to buy calgary-based nexen. darren gersh looks at what's at stake as chinese state-owned companies flex their financial muscle. >> reporter: it is no secret the chinese government is eager to secure natural resource assets around the world. but the canadians and many other governments have growing concerns about state-owned chinese companies snapping up their oil resources by buying companies like nexen. >> i don't think it looks good for nexen shareholders right now. that doesn't mean that c.n.o.o.c. can't come in and sweeten the deal, try to make some additional concessions to the canadian government, but i would say the deal is definitely in jeopardy at this point. >> reporter: the chinese do have the cash to up their bid to win canadian approval, but even if the nexen de falls throu, chinese companies will be looking to make more big deals. >> the chinese have a really "going out" policy towards investment. they have awakened to the fact that you can make a lot of money outside of china and they've got all t

. >> i don't think it looks good for nexen shareholders rit now. that doesn't mean that c.n.o.o.c. can't come in and sweeten the deal, try to make some additional concessions to the canadian government, b. i would say the deal is definitely in jeopardy at this point. >> reporter: the chinese do have the cash to up their bid to win canadian approval, but even if the nexen deal falls through, chin ie companies will bech lookg to make more big deals. >> the chinese have a really "going out" policy towards investment. they have awakened to the fact that you can make a lot of money outside of china and they've gok all these reserves that they'd like to make more bucks on. >> reporter: the u.s. government is expected to begin a second security review of c.n.o.o.c.'s offer for nexen focusing on the company's oil leases in the gulf of mexico. as they increasingly go toe-to- e with u.s. companies around the world, chinese state-ownede companies present a crucial challenge to u.s. policy makers. >> and that's creating pressure not only politically, but also

paulson's extremely optimistic about this cnook/nexen deal. i think for good reason.-nook has spent a considerable amount of money lobbying on this deal. that's why he's so optimistic. i do have a lot clients that are playing this. this is going bigfoot interesting why based on a price of 23.35 there's a pretty good upside potential here. >> all right. steve, thank you very much. you are always welcome at the adult table, by the way. >>> let's hit the biggest pops and drops in midday trading. a name not that we talk about too much, cerner, big pop. >> the quarter wasn't great. didn't necessitate what we've seen. it's sold off the last couple of months. even with the move today, a story worth watching. i do think it's a stock that's continually worth owning. >> drop -- decker's, maker of the ugg boot. keith -- you're not just a customer. >> yeah. i don't know -- i know tom brady can't hold the stock up anymore. the problem is now their guidance, 33% below what they had had previously. people expected 9% to 10%. it's 33%. that's a bad thing. stay away from the name. >>

so we look at the skulls of war still visible in vietnam almost four decades after former present nexen called it a day. in japan the average height for men is one hundred eighty two centimeters ten centimeters shorter because of that some employers refused to hire me one of them even told me directly that i was too short to deal with the client's computers already spent three months in this hospital and plans to stay for another four to add the coveted seven santa majors to his stature invented by the famed soviet orthopedic is good for you is there a for the night in the fifty's these frames were initially used to treat fractures in deformities by cutting bones and slowly pulling them up or therefore stimulating tissue regeneration it was out of was able to receive arms and legs and people who thought they were crippled for life be sent to the other patients shattered bones and in many cases their shattered lives will go when professor designed his first brain using bicycle parts sixty years later he says invention is increasingly being used to help people quite eager to fracture thei

. >> nexen will happen? >> let me show you the sentiments of most people.y expect it will close. most assets are not in canada. that's important. of course, there are some in the u.s. in the gulf of mectionco. they say cnooc is a publicly traded company. a lot of concern with state-owned enterprise in terms of investment canada and so-called net benefit is needs to approve a deal. cn cnooc has been proactive. maximum amount of oil and gas that can be sold from nexen into canada, no communist parties on the board. we'll see, but a bit of upset in risk arb in part due to that unexpected, unexpected delay or -- well, let's call it a delay right now and see on the part of petronas and progress. by the way, when it comes to risk arb they've been taking it on pcs which went down sharply, potential overbid from sprint went away for the most part with the soft bank deal. not even the liking of dgt, dollar thrifty group down because in terms of the ftc review of the deal with hertz. >> this is making people question whether canada is really open for investment and w

