Transcripts For FBC After The Bell 20161003 : vimarsana.com

FBC After The Bell October 3, 2016

Gunpoint . Kim kardashian west arriving back in the United States after a terrifying ordeal. David well hear the Melissa Francis theory about what happened there. Melissa no, no, no. David well get back to the markets. The dow pulling back after capping the best quarter of year on friday. Phil flynn, fox business contributor. Ashley webster on floor of the new york stock exchange. Ashley, first to you. David, as you say market slightly lower after big gains from friday. Wanted to pick out stocks with nice gains this environment. Tesla, oh, yes, elon musks tesla, reporting record Sales Numbers in the last quarter. They say that that company now on schedule to reach its second half goal of 50,000 deliveries by the end of the year. That stock up 4. 74 today. Much better than other autos that were reporting today. Ford, gm, chrysler all reporting sales flat to slightly lower. Look at netflix, also up 4 . Rumors are still floating around out there maybe disney would be interested in buying netflix to add to Media Entertainment offerings. We find out that the library netflix maintains has dropped 50 over the last four years or so. Theyre going to be looking to make their own original content. Talking about the big deal of the day, it has been talked about a lot, cabela. That stock is up 15 after finally being acquired by Bass Pro Shops for 5. 5 billion. The combination of these two companies now, a behemoth in the fishing, camping, and hunting market. They control about 20 now, if not more of that market. Big deal, cabelas up 15 , guys. Melissa thank you, ashley. Phil, oil up for four Straight Days posting its highest close in a month 1 2. Talk to me about. Well, were still getting a lot of momentum from the historic opec decision last week. Iran basically doubled down on that today. We saw Oil Prices Start to pull back after the Economic Data caused the dollar to rally. It rallied strong when the president of iran gave his whatever it takes moment. He said it is essential for oil prices to do whatever it takes to get oil prices higher. That gave oil support. Gold pulled down. It went the other way. Concerns about the uk brexit and speed about that, got dollar going up. Taking a little bit of pressure off gold. Forget about that. Oil, a real strong day. Back to you. Melissa phil, thank you. David vowing to rein in bad corporate actors Hillary Clinton is taking aim at wells fargo and mylapharmaceuticals. Take a listen. And we should build own the doddfrank financial reforms and go even further because wall street can never ever be permitted to threaten main street again. Or you get mistreated. All of sudden though say you cant sue us. Well rein in that abuse across everybody. David bring in todays panel. Liz peak from the fiscal times. James freeman from the wall street journal. James, all we need to solve our problems is more regulation and more bureaucracies according to hillary. Well this is truth in advertising. For anyone who thought that when Hillary Clinton went hard left earlier this year, it was about addressing the Bernie Sanders challenge, Bernie Sanders quit the race backed her a long time ago. So were still seeing this message, we need more doddfrank, higher taxes, higher taxes on investment. Investors should not have any illusions what shes offering. It is the obama program. Not the bill clinton program. David of course, liz, she brought the trump tax situation into her discussion saying this is the epitome of businesses getting away with murder . Well, i mean, really, that has nothing to do with businesses getting away with murder. Look, the problem with this rhetoric from Hillary Clinton, lets acknowledge that the wells fargo misdeeds are serious and they have hurt a lot of people and theyre really unconscionable, the truth is the lagging factor in this economy has been Business Investment and if you look at all of the surveys of ceo optimism, confidence, et cetera, the truth is the Obama Administration and now Hillary Clinton have basically bashed big business to further their political ambitions and not the economy for seven or eight years and it isnt working. She needs to get a grip here, to understand what might make this economy start to grow again, which is more Business Investment. It starts with banks lending money. Melissa not stopping with big business, Hillary Clinton has some harsh words for supporters of Bernie Sanders. Listen. Theyre children of the Great Recession and they are living in their parents basement. If youre feeling youre consigned to being a barista or you know, some other job that doesnt pay a lot and doesnt that much of a ladder of opportunity attached to it, then the idea, just maybe, just maybe you could be part of a Political Revolution is pretty appealing. I dont think you tell idealistic people, that you tall them you have bought into a false promise. You do the best you can. That is his view. That is what he is offering but but here is another which where we actually can achieve. Melissa hmmm. James, didnt millenials become basement dwellers during the Obama Administration . How does she think we got to this state . Maybe she has to spend more time building bridges with the sanders supporters. Look, im getting the impression she is not really a people person. Between deplorables dont like big government, dont like a lot of things out of washington. Now she is going after the sanders people, really suggesting that, well, there is a lot that i have a problem with there. One, the idea that someone who starts out as barista has no future in the economy. I dont think she understands our economy either at the high level or the low level. And it is, it is disturbing. I think it will cost her votes. Melissa because they have only ever worked in government. They have never gone out there and actually worked at a job and climbed up a ladder like that. Liz, she talked about protecting corporate special interests and how we got to this place. Instead we have to begin to level the playing field. Forget the fact she is basically throwing away the Obama Administration economics which she is running on. Yeah. Melissa but corporate special interests, they are the ones who filled her coffers to tune of 100 million. Exactly. Melissa where did she get her wealth from . Very good point. 