david: let me ask you to be specific on alcoa. what is it about alcoa that does not apply to all the materials? >> well i think alcoa is unique in that the aluminum market is very much a global market influenced by the dollar and currency and a lot of moving parts there. i will say looking out over the long run for alcoa, the aerospace industry picking up and then also, in the ways that they are now tied to the automotive industry, do play a big part in them seeing incremental demand here this year. >> let me get to todd. todd, you were on the floor today watching the action and it was mostly done but what brought us up off the floor? at one point we were down 175 points for the dow jones industrials. i'm not trying to challenge the verdict of the markets that would be pointless. i'm just trying to figure out what happened today to spin it forward for tomorrow. for you, you're the guy who knows what happened. >> if you look what happened, the real thing to watch is the vix index, the volatility. all day long, this morning when mar

alcoa already makes the fasteners.bout a multi-year cycle as both air bus and boeing would tell you. every time he does a deal it takes away from the notion that i can look at the lne and decide how alcoa is doing. i think it's smart. he's got to get that company away from being just plain vanilla and he's doing it. >> yes, he's done it. >> he's done it. >> we're going to get to bob in a second. want to come back the a number of the names we focused on at the top. mcdonald's is up. >> the sense of urgency -- >> down 4%. >> that's thompson's problem. thompson's legacy. >> this is still thompson's problem. wendy's wasn't any good and wendy's got good. burger king wasn't good burger king got good. >> that's true. >> they are not entertaining this, but a lot of investors will talk about it about why not beef up debt as opposed to equity. that's the world we're in. >> they've got a balance sheet. they can do everything. >> i don't want to have to hire a lot of people because i don't want my menu to be so difficult. i want t

. >>> alcoa is buying rti international metals. and that is where we begin tonight's market focus. the aluminum giant buying the titanium supplier in an effort to grow the aerospace business. >> why is this a good deal? on the one hand we are expanding all value in business. secondly we're expanding it in aerospace that is high growth. this year we believe the commercial aircraft are going to grow 15%. overall 5 to 6% annual growth rate. >> shares of alcoa offjust $30 a share. >>> simon property group is launching a hostile bid for rival macerich worth about $16 billion, after saying macerich refused to discuss the confirmation. >>> the activist star board value is upping to yahoo! now. they want a major overhaul there. they want to spin off its stake in yahoo! japan. shares there off 1% to $42.98. >>> shares of whiting petroleum popped on reports that it is seeking a buyer. the search comes as the price of crude plummets which has taken a bite out of the oil and gas producer's results. shares moved up to $37-.71. a retailer sales were in line with consensus. the stock was up 1.5%

what's up with alcoa, i love my family, country, and making money. alcoa though i don't love.as some good things. up a little bit with the f-150. i'm not necessarily buying into it right now. >> people think of it as their dad's stocks. new ceo. acquisitions. they're changing their internal strategy. they'll be more than the aluminum player. >> we're looking at a very, very ugly chart though. you're not in this stock. >> better days ahead, but i'm not in it. >> they're putting a new camaro out. aluminum. >> with the cafe standards from the obama administration, everything, mactrucks will have aluminum. until that happens -- you saw that chart. it looks absolutely ugly. thanks a lot. see if we can squeeze in more later. right now, tune in tonight for cavuto. neil will be talking with ken feinberg, the claims administrator for gm. the ignition case. discuss the potential lawsuits from the germanwings crash. and the update on the gm crash. a lot of money at stake. a lot of reputation. tonight at 8:00 p.m. right here on fox business. we'll talk about the real bull market. i'm talk

people sell alcoa and buy rti. i think you have to take a nine-month perspective. that's when i think alcoa can rally back. let's go to jay in pennsylvania. >> caller: booyah. my stock is cinemark holdings. what do you think? >> that is a very interesting company from the get-go. it has been such a winner. i remember when they started that big dividend. i thought, wow, what a great year. the stock has gone up huge since then, but i think you can go higher. i like the choice. happy tenth anniversary, cramerica. thanks for sharing this milestone with us. roll up your sleeves. get ready to learn some more and enjoy the week. on "mad money" tonight, the celebration continues with three of the finest ceos i know. pepsico is a worldwide leader. can this stock say carbonated? i have the exclusive. then starbucks, cultural phenomena. then regeneron, it's a reunion you can't afford to miss when "mm" continues. stay with cramer. >> mr. cramer you are my inspiration, motivation mentor. you are my hero. you make my life. >> your passion for the stock market is contagious. you

