let's take a closer look with martin, the chairman, president, and ceo of agco.elcome back to "mad money." >> jim, thank you very much for having me again. >> of course. now, martin, i've got to tell you, many of the companies that have been reporting, whose looking at the world, say the oil companies, and seeing it as negative, they're walking away from their buybacks. they're suspending they're cutting them back. you actually lay out a kind of a negative scenario and you're accelerating your buyback and giving a bigger dividend. what do you see the that is happening that justifies that? >> actually as you mentioned, i think we are cheap, and that's the reason why a buyback is a good strategy so i think it's basically paying or returning money to our shareholders. >> but you're cheap only in the terms of your conference call over the long-term, the number of people being born the need to feed people. the short-term in your presentation, most of your numbers are minus signs in your different regions. >> yes, that's it. we have quite some advent globally. you can

i think deere's better than agco. deere, obviously, agco would disagree.stic because of buffett. >> loves your tweet, you bought buffett? what's your next call going to be? what's on "mad" tonight. >> hampton creek, you know how much i love white wave this is i think the next white wave han. news will break on the show. >> enjoy the weekend. >> i'm working this weekend. >> you are? >> yeah going back over the quarters. nordstrom quarter extraordinary. people have to focus on. >> tonight "mad money" 6:00 p.m. the barclays analyst who downgraded walmart. before larry instantly transferred money from his bank of america savings account to his merrill edge retirement account. before he opened his first hot chocolate stand calling winter an "underserved season". and before he quit his friend's leaf-raking business for "not offering a 401k." larry knew the importance of preparing for retirement. that's why when the time came he counted on merrill edge to streamline his investing and help him plan for the road ahead. that's the power of streamlined connections. t

deere confirms what agco said a bad year. deere historically conservative.oint after they are negative in the conference call, which has been their way, that's a good way to buy the stock. 2015's a bad year no doubt about it. bad year. >> jim we did have an analyst on earlier who suggested you could be in a ten-year downturn what we've seen is the peak and you could be in a long downturn cycle where people aren't renewing, aren't buying farm equipment for the next decade. >> i can't go with that. still a feed the world strategy whether talking dupont or agco or monthsantomonsanto. it's in sync with household formation in the country. no normore people to feed you need form equipment. brazil a giant black hole in the world, black hole it's killing every single farm equipment company. russia and brazil back on nice growth in 2016. >> we'll see you in six minutes. 5 1/2 minutes. see you. >>> record cold temperatures gripping much of the country. airline delays likely. how cold is it? viewers show us next, when "squawk box" return. you can find a new frontier. t

check out shares of agco the agricultural machinery maker. it has a better than expected fourth quarter result. you can see shares up by 9 cents. other stock equipment stocks higher as well. think about john deere and cnh industrial moving higher. back to you. >> thank you very much. >>> 50 years after her first and her only and very famous novel "to kill a mocking bird" was published the author harper lee is coming out with a sequel. the now 88-year-old -- she's been working on at a long time. go set a watchman. it will be released on july 14th. amazon.com has preorders at $59.99 for the kindle edition. $33.24. no hard cover editions at this point. barnes & noble so far does not have any preorders listed. sue. >> thank you. >>> the nyse delisting all radio shack shares and suspending trades. also, reports amazon and sprint are considering purchasing radio shack stores. you can see amazon is down just a fraction on the day. office depot and staples higher on reports that the two are in merger talks. wendy's announcing it will sell about 500 r