July. We have the Food Retailers of hire. The organic and Natural Food Company posted better than expected earnings. Multiples shares moving higher. A big story. Checking the price of gold, 20, 21 an ounce. Still a considerable decline, over 1 . Again, on gold. Oil prices also down, but elevated after a 2day run. Crude up 0. 34. The price of 1 barrel of oil right now. So this week right here on countdown to the closing bell, you heard liz claman interview the new ceo of intel about transitioning the company. Still making a profit from mobil and wearable devices, and it looks like analysts are paying attention. Straight to Nicole Petallides at the New York Stock Exchange for more. Reporter hello, lori. You are absolutely right. Doing great today, and it is leading the Dow Jones Industrial average as analysts are vocal focusing in on the strategy here. Now making microprocessors that are lowerpriced, highperformance, cheaper than those that are offered by competitors. That sounds like a great makes. They think now that intel is up by raging rather than hold, not only do they changed their call, but they also raise the price target up to 30 up from 27. At 23 chains, as it they certainly think there is upside potential. The new focus that intel has should really changed and translate to share gains. Two in one pcs in handsets. The road and air and will street was certainly listening. Lori many thanks. Lets get to the floor show. Traders at the New York Stock Exchange, cme, and the nymex. Ill knock anyone can be unhappy with this. When syria becomes less and less at least a shortterm issue, the market has reacted accordingly. We still have to deal with tapering and the budget and all of those problems are still there. The economic numbers continue to be a mixed bag. Clearly the market has put out a very good performance. Lori shrugging off lackluster numbers. Consumer confidence is a surprise. How did you see that impact the market where you are . It is a less important number. To be honest, the fed is driving everything. If elected what is going on, we have the s p up and volatility index at the same time. To me that is a lot of growing fear in the market. You expect slowness. The fear index rallying through wednesday in a move will find out. Lori are you calling for a call before the storm . As you said, this momentum coming to a screeching halt, at least in terms of equities, marked. Were going to have a kid i christmas effect. And lot not a lot going on, but a lot of excitement and fear. You will see the fear index said above 15. The Auction Markets and the bond markets, that is where all the action and excitement will be. Lori lets switch over to oil. Still elevated. What is driving the price right now . Two things. I dont think that the issue in syria is going away anytime soon. We are going to see some rhetoric come out of the delays about the inefficiency of the u. N. And how far and how deep they are really going to be able to go on getting rid of these weapons of mass destruction. What i think is going to happen is, president obama will start getting frustrated with that and from there the oil market will shoot back up yet again. Also, we have very little supply the wti delivery spot. Lori what do you think that could be . Looking at 108 change per barrel. Any time it gets over 109. 60 on getting along. I think we will see 112. Lori back to you. At 3 gain, a similar question about the fed and its influence in the market. Will this momentum come to a screeching halt once we hear the tapering . We have to wait and then. I think that the general perception is that there is going to be something. At think it is going to be gentle, if you will. I think that the market is more or less pricing that end. The fed has done a pretty good job going back at two or three months to send that message. Listen, best Case Scenario is they do nothing, but if they do something, i dont think that it will be a lot or derail the market because i think it is pricey. Lori what is a bigger risk . The 10year yield . Listen, the bond market, ultimately the premarket. The move from two. Five to teeseven set a much more negative messes. Lori thank you again for wrapping a. Everyone is excited about twitter, even though we dont have much info. What does it mean for this social media and evader . Will twitter list on the nasdaq with a New York Stock Exchange . Joining us from outside twitter headquarters in San Francisco. Hearing any more details to back well, so far not too much. We are literally at twitter. Making a lot of news itself and treating all of this bazaine with that tweet confidential. Expected to earn about 580 in revenues this year. They doubled from 11 to 12. Essentially a earning about a dollar for registered user, 500 million users for twitter worldwide, and we also take a look of some of the other social media stocks of there. Down a little bit today, but record levels finally back above the ipo price. The facebook ipo. He says the numbers are not to make sense check dorsey. How the market made money. Lori we will be going back to robert in San Francisco. He will be joined. Also, the closing bell ringing in 52 minutes. Keep it right here on fox business because coming up, as we continue our coverage the leading advocate. Makes it easier for Companies Like twitter to go public. But this former New York Stock Exchange chairman and ceo about to get involved in the exchange again. Interesting to hear what Charlie Gasparino has to say about this. His latest reporting in just a few minutes. Thank you orville and wilbur. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre 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. Were not simply saluting history. Were making it. [ male announcer ] 1. 21 gigawatts. Today, thats easy. Ge is revolutioning power. Supercharging turbines with advanced hardware and innovative software. Using data predictively to help power entire cities. So the turbines of today. Will poweus all. Into the future. Lori the power mover of the hour, gsp capital. This publicly traded Business Development company known for buying shares a private Company Reported that 15 stake in twitter as of june 30. Buzzing about what is likely to be one of the hottest ipos we have seen a number of wellknown companies go public. Some were big hits. Remember linkedin. Summer bignesses. What can we expect from twitter . Joining me now in at fox business exclusive, a cofounder and longtime venture capitalist. It is so nice to finally have the opportunity to meet you. Great to be here. Lori your thoughts on the timing. Driven by their desire to keep the ipo filing confidential. Lori we dont know a lot of the financials. Running out, that in and of itself is very i opening as to how much money is companies generating. Theyre going stag go to the unbelievable heights to make sure that they dont screw this one up both that the initial pricing and also, i think theyre going to leave a lot of room for a meaningful appreciation. We dont know much about the valuations, obviously, but there are some rumors. I can speculate, yes. Some of the trades have been happening in the second markets. The same thing that happened with facebook. The reports are that the current valuation and the second markets are around nine arts in billion. I dont think these numbers will be dramatically off. Maybe 15, 16 billion pre money valuation. Obviously it will depend upon the demand that is created in the road show, but that can be the initial pricing. Then you would expected to trade up another 25, 33 from that. That is kind of the textbook way that an investment banker would like to of bring out a great new company like twitter. Lori what are you hearing . Is scenes like this is of wall street is talking about. How so highly anticipated. Coming in at the valuation you predicted, far smaller than facebook in terms of valuation. Members a very nice, attractive numbers, but nowhere close to what face books were several other reporters noted that. Almost a billion customers to object to 200 million users. A pretty big sprint. I would not expected to price anywhere comparable to what facebook has done. If it does what i just said it did it will be a use the successful offering. Lori what does it have to do to my ties to make sure that it does go out that. It has to really perfect the art of the insertion of ads in sweets. A company that has been operating in china, operating its way bill service for many years. Ages sold Something Like 18 percent of that company for an implied valuation of two and a half billion. So and they have actually perfected the advertising. They are massively successful e commerce. So they will use this service to do a lot of inserted as for the chinese version of twitter. Lori are you confident that the listing will go up . The debacle. I would bet a lot of money that it has come off without a hitch. Lori ready you think it will go . The New York Stock Exchange. All the problems that nasdaq has been having a sending boards away from the risk associated with that. I like both exchanges, but i think it will be. Lori would you buy shares . It all depends. I have to see the numbers. The numbers, the filing may actually have taken place a couple of months ago. How was going on now, a detailed review under way by the securities and Exchange Commission none of the concerns that plagues the facebook. When they get done with that there will tell the company that we are good to go. In the company will plan its road show. The confidentiality will go away three weeks before their road show starts. Lori thank you so much. A lot of new information. Lori the closing bell ringing in about 40 minutes. It has been years. He could be getting ready for a comeback. Charlie gasparino will bring us exclusive details in a moment. And the Housing Market may be added pivoting point. Buyers facing higher mortgage rates. Does the house recovery run out of steam . It could spell trouble for home buyers. If youve got it, you know how hard it can be to breathe and man, you know how that feels. Copd includes emphysema and chronic bronchitis. Spiriva is a oncedaily inhaled copd maintenance treatment that helps open my obstructed airways for a full 24 hours. 