you wonder how many 3m product like touch today?answer will be more than you can count. >> 3m is all about adhesive. they have that market cornered. >> you can see it because it is a product you buy. many of the products we produce are made in different devices. our product is embedded in the final product. you don't know necessarily that it is in there. >> making things stick is not new. the technology is. that is what is keeping these guys in business. >> in order to create 55,000 products, you need a pool of technology and capability. >> their second-biggest lab is electronics and energy. those wires that you don't see that make your life possible. 3m makes those materials. they must be tested to their limits. >> this lab is our high-voltage test lab. we bring products in here and test them. this transformer is 250,000 volts. >> 3m test about 200 products. a lightning lab may seem like a far cry from post-its, it is all about their plan to dominate every market. >> we are touching every company, home, life. are you expanding? we

from 3m?ts we'll be right back. ♪ streaming live on bloomberg.com, your tablet, and your smart phone. the armor around under armour. the maker performer ousted some of the best national athletes and the planet. when under armour landed a deal to make the u.s. olympics beats getting uniform, it was a natural expansion of the business. >> they are winning by hundreds of seconds. it is quite a difference it makes. we have our expertise in fabric and the way that the airflows. i am cautious of how i make these predictions. we have a great team. it comes down to the athletes but hopefully we give an edge and make it better. >> that was the under armour chief before the olympics. that and she was talking about has become a frosty issue down in the skating oval at the olympics. the team has not won a single metal and they were expected to win 10. suitnder armour slick landed some of the blame. it was tested in wind tunnels, fine-tuned, and apparently the skaters loved it but then they stopped winning

new providence from 3m, inside the r&d lab at 3m. we will be right back. ♪ is "lunch money" on bloomberg television. streaming live on bloomberg.com, your tablet, and smartphone. in brand, the armor around under armour, the athletic apparel maker outfits some of the best athletes on the planet. everything from boxing to martial arts, when they landed a deal to make olympic speed skating uniforms, it was a natural expansion. winning by hundreds of seconds, the slightest difference is made. we have -- our expertise and fabric, the way the air flows. i am cautious on how i make these predictions. a, we have one of the best teams at the olympics, we think the suits will give them an edge. make them a little better. >> that was kevin plank before the olympics. that edge has become a frosty issue on the skating oval at the the u.s.mpics, and speed skating team has not won a single metal, expected to win 10. landed somemor suit of the blame, engineered with help from lockheed martin and tested in win titles. the skaters loved it but then th

more than you can count. >> 3m's bottom line is all about adhesive.has got that market cornered. >> many of the products we produce are used in larger and different devices. our product is embedded in the final product so you do not know it is necessarily in there. >> the chemicals that make stuff stake is not new, but the technologies that they go into our. that is what is keeping these guys in business. >> in order to great 55,000 plus products, you need one heck of a will of technology and capability. >> their second-biggest lab is of electronics and energy. you know, those wires that you do not see, but make your daily lives possible. 3m makes those materials and they have to be tested to their limits. >> this is our test lab. after we create new products, we bring them in here we test them until they blow up. >> this is a transformer. >> every year they test hundreds of products. a lightning rod might seem to a far cry from post-its, but it is part of the company's plan to dominate every market. >> touching every company, every home, and every li

and we will take you on an inside tour of 3m.ewers in the united states and those o joining us around the world, welcome. we have the headli

wires that you do not see, but make your daily lives possible. 3m makes those materials and they havebe tested to their limits. lab.is is our test after we create new products, we bring them in here we test them mental below. up.ntil they blow >> this is a transformer. hundredsyear they test of products. a lightning rod might seem to a far cry from post-its, but it is part of the company's plan to dominate every market. >> touching every company, every home, and every life. broad and to be diversified. the future is bright because we have the intention of broadening the things that we do and broadening our technology. that was rachel crane inside m's r&d labs. well if you were one of the people who lock yourself inside this weekend to watch netflix's "house of cards" we talk about original programming next. ♪ >> this is "bloomberg west," where our focus is on technology and the future of business. i'm emily chang with your bloomberg top headlines. -- theyy job posting might be having an ipo. they're looking for someone to help to prepare the company for filing standards and set up all

