i'm carl quintanilla and david faber and jim cramer fresh from his one on one with tim geithner from barnes & noble in new york city. futures are weak on the earnings miss out of walmart, one of the worst misses for that company in several years, offsetting strength in cisco after those reports last night. boat load of economic data, the ten-year was spooked, jobless claims at a seven-year low, cpi in line,

david faber scoring a big interview with larry robbins. he made a fortune betting on certain health care companies after the supreme court ruling on obamacare. more is culling up next on "power lunch." passenger: road trip buddy. let's put some music on. woman: welcome to learning spanish in the car. passenger: you've got to be kidding me. driver: this is good. woman: vamanos. driver & passenger: vamanos. woman: gracias. driver & passenger: gracias. passenger: trece horas en el carro sin parar y no traes musica. driver: mira entra y comprame unas papitas. vo: get up to 795 miles per tank in the tdi clean diesel. the volkswagen passat. recipient of the j.d. power appeal award, two years in a row. >>> welcome back to "power lunch." more headlines, this time from -- saying he is long liberty global shares. la font loves this stock over the next five years, and believes another party, program a comcast, parent company of this network, could buy liberty global. it happen, he set. there you so ethe session highs up about 2.7%, sue. back over to

david faber with ibm. ahead on the show, the ceo of opentable will join us live for another exclusive interview. yelp announcing it's launching its own on-line service, is opentable worried? find out. we're back after this. yelp, . >>> welcome back to "squawk on the street." it's been a tough session so far for elizabeth arden. the cosmetics company losing 84 cents a share in its third quarter below analyst forecasts for a break-even quarter. sales also fell short of estimates in and the company is exploring strategic alternatives, the stock down 17% at 29.52. carl? >> that is a tough action for a company that may or may not be for sale down the road via the south korean congom rate lg. >> i guess the brittney spears brand perfumes aren't selling. >> a lot of celebrity perfumes haven't done well. we keep dancing around 1900 which is going to be a battleground at least in the near term. lot of that dow component setting some new highs like a travelers and a mcdonald's but housing is interesting. you look at

both firm ceos told david faber that rising content costs and the growing mobile platforms were amongst the forces behind the talks. some answered a question why at&t would buy directv when u.s. satellite tv subscriptions have flattened. at&t in frankfurt is flat. there will be some regulatory rule casting over that proposed deal as well. now google's reportedly struck a deal to buy the gaming site twitch for more than $1 billion. this is according to a report in variety. twitch is a privately held video streaming service for gamers. this report suggests the old cash transaction will be announced imminently. twitch was founded with more than 45 million monthly users. shares for google are flat today as well. >>> and siemens may make a deal for the power business while the french government takes a stake in the rail business. he's already in talks with ge over a $17 billion bid for the four arm. they will decide on that in june. the french government has been openly critical of ge's bid. stephane is in paris with more on this. they are changing the rules on the ability to block deals, st

cnbc's david faber has an exclusive interview with meg whitman. that's on "squawk on the street" at 9:00 a.m. eastern a little bit later. >>> gap's first quarter profit was down 22% but that still beat forecasts. the results hurt by weak foreign currencies. the retailer had to step up discounts earlier in the quarter to try and bring in customers when the severe u.s. winter weather affected sales. same-store sales were down around 1%. gap is also affirming its full-year outlook and says it's focused on continued expansion of outside america. shares up 1% after hours. coming up, 1.7% in frankfurt. >>> as for the agenda today in the united states, we've got new home sales out at 10:00 a.m. eastern. sales have forecast to have risen to an annual rate of 418,000, coming on the back of strong existing home sales yesterday. one earnings report of note, the retailer foot locker. after the gain, slim gains we saw for u.s. equities yesterday, we've been up four out of the last five sessions. futures suggest we will continue the trend today. the s&p 500 cur

