. >> radio shack. >> no. no.o. >> i think he should do mastercard, microsoft or i would do johnson & johnson. >> let's find out what he's going to pick. brian, back to you. >> guys, thank you. enough speculation here. we have the sixth pick with a lot of quality companies on the board. paul, we want today go with a name notorious b.i.g. you went with big money. >> team big money is ecstatic to say that we are picking jc penney -- >> oh! >> mo money, mo problems. >> have you been to herb? >> who put target on the map? who put apple on the map? ron johnson. the company skyrocketed in january when they announced their turn around plan. i disagree. >> herb and brian have another little bet going there like they did with rimm last year. a long shot. >> i'm sorry, jc penney. i got $33 khakis there. they're great. still a big merchandise problem. when you go to jc penney you're left with the holdover. i've always been a big ron johnson fan. the thing i want to emphasize is it's made a round trip, herb. there is some ups

that's hurting radio shack. said that any everett that radio shack may make to bring over the verizon customer could be hurt by what he calls a gap in demographics, if you will, between the verizon customer and the radio shack customer. radio shack is now trading at lows not seen since 1993. we're going back to the tandy corp. days. carl? >> it's tough to watch. we'll see what happens later on today. meantime, net flix swinging to a wide loss as the company's new subscriber fails to impress. so as they work hard to win back users, how will the company fair in the face of rising competition. we'll talk to a top-ranked analyst who is sticking by his sell writing in just a moment. >> i play in a band that participates in the hedge fund rocktober fest which is in favor of a leg to stand on. a leg to stand on is a charity founded by a wall street guy which gives the financial support for underprivileged children with prosthetic limbs. i love raising money from the community and really to show that wall street cares.

that's how i roll. >> shaq is in the green room and you think radio shack.w your mind works. very simple. >> can you imagine if you walked into the green room? i would have picked, can't even tell. >> mike murphy? >> like guy's thinking on it, but this stock i think goes to 0 a lot quicker than 15. >> that's what makes markets, baby. >> but to buy the stock here after it came down from, 6, i think 0 is in the very near future. >> would you change your mind if shaquille o'neal walked into the green room when you were there in. >> that's a question i saw the picture of guy on twitter with shaq. i may, honestly, i may have to change my opinion >> i guess he's that convincing. >> it's kizmit. can i spell that. it's all god feng shui. >> let's not do this. >> i've got a gig tonight, people. >> all right. are we going to do some tweets here? yes. mark berry tweets to us, anyone dipping to cliffs natural resources? >> no. >> why? >> i'd stick away. if you look at the whole iron ore space, when you're looking at china, the growth is from the consumer, they are clear

. >> we had radio shack with the worst candidates for ceo for 2012. put together my own list of deadman walking and r.i.m. number two, nokia, number three. i do not think netflix is something that is going away. >> all i heard was crap-shoot. >> yes. >> that's what i was saying. >> nokia is trading at lows -- radio shack at low since 1981. bill gates was in magazine ads. >> it was not in '81. >> so were fluorescent pens. >> olivia newton-john and radio shack were both hot in 1981. >> here it is all over again. is there a name that we didn't say on the list that you think is a good contender as well? >> no. i think currently this one wraps it up. there are others as it progresses. >> okay. herb greenberg. >> shock. >> you're definitely not a loser. >> he is. >> he is. thank you very much, dean. thank you for coming in, jon. >> speaking of cell phones, guys, i know you are big texters. this scary video proves to you why you do not want to be walking and talking on the phone. look at that. a teen falling through a sidewalk in northern china. a cab driver

radio shack is about 6 right now and they're better off. look at gamestop, which is trading at 3% cash flow, so really cheap. i don't know why you buy best buy, because they look like they're going away, and you can't really clean it up without closing a whole bunch of stores and downsizing a whole bunch of stores. this is a five-year fix, not a quick fix. >> how realistic, michael, is this downsizing proposition. we can sit here and pound the table and say, wow, they need to get these stores down to 2,000 square feet or 3,000 square feet, or whatever the case may be. but they have two primary things that seem to be really pushing against them right now, the tax that they have to compete against as far as the internet and not having to pay the tax, and this store reduction in size. how realistic, how fast could they reduce the store size? >> you know, i think they started a program to open up best buy mobile stores, so 1500-square-foot stores to sell cell phones. i think that's the wrong way to go. the guys to emulate are apple. open up a s