my answer would be, more than you can count. 3m's bottom line is all about adhesives.have that market cornered. >> from the consumer world come you can see it because it is the products you buy. many that we produce are used in larger or different devices where our product is embedded in a final product. you don't know it is in there. >> the chemicals that make stuff sticks are not new. the technology that goes into them are. that's of keeping that that's -- that's what's keeping these guys in business. lab, second-biggest electronics and energy. seee wires that you don't that makes your daily life possible. 3m makes those materials and those materials have been tested to their limits. >> this lab is our high voltage test lab. after we create new products, we bring them in here and we test them until they blow up ar. this transformer is a 250,000 volt transformer. 200 newst spo products every year. it's all about this company's land to dominate every market. >> every home, every life. one might ask, expanding to too many points to reach? we have to be diversified. we h

. >>> mayormente nublado y el clima invernal, llego lluvia, buenas noches, que descansen @ú >>> 3m amigosominicanos fallaron. >>> los naranjeros de hermosilla dejaban tirado al contrincante. >>> méxico pasa al final. >>> copa san luis y los camoteros, comenzo una feria de goles, el dos por cero y en el 57, tiene 20 años no solo se sentia duro. >>> 5 a 0. >>> herrera vio con disposicion a memo ochoa, se mostrara ante nigeria. >>> en monterrey el trofeo de la copa del mundo. >>> para que vean, carlos vela critico a los arbitros, dice que favorecen a los grandes. >>> siempre se les permiten más cosas. >>> hay que hecharle e ir en contra. >>> eso ha sido de toda la vida, y que algo que se descubra. >>> el colegiado que suspendio a ronaldo será suspendido por mala redaccion en su reporte. >>> apelaron la suspension. >>> señores el orden de los factores no altera el producto. >>> la nba y los bulls de chicago, como pedro con su casa. >>> con 34 puntos y el movimiento, el que rie por ultimo, quedo con la victoria, hablo jorge campos, en mis tiempos no nos preguntabam la vestiamos con alegria, y

home depot and 3m. liz: boeing. charlie: are you sure? i thought it was 3m. head of boeing was on his board. liz: you are thinking of honeywell. charlie: i am all confused. i know this story though. liz: i know this, we are getting no help. charlie: the interesting thing inside morgan stanley, the same thing going on in goldman sachs. you wonder how long the ceo stays, right? one thing is he is pretty young. i believe 54 years old, something along those lines. this is kind of a conundrum. i really do think james, and we should point out morgan stanley, they have no comment, the spokesman over there, i do think this is the kind of guy that worries about this. wall street is a very ambitious place. all these people at the top of these firms want to run it. like every city councilman wants to be president of the united states. most are not qualified to be mayor, much less president of the united states. when you get to this level, essentially all three of them are code number two. you all think you want to run it. they are all ambitious. there is not a lot of ot

was there anything wrong with 3m when they got bludgeoned.nything new when you look at the calendar? most of these companies sold off because they reported during some dark days, where we thought the emerging markets were done for, the federal government might shut down, and the weather was so horrible that all of these things transcended longer term outlooks. >> the house of pain. >> but thing pp begun had been trading in the high-180s cruising into the quarter. chuck bunch, the ceo, one of the most reliable execs out there has delivered time and time again through thick and thin, you'd know that if you watched the show for long enough. when ppg reported, the number was, i would say, perfect, on every metric. however, the worldwide selling squall, i'm not kidding when i say that all of chuck's hard work seemed to be obliterated on the altar of turmoil in turkey, argentina, and wait, what were the other countries? i forget. it seemed like a travesty to me, and when bunch came on "mad money," soon after that misunderstood quarter, i said so. t

better, but at the end of the day everything is going to come back in line and actually those quality 3m's united technologies-- stocks like that are the first place to go to to correction. > > what else is performing well in this market? has done better than most. people are finally also getting back into utility stocks. remember last year anything with a dividend was not that great, but this year everyone's got whom tiptoeing back into all your general utilities and they have held up better, actually, than most, angie. thank you, matt. > > you're welcome. don't miss our show tommorrow.. does not have to be expensive.. find out how to spot hidden hidden fees and commissions that often go unnoticed. from all of us at first business, thank you for watching today have a good and safe tuesday. >> announcer: the following is a paid presentation for hip hop abs brought to you by beachbody. pay close attention! don't miss your chance to save 75% off hip hop abs. if you're looking to shed the fat... >> in the first week, i lost 12 pounds. >> announcer: a way to flatten and sculpt your core... >>

