience, is at the top of the billboard chats charts for the third straight week. even when they say it's not it is always about money. melissa: so we start tonight making you money. the bitcoin is going bananas. we told but the virtual currency and its meet record i can rise last thursday. do you remember this? >> i

of. >> thank, melissa. melissa: i'm just kidding.ou fly on a 787 now that their batteries are, you know, fixed? we want to hear from more of you. facebook.com/melissa francis, or follow me on twitter. it's fun. melissa a. francis. now, we have got some breaking news on morgan stanley along with ratings from s&p and moody's. adam shapiro brings it all to us. >> reporter: you remember there was the settlement on friday with the plaintiffs who were suing the firms over bad ratings. well, according to "the wall street journal," that settlement of the two suits is actually going to cost $225 million. s&p and moody's are going to be paying that. and "the wall street journal" also reported that s&p, moody's as well as morgan stanley each paid 75 million to settle those lawsuits. the payout was kept confidential by the three firms. the plaintiffs, there were 14 in all, they were led by the ab -- abu dhabi investment firm. of but the news right now is that those two suiters, those suits are going to cost $225 million to settle on friday. the

melissa: u.s. auto sales surged in march with the big three posting the highest monthly car and truck sales since may of 2007. and it is not just strengthening economy that is driving sales higher. automakers are using new technology to reduce development costs and increase productivity. ford is leading the way using three-d printing machines for rapid prototyping. they're hoping some day regular consumers could print parts for their own ford vehicles? is that a amazing? we have the man behind ford's 3-d plipt printing program. he is technical innovate shuns leader. this is amazing technology. what is it being used for? >> thank you. it is a real pleasure to be here. it has been used really in two stages. one for the industrial side of production where we look at 3-d printing to make rapid prototypes and examine the prototypes before we go downstream and approve the designs. it is used for creating molds like we would for example, in sort of designing a part. and so it's used on that side. it is al

melissa: i'm melissa francis and here's "who made money today". u.s. homeowners. february home prices climbed the most in seven years! that is according to a new report from corelogic. they soared 10.2% from a year ago. pretty good. only four of the country's 100 largest metro areas did not see prices rise. also making money investors going ort on oil futures. oil saw its steepest one-day decle since november of last year. rising inventories and poor economic data fueled the selloff. crude settled down nearly 3% at 94.45 a barrel. you know who is not making money today? carnival cruises. the infamous triumph cruise ship broken loose from its moorings in an alabama shipyard. carnival said the triumph drift understood another cargo vessel and the ship's stern is damaged investors not looking timely on the news. carnival shares closed down 1.7%. even when they say it is a not it is always about money. melissa: we are starting tonight with president obama's new push for banks to make more mortgage loans to people with weaker credit. the president is hoping this will s

melissa: ego?ually wanting to be the best and wanting to outperform the people and benchmarks set for you. there is lot of pressure it perform. but that said, people realize that listen, at the risk of getting caught is high you will have fewer people engaging in questionable behavior. some of the things that have come about really come about, this is around 2006, 2007, behavior that we're reading about right now. you're also reading about a bunch of cases that all tied to the same group of people. so one person turning on another, turning on another. how accurate the information is or isn't and people's memories also isn't really clear. melissa: sam, ron said interesting thing, ego. >> correct. melissa: it is not about money. >> to quote michael douglas in wall street ii it is not% the money, it is not the money, it is the game. money is one of the incentives to commit crime but not only the incentive. there is ego stature, a other reasons besides money. melissa: what if you made the point really

melissa: i'm melissa francis and here's "who made money today". warren buffett, berkshire hathaway owns a significant slice of mastercard. mastercard stock hit a record high today, climbing nearly 2%. buffett owns 405,000 shares of the company. that means he netted a one-day gain of $4.2 million. not bad. getting money today, apple. it sold $17 billion worth of bond. it's the largest non-bank bond deal in history. apple is planning to give $100 billion back to shareholders by the end of 2015. the bond sale will help finance it. those shareholders are not complaining today. the record bond sale helped apple's stock climb 3% the. >>> also making money, richard schulze. he is founder of best buy. best buy sold off its business interests in europe. shares soared 7%. the schultz owns a 20% stake in the company. that means he score ad gain of $125.5 million today. what. even when they say it's not, it is always about money. melissa: all right our top story tonight, talk about some serious economic mood swings? some big data points coming in today. consu