stole. [ laughter ] radio shack couldn't believe it.re like, "something we sell actually works? this is -- what? [ applause ] call the regional manager." this was nice. yesterday, president obama played basketball with a few dozen kids at the white house. did you guys see that? yeah, it was good, but it got a little awkward when biden came over and was like, "let's hustle these fools. white men can't jump style." [ laughter ] what? hustle these fools? [ light laughter ] this is crazy. there's apparently a 102-year-old man in new york who still works as valet parking attendant. it's not easy. every time he parks a car, he has to pull over three times for a bathroom break. it's just -- [ laughter ] you can tell he's old because when you tip him a five, he's like, "it's my old roommate, abe lincoln." [ laughter ] listen to this. i heard that ikea -- ikea is building a new 27-acre village. a whole village near london. ikea is doing that, yeah. of course, it's going to be annoying when they are almost finished and realize that the box is mis

consumer reports highlights, best buy, target and radio shack for their programs.u aren't looking to make a buck right away donate anything that's in good working order to a charity, so someone else can use it. certain charities only take certain items so be sure to call or check out the website. get a receipt and declare your donation on your taxes. if they no longer work bring them to a recycling center where they will be disposed of properly. mother earth will thank you for keeping your big screen tv out of a landfill. >> if you have a big tell scope, nasa needs you. we are looking for -- they want your help finding new asteroids. they launched a new project called target asteroids. it's to get more details about neo's. they want to know more about their positions, motions, rotation and light emissions. >>> now that the space shuttle is getting settled in they are releasing new ring tones for your phone. you can hear the roar of the shuttle into outer space or armstrong's famous quote. one small step for man. you can even get houston we have a problem. all of th

radio shack, ticker rsh, is not looking so hot today.fact, it's looking particularly low. 3.6% to the downside to be exact. so why don't we add in some sunshine with shares of dollar tree. that stock was actually left unpicked in our stocks draft. and today trading at an all-time high. dollar tree saw a round of upgrades last week which may be carrying over into today's trade. although as we speak it's down about 0.6%. still hitting a new high in trade today. well, do check out streetsigns .cnbc.com for the rest of the stocks drafted by our seven all-star traders. and comment ri and analysis from herb and cramer. >>> this one is something we thought might be considered the worth idea ever depending on how it goes. an aussie billionaire clive palmer with plans to build an exact replica of the titanic. he's going to name it the titanic ii. the maiden voyage is set for late 2016 and will be from england to new york exactly like the original ship's itinerary. it will be built with the same dimensions, nine decks, 840 rooms. when asked whethe

you know at radio shack over. this if you're poor and i don't know if you were thinking about it ever and they treated it right. as in the rocky mountains the growth of domestic drilling is beginning to impact people and places across america in ways never imagined oil companies are seeking new leases in thirty two states since ninety nine hundred hundreds of thousands of new wells are drilled and the pace of development is excel arabian. incredibly drilling is now planned in the new york city watershed which provides drinking water to millions. but some feel it doesn't have to be this way. technology is available for industry to comply with these lines and to conduct their business in a much cleaner it's often affordable and it's often profitable. we can make them do it better the profits now in the industry are so high that there's no reason why they can't start using some new technology develop a new technology to capture the escaping gas and videos seize but also to do something with that water. when a catcher

