liz: this is a huge get. i cannot wait for the interview because this guy is somebody that google's watching very closely. i can't wait to hear what he has to say about battling google and google docs and storage offered for free. what is box doing? can't wait. this is a company that phenomenonture 500 companies cannot live without. i look forward too to that. have you seen peacocks out there? they walk around on the streets. >> ha-ha. liz: it's cool. >> i have not seen any. we spoke to cheryl as you said, wouldn't talk about the settlement getting all the attention from nasdaq, but she said, look, mobile is big and talked about facebook, mobile revenue up 30% this year, last year, there was no mobile revenue. all mobile, and that's the theme here, mobile first. liz: monetizing mobile, mm. see you in a moment. 45 minutes before closing bell rings, down well off the lows, had been down 180 points, how soon could we see, as we have dow 15308, dow 20,000? one fund manager's bold prediction giving the number of y

back out to liz, liz? liz: thank you very much. rich edson, u.s. stocks as you see, did very, very well because of that jobs report, but let's get to nicole because there are people who are obsessed with 3-d lately and others say it's not taking hold, get to nicole, nicole? >> oh, it's taking hold. i remember black and white printers, color printers, and now 3-d printers that are mainstream. there's a story for you here. look first at the stock, 3-d systems, up 1 and a quarter percent today on the news that we're watching this news that it is mainstream, 3-d printers. staples on board here. they are the first major u.s. retailer to sell a 3-d printer, and it began selling the cube made by 3-d systems, this week, today, and now they say it hits many, if you're hot on a pled printer, well, you're set. back to you. liz: thank you, nicole. i just want to tell you guys that when we just interviewed warren buffet's kids, a big crowd actually just gathered here behind me, and as you can see, they came and they were listening and one of the important thing

liz: great. do you have an example of where that happened, a imean where they had a split and the company was doing well? >> yeah, off the top of my head, one company in the sample is pmcsierra, a demotion separation in 2004 issue i believe, and in a year when they saw 70% return to shareholder value in the subsequent year, there was given back half the return. liz: the question becomes, ryan, when a sharon and ceo are the same person, is it good because perhaps the ceo is unopposed and feels very free to come up with ideas, or is it important to have the sense of checks and balances? >> i think the answer is, again, it depends. it depends on who the people are and it depends on how the firm is performing, so, yes, there are some pros to separating the positions. one is that you get better accountability, sensibly, if the chair performs his or her role correctly, greater accountability for the ceo, and the ceo can out of load burden on to the chair. the chair can fill certain roles the ceo might

liz: indeed. and so when you get the picture overall from the traders in the pits of the cme, what is the factor that you think will change this course? >> what's going on right now, let's not talk individual stocks, what the indices. we have a pattern of low-rise, a question of staying over a key moving average, the 18 day average. in the markets are narrowing the pattern. the taqueria is it is still going to be a sell in may and 08. what is the fed going to do? it's almost like a cat and mouse game. we have to your summer for the food. every time they come out with the pot. going to cut off or they let this go. that's what this market is doing. it goes up one day and down the next. it's almost schizophrenic in terms of the momentum and psychology of work. liz: the we are in this narrow swing range of 100 points year, 100 points there. we are at levels not seen since we have been keeping records when it comes to how much inventory we have in crude-oil. yeah oil moved higher today. this is a dange

liz? lizly -- liz: oh, thank you very much. good to see you. ed, by the way, the guy who runs the company that figuredded out the chinese were hacking the new york new york and "wall street journal," the ceo of mandia, figuring the trails, finding it, figure out how the hacking is getting in. he's in a fox business exclusive on "after the bell" testified today, and we'll see what he thinks of the government's efforts, and if it's a biforkated effort. look at the markets. we're jumping 37 points right now, we have busted through the ceiling. the earlier high at 26. closing bell ringing at 30 minutes and change. who are the richest people tweeting? those on twitter actively tweeting? what are they saying? we have the top list coming up. plus, groupon andrew mason gone since the last earnings report, and the hunt for a solid ceo still on. they have one starting to run it, but what do you expect after the bell? we have an earnings preview coming up next. ♪ i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting ma

liz: okay. doesn't scare you off though. >> no. liz: okay. >> absolutely not. you know what? liz: go ahead. >> no, no, i was just saying if you were walking in the mall and you saw a francesca's and how packed they are, it wouldn't scare you off either. liz: okay. let's get to michael kors because i would imagine he's smart enough to make sure he has solid margins. >> yes, exactly. what we're seeing from them is just some innovation. so they're constantly providing new product, offering great details, but at the end of the day they don't go into a great amount of depth in terms of carrying inventory, so it's all to get you in the store. the customer is really walking out with a black handbag, but it's really about providing compelling fashion, and that's what they do best. and it's also a great shopping environment. liz: the two names you were avoiding with guess and bebe. what do you think is really the reason you believe these stocks are not going to be poised to soar? is. >> i think an issue