and we will take you on an inside tour of 3m. to our viewers in the united states and those o joining us around the world, welcome. we have the headlines today. senior markets correspondent julie hyman looks at the snowy winter and retail spring sales. and peter cook examines the battle between the big apple and hollywood for entertainment production dollars. we will get to all three in just a moment. this tuesday, a developing story in ukraine. you are looking at a live picture from kiev where ride please are moving in on a large protest camp using water cannons and stun grenades. part of that camp is engulfed in flames. the action comes after thousands of antigovernment protesters fought with police earlier today outside of ukraine's parliament. nine people were killed, including two police officers. more than 150 others were injured area it was the worst violence since protests began in late november. the government has shut down several stations in the center of the capital in its promise to restore order. ryan chilcote has f

herbalife., 3m says currency translation is seen as neutral to negative one percent in 2014.of kfc and taco bell said it is tougher in some of the emerging markets, but we love where we are. leon cooperman said emergent market concern domestically is overblown. what we need here to and this correction is stabilization in the emerging markets, which are a small part of it. everyone is worried about emerging markets. s&preality is, 10% of the earnings are tied to emerging markets. if you throw in china, maybe 15%. it is not a major member for the economy. the major number for economy, not a major issue. >> he is relatively optimistic on the future of u.s. stocks. we will be on the markets once again in 30 minutes. street smart is -- "street smart" is next. ♪ >> live from bloomberg world headquarters in new york, i'm scarlet fu and this is "street smart." >> i'm matt miller. talking -- walking you through the top stories. first off, cbs won the rights to carry nfl games on thursday night. >> doesn't nfl

the companies in minnesota, 3m, dayton hudson thought it was their obligation to build a theater. it was not a diverse place. we had one african-american person in my high school. i do not want to suggest it was a perfect or a snapshot of america, but i grew up in a place where politics seem to work and solve problems, and that really formed, that was really a formative thing -- i am always looking for minnesota in some way in my journalism. and by then i have gone off, to the middle east and obviously, that cheered me. i saw some horrific things in beirut and jerusalem and i covered the massacre in syria. but i have never lost that sense. one of the things that journalists have lost, a bright dividing line today sometimes, some journalists, is the line between skepticism and cynicism. you know, the skeptics -- i do'' t know. i want to check it out. i will not take anyone's word for it, but i want to report it out. show me. a cynic says, i already know who you are. one of the things that worries me is i did a call about this once where i came back. i was hired by upi, and spent tw

earnings. >> are we going to once again start focusing on the buybacks whether it's warner, rainfall, 3m be a continued story just like it was last year? >>scpc& m has had a good buybac. i'm flummoxed by estee lauder not doing well. it matter us but it depends what kind of buyback. some don't help. if you are in there both fists. exxon, big buyback hasn't done anything. >>> let's get up to chicago and rick santelli at the cme. >> adp 280,000 original release last month goes down to 227,000 and currently 175. 175 isn't bad. we had 4.1 in the third quarter on u.s. gdp, we had 3.2 in the fourth quarter. 3.2 isn't bad. but there's something here to pay attention to. they are all sequentially lower, okay. the question is what type of momentum did we have midyear last year, what time of momentum did we have at the end of last year and how are all of those adjustments affect what we're going through in the first quarter this year. and if you look at an intraday of ten-year -- excuse me. let's start with the dollar/yen. that's the one. if you look at this chart clearly see at 8:30 when the numbe

what cnbc has learned there's companies like 3m, industrial firms, consumer firms like netflix and starbucksall adds up. the other story was talking about how the richest areas of the country are bunched around washington, d.c. you can see the trend, where the money goes, the gains are. as an investor, you want to follow these companies. they're very aggressive, and it's paying off for them in a big way. >>> all right. there you have it. many thanks, jeff cox, thank you for the update. >>> take a listen to this, folks. >> despite all that good news, there's plenty of stories being told. >> that's the senate majority leader blasting the koch brothers saying any bad press about obamacare is all false. here's the latest. the i.r.s. released a new fact sheet with threatening language enforcing something called, quote, shared responsibility payments. so i want the administration to call it what it is. it's a tax hike. here now is former dnc chair howard dean and grover norquist, founders of americans for tax reform. grover, let me ask you this. i thought -- i know it's a tax hike. that's the easy

