appointing jeff smith as its chairman and named chief operating officer jim lee as its interim ceo, replacingis. darden shares up about 1.25% as jeffrey smith of starboard value takes over as chairman and gene lee as interim ceo. >> a score for the activists. >>> up next, an upgrade during an upgrade cycle. apple's price target up by credit suisse ahead of the company's big product unveil on thursday. should you with a buyer before the event? we'll talk to the analyst who upgraded it, next. twhat do i do?. you need to catch the 4:10 huh? the equipment tracking system will get you to the loading dock. ♪ there should be a truck leaving now. i got it. now jump off the bridge. what? in 3...2...1... are you kidding me? go. right on time. right now, over 20,000 trains are running reliably. we call that predictable. thrillingly predictable. ghave a nice flight!r bag right here. traveling can feel like one big mystery. you're never quite sure what is coming your way. but when you've got an entire company who knows that the most on-time flights are nothing if we can't get your things there too. it's n

panel includes lee kuperman, jim chanos, robert capito.a moment. >> good morning. i hate to start out by disappointing you, but i'm going to get to that at the end as opposed to the beginning. to me, asking for my best ideas is like asking which of my children, grandchildren or daughters-in-law i love the most. since i love them all i have to play a little bit by different rules. but i want to set a table. because over the years we've learned the expression that the bull markets, who needs analysts, bear markets, who needs stocks? receiving tide lowers all the ships. let me tell you the environment i foresee. then i'll get into what i think makes the most sense. i would call myself moderately, underline the word moderately, constructive about the u.s. market. the answer, why? number one, we do not have a recession in our forecast horizon. typically bear markets precede recessions. secondly, to say -- it would be modest to say we have extraordinarily accommodative monetary policy, plus with a more active third, valuations are very reasonabl

when ford unveiled the f 150 jim far lee was there and he was asked about the negotiations saying look offer we've ever made. it is true. probably the most gm and stellantis have made in terms of offers too. but they're coming off record profits. from the union perspective, that's great, but we think we should get more. and jim farley said there is a limit. i don't know if they're there. we'll see what happens in the next 37 hours. >> phil lebeau, keep us posted. >>> it relates to the inflation data today because the fed has to be watching this. if we get a prolonged strike that could have implications for the supply chain and worry about inflation which they're just starting to beat down. we know that new and used car prices have been an issue before. bank of america put out a note saying they don't believe it's a problem, any risk to inflation is limited. this is interesting, ghes ik suppldes domestic suppliers have supply so they don't think there's a big impact. they do see it as a hit to gdp as the strike goes on. >> they've talked to all three automaker saying stay at the table.

melissa lee, jim, back to you. >> thank you, rick santelli.another concern here in the market, some of these medicaid insurers, especially after the wellpoint/amerigroup deal. goldman sachs saying they expect more consolidation in the industry in order to get at this dual-eligible market, those who are eligible for medicaid as well as medicare, and they're saying these medicaid insurers have the best chances but you need deep pockets in order to do that, and that will push them to link up with bigger insurers out there. there are price targets on sentine as well as molina. we saw those both rise in the back of that deal. today they are up once again on this goldman note. >> they have become great traders. it's so funny, these are the big movers. these have historically been just companies that kind of went up over time. i think that people also have to remember, these are employment plays. a lot of these companies need growth. >> that's true. >> in employment in order to give a sustained pattern, not just the medical loss ratio and not just th

i'm melissa lee, jim cramer, carl quintanilla. there is a disappointing jobs report and qe 3 is back on the table. dow jones down 115 points right now. today's road map, carl? >> it's a case of the mondays with futures pointing to a big selloff. is this the pause that refreshes the market or a beginning of a stumble in the economy like we saw last spring? >> and apple gets a downgrade. >> meantime, aol has cash be. shares seeing a monster pop, up about 39% premarket. >> and avon has a new chief. the stock had the best week since 1989. wow. >> the market is getting a chance to react to the less than stellar economy. obviously much fewer than expected. the unemployment rate dropping to 8.2% suggests that the recovery remains trepid and could lead to new rounds of quantitative easing. you learned us that the market would see turbulence this morning because we had no opportunity to respond on friday. >> look, i wanted very much for the jobs report to come out thursday. we're an automated society other than the labor department. people

i'm david faber along with melissa lee. jim and carl have the day off.tock markets are open despite the holiday. bond markets are closed. let's look at the futures, europe also kind of mixed. you can see the ftse is the one loser of any real extent and both up this morning crude oil, it is still hanging in there right below that $50 mark, of course and there's brent crude as well. let's get to the road map. it does start with that market coming off a record breaking rally. the question of course, will it continue >> and big changes at ge the new ceo making his mark on the company as a new investor joins the board. >> a nail in the could have infor tax reform a top gop senator warns that president trump threatens world war iii. >> the markets looking to continue its record run with the dow and s&p in the midst of a four-week winning streak but technology closing on friday at the new record high. bar beingiring a large sell-offe trump dow rally ochb track to surpass the 23.3% gain posted in the year following the election of george herbert walker bush. one