. >>> canada's government will extend a review of cnooc's takeover of nexen by 30 days.illion deal would be china's largest foreign acquisition in history. the purchase would give china a major foothold in canada's lucrative oil sands region. >>> natural gas prices fell back from early highs following a forecast from the national commodities weather group. it calls for above normal temperatures across the country through october 26th, that is, lowering estimates heating demand just for that time period. >>> all right, take that joe biden and paul ryan. think their debate was intense? a debate last night. you have to see this, between two california congressman got so physical the cops had to step in. we have details on that. coming up. you never have too much money. >> it is time for spare change. thank you for coming on. >> if this mercedes birthday if you think vice president by then and paul ryan had day he did debate this is brad sherman and howard berman over a federal immigration bill. would this make you less inclined? watch. he will get very mad. >>acho man. he k

. >>> canada's government will extend a review of cnooc's takeover of nexen by 30 days.eal would be china's largest foreign acquisition in history. the purchase would give china a major foothold in canada's lucrative oil sands region. >>> natural gas prices fell back from early highs following a forecast from the national commodities weather group. it calls for above normal temperatures across the country through october 26th, that is, lowering estimates heating demand just for that time period. >>> all right, take that joe biden and paul ryan. think their debate was intense? a debate last night. you have to see this, between two california congressman got so physical the cops had to step in. we have details on that. coming up. you never have too much money. ♪ energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well s

. >> a reuters story suggested the seanook-nexen deal may be in jeopardy because the canadian government recent $5 billion offer for canada's progress energy. they have a law that says any deal that's done with a canadian company with a foreign buyer it has to be a net gain for canada. >>> goldman sachs is failing on the "b" and the "i" on the term brics it did in fact coin a couple years ago. >> these funds haven't even been around long. >> they only launched them last year. they launched four of them along with a china fund. they're keeping the china fund but they are shuttering the south korean, indian and also brazilian mutual funds. problem is since they launched them they've only been able to garner less than $10 million, or around $10 million. >> that's million with an "m," not "b." >> for goldman, that's an epic fail. no, maybe it is the tipping point for etfs. >>> investors are waiting for the big announcement from apple tomorrow regarding the ipad mini. you will be there. more and more kids like ours are using tablets like the ipad. what's that mean for the poor old traditional

nexen did meet third quarter production and will meet the annual production guidance. quarterly cash flow from operations decreased to $560 million. and i think they're also talking about they say if they continue to expect senior operation to close fourth quarter of this year. meanwhile credit suisse targeting an extra 1 billion swiss francs in cost savings after a slide in fourth quarter earnings. a $5 million write down in properties losses. also the loss of usa patent and top selling blood pressure drug has hurt novartis earnings. net sales down 2% missing forecasts. astrazeneca also reported a 19% slide. worse than expected, but it wasn't all bad news. sanofi raised its full year outlook after posting a 3% rise in sales in the period. and in the auto sector, daimler cited worsening market conditions. the group says it will miss its 2013 draft by 1 billion euros. investors will be keeping their eyes on renault and in talks ov a plant in the uk. also the indian automaker shares extending gains to more than 2% today. the quarterly net profit 9 bell i don't know rupee

sales of nexen are down sharply by 10.5%. we have earnings coming in, joe? caterpillar giving us a number of 2.54 versus an expectation of 2.22, however, the outlook for $9, the $9.25 for the full year is below expectations of $9.40. the revenue number is also $16.45 billion, this is one of the things we saw last week that caused the trepidation on friday with mcdonalds and ge to a lesser extent after all was said and done, it was a weak revenue number, 16.45 versus 16.77. the company sees full year at $16.77, and you saw the stock immediately trading lower on these numbers. previous outlook for sales and revenue for 2012 was 68 billion to 70 billion. they said 6 to8 to 70, and now talking 66 so they're saying 66 now and they had been at 68 to 70 so that's $4 billion less and we're talking about just one quarter being left, just the fourth quarter being left so. >> caterpillar has been open about the concerns they have and the global headwinds that are facing them. in fact the chairman and ceo doug oberhelman will be joining us in a half hour says in the rel