the new round of results beging after the close with alcoa. yesterday-- the dow fell 167, the nasdaq 48, s&p 20, and gold lost 7 dollars will oil oil slipped 50 cents...traders are paying especially close attention to the nasdaq which racked up it s worst 3 days of losses since 2011. gm's chevy impalas from 2003 to 2010 may have an air bag defect. according to an auto safety group. the percentage of americans without health insurance is at its lowest level in nearly 6 years according to a new poll. ben and jerry's is handing out free ice cream cones around the world to celebrate its 36th anniversary. matt shapiro, president of mws capital, joins us on this tuesday. matt, it has been a couple of ugly trading sessions. how do investors go from not panicking and possibly making a profit on this market? >>there's been a lot of stocks that have come down to attractive points. if you look at the biotech, the technology sectorwe're coming into earnings season. i say take advantage of a lot of the high flying stocks that have come down. take a look at

alcoa coming. whether we can make any money. >> before we do that let me make this final point. we're saying to jack bogle is liquidity in this market as sood or as strong as it appears. some traders say, in fact, they end up -- they get hit with a ten cent spread. when he in try to execute a trade the orders that appear to be in the system evaporates because there's a lot of bid stuffing, that type of thing going on. >> there's only an absence of that kind of liquidity because of the expect jays every single order you have will be filled instantaneously at exact lui the bid you want. that would have been true five years ago. >> one of the lessons of the michael lewis book is these orders have been broken up into tiny lots. you're not seeing the big size because everybody is trying to cover their tracks. it fragments the market. >> alcoa shares does look like the company is out with earnings. 4.45 billion on the revenue side. shy, of course. a miss on the earnings number as well. after hours shares

david: larry, what about alcoa now? despite the great news the stock is not zooming ahead in after-hours. it is zooming ahead but not that much. >> yeah. keep in mind it rallied 60% on strategic alliances with boeing and ford. the production margin has gone higher. the big story with alcoa is obviously aluminum and aluminum prices, premiums are very high but beneath all that veneer there was an amazing amount of inventory mind that the market recognizes. the also keep in mind especially in the western provinces of china, they continue to smelt the metal. so the inventories continue to grow. it is tough to get at but once they do, if the lme ever changes the rule for cash and carry trade we'll see an enormous amount of ininventory, making it harder for alcoa to make money on aluminum alone. liz: let me give some clarity. bernie, you can chime in here. i know you're picking names like schlumberger and eaton. looking at alcoa, they're saying aerospace will look better than they had anticipated, not by much, but about a per

alcoa kicks off earnings season.y be one of the most important, informative conference calls out there. plus, i like the story here asle of koa focuses on higher margin aluminum products for both the aerospace and the other businesses. of course this stock has had a tremendous run lately. rallied from $8, just six months ago, to $12.53 at today's close. up 70% since we spoke with klaus kleinfeld in early january. alcoa is a company that the market seems to love. a cyclical player whose earnings can explode higher if we get a marked improvement in the economy. they delivered a 9 cent earnings. a 4 cents earnings beat. they boosted the aerospace forecast and that's why the stock was up nicely in after hours. let's check in with claus kle kleinfe kleinfeld, chairman and ceo. welcome back to "mad money." >> good to talk to you, jim. >> it seems like this was the quarter that was the breakout quarter, you realized there are two alcoalcoa. one is actually starting to become a value added company. quite different from when

in today's first look: alcoa stuns wall street. shares rallied more than 2% after the aluminum company reported earnings last night bthat topped expectaitons. the stock market changes course...finally. the gains were modest but after 3 days of heavy selling all 3 major indices were up yesterday. gold is back above $13-hundres an ounce and oil jumped by $2.06. two companies ipo today. la quinta hotel chain and chinese preventative health care company ikang. cvs will pay $20 million dollars in a settlement with the sec for allegedly concealing its financial losses from investors. and gm reportedly is fined $7,000 per day since april 3rd for failing to answer certain quesitons about its ignition switch recall to the naitonal highway traffic safety administration. larry shover of sfg alternatives joins us now from the trading floor. what's your reaction to the alcoa earnings numbers? >>i was very impressed when yesterday it beat by 4 cents. haven't seen that out of alcoa in a long time. largely due to the alliances they've built with b

now that alcoa's numbers are in what can investors expect? reuters expects it should be a percent higher, a lot lower than the 6 and a half% out showers look at the start of the year, others like fax set are forecasting a decrease in profits. >> reporter: four times a year, publicly traded companies in america have to tell investors how much they sold and how much money they made. earning season kicks off this week and investors will be laser focused on the results given the near-record highs in the stock market. >> were the valuations as high as they were? and certainly they were bumpy against the historical norms, there has to be a focus on earnings. we have had so many disruptions that there is an increased level of anxiety which is understandable. >> that increased level of anxiety could be a big part of the recent pullback in stocks, wall street experts are already reducing their expectations. first off, you should know the bar has been set very low when it comes to profit growth. analysts expect a percentage in growth for s&p 500 compan

