general motors saw sales jump 18%, ford up 15%. below some estimates. chrysler sales up 14%. shares of all three companies higher by more than two percent with chrysler up the most as you see there. philip lebeau with more on what drove sales last month. >> reporter: a big january for the auto industry driven largely by demand for big vehicles. across the board, almost all of the auto makers reported an increase in january sales of between 11% and 18% and for the most part those sales were better than many were expecting. subaru mercedes nissan hyundai and jooep all reported their best january sales ever. and speaking of jeep it continued to be a roll. january sales up for that brand 23%. the best january ever. it was driven by cherokee sales up 44%. and for the big threes all about the demand for pickup trucks and suvs. take general motors. its truck sales last month jumped 42% and the average transaction price, the estimate is that it's just over $36,000 in increased eweyear over year of 7.7%. bottom line cheap gas and high consumer confidence. that's what is fueling demand

sales, that we are needing to manage around, of course. that has impacted the 10 year plan by about $150 million over 10 years and the revenue bond refunding that you just approved will help offset some of those lower sales and lower revenues by about one-third. as noted there are some, you'll hear more about this when we talk about the capital plan, but there have been some changes to the capital plan. most of those changes is the 10th year coming online and the year that we're in now comes off the plan so we're essentially moving forward one year in terms of the 10 year capital plan. this is the money slide and i can appreciate it's small, but this is our 10 year horizon looking forward. sources, revenues and other revenues coming in are at the top, underneath those are uses which is our expenses, o and m and debt service and that kind of thing, then all the revenue requirements are highlighted in yellow there. those are the ones you already approved so you already approved retail rates for water and sewer enterprises through fiscal 18 s

we'll announce a sale. if they do i'm telling you that both stocks will go higher because it's extremely positive for valeant to buy a company with a high tax rate and have the tax rate slashed. they need to continue to roll up companies. that's the big story of next week if you ask me. one more panera and noodles, did you see that? missing the numbers. i think cracker barrel could put up strong rumts tuesday. this is the interstate highway restaurant chain. and the money consumers are saving while they drive courtesy of cheaper gas could find its way into cracker barrel's coffers. don't forget to order the apple pie and ice cream. wednesday is more retail. lbrands, die equity and applebee's. it wanted to come down. that's how you want it to come down so the trust can buy more. all three have terrific ceos, all expected to have numbers bump. listen especially to target's ceo hear about his vision for the company. after the close wednesday and the stock has been quietly climbing inch by inch. last year at th

ram truck sales rose 14%. fiat chrysler sales have risen for 58 months in a row. minutes away from the start of trade. matt miller and leslie picker joining us this morning. hopes are high for a resolution in the standoff between greece's government and euro area leaders. greek stocks and bonds rallied after the new finance minister -- to swap some of his debt for securities. >> that is what it looks like. somehow they managed to conquer the continent financially. greece did not get the memo. now, they are realizing -- sit burress seems to be realizing he is not going to be able to write down debt the way he thought he would. he is going to back off of that and go after other goals now. if he wants to spend more money, throughout structural reforms it seems he is going to run into problems. >> there is a recent poll that shows over 50% of greeks actually like being in the eurozone. you like having the euro. he has to contend with that. if he forces too hard a line, it might force -- >> that is on my band words list. [laughter] >> it could not go well with the gree

only one of the comparable sales had enough land mass so the sales were smaller properties. while that allows a person to derive a price per square foot it was about we need 2 acres of land and whatever building came with it is great but we felt the information was a bit dated but that's not unexpected but the sales were much smaller and from our perspective it was not that helpful and we needed the 2-acres. >> thank you and one question about environmental review because it was a bond measure that voters approved first to even be in discussions about the crime lab environmental clearance had to happen before the voters acted on it and hence more complicated in the process. >> it's one of the issues with the bond measure that requires a bond acquisition measure and we must show site control to complete the ceqa. to come before you so you can make a decision whether the matter should come before the voters so that matters to structure the leases with purchase options far in advance of the project and await the decision of the voters on the project itself. >> okay. supervisor

