85
85
Sep 9, 2013
09/13
by
KRCB
tv
eye 85
favorite 0
quote 0
contracted with ibm. and now, 100,000 big blue retirees are expected to become towers watson customers. >> and joining us to talk about the more workers moving to private insurance companies is john grasso, welcome, good to have you with us, let me ask you a couple of questions, these exchanges will be used for medicare recipients to buy supplement and health care policies, am i right on that basically? >> that is correct, it is individual coverage, medi gap, and individual part d coverage. >> forgive me for being dense about this, john, but what happens here? if i'm a retiree from time warner where i did actually used to work, what are they going to do? are they going to give me money to then go out and shop on this exchange and compare plans? how is it going to work? >> that is right, most companies will give the retirees a tax effective premium subsidy, partner with a private insurance company, and help them find plans in their own zip code that will help them meet their needs and provide agents that w
contracted with ibm. and now, 100,000 big blue retirees are expected to become towers watson customers. >> and joining us to talk about the more workers moving to private insurance companies is john grasso, welcome, good to have you with us, let me ask you a couple of questions, these exchanges will be used for medicare recipients to buy supplement and health care policies, am i right on that basically? >> that is correct, it is individual coverage, medi gap, and individual part d...
344
344
Sep 11, 2013
09/13
by
KNTV
tv
eye 344
favorite 0
quote 0
: 31 years at ibm, retiring with health benefits, but last week, ibm notified its retirees that it will out-source its retiree medical benefits coverage. >> that was a surprise, it really bothered us. >> reporter: the problem? kate cohen is suffering from stage 4 breast cancer that has spread to her bones, lungs and brain. and her current doctors are not in the new plan. >> earth-shattering. i mean, beyond earth-shattering, to go out and have to find doctors and take all of my medical records of which there are many. >> reporter: in a youtube message to retirees, ibm's chief health director said the company had to act. >> we project that health care cost in the current ibm plan will triple in the next few years. >> reporter: ibm is the latest big company acting to contain skyrocketing medical costs for retirees. in 1993, 40% of employers offered insurance to their medicare eligible retirees. by 2011 that had dropped to just 16%. now ibm is turning its health care coverage for 110,000 retirees over to a private medicare exchange in which insurers compete for the retirees' business. >> th
: 31 years at ibm, retiring with health benefits, but last week, ibm notified its retirees that it will out-source its retiree medical benefits coverage. >> that was a surprise, it really bothered us. >> reporter: the problem? kate cohen is suffering from stage 4 breast cancer that has spread to her bones, lungs and brain. and her current doctors are not in the new plan. >> earth-shattering. i mean, beyond earth-shattering, to go out and have to find doctors and take all of my...
67
67
Sep 27, 2013
09/13
by
CNBC
tv
eye 67
favorite 0
quote 0
not great by ibm standards. and although the stock bounced to 192, it traded lousy ever since that report two quarters ago. i think yeah it is. i'm not sure when ibm reports, but i'm not expecting anything out of the stock. i think the stock was trading 183, 184 at the time. i think this stock could trade down in the 170s, yeah. i think it's a concern. >> the real problem is that accenture talked about volatility. that echoed what john chambers said with maria the other day. there is concern overall in this space, not just when it comes to services and hardware but when it -- >> i thought those chambers' comments were interesting. i'm surprised it didn't have more of an effect on that day. in general, you're looking at slowing revenue streams, then the problem with ibm, they are using almost 100% of free cash flow to buy back stock, not manipulate the earnings but the more stock you buy back the better your earnings on lower revenues. i would be very careful with ibm over the next quarter. >> we had price target
not great by ibm standards. and although the stock bounced to 192, it traded lousy ever since that report two quarters ago. i think yeah it is. i'm not sure when ibm reports, but i'm not expecting anything out of the stock. i think the stock was trading 183, 184 at the time. i think this stock could trade down in the 170s, yeah. i think it's a concern. >> the real problem is that accenture talked about volatility. that echoed what john chambers said with maria the other day. there is...
105
105
Sep 13, 2013
09/13
by
CNBC
tv
eye 105
favorite 0
quote 0
and ibm is even struggling. just recently the cia puts out a request for proposal trying to get proposals in terms of how to modernize the cia's business everybody puts their proposal on the table. who did they choose? not ibm. amazon web services. how competitive and tough is amazon as a competitor right now for you? >> you know, this is a very large industry space. we just -- we just, you know, migrated the singapore stock exchange off their main frame, rewrote their applications and put on it on an open industry standard platform powered by dell. we've done 1300 of these main frame migrations. the thing you have to remember about our space is this is a $3 trillion industry that's going to be a $6 trillion industry. dell today has roughly 2% of the $3 trillion, but nobody has 4% or 5%. it's inincreasably dispersed, a large number of companies. you know, we're providing the infrastructure for a lot of the cloud companies that are out there. >> but i guess the point is, as it relates to enterprise, when you're t
and ibm is even struggling. just recently the cia puts out a request for proposal trying to get proposals in terms of how to modernize the cia's business everybody puts their proposal on the table. who did they choose? not ibm. amazon web services. how competitive and tough is amazon as a competitor right now for you? >> you know, this is a very large industry space. we just -- we just, you know, migrated the singapore stock exchange off their main frame, rewrote their applications and...