i'm carl quintanilla, melissa lee, jim cramer. faber is on assignment, he will interviewing me whitman tomorrow from hewlett-packard at this time. futures do suggest that yesterday's rocky ride is not quite over yet. jobless claims and cpi pretty mild a lot more data in an hour. eurozone pmis no good. further declines for february, red arrows there china drains a record amount of cash for the week from its banking system. after the second worst day of the year, is the selloff just beginning and is this the pause buy verse been begging for? we will turn to cramer for answers. >> consumers are finally start to spend now that the tax refund checks are coming in. why is the guide cans below forecasts? >> not one but two firms raise third price target on google, $1,000, we will talk to one of the analysts behind the call coming up. the tech giant toying with a chrome touch screen and trying to make its google glasses more stylish. >> david einhorn hosts a conference call with am shareholders at 2:00 eastern time. he is going to explain

i'm carl quintanilla, with melissa lee, jim cramer is here, and david faber. europe stabilizing as service pmi showing overall slowing of contraction. in china, services pmi accelerating to 54. as markets climb back from the s&p's worst day since november, is today's market going to demonstrate investors' willingness to buy the shallowest of dips. >> the business that accounts for half of sales down 6% for the recent quarter. >> justice department's lawsuit raising all kinds of questions. is this payback for downgrading the sovereign debt? >> and will today bring news of a dell lbo, and if it happens, what is the effect on equity markets, credit markets, the pc sector and michael dell himself. >> we start with the markets today. futures off the highs of the morning. the biggest decline of the year so far. s&p fell back below 1,500. the markets topped out, or is there more room to run for the bulls. jim is back from new orleans and other exotic locales. >> oh, yeah. >> good to have you back. >> thank you, carl, good to be back. >> are we in a new kind of enviro

i'm carl quintanilla with melissa lee, jim cramer, david faber. as you can see once again, down triple digits. a lot of news out of europe today as attention turns to greece and parliamentary vote there regarding austerity measures later on. democrats gaining seats in the senate. republicans maintaining control of the house. >> the issues that were a tossup are now certainties. we'll get cramer's take on how to align your portfolio right now. >> ecb president saying the euro crisis is hitting europe's strongest country. >> we're on storm watch in the northeast once again. airlines canceling flights with american airlines shutting down in new york this afternoon. >> of course we begin with last night's election. the president winning a second term defeating gop challenger mitt romney. it was battleground state ohio that put the president over the top. it was status quo election. democrats keeping control of the senate. republicans, the house. in his victory speech, the president outlined some of what he hopes to accomplish early in his next term. >

i'm carl quintanilla with melissa lee, jim cramer. pandit is resigning effective immediately. he's being succeeded by michael corbat who previously served as citigroup of europe. the changes come one day after citi's earnings beat expectation in a conference call which, of course, jim said absolutely nothing about this. >> no. this was the first quarter that was the break out quarter for international. first time that i felt that the company had put a lot of its problems behind it. best knit interest margin. we only had a couple of banks report. people are trying to present this this was logical, this was in the works. this was the least logical, least in the works. corbat terrific. he ran holdings. 48 hours did we know this? i don't know. i got to tell you that the people that i talked to at citi, to say not in the works is being underplayed. >> there's shock at least among a handful of people who i talk to regularly at senior who are senior but no way aware of this. they are shocked. they heard it about an hour prior to the announcement being put out there. and, you know, it

welcome to "squawk on the street" on carl carl quintanilla along with jim cramer. melissa lees off. faber is basking in the glow, i guess. >> just talk about going against watson and ken jennings. ease up. >> eating peeled grapes, something like. that faber is going to call in. futures are holding steady here this morning. rather stable action here in the states after nine out of ten losses for the dow. housing starts up. a fall in permits. actually in europe though a little more volatile. greece calls for elections on june 17th. road map for a wednesday. there is a sale at penneys too bad it's on the stock. target, meantime, posed the best same-store sales in six years. more facebook investors want to sell. the company boosts the ipo offer by 25%. just as gm says advertising on that site does not work. speaking of gm, buffet buys ten million shares of the automaker. what other name does he like? we'll run down the list. and with elections a month away, will europe be in limbo for the next four weeks? cramer will explain how europe will effect these markets. >> well, i have to

i'm carl quintanilla with melissa lee, jim cramer and david faber.on the dow yesterday mostly on continued worries from europe. more political chaos in italy. the five-year bond yield there the highest since october and take a look at what europe is doing this morning all of those overshadowing the modest gains in asia that we saw overnight. let's get to the road map this morning and it starts with our own markets despite flirting with the record high in the s&p and are we in danger with the quarter end just two days away. >> italy's attempts to form a government fatters once again. no wonder eurozone falters since october. >> this time from credit suisse who moves more than $100 to $942 and the company giving google glasses to 800 contest winners. >> even as it admits it's likely to lose money as a result of the foreign bribery allegations in mexico. >> stocks did rebound yesterday and put the s&p within two points of its all-time closing high and the dow with another record high. if the blue chips can add another 111 points this week will dow will

i'm carl quintanilla with melissa lee, jim cramer, david faber. busy friday taking shape. gdp above consensus. futures are mixed but well off lows as joe said. we're down 80 almost currently down seven on the dow. continued concern about the european economy have red arrows there although a couple green ones in france and germany. road map starts in cupertino, california, where apple earnings missed. gross margins fell and the stock is moderately higher. we'll go through positives and negatives of a controversial quarter. >> amazon posted first loss in a decade with operating expenses up 28%. higher as well premarket. are investors too nervous to short those names in the holiday season? >> broad market is lower despite the gdp number. we'll get the view. >>> bombshell ticktock in "the new york times." >>> futures off the lows after the release of the final -- preliminary hearing gdp report from before the presidential election. data showing the economy grew 2% in the third quarter. that's above expectations and up from 1.3 we saw in q-2. numbers were boosted by consumer sp