do you know where radio shack is based? ft.few years from now we'll come back and visit that one. >> i'm waiting for my din sgler i'll give you back the great dinner you gave me. >> thank you. i look forward to it. herb. you're a good friend and valuable part of this program. >> maybe i'll get an invitation to the next one. >> herb, you're a good friend and a valuable -- the stock down about 3%. maybe brian shactman at the market flash desk can figure out what's going on. barnes & noble, we did figure this one out, that stock has been moving pretty good today. this is your segment. >> but it says brian. pretty much everything says brian. do you know why? i've been away for three weeks and suddenly it's your show. >> suddenly? >> i'm sorry. it's been officially made brian's show because every single store says brian. >> i do what i'm told. that sunshine stock is your segment. >> i'm going to takeover. am i allowed to? may i get permission to take over? the stock is heavily shorted. short squeeze is very likely, bks up over the p

meantime, radio shack lost 10% after losing money in the first quarter. it was expected to turn a profit. well, if railroad kansas city southern is any indication, the economy is chugging along. earnings were up thanks to its freight and auto shipping business. shares popped 6% as volume more than doubled. the rally lifts shares to a new all-time high. and that's tonight's "mark focus." >> susie: while "crowd funding" isn't an everyday term, it's transforming the way non-profits raise money. many organizations now use social media to raise funds, including accion, the nation's largest microfinance lender. as erika miller reports, accion's success has earned the support of a leader in big business. >> reporter: when willie whitfield decided to open his harlem salon a year ago, he discovered he was $5,000 short. that's the difference between hardwood floors and linoleum. so he turned to an unconventional lender, microfinance organization accion. >> it allowed me to, like, really visualize my dream. most of my savings had already went into the business, and

not distributing except if you say that what we are doing by -- if you would call an antenna that radio shack sells, charges a consumer for, a distributor, then it would be analogous. >> you would contend if the amazon or microsoft businesses could -- could intercept broadcast signals and sell them through what they have set up now -- >> the laws, the system for broadcasting is, i mean, microsoft could do it presuming in redmund where there is a tv signal, that they offered the same kind of platform, that we would offer because the system of broadcasting transmission is local. so it's utterly one-to-one. local broadcaster sends a signal out, and we provide an antenna to receive it, and put it over the internet and allow people to record it. >> okay. mr. misener, you plan to intercept broadcast signals and sell them over your network? i guess do you sell them as part of your content? you see that as a legitimate thing to do at this point? >> senator action thank you for the question. we currently don't offer live programming in our video service and we don't know what the future holds for our

spring cleaning could turn into a store credit at radio shack. can traded outdated cell phones for up to $300 in store credit. but thelose on saturday trading program is available after that. i'm ellen braitman for wbal-tv 11 news. >> between texting and tweeting, it is easy to get to the middle of the month and you wonder where did all my data go? some sneaky things could push you over your limit. >> watching, listening, and sharing. most of us have an idea of where our data goes. what happens to the rest of it? consumers are counting their texts, tweets, and e- mails. >> it can be a risk where apps can do stuff on the role in the background. i have been testing this in android. another >> culprit, constant -- another culprit -- constant app updates. >> to those longer tv shows and movies can burn for your data. keep tabs with an app. cutdown day usage whenever you can. >> 6:19. 49 degrees on tv hill. of the nfl draft. >> the orioles stay hot. keith mills will have highlights. >> that brings us to our water cooler question of the day. what needs

retailers on the move, too, in addition to wal-mart perhaps in the direction of shares of radio shack tumbling after reporting an 8% loss hitting intraday lows not seen in 31 years. down 11%. big lots getting hammered, too. the off-price retailer sharply lowered the same-store sales quarterly guidance from negative to positive. we'll watch for that as well. back to you. >> court, thank you very much. treasury rates moving higher all day today. market is higher but certainly off of the best level. let's get to rick santelli. looking at rates and treasuries, hey, rick. >> hi, maria. we had a two-year note auction and some gave it a lower grade because the dealer community which took down a little more than their average of 60% are already loaded with two years due to operation twist which might be a big deal for tomorrow's fed statement but the demand was very strong. as you look at a two-day chart, you can see that rates on the right side have crept up. it's been a very narrow range. here we are at 196, highest yield of the day. maybe more importantly, as you open the chart up, you can

