that's what hotel operator starwood did just last week.ght know starwood from their brands, they manage under a thousand hotels, share ton, westin, st. regis. the thing i've always found appealing is they have an asset-like business model. they know their expertise isn't running the best hotels. out of the thousand or so properties they manage, they only own about 47. this is a terrific way to grow a hotel business rapidly without having to fork over a lot of capital for real estate development reported their latest quarter two weeks ago, the stock got dinged. the reason it went down, even though the company beat wall street estimates and boosted dividend by 8% and the revenue per available room came higher than management's forecast, they didn't buy a lot of stock back. i think management was simply being conservative. this is the classic underpromise/overdeliverance guidance i love. they are going to pay out $2.60 dividend in four installments, bountiful 4.9% yield. this signaled down the line confidence in business. while less than a po

estatey sternlicht, real mogul of w hotels is filing for an ipo for his investment firm, starwood capital. another deal now that comcast is set to buy time warner cable, charter communications left without a partner at the dance. charter might be eyeing a deal with cox communications. willrd meeting next week be held to discuss options according to a person familiar with the matter. cards."lk "house of 16% of netflix subscribers logged on to watch the latest chapter of the life of francis underwood, that was just the first day. episodes of the second season arrived on the streaming service started friday. netflix shares jumped to an all-time high that same day. kevin spacey made an appearance on abc's "this week." how did he prep for the role? by shadowing kevin mccarthy. >> if i could kill just member of congress, i would never have to worry about another vote. >> the example that would set. what did you pick up? for him,interesting there are so many new members of congress who were brought in to fight against washington, we are not going to do it the usual way, it is difficult to harang

continuing on, starwood capital ceo gets ready to sell shares, possible ipo for barry sternlicht.sell a minority stake , sternlicht is reported to have been speaking to banks preparing to sell shares. moment --e >> this is very typically, two nations involved, transnational deal with dublin, ireland working out of new york and new jersey. a stock and cash deal as well. i think you are more up to speed than i am, this is an industry of mating. most activectavis, buyer of pharmaceutical companies and last three years, made almost $50 million worth of bids. generic companies trying to continue to grow and eat up market share. puthe financing has been together, bank of america and mizuho securities. >> robert wolf, there is tax treatment and ireland, people get better tax treatment. we will talk about this, this has to do with transnational investment, no borders anymore. >> foreign direct investment into the u.s. is critical to our growth. as we will talk later, we have lost 50% of our market share of the last decade. china been taken over by as the number one inbound investment. it

starwood is a bet on global turn around. and if we're going to see that, the stock will do sglwell. >> merck may get $10 million according to dow jones. merck making progress and sell that unit which makes clairton and copper tone. pete? >> i love this stock. i think this is one of the few stocks. i own pharmaceuticals. >> you own a lot. >> i own a lot of coppertone as well. i like what they're doing. partnerships, pipeline, restructuring. i think they're doing everything right. when you look at their forward pe trading out of 14 right now, inexpensive and plenty of growth. when you look at that pipeline, you get very excited. >> goodyear tire raising higher. mr. weiss? >> yeah, it's a good story. look at what goodyear tire has done recently, finally start paying back shareholders with a buyback. got union issues out of the way in terms of pension. this stock, as the autos refer, should go higher. >>> comcast acquiring time warner cable, 45 billion bucks. a lot more stocks in play than just those. we're going to get all of t

marriott, hilton and starwood hotels says it's learned about the potential breach from the same security blogger who first reported that breach at target. so far it appears hundreds of credit and debit cards used between march of last year through december were hacked. it's not clear how many hotels have been affected and whether other chains may be involved in the security breach. >>> let's face it, most of the pictures we take never make it to a printer. but a new app could change that. the app is called flag. every month, the online service will print 20 photos off of your phone and mail them to you. the place tag, free. but of course, here's the catch. it will print an ad on the back of each photo. it's on kickstart right now. flag calls itself a photo finishing system from the 21st century. so far it's raised more than $60,000. >> you put it in a frame you don't see the ad. >> the giants have a new uniform. that's next. >>> brody brazil joins us. a rare night for the warriors, right? >> rare in terms of their pack-to-back wins, on the road in utah. things had not always gone well fo

