Lifetimes. Market with little changed coming off the massive rally in the secret meeting off the fed. It says its just misunderstood. Daytime at ebay. Carl icahn drops his campaign to split the company in two. Gets a new board member. The biggest ipo of 2014 finally prices the low end of the range. Is this the top of the ipo way . The ceo will join us. Walmart goes all in for organic while other retailers report negative news. Can you blame it all on the weather . First up, though, just what the doctor ordered for the bulls. All three major stock indices each rose more than 1 in yesterdays session after minutes from last months fed policy meeting indicated the central bank may not raise Interest Rates any time soon. One of the socalled momentum stocks was the biggest gainer on the s p. Facebook up 7. 5 . We watched that thing climb all day, jim. A lot of talk about how many growth guys are actually just taking refuge in fb. Yeah. The Analyst Coverage started with jordan rohan. Youve go
We will talk with at ts cfo. Qwest talks broke off. We will ask the chairman about the merger. Market makersng here on bloomberg television. Qwest right now, breaking house and housing data. Qwest this is a genuine surprise. Sales coming in way lower than expected. We are talking about a terrible month of march for new home sales. This thing home sales, you will recall earlier this week, they came in better than expected. 14. 5 . Ped 1445 we have not seen seen a month this that since july 2013. You have to go back that far to see a month this that. We have not seen a decline like this i think, since then as well. Not immediately clear what the explanation for this is. We know there was bad weather and we know people were holding off purchases. If that were the case, we would for seen terrible numbers existing home sales as well. We did not. I am at a loss. Qwest people are selling. We will give you updates throughout the show. We will bring in mike mckee to dissect it. To the, we will
This morning after the dow and the s p toastposted their best gains of the year. And carl icahn said one company has the worst Corporate Governance hes ever seen and Steve Ballmer making his first address since leaving microsoft, he did not disappoint coming to you later this hour. But first up well start with the markets, stocks coming off a record session, the s p a record high and the dow and the s p having their best day since december 18th. And adp showed the economy created fewer private sector jobs in february as the cold weather restrains hiring. You said the data has been okay. The durables and the chicago pmis have been all right. We have great data out of europe pmi. How could the economy be good and stocks be good and employment be bad . The economy is not necessarily good its delivering but with the employment weaker and the macromanufacturing come out and continue to amaze and the Mortgage Application number this morning that is strong. If you get russia off the business
But david cote will be rolling out its plan phenomenon honeywells futures to us. Good show this morning, guys. If you change the world, you have to get all spruced up. Everyone is wears coats. Spruce goose. A lot of money were going to talk about. There is. Weve got a whole becky back there, a lot of private equity guys, fat cats. It will be okay. Were going to take a look at the markets this morning before we get started. Check out the u. S. Equity futures. After that huge gain from yesterday with the dow up 127 points, you can see the futures are flat, unchanged this morning. Of course, yesterday everything happened because of the easing tensions in ukraine. Russian president Vladimir Putin said he would use force only as a last resort. They gave no sign of pulling back military forces from ukraines crimen peninsula. Yes, joe, finally, finally, finally. It was there and it pulled back. Nobody likes ukraine. But lately, the market has gotten back more than its sold off. When we have a
According to your analysis will not have that opportunity to bring the right wing positions to the table in brussels not when it comes to the youve been part of the youve been parliament is overwhelmingly pro european prodemocratic even the shifts within countries like germany the votes did not go to the extreme right they have been dispersed amongst the democratic parties so and also in other countries i mean whats so the nice one in italy it was something that we have expected its too bad its a form of on us you know became the Largest Party in france actually yeah exactly but we do not expect such a big block as they would like to be the make them say a larger than the actually are ok the greens were the big winner here in germany theyve doubled their their results theyre now bigger in the European Parliament than the social democrats just behind the c. D. U. Do you see them being able to as we just heard from their Live Press Conference affects Climate Change that is their big issu