will you fill the shoes of alan mulally that -- alan mulally? he has a huge legacy.he premium auto group, he sold that with mark fields's blessing. mark fields went into that, basically to set that up so that they could be sold, so they could get that money and leverage the present for the future. it was a smart idea. drive anger allowed to jaguar or an aston martin home after work everyday. >> i went down to the garage to see what every guy in the executive suite drives. mark field drives a taurus. do you think that is a smart choice? got inlast thing he trouble for was that he kind of lives with the family in florida. he was commuting back and forth on the company jet. >> that was years ago. >> he has changed since he realizes he will be ceo one day. the taurus is a sleeper car. it looks like a regular taurus, but is pretty quick. everyone pretty much knows car alan mulally's favorite at ford is the flex, which i think says a lot about him as well. there is going to be a change. fields field is a snazzier guy. long hair thing going on, which he seems to have trimme

alan mulally has achieved a great amount. plan and theve a plan says we are going to make it. >> he was an incredible risk taker and manager. a huge riskook on when he joined in 2006, 8 23 billion-dollar loan risk, known as a that the business loan that saved the company from bankruptcy. he started slashing price at cost throughout the business and brought in new models. he pushed forward into the modern erroa. in china, europe, europe is 24% of sales. he brought in the fusion sedan and the escape suv. working hard on the lincoln luxury model. i also mentioned collaboration. this man had to stop the infighting and start to get ford to work together. interesting that the coo, mark fields, was one of the first employees who really joined him in that effort. >> caroline hyde with the latest. boot.moyes has gotten the jonathan ferro joins us now with the latest. halogen vasa prizes this? -- how this?f ua surprise is ryan giggskely to be who takes over. we have a transition plan that has failed. i would refer to apple as a poster.

has learned ford will soon name mark fields as the new chief executive officer and reveal when alan mulally will retire. he will step down before the end of the year and be succeeded by fields, who is now chief operating officer, according to people who asked not to be identified revealing internal plans. ford may announce the move as soon as may 1. elon musk says tesla will start making cars in china within three to four years. electric car is about to go on sale in china. building in china will save tesla the 25% tariff the chinese impose on important cars -- imported cars. the south korean resident says the captain and crew committed unforgivable, murderous behavior . theivers continue to search

to replace alan mulally and ford would reveal win mulally would be stepping down. that could happen before the end of the year. the announcement on the appointment may come as soon as may 1. you see stock reaction. the stock heading down a little but now little changed. he had been widely anticipated to be named the successor to malawi -- mulally. we are watching a merger that may or may not happen in the gold industry. we have seen gold pullback. they have been in talks. those have broken down over the spinoff of several mines in australia and new zealand. becauseld resume talks

alan mulally will retire from the anthony. --from the company. step down before the end of the year and be succeeded by mark fields according to people who asked not to be identified revealing internal plans. ford may announce that moves as soon as may 1. bloomberg television continues in a moment. ♪ >> that doesn't for this edition of "bottom line" --that does it for this edition of "bottom line" on bloomberg television. "on the markets" with matt miller is next. i will see you tomorrow. hour.is 56 past the i am matt miller. let's get you caught up on where stocks are trading. we are seeing a fifth straight day of gains on the s&p 500. and dow jones industrial average is up 42 points. this will be the longest winning streak for the s&p since october, so doing very well as a leading indicator increasing the most since march. the economic picture looking better. we want to highlight a couple of stocks. linked in now has more than 300 million members. 2/3 ofpany said about its members are outside the u.s. at some point this year, more than half of

fields will replace alan mulally. hasant pharmaceuticals offered to buy allergan, the maker of botox, in a cash and stock dea. l. with the support of bill ackman, who recently amassed a nearly 10% stake in allergan. he and valeant say they do not see an antitrust issues. mcdonald's investors might not be loving it. the world's largest restaurant chain posted earnings that missed estimates. mcdonald's sales came in later than expected, particularly in the u.s. where they have been struggling. a momentl be back in from washington. right outside the supreme court. more with my exclusive interview with aereo's ceo chet kanojia. ♪ >> your tv on trial. broadcasters versus aereo. live on bloomberg television, streaming on bloomberg.com. you can get bloomberg tv on aereo. our coverage of the supreme court case over aereo. cory johnson will be at my cohost. is whether aereo should pay for this content the same as cable operators. ,or aereo's ceo, chet kanojia the answer is no. he says he is providing the equipment to transfer