liz? liz: adam, tell me what he looked like and what the atmosphere was like in which you spoke to him. what was that like? >> reporter: so i met him, you know, on television when you see lawyers meeting with clients, it was in that kind of room, a stark, white room. he looks pretty healthy for a 75-year-old man. he wears the prison tan outfit, it's like a work shirt and work pants. he is in a medium-security prison. he talks about it, he referred to it as a kind of camp. this one's surrounded with fence, chain-link fence as well as razor wire. but there's a degree of freedom here that he enjoys as opposed to a maximum security facility. but he seems to be in good health, and he looks healthy. i don't think that'll bring joy or pleasure to his victim, and he knows that he is a hated man. liz: or his son who committed suicide and blamed his father for sneering the -- smearing the family name. the whole story is just an epic tragedy, but most for the family and, certainly, for the victims as

liz: fascinating. we want to show you the picture, once again, near baltimore we have a trained derailment. it has caught fire. it derailed just after 2:00 p.m. eastern time. we do have many different emergency workers on the scene. as we look at what is going on here, the cause of the accident is unknown at the moment. to the left was a bigger, sort of fire that had broken out. at the moment, we are watching this closely, carefully. we will get any details as they come available. closing bell ringing in 49 minutes. several major banks flashing their 2013 outlook for precious metals. you decide if now is the time to grab some unloved silver. my next guest says there is always a silver lining. he will join me in a fox business exclusive coming up. ♪ liz: precious metals losing their luster today. first, the dollar is stronger. analysts at jpmorgan lowered price forecast for most metals. bank of america also sliced it 2013 outlook for silver. john smith, silver standard resource ceo and president joini

liz: thank you. i am just looking at all that is happening with the market we need to let people know we are hitting record highs for the dow jones industrial average here are an insult very good for american express kevin johnson and johnson internet technologies are all-time highs with the dow jones industrial average up right now big move up 101 points going into the hour the height of the session was up 79 points and we're looking right now at a low for the s&p down 10 points now we are up 14 points for the s&p 500 the closing bell rings in about 50 minutes and the powerball jackpot is up at $600 million. we want to ask you if you want it all what stocks would you buy? give me five names. tweet me and log onto facebook. i know some of you are right. tracy. and threatening the crackdown on we hear from the chairman of the sea and the group after this. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treat

liz: thank you, nicole. we talked about the upcoming vote on whether the head of jpmorgan gets to keep both the ceo and chairmanship roles, and what dimon is likely to do if the board decides they can't have it and they split the job. charlie has been talking to a bunch of people on wall street and we're joined by the top banking analyst. talk about what you think is going to happen in just about five and a half days when this goes up for a shareholder vote. >> well, i actually think he's going to survive. i think the vote could be something like 55-45 #% in his favor, but i don't think he's going to be put in a position where he's going to have to decide to leave the company or stay. if he loses the vote, though, i really do think he will leave because it's now become a bode of confidence on jamie dimon rather than anything to do with corporate governance. >> i read the note put out this morning about the situation. one of the things you come to the cop collusion is there's a lot of nonsense whether to spli

liz: sold. so let's get the growth charactertics into our viewers portfolios with your picks here, focusing on two subsectors. let's get to the first one. specifically high-end malls. what are your names in the space? >> our favorite names in the space are simon property group and talbot centers. they generate higher per square foot sales than most of say the average mall. malls are very well-positioned. they tend to own good real estate in high quality areas and with same on and taubman being at the upper end of that group, you know the high end consumer has held up very well. we've seen good retail sales and we think that both simon and taubman are well-positioned for future growth. david: craig, anybody who lives in any major city, particularly new york, knows that rents are sky-high right now and some reits focused specifically on rental properties. which ones appeal to you most? >> yeah. equity residential would be the one that appeals to us most, excuse me. not only are we seeing good dema

liz: what a busy week. los angeles, omaha, new york , the closing bell rings and 29 minutes and coming up we have a money manager who is so right on the money that the last time he was here both of the picks made a 20% jump in to date he has more names and you need to hear them if you want to deal. a rumble with some extra spice to play as the short sharp to circle we into the pool next. ♪ are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. we're not in london, are we? no. why? apparently my debit card is. what? i know. don't worry, we have cancelled your old card. great. thank you. in addition to us monitoring your accounts for unusual activity, you could also set up free account alerts. okay. [ female announcer ] at wel fargo

