time warner cable and comcast, they have those broadband pipes and deliver that broadband. directv, dish, that would be a little bit more complicated because they make the internet deals but dealing with a comcast or time warner cable, they're companies that are organized by region. so, if you're apple, you need to make a deal with the time warner cable and comcast and perhaps others to fill in the holes. >> all right. thank you both very much. comcast down a tenth of a percent is the parent company of nbc and cnbc. thanks, guys. >>> now to brian shactman. brian? >> data storage, fusion io. coming out saying emc might have to go out and take this company out. you see the bid up on the stock, about 6.3%. the stock trading at 27.99. they have a $31 price target. back to you. >> thank you. >>> we'll analyze the analyst. on the list today, abercrombie & fitch and sina corp. an upgrade and downgrade on both. we'll find out which of the analysts have it right. a few more big movers for a thursday in the summer. the markets keep moving.ou] make sure the news keeps coming with thin

the time warner arena is almost ready. the today the candidates were on the move. and so is steve handlesman, who joins us from charlotte. steve? >> reporter: thanks. good evening from the cable box, that's what the folks here in charlotte, north carolina call this time warner cable arena, which next week will be the home of the democratic national convention. it's here that president obama gets his shot to try to fire up his base and win over undecided vote serious like the republicans did last week. before splitting up to campaign, mitt romney and paul ryan put a positive spin on their republican convention. >> coming out of tampa, we have given or fellow countrymen a very clear choice. >> you listen to the last guy running for president. he was unable to do it. >> reporter: in his soaring speech last night, romney did not lay out specifics. >> i have a plan to create 12 million new jobs. >> reporter: nor did ryan wednesday on taxes, spending, medicare, as campaigning resumed, joe biden took a shot. >> congressman paul ryan has given absolutely clear definition t

microsoft, google, time warner, i am. look at mitt romney.an sachs, jpmorgan chase, morgan stanley, bankamerica, credit suisse. corporate donors usually hedge their bets that is why they are on the winning side. we will be back with exurbs from his speech tonight. one of the featured speakers is the oklahoma governor mary foul in. ♪ one. gerri: only four hours away from it romney's biggest speech of his career. neil cavuto is live. could be undersold on the speech? >> is important and crucial. he has a lot of good speakers ahead of him, marco rubio introducing. also clinton eastwood. i know 51 to two come after him but that does help because i go with east would between that or george clooney but it will add to the pageantry and has been well scripted and choreographed to a tipple -- typical business sky running this. these tend to run late, the guest does not show up. it is well ahead of schedule covering bill clinton's convention, while lot of passion, a lot of late everything. that embodied the presidential atmosphere but mitt romney is a

time warner shares climbed 1.2%, up to a new 52 week high. comcast saw a nice pop, up more than 3%, also at a 52 week high. meantime, mastercard saw some selling pressure after its quarterly revenues were less than expected. shares fell 2.2% as volume more than doubled. facebook continues seeing heavy trading in its stock as shares continue sinking. today's 3.8% drop takes facebook to its lowest price since going public in may at $38. it has now lost 45% since then. another social media stock, game maker zynga, also continues to see its share price fall to new lows. zynga dropped 4.8% as it reshuffles its senior executives after disappointing quarterly results. four of the five most actively traded e.t.f.'s were lower. the lone exception was the emerging markets fund, up 0.2%. and that's tonight's "market focus." >> tom: the federal reserve's low interest rate policy has led to historically low borrowing costs, but many small businesses have complained about the difficulty in qualifying for a bank loan, especially a commercial mortgage. as we

it is the same feeling it is a horrible feeling when i felt that it was 20 time warner's her profess profess -- worse. when he stopped said taser i am regrouping i tried to stay still but i cannot so he beats me some more. he is moving. fifth he would call me the names. once used art cursing and beating somebody they really get into it. >> you had a moment you describe in the book where you insert yourself into the long history of black people's experiences referencing the slaves. >> what gave me strength was knowing the blacks before me went through this in slavery. why i said it was just moments to think this is what people went through and still win they don't get caught but i have to survive this. stay alive. you don't have time to think but you already know because you are being beat by people not of your color. i cannot die out here. >> i am reading one of the very few books i buy and the thriller i am looking forward to the atmospheric thrillers before world war ii. he has a new book called mission to paris. i cannot wait to. i cannot wait to read.

