and what happened to that brent? >> yeah, i think it was fair.t the feinberg program, what i liked about it, you could go to the program, submit your claim and negotiate a value for it and if a claimant did not feel that was a fair number, he was allowed to reserve that claim and go to court. >> what happened? >> most the time -- well they pulled the money off the table after bp committed $20 billion to that fund promised it to our citizens promised our white house they would fund it with $20 billion. one year into it when no one was looking, they shut the program down and took $16 billion in unpaid benefits off the table. >> okay. mike, if they took the money off the table, where's the president? where's the obama administration? where's this boot on the neck of bp? >> it's almost like he forgot about it honestly, i think brent would agree, it's almost like the president forgot what's going on down here in the gulf coast. it was a big show. you know, he comes out of the room $20 billion. bp knew that that was about a quarter of what it was going

mostly because brent crude prices have plummeted by 50% during the same time. on monday brent crude traded at $57 per barrel. that's $58 less than its peak. russia needs brent to trade around $107. ie venezuela needs prices to go to $151. around 50% of its annual budget from the oil and gas industry. the russian ruble lurched to final prices. it's fallen more than 50% since the start of the year. as much as 75% of iran. at today's prices the economy's are also in a tail spin. with oil revenue splashed in half they are less able to pay for services they need to ensure social order and maintain regime stability. they're in weaking positions with negotiating with the u.s. over their military aggression nuclear ambitions and other provocative positions. their power correlates with oil markets and declines as policy prices fall. u.s. producers facing challenging economics to market. they remain largely competitive and not under as much duress. ihs report found 80% of domestic production anticipated in 2015 will break even between $50 and $69 per barrel of wti. on mo

when i price brent, the picture looks a little better. is that not a solution but some kind of support to push down the currency? >> there are a lot of factors. what happens to the banks? when you de-value a currency significantly, it is a tough call. >> very quickly before we go to break. the big loser, which is the country you are worried about right now? >> you kind of couple it with what is happening in terms of government response and the investment in the economy. the policies have become very good-looking. it is a large economy. it is not a small economy. >> you are going to stay with us. we are going to bring you a little closer to home. grease meets germany. a softer tone has soothed investors, but has anything really changed? we will have more when "on the move" returns. >> greece still very much in focus. the prime minister has been on his european tour. investors have been hanging on his every word. prime minister tsipras got a little gift from prime minister renzi. a tie. will mario draghi be leaving within a gift? let's ask

brent's right. it really shows how much brian williams doesn't respect the military and the sacrifice our men and women have made and continue to make. i think everybody in the military's outraged by this. look, i understand now somebody's coming forth and saying we did take small arms fire from the ground. i'm sure in those days every helicopter early days of the war -- >> that's very different than saying got hit by an rpg. >> big time, sean. totally different. nowhere close. nowhere close at all. >> now the question is, look i never call for people's firing. that's up to nbc. that's up to the viewers that watch brian williams. i'm not getting involved in that. you know, i would try to thread the needle here and give him benefit of the doubt. i don't see that he's still telling the truth yet. but what do you think should happen, brent bozell? >> well, i think it's a bigger question than brian williams. there seems to be a culture of dishonesty at nbc and msnbc. they're having to apologize once a w

dom is exactly right, that these stocks have been trading on the spread between west texas and brent for the reasons that he listed but when you actually go into the companies and do the fundamental analysis, particularly marathon petroleum we own and are long, these are extremely well companies where despite the fact that their raw material costs number one and almost only raw material cost has collapsed they're actually doing a great job of controlling all the other costs that go into refining fuel. so they've got great demand for their end product, they've got a collapse in their cost of goods sold and they've got good management. that's why these things are ripping in addition to the spread between west texas and brent. >> one firm on the street says -- >> yeah, go ahead, doc. >> sorry. just real quick, western refining that's one of the stocks in my portfolio, and this stock is up almost 20% since mid january, judge. it's exactly what jim is talking about. 32 to 38, now it's kind of flattish here today. we keep the stabilization going. this thing moves into the low 40s very quic