i'm carl quintanilla, with melissa lee, jim cramer and david faber here. five-year highs last week, europe had strong investor confidence numbers in germany. but actually, was disappointed in the bank of japan. which we'll wait until next year before it targets a new inflation rate of 2%. our road map begins with what cramer calls the most important earnings week of the year for the quarter at least. a parade of dow components starting with verizon. a 12 cents miss dragged down by superstorm sandy. >> dupont 2013, a cautious year with the slow growth world economy. how worrisome are those comments from the economic bellwether. >> j & j exceeds estimates. the full year forecast a bit below the streets, as investors pay close attention to new ceo alex gorsky. >>> the dow component reporting fourth quarter numbers of 38 cents. that was well below estimates. verizon said the results were impacted by superstorm sandy. we're just getting details now, david, on activations on things like the iphone, 6.2 million, not too shabby. >> the problem was not necessarily

i'm carl quintanilla, with melissa lee, jim cramer and david faber at the new york stock exchange. ism services tomorrow. nonfarm payroll on friday. got some selling in europe. general softness. some of that fed by shanghai overnight down 3.7%. the worst session in the year and a half as the chinese government announces new restrictions in taxes to clamp down on real estate prices over there. in asia, the hang sang, look at the nikkei, pretty nice day. >>> road map for this monday morning starts off with warren buffett. three hours of conversation with our own becky quick. the oracle weighs in on stocks. sequester, housing, and what apple should do with the cash. >>> more signals of slowing growth. two big stories in the newspapers about how companies aren't adding jobs, and the rich are the only consumers spending money. >>> barclays saying markets underestimating the value of the stakes in alibaba and japan. the company says it will no longer support the blackberry 10. is that product in trouble. >>> samsung releases a teaser video for the galaxy s-4, or as cramer calls it, the g

i'm carl quintanilla with melissa lee, jim cramer, david faber back at h.q. what a night for adele last night at the grammys. a lot of hesitancy about what may happen next in greece. big meetings with the finance ministers and with that europe is hanging up to some big numbers. >> the roadmap starts with greece. the parliament overwhelmingly approving deep austerity measures, including a 22% cut to minimum wages and 150,000 layoffs over the next three years. finance ministers will be meeting later this week to approve a bailout. >> the gains made on the greek news and in corporate earnings, could we be laying the groundwork for the dow's run to 15,000. there could be a 50/50 chance of dow at 17,000 by 2014. >> apple 500 market watch continues. it continues to battle samsung with a new attempt to block the new galaxy nexus handset, the most credible threat so far to the iphone. >> and average price a gallon, $3.51. up 11 cents and we're not even anywhere close to summer driving season with crude testing $100 a barrel, geopolitical concerns, could prices go eve

i'm carl quintanilla with melissa lee, jim cramer and david faber here at the new york stock exchange. retail sales out about 30 minutes ago, up half a percent in december. europe also fighting off the blues this morning, as germany has some lower than expected estimates, fourth quarter gdp. our road map begins with a warning this morning from fitch. that the u.s. could lose its top credit rating again if there's a delay in raising the debt ceiling. fitch said the pressure on the aaa is, if anything, increasing. >>> we are four hours away from facebook's secret announcement in menlo park. so far, the guesses range from a facebook search engine to a facebook phone. would either product help lift the stock back with a high water mark. >>> the debate kicks off whether dell can, a, raise the money to go private, and b, reinvent itself without going through cash flow. the journal said the talks have been serious for weeks. >>> lululemon doing a downward dog this morning. raises guidance but not enough to impress investors. >>> the battle over the debt ceiling has warranted a warning from f

i'm carl quintanilla with melissa lee, jim cramer and david faber. a lot has gone into making this morning happen as we look at futures higher today. nyse loaded fuel trucks, run tests, had the staff sleep here overnight. it is confident in a full session here today. europe advancing as well. data from that side of the atlantic. the real story is going to be whether the markets trade normally today and how they absorb corporate news over the next 24 hours. >> the percentage of corporate news that is good versus bad is remarkable. dow stocks doing something that someone feel is a deal that worked. pbh in a deal that extends the calvin klein brand. in europe, bp reporting a good number. big cap names that did a lot of good. >> we also have kay shiller coming in with home prices at the highest level since september 2010. ford and gm beat. in terms of pent-up demand, the vibe is higher. to your point on whether trading will resume normally, i talked to traders yesterday. they said it could be dipping your toe in the water meaning volume is light in the b

tom lee this morning, jim, fo formerly of jpmorgan said day-to-day this looks like a growth scare, the of a v a v-shaped recovery goes higher. does that ring true to you? >> on f.a.n.g., ever since the fed decided to tighten, i have been more negative on f.a.n.g. negative on a lot of things because i think the fed has to get away from that rate hike. could it broaden here? i think the u.s. is doing well but it's such -- it hasn't mattered. i'm cognizant, maybe today it matters on a trading bounce. but until the fed comes out and says we see tremendous deflation, we don't need to do anything other than go back to the data dependent way, if they did that, we would see oil stabilize and china stabilize, that would be very, very bullish. f.a.n.g., my travel trust owns alphabet and facebook. facebook is not that expensive but on 2018 numbers. alphabet is not that expensive now. next year it will be almost at a market multiple, which is extraordinary give than ruth po porat came in and kicked some butt. this company is brought down by the notion that everything is over. i think alphabet, goo