downgrade of alcoa today adding to sentiment. the european economy shows signs of improving.il managing to hang on to a level above 50 at 50.6. the ten-year remains around 209, 210. road map begins with the markets. investors facing this continuing pullback, after the nasdaq broke 5000 earlier in the week. private sector employment data not helping, days ahead of friday's jobs number. >> everything must go. target aiming for billions in cost cuts while abercrombie shares get discounted on mixed quarterly results. >> pressure mounting on ge's ceo jeff imle. we'll explain why that's in the news. >>> stocks pulling bakken on track for a second straight lower open adp employment below forecast 212,000 workers added to payrolls in february. that's ahead of the jobs number friday. and after some of the mixed data out of europe and china overnight as well as surprise rate cut from india's central bank, the second cut there of the year. eurozone, jim, you said yesterday the green chutes are no longer green chutes they're outright plants and the pmi number, even in france would back t

alcoa traded all the way up to 45 on endless strength of aluminum pricing.nd potash fell down to $80 in 2008, a straight line as agricultural commodities soared. peabody energies skyrocketed from $34 to $88 during that same period. as analysts declared a beginning of a coal super cycle. freeport copper and good not to be outdone u.s. steel zoomed up. the biggest iron ore producer shot up from $19 to $120. iron maker, not exactly the facebook of iron ore either. the run away commodity prices that propelled the moves were among the major reasons that the federal reserve tried to stop the price increases. the result? another crash. s&p 500, it was cut in half. pricing was obliterated. >> the house of pain. >> and none of these stocks ever even remotely recovered. alcoa is at $12.96 down from $45. cut by three quarters. aluminum was hammered mercilessly. potash has been clobbered back to 32 as corn collapsed taking the entire agricultural complex with it. peabody's plunge from 88 to 5? that's the stuff that portfolio tragedies are made of. so much for the coal s

should alcoa rename itself titanium? aluminum giant swallows a massive titanium producer in one $17 billion gulp in an effort to boost its aerospace movement engines. genius move? and anniversary party, yeah, they sometimes end in fights and tears and divorces. on this sixth anniversary of the bull run, are we long overdue for the bears to bring on the buzz kill from the six-year-long big party? no worries, there's always a trade, and we've got it. andy brenner, head of national alliance, he sees opportunity where others see that kind of payoff on your screen. where he's seeing green, coming up. ♪ ♪ ♪ at mfs, we believe in the power of active management. every day, our teams collaborate around the world, to actively uncover, discuss and debate investment opportunities. which leads to better decisions for our clients. it's a uniquely collaborative approach you won't find anywhere else. put our global active management expertise to work for you. mfs. there is no expertise without collaboration. i'm almost done. [ male anno

alcoa, the stock pretty much doubled. all right, it doubled right after it got kicked out of the dow. in those three instances, those investors who bought the dow at least these components of the dow right after they got kicked out, they did pretty well. again, this is not some gensfwlags, but in recent history, it might be one of the reasons why burns mckinney like that at&t story. >> dominik, thank you very much. let's go to eamon javers for breaking news. >> there are charges against three defendants in what they're calling one of the largest reported data breaches in u.s. history, and this is a global spam operation. the department of justice is saying that two of the people involved in this alleged ring were vietnamese extraction operating in the netherlands and cooperating with somebody in canada. all of it was based on a hack that they allegedly did into e-mail service providers getting tens of millions of e-mail addresses right from the source and then span spamming those e-mail addresses over a period of years. t

scarlet: bank of america downgraded alcoa. the news -- the new price target is $17.se rule changes at the london metals exchange. keep in mind that alcoa has outperformed the s&p 500 by about 15 percentage points over the past 12 months. teen retailers are in focus because of earnings. abercrombie & fitch headed to its 10th decline. is down 40% over last year. the company also warned that the first half will remain challenging because of strong dollar -- the strong dollar limits spending by tourists. they are also still looking for a new ceo. american eagle, the other direction as analyst were looking for a drop in comparable sales. unchanged, herbal sales from the previous year. first-quarter profit, the outlook is topping analyst estimates. extending its advance we have seen over the last couple of weeks. it is approaching the $12 level which would mark highest level for this year. it is about subscriber growth at tivo. betty: thank you so much. after delaying the release of its spending plan, exxon has just announced the cap x budget for the year ahead. it is kind