brent joined them during one of his recent research trips.ow are you moving forward? well, we've got cattles ... we know that if this cattle will go rightly. and then we're going to sell it and then we'll go forward. and we are producing some other things to plant a garden-- tomatoes and everything-- so we think those things, also they are going to help us. ( spking locanguage ) translator: for too long those who could improve living conditions for the people were denied access to land. but i think now that we have land, we can produce and make an income and create jobs for others. mccusker: do people come from maybe the governme or the univers to help you, toch youhow to plant? s, ty do, yes. mccusker: they do come. anhow often do they come? they come once a week. narrator: brentakes the information he gathers from discussions and interviews and retes ito satellite images othregion which valy expandsthe ale ofis sdy. mccusker: you look at a satellite image, and you see it's got a very broad perspective. it looks at very large swaths of t ear

media research center brent bossel is here. he'll talk about how this is not the only headache for nbc news. cheryl atkinson was on the trip with hillary clinton when hillary claimed she came under sniper fire in bosnia which turned out not to be true. how will this impact her story. that, and much more, when "hannity" continues. you u u u u u >>> fox news alert. brian williams of nbc news suspended without pay for six months over his reporting about his experiences in iraq back in 2003. now, that's not the only reporting that is being called into question. joining us now is the president of the media research center, brent bossel, and cheryl atkinson, and editor for hot air.com is with us. brent, let me start with you. and this was bigger than just an rpg that did not hit his helicopter. for example he told a story about katrina being outside of a five-star hotel and looking out and seeing a dead body floating. managers of the motel said we did not have that floodwater. officials last night said that didn't happen. let's go to

brent is pushing in on $58.de prices have surged about 13% in just the past four days. >> quester finds that main street benefits are due to falling crude going beyond just consumer spending. some businesses are able to save and invest. take a look. >> for joef eski mmi e candy company, low gas prices mean boosted bottom lines. the candy manufacturer and retailer says in the past few months on-line sales have increased by 15% as the price of the pump continues to fall. >> people have more money in their pocket to make those discretionary purchases like candy. >> quester research reports that more than 75% of small and medium size businesses have been positively impacted by falling crude. with 20% saving the cash 19% investing in employees, and another 19% just operating as usual. james viedo is sitting tight. his drivers burn 10,000 gallons of fuel per week and his excavation contracting company in tempe, arizona. low gas prices are helping now, but what matters more for future jobs is whether they will stay. >>

oil prices on the rebound, brent crude continuing to bounce off the bottom, and brent crude rallied from their low last month, and the head of capital management on the impact of oil. >> good news about the oil side is it is good for the economy. there are a lot of consumers who have more money in their pocket today than they had six months ago. and the economy even before the gas prices went down was doing pretty well. cory: gains across the board. and j.m. smucker buying a pet brand company, a deal valued at $500 billion. the cash and stock deal boosting debt. they make kibbles and bits, meow mix, and other classic pet treats. $.4 billion in sales for fiscal year 2016. and apple has raised $6.5 billion in its latest bond sales, taking advantage of lower interest rates, and the 30-year deal has got a 3.45 coupon. $158 billion of overseas cash without having to repatriate it and pay taxes. apple has now raised the equivalent of $39 billion in the bond market in less than two years. and sales of "grand theft 5" up, and that is helping take two interactive. doing quite well. millions in di

brent today approaching a bull market since its low on january 13.e is this more than just a short covering rally? >> i think we need the shorts by situation to work itself out. we think oil will save -- will stabilize around here but we are not a ring the energy sector. we are not overweighting it, though xl a is a way to get increased exposure. >> there are several reasons why oil prices have been climbing. which of these are credible? is it the decline in the dollar? >> all of those things are a factor and at some point, it was going to form some level of stability and support, whether it's here or whether we have another leg to go is to be determined. we think production cuts are a positive for the long run but it's a negative for the drilling companies that will be a short term negative impact. we think the integrated companies are the better place to be. next we want to bring up the headline again -- brent crude entering a bull market. you mention you don't want to be exposed to energy companies. >> we need to see some stabilities. if you are b

media research center brent bossel is here. he'll talk about how this is not the only headache for nbc news. cheryl atkinson was on the trip with hillary clinton when hillary claimed she came under sniper fire in bosnia which turned out not to be true. how will this impact her story. that, and much more, when "hannity" continues. you owned your car for four years. you named it brad. you loved brad. and then you totaled him. you two had been through everything together. two boyfriends. three jobs. you're like "nothing can replace brad!" then liberty mutual calls. and you break into your happy dance. if you sign up for better car replacement, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. see car insurance in a whole new light. liberty mutual insurance. grandpa bode, grandma said you used to be out of control. really... i guess i did take some risks. anncr: bode, bode miller!!! trained a little bit differently. a little too honest sometimes. the media is useless. you were out of control.