i'm carl quintanilla live with melissa lee, jim cramer and david faber. nice start to the second quarter after a monster first quarter. some concerns in europe, though, a lot of data coming out, ppi easing a bit, inflation easing. spanish yields ticking up the ten-year there at 5.4%. >>> gene munster, the most influential analyst on apple ups his price target and builds a case for $1,000 a share by the year 2014. we'll talk to him live at 10:00 a.m. >> groupon's troubles worsen as "the journal" says the s.e.c. is looking into the numbers. >> another setback for james murdoch. he steps down as chairman of bskyb. is news corp getting closer to closing a chapt her. >>> and ed lazear says this may be the first recession that doesn't rebound to long-term average growth. >>> pg&e raised its price target on apple to $910. it will be the first market cap company. gene munster will be joining us at the top of the 10 a.m. hour. it looks like apple is set to hope at a fresh record high. yesterday we were mocking the wall street firm that came out with the $1,001 pri

i'm carl quintanilla with melissa lee, jim cramer and david faber live at the new york stock exchange. this morning, the dow will open above 13,000 for the first time since may of 2008. also we're a little more than 13 points away from nasdaq 3,000. you always have to have a target. >> always. goals in life. >> round numbers. >> there's a look at futures today. a lot to talk about relative to the easy money coming out of europe. modest up open here. and europe is mixed for the time being. although for the year to date, still hanging on to good gains. ftse up 6%, dax up and cac as well. >>> let's hit the roadmap. can the dow stay above 13,000? the last leap say, the dow lost 315 points. >> fed chief ben bernanke heads to the hill to give his testimony. how will he respond to questions on gas prices, manufacturing, employment and stocks? >> and the ecb's second low-cost loan program. 529.5 billion euros borrowed by 800 lenders. >> apple set to open north of $500 billion in market cap today. can the buzz around the launch of the ipad 3 next week keep the stock up or will the law of large

i'm carl quintanilla with melissa lee, jim cramer, david faber live at the new york stock exchange.arkets settling in. it's going to be a big week on both the domestic and international fronts. right now tacking on a little more losses after a down week last week, the first down week for the dow in about three. as for europe, worries continue regarding the eu summit which we'll talk a little bit about in a moment. >> the supreme court, a decision on the affordable care act, also known as obamacare, could hit in an hour's time. the stakes are high for the obama administration, the elections, health care companies as well as corporate america. >> market seems skeptical this week's eu summit will amount to much. german officials knocking down the idea of eurozone debt as long as individual states decide on government spending. >> and what was behind the botched facebook ipo? well, overconfidence and arrogance on the part of nasdaq staffers. that's what the nasdaq ceo says. shares of facebook, just about five bucks away from the ipo price. >>> a decision could come as early as today on

i'm carl quintanilla with melissa lee, jim faber, jim cramer at the new york stock exchange.ally on our hands. whether that's about continued reaction to the meeting between the white house and congressional leaders on friday, maybe some hopes about finance ministers in april or hopes about what bernanke may say say tomorrow in new york. europe also on a tear. most of the major averages up 1% to 2% here as we await a big week in europe as well. we start with the markets. new optimism about the cliff. president obama in myanmar saying he's confident the fiscal situation will be dealt with hours after he hit the phones calling top ceos. >> lowe's shares on better than expected earnings. the results renewing hopes this morning about the housing recovery. >> international pressure mounts for israel and gaza to agree to a cease-fire after a weekend of air strikes leave a dozen dead and hundreds injured. brent continues to climb with gold going higher. >> the president and congress will strike a deal to restore the fiscal cliff. over the weekend in asia, the president said he's con

i'm carl, with melissa lee, jim cramer and david faber. we have earnings season officially under way. courtesy of alcoa, some pretty decent sentiment this morning. we'll talk about that with cramer in a moment. europe, numbers over there as well. germany industrial production did miss. green arrows across the board from london to paris to frankfurt. our road map kicks off with earnings season. europe is better than expected, but does this set the tone for the season with goldman predicting the s&p will be in a holding pattern for the first quarter. >> apple at the low end. the journal reporting a cheaper iphone may be in the works. is apple simply going to where the growth is, and a sign that margins may face more pressure? >> yet another setback for boeing and the 787. canceling a domestic flight after a computer erroneously signaled a brake problem. >> clearwire gets a bid. dish network offers 3.30 a share above sprint's offers. david faber has the details on this story. sending sprint lower in pre-market trade. >>> results from alcoa la

i'm carl quintanilla along with melissa lee, jim cramer, david faber live at the new york stock exchange. futures in the red on cautious commentary from some retailers. management shake-up at microsoft and weak german business sentiment and this prolonged spat between the eu and imf over how to reduce greek debt. a beat and raise for the quarter for home depot. >> the man in charge of whippedos eat leaves microsoft just weeks after the product launches. >> jcpenney hits new lows. investors have to recognize that jcp is really two companies. we'll hear what he told becky, andrew and joe. >> lockup of all facebook shares tomorrow. >> first up, shares of home depot rising in free market pchlt home improvement retailer earned 75% a share in the quarter. that beat estimates. home depot raising full-year guidance citing signs of recovery in if the housing market. jim, 4.2 on global comps. 4.3 in the u.s. frank referring to what he calls a healing in the u.s. housing market. >> he's remarkable. he's correctly been negative when it was right to be negative. he's now positive. i was most concerne

