Up. Well come up with anything wont we . Its outrageous. Im not paying 51. That looks like a little huffington there. Its the other lady. Yeah. She used to go to buffets thing all the time. Oh i know who wrour talking about. Its outrageous. There you go. In the meantime lets tell you about other big stories to watch this morning. The nations auto makers will be reporting january sales. Theyll drive demand for pick ups and suvs in all of this. Also other major companies. And well be hearing this morning and disney and chipotle interactive. One report of note december factory orders will be released at 10 00 a. M. Eastern time. Here are some of todays stocks to watch. The wall street journal reports staples and office depot are in advanced talks to merge. No word on the proposed terms and activist investor starboard called for a deal last month. Utx, i dont know why we need two of them. Tint we lose the other one already . Office max . Whatever happened to office max . Theyre now part of
With eurozone partners. Apple shares poise for a new alltime high. Vehicle integration, watch demand, and lengthy profile on johnny ive in the new Yorkernew Yorker magazine magazine. Starwood, what it means for the companys future. A shortened trading week with the dow above 18000, s p off the record closing high. Futures lower after talks between greece and eurozone finance ministers did collapse. Head of the Ministers Group says greece has until friday to request an extension of the bailout ten days or so jim, until the credit line does go blank. It does feel a lot like the United States and the brinkmanship and we knew there wasnt going to be a deal until after. What i expect will happen the talks will collapse until not the day but a few days after, because theres money found. Remember that . We found a little money . I think the talks are about whos going to blink. I still feel theres going to be a stretchout of debt but you have to hear there were talks, on friday and thursday, w
Management we dont talk about it enough on this show. Once money has been given enough to a specific business sector you have to stay within that business sector no matter what. Today, with the dow dipping 15 points nasdaq climbing. 02 , we saw this dip large, and to find the winners and losers with a host of secondtory sectors and i bet it will do the same thing tomorrow so listen up. The history of tech in the last year is pretty darn interesting. For most of 2014 money will be pouring into what i call plain vanilla technology. The Power Industry the cell phone, what do stocks have to do with Enterprise Spending theyre the back bone of modernized computer business. Slowly, though the interest of what some have described as old tech have gone away. The intel with microsoft and what they need to keep their stocks roaring, they gave you remarkable lines in 2015 guys those were the standouts. Those were a bit of can you do better than that in both of the quarters. Now, if you believe tha
Offs. Kentucky tennessee, virginia maryland crippled by a winter storm. Federal offices in washington d. C. Will be closed today as they brace for snow. Airports in North Carolina and tennessee look to be the hardest hit and well have a live report from the Weather Channel in about 20 minutes, scott. Heres the big stories were watching today. Two economic reports of note. 8 30 a. M. Eastern time the new york fed releases its february survey of manufacturers and then at 10 00, a read on housing from the National Association of home builders. Theyll attend negotiations in the west coast. Drawn out talks between Dock Workers Union and their employers have come to a assault and as a result sports are clogged with cargo. Facing the deadline among the filings we have already seen city group, aig and Delta Airlines while exiting positions in bed bath and beyond. Among green lights new positions, time warner and east side technologies. They took a stake in American Realty Capital Properties in
Territory record territory. The nasdaq worth keeping an eye on inching closer to 5,000. Its been the outperformer. We may be talking nasdaq 5,000 by next week sometime. Lets get to the Closing Bell Exchange exchange. Kim forrest is here, so is Peter Andersen from Congress Wealth management. Kevin carrone, ben willis from princeton securities joining us on the floor and Rick Santelli is in chicago. Lets start with Michelle Carusocabrera. Is she there . Im here yeah. So we have an agreement of sorts. Its just an extension, but do you sense were making some Real Progress this time around . Well the headline is that the greeks have caved on nearly everything it appears. They were never going to be subject to more reviews by the eu, the im f, and the ecb. Now theyre going to be subject to reviews by the eu the imf, and the ecb. They were never going to agree to commit to the current program. They have agreed to commit to an extension what happened to all the saber rattling when the new regi