let's get to the new york stock exchange and nicole petallides. cole: yesterday was a new record all-time closing high. over the last hour or so, we have seen a little of a loss. the tech heavy nasdaq is the worst of the three. we have gotten our adp report numbers. not as many jobs were added as many had hoped. merck has been weighing on the dow jones industrials. right now about eight negative dow points come from mark. that is a disappointment. it is down about 2.5%. much like what we saw from pfizer yesterday. lori: thank you as always. you and 15. melissa: the move showing oil hit a record high. phil flynn is in the pits of the cme. do we have storage for all of the oil? >> we are running out of it. i can tell you that. it is all about the oil boom you will be talking about a little bit later. we are hearing concerns out of saudia arabia. they are getting nervous. should they expand, should they not. it is not all for the better. there are concerns about the economy right now. can the fed save the oil market right now? commodities are contract

this time it is time for stocks now and nicole petallides. loser last year on the dow jones industrials. now you have a slew of analysts who have all come on board today raising their price targets, raising their outlooks. they have been cutting costs. in addition to that, they talk about further layoffs. working hard on turning this one around. obviously, it was a big dog last year. this year, a big performer. do not forget, they are trying to make a comeback as well. lauren: bernie madoff changing his story on who exactly new first when it came to his over $17 billion fraud. our very own adam shapiro joins us with his fox business one-on-one interview. how did he look. >> he is a little thinner than when he went to jail. he looks very healthy, actually. this is a medium security prison. this is not a rough place, in his own words. that is how he looks. he sees a psychologist on a regular basis. the reason we came down, lauren, was because of the correspondence i have had with bernie madoff. also, because he sent me a letter in which he talk

nicole petallides about the big market swoon.g in with its report and bad economic numbers. looks like markets were neutral on the fed and very negative on the economy? >> we know we have very accommodative fed. they're ready it buy more or increase they're buying. adp numbers came in fewer than expected so that was good news and weak manufacturing numbers. that put a damper on things. david: facebook i have to have you be sort of psychic about it because we don't know numbers. market is down on facebook just about 1% today. what is the feeling? is facebook going it grow or is it going to shrink? >> we know facebook is out of favor lately. we hear more about the twitter and the like. that doesn't mean that facebook isn't great. we see the stock down 1.1%. mobile ad revenue, commerce, business, number of users, that is what people will look for in the quarterly report coming up after the bell. david: they're looking at oil. a lot of energy stocks, it was moving down towards the $80 range, came up above 90 at the end of the day. >>

nicole petallides. cole: if you are able out there on these two names, you are a little disappointed today. let's take a look, first at nordstrom. it is at its lowest point today. that was 5875. they cut their same store sales and revenue going forward. that is tough on those shares. then we have been watching jcpenney. trying to get the backing of goldman sachs financing which they did. they came out with numbers which were terrible. they have been weak. it is down about 2% right now. their earnings and revenue did miss expectations. 1840 is where they are trading right now. lori: nicole, many thanks. lori: fox business contributor phil flynn is in the pits of this cme. what do you think is holding gold back right now? >> i think it is the rising stock markets more than anything else. what do we need to head for, this market is going straight up. if you look at the physical market, even though the physical demand has pulled back, we are still seeing strong physical demand. at the same time, we are seein

we go to nicole petallides with more on market reaction. nicole: obviously traders are keeping a close eye on every word ben bernanke is saying today. more importantly the market is moving in relation to what he is saying which basically is for the near term they continued to print and signature tightening monetary policy could stall the recovery and with that we have seen the market's moving to record all time highs. i sound like a broken record as i say that day after day but that is what we are seeing, dow jones industrials moving above 15,500 and many names on the dow jones industrials are hitting new highs including bank of america, chevron, ge to name a few as we have levels of 15,542. another thing we should know is we were talking about these record highs, for people with 401(k)s, so much money sitting on the sidelines. people are nervous when the financial crisis, when they lost their money last time, people don't even know when to get in and are missing the rally. back to you. connell: back to the testimony of ben bernanke and sena

petallides. nicole: the s&p is eyeing its fifth straight day of gains and is 11th record of the year. the data has been getting closer and closer to 15,000. it is worth taking a look at mcdonald's. april same-store sales. right now, the stock is down about 1%. they did note that economic weakness that is still looming they are in europe. that affected their same-store sales numbers. however, here in the united states of america, they actually posted a small improvement. back to you. lori: nicole petallides, thank you very much. ashley: another week, another record for our inventory. phil flynn of price futures group in the pit of the cmd. >> traders want more. probably the most and 85 years. obviously, the strong stock maaket seems to be indicating a stronger market. if you look at the impact in gasoline and the heating oil, that is what has been getting a lot of play. it may be a sign that they expect gas to improve. ashley: brent and west texas crude is hitting the lowest level since january 2012. >>

