munoz. >> hey, joe. oscartations passenger revenue per available seat mile on the high end of the guidance do you believe this is proof your strategy especially with those mid--size routes, that it's paying off. >> i've always said proof, not promise. probably a year and ago you and i were sitting on the floor of the exchange talking about where we were going strategically. you asked me after another good quarter whether that quarter was vindication of our strategy. i said not yet, we've got more to do. at the end of the year i can officially say we are happy to see the path and the plan going as well. you think of the things we did we told you we would grow and grow profitably. that that would sort of arrange the two things ought to lead with that. we've outpaced a lot of our competitors. and our customer satisfaction aspect and initiative is kicking in thank you for having us. thank you to the united team all over the world and apologize for -- >> it's been one of those quarters take a bow while you can you

by the way, united ceo oscar munoz will be on squawk books for an exclusive interview atcle a.m.ck number fwo, nordstrom. retailer says same-store sales says department stores rose only .3% during the holiday season. ouch that is lower than most expected nordstrom also says year-to-date sales were below expectations, and they are due to higher holiday discounts and steps to adjust inventory that stock down this morning and, finally, another hit to already hard hit pg&e shareholders that stock is down another few percent, being kicked out of the s&p 500, and dow jones utility averages utility, remember, says it will file for bankruptcy and faces billions in liabilities for devastating california wildfires. >>> up next, is there any sign the government shutdown will come to an end day 26 we'll give you the latest from d.c. >>> later on, not loving it. the e.u. stripping mcdonald's of a key trademark. how could mcdonald's lose on the big mac? we'll tell you when worldwide chgeol on. ♪ ♪ (buzzing) gather new insights, leave your data protected on-site, and put it all to work with ai.

oscar munoz came out and said we have a darn good plan the stock sold off on that news but a year later he's been proven right they increased the cost of their seats they increased the number of their seats and they opened more roust and they have their competitors this year and the results so the numbers to be to cross the board with the nice guy in the stock today so it looks like he had the last laugh you know i love looking at these charts. you know the five day charge because they sort of go along you know and then there's whatever news or an earnings report and they shoot up or shoot down there they're really demonstrative of what you're saying adam danielle boeing has done fairly well at talking about planes in recent years but there's been some concern about the trade war and how these aluminum tariffs might impact the manufacture but there's some good news out today for boeing about a new contract with the air force they've got a prominent history boeing does it sort of splitting stocks i read someplace that like eleven times between the fifty's and the ninety's they'd split st

oscar munoz will join "squawk box" exclusively tomorrow at 8:00 a.m. >>> let's get another check on thehe session. a roller coaster up and down for that the vote of confidence tomorrow. we'll also keep an eye on goldman sachs, bank of america both are up 2% week to date so they have priced in a bit of positivity making it a tad harder to perform tomorrow. >> i think that's the typical earnings season ebb and flow people extrapolate from one and maybe have a give back day to day market action has been relatively healthy but hasn't proven that we've got escape velocity off of those lows. >> and a chance to hear from the ceo on the earnings call. >> he will be on the earnings call that doe today for "closing bell." thanks for watching. >> have a good night "fast money" begins right now. >>> "fast money" starts right now. live from the nasdaq market site overlooking new york city's times square, i'm melissa lee. tonight on "fast" check out shares of united airlines reporting earnings moments ago the stock is soaring after hours. we'll bring you all the details. >>> plus, we are in the midst

you got to go with oscar munoz he is the guy who is doing it right now. he is the right horse. i want to go to josh in florida. josh >> caller: hey, captain cramer boo-yah from tampa bay >> all right, admiral. how can i help you >> caller: i have a two-part questioning 5 below. we got an upgrade from morgan stanley, increased holiday sales year-over-year, but we still have trade tensions with china where do you see fife blog >> i'm not worried about the trade sensing. we had them on i think they can source well i am not concerned at all. i'm more concerned whether foles will go to tampa bay let's go to dave in california dave >> caller: boo-yah, jim from newport beach, california. >> so lucky. >> caller: i've been following you on retail. >> okay. >> caller: and started buying a stock that you had talked about, this going back in july of '17 and added positions all the way up through april, but you didn't mention it yesterday i want to know your take on the bird goos. >> that was my bad i like the company very much it's been very choppy, hard to run, hard to own because of the

