and cisco that glaringly call for analysis. if you saw the action in walmart today, down $2.30. you might have thought that it just blew up and missed the numbers by a mile and gave a miserable outlook. no, not at all. walmart beat the estimates nicely, guided higher. exactly what you would expect from the biggest retailer in the world, and that's what went wrong in a nutshell. walmart did precisely what it was supposed to do. didn't blow away the numbers. didn't issue a monster guide up that knocked your socks off. given that walmart rallied 20% for the year and has been the hottest major stock in retail, it had to do a heck of a lot more than exactly what it was supposed to do. in other words, the, quote, better than expected numbers were precisely what everyone was expecting. in that sense it was extremely disappointing to the walmart bulls. hence the extremely disappointing performance of its stock. cisco, on the other hand, which i'll have more to say about later in the show, delivered pretty much the same kind of positive results and commentary that walmart did, yet it vaulted

that could change the tone for tomorrow is coming up as we get earnings from cisco and we'll hear from john chambers as we get under way with the second hour of "closing bell" with maria bartiromo, i'll see you tomorrow. >> and it is 4:00 on wall street, do you know where your money is? i'm maria bartiromo. the market is stuck in neutral for an eighth straight session since last month. it's traded around 80 points. is this the dog day ls of summer or the summer rally out of steam. sis doe due out any moment now, they will offer the fiscal impact. who better to talk about the earnings than john chambers who will join me moan tearly. look at how we're finishing the day on wall street. a slow day in terms of volume. the dow jones down about 8 points today is where things are settling out. the nasdaq was strong, technology and the lip group on the up side. they finished at 3,030. investors got their share of solid economic data but it did not spark a rally. is any life in the economy wiped out in anticipation for the fed action. brian, good to have you on the program, thank you for jo

. but i don't think so. i'm talking about cisco. the giant networking company i have criticized mercilessly for short-arming the ball over and over again. but last week, the alligator-armed cisco finally reported a spectacular quarter without dropping the ball. right in traffic. which is why i believe they can get back on track. think of it like deshawn jackson of my troubled but still loveable eagles. he was confused, a tad knuckleheaded and lost. now he's a good fantasy football draft pick who nobody believes in. same with cisco. in fact, this company is starting to feel like the cisco of old to me. the cisco that made people fortunes during the '90s tech boom. the cisco that took it to the giants of networking. it's taking share left and right. great punt returner against the giants. meanwhile, the company's main markets are rebounding. enterprise spending is on the upswing. data centers are buying network equipment like crazy. up 90% year after year. even the telco carriers are upgrading. plus, cisco talked about strength all over the world, including china. there's not enou

this. we're going to talk with the ceo of cisco in terms of that comment about adding heads to the payroll. let's get to nathan backrack, and rick santelli. michael, are you buying this uncertainty argument? >> i certainly do think that uncertainty does play a role when you're looking at with the empire number. it does give us some pause here. when i travel in, you know, sometimes talk to clients that own small or medium size business, they're telling me that they're business is just fine, and they want to hire somebody, but they're uncertain whether or not they should given the upcoming election, given the potential for the fiscal cliff and the ramifications for that and what it may or may not be. so i do believe there is uncertainty that's affecting this market, it's not the only factor, but there are clearly issues there. >> nathan, yesterday, we talked about if i'm a ceo right now, and there is a fiscal cliff and global slow down, you would continue to sit on a pile of cash and not create more jobs. is that what you think? >> yes, and of course. take yesterday's numbers on reta

tech belwether cisco systems: better than expected quarterly earnings, a big dividend hike, and the stock rallies in after hours trading. consumer prices hold steady, with little inflation in july, we look at what could change that picture. then, on the road again, with america's school children heading back-to-school, we look at the big business of busing. that and more tonight on "n.b.r."! >> susie: inflation remains a "no-show" for the u.s. economy. despite escalating concerns about the effects of the drought, retail prices barely budged in july. for the second straight month, the consumer price index was unchanged. core c.p.i., which takes out food and energy costs, edged up only 0.10%, the smallest increase since february. suzanne pratt takes a look at whether inflation is a likely to remain tame. >> reporter: at this fruit and vegetable market in new york city, prices this summer have been pretty stable. little evidence of the drought that's been destroying crops in the midwest, and virtually no sign of inflation. thanks to a wet, hot summer on the east coast, local produce is

