Despite the first decline in german Investor Confidence in about six months. The roadmap begins with a slew of bigname earnings, verizon, j j and travelers and delta beating estimates well break down the quarters of each. Taking a large position in dow chemical calling for a Strategic Review. And attention Business Travelers the eastern half of the u. S. Bracing for another big snowstorm and biting cold, well get into that, but first, its a big morning for earnings. Three dow components in the mix, verizon and j j and travelers beating the streets with their quarterly results. Outside of the dow Delta Air Lines did also exceed consensus with profit of 65 cents a share helped by lower fuel costs. Lets go through the big dow names. Bus unlike last week unlike last week almost uniformly good. I like what verizon had to say, buzzing about it with david beforehand. I like the earnings per share. I really like the Revenue Growth. I like the churn. There was a discussion about churn. Still be
India. The ruby, best day in four years. Road map begins with the markets on the heels of that strong gdp number. Futures are higher although concerns over syria weighing on investors. Telecom deal potentially worth up to 130 billion. Weve got details and what it means for the sector. Shares of one retailer on fire this morning after reporting stronger than expected guidance last night. Were going to tell you which one that is. Lets start with the mark markets. Second quarter gdp revised up. Previously estimated, thanks largely in part to an improving trade picture. And claims down 6,000 to 331, signaling a slight slowdown on the pace of layoffs and worries about military intervention in syria. A lot of places we could go, jim. What is most interesting to you . Well, im glad you see that the gdp is finally keeping pace with what has been the jobless claims. I couldnt understand why our gdp was so low given the fact the jobless claims have been best in five years. That is a positive sto
Welcome back, everybody. Just a reminder for you. Sunday at 2 00 a. M. , that marks the start of daylight savings time. Spring forward, lose an hour of sleep. So youre going to be even more tired when you come in on monday morning. Happy friday. Lets get back to our guest host. That just depresses me. Leave us with you know what, its been such a good news day and i dont want to screw it up, but is there anything youre worried about at all . Ten seconds here. I think one bad thing about getting bad news, if we keep getting it, people will start to obsess about the end of qe. I think its too early for that. I think its goldilocks right now. The analysts are still too negative. Stocks go higher. Thank you very much for joining us today, alec. Have a wonderful weekend. Join us on monday. Squawk on the street starts right now. 236,000, that is the jobs number for february. The jobless rate, 7. 7 . Thats the lowest since december of 2008. Good morning. Welcome to squawk on the street. Im Car
Im erin burnett. Outfront we begin with breaking news. The amtrak train that derailed near philadelphia was speeding bigtime. Traveling 106 miles an hour at the time of the crash. More than twice the 50mileanhour speed limit. We are also just learning at this moment the engineers name from three amtrak employees. Heres what we can tell you. His name is brandon bostian. Drew griffin is going to have much more on the man at the center of this in just a moment. The mayor of philadelphia on cnn calling that engineer reckless saying theres no excuse for the outofcontrol speed. We also now know that bastian did apply the emergency brakes just before the crash but only slowed the train town to 102 miles an hour at impact. 102 to 102, then it crashed. You can see the curve where the train derailed. As you can see, it very sharp. Horrific crash killing at least seven people. More than 200 injured, many of them in Critical Condition at this hour. It is almost 24 hours after this crash but there
Times ebidta. Apple is extremely cheap, the stock will be at 600 the next 18 months. Buy it again. Go back to 600. You care about all the proposition 2 . Yeah. I dont think its critical i think it is a bit of a nuisance. This is a company thats made more money for shareholders in the last few years than the entire rest of the Technology Industry combined. Give them a break. They didnt even have a dividend 12 months ago. Right or wrong . I dont know if hes right or wrong. I think you have to give management a little bit more time. I think that we are going a little too hasty pushing them h i think they will do the right thing, return more cash to shareholders. No question about it. Give them a chance. Thank you, guys. Take the foot off their throat. Join us tomorrow. Squawk on the street begins right now. Good thursday morning, welcome to squawk on the street. Im carl quintanilla, melissa lee, jim cramer. Faber is on assignment, he will interviewing me whitman tomorrow from hewlettpacka