david faber has been talking about this deal three weeks. it amazes me when the journal reports it and the guy next to me has been saying that. where have you been is this that's okay. i don't think it's bad and mike white wouldn't do it if he didn't think there was more value to be brought out. >> we'll see if you think that deal and time warner/comcast past muster. >> look, the government, rubber stamp, rubber stamp. >> i don't know, andrew -- you said you weren't anxious earlier. you're anxious about both. >> anxious? >> i think both deals should go through but think that it would -- if it actually happens f it's consummated, it would make it much more complicated for both deals to happen. >> i don't know. >> jim, see you in a couple minutes. >> thank you. >> oscar's picks. we'll get back to oscar. greenline do for you? just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can

my friend david faber believes that deal will occur. i'm recommending sprint and t-mobile and at&t on a yield basis and verizon because of the wireless deal. i like all four players and love that industry. want to drive home profits? i think avid is the road to lead you there. i consider this best of breed now. >>> still ahead, feeling a little parched? a water player that served 95% over the past five years, plus j.c. penney soared after the runs, but is the return for real? don't go shopping until you hear my take. >>> with investors lately getting nervous and craving safety, this is maybe aqua america's time to shine. it's up 5% over the years, not too shabby after the recent declines. we know that for about a decade, starting in the mid 1990s it was a tremendous growth stock, rallies for years, it kept gobbling up smaller players. the stock has been stall lately, but there's still lots of opportunities here. currently there are ten publicly traded companies in the same space. . they've been getting in on the great american energy, i

david faber, he's not here, is he? i would -- in real time. ♪ the shell brought him great fame. ♪ but then, one day, he noticed that everybody could have a magic seashell. [ indistinct talking ] [ male announcer ] right there in their trading platform. ♪ so the magic shell went back to being a...shell. get live squawks right in your trading platform with thinkorswim from td ameritrade. get live squawks right in your trading platform you need to see this. show 'em the curve. ♪ do you know what this means? the greater the curvature, the bigger the difference. [sci-fi tractor beam sound] ...sucked me right in... it's beautiful. gotta admit one thing... ...can't beat the view. ♪ introducing the world's first curved ultra high definition television >>> before we answer your tweets we have to get through some homework before this is over. first off, back on may 6, jerry in arizona asked about glog and i said i would get back to it. it is ships that carry liquefied gas. as it has aggressively expanded its fleet, las

our david faber getting as exclusive with ibm's ceo jenny romet rometty, her first tv interview. david, it was a great, and i do underscore, great interview. he asked her about where she's focuser for growth. listen. >> around data, $16 billion up 9%, around cloud. we event the last year -- high growth, up 69%, and this whole area of engagement, because to enterprise clients, this will hain in the balance. so important to have. >> free cash flow of $15 billion, we're able to do the investments, for today, for the long run, the future, and able to return value. >> plenty of value, not much growth in ibm's stock over the past year. in fact, down 5.2%, as the industrials are up 10.7%. sue? >> ty, are the markets rigged? that was a big discussion that we had not too long ago right here on "power lunch." now, senate lawmakers are holding hearings today into the impact of high-frequency trading. cme group executive chairman terry duffy was there, he testified at that hearing. we'll talk to him about whether he believes the markets are rigged, and what can be done to level the playing f

the latest with david faber. >> the call in fact, the prepared remarks completed no too long ago. they started to take q & a. in terms of the quarter, you had an analyst on at the top talking about it. a mixed bag to be sure. margins a bit better. including person systems group. where commercial pc sales have stabilized if not turned the other way taking market share as well. printing okay. although not as good as some would have hoped. the enterprise business not as strong. in terms of the forecast, kathy talking about the third quarter and saying in printing they continue to focus on placing value added units but expect the toner will remain under pressure. personal systems, they expect the market to remain challenging. pressure from higher component costs may limit their ability to proceed upside deals. that seems to be one of their key mantras. they're still not growing. revenue is kind of -- let's call it flat to be fair on a constant currency basis. they are still not growing. enterprise group, not as good as some had hoped. we talked earlier about the significant job kpucut