alan: i'm looking at the stock alcoa and i like it still. scott: but what does that say about the market? alan: the market is still very bullish until proven otherwise and right now it's starting to feel a little otherwise but not that much. angie: topic number 3-- china smog. fresh air in a jar is selling for $800 in china, is it healthy enough to invest in china again using the fxi etf? alan: what i'm mad about is that you didn't think about selling air in a jar for $800. we've seen china bounce back more than 10% in just the last 3 weeks so the death of china has been greatly exaggerated. just like we get in these malaises when the market sells off, every market selloff has bounced back and it will until it doesn't. but i still like china. i think it has been trading between 32-42 and the target is 52. now they're 40% higheri still think there's a lot of legs left in that market. scott: that chinese etf is going to have to trade above 37 and stay there for a few days because i think it's been in a downtrend but it had recovered as of late

plenty focus on alcoa.to a first quarter loss on costs related to closing plants due to a global glut of a aalumin aaluminum. excluding items, profit beat forecasts although revenues came up shy. alcoa continues to deal with stubbornly low prices and is focusing on more profitable finished products. >> you have to look at where do you want to have the growth? the good news is we have a gigantically attractive portfolio at value add products. it's coming from building and construction, packaging, automotive. we are innovating, putting new products out and at the same time we are growing the profitability. >> klaus kleinfeld speaking there. alcoa up 3% after hours and in frankfurt is up another 2.4%. >>> constellation brands is set to report its fourth quarter earnings. our next guest thinks the maker of corona could surprise to the upside, doesn't think the stock's moumentum has run out just yet. thanks for joining us. the stock is up more than 100% over the last 12 months. you think there's more upside. why

. >> but today, alcoa will post its results.man and ceo klaus kleinfeld will be here exclusively. >>> also facebook shares are down more than 16% just this past month, but is this free fall a buying opportunity? yes, you knew we were going to get to a stock brawl on facebook. we'll do that. >>> and one entrepreneur who's trying to get detroit moving again, by launches his own private bus line. i love this story. >> all of that at the top of the hour. we'll see you on "closing bell." tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your t

alcoa is up 60% from its october bottom. that's a lot of klaus kleinfeld's work, the ceo. but it's also not a sustainable increase in this a environment. even if it trumps the estimates by a wide amount, i don't think it will, it wouldn't surprise me if we get some first-class profit taking in letters aa. earlier, iaa mentioned that we don't have a lot of data points coming for the high flyers, but alcoa does do much more than just report its earnings per share. it gives you an overview of multiple businesses, including autos, nonresidential construction, aerospace, truck building, and consumer products, also, by the way,, utilities throughout the world. at least turbines. the good news,th this is a tremendous overview that many decisions can be made from. and we're going to dofr that. we'll extrapolate. the bad news, alcoa has nothing to do with the unwinding of the security, software, big data, and biotech names. so it won't bail out the losers when it says l how many good things are h happening. it's part of the real economy. you want a real-world dichotomy between the

and alcoa kicked off the earnings season. that's the real indicator for the market, isn't it? >> they lead the market, it is about time the market look through the changes in the earnings we have seen. they will see really how good are they. we will have some beats. what is really going on there? it is a part of the tech sector to gain and move higher. everybody has done a u-turn. now it is off the road. stuart: you like them, don't you? charles: expectations are so much lower. a chance to knock the ball out of the park so there will be some big news. don't discount all of the industrial names of the world, we need those to click as well. charles: big indicator. >> it is big, if they don't eat them, use the other side of that, the tech go down as a whole and the rest of the market follow. stuart: alcoa, can't knock it, up 20% or so this year? nicole: obviously it is a gauge for demand of the world economy. talking about the aluminum prices under pressure, now a different picture. we are seeing alcoa seeing more demand than pr

alcoa is unofficially kicking off earnings season later today. united states, emerging market stocks continue to move ahead. up emerging markets index is 0.8%. the dollar is weaker this morning, particularly against emerging market currencies. , by prices are moving up more than 1%. that is a run date 2 week high. new 2 week high. >> thank you so much. here is a look at our top headlines. samsung posting a second straight drop in quarterly profits. the biggest maker of smartphones blamed weakening demand for the slide. they are counting on the fifth version of the galaxy phone to boost sales. $9 billion in damages over a diabetes drug. the two companies had the cancer risks of their drug which is used to treat type two diabetes. likely bewill reduced. tensions are mounting in ukraine. several hundred protests of pro-russian demonstrators seized a government demonstrators and said they are forming an independent republic and demanded a referendum for secession. the u.s. said is it -- it is evidence that the testers may be paid agitators. only four