said starwood probably will sell a minority stake in an ipo.flix plan for the video subscription service on time warner cable on ice now that the cable operator is being sold to comcast. this according to people with knowledge of the situation. people had three full days to binge on house of cards. kevin spacey talks about the twisted storyline on abc this week sunday. >> for me, it is like o'gorman art. i sometimes watch it. news andrn it on the think the storylines are not that crazy, they're really not. diabolicalacey does well. >> he does it really well. he is like the lipsey more hoffman, he can do anything well . extraordinary talent. >> you do not watch house of cards. >> i have to wait until netflix is on the twc box before i can jump over. it is a phenomenal phenomenon. as the netflix phenomenon proves its wealth and value -- >> you think it is already proven, right? >> extraordinary numbers. lex stay with me. you have the cable because you ran tci, along with john malone. the business media mogul who got derailed by comcast last week.

. >>> plus, groupon, starwood, facebook, and hp all in our traders' playbooks. going the tell you how the new leaderboard looks. with all the opinions about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. ♪ we asked people a question, how much money do you think you'll need when you retire? $500,000. maybe half-million. say a million dollars. [ dan ] then we gave each person a ribbon to show how many years that amount might last. ♪ i was trying to like pull it a little further. you know, i was trying to stretch it a little bit more. [ woman ] got me to 70 years old. i'm going to have to rethink this thing. [ man ] i looked around at everybody else and i was like, "are you kidding me?" [ dan

. >>> starwood capital is considering to begin selling stock to the company. it's behind the w hotel chain, also other real estate concerns. >>> the next big ipo in the tech sector could be a company called box. it's become a market leader in the fast-growing world of cloud storage. it's just one of several start ups taking on the biggest names in silicon valley, disrupting the tech sector's status quo. julia boorstin has more. >> reporter: box has reportedly filed confidentially to go public. the ceo won't comment on ipo plans, but it's clear that 225,000 businesses helping to manage and share information wants to steal market share from giants like microsoft. >> we're investing very aggressively for growth right now. that's something that we're very happy about and excited about as we see a window of opportunity with this market where the leaders of the next generation of software are going to be created right now. so we're investing to ensure that box is one of those leaders. >> reporter: the market box is tackling, cloud tool for businesses, grew 20 or $30

. >>> starwood hotels is planning to return more cash to shareholders through dividends and stock buy backs that. after the company realized $500 million in net cash from a recent project. the parent of sheraton and western hotels will pay investors a new regularly quarterly dividend of 35 cents a share. the company issued a special dividend paid over the next four quarters. shares rose today, nearly 2% to $80.10. >>> our market monitor tonight says he is sticking with high-quality, large cap names in this relatively more volatile stock market environment. he's ed cower, portfolio manager at eagle management. give me your overall view of the market today and after a rough start to the year but up pretty good february overall. >> well, sure. and thanks for having me on, tyler. i guess you could say it's been a rough start to the year. but if a person had gone to sleep the first of january just woke up today after a seven-week nap looked at the market and saying really nothing much had happened. because we are after all within about 4 or 5 points of the close on the first of january. so

the kind of wild title he's i still have to get that name oh everything's corrupt or i skew well starwood ice cube ice cube my brother gave me a name while well you know he's about nine years older than me so it was a period where he would be often gone but he would have his girlfriends calling all the time and i would pick up the phone and try to you know put my b.d. and he he's got mad at me one day said maybe you're not to cool you just always think you are too cool out the universe and you'll be ice cube and i say well i'll be ice cube fan from now on now that's stuck yes stuck you not took it outside you know my new nickname was ice cube so when you get when you go to a hotel you check in is ice cube nine nine now used to have a few other aliases. you know. quickly find me if i go in his ice cube how tell me about right along this movie is gone through the roof number one movie in america real funny movie you know star me and kevin hart. directed by tim storey who directed me in barbershop produced by will packer who's a great producer is you know was funny right away and it was funn