. >> all this and more as c-span and time warner cable bring you to louisville on booktv. >> the internet is revolutionizing the way people obtain and process information, and as a result, changing the fundamental ways that we interact with government. and as a result, you know, i think altering to the very core the way we think about politics, the way we elect official, the way we interact with government overall. until just a handful of years ago, i mean, we thought we knew what the internet -- how people were going to use it, we thought we had some sense of it. facebook hits, twitter hits. not enough can be said about how much that has altered the way people gather information. there's political science theory out there that suggests people, that participation particularly in the united states has dissipated tremendously over the last 50 years or so just gradually declining and declining. and one of the theories asserted out there as to why is that social capital is on decline. and social capital can be, you know, in the simplest terms can be thought of an interconnectedness between pe

this is time warner cable arena, the site next week of the democratic national convention where president obama will take his shot at firing up his base and trying to win over undecided voters like the republicans just tried to do. paul ryan and mitt romney tried to put a positive spin on the republican convention. >> we have given our fellow countrymen a very clear choice. >> if you listened to the last guy running for president. he laid out what he was going to do. he was not able to do it. it is time to give someone new a chance. >> in a soaring speech last night, romney did not lay out specific. >> i plan to care -- a plan to create 12 million new jobs. >> campaigning resumed and joe biden took a shot. >> congressman paul ryan has given it absolutely clear definition to all those vague commitments. >> a lot of the applause today is not about to run the speech, but clint eastwood and his chat with an imaginary barack obama. >> people were wondering -- >> viewers saw that instead of moving tributes. >> what happened with clint eastwood is not going to decide the outcome of this campaign

the time warner arena in charlotte is almost ready. both this state, north carolina, and florida, are ballot ground states, where both campaigns will be carefully looking at the polls to see what kind of convention boost romney got from the rnc. at the site of the dnc, time warner arena in charlotte, i'm steve handelsman, notiews4. >>> more now on the moment, the monolog from actor and film director clint eastwood. the 82-year-old appeared as a surprise guest. during his remarks, he used an empty chair to conduct a mock interview with president obama? he criticized the policy in afghanistan and performance on the economy, but he did say he was moved to tears during president obama's victory speech four years ago. >> i thought, this is great, everybody's crying, oprah was crying and i was even crying. and then finally i haven't cried that hard since i found out that there's 23 million unemployed people in this country. >> as for the empty chair, president obama's reelection team was clearly watching the seat. they went out a picture wit

time warner arena es el escenario deportivo de los bobcats re adecuado para recibir a miles de personase domingo puede ver una ediciÓn especial de "enfoque" en directo, un previo a la convenciÓn nacional democrata de charlotte carolina del norte, como todos los domingos a las 12, 11 centro. vamos a pasar a loussiana, se sienten efectos del huracÁn isaac. el fenÓmeno natural dejo muerte, destrucciÓn y severas destrucciÓn a su paso. por varias ciudades del estado. cristina londoÑo en directo con lo Último. adelante. >>> gracias josÉ, mitt romney cancelÓ un evento programado en virginia y su primer viaje como candidato a la casa blanca. vimos con su cosa ann. recorrieron algunas zonas mÁs afectadas por el huracÁn isaac. pudieron hablar con vÍctimas, y tambiÉn con miembros de los equipos de rescate. por otra parte, el alcalde de nueva orleans, hoy iniciaba la etapa de reconstrucciÓn y recuperaciÓn. >>> con tono dÉbil y desafinado, nueva orleans lucha con poner... algo difÍcil para este grupo de trabajadores mexicanos, dicen que su visita al paseo del rÍo, que bordea al mississippi fue un re

direct tv, general motors, or time warner cable. now the payoff.warner cable which has climbed over 30% year to date. >> welcome back, meanwhile, facebook is going back the other way. issues around facebook, that's pressure to facebook, bertha coombs with that right now. >> those who got in at the height are really feeling pain, they're looking at social pariahs. they're down 35% and 45% respectively. take a look at groupon today that's at an all-time low. they closed only 10 times. it's down nearly 80% from the all-time high. one of the survivors is yelp. it only traded belowt's ipo price once. >> thank you, bertha. the fed announcement earlier today said it will not stimulate any actions, at least not yet. >> one of our next guests says it doesn't mat whaert fed says or does, with us is two guests, great to have you here, gentleman. putting money in the market regardless of what's happening from the federal reserve, why? make the case. >> there's a lot of pretty attractive opportunities out there. we're buying emerging market debt with you know,

