disclosure to control expectations and other people might say we don't have a ton of exposure to europe. that seems like a worry to me. >> all right. ty, i'll see you back at the ranch. okay? >> see you tomorrow. that does it for this edition of "power lunch." "street signs" begins in a couple second's time. we'll see you tomorrow. and "street signs" begins right now. i'm brian sullivan. three days until g-day. the huge greek elections this sunday. it is drama but will it be drachma? more than a trillion dollars of market advice ahead on how to euro proof your money. the most bullish man on the street is here. he say it is s&p 500 jumps over 20% by new year's day. why is he so confident? we'll ask him. herb is ready to reveal his new stock rating system. jane wells has sweet, sweet

bacon news and the eye of the tiger as another sullivan on tv once said, it's a really big show, everybody. all right. wall street's wild swings continue. the dow alternating between gains and losses for five sessions. three of the five including today of triple digits moves and with today's rally the dow positive again for the week. the s&p 500 alternated between gains and losses for six sessions. today's gain puts it almost exactly at break even for the week. the nasdaq's gains today, not quite as large as the index brethren although it's the best performer of the three for the year in 2012. all right. well, as we head to what we're calling g-day, the big greek vote on sunday, there's a lot going on. so let's take a pause and reset the scene for just a second and give you some of the big headlines today overseas. this is all happening really in the last 24 hours, folks. moody's cutting spain's credit rating three notches to one

level above junk. you heard earlier today on cnbc bond yields hitting 7%. the big thing in greece, michelle is there. we'll talk to her in a second. sunday elections. in trade, the last time i showed showing a 31% chance only that the far left party wins the biggest percent part of the vote. the banks today up on the hopes that the pro-bailout party does win. by the way, in greece, the unemployment rate today came out. it is jumped to a record 22.6%. germany in the middle of this chart for a reason. they are the stalwart in europe. the question around germany, will they budge from a hardline stance? there are reports out maybe, just maybe, angela merkle and company prepared to soften the stance on the shared debt burdens for europe and said germany must be strong and conceding the german strength is not infinite.

in switzerland, the swiss central bank saying to boost the capital. those shares down. and got to go to finland. we have talked about it. talking about it more on this show. nokia announcing 10,000 job cuts. all right. let's get back to greece. right now, in many ways, greece as small as it is is the most influential country in the world. and the question is, will the far left anti-austerity party win a majority of the vote on sunday? michelle caruso-cabrera is live in athens. what are you hearing do they have a chance to gain a majority in the greek parliament? >> reporter: they do have a chance. it's getting tougher and tougher. we have seen poll numbers which indicate maybe they have lost a little bit of momentum but still within the margin of error of the conservative party. they're neck and neck. we're waiting to hear one of the

big final speeches of the leftest party, alexis sispres. we came in a strong second in the last election, we saw financial markets plum met because they were so worried about his rhetoric. he is a communist. he is a socialist. however, at the same time, he says he wants greece to stay in the euro. and he has told the people of greece that they can renegotiate this bailout. the woman who's speaking right now is a former member of parliament from his party. we're waiting for him to take the stage in his rally. this is the parent of the political theater always as we lead up to the elections in greece. you know that the financial markets don't want him to win seeing the bank stocks rally, we saw the athens stock market put in one of the best performances in years on reports that the secret polling is showing that

maybe he is losing some momentum. we wait and see, brian. it is a real nail biter on sunday. >> michelle, you have been there for a while. you have gone back and forth. i know it's a long trip and we appreciate you making the journey for us. how have you noticed the mood and the dialogue changing in greece every time you go? he's gotten -- he was unknown a few months ago and gotten more attention and the spanish deal i would imagine has really ticked greek people off even more. >> reporter: yes, because the spanish seem to have gotten an easier deal but we don't know the details and appears an easier deal. i would say that there's been a lot of changes among the greek people. when i first arrived, they didn't know the difference between the private sector and the public sector. i believe we hear him perhaps on the stage now. many of them believe there's no

way europe would ever push them out of the euro zone. they can't believe it. they can't believe they would put up with the potential financial ripple effects or that they would just kick the greek people out. they feel like they should be part of the euro zone. from taxi drivers to ceos and executives, nobody can believe it. we have to wait and see when push comes to shove whether they're more lenient with a bailout measure in the future. >> i'm going to put you on the spot, all right? maybe you don't want to answer this. what people say and do can oftentimes be very different. there's a nationalist pride and seeing it from the square. i get it. people want to say we're greece, strong, stop telling us what to do, europe. but do you believe that when they go to the they'll understand what needs to be done from the austerity perspective and vote with their head and maybe not their heart? it's tough to say.