. >>> up next on the program, why starwood hotels is not so hot today. we'll be back.want everything. an expert ford technician knows your car's health depends on a full, complete checkup. the works. because when it comes to feeling safe behind the wheel, going the distance and saving at the pump you want it all. get our multi-point inspection with a a synthetic blend oil change, tire rotation, brake inspection and more for $29.95 or less. get a complete vehicle checkup. only at your ford dealer. if ...hey breathing's hard... know the feeling? copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. spiriva helps me breathe easier. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate med

new york times" reports white lodging services which manages 100 hotels from marriott hilton and starwoodas the target of a data breach.f it's the latest on hacks. joining us to discuss this is business analyst, jill. good morning. >> good morning. >> let's talk about the breach. we have seen e-mail accounts good stores, now hotels. is every business susceptible to >> attack? >> yes. we have to be individual lent.best thing understand that threat exists. read the credit card statements don't just pay the bills. get your credit report once every 12 months. once you are looking for odd activity. don't just throw that credit a card out and give it to somebody o without watching the process. some is out of our control. your some is being aware. >> we are about to have a it's changing of the guard, which is another reason we want to talk to you. is there going to be a significant change with the switch?nt >> i don't think so. ben bernanke who left yesterday, handing over the reigns to janet yellen they are intellectual gns to jan partners. they were working together.today. she was the vice cha

starwood capital has backside 30 billion in asset us under management including sea island gulf resorts>> kick starter is the latest in a string of companies being targeted by hackers. and the site says no credit card information was compromised, but e-mailing addresses, phone numbers and e-mails were accessed. it says it's improved its security procedures since that attack but is urging users to change passwords. >>> details on apple's sit down last year with the ceo of tesla motors, next. opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances. fifteen minutes could save you fifteen percent or more on car insurance. yeah. everybody knows that. did you know there is an oldest trick in the book? what? trick number one. look-est over there. ha ha. made-est thou look. so end-eth the trick. hey.... yes.... geico. fifteen minutes could save you... well, you know. >>> dow jones reporting two former mem

talking. >> starwood -- last week reports that virgin america might be do the same.the market is going up in this direction, a lot of people will say come on. >> do your kids play that game, candy crush? >> i've never played it. but 93 million a day did in the month of december. >> and the one thing everyone is pointi ining is zenynga and the botched ipo and how long the games can monetize themselves and stay as public companies? >> right. >>> "the san francisco chronicle" is reporting that elon musk met with apple's head of mergers and acquisitions early last year. the paper said the meeting doesn't necessarily indicate that apple is about to buy tesla anytime soon but it does point to apple's strong interest in getting involved in new product areas and i guess, guys, at a market cap of $24 billion for tesla apple could buy it if it so wished with obviously elon musk's agreement. >> with the change in their couch cushions they could buy it, but would they? >> it's fun to talk about, i don't know how realistic it is. the reports are that, yes, they met, it is unusual

the recent investment to the founder of starwood hotels, is a great validation for us, that in additionthe service, really nice validation for us that the establishment is realizing we can add real incremental value in in in a sea of other distribution options. cheryl: what is better than going into the hotel, i am stuck in new york, what is the difference? do you find they are competing more worried there might be collusion between the hotels and other services in the past? >> i think the hotel tonight premise for hotels is we offer a sole purpose distribution medium for them. we only sell rooms for tonight or stays that start tonight and we limit the amount of hotels we display each day in each city. there are limited slots and 4 hotels that means since we don't deploy the same hotels each day we offer a nice, focused way to get in front of consumers when they need to move rooms right now and because they know they are not on display every day, it doesn't become predictable for our consumers which hotels will be up there. that allows hotels to get comfort in being more aggressive with

>>y white longing corporation which runs hilton, mayor "and starwood hotels is the latest firm to disclose it's been hacked saying it's i know investigating scales breaches at 14 properties between march and december of last year." mondayts hearing came weeks after cyber criminals stole datea from michaels, department store neiman marcus and the one that caught everybodyts attention, target where around 100 million americans had their information compromised. the target breach is one break-in but two thefts. in the first, 40 million americans may have had debt and credit card information stolen. in the second, names and addresses and phone numbers may have been compromised of another 17 million americans who could have inter reacted at target with any point in their lives not necessarily over the holidays. >> if a business with holds that information because at this in the heart of christmas shopping season and it might affect their bottom line, they need to be hung out to dry. >> consumer groups attending the hearing pressed congress to personalize companies who have failed to notify swif