and then a soaring sales force.com, we'll speak to sales force.com's earnings report i'm calling it the polar opposite of hewlett-packard. i was like hm for months facebook and google have been painful to own, that is unfair -- it has been a fabulous place to be witness the strength. now, google deserves the program. any company whose management feels compelled to say that unlike what many money managers think it actually cares about a stock price going higher. i find it a bit embarrassing. i have to care about when. that was the google call. facebook reported a fast quarter, one thing annoying to me, the facebook stock typically moves around earnings. it's static if i want a static cleaner i will go by clorox. in the face of all the tech things on the wing the money dedicated to technology chooses high growth even if it has more risk. how do i know this? putting up queries on social and facebook and twitter, you know what it means? it means that it is just a rotation. of course, they didn't stop at google and facebook. couple of days in pain over now in that palo alto of fire ice secto

the pace for sales for december was also revised higher. tight inventories and a lack of wage growth had been holding housing back but now the labor market seems to be gaining steam and home builders gain more traffic. >>> not just home build ns but home improvement retailers. today, lowe's reported better than expected fourth quarter results driven by homeowners taking on big and not so big renovation projects. shares did fall a fraction after the company expressed concern about rising interest rates, potentially impacting prose home buyers. still, the company does expect existing homeowners to continue to invest in projects anhouses. diana olick now on what's behind the surge in remodelling. >> reporter: rising home give more confidence to invest in their properties. >> as soon as we see the housing market recover, people get confident. not only they tackle the renovations they want to but address the maintenance it needs as well. >> reporter: project large and small small. w more projects more proposals out than ever before. >> reporter:

who is in charge of sales? -becky: in charge of sales? -lemonis: sales. wwho is in charge to sell?n this company? becky: i guess i don't understand the question. lemonis: so, when you get a new account, who's responsible for it? becky: for collecting or selling or what? lemonis: mary and joseph. who's responsible to sell the product? becky: i do. lemonis: so you're the salesperson? becky: i guess so, if you want to say that. lemonis: what's the largest customer you have right now? -uh... -john: table 301. lemonis: if i called that customer, who would they say is their account person? john: i would say me, but they could say becky. lemonis: what would you say they'd say? becky: i would say me because e-mails come from me. lemonis: why are you guys both doing the same job? -i don't understand that. -john: right! we don't have clearly-defined roles and responsibilities, which is something i've been talking about for over a year. becky: he sucks at ordering. like, on that torani's order. they wanted the order in, and i told you we've been trying to get this guy's business for two years

>> milk sales traditional -- sales of whole milk have fallen off a cliff.f skim milk are pretty much flat. alternative milk, soy, almo nd, rice milk surging 36%. coca-cola wants to tap the growth. they want to find a way where they can have some pricing power, so they are coming up with this value added milk. >> soft drink sales are flat. >> did you know coca-cola said a sparkling beverages? that's what they mean by carbonated beverages. it is totally anemic in north america. they want to go somewhere where they can create a brand and market it up. >> sparkling beverages sounds better than carmel -- caramello l colored sugar water. ♪ >> much more ahead on "in the loop." the details on how -- trouble ahead for for big banks. that's four big banks. ♪ >> welcome back to "in the loop ." we are 30 minutes away from the opening bell. features and kate stocks will be higher at the open -- indicate stocks will be higher at the open. the new greek government employing 30% of the reforms -- angela merkel not willing to rewrite. the british chancellor warns the situat