213
213
Sep 9, 2013
09/13
by
KPIX
tv
eye 213
favorite 0
quote 0
the reason ibm says it's doing it as wells a lots of other companies is because health care premiums for the retirees are expected to triple by 2020. by going to an insurance exchange, ultimately the goal is to lower these cost. >> jeff: you believe more companies will start doing this. >> for sure. 300 companies have already done it ibm is joining caterpillar, they're joining all sorts of other companies, dupont, again time warner just made the announcement. i think we're going to see more and more of this. the dom foes have started to fall. >> jeff: the question a lot of people might ask is does this mean my insurance rates are going to go up? >> so here's the unknown are young people. so the estimate is for 7 million people to sign up for this new kind of health coverage in the next year. two to two and a half million of those people need to be healthy, 18 to 35-year-olds. because basically what they will do is subsidize the cost of the older retiree. if they don't go in, if they don't enroll, the math will not work. >> jeff: mellody hobson, thank you very much. he is one of the o
the reason ibm says it's doing it as wells a lots of other companies is because health care premiums for the retirees are expected to triple by 2020. by going to an insurance exchange, ultimately the goal is to lower these cost. >> jeff: you believe more companies will start doing this. >> for sure. 300 companies have already done it ibm is joining caterpillar, they're joining all sorts of other companies, dupont, again time warner just made the announcement. i think we're going to...
97
97
Sep 9, 2013
09/13
by
CNBC
tv
eye 97
favorite 0
quote 0
what ibm and my old employer time warner are doing. that when we return. >>> ibm and time warner are changing the way they pay for health care for their retirees. bertha coombs is here with the details on that. >> hi, sue. time warner and big blue join a growing list of companies changing to a defined contribution plan when it comes to retiree health benefits in an effort to make costs more predictable. ibm calculated that its retiree health care plan costs will triple by 2020. the change is not about the company saving money. it capped benefits for its 110,000 medicare eligible retirees. blue says giving them money to buy their own plans will provide them with more choice and a better value. that's what they believe. ibm will transition its workers to extend health, same private exchange that dupont used this year after switching its 80,000 medicare eligible retirees to defined contribution plan. benefits experts plan more announcements like those from ibm and time warner this fall. >>> for employees, with a private exchange, you get
what ibm and my old employer time warner are doing. that when we return. >>> ibm and time warner are changing the way they pay for health care for their retirees. bertha coombs is here with the details on that. >> hi, sue. time warner and big blue join a growing list of companies changing to a defined contribution plan when it comes to retiree health benefits in an effort to make costs more predictable. ibm calculated that its retiree health care plan costs will triple by 2020....
82
82
Sep 21, 2013
09/13
by
KQED
tv
eye 82
favorite 0
quote 0
the other one we love is ibm. ibm is in the middle of big data. watson, the famous computer that beat "jeopardy" is fabulous at mining data. and ibm is on the cutting edge of that. that stock is also about 11, 12 times earnings. they had one bad quarter last quarter but we think their business is recovering. >> let's move on to western union because you say there is a forefront of digital money transfer. >> absolutely. they have the highest margins in the business. people sometimes say, oh, people in the future will be able to transfer money on their iphone. well, if you're an immigrant worker from mexico, the problem in sending money back to mexico is not that the phone couldn't do it, it's that you don't have the bank account in chicago or in dallas to do it. and the limitations on sending money aren't technology, they're regulatory. the u.s. government has very strict controls on sending money across borders. and western union is very well set up to handle that. so we believe it's a great company with good growth trading again at about 11, 12 t
the other one we love is ibm. ibm is in the middle of big data. watson, the famous computer that beat "jeopardy" is fabulous at mining data. and ibm is on the cutting edge of that. that stock is also about 11, 12 times earnings. they had one bad quarter last quarter but we think their business is recovering. >> let's move on to western union because you say there is a forefront of digital money transfer. >> absolutely. they have the highest margins in the business. people...
93
93
Sep 24, 2013
09/13
by
CNBC
tv
eye 93
favorite 0
quote 0
he's one of the main players at ibm, the senior vp of ibm software group. steve miller joins us next to talk tech and the ever changing landscape. and quick stock to watch facebook, rolled out a mobile payment feature with a handful of retail partners. this and more coming up. >>> welcome back, everybody. trends and innovation are shaking up the tech industry. how does a power house stay current and compete successfully in this changing environment? it's not often we get an ibm big wig with us, but we have steven mills for software and systems at ibm. thanks for coming in today. >> good morning. >> let's talk about some of the trends that have been out there. we have a big data segment we've been focusing on for the last six months or so. we hear about it constantly how there are all these changes out there, new things that have come up. and certainly big data is all about the infrastructure and the pipe and is how the system has changing. what does ibm do to play in that arena? >> hunting for ways to predict the future, see where things are going and a num
he's one of the main players at ibm, the senior vp of ibm software group. steve miller joins us next to talk tech and the ever changing landscape. and quick stock to watch facebook, rolled out a mobile payment feature with a handful of retail partners. this and more coming up. >>> welcome back, everybody. trends and innovation are shaking up the tech industry. how does a power house stay current and compete successfully in this changing environment? it's not often we get an ibm big wig...