a lot of them say -- and it kind of makes sense. wait a minute. you raise taxes and cutting spending. that causes a recession. how do you think we're ever going to pay you back if you keep putting in place measures that cause a recession? i think the difference comes down to the fact that are they willing to embrace the labor reforms in greece to help their country grow. i'm not sure they understand the difference in the parties. i do know they're tired of the austerity measures, for sure. >> michelle, yeah. if you follow it, the market has a 27.5% chance that he gets a majority of the vote. thank you very much. >> reporter: got it. well, despite the fear and uncertainty around europe, a funny thing happened. the s&p 500 up over 5% this year. the nasdaq up nearly 9%. how come? let's bring in jim paulson and

charlie rhine hart. jim, to you first. we hear about it, worry about it, talk about it. it's europe, greece, spain. whatever you want it to be. why are the u.s. markets higher this year? i thought the world was doo med. >> well, you know, europe's been with us a long time, brian. it's two and a half years of european crisis. i'm having trouble calling it a crisis anymore. that's usually out of nowhere and surprises you. i think it's a chronic problem with us for years and writing off portugal bonds a decade from now and the market is less sensitive to it and offer up a couple of things. the european financial conditions index which is made up of a whole bunch of market indicators, market, stock, bond, commodities that collapsed last year when the european fears flared and then rallied calming down in the first couple of months of the year and now flared again, that index not moved down again at all. it's stayed right where the gains of the year. the u.s. stock market, it's

relative beta to european stocks last year is .63. moved 63 bases points every time the european markets moved a percent. this year, so far, year to date, it's only .38. that is the u.s. market sensitivity is 40% less this year to european markets. >> wow. >> than a year ago. i think we have heard the boy cry the sky is falling one too many time and investors will look beyond that to the ground. i think valuations are pretty reasonable. >> charlie, jim's data interesting. we get the e-mails and the tweets. right? people say i don't care about europe. shut up, sullivan. right? doesn't matter. do your clients care about europe? >> sure. our clients care. but they also have some perspective and some balance. but also, for those that are following the advice of the global investment committee, we have been underweight european equities and done okay by that measure.

>> how much do you watch it, charlie? what's the first thing you look at every day, spanish bond yields? >> usually a new video of my new baby boy chip. >> at least you have your priorities in order. i highly recommend that for everybody. when's the second thing you look at? >> looking to see if there's news. markets moved overnight. anything been i announced which adds to the narrative of the story. so i'm basically doing the same set of checks and balances that probably many people in my profession are doing. >> i understand people's frustration. seeing the match nations and think i'm investing for 20 years out. how easy is it to ignore some of the noise? right? i mean, we are getting it every day and that's our job. but you have to look long term. how easy or hard to filter through some of this stuff? >> well, it's very hard. i mean, it's been extremely hard particularly since the '08 crisis. you lived through an example three, four years ago, a real life example of a major crisis in 2008 so anything that even

looks remotely like it scares you. >> jim, is this like that? is greece lehman? is spain lehman? is greece bear? >> you know, it certainly is impacting global growth because it's thrust that region in to recession. no doubt about that, brian. the real risk for those outside the european region is a financial calamity and i think the odds of that are very remote. after two and a half years, we have had ample time to vet this thing. we have vetted the possible. the improbable. the probable outcomes. if we haven't thought through european investors and officials how to exit greece in an orderly manner, it's hard to believe that hasn't been thought through. it's not a calamity impact and if it's not you're only paying less than 13 times earnings against a competitive 1.6%