radio shack getting a boost. we'll see what that actually says for the electronic retailers. let's also take a look at the shares of conocophillips and delta. kate kelly reporting earlier today that delta is in talks to acquire a refinery to lower its jet fuel costs. of course, a lot can happen in a deal before it gets announced. that's quite the game changer. >> that is such a smart idea. a consumer buyer refinery. great stuff. thank you, kay la. >>> well, we talk about risk aversions, investors flee into the relative safety of u.s. debt. rick santelli is in chicago with more details. rick? >> it's been an exciting trade in treasuries. remember, how the market looked yesterday and how it looks today, let's let the market speak for itself. we're down about roughly half a dozen basis points but the true picture points up when you look at a two-day chart. yesterday we were up about a dozen and halfway back. more importantly, think about the economies supposedly doing the best. let's look at that paper. our ten-year over a one-month period, notice the high yield mark in the midd

. >> radio shack slumping to its lowest level. joe, ugly, ugly chart? >> yes. this is interesting. can't tell you to buy the equity. maybe if you want to buy the options, you can. the liquidity is okay. keep in mind they rolled out the dividend. the question is, the relationship with wireless and sprint seeing significant mobile declines. >> and a big drop for big lots having the worst day since november '08 after the company reported weak earnings. grasso? >> if you cut your forecast, your stock gets slammed. there were a couple of downgrades around the street. didn't help matters. few technicians tempted to buy this chart, i would say let it bounce back for two or three days. >> both u.s. steel and ak steel lower after earnings this morning. you recommended the stock yesterday, grasso. what do you do with the dip? steel prices are still depressed. >> well, let's talk specifically on letter x, big steel here. >> let's do it. >> if you're looking at the chart on these, you're much closer to the bottom than you are at the top. i'd rather be a buyer of this dip rather than the seller

i would have drafted it before radio shack. how about that? >> that's not saying a lot, is it? so much, jon fortt for joining us today. thank you, michael. >> thank you. >>> we have a complete writeup of the cnbc stock drafts. all of the trader stock picks, all of the color commentary, the trash talk, instant analysis, read it or watch it on demand. >>> coming up next, you will not believe what women are doing so they can wear these shoes more comfortably, if that's even possible. >> why does it have to be women? why can't i wear that shoe? >> i know you like shoes, brian. >> 14 double wide? >> i don't think so. so. what happens when classroom teachers get the training... ...and support they need? schools flourish and students blossom. that's why programs like... ...the mickelson exxonmobil teachers academy... ...and astronaut sally ride's science academy are helping our educators improve student success in math and science. let's shoot for the stars. let's invest in our teachers and inspire our students. let's solve this. in your fight against bugs. ortho home defense max. wit

if you want insight into china, coach, luxury consumer segment, see where radio shack stands as stockwe have hershey, norfolk southern and whole host of others. >> i'm steve at cnbc global headquarters. tomorrow we are watching the two-day meeting of the federal reserve and we release our cnbc april fed survey. we will tell you what the market expect in terms of additional quantitative easing interest rates and when the market believes the fed will be first to raise interest rates. >> i'm diana in washington. two crucial readings on the spring housing market. s&p case shiller home price report and sales of newly built homes in march. we get them both starting tomorrow morning at 9:00. >> if that wasn't enough, a lot more as well. we have so much to digest in the united states tomorrow for the markets. we will get key economic data from spain as well as the uk. both struggling to balance austerity measures while keeping economies afloat. and trying to institute growth plans. what does that mean for your money and is it time to take risk off the table? joining me now is stephanie, sarah

he has important issues and also we do have jim of radio shack.ok over the company in may 2011. but he's getting killed by sprint. >> right. >> again, he can maybe -- >> we have 30 seconds in the show. >> he can possibly turn it around. if he can pull it out, he can go from best to worst. >> the rule. >> we have to go, jim. >> no, come on. let's kill a break. i've done that. let's kill a break. i've got to ask -- >> the break is called the next show. 12 seconds, 11 seconds, 10 seconds. it's called "closing bell." it's coming up. kelly, i warned you. i warned you. thank you for watching street signs, everybody. carfirmation. only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. guys. come here, come here. [ telephone ringing ] i'm calling my old dealership. [ man ] may ford. hi, yeah. do you guys have any crossovers that offer better highway fuel economy than