it's like alcoa. people didn't believe it was good or sustainable. i've been an intelaholic since 1988. proud of it. they've become a classic growth stock with a 3.3% yield and a classic buy. how about yahoo!. people think the only thing going here is the titan we own a piece of. it will probably be worth as much as yahoo! no, more. i say more. people are valuing yahoo! the company. i'm not even kidding, especially if alibaba becomes public. so it's a possibility. 66% revenue growth. do some math here. that could be worth $60 billion and that's more than yahoo!'s $36 billion market cap. the company is a dead weight negative. that's ridiculous. quarter showed stabilization and even growth. it was obvious that ceo marissa myer has given unique opportunity to buy the stock. if yahoo! does it, it can buy back it's growth. i see the stock finished up $2.14 to 36.35 headed to the mid 40s as we await the ipo. no certain time on when that deal is going to come. >>> now, i know that today seems problematic as both bank of america and cxs reacted poorly to the

. >> all right, guys, alcoa reports after the bell. their report used to signal the start of the official earnings season, since the company is no longer in the dow it's the unofficial start of the season. alcoa is up almost 50% after leaving the dow. so bob pisani is here with me. expectations for this earnings season are pretty low, so does it favor -- it favors the bears in some ways, and favors the bulls if you think that longer term those stocks -- >> it's not a good earnings season, sue. right to it, earnings season starts whenever we saw it starts, okay? there's no bell, and we're in charge. in case you're wondering, it is wherever we are. that is not very good estimate. 0.3%? the retches higher than the earnings. that's the first time this has happened since the third quarter of 2012 that the revenue estimates have been higher. everyone is complaining about them being fairly weak. we'll have some strength in a few groups out there, some of the auto component, that's one of the -- by and large when you had a lousy winter and a l

david: earnings season with alcoa.y have been doing pretty well without the dow. [closing bell ringing] >> we'll watch the aluminum-maker very closely now. david: alcoa is we'll cover the earnings as soon as they bounce here. >> the nasdaq comes off the worst three-day slide we've seen since 2011. here we go. it is up 33 points. that does not erase the losses it's seen over the past week. the russell coming back about 3/4 of a percent but air definitely came out of these markets today. the dow jones industrials struggling last hour but looking to make a go of the green line up 12 points. david: looking at 1850 of the s&p, going down to 1845, saying there are levels around that point which they are contend. as you can see the s&p doing very well, outperforming the dow jones today. time for your front page headlines. "wall street journal" reporting citigroup is warning investors it may miss a key 2015 profitability target. a ratio of profit t

to alcoa ending.aluminum investor, that is good news. back, it sounds like owning a casino is as risky as gambling on one. ♪ x live from bloomberg headquarters in new york, this is "market makers" with erik schatzker and stephanie ruhle. >> welcome back. i'm stephanie ruhle. >> and i'm erik schatzker. here in newa.m. york city. >> and the chips are down. we're talking gambling in the nation's 38 billion dollar gambling industry. that is such a big number. there is worry in the industry that there has simply been too much growth. too many casinos all across the country. state, myn the garden hometown, has fallen 44% since its peak in 2006. on the las vegas strip, revenue -- from a from ace peak of $6.8 billion. andto mention new jersey perez in mississippi. h's in mississippi. in the last two years, i feel like we are talking about changes in legislation. a casino in cleveland, ohio. is there too much supply echo >> era many factors. -- there are many factors. one is too much supply, but you also have

earnings season begins with alcoa. tobias love goodrich -- tobias levkovitch joins us. connecticut holds off kentucky. this is "bloomberg surveillance ." live the from world headquarters in new york, it is tuesday, april 8. i'm tom keene. joining me, scarlet fu. he darkens the door -- way too early for erik schatzker. he joins us this morning. i stayed up and i watched a little bit of basketball. >> four games, three games left in the nfl -- nhl season. of canada's seven nhl teams made the playoffs. the worst in 41 years. >> because of that, we have bkovitch. --the bank of greece that bank of japan refrain from extra stimulus. they say the country's economy can maintain its pace of recovery even after an increase in the sales tax last week. u.k. industrial conduction rose more than economists forecast in february on a surge in factory output indicating economic recovery of a sword. in britain, wage growth accelerated in the fastest pace in seven years. >> economic data as well and earnings, of course, we have alcoa coming up after her the bell. i know scarlet is focused

