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Transcripts For CNBC Squawk On The Street 20140626

Tenyear yield down this morning. Speaking this afternoon, and europe is mixed as well. Road map begins with General Motors halting sales of the chevy cruz sedan due to faulty air bags while the ceo offers an explanation on nbc. Pricing at the high end of the expected range, well bring you all the action of those very first trades. And shares of bed, bath, and beyond are taking, well, a bath this morning. The company missing earns expectations due to high costs. Alcoa buying for 2. 48 billion in cash and stock. Dealers temporarily stopped selling 2013 and 2014 chevy cruz sedans due to air bag programs. Mary barra was on the today show to answer questions about the crisis, and we have more. Good morning, phil. Reporter good morning, carl. Whenever a dealer is told to stop selling a particular vehicle, its not good news. It can be damaging not only to sales, but to the reputation of the dealership and company. Thats what happened to ....

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