me. she is the chief technology and strategy officer for cisco and formerly the chief engineer. she is a real scientist. one of the stories i can tell you to confirm that took place almost 20 years ago now when padma sent her wonderful husband, a former boarding school roommate of argent, to the grocery store to get a pregnancy test because she thought she was pregnant. he dutifully went off and came back with the pregnancy test. she took the test and she was positive. most of us would start celebrating, but not padma. to her, nothing can be the truth unless it can be replicated so she sent him back to the store. so she got her wonderful child who is now 19 pin tell us very briefly -- who is now 19. tell us very briefly what is cisco. >> it deals with the equipment that makes the internet run. it is the backbone of the internet, the physical infrastructure that you don't see behind every time you see in -- you send a message or a tweet. it is a global company with about 50,000 to 60,000 employees on a worldwide basis, including our partners. about $40 billion in revenue. my job is t

port of santa cisco has limited cargo, but it is very diverse. -- the port of san francisco has limited cargo, but it is very diverse, fishing industry, tugboats, ship repair, cargo, and a couple of others. as we redevelop the waterfront, we are integrating all of those individual uses into new development. you mentioned one and a half, the boat dock. we are working on a terminal facility, pier 27, always looking to integrate those in. unfortunately, those all need money, so we have to look at revenue-generating sources. >> are you limit it to maritime uses? >> there are other uses. we are state land, not city property. the state land has a lot of uses. the office has to be maritime- related, unless it is an historic building. our facilities have to be for the people of the state of california. they have to enhance that visit there. they're not local surfing. we cannot do any residential on the waterfront and we cannot do any hotels over the waterfront. there is property on the embarcadero for that. >> somebody told me there were 11 different agencies, probably more that regulat

after a steep climb this year? >> a massive dividend hike, sending cisco shares higher, the company sounding more optimistic, but does it focus on capital returns signal slowing growth? >> today is the day facebook's first lockup expiration is here, potentially sending 10% of its hope to the market. we are tracking the fb trade. >> and a microphone always helps me. appletv, more than a settop box? we'll have the latest. >>> let's start off with walmart. at the dow component offering beating the street by a penny, revenues coming in a by shy of analyst estimates. the retail giant also raising full-year earning guidance main be below. jim, this is a case of emh kind of quarter, but the stock had run up prior to the quarter, so we have a 2.5% decline. >> if the stock had been at 70, 69, people might say happy days are here again. it's just that when this stock has had such a run, it's got to blow out. i was thinking what number would walmart have to do? revenues blow out, and they couldn't do that, but they delivered, and they delivered and now there's a pause. i think under 70 people

more in july which could jeopardize the 10% annual trade target. >> cisco reports better than expected earnings. the ceo is more upbeat about u.s. and asia but cautious on europe. >> samsung ratchets up its tech wars. u.s. judge calls for peace in the bitter patent dispute between the korean tech giant and apple. >>> and brazil unveils a $66 billion stimulus plan seeking investment in its highways, railways and other areas of infrastructure in hopes to revive its flagging economy. >>> okay. welcome to today's program. u.s. -- u.s. -- >> america. >> is this a head fake with this economic data? >> better tone. i'll tell you what to watch. jobless claims, 8:30 a.m. this morning. they have been holding in there, showing the market is holding up. if they flag that's when we get nervous. >> big thing. we look at gold and what the dollar is doing. >> look at what's happening with the treasury market. it's remarkable. >> exactly. >> yeah. >> remarkable in the context of where -- >> context of 1.4%. >> coming up also today's show, rising china gives a boost. >> samsung unveils its latest tablet

