digitization needs the pushkin museum. company specializing in super high resolution images they claim their system is the best way to get a top notch completely objective representation of priceless pieces of art. don't have to take the paintings down through the walls they do need to set up and calibrate the light just right doing so ensures the resulting image is an entirely accurate reproduction of the painting as it is in real life but today the resolution of even the best digital camera really exceeds twenty. museums purposes simply isn't enough. to develop an entire set of technologies that allows their technicians to boost picture resolution without warping the image or losing any data through stitching software. this requires a bit more ingenuity than you might think. instead of just snapping the whole painting at those takes individual pictures of each section. distorting the original demands what's called the shift. at the root is a camera with the usual c.c.d. sensor which is what converts to incoming photons into a di

the egregious story is the power company was sold, the insurance company that has the claim owned by a bunch of utilities was then sold and the heady finding that there were no cases of refusal to pay benefits. didn't read "the new york times" and with the governor said? we aren't paying attention to what is in the newspapers and i said what about the complaints and he said nobody got a final judicial ruling that they refused to pay him. sedated ultimately pay some of the money. and then the insurance policy was blocked by colin reid, a warren buffett company and a nurse comes around ingratiating manning's live in sacramento california where he had moved and eventually she goes to his home which they have a right to do and the man has these wonderful people the adopted three children who the parents were killed and one of them grew up on a pilot and this nurse goes into bob's room and comes to the wall and says why don't you have a dnr it means do not resuscitate. in effect asking him to die. bob's wife, his nurse, his doctor come all the people that saw the nurse do this and her oth

the really egregious story is the power company was sold. the insurance company that had his claim which is owned by bunch of utilities was been sold, and they had a finding that a window case of refusal to pay benefits for the nuke state insurance department. i called him about that and i said did you not read the front-page of the new times? did you not read what governor pataki said? they said we don't pay attention to what's in his perfect i said what about all the complaints by this man? they said but he never got a final ruling that they never paid in the so he can't walk. they did ultimately some of the money he was owed. and in the insurance policy was bought by a warren buffett company. and a nurse comes around the gratian herself into bob manning slides in california where he moved, and eventually she goes to his home which they have a right to due to inspect. and the manning's are these wonderful people who, they adopted three children from the relative whose parents were killed, and marvelous human beings. this nurse goes into bob

that story is the power company was sold. the insurance company that had his claim, which was owned by a bunch of utilities, was then sold. and they had a finding that there were no cases of refusal to pay benefits. the new york state insurance department. i called them and said did you not read the front page of "the new york times," what the governor said? we don't pay any attention to what's in the newspapers. i said what about all the complaints? they said, he never got a final judicial ruling they refused to pay him. so they gave him a walk after refusing to pay. they did ultimately pay some of the money he was owed. then the insurance policy was bought by a warren buffett company, and a nurse comes around engray shading herself into bob manning's life in california where he moved, and eventually he goes to his home, which they have a investigate to do to inspect. and the mannings are these wonderful people who accommodated three children from a relative where the parents were killed, and marvelous human beings. one of th

from the white house to capitol hill, c.e.o.s from some of the nation's biggest companies met with the president and lawmakers, urging them to compromise on the fiscal cliff. we speak to honeywell's david cote. >> tom: i'm tom hudson. automakers go green. general motors' unveils its newest all-electric chevy spark. >> susie: and what would you do if you won powerball? some advice tonight on how to handle winning $550 million. >> tom: that and more tonight on "n.b.r." >> susie: a parade of business leaders in washington today to persuade president obama and congress to avoid the fiscal cliff. with just 33 days left to nail down a deal, c.e.o.s made the rounds to explain to lawmakers that because of cliff gridlock, they're holding back on hiring and spending. as darren gersh reports, c.e.o.s weren't the only ones campaigning hard today. >> reporter: the president and republicans focused today on staging events designed to pressure the other side. the president called on americans to tweet, facebook and call members of congress to tell them to pass tax cuts for everyone making less that $