liz? liz: thank you very much. saying good-bye to ben about tesla, do you think the leasing program they attempted to make a big splash with gets viz account on whether people pick them up on that? >> well, he said that 25% of the new buyers within the reasons eligible to offer that leasing program have adopted it, so hopefully well get insight into whether the new improved terms have app uptick or more importantly, what the leasing and accounting means for the financial model and probability going forward. liz: got it, ben, pacific crest, very much on the story, thank you so much. david: appreciate it. the old add damage says sell in may, go away. rather than heading for the exits, take short positions. we've got six, six stocks to short this month. you don't want to miss it. liz: shareholder uprising at jpmorgan threatened to thrip dimon of the dual role of ceo and chairman. the vote could come down to just three key shareholders. will dimon sway their vote? could a break up of the role be good or bad for the sto

liz, over to you. liz: wishing them well. >>> sony shares hit a two-year high on spin-off speculation. will the company take advice from one of its largest shareholders? we've got the latest. that's next. stay tuned. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... and wi that: you're history. delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. all stations come over to mithis is for real this time. ep seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the anet... dragon is captured. is connecting today's leading mpanies to places beyond it. siemens. answers. david: sony's board of directors is reviewing a proposal by hedge fund investor daniel lobe to spin off a chunk of its entertainment business as a

liz: yes. let us viewers know where you stand for the investigations and accusations by the department of justice. with the s&p ratings disaster that was all of the ratings agencies you have come out swinging in certain regards. will you eventually settle overall do you think, terry? put it behind you? >> it is way too early to tell on any of that. we've got a very strong case here and, you know, quite frankly, you know, it's kind of odd, you know, that we have this case. now first of all, on monday, april 22nd, we filed for a motion for complete dismissal of the entire suit. we'll see where that goes. liz: right. >> but there's two questions that i have. one is why and the second is how? and so the first one is what is motivating this to bring a suit and just against standard & poor's in all of this, and the second one on the how is how can you blame --. liz: i'm sorry, terry, can i jump in here. just to be fair, can you really say if everybody was guilty, for all the ratings agencies were gui

liz, david. liz: tivo beating the street on both top and bottom line. >> getting, man, just a touch of a little boost after-hours. s&p footures are closing. let's go back to the cme. scott shell lady, what is going on there? >> we're closing with after decent gains of last week. this is positive as far as the last four or five days. we've been rallying on those the gains that in on monday is still pretty bullish. david: good news. thank you, scott. good to see you. liz: trip advisor investors are jumping in as deutsche bank gives the stock two thumbs up. let's head back to nicole petallides on the floor of the new york stock exchange. it hit a brand new high today. >> that's right. it really did, it hit an all-time high for trip advisors. you see the up arrow. it closed 62.63 but trading above 63 bucks at 63.01 to your point about deutsche bank. they're maintaining their buy rating. they put a new price target of $68 up from 60. they have been more positive on the sector overall and potential mar

>> not really, liz. the market structure has been really quite poor since the move from 1550 from 1650. not a lot of participation with equity moves into the mutual funds coming into the market last week. the structure that's internal here is quite small. any selling pressure that you get persing any kind of technical levels, the peck technical levels here today, 1632 1/2 seems to be holding that in the after-market. if it breaks through that or settles through that 1632 1/2 you could have significant moves to thewnside e nature of the structure of the market. david: lincoln, let's not ignore the action right around you, right behind you as a matter of fact. is that action on the downside or the upside? that looks like breaking news right behind you. >> well look, we've really been hovering around 1631, 1631 1/2 and they're really trying to get themselves squared up for the weekend. i think anybody who was long this week and, didn't make any money is having to reassess that position and pulling themselve

. ♪ liz: well, the fed's fault. hi, everybody. i'm liz claman. the last hour of the trading an today it has been all about the fed. the chairman appear before congress later this morning. it is too soon for the fed to slow its massive bond buying program, but then the q&a happened and he started to say may be in the next couple of meetings with. however, and the last hour it was the fed minutes from the april 30th meeting s seem to have really shaken the market. we put together a chart, the market's lower after bin bernanke wrapped up his testimony in front of congress including the q&a session durin which he did say may be depending on how good the day i we might see a sort of scaling back, tapering is the war that has been used for when we start to see that. silica what happens right aroun 2:00 p.m. eastern when the fed minutes were released. this goes back to the april if the fed will be willing to share as early as next month, and we are talking june. finally we might have a date. the-the effect on the markets. that set down to peter barnes.