record.ose the most on and alcoa, the largest u.s.inum producer predicting an end to an almost decayed long surplus turned by chinese output. it maintained its forecast to grow seven percent. reportedompany better-than-expected first-quarter earnings. past seven.minutes alcoa kicking -- kicking off the early season. let's set this up and see what it looks like. theonly season looks like u.s. and europe. thank you very much for coming in. make allow does not summer and all those things. in terms of what alcoa has to as it the earnings season looks to you, what do you look ahead to? >> we need to see decent earnings growth in the u.s.. valuation since around 16 times pay. growthe to have earnings otherwise will be falling back from those lofty peaks. people will be looking for earnings growth. we'll be looking for signs that capital expenditures are picking up. estimates have come down. >> there were six point six percent and now they are a mere one percent. that is the name of the game. reduce the expectations. if you compare the estim

did have better than estimated earnings from alcoa.utes should be out in just about an hours time. for more on the market, i'm joined by john canales in boston. you're actually pretty optimistic on the course of stocks for the full year. data youus as to what are zeroing in on in terms of economic data that may support your view. the firsteally hard, quarter of the year, almost from the first day of the year -- the poor economic weather in eastern part of the country serving in december that went into january and then february. it is hard to disentangle that from any slowdown in the economy. i think the fed has told us they were unsure one way or the other. last week's job report for march kind of helped to begin to answer the question that it probably was a lot the weather. quartere in the first somewhere in the 1.5% range in gdp, but we should get a snap back for the second quarter. and by the end of the year, back to that three percent rate. >> and you are looking for a 10% to 10 -- 10% to 15% gain on and at one >> yes, point, the s

co--- with alcoa's exposure to aluminum, it is pretty unique. sales are down. has been stop production. what do you think? beaten five quarters in a row. a lot of people are looking at that and wondering if they will do six in a row. the industry is going through a lot of consolidation. on the negative side, there is a lot of aluminum capacity coming on, particularly in the middle east. smelter in saudi arabia that is turning to ramp up. in the meantime, they are turning to slow down capacity. but the three that are coming in the the -- are automotive sector. what if the whole u.s. truck industry goes aluminum? a new source of business for them, while industrial uses may not be as strong. overall, though, if you take a look at the commodity markets, it has been ethical for 2014. nickel is up 20%. gold up eight percent. but copper is down 10%. when you take a look at the markets, what is the biggest thing you -- theme? -- in the thing is last decade, everything went up or like last year, everything went down. now it is sort of a mixed bag. nickel is up a lot bec

alcoa is coming up later. let's move on and give you a look at what else is going on as far as europe is concerned. the 600 continues to see losses. ftse 100 off 0.4%, germans, off a tenth. similar story for the french and italian markets. a quick check on the foreign exchange markets today. we'll focus as far as -- i'm showing you the asian markets first. real focus on what's going on in the japanese markets for the nikkei 225. the bank of japan, as i just mentioned, holding pat as far as policy is concerned. they did say more stimulus will be there if it's needed. yen strength feeding into this, around 1.4%. yen gains here, we have 102.60, the love for dollar yen. similar story as far as euro dollar is concerned. euro gains here, we have seen the dollar under a bit of pressure, citi analysts saying this is the most oversold currency of the g10, looking for a bounce to 147.70. talking about the europe and the dollar in particular, our next guest says it may be time to get back into the long dollar positions a

let's watch alcoa today tonight. know he's going to be on "mad money" and don't expect the blowout numbers, but you need to hear revenues are getting better. you need to hear that europe is better. i mean uk, you mentioned the uk. >> yeah. >> so you need to hear if --s growth in the world is rising, the revenues should rise, not just the earnings. >> 4% of the s&p already report and they're missing the bottom line by about a third of the time. that's above average. obviously a small sample of what's to come. but if that continues that's not going to be good. >> no. it's not been a great run so far. 2014 has been a very rocky period. when the s&p is down a point, two points and you're losing 8, 9, 10, 11 maybe you have a problem with your portfolio management. no one said, there's a lot of increased volatility and i said on "squawk" having been a former manager increased volatility that means i got it wrong, lost you a lot of money, betting on stocks that went down. volatility is a great way to put it, makes it sound

i think people are starting to warm up to alcoa. i think the stock still has room.h of 14 bucks this year. >> look, i think copper prices is the place to rally here. look at freeport and southern copper. >> a heated fight broke out in ukraine's parliament today in the eastern part of the country. it's the latest act and the drama that began when president putin seized crimea last month. now seeing if his control can be tempered. jackie joins us in maryland. >> well that's exactly right. as the tensions continue to play out in russia and ukraine, this is fast-tracking the debate over u.s. exports of natural gas. ukraine relies heavily on russia for natural gas. so does western europe. that means russia has a strong bargaining chip here. energy. and it's using as it's making strategic moves. u.s. could level the playing field, one way to do it to export gas. we certainly have enough. the eia says there more than 2 trillion per supply. putin is the best lobbiest that the industry could hope for. >> if you look at what's going on in the european community, the posture o

