And the s p 500 close at records. And the nasdaq is now within 2 points of one. Why . Simple. Greece after weeks of posturing and brings man ship on both sides reached a temporary debt deal with euro zone creditors and thats where we begin tonight. Those creditors will extend greeces Loan Agreement for four months. Thats less than the six months greece had asked for but greece still has lots of work to do. By monday has to submit detailed measure of plans and set to expire at the end of the month at which point it would have soon run out of money. Michelle carusocabrera has more on the agreement. Shes been following the story for weeks and it is really the agreement that investors have been waiting for. Whats in it, how good a deal is it for both sides . They finally got a deal only after the greek government caved in on nearly all demands. They said they would never be monitored by European Partners in a program. Guess what . Theyll be monitored by the European Partners in a program. Despite that the greek finance minister tried to put a very positive spin on it today. We are leaving behind the days when a list of reforms that Greek Society treated as a foreign body was imposed, but not implemented because it was a foreign body. As of today, were beginning to be coauthors of our destiny, coauthors we want to implement which we are going to dictate, which we will discuss with our partners. Those list of reforms that said have to be submitted by monday. Heres the key question. The reforms that this government has wanted to do theyre socialist reforms. Theyre not the reforms that the rest of europe wanted. Thats the first test. That sounded like a lot of brave talk putting a face for a domestic greek audience on this deal. Thats for sure whats going to happen. Youll hear a lot set in greece trying to spin this into something positive but ultimately have to stick to a lot of things they didnt want to. If they do its important they get 10 billion euros roughly sitting there that should have been theirs in the past if only they stuck to previous reform commitments. 10 billion is a lot of money but in the context of a whole country with 200 plus billion dollars worth of debt its a drop in the bucket. Is it enough . Probably not. Already talk in europe once this program ends theyll probably have to come together and figure out if they have to give greece more money because the one thing greece got today was a little bit of leniency on how much of a Budget Surplus they have to have. The reason they were told to have a huge Budget Surplus is because they have to pay back their debt. If you tell them it can be smaller, it means theyre not paying back that debt. Somebody has to fill that gap. Will we be back here in four months . Yes. Short answer. Michelle carusocabrera thank you. Once announced, the deal reduces market uncertainty and eliminates the risk for now the greek leaving the euro zone. Finished at all time closing high. Its first of 2015. That number 18,140. The nasdaq gained 31 its eighth consecutive session higher and that is its highest level in 15 years and the s p 500 rose nearly 13 points also an alltime closing high. For the week all three major indexes up. The nasdaq gaining nearly 1. 5 . Well after a bumpy start to the year february has turned out to be a good month for stocks. A record setter in fact. But not just for the major averages. A closer look at market data reveals that february is on track to be a recordsetting month for companies raising dividends. So far, 144 companies in the russell 1,000 boosted dividends in the past 30 days. Here to explain why and favorite stocks for income is charlie boy brinscoy at aerial. Good to have you. Why so Many Companies raising dividends right now . Well because people cant get yields anywhere else. With Government BondInterest Rates at 2 and cds at 0 people are trying to find yields somewhere. So corporations are giving people what they want which is yield. Are they also acting perhaps, say, their Balance Sheets in better shape, nice profits but also are some of them trying to forestall the possibility that corporate activists would come in and say, hey, you need to return more capital investors, you cant accuse them of not returning capital . Thats a common refrain of activists. Youre right. People have been too conservative with the shareholders money. When you own stock in a money that cash your building as money, a lot of activists think demands have been hoarding the money sometimes making poor acquisitions with the money. Thats a common play book. Lets move to some of the areas that you think are really good income plays for equity investors. And i want to start with a couple of your stocks. One of them is ibm. Right. So ibm, if you noticed Warren Buffett just filed what hed been buying and he bought a lot more ibm. Ibm hasnt been growing at the rate we would like but now has a very attractive dividend yield. Theyre in the forefront of big data with their watson computers, so we think theyre very well positioned. This stock is extremely cheap, at less than 11 times earnings. A great Value Investment paying a high dividend. Lets talk about that. Sometimes the yield goes up because the stock price is coming down. And thats whats been happening to ibm. So is there call it an accidental high yielder. Thats right. So what happens then is that yo 2 yield or 3 whatever it is it becomes