you have ibm, cisco and 3m leading the gainers.zer on the downside, chevron and at & t also some of the biggest losers. only three dow stocks are higher year-to-date. if pfizer keeps sliding, it will no longer be one of them. merck and the surprising caterpillar really the only two significant gainers this year on the dow. >> go figure. the country's largest drugstore chain, cvs, trading lower today not by a huge amount but just by about 1%. there is some news that it will stop selling all tobacco products come this fall. nbc's tom costello broke the news this morning. what exactly is the motivation here, tom? >> good afternoon. two things. first of all, i think a lot of people have been pressuring the pharmaceutical retailers for a long time saying listen, it is antithetical for you to be operating in the health care space, trying to help people improve their health and at the same time selling tobacco products. they have been hearing it for years. they have had their own pharmacists association on their backs about this. the ama,

we're talking big losses for household names like disney, 3m, maker of scotch tape, post-its, hewlett-packardmight be a bounce. buyers might be sensing a buying opportunity. they think that finally after a year of going straight up, you have cheaper names in the stock market, things they want to buy. stock futures right now are higher. we'll watch this closely, again, about four hours to go. >> we could take that bounce. let's hope. >>> all right, a warning to anyone who stayed at a hotel owned by white lodging. look at your credit card statements and do it now. the company which owns more than 150 marriott, sheraton, westin and holiday inn hotels says that credit card data was stolen at 14 hotels in chicago, austin, denver, other cities as well. white lodging is not revealing how many card numbers were actually taken, but it will offer customers free credit monitoring. >>> meanwhile, expect target's chief financial officer to be grilled today on capitol hill. a senate committee is going to ask some pretty tough questions about the retailer's massive data breach. about 110 million target cust

they're up. 3m authorizes a whopping buyback program, $12 billion worth.an otherwise relatively down day. big pay for google's executive chair, former ceo eric schmidt. the company awarded him $100 million in restricted stock. google is now at $1,144 per share. big profits at ralph loren, what's with the stock? >> they came out with sales number that were great and gave a forecast of revenue jumping, surprising the analyst on wall street. they have polo ralph lauren, retail whole sales and made the olympic uniforms and a great holiday season. good sales at their own stores as well. stuart: thanks, nicole. i'm sorry, everybody, i can't drop this obamacare bombshell report. let me recap real fast. 2.3 million, the equivalent of 2.3 million full-time jobs gone in the next ten years because of obamacare. it will add a trillion to the debt. it will take a trillion out of our income. and the administration says don't worry, we're going to give you choices. work or not work. sit on the couch and pursue your dreams, take free obamacare. i can't get away from this.

the companies in minnesota, 3m, dayton hudson thought it was their obligation to build a theater. they invented corporate social responsibility. it was not a diverse place. we had one african-american person in my high school. i do not want to suggest it was a perfect or a snapshot of america, but i grew up in a place where politics seem to work and solve problems, and that really formed, that was really a formative thing -- i am always looking for minnesota in some way in my journalism. but then i had gone off, to the middle east and obviously, that , saw some horrific things -- saw some horrific things in beirut and jerusalem and i covered the massacre in syria. but i have never lost that sense. one of the things that journalists have lost, a bright dividing line today sometimes, some journalists, is the line between skepticism and cynicism. you know, the skeptics -- i don't know. i want to check it out. i will not take anyone's word for it, but i want to report it out. show me. a cynic says, i already know who you are. one of the things that worries me is i did a call about thi

look at 3m. those shares are down 10% so far. they're a dow component. then oil and gas giant exxonmobil. those shares are down 11% on the year. it's a do you component. then there's general electric, ge, the worst performing stock on the dow so far this year. down 12%. you also got to look at big names like amazon.com also down 12% and same goes for apparel and retail giant ralph lauren and finally in the transportation sector, look at kansas city southern down more than 18% this year. not too good at least for the rail company but it's not all bad news. stay tuned because in the next hour we'll show you some of the stocks in those same or similar sectors that are actually bright spots in the market and that's coming up in the 4:00 hour of "the closing bell." back over to you guys. >> every one of those stocks you mentioned had great years last year. so it just simply shows that the rules of physics -- the laws of physics have not been repealed. >> that's right. >> it went up, and it comes down at some point. thank you, dominick. >> and see you next hou