alcoa reported yesterday, kicking off the earnings season.mcast battle on the hill as they try to convince regulators that an acquisition of time warner cable would be good for consumers. former new york knicks' coach ttacks forundy takes a his courtside behavior. what it was all about. stay "in the loop." ♪ >> we are about 30 minutes away from the opening bell. i am betty liu. stocks rebounded after a three-day selloff. congress takes a look at comcast tableing a $45 billion today. without hurting competition. toyota has recalled issues. it is recalling more than 6 million cars for a variety of safety issues. pricefinancial set to tonight. the company was rescued by the u.s. government. for more, we're joined by leslie. tell us about how i financial and what we will give in terms of freedoms for the company. classical first give two point billion dollars -- it has beenancial, a state owned enterprise under strict restrictions from a government. now that it is selling, it will .e a 17% stake they will have a lot more freedom in terms of makin

. >> earnings season is officially under way after alcoa reported its results after the bell.hat can the aluminum maker tell us about the rest of the quarter? we will have some answers. >> instead of running from facebook, companies are willing to pay a lot more to advertise on the social network. but is that good news for the company's stock? first up, though, some tough news for the auto sector. toyota recalling more than 6 million vehicles after uncovering five different faulting involving parts ranging from steering to seats and nhtsa fining gm $7,000 a day for missing last week's deadline to provide information about its recall for defective ignition switches. morgan stanley cutting gm to underweight today, $33 target, guys, and what is a tough note, talking about the capacity the industry has added, currencies, auto financing, deflationary forces, saying there's a lot of work to do for these guys. >> you either believe in the cycle or you don't when you're on the call for alcoa it's clear that cycle is alive and well, that march was better than february, that february wa

the store the producer was to displace alcoa still think that the provision of an intent to commit another kind of odd about the fact that thousands will try to hold his bottle in it were held to one or whatever is interesting though i did find out that the men get the kids opened the scoring with fifty minutes. this one started equalised eight minutes later with a steel hull boat. but it deals with chinese joint awesome and if the vegetable plate and set to madrid to get going but it is still just off to the east of the visit of my hands on that label. it's just great the thing is for me. to this end. he tried to move to sink and music. men have in store for our performance. seventy percent of voters teach me how cute in it and it isn't easy to make me want to go on and all are very happy with what seemed that this was the place to start the day was that serious thought to have a club singer isn't going to keep a certain response. in the way we force mix. some sort of the battling a bus in an interview what to do it the rusting definite date they were serving in the image of what is the j

right now the dow is up 80 points helping lift a strong earnings report from alcoa. dr.kim young kim said the key will be how the federal reserve falls back on its bond buying stimulus program. >> the tapering is good, we're fine. the growth is going to offset the rising interest rates in a reasonable way. what we're hoping for is not some sort of spike that will throw everything off. there is we'll nobody trouble. >> you can watch the full interview it airs at 7:00 p.m. eastern time 4:00 p.m. pacific time right here on al jazeera america. >>> families with young children with mental disabilities find themselves with little support outside of the school system, and it only gets worse after those children graduate. jonathan martin has hour story. >> reporter: grace is 19 years old. she takes the bus to school every day. she's a successful artist with exhibits all over the country. and she has autism. >> she is very challenged with her autism. category it as moderately-severe. she has intellectual disabilities and also moderately severe speech language disorder. she does n

alcoa. have you seen the run that alcoa had that became loved or as we see when they get the quarterly reports in few weeks in some cases overloved. >> boo! >> we saw the same three-month love affair with the value tech stocks. intel, microsoft, oracle, sea gate. western digital. those could not be contained. just old fashioned yesteryear fact tick that got dusted off because it got too cheap versus the newer, hotter stocks that had been leaders. chiefly those that embraced mobile, social and the cloud. all of which were clubbed into submission by the end of the quarter, even though i promised you they'd snap back. sales force.com had become a whipping boy. i couldn't believe how much the thing had gotten hit and hit and hit. but you know what? sales force was no different than google. facebook. you could barely look at those names by the end of the quarter. it was too painful. and if you did, you were rubber necking rex on the stock market highway. yesterday today, they came roaring back as

investors are optimistic after better than expected profit reports coming out of alcoa.ota is recalling nearly 6.5 million cars worldwide to fix steering and seat problems. the defect affects steering columns and air bag cables. they say it involves about 2 million vehicles in north america. >>> executives from comcast and time warn cable are on capitol hill today defending the $45 billion purchase of time-warner before the senate. the vice president making his case to lawmakers saying it is not going to hurt competition. >> this is not a challenging transaction from an anti trust transaction. our companies serve different geographic areas. so the transaction will not lead to any reduction in competition or consumer choice. >> consumer groups argue the deal would reduce competition and raise prices. >>> ali velshi tonight on "real money with ali velshi" is going to interview this man the president of the world bank. he is going to be talking about fighting extreme poverty and his goal to raise $50 million by 2030 to do so. >>> internet engineers say they have uncovered a