i'm melissa lee with jim cramer and david faber. carl has the morning off. the markets are adjusting a slight increase in jobless claims, and building permits rising to the highest level in four years. we are setting up for a higher open. s&p about, nasdaq looking at about 10. we do have pretty sharp gains in both italy as well as spain, seeing more than 1% increases. a road map for this morning. starts off with walmart. lukewarm guidance. are the best days over after a steep climb this year? >> a massive dividend hike, sending cisco shares higher, the company sounding more optimistic, but does it focus on capital returns signal slowing growth? >> today is the day facebook's first lockup expiration is here, potentially sending 10% of its hope to the market. we are tracking the fb trade. >> and a microphone always helps me. appletv, more than a settop box? we'll have the latest. >>> let's start off with walmart. at the dow component offering beating the street by a penny, revenues coming in a by shy of analyst estimates. the retail giant also raising full-yea

i'm carl with melissa lee, jim cramer, david faber. markets are awaiting the fed's decision on interest rates this afternoon and in the meantime, chewing on wholesale prices jumped the most in three years. 17 in august. gas prices largely to blame. europe, some losses there centered mostly in spain although italian bond yields coming down sharply. road map is morning begins at the fed. will bernanke give the markets qe3 and how long rates will remain low at the feds press conference today. >> some say it's a significant redesign. others say it's a sleeper. whatever you think of the iphone 5, it's keeping apple shares moving higher. >> number of big downgrades this morning. citi cutting ratings on intel. amd says pcs are losing the battle against tablets and smart phones. >> and a very special guest. the ceo of j. crew. of course, we start this morning with the fed. markets looking to open higher ahead of the fed's late es monetary policy meeting. the fed will announce a decision at 12:15 p.m. eastern time. and this is large lly a wait

i'm carl quintanilla, melissa lee, jim cramer, david faber. we begin 89 points from the all-time closing high. just this side of positive and chicago pmi on the way. europe has gains this morning. tokyo rebounded along with the rest of asia. china pmi is out tonight. >> our road map this morning starts with what could be a record-setting day. as carl mentioned, the dow just 89 points away from its all-time high, sit a day away from the potential sequester cuts kicking n >> the bleeding continues at jc penney. sales down a whopping 28% from the holiday quarter. how much time does ron johnson have to turn things around in the stock down 40% since they took over? >> speak of bloodbaths, group reason shares taking a dive on its much, much wider quarterly loss. analysts not betting on the company being able to outage zohn amazon on its new strat joif selling goods. >>> we begin with the dow taking aim at record territory after a second consecutive triple digit gape. the blue chips now less than 20 points from their all-time closing high setback on

melissa lee, jim cramer, david faber. good morning to you. take a look at futures. we continue to wrestle with some critical levels here. s&p around 1500. the nasdaq is at 3,000. joe, of course, mentioned the some of the pressure that we may get from mcdonald's on the dow. europe a little bit more pressure, after a few good days. stemming from a bit of negative outlook on the s&p based on greece. >> this road map this morning takes us back to cramer's market. >> plenty of macro worries. priceline said that europe is weak and is going to get worst. >> big day here for retail results. ralph lauren's forecast is more consecutive. >> and starbucks switching its credit card payment to square. >>> as we mentioned, futures are signalling right now a lower open. paring a three-day rally on wall street. the s&p trading close to postfinancial crisis highs. s&p closed above 1400. jim, we have been talking to so many strategists, these are great things, we're climbing the proverbial wall of worry. that bodes well for us. who cares about europe? >> one of the funny things about

welcome to "squawk on the street, i'm carlos quintanilla, along with melissa lee, jim cramer.action in japan and we'll talk about that in a second and europe as wellas we have bond auctions beginning to watch and more movement out of spain. you can see moderate green arrows from the ftse, the cac and the dax. bank of japan boosting its asset purchase program by 10 trillion yen sending the nikkei to six-month highs and on the heels of the ecb and fed. will this help the economy? >> the iphone five is good, but is good good enough to keep the market at new highs? we'll have a firsthand look at the new iphone later on in the show. >>> the changing of the guard over at goldman. cfo david viniar is retiring and harvey schwartz is in and how does he lead the economy in this new era of banking. first up, less than a week after the fed's qe 3 announcement, the fed becoming the first to boost the monetary easing. the move to boost the japanese economy helping to send gold to six-month highs and the nikkei to four-month highs and it's all wrapped up, guys with the fed in a slowdown in c

i'm melissa lee with jim cramer and david faber.utures falling despite jobless claims posting the biggest drop. dow and s&p 500 are in the mid-of a five session losing streak. right now we're looking to lose 75 on the dow, nine on the s&p 500. as for the picture in europe, we're seeing red arrows across the board with ftse down the most, down 1%. let's get to our road map for this morning and we start off with questions about whether or not there's another round of easing. risk assets lower around the world. euro break below 1.22. oil trading lower. all ahead of the release of china gdp overnight. >>> warren buffett is seeing signs of a slow down too. no surprise. cnbc exclusive the legendary investor who runs berkshire hathaway says in the past two months the economy has been flat although a pickup in housing. >> shares of supervalu in a free fall. is withdrawing it's forecast for the year, suspending its dividend and considering selling all or parts of the company. is this the latest victim of walmart and dollar stores? we have to