he is a turnaround king as well, similar to alan mulally. it is now $8 billion in profit. boast one of to the best margins of profitability in the entire industry, so mark fields clearly has the expertise he needs to drive forward. businessy takes the review call once a week so it seems like he has got the the company. >> thanks for the latest on ford and the new ceo. as we head to the break, astrazeneca, glaxo, all moving off the deals. we will have more coverage from our deals team next. in the meantime you can follow on twitter. we will be back in just a few minutes. ♪ . >> welcome to "on the move." i am francine lacqua. we are 30 minutes into the trading today. how things are shaping all. this is the marks overall. we are seeing a lot of agreement. investors are watching central-bank action. and brushing aside lyrical tensions in ukraine. aside political tensions in ukraine. let's dig a little deeper. manus cranny has the touchscreen. >> have a look at this. the industry groups. health care rising by over 0.5%. at the other end, health. technology up by 0.8% lead highe

class we will import them for a while. >> this may be the last year alan mulally will be running thee at fort and attend that auto show. legacyller discussed his with cory johnson. skepticalf people are with ford. jack bought everything under the sun and build for it and took over. in and in detroit, they called him jack. soldcame in and everything. .e got rid of jaguar, volvo every other brand and size ford and lincoln. he also borrowed a ton of money. .e mortgaged the kitchen that is what got them through. >> it reduces the number of different types of cars. >> that is most important, he changed the culture. it had been an infighting corporate board room, a lot of general motors style. he came in and said, listen, it is a family-owned company. we all have one vision and we need to have one goal and we need to fess up and tell each other the truth about what is going on. the firsts is acolyte, the first guy to buy into alan'strategy and start holmes made in>> a factory and delivered to your door. we will show you how they do it. turning passion into business, literally. we will be s

we will be listed -- we will be hearing from alan mulally. let's get back to the markets now with john dawson. >> the yen the big story. the biggest deficit on record for march. the exports disappointing. the yen driving up if you like the nikkei. rowtopics up five days in a -- topix up five days in a row. lending restrictions being loosened. japan relisting some financials. not sure what those are. up 20% right now. big gains for these two companies. that is really encouraging. is big gainer on the nikkei should say bank -- is shinsei bank. q no motors, mitsubishi and must forecast revenue as much as ¥2 billion. very encouraging as well. overall, these three, keep your eyes on these. dramatic gains. kong, new hong zealand is closed. >> let's check on the stories making headlines around the world. will look into whether the ship made a sharp turn before sinking. 64 people are now confirmed dead. 174 survived. about 240 are still missing. transcripts reveal the level of panic and chaos among the crew as the ships are deducing. parkpresident --

reports are that chief operating officer mark fields will replace alan mulally later this year. he would stay until the end of 2014. does that still hold? >> look, i don't know that ford confirmed the speculation. liz: they have not. >> we have known for several years alan would be stepping aside at end of this year. that is not new news as it were. most thought mark was being groomed for the position. it will be significant sort of issue for ford to have to follow up, really great performance alan has last self years. mark has been right alongside alan. we do think it's a net positive, if anything. but still at this point unconfirmed. liz: ford basically followed a very smart playbook telegraphing who should take over the company. some companies completely fumbled this, microsoft, although the endgame was pretty good. at the moment looks like the guy everybody thought would take it will. just a matter of timing. are ate es move on to general motors. sales look pretty good, up 4% the month of march. you talk to everyone like dealers who are a little bit conflicted, to actual con