time warner did not have these kinds of numbers.t, you can sake jim you're obviously currying favor. i don't know, joe. this is domestic security, a company i don't have to read the asterisk about how bad spain is, i don't see anything about germany. >> you're from philly, too. there's a million reasons why you're conflicted. i can name more, but i believe you on this one, jim. >> people want steady stories with great operating cash flow and good growth. you can't get any overseas, comcast, a domestic company, rather strong. i know you embrace this. the united states just isn't doing that badly. >> i know. the companies are doing great. i guess if there was more demand, they would feel more comfortable about long-term decisions. >> but comcast looks like a bank. operating cash flow of 4.2%, these are the number you expect when people are buying homes, putting in cable. the business network numbers say that small business is doing good. i keep coming back to the deal, there is strength at the company level, just not at the washington

it kicks off next week at the time warner cable arena in charlotte, north carolina. today a new high-tech podium complete with special effects was unveiled. looking forward to see what the convention will bring to his city. >> you can already feel the excitement in our community. you can see and feel the energy even in this room. and when i look at how this room has been transformed into a convention hall, i know that the queen city will put on a first rate, 2012 democratic national convention. >> among the speakers on the first night, michelle obama, president obama, and biden will accept their party's nomination thursday. >> some voters in northern virginia will be heading to the polls on tuesday. a special election held to fill the 45th district house of delegate seat once held by david. democrat rob and republican, timothy mcgee and justin are competing. the winner will finish england's term, which ends next november. he resigned his seat this summer. >>> could take a while before the gulf coast is dried up from isaac. left some homes under 12 feet of water. more

the legislator and say if you don't vote for this i'm going to drop a millionaire operations like time warner corporations like the new york times corporations like c.b.s. . of course i'm going to really go to alan undiscriminating here and when you go to alec and you have a place like virginia where they can pay for the vacation they give unlimited corporate you know unlimited amounts of money you know you have legislators the problem carol all about this stuff but they they just got paid off to do it and they're going to go ahead and go ahead and do these things and you see it's not just guns right it's coal it's tobacco in fact there's a panic there was ok. i think you know we. had these. shootings recently and never are there any legist never is legislation brought up to address them and i think one reason why is because you have this huge powerful corporate force that's preventing it and if you have a human constitution now it has a second amendment this is my question yes where it's always consciously focused on the rights of gun owners gun owners yes isn't there a right or non gun owne

at the opening session -- in a time warner cable arena in charlotte. we cover it through the acceptance speech of the president on september 6. thank you so much for being with us here in florida. coming up next is our coverage of the convention continuing. we show you the program from politico.com and where there group of professional observers talk about what they saw and heard tonight. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> welcome to political live, wrapping up the 2012 republican national convention in tampa, florida. let's start out with one of the most bizarre scenes in prime- time convention history, a rambling interview of clint eastwood looking at an empty chair, leaving the floor befuddled. a night that ended with a forceful conclusion to what most people will say was a very fine speech by mr. romney. i am joined by my colleagues. mike allen, editor in chief of political. john harris -- what did you think? >> if you wondered what a business-oriented presidency is go

sprint time warner cable varieties in many others they've already met with government representatives to talk about how to integrate surveillance into already existing and still evolving technologies now earlier i spoke about this with rebecca bow international privacy coordinator for the electronic frontier foundation and we started off by talking about the standardization concerning these surveillance laws i asked her why it seems that other countries also seem to have taken a keen interest in this here's her take. and the i'm not really sure as much about you know we're not we haven't really looked into so much the sort of collaboration between countries but i do know that we heard governments saying that you know they want to be able to capture sort of all of the different online communications that are out there and that there so much happening there on able to capture you know our users and that is that a radical expansion of police surveillance powers really isn't the answer and privacy has to be protected and civil liberties have to be upheld. just last year or so for a second

the time warner cable arena in charlotte, north carolina.can convention hasn't cooled yet, but the party's newly minted nominees are out there on the campaign trail, tweaking a schedule to squeeze in a presidential looking visit to a disaster zone. cnn's national political correspondent jim acosta is in new orleans with details. what's the latest with mitt romney, jim? >> reporter: wolf, mitt romney was scheduled to visit three battleground states today. at the last minute, his campaign aides scheduled a stop here in louisiana so mitt romney could go and visit some of the storm damage in this state. it is a sign that this campaign with just two months to go will have plenty of twists and turns, including one last night. >> mitt romney! >> reporter: just before takeoff from florida, mitt romney picked up where he left off at the convention, returning to a sales pitch to independent voters that chose the president four years ago. >> you listen to the last guy running for president, he laid out what he was do, he was unable to do it. time to gi