but let's talk a little bit of alcoa. they have done a remarkable job from here.t is important. deutsche bank downgraded the stock here. you've gone double stupid. >> wait to see the quarter. any stock that has gone up 60% is vulnerable. >> how do they avoid being vulnerable with that move up? >> they can't be. the only thing, this is just exactly the wrong time. i have talked about this downgrade with people in alcoa and we were shocked that he took it down so low at the time that alcoa is beginning to get pricing now that the rules have changed. remember they have both downstream and up stream. you have made fun of me for being a backer of al coa. this is important, goldman finally comes out and likes the airlines. they initiate american air with the fine. that could be a bad sign. what you are seeing is, thank you these are cabitulations. you can't say that guy got it wrong. where they have come in. but these are real world stocks and it is not the real -- >> everybody tries to get that return are. i've never seen that before. it is a first on cnbc. you can be

shares in alcoa are up by nearly 4%. you. >> thank you. >>> time for a look at what's coming up on "cbs this morning" later this morning. gayle king joins us from new york. >> reporter: hey, michelle, brian, nice to see you. >> thanks. >> reporter: a new name in the morning. good to see you, brian. >> just for today. >> reporter: we have a very serious story that we're covering for you. we are covering the school stabbing in pennsylvania that happened a little after 7 a.m. also seth doane on the new sign of hope from crews searching for flight 370. and elaine quijano has a look at the state-of-the-art american made robots ready as to scan the ocean floor for wreckage. plus, for many. survivors of the boston marathon bombing, for many of the survivors deciding whether or not to return to the race is a tough call. we'll talk to the couple who decided we're going to the altar. and hugh hefner looks back at what inspired him to become a playboy and activist, the self- proclaimed listen to this hopeless romantic. that's what

wells fargo beat as did alcoa. the federal reserve's open market committee released minutes which basically said it would wait until 2015 to start hiking short-term rates, then at 6.5% target were unemployment. the fed also disclosed that it held an unscheduled meeting to get rid of that target. by the way, if you want to see the world in a way only a very few people can at this point, google glass will be available to any adult in the united states, but for one day only. this tuesday. the wearable device allows you to see a tiny computer screen on the glasses. yes, you, too, can look this chic for the mere cost of $1500. >>> it's been a busy week for the markets. the fed releasing its statement and a volatile week for stocks, but how much attention should you be paying? joining us now is john rogers jr. it's great to see you. i'm glad to be talking to you because you are somebody that seems to be pretty sanguine about big swings in the market. >> i think we'd will normal top a correction. we've come a long way, bu

after the closing bell, alcoa kicked off the start of earnings season with its first quarter report.fits were better than expected, but revenue was light. and drivers hoping for a break during the summer travel season may be disappointed. the energy department expects gas prices to fall just a penny to $3.57 a gallon. however, it is the lowest since 2010. that's it from cnbc, first in business worldwide. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. don't worry! the united states postal service will get it there on time with priority mail flat rate shipping. ♪ whoo-hoo! ♪ [ male announcer ] our priority has always been sa

but also, judge, because we had alcoa yesterday, i was looking at the performance of how that's done since it was taken out of the dow, and how these others have done. basically, goldman flat, the other two stocks that came in, only up, like, 12%, 15%. if you had hewlett-packard and if you had alcoa in there, these are stocks better than 50% for the period. we talk a lot about old tech and some of the older stocks, clearly dow jones stocks are that. >> right. we won't get ahead of ourselves with a couple days of gains after the carnage we saw. >> no, no. >> do you feel like this is something to build on, murph? is it a dead-cat bounce, or is it something you can, you know, build a little bit on? >> it's not. i would say, scott, i think we got a little bit ahead of ourselves with the sell-off. i think the market is, as we discussed on friday, the market is still now about 1% off its all-time high, and you look at companies that have been hit hard, like a facebook, which i own in the "playbook playoffs," and you get news out today that ad revenue charge is up 10%, the cfo, sheryl sandb

alcoa.raded to sector perform from underperform at rbc capital. >> not a hugely bullish call, melissa, but part of the continued turn on alcoa. the stock's up 29% year to date. the performance has been stronger than anticipated. target price goes to 15 from $12. >> windtrust financial. upgraded to buy from neutral at d.a. davidson. >> i'm trying to still get over this fantastic, by the way. >> it's so great. you should speak like that. try. >> okay. >> new name to me. >> it's a new name to me. chicago. i'm terrible. chicago-based hinsdale lake forest banks among other, d.a. davidson increases their target on windtrust financial to $53 from wherever it is now. >> nice pop. 1.5% on the day. >> boardwalk pipeline upgraded to overweight from underweight. that should be me. at jpmorgan. >> and it was. was also upgraded to neutral on monday. this stock needs help, by the way, down almost 50% in the last 12 months. >> rough going. >> you know, the yield, melissa, i don't know if you guys talked abo