liz claman. liz: coming up, fox business exclusive with the nebraska governor charging him here, so much happening this weekend, lincoln nebraska in the marathon, a race here, or chair have a meeting but he has come to fox business, the governor of nebraska coming up next. stay tuned. change makes people nervous. but i see a world bursting with opportunity, with ideas, with ambition. i'm thinking about china, brazil, india. the world's a big place. i want to be a part of it. ishares international etfs. emerging markets and single countries. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. you know it even after all these years. but your erectile dysfunction - you know,that could be a question of blood flow. cialis tadalafil for daily use helps

liz liz whale well, yeah. but what are the hottest names that are coming out in the next couple weeks and months? >> reporter: you want to make some money, if you're willing to play this game, tomorrow they're going to start lickly trading on the new york stock exchange, the price will be anywhere between $21-$23 a share, tall grass energy -- liz: natural gas, right? >> reporter: yeah. come on, natural gas in the midwest? they do the storage and the pipelines. then you've got william lyon homes. we're developing a shortage of new homes in the country. they hope to raise about $200 plus million on thursday. liz: lunch with howard, jack dorsey or tim cook? which one do you want? >> reporter: i would take schultz. liz: i want to know from you, it's liz claman. if the fed winds down its huge spending program, its huge bond-buying program, are your investments in jeopardy? this really becomes a big question, does it not? coming up, our market guest tells you to forget the fed, get out there and find the best stock

, liz. i want to bring you right over to constellation brands. this is a stock that has moved today to an all-time high. it's up 3% at the moment. they are liking the group overall based on what they've seen in the first quarter. the results and the commentary that they have seen from all the companies, they think there's upside potential in the alcohol realm and less so for soda. so this is what they're doing. and the constellation brands, they moved it to a buy rating, a price target of $64. constellation was $2 back in 1993. constellation, as you know, monodaf i have wines, corona beer, other names including jim beam which includes maker's mark histy and going to put molson coarse in there as well. certainly watching these names. they're liking the upside potential for this group saying higher revenues potentially. back to you. liz: thank you very much, nicole. dell and jcpenney are set to report earnings after the bell today. we'll have numbers the second they come out. wall street is lo

liz: what? david: the phone was originally 99 bucks with a two year contract through at&t when went on sale less than a month ago. >>> universal orlando expanding the "harry potter" theme park. the new area will include a mark key ride and restaurants and shops. >>> fewer people in the u.s. are visiting facebook on their desktops. a report by btig research shows facebook views from laptops and desktops are down 28% in april compared to a year ago. that is today's speed read. [buzzer] got a little delayed. liz: jumping the shark facebook, maybe. david: who knows. liz: not really. still a billion people using it. >>> shares of google are up more than 40% year-over-year. the stock hit brand new highs. look at this stock price, david! 871. david: unbelievable. liz: while you weren't looking because everyone was watching google's arch rival apple stock plummet 20% year-over-year they didn't notice google has been moving higher. we've been telling you. the question comes with google high, apple lower

liz: look at you. i mean, listen, you're going to be one of those kids who is like sergei or larry page. congratulations, jenny. >> thank you. liz: jenny lemaire, she created it. when is it ready to go so we know? >> just a few weeks. liz: twio, sounds a lot like tivo. congratulations. closing bell is ringing soon, we're about 27 minutes from the closing bell. speaking of twitter, i'm still trying to get more follow beers than charlie gasparino. now, i have until the end of the quarter to catch up. i need your help. if i lose, i do 50 boy push-ups, if he loses he has to do 50 one-arm push-ups. we want him to suffer. can you please help me? i'm so close. come on, follow me @lizclaman. and coming up next, the aforementioned charlie gasparino back with his take on jamie dimon. now charlie coming in, which way will the shareholders vote? charlie actually has the scoop on this. and, again, vote is seven days away. you've got to watch charlie. ♪ ♪ it's a brand new start. your chance to rise and shine. wi

liz? liz: thank you, david. yahoo! is looking to extend its acquisition streak looking for a new way to compete with google's youtube. we have details next. >>> the list of the boozeyest places in america has been revealed. can guess which states have the highest concentration of bars? we have the answer for you straight ahead. very important information here. ♪ . everybody has different investment objectives, ideas, goals, appetite for risk. you can't say 'one size fits all'. it doesn't. that's crazy. we're all totally different. ishares core. etf building blocks for your personalized portfolio. find out why 9 out o10 large ofessional investors choose ishares for their etfs. ishares by blarock. call 1-800shares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. and you wouldn't have it any other way.e. but your erectile dysfunction - you know, that cld be a question of blood flow. cialis tadal