10-year treasury. that's a heck of a bargain. >> bingo. >> charlie, you heard jim say smartly we have thought through this. have we modeled through it? the markets trading at a discount to where they were last year and where they were two years ago. do you believe that the worst-case scenario economically is already priced in to the s&p vis-a-vis a penned european recession? >> europe's in a deep recession and looks like it's getting worse and the market is not expecting much at the valuation levels and probably not discounting a worst-case scenario, either. discounting a number of things to go arye. certainly not a lot of optimism built in to the market at today's multiples. that being said, the world economy is decelerating. not just in europe but other places, as well. but hopefully central banks around the world are starting to recognize this. we have seen the people's bank of china lower rates. we expect action from the fed next week and hopefully

continuing to see that. i'm not sure how much of an impact to boost growth but when some of the natural forces of deceleration run the course, it should be helpful on the other side. >> choices of reason, gentlemen both, thank you very much. charlie, like the priorities. thanks. see you soon. >> thank you. we have breaking news right now from phil lebeau. phil? >> we want to call up a chart of united technologies, cfo there saying that prat whitney engine engines, they're conserving cash and once that statement uttered not long ago, we saw an impact. we should point out with when you're looking at it jet engine sales and services they have a fourth of the market. rolls royce with a fourth and about half the market, the leader is general electric, the aviation group. we checked with ge engines. thank you very much. aviation engines and they say that they have noticed some softness, as well. they can't quantify it but

clearly noticing airlines are conserving cash and that's being reflected in them orderinging fewer jet engines. >> i wonder if -- you heard brian shactman talk about utx's ceo say here's the direct sales exposure to greece and spain. you speak with european executives, as well rye right. >> you heard the previous conversation. do you think that, yeah, you know, maybe -- i'm not picking on a name, delta or american or united will buy fewer new jets worried fewer people going to madrid? >> no. because it's so far out at this point. it's too hard to make that correlation right now, brian. possible to see softness with the european airlines and have exposure there? yes. that's definitely the case and seeing greater strength with the asian airlines, the market growing the fastest in terms of jet travel but in terms of airlines saying, hey, we think there's not enough business in europe and putting off delivery

of new airplanes, might be a little bit of jostling around in terms of deliveries and taking those but i think it's soon to say they're going to stop buying planes because of what's happening in europe. >> i don't know about you, phil. my personal preference, i like my planes with newer engines. that's just me. phil lebeau, thank you very much. >> okay. >> all right. the s&p is up despite greece and spain and everything else. where will it end the year? up next, the strategist with the highest year end target for the s&p 500, why he sees a 20% pop by the end of the year. it's gone from bad to worse for nok nokia. big may layoffs. is this stock going to zero? we're going to ask an analyst. a lot more to do. stick around.

[ creaking ] [ male announcer ] trophies and awards lift you up. but they can also hold you back. unless you ask, what's next? [ zapping ] [ clang ] this is the next level of performance. the next level of innovation. the next rx. the all-new f sport. this is the pursuit of perfection.

s&p 500 currently sitting around 1325. actually, to be exact, 1325. a wall streeter says the index will jump to 1600 by year's en. that's another 20% pop from here. how do we get there? bring in the man that made that bold call. barry, i'm going to throw it at you. how do we get to 1600? >> well, it is not really a

reach. 14.5 times forward and trailing earning by year end. i know the quality of earning is low assisted by government deficits and the fed but any confidence that the quality is maintained would give you a pop. >> all right. well, you just heard us have a conversation about europe. doesn't sound like you're that concerned that, you know, the european problems are going to wipe out earnings on the s&p, thus compress multiples and send the market down. >> well, there are some large cap and stocks in the u.s. that have too much international exposure and technology has a lot of exposure, for example, and aware of that. currency translation gains which is the translation of foreign profits to domestic is going to come down slightly but again a lot of that's discounted in the market and people on the sidelines. we know it's a training range market. on the sidelines and a training range, you have to get in all at once on the news and why not preposition for the most likely outcome? >> i'll ask the same question

that i asked a moment ago. do you believe the worst out of europe is priced in to u.s. equities? >> germany is holding out for the best deflationary solution they can get. they want to lower the living standards. germany doesn't want to inflate the way the parody so germany knows that taking in to the brink is only way to extract a powerful position. they'll do that, wait for the election and then they'll announce probably a banking union. >> what's out there on the horizon to convince you to change the target to the downside? what worries you the most right now, barry? >> well, you know, germany is brilliant domestic policy and didn't make a good foreign policy decision in 100 years so i worry a little bit about the breakup of the euro as an unexpected outcome but i've seen it cost $1.6 trillion to break it up. and as you know, from dealing

with bad debtors, usually you get your money back keeping them alive. kill them off and take possession of the assets, you don't get anything and this is unsecured lending. >> tech led us this year. naz dk's up nearly 9%. will tech lead us for the rest of the year? >> well, you bet that in the second half at some point the banks will ring the bell at the top. the banks are the ultimate play on deflation and reinflation. if you get any confidence in reflation without worrying about default, you want the banks. i predict the financials lead the market to the high and that's value but we still like growth at the core thinking that pes are too low. >> barry, i have a feeling to see you again. thank you. have a great day. >> okay. >> all right joo. just ahead, zombie apocalypse. how a small town was punked by the promise of a brand new taco bell. cooking up bacon news.