missed have really been punished but we saw from cisco tonight is i would argue a company that's behaved like a utility starts to give something back, in other words, shows that corporate america is starting to rethink the whole game plan, but a 50-basis point move in the ten-year is a very impressive event because i think it's come on the back of growth and i think it's come on the back of easing of the global, you know, risk fears, and i think it's very positive. major, major resistance levels in the number of indices, those we consolidated around for a week and those we look like we pushed above. don't go after the same thing. rotation is on, and i think you're seeing it. >> take a look at the bottom half of the graph, showed you some of the sectors trading at a premium of the historical averages but a part of the averages where they are trading below their historic averages, technology and materials, trading below, so is the rotation beyond for investors? >> i don't think a full rotation is on currently, and the ultimate question is the world is absent of growth. where are you going

going forward. >> brian, steve cortez, i want to ask about another stock going forward, cisco. with apple getting so much attention cisco having a better august, actually outperformed apple. cisco was outperforming. what do you think of cisco from here? can he hold gains, fairly priced? what should investors be doing with cisco? >> i think there's growth opportunities better elsewhere. if you think about cisco, a company with 75% of market share, switching, growing low- to mid-single digit. there's not much of a growth market opportunity at cisco. therefore i think the focus is transitioning more to capital application, how they basically monetize and lever their balance sheet. now we're seeing the country my great to that. in tech that's a challenging proposition over the long hall. i think investors will be better suited to look elsewhere for the long hall for returns. >> brian, quickly, chances of a stock split with apple. >> i think it's slim. my guess, 20% if i had to throw up an under-over. >> why so small? >> the company likes the larger stock price. obviously it minimizes vo

approved legislation to increase fines. is there for cisco fund raising numbers for next month's grace it our way down. organizers believe it was related to the organization's plan to cut funds because of their stand in abortion which was immediately reinstated. >>> i will say people who are traditionally register in august and september, our registration numbers are way down. >>> the president will lead the organize organization next montr one of their leaders step down. >>> without it right now serve as cisco is that the price points are getting that of people's reach. they're looking at people across the bay to come in, work and play. >>> with the price of 307 $9,000, there are a lot more affordable than here in san francisco. >>> it is 453, beat the heat with a little bit of music. pictures keep getting better and better. just >>> 456, new data is forcing scientists to the fire destroyed hundreds of homes, burning 3,000 a.. one of lake tahoe's oldest homes is hitting the market. the asking price is $70 million. the house was built back in 1939. it is complete with your very o

. the euro back below 1.23. >> today's road map starts off with cisco, upgraded by not one but two firms saying the fundamentals are trending positive. >> cpi up one-eighth. the slowest in two years. does china have more room to cut? shanghai at a three-week high. >> zinga's chief operating officer is out. can any management shake-up actually keep the company's products from just being a fad. >> and marissa meyer putting her stamp on yahoo!. we look at some of the companies she's reportedly expressed interest in big. >> we have to kick off with cisco. the shares are up by 3% in p premarket trading. it was added to the conviction buy list by goldman sachs. specifically they mentioned channel checks, i.t. survey and they say that north american enterprises is much better than had been expected. >> looks like the tellcos, at&t, verizon going to start to spend. these calls are interesting and similar. you're doing this ahead of a quarter where you have to believe that ceo chambers is going to speak downbeat about the economy in the world. he has killed his own stock many times. the execution

separate cisco. they have for 20 something professionals. but over 100 years ago, this was the marina district for it home to two manufacturing gas plants. >>> they also produced by products, some that we're all marketable and that some that were not. >>> the message row impacts come in the residual of spent cole and hydro carbons. jessica's apartment sits right on top of the old plan. >>> i would definitely be concerned about him putting his hands in the soil. i also have two dogs and i'm definitely concerned about the two dogs. >>> they're asking for volunteers in the area to relocate so that they can't come in and remove the toxic particles there could be all sorts of things everywhere that have transformed and changed. >>> as for a budget on this project, a pg&e says they're willing to do whatever it takes to clean it up. >>> a higher number of americans are played with a higher number of medical problems. we crammed a lot of over the counter products into your medicine cabinet. >>> for a sprained ankle the choose to keep our eyes? >>> the key to it relaxes the nerves that fire pa