164
164
Sep 13, 2013
09/13
by
KICU
tv
eye 164
favorite 0
quote 0
ibm is facing some challenges---some fundamental changes in their business. i like the space that time warner's in a lot. stocks like time warner and comcast have done well this year. gotten a little bit of a pullback here and look relatively cheap. i would like to play time warner to the long side. angie: topic number 2---oranges are extremely expensive in jakarta and that's because of the lack of infrastructure. so the oranges have to come all the way from china. we're talking here about underdevelopment. which emerging markets would you buy? james: well, i don't trade orange juice but i do trade the eem which is the emerging markets etf. this one we got a huge discount and now they kind of flipped the script. institutional order flow has been incredibly bullish over the past couple of weeks. we've seen a huge lot of 140 thousand d...38 calls bought. so they're applying some serious strength and potential upside in the eem through december. alan: are you a buyer? james: i am a buyer of eem. alan: there's a real strong support base at this low at 36. it's a
ibm is facing some challenges---some fundamental changes in their business. i like the space that time warner's in a lot. stocks like time warner and comcast have done well this year. gotten a little bit of a pullback here and look relatively cheap. i would like to play time warner to the long side. angie: topic number 2---oranges are extremely expensive in jakarta and that's because of the lack of infrastructure. so the oranges have to come all the way from china. we're talking here about...
19
19
Sep 7, 2013
09/13
by
FOXNEWSW
quote
eye 19
favorite 0
quote 1
ibm is moving 110,000 retirees off the company sponsored health plan and giving them a payment
ibm is moving 110,000 retirees off the company sponsored health plan and giving them a payment
93
93
tv
eye 93
favorite 0
quote 0
following ibm, time warner is going to do the same thing. retirees there would be provided lump sum for care, time warner stock is also up, a 1/2 percentage point. an end of an era for the lifetime health benefits for the companies. and congress returns to washington after the august recess and prime minister -- president obama is there, and making a case. and congressman from ohio joins us now. i know you oppose any kind of a strike. do you have any suggestion that the president's full court press this entire weekend, any reason to believe it swayed your colleagues amongst democrats and republicans to vote yes on an attack? >> no, the basic questions that everyone is asking, who are we for? the president can't tell us who we're for and can't tell us what the risks are and has an unexplainable thing. that assad has used chemical weapons and already has and the president says it's in the large numbers of deaths that occurred and now we can take action, again, without telling us who we're for and the president has shown no leadership while seq
following ibm, time warner is going to do the same thing. retirees there would be provided lump sum for care, time warner stock is also up, a 1/2 percentage point. an end of an era for the lifetime health benefits for the companies. and congress returns to washington after the august recess and prime minister -- president obama is there, and making a case. and congressman from ohio joins us now. i know you oppose any kind of a strike. do you have any suggestion that the president's full court...
93
93
tv
eye 93
favorite 0
quote 0
dennis: almost an ibm. is dell better off getting bought by hp or ibm? >> i think that's going to happen, just like deck was bought by compaq. this is really off the wall, but, you know, when you see nokia, you can imagine microsoft buying dell, and the next big race in the cloud in the enterprise is building out giant data centers around the world and sell services off them. maybe dell has a role to play there. you know, just building hardware. dennis: think about buying blackberry, just put itself up for sale, very strong, corporate enterprise accounts, to give them stake in the smart phone area, and you bet on one of the dying dogs, i guess, and, you know, is a company that came out, i mean, dell pioneered 1-8 # 00-order a computer over the phone, and remember how amazing it was? it was the worldwide web, buy computers at amazon; right? you are run out, and good with computers, laptops, the smart phone, and does the company have to throw out the old business, should have gone to the smart phone business? i feel that's not what dell does. >> well, that
dennis: almost an ibm. is dell better off getting bought by hp or ibm? >> i think that's going to happen, just like deck was bought by compaq. this is really off the wall, but, you know, when you see nokia, you can imagine microsoft buying dell, and the next big race in the cloud in the enterprise is building out giant data centers around the world and sell services off them. maybe dell has a role to play there. you know, just building hardware. dennis: think about buying blackberry, just...
86
86
Sep 9, 2013
09/13
by
CNBC
tv
eye 86
favorite 0
quote 0
ibm will transition workers to extend health care exchange. benefits analysts say by offering competing plans for multiple insurers the exchange can be a win-win or retirees and employees. >> for employees you get much more choice of health plan. something most employees are not used to. for employers, they're looking to fix their costs. whether or not they can is still an unanswered question. >> well, a lot of them are moving to extend health. it was acquired by benefits firm towers watson last year. the company hits today, hitting a new all-time high on strong volume, up 61% year to date. this is one continuing to grow and analysts see it accelerating now. >> absolutely. they have to figure what to do with the retiree costs. >>> right now it's retirees. however, is this a sign of things to come for current workers? >> with us now is bryce williams from towers watson exchange solution and rick newman from yahoo! finance. welcome to you both. good to have you both with us today. i'm just wondering, this is not directly related in any way to th
ibm will transition workers to extend health care exchange. benefits analysts say by offering competing plans for multiple insurers the exchange can be a win-win or retirees and employees. >> for employees you get much more choice of health plan. something most employees are not used to. for employers, they're looking to fix their costs. whether or not they can is still an unanswered question. >> well, a lot of them are moving to extend health. it was acquired by benefits firm...