this one with a cherry on top? jane? >> i'm melting. it's all about the bacon. up next, a live taste test of may be the most outrageous bacon-related food item yet. mayor bloomberg, turn away. ttd#: 1-800-345-2550

ttd#: 1-800-345-2550 let's talk about how some companies like to get between ttd#: 1-800-345-2550 you and your money. ttd#: 1-800-345-2550 at charles schwab, we believe your money should be available ttd#: 1-800-345-2550 to you whenever and wherever you want. ttd#: 1-800-345-2550 which is why we rebate every atm fee worldwide. ttd#: 1-800-345-2550 and why our mobile app lets you transfer funds, ttd#: 1-800-345-2550 execute trades, even deposit checks just by ttd#: 1-800-345-2550 taking a picture, right from your phone. ttd#: 1-800-345-2550 so talk to chuck and put those barriers behind you. ttd#: 1-800-345-2550

wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ]

welcome welcome back. brian shactman here at the markets desk. look at an intraday chart of huntsman. boom, 5% to the upside. reuters reporting that it's a top private equity firms for bidding for the company. they're contacted. according to reuters. that chart, bri, interesting to look at from the stock pop. a stock up 20% plus year to date and year to year basis, down 30%. i'm interested to see the premium is in this stock and the founder, the father of the former presidential candidate jon huntsman. >> look at the stock move. brian, thank you very much. we have bad new tons bacon front. smithfield foods shares roasted. down over 6%.

49 cents share last quarter and then shy of the forecast. smithfield said it was hurt by lower than expected margins in the pork business. smithfield disappointing. but do not worry, america. there's pork news to cheer about today. burger king betting big on bacon. jane wells is back and ready to taste test bk's new bacon sundae. take it away, jane. >> brian, this hasn't worked out like i thought it would. we'll taste test it in a second. this is part of the menu expansion preparing to go public. if your two favorites are ice cream and bacon, why keep it apart? it's 510 calories, 61 grams of sugar, 18 grams of fat. compared to toer phenom of the year, the jack in the box bacon shake, 75 grams of sugar, 40

grams of fat, twice the fat. you'll recall a taste test on that. i was not a fan. but jack in the box and wouldn't break out numbers and part of a way to create buzz for the platform and burger king is creating buzz about other food items and about the brand as it -- all right, guys. abby, tyler. are we ready to try this? let's -- >> hmm. >> huh-uh. >> i'm not getting the saltiness. what do you think, abby? >> not bad. >> you like it better than you thought snuld. >> yeah. >> no. >> just kidding. >> what's wrong? >> the flavors are trying -- fighting with each other. >> the bacon is making a comeback. you know, brian -- i love bacon. >> anthony bourdaine. you were the one that wasn't going to like it. >> it wasn't that bad. i think -- >> yeah.

it's a huge mess. huge mess. that's part of it. >> you made the crack about new york. listen, we showed the calorie content. >> i like it. >> here's bottom line. my hagt and weight, 30 minutes of reasonably intense jogging. right? so it worth three minutes of bacon love, is that worth 30 minutes of hitting the sidewalk with shoes on? >> depends on how much you love bacon. for me, bacon is 3 1/2 hours of triathelon. my operation we move muffin top will have to tart tomorrow. >> if you go 500 calories, make it count. i take a dq blizzard over a bacon sundae in a heart beat. it's just wrong. it is like -- >> it's breakfast and dessert. that's wrong. >> you should never mix -- >> salt and sugar. and you would think that would work. and -- >> no shot. >> i'm still eating it. i'm still eating it.

that's the bottom line. i don't know and i'm eating. >> we have apparently sent an intern out to purchase some of that product for ourselves. so we'll do a little private test taste later. i'll jog home. jane wells -- >> i can't figure it out. >> abby, thank you very much and i'll be interested to see -- on twitter if you finish it. >> everything but the bacon is good. >> defeats the purpose, tyler. then it's just a sundae. >> yeah. only thing makes it different. >> regular sundaes are great. >> thank you. i'm waiting for the sizzling sundae. let's stay on grub street right now. another sad story. a taco bell hoax breaking hearts in alaska. the town of bethel thought they were getting the area's first taco bell. we mean within a 400-mile radius. they were hiring fliers all over town. turns out it was just a bizarre and some might argue sick joke.