. >> david faber joining us. >> we can certainly give you the numbers at this point. it does appear that hewlett-packard mistakenly put up page one of the earnings release on its website early during trading. in fact the number was correct. of course people saw it there. they are now putting up the entire release. 88 cents a share. $27.3 billion was the revenue number for the quarter. it was a fine quarter. you can see the stock has reacted a bit, though not a blockbuster quarter, by any means. but an important part of it is also going to be more job cuts at hewlett-packard, in fact. the company saying that the 2012 restructuring program under which it had targeted 34,000 jobs, 31,000 of which have already left the company, is going to be now expanded to as much as 50,000. meaning there's somewhere between another 12,000 to 16,000 jobs that will be lost at li hewlett-packard under this 2012 restructuring program the company began. they will realize $1 billion in savings from that. in a conversation i was able to have with meg whitman -- we'll be talking a lot more to

as david faber, he's not here, is he? if he reveals price check, faber, on aisle 6. healthshire itself was contacted by tyson. maybe some retrospect hillshire was more desperate to be acquired than to grow food and acquisition itself. why is this such a big deal? because the sheer number of fad companies is explosive. campbell's soup and kellogg's, for example, have very little growth. they could be predators or prey. general mills needs to bift up. how can they resist buying haynes or maybe white wave. two of the fastest growers that are still bite size $5 billion company. maybe the jilted pinnacle aquars png foods. maybe someone takes run at sun opta. the possibilities, limitless. hershey's has been a terrific roller. you have to wonder if it has run its course and needs to diversify away from the candy aisle. conagra shot itself in the foot with the last acquisition. i think it is fixable. it is ready to grow. a japanese company that i had never heard of until recently paid $2.15 billion for ragu. a castoff brand from italy. and smucker were also rumored to be on

to david faber. >> thanks very much. my next guest began his career in wall street as a credit analyst, senior m&a adviser at ubs before founding his own firm liontree. he's always been focused on media. he advised charter communications on its failed bid for time warner cable and successful negotiation to get 4.1 million subscribers if and when comcast succeeds in buying time warner cable. >> thank you for that introduction. >> you're welcome. i remember you when you covered credit, adelphia way back when, you played an important role in uncovering that fraud i guess in many ways. let's get to the present day. comcast i mentioned it. new york times says we're against the deal, market power, broad band, comcast will get too much concentration. how significant is the problem or opposition going to be for comcast? >> i think david and brian have been speaking on behalf of comcast and publicly i'm not sure i have much to add although i would say since even the comcast/time warner deal and charter conversations have been dis

david faber is in washington, where he will interview liberty media's greg maffei in a few moments. the dow coming off of that three-week low, retail leading the charge once again. tiffany, target, lowe's, another gm recall. the ten-year yield around 2.54. yellen speaks this morning but is unlikely to take questions. she gives the commencement address at nyu. europe in pretty good shape. blockbuster retail sales in the uk, strongest in a decade. we begin with retail, moving the markets. luxury outperforming again as tiffany and burberry top estimates. target slashes its forecast. the good news, sales were not the disaster that some were expecting. bulls hate it, bears hate it, a pull-back in the market. it's a great market if you have a bit longer than half an hour to invest. plus break out the shopping list. google revealing it plans to spend billions overseas and the reason for optimism. jim's exclusive with sales force ceo. why it is the canary in the coal mine. first up, tiffany did report better than expected numbers as profits jumped 50% on strong global sales. the company's r

david faber, back to you. >> thank you very much. mr. santelli. well, what's become parlor talk these days in the world of media and telecommunications. a part would be what is dish going to do? that has been a key question for investors for some time, one we've discussed many times here, of course. it's poker playing founder and ceo charlie ergen giving no signs at this point of what the plan is. there are a few data points to at least highlight for you. one, well let's start off with news from this morning because yesterday, there was some reports which briefly moved dish's stock price higher. that they were talking to verizon. i did not believe that to be the case and today, the ceo of verizon, at an investment conference comes out and says it's not the case. he came out and said i know there are reports out there that we're talking to dish. i can tell you now, that is someone's fantasy. there were not and there are not discussions going on with dish. all right. good to put that aside because i think the idea of verizon, which is still paying d