alan mulally became ford ceo in 2006. ford was one of big three that did not have to go asking for dollars in washington. ford stock has nearly doubled as a result. >> go out on top, right? well positioned. 68 years old. didn't go to microsoft but doesn't need to go anywhere. >> after boeing, and then turning around -- there were so many doubters when he came into ford. just because you know how to run an assembly line doesn't mean you know how to run a car company. >> he works hard. he travels all over the place. i think he plays golf. might be nice to be on a a couple boards, he'd be widely sought after. >> i can't imagine mulally retiring officially. >> no, no. i think they had to lock down mark fields, too. he had been offered a star on a primetime soap, the remake of "dynasty." >> he's a good-looking man. >> can someone that pretty be smart. >> we have you. >> what am i thinking? what am i thinking? that's right. but we always kid mark fields about that. >> central casting. good looking man. >> right. >> what does th

a lot of focus is on seo alan mulally and when he will turnover his reign. >> that has been a story i ford wishes had not stolen so much of the focus in the first quarter and is definitely stealing a lot of focus. people will be talking about it all day, even though it doesn't have much to do with earnings in the first quarter. ford is in an interesting place right now. they're introducing 23 new models globally, and that will cost them a lot of money for cos. they will be below what they made last year. things like retooling the f150 factories cost a lot of money. that with a number of different models. it is important to have a steady hand on the tiller right now. as alan mulally prepares to exit, i think bill ford is hoping very much this can be a smooth ceo transition. that has not been the case in the last few ceo traditions. >> he also spoke with bob shanks about the company's plans to move forward from the big earnings miss. >> i think the fact we are still generating positive cash flow despite what is happening in emerging markets, despite increasing investments for future gro

another headline on the call is our friend alan mulally. report from bloomberg last week said he would be stepping down sooner than anyone thought. we put that very question to the man today on the earnings call. here is what he had to say. >> you said you plan to serve through the end of 2014. does that indicate that you will serve through the end of 2014? can yourifyat? changes to the plan. >> no changes to the plan. the detroit lions, e said still not planning to do that yet but there you go. alan mulally essentially saying he will be there through the end of 2014 like it or not. i think we like it. melissa: the default redwings he is going to coach. >> even better. melissa: imagine. he could do it. >> he would be a tough hockey fan. liz: he could do it. he went from airlines to cars. he would do just fine. >> he can do anything. what about g e? that is another possibility. liz: you are floating all kinds of things. thank you very much. throwing the all-important g begi itoughlyst banking analysts is warning that banks could be heading f

you may remember the current ceo alan mulally rumored to be headed over to microsoft for a while, butays he is happy at ford, has a lot of work left to do. he might be done with that work by the end of this year. expected to be replaced. currently the chief operating officer. the news has come out of the journal. we are watching it closely, but the word is we could hear more of an announcement as to when he will step down around may 1. in about an hour, we will find out some news if netflix is attracting boatloads of subscribers and putting all of the cord cutters we keep on hearing about. the company comes out with a new earnings report after the bell. we will get to the numbers specifically we need you to watch subscriber numbers and see how much they grew. for more on that, we will look at it in a moment. shares of netflix up $1.58, or half a percent. shares up more than 98%. a first-quarter profit that follows a loss of the same time one year ago. it really underscores how the fracking business has helped this company. earlier today halliburton hit a 52 week intraday high but has

2 week low.there are reports ford will name its coo, mark fields to be its new ceo.current ceo alan mulally has said he will retire before the end of the year. and on the 44th annual earth day, comes the question - how earth friendly are you?eco- america did a poll. 71 percent of americans say they're concerned about climate change. a higher percentage say humans can reverse the damage.but would you pay more for environmentally friendly products to help do that? in asia 58 percent say yes. only 32 percent in the us and russia would buy such products. things have been hopping and popping in the bond markets. let's talk with glenn schultz with performance trust about this. let's start off with the yield curve. seems like it's kind of down. what is this telling traders? >>it's telling traders that the risk off trade is now back on. treasury yields are beginning to rally. this is due to 2 factors. first, the federal reserve has taken a more dovish approach to tapering and the timing of interest rate increases. on top of that we have increasing hostility in the ukraine. that has fueled the fligh