melissa: "money" with melissa francis is next. melissa: i am melissa francis and here is to make money today. investors short alcoa, the aluminum giant kicked off earnings season after the bell. alcoa says it is optimistic it will have a better year than 2012. shares trading down after hours. investors and pharmaceuticals are rolling in the money. chinese regulator is approved an antiviral drug as three more infections of the deadly new strain of the bird flu reported in china today. shares soared up more than 10% based on 35% of the past week. you are happy if own that. also, the former athletic director of rutgers was fired over the mi mike rice scandal. but he's getting $11.2 million in salary and also getting an ipad, car allowance, health insurance. you're welcome, new jersey taxpayers. even when they say it is not, it is always about "money." ♪ melissa: all right, starting off, a critical week for the market has just begun, and will be a surefire test of investors optimism for sure. stocks, what is expected to be a weaker ea

melissa: i'm melissa francis and here is "who made money today". investors betting on the death of the pc. first quarter shipments plunged 14% compared to last year. it is the steepest drop since idc research began tracking the data in 199. the news hammered shares of hewlett-packard, microsoft and intel. >>> also making money, mel karmazin, serious xm ceo cashing in on previously awarded stock optionses to the tune of 244 million bucks that is in addition to the $12 million in salaries and bonuses for his final year at the helm. not too bad, mel. nice job. shares of cirrus km are up 40% over the past year. that is why he is getting the cash. >>> losing money today, boston red sox, 820 game sellout streak came to an end against the baltimore orioles. it began on may 15th of 2003. even when they say it is not it is always about money. melissa: looking unstopable. dow notch the its third straight record close up 120% since march of 2009 to another record high, 14,000, 865. this is all despite huge losses from dow components like microsoft and hewlett

. ♪ melissa: i'm melissa francis.ere's who made money today, mcdonald's ceo, donald thompson, the 2012 exe sages soared to $13.8 million, more than triple what he was paid in 20 # 11, and thompson earning his keep with stocks up 17% this year. very nice. losing money and shirts, today, gold bond. technical selling made gold nose dive into bear market territory losing $63 an ounce selling at the lowest level since july of 2011. wow. you know who is all "money" today? china, an 8th grader, 14 years old, the youngest kid to play in the masters shooting 4-over-par, and currntly projected to just make the cut for the weekend, but after ridiculous slope play penalty, let the endorsement awards begin. up real. when they say it's not, it's always about "money." ♪ melissa: today, two of the biggest banks kicked off the bank earning season, jpmorgan chase reported first quarter profits better than expected, but shrinks revenues spoke volumes about the state of the recovery and what the rest of earning season brings. here to bre

teeseven "money with melissa francis" with melissa francis is next. melissa: and breaking news. [laughter] has more on this. >> reporter: well, the redemption date for investors to pull their money out of acc capital was set inmate. you were talking about that big day, blackstone big investor was worry that that did not give them enough time to assess whether steve cohen and as a safe -- sac capitol would be indicted. a lot of people believed, the government as well, that july is when the statute of limitation on most of those suspicious trades in this. that means they need more time to assess whether steve cohen will be indicted, as sac agree to move its august, so we will know. this is why this summer is so important. melissa: of big deal, and to give our viewers the back story, the head of sac capitol. melissa: one of the biggest hedge funds. speculation has been swirling about an investigation into insider trading. >> reporter: that speculation is whether he will be indicted. the suspicious trades in question are from 2008. a 5-year statute of limitations. the statute of