egg sales are up yogurt, oatmeal.akfast is still an $8 billion a year business, but it's shrieking as everything else is growing. -- shrinking. >> far post and general mills doing as bad as kellogg's? >> not as badly. there is a management problem at kellogg's. general mills was successful last year with cinnamon toast crunch. post with lower prices on its brands. they have done better. kellogg's cannot get anything right. the market apple jacks to a dolts -- adults and did ok with that. >> is it a marketing and branding problem? when you think cinnamon toast trunk, i think of the ads from 30 years ago. my sense want to eat junk 24 hours a day but they feel no connectivity to tony the tiger they don't know about snap, crackle and pop. have they lost their marketing ability? >> there are examples of success but none of it is enough to overcome the top line, the massive pipeline -- topline decline. you are right people are disconnected. millennial's who want to discover new things, there are niche products would the ide

this following last week's bond sale where apple's debt sale raised about $6.5 billion of debt. clearly there's demand for apple bonds getting a bite of apple if you will. in terms of why swiss francs? yields are now negative to you're paying the bank the privilege to own their debt and there's not a lot of top rated corporate bonds. nestle issued if negative yielding debt but still seeing a massive rally despite the low yields. so there's a lot of interest in finding more high quality corporate bonds. apple here indicating apple is looking to raise money in swiss francs in this bond sale. suggested price implies a .3% area yield. >> so we finished down yesterday as a compromise with greece seemed elusive and also issues in ukraine continue to escalate and indeed still there similarly elusive and today we're down but only fractionally down so a bit of resilience given that we haven't seen significant improvement on either of those issues effecting risk sentiment. it's been volatile in the first hour but we are slightly down and, inteeddeed, just below flat. let's have a look whe

there was an expected 9% plunge in gasoline sales but sales were also off at department stores furniture outlets and auto dealerships. did the extra green just vaporize? that's not the most likely. rather economists on the case say more money is saved and used to pay down debt. a recent visa said hanging on to roughly half of gas savings. some of the money could be going to services that accounts for two-thirds of all consumer spending and is not counted in the retail goods report. service spending would include increased spending on health insurance. there's another solution to the mystery. inflation or in this case deflation. the number reports are not adjusted for changes in prices. if they fall, could be buying the same stuff but paying less. adjust for real spending when it calculates gdp, spending could show a gain. case solved in not quite. optimists aren't ready to assume they will fall and real evidence in the months ahead when the mystery of tng money is solved at cash registers around the nation. for "nightly business report," i'm steve liesman in dallas. >>> a big threat to t

it implicates the sale, and case law that because they paid a sales tax of cannabis thaey are doing ten years in prison. >> reporter: based on the conflict, armstrong fears to pay, because he fears it is going to confirm his sale of an illegal drug. >> this is the indoor facility where we grow the medicine. >> reporter: he says he is not owing the tax because it is a closed loop collective. >> this is the samples of the special hs manyin the bowls. >> reporter: and growing the pot and providinging it to the co-owners and group. and he says they are customer, and what they pay for the pot is equal contribution and not a sale. >> reporter: you are not paying taxes? >> no, because we make it ourselves. >> reporter: are you paying taxes to the city right now? >> no, we are not. >> reporter: dave hodges owns the all american cannabis club. >> it sin colluded on the menu. >> well she is misinformed, and that is a conversation that we need to have back at the shop. >> reporter: and the truth is that they have never paid marijuana business tax to the city of san jose. and city records show that

jeep, for example, january sales up 23%. best january ever. cherokee sales up 44%. let's shift gears. let's talk about gm. gm truck sales, they jumped 42%, and the estimate on the transaction price, according to true car.com, they say it's going to be $36.173. that's up more than 7% compared to last year. that's why when people look at gm earnings tomorrow, there's going to be a lot of focus on those transaction prices and profitability here in north america. to get back to our original discussion here, brian, low gas prices do not drive auto sales higher. low gas prices do change the type of vehicle that people will ultimately go into the dealership and buy. >> so the new chevy tau hue starts at, what, 50, 55, 60? you could hit 70 probably easy on the tahoe? >> easily. >> i guess i'm just skeptical, phil, that somebody that's going to drop $60,000 on a new 2015 tahoe, by the way, it's a sweet-looking suv, is gas price sensitive. i mean, are people going to really go into debt for $50,000? $60,000 because gas is $1 a gallon lower. >> it's not that their gas price se