lori: let's get to the new york stock exchange and nicole petallides. nicole: some firming economic news is certainly correct. we had a selloff last week. today, a different picture. the dow jones industrials of over 200 points today. twenty-nine of the 30 dow components have been in the green. case shiller numbers showing home prices on the rise. also, just looking at the u.s. dollar today. it is higher. also keeping an eye on tiffany. doing well with their sales numbers. coming in and beating the street. asia, in particular. it is worth noting games over in asia. they have the 175th anniversary. it ties into "the great gatsby." back to you. lori: thank you, nicole. melissa: stocks staging their sharpest gains in nearly five months. the s&p case shiller home price index coming in better than expected with a gain of 10.9% for march compared to last year. is this enough to keep the rally going? joining me now is david cho talk. thank you for coming on the show. let me challenge you on a few things that are out there right now. i was looking at this chart

dagen: nicole petallides. : a market that is looking great here on wall street. 170 points to the upside. a record-setting day. take a look also. linkedin just popped up. we are seeing shares falling today. revenue numbers did this. they have higher membership. that is some good news. the revenue guidance really is not good. it is good numbers, however, it is below that analyst estimates. they are down 10% today. year to date, lean in was up about 76%. pulling back about 10% today. dagen: thank you. connell: we have liz claman coming up. she has already spoke with warren buffett. dagen: the protests we have seen in europe over the last couple of years, most of it alluded by young adults who are not finding work. little improvement for young adults. take a look at how the world currencies are holding up against the dollar today. ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistin

let's head to the new york stock exchange and nicole petallides. nicole: we sell the dow jones industrial average today break through 15,400. it has since pulled back some. however, you still see these up arrows and a record-setting day on wall street. we are watching the s&p 500 over the last week or so. we have notice, once again you have seen the momentum continued to the upside. they have to wait in the momentum remains to the upside. there is a nice one week chart there for you. urban outfitters is coming under pressure. game stop and under -- game stop another one. they are saying by. lori: we continue to follow the jpmorgan news. jamie dimon keeping both roles. adam shapiro with the latest. >> up 2% today. yes, he does keep the role. 32% of shareholders voted for the split. let me interpret what this means. i want to introduce you to michael garland. he is representing the new york city pensioners. essentially, you were in favor of the split. that is down from last year. how should we interpret that. we expect a higher vote in last year. ulti

as we are at the bottom of the hour, let's go down to nicole petallides for stocks now. esigner shoe warehouse, it is all about the shoes. the current quarter, not that great. same-store sales the client. footwear accessories. their outlook are looking good. they raised their quarterly dividends 39%. extending a share repurchase program. that was set to expire in june. they are extending that. new high at these levels today. connell: there you go. and up stock in a down market. five suspects now under arrest. the biggest digital money laundering scheme in history. the suspects are from literary reserve. elizabeth macdonald is covering this story. she is joining us now. it puts this digital currency world in the crosshair. liz: in case anyone has been going in their personal wallet, they will want to pay attention very carefully. law enforcement is telling fox business there are more liberty reserve type businesses out there. >> liberty reserve was intentionally created and structured to facilitate criminal act committee. it was, essentially, a black market bank. liz: anyo

our own nicole petallides standing by. e dow adding to gains here. >> this is one of those days great for the bulls if you're loving it, you love 15,000. the dow jones industrials are up 69 points. this is record-setting day, historic day as we set new highs. look at disney right now. you can see disney is up 3/4 of 1% trading near the all-time high. we'll get numbers after the bell. analysts looking for earnings 77 cents a share. both earnings and revenue were supposed to be greater than they were big gains from a year ago. separately the company announced a deal with electronic arts. that will be one to watch. watch disney "after the bell." don't miss it at the 4:00 p.m. show. ladies, i can't resist, i'm a real patriot okay. first thing i noticed, does anybody see anything going on with melissa, lori and i here a little bit? lori: leave it to you, nicole. you leave no detail. melissa: i love it. you're the best. lori: if i had height like nicole, then it would be all good. you too, for that matter. who is taller you or ni

nicole petallides standing by. action as we have been watching, winners and losers on the dow. virtually flat down six points ever hitting record intraday all-time highs 15,391 getting closer and closer to 15,400. not too far off from those levels. today also taking a close look at coverage of a company with a buy rating and price target of $31 spun off by the dutch financials company in early may. $19.20 on may 2, breaking out, and in addition to saying it is attractive and undervalued also sang as a potential takeover target and that is a kind of language that gives the stock a bid. stuart: thank you very much. >> are there headwinds in the forecast? chief investment. ho-hum, and other intraday high for the record, what do you see the overall health of the stock market? >> there are five things to watch when we try to market and right now it is fueled by a lot of liquidity and positive momentum. we see credit spread still very tight, lenders still willing to lend, so all systems go. and of course momentum. we wil

nicole petallides standing by.