250 billionaire, have basically given her 44 million in campaign funds. If you look at donors to campaign, eight of the top 10 are financial institutions. Look, this is all about as jim says, reaching out to millenials, trying to convince them she is on their team but 2 1 2 years ago Hillary Clinton gave an impassioned speech to the new america foundation, blasting the obama economy. That was when obamas poll numbers were not very high. Now theyre higher. Now she is riding his coattails but the truth is, that is what she thinks. Guess what . Shes right. It has not been a good economy. Melissa right. And reality is, she cant run on that without occasionally slipping up and admitting that to her donors. That is where she is. David kind of hard to avoid who has been in control the past seven years. Facebook could dominate the election. Political ad spending on social media cite could surpass spending on google by the end of the year according to new research from citi. Liz, facebook is clearly winning. It has more access to more information what we do and what we like, including in politics. Is that a problem . I dont know if its a problem. It is a very effective way to mike micromanage your campaign and slice and dice the electorate. That is basically available on facebook. What is interesting,tv advertising is down in this cycle, partly trump is not spending that much money and it isnt effective. Broad brush of demographics of people youre not so sure about. Facebook you know who you are getting too. Facebook readers spend two minutes on line at a crack. That is very effective targeting. David james, were looking at the amount of money. Television it may be diminishing, of course digital ads come way up. That is triple what it was eight years ago but still, got overwhelming amount by a factor of four the money in ads going to tv. Yeah. I think this, depending how this election comes out, we may end up saying though, as much as facebook is growing and targeting is a phenomenon, that really the lowtech approach might have been most important. You see Hillary Clinton spending a lot more on you all kinds of media. Cant really break away from donald trump. If he wins, yes, he has spent some on facebook but, most of what hes done is basically, what you would call earned media, getting on tv networks and also his twitter feed which is completely untargeted. David oh, yeah. If trump wins i think people will say, maybe technology wasnt as important as we thought. David untargeted but free. We got to mention it is free, genuinely so. Appreciate it. Melissa . Melissa crisis at our nations borders. Record number of Illegal Immigrants trying to get into the country before november. David fear and loathing in america. The unlikely reason voters are choosing to back Hillary Clinton and donald trump. Melissa and the New York Times risking legal trouble to publish trumps tax returns but its own expert admits that the republican nominee didnt break the law. There is no one who has shown more genius in their way to manuever around the tax code as rightfully used the laws to do that. At old dominion, we ship everything you can imagine. And everything we ship has something in common. Whether its expedited overnight. Or shipped around the globe,. Its handled by od employees who know that delivering freight. Means delivering promises. Od. Helping the world keep promises. Get between you and lifes dobeautiful moments. Llergens by choosing flonase, youre choosing more complete allergy relief and all the enjoyment that comes along with it. When we breathe in allergens, our bodies react by overproducing 6 key inflammatory substances. Most allergy pills only control 1. Flonase controls 6. And six is greater than one. With flonase, more complete relief means enjoyment of every beautiful moment. Flonase, six is greater than one, changes everything. Melissa no word left unsaid. Hillary clinton is wasting to name slamming donald trump on his taxes. The democratic nominee accusing trump, of quote, stealing from the u. S. Hmmm. Peter barnes live in d. C. With the latest on this one. Peter . Reporter melissa, key battleground state of ohio clinton hit trump on that New York Times story that he reported nearly a billion dollar loss on his taxes in 1995. Doesnt look like he paid a dime of federal income tax for almost two decades. Now while millions of americans families, including mine and yours were working hard, paying our fair share, it seems he was contributing nothing to our nation. Imagine that. Not fair. Not fair. Nothing for pell grants to help kids go to college. Nothing for veterans. Nothing for our military. Reporter this morning at an event with veterans in virginia trump went after clinton on her email controversy. We dont want to have any servers in the basements by the way, folks. Is anybody here, has anybody this group, i know our congressman hasnt done it. Has anybody put a server in their basement . Oh, boy. Reporter