the company's liquidating now. s all over the country, but is there anything more important than this on this day? >> there are lots of things more important than that mediation meeting, yes. >> oh, okay. >> the fact is you can't negotiate with terrorists. if these people are going to steal our pension, and that's what mediation is for, then, you know, that's not on the table for me. i'm sorry. >> michael -- >> as far as frank not being there -- >> all right. that's sort of a side story. i get what you're saying there. when you were with us on monday, you made it clear that you felt the job being offered to you was not worth taking. you'd rather take the unemployment, which you feel you'd get more money from than ul you would from this job. now that the company has been green lighted to liquidate, what happens to your job? your union bosses have said they're convinced you will make wonder bread again if this brand is bought by somebody else. what do you expect to happen? >> i expect to make wonder bread with my unio

on the first a total of ten russian companies were singled out at the tech success. organizer designed the competition to acknowledge the country's fastest developing and most innovative small and medium sized businesses as well as boost their profile on the world stage coming into the ceremony the list had already been thirty companies which represented the entire spectrum of industries and regions across russia. created a company hardware maker enter school and a handful of medical firms on the lookout for the next device all made to keep us all on our feet another one of those. electronic archive. catalog but it's also one of the. co-producers these. are all about documentation files for. you can also be used for some of the more cool. for example the push to museum in moscow is in the process of digitizing many of its most treasured works capturing the timeless beauty of the paintings and objects its walls and hollows requires more than just a simple camera. to improve the their own the me to thousands. proved to the point. as far as we know everyone switched to

who have suggested they're trying to dismantle the company. so this is the latest as rothchild tries to come up with a rival bid and keep the stock listed here in the uk. the offer expected to be about $1.4 billion, but it's not just a uk venture either. this could involve powerful forces in indonesia, as well. there are suggestions rothchild is in talks with a current presidential candidate. and let's move on to rbs. we mentioned it's been reporting its numbers. getting reaction of 2.71%. the company posted a third quarter net loss as the company takes more impairment charges, but also more provisions, as well, as china shared some noncore assets trying to restructure the business in terms of the latest provision. this amounted on 400 million pounds. the question is whether rbs has seen into the charges in relation to the scandal. we asked in a first on on cnbc interview. >> we have to see how things play out. at this point 400 is our best sges matt of how much we'll need. >> what was the main point investors were trading on? >> rbs is a recov

the company hung on. nt's merger with alcatel was meb meant to make it so it could win business in europe as it did here. the brand name, the finest brand name in the world, bell labs, became like kodak. the patents, they got millions of them. all those nobel prize winners. the patents are for equipment that became obsolete years ago. you could have been a buyer of alcatel lucent all the way down. there so many reasons to do so. i mean, just as there are with nokia or research in motion or hewlett-packard. we hear them every day. there's value all over the place. when you get in the downward death spiral, it's impossible to break out of. the only one i've seen rescued in this ever ra ra is sprint. one last thing. throughout this period, many thought lucent and then lucent alcatel had to make it. some still do. the market says it won't. i think the market's right. stick with cramer. >>> taking control of your financial destiny is smart. why would you go it alone? >> something that has a much larger bearing

the online company providing entertainment. to be no real surprise that one of the biggest pieces of news from. the world premiere of warface this free online blockbuster has been made available in russia before anywhere else especially for males are used by crytek has been billed as the globe's only free online. first person shooter of its kind so far more than four million people have signed up to join the action. elements of the game mechanics has been tested to perfection the thing is. you can't make any mistakes if a game is. exploited to their advantage. that the virtual world is built upon will collapse straight away the reason game to be good is it has to go through in detail checks. of all game mechanics created by developers that would never even reach the gamers will. ever imagine in addition to those game mechanics everything from the interface to physiological responses get tried out for starters they check to see if things like maps and extra information easy to see on the screen. heart rate and all measure to make