. >> and dan, alcoa in the next couple of weeks, and the earnings are back up, and that is a worry. >t weak q2 guidance. >> that is it for us, and pretty eventful friday show with the ellen pao verdict today. and we will leave you with a live picture here inside of that courthouse. "mad money" is coming up with jim cramer right here on cnbc. >>> my mission is simplement. to make you money. i'm here to level the playing field for all investors, and there is always a bull market somewhere and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to mad money, and welcome to cramerica and some people want to make friends -- but i want to make you money. call me at

this was alcoa. the stock is not as large as it used to be but look at this chart. of the dow in the one year subsequent. this is not to date. this is in the one year. this is not the general rule. a lot of stats can be manipulated one way or the another, but it tells new recent history some of the stocks tend to outperform when they get kicked out of the dow. it might be one reason some investors are looking a little more closely not just because of the dividend yield. >> dom, thank you. should at&t embrace being evicted from the dow 30? let's get more from jeff hirsch, editor and chief of the stock traders almanac. what does the almanac say about these kind of moves? >> it's not something we necessarily track but we keep track of the dow. i have the original dow book et edited by pierce that has all the numbers. a lot of these stocks have already taken care of the issues, begun to remedy the problems getting them kicked out by the time they're out and the stocks that are coming in at their peak. this is not something that's new but i don't think apple coming into

. >> caller: alcoa. >> they are doing everything right.this be break down quarter, i don't hi so until the company closes on its acquisition. that's the conclusion ladies and gentlemen of the lightning roubd. round.nd. bd. round. nd. round. you can call me shallow... but, i have a wandering eye. i mean, come on. national gives me the control to choose any car in the aisle i want. i could choose you... or i could choose her if i like her more. and i do. oh, the silent treatment. real mature. so you wanna get out of here? go national. go like a pro. >>> i take your tweets seriously seriously, even the ones i probably shouldn't. if i answered in 100 characters or less it wouldn't be right. let me show you how i would have responded if i had 100 words. here's the tweet. -- obviously no justice could be done it to that kind of question doesn't stop me from trying. first let's take colt stocks amazon netflix -- i'm going to explain it like i'm a five -- my daughter taught me to look at that page. i don't like cold stocks. i take a classic approa

goldman sachs replacing alcoa.anges in 2014 and today apple will replace at&t effective march 19. we reached out to s&p and dow jones and they said they did not run the numbers so they could not answer a question but the presumption here is that the dow would have been higher. >> there is no shortage of math expertise. what are the results? >> one of our equity specialists ran the numbers and came up with an approximation. let's show you the charter of the dow jones industrial average since the start of 2009. the y-axis is not the actual level. the dow jumps 162%. we figured out what would have happened in here is what he got. that is the yellow line, a bigger gain. 221% increase, a difference of 59 percentage points. this is an approximation and the chart reflects price appreciation of the dow's constituents. we not making a claim on where the dow would have been and this does not include reinvested dividends and all of that. >> whether it is the dow or the s&p, fund managers are matching the index. >> i have been

alcoa spending $1.2 billion to expand its aerospace unit.pany agreed to buy rti international metals to expand its titanium and special metals role. asia airlines flight 3 -- malaysia airlines flight 370 was flying with an underwater beacon that had expired. it was also caring for hundred 80 pounds of lithium-ion batteries that did not undergo normal screening, according to an interim report released one year after the plane disappeared. of course, it is still not been found. don't say climate change or global warming in florida. employees of the department of environment protection have been ordered not to use those terms in a fisher communications according to the office of governor rick scott. governor rick scott. governor scott was a skeptic of global warming. he did not want to hear it. "bloomberg west" will be right back on the latest with his apple press announcement. ♪ cory: welcome back to "bloomberg west." i'm cory johnson. the apple event here in san francisco is underway. it is time for the bwest byte. >> the bite is 13.1 millime