liz: john, i look at this -- it's liz. i look at this, and i say they are dying to get steve cohen. >> well, i -- liz: what do you think? your expertise is really valuable here. from all the evidence owe seen, are they withholding something? do they have some bombshell that we haven't heard about? >> well, i think we know this much, all we really know is that sac capital has sort of drawn a veil and says it will not be forth coming and not tell us on a day-to-day or hour-to-hour basis as to what's going on. i suspect that drawing that veil is to permit some real hardball, plea bargaining. >> reporter: so you suspect there could be a plea bargain. we should point out that michael milliken, as you rightly pointed out, he had a prison term. ultimately, he served 23 months in jail. he paid, what i remember, about half of his net worth. >> it was about 500 million. >> reporter: testifies barred from the securities business for life. could you see the same thing happening here with steve cohen? >> well, i suspect that the negoti

liz: okay. ♪ . we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into tir 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed much is the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. at od, whatever business you're in, that's the business we're in with premium service li one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make. od. he

liz: which one? >> de we're. liz: we remember it. i get this crazy -- crazy idea that at that i knew more than people around me. at the time i hated habit were particularly in the retail side and one to invest money. basically i thought i could do a better job. we started a hedge fund. did fairly well with it, thought i was a genius until the market crashed and then about 2,000 realize that that was a bull market and this is a bear market and i don't actually know what i'm doing. i said the firm down. law school, business school. my investors in my find or all of l.a. they were producers, directors, video heads compactor's answered the call me saying hollywood is changing in this city wants me to find cinco financing. liz: everything is coke. let's explain. they had to bring in a bunch of different companies to get this thing out in the movie theaters. >> a hundred percent, and that was more prominent because companies like ge had acquired universal. comcast. more people thought these big companies will find our movies. what ended up

liz: good afternoon, everybody, i am liz claman. for the first time ever, the russell 2000, small and mid-cap index surpassed the 1000 level today. lasted about 48 seconds. now just a few points below that, but when the smaller mid-cap growth stocks make a move, it is something for the moment. the 10-year chart, you see how hard-fought recovery from 2009 has been. look at barnes & noble now, another 9% gain, the stock has been looking very good the last couple of weeks did the russell 2000 is also closing a record 32 times, gold has broken off out of the eighth day slide, the longest since 2009. withdrawing from may 16, that is according to f our global, that shows newsy federal reserve is unwinding the bond buying program in the weeks old is no longer a safe haven, but today it is moving differently. maybe the yen has gotten a little too weak lately, that is really what we're looking at, that is what he says is really causing this move for now, $23 for gold. an insider trading scandal, the one where you have the partner getting thi

. ♪ liz: give friday afternoon. i'm liz claman. it is the last hour of trading. stocks of trying to make a comeback on wall street. the dow jones industrial slightly higher, as in the and the nasdaq down just slightly lower. i want to talk about to individual stocks. procter and gamble, widely held name and many of your portfolio getting a nice boost sedate. at the moment of 300 quarters o a percent. -- three-quarters of a percent off. apple announced it was bringing back its former ceo. right now procter and gamble as it moves higher, a lot of questions about this. the former ceo who is in his 60 's, got rid of a guide, the big hedge fund man, did not want in there. there is action as ar as investors are concerned, but wa dismayed -- name. you will see if they're able to make some moves. retailer abercrombie and fitch having one of the worst days since last summer following an earnings quarter with a weak outlook. the stock is getting slammed by nearly 7% and a loss of $3.76 for abercrombie and french also followed by some controversy an comments by the ceo. rec

liz: look at that. david: looks though there are some beginnings of a twister there at least very strong wind there we'll keep you updated. in fact let's stay on this picture a little longer here. this again is central oklahoma. some very dramatic shots coming from there, because of what happened in oklahoma last week, we are of great concern as to what happens here in central oklahoma. this looks like a combination of those strong wind, of the tornado. you can see a twister effect up there. it could come down. we see what appears to be the beginning of a tornado there. liz: oh, my gosh. david: getting lower and lower towards the ground. let's stay on this picture if we can. liz: what a horrifying worry. take cover if you're we should say that. you can see in the mid different screen, the swirling effect. i think we really need to stay on this i mean it is rare you get to see an actual formation of something like this. david: the top of the cloud has not quite united with what is happening on the ground

liz: okay. let me just ask one more question because smithfield is so important when it comes to the port supply chain. the chinese are the largest consumer support. they absolutely love it. what happens if there is -- i'm thinking down the line, a drought where there is enough grain to feed the pork, the pigs, and suddenly we don't have enough for people here in this country. the you see any problem with anything like that? and it's okay if you don't. i'm just trying to look ahead. >> i don't see that as likely. the real issue for us in this industry is concentration, whether you're talking pork or beef. we have a very concentrated number of large companies that run the processing industry. remember, we want competition. that is what serves consumers both in terms of choice and price. that is the bigger issue right now in the pork and beef processing industry. liz: senator, we watch this deal closely. see if it goes through. wheat you are for it. we will talk to you again down the line. >> very