the 3m announcement of the buyback, they said they were essentially going to buy back 14% of the stock of course, we need to have a clearer time frame over which they're going to do it and they have to go ahead and do that, but that's an extraordinary number. that's larger than many buybacks i have seen for years and years. i was trying to get some stats on whether it was the biggest one i have seen as a percentage of the amount of stock that's outstanding but it's definitely up there with the all-time top ten. that's a significant announ announcement. earnings were a little disappointing and that's affecting different sectors. >> it will be interesting to see how twitter's numbers are received. a lot of high expectations for that company. they are not expecting a profit but they do want to watch very carefully to see if there's revenue growth here. >> i saw your debate, and i thought that was an excellent debate because really when you talk to twitter, you're on one side or another. there are very people who are indifferent about twitter. i mean as an investment not for its utility. t

the three biggest are 3m, act censure, and alexion. it's gained more than 80%, crushing the s&p. >> the more you spend in washington, the better your stock does. that's your lesson. >> you know, i've seen a lot of different things. obviously, crony capitalism doesn't help anybody. it makes it worse, it's as bad as the stuff they complain about. but then again, lobbying is the right of -- it is like covered by free speech. you're allowed to do this. and the competitors are going to do it as well. and could you look at it, that the company is smart enough to do this, so that it must be well-managed in other areas. >> what's disappointing is the amount of influence that they have over lawmakers. and the reason we have such a complicated tax code, for instance, is because of these lobbying organizations. if you really wanted to get a fair tax code -- >> how do you offset the influence that unions have and left-wing organizations that soros have? >> why is it only big unions or big organizations that have a say in these things? >> no one is

market, and this is the undercurrents of the markets doing something and talking about the activism, and 3mngs about it, and the company is taking the stocks the into their own hands and the companies are not being reflected correctly into the stocks, and you will get higher prices. >> and those are two big trends that are linked to activism and we talk about it everyday and we kid about it, but it is a huge issue and own grown over the past two to three years and when you think back to the continued transparency of the interaction of shareholders and management, and going back to green mail, and carl, and the idea to take a block and then get paid a premium over shareholders and can you imagine something like that happening today? >> well, it is extraordinary, and the revenue growth up, and the spunk. spunk is a big data mining organization and not com stock, but revenue growth, and spunk, and sales force and so a whole group of managers who are throwing it into the biotech, and is this the most worrisome thi thing? what does everybody want to do at my book signing, short tesla. >> and tes

we're also watching shares of dow component 3m. get your post-it notes out. company has announced a new stock buyback program. the plan existing an existing $7.5 billion program. >>> but on the markets here, our next guest is a market timer. he gained fame last year when he likened the dow jones industrial average of 2013 to that of 1929. and then made a spot-on call about just how far the rally would take us. so far, it has been dead right. what are the technicals telling us now? with us, founder and ceo of demark appenalytics. i know everybody follows your stuff, hedge funds, investors. 1929 sounds scary. zloo >> it sounds a little extreme but so far it's aligned perfectly. when we uncovered that relationship last year, we were pretty silent about it because it was extreme. the early part of october, we said wait, there's more here than meets the eye. and on october 9th, we went public and said the stock market had made its low just as it had done in 1929. in just the month prior to the peak in 1929, it was october 9th, by the way. and we expected a rally o

the companies in minnesota, 3m, dayton hudson thought it was their obligation to build a theater.it was not a diverse place. we had one african-american person in my high school. i do not want to suggest it was a perfect or a snapshot of america, but i grew up in a place where politics seem to work and solve problems, and that really formed, that was really a formative thing -- i am always looking for minnesota in some way in my journalism. and by then i have gone off, to the middle east and obviously, that cheered me. i saw some horrific things in beirut and jerusalem and i covered the massacre in syria. but i have never lost that sense. one of the things that journalists have lost, a bright dividing line today sometimes, some journalists, is the line between skepticism and cynicism. you know, the skeptics -- i don't know. i want to check it out. i will not take anyone's word for it, but i want to report it out. show me. a cynic says, i already know who you are. one of the things that worries me is i did a call about this once where i came back. i was hired by upi, and spent two