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. the final trading session of may which is actually closing out pretty nicely, futures are weak this morning, all three averages up five of the past six days. ten year yield a boost back to 2.46. april core pce up 1.6. although consumer spending a bit of a disappointment. europe down a touch this morning. going to our road map with your last chance to sell in may, another record closing high for the s&p. still some market moving data to come this morning. >> what rivalry microsoft and sales force announce broad product alliances. a strategic partnership. crm the stock benefiting. >> speaking of microsoft, steve ballmer buying the clippers for $2 billion. the highest price ever for an nba team. don't break out the champagne just yet. talk about that big story. first heading into the final trading session of the month, the s&p another record closing high up almost 2% for the month and nasdaq up 3% and the dow in positive territory within 37 points of its all-time intraday high. markets s

david faber, back to you. >> thank you very much. rick santelli. >>> it was yesterday at about 3:30 hewlett-packard mistakenly released at least most of its earnings report, 88 cents a share was in line with estimates, the revenue number a bit light and some of the businesses not performing as well as investors hoped. the stock started down this morning it is up almost 6% now, a big run at hewlett-packard as it approaches, in fact, its 52-week high. this after our interview with the ceo of the company meg whitman in the midst of a multiyear turnaround as we always do every quarter with her continue to discuss both positive and negative. one thing that wasn't in the earnings release when it first mistakenly hit are cjob cuts. that was page two. we did find out about that at roughly 4:00. 34,000 job cuts had already been slated but hewlett-packard is talking about another 11 to 16,000 additional cuts. could take the number to as many as 50,000 under a 2012 restructuring plan which was running for three years and hence continues to run.

david faber said something today that totally made me want to redouble my e norts to you to find good value, namely that he's never heard of investment bankers being as busy as they are right now doing blockbuster deals that we don't know about yet. what a tease. my partner is tantalizing us. you have to understand how cautious david is about these judgements. for two years i've been begging him to say yeah, two years they're flowing and he said i've been too bullish and it's happening and happening with abandon. just yesterday they gobbled up cramer fife pinnacle foods. and it could be a $50 billion deal. we've gotten offers for pfizer, seeking to buy also ran astra zefrng qaa, and a hedge fund teaming up with cereal acquirer valiant to snap up allergan. david thinks these can be merely a prelude. i think there are many more deals coming in the food, drug, cosmetic, and telecommunications and oil industries. maybe beverages. i'm reluctant to recommend that you sell anything in those categories because of the surge of takeover activity even as i recognize the stocks like kellogg or cl

faber about why he's still such a huge shareholder and believer in gm. and did get in higher. bought some stock higher. not sure where he started, but i know he paid much higher. bass pointed out something that's very controversial. he was talking about the 13 people who have died in gm cars that had this ignition switch issue. and because this is such a delicate subject. you know what i want to do, i want to go to the tape of david interviewing kyle bass. i want you to hear his words, not mine. >> when you look at the evidence. and if you look through, watch the congressional hearing and you try to parse through all the publicly available data, there's some interesting narratives that aren't being told in both the press and in the halls of congress that i think are worthwhile. they're worth understanding. for instance, when you look at the 13 deaths, we're talking about 13 deaths out of 2.6 million vehicles. there are 250 million cars on the road today, and of those 13 deaths that happened, 10 of them either weren't wearing their seat belt or under the

david faber. >> yeah. bloomberg reporting something that at this point we can't confirm although we expect it would certainly be something you'd expect, namely, that pfizer is going to raise its bid for astrazeneca. if you recall, when it came public with this bid for the company early this it was simply sending a letter with the same offer that it had made sometime back when there were brief talks between the two companies earlier this year. now, of course, pfizer is under pressure, by i think may 26th, to come with a formal offer under uk takeover laws and one would expect that will be a higher offer because if you recall, astrazeneca said no thank you when the original foray was made. the ceo in a video that was i believe released recently said we thought it undervalued, astrazeneca, the previous pfizer offer. we concerned about the structure including a large percentage of pfizer shares. there are issues about flowback, for example. and, third, they raised concerns about the challenges of executing on