. ♪ melissa: i'm melissa francis and here's "who made money today".estors with low buy limit orders on the dow. the associated press twitter account was hacked earlier today in case you didn't hear. a fake tweet reported that the white house had been attacked and investors sold first and asked questions later. the dow was trading around the 1414,700 mark before it happened. it plunged. 14 points in two minutes before snapping back. if you had a buy order for a dow index fund in the lower range, that dip you see there, you made money. also making money, carl icahn the billionaire investor owns a 9.9% stake in netflix. is reported a surprise surge in new subscribers last quarter. netflix shares soared more than 24% on the news. that means icahn net ad one-day gain, wait for it, $236 million. wow! nascar driver juan montoya making money from an unusual source this weekend. they will be his new sponsor of the sprint russ race saturday. clearly when they say it's not it is always about money. melissa: our top story tonight, apple earnings are out. their co

melissa: why?hat do you see in the market that makes you think that. >> well the bloomberg study that says jamie dimon and other megabanks have an $83 billion subsidy advantage in terms of costs and funds. it is unfair advantage that is allowing them to grow and dominate the banking sector, even more. so yes, jamie dimon wants us to wait five or 10 years. by that time, the only thing that will exist is the pleg ga banks is my fear. melissa: but i don't understand how that cures this problem? because there aren't a lot of people who necessarily believe in that $83 billion figure. a lot of it has to do with federal reserve rates and we have asked mr. dimon about the idea of raising rates. he is very comfortable with that and would help his business plan. i'm not sure these are the same things at all. >> well, first of all, to go back to your notion that people don't believe in this figure, there are three independent studies by outside groups that say there's a too big to fail sunsy did i in favor of

melissa? melissa: sad news. dennis kneale, thanks so much. americans are still in shock over the tragic events at yesterday' boston marathon. one thing that we learned from the attack that no place is safe from heartless acts of terrorism. will americans be wary of attendinbig sporting events in the future? and what are sports teams doing to make sure fans feel safe at events? for more on this fox business exclusion safe. let'salk to the cosowner of the boston celtics. thanks for coming on the though. >> thanks for having me. melissa: i sure you feel a sense of responsibility for people come watch to your games and your eloyees. what are you doing to make them safe and feel safe? that might be two different questions? >> well the n has a lots of experience with security and doe a fantastic job. wee on the highest level for these kind of events and so far there's not been an issue. so i'm sure, the president of the garden and plus the combination of the nba will have heighted security and everyone will be safe. melissa: does it change the way

melissa: yeah.t's azy. trading at 216, it had closed at 174, so exploding. >> it really is. melissa: we're talking about netflix. >> oh, okay. [laughter] the point is it's one of these names where, you know, there's a 4% short position, so the audience should know that. people bet against it, so a pretty large bet that they weren't going to make it. stock's already made a big move from lows earlier, adam referenced how everyone had given up on in this company, and once again they've sort of reinvented themselves. melissa: no, absolutely, and,, you know, than, one -- jonathan, they spent $100 million on just two seasons of this show. and while it's phenomenal, that is a lot of money to make back. are they going to do it? >> it is, melissa, but it's one of the only pieces of content out there that is getting a lot of buzz, getting a lot of eyeballs, and charles and adam's point, you've really got to hand it to netflix. thai not only reinevented the company, but they're reinventing the media distributi

melissa: i'm melissa francis and here's "who made money today". gold bugs. they got crushed this year but they finally have something to celebrate today. gold scored its biggest one day percentage gain since last june. physical demand and global economic concerns helped fuel its 2.7% rally. but losing money today, anyone who owns jetblue. as if the flight delays from the faa furlough weren't bad enough, its first-quarter earnings missed expectations, rising costs bit into the company's bottom line. jetblue shares sunk close to 5% on the news. not good. for the year though, the stock is up nearly 20%. so you got something there. and revving up a big money game the ceo of general motors company 2012 earnings fell compared to 2011. dan beinger son his 2012 compensation jumped 44% to $11.1 million. not bad for a company once called government motors. even when they say it is not it is always about money so we all know sometime is money and none of us have any to waste. what is happening to travelers at airports across the country, certainly has airline industry