i'm carl quintanilla with melissa lee, jim cramer, david faber live at the new york stock exchange. if you're looking to see if futures are reacting to the news about paul ryan over the weekend, not a lot of reaction so far. we've got a lot to handle, a lot of news today from both the united states, of course, and europe. things like the greek economy down another 6% in the second quarter. >> roadmap this morning starts in iowa where paul ryan starts his first week of campaigning. should the markets start discounting some of the policies he's advocated, like an end to the capital gains tax? we'll break down the policy and the politics. >> speaking of markets, we are up five straight weeks, that's the longest stretch since ok. only 72 points away from a new 2012 high on the dow. can the melt-up continue as we enter a data-heavy week? >> goldman sachs takes coca-cola off the conviction buy list raising the question, are these high multiple defensive names topping out? >> and google upgraded by the same morgan stanley analyst who cut facebook's numbers ahead of that ipo. his argument,

i'm carl quintanilla along with melissa lee, jim cramer, david faber. retail sales, the largest jump since february in about five months. with that a little nice pop on the futures there. as for europe, some pretty decent gdp in your opinions out -- numbers out of france, out of germany. >> our road map this morning starts with the power of home depot raising its forecast and posting positive numbers on everything from comps to average tickets. should your portfolio be wearing orange today? >> a slew of others. michael kors with a blowout quarter. where is the american consumer's head right now? >> groupon getting crushed. down about 20% after the core daily deals business is slowing dramatically. >>> we'll start with earnings from dow component home depot. t home depot raising full year earning's guidance to 2.95. three cents above consensus estimates. previously they were at 2.90. people talking about consumers maybe not buying expensive stuff like cabinets. average transaction going up. >> this company has been on fire since blake took over. i got to

i'm carl quintanilla with melissa lee, jim cramer and david faber live at the new york stock exchange. what a morning. already, barely 9:00 on the east coast, we've got mario draghi speaking even as we speak. a slew of data regarding the jobs market in this country. take a look at futures. slightly off the highs, still trying to get some clarity on what exactly draghi is spelling out here, but a good start. we'll see if that's true. meantime, arrows in europe at this hour, mostly positive for most of the morning and still are. ftse is up about 30 point. our road map says enter the draghi, mario draghi who says the bank plans outright monetary transactions. still trying to put some meat on that bone. says that uncertainty is heightened as the central bank also cuts its forecast for 2012. how does this affect your portfolio? >> meanwhile, jobs data in this country, adp says private perils up the most since march and challenger says layoffs at a 20-month low. what does it mean for tomorrow's big jobs number? >> four hours from now in santa monica, california, amazon announced what's expe

melissa lee, jim cramer, david faber are off this week. latest s&p case-shiller home price index just released. results at the bottom of your screen. 1.2% year over year in the second quarter for the second consecutive month all 20 cities in both composites had monthly positive gains. we'll talk to david blitzer from s&p in a few moments to break down those numbers. in the meantime take a look at futures. lot going on for week before labor day. moderate weakness. talk about what's leading to that. europe as well some surprising headlines. decent auctions out of italy and spain. some surprising news as well from mario draghi in just a moment. our road map starts off on off the gulf coast where tropical storm isaac has almost reached hurricane status and is expected to make landfall today or tomorrow. the question is where exactly. what's next for gas prices with nearly all oil production in the gulf halted? >>> mario draghi canceling on jackson hole citing a heavy workload over the next couple daus. what that means for the fed conference an

i'm carl with melissa lee, jim cramer, david faber at the new york stock exchange. let's look at futures on a friday morning. mild action here. we are paying attention to the mutual fund inflows. as for europe, disappointing industrial production numbers in spain and the uk. but the euro is at a nine-month high this morning. we begin with the s&p, a five-year high. a lot riding on bank earnings. the report's not perfect. american express joining the list of financials that are cutting jobs. >>> best buy's troubles continue. they're not the only retailer under pressure this morning. jcpenney capping a bad week. >>> boeing under official view as a probe is taken on the plane. a cracked inshield and oil leak. >>> remember a cheaper iphone? a top apple executive said forget it. the company continues to focus on china. >>> we'll kick off with wells fargo, kicking off q4 results. the lending business came in a little bit lower than many analysts expecting. the numbers coming out after american express announced plans to cut 5,400 jobs and the s&p closed at fresh five-year

i'm melissa lee with jim and david. the dow is looking to add about 38 points.s for europe being abu yesterday by comments out of china that it will participate in solving the europeans debt crisis, the dax gain, for instance, and the cac is also higher. tim cook speaking at a goldman conference says the board is actively looking at ways to use its cash hoard. >>> kellogg steps in to buy pringles for 2.7 billion. we'll talk to the ceo this hour. >>> a stunning beat from comcast this morning on its fourth quarter report. america is in love with broadband, declares the ceo, and we're watching singezynga. >>> david einhorn, for example, shedding a new position it seems in research in motion. meanwhile, john paulson, the huge hedge fund activist in urging hartford financial to spin off the pnc business. >>> several issues yesterday, everything from working conditions in decline ease factories, to the company's cash position. here's what cook had to say -- it took us 22 years to sell our first 55 million macs, our first five years to three years to sell our first 55

i'm melissa lee with jim cramer and scott wapner.et's take a look at how we are starting on the u.s. futures. looks like red arrows across the board. jobless claims came in at 336,000, below expectations. on the s&p we are just points away from record closing highs. we'll be watching that today but we do have a lot of economic data on tap ahead. philly fed, lei, existing home sales out in about an hour. in europe stocks are down the most in three weeks as pmis for germany and eurozone disappoint. the cyprus situation continues to develop. we'll have the latest in a few minutes. >>> overnight in asia, shanghai with its biggest gains in about two months. >>> our road map this morning starts off with the markets. the s&p 500 within striking distance of its all-time high. will today be a day for the history books? the fed could begin to taper quantitative easing. >>> sigh krus now under did he line. the european central bank wants the island nation to come up with a plan by monday. >>> oracle this morning under pressure after an ugly rep

