anadarko will spend about $500 million dollars this year in the denver- julesburg basin...a year ago they were expecting to spend nearly 2-billion dollars. the massive decline in oil prices is to blame. a new york court will not throw out a fraud case brought by the state's attorney general against donald trump and his now defunct trump university. new york a-g eric schneiderman alleges that trump university defrauded students who signed up for the course expecting to learn trump's secrets to making money in real estate -- tuition for the course topped out at $36,000. trump's lawyers argue the suit under the statute of limitations. a consumer alert to tell you about... more than 158- thousand top fin power filters for aquariums are under recall due to a shock hazard. a conductor on the pump can become exposed and electrify the aquarium water. no injuries are reported so far. the filters were sold at petsmart stores nationwide and online from last september through december. contact the manufacturers for a free replacement. after nearly a year floating in space... scott kelly is final

the elementary school planning to open next year but anadarko owns the rights and consult on the land. more meetings are planned this weee. if no compromises made it could delay the opening of the new school. >> pretty cool clouds, interview from the camera right above us here at channel seven. look at them rolling along as the winds come off the males. tomorrow windd stronger and clouds are racing from northwest to southeast. here is what is happening right now same if you looking off to the west 51 downtown 50 at the airport 26% humidity, winds light from the south southwest at six. today's temperature 58 degrees started at 27, well above normal for the first of march. extremes are 74 in 2008 and seven below in 1922. test a hint of moisture starting to work its way into the state from the northwest. stream. watch what happens tonight the color you start to see coming in, stronger winds what we call in meteorology the nose of the jet. motion and we will see that overnight into early tomorrow morning. the snow develops by 6:00 a.m. for the northern central mountains about two to 4 inc

is that it is now very economic, right, for a lot of these producers, guys like eog and guys like anadarko that have literally thousands of drilled incompleted wells in a they can translate into relatively immediate production to start bring all those barrels to the market, and so the bold case ultimately rests on the idea that the u.s. supply curve does roll over meaningfully and really that's shale, right, between now and year end, and at $40 oil we're just concerned, dollar issues aside, et cetera, that the drill incompleted inventories are basically going to continue to carry the supply curve longer than people expect. >> rob raped of rr advisors on the "fast" line tonight. oil a good short he says for the next couple of months. >> that's the point i was making last night. i think you can be short oil here. i think, you know, not only is it -- you look at the inventory levels but also seasonally you're at a point where this is a weak period for oil, and if you look at the action in the oil market over the last couple of days. yesterday we had oil down 2%, 3%, right, but even though the

for anadarko and freeport. , meaning weit was can celebrate the rallies all we want for the stocks but at the end of the day, these guys are so levered until they can really dwindle this down, -- joe: they still have a lot of work to do. scarlet: freeport is still $20 billion in debt. but we have this risk rally we haven't seen it reflected in the longer term rates. a shot of the u.s. 10 year yield versus the atlanta fed gdp. is two point 2%. not wild growth but more robust and things were looking earlier this year. we haven't seen much of a bounce in that 10 year yield. about is this going to be the year interest rates rise and we have this rally and pick up in expectations but still it is not translating into anything on the raise market. square has just reported earnings. the first earnings release for the company is a publicly traded company. the loss per share was $.34. that's what the effect of the deemed stock dividend. the consensus estimate was for a loss of $.14. we are not sure if we are comparing like with like there. plans to sell a new chip reader in the spring, so there'

namely anadarko or how about beaten down ones that may spring back if they have to raise cash. i'm thinking about whiting petroleum or wpx. those are for only real risk taking speculators. suffice it to say when the biggest most correct bear says perhaps the bottom has been put in, that's good enough to spark a rally so the largest real worry out there gets taken off the table. that's a recipe for higher stock prices at least until oil gets so expensive we need to start cutting numbers for the companies that use too much of it. stick with cramer. with extraordinary offers on the stylish, all-new rx... and the dynamic nx. ♪ this is the pursuit of perfection. >>> all small business owners in day toe that beach florida. they are listening closely when the presidential candidates talk. they want to know who's going to have their backs when things get tough. our cosmetics line was a hit. the orders were rushing in. i could feel our deadlines racing towards us. we didn't need a loan. we needed short-term funding fast. building 18 homes in 4 ½ months? that was a leap. but i knew i cou

namely anadarko or how about beaten down ones that may spring back if they have to raise cash. here i'm thinking about whiting petroleum or wpx. those are for only real risk taking speculators. suffice it to say when the biggest most correct bear says perhaps the bottom has been put in, that's good enough to spark a rally so the largest real worry out there gets taken off the table. that's a recipe for higher stock prices at least until oil gets so expensive we need to start cutting numbers for the companies that use too much of it. stick with cramer. someone's hacked all our technology. technology... say, have you seen all the amazing technology in geico's mobile app? mobile app? look. electronic id cards, emergency roadside service, wow... yep, geico's mobile app works like a charm. geico. expect great savings and a whole lot more. look like this. feel like this. look like this. feel like this. with dreamwalk insoles, turn shoes that can be a pain into comfortable ones. their soft cushioning support means you can look like this. and feel like this. dreamwalk. let's get these