a 3 or 4 yield is wiped out by the loss in capital. How do i choose wisely to avoid those . Well you try to buy stocks that arent going to go down by 20 . Look ibm has been a wonderful stock for the last ten years. It was at 70 seven years ago and it went e way to 200. It did very well. It clearly hit a bit of a bump as they did not make earnings that management indicated. Thought theyd be making 20 a share and more like 17. Clearly has hit a bump. The stocks come down making the dividend yield go up. Right now trading 11 times earnings even if it wasnt paying a great dividend wed be recommending the stock. Mr. Buffet right there with you, charlie. Quick thoughts on other dividend picks. Stanley blacken decker Western Union and lockheed. Stanley blackendecker, in the housing play stubbornly a million homes a year. We should be at 1. 5 million. Thats the historic rate weve been at for 30 or 40 years and we havent gotten back to that rate yet but now at a point where buying a home is more attractive than renting, and so stanley, which makes a lot of tools, tool sales go up. They sell to individual homeowners and to construction workers. So we think stanley stock is still relatively cheap doing well and has a great dividend yield. Western union, people think its a telegraph payment. Its not that. Its a Payments Company. Its a Payments Company across border Payments Company. Sending money to mexico or going to russia and sending money back to the philippines. There is more traffic crash going across borders than any other time. Thats a growth business. Western union stock has been recovering. Its had a very nice run here but now has an attractive dividend yield at 3 . Quickly on lockheed . Lockheed is building the f35 fighter jet that all the major branches of the Armed Services are going to use. It really is very easy to predict their profits over the next 5 or 6 years. Again, trading at a very reasonable price. Wed be recommending it without the great dividend yield but it has a spectacular dividend yield. Ibm, stanley blackendecker, lockheed. Thank you. Oil prices finished the day lower. Third straight losing session. Crude supplies continuing to mount. Rig counts declined this week making it 11 straight weeks of decreases on that number. West texas crude off 82 cents to 52. 34. Brent up a penny at 60. 22. It was Natural Gas Prices up 4 on below normal temperatures. How about below zero temperatures in much of the eastern part of the country . As of this evening, no agreement between dock workers shippers out west on the west coast ports despite an earlier report to the contrary. Tom perez gave both sides of the deadline today to end the month long labor dispute or take the discussions back to washington. Go back to the principals office. As jane wells reports, deal or no deal things wont get back to normal anytime soon. Reporter talks did continue today, but there was no deal as far as we know. Despite weeks of negotiations by secretary tom perez and come to this. Bb t Capital Markets claim kfc flies chicken wings to china. Flying them and auto makers paying to charter importers from asia to here. Fuji paying extra 6 million for air freight according to bb t. Bed, bath and beyond with a growing line of retailers saying sales may take a hit because of the warehouses and stores. Another company taking a hit. Master craft in oregon manufactures upholstered furniture. Thats a problem to continue to ripple through the business no matter when a deal is reached. We lost business starting right in january. We ran out of Raw Materials and master craft had to lay 180 people off for 2. 5 weeks in january. The fact is that we are working probably three days a week. Which has put a real crimp in the paycheck. We work paycheck to paycheck. If no deal the labor secretary reportedly told both sides they must come to washington to continue talks next week. Its not clear why they cant talk through the weekend though. Also an important element we do not know yet. Will employers, the Pacific Maritime association, stop all work loading and unloading ships for another weekend because it costs extra to do so . And they say theres no point. The decision as far as we know has not yet been made. For nightly business report, im jane wells in los angeles. Ever wonder how suspicious trades are detected . We will take you inside the nasdaqs secret surveillance room where no reporter has been before until now. Government will grant an extension to sign up for a health plan under the Affordable Care act. Less than a week after the original enrollment deadline passed. Americans face a penalty for not having Health Insurance this year. This extension, which runs until april 30th gives those people more time to buy insurance and avoid that penalty. Officials also said that irs forms sent to about 800,000 tax filers contained Health Insurance subsidy errors. Well federal regulators will begin to fine japanese air bag maker takata 14,000 a day for failing to fully cooperate with an investigation into its faulty air bag inflaters. Takata has been slow to respond to government demands for information on the air bags. Which can explode with too much force and send shrapnel flying to drivers and passengers. The nasdaqs secret surveillance room where fraudulent activity is located. No reporter been given access until now. Eamon javers went to see how it is detected and what