i'm melissa lee with jim cramer and james faber live from the new york stock exchange. >> our secondome in the second city. chicago this morning, about eight months before election day, we have come to president obama's stomping grounds in the land of lincoln covering all the bases, commodities, treasuries, big business, big politics and how it impacts your money. it is wall street meets the windy city on "squawk on the street" on this friday, march 2nd, 2012. >> carl, we're about to wrap up what has been an eventful week for the markets between dow 13,000, nasdaq 3,000. we got red arrows across the board now. the dow is looking to lose about 12 points at the open. and european trading, we're seeing basically a flat picture across the board. let's get to a road map for this friday morning. crude is in focus after a whipsaw afternoon trade yesterday. iran pressed tv reporting an explosion at a pipeline. still, traders say the whipsaw trade shows the fear is still in the crude trade. we are awaiting what will likely be the last internet ipo before facebook. yelp prices well above the e

." >>> good morning, welcome to "squawk on the street," i'm melissa lee with jim cramer and brian sullivan. carl quintanilla has the day off. what we saw yesterday earthquake the best day for the s & p and the nasdaq over a year. data out to contend with, an adp number in december, jobless claims, may be taking a breather in today's session, the dow looking to lose about 33 at the open. take a look at the picture in europe. does also look like europe is taking a breather. yesterday, it is worth noting the stock indices there hit 17-month highs. we are seeing a down day almost across the board a road map, starts with the new year's rally, where we go from here. the dow surging more than 300 points, closing at two 12 1/2-m highs yesterday. leadership from technology and financials, a boost today with upgrades. lots in the coming days. the big jobs report tomorrow. oh, yeah, the battle over the debt ceiling and spending cuts. retail do-or-die, december sales are out. standouts include costco, nordstrom and the gap. misses, target and the limited. starbucks wants to you recycle, selling reusab

i'm carl quintanilla with melissa lee, jim cramer, david faber live at the nyse. stocks coming off their first back-to-back triple digit losses since april and the earnings flood continues today futures moderately down about 25. data out of china and europe as well. not all of it bad but not all of it good. in europe this morning the market is also mixed with the ftse down almost five points. >> we begin with two high profile warnings. u.p.s. and texas instruments lowering forecasts citing increasing uncertainty and in u.p.s.'s case a double digit drop off in asian exports. are these bellwethers sounding the alarm? >> at&t with a pretty solid quarter, stronger wireless margins, low turn. smaller than expected drop off in iphone activations ahead of the release of the iphone 5. >> some say that could be good news for apple which is of course reporting tonight. the streets open at 10.36 a share. >> the pain in spain continues. yields crack 7.6% on the ten year as eurozone pmi contracts again. moody's officially warns that germany is not immune. first up, shares of u

i'm carl quintanilla with melissa lee, jim cramer and david faber. a day of unexpected earnings.urope, we'll talk more about this spanish auction that did go okay today. as you can see, most of europe is in the red. only the ftse hanging on to the green right now. >> this morning, morgan stanley and bank of america beating expectations but some argue it's all in the accounting. we'll tell you how to view the quarters. >> dupont, verizon in addition to amex last night, so far, very healthy. 77% of s&p companies are topping expectations. >> and that closely watched spanish debt auction goes, as carl describes it, okay. the ibex and euro are selling off today. more chatter that the medicine is wearing off right now. but we start off with banking and bank of america specifically. revenue also above consensus with the bank's provision for credit losses at the lowest level since the third quarter of 2007. but it's this whole issue of dva clouding earnings not just b of a but also morgan stanley. >> this has become a very difficult measure in terms of allowing us to look quickly through

i'm carl quintanilla, with melissa lee, jim cramer. david faber is off. signs of reemerging political turmoil, both in spain, and in italy making investors a little bit reluctant to press the button for the upside. it comes after the dow did top 14,000 on friday for the first time in more than five years. look at europe, that's where the story's going to be for most of the morning before we close at 11:30 eastern time. germany taking it down 1,100 points as well. asia got action as well as china. nonmanufacturing came in better than expected. clearly the story is going to be in europe for most of the morning. >> we've certainly seen a flight to safety take place this morning, as we've seen the bond yields, particularly the spanish 10-year bond yields blowing out overnight. we're seeing bids higher today. german bonds also higher. the 10-year yield in the united states, back below 2% at this point. >> we're nowhere near the yields that we saw at the end of 2011, of course. and that we dealt with so often in the second quarter of last year, in terms of the

i'm melissa lee with jim cramer live from the new york stock exchange. david faber's at headquarters. carl quintanilla is on assignment this morning. u.s. futures are setting up bouncing on the jobless claims number coming in unchanged. but the four-week average dropped sharply. in fact, the lowest we've seen since march of '08. on the dow looks like we'll add about 20 points. taking a look at the action across europe here as we await the ltro next week, mixed bag there across europe which is fractions of a percent moves. let's hit the road map for this thursday. target posting its best full year sales growth in about four years. sears holding surprises with plans to spin off 1,250 stores and sell 11. vivus rocking a premarket trade. more than a double at this point. an fda panel backing their weight loss drug paving the way for potentially final approval. hewlett-packard disappoints, sets the bar even lower for the current quarter. is this the inflection point for the company or is there more trouble ahead? an exclusive with ceo meg whitman in just a fe