qwest alan mulally gets to leave on an -- on a high note.st handed matt miller to mass the raptor. he feels like, who done it now. microsoft, everyone, it was public, new that the ceo, he was talking to them about it as well. that got people thinking maybe it is time for a change and we should bring the change forward. he was planning on staying through the end of 2014. add to it the fact allen may have a serious job up his sleeve. he will not play golf at augusta or the detroit country club. will keep working. 68 years old. it was said the guy was 48 years old. he has a lot of energy. qwest a few months away, why not go to microsoft? alleems like this guy was in with ford. a few months later, actually -- >> he may not have wanted the job. you have to ask yourself, did anyone outside of microsoft want the job? may be, who knows? there another job in microsoft? another job at a big company? preparing for 2016, a presidential bid? he just laughed there he obviously did not answer. qwest let's go back to you. you know these men. you know mark f

how might it be different for for them as opposed to working for alan mulally? what alan's real legacy his he has put together all of the skills, the behaviors, the structure, that it is a very sustainable process. we have all worked together for so long. we know exactly what the other is thinking. >> thank you so much for joining us. >> he is the global head of development for the ford motor company. better, getting even bob diamond joining us after the break. >> for more on the story is michael moore of bloomberg news. has issuesamerica with the stress test. >> it is unusual for after the process is over to have something like this come up. you think the fed would have discovered this during the process. it has been going on since they bought merrill lynch in 2009. notes for the structure. citigroup was restricted for qualitative reasons. resubmitachs had to their plans because of qualitative reasons. banks are still coming to terms with what the fed wants. there are some cases like this where it is just a simple error. >> go figure. black eye is this for brian

this is your last year as ceo. >> don't make me go now. >> the always jovial alan mulally. tough to get numbers out of him. >> you tried hard, though, steve. coming up next, we are off to the stock exchange to take a reporters areur watching as markets open up across the region. ♪ >> welcome to the stock exchange. our intrepid reporters are here to tell us what stocks they are keeping an ion. n eye on. interesting upgrade in the earnings target. shares underperformed so far this year, down 16%. >> let's see if they will rub up action today. it trades in tokyo session, watching the stock because there are reports that they restart the nuclear plant stalled because there are safety reasons. citing seismic activity. you are looking at a three year chart. one of the nuclear power plants that had to get shutdown because of the 2011 earthquake and tsunami. this company is still trying to turn it around. report saying the reactor may not start until the end of fiscal year 2015. energy analysts say it could restart in september. summertime is the peak time for nuclear demand. >> we

between bill ford and alan mulally, it has been something. >> mark field has been at the company for 23 years. mulally's eking to stephen engle in china. look for that as well. >> the second front-page story, bill ackman going after another company. -- evening up with valiant pharmaceuticals. pershing square and valiant think it is undervalued. right there. what is interesting about this story, it valiant had been trying to interest them in a merger. >> excuse me. robust.e repeatedly >> this is a huge deal. an activist is getting the acquirer before the critically valiant. so they begin the dance of 14-15% ownership. >> that is right. shares are up in the premarket. allergan.- way, a fine looking bowtie. we decided to be inspired i mr. ackman in the twitter question of the day. if you were bill ackman, what would you target next? he has been very busy whether it is netflix or herbalife. we steer away from the corporate world and go to politics. joe biden in kiev to show solidarity with the ukraine. his message is we want to be your friend, your partner. john kerry warning there will b

. >> any information on when alan mulally will hand over the keys? >> i asked about this morning. shanks about what to tell me when it was going to happen. this is probably the most open secrets in the corporate globe right now. for has not made an official announcement. i would expect it relatively soon considering the fact that it is so out there. the company is not really denying it anymore. they are hardly even offering a "no comment. ." it looks like a good set up for mark fields will st. they've put out this kitchen sink on purpose to get fields ready for the new job will stop >> matt miller in the newsroom. it is 26 past the hour. julie joins mean. we are bouncing off the session lows of al. a lot of this has to do with various earnings report at we got particularly from amazon. about 1.8%.s down there is concern about reigniting tensions in ukraine and russia. it is also talk about individual stock. this earnings was a positive one. this climbing the most interiors after it beat first-quarter earnings estimate. they're forecasting it will sell off up to $1 billion of asset