happens once it is. Reporter nasdaq never allowed cameras into the secure market watch surveillance security before but opened their doors to us exclusively how they patrol for suspicious trading. Nasdaq process 4 billion messages in this maryland facility with computer algorithms with 35,000 parameters in realtime sending alerts to human analysts within two seconds of an usual trade. Monitor twitter and realtime news events and running back trading ahead of announcements to watch for patterns of Insider Trading and conduct background searches into the personal histories of executives of Public Companies looking for people with history of fraud or impropriety. We look for abnormal behavior indicating Insider Trading or manipulation of the market. We investigate that and if we feel it needs to be further investigated we refer to the s. E. C. For further work. Reporter last week nasdaq spotted 766 incidents so serious, they forwarded them to federal regulators for further investigation and say over the past three years, 112 cases resulted in fines and penalties. And many of those began right here in this room. For now, they can only see some trading that happens on the other exchanges globally, the technology they say is right around the corner to give access to trades in many more parts of the financial system. For nightly business report, im eamon javers in rockville, maryland. Well farmers are buying less equipment and that is weighing on john deere and that is where we begin tonights market focus. The tractor maker lowered Sales Outlook predicting the stronger dollar hurts sales already suffering from a slump in machine demand. This is declines in cuts in tax incentives make farmers less inclined to buy new gear. Despite the warning, results did top estimates and thats one reason why. Shares up to 93. 43. Ann said in a regulatory filing that it was reviewing its strategic options. Shares popped almost 5 to 36. 76. Oil and gas slashed Capital Budget to cut back production plans for the year amid tumbling energy prices. The company also swung to a loss in the Fourth Quarter. Still, the stock was up more than 1 to 28. 06 today. Rough day for shares of rocket fuel. The digital ad company loss widened sharply in the Fourth Quarter as costs surge that offset higher revenues. Shares plunged almost 27 to 10. 82. Call it the new industrial revolution. Billions of dollars spent on making big machines like Wind Turbines and oil and gas more efficient. The potential for change huge not just manufacturers but the way we work and live. Morgan brennan has more. So go like this pull up a menu. Reporter its called the industrial internet of things or simply the industrial internet. Its about helping operators do what they do already in a better way. Reporter the concept, making big machines smarter through the adoption of smarter and big data analytics. In the energy space, quite clear. If i can get to total efficiency theres so much upside in what they have that, you know, small gains are big numbers. Reporter take this wind turbine. Its equipped with sensors connected to software that uses realtime to generate 5 to 10 more power in turn for a wind farm can boost profitability by 20 . Ge has developed an operating system that posts dozens of applications catering to a spectrum of industries. Theres an app that tracks oil and Gas Pipelines to prevent possible leaks and make factory inspections easier and faster. All with the potential to save businesses billions of dollars in down time. If you think about the internet of things there are about 50 billion things that are going to come online in the next coming years and all of those assets all of those machines people interact with them in some way. So its going to be enormous. Reporter right now, the industrial internet of things is in infant stages but notes it could reach 500 billion by 2020. With larger Global Economic impact in the trillions of dollars by 2030. Analysts say the possibilities will be endless. Not just for ge. In a way, they see the internet of things as a way to save their businesses from commodityization and competition. Reporter ge has partnerships with at t soft bank, intel and cystisco to name a few but Rockwell Automation emerson and honeywell have been allocating resources as well. Cyber security a primary issue and the not yet known effects that automation could have on the labor market and Companies Like ge the challenge of monetization. So this new technology doesnt just become another cost of doing business in the internet age. For nightly business report, im Morgan Brennan in san ramone california. As the nasdaq approaches 5,000, our market monitor said some of the biggest names in technology are retractive right now. Hes jordan pozner, senior port yoel folio. People dont typically think Technology Stocks as value plays, but you go bottoms up. You look at individual companies, their Balance Sheets their income statements. And their stock prices and you found some in Technology Beginning with ze man tech. They have a good solid business in i. T. Security and data storage, very positive fundamental growth still attached to them. The company decided they can actually generate some value by breaking two businesses into two separate companies. We think that will actually unlock some value. The companies been improving operating performance and continuing to improve going forward. Stock is relatively inexpensive at around 13 times next years earnings. Pays a nice dividend yield of about 2. 