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Find out why nine out of ten large professional investors choose ishares for their etfs. Ishares by blackrock. Call 1800ishares for a prospectus, which includes invement objectives, risks, charges and expenses. Read and consider it carefully before investing. Risk includes possible loss of principal. Lori back in action. The former New York Stock Exchange chairman. I dont know exactly who these floor traders are, but there are floor traders on the exchange, the guys that trade stock essentially. As you know, that business has gone down dramatically in recent years. The Intercontinental Exchange what these traders a doing, they approached certain people the former board member of the Stock Exchange. The Founding Partners getting get some financing for this. But from what i understand, he said no. The other part of the interesting part of this, also was sources are telling fox business, theyre going out there and asking others. Is it possible that the Stock Exchange is going to sell a cassette greece portion. It basically run the trading mechanism is a declining business. Thats what they sold to the internet Intercontinental Exchange which basically does the trading business through computer of derivatives such as a much more highmargin business the stock market is this is not doing well right now. It is a possibility, billy. People at the New York Stock Exchange. From what i know, he is so electronic oriented, so oriented in highmargin businesses like making markets out of derivatives, lighted by the new york stock . Well, they have Something Like white which does marketmaking on derivatives. He wants that business and will be rid of this stock equities business and sometimes. He knows when. That is where a lot of people think inside the exchange. It is really interesting. Approaching certain rich people and asking if they would join in some sort of a bid because they believe that he is willing to sell at some point. It is funny that this situation might have gone full circle. Ultimately it led his ouster of the New York Stock Exchange. I think the big money would not come from grasso. Indicated by the courts. Lori city keep that . It was 150 to 200 million depending upon how you looked at it. He beat the suit which was initially first styled by eliot spitzer. He hung in, i believe, four years later. The Court Essentially through the case out. They found a lack of merit to it. And he got to keep his money. The big money here would have been run down. Worth anywhere between three to 7 billion. An extremely rich man. An extremely generous man with that money. I have had milos. We have butted heads. He is extremely honest. He speaks his mind. The its a lot of that money away to charity. Lori money is green a matter where it goes to. We should point out, he has no interest in it. Completely rule that out. The interesting thing is not that he does not have interest. The interesting thing is that there are groups of traders that are approaching people. I think that they can do a deal. As the right price, if you know the New York Stock Exchange structure. Lori and the culture there. But why did he buy a . For the Equities Trading business where people and the computer matches buyers and sellers of stocks. Did he buy for the listing business, people ran the opening bell and say they have a listing, the New York Stock Exchange will go after twitter to be listed on the New York Stock Exchange will be a big battle. Did he buy it for some other business that they do including something called life which is some sort of a derivatives business. Most people believe he bought it for life because that is the highmargin stuff. Other step is smaller margins, particularly the stock trading stuff is why they think that they could sell it. I wonder if he could sell the listings business. That makes a decent amount of money and gives them tremendous clout in corporate america. This is an ongoing conversation. Lori you are chuckle a breaking news these days. Thank you so much. A pleasure to work with you. Three shekels a day. Lori thats it . Thats it. Lori that is the way. Breaking news. You might want to stick around to hear this. J. C. Penney just disclosed that steven rocas design resigned from the border j. C. Penney. This gets a reaction from you. Why . I dont even know who he is. He looks like he is wearing a tuxedo. Lori it is actually an overcoat with a time. Anyway, off the board. There is reaction. About half an hour to the close. Was this guy and hackman guy . Lori that is an excellent question. I wonder if this is still the continuing saga of hackman unwinding his role in the company, his board members, his people. I do not know that for a fact. Lori theyre telling me in my year, the production guys that he is definitely falling at men out the door. But there are couple. It took him awhile. These things do not play out. They dont play out straight. This has been a bad year. Between 35 and i actually like the guy. This debacle with j. C. Penney and herbal life, i mean, you know, not very well. And you always wonder. Remember, three years before court yakima three years before. He made the call. He stated it for three years. The. Lori im sure ease just fine depth. Were down to 30 minutes and counting until the close. Is the Housing Market at a turning point . We will bring in steve berkowitz, ceo of a company which operates an Online Network of realestate websites. Thank you orville and wilbur. Amelia. Neil and buzz for teaching us that you cant create the future. By clinging to the past. And with that youre 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. re not simply saluting history. Were making it. Lori the s p 500 is on track to end the week of about 2 . Lets said to Nicole Petallides on the floor of the New York Stock Exchange for the biggest winner. Reporter a lot of names that are worth noting. We will take a look quickly. And you look. A great report. Great numbers this week. And that is obviously because of the deal with coke industries. Delta air lines. That pop as well. Also taking a look. This is after there has been some fda approval