but if any of them can buck the trend, it's unielted, which has been the best of the best since oscar munoz took over a lack of growth combined with disturbliing news from the malaysian transaction, and that's put very diplomatically, has devastated the stock we have been buying goldman for the travel trust, and that call has been dead, dead wrong. at these levels, i do think it's too cheap to ignore. however, if they don't try to quantify the damage from the malaysian scandal, even a good quarter might not matter, and i don't know if the government will let them tell what going on bank of america might surprise us given the money it's making off your deposits. it make the bank more profitable than ever and it's very digitized, but like all of the banks, it needs permission from the regulators and shareholders with larger dividends and buybacks after the close wednesday, csx reports. since they took over the railroad and introduced discipline to an unruly retrospeblth, there's been nothing but upside thursday morning brings us morgan stanley for my money, this might be the biggest potential

pressure that they're seeing relative to expectations we'll talk with ed bastion next week and oscar munozt united the bottom line is a lot of people are wondering have the glory years happened already for the airlines where is that next leg of growth for these guys because it's certainly not there as we head into 2019. >> i'm going go back to the question i feel like i ask you every single time you have an airlines story, fiphil are the airlines going back to their old ways >> i don't think so. they do have the ability to grow revenue. certainly when you look at the segmentation of the cabin. so it's far different than it was seven, eight, nine years ago. the issue becomes one of, okay, these guys have really done well in terms of growing that segmentation and that ancillary revenue. then where's the next leg of growth after that? i think that's what a lot of people are asking themselves right now. >> do you think we're seeing separation in the airline sector between those that are doing it and -- let's take just the big three. it's very clear one is trading near the bottom of that valuat

the estimate coming into today was for 84 cents a share all of this is what we're talking with oscar munozomorrow morning about he is our guest exclusively on "squawk box. we'll talk about clearly what blowout numbers for the fourth quarter and positive guidance for the first quarter. >> you got united's report in the guides ans aance and you'veo compare it to delta and they're so different why do you think there's such a differential in what they're guiding? it's almost like a tale of two different industries basically. >> reporter: yes and you look at their strategy and also you look at where delta is coming from delta was a little more aggressive in terms of its guidance going into the fourth quarter. now they're going in the opposite direction in terms of being a little more conservative in the guidance they're putting out there. it doesn't mean they can't exceed their guidance. passenger revenue of flat up to 2% they may well exceed that in the first quarter but they are not going to get caught saying what they did in the fourth quarter and say we'll be up 3% to 5% now we'll be up 3%

oscar munoz on earlier saying we haven't seen conditions from the shutdown present themselves yet. >> steeple has a piece out today. may be the meanest piece of research i've come across in a long time. united continental, fourth quarter so good, it almost makes you forget about cody parkey how vicious is that? >> blocked attempt. >> is that unbelievable? doink doink. united continental we have to start having research being a little more entertaining >> i agree worthwhile gets read. >> boom. >> got your attention. >> yeah. >> americans tonight with csx, but -- >> csx will be big. >> key macro canaries. >> yeah. look, i keep thinking that we got to -- we got a mixed economy. we didn't talk much about sherwin williams yesterday and what it means for the housing business but the mortgage numbers today, diana olick, they surged 13.5% because rates went down. >> apps? >> yeah. >> mortgage apps that's a fantastic number. >> it is almost the best -- going back to april. >> i think it is big, big, big i think it is really important people say, okay, well, there is ford and then we have got m

. >> that's the question >> this goes to the issue of we were talking about flying places with oscar munozhere are ceos and other executives want to go to china? >> how about switzerland >> except for the avalanches >> how about france? >> tell me i'm willing to listen. >> i don't know enough about the legal system i think you'll be okay over there. >> yellow vesters are all over the pla is i think there's another thing planned for saturday i do i think they're calming down a little bit at this point more on "squawk" to come new jersey looked pretty good. new york city is pretty good talked about it right here >> squawk. stocks under pressure after yesterday's rally. fueled by better than expected bank earnings. we're going to talk strategy next an offer at 82 points right about now. plus, we'll get quarterly results from morgan stanley in the next half hour we'll bring you those numbers, of course, and instant reaction from the street, and as we head to a break, take a look at yesterday's s&p 50000 winners and losers zbliefrmt welcome back you're watching "squawk box" live from the nasdaq