. >>> the automaker will soon name mark fields to replace alan mulally. fields was appointed coo in 2012 and was previously northern american sales chief. fields hand been assuming more of ford's day-to-day operations, something he talked about with cnbc's phil lebeau just last week. >> i take over some of the bpr meetings and the daily operations of the company. we're all working as one team, staying focused on this record number of launches we have this year, growing the business both here and in international markets. we're not missing a beat. we're staying focused and doing our jobs. >> mulally who entertained the idea of becoming microsoft ceo last year is reportedly expected to explore taking on another high profile position. ford in germany is trading higher by 1.5%. >>> as we were talking about russia could face further sanctions from the white house has rebels in eastern ukraine show no sign of backing down. more of that after the break. more strategy on what you should be doing with the markets. stay with us here on cnbc's "worldwide exchange."

much of that success has been contributed to alan mulally, who joined g.m.turned it around years before the rest of the companies were forced to put their houses in order. in 2012 down 40% a year ago. ford's ticker symbol is "f," and that's the grade it's given for its numbers. it pays to read the comments in the report card. ford put aside some of their money for, quote, warranty reserve increase force field service action for prior models including safety recalls, unquote. after general motors' latest fiasco, it sounded like a prudent thing for ford to put away an emergency fund just in case. but ford said this and other things ate into its pre-tax profit by $9 million. if your kid comes home and said i got a bad grade because the dog ate my home work, you know you need to punish them some how. but what if your kid says i was sick for a month and i missed a lot of class, maybe your reaction would be different. the same with ford today. if you the investor thinks that ford didn't make the grade that you expected for a completely valid reason, then maybe you

would t comment on speculation but this had been one of the huge stories this was going to replace alan mulallyeems we have at least one report that we know. getting a brand-new model tesla s. some lucky new tesla owners andn china are getting a little more bang for their buck. jo ling kent has more on this. >> he is there in china because he wants to capture more of the luxury market. he is their rights now in beijing. he goes to shanghai to do more of that. he has told the chinese community at this tech conference that he would be building factories in china in the next three to four years so he wants to grow aggressively. a tesla model s costs $120,000, so we are not going, he is not going the middle market. it is a very niche market. if you look at how hybrid and electric cars have been sold in the past, chinese government had a target to sell 500,000 electric cars. it is a pretty related firm.t they may do a little bit better than the chinese printers have done. melissa: out asking everything in a hole in the air works. what is this button, what does this do? we don't need any extra incent

charles: culture in silicon valley, skateboard and -- melissa: it wouldn't work with alan mulally.who works at ford, jeff weiner works for linkedin. works, goes together but other companies have been built around that. melissa: evan spiegel gathers his employees to talk about their feelings once a week. charles: that is an eventual short. >> talk about your feelings. >> don't want to make a judgment based on of foam but as long as you are making money the secrets -- >> suppose our boss called him. >> i would do anything he says. i would do it. >> tell the truth. melissa: what ever. charles: a lot of stocks. one last thing, to your point, it does work until it doesn't work and sometimes these guys give megalomaniacs the worst-case scenario the american imperil guy, all kinds of charges leveled at him, the hot stock that the rail. can get these guys who become sort of nuts, crazy. >> it is the stock right now. dagen: all find games. >> i want to do this thing where you fall into people's arms. melissa: we will do that right after the show. yahoo! is getting up to fuel a surge giant a

it's certainly been an outperformer thanks to alan mulally. you like this one, too. >> i do.y when you look at the american car companies, clearly ford's the best. what i like about ford is they've really focused on fuel efficiency to compete with the japanese models while still having the f-150 as their bread and butter. they've increased their dividend. ford is a decent stock. plus if you truly believe the economy is getting better, and i do, then these names should do well. >> how about your last picture here, southwest airlines, luv, over one year, it's up -- over 2013, it went up 84%, jim. >> right. and people who follow me on twitter know that i've been riding this horse for quite a long time. i've had this position on the whole time. i've traded around it sometimes. and sometimes magically turned a great position into a pretty good position, but i've had it and i still do now. what i like about luv, when the economy went bad, it used that as an opportunity to gain market share and create efficiencies, and they've done really well at that. plus they've put in a brillian