. ♪ melissa: i'm melissa francis, and here is to make "money" today. investors in u.s.rinity -- improve for the u.s. ten year. the yield fell ten basis points. you see that today. that is the lowest since last december, also making "money," boeing shareholders, a successful test flight was completed a short time ago. a test fix did -- testing this fix of the ion batteries. the largest gainer on the down not making noted -- money. most of them were fired. we are sorry about that. $200 million of government loans over the years. on the brink of bankruptcy. not a good friday. even when they say it's not come it's always about "money." ♪ melissa: had a double whammy. the stock market and job market took a big hit. labor participation rate is at its lowest level since 1979. the last time we saw numbers like this the shot of iran was being overthrown in that price of gas was $0.63. in honor of that. ♪ >> welcome back, welcome back, welcome back. melissa: welcome back to the 70's, but seriously. he doesn't jobs added in the month of march, not even close to the estimate of 200

melissa: okay. so as you saw, they said they will be giving us that video we were talking about in a couple minutes and we'll take the press conference live as soon as it starts but it will be another five or ten minutes. in the meantime we want to tell you "who made money today". investors still shorting apple. the stock plunged again to close at $392. this is the first time apple shares have closed below 400 since december of 2011. also losing money today, just about anybody who owns stocks! a rough day on wall street. the dow took another dive falling more than 81 points. all three major indices closed in the red but one company is getting money today. that is embattled retailer jcpenney. they have been in desperate need of cash lately. rumors they might be getting it in the form after $500 million loan from wells fargo. we'll keep an eye on that because even when they say it's not it is always about money. all right, tech trinity, google, ibm and microsoft reported earnings. latest from the brea

melissa: coming up. the suspects are from chechnya, why that link is critical to to investigators, coming up. i turned 65 last week. the math of retirement is different today. moy has to last longer. i don't want to pour over pie charts all day. i want to travel, and i want the income to do it. ishares incomes etfs. w cost and diversifi. find out why nine out ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes invement objectives,ock. risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principa >> he put a shame on our family. he put a shame on the entire chechenningnesning ethnicity. melissa: that was the uncle of boston bombing suspects making very anguished and heated comments about the shame he feels about his nephew's possible role in the boston bombing. there are so many questions out there. why they would do this, and what it would do with our already tense

back to melissa and lori. melissa: thank you. take care.can read your e-mails and tax without a warrant. the fourth warrant does not protect internet communication. i am a little nervous. i never cheat on my taxes so i have nothing to be nervous about. >> here is the test. if you and lori sent an e-mail to each other, do you subjectively expected to be private? melissa: i expect it to be private if it is not all my work e-mail. >> do you think her expectation is a reasonable expectation? lori: i think it is private. we e-mail quite often. i know she is professional. it is okay for everyone to see. if i am initiated the e-mail, it may be a whole different story. >> do you believe your e-mail is private and does that make sense that it would be private? if you are e-mailing the fox business network to tell your opinion, would that be expected to be private? no. if you are on facebook telling everyone you are going to the soccer game in rome, that would not be private. if you say i am going to roll this week to go to the best restaurants and t

melissa: welcome. i am melissa francis. lori: hello. i am lori rothman. melissa: blaming the sequester for flight delay. it is just another example of shoddy management by the faa. lori: gas prices are tank. why good news may still be on the way. melissa: fed watchers in full speculation mode as bernanke has he will skip jackson hole. a first for a federal chairman in 25 years. what does it mean? now, to the floor of the new york stock exchange. nicole petallides. nicole: we will get to some of the home builders in a second. right now you have a mixed market. the dow jones pulling back a bit. that 2.2%. last week was a rough week for the dow jones industrials. there is the tech heavy nasdaq. there is a look right now at how we have done so far. obviously, you can see that we have had a nice run this year. i wanted to also take a look at some of the homebuilders. we got in some existing home sales. pound .6% month over month. that is not good news there. the home prices that you saw word. back to you. lori: seasonally strong time of year for home sales. ov