found on interstate 580 and highway 4. >>darya: a story we are falling and stiffens cisco deals with a man that was caused with it in a shooting last night. this is and the 3000 block of san bruno ave and san francisco. there was another shooting on monday. let's go live to will tran. >>will: well darya because there have been multiple shootings that least apartment a looking into the possibility that this is a gang related. here's what they had to say. they believe this was an ambush. yet a it happened at 10:00 last night. according to the ant, the can get a piece that saw my uncle coming home stepped outside the gates to read him her and someone to jump out of the bushes and shot them pin we do know that the man was 26 years old. we do not know much about the suspects. we fled on foot a short distance and then jumped into a white ford car. >>darya: i told about the other shooting that happen. in the medical examiner's office is that has identified the two men. they were a 27 year old and 25 your old man river killed about one 15th. both men have been identified as being involved in

east shore. east 70 for downtown 7 cisco-7 cisco san francisco in will start to cool down to mark. a report of a stall in the west bound direction near the high rise. look what and that -- look what it has done to the ride here. look what has happened. it is backed up all the way to the toll plaza. i do not think that we will see as that of a ride today but right now you need to pick a different bridge pin. i would picks the dumbarton bridge or the bay bridge. the rest of the bay area is not too bad. the drive time is 16-80 minutes from hercules to berkeley. it is starting to slow on 280 north bound. the north bay ride still has only a slight delay is 26 minutes heading from nevada to the golden gate bridge. i will update you frequently. >>darya: the park district is warning swimmers not to swallow the water. kron 4 jackie sizzle is there life out. the-and it is their life. and >>jackie: on hot days a lot of people are going to be coming out here. this is that shadow cliffs lake. they took a bacteria tests and the results were a little bit too high said they pose to the advisories. t

the cisco intelligent network they're able to serve up live video, and instant replays, creating fans from berlin to beijing. what can we help you build? nice shot kid. the nba around the world built by the only company that could. cisco. >>> a potential new crisis from isaac, there is a dam at a 700-acre lake in mississippi that is about to fail. now, authorities in mississippi and louisiana have ordered evacuations along that river and the dam has not breached, but it is badly damaged. if it breaks, it could put 50,000 to 60,000 people in danger, and people are also ordered out of harm's way west of new orleans in st. john parish, and authorities say that up to 3,000 people have been evacuated or rescued. and national guard troops are going house to house in plaquemines parish to make shur that nobody has been left behind. isaac is proven deadly, because authorities in mississippi say that a tow truck driver was killed by a fallen tree. >>> the wetlands along the louisiana coast helped to slow the hurricanes before they reach the population, but the wetlans are disappearing in an al

talk about apple. >> we will. >> you want to talk about cisco first. >> let meadow cisco. ate stock that was almost $30 in the last 18 months or so. followed pretty closely. and chamb and chambers said a couple of disappointing things and company lost its weight. it will be up today but still only back to 18. closed at 17.35. up a dollar. company is taking advantage of a slow summer afternoon. made a splash with its fiscal fourth quarter results. it earned a 56% jump in profits. and revenue was up 4%. both above expectations. announced a 75% boost to, of its dividend to 14 cents a share. so let's see. that will be -- it's yield is 1.8% yield or now. so that does take it up to where somewhat attractive in terms of acyield stock and more mature company. it just started paying a dividend last year and ceo john chambers talked about the dividend hike on the "closing bell". >> once you start adding dividends our thoughts would be you continue to increase them over time. in terms of tax policy it absolutely has an effect on how much the dividends would be but it also has to affect how muc

those top 20, maybe top 50 companies, i think it was impressive. i know we talk about cisco in a minute. that speaks, again, to where do people think the money is made? it's made in solid companies. they trade at very, very great valuations right now. many have a dividend yield. if there is any economic growth, steve, these are the names to prosper. >> let's all abe clear as well. it's not like earnings are a barn burner. >> did you wake up cynical? >> i'm just looking at the facts. >> lay it out for us. it's all drawighi or the fed. >> it's an essential bank rally. right? my traders tell you what they think it is. >> to pete's point, eps has been great, disney is a great example. today no benefit today because the stock is d. some has to do with china. a lot of people think china stands at the ready. a lot of people are putting a lot of faith in that and they're right to. clearly, europe has calmed down. i don't think there is a good solution there, but perhaps there is a solution. so i think a lot of people putting a lot of hope into the fact that the u.s. has up turned the corner. i'