of honeywell. >> tom: still to come, with the fiscal cliff fast approaching, more companies are offering special dividends with the threat of higher taxes next year. some optimistic talk today about the fiscal cliff gave the markets a lift, and so did some fresh economic reports. the federal reserve said the economy is growing at a steady pace. the central bank's beige book report out today showed small gains in hiring and consumer spending, but manufacturing activity slowed down. now, in a separate report, new home sales fell slightly in october, down just 0.3% compared to september and below expectations. the median home price was $237,700, lower than a month earlier. and investors were encouraged by news from spain about a deal to clean up its struggling banking sector. the dow gained 107 points, the nasdaq finished higher by 24, the s&p 500 was up 11. john manley is chief equity strategist at wells fargo advantage funds. >> tom: john, you just heard the c.e.o. at honeywell talk about the lack of real hiring plans, partly because of the fiscal cliff. does that concern you as a stock i

as investors need this week is the outlook for the company way that glazer is pretty fair to say they do because right now investors are not at all happy with the fact that b.p. has been trying to basically plug the hole in its reputation worldwide after the gulf of mexico oil spill that you mentioned earlier in the program indeed after the deepwater horizon incident b.p. has been doing everything possible to repair its. reputation and so far paid around thirteen billion dollars altogether in all the works and that includes four and a half billion that they've just recently paid when they basically pleaded guilty for the for this for this incident one point three in just criminal fines and that's a record some now in order to repair this investment kind of damage b.p. now has to look for some kind of options to keep its investors happy and indeed buy back is quite an easy one yeah but is it the only one is it the only option of buying back that well there is no alternative it is to generate good news all the time of course but that's a much more complicated so much more difficult you

[stopwatch ticking] >> can google manage the company's explosive success? > they're expanding so quickly that they might just blow up, that the wheels might just come off. >> when 60 minutes on cnbc returns in a moment. [stopwatch ticking] n you take a. ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >> both sergey brin and larry page come from brainy families. larry's dad is a computer science professor, sergey's dad a math professor. they even look a little bit alike. but in their personalities, they're opposite. page is shy, almost introverted, brin more outgoing, something of a showman. >> is it true that you're a gymnast? >> i've done various acrobatic things over time. i took some gymnastics classes at stanford, and i've taken some circus classes since th

the company vows to fight this case in a georgia court. year, devida settled a similar case. pat burns says the bigger problem is even if a company gets caught cheating the government the executives never seem to face punishment. fines are paid, business continues as usual. if the fraud is not caught, then taxpayers foot the bill. if the fraud is caught, stockholders foot the bill. >> they are voting for harsher treatment. he points to record billion fines that are paid but executives don't get punished and the companies continue to do business with the government. one of the company's defenses to cnn is that the company has continued to charge the good. the government has come in and investigated what the allegations are and in both cases the government decided to drop it and move on. the decision should not be miss construed about the merits of the case. the u.s. department of justice doesn't have the people. the u.s. department of justice declines all the time. which brings us back to one doctor and one nurse who stand to make millions

the company is expected to close the year with 39 locations, most in texas. do you know that works out to be a comparable store growth over 20%? it can be intoxicating. because they are opening lots of new locations doesn't mean chuys will be a success. last quarter the company posted a measly 1.5% increase in same-store sales. i don't care how many new stores they are adding. i'm not paying 33 times earnings for a company with comps that low. you are up 64% from the ipo, 39% where it started trading. it's time to ring the register. anything else? you're being a pig. how about bloomin brands? it is the company behind outback steakhouse, carraba's italian grill, bonefish grill, flemings. they either own are franchise. the average check is just over $20. while it's not fancy, bloomin is at the high end. this company has been able to meet expectations. same-store sales numbers were solid up 3%. this stock had a real run. bloomin popped 13% on its first day of trade. it's gone on to rise another 17%. given fiscal cliff and capital gains taxes could go higher, i'v

change the whole idea. of this company used to account for one hundred percent of the tablet market now. just to be more than fifty percent. of the rest of the market close to different companies. there's also a very very small. sliver of the controlled by windows based devices. however in russia. has a little over twenty five percent. of the remaining three quarters of the. devices. people. are more for entertainment for consuming content. the microsoft surface for creating content for work is a very convenient cover. that is. hardware. thrown over operating systems as well. as probably well aware of the major. in terms of traditional desktop. systems. computers out there. to translate into. the world becomes. they can't sit on the sidelines any longer. the company is paired its surface tablet launch. version of windows. on the mobile device. has worked hard to reverse. that at this point it is hard to say if they'll be successful. to showcase their new operating system the company launched parties across the globe at the

