Was when we have the last gas prices this high. Lots of snow, but also lots of profits. Talking about the Weather Channel and direct tv and what happens if you decide not to watch the Weather Channel when the weather is the super bowl. Does this winter storm have a name . Janis. Janis . I heard that by watching the Weather Channel. I think we should let our guest host name it. We will do that, but first i want to get to the earnings, here. We have a fresh batch of earnings this morning from Corporate America and julie hyman. A big movementg in the shares this morning after a disappointing earnings report. Ofexpected to see a lot disappointments in retail. This is not a huge surprise here. Coaches one of those retailers who gave fewer discounts. Those were the big themes of the holiday season, so it did take a toll. Dropping, people basically shopping other places where they could get better deals. Seemed like that happened at north american comparablestore sales. A huge drop. We will d
Restructuring costs, well be speaking to the ceo in around 30 minutes time. At least two people left dead in ukraine as antigovernment protests escalate. Well spoo well speak to the chairman of the second largest lending bank. And a surprise shakeup at pimco, Mohammed El Erian resigns as ceo as investors are turning from bonds towards stocks. Davos 2014 well and truly kicked off here. We have some brilliant guests coming up at Worldwide Exchange speaking to the r rwe ceo as germany unveils their latest renewables for Renewable Energy. He doesnt pull punches so well be getting his latest thoughts on that and have you heard of the china shale boom . No, but im looking forward to hearing about it. I wonder whether it will be as important for that country as undoubtedly it has been as the United States. Will it be as game changing, one of the big things. Well be speaking to a top expert. How is it there . Pretty cold but im wrapped up warm, fully prepared for this and speaking to some real
Odds since the beginning of august, thats when they were blacked out on time warner systems in los angeles, new york and dallas and smaller market as well. Well talk to a media analyst in the next half hour to see who came out as the big winner on this. Cbs, kind of thumping its chest. Well talk more about that. First, back to the tech story overnight out of europe, jon fortt talked to microsoft ceo Steve Ballmer an hour ago and joins us from san jose with the highlights. This caught a lot of people by surprise, jon. Not entirely surprising that microsoft would look at perhaps stephen elop as a ceo candidate, but the timing of picking up all of nokias devices and Services Business quite surprising. All the talk on twitter also over in germany where there is a major tech show kicking off that will be following throughout the week. I spoke to Steve Ballmer about an hour ago, first on cnbc interview. We talked about the join up of the two companies, we talked about stephen elop. Listen to
Good morning. Stocks continue on a winning streak. The markets still call fear gauge now falling to its lowest level in more than three years. Asian equities coming off the highs on property stocks. Meanwhile, a slow start in europe this morning. In washington, paul ryan will be unveiling his partys Budget Proposal today. Its tuesday, march 12th been 2013. Squawk box starts right now. Good morning, everybody. Im becky quick along with Andrew Ross Sorkin and scott wapner in for joe today. The dow and the s p closing higher yesterday, up for the seventh session in a row. This is the blue chip indexs first winning streak like this in a year. Its worth noting the index is not into the First Quarter with a double digit percentage gains since 1998. U. S. Equity futures at this hour, at this point youre looking at a very slight decline, down by about 8 points yesterday although its worth noting we saw everything in the red in this hour and all those indexes turned around and did close the day
good morning. one controversial weekend bailout. tend result? euro fears re-ignited. global markets under pressure because of cyprus? a golf course? it s monday, march 18th, 2013, and squawk box begins right now. good morning, everybody. welcome to squawk box here on cnbc. i m becky quick along with joe kernen and andrew ross sorkin. there is one top story this morning with many ripple effects. this weekend, the eurozone decided to force bank depositors in cyprus towards a bailout. yesterday, pimco s bill grows tweeted sell euro, as well. people were listening and the market was already ahead of him at that point. the euro right now is trading at 1.2961. but the biggest drop we ve seen since january 2012 came in the euro and this is after a sell-off that we ve seen since february, where the euro has been under pressure. again, the euro was down by 1.3% in trade. right now, the european markets, you re right, aren t reacting terribly to this. france, the cac is the worst