steph, you have starwood? >> yeah. >> reported earnings. >> so volatile yesterday.et indicated down 4%. ended the day down only 2%. now it's up another 3%. >> upgraded over ubs today? >> yeah. the quarter was actually very good. they beat on eb bititda. they're on track to monetize over 3 billion the assets. all of that is on track. much more conservative on guidance. i like it here. i like the pullback a lot. i do think the story is very much on track. >> let me offer advice to the rest. go to cash now because come december 31, you're going to see that guy right there be at number one. book your profits. if you're in green now, take the profits, go home. >> i hope you're not in last place. >> he's put it out there, hasn't he? >> it won't happen. it won't happen. i would say i bet you didn'ter but i'm afraid of where you would take me when you lose. >> the other plays, pete, i note that, you know, again, your have united continental. we just talked about the airlines. weiss has citi play. i wonder how that is going to play out. seems to be working in your favor now

anti-defamation league, adl, add to that apple, marriott, delta airlines, american airlines, marriott hotels, starwood hotels, the loss of any standing for arizona as a resort, a convention center, was on the table. and jan brewer understood this. it was-- the old biblical injunction render into caesar that which is caesars. this was not god's, this was caesar. this might have been freedom of religion on the part o of-- religious free done-- freedom on the part of this legislation but this came right down to arizona facing the same ignomiy and loss of capital that it faced on martin luther king day when it refused to accept martin luther king day as a national holiday and again lost convention business. i think it was a pretty tactical, hardheaded decision made. and mitt romney to his credit weighing in in favor of vetoing it. >> woodruff: along with arizona two senators it is not just arizona, but there are six other states considering similar legislation. >> well, i did declare my interest, hopefully we will see this resolve. what is interesting is the rea sortion of the corporate country club estab

it is a risk more for the owner of the hotel rather than starwood, coming in as a manager.ing to be in terms of chinese travelers? it will be domestic initially and then the countries around. we are seeing a huge volume coming into europe. spread across be the piece, but the biggest bulk of that is going to be domestic demand. companies like intercontinental, that is their biggest growth market right now. very soon, china will be a lot bigger than the u.s., in terms of the number of hotels. a former chief executive was saying they wanted to replicate what they did in the 50's with route 66 in china. what we understand is that the government can -- the big hotels. in the open a hotel city? you lose a little bit of tactical management. how worried about this are you? >> there will be local risk. there has to be political risk. the back to the initial point, you're in it for the long haul. you are balancing the short-term political risk. it is a potential, longer-term gains in play. if you look at what is happening, you are right about the infrastructure being put in place in

mariottext guest said and starwood are edging ahead of continent -- intercontinental.x welcome back. it is 7:50 a.m. and we are 10 minutes away from the start of european markets. watching intercontinental and bhp billiton. profit beat estimates first cap -- half up. lots of interesting parts to this story. the company is delivering on its cost reduction program. on a pleasing to see narrow consensus. it is a genuine surprise and the fact that shares are marked up over two percent means the market likes it. a better 2014? investors are sensing this value out there. this is something like 22% which is attractive. you are starting to see the effect before in recent weeks. richard sullivan earlier and he was in good spirits. that is operating half it. insold a hole in -- a hotel san francisco. >> what i was going there, .9%. it is looking rather poor. i'm interested to know that started with last week. they are in the business for the long term. it is unreasonable to expect good numbers for china. >> you need to make sure the company has a stock. immediates no calculus fo

down here at the big board, starwood way point residential trust, spinning off from starwood propertyingle family housing reit. intuit, provider of business management and stack software celebrating small business program. speaking of taxes, h&r block, rather than buying an ad during the game a slew of ads that would run as a preroll on youtube. interesting strategy going into that event. >> they've been very clever. i had them on for "mad money," everybody gets $500 had you used them. look, main thing is that this -- the boon here is the health care plant. you can't figure out what you're going to get in the health care plan. you have to have credit. i don't know if anyone's looked at their taxes since health care. you need a professional. i used to do my own taxes, that would be -- >> when was that? 1984? >> right. >> such a vicious guy. >> vicious. >> it's true. >> no, '79. >> oh, '79. i tried it my first year at goldman, zeros, can't do it. like fit zeros in at goldman. >> right. >> you mentioned whole foods earlier, upgrade at piper. flat market. exactly flat. >> well, you know w

