Flol advice. Well get you taper ready. First to sue at the nyse. And Gary Comiskey and kenny have started the conversation. Theyll join nous a second. We start out with two Major Corporate titans two members of the dow and both stories from washington state. Boeing shares hitting an alltime high as it gets ready to make the first flight of the next generation of dreamliner. Ty mentioned we will bring that to you live. Microsoft announcing a huge stock buyback and boosting its dividend. John fortt is all over microsoft but well begin with phil lebeau live at boeings big event in washington. Hey sue. Ten to 15 minutes away from the dash 9 making its first flight here outside of boeings Assembly Plant in everette, washington. To bring you up to speed at what the 7879 is about, a larger version of the dreamliner. It carries about 40 more passengers. The first flight is scheduled to last about five hours. Theyre going to go out over the coast for a while and swing back over moses lake to the east of seattle before touching down here in seattle. The dreamliner carries about 40 more passengers, able to fly further and ray conner, the ceo and president of Boeing Commercial Airplanes believes this is the key plane entering the sweet spot of the market for boeing. Its a real ultralong range markets for the airline. The 7878 is kind of the path finder, that opens up the markets. This airplane with the more capacity and longer range will fill in behind it and pick up as the Airlines Start to increase the loads in the traffic. So how many dreamliners have been built and delivered . 84 have been delivered. Theyre being flown by 14 airlines around the world. Orders yeartodate, 88. Remember, three of the last four years boeing did not have an increase in dreamliner orders and the backlog, 852 that stretches out well into the end of this decade. 40 of Boeings Dreamliner backlog are 7879 models. This is going to be the bulk of the backlogs in the future. It is on target to raise 787 production to ten per month by the end of this year. We talked with ray conner. Theyre seeing their suppliers move up their production schedule to ten per month and shares of boeing trading or have been trading earlier today at an alltime high. Again, tyler and sue, about 10 to 15 minutes away from the 7879 making its first flight and were here on the runway and bring it to you live. Thank you very much. Well be back with you in about ten minutes to watch the takeoff of that beautiful aircraft. Meanwhile, lets move sort of upward, up the coast a little bit inland to microsoft. Redman, washington. There you see it up 20 cents a share right now. The tech giant announcing a major stock buyback, planning to pump up its dividend as well. The shares at 33 even right now. The stock is up more than 20 this year, 23. 5 . Besting the s p 500. John fortf is live in, with ceo Steve Ballmer retiring in a year, why is he doing it now. That was nice mental navigation you took us on. This is a bit of a carryover. Microsoft had an authorization for 40 billion in buybacks set to expire in two weeks, so they are reupping it. The news part is the dividend going up 5 cents to 28 cents a share putting microsofts dividend yield at about 3. 4 . Thats a lot for a tech company. Thats going to cost the company more than another 400 million a quarter which isnt even that much for microsoft considering what it generates on a quarterly basis. The dividend hike comes at a time of uncertainty for the company. They announced a reorganization in july, consolidates power with the ceo and then announced steve ball pler is going to retire within a year and microsoft also plans to buy nokias devices and Services Business for just over 7 billion in overseas cash. Microsofts core Windows Business has staultds as consumers shift their dollars away from pcs and toward mobile devices like smartphones and tablets. The main areas growing at microsoft are cloud and data center. Now this is nice news for shareholders, of course, but analysts arent likely to change their outlook on the stock based on this. Many seem to be keeping their powder dry ahead of thuss Analyst Meeting in bellview washington. Jason maynard at wells fargo says it wont fix microsofts growth challenges and theyre still hoping for a breakup the last i heard. Sue . Thank you so much. The other major story the fed kicking off its twoday meeting on Interest Rates and policymakers are widely expected to announce some sort of pullback of their Bond Buying Program. Maybe a major market mover, maybe not. Which stocks could move if the fed does begin that taper. Dominic chew takes a look for us. Sue, the expectation like you said among the experts is that the fed will take the opportunity to announce those reductions and the expectations of that announcement comes as early as tomorrow along the rate decision, so what sectors are poised to feel the impact if you will if that happensp. Many strategists say if stimulus is reduced Interest Rates will high. Groups get a boost when buying power for consumers is boosted, low Interest Rates help boost buying power. Then the utility companies. We talk about them often these are Mature Companies that generate lots of cash thats paid out in dividends to shareholders. These relatively high dividend yields become relatively less attractive as Interest Rates start to rise. Duke energy, coned and pg e. Who might do well . There are some traders looking for more cyclical or economically sensitive stocks really improving fundamentals around the world may help drive those names. You think blue chip names, multinationals like ibm, maybe a caterpillar and qualcomm on the tech side to play in on the smartphone revolution. Again, sue, some names to consider if youre looking for whats going to happen when the fed makes any kind of announcement with regard to rates. Back over to you. Thank you, dom, very much. Stock market session highs up 56 highs. Kenny of oneill securities is