also today, Trump Campaign is pushing back on announcement from new York Attorney general eric schneiderman. He issued a notice to trumps charity to cease and desist from sew lives iting in new york. Schneiderman, a democrat, saying they violated new york law but fundraising without being properly registered. Trump spokesman said we remain very concerned about political motives about the ag snyder man, the trump. Because this is on going legal matter the Trump Foundation will not comment further at this time. Melissa. Melissa peter, interesting stuff. Thank you. Maybe he doesnt want the american people, all of you watching tonight, to know that he has paid nothing in federal taxes. David that was Hillary Clinton in the debate last week suggesting she knew something about Donald Trumps unreleased tax report. Lo and behold, a few days later the New York Times publishes his tax reports saying exactly what Hillary Clinton said it would say. So, was any law broken . And was there collusion between the irs, the clinton campaign, and the New York Times . Here now is lis wiehl, fox news legal analysts, author yet of another new book, the candidate. Perfect timing for that book. Exactly. David lis, it is pretty weird that hillary comes out last tuesday in the debate and says this and then a couple of days later the New York Times publishes this. First before we get to the legal stuff, seems like there is a little collusion there. Timing is a little strange, this envelope happens to appear in this reporters as weve seen in the reporters mailbox. By the way, return address is trump towers. David thats what they say. You can put any return address on it you want. Go to trump towers around get the novel from trump towers. You can stay in the trump towers get envelope. Seems a little weird, collusion. There will be investigation how this david the question of whether the New York Times broke a law by publishing this is significant. It is. David federal law says, we put it up on the screen, it shall be unlawful any person to whom any return or return information is disclosed in a manner unauthorized by this title and goes on to say that you could be guilty, if youre found guilty of this could be imprisoned five years with a big fine. If imrepresent the New York Times, here is what i say. I say the leaker, the person that got this information, illegally, just, have to assume it was taken i am legally because we cant assume that trump would just hand this stuff over. David he says he didnt. So it was gotten illegally. The leaker certainly has violated the law and should go to if he federal prison leaking that. If im New York Times i had nothing to do with the illegal gaining of that information. My hands are clean. My hands are clean. I have then a right as a News Organization to publish david because of the first amendment. Not just the 1970s decision. It is turn decision. I have the right 2001. David you came prepar for hour argument. It is newsworthy. David i will ask one more question though. The question of who leaked it is important. We have the irs now become sort of a political organization. Sure after the learner example. The irs, exactly. David it is fair to ask if they have done it again, is it not . Absolutely. There will be an investigation. Im just saying that the times can say first amendment, newsworthy. Our hands are clean. We have the right to publish it. David do we find out whether it was the irs that leaked it . Not only would be against the law. Of course. David terrible violation of our electoral process. If the new york leaker i had it to the New York Times. David would we find out through a criminal case against the New York Times . Fbi would investigate this. Irs their own agency leaked to New York Times. We would have a scandal going back to watergate ear ray, the bottom line is, even though the New York Times may be found innocent because of first payment, disclosure, discovery they may not be innocent. I prefaced everything i said with the New York Times coming with clean hands that would not be clean hands, david. David but the key is investigators may find an irs link as well, and that is serious stuff. Lis wiehl, great to see you. Congrats on your new book. Announcement will go on. Julian assange addressing world with video address amid rumors after october surprise. The wikileaks founder originally planned to speak from a balcony in london today but the event was canceled, over quote, specific information regarding his safety. Assange is expected to release, quote, damaging information about Hillary Clinton. We will wait and see, david. David wow. What a story that is. Meanwhile if you cant decide who to voight for this election who to vote for in this election the pope has advice for catholic supporters, but is he endorsing one of the nominees . You have to read between the lines. Kim kardashian robbery all took place in paris, france. Details coming up. Melissa a surge at the u. S. Border, Record Number of unaccompanied number of minors and families showing up at the southwest border entering the country illegally according to u. S. Border patrol. Fox newss casey stiegel standing by in dallas, texas with the latest on this one. Casey, why are which seeing this . Reporter melissa, u. S. Border patrol agents say theyre apprehending upwards of 1000 people in a single day. That is just in one sector. The Rio Grande Valley sector down in south texas where a Winding River only separates the two countries. The vast majority of the Illegal Immigrants coming in now are from Central America, like honduras and guatemala. But if you tho

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