. >> ibm ceo sat down with david faber earlier today. here's what she said about the outlook for the company. >> i have unwavering confidence. it's a very clear strategy. i have a world of confidence in the people in this company. at its heart, it's an innovation company. it's not a product company. it's an innovation company. >> it's an innovation company. it's a company that's been promising new revenue growth initiatives for years. and it's still seeing single digit revenue growth. stephanie? >> yeah, we own it. and we don't own it for the revenue growth. we own it for the earnings predictability, and that's what you get. double-digit earnings, maybe flat to 1% revenue number, but getting buybacks and dividends. and they are making progress in terms of acquisitions. i don't think it's going to move the needle in the near term, but you're kind of safe with this one. that's what we wanted. >> joe, is safe good enough in your view? >> yeah, i think it is. i listened to the debate yesterday coming out on the plane between pete and steve,

shares of hp seeing a strong rebound today, up nearly 6% right as david faber had an interview with meg whitman. the company, after announcing earnings yesterday, saw stock fall 2%. it also announced it would eliminate between 11,000 and 16,000 additional jobs as part of its ongoing restructuring. that brings the total count to as many as 50,000 employees who have seen their jobs cut since the restructuring began. ceo meg whitman sat down with david and jim this morning. they discussed the hp turnaround strategy and much more. david asked whitman to respond to critics says it is to slow to innovate as some of the large competitors. >> we're a very big company and we compete against big companies and little start-ups. what big companies have to do is we have to make scale work to our advantage. we have to make our go-to-market work to our advantage, supply chain. and then we have to make sure where we are focused we are innovating. i would argue, actually, that our printing business is one of those areas where we are excellent innovators, and we're now transferring that to our ser server

i've got to tell you, this is david faber's story. when i read through i kind of say, i don't believe. we're not talking price. why would they want directv? it has all this latin american business. at&t said we're not going to go international. it created a whole new world. i think it makes sense that everybody has to talk to get bigger. >> right. >> i think a lot of this, by the way, has to do with the regulators. we just reported earlier that the conversation is actually in large part because of time warner cable and comcast. if you put both deals on the table at the same time you have a better chance. >> look, the field is very, very competitive. and i think that is what matters. tmobile/sprint. that's another one. t-mobile has some pretty amazing numbers today. the telco business and the drug business are two sectors that have the fever. they have the fever to slightly this morning. i thought they might be up a little more given the beat they had. >> well, it's a production growth story. you got to listen to the call too. these gu

i'm david faber with jim cramer. we are live from the new york stock exchange. carl quintanilla is in california at the code conference in rancho pales verdes, california. the apple/beats deal causing buzz at that event. more a few moments from now. futures this morning as we head into the open. a half hour from now. you can see we are looking at a positive open it would appear, as for the ten year note yield, setting new lows yesterday, almost for the year, july of 2013 that we hadn't seen this and then took that up. 244, takes your breath away if you're a bond nerd at least. our road map this morning starts with that long awaited acquisition apple buying beats music about expensive hardware, streaming music and mr. i owe veen and dr. dre getting desks. sound from the code conference coming up. a fourway food fight. an all-out bidding war for hillshire. tyson makes an over-the-top bid after pilgrim's pride offer earlier in the week the catch, hillshire's own bid for pinnacle, come on. that's over and done with. the u.s. economy shrinking by 1% in the first quar

i'm carl quintanilla, jim cramer, david faber at the new york stock exchange. big morning for retail as it has been all week long. today, sears, best buy and more. futures up slightly after pretty decent china pmi numbers. 10 year yield, existing home sales in an hour, jobless claims did rise 28,000 and europe remains in another tight premarket range today. our road map with another tough day in retail. challenges continue at sears and best buy. both brands declare a bare market consumer electronics. apple the new weather. >> and internet ipo jd.com pr e prices in the range. what it means for alibaba, the market, feature of e-commerce. >> can we maintain yesterday's rally. positive data from china but claims elevated. >> and one very steamed darden investor, starboard, launches a fight for the entire board of directors at darden, all of it or much boiling down to the sale of re red lobster announced last week. >> best buy first up reporting better than expected operating profits of 33 cents a share in the first quarter. revenue and comp sales did miss. the comp