>>> plus, what do nokia, radio shack, rim and netflix have in common?were all big losers. they're down 60% to 80% over the past year. which one will be the biggest loser? more on "power lunch" after a very quick break. guys. come here, come here. [ telephone ringing ] i'm calling my old dealership. [ man ] may ford. hi, yeah. do you guys have any crossovers that offer better highway fuel economy than the chevy equinox? no, sorry, sir. we don't. oh, well, that's too bad. [ man ] kyle, is that you? [ laughs ] [ man ] still here, kyle. [ male announcer ] visit your local chevy dealer today. right now, very well qualified lessees can get a 2012 equinox ls for around $229 a month. like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering, web-based trading platform. trade commission-free for 60 days,

. >> but radio shack moved very aggressively, i was at radio shack this weekend, always terrible, andas looking for a plug. they're like we don't do that, we're mobile now. in the end, amazon has the best selection, and they ship it to me, and i don't pay sales tax, and what an unbelievable break they get. >> this news is a day after they rejected, best buy that is, regretted a mini tender. they're known for buying shares and best buy recommended investors turn this down. >> and the stocks are up 3.5% on the news -- >> maybe he is on the wall of shame. when executives of destroyed value leave and you see the stock move up, most often because they want to spend more time with their family -- jim if you did that, i won't every say anything bad about you. >> thank you. >> not a terrible cheap executive. >> maybe your taking a permanent vacation. >> herb greenberg with more. >> it is actually, you know, it's interesting. he was one of my worst ceo candidates of the year last year. you know, this is a company that has been sort of -- you can almost say it seems out of control. was he livin

radio shack microphone and i enjoy it. >> because she is not terribly insecure about her own anatomy.ut the stalkers in the media, he said he thinks he is leaving the network just in time. oh, this is right up myially. kim kardashian asking the court to cues her from a nasty cosmetic lawsuit. she claimed some a home hair removal system works all over your body, and it does not. they are pissed claiming no no has been put at an unfair disadvantage. as kim said under oath being armenian and hairy, i thought this was the perfect product. [ howling ] [ applause ] >> hairy girls of the world unite. >> wow. >> that left you all speechless. >> greta has defended hilary rosen. >> has she? >> yeah. >> hum. we wish melissa gilbert well. she was injured on "dancing with the stars." >> yikes. >> it makes me feel bad that i apparently had an affair with her husband according to the national inquirer. >> and they finally split up this year over that. >> yes. >> that was the only time she has ever been in the tabloids. >> for something that is completely untrue. >> yeah. >> melissaeth ridge is the o

radio shack just out with its numbers, reporting an unexpected loss for the first quarter, losing 8 cents for the quarter. analyst himself been looking for a profit. analysts calling the quarter challenging. the bid is at 5.65, ask is all the way up at 6.14. can you expect to see that shake out before the market opens. >> while china may have some of the biggest and most profitable banks in the world, many of the state-backed entities are hungry for capitals thanks to an aggressive left-handing spree urged by the government. we have richard haas and mr. huntsman here this morning. great to see you, richard. we've been trying to get a gauge to understand what's going on in china and understand the economic impact if there is a problem around the corner. we've had a number of people come on the set and tell us that china looks good but it really isn't. and i'm thinking of our famous short seller, jim chanos, who told us there are problems at the banks. how big a problem do you think we may have confronting us or is there a problem at all? >> there are structural problems in china. this enti

other stocks, ea, radio shack, peabody and devry.play today's selloff and an interview with the ceo of anadarko. while we are hard at work the europeans taking a vacation. while they are taking a break we are going to take a jump start and talk europe and global markets. rick santelli is heart at work changing an engine to nat gas. first steve grasso, director of institutional sales, good to see you. welcome back. >> rick is heading to my house to transfer my chevy suburban. i e-mailed him. >> how much concern today? natural? >> if you look at what we had last week we had four days of action. we had the terrible -- i shouldn't say terrible number. it was way below the estimates. that is what you are seeing in the markets today. is it an overreaction? possibly. you have to look at the 1370 level. you and i discussed that level. that is the line in the sand to watch. >> it is disheartening to think that we have come back to that because we have spent so much time dancing around 1370. >> it is but on the way up when we discussed 1300 s&