now back to melissa and lori. melissa: thank you so much.controversy brewing over president obama's nominee for labor secretary tomas perez. days before senate confirmation hearing, a g.o.p. report criticizes perez for what they call a christia questionable de. joining us now, senator darrell issa. i want to catch up our audience as background, tom perez has been a champion of theory where racial discrimination is determined based on statistical outcome rather than on the specific case. while he was the head of the justice department, perez intervened to underwrite two complaints against the city of st. paul in exchange for st. paul dropping a supreme court case that challenged the impact directly. i guess the question in that is are you comfortable with somebody as labor secretary who doesn't trust the supreme court to decide what is legal? >> you've got it exactly right. interfere with the body we trust which is the supreme court to make a final decision on this. this interference he did it secretly, even so secretly he gave less than cand

back to you, melissa. melissa: still around $4. thanks so much. a tough start to the year for apple. goldman sachs is rubbing a little salt in the iphone maker's wounds. shibani joshi has the story. >> apple is off of there. goma moving from the conviction buy list. issuing a report today about apple saying the following, most recent product cycle has not driven the market share and new user growth we had anticipated and we believe apple may find it difficult as they hit consensus expectations in the march and june quarters. another reason goldman is cutting its estimates or think it could cut after this on apple is because of this whole china issue. apple has been under attack over the last three weeks accusing the cupertino company treating citizenemployees as second rate citizens. we recognize some people have lack of communication as arrogant, talking about the warranty policy as a sign we didn't care about the value of their feedback. we sincerely apologize to our customers for any concern or confusion we may have caused. there is very good r

melissa: okay. i'm taking that you will not share what the exciting numbers that you are looking for are? >> that is a fair statement. melissa: okay, all right, fair enough. the number one question i have from viewers as i told people all weekend that you were on the show is they want to know when you take back market share? if you look at smart phone subscriber market, february to last february, in 2012, you had 13% of the market, but in 2013, you only had 5.4%. can you take back market share and how much with the new phones? >> i think this is a discussion about the average temperature in a hospital, actually. you have to understand that we are a certain segment of blackberry that we're trying to target here, hyperconnected, multitasking receiver people; right? that have to get stuff done. that's segmentation in the market. i'm interested in the market share in the segments where i play with these products. that's what i'm looking at. i'm not in the 69, under $20 product as i said before. in that

melissa: all right.axman targeting the lunch lady while silicon valley's lavish cafeteria freebieses are causing the irs to drool. lori: the road to number one, louisville versus michigan, tonight's ncaa championship game by the numbers next. melissa: look at 10-year and 30-year as we head out to break. you look at the yield after dropping significantly last week and remains unchanged on the 10-year. we'll show you the 30-year as well. we'll be right back 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. why let erectile dysfunction get in your way? talk to your doctor about viagra.

melissa: and i am melissa francis. delays at the airport just pileup. lori: realizing what the affordable care act means. lou dobbs will wait in. congress will consider opting out. melissa: positive progress on the keystone pipeline. the chairman, congressman joins us as canada threatens to take its oil to asia if the u.s. does not act. lori: we are in the traders. it is back to the floor of the new york stock exchange. positive gains at the moment. nicole: up arrows across the board. the tech heavy nasdaq the best of the bunch. as far as economic data, we got in jobless claims. a little bit better than expected. news that the uk avoided a triple dip recession. that is good news. exxon is down 1%. 3m is down 2.25%. we talked about soft demand. when you talk about exxon, quarterly profit is up slightly. those are the two names that we are watching at the moment. back to you. lori: thank you. those were not the only companies reporting, of course. melissa: ups posting nearly a 7% profit. the shipping giant express concerns about the health of a global eco