sales declined by 4.1%. why do i bring up brent? because i think ukraine and the ruble story isn't something that has been pushed off the agenda because of greece. --if you look at dollar- ruble, what you have is the dollar declining ever so slightly. you have this momentum because you had a big shift in dollar-r uble over the past 30 days. you can see the dollar down. and ruble really appreciating getting back to the 60's zone. this rally is the biggest rally almost on record. will brent stay above $60? that ties into every single nuance you see on the dollar- ruble. >> breaking news out of france. the pmi coming through for the month of february. the pulmonary reading for manufacturing pmi coming in at 47.7. under 50. that is contraction. i'm looking at the services pmi, much better than expected. 53.4. so that number accelerating in expansion territory. he put the two together. the composite pmi 52.2. a mix, but he put them together and it is a little bit better than expected. that is the french data. in 28 minutes, we will get t

what did you make of the sales today? very favorable. >> this is the second time in a row, the second quarter in a row, we see better results out of walmart. i think it's notable, the fact it's coming from traffic. much has been said about whether or not gas prices are actually benefitting the consumer. i think this is a strong sign that they are. so numbers were good. obviously, the outlook a little bit disappointing. currency is one factor there. and then this cost of paying people more. >> you know, let's talk a little bit now about gasoline prices and your thoughts about how much if at all, those falling gasoline prices are translating into better sales at other retailers apart from gasoline stations. it seems like an awful lot of that money is getting saved or being driven towards paying down debt. what are you seeing? what are you sensing? >> this is an impact that we should see for the lower end consumer a bit more than the consumer broadly. the lower end consumer has been lagging. they've really been struggling an

in fact i'm on the ford sales monthly sales call right now.ies average transaction price, last month, up 2100 compared to january of last year, a lot of that is because of the new f-series they're selling. high-end version of the new aluminum f-series selling so quickly, they're out of showrooms in eight or nine days on average. that basically means they come off the truck, they do the paperwork, they're already ordered, they're out the door. quickly, want to show you this graphic which shows what auto sales have done on an annual level going back to 2009. the estimate for this year is 2015. later today, we'll get monthly sales pace for january. it's probably about 16.6 million. don't read too much into that. january is the second slowest month of the year in terms of auto sales. people look at it and say, nice to have a decent month but not the end of the world if it's not. and again, we'll get that later on today. finally, take a look at shares of general motors. this company's reporting fourth quarter earnings tomorrow and you can bet it's

sales were down 2.6% to about $18 billion.he officials blamed sluggish sales of beer kirin's main product. they say a big reason was a delay in rolling out its higher-priced premium brands. but it wasn't alln's beer industry. kirin's rival, asahi group holdings, had a lot more success with its premium beers. asahi credited the brand's sales for record high operating profit of about $1 billion. sales came in at about $15 billion, which is another record high. and 2014 was a profitable year for e-commerce joint rakuten too. the company posted year on-year increases in both profits and sales. rakuten executives say group operating income rose nearly 18% to about $890 million. they say group sales also grew by more than 15% to $5 billion. the executives say strong performance of their mainstay online shopping operations helped to boost the figures. financial services such as credit cards, they were also solid. the executives say they also managed to cut deficits in their overseas e-book business through cost-cutting. more for you

sales beat expectations. important as investors are the details of budget and schedule overruns. the global plant is the country's first since the 1970's. a coal plant in mississippi with the latest in cold -- carbon capture technology. tom fanning is the chairman president and ceo of southern company. it is great to have you back on the program. it has been a while. >> it is great to be with you. happy new year. >> happy new year. i guess we can still say that going into 2015. the earnings and what you have seen on demand. tell me what you are seeing from businesses. what is the business demand in the southeast? >> it is quite strong. the industrial classification -- if you think about three major segments, are driving better than expected growth for 2014. we think they will be sustained. the first deals with any businesses that benefit cheap energy. think about chemicals, pipelines . second would be automotive particularly strong. primary metals, high-end textiles. the third goes to housing. industries rela