mean aluminum maker alcoa, about as old fashion as it gets reported profits. this hopefully will be welcomed news to start off the first quarter earnings season. think of it as a report card for your stocks. it's a recipe for economic pain in the developed world. the pool of able bodied workers is shrinking while the number of retired people grows larger. later, why the next silicon valley might not be in a valley at all. i'm looking at the new hubs of america's high tech start up scene. you're watching "real money." >> president obama today tackled another peace of his economic agenda equal pay for women. today happens to be national equal payday. the president marked the occasion by signing an executive order to prevent why theres retaliating against people who discuss their salaries. if women don't know they're underpaid they can't take steps to challenge the gaps. in california a record number of women are not waiting for equal pay. as lisa bernard showed us, they're starting and running their own businesses instead. >> robin is the boss on the factory flo

following the latest of the federal reserve minutes, stocks helped by surprisingly strong earnings from alcoa as it kicks off the latest earnings seasons. taking a live look at the big board -- >>> there is another car recall to tell you about. this time it's from toyota. today's newly-announced recall involves nearly 6.4 million vehicles worldwide. the issues range from steering problems that could keep the air bag from deploying to drivers' seats automatically sliding forward during a crash. toyota says it is not aware of any crashes or injuries related to these glitches. problems were found in 27 models, including the rav4, corolla, highlander and yaris. to get a complete list, go to ktvu.com. >>> twitter is giving itself a face-lift that makes it look more like facebook and google plus. the site started to roll out the new format last night. only to certain users. the new design makes it possible to use larger profile photos and customized header images. twitter is calling the changing a whole new you. the new profile pages are available to new users and previous users but will be availab

people see that as a great growth opportunity for alcoa.f 150, already aluminum. >> out later this year. thanks. jon: dagen, thank you. patti ann: annual spring break party spirals out of control. a riot erupts. why college students clashed with police. we'll tell you that story live. and the death of a hollywood legend. the world remembers mickey rooney. we'll look back at his career next. patti ann: annual spring break tradition turns violent at a southern california university leading to more than 100 arrests and several injuries. here are details. >> hi. this annual street party that features all the sorts of things that you would expect like music, dancing, large crowds and boos, dangerous situation very quickly saturday night. this riot broke out shortly after a university of california, santa barbara police officer was clocked in the head with a backpack that had large bottles of booze inside. the crowd, close to 15,000 people, was already difficult for police to contain as you can imagine. law enforcement from nearby agencies were c

she still hold until he's barely alive the music video shows the woman sitting in pajamas the french alcoa plant signing a document additional content. the contents to see him as nothing more than a mere hint of his associates it's jobless now and then during a stroll through the cans on algiers that some photography for a local newspaper. young people i can find algeria to be a country at a standstill. the jury nothing on during the spring they know that many algerian still remember the terrible civil war in nineteen ninety you will profit the government puts fear into people. it will put the key to get so many don't want to express their real opinions it's clear that rules is still open. the bizarre election campaign with a phantom candidates has for many algerians a sample of the general government says the country. twenty two the story of a wanted man kindle called the founder of file sharing website may not lead to the entertainment industry says the motives of hundreds of millions of dollars into the german born tycoon is currently fighting extradition from his adopted home of new ze

wells fargo beat, as did alcoa. the federal reserve's open market committee released the minutes from its last meeting which said it would wait until 2015 to start hiking short-term rates and then its 6.5% target was outdate sod that's out of here. the fed disclosed it held an unscheduled meeting to get rid of the target. >>> if you want to see the world in a way only a few people can, google glass will be available to any adult in the united states but for one day only. this tuesday. the wearable device allows you to see a tiny commuter screen on the glasses. yes, you, too, can look this chic for the mere cost of $1500. it's been a busy week for the markets. earnings season kicking off. the fed releasing inlts its statement but how much attention should you by b paying to it. joining us is john rogers, jr., chief investment officer of ariel investments. i'm glad to be talking to you because you are somebody who tends to be sanguine about big swings in the market. we've had a lot of them this week. are you worried t