as you can see alcoa a massive 75%. hewlett-packard up and citigroup up.s it mean for apple itself as it joins the dow? we're joined by daniel gleason a mobile analyst. we're discussing the smart watch with him. does it change the outlook for apple's stock price? >> it doesn't in particular. real listically the most important thing for apple is the new product announcements is continued momentum with iphone and trying to drive more volume in the laptop business as well. those are going to be, you know the key drivers of the performance. >> let's talk about, of course today's big meeting. the smart watch release. is that going to be a game-changer? >> i think it could be for apple. apple, at the moment is at this point where even though iphone sales hit record numbers in the past smartphone penetration and many western markets is really plat dougheau plateauing. it's already hitting over 90% in some markets. there may not be huge growth in the market particularly at high end where apple is. it's looking for that next market. that next niche to grow its busi

can we get a sense of alcoa is doing, right about to report the quarter because it's about to start the month of april. don't forget why this is so important. the transports have been punk lately. whether it's because of the number cuts in the railroads or reduced because of lower coal shipments or worries in decline in passenger seat models the transports failed to confirm last week's rally in the s&p 500 and that was an excellent tipoff that you were getting greedy if you hadn't taken anything off the table ahead of the declines hence why we ran the clip of wall street michael douglas at the start of last friday's show next tuesday we get results from fresh pet. that's the natural and organic food company for your pets. the other day on twitter someone said enough already about natural and organic. i wanted to tell them to stuff it but instead i pointed out, two of the greatest stories of our era then i blocked the clown. i think fresh pet could have a similar story. this is the single most heavily shorted stock that i follow. that's right, there's more people betting against the stoc

david: we wanted to mention, one thing we didn't have a chance to with nicole, alcoa down significantly there are all kinds of meanings, ways to interpret that we'll get into that with our panel. liz: meantime "after the bell" starts right now. let's get to it. david: so, breaking down today's action we have eric marshal

of course you won't know any details until alcoa kicks off in april. but fear definitely has had the upper hand. this week may have the upper hand next week. we think where areas in the market are sensitive to the economy and mainly consumer areas in particular, we're going to be able to if not chase yield, at least look for growth both in the u.s. europe and japan. we continue to see consumers in those three areas basically strengthening. and likely to continue to find ways to be able to spend and drive up earnings over and against all the obstacles. >> anthony, where are you lightening exposure to this market? >> we are seeing right now. the dow has had triple digit losses eight times in the month of march a alone. coming off a six-year bull rally, we think the market is starting to run on wobbly legs. one of the things we're doing for our clients is positioning them. we have some hedge options strategies that are actually profiting in this type of volatility. we're up 5.5% fitter quarter this year, while the dow and the s&p are negative for the year

>> my stock, jim, is alcoa. >> all right. enough pressure now. what is going to go to $12.ome here. robber in the new york. robert? >> happy early st. patrick's day boo-yah you to. >> that's right, i have to wear a green tie tomorrow. what's going on? >> i'm looking at accelerate diagnostics. >> i do not know them. i know that this is an antibiotic -- for bacteria infections. i have to do more work. maxine in new york. >> hi thank you for taking my call. >> of course. >> i really need your advice. i bought micon. ever since then it's been going down. >> yeah deutsche say they may rally the second part of the year. the problem with them not to mention intel and hewlett-packard and microsoft is they are pc related. pc means sell sell sell. sandy in california. sandy? >> hi, jim. happy anniversary. >> thank you. >> now that trinity industries seem to have gotten past the safety problems with the highway guardrails, you would be a buyer of the stock? >> i saw. that i still don't like the core business which is the rail cars. there is just too much capacity. i'm going say no to

after alcoa reports we'll take a hard look if they are still at 12. right now it's b & a. oil patterns are changing. let me give you advice. when you see stock futures down huge like they were this morning and oil futures up big, get on the right side of of the trade. still ahead on "mad money," why the company connecting your cell phone to the system isn't getting the roadside bomb respect it deserves -- respect it deserves on wall street. i have a company that can help. get ready for my take on stock after stock because it's the lightning round coming up on cramer's "mad money." (vo) rush hour around here starts at 6:30 a.m. - on the nose. but for me, it starts with the opening bell. and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading. that's why we've built powerful technology to alert you to your next opportunity. because at scottrade, our passion is to power yours. this is my body of proof. proof of less joint pain. and clearer skin. this is my body of proof that i can fight psoriatic arthritis from the inside o