international, you're 100 basis points behind, for example, starwood.ervative? >> well, i think there's a thematic point here. i think much of the market, particularly the u.s.-focused market -- a year ago. our perspective here is that while there are some positive signs, employment continues to move, gdp may be growing faster in recent times than they did before. we still are thinking about 2014 is going to look a lot like 2013. gdp growth, which is solid, but not necessarily spectacular. now, if we're wrong about that and hopefully we will be. we obviously would love to see the economy come back stronger. >> sure. >> then we'll see the rev per numbers at the higher end of the range. until we see more proof. go ahead, simon. >> running out of time. i want to ask you one final thing. we have some really stunning figures that have just been released at the industry level for what happened through the bad weather last week. total u.s. rev par increased by 6.8% up the scale rev par by 8.3%. is bad weather now clearly good for your industry? >> bad weather

i have starwood on tonight. it's not expense pitch >>> and the premarket, yellen not too far away. lot more "squawk on the street" from post nine, 2 years old today. in a moment. let me talk to you about retirement. a 401(k) is the most sound way to go. let's talk asset allocation. sure. you seem knowledgeable, professional. i'm actually a dj. [ dance music plays ] woman: [laughs] no way! that really is you? if they're not a cfp pro, you just don't know. cfp -- work with the highest standard. ♪ this is how we do it this is how we do it baby ♪ ♪ >>> welcome back. the letters keep flying in the battle over ebay. this morning carl icahn releasing a third letter, but interestingly, and i want to share this with you, we have now gotten a response from ebay's chairman, the man who founded the company, of course. no longer involved in day-to-day management of the company, but nonetheless continues to be the chairman of the board, puts out a statement that was just released moments ago saying, hey, i am the founder, i'm the chairman, i'm the largest shareholder and, by the way, this board

. >>> starwood homes was co- founded by 49ers player brian and his partners.pany oengs and manses more than 4,000 -- owns and manages more than 4,000 homes. >> it's a mom and pop business. it's been owned by individuals. it's only recently that large irns stukses have come in -- institutions have come in. >> he won a super bowl with the 49ers in 1994. he will ring the bell at the new york stock exchange monday morning. >>> more than a dozen medical marijuana dispensaries have been ordered to close up shop. a new zoning ordinance requires cannabis clubs to relocate if it operates too close to homes or schools. the dispensaries had enough yesterday to pack up and go to areas des ig nated by the -- designated by the city. one pot club owner says he doesn't understand why the city is forcing him to move. >> for the last two years we've been able to exist. now they are coming to shut us town. >> we've declined to crack down on them until we had an orie dance that -- ordinance that we knew would survive scrutiny. >> one club owner says he plans to start collecting s

starwood capital group has $34 billion in asset under management. the firm has stakes in hotels, office buildings, apartment complexes and shopping malls. speaking of possible public offerings, online music streaming service spotify is now recruiting a u.s. financial reporting specialist. this news is adding to lots of speculation that the swedish start up is preparing for a share listing. reports say the firm could be valued as much as $8 billion. that's more than like warner music. the people create the content. >> it is. and the last time spotify raised capital was, i believe, about a year ago. goldman sachs led that investment. so that's quite a hefty premium. >> right. but the artists don't make -- you know the content versus the king versus the content versus the pipes? we might be heading back to pipes. >>> kick starter is now urging users to change passwords after announcing it has been hacked. user names, passwords, meali i g mailing addresses and e-mailing addresses have all been compromised. but the good news, if there is good news, is th

. >> hot is the symbol for starwood. >> ubs points out, just because they didn't buy enough stock backck is a great play on china. >> timken, shrink to grow. >> and jeffries said not too late to get on board they are splitting soon, and they buy 20 per of the stock back. >> and sienna. >> another name i really like. they are in the 100g which is optical. >> and magnum. >> all right, mr. evans came on, made a lot of claims. made a lot of claims that utica would be big in ohio. well can it is! they have struck natural gas in a part of ohio that no one thought was there, bravo! bravo! >> all right my friend, you stay there. we'll get to rick santelli on consumer sentiment. >> 81.2 is the preliminary february read and exactly the same as our final january read, 81.2. and depending on whose expectations you are looking at, it's actually a little bit better than expectations even though it's a lateral move. so, the last bit of data for the week's in. yields are mostly unchanged. david faber, back to you and i hope you have a good three-day weekend. >> thanks so much, rick. appreciate that. a