brent 57.3. that's off 1%. >> let's talk about the movers trading sharply lower after learning that full year profits would fall short of 201 levels as the finished state owned refinery of 254 million euros. we're joined by the ceo on the phone. thank you for joining us. fourth quarter operating profit in line with expectations but your guidance short of what the street was expecting. is that because of lower oil prices? how long can that can't? >> good morning, if you think about a refining environment there is a lot of moving parts and it's almost impossible to say but it will be very robust and it's probably lower so we are still very very strong and positive operating profits for this year. >> but obviously the market reacting badly for these numbers. shares are 5.5% as we look at things and particularly the guidance in the year ahead. what kind of impact is that having? >> that's something 70 million euros impact and we had this big turn around every fifth year. that's what we're going to do

brent is trading a little bit higher. brent is $56.8 a barrel.s donning collapse over -- that stunning collapse of the last year? despite what saudi arabia says he thinks u.s. production in the u.s. is going to keep on growing this year and we may be getting that pain threshold for u.s. shale a little bit longer. >> i'm not sure the oil industry knows yet whether or not it is going to come out. i'm sure that efficiencies are cut every day. technology is moving ahead very fast. we think the oil production in the u.s. particularly is going to be great. it is going to go up and maybe go up in 2016. obviously what is getting cut is future investment, future projects. will it be big or will future investment in shale be small? i don't know how it is going to shake out and whether the cost pain really is. the other big question recently is what is going to be the response to demand when we talk about supply? not much has been said about demand. the price has an impact or not, whether that growth is more important on-demand, and demand is very poor last

. >>> well brent crude rose to a 2015 high. it was another strong day in the oil pit. worries about instability and iraq two producers, overshadowed concerns about too much supply hitting the market. west texas intermediate crude up 75 cents, $53.53 and brent climbed to almost $63 a barrel but it was the massive fire from a derailed train carrying crude that got people talking once again about how to safely transport the commodity. jackie deangelis has more. >> reporter: two more big accidents involving trains carrying oil over the holiday weekend. the first occurring in canada's oil sands. the second derailment taking place in west virginia yesterday. no serious injuries have been reported but the second accident 25 cars derailed. 20 burst into flames. that csx train was carrying crude from north dakota that's the heavier more flammable type of crude that sparked a debate and action by the national transportation safety board to propose new rules to overhaul crude by rail safety standards including heavier duty cars and slower travel speeds. and while the new safety r

today a bit of weakness. 60.14 for brent. seema? >> the recent move in oil and what that means for stocks with brian needleman at cornerstone financial partners. happy friday to you. >> thank you for having me aboard today. we appreciate it from charlotte, north carolina. >> there we go. represent. let's talk about oil. the sell-off continues. there was an initial thought out there that perhaps oil prices had stabilized but clearly that's not the case. what does that mean though for the u.s. equity trade? some is traders say it's moved lower. >> we're working at cornerstone quite a bit. oil is a commodity and everybody is wondering where are is oil going to bottom where is the opportunity in oil, and quite frankly oil is not going to bottom until we take care of the supply issue. we have over a billion in reserve. and until we add this up, the realization of supply and demand. i don't see that ending. >> it already has fallen significant amounts. so are there certain sectors that can benefit from that that you would be investing in

brent crude is now positive on the session. it's $60.39 a barrel. quite, but well off its lows. the headlines, at least from the financial times, nigeria's oil minister apparently telling or being reported on by the ft that there may be an emergency opec meeting to deal with the price slide. wti still down but well off its lows. brent crude now positive. will this turn the tide on oil permanently? we'll talk more about that and much more when "power lunch" returns. financial noise financial noise financial noise zimplt welcome back to power lunch. they're coming just a bit now. they're being 4e78 helped along by analysts at citigroup. they're remaining positive but if prices for the products can be raised, it would help profit estimates here. international paper, rock ten, packaging corp. of america were mentioned in the note as beneficiaries of the possible higher prices as well as lower input costs. mandy, back to you. >> thank you. >>> over the weekend a disturbing threat from the islamic group al shbaab based in africa. they said they would targ