i'm david faber with jim cramer. we are live from the new york stock exchange. carl kinquintanilla is in california at the inaugural code conference where heavy hitters in technology and media are making news. he's going to tell us more in just a moment. a look at the futures this morning. you can see not much to speak of in terms of where we will hope or what the day will look like. 10-year note yield, around 2.5, excuse me, 2.4 7. fran's 10-year yields, spain is at 2.88. just to put that in perspective. >> rates are way too high in this country. i'm not kidding. talk to frank blake, home depot. >> look at europe at this time, kind of a mixed bag. stocks started with small gains off the lows, about flat, let's call it in a lot of different ones. not a lot of news out of europe this morning. consumer staples, basic resources, health care lagging, financial services, banks, media and telecoms up. our road map and it does start with the markets. looking to make history, the s&p aiming for another record high. we've got earnings from toll brothers and michael kors,

i'm carl quintanilla, jim cramer, david faber at the new york stock exchange. big morning for retail as it has been all week long. today, sears, best buy and more. futures up slightly after pretty decent china pmi numbers. 10 year yield, existing home sales in

i'm carl quintanilla, jim cramer, david faber at the new york stock exchange. futures are lower on the fourth anniversary of the flash crash. we've got some pharma m&a, merck, twitter at a new low as the lockup expires, ten-year around 2.6. the real story might be the dollar index, the lowest since october. europe is in the red, both spanish and italian ten-year bond yields are below 3%. >> auo geez. >> twitter six

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. we kick off this last week of may, the beginning of summer, with s&p case-shiller home prices at the bottom of your screen. we'll talk to robert shiller in a few minutes. meantime futures playing catch-up as europe had a nice day yesterday. plenty of m&a news. ten yield yielding 2.54, durable goods above consensus, march revised up as well. the dax hit the

david faber is in washington, where he will interview liberty media's greg maffei in a few moments. the dow coming off of that three-week low, retail leading the charge once again. tiffany, target, lowe's, another gm recall. the ten-year yield around 2.54. yellen speaks this morning but is unlikely to take questions. she gives the commencement address at nyu.

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. looking for some relief from yesterday's tumble. worst day for the dow in five weeks, futures are stable on the back of a good beat in housing starts. consumer confidence this morning. ten-year is right around that 2.5 level. a level by the way that bill gross says seems fair for now. we'll talk about

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. busy morning shaips shaping up. home depot. microsoft expected to update its surface tablet this morning, futures aren't far off the flat line. ten-year yield claued back to almost 2.55. the econ calendar light today. most of europe is mildly in the red. our road map begins with home depot,

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. the final trading session of may which is actually closing out pretty nicely, futures are weak this morning, all three averages up five of the past six days. ten year yield a boost back to 2.46. april core pce up 1.6. although consumer spending a bit of a disappointment. europe down a touch this morning. going to our road map with your last chance to sell in may, another record closing high

i'm david faber with jim cramer live from the new york stock exchange. carl quintanilla taking an early start to the weekend. we are live with an interview with hewlett-packard. futures as we end the week we are looking for what might be a slightly, slightly higher opening there. for the ten-year note yield,

i'm david faber with jim cramer. we are live from the new york stock exchange. carl quintanilla is in california at the code conference in rancho pales verdes, california. the apple/beats deal causing buzz at that event. more a few moments from now. futures this morning as we head into the open. a half hour from now. you can see we are looking at a positive open it would appear, as for the ten year note yield, setting ne

david faber and carl are off today. we are live from the new york stock exchange. hi, everybody. here is your friday setup. stock futures indicating slightly lower open today. again watch small caps. more talk, the little guys, the ru russell 2,000 may be pulling the market down, closing below its 200 day moving age for

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. futures taking stock of that number which is a strong headline. unemployment plummets to 6.3, that's the lowest in more than five years, but that labor force decline has some looking at the number a little more sceptically. we're going to explain everything you need to know. the ten-year yield did pop, not like you might expect, curnt

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. what a morning we have in store for you today, the ceo of disney and whole foods talking about their quarters, janet yellen on capitol hill, the alibaba ipo filing, futures improving on the positive side. ten-year yields 2.61. yellen's testimony begins in about an hour's time.