>> sure liz: you've got to know. charles: guys, this is exactly the dynamic that's kept this pi partnership growing and now the fifth largest company in the world, berkshire hathaway, they have got a board meeting. warren buffett, charlie monger, meryl-- congratulations on the board and bill gates. i'll send it back to you. stuart: thanks indeed. let's update the markets, we have a moment ago, we had a turn around, we've been down 20 or 30 points and suddenly we went up pa point and now we're back down 8 and i'm going to say this market is dead flat after the rally last week. let me see the price of gold and fill you in on the other markets. gold up $3, and again i'm calling that dead flat. the price of oil earlier today got pretty close to $100 a barrel. it was 96. it's backed way off that as of right now. keith fitz-gerald is with me and knows a thing or two about stocks, welcome back. >> thanks. stuart: last week, dow went straight up and crosses 15,000. everybody is tuning in, all right, are we going to have a pu

liz. liz: here come the numbers. guess what? it took a few seconds but now the stock of jcpenney is jumping higher than the last close. we have an an activity from bgit you said look how they're dealing with the home department. now they're saying in q2 they are going to definitely put a big punch behind that. i find that fascinating. plus they will open dozens of stores within stores. what do you like about the earnings report? actually it is a loss. >> what i like about it, everyone anticipated there would be a loss. they preannounced numbers that kind of took the edge off a few days ago in association with the loan deal they were doing and wanted to prerelease those numbers. what i like they have gone back to building inventory presumably for the home relaunch. they use ad significant amount of cash in the quarter but of the cash they used in quarter just above 450 million to rebuild that inventory. i think that's a good sign. looks to me the adjusted operating cash flow is somewhere around 300 million which i think is in the

liz: i sit on the couch. i lean back, jeff and i watch meg and i say, can she come to my house to do it for me? i can't do any of that. i can't spray paint a votiv. >> she can come and put rubber bands on your glasses too. liz: i will give her store-bought baked goods. david: remind her to put fox business up on her website. we want all those viewers here at fox business. >> she did today. she did on her website of the. david: thanks so much, meg. liz: mason jar lighting system. i'm doing it. david: yeah, right. liz: a new report out ranking the most valuable brands in the world and one of these companies takes the crown. we'll seal you -- tell you who next. ♪ [ slap! ] [ male announcer ] your favorite foods fighting you? fight back fast with tums. calcium-rich tums starts working so fast you'll forget you h heartburn. ♪ tum tum tum tum tu ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: u're history. instead of looking behind... delta

david and liz? david: wow, in news rooms as well as the sources are now in the hands of the government. thank you very much, peter barnes, appreciate it. liz: demand for defensive stocks fades as markets push all-time high, and people want to embrace the risk. the shift in performance is causing the biggest money manager to change the strategy. black rock chief investment strategist is that person telling us what blackrock bets on next. david: the international emergency agency saying north america's shale oil and gas boom expected to send shock waves throughout the world. it may we place opec as the main supplier of energy in the world over the next ten years. how do you invest in this research? we got a top analyst with the company's best position to benefit. ♪ ♪ copd makes it hard breathe.. but with advair, i'm breathing better. so now i can hp make this a great block party. ♪ [ male announce ] to help lung function.irove unlike st copd medications, advair contains both an anti-inflammatory

liz? liz: iranian hackers are targeting u.s. energy companies hacking into control system software that actually regulates the flow of gas and oil. so how can companies protect themselves. what can the government do to protect the critical inindustries? joining me the cofounder of verico, recently named one of the most 100 influential people in information technology. you are the person we want to talk to here but these campaigns have gotten more aggressive and more worrisome. this time around it looks like the irrainsians and not chinese to some how affect the flow of gasoline and energy. when has this started happening and why are we just becoming aware of it now? >> well it is definitely on phe rise. the stuxnet attack which iran faced back a couple years ago really was a new signal that this was going on between governments and, iran of course blamed the u.s. for that. liz: well, let's clarify. stuxnet was an attack some say the u.s. government and israel put together to hack into iranian systems. so then they turn around an

