S p was off by close to four points. You could see this morning theres green arrows but we saw this yesterday at this time. Right now the dow futures are up by 53 points by fair value and the nasdaq up by close to 13 points. We had a couple of big stories were watching this morning. We had a flood of economic data. We have import export prices and in global news. Lowering a key rate to 1. 75 and then a Business Update Conference Call coming up at 10 00 a. M. Eastern time. The company has come under a lot of fire. It doesnt meet californias admission standards. Shares got a boost though yesterday after he made his case for the stock right here on cnbc. A number of stocks to watch this morning. Its going to explore spinning off its helicopter unit. This is the first big move. He will join us on set. Well talk about all kinds of Different Things. Exactly. Well ask him about it and he probably you saw what happened back in the fall and the notion was he was detached. Hes been in the trench
Meek mike iscrosoft is suffering as well. You could argue that the dow would be doing better if it werent for that development. At the same time you have a company like disney contributing about 33 points of the gains that were seeing today. Dow is up 1. 4 which is outperforming the s p and nasdaq. Theres disney up almost 4 . If nothing else frozen 2 and star wars 8, is it . Ive lost count. But, yes, a real tugofwar of sectors that well be talking about over the next couple of hours. Another stock not joining the rally is box. Its getting hammered since its earnings report. The Ceo Aaron Levie is joining us. He says the analysts got their expectations wrong and thats why it looks worse. People are saying if we got it straight now, why is the stock still down as sharply as it is. Well talk about that with mr. Levie coming up. Were at the highs of the day right now with the industrial average up to 140 points. A game of 1. 3, almost 1. 4 . Thats the outperformer. Weve taken out a few res
Cisco, longtime ceo John Chambers is stepping down after 20 years in the top job. Cisco veteran Chuck Robbins is in bringing to an end one of Silicon Valleys lo. Mcdonalds investors werent impressed. They sent shares lower today. Cisco managed to rise fractionally. We have two reports. Josh lipton on cisco but first Courtney Reagan looks for the new strategy for the worlds es the golden arches have been a little tarnished in recent quarters. It will take a lot to turn around the Worlds Largest restaurant chain, but today Ceo Steve Easterbrook is detailing at least the initial strategy two months after taking o the reality is our recent performance has been poor. The numbers dont lie, which is why, as we celebrate 60 years at mcdonalds, ill not shy away from the urgent need to reset this business. Mcdonalds will sell 3500 restaurants to franchisees taking global franchisee ownership to 90 from 81 . Which easterbrook says will generate more stable and predictable revenue and c the fastfo
Cisco, longtime ceo John Chambers is stepping down after 20 years in the top job. Cisco veteran Chuck Robbins is in bringing to an end one of Silicon Valleys lo. Mcdonalds investors werent impressed. They sent shares lower today. Cisco managed to rise fractionally. We have two reports. Josh lipton on cisco but first Courtney Reagan looks for the new strategy for the worlds es the golden arches have been a little tarnished in recent quarters. It will take a lot to turn around the Worlds Largest restaurant chain, but today Ceo Steve Easterbrook is detailing at least the initial strategy two months after taking o the reality is our recent performance has been poor. The numbers dont lie, which is why, as we celebrate 60 years at mcdonalds, ill not shy away from the urgent need to reset this business. Mcdonalds will sell 3500 restaurants to franchisees taking global franchisee ownership to 90 from 81 . Which easterbrook says will generate more stable and predictable revenue and c the fastfo
Interrogations. Tensions between ukraine and russia reached a new level today, ukraines acting president gave authorities in crimea until 3 00 p. M. Eastern to release all hostages or face unspecified consequences. Comes after more Russian Forces seized more buildings. Jennifer glasse is in sevastopol for us. Were past that 3 00 p. M. Deadline. Is there any movement to end the socalled provocations . Well, tony, good evening here from sevastopol that, deadline pasted an hour ago, and we havent heard anything. We havent seen any actions by Ukrainian Government at this point as far as we know everybody still remains in detention at this hour. Things have moved so quickly here tony. Yesterday president Vladimir Putin made clear that crimea would be part of russia. Ukrainian forces thought there was a truce in place until friday, but early this morning clearly that was not the case. What was until today headquarters of Ukrainian Navy here. Reporter ukrainian sailors leaving their base. Go