lori: nicole petallides with the tao flying back from the deep losses earlier today. nicole: the dow jones industrial virtually flat at the moment. the nasdaq down a%. at the lowest point this morning we have the dow at 15,180. 29 of the 30 stocks were lower with the exception of hewlett-packard soaring all day. the fed comments, ben bernanke was very wary of trying to hold back any stimulus and the policymakers on that committee seemed a little bit more likely they wouldn't mind cutting back. pushing the lowe's yesterday. we watched a show, down 7.3%. that is a huge, huge move but we should note a couple of things. moving on weak manufacturing numbers. one thing we should note is the nikkei is the best performance that we follow. back to you. lori: thank you very much. melissa: gold bugs are cheering. phil flynn in the pits of the cme. what is happening with gold today? phil: the stock market doesn't look like a sure thing anymore. they are now going back in. ben bernanke and the fed tapering down could mean tapering up and back and forth. it is making gold look more

let's start with nicole petallides at the new york stock exchange. cole: these markets have been at record highs. setting new records that we have not seen ever. you do see the nasdaq and s&p squeezing out some games here. we have had a very strong dollar. gold, for example is pretty extreme. you see two of the three are tech allergy. connell: let's reintroduce them. dagen: in los angeles, cofounder of the agency, in las vegas real estate attorney, miami, cofounder of the cuban company and barbara cochran is here in studio. you can now see her on "shark tank". the biggest issue is the thing that nobody can stop talking about. the lack of inventory. is it getting any >> it is not getting any better. we have half the number of houses this year as we had only 12 months ago. connell: let's get everyone's perspective. >> i agree with barbara 100%. we are seeing a lack of inventory. we are excited about some of the properties that we are bringing on board. dagen: stay on not really quickly. are you seeing any construction activity? >> we are starting to see

liz: let's go to nicole petallides at the new york stock exchange. like a lot of short-covering. heavily shorted names once again outperforming and causing pain for those trying to keep them down. >> they do outperform the market. what happens the shorts get squeezed, right? they were betting they were go the other way and they're forced to cover. names like gamestop up 4 1/2%. they are outpacing what we're seeing in the broader markets. question is will they continue to have to do this. david: we're slightly off the high. 124 wws the high. 111 points right now it may be trading to thedownside. talk about financials. jpmorgan had good news and they are leading the way for financials. >> financials have done very well. consumer staples and health care doing well this week. most sectors with up arrows. obviously a record day on wall street. another winning week. liz: they may have a great shoe department but investors are not buying nord symptom's stock price they are weaker -- nordstrom. sales stoo l. >> volume not good and same-store sales are. [clos

nicole petallides is up next. nicole: i'm nicole petallides and fort melissa francis.me 85 today. gabba announced stronger than expected sales in april. shares rallied more than 5% on the news. owning 39 million shares. that means she made $85 million today. also making "money," pulse em, the u.s. government's court its biggest monthly surplus of five years. the budget surplus, said to be because of higher taxes and improving income. and ryan gosling making "money." warner brothers is buying the u.s. rights to a

nicole petallides on floor of the nyse. nicole?take a look here, ashley and lori, at thedown which at its highest point, broke through 15,500. traded as high as 15,542. it since pulled back. it was up 155 points today. now in negative territory. certainly the optimism here on wall street taking a little bit of a breather. the vix, fear index is to the upside. dollar is very strong. this is the kind of action we see when we have a strong dollar and equities and commodities sell off and that's what we're seeing in the 10-year bond at 0.21%. hewlett-packard, this dow component will come out with its quarterly numbers after the bell. some analysts are predicting bug miss on the revenue. they will be looking to see how much this company is spending on research and development. stay tuned to the 4:00 p.m. show. we'll have hewlett-packard and limited. two hot stocks to watch between now and 4:00. we'll bring you numbers as soon as they're available. that is the latest on the floor of the new york stock exchange. back to you. ashley: nicol

nicole petallides. nicole: we have a market rally underway.nto the green. up one percentage point. the s&p has of arrows. 1663. you did have bank of america, merrill lynch upgrading. tesla with news above the $100 mark. confidence numbers are the best we have seen in five years. altogether, after a week week last week, we will bounce back here. cheryl: we will see you 14 minutes from now. our next guest says it is more proof that there are plenty of reasons to be more bullish right now. we are up almost 200 points. we pulled back a little bit. what is standing out to you today? >> the fed will be signaling and doing a lot of talking about their tapering. in the meantime, consumer confidence at a five year high. the recovery really is starting to take shape. that is giving the fed a lot of ammunition. they do not want to spook the market. i think we get more used to it. the market can withstand the feds exit. cheryl: we know that the fed will pull back. do you think -- they are kind of throwing up their hands already. >> they are doing a lot of