i'm melissa lee with jim cramer and david faber live from the new york stock exchange. carl quintanilla has the day off. let's take a look at how we're getting you started. edging off the multi-year highs hitting friday, dow looking to give up 30 points at the open. s&p giving up 2.50. we have red arrows across the board except for the ftse. this monday roadmap starts off with the multi-year highs we saw in stocks, pushed higher by multi-year highs on the likes of apple, google, procter & gamble and wells fargo. >> concerns about china grow deeper. imports and factory output were disappointing. could it mean more stimulus is on the way? >> the u.s. treasury slashing its stake in aig, becoming a minority shareholder for the first time since the financial crisis again. what it means for you, the taxpayer, in just a moment. we have to start with the markets, coming off a week in which the s&p 500 settled at its highest level since january 2008, the s&p and nasdaq posting their best weekly gains in three months. and the dow logging its best week since july 27th. friday's we

i'm carl quintanilla with melissa lee and jim cramer live at the new york stock exchange.avid faber is back at h.q. after coming off their best january in 15 years, since '97, stocks are set to begin february in the green. take a look at future this is morning, set to open up by more than 80 points. europe as well responding to better-than-expected manufacturing numbers, some signals the contraction over there might not be as bad as some thought. that came after some reassuring pmi numbers in china. >> let's get to our roadmap for this wednesday. facebook may file for its ipo as early as today to raise $5 billion. morgan stanley clinching the lead underwriting roles. we have all the angles covered on what could be the biggest tech ipo. >> adp comes in line roughly with expectations but december is revised down. ism comes in less than an hour. >> amazon shares sharply lower in the premarket trade on disappointing earnings and forecast. can the stock maintain its premium valuation as it subsidizes prime customers in kindle sales? >> and mitt romney triumphant in florida but

i'm melissa lee with jim cramer and david faber.arl continues off this morning. >>> the fed in the spot light today, wall street waiting to hear in ben bernanke will announce more stimulus measures this afternoon. as for the action over in europe, some relief there, as yields start to ease off, but a mixed picture there. also a wait-and-see motor to see what the if. omc does. >>> the decision will be released in just a few hours from the fed, followed by the quarterly press briefing. consist senses is the fed will extent twist, but what could the q&a reveal? >> what happens to the fed could be a key to the rally. five-week highs, the best four-day streak we've had this year. >>> procter & gamble cuts full-year guidance, citing head wince. p & g specific? >>> and facebook stealth rally, the stock is up 21% since june 8th. could it be in for pressure? today hearings get under way to try to get to the bottom to find out exactly what happened. >>> the federal reserve wraps up its two-day policy meeting. today the watch is on to see if f

. >>> good tuesday morning, welcome to "squawk on the street," i'm carl with melissa lee and jim kramer, can investors reverse this four day slide? sentiment is shaky before the start of another earning season today after the bell. let's lock at futures today. looking for repair after yesterday's fourth ugly session, and as for europe their reopening after an extended holiday weekend. the spanish ten year is at the highest level since december. >> so after the rough ride for the last four sessions, the road map starts with the markets no surprise. u.s. stocks look to open higher. losses overseas as investors in europe return from the long weekend. >> and a pivotal meeting for scott thompson today expe. >> a company with no revenue, instagram, is now worth more than "new york times." does facebook not know what to do with all their cash? >> and the president pushes the buffet rule today. a ploy to target mitt romney, or a attempt to make the tax structure more fair. >> investors are cautious before the start of earning season. analyst are expecting the company to post a loss in the first

welcome to "squawk on the street," i'm melissa lee with jim migrainer. let's look at futures. we are influenced by what has gone on over in europe, specifically in france, as well. taking a look. dow opening lower than six points. in europe we did see stocks fall to about 3 1/2 year lose on those elections. markets in london closed today for a public holiday. after friday's big sell-off in oil, got a check on the oil markets. saw oil friday hit the lowest levels since february. this morning we are seeing crude oil down 97.53. let's hit the road for this monday morning. we start off with europe. no to austerity. voters have spoken. electing candidates who might dismantle austerity measures. another turning point for european crisis? >> buffet is buying on berkshire hathaway. a modest 60 million stock spending spree friday. do you follow warren buffett in? >> countdown to facebook begins today. pricing for premium social ads continues to rise. >> disney's "the avengers" breaking box office. >> what is going on in europe is influencing the futures pictures here. voters speaking l

i'm carl quintanilla along with melissa lee, jim cramer, smiling broadly, and david faber. got a big week ahead. a lot of economic data coming on the way. some presidential debates, jobs number. futures are higher despite another china pmi number that came in under 50 this weekend. and as for europe, germany pmi also up. eurozone unemployment remains at record highs. >> ready to walk us through the fourth quarter after a 6% gain for stocks in q3. september ism in less than an hour as well as a speech from ben bernanke. >> two big downgrades on two big companies. microsoft says momentum will slow. >> and facebook's stock is up 30% from the july lows. >>> and julia boorstin with a sitdown with facebook's cheryl sandberg. >>> futures ant rise and the fourth quarter gets under way. major indices coming off a third quarter that was their best quarterly performance in two years. but there's a lot for wall street to digest this week waiting for today's monetary policy speech from bernanke. and the big jobs number is coming up on friday. it's been said that q3 was characterized by