the company has no plans of a location there. bethel, 350 miles west of anchorage. you can only get there by boat or plane. so for now, residents will have to jump on a prop job to make a run for the border. all right. the markets doing well. near session highs. despite all of the european concerns, not up triple digits on the dow but close. coming up next, why herb says the sharks are circling one big name in trucking. that name and his argument ahead. and the only father's day gift you may ever need. plus, nike really has been stuck in neutral few months. could a certain tiger put a little extra juice in its tank? we'll find out. "street signs" will be back in a moment.

looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity.

all all right. welcome back. mandy co-hosting "closing bell"

today so we have herb with us. good to see you, buddy. pier 1, stock 1. raising the outtook. the stock popping today up almost 5%. did you own or own it? >> i have not. >> look at that. >> do you think -- you put the two and two together. but no, i have not. >> i can see you in that chair. >> i can't. >> hey, pier 1. come down off the highs. stock two, international game technology. i know how much you love buybacks, herb. that is buyback story. the stock up 12.5%. $1 billion buyback. they have had a tough 12 months. what do you think? >>back is working? >> you know last year they spent $500 million buying back stock at an average of $15 a share. there you have it. >> there you have it. stock three, bad day for korn ferry. earnings out there morning. higher costs eating in to

earnings. they fell 41%. ubs cutting the target. still upside and cut the price target. >> i have no opinion on it. >> no? >> no, none. >> mark this down in the history of "street signs." stock four. may be a -- citi upgrading the rating on the best buy stock. the stock's declining value is actually making it more attractive. up 1.8%, down more than 15%. just a fair disclosure this was my draft pick in the nfl pick. >> this morning, i first tweeted out this is absolutely ridiculous. there should not be neutrals anymore. >> watch out. >> there should be nothing more than an own, don't own. something like that. you come out -- >> how many seconds? >> literally -- what time was this? 4:30 in the morning? >> first welcome, jim. what did we say that made you --

>> i have the pier 1 chair. i have it at ocean grove. you can fall -- i have it with blue. i don't have the tiger stripe. it is so comfortable and alex smith done an amazing job with that company. it's up over 1,000% and everyone should go try that chair. it is comfy as all get out. >> this is a company on the edge of disaster. >> saved it. thank you. thank you. >> so he was -- >> a total buy. not a don't buy. it was a buy. >> a wall of fame of ceos he is a short list candidate. >> i said do you think this guy knows greece? greece? spain? >> isn't that where -- >> the top of your show. source in east asia. i have to tell you -- >> go ahead. >> what's the matter? >> what were you going to say? >> there are companies out there, this is the top of "mad money" tonight. companies now saying to me kind of what you said at the top of the show. trying to relate what goes on in greece in my business. i'm rocking my brain.

can you figure out why my business will go bad because of spain? what are you looking at me like -- >> i feel like a total diversion is going on. the reason -- talking about -- >> put on a tie and take you seriously. >> the reality is i have a stock rating system i came out as a result of that. you don't want to talk about. >> i don't want to interrupt. >> what i've done is come out and basically said -- >> looblg at how great the crew is. >> where did you get that? >> that's kareem and kyle. >> this is in my place. this thing is fabulous, man. >> none of this is planned. >> where did you get this thing? >> we had it. i recommend pier 1 all the time. >> yeah. >> i recommend it. i have a rating systems called buy, hold and sell and it's worked good for generations and somebody new comes in and says -- >> i want to say this. >> hold on.