let's go back to nicole petallides. nicole: taking a look at disney.e a list of all the analysts that have upgraded. you see a down arrow here for disney. it looks pretty good here. the stock is down 1.8%. what we did see here is operating income declined. less advertising. the rest of it is all good news. the movies, espn, the future with ironman three and star wars. today, the stock is pulling back. back to you. connell: nicole petallides, thank you very much. dagen: the last time medicaid was updated, the beatles were the most popular in america. we will talk about this next. connell: a little help on the currencies first. ♪ a dry cleaner, we replaced people with a mawhat?. customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. [ whirring ] [ dog barks ] i want to treat mo dogs. ♪ our business needs more cases. [ male announcer ] where do you want to take your business? i need help selling art. [ male announcer ] from broad

nicole petallides at the new york stock exchange with a market that has the list from the better thanxpected durabl goods numbers. >> we have some aberration out of germany about confidence. we have had a couple of days of selling. that turns around. we are seeing is more selling, and then it really feeds into this people who says smart mone has begun to sell. the market is taking a little bit of a breather. no one really knows. you are seeing at down arrow. we have had four straight weeks of gains, but many were all-tim highs. today in this week you're seein it down arrow. we have seen the momentum changed immobile we're seeing o the dow jones industrial, 28 of the 30 names are lower. procter and gamble, the changin of the guard. for the most part it is selling across the board. dagen: now the latest on the ir scandal.3 the head of the tax-exempt division of the irs has been placed on administrative leave. she refused to resign. other words, taxpayers are now putting the bill for time off. senior economics writer at the wall street journal check your joins us now. so much to talk abo

nicole petallides has been on the floor of the new york stock exchange. also i imagine listening to press secretary jay carney. i do know, nicole you want to bring the latest on dell because it is moving markets. >> we're finding out from dow jones what numbers dell is expected to report, we're hearing first about earnings per share of 20 cents, versus the 35 cent analyst estimate. that looks like is it will be below. operating income of 600 million. back to you. lori: nicole, thanks so much for that. again the dow is up, markets are rallying today. we'll be back with more after this. everyone's retirement dream is different; how we get there is not. we're americans. we work. we plan. ameriprise advisors can help you like they've helped millions of others. to help you retire your way, with confidence. ♪ that's what ameriprise financial does. tt's what they can do with you. let's get to work. ameriprise financial. more within reach. let's get to work. .. melissa: north america american oil production will dominate worldwide supply growth over the next five

let's go to nicole petallides. nicole: good morning.et's talk about what we are seeing here with the major market action. record after record. you do see the diversions. the dow is slightly down. all three of our major averages are less than one tenth of 1% away from the unchanged line. this wait and see type of mode. we will get to that, obviously, this is a top story in business where you have yahoo! buying tumblr. it is great to get young generations to yahoo!. good news there for them. the stock is up one quarter of 1%. we continue to follow other stories such as boeing and campbell's soup. back to you. connell: thank you, nicole. dagen: the white house knew about the irs targeting campaign as early as april. connell: all of this comes as lawmakers on both sides of the aisle are working to find out who is responsible. there are two more hearings this week on capitol hill. that is where peter barnes is. peter: who knew what and when did they know it? they will try to dig into those questions this week. as you recall, the president sa

nicole petallides. cole: during earnings seasons, sometimes you get reports of big winners and losers. green mountain coffee roasters are soaring today. 26%. they raised their full-year outlook for earnings. they expanded their relationship with starbucks for five years. a new high therefore green mountain. we are also taking a look at tesla. they got some really positive comments. back to you. ashley: thank you, nicole. lori: making money with charles payne. charles: first of all, orbitz reported a number a little bit better than what wall street was looking for. i like that already. orbitz has been somewhat loser of the big name. by the way, this was a hated stock from day one. it was a company called travel ports and luck stone took them private and then they spun this part out. it has always been a little bit ugly for these guys. priceline took over kayak. 6.9% of market share. this company is number three right now. kayak right now has a market cap at $1.6 billion. two times their market share with

nicole petallides at the new york stock exchange. were talking about laggers, but i'm going to talk about a real winner. tesla. this on the same day it hit another all-time high for tesla. it has been a real winner coming out with their latest numbers, actually posted a profit, it's first profit ever. the stock is up almost 11% at the moment but posted their first profit ever with great numbers out of consumer reports giving them a 99 out of 100, their highest rating ever. last time was years ago for alexis, but obviously toting the tesla model which is why you are seeing the stock reflecting the profits and the positive comments from consumer reports. back to you. ashley: thank you so much. >> some members of generation y were as young as 13. at the height of the financial crisis only 13 years old. the new study shows they are planning for their retirement. gerri willis is here with details. gerri: on and dad did a horrible job, now they will be better. this is what a study found, that people have $55,000 saved for retirement. i can'

