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Help with project Properties

Other Parts Discussed in Thread: MSP430F5419

Hello I am new to TI microcontrollers and tools. 

I am currently using MSP430F5419 microcontroller and Code Composer Studio v 4. The problem i am facing is that when i create a new CCS project---> Project Right Click----> Properties---->> C/C++ build,   in that i am unable to see any active or configuration settings. It is showing blank. Can anyone throw some light on this?

Also, please explain what does the below lines of code do?

P4DIR |= 0x64; 


P6OUT &= ~BIT4;

Thank you

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