on the cisco intelligent network they're able to serve up live video, and instant replays, creating fans from berlin to beijing. what can we help you build? nice shot kid. the nba around the world built by the only company that could. cisco. music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. >>> hurricane isaac is lashing new orleans right now. it is impossible to ignore this is all happening on an eerie anniversary. the seventh anniversary of hurricane katrina. it's today. it's like adding salt to a very deep wound. this is what people have been dealing with for hours now. making matters worse, isaac is moving so painfully slowly, about 6 miles per hour and just dumping and dumping and dumping its rain. the big concern there for flooding. the big question there for the levees. will they be able to hold this time? this is the first real test for new orleans since the levees failed during katrina. it's something we will never forge

its perch. >> apple may get involved in the cable tv business. we'll look at cisco coming up. good morning! wow. want to start the day with something heart healthy and delicious? you're a talking bee... honey nut cheerios has whole grain oats that can help lower cholesterol. and it tastes good? sure does! right... ♪ wow. delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? be happy. be healthy. excuse us, while we change into something more comfortable. cool. introducing, the square sunnyd bottle. >> 5:52 right now. we are here to tell you a hawk in the south bay right now recovering after encountering bad luck on a tree branch. >> look at the video from the director of wild rescue helped capture the bird. the red hawk stuck on a tree branch 30 feet high. when the rescuer managed to get to it he discovered the bird's leg was caught in the crook of two of the branches. >> hate when that happens. >> the hawk was malnourished, likely stuck for days but happy to say now recovering at an animal hospital. >> always hap

on the cisco intelligent network they're able to serve up live video, and instant replays, creating fans from berlin to beijing. what can we help you build? nice shot kid. the nba around the world built by the only company that could. cisco. homicide of young people in america has an impact on all of us. how can we save these young people's lives? as a police chief, i have an opportunity to affect what happens in a major city. if you want to make a difference, you have to have the right education. university of phoenix opened the door. my name is james craig, i am committed to making a difference, and i am a phoenix. visit phoenix.edu to find the program that's right for you. enroll now. >>> protesters in chinese overturned cars and it is a long fight over an island chain that both countries say is theirs. you can see them turning over cars there and protests broke out across china after a group of japan land ed on the dispute island yesterday. of course, there is an economic issue at stake here, and the country who controls the island gets the oil, the mineral and the fishing right

information on comcast's for 193. >>vicki: the breast cancer challenge in 7 cisco braises money that goes to help patients you can afford treatment. >> this was named after a reporter on channel 2. she was a wonderful woman. but she was diagnosed with breast cancers she decided that she wanted to put together an organization that raises money for low and come patients. >> french dining this cannot have to cost you a pretty penny. there is a restaurant that has french comfort food at reasonable prices. we will show you coming up. of >>vicki: and if we're quite to sample some french and down-home cuisine. >> this is the brain the restaurant if let's check it out. they say that david alexander is france's favorite friend nine french- speaking son. >> base server snails or escargot. they serve muscles. >> i fell love with muscles the first time i went to france. >> a cheeseburger and with a french twist, cream cheese. they also serve a nice french red wine pin >> as you can have a cheeseburger and a nice glass of red wine pin >> if you want to learn more about this, go to our web site pin >>

and also keeping with the consumer theme or i want to turn to cisco, a reason of seeing strength in the nasdaq an i guess a smaller loss in the dow because it's a dow component. benefiting from upgrade. on the other side within the dow, weakness in americanexpress. held a call yesterday and basically said that it saw a slowdown in some of the consumer spending and putting pressure on the stock and then the other credit card companies under pressure because first data said consumer spending rose by 5.7% in july, slowest nas a year and under pressure with some of the casino stocks with the exception of caesars. more news of the consumer pulling back. a decline of gambling revenue in nevada keeping the pressure on that group, today. pressure on the dow down 11. nasdaq with a slight gain. back did you. >> indeed. slight gains. sounds like you're working too hard. you need to rest your voice. thank you for that. rick santelli, would you look at the rates go on the 10-year? >> absolutely. wasn't that many weeks ago we had a record yield close of 1.38. now over 30 basis points later flirte