nicole petallides at the top of the hour from the new york stock exchange. nicole: good morning. taking a look at a market with green arrows, the dow back above the 15,000 mark where it was last friday. set a new all-time record intraday highs. the nasdaq hit an intraday high, but has since pulled back. a majority of stocks in the green. caterpillar, united health care, we've got a good news out of europe and we have seen some strength in the euro pulling back. gold down. connell: we're going to get to the cyber threat now. u.s. government and financial websites at risk. cyber attack today. anonymous hackers threatening to strike with what they are calling operation usa. the group says it will target nine federal government sites including the white house and defense department as well as 133 financial institutions. experts expect disruptions in the form of denial of service attacks. helping us out with this story once again, how serious should we be taking the events? >> very seriously. there is the attempt to mitigate this phenomenon. but coordination among the cyber movement c

nicole petallides is up next. nicole: i'm nicole petallides and fort melissa francis. here's some 85 today. gabba announced stronger than expected sales in april. shares rallied more than 5% on the news. owning 39 million shares. that means she made $85 million today. also making "money," pulse em, the u.s. government's court its biggest monthly surplus of five years. the budget surplus, said to be because of higher taxes and improving income. and ryan gosling making "money." warner brothers is buying the u.s. rights to a the four year debut according to deadles. how. warner brothers will pay 3 million bucks to be is distributor. even when they see it is not, it's always about "money." ♪ we start tonight with the power of "money" and the latest saga. the banking giant firing back at critics who want to split chairman and ceo jamie dimon dual roles saying the current structure is most effective for the bank. things seem to be getting worse by the date for jpmorgan and jamie dimon. the california attorney general is suing over how the bank collts credit-card debt. in the

let's go to nicole petallides at the nyse. sears losing about 14%, right? >> that's right.f gains over the last several weeks. this is a losing week on wall street, really bucking the trend and sears goes right in there, dave and liz. you're seeing it down 14% despite the fact it is a winner year-to-date. they came out with numbers that even the ceo says is completely unacceptable. they had losses that were bigger than expected. liz: proctor & gamble has struggled at least over the past couple years although recently was doing relatively decently. >> right. liz: none the less too controversial with the current ceo. they replaced that ceo. the stock we folk -- focused on because it is widely-held. >> it is a name we know. household you run to the store you're probably getting something from proctor & gamble. the changing of the guard. that helped proctor & gamble along. it is up 4%. adding over 20 positive dow points that helped to move this stock to higher levels ish by the way, that is new trend, bringing back old ceos the that we'll be talking about later this hour. tesla

particularly nicole petallides as i look at energy stocks.ing a boost out of the boost oil got today? >> no doubt about it. we saw the energy stocks really leading the way. the sector outperformed the markets. essentially up 4% has a sector. there are names such as valero and anadarko and conoco. wpx is another example of a real leader. some of these names of course setting multiyear highs. liz: look at barnes & noble. to see, i'm looking bkx, another 8% jump. report that big update coming to the nook. >> barnes & noble is volatile. thoughts microsoft would be interested in the rest of the nook and then they weren't. you saw it being jostled. now today is about an app and an update and that helped them a lot. david: i like that on a rainy monday. we're focusing on the up stocks. let's continue in the trend with jcpenney. they have been down a lot recently. they got a nice boost today. >> the news today is about a loan. so a new five-year term loan. that helps jcpenney. we've been watching jcpenney and their whole turnaround plan bit by bit. l

nicole petallides at the new york stock exchange. the pinpoint moment at 2:00 p.m. with the minutes of the fed, ben bernanke talking, other members of the fed talking when the market went below zero. >> we had from top to bottom today almost 280 points from the highest point to our lowest point of the day. the concern they could pull back a little bit putting a damper on things. liz: the stock has had a good run up. nicole: everybody's waiting to see the numbers. david: toll brothers had the best news of all. at one point it was up 8%. nicole: existing home sales, toll brothers came out with a great quarter. they could be merging with lehman markets, as we will watch that, a real winner. david: it was a whole lot better. up 175 points, we are now down about 80 points. triple digits at one point, it has recovered a bit from there. big turnaround, with the fed is planning to do, the fed may be planning not to buy as many bonds, that is what sense the market negative. all of the indices in the red. take a look at the russell 2000. the w