liz: joe, that's a good point. you saw jpmorgan's analyst throw in a little towel, a little hand towel because they have been pretty bullish but they changed their s&p year-end target. it had been 1650. they have now changed it to 1715. that is really a major, move, is it not, see the number 17 in front of the entire attempted sort of price target here for the s&p? >> well, it seems like it but we're above 1650 now. so they probably had to revise that. liz: are you revising yours then? >> yeah. we're back above 17 as well. we had a year-end target before end of this was 1650. we're up around 1650 now. we had the strong price action. we do expect the money to continue to flow up from the sidelines and expect higher prices through the end of the year now. the analysts have been incredibly bearish. analyst buy ratings on the s&p 500 components. only 49% reverse back were at 5. so they have actually decreased their buy ratings during a market rally that has almost douged. so, historically markets tops occur when you ha

liz? liz: bernie madoff is serving a 150-year long sentence for orchestrating the biggest ponzi scheme in history. fox business exclusive. david: adam shapiro sat down with mr. madoff to talk about who knew what, where and when. adam joins us from north carolina. adam. >> mr. madoff ffrst said he told his brother peter and his sons he confessed to them about the ponzi scheme. of course he was arrested the following day. now he is saying before even confessed to family members, he called some of his biggest clients to tell them the charade was over. he said those clients, norman levy, stanley chase, norman levy was dead that he called stanley chase, jeffrey picower and shapiro said they knew they were doing illegal stuff for years, backdating stuff. he said they were doing the backdating ordering him to create fictitious trades to that benefit. and backdating trades. that was going on in the late 1980s there are new developments since we last or the reported on all of this mr. madoff says h

liz: just slightly. >> somewhat, yes. liz: somewhat slightly. warren, you disagree. >> yeah. i think that -- incidentally, charlie and i have disagreed over lots of things. we've never had an argument in over 50 years, but we do disagree sometimes. and u.s. taxes are, corporate taxes are 1.7, 1.8% of gdp. frequently, i mean, if you go back some years, they were 4%. we did well under those conditions. business is doing extraordinarily well, and since we have to raise money from someplace, and i see these returns on equity in business compared to the interest rates being at incredible levels, i just think that if you're looking for tax more, i think corporations should be part of that. cheryl: all right. quite an interview with liz claman, of course, and the oracle of omaha and friends. the closing bell going to be ringing, 19 minutes from now. tech ceos are getting the boot. groupon's andrew mason, pandora's joe kennedy both out the door after earnings. so which tech heavyweight could be next? we're going to take a look at five tech ceos in the hot seat right now. >>> and earl

liz, over to you. liz: thank you very much. the borgata hotel in atlantic city launched country's first in-room gambling program in february. how successful has it been? the ceo of borgata joins us in first on fox interview to tell us in-room gambling, do it with your bathrobe on, no problem. how it is doing next. ♪ . >> i'm jo ling kent with your fox business brief. it was a tough day on wall street just a day after the dow hit another record high. stocks slid on worries that the federal reserve will taper its bond buying program sooner than expected. at the closing bell the dow finished down 106 points. >>> on the flipside, shares of nbn energy are soaring on the news of a buyout. berkshire hathaway mid-american holdings is acquiring the company for $5.6 billion. the deal is expected to close in the first quarter of next year. >>> federal trade commission is challenging pinnacle entertainment's proposed $2.8 billion bid for rival ameristar casinos. they sec says the deal violates antitrust laws and would lead to higher pric

liz: money, how much? >> we have a shot cracking 500 million in revenue this year which is a huge, huge benchmark for our brand. we're very excited. liz: never done that before? >> half a billion. record year. liz: what is it like, how do you think your company benefited being owned by warren buffett and berkshire hathaway than being independent? what is the advantage? not just the capital to help us grow. beyond that? >> i think it is long term vision. they own assets for perpetuity. that gives us long opportunity to build our mode what is what runner stand for. we look at that literally in 5 to 10-year horizons. that is great competitive advantage for us where we compete. liz: well the race is going to be called, the run now, invest in yourself race. they are selling these bracelets. of course buffett doesn't give anything away. all the proceeds of these bracelets will go to the runners and the victims of boston. >> families. this run now braislet is specifically for the families of the boston tragedy. l

to you. >> thank you, liz. raise your glass, drinking a glass of champaigne is good for you. >> of course, i like beer. you heard warren talk about how he liked the job ben bernanke was doing. are we better off because of ben bernanke's action? forget warren buffet, what do you think? your opinion counts the most. your answers coming up. ♪ copd makes it hard to breathe... but with advair, i'm breathing better. so now i can help make this a great block party. ♪ [ male announce ] advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not bused more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may incrse your risk of osteoporosis some eye prlems. tell your doctor if you have a heart condition or high blood pr