. >> we have numbers from alcoa. reporting better-than-expected first-quarter product. stock is higher in the --er-hours trade area and after-hours trade. ld's are just futures market said the error prevented futures and options transactions and products including corn, wheat, cattle, and hogs. intel cutting 1500 jobs. the chipmaker is closing its costa rica plant and consolidating testing operations . they had 2500 employees and costa rica before the job cuts. back to you. >> thanks very much. a next guest claims to lead life of free association and , nations.d america'sese tools as favorite dad. daddy.""dirty why write this book customer >> it is a good western. i have had it book in me and that i had surgery and i had it removed. that is the kind of comedy that works sometimes. >> i understand. you will be here all week. >> this thing is kind of about death and comedy and i was my headrying to get around how much death was in my family. my father's sense of humor is yellow schumer which i inherited. and i was throughout a stand up since i was 17. that kind of humor i

looking at alcoa. it came out with his numbers yesterday with earnings beating estimates.omments about aluminum demand broadly, saying it will out face supply this year. that that could be changing on a more permanent basis would be positive for alcoa and other producers. a big decline today sort of bucking the trend. and through it if -- intuitive vinci robotthe da sales plunging, selling only 87 robots in the first quarter. >> we are talking about medicare millionaires. we received the misty tilde report on medicare, big data from the white house. what the government found was pretty shocking. the government paid almost $4000 , medicaloctors professionals, more than $1 million each in 2012. the highest-paid made more than $10 million. you have one ophthalmologist in florida who made $21 million off of medicare. medicare is the largest health-care payer in the u.s.. doctors fees make up 12% of its budget. overtreatment waste or abuse? these numbers are pretty staggering. -- critics argue that it leaves doctors to unfair criticism because it does not show the detail of pat

i'm limiting my downside risk .ut playing for a quick upside >> we're also keeping an eye on alcoa.ng after the close today. since it has been kicked out of the dow industrials, it's on an absolute tear. what is the options market telling you? >> the options market is pricing in about a 5% move. downside, if it were to go down, that move puts alcoa down at major resistance around that 1180 level. break to the upside, it could go another dollar or two. -- the move to the downside is more probable than a move to the upside. >> scott bauer, joining us for our options insight. we will we back on the markets in just 30 minutes. "lunch money" is next. ♪ >> welcome to "lunch money." we tie together the best stories, interviews, and video in news. jim's big fix turns out it hasn't even left the parking lot. in media, amazon on top. the e-commerce giant be too low and apple at their own game, sort of. in nation, equal pay under the law. president obama wants federal contractors to get on board. classroom, sprint is reimagining the reading process one word at a time. and the final

hollywood welcome jomary así que sigueme >> estoy buscando mi maleta >> no lo expresaba pero estab alcoasido para ti todo esto de que te apuntaste al reto hasta hoy >> algo difícil pero no imposible estoy contenta conmigo mismo una esta que me ha costado sudor pero acá estoy con unas cuantas libras menos y con saloud >> ¿dónde esta el rancho? >> en utah >> los queremos >> cual ha sido el momento más duro de tu peso porque todos queremos que nos acepte el mundo entero y ser fit in lo que todo el mundo quiere >> yo no soy de comer mucho porque no soy mi mama le dicen yo no entiendo porque si tu no comes tanto ¿por qué no estas así? no me lo dijo com regaño sino critica y ahí buscamos ayuda medica yo tengo una coraza que digo que no me importa lo que diga el mundo pero hay momentos en que me miro al espejo y digo que noquiero ser así, no quiero y s duro, es duro pero, nadie sabe , nadie sabe lo que uno siente, es duro >> its ok, todos hemos pasado por eso es duro y reconocerlo te hace más fuerte cuando intentas decir que lo real es que te duele y es injusto que la gente te juzgue lo hacemos

we will start with alcoa, which reported two days ago after the bell. have been some comments out of alcoa effectively saying the long dry spell for metals is over. it is for kay's sting the demand will exceed -- forecasting the demand will exceed supply. that is in part because they cut back on production. if you cut up production, of course -- >> there is a little payback. >> toyota really struggling along with several motors, recalling about 6 million vehicles. practically one-for-one with gm. the stock is down. >> the american depository receipts. >> the ordinary straight in tokyo. all whole range of defects from to break -- airbags lamps. it is all safety related. >> the distinction with gm, there are no deaths or injury tied to the recall. >> at least that has been reported. >> toyota dealing with that. speaking of dealing with a lot of issues, regulators won't let wall street forget its role in toppling the financial system with risky lending practices. the three banking regulators on a lesser proposal to have the too big to fail banks that aside

in terms of individual stocks, take a look at alcoa, just mentioned.ngofficially a top season. remember, it is not on the doubting the -- it is not on the dow anymore. addicting they will exceed production this year for the first time in nearly a -- predicting they will exceed production this year for the first time in nearly a decade. more on the markets in a half-hour. and you will get "bloomberg west ." ♪ >> you are watching "bloomberg in a" where we cover vision technology. i'm emily chang with cory johnson. comcast executives testifying before the senate judiciary committee, defending their case to take over time warner cable. is the chuck grassley ranking member of the judiciary committee. he joins us from washington. senator, thank you for joining us. you were inside the hearing today. where do you fall in this debate? purpose is process, and not make a decision of whether or not this is a or not.te merger the federal communications commission and the department of justice is going to make that area -- make that. hopefully those are not politica