♪ >> i am nicole petallides.ment reform social security and medicare will be insolvent in 20 years according to reports issued by the trustees. it warns both programs and a significant finding challenges as the baby boom generation continues to retire. boeing creates new aircraft outside the traditional epicenter in the seattle area. that area in washington state south carolina and california will compete with each other for work based on the ability to supply skills out the lowest cost. makers markups you think the bourbon is good to the last drop. they will use the state of the art process to extract additional gallons of bourbon from the wood barrels. the new process is part of a plan of over $8 million of upgrades at the kentucky distillery's this is to try to meet the rising demand now we continue with a countdown to the closing bell and liz klay 97 --. liz: for everyone who said earnings season was not that exciting strong earnings bush several stocks higher let's check in on the floor of steve new york sto

nicole petallides on the floor of the new york stock exchange.ting for gains on the weekend before the long weekend. >> what is interesting, the dollar is weaker and we've had two straight days of selling. we haven't seen that in a few months. three in a row, three down arrows in a row for the dow jones industrials. this looks like a nail-biter for the last toum of hours here because we're down just five points on the dow jones industrials, s&p 500 and nasdaq are down nearly .2 of 1%. after we had weeks of up arrows for the dow. now obviously this week has been a losing week on wall street. this is one-week chart per comparing dow and s&p. the s&p is the biggest loser of the two. for the month both are clocking in gains of more than 4% each. so far so good for the major averages. as far as economic news, durable goods came in better than expected. we got in german confidence numbers with good news. the fed seems to take that in stride. but the big picture here is why have we had two straight days of selling and will this be the third. why haven't

let's head to the new york stock exchange and nicole petallides. through 15,400. it has since pulled back some. however, you still see these up arrows and a record-setting day on wall street.

need to get over to nicole petallides on the floor of the new york stock exchange looking at very important names in metric. nicole: think it is important to look at a couple of names, a couple of names that correlate in some way, shape or form to the job market. monster worldwide up about 6%, linked in now moving today. you can see it is down a whopping 13%. if you own linked in today from your disappointed with this move, down $24. however the bright side of it, it had higher membership, premium subscriptions, but as i noted the guidance is below the analyst estimates. liz: i am one of their influencers, so i hope you will check out my column. hear from warren buffett annual shareholder meeting. my next guest bought his first share many years ago and has never sold that, he is running his own business like a baby buffett and looks so young as well. >> thank you very much. nothing can change your lifestyle. liz: worth about $30 billion in assets under management. when they call you baby buffett, what do they mean by that? the way you buy stock, is a big question mark >> i've never heard it

nicole petallides on the new york stock exchange with how sony is reacting to this very focused call daniel low. nicole: we are seeing the stock moving to new annual highs today. the stock right now is up. it traded as high as 22.23. by the way, they have a huge stake in sony. they are saying spin it off. obviously, they are a film studio. even so, he would be willing to put up more money in order to do this. about a fifth of maybe up to almost $2 billion in order to do that. what is interesting is back in 2007, this was a $60 stock. obviously, it is great to see it jumping here, but people who have held it for the long-term. liz: doesn't this amaze you that it took -- splitting up the company to even move the needle. nicole: right. i remember when we had the ceo on. that was really the main question. liz: unbelievable. nicole: i have them all. liz: thank you very much. to major stories unfolding in washington, d.c. peeling off and onion layer. just moments ago, the "wall street journal" reported that the wall street department is launching a criminal investigation into the criminal

nicole petallides on the floor of the new york stock exchange. we just said we are flat-lined on the dow. >> right. at one point we were 15,302. so we surpassed all-time record down in history again, unless somebody surpasses that. -- composite is higher. also we're seeing the s&p 500 --. ashley: there you go. dipping in and out of nicole. sorry, nicole. tracy: just like the dow. dipping in and out of positive territory. ashley: said flat line and it went down. tracy: maybe i jinxed it. ashley: president obama, meantime wrapping up joint news conference at the white house with the turkish prime minister, where he talked about everything from the irs scandal to national security. so much to talk about. peter barnes joining us live from the white house with the latest. peter? >> that's right, ashley. on the irs scandal he said, quote, we are going to be able to fix it. he was asked specifically about whether or not there should be a special counsel appointed to investigate the irs scandal and he, shot the idea down. he said that he felt that, that

david: nicole petallides, it's david asman. how are you? good to see you.pping today. at one point up over 4%. i think they still are. >> reporter: they have a new game, need for speed. they're jumping on gamestop's good quarters, also waiting on numbers as well. my kids are can we go to gamestop, i need pokemon black and white. david: yep. and by the way, we have a little later on in this hour the head guy there at electronic arts who's the ceo, the head at the moment, peter moore, he's going to join us. we're going to have the numbers and the coo. liz: and, nicole, you know we're waiting on gap. of course, the stock has had a nice runup over the past year, let alone the past three months, but what do we need to hear as they go forward with these firms? >> reporter: you want to hear same-store numbers and lineup. trying to move that inventory out, a lot of the retailers talked about a cold winter into spring, and that put a damper on things. we'll see whether or not we hear that same rhetoric out of the gap which has done well over the last three months, u