southwestern, anadarko, devon energy, some of your out performers. ♪ carol: this is "bloomberg markets am carol massar. we are near the close of trading could stocks trying to extend their weekly winning streak of 4, which would be the longest since november. julie hyman is standing by with how the options market is trading on all this action. julie: thank you, carol. is scott bauer, senior market strategist at trading advantage come out in chicago. scott, it has been this interesting day today, the delayed reaction to the ecb yesterday. what are you seeing in the options market that is giving you clues as to what happens next? for example, in terms of looking ahead to next week's fed meeting, boj, etc.? scott: you know, it is very quiet, like you said, very, very quiet, and is delayed reaction from the ecb remarks kind of caught everybody off guard. in terms of option paper, there is not a lot that i am noticing one way or the other outside of seeing the vix trade under 17 again. you know, earlier this week we saw a couple rallies but the vix stayed elevated in the 17 and 18 handle. f

on wall street, as you can imagine, have been oil and gas companies today although chesapeake and anadarko to the flatline. williams trading off nearly 6% there. the number of americans applying for jobless claims is up for the second week in a row. the labor d. says applications rose by 6,000 last week to 26 5,000. we're going to be right back, more intel on the anti-trump movement and how it's trample on our first amendment rights, especially college campuses. also, the state department telling americans, be careful in europe. trish: as we turn to politics right now, college campuses -- no surprise here -- trampling on the first amendment. students at emory university getting fired up over chalk drawings endorsing donald trump. they actually went to the president of the united states and told him they felt threatened because of it. but not all the students are taking this overreaction lying down. watch this. >> hear ability it, you hear about the liberal bias in college campuses all across the country, but you expect there to be some open dialogue. you expect them to stimulate your intel

alix: some of the targets include anadarko and apache. .hey also have a lot of debt is that a bad matchuper happen? withxon is its own bank $310 billion worth of shares. all the discussion about the $12 billion bond sale, essentially, if exxon wants to purchase something, they are free to get whatever they see. maybe not apple, but anything else you can think of. alix: what do they raise the money for? >> they said it is for drilling purposes. they are trying to cut and cut money on drilling. this is a way to find that in the short term. aboutthere is talk chesapeake energy and rig bidding. >> aubrey mcclendon is a real character in the oil and gas energy. been indicted for allegations that he and his company colluded with another company to drive down the price they have to pay landowners to drill in western oklahoma for a few years prior. he has left chesapeake here chesapeake said it has been cooperating and has immunity as part of this deal. scarlet: what does this mean for chesapeake and the perception in terms of their ability to move forward? >> chesapeake has been trying to undo t

take anadarko petroleum, it slashed its payout by 80% in february, shares popped nearly 50% since they began. noble energy cut its quarterly payout by 44% in january. that stock jumped about 28% since the end of january. diamond offshore drilling saw its stock soar 38%. these moves are correlated to crude. analysts say as oil prices rise, companies can make money or not loses s as much. this is playing out with companies that have been hit the hardest and been forced to reduce payouts. this is all going to come down to crude. that's lower again today. whether that can overall continue to climb and of course sustain it. carl? >> morgan, thank you very much. morgan brennan back at hq. >>> as we continue to look at energy, we are joined by the ceo of merck partners and former ceo of gulf oil. good to see you again. >> thank you. >> i want to get your temperature on production. we finally get rig count starting to move and the iranians saying we want our piece of the pie before we start talking freeze. is this move off of the february low, is this the end of it? >> well, i think we've see

you can see some of the usual names here, like anadarko, the exploration and production space, devon,arathon, chevron down about 1%. dow is down a bit more than the s&p because of the weakness in energy. drillers are weak today. some of the deep sea drillers, transocean down 6%. there was a comment yesterday from the ceo after a conference saying that the rig rates may not climb until 2019 or 2020. i suspect that's weighing on the deep drilling stocks like diamond, ensco and mobile. freepo freeport-mcmoran and vale all down. today we saw some of the numbers for home reports, deliveries up 12% for lennar, that's a good number. new orders were up 10%. but the dollar orders, the dollar value of the orders they got were up 16%. they had a record average sale price, $365,000. that's quite a high number. i think it was 320,000 in the last quarter. selling more expensive homes. more importantly, this is the most important thing for home builders, gross margin was very strong. 22.7%. it held up. there were some concerns they might have to sacrifice the margin for growth a bit. they are not. a

anadarko is making some strong moves, chevron as well.action to the ecb meeting yesterday. surprised investors by cutting rates further into negative territory, and programg a bond buying into corporate j death. -- debt. very interesting market reaction to the ecb moves yesterday. first very positive, and the very negative, and today is the recovery. what is with the volatility? >> marketer by the difficult to find out exactly what they're doing. got a piece saying that they had actually misread the ecb moves. the ashley scott the rate of 15 by 33%. i have added to the universal buy. they can it was more meaningful than people expected and market reaction today is make sense. buy moreoing to government bonds in particular in the next two to three months. their bond rate for by german bonds is going to the 200 for telling a day both about 135 million. with your meaningful figures. we see spread for high-yield, not big corporate debt coming in. is there an opportunity there for investors? >> absolutely. he ecb is trying to move your away fr