62
62
Sep 11, 2013
09/13
by
CNBC
tv
eye 62
favorite 0
quote 0
>> in a previous debate i argued for owning ibm. one of the reasons ability to shed costs. they do it today, sell $500 million customer outsourcing business and you did a great job debating and pointing out to own ibm down at 180 you know what i mean, judge? >> i do. not so fast, steve wise, traders are quick but not always right. steve made bullish calls on macy's. let's listen. >> i would rather play macy's which i still own. >> macy's i think it's cheap. pulling back a little bit. time to buy it. >> well, the stock is down about 9% since then. what's jc penney done since then? >> that's a leading question. taught me in law school. i was told yesterday, i've sold all my jc penney. macy's, i like it, it's gotten cheaper, i like it more at this point. haven't sold any, added to it on the way down. i believe that -- i'm not going to take a sell side time frame and say out 20 years it's going to be higher. six months the stock will be well into the 50s. a equally player, i like it. >> do you like macy's or something else better? >> i always like tj max over virtually any othe
>> in a previous debate i argued for owning ibm. one of the reasons ability to shed costs. they do it today, sell $500 million customer outsourcing business and you did a great job debating and pointing out to own ibm down at 180 you know what i mean, judge? >> i do. not so fast, steve wise, traders are quick but not always right. steve made bullish calls on macy's. let's listen. >> i would rather play macy's which i still own. >> macy's i think it's cheap. pulling back...
65
65
Sep 11, 2013
09/13
by
KQED
tv
eye 65
favorite 0
quote 0
the top stock, ibm with 9.5%. it will squeeze down to 8%. it won't be so dominant. the smallest stock instead of 4/10ths of 1%, will be 1%. so we have a better balance in the index than before and more revival indicator -- >> you have replaced, david, three lowest price stocks of the dow with three higher priced stocks. in this price-waited index which is a critical concept to appreciate here, does this change make the dow more volatile, less volatile, no change at all? >> many anything, i think it might make it a touch less volatile. you know, one point in the stock, whether it's on an $8 stock like alcoa, one point ask the same amount in that kind of thing. but when you have an $8 stock, you know, it tends to bounce around a lot more. if anything, maybe a touch volatile. the volatility wasn't really a concern. these are all big, well-known liquid stocks. this is not like a merging market stock where they bounce like crazy or something. we're not worried about that. >> david, when investors hear about changes like this, they start thinking like well, why didn't thi
the top stock, ibm with 9.5%. it will squeeze down to 8%. it won't be so dominant. the smallest stock instead of 4/10ths of 1%, will be 1%. so we have a better balance in the index than before and more revival indicator -- >> you have replaced, david, three lowest price stocks of the dow with three higher priced stocks. in this price-waited index which is a critical concept to appreciate here, does this change make the dow more volatile, less volatile, no change at all? >> many...
77
77
Sep 25, 2013
09/13
by
ALJAZAM
tv
eye 77
favorite 0
quote 0
. >> reporter: i am jonah hull at ibms research laboratories outside zurich where scientists have found new ways to harness the power of the sun to save the planet. the most important money stories of the day might affect yourries savings, your job, or your retirement. whether it's bailouts or bond rates, this stuff gets complicated. but don't worry, i'm here to take the fear out of finance. every night on my show i break down confusing financial speak and make it real. on inside story, we bring together unexpected voices closest to the story, invite hard-hitting debate and desenting views and always explore issues relevant to you. ♪ ♪ >> good to have you with us, these are the top stories on al jazerra. the death toll from a powerful earthquake in pakistan has a risen to more than 250. pakistan's army is sending helicopters and soldiers to help with the rescue effort. iran's president says his country poses no threat to world peace. addressing the united nations general assembly, hassan rouhani said iran is ready for negotiations over its nuclear program. and in kenya, it's feared
. >> reporter: i am jonah hull at ibms research laboratories outside zurich where scientists have found new ways to harness the power of the sun to save the planet. the most important money stories of the day might affect yourries savings, your job, or your retirement. whether it's bailouts or bond rates, this stuff gets complicated. but don't worry, i'm here to take the fear out of finance. every night on my show i break down confusing financial speak and make it real. on inside story,...