i'm here to present this to liz torres. i think one of most important things you can do is identify the wonderful folks you, you have. she's remarkable symin so many ways. liz works close with our school including pta as has brought many programs to our school. we're lingually and diverse she takes groups of people that may not understand the words they're saying and she promotes togetherness. our staff decided to enhance or so those are services just having her for four hours a day is not enough we need more liz. some of the services bringing our community together with food and she participants in our care team. she's one of the most dpiement employees i'm really proud and honored to give to you liz and superintendant thank you liz for everything you do on behalf of our community. >> thank you, very much. thank you >> okay jeremy i'll give you our 20 bucks later. thank you so much i can't do this job on my own. it's all about my supervisor here and without jeremy being there to listen to me when there's, you know, issues

liz: we don't need more reports. this is enough and what's scary about the irs story, it's not about what we hear, it's about what we don't hear, what we don't yet know, when we have these bureaucrats running around and acting at their own discretion and giving discretion for she is vague mandates and fill in themselves. that's the story about irs and lois lerner at the sec. what else was she doing besides what we're hearing about. >> using positions of power to intimidate people who have different political beliefs than you. different religious beliefs. >> and also ignoring and disporting the laws, via a big government bureaucracy that a lot of people in washington d.c. are cheerleading to get bigger. that's what the american people and viewer is scared about. these guys at the irs are going to be able to impose penalties, for example, on health, even if the health exchanges are not yet booted up. so that's the problem, unchecked power and that's exactly the irony is, what the tea party was railing about and they ar

liz: good to be with you. what is at stake is $26 billion mortgage settlement struck between the five eubanks and the state attorney general against bank of america and wells fargo for violating the rules of the deal. bank of america violations include this. basically the rules dictate the timeline in the timeframe for when people who face foreclosure or are in foreclosure get loan modification. so they basically have loon modification through the system, there has been a big fight on wall st. between the banks and investors who own the bonds told on loans essentially saying why should investors have to pay the price for these principal write-down? getting more loan modifications done. to whether or not we see any penalties coming out of this new lawsuit that will be announced at 1:30 today remains to be seen. new york attorney general is only asking for relief to get bank of america and wells fargo to quickly process loan modifications under the $26 billion deal struck last two between the five big banks and

liz claman is there. before we get to that, though, the dow 15,000 everything else, oil is also up by just about 2%. we will be right back. ♪ i'm telling you right now, the girl back at home would absolutely not have taken a zip line in the jungle. i'm really gd that girl stayed at home. vo: expedia helps 30 million travelers a month find what they're looking for. one traveler at a time. expedia. find yours. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. we don't let frequent heartburn come between us and what we love. so if you're one of em people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbur ♪ connell: that is right, making money with charles payne. i think

liz: it is such a dangerous thing. charles: that is what susan collins said, it is chilling and frightening to think if you're on the wrong side of a administration, you could be targeted. stuart: they could not indulge in what they wanted to do. charles: going counter of the administration perhaps they could feel like they are a target. who wants to run the country like that based on freedom? stuart: we are on it all day. we are down 40 points, that is not a huge selloff with a $15,000 jones industrial average down 41. netflix on the upside again? nicole: now we can say netflix may be the stock of the year, four and a .5% this year 2013 up 145%, we know what hastings has been out touting the online streaming services are the way of the future, forget regular television, it will be out in the years ahead. beefing up the programming for those subscribers. they were raising the fees, they split the division, we thought that wasn't going well. they bounce back fast. stuart: i don't think i like a company whose as televisi

cheryl: liz, thank you so much. liz, thank you. dennis: liz invented the women's power list forbes when she was there, a one page thing, and now it's a cover story, a whole conference, that started with liz. nice job, liz. cheryl: yeah, liz. >> thank you. dennis: sib crime bust that stole millions from bank accounts. the arrest made in the case, ahead. cheryl: "american idol," the judges continue to clash. are the judges going to stay, or are they going to go next season? a lot of speculation on this story. dennis will cover that. look as we go to the break, the s&p winners, a flat market, but nice names making big games, first solar one of them. we'll be right back. ♪ welcome to the new buffalo... where new york state is investing one billion dollars to attract and grow business... where companies like geico are investing in technology & finance. welcome to the state where cutting taxes for business... is our business. welcome to the new buffalo. welcome to the new buffalo. welcome to the new buffalo. new york state is throwing