. >> time warner cable will spend $25 million to expand its fiber optic network in new york city. the company says it plans on selling the network owe business customers and will run about 20 times faster than current speeds. this is available to both homes and business autos and ibm introducing a new computer today hoping to improve performance will reboot main stream revenue. the enterprise has 50% more capacity than the last model. it's designed with built in security software and support for private cloud environments. the company spent $1 billion to develop the machine stocks fell as investors watched reports ahead of the speech on the economy set to take place on friday. and showing consumer confidence fell in august by the most in 10 months. shares of oracle and apple drugging -- dragging the index into the red. and is is mobile wallet is supposed to go live but the company worked on security and other features, it will join a crowded mobile payments market including square, google wallet, pay pal and others. >> thank you. >> now on to weather forecast. there is another gorg

one thing in time warner another no you can have the same company that sends information over telephone wires or five or optic cables those same people can see exactly what's happening in your house and they realize that they can make a ton of money by doing that and they have men and so the surveillance market really has been picking up in the last couple of years but it's just. about to get to it you know if we go to this case to the court of appeals it's kind of terrifying what we know now well yeah i mean talk a little bit about this court case and you know how much they can get away well did the one argument has existed since the bill of rights at the fourth amendment protects against unreasonable search and seizure and that the government or anyone can just you know stick their hands in your pockets and put a big magnifying glass over your house and see exactly what it is that you're doing but last week the united states court of appeals for the sixth circuit said well maybe there's a little we have it leeway here anyway when you see the word on reasonable you know for a sigh slee

sprint time warner horizon and they've already met with government representatives to discuss how to integrate surveillance into already existing and still evolving technologies so i want to break this down and to help us do that let's go now to privacy coordinator for the electronic frontier foundation rebecca bow rebecca thanks for being on the show so much for having me absolutely first tell us why is it of interest for these other countries to be involved and to sort of work together to standardize surveillance laws. yeah i mean i'm not really sure as much about you know we're not we haven't really looked into so much the sort of collaboration between countries but i do know that we heard governments saying that you know they want to be able to capture sort of all of the different online communications that are out there and that there so much happening they're unable to capture you know our users and that is that a radical expansion of police surveillance powers really isn't the answer and that privacy has to be protected and civil liberties have to be upheld. just last year off

we'll get reports from avon, harley davidson, mastercard, time warner and after close we'll hear from life and yelp. it's not a bad agenda today. >> no, that's a full one and i like the econ date data on it. >>> an official at the of england says he the they are to be blamed for recession. would you rather have the boss or the bernanke running the economy? e-mail us here at worldwide @cnbc.com, tweet us with your thoughts or anything else we've been discussing on the program this mornt @cnbcwex and you can reach us individually. >> maybe the boss would be better at releasing the animal spirits. >>> still to come, some controversial comments from policy makers elsewhere. bundesbank president says the german bank is bigger at the ecb than rest. we'll talk about it when we come back. i look at her, and i just want to give her everything. yeah, you -- you know, everything can cost upwards of...[ whistles ] i did not want to think about that. relax, relax, relax. look at me, look at me. three words, dad -- e-trade financial consultants. so i can just go talk to 'em? just walk right in and

they will be as willing as these guys were to work with the americans during a really important time. >> warner: let me ask you about one other development we hear about out of afghanistan which is is the government revealed, quote unquote, this week that they had talked with a senior former taliban leader. is there anything to this talk of renewd negotiations or peace talks? >> right. it's very early in the game at this point so it's hard to say for sure. i mean certainly both the afghans and the americans here will tell you that they're confident that this chapter and talks with the taliban will be more successful than the last. the last was essentially a failure. very, very little happened. the afghans mostly blamed the americans for not giving them sort of the proper role at the negotiating table so this time the americans are very adamant that the afghans take the lead in a real way so what we're seeing now is mostly that. it's the afghans meeting with key taliban officials in pakistan and most likely in other places as well. and trying to get these negotiations off the ground. the questio