melissa: thanks so much. lori: fbi confirms preliminary tests on a letter sent to president obama tested positive for ricin. rich edson has the latest. rich, when you hear news like this coming after the bombings in boston, you understand why the fear trade is in play here on wall stroat. >> absolutely. in washington, d.c. as well. this is the nation's capitol in a heightened state of sensitivity this after three suspicious packages now all clear from u.s. senate office buildings, a report we had brought you last hour. the u.s. capitol police have taken care of the packages in the senate office building that are now all cleared. the letters, one sent to the president of the united states, the other two a u.s. senator. this from the fbi saying filters in a second government mail screening facility, preliminarily tested positive for ricin this morning and mail from that facility is tested. there's no indication of a connection to the attack in boston. also, u.s. senator carl levin, a democrat of michigan, repor

melissa: happy friday. lori: big sell-off on wall street as the nation adds a paltry 88,000 new jobs, slowest number since june of last year. the market may have been bob gall, asset management is here on why he thinks the report is a chink in the armor of the economic recovery. lori: in the hunt for jobs americans are packing up and moving out. mayflower's c e o on why the residential moving business is up 16% year over year. melissa: california is criticized for being one of the least business friendly states. we will introduce you to one ceo who is ignoring the warning. lori: a busy hour for you. let's get you updated on the markets. deep sell-off underway. nicole petallides has the job report setting the tone. nicole: that is the thing we have been waiting for. everyone waits all month long for the monthly jobs report. when you get a headline number like what we got today, just seeing 88,000 jobs, in the $200,000 anticipated, traders on wall street baffled, futures tanking and the dow jones industrials,

now back to melissa and lori. ladies? melissa: thank you.dent obama unvailing the budget proposal to bring in an extra $680 billion in new tax revenue. what would that do to the struggling economy? time now for lou dobbs. >> i love the way you say that. this budget is not as advertised. it is a sad statement that this president neither has the capacity rhetorically, veerbly, to define a vision for america's future; nor the capacity or the wish to lay out a blueprint for the future because this is not it. it is, again, another wasted, squandered opportunity by the president to do so. he comes at us with higher taxes, another budget that does not balance within the foreseeable future, if that is not an oxy moron these days. it is a sad, sad document, and i think that mitch mcconnell, the senate minority leader, said it really best. it's just another wish list of left wing ideas that, frankly, fade into irrelevance, impotence, and disappointment. lori: but he ticked off democrats with proposes cuts to entitlements and planning dipper with repub

melissa: j.c. penney getting good news in its me legal battle, a judge ruled struggling retailer consult home products designed to the label daisy penny every day, macy's tried blocking the sale of the items while it appeals its previous ruling allowing it. macy's says it has exclusive rights, j.c. penney shares are rising on the news. melissa: you just got 1,000 times more attractive to all the nerds out there. this is the real. of it. they are also doing another star wars now that disney is involved trying to bring in the business acumen. charles: they paid $3 billion. lori: on the market. nicole on the floor of the stock exchange, tech center under pressure. nicole: it absolutely has and continuing to follow closely two names that are so familiar to so many viewers so let's kick it off with a look at apple, $395 and the nickel, and $400, and since last september over $700, pretty disappointed. there are some experts, we may want to pick up some here to even out those higher numbers where you pur

melissa: $24.4 billion is not enough. one of the biggest investors call the buyout offer inadequate. lori: lou dobbs weighs in on the unbelievable new report highlighting the wasteful duplication. melissa: take a look at metal. gold, silver and copper all trading higher right now. we will be right back. ♪ all stations come over to mission a for a final go. this 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 planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ melissa: it is time to make some money with charles payne this hour. charles, what do you have? charles: a good time to look at them before the street jobs that bandwagon on them. their relationships have gotten better. software maintenance and services is starting to come on real strong. their margins are really starting to expand. it is what gives you stock expansion, typically.