higher in terms of sales volume.t's clear, big is in right now. and it doesn't matter if oil goes up to 55 or $60 a barrel. what you want to watch is what's happening at the pump. it would have to go over $3 a share or a gallon i should say before you would start to see people perhaps pull back a bit on their demand for suvs and pick-up trucks. >> phil, thanks as always. >>> our january solid sales numbers are reason to buy gm ahead of tomorrow's earnings. let's debate it now. jim is the bull, josh the bear. while these two duke it out, weigh in on twitter. tweet us @cnbcfastmoney use the #bull or #bear. 90 seconds on the clock. jim, make your case. >> okay. this is not for me so much about large trucks versus small cars. this is about the fact that a year ago, gm had a disaster on its hands in the recall fas asco and that -- fiasco and clobbered their earnings last year. they're about to lap that fiasco. take a look at a pattern from say target stores which had the data breach and got clobbered a year later it start

sales and margins in the current quarter would be hurt by disruptions at west coast ports. shares tumbled to close at $62.10. hewlett packard saw profits fall as sales of desktop computers fell sharply from a year ago and from the different segments. results come as hp preparing pc business from its corporate hardware business. along with its results, the company said it would take a charge of more than $1 billion because of that separation. shares dropped off initially after the bell. before the close, the stock was slightly higher to $34.99. and lending club saw shares crash. the online loan marketplace's quarterlies mostly in line with estimates but profit forecast for the year fell below consensus. as you can see on that chart, the stock initially fell after the bell before the close, the stock was off a fraction to $23.65 $23.65. > comcast, the largest tv operator in the u.s. fourth quarter revenue with internet customers and increased the buyback program to $10 billion and hiked its dividend to a dollar a share. the yield now about 1.5%. shares were almost a dollar hi

-lemonis: sales, not profit? -sal: sales, correct. lemonis: so, how can you break that down for me? how much does baseball generate? sal: between $300,000 and $325,000. lemonis: is it profitable? sal: no. no. lemonis: okay. and how about the basketball upstairs? sal: sales up to this date, i would probably say about $10,000. lemonis: i see how busy the embroidery room is, i see how busy the silk screening is. sal: mm-hmm. lemonis: why are you investing in this stuff? the principle business has to be "what am i?" and right now, it feels like an identity crisis. after hearing that the embroidery and silk-screening business does $1.3 million a year in sales and generates $900,000 in gross profit, 75% margins, and the restaurant, the batting cages, the basketball court don't even equal half of that in revenue, why would you waste your time with anything else other than expanding and growing your embroidery and your silk-screening business? how much is the rent here a month? sal: currently $13,000, plus with the real-estate tax, another $4,000, so about $17,000 a month. lemonis: whoa. sa

sales growth may slow this year. they're tying with the idea of raising steak prices to offset cost increases. sales fell 6%. they're down 5.5% in frankfurt today. still to come in worldwide exchange, syngenta is feeling the pinch. we'll find out how the business is going to cope in 2015. all that after a short break. >>> welcome back. oil is back on the slide with wti below $52. disney blows past wall street expectations as frozen fuels earnings and ford unveils plans to hike pay for some lower level eun youn union workers. trading higher after analyst expectations despite currency head winds. let's join carolyn for more in a sunny yet chilly day. >> you're right. there are a number of headwinds. we have low crop prices and that gives farmer's less incentive to invest in their crop protection and second of all you have huge head winds. they report a very strong dollar. it has a big cost pace where the swiss has been rising and has very high exposure to the emerging markets. so we're seeing very volatile fluctuates t