out. we have onion soup. we could call david alexander 7 cisco is favored non steps french speaking chef rick this is a classic french bistro. they have crepes and muscles. not to mention french onion soup. and a cheese burger with a french twist, cream cheese. they also serve a nice french red wine. >> at you can have a airtran and a nice glass of burke bordeaux and will not break the bank. -- you can have a hamburger and a nice glass of french porto and not break the bank. >> a woman suspected her husband cheating honor found something in the back yard. >> stanley roberts was also talk about people being a badly. >> [ laughter ] [ girl ] wow. you guys have it easy. i wish i had u-verse when i was your age. in my day, we didn't have these fancy wireless receivers. blah, blah, blah. if i had a sleepover, i couldn't just move the tv into the playroom. no, we had to watch movies in the den because that's where the tv outlet was. and if dad was snoring on the couch, we muscled through it. is she for real? your generation has it made. [ male announcer ] the wireless receiver. only from

, coming up, cisco drives, a bank scandal widens, and a nike t-shirt that has critics up in arms. your early morning business headlines are straight ahead. >>> plus, the fur flies as lady gaga fires back at animal rights group peta. >>> perfection in see aelt, a giant suspension and a historic win for usa soccer. you're watching "early today." >>> good morning and welcome back to early today. i'm lynn berry, and here are some of your top headlines this morning. a security guard is in stable condition after being wounded in the arm. police say the gunman made negative comments about the christian organization's work. >>> the may or f dallas has declared the west nile virus outbreak to be a state of emergency after more than ten deaths have been reported. >>> the huds of engd's queen elizabeth prince philip is back in the hospital for a bladder infection. the 91-year-old is expected to remain hospitalized for several days. >>> the u.s. air force has confirmed the launch failure of the x-51a wave rider aircraft which is intended to fly more than five times the speed of sound. after being

to historic lows in recent weeks. now, let's switch from retail to some other sector movers. cisco systems was the biggest gainer in the dow today, up nearly 10%. as we reported last night, the networking company reported better than expected sales and profits, and a big dividend hike. cisco's upbeat comments helped lift shares of other networking stocks like f-5 networks, riverbed technology, and alcatel-lucent. all jumped more than 4%. home-building stocks also rallied today on that news that building permits surged in july. pulte group rose the most, but toll brothers, d.r. horton and lennar rose 3% or more. and finally, we see plus signs across the board for each of the most actively traded e.t.f.s. and that's tonight's "market focus." buy online or go to the store? that's a common question for parents and kids this back-to- school season. a new study shows that online saves time, but stores offer bigger savings. joining us with more, jordy leiser. he's c.e.o. of stella-service, the company that did the survey. >> jordy t was a very interesting survey. let's go down the specifi

industrial gainers today was cisco systems. the internet gear manufacturer got endorsements from two brokerages. shares gained 3.1% on heavy volume, taking shares to their highest price since the stiff sell-off in may after a disappointing earnings forecast. goldman sachs added shares to its conviction buy list. piper jaffray raised its rating and price target. the analysts were optimistic about cisco's competitive position. after the close tonight, yahoo was in focus. a regulatory filing disclosed a possible change in how it could use money from its sale of its chinese site, alibaba. the company originally said it would return most of the money to shareholders. after closing just above $16 per share. the stock sank more than 3.5% in after hours action, trading below $15.50 per share. the company has launched a business strategy review led by new c.e.o. marissa mayer. yahoo would get an estimated $4.2 billion profit from selling its stake in alibaba. also after the close, stronger than expected earnings from semiconductor maker n-vidia. the company continues profiting from its push i