alan mulally talk to stephen engle about everything from becoming the number three foreign carmaker in market to leaving the company. >> i think it's going to continue because the strength of the economic expansion here in china is probably going to be seven and a half percent. industry has grown around seven and a half percent. in ford's case we are bringing haventire plan where we all the different vehicles available to consumers in china, so based on the x preventing -- on the expanding product market i think we will continue to be preferred here. >> do you have your eyes set on the number three position for foreign sales? you are within striking distance hyundai. and sunday -- you have to be looking at the number and saying number three looks good and number two. >> we love serving consumers in china. our eye on the ball and keep making the best world-class vehicles they will know who the leaders are. >> i want to run through some numbers. 271,000 cars sold in the first quarter. that means 1.08 4 million in china. is that the number you are sticking to? >> i think our sales are goi

to replace alan mulally and ford would reveal win mulally would be stepping down. that could happen before the end of the year. the announcement on the appointment may come as soon as may 1. you see stock reaction. the stock heading down a little but now little changed. he had been widely anticipated to be named the successor to malawi -- mulally. we are watching a merger that may or may not happen in the gold industry. we have seen gold pullback. they have been in talks. those have broken down over the spinoff of several mines in australia and new zealand. becauseld resume talks all other terms have been agreed to, including a 13% premium. kechers, news related to the boston marathon. is winner, meb keflezighi, an endorser. the fact he won the race is giving shares a boost today. his are up about 2.5% after win. >> time for our big story. are both beingix tested this week. aereo is in a fight for its life at the supreme court. netflix is alive and well. take a look at the chart. plungingee shares almost 22% in the last six weeks. joining me with more on these , ap

we know alan mulally is going out. is it that interesting? i don't think so.e for youro dopey questions. i care about the auto industry. like i cannot believe that happens. the roles are reversed. onit is switcheroo day here "market makers." >> coming up, time to break out the urban and make some meant juleps. the kentucky derby is a week from tomorrow. the ceo with us next. exciting two minutes in sports. the kentucky derby is just eight days away. this is the first leg in horseracing's crib will crown -- ple crown. short hills down as a publicly listed company. the ceo rang the opening bell this morning on the nasdaq. good morning to you. >> good morning. >> another thing people may not know about churchill downs, horseracing provides only about a third of your revenue, down from 75% five years ago. explain to people why you have transformed the company the way you have. right.numbers are it probably surprises and a lot of people when they hear churchill downs a think of horseracing. we decided we needed to diversify the business in order to find growth. we

sayshief operating officer -- is set to replace alan mulally the.g above loss estimates. it was the first quarter overseen by satya nadella. >> pandora radio says that increased advertising is helping to narrow a forced quarter loss but shares are down 9.5% after plans to spend aggressively on marketing that will cut into future profits. >> number two is starbucks. the biggest coffee shop chain reporting a profit within estimates. stronger sales of new menu items and the reward programs that has a million dollar -- 8 million members. 23%.azon, up they rose by 22% throughout the quarter, as bezos continues to spend at the expense of profit. we hear the opening bell on this theay, my guest host for hour is dixon doll. keep your eye on capital spending, it may start to wrap up, why? >> it has not started to ramp up the degree it should have got the given the recovery. ofk at the percentage investment we have seen over the last number of years. we have significantly underinvested in structures, equipment, and intellectual property. we know what happened

mark fields looks all but set to take alan mulally's role. what is your impression of fields?g the succession plan? tell us about your thoughts. >> well, there's nothing new to say on succession. the company has robust succession plans for the senior leaders of the company. on a personal basis. i've worked with mark for a number of years and alan, and i'm honored to serve with both of them. >> bob shanks, cfo of ford, joining us today when they reported first quarter numbers that fell short but a number of charges in there. >> always with the big interviews, phil. thank you so much. enjoy your birthday. >> i will. >> back to chi town. >>> a mixed quarter for whirlpool. sales of washing machines are up. the ceo will join us for an exclusive interview. >>> headlines this week that nike is shuttering its wearable tech business, ending its program. does this mean nike is done with wearables? we'll ask nike ceo mark parker in another exclusive interview here on cnbc. [ male announcer ] the wright brothers started in a garage. mattel started in a garage. disney started in a garage.