of the rest of the market different companies. very very small sliver of the controlled by windows based devices. however in russia. has a little over twenty five percent. of the remaining three quarters of the. people. are more for entertainment. content. the microsoft surface is for creating content for work. very convenient. hardware. operating systems as well. the major. in terms of traditional. systems. to translate into. the world becomes. they can't. watch. it on the mobile device. has worked hard to reverse. at this point it is hard to say if they'll be successful. to showcase their new operating system the company parties across the globe. for the company though is the fact that in recent years microsoft it's able to branch out from its traditional stronghold and still find success early. gesture recognition software it's connect and related gaming systems have proved a major hit for the old and young alike but here the real thing to see is the launch party unfeeling of windows eight along with the much touted surface tabl

performance of the company, the stock price, butmmitment and resilience to hp employees that i think you're going to see us come back here in a very meaningful way and it's not quick. in today's market, people want a quick fix. there is not a quick fix here, but i know when you line up 300,000 hp people against a mission, i think we're going to deliver here, but we have to manage expectations about how long this will take. part of the way hp got into trouble is short-term fixes that didn't actually lay the foundation for the next five years of hp. and you've got to build for the future here. yeah, could you pump up earnings for next quarter, next year? you could, but it wouldn't lay the foundation for what we must have in terms of the foundation to build the next generation of hp products. >> meg, some critics mikt say introducing a tablet next spring is not layine groundwork for the future. given that the tablet has existed and gained so much penetration. what can you say about the next generation of product? the future product bey

, telephone companies. under therules in many places, you can have cable company and phone company weathco? running down your street. but when hundred units, were not quite larger building. if there's a building in north jersey this not been wired for four years, that building as they come off residence. the advocates for the state of new jersey. when i wrote about that, i thought certainly some executive at ricin will say it's not politically smart to do to figure out how to get the people to wire their building. they didn't want damage done to it. they were told no, we don't negotiate control cyt. that's how much power these companies have. if the advocate for the state of new jersey kanka fiber-optic service and what hope do you or i or anybody listening habits plus every briton to take away your right and invest all the power in the company and then cut out the state regulators who were there to protect you. >> , to get to this at the end, what would she tell consumers? and i you recommend people involved politic

is this a losing bet for the company? $500 million is all up for grabs in tomorrow's powerball lottery. we have some sound advice, investment advice for the lucky winner. hopefully it will be scott or one of the "fast money" guys. back to you guys. >> thank you so much. green mountain reports earnings after the close tonight. the sthook on a run lately, but is one of the most debated on the street. herb greenberg is here with what you should expect later this evening. i know you watch this as close as anybody does. it's a stock that's done quite well of late. new ceo being named. maybe he's going to be on the call or not because it's not technically the ceo. >> i don't think the company can aafford a bad quarter. >> can it ever? >> in this case really. last quarter the stock spiked after the company announced earnings and talked about how well they're going to do with their forecasting, and how they fixed forecasting problems. if they come out and don't give ut number people expect, i think they have a huge credibility pro

at the time of the whole company. that is not yet the case, but ultimately, it isn't who was guilty of the crime, it is who is the author of the culture and work patterns that result in these kinds of accidents that has to pay a price and be charged i think so we'll see what happens at b.p. >> before you were on, i was speaking with larry cohen and we were having a discussion about whether workers should be represented onboard of directors, whether it should be a requirement that there be some state. do you think we should be doing that as a matter of policy in the united states? >> absolutely. because as a country, we have succeeded based on checks and balances. and checks and balances in the workplace requires workers having a real voice and a real say in what's going on. they're not simply factors of production. they are a vital part of any company. >> absolutely. u.c. berkeley professor harley shaiken, thanks for gottenning us. more after this. >> in 1914, a midwest industrialist doubled the wages of his workers t