joining me with reaction brent bozell.i guess the trouble brian now faces he's taken himself off the air. he's the face of nbc news for the most part. it's not just this -- these two stories. now we have katrina, then you have the rpg then you have the puppy story. one version had one puppy saved and another version has two puppies saved. and here is him reporting flying in a helicopter in a war zone over israel. now four stories. listen to this. >> the trails of smoke and dust visible out the window are where rockets have landed in this case in the uninhabited israeli countryside and in some cases set fire to the surrounding brush. the missiles are unguided and random and plentiful. then i notice something out the window. there's a launch trail right there. i saw the launch. from a distance of six miles i witnessed a rocket launch, a rising trail of smoke then a second launch an orange flash and more smoke as a rocket heads off towards israel. >> six miles away that was july of 2006. and then in august of 2006 this is how

brent is is below 60.t's down 2.3% today. >> just when we thought oil prices were moving higher. the fed may not be in any rush to raise interest rates. minutes from last month's meeting showed they were keeping numbers at zero longer than those wanting a premature move. some said it could hurt the economic recovery while several thought a later move could result in higher inflation. joining us is the chief investment officer and portfolio manager. a pleasure to have you on this morning. >> good to be here. >> there is an incredible sensitivity when it comes to when and if the fed will raise rates but given the dovish tone used or seen in the meeting minutes yesterday does it tell us that a june rate hike is off the table now? >> it's anyone's guess as to whether they're going to slightly raise interest rates in june or not. the more relevant thing is really the bigger message. the bigger message is we're in this era of cheap money. this liquidity that's been induced to fight inflation. that trend is not g

brent crude up about 2.5%. interestingly enough we're ceiling this rally in oil prices despite the u.s. refinery strike and as well as weaker than expected manufacturing data. >> there's been a little bit of a turn in the price of oil. as said steve is at bp's headquaters. steve take it away. >> thank you very much indeed. the reaction from shareholders this morning to bp has been positive. the reaction to the story over the last couple of months has been positive. we all know there's a huge number of issues for bp specifically and the broader industry. bob my first question is when i saw the numbers i thought it's $2.2 billion as opposed to the 1.5 or 1.6 that people are expecting but then i saw the impairments. does it feel like a beat to you? because when you're making those cuts and tough decisions across the group beating expectations does it leave a sour taste? the fact that you're having to leave so many downgrades? >> well it feels like a beat because the numbers were good but with the lower oil prices

brent will come down at some point. >> when?ne question they are getting from clients is when is the last barrel going to -- >> the market does not buy that for a moment. oil is sitting at $49 now, but the june contract is 62 box. >> it is much lower because of the current storage issue, especially since we start pumping a lot of product in the market, that will have overflow as well. margins sink, less demand for crude. >> all right, thanks very much. >> $11.40. >> never. >> never? all right. >> when we come back. this guy never has to raise his voice. he is known as the dog whisperer. we will hear from scissor malan about his new program. ♪ >> it is time for the bulletin everybody. the top business stories of the morning. let's begin with jcpenney, the stock hit early today, down as much as 14% urea it has recovered some of those losses but still well into the red. the struggling department store chain delivered an annual forecast below expectations. and let's hear it for the three cofounders of the private equity firm the car

go ahead, brent. >> mr. chairman, ranking member reed, members of the committee, i appreciate the opportunity to present some of my views on issues that the chairman and ranking member have laid out in the world which is difficult for all of us. my opening comment i hope can contribute to your deliberation over vexing issues and choices that we have. the world we live in is full of problems and some of them seem to result from new or novel forces and influences and i intend to focus on them. let me begin my comments with just a few words about the cold war. the cold war was a dangerous period in our history where problems abounded. a mistake could have resulted in a nuclear war. but the cold war had one advantage. we knew what the strategy was. we argued mightily over tactics but we were always able to come back to what is it we're trying to do and it was contain the soviet union until such time as it changed. and that helped enormously in getting us through the cold war. with the end of the cold war, that c

we are better than 6% to the upside on wti and ice brent is up 5.5%. bob pisani is on the floor. >> the important thing is the character of the action, what the leadership is. rather than showing you the stocks, let me show you the sectors that are strong today. automotive is strong another good day for them. we have construction stocks metal stocks oil and gas. this is cyclical groups materials and energy on top of oil. you can see this in terms of the etfs. i watch volume because that's where people are putting their money, when you get big volume. we are getting big volume in a couple etfs related to materials and commodities groups. coal is getting a lot of play. nobody knows which way oils going. take a look at oil in the last two days. $52 yesterday, goes down to $47, comes up to $52. 10% swings in either direction. does that fundamentally mean anything? no. it's traders that are playing volatility, just trying to profit from the moves. i wouldn't say there's a lot fundamentally going on but there are certainly a lot of people trying to make mone