i'm carl quintanilla, jim cramer, david faber at the stock exchange. we begin with the s&p and dow, futures a bit lower amid reports the ecb is planning more stimulus in the weak macro environment. ten-year yield dipped to 2.57 this morning, producer prices did run a little hot. europe is down slightly this morning as well. our road map begins with macy's, sales fall, the stock up, though. investors shrugging off the cool spring as

i'm david faber with jim cramer. we are live from the new york stock exchange. carl kinquintanilla is in california at the inaugural code conference where heavy hitters in technology and media are making news. he's going to tell us more in just a moment. a look at the futures this morning. you can see not much to speak of in terms of where we will hope or what the day will look like. 10-year note yield, around 2.5, excuse me, 2.4

david faber, back to you. >> thank you very much. i want to get to liberty media, a company that we focus on occasionally. its complexity perhaps keeps some investors away and that continues with another announcement that involves a spinoff. you may know if you followed the company in terms of the tracking stocks that it does and then switch to physical and the various entities that it has, it consolidates and then spins out. the latest is the board has authorized management to pursue a spinoff to its stockholders to be called liberty broad band. it's going to comprise 26.4% ownership of charter communications and ownership stake we talked about a great deal, of course, talking about the attempts of liberty and time warner cable. they came away with a lot of potential subscribers in a deal with comcast a short time ago when and if that deal with time warner cable and comcast closes, the spinoff of liberty broad band will include that charter communication position something called true position in time warner cable as well. sharehold

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. looking for some relief from yesterday's tumble. worst day for the dow in five weeks, futures are stable on the back of a good beat in housing starts. consumer confidence this morning. ten-year is right around that 2.5 level. a level by the way that bill gross says seems fair for now. we'll talk about that a little later and then europe is flat for the time being. our road map with the markets under continuing pressure after logging their worst day in more than a month yesterday. >> jc penney reporting a smaller than expected first quarter loss and nordstrom reporting a better than expected first-quarter profit. >> the seafood lover darden selling red lobster to golden gate capital for $2.1 billion in cash. >> a whale tale, the money swimming into verizon. we'll explain that later on. >> all right. futures as you said, you saw relatively stable after the stock market's worst day in about five weeks. the dow posted the 167-point drop. s&p fell almost 1% and the nasdaq is now in the mid

i'm carl quintanilla and david faber and jim cramer fresh from his one on one with tim geithner from barnes & noble in new york city. futures are weak on the earnings miss out of walmart, one of the worst misses for that company in several years, offsetting strength in cisco after those reports last night. boat load of economic data, the ten-year was spooked, jobless claims at a seven-year low, cpi in line, highest year over year gain since july and europe mixed for the time being. our road map with more bad data from american retailers. walmart sales and profits below estimates, kohl's disappoints blaming on the weather or a weaker consumer. >> david tepper says there's a time to make money and a time to not lose money. can you guess what time it is now? >> cisco beats as sales fall. john chambers sends the stock higher. first up walmart did report numbers of 1.10 a share, a nickel below, sales fell for a fifth consecutive quarter. the quarter forecast shy of consensus, weather shaved 3 cents a share off the q1 earnings, and kohl's missed with quarterly results. comps down 3.4%, but

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. what a morning we have in store for you today, the ceo of disney and whole foods talking about their quarters, janet yellen on capitol hill, the alibaba ipo filing, futures improving on the positive side. ten-year yields 2.61. yellen's testimony begins in about an hour's time. overnight the nikkei did follow the u.s. to the downside by almost 3%. macro data has largely missed today. everything from china services pmi to german factory orders. our road map with alibaba. the e-commerce giant files for what could be the biggest internet ipo in history. a peek at china's fast growing e-commerce market and one unusual company. >> record earnings for disney. frozen sales continue their hot streak. disney chairman and ceo bob iger will join nous a cnbc exclusive. >> shares of whole foods plunge down 17% this morning cutting their outlook, profit disappointing the street. we'll hear from ceo walter robb first on cnbc. >> fed chair janet yellen will head to the hill about an hour from now. is