3 . And we think that stock is probably worth closer to 30 in the Current Trading price in the mid 20s. Because you mentioned theyre going to split the company into two parts, it coincides with one of the other themes. Sort of the appeal of internal restructurings if you do it inside it can achieve the same goals. Second choice is microsoft. Microsoft has been under some external pressure from some external shareholders but the big Management Change there a year ago, satch and na dell has made a lot of improvement there. Everybody knows what microsoft is but dont really realize that the Enterprise Business which is continuing to be very, very strong is really the crux of the business. And microsoft is actually leading a lot of the move to the cloud. On a valuation basis, the stock is cheap at 14. 5 times next years earnings. Pays a nice dividend. We think the stock is dramatically undervalued because of pause that happened in the december quarter earnings. We think that will resume and we think the stock is actually better valued probably at 53 a share. Lets move on to number three which would be kwaul come. A dominant chip for mobile devices. The space everybody wants to be in but over the past year the stock is down. Why do you like it now . Weve liked it for a while. Kwaulcoms had issue with an antitrust investigation that settled at a lower cost than was expected giby the market well within their ability to pay. The company throws a tremendous amount of cash, dominant and will remain strong. On the Balance Sheet today, it has 19 a share in cash which is more than a quarter of the stocks value. Throws off the dividend of about 2. 4 . Trades if you adjust for the cash at ten times this years earnings we think the stock should trade above 90. Jordan thank you very much. Great analysis of three very interesting companies. Jordan pozner with matrix asset advisors. The big money behind hollywoods biggest night. The big business of hollywood will be on display at this Sundays Academy awards. But behind all the glitz and glamour, theres real money at stake. Julia boorstin takes a look at what an oscar is really worth and whether the race for that coveted statue is actually a losing business. Reporter with front runners boy hood and birdman grossing 25 million and 36 million respectively this year could have a massive impact. The smaller the Box Office Performance of a nominated film the bigger its boost from oscar attention. Best picture winners gross nearly 14 million more at the box office after winning than fellow nominees. Thats according to an ibiz world studies from 2009 to 2013 but even the losers cash in. Oscar nominated films remain in theaters on average about twice as long. And oscar attention can boost home rentals as well. I think the immediacy of the online component will give some of these films that are now available on demand a bump literally on oscar night. Reporter this years nominees are the lowest grossing group since the academy expanded the number of films that could be nominated to 10 back in 2009. An effort to include more Box Office Hits and draw more viewers to the telecast. Military age male. Reporter with one film thats been a really big hit, american sniper this years telecast could suffer lower raltings when four films topped 100 million at the u. S. Box office. A lot of people say, why arent there more block busters in the mix for best picture and i could argue, its not the box office awards. Its what are the best movies in that particular year . Did i do something to disrespect you . Not yet. Reporte two of what the academy think are the best movies birdman, a total of 20 nominations more than any other studio with the best position to cash in. The film with the least to gain car win, american sniper. An oscar win unlikely to make much difference. Those studios spend millions of dollars to campaign for the prestige of an oscar win. The investment doesnt always pay off. Rather than that many studios have the success of american sniper or the block busters that never make it to the red carpet. For nightly business report, im Julia Boorstin in los angeles. Finally tonight, whether an actor takes home gold or not, they will still feel like a winner with all the free swag they get after this Sundays Academy awards. All the best and supporting actor and actress nominees and the best director nominees get a gift bag worth about, get this 160,000 double what they were valued at last year and the giveaways will make you green with envy. Some of the free bees include night at a villa, a psychic reading and a suction light. It is hollywood rk after all. Thats nightly business rep im tyler mathisen. Have a great weekend everybody. See you monday. Its all right, its okay doesnt really matter if youre old and grey its all right i say its okay listen to what i say its all right, were doing fine doesnt really matter if the sun dont shine its all right i say its okay were getting to the end of the day reporters clamoring all right okay, i will make a statement if i can just hear myself think. Im delighted that the tribunal has reached this verdict. This judgment represents an opportunity for all organizations to shatter glass ceilings. There is no room for sexism in the workplace no room for sexism in any place in 2014