he will take over for alan mulally, who is expected to step down this year. >>> "the new york times" looks at netflix who says it would give the media giant unprecedented control over high speed internet access. netflix also says it's raising prices by $1 or $2 a month for new customers. >>> "the washington post" says the supreme court will hear arguments today in a case that could reshape the television industry. aereo uses thousands of tiny antennas to capture broadcast tv signals and puts programs online for paying customers in 11 cities, but aereo does not pay licensing fees and broadcasters argue they are no different than cable or satellite companies. cbs is one of the plaintiffs. >>> the "seattle times" said the boy scouts revoked the charter of a seattle church because it allowed a gay scout masser to continue to lead the troop. they hope the council will change its mind next month when robert gates becomes president of the boy scouts of america. >>> and it is 7:19. ahead on "cbs this >>> a few showers overnight a spring storm rolling on through. but that is already moving on

we're talking about -- how do you explain alan mulally?ot here to defend the book. i just think this idea that if capital becomes inherited and so 100 years from now the u.s. and france is 1710 or whatever, i do think -- >> of all the countries in the world, this is the place i still think if we can just get education figured out. >> i agree with that. >> if we can get it figured out this is the place you can still do it. >> i agree with that. >> there's no dukes. >> the answer is -- >> we're on a road to surfdom. >> there is not a level playing field. >> if you're born in certain areas and in certain families you have a better shot. >> absolutely. all right. we will talk more in i just a minute. yesterday you finally saw that six session winning streak broken. dow futures 68 points up. the 10-year note at this point is looking like it's yielding 2.71%. it's been stuck there all week. investors casting a bullish eye on shares of apple. the company reported better than expected earnings. it increased stock buyback by $30 billion, upped divi

and by the way, guys, alan mulally said hi to you specifically. he said hello to the "squawk box" team from beijing. i remember him saying hello to becky, although i'm assuming, joe, he says hello to you. >> he's a friend of the show, we like him. >> tim cook sent you -- i had to beg for my -- that happens a lot, i don't know what it is. it's fine. mulally, that's fine. >> i think you'll get an e-mail now. >> i don't know. i don't know what it is. i'm nice to people, aren't i? maybe it's me. anyway, coming up, a closer look at the markets in the week ahead as we prepare for a flood of quarterly reports from major companies. >>> at the top of the hour, we have a guest host that was on earlier and now will be here for more than just a segment. we'll learn about the markets, the economy and the fed. he's a former executive at the new york exchange. as we head to break, here's a look at last week's winners and losers. ♪ if i told you that a free ten-second test could mean less waiting for things like security backups and file downloads you'd take that

alan. he's been on "mad money" multiple times. mark fields you will not skip a beat with that company. >> some of the interesting color in the journal piece the board was a little unhappy with mulally'sn with microsoft which some argue went on a little longer than it should have. >> that hamlet thing to be or not to be, alan, i sent alan a nice e-mail this morning i left out the hamlet illusion. the hamlet thing, nobody likes hamlet. i mean the play is good. okay. the play is good. but it's got that kind of how was it mrs. lincoln feel about it. >> i wish you had been here yesterday we talked about micron in your absence up again today. another almost 3% here. >> a classic game of chicken. will the other guy start building flash plants? will they buy plants. i got a lot of heat when i said i liked micron. herb greenberg took the other side. back away from the other side. if they are not building foundries this goes much higher. if they are building foundries it's a game of click be and the stock dinz. >> one retailer not putting together many new stores is home depot. gets hold to buy at bmo. that's going to be in the top ten list. >> positive story. what's more important wane hood,