with us and a cnbc market analyst and dear friend gary is back. Great to see you. Took us a long time to do this together but im excited. I am too. Great to have you here. You think the taper is a nonevent if it occurs. Why . I think its a nonevent in the sense that as a traditionalist investor, Interest Rates going up, rising Interest Rates is one thing, when the fed is moving to raise Interest Rates. The taper is more about a symbolic gesture and thats been priced into the markets the way i see it. I dont expect any major Market Reaction whether we taper, dont taper, whatever that amount is. Its about rising Interest Rates and thats not anywhere near anything on the horizon. You dont think theyre going to taper . I dont think theyre going to taper because we havent hit any of the metrics that ben bernanke laid out five months ago when he talked about inflation and unemployment. If they begin to taper how do we sell this . We havent hit the metrics but still going to taper. I understand the thing we need to get out, it has to start, but the macro data is not confirming, havent hit the metrics and if they push it off another month which i think probably could happen, then what happens . I think the market then continues to rally an test the highs and if they do announce a taper its going to be the next conversation, okay, whats going to happen next month . People will start to get anxious about how big is it going to be next month, is it going to be. Listen, kenny can be right there. The point is if they do nothing tomorrow, say they do something and the Market Reaction is negative, you put yourself in a corner where youre letting the market dictate your moves by the fed and thats not what the fed wants. Again, focus on whats happening. Not the Economic Growth that has higher Interest Rates around the corner and thats the important thing. No, but i think if the market does pull back tomorrow for the longterm investor its an absolute opportunity. We like to hear that at morgan stanley. Im sure you do. You know, youre headed out to singapore to the conference. Yes. And one of the gentlemen you are going to interview exclusively is tim geithner. I will be yes. His name being bandied about even though he denies he wants the job as perhaps a candidate for the fed chief. Yeah. Going to ask him . I will see mr. Geithner and ask limb that. I think he has been pretty steadfast saying that was an opportunity he felt was there for somebody else. But i will be reporting back after we have that conversation next week and let you know. But i think that he is enjoying the private sector from what i understand. Who would you like, take mr. Geithner out of the mix right now very quickly, gary, he has said hes not interested in the job and done his washington stint as we know. But yellen seems to be the favorite of the street. Cohen seems to be a favorite of the street as well. Do you have a preference . What do you think would be best for the market. Forget my personal preference. As an investor somebody in the equities market and investing capital you want somebody who is going to be transparent, who is going to tell the market what their plans are as kenny pointed out if youre going set guidelines follow the guidelines. That seems to have been the most important thing thats happened since 2008. Setting the guidelines and following the path. All right. Gary, good to see you. Great to see you. Good luck in singapore. Kenny, see you later. Up to you, ty. All right. Sue and all, delta and u. S. Airways flying higher as you see there by a little bit for delta. Little more u. S. Airways. Jpmorgan upxwraedsing both, noting increasing margins for delta, better prospects for u. S. Airways even with its merger with American Airlines doesnt go through. Sue . Ty, biopharmaceutical moving higher today, up 25. 5 . The company says some of its experimental drugs to treat double chins showed positive test results. The stock up nearly 40 over the year. All right. To washington, and the latest details on the tragic shooting at a Navy Shipyard that left 13 people dead. New details emerging now about the suspect. Plus, how could security in your work place be improved and a former fbi profiler will tell us what to look for when we return. Nice car. Sure is. Make a deal with me, kid, and you can have the car and everything that goes along with it. [ thunder crashes, tires squeal ] so, what do you say . Thanks. But i think i got this. [ male announcer ] the allnew cla. Starting at 29,900. Washington trying to begin to pick up the pieces just a day after a military vet went on a shooting spree at a navy yard. 13 people dead including the shooter. Eamon javers live on the scene with the latest in this continuing story. Over to you. Hi, sue. A whole lot of questions today and now apparently some misinformation out there about aaron alexis the 34yearold shooter who unleashed carnage yesterday here at the Washington Navy yard. Were now told officials believe contrary to what they told us yesterday and earlier today, that alexis may not have at any point used an ar15 assault weapon the civilian version of the military m16 rifle. They now believe, according to our latest information, that he used a shotgun which he brought with him which he purchased in virginia just within the past week or so. And then picked up one, possibly two handguns, not long guns, but handguns on the site and thats the scope of the weaponry he used to unleash this carnage wed. Were also told within the next hour were going to get some new information at the top of 2 00 eastern from officials who are expected to brief. Theyre getting set up right now with the podium outside the Fbi Field Office here in washington, d. C. Were expecting some more answers at the top of the hour as to what kind of weaponry was used here, what the situation is in terms of the psychiatric background of alexis and any other new details about how the shooting went down and what