65
65
Sep 10, 2013
09/13
by
FBC
tv
eye 65
favorite 0
quote 0
ibm. you name it, but also caterpillar, sears, do. -- dupont, darden restaurants. is this a precursor of what could be happening for employees , people are currently not working, not retirees? >> absolutely. you will see more and more effort for companies to go to a defined contribution rather than defined benefit. just like with pensions, you don't just give them a pension. you give them the dollars and they invest. gerri: some. >> but it is the same idea with health care. that way you can budget. i'm going to give my employees 3,000. grows that with inflation as opposed to having to say we will give you a health benefit, whenever it costs. that is a much less stable situation for companies. gerri: not unlimited and we have been moving toward this for a long time. it's always great to see you. don't touch that night. processed chicken for china that cannot snaked its way into its happy males without even knowing it. thanks to new rules by the usda. the processed poultry will not have a label saying where it is from. joining me now, assistant director of consumer a
ibm. you name it, but also caterpillar, sears, do. -- dupont, darden restaurants. is this a precursor of what could be happening for employees , people are currently not working, not retirees? >> absolutely. you will see more and more effort for companies to go to a defined contribution rather than defined benefit. just like with pensions, you don't just give them a pension. you give them the dollars and they invest. gerri: some. >> but it is the same idea with health care. that way...
81
81
Sep 8, 2013
09/13
by
CSPAN2
tv
eye 81
favorite 0
quote 0
they're going to do this even if it involved running ibm. it would have been shocked if anybody had told us and nobody had the nerve that making money was created and we would have been truly shocked to learn a fundamental principle of economics that the wealth is created when the assets was moved from will were to high value is the root of all creativity be it to the ibm c, whatever. as far as we were concerned putting money i had was going to party with instead of drinking and making small talk he would just take out your unit's. see if they put that on c-span that was a blast. but going to business? never. if you don't count selling drugs which we were building. we know everything about the price elasticity when it can to potts not to mention aggregate supply and demand. we weirdos had more business experience of the many business major on campus. we all fancy ourselves to be marxists and marxist is the canoli yet we were not interested in the economic ideas to read to be fair, the business majors or not either. economics isn't something
they're going to do this even if it involved running ibm. it would have been shocked if anybody had told us and nobody had the nerve that making money was created and we would have been truly shocked to learn a fundamental principle of economics that the wealth is created when the assets was moved from will were to high value is the root of all creativity be it to the ibm c, whatever. as far as we were concerned putting money i had was going to party with instead of drinking and making small...
135
135
Sep 10, 2013
09/13
by
CNBC
tv
eye 135
favorite 0
quote 0
it will be ibm. it will then be visa. and then it will be, again, what's going on with goldman sachs. so what happens to these stocks after they're part of the dow -- we went back and looked at all of the notable additions over the last ten years. what we did do is exclude stocks that went in or out around the financial crisis. we don't want to look at those. look at united healthcare. it went to the dow last september. a year later, it's up 33%. go back to 2004. aig, pfizer, verizon, all went in the dow that year, and a year later, finished a little bit lower. so overall, you can't tell whether or not a stock is going to go up or down just based upon index inclusion, but it is notable to see that this composition changes the feel of the dow. >> it does, right? probably more than anything for an investor. >> well, it also goes to -- if you look at the three companies, really, even goldman, consumer company. and they went -- they took out b of a, cheap stock, low-priced, gold is much more exciting stock. what they're going
it will be ibm. it will then be visa. and then it will be, again, what's going on with goldman sachs. so what happens to these stocks after they're part of the dow -- we went back and looked at all of the notable additions over the last ten years. what we did do is exclude stocks that went in or out around the financial crisis. we don't want to look at those. look at united healthcare. it went to the dow last september. a year later, it's up 33%. go back to 2004. aig, pfizer, verizon, all went...
104
104
Sep 27, 2013
09/13
by
WTTG
tv
eye 104
favorite 0
quote 0
the microsoft cofounder said weo could havefoun had ade single bn but the guy who did the ibm didn't want to give us the single button. it became part of a folklore inl the early versions of windows.io >> who was that guy? we need to mind guy.eed to >> if it gets changed, it would feel a little weird. >> but it would make sense forak it to be one button! >> it would.t. >> why do you have to hit control-alt-delete?nt >> i feel like i don't care! [laughter] do you ever go on vacation for a week and do you feel likever yu forgot how to work the computerm >> what is that password?tas >> oh, yeah, right! >> the password thing is ad g i problem. >> and control-alt-delete is a mistake! >> the red skins, they are leaving a day earlier than they usually would.. mike shanahan says he wants then team to have time adjust to thet time delay.. >> and robert griffin iii saysii they were close to a victory. vc in a press conference, he saide we are real close. clo. we want to start winning and wea go into the bye week with a good feeling and come out of it readf to go on a tear. >> can that translat
the microsoft cofounder said weo could havefoun had ade single bn but the guy who did the ibm didn't want to give us the single button. it became part of a folklore inl the early versions of windows.io >> who was that guy? we need to mind guy.eed to >> if it gets changed, it would feel a little weird. >> but it would make sense forak it to be one button! >> it would.t. >> why do you have to hit control-alt-delete?nt >> i feel like i don't care! [laughter] do...