take a look at that particular one, alcoa. a stock that's been on fire, ever since getting kicked out of the dow, it's doubled in value. and now you can see over the course of last month or so showing some signs again of a little distress. nothing to be panicked about yet, but we've seen this death cross form here as well. maybe that's a side of more downside to come. >> the orange is my 50-day -- >> the green is your 200. and you're seeing the orange go below the green one. that indicates sentiment may have changed. and microsoft, the tech giant, it's been the talk of a lot of tech investor conversations right now, maybe a value stock. >> you can see where and why. when you look at the stock price chart, you can see a sharp falloff there that is really what's pulling that 50-day moving average down. and you saw it on alcoa. >> those short-term averages are much more volatile. we have a lot more of those things on cnbc.com/pro. check that out on the website. >> sarah, over the you. >> thanks very much, guys. oil prices are clo

at that -- 1989, when the alcoa died -- when the ayatollah died. the question is what consensus could you have if you do not have consensus readily available, and the other issue with the nuclear program is whether the much more ideological elements of the islamic revolutionary guard force will settle for anything less than a hardliner -- rather -- whether we can have a cycle of radicalization, which is what many political -- rather than what many political scientists assume, which is a modernization. host: go ahead. you are on. caller: i wanted to ask a question on iran vis-a-vis israel. i am concerned about the verification issues you raise. in verifying iran's dismantlement of existing infrastructure, versus being able to verify or detect any covert nuclear activity -- is there a lot of daylight between the u.s. and israeli positions on these issues that could lead to a major, catastrophic, or misinterpreted kind of outcome? thank you. guest: bob asks a relevant question. there is daylight between where the u.s. and the israelis stand, and more

. >> drop for alcoa down 4%. petey?as off a downgrade, and they were talking about the fundamentals being one of the issues and also dropping what was the full year numbers from 130 down significantly so when you look at this company right now, it was over 17 and now it's pulled back. any more of a pullback then it's a buy and it still has little room to the downside. >> big pop for wayfair, karen? >> just talking about it. it is an etsy similar kind of thing but much, much broader. they came public at 29. hadn't seen this price since, so today they actually announced good earnings or less losses and some positive guidance so that was good. it was a very big pop and maybe there's some momentum now to get back above the first -- the ipo price. >> still ahead, headlines have been screaming that apple watch will be a flop for the company. exactly how many people are planning to buy one? got some brand new details after the break. stay tuned. at ally bank no branches equals great rates. it's a fact. kind of like shopping hu

alcoa. household names. the chamber of commerce was against this bill.s not about a hypertechnical legal analysis. it's about the image of indiana. this will hurt. and it was a very kind of public relations bone headed move in this era. and the only reason they passed it is because of the proliferation and the constitutional analysis around gay marriage. >> steve, you're an expert in so many areas, i'm going to push you in your envelope here. does this mean notre dame wins the championship in basketball in their home state of indiana? they can't even win it there because they won't be allowed to play there? >> you're looking at the ncaa headquartered in indianapolis. this year's final four coming up in indianapolis. this year's final four will still be in indiana. but indianapolis is a frequent site for the final four will they get any in the future? will the ncaa itself -- which 15 years ago it was a big coup. will it stay in indianapolis? i think there's a longer term question there. >> so that's the fourth and the sixth of april. that's come up too fa

. >> drop for alcoa, down 5%. pete? >> that stock got smacked. it gets them more into aerospace.acquisition. the stock swap. they bang the stock down over 5%. the stock was $17 just a month ago. here it is trading a much lower price. i actually like it down here. >> pop for twitter, up 2%, tim. >> a regular part of our would you rather on the desk. i think you would rather over a facebook. jpmorgan would rather. they add it into the focus list 67 rate. >> michael kors down, 52-week low. >> they had a cave-in of the roof of the distribution center in ohio, which is causing delays for some of their online shoppers. i'm getting a little annoyed of having so many great opportunities to buy kors at ever more attractive prices, but i did buy some more today. >> all right. and a pop for the mr. fur face contest. >> huh? >> men in alaska grow and decorate their birds as part of a festival which raises money for local charities. customers compete in categories including wolf, red fox and polar bear every year. every year we talk about this. >> pete's, what would you? thinking it is. it do