. >> we'll continue to work with cnn and our other time warner and turner partners to reach out as well as reaching out on cartoon network to young people. we'll launch additional activities in the fall, um, that you'll learn about later in this year. but this is a long-term commitment for our network. um, it's both heartening and sad to know how long many people in this room have been working on this issue. but i will tell you that from a youth broadcaster perspective, cartoon network and my boss, stu snyder, who's our president, are committed to staying with this topic. this is not something we're in for a couple of years and then out. this is a concern of our target audience. we serve a vulnerable audience, and we continue, we will continue to put this information out there. um, we're also working on long form content. it's great that we do video shorts, but it's been terrific working with writers and producers of some of our most popular shows. i know everyone in this room is a huge "gumball" fan. yeah, yeah? you work with writers and producers, it takes about 18-24 months to produc

it's called time warner customer service. [ laughter and applause ] it works almost the same. olympic news, i read that the youngest athlete on team usa is a swimmer who's 15-years-old. while the youngest athlete on team china is a gymnast who should be born any minute now. [ laughter ] we have a great show tonight. give it up for the roots, everybody. ♪ [ cheers and applause ] >> jimmy: oh, man. what a show. you guys, it's olympic week here at nbc. it is amazing. it is stupendous. it is incredible. it's time for the "late night" olympics countdown. [ cheers and applause ] ♪ [ shouting ] [ gunfire ] >> steve: yeah! [ cheers and applause ] >> jimmy: there's one day left. only one day left. we have a fun show tonight. he is a comedy icon. we couldn't be more honored to have him back on our show. bill cosby is here. [ cheers and applause ] also, we love this guy. fred willard is stopping by. [ cheers and applause ] he's got some stuff he wants to talk about. and we have music from the one, the only, no doubt, you guys. i'm very excited. [ cheers and applause ] you've heard of the

>>reporter: it is interesting at the time warner cable arena crews had seven weeks to put this togetherm an nba arena to a state-of-the-art convention facility so they released this video showing the crews hard at work. there is fine tuning going on both the crews setting up the convention and the technical crews who are going to be broadcasting it live, including some of our finest people, and the bottom line, when the convention is over, they got three weeks to put things back the way they were so the charlotte bobcats can start the season. the recent polling suggests that president obama and joe biden have work to do here in the state of north carolina. polling here suggests that this state is a battleground neck an neck. >>trace: and the bobcats have their own work to do. we now have campaign contributor, ed and julie. the republicans are saying, ed, it appears, that the democrats cannot stand on their record. you hear joe biden talking yesterday or today, and he thinks they can. it looks like they are going to be touting what they have done the past 3 1/2 years. >> whatever our imp

this may be the worst merger since aol bought time warner. with me are two veterans of politics, bob shrum and former republican chairman michael steele and msnbc analyst. i want to start with you, michael, because you are always a straight shooter around here. is cold feet too cold a term to tough a term for the feeling some are having about ryan with his difficult budget to sell? >> i don't think it's so much cold as it is nervous. i think that as the dust has settled on this and particularly those down ballot congressional races, we're only talking about 25-seat change in the house. when half are close to half of these seats may be in districts that are too close to call for some republican because they lean democrat, it becomes a major concern. now that you already noted, the conversation has shifted away from even, you know, taxes and tax returns and the like to okay, let's talk about the specifics of your budget. let's talk about the specifics of medicare. a lot of those can't i have begun to hear a little bit of the rumbling, among som

we're at time warner cable arena in charlotte where next week democrats from all over the nation will come to renominate president obama. his competition got the jump on him today being the first to get a look at the effects of this week's hurricane along the gulf. chief political correspondent carl cameron has that story from new orleans. >> this was a big week for us. >> reporter: the morning after formally accepting the republican presidential nomination, mitt romney, wife ann, and paul ryan held a departure rally in florida and went to isaac-damaged louisiana, through flooded streets and neighborhoods. he consoled residents of hard-hit lafitte, thanked emergency responders and got briefed on rescue and relief efforts by louisiana governor bobby jindal. >> people around the country know that folks here need help. >> we live in a very generous country. the american red cross, the southern baptist foundation. >> the people here, some 5,000 or so, how many of them are in shelters or outside of your homes, you think. >> that were supposed to evacuate? to be honest? you'll meet the mayo