39
39
Sep 19, 2013
09/13
by
CNBC
tv
eye 39
favorite 0
quote 0
ibm we felt pretty good about. we felt good about ddd. >> before we move on given what the fed did not do no taper. does that make you think it is going to be rough sledding for you ahead as a bear fund? >> i think that the liquidity and the qe has been beaten to death. i have done this since i was a kid. i have watched cnbc since i was a kid. we have gone up for five straight years in a row. we have had tremendous multiple expansion inside all of the indexes. i just don't see where we will get the extra oomph to continue this up and up and up. the davis sentiment, during midsummer it hit 70. we came all the way down to 50. we actually bought 10% cash bought in a lot of our shorts during that period in august. we have been laying a few out. a few more days up we will be back up to very high sentiment numbers. >> what's a fundamental bear case for this? >> so the earnings model index, which is what my partner created, we use it for our forensic long approach as well. it is a number one worst rated name within that e
ibm we felt pretty good about. we felt good about ddd. >> before we move on given what the fed did not do no taper. does that make you think it is going to be rough sledding for you ahead as a bear fund? >> i think that the liquidity and the qe has been beaten to death. i have done this since i was a kid. i have watched cnbc since i was a kid. we have gone up for five straight years in a row. we have had tremendous multiple expansion inside all of the indexes. i just don't see where...
336
336
Sep 9, 2013
09/13
by
FOXNEWSW
tv
eye 336
favorite 0
quote 0
ibm and time warner will cut former employees a check and put them on health care exchanges. what this signals to every american worker. the game is changing and this is just the beginning in his opinion. we'll talk about that and a surprise revelation from dennis rodman's trip to north korea. eye-opening moments from the now's conference from the self- proclaimed basketball diplomat. it is very interesting. we'll be right back. >> i would be back as a guest for the country. and it is amazing he is a very young individual and he wants to change things. he wants to change things in the world. >> a big story getting a lot of attention from retired workers and those on the job as ibm and time warner decide to cut former employees a check and drop them from company coverage in favor of health care exchanges. does that sound familiar? steve moore moris the senior of the wall street journal and a fox news contributor and steve forbes editor of forbes media that you know well. good to have you here. >> steve forbes great to so you. let me start wu. this is a disturbing development f
ibm and time warner will cut former employees a check and put them on health care exchanges. what this signals to every american worker. the game is changing and this is just the beginning in his opinion. we'll talk about that and a surprise revelation from dennis rodman's trip to north korea. eye-opening moments from the now's conference from the self- proclaimed basketball diplomat. it is very interesting. we'll be right back. >> i would be back as a guest for the country. and it is...
47
47
Sep 22, 2013
09/13
by
KCSM
tv
eye 47
favorite 0
quote 0
i cannot ask dropbox to say search my files to find those files that contain the word ibm. we develop a technology, so- called encryption domain search. on the one hand, i want to encrypted so the dropbox guy cannot understand it, on the other side i want to make sure i can search through it without understanding the contents of the file. that is one of the technologies we are working on right now. >> and that is close to being formally announced? x yes. it is the close to product great. >> we need to take another break on our program. we will be right back. >> welcome back to the final segment of today's program. we will continue our conversation with dr. tzi-cker chiueh, the general director of the cloud computing center for noble application. you often talk about or express the notion of google-like model. what is it? can you elaborate for us? >> in one sentence, it is a software-driven data center solution. the goal-style data selection is characterized by the fact that they use only low-cost commodity hardware. everything else is controlled by system software. that is
i cannot ask dropbox to say search my files to find those files that contain the word ibm. we develop a technology, so- called encryption domain search. on the one hand, i want to encrypted so the dropbox guy cannot understand it, on the other side i want to make sure i can search through it without understanding the contents of the file. that is one of the technologies we are working on right now. >> and that is close to being formally announced? x yes. it is the close to product great....
79
79
tv
eye 79
favorite 0
quote 0
liz: a aside from ibm you like novartis. you mentioned pharmaceuticals. there is an area that is a real opportunity. they have an opportunity to see the company very involved in global performance. and it has performed beautifully. we also have johnson and johnson which is domestic base, but huge global footprint. coca-cola. why this man? >> well, a company that really has not done all of that much in terms of its stock price this year. and it is kind of turned it in the high 30's area. yet it is a wonderful emerging marketplace. it is also a financial engineering play with the bottlers. so we like this company in here. it is one of the classic defensive names that we think will hold of in any economic environment. liz: folks, this gentleman, six billion-plus in assets. now comes his number one moneymaker, the name that you feel has just got to be in the portfolio. what is it? >> well, we just recently added teach amax in the retail. a lot of the soft retail and department stores have had disappointing earnings. not t.j. max. they have a formula that real
liz: a aside from ibm you like novartis. you mentioned pharmaceuticals. there is an area that is a real opportunity. they have an opportunity to see the company very involved in global performance. and it has performed beautifully. we also have johnson and johnson which is domestic base, but huge global footprint. coca-cola. why this man? >> well, a company that really has not done all of that much in terms of its stock price this year. and it is kind of turned it in the high 30's area....