the company's doing okay. you're absolutely right. the company doigs okay. do more work and come back. let's go to steve in new york please steve >> caller: greetings jim from the beautiful finger lakes of central new york. >> i love the finger lakes. what's going on? >> caller: two-part question for liberty brands. it looks like the revenue numbers are finally catching up with the same store sale numbers as evidenced this past month. the stock has been in a trading range 45 to 49 for several months. today it closed at 52.15. is this the breakout we've been waiting for? >> i'm going to say yes. no one had a good month in november except for amazon and euro play and limited. if you have have a good month of november when a lot of businesses were shut down because of sandy, who knows what could happen during the closer we get holiday season period like right now. limiteds for me for you. what the heck was up with office max? i thought it would be left for dead but it's coming back to life. the company has some things going for it. if you're looking to get in, y

s investors need to see is the outlook for the company really that gloomy at the moment with this week apart yes but when it comes to the outlook for the company i mean depends on how you look at it really on one hand of the gulf of mexico spill in two thousand and ten has already actually cost the company around thirty billion dollars altogether managing it all in dealing with the consequences and just the latest and latest claims that they've paid a four and a half of a billion dollars a record some one point three in fines one point three billion is absolutely an absolute record for for a charge actually the second investigation now going on it could amount to another twenty one billion dollars of the clear water act so indeed the company is requiring a lot of money to do. with this and investors not seeing that much of a promise for dividends so indeed they need some kind of incentive as in stimulation of the market price yeah but why a buyback style why not find another way of sourcing some kind of revenue or say the tentative to market buyback is actually generating good news and

insisted that her, it's fbi and the company. s insisting that are, i think the illustrative and not, where's the fun existing international law. under international law and practice. espionage, crime, viscous to your point. espionage and crime are not the use of force and therefore would be difficult to consider them as something that could be considered inactive or. a political decision as general cartwright said, but we don't even get to that point. there is the ambiguity that if he reaches a threshold where we say okay, now it's like the force i'm not one. i think the list right, i don't think we've worked that out. but don't be surprised if you see a merge from ministerial in a month, some sort of guidance on how to treat these things. >> when you think about the tools in our tool chest, one of the things we haven't explored is the use of private sector in areas of economic espionage. the espionage act does not have a civil remedy denied years ago. it seems right to figure out what the role of private sector is in actually go

i have to tell you that you should be selling the company for ages. believe that the culture of the company has been broken for a long time. first, hewlett-packard has gone from being an innovator to an assembler and puts them into a machine. so do many other companies and it is going up against apple which is slowly taking share and now that is accelerating. it sells printers, neither the pc nor the printer business is proprietary. it bought gme but now finally tried to crush cisco but it has since vanquished them. notice, it is being crushed in every segment in its business and it is down 55% this year. they have a whole new reason not to own it. accounting irregularities. it needs to be sold when you can. how about best buy? here is a stock that has been cut in half during a time of endless rumors that something grand was going to happen. that its founder was going to launch a takeover bid and take the company private. you cannot speculate on takeovers if fundamentals are in decline. they have been declining with terrible sales. i think that it is a

the fiscal cliff. not only are companies warning in their press releases, but even during the earnings calls, we're seeing that a lot more analysts are bringing it up. which shows that both wall st. and companies are concerned about the fiscal cliff. >> reporter: mcdonalds, gannett, general electric, j.p. morgan, costco and a.t.&t. are just a few companies that have warned that the fiscal cliff is complicating strategic planning. with all these challenges, firms are controlling what that can. >> companies now are mentioning very heavily their cost management programs going into 2013. they are hedging against the fiscal cliff with that. >> reporter: dow chemical, dupont, advanced micro devices, ford and kimberly clark have all announced layoffs, in an effort to cut costs. unfortunately the outlook for the 4th quarter is dimming fast. profits are expected to be up just 5%, with revenues remaining weak. that's bad news for investors, and workers alike. erika miller, "n.b.r.," new york. >> tom: $0.46 cents of every dollar s&p 500 companies make, comes from overseas. but with europe in trouble and china slowin

we compete with the cable companies primarily. we compete with the wireless companies. those would be the principle competitors. >> host: do you ever collaborate with them? >> guest: all the time. today, i meet with at&t, verizon, other companies like them who we work together, and we compete against each other in ways, but we also work together to provide services to consumers in ways as well. >> host: here to help us explore the issues from bloomberg is paul barbagallo, a reporter, welcome. >> guest: thank you. hi, jeff, good to see you. >> guest: good to see you. >> guest: one of those that affected your company and telephone companies represented by this is reform, and a year ago this month, the fcc put forth a major restructuring plan to revert a $4.5 billion subsidy fund that had focused mainly on helping -- helping companies pay for the cost ofÑ!ó providing rul telephone service, and they converted this into a broadband subsidy fund. a year later, has the fcc achieved its goal? >> guest: there's two parts to that; right? huge changes in terms in which we pay one a

shares jumped 5.7%, en though the company forecasts break-eve results in the current quarter. it's expecting to see lower prices and lower shipments for some types osteel. two other material companies-- o gold miners barrick gold and nemont.mo barrick fell 9.4%. quarterly results were disappointing as commodity prices were down and costs were up. newmont dropped 2.5% before annncing its results after the close. it expects to be at the low end of its outlook for the rest of the year. america's biggest publicly traded energy company, exxon mobil, saw production fall to its lowest level in three years last quarter. still, earnings per share were stronger than anticipated, helped by profits doubling i its refining business. but production fell more than expected.ng the company explained part of the drop was due moving drilling rigs from going after low price natural gas to higher margin oil. shares were up a fraction, rising a half a percent. volume was stronger than usual. the stock is up 20% in the past year. the biggest retailer was the biggest drag on the dow with the market tr

the companies that have the great number of subscribers.no matter how deep-pocketed you are, i find it hard to understand even if they want to spend on content, how quickly they can build the subscriber base. i don't think it's possible. i think with low interest rates today it's almost ridiculous to spend the money to buy something like netflix. netflix doesn't have deep pockets. you can blame that on management, on poor planning or whatever you want to blame it on. netflix has a great subscriber base but not the deep pockets. even if you pay a huge premium you get your money back in a year or two. more important you get the placement, platform. you get the benefit of the huge secular change occurring. >> carl, it's guy. i know you're a single stock looking for opportunities. if you could the macro hat on for a second and tell us what you think of the world now post election, obviously the market sold off. europe is in a disarray. where do you think we are headed here broader market sense? >> for the last month we have large positions in d

new jobs and the new products that come out. asking those technology companies to help us identify the skill sets, and then working with our educational institutions like san francisco state or city college which we invested on and want to continue their success and make sure there is curriculum developed so the skill sets that they want and those that are really growing and we have in addition to twitter and zinga and sales force we have products like the ones that are newly forming and moving into market street that are coming up. jack dorsi 's company and using the cell phones to we can buy everything off the phone. >> [inaudible] >> that's right. these other companies are moving in. they're helping us transform physically but we're also asking can i get a chance of working in those companies? can i get a chance of doing this? and i want to say yes to every kid, to every returning veteran, to everybody who is challenged with their careers now and say yes can you, and through tech sf we are making an announcement today. we are going to create in the next five

which represented the entire spectrum of industries and regions across russia. so created i t company hardware maker enter school and a handful of medical firms on the lookout for the next device are made to keep us all on our feet another one of those in the top ten c l r. electronic archive. catalog but it's also one of the leaders. with partners l r co-produce is. all about documentation and just files for. you can also be used for some of the more cool. for example the push to museum of fine art in moscow is in the process of digitizing many of its most treasured works capturing the timeless beauty of the paintings and objects that grace its walls and hollows requires more than just a simple camera. until the two thousand. digital devices. there is a wide range of devices here from super professional to really basic ones presence can produce. unmatched anywhere in the world. digitization needs the pushkin museum has turned to a moscow based company specializing in super high resolution images they claim their system is the best way to get a top notch completely objective represent