were the failures that allowed it to happen. Sue . Thank you very much. We appreciate it. That deadly rampage yesterday certainly highlights potential risks to workers every day. So how can Companies Keep their employees safe . Aaron cohen the founder of ims security, and he joins us with some ideas and my partner ty is in with us as well. Welcome, aaron. Nice to have you here. Securing a work place i think could be difficult depending on what kind of a work place youre in. Is that correct, and what are some of the guidelines employers should follow in the wake of the is situation . Well, thats absolutely correct what you said. Theres obviously going to be a difference between securing a small restaurant and a corporation or a business that employs thousands of people. The security approach for a corporation or a Large Business is the same type of security that you would set up anywhere if you want to truly be safe which means you want a multilayer approach. Its become a cliche term. Explain what it pleens. It means it would take a multifailure event for the system to fail and for a Large Corporation it starts with trying to determine the threat before they ever set foot on your property and actually engage or become an employee. That means having a very specific look at who the employee are or who the potential hire is, before you ever bring them in. You want to do a background check. The type of background check usually consists of a criminal check, obviously credit to make sure theres no financial history, but more importantly have a look at a profile and begin to see who the person is so that you can look for any potential red flag indicators. If you end up waiting too long, or if the background check ends up missing something, you have to rely on the response which is what we saw in d. C. And that becomes too late at that point. The farther you can push the threat away before letting it on your property, the sooner, the better you are of preventing the actual attack. Some friends of mine we were talking about it, they are also in the news business, talking about this story yesterday and we were talking about work place security and every single one of them work for different companies. All of those companies had different protocols, but none of them practiced the protocols in terms of what would happen if somebody actually did engage in an event like yesterday. How important is actually training for this, practicing for this type of an event . Thats a smart question. I the training for the security personnel in my opinion is the one thing that this country is missing. Its something we practice in israel, we do it with the airlines before we board a flight. The mind is the best computer, the only system that can respond to seeing a threat. But the actual training allows you to test the system to make sure that its functioning. If you dont test it in the security world we call it red teaming, which is where you take actual adversaries, try to run them through the actual security program, try and get them to breach, sue, to see if the system is going to fail anywhere and ultimately only through the testing can you realistically look and have a reality base security program. I think theres a misconception here. A lot of people sort of have the apparent security idea and then theres the actual security threat. Exactly. Its very important to focus on the actual threat. The only way to do that is to test it realistically and try to start poking holes at that system. We should tell our viewers that you spent three years in israels Counter Terrorist special Operations Unit so you know a lot about this. As we wrap this up, aaron, in general, do you think that most corporations are adequately prepared or not . No, i dont. I think that corporations are okay. I think they are a lot better than many of our Government Installations and the reason why is because they are businesses. If you look at las vegas, they dont mess around with the security and the reason why is because they will lose money. That same model needs to be transferred. As far as where theyre at, i give them probably a c or cplus and the only way theyre really going to be able to fine tune that security, is to make sure that theyre doing everything they can to prevent the attack from happening and as weve seen, this violence, due to the sheer size of our country, is real. Until you have the measures in place, ultimately at the end you could potentially fail. All right. Aaron, very interesting conversation. Sobering one, but interesting. Thank you so much for joining us. Ty, up to you. All right, sue. What are some of the danger signs to look for before a person turns violent . Candice delong is a retired fbi profiler and some of her biggest cases included the unabomber and the tylenol case. Welcome to cnbc. You know, mr. Cohen just suggested that if they had looked at mr. Alexis background, his profile more closely, potentially this incident could have been averted. Do you see it that way . Well, quite possibly. He had two different disciplinary actions when he was enlisted in the navy and they both concerned weaponry. This man should not have been given a security clearance. Ever. I dont know how this happened. Yeah. Well thats what i think were all asking today. Given his background, given the fact that he had two incidents in his history involving the discharging of fire arms, apparently after sort of angry interchanges with a neighbor or someone who was parking in a space or Something Like that, you would have to question why he got the security clearance. Are there signs that people could look for to tell whether someone is close to the edge or about to go off in this kind of violent way . Yes. Usually before people that commit this kind of crimes, these mass shootings, usually before they do it, they exhibit what we call in my line of work leakage. They let it leak from their mouth what their plans are. Im going to ge