>> what? >> if you hijack the show which is fine -- >> hardly true. i'm just taking a darn nap. >> i'll hijack the show. let me set it up. >> that's like smuggling cigarettes in a truck. >> here we go. here's the story, folks. herb wrote today that he thinks that analysts are wrong -- i'm putting it nicely to have a buy, hold, sell rating system. herb's view and i think your word was, neutral is chicken. have commitment. >> it is like being in the holding pattern. >> you took umbrage. >> i did. not talking about prind l. do you know what prindle is? >> you have a good time. >> park, reverse, neutral, drive. you don't know what that is. >> when i see a company come out and -- >> very comfortable. >> when a company says sell to neutral, it's no sense to me. one rating system, very easy. own, don't own. nothing in between. >> you were talking about nike. nike being stalled.

do you -- >> i can't get out. >> do you switch to don't own? how about a neutral? until we -- this isn't an own, a don't own? stocks are just okay. >> you don't have to say anything. >> this is like a grandmother. nothing to say, don't say anything? >> could you have a neutral if i own a stock because, you know, i know we're like the at&t cell phone signal thing. >> lost three inches since i started here. >> a stock to inherit, right? not one you picked out yors and you get it through a trust or whatever it might be and think the company is good long-term outlooks and then could be tough. wouldn't that be a neutral? >> no. >> you didn't select it yourself. >> that's a good example, right? >> may be for tax reasons. >> not navistaff. it's cummins. chi china's slowing down. >> if you're an analyst -- >> it's fine. don't do anything.

>> you own it. >> you hear of churning? >> own it or don't own. why in the middle? >> because there's people that own stocks where you don't want do go tell -- don't own is sell. >> you don't say anything. >> you can't adopt some sort of like don't ask, don't tell stock -- >> first, though, you are in the middle right now of this argument. i'll argue that wall street -- >> don't ask me. i won't tell you. >> remember now it used to be and now an overweight, underweight. >> i don't like that. yes. >> to me, that's chicken. what does that mean? >> that's -- >> we know. >> someone's trying to -- they want to beat the benchmark right now. >> what's the benchmark? >> 17% of tech and the s&p is tech. going to 8% and then dramatically underweighted tech and overweight health care. it's weightings and what they own and a great way to be able to say, look, i can beat the s&p by 1% little less tech and more

finance. like a big paortfolio. go own mcdonald's. don't own for you and then goldman downgraded it at 85 don't own. to me it was like, own. >> the greenberg stock rating system is own, don't own. >> underweight. overweight. market perform. >> there you go. >> fifth thing. navistar, the sharks are circling. what is your take? maybe jim has a take. >> oh, oh -- i'm sorry. >> no. we touched on it yesterday talking about the sharks circling the company. >> that is a great piece. >> we have the -- >> great piece. >> a piece on cnbc. >> have you looked at page 25 of that -- >> thank you. this is a slide. >> look at the stock going higher. why? everyone's decided to -- that's another one of those stupid things. risk on. risk. >> i have never said that, by the way. >> i know you haven't. you know how stupid it is.

stocks is risky. cash is not risk. what does that mean? that's some portfolio -- >> bacon sundae it's a sell, sell, sell. kichan people say is buying. they didn't get the certification. >> oh, oh. ceo has a great incentive to sell the company. if there's a change of control, he gets $18 million. if there's no change -- >> got to go. quickly, when's on "mad money" tonight? >> spectra energy. you see cuomo getting the southern tier of new york. they get marcellus gas and shipping it out of canada to asia. this is a company that understands the revolution of fracking which is a dirty word enthat's ridiculous. >> thank you thank you. >> thank you. thank you for the chair. herb, i won't touch you again. >> thank you.

>> herb's perking up a disaster of his favorite joe and a top analyst if there's anything to save nokia or if the stock can go to zero. we'll find out coming up. [ male announcer ] citi turns 200 this year. so why exactly should that be of any interest to you? well, in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. like the transatlantic cable that connected continents. and the panama canal that made our world a smaller place. we supported the marshall plan that helped europe regain its strength. and pioneered the atm, so you can get cash when you want it. it's been our privilege to back ideas like these, and the leaders behind them. so why should our anniversary matter to you? because for 200 years, we've been helping people and their ideas move from ambition to achievement.

and the next great idea could be yours. ♪ like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering, web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. in here, great food demands a great presentation. so at&t showed corporate caterers how to better collaborate by using a mobile solution, in a whole new way. using real-time photo sharing abilities, they can create and maintain high standards, from kitchen to table. this technology allows us to collaborate with our drivers

to make a better experience for our customers. [ male announcer ] it's a network of possibilities -- helping you do what you do... even better. ♪