revenue. >>> cisco, the largest maker of computer networking equipment jumped about 4.5%. that beat wall street expectations. cisco will raise quarterly dividends 75%. shares surged 10% thursday on the dow. that led wall street's rally. gained more than 85 points and the nasdaq was up 31 points. >>> wall street posted mixed results. the largest retailer reported a 5.7 increase in income. walmart stock fell 3% thursday when it said the economic slowdown here and abroad is hurting sales. >>> fewer americans are filing for unemployment benefits. the labor department said applications rose by just 2,000 last week to a seasonally adjusted 366,000. the number of people applying for weekly unemployment benefits declined in the past two months suggesting the economy may be rebounding. >>> a los angeles restaurant has come up with a way to bring a human touch to dining. it's offering customers a 5% discount when they leave their cell phone with the staff. now, the idea to get diners to have a face to face conversation rather than talking on the cell phone. about half of the customers have taken a

hong kong the hang seng rose 153. >>> well, strong earnings from cisco and some upbeat economic data stimulated stocks thursday. cisco's impressive earnings report and boost to its dividend put the tech leader at the top of the dow thursday with a 10% surge. also getting investor attention, the biggest jump in building permits in four years, which signals more economic activity down the road. >>> the housing report also helped push the price of crude higher for a third straight day. oil prices added more than a dollar to settle just below $96 a barrel. >>> but the day's gains were capped by weak earnings at walmart, which the world's largest retail chain blamed on americans living paycheck to paycheck. walmart sank 3%. facebook fell to a new low thursday, sliding 6% after the social network's early backers had their first chance to sell since its botched ipo three months ago. >>> sears said cost-cutting helped narrow its quarterly losses, but sales continue to spiral at the struggling retailer. >>> on the upside, petsmart climbed nearly 5%, thanks to better than expected earnings. >>

great shot. how did the nba become the hottest league on the planet? by building on the cisco intelligent network they're able to serve up live video, and instant replays, creating fans from berlin to beijing. what can we help you build? nice shot kid. the nba around the world built by the only company that could. cisco. exclusive to the military, and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank. with our award winning apps that allow you to transfer funds, pay bills or manage your finances anywhere, anytime. so that wherever your duty takes you, usaa bank goes with you. visit us online to learn what makes our bank so different. whose sons are going back to college. they need a new phone and you guys need a better plan. you want to see what walmart's got? [ family ] sure. let's go. walmart has the latest smart phones with the perfect plans to save you a lot of money. will you show them? with the family mobile plan, a family of four can save over $1,500 a year. [ family ] wow. w

cisco right now. we've more road work as well. the northbound lanes from 66 beer pretty close to the coliseum up towards for veiled will have one lane blocks. and nothing really to note with no delays for their part, at age train and ferry. >>> a chinese court suspended death sentence after finding her guilty of murder and the death of a buddhist man who was quite a disgraced communist leader. her punishment is likely to be a life sentence. >>> are rare public appearance for the fugitive founder of the whistle blower website which he leaks. he's been holed up in the ecuador and deceit in london. avoiding the extradition to sweden on sex crime allegations. he addressed a crowd of the balcony of the embassy lashing out at the nine states. >>> i ask president obama to do the right thing and the nine states must renounce its witch hunt against rookie leagues. >>> the official said that his asylum sentence is between the governments of great britain and ecuador and sweden. and also making of rare appearance is the syrian president. he's seen here on state television bring a mosque. markin

seng rose 153. >>> well, strong earnings from cisco and some upbeat economic data stimulated stocks thursday. cisco's impressive earnings report and boost to its dividend put the tech leader at the top of the dow thursday with a 10% surge. also getting investor attention, the biggest jump in building permits in four years, which signals more economic activity down the road. >>> the housing report also helped push the price of crude higher for a third straight day. oil prices added more than a dollar to sell just below $96 a barrel. >>> but the day's gains were capped by weak earnings at walmart, which the world's largest retail chain blamed on americans living paycheck to paycheck. walmart sank 3%. facebook fell to a new low thursday, sliding 6% after the social network's early backers had their first chance to sell since its botched ipo three months ago. >>> sears said cost-cutting helped narrow its quarterly losses, but sales continue to spiral at the struggling retailer. >>> on the upside, petsmart climbed nearly 5%, thanks to better than expected earnings. >>> the justice depart