rti international metals got its offer from alcoa. today is more similar to the story on friday. richard fisher of the dallas fed , he is not going to vote in the next meeting. what he had to say caught people's interest. the fed cannot wait to long for these interest rates. they run the risk of overshooting on their employment goal and causing unemployment to get artificially low which could cause a recession down the road sometime. whether or not he has any insight on with the fed will do next, people are paying attention. betty: it is inevitable. what are the other catalysts for the short term? mike: companies have this record amount of cash on their balance sheets right now. will the m&a wave continue to go on? look at qualcomm with a $10 million buyback this year. -- $10 billion buyback this year. everyone is wondering what they will signal. betty: what about sectors? mike: consumer discretionary is doing well. cheaper oil is helping. technology is doing well. raw material companies are doing -- a lot of that has to do with building materials. companies like balkan materials

in the middle space, the mining industry alcoa. in the ad space -- energy companies and crude oil.re never supposed to be impacted in a negative way from speculative position limits. limits on how much of a commodity can hold. the agency can fix -- if they don't fix it, congress may come in and provide guidance. olivia:brendan: why is the rulemaking taking so long? bart: because they left the sole ambiguity -- in order to get support, they cannot be too specific. there was this whole area of financial industry that congress had no clue about, let alone some of the regulators. the ftc area. it is a problem but hopefully they will keep moving forward. tom: we have five regulatory groups. bart: i have always been opposed to that because i thought what would happen is the cftc would be best given the amount of volume traded in commodities -- tom: bart chilton with us. a lot to talk about, including the controversy over high-frequency trading. olivia: the conversation continues. more than a million brazilians took to the streets to make their disapproval of the president clear. we will

alix: -- scarlet: alcoa shares falling to the lowest level since may.m maker agreeing to acquire rti international medals for $1.25 billion, expanding the aerospace unit. alix: and never three is tesla. the company sales have slowed in china. scarlett: number two general motors. the company announced it will buy back $5 billion in stock by the end of next year. activist terry wilson was pushing for the buybacks will stop -- for the buybacks. alix: and our number one stock of the day, can you guess it you it is going to be apple. -- can you guess it? is going to be apple. shares are up in the anticipated -- in the news of the highly anticipated iwatch. and we are gearing up for the closing bell. seeing a rally underway making up the losses that we saw on friday. the dow of triple digit. the s&p up by about eight points, and the nasdaq by 14. [closing bell] you are looking at the bill ending today" stop -- ending today's close. and still with me, scarlet fu. also lisa abramowicz and carl riccadonna. greek clouds are still looming. the greek finance minist

reserve on when it will begin raising interest rates, and waiting for the earnings season to begin, alcoag out with first-quarter results next wednesday. the effect of a stronger dollar continued weakness in oil prices, what that means for corporate profits and executive use of cash going forward. alix: thank you so much. i'm here with lisa abramowicz and you just heard scarlet lay it all out but we keep getting data trickling out that is not that great. we saw the chicago pmi coming in pretty late in march. >> absolutely. the u.s. has hit a soft patch, but three factors are impacting the market right now -- one is fed policy, two is the strong dollar and three is declining oil prices. each of those are having an effect on the equity and bond markets. going forward, we will start to get clarity with the jobs report on friday, and we will start to see corporate earnings coming out in another two weeks, and markets will have more clarity to move forward. alix: this seems like a mushy compilation of all this data but we continue to see triple-digit swings on the dow every day. >> yes, you sa

alcoa comes to mind. >> after a long time. >> after a long time that didn't necessarily belong thereor quite some time but when it did fall out, it's something of a blow in terms of psychologically but what it actually means for the company and their performance, absolutely nothing. even the stock prices as we say, again, there's no index money or little against the dow 30, as opposes to the s&p which, by the way, a market weighted index, where apple is the largest single component because, of course, it is by far the largest market cap company. >> you can only imagine what the atmosphere's like at apple hq as you go to the iwatch launch of course, on monday. so important. so many perceptions arguably to turn around. you can bet, probably talk to the compilers -- >> you think -- we'll talk about apple, a shock that we discuss apple. >> the people that compile the dow. >> we'll talk to them. >> hopefully. >> i hope we do. >>> the other big news of the morning the employment report with the headline figure job growth there at 295, we've generated over the last three months an average g