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange. futures taking stock of that number which is a strong headline. unemployment plummets to 6.3, that's the lowest in more than five years, but that labor force decline has some looking at the number a little more sceptically. we're going to explain everything you need to know. the ten-year yield did pop, not like you might expect, currently at 2.664 and europe is back to work and largely mixed. our road map, the jobs number, payrolls above consensus. the unemployment rate dives to the 5.5 year low. watch the participation, rate, wages, more americans drop out of the work force in april. >> pfizer raising its bid to try to buy astrazeneca. astrazeneca says a few hours later no thank you. astrazeneca shares trading below the offer price. pfizer may need to raise a bit more. we're going to have a lot more. >> upbeat morning for internet stocks. linkedin, open table, expedia beat. a miss for chevron, profit dropping 27% on lower production. j. crew going budget friendly. can cheaper sweater

i'm carl quintanilla, jim cramer, david faber at the stock exchange. we begin with the s&p and dow, futures a bit lower amid reports the ecb is planning more stimulus in the weak macro environment. ten-year yield dipped to 2.57 this morning, producer prices did run a little hot. europe is down slightly this morning as well. our road map begins with macy's, sales fall, the stock up, though. investors shrugging off the cool spring as terry lundgren returns more cash to shairps shareholders. >> sears shopping for buyers for its canadian unit. eddie lampert making more changes to that retail empire and sony, negative results again. >> more record highs for the s&p and dow despite the soft data. will we see new highs today? >> another acquisition for yahoo!. marissa mayer scoops up snap chat rival strategies by a thousand buys blink. you'll miss another one. whatever that meant. >> i don't know what i just said. >> alibaba liked it. >> first up, though, macy's did report first quarter earnings of 60 cents a share, beat estimates. retailer says comp sales do

i'm carl quintanilla, jim cramer, david faber at the new york stock exchange. futures are lower on the fourth anniversary of the flash crash. we've got some pharma m&a, merck, twitter at a new low as the lockup expires, ten-year around 2.6. the real story might be the dollar index, the lowest since october. europe is in the red, both spanish and italian ten-year bond yields are below 3%. >> auo geez. >> twitter six months after the ipo, insiders with a chance to sell after the lockup expires. the stock down almost 40% this year. >> can we make a cross-border deal? germany's buyer acquiring merck's consumer business. the president of france throws a wrench or tries to in ge's plan to try to buy alstom. can hollande convince ge to sweeten the offer? >> apple trading above 600 since 2012, push for upgrades, new products incoming, are we in for a sweet spot for apple shares? >> a crucial morts for general moto motors. another engineer exits. jim says now is the time to buy. >> it has been a long road for shares of apple. the stock closele above the $600 mark since

david faber and carl are off today. we are live from the new york stock exchange. hi, everybody. here is your friday setup. stock futures indicating slightly lower open today. again watch small caps. more talk, the little guys, the ru russell 2,000 may be pulling the market down, closing below its 200 day moving age for the first time since 2012. maybe stocks are slowing because of the hunt for yield, the ten-year treasury note below 2.6%. what's that sound? it is realtors dancing as mortgage rates are likely to fall back again. europe as you can see with the exception of what looks to be switzerland or lichtenstein is down. our road map begins with apple and one very large acquisition. talks to buy beats headphones, don't forget the streaming service for $3.2 billion and create the first hip-hop billionaire, we will address some skepticism from the street. and getting divorced before they got married. publicist and omnicon calling off their merger. ugly breakup in the ad industry. somebody call john ham. ralph lauren and the gap out with results. ralph lauren beat, warning about

. >> coming up, marc faber on emerging markets. ukraine. and david eye horn on athenahealth. and jonathan bush will respond to david eye horn's call. white chocolate loversividual. don't like dark chocolate. milk chocolate lovers don't necessarily like dark or white. before we couldn't really allow the consumer to customize their preferred chocolate. we needed the scalable cloud solution allowing them to see all 800 products and select what they are looking for. now there is endless opportunity to indulge. can you start tomorrow? yes sir. alright. let's share the news tomorrow. today we failrly busy. tomorrow we're booked solid. we close on the house tomorrow. i want one of these opened up. because tomorow we go live... it's a day full of promise. and often, that day arrives by train. big day today? even bigger one tomorrow. when csx trains move forward, so does the rest of the economy. csx. how tomorrow moves. woman: welcome to learning. spanish in the car.c on. passenger: you've got to be kidding me. driver: this is good. woman: vamanos. driver & passenger: vamanos. woman: