Transcripts For FBC Varney Company 20150511 : vimarsana.com

FBC Varney Company May 11, 2015

And then take a look at this. How about that . The can i say. The embrace. If ricky fouler and his bikini girlfriend cant help golf, nothing will. Varney and company is about to begin. All right. First thing monday morning lets take a look at the big board i call it pretty much not quite dead flat but dead, down 31 points for the dow 18,159, lets take a look at this. Netflix hitting an all time new high. Look at it go. 583 dollars a share closing in maybe 600. New high. Netflix. What a stock. And look at zulily, we call that the chinese amazon, were up 9 at 14 for zulily. And then theres uber, could soon be worth well, actually it is now. Worth 50 billion dollars. Theres a new round of funding that could help uber make it just as valuable as target stores, kraft foods, if he had i can say and caterpillar what do you make of a 50 billion dollar price tag that gets you a car . Uber overrated. This is all based on future impersonating companies you mentioned, they all make money. Uber does not make a profit. Right. So the round of funding that weve seen for this company, again its the third or fourth round is unprecedented in tech financing circles. The question is they say theyre going to grow 400 this year, stewart thats a big stake were not seeing a sign of that. So is the evaluation a little bit big. And go to has been they have legal trouble. They do. Theyve been kicked out of some places. Yes, they have. Theyve had trouble in europe and india. When i saw 50 billion, i was shocked. Well, for a company thats not making money right now. Remind you 1997 or 8. Yeah. We know how that turned out. But not that im suggesting that. No. But at the top of the hour, we asked this question. Does america have any friends left . Heres more on the story. The new king of saudi arabia snubs president obama skipping the summit this week had now its four of six gulf arab leaders, theyre not going to be there and the king of saudi arabia was supposed to have a oneonone meeting with president obama before this summit in america. Its all off. Whats going on here . Well, you know, meeting from behind,ton paid off now we have allies who no longer trust us, and we have adversaries that no longer fear us. Its the he had been of the deal he cant tell cell it to congress. No. He cant sell it to the arabs. No. I think they have already won, but the bottom line is that syngetting Nuclear Weapons and the country is in a region that as you just pointed out theyre not listening to president obama theyre going to do what they said theyre going to do. If iran gets news, we get news. Last week on this show, ashley. Yes. Katie said within five years, there will be a nuclear incident. He didnt say exchange or war he said incident. Absolutely terrifying. Yeah. You hold into that. Yeah. Since the dawn of the atomic age the nightmare scenario has been Nuclear Weapons, and thats what you have in the middle east. You have a cult of suicide bombers, and its only a matter of time before some kind of nuclear im not saying nuclear war, but some kind of Nuclear Weapon is used in one way or another. Saudi arabia, then you think egypt possibly . And then turkey. And then you have countries that are unstable which we have seen in the arab spring, countries that can get toppled overnight. Yeah. And then you have Nuclear Weapons in a region which shouldnt be allowed to play with matches. Thats terrifying. Your reaction to this. I was shocked to see it. Chinese leader together and putin standing together, a 25 Million Dollars deal, and a Cyber Security deal between the two theyre got an hack each other. What does that mean for us . I dont believe that. None of our leaders were there we said we wouldnt go. Were not going to go because of ukraine. And the on whole goal of the american policy was to separate china from russia, from the two communist giants, and the Reagan Administration it was to beat the soviet union, now what you see is just the opposite, theyre together. Ive got to move move to this one the journalist says he says obama lied about america acting loan when killing bin ben. The pakistanis are making good money by keeping obama live and taking our doe. Okay. Weve got more top stories for you. Lauren has them in the headlines and the segment we call in case youve missed it. Latterth all right lauren, go. Good monday morning the trademark and other intellectual property of the bankrupt company impose for auction any main they make will be used to pay back the creditors. Sometimes the name of a bankrupt Company Helps business find success online at a later date. Lets show you me this painting. It goes at auction at christies today expected is 150 Million Dollars, it could be the highest ever paid for a work of art the second highest sold a couple of years ago was 142 million. So it will be close. And lets say im craving chinese food for dinner, i open if i michigan food and type in chinese food, the closest restaurants pop up based on my location, i choose the items that i want from that restaurant, and the chinese food that i want is delivered to my door. Google is going to use this data not to delivery us food, although that will happen, but to know what we want, when we want and how we like our food. What do you think of that . I think that i know the chinese restaurants in my immediate neighborhood, and i dont have to pick up the phone to find them. So you think its silly. No. I dont think its silly. Drive around other areas no, i think the last point you made, they want to know everything about us. Yeah. They can sell it. Yeah. Theyll sell the data and ill buy the stock on that. You dont need to look at the menu you know that, stewart. Yeah. Thats drew. Hold on, everybody. I want to talk golf. Yeah. Because i was glued you were too; right . Absolutely. All the would you weigh through 8 00 eastern. Ricky fouler winning the championship. And, boy, did he do it in a dramatic fashion. Hes 26 years old. Now, wait a minute watch this. Thats the champ kissing his bikini model girlfriend. Alexis after he won. If this isnt good for the game of golf, i dont know what is. Do you have any comment at all . I was struck how passionate it was, it wasnt uncomfortable, but im like, wow this is pretty hot. This is what golf needs. They need a young infusion to take the game, take the man from tiger so i think this is it. I think that ricky fouler and alexa the women in my household. Yeah. Say that he is hot and that can i say will save golf. So the two ladies in the studio at the moment. I want to be kissed like that. Is he hot. Hes really hot. It was mothers day. He should have had mom out there and give him a hug. Mom was there. All right. I think weve got to move on. [laughter] youre getting the point. Maybe golf has been saved on sunday afternoon. Yeah. Thank you very much. Multiple sources say that tom brady will be suspended. An announcement will come any moment. Were hearing anywhere from two to eight games. Now, thats really big news for one of the leagues biggest stars. Were going to deal with it in a moment the pursuit of healthier. It begins from the second were born. After all, healthier doesnt happen all by itself. It needs to be earned. Every day. Using wellness to keep away illness. And believing that a single life can be made better by millions of others. Healthier takes somebody who can power modern health care. By connecting every single part of it. For as the world keeps on searching for healthier. Were here to make healthier happen. Optum. Healthier is here. If i say its a dead flat monday morning, i think thats legitimate; right . Thats true. It says it all. Down at 11. Here we go. Price of oil sitting just below 60 a barrel, and price of gasoline went up over the weekend, but not much and were at an average of 2. 65. Real fast for you this morning. First up the pollen tsunami the green ease are blaming global warning and shes going to set them straight. Orning. And Boston University professor sends out rational tweets going after white males, yes, it is free speech, but is this what weve come to . The popular millennial will get at that. And next the plate that tells you how healthy your meal is. Just put the food on the plate, and it tells you your smartphone. Theyre raising money, would you invest in that. No. Because i dont know what im eating. I just like it. Ta now this. Multiple sources say the nfl will announce the suspension of tom brady. Could be suspended for up to eight game, and he wont be there on kickoff night. Fox sports right here. That will be a huge story. Eight games isnt going to happen. Thats too much. Thats not what youre going to get. Okay. But we might see a couple of games here even if its just one game, its the first game of the season when they unveil its thursday night football its the opening kickoff, everyone has been waiting all summer for football and jimmy is at quarterback, not tom brady . Its a huge deal. The nfl has to make a decision and theyve already thrown it at the falcons pumping in sound noise to the dome, and then texting people on the field from the booth up top. Yeah. And he was band four games for next year. So if theyre letting this kind of punishment for those kinds of things, actually deflating the factional and if they find that brady can be suspended for hell miss sometime. Do you think that brady endeared interfered with the integrity of the game . I think there are a lot of sources thank the patriots are known to try to circumvent the rules to get a little bit of an advantage and tom brady didnt have to deflate these to beat the colts but i do think he did have something to do with this. Youre hedging. Because the report was 243 pages, and they didnt say he did it. He said more probably than not, which to me is them hedging the wells report, so for me not having all that information saying, yeah, they did it, i cant because they spent hundreds of thousands of dollars to get this report done, and they cant say that he did this. But if he were to release his emails and all his text messages. Right. If he did that, then you could set that this question. Did he intentionally have the balls deflated and interfere with the game. Exactly. Now, when rob effort was interviewed for this game, he did give up his cell phone and emails, and thats the arguments that you can make. The League Office themselves said were an open book, and brady hasnt been, where the ball boy did give up his text. Youve got ashley and i sitting here saying now, is this really such a huge story . I mean thats what we both and isnt it . It is so. Football is hugely popular. Yeah. Lets be honest. Its wildly financially successful. Yeah. Brady suspended for one game, is that such a buying bigg deal . It is. Its the player and the team, the they have won four championships since the 2000s and belichick is the greatest and thats the ultimate red mark on his legacy, well, he won but you dont want that out there. Because of what the nfl has been throughed with all these scandals and now you have the super bowl champions being questioned for their integrity. Can we just run the can i say again from yesterday afternoon . Cant we just run that one more time . Ricky fowler is very good for sports. Look at that. I wish we had the video. It went on for some duration i might add. I watched it. All three of us watched it. Johnny miller. I watched it. So is he the new guy i thought Jordan Spieth was the new guy next weekend billa golf is fine. Golf is fine. Wait its a new generation. Yeah. Fowler has been around with the puma spornships,. Im a hedger. A had had hedger. Got it. A family for mission, that will be michigan. There you go. Goes on vacation in canada. They end up with a 17,000 cell phone bill. Those roaming charges that get you every time, dont they . Full story next here at the Td Ameritrade trader group, they work all the time. Sup jj . Working hard . Working 24 7 on mobile trader, rated 1 trading app in the app store. It lets you trade stocks options, futures. Even advanced orders. And it offers more charts than a lot of the other competitors do in desktop. You work so late. I guess you dont see your family very much . I see them all the time. Did you finish your derivative pricing model, honey . For all the confidence you need. Td ameritrade. You got this. At least two dozen people were hurt, several homes destroyed in the town of van in texas, about 70 miles southeast of dallas. A tornado touched down there yesterday. Now, officials also say there are multiple fatalities. The exact number is still not known. Please take a look at this. A family from michigan unknowingly racked up 17,000 in roaming charges on a trip to canada. One of the kids was watching youtube videos just to pass the time. Heres what the said. They wanted to charge me 17,000, you know, i just think its insanity, were willing to pay what the actually rate would be, actual couple hundred dollars, but this is, like, buying a new car for a roaming charge. Now ashley, ive got two points to make. Yeah. There are two stories here. Yeah. First of all, the 17,000 in roaming charges, that is huge. Yeah. And secondly is invisible board. Yeah. I dont know if its a girl or boy. 11yearold boy. Go on vacation and all they do is watching youtube, must have been none stop. Yeah. Five hours, i think 17,000 for five hours. Are you kidding me . Yeah. And it was like, 11,000 in the first hour, and it linked into his fathers work cell phone and was clouded his data downloading. Oh. So thats what happened and the father goes to work and were, like, frank, we need to talk to you about your work bill. But the second point to make is that the kid is on vacation and theyre down there and thats the world we live in now. Im just convinced you go to the grand canyon its amazing, and i bet you see kids doing this. Yeah. And probably in disneyland people are bumping into mickey because theyre not looking up. You sound like you dont approve. My kid who plays video games says she knows what rome looks like. I get it, but life is going by, and it goes by in a heartbeat anyway, so look up and look around. Did we ever find out who paid the 17,000 . The company or it was waived. At t just waived it. They did. Smart move. All right. Waived. Illinois facing a massive budget crisis, and its on the blank, that constituent. Because of pension obligations. The union well, i could say theyre holding the state hostage. Heres the question. Is bankruptcy an option for a state . Is it . Im not sure but the judge knows. Here he comes. Watch out. Hes got that look on his face. Monday morning face. Oh, yeah. Its more than a network and the cloud. Its reliable uptime. And multilayered security. Its how you stay connected to each other and to your customers. With centurylink you get advanced technology solutions, including an industry leading broadband network, and cloud and hosting services all with dedicated responsive support. With centurylink as your trusted Technology Partner youre free to focus on growing your business. Centurylink. Your link to whats next. Stuart we call it the land of reddington but the state of finances there is not a joke, the governor is talk bankruptcy. The judge is here. A state cannot declare bankruptcy, can it . Well, this would not be the state of illinois declaring itself bankrupt, that would have catastrophic financial consequences. Stuart yes, it would. This is a single pension fund, or maybe theres more than one pension fund that would be declared in bankruptcy. So basically, the haircut so to speak, that the pensioners would take would not be dictated by their elected representatives in springfield, illinois, it would be dictated by one federal judge probably sitting in chicago, and that judge would make all the decisions. Stuart however i think its the Supreme Court of michigan has said thats a contract, and youve got to live up to it. You must. Supreme court of illinois. Stuart im sorry, yes. So could the bankruptcy judge say it was a contract, and youve got to do something in illinois to make good all this money . Yes yes, great question. Bankruptcy judges have the authority, essentially, to interfere with contracts even in ways that state governments cant. So a bankruptcy judge should say i find and declare after looking at all of the money thats available and looking at the pension commitments, it is impossible for you, the state of illinois, to provide for the health, safety, welfare and morality of the people in illinois and still comply with these pension benefits. So im going to declare the pension fund bankrupt, and ill decide what you will pay them. Or he could say, you know what . You have to pay them find the money. He cant order them to raise they never said he did it, they said theres probably a good chance he knew about it. That would not wash in the courts. But it washes with the nfl. Private entities like fox, can discipline on the basis of probabilities not on the basis of certainties. Theres no requirement of proof beyond a reasonable doubt. If Roger Goodell wants to shore up this game, major assaults on its integrity will be deflected stuart i hope im never in a court before you [laughter] because im a dead man. You know what it would cost tom . Stuart what . It would cost him probably about 25 million. Stuart are you on first name terms with tom . No, no, not after this. [laughter] stuart you hold on right there. All right. Stuart cubas president raul castro, says he may join the Catholic Church after meeting with pope francis. On the phone father jonathan morris. Father, i am reminded of the story of the prodigal son. This looks like the prodigal son raul castro returns to the fold. What say you . Thats right. And what we do know is that he had a 55minute interview or meeting with pope francis. That is a very long time in comparison to other meetings with heads of state. Also interesting, stuart, was that it was a meeting just between the two of them. There was nobody else in the room. The secretary of state from the vatican was not there, no other leaders from the cuban government. So certainly, it was a very personal meeting. Now, does that mean the pope should just say, you know, were going to talk about you coming back to the church and not talk about some of the atrocities done against the people of cuba by raul and his brother, fidel . No. And im quite confident that pope francis would have talked about those things as well. Stuart but you know, we often say, we often think that the holy father has tilted left in his politics, and maybe this is some indication that yes hes tilted left in his politics. He has great sympathy for the left. What say you on that . Well, you know hes not a politician, first and foremost. Hes a pastor. So just as i would have a meeting with anyone in my church stuart i be, father but, father, hes playing a political role if he brings back a communist into the church fold.

© 2025 Vimarsana