the presidents day sale is ending soon!s discounters ♪ >>darya: that the post on the backs of low grade until today will at one bill to get to the parade is nice and shoulder. there sinicize trees and knocked out there but they're making room for parade today a lumpy or upset with the mayor. as the pages of with the victory hundred people are lining up the stairs and out of the empire state building area. >>darya: >>mark: with a hammer from the fellow rapper will new the brunt of those killed and is open more on that story ahead. fear oh my god. i like it a lot. it's flavorful, juicy that's melted garlic herb butter. yeah, it's really rich. the bun is just, like, really good. pretty classy burger! heads above! could this have come from jack in the box? no. no. no, not at all. i don't like fast food. hi. i made that. no! (laughs) no, really?! that is my new buttery jack with garlic herb butter melted right on it. you can go classic or bacon & swiss. will they melt in your mouth? you butter believe it. hey! i found my true lo

double sales growth 1%. sales of sort of -- sales of soda are falling.look at nondairy alternatives like almond milk booming, up 36%. stephanie: 36% growth of 1% of thestephanie: are you calling me out? [laughter] fabio: you are running an oprah show. stephanie: alix steel before she was 18. alix steel, can shake, thank you for giving us the latest. there -- coca-cola's new non-caffeinated beverage. the high and white stuff. [laughter] when we return, the future of the federal reserve. one governor wants to make sure it does not include more congressional oversight. an exclusive interview with jay powell. ♪ stephanie: welcome back to market makers. i'm stephanie ruhle. along with my co-anchor for the day. top headlines from around the world this hour. another sign that china's economy has been hitting speed bumps. chinese consumer prices rose at the last paste best lowest pace in five years last month. this may give china's central-bank more room to ease monetary policy. rush upon president, vladimir putin is one of our cc -- his gift to the egyptian pre

we don't want to encourage water sales but we need to figure out a way to recover our costs to run a 24/7 operation. i want to be sure you are aware of that i know commissioner moran had some discussions with us off-line and i want to bring that back to you sometime in the future. >> well said. i do have a couple questions, actually. i don't understand why our power revenues are off. >> it's because we're holding as much water as we can and only generating what we absolutely need at this point in time, so there's no excess that we're making right now. >> okay. and the other question i had for you, what are the specific debt service -- excuse me -- debt ratios? >> the 15 percent of the revenues and expenses --. >> but what is our debt service? >> 1.25 times --. >> it's not exactly 1.25, i'm curious about the exact --. >> the current status? would you like --. >> the current status of the venture bases, debt service coverage is 1.74 projected at year end, and then the current basis which excludes the fund balance is only 1.03. so at this time we are needing the 1.25 of the venture basi

but they generated $1,056.98 sales per square foot. so a lot of it is relative to what the square footage of the restaurant is. >> sorry, brad, to call you back up. in terms of what the economic and work force development can do do they have, you said they can also help in terms of assisting with assisting to relocating, finding locations as well as placing employees? >> their staff have offered two things: looking for a new potential lease site somewhere in the city, we don't have a restaurant opportunity like this at the port right now so it would likely be off port property. and then also they have offered to work with sinbad's employees in the case that the restaurant does close and that causes layoffs, whether temporary or not. they have a rapid response and job transition assistance service program and they are trying to connect employees with unemployment insurance, cobra for health insurance, job transition services, including job counseling, training and job placement assistance. so that's the suite of services that oewd has a

nestle says profits of 45% last year mainly due to sales of its stake in l'oreal, but sales dipped slightlyue to currency fluctuations. philadelphia, home of the liberty bell, but maybe the last big technical -- technological innovation to come out of philadelphia with meat tenderizing by hand, until now. salesforce is applying for interesting technology, teaming up with salesforce in philadelphia, revamping what they call the 311 system. the goal is to make it easier for residents to get city services delivered, doing things like applying for building permits or requesting graffiti removal. all of this on the cloud could change the way city governments work. joining me now is the salesforce evp, joining me from new york. this is interesting because the way cities work fundamentally seems slow. the way they buy software is big, massive and slow. what's happening in philly? >> what's exciting about the city of philadelphia is they have recognized three big rings are going on. the first one is that companies like uber and airbnb have fundamentally reset expectations for the citizens on what t