coming up at the top of the hour, foreclosures spiked last month s. that a horror story for the housing comeback or actually a healthy sign? we have a look at that. plus we have a guest who says president obama's auto industry bailout accomplished nothing more than wasting $23 billion taxpayer dollars. we have both sides of that irns. c alpers lost almost 5% of its value this year. laying out the comeback strategy coming up on the closing bell. mandy's with me today, as you know, brian. >> thank you very much. all right. we have to talk about nokia. the tough times continue. nokia announcing today it plans to cut 10,000 more jobs, close 3 factories, the stock is now at $2.39. robert w. baird downgrading the rating saying the company is

survival is now threatened. the analyst that made that call joining us now, will power. thank you for joining us on "street signs." the cash position as you note in your note is very distressing. they're burning cash. some point the cash burn will end either way if you sort of get where i'm going with this. >> well, right. good afternoon. i think you should note that with the sharks circling navistar and right now nokia up and rim are the chum and it's apple and android circling and attacking and i think our concern is that the market share losses are not just getting worse and steepening. i think it's a very difficult turnaround for them at this point. similar to rim, i think it's the too little too late with windows. >> very difficult turnaround. is there a chance it goes to zero? a chance nokia goes away? >> yeah. no. i think there's a very real chance of that. when all is said and done. look at the stock here today,

you have got steep revenue declines and taking actions to cut costs the try to offset that, it's very difficult to be able to cut costs fast enough and invest in future initiatives to reinvigorate and you're looking at the cash balance and start to decline. >> any chance it's -- i have to go. any chance it's bought? samsung to the rescue? >> i don't think so. i don't think microsoft wants to be a hardware player. >> we have to cut it short. thank you very much for joining us. appreciate it. >> also the ceo on the list of worse going in to the year. he is in the running. >> comfort with microsoft. you think that clouded him a little bit? as a former microsoft guy. >> no. yeah possibly. >> concise answer. all right. green mountain on the disaster menu again. >> a slowdown in office sales and some nonlicensed manufacturers have locked in orders to office clients. as i mentioned previously, even

here at cnbc, it's going aggressively after the office markets. you have a lot going on. remember the k-cup is starting to come off patent and seeing people come in and just start creating these things. >> and will power thinking it could go away. thank you. up next, golf ready to get back on the tiger bandwagon. is the tiger of old back and will it drive nike shares higher in stick around. [ male announcer ] at scottrade,

you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... all ] i'm with scottrade.

welcome welcome back to "street signs." cramer just mentioned kummins. i want to kmengs the comments getting dragged down by both of these news signs. a lot of negative head wind in the last hour and a half. >> thank you very much. all right, is tiger woods back? we are talking about if tiger can get 15 this weekend on the us open which you can watch on

nbc. >> he is now two under through 15, tied for second place, and fill and bubba are not doing so well. 22% of the money, one sports book told me was bet on tiger to win. bay hill and memorial, tv ratings up huge for the memorial, and he missed a cut and had two tie for 40th. so we're saying is he back? can he boost nike's stock? their at $21 billion, so we're talking about 3%. so the key question is, do you think if he wins he boosts sales of the brand at large beyond nick key large, then we could see a blip there. >> people tune in, reinterested in golf. let's talk more about that angle

as well. managing director at stern, a tiger move the needle for nick key. >> good afternoon, thank you for having me. it certainly doesn't hurt, being on the top of the leader board doesn't hurt, but it's a very small part of their business. i think nike going forward is with the olympics and the footwear and apparel. >> but don't use tiger as the catalyst? even if he crushes the field by 20 strokes? >> it would help, but i don't think so. >> and what do you see the

olympics will have as an effect on nike. >> nike came out as the lunar glide shoe. there is loss of newness in nike plus baseball and basketball. i think all of the things are very positive, but the opportunity for growth, that's really going to come down the road. but the effect of having people focussed on sport with all the new color and technologies out there is positive for nike going forward. >> i think most only is it comfort, but it's one piece so you don't have the adhesives and the glue -- >> i think the big story about that will be a few years from now with a real customization,

but they will be able to take a picture of your foot, and they will make it to fit. and it's a very customizable model. that's probably a year and a half away. >> we have to go, thank you. >> quickly, lance armstrong, who cares what i think, my thing is leave him alone, taxpayer funded money going after him again. the guy survived cancer, who cares, that's my take. >> people say you want to go after a cheater and search for the truth? what does this do, what does this benefit? i'm one of those people that says come on, jest let this go, this is not a overall good. >> taxpayer money, he is a hero

to people with and without cancer. he is a hero, leave him alone. >> up next, a tasty sign of the zombie apocalypse. the road ♪

call it m