65
65
Sep 10, 2013
09/13
by
FBC
tv
eye 65
favorite 0
quote 0
coming up, first ibm, now time warner pushing retirees out of his health care plan to save cost. an easy out for big as is, but how soon will it be before you are out of luck? plus, it is like christmas eve. apple is set to unveil a couple new iphones tomorrow. we have one of apple's foremost experts to handicap the big event. can you ever have too much apple? ♪ ♪ melissa: another week, another company example of what we're all quite be facing with health care costs. time warner latest company moving retirees off the health plan onto private exchanges. is the writin the wall? and what does it all really mean? welcome back to the show, let's get to it. if i am one of these people because there will be more and more of them, i find out i am being moved to a private exchange, what does that mean? >> before you would be on employer's health plan. you're going to have to shop. you're going to have to pick from a menu of plans. you're going to get to find contributions, find the deductible you're willing to take, the network you want and pick. melissa: if i want the same coverage a
coming up, first ibm, now time warner pushing retirees out of his health care plan to save cost. an easy out for big as is, but how soon will it be before you are out of luck? plus, it is like christmas eve. apple is set to unveil a couple new iphones tomorrow. we have one of apple's foremost experts to handicap the big event. can you ever have too much apple? ♪ ♪ melissa: another week, another company example of what we're all quite be facing with health care costs. time warner latest...
183
183
Sep 13, 2013
09/13
by
CNBC
tv
eye 183
favorite 0
quote 0
that's a $35 billion business dominated by oracle, which reports next week, ibm and sap. big data, technology world, the truth is only 10% of the data out there is actually structured in one of these businesses. what about the other 90%? the unstructured data. that's where splunk comes in. much of this unstructured data, this stuff is what's known as machine data. which includes all the data generated by all the systems running in data centers, all the connected devices, applications, servers, security devices, machine-to-machine remote infrastructure that powers any given enterprise. until splunk came along nobody was really doing much with this machine data. there are literally thousands of distinct machine data formats. that makes aggregation very difficult. but splunk's platform takes the machine data and makes it accessible. and valuable to its clients. thus the heart of the big data theme you can use this information to diagnose security problems, assess the health of your remote equipment, and demonstrate compliance to your regulators, among so many other great app
that's a $35 billion business dominated by oracle, which reports next week, ibm and sap. big data, technology world, the truth is only 10% of the data out there is actually structured in one of these businesses. what about the other 90%? the unstructured data. that's where splunk comes in. much of this unstructured data, this stuff is what's known as machine data. which includes all the data generated by all the systems running in data centers, all the connected devices, applications, servers,...
118
118
Sep 30, 2013
09/13
by
WBAL
tv
eye 118
favorite 0
quote 0
the top are apple, google, coca-cola, ibm and microsoft. >>> 24-year-old maria schifrin uploaded this from working at her job in twi-juan. she said she sacrificed relationships for a seemingly uncaring boss. after dancing her way in the video to kanye west, you guessed it, she quit. now she plans to come back to the u.s. definitely one way to quit your job. >>> football highlights and sports with betty nguyen. >> but which nfl quarterback has the most scoring passes in the first half of the season? don meredith, peyton manning or kirk warner? the answer when "early today" returns. >>> all right. before the break, we asked which nfl quarterback has the most scoring passes in the first month of the season. is it don meredith, peyton manning or kirk warner? the answer is b. peyton manning, has 16 breaking the record of 16 which is held by meredith and warner. let's go to betty nguyen with sports. >> i actually got that right. >> let's get to "sunday night football." the patriots stayed undefeated. tom brady under pressure. but this cannon pass that you're about to see, thompson. look at
the top are apple, google, coca-cola, ibm and microsoft. >>> 24-year-old maria schifrin uploaded this from working at her job in twi-juan. she said she sacrificed relationships for a seemingly uncaring boss. after dancing her way in the video to kanye west, you guessed it, she quit. now she plans to come back to the u.s. definitely one way to quit your job. >>> football highlights and sports with betty nguyen. >> but which nfl quarterback has the most scoring passes in...
66
66
tv
eye 66
favorite 0
quote 0
ibm has done a number of them spinning off printers and pcs, it at least was not where ibm wanted to go. neil: ge and ge capital. >> i own ge, that is one, and if ge does this and a publicly traded company, i would definitely buy it. >> absolutely. neil: i do not like you guys agreeing so much. in the meantime, i want to close on another phenomenon in august and twand to both of your points earlier the run-up in oil, and the fear factor in oil. i guess it goes to this notion what if oil ports are shut down, the suez cana what if iraq shows production, that is a real kind of compounding far and may have been one of the reasons he was saying we could see $150 threat in crude oil. our oil would likely follow suit in that kind of a perfect storm. what do you think? >> that is pretty on the mark. i see gas prices at $4 not really coming back. the other way, if there is no crisis, the economy is chugging back. you know i like the chart, it is going to $4 per gallon. neil: i guess it goes back to the length of the potential battle for, whatever you want to call it. if there are members in t
ibm has done a number of them spinning off printers and pcs, it at least was not where ibm wanted to go. neil: ge and ge capital. >> i own ge, that is one, and if ge does this and a publicly traded company, i would definitely buy it. >> absolutely. neil: i do not like you guys agreeing so much. in the meantime, i want to close on another phenomenon in august and twand to both of your points earlier the run-up in oil, and the fear factor in oil. i guess it goes to this notion what if...