meanwhile, alcoa, one of the worst performers in the s&p. down about 5%.it will buy rti international metals in a $1.5 billion deal. rti shares soaring nearly 40% on the heels of that announcement. and finally blackberry shares sinking 7% on the day. goldman downgrading the mobile phone mack phonemaker to sell saying it cease losses widening in the years ahead which ironically comes on the day apple announces a brand new product category. >> unfortunate timing for blackberry. here is another stock that's been on the move. it's up more than 50% in just the past year. >> that will be lending tree. for more on what's driving the company's success, joining us in a cnbc exclusive is the chairman and ceo who is ringing the closing bell in 25 minutes. good to see you again. >> thank you very much for having me. >> there was a period where people just couldn't get a loan. for whatever reason the banks were holding back or people didn't have a job or whatever. things are thawing right now, and i guess you're seeing that and that's what's contributing to your stock

. >> and yes, for alcoa unofficially kicking off the season which is another one to keep it up. >> andvanilla, because i don't like the chocolate. >> i gave up chocolate for lent that is how much i love it. >> and you put the chocolate sprinkles on the top with the crunchy thing ss. >> i am clearly missing it all out. >> we will try it after the program. >> and so, coming up is "closing bell" for us, and what is coming up "fast money? >> thank you, kelly. >>> ellen powell says that the former employer kleiner perkins did not promote her because of her gender and we have a verdict coming out any minute and we have scott there in silicon valley following it and what are you seeing, scott? >> well, the jury is coming into the courtroom, and let me lay the scene. we have the verdict form as we v have been saying is seven pages long, and what happens at first blush may not be what ultimately happens in the trial. this is an example. the first question that the jury is asked to answer is was ms. pao's gender a substantial motivation for

. >> they will until we get into probably mid-april after alcoa reports -- >> and then a surprise beatngs that came down five times before they beat them. >> at $120 for the year, today's sapp s&p. >> it's actually $118.50. >> it's a little pricey. >> it's pricey when you don't have a catalyst for organic growth when you're not making the capital goods investment to fulfill the growth that's 17 times multiple as promised. >> and the scarier point that this keeps going, that the rally keeps going to the point where the multiple becomes higher and it doesn't take one of these events but something exogenous to end it all. >> i think the market react the way you saw today. a negative durable goods number. the they priced negative earnings growth but they'll only accept it for so long. we will need to see wage growth durable goods come in need to see inflation a little bit better. >> look -- >> you know what would be great, if businesses stopped fleeing america and stayed home and made some investments here. >> and you know what else -- >> investments they are making now are buybacks and di

downgrade of alcoa today adding to sentiment. the european economy shows signs of improving.

alcoa buying rti national metals. it's an all-stock transaction. >>> coming up attention mall rats.es on track to become the newest megamall. >> with those shoes you can go walk the malls with those shoes with all of your friends. >> absolutely comfortable. be chic in the city. >> but those look like mall wac walkers or you're a nurse's aide. >> that is not what the shoes look like. >> it is. like in "meet the fockers." >> they're black with a white stripe. you missed it check out earlier. scott has different shoes on today. let's see. >> going to work out in the mall. it's getting nice outside. you can walk outside. you don't need those. >> are you finished? >> yeah. >>> that story is next. then i forgot what was next. later the building long known as the sears tower in chicago may have a new owner. the deal on the price tag are still ahead. e financial noise financial noise financial noise financial noise now with the xfinity tv go app, you can watch live tv anytime. it's never been easier with so many networks all in one place. get live tv whenever you want. the xfinity tv go app

at that -- 1989, when the alcoa died -- when the ayatollah died. question is what consensus could you have if you do not have consensus readily available, and the other issue with the nuclear program is whether the much more ideological elements of the islamic revolutionary guard force will settle for anything less than a hardliner -- rather -- whether we can have a cycle of radicalization, which is what many political -- rather than what many political scientists assume, which is a modernization. host: go ahead. you are on. caller: i wanted to ask a question on iran vis-a-vis israel. i am concerned about the verification issues you raise. in verifying iran's dismantlement of existing infrastructure, versus being able to verify or detect any covert nuclear activity -- is there a lot of daylight between the u.s. and israeli positions on these issues that could lead to a major, catastrophic, or misinterpreted kind of outcome? thank you. guest: bob asks a relevant question. there is daylight between where the u.s. and the israelis stand, and more broa