let's go to nicole petallides on floor of the new york stock exchange. he numbers, nicole? >> yes we're taking a look at cbs in particular. for the quarter earnings per share came in 69 cents. beat the street by a penny. estimates were for 68 cents. revenue numbers they came in a little better, 4.40 billion versus estimates of 4.20 billion. closing value, 46.40. the ask, 46.9 to 47.14. so above the 47 mark which is a big deal. as far as network revenue that look good. that was higher year over year. big picture, publishing revenue was weaker. they did beat the street. as a result you're seeing stock trading higher here in the after-hours. david: a little higher. facebook is exactly where it ended the day. so things kind of even out. nicole petallides. thanks very much. let's head to back to liz at the milken conference in the hills of beverly. liz: thank you very much. it is a busy time here. guess what? companies all around the nation are reporting earnings as you heard about facebook, but mcgraw-hill, this is 125-year-old company just reported better th

now to nicole petallides. we have t-mobile. nicole: finally. finally.ok at what is happening to the stock. it is up about 5%. if you are putting in pcf, you will still get t-mobile. the combination makes a strong one. stuart: if i have verizon or at&t, why should i switch to t-mobile? nicole: i like that. that is a good question. stuart: the dow is now down. a weak economy means he will keep renting money. charles: i am not saying that is wrong. they are not looking at the fact that these companies are making their money. stuart: we have general motors stock on the screen. it is that $30 a share. sold out home ownership. it is now at the lowest level since 1995. only 65% of people on the home in which they live. that is down from 69% in 2009 it raises an obvious question. who is doing the buying? the answer is investors are buying single-family homes in america and then they are renting them out. what do you have to say on renting, charles? charles: it is heartbreaking. we have dropped out of the notion of getting married, having kids, going to work. ho

nicole petallides. s just chatting with one of the guys down here on the floor of the exchange, and we were talking about what we have seen on the major market averages the dow crossing 15,000 the s&p above the 1600 mark. it is interesting, a lot of people like the psychological levels but you talk about the 5097 and the s&p 500, that was revised. actually another person to follow closely saying if a close above 1604, that is good bullish signs. u.s. marines, thank you for your service. back to you. ashley: thank you very much, we appreciate that. oil closing up $1.62 at $95.61 per barrel. the second straight day of gai gains. oil picking up today. tracy: unemployment rate fell to 7.5% of the month of april as the u.s. economy added 165,000 jobs. rich edson reporting on these numbers inside the beltway since they came out this morning. rich: become a 114,000 more jobs thanks to better than reported growth in retail, leisure, hospitality and professional and business services. in april at 176,000 jobs wit

liz: thank you very much, nicole petallides.the number right now stands at 24 people dead today including some children after that ripped through an oklahoma city suburb. we showed you yesterday around this time as it developed, crushing everything in its path. here's the tornado path. now, we want to show you on this map here that continental resources is a multibillion dollar fuel company based in oklahoma city, very close to the tornado's destructive move. the continental chairman and ceo harold hamm is no stranger to these storms. he grew up in tornado alley. he has his business there. he joins me live in a fox business exclusive from oklahoma city. welcome, sir. and first off, let's is ask you right now, everybody at your company accounted for and safe? >> we are. that's the first thing we checked on was our own employees. we've had a very devastating storm here, and the first thing we wanted to know is our employees and their families, if they were okay. so that was the first order of business here. liz: and they're all ok

nicole petallides is up next. nicole: i'm nicole petallides and fort melissa francis. stronger than expected sales in april. shares rallied more than 5% on the news. owning 39 million shares. that means she made $85 million today. also making "money," pulse em, the u.s. government's court its biggest monthly surplus of five years. the budget surplus, said to be because of higher taxes and improving income. and ryan gosling making "money." warner brothers is buying the u.s. rights to

stuart: nicole petallides was on the floor when we had 15,000. 000. by the way, these say fox business on the back. we had 15,000. >> you cannot fight the fed. you cannot write the central banks. here we go. new highs. nicole: do you think we transpire or pullback? >> i have been looking for a correction. i think you will get a chance to buy them cheaper. i think the market will continue higher. i do not take we are done with that. i did not think that we would get here this quickly. it is great. stuart: thank you very much, indeed. 8:30 a.m. eastern time, we got the latest unemployment report. i will characterize that report as solid. it went down to 7.5%. it went down even though 210,000 people moved into the labor force. that is a reversal of the recent trend where people were dropping out of the labor force. 165,000 new jobs created last month. that is not a great number by any means. the numbers for february and march were revised sharply higher. 332,000 jobs in march. 138,000 jobs created. the participation rate stayed at a very low level. t