231
231
Sep 23, 2013
09/13
by
FOXNEWSW
tv
eye 231
favorite 0
quote 2
big companies like ibm and walgreen are going to put people on the primary exchanges. this is a mess z well, it is. but at the same time, those who are attacking it, i'm showing what the alternative is. we're still at 50 million people without health care. i advocate a not for profit system. as long as we have a for profit system we're looking at this gamesmanship which is threatening the government of the united states itself. >> i don't think many people would agree because insurance companies make a profit on this. that's the main problem with the obama care, that it was cobbled together to collect democratic-only votes. it was rammed down the throats of the republican party, no change of this magnitude in anything as big as health care in memory has ever been made simply on the strengths on the vote of one party. if this had been a bipartisan measure of one kind, it would look different than it is now. my guess is it would be better and you wouldn't have this united wall of opposition to it and these rear guard actions being fought in the house and to some extent i
big companies like ibm and walgreen are going to put people on the primary exchanges. this is a mess z well, it is. but at the same time, those who are attacking it, i'm showing what the alternative is. we're still at 50 million people without health care. i advocate a not for profit system. as long as we have a for profit system we're looking at this gamesmanship which is threatening the government of the united states itself. >> i don't think many people would agree because insurance...
119
119
Sep 25, 2013
09/13
by
FOXNEWSW
tv
eye 119
favorite 0
quote 0
. >> neil: you think about it, a lot of companies, the fast food industry and beyond, ibm, time werner, for existing retirees they've given them a check to try out the exchanges and see how they do. are you at that point yet? >> you know, for us i go back to what one of our white castle team members said. it looks good on the chalkboard but doesn't mean it works in the real world. in fast food and restaurants and retail, the profit per team member is $750 per employee. a lot of industries it's $10,000. when you have cost increasing at a rapid rate it's tough to predict the future. we're keeping our commitment to our team members our number one priority. >> neil: do you think in the back of your mind you'll get to the point where even though you have to pay a penalty, it's cheaper to drop the coverage and pay the penalty because white castle comes out ahead. >> we're a family-owned business and have been for 92 years and make decisions for what is best for our people. i don't see us heading that direction but on paper, it would be -- if you do net present value it would be a attempting
. >> neil: you think about it, a lot of companies, the fast food industry and beyond, ibm, time werner, for existing retirees they've given them a check to try out the exchanges and see how they do. are you at that point yet? >> you know, for us i go back to what one of our white castle team members said. it looks good on the chalkboard but doesn't mean it works in the real world. in fast food and restaurants and retail, the profit per team member is $750 per employee. a lot of...
248
248
Sep 10, 2013
09/13
by
KPIX
tv
eye 248
favorite 0
quote 0
. ♪ imagine ibm watson can analyzer. terabytes of data. to help operators quickly find answers to a caller's question. soon, watson will help transform customer service. let's build a smarter planet. [ male announcer ] over the last 100 years, tennis has gotten a lot less dainty, rackets less splintery, courts more surfacey. technology made the game a whole lot faster and awesomer. it's kind of like how esurance used technology to build a car insurance company for the modern world. advantage, you. let's give it up for the modern world. [ crowd cheering ] [ male announcer ] or...that works. esurance. proud sponsor of the u.s. open. check out esurance on facebook. esurance. proud sponsor of the u.s. open. infrom 100 million ibproduct manuals.rn to help people fix things when they're broken. soon, watson will change how we ask for help. let's build a smarter planet. bill: coverage of the u.s. open on cbs sports is sponsored by -- bill: back in new york. beautiful evening and the lineup tonight on cbs -- it's all tonight, only cbs. rafa nadal
. ♪ imagine ibm watson can analyzer. terabytes of data. to help operators quickly find answers to a caller's question. soon, watson will help transform customer service. let's build a smarter planet. [ male announcer ] over the last 100 years, tennis has gotten a lot less dainty, rackets less splintery, courts more surfacey. technology made the game a whole lot faster and awesomer. it's kind of like how esurance used technology to build a car insurance company for the modern world. advantage,...
151
151
Sep 23, 2013
09/13
by
FOXNEWSW
tv
eye 151
favorite 0
quote 0
. >> when you talk about computers doing more that makes you think about watson the ibm computer that went on the quiz show jeopardy. >> this is watson. >> could the computer beat the best human. >> ibm computer system against the two most celebrated successful players in jeopardy history. >> who is michael phelps? what is staggering genius. and now you say we are soon going to see robots that act like doctors? >> i would like to have the best decisions made by my health when i go to the hospital. wouldn't you? that is what watson is trying to do to be a decision support enterprise to help doctors and hospitals understand it better through data analysis and make better care decisions that are going to relate to whether you should have a certain drug or maybe you shouldn't. >> thank you james. i hope we do show that it is possible. we have seen rockets launching into orbit. what if you want to go further? that will ultimately be possible in 10 years. >> from now on you won't just be visiting planets. you will be staying. >> inhabitants wanted for mars in 10 years? yes says an entrepren
. >> when you talk about computers doing more that makes you think about watson the ibm computer that went on the quiz show jeopardy. >> this is watson. >> could the computer beat the best human. >> ibm computer system against the two most celebrated successful players in jeopardy history. >> who is michael phelps? what is staggering genius. and now you say we are soon going to see robots that act like doctors? >> i would like to have the best decisions made...