melissa: lauren, thanks so much.grain prices forcing hundreds of california dairy farmers out of business. next we'll introduce you to the so-called dairy queen who lost everything after 57 years in business. lori: the dow is actually climbing here, up 32 points. here is look at some winners and. zero in on facebook. a relieving announcement. we'll explain it a little later. shares up nearly 3%. back with more after this. [ jackie ] its just so frustrating... ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm fed up with always having to put my bladder's needs ahead of my daughter. ♪ so today, i'm finally talking to myoctor about overactive bladder symptoms. [ female announcer ] know that gotta go feeling? ask your doctor about prescription toviaz. one toviaz pill a day significantly reduces sudden urges and accidents, for 24 hours. if you have certain stomach problems or glaoma, or can not empty your bladd, you should not take toviaz. get emergency medical help right away if your face,

melissa: thank you so much. lori: jpmorgan chase, wells fargo, those without first quarter earnings. >> wells fargo trading down. both seeing signs of an economic recovery. they're reporting $1.59. you look at what they actually have as far as revenue for all the units within the bank. $25.8 billion. essentially, they are just about there. wells fargo, taking a look at them. ninety-two cents was the unadjusted share. the street not happy. 21.59 billion. this is a perfect way to sum it all up. jamie dimon said "small businesses remain cautious about the recovery and fiscal uncertainty are not investing their capital. back to you. lori: thank you so much. melissa: beating the street on first-quarter income. jpmorgan and wells fargo reporting a drop. demand is slowing. could this have a major impact on the banks going forward? joining us now is jim sinegal. thank you for joining us. what do you think about this trend and does it continue? >> yes. you know, i think it was something that was not unexpected. rates hav

melissa: that is amazing.e are talking about the power of twitter you see the market perhaps react and respond to that. it is back to where it was now. a major stock to watch today is netflix. shares soaring today. time to make some money with charles payne. did you see what just happened? charles: so unfortunate when these things happen. one of the most amazing stealth rallies in history. it is really sad, sad stuff. i netflix. [ laughter ] my daughter is at the house on sunday. she said she is getting rid of cable and doing netflix. this is an amazing quarter for the company. what was interesting, i would have put up a table of the membership and the profit sources. everyone talks about streaming right now. you would be surprised. dvds really did well for them. their core business. melissa: isn't this amazing, remember dvds? charles: their profits were 113 million. that almost rivals what they make from domestic streaming. it is absolutely amazing. the real buzz here is can it keep it going and can it contin

melissa: thank you, richard. coming up, we will get lou dobbs take off president obama's comments as well. lori: a peak week for earnings this season. my next guest warns you should be looking at just the bottom line. joining me now is christine shortt. welcome back to the show. how are we doing so far this quarter? >> bottom-line growth is faring pretty well. last time i was on, i said we were looking a range of four-5% by the end of the season. as you said, it is last peak week for earnings season. the belief by the end of the week, we will get him out 4% range. with that being said, certainly not a number to write home about. we are feeling a lot better than we were. lori: a lot of them were looking for revenue. >> a few weeks ago we were looking at revenue growth of about 4%. now, it is about half of that. that is in comparison to 60%. lori: is in europe? the mac it is europe. that is the excuse that companies are giving. it is something that companies are saying they worry about into the next quarter as well

melissa: yeah., that's right. how did all this get done so fast and will it fix the problem? no one better to ask than mary schiavo, former inspector general for the department of transportation. mary, welcome back to the show. this feels like to me one of my kids throws the biggest tantrum doesn't have to clean the room but sadly the taxpayer has to come pick up the mess. api interpreting it wrong? >> no, that is exactly correct. that is what will happen. rather than wisely redeploy resources from within air traffic control, and remember the duties of air traffic control have fallen 26.4%2002. that is the faa owes own number on the their own website. they will reappropriate and move around money categories from other things in the federal aviation administration. you can this was available all along. all you have to do, and i did it myself when i was inspector general. all you do go back to the committee in congress to say we need to reallocate some of the monies you have appropriated to my departm

i'm melissa harris-perry. yes, that melissa harris-perry. the melissa harris-perry who has