nicole petallides on the floor of the new york stock exchange. market keeps going. >> the market just won't quit. i was talking with john corpina of meridian equity partners before the bell. what do you think about the market and momentum remains to the upside? he agreed wholeheartedly that the risk on trade is here and nobody will short the environment. we've seen record day after record day. s&p 500 trading a as high as 1561. the dow jones industrials breaking through 15,300. let's look at names that have been on the move hitting new 52-week highs on the dow jones industrials. ten of 30 names, including jpmorgan, american express, bank of america, boeing, coca-cola, wal-mart, home depot, johnson & johnson, 3m and disney of the those are the dow components hitting 52-week highs and you have a slew more that continue to break some new records. it is a day on wall street where we continue to do very well despite some tough economic news this morning. ashley, tracy, back to you. tracy: despite everything that is going on in d.c. thanks, nicole. ashl

let's see what nicole petallides has to say. you have seen some big news here. n. you can see that zynga and groupon was jumping on that news. dennis: it is time to make some money with charles payne. he is shining the light on solar city. charles: it has a vertical integration. they just reported earnings earlier this morning. we had for insider buys. they bought almost 4 million shares. they will not earn any money for a while, but the estimates continue to improve. revenues were up 100% the last time they reported. gross margins the last time they reported 39.6% from a year ago 20%. that is monstrous. i think the margins will continue to expand. they have partners like home depot, walmart. this is a stock that is extraordinarily volatile, but i love the upside. cheryl: you mentioned sans power. we have the ceo coming on. charles: i did it on stewart's show at $11. today it is that $22. the solar companies that have survived, i think are real. i think they are learning how to get off government dependency. i just think the names that have survived our winners.

two nicole petallides, please. sears, the huge loser type. nicole: 18.5%.side. you hear the ceo talking about this in a conference call. this is not acceptable. the assets should be generating a significant profit. it still maintains a 15% gain this year. they blame the cold weather. we heard this from target. kmart customers, in particular, really felt the payroll tax. they blame that as well. stuart: it is kind of a real estate play. charles: it would be down significantly more if he did not own a giant amount of this stock. stuart: fix the stores up. dow jones industrials down 88-point this friday morning. thirty-six minutes into the session. i want to go back to the bridge collapse in washington state. there is a financial angle here. hundred million dollars of stimulus money in washington state was diverted to high-speed rail. you can see it right now. a span of a collapse overnight. no fatalities, by the way. $800 billion taken by washington state and diverted to high-speed rail. charles: washington state, that they come up with them, these guys need

dagen: we have nicole petallides at the new york stock exchange. nicole: we have completed april.he adp report came in weaker. we will continue to see what the committee will be saying. merck has been weighing on the dow jones industrials. the majority of the dow components are not moving dramatically. connell: thank you. adding the fewest number of jobs in seven months. there it is. is this a sign of an economic slowdown that is really on the way? >> yes. it is definitely a sign of an economic slowdown. particularly what was troubling is that manufacturing jobs. they appear to be down as opposed to providing some stimulus as they did in the past connell: that gives us something to talk about. this whole debate, the debate that is out there in the editorial pages, one of the things in the research was that they said rising levels of government that eventually lead to weaker economic growth. where do you stand on that? do we keep spending money like we are in the u.s.? >> i think the fed's policy will continue to move ahead. they are really committed to their long-term security pur

we're going to nicole petallides. ng the bike taken on those very good home sales this morning, existing home sales. nicole: existing homes sales moving to the highest level since november of 2009 bringing the group with it but the group has done so well this year but you can see told brothers is up 8%, pulte group also and what are gaining two%, told brothers to a new 52 week high as well but some of these names are up 50% and in some cases in 52 weeks up 100% and the group is running hot. stuart: hold on, charles, told brothers, a spectacular record. charles: the ceo says it accelerated significantly this quarter. it was the perfect quarter. i only saw one rushed wagon in the north, revenue of 40 from has an, a 57% in the south, 50 present in the west, contract values of 57% of the contracts. the backlog up 70%, the company owns more lots, everything you could imagine for a home builder is absolutely perfect. stuart: quickly i will get back to you in a second but look, the dow is up 90 points, we are closing in on 50

let's go back nicole petallides. nicole: this is a big deal on tripadvisor.at one on the move, reaching a new all-time high trading as high as 5564. the third acquisition obviously recently for them, they continued buying key talent from cruise wise. you're seeing tripadvisor jumping on the news. david: thank you very much. about the only bank stock down today with jpmorgan chase already dipping. now facing acquisitions senior managers and traders lied under oath. charlie gasparino joining us with the details. charlie: if that is true, that is really bad. you go to jail for lying under oath. we should point out lloyd python was accused of lying under oath, explained to financial crisis and how goldman survived and thrived, lying is a very difficult thing to prove. you have to prove state of mind in that sort of thing. it odd jpmorgan is getting hammered this much. this is undoubtedly true. they are under investigation. the fed. david: the fed energy regulation. charlie: they're all over the place. every other bank is under investigation from all these things.