. >> you went to radio shack? >> pretty much. breaker, breaker one, nine. has lost his blackberry. can we look for it, please? >> looks like we got it. brian to look for it. >> what's that? >> if you could have joanna look for brian's blackberry. where do you think you lost it? >> i think i left it in the make-up room. >> look in the make-up room. >> he left his miniature stapler on the set yesterday and i bought you some extra staples today. >> you did? >> because you were maligning me for bringing your stapler back to you but not bringing extra staples so they're in my purse. during the next commercial break, i'll get the stapled for you. >> word to the security guard, can you make sure brian doesn't leave studio e without his baby stapler. >> ok. >> brian, start headlines. >> are you sure you called the right show? you don't even know! now to your headlines. three more secret service agents are off the job now as congressional hearing on the colombian prostitution scandal gets under way today. two of the agents resigned while the third permanently lost h

that's a big issue and didn't like circuit city or radio shack. they have a problem of which he did allude to. >> investors coming in to the market. fed policy worked. being pushed further and further out. except for days like today. >> sounded like a democrat. he is a jet fan, too. always mystified me. >> hey, hey, hey. >> that's right. you like losing teams. i apologize. i do think that -- that's a joke. >> had not been a losing team for at least the last three years. 8-8 last year and giants are better. let's move on. >> i would have to take you to the woodshed in the break. >> i'll be back tomorrow. >> david, we've been talking about yahoo! lately and the company making official what the journal had already taking important steps in their words to reshape the company. 2,000 job eliminations. "the journal" raises the possibility of more down the road. $375 million in analyzed savings. sees a smaller, nimbler, profitable company, david. >> the press release just out from yahoo! talking about bold new yahoo!. listen. when i look at the company ri

shack. there would be a phone call and it would be announced over the radio, "company on property." from that point it would be received at the office. from the office, call underground, let them know we had "company." skipping forward in this discussion, question, how often at upper big branch mine were warning given to inspectors, that inspectors were coming on the property? answer, a lot. question, most of the time? answer, yes. question, was the upper big branch mine able to avoid citations from msha because of the practice of advanced warning of inspections? answer, yes. question, did you know it was -- if it was illegal to give advance notice of a mine inspection? yes, i knew it was unlawful. question, did the superiors know about this practice of giving advance notice to inspectors? yes, yes. did they encourage it? answer, they did. when asked whether he would spread rock dust when he was warned inspectors were coming, mr. mae answered, i always spread extra rock dust if i knew someone was coming to make everything look good. unquote. how do you conduct inspections in that ki

ricky comes over the radio between the two jets and says, " hey, noonan," which is my call sign, by the way. it is from the movie caddy shackside note, if you ever meet someone with the call sign iceman or maverick, he is a complete tool. anyway, he said to turn the lights down, so i'd see this green glow like the death star. total blackness. silicide my lights are down, and he says to look up. i saw the most explosive natural display of beauty i have ever witnessed in my life. i looked off to the east, and there was this galactic purple and blue, millions of stars looking through, and off to the west, you could literally see the top of the milky way. it was so frothy, it looked like a starbucks cappuccino. it was unbelievable. as i sat there in this moment of secrecy, i asked myself -- how is it possible to go from that place of combat and all the terrible things that happen to this pure moment of peace? i started to reflect on all the things i had seen. it was my second to last mission over there. all the sacrifices i had witnessed, and i felt this strong calling from god in my life to do something outside of the cockpit.