wti and brent -- ice brent continue to rally today, and yields on the ten-year note rising. gold is telling off. let's go to bob pasani from the floor of the nyse. hey, bob. >> you know you would think with a report that we had this morning where we had an excellent jobs report and excellent wage growth the stock market would be enthusiastic. it's not really happening. we're really even on the advanced decline line. the one sector that is doing well are financials, and that's because as sue noted, we have higher rates. financials tend to do better in a higher rate environment. they can charge more money. you can see the major names, bank of america, somewhere p morgan, and key corp. on the up side. higher rates does sometimes create issues for interest rates. sensitive sectors kind of a mixed picture here. reets, the vaq are being hurt a little bit. emerging markets, eem, hurt on higher rates. the high yield, etf, somewhere & k isn't moving at all. this is a mixed picture. sue mentioned gold but right across the board precious metals of any kind are down. we have dollar stre

next we are going to talk brent. oil trading a little lower. the blackrock managing director.tay tuned for that. ♪ it's frustrating being stuck in the house. good thing xfinity's got 2 hour appointment windows. they even guarantee they'll be on time or i get a $20 credit. it's perfect for me... ...'cause i got things to do. ♪ ♪ oh, yeah! woooo! with a guaranteed 2 hour appointment window and a 97% on-time rate xfinity is perfect for people with a busy life. >> welcome back, good morning. 30 minutes into the trading session. trading higher across the board. the ftse 100 up, the dax up by 0.5%. it looks like we are moving toward peace in eastern ukraine. and then greece, it will be a long month before we get a deal. great equity markets opening up later, but the euro up by .25% today. that is on course for a third straight week of gains. that is the longest weekly winning strake -- streak since march 2013. the big stocks to watch, with caroline hyde. >> focusing on some big losers talking oil, up by 13% bang on the nose. all to do with petrobas. they worked with them and some pr

stuart: hold on brent.t together to discuss this subject, i always say, the jig is up. they cannot go on like this. the establishment media cannot have this bias forever. i always say we've reached the point where they are going to turn. i'm going to say it again because the series of embarrassments for nbc, i think they have reached the point where they begin to turn. you're not going to agree with me, are you? >> here's where they're turning, turning dramatically in the court of public opinion, consider that 40% of the the public believed that brian williams should be fired. that's a huge number, considering the audience that he had. 73% of americans know about this scandal. and yet only a fraction of americans watch nbc nightly news so the bias may continue but people are onto that bias, whether they will have an effect is another matter but the power of comcast is enormous. stuart: brent bozell everyone thank you very much as always see you soon. >> thank you sir. >> check the big board. kind of a go no

brent crude below $58 barrel. down about .6%. >> so the oil market lacking fizz today. what about coca-cola? well it reports 4th quarter results at 7:30 a.m. eastern time. the company continues to face slowing sales. the rival reports q-4 numbers the next day. shares tropical waved about 3% this year. we're joined now by the managing director to to preview the numbers. let's kick off with coke. is this a story of very different comps for coke depending on the region we're looking at? >> it is. currency will be the biggest issue far and away this quarter. >> let's dive into that first of all then. what are you expecting on the fx front? >> look they talk to us about the guidance in late december it's about 8 to 9% worse and there's a bigger impact in the bottom line than the sales line so numbers could be 10 to 12% worse in terms of the ride. >> slow down in he emerging markets is that expected to impact the bottom line this quarter? >> it's market by market. a lot is already in the base. in a lot of emerging markets there's quite a bit of inflation and companies are try

the spread between brent and wti is normalizing.while the price stabilizing is going to have an effect on u.s. fracking and the crude actually in the market we continue to see rig counts paul but not the actual production. but when you see the spread normalizing it came out to over $8 yesterday. that's a good sign for the flow of oil. that's a good thing when you talk about the energy producers so energy stocks continue to lead when we go on these runs. >> is there a specific trade to be made around about the spread at the oil market? >> well not at the moment. we really expected to spend most of 2015 between 8 to $12. it's hovering more around that $10 range but whenever you see that spread tighten up late last year and into this year it got actually positive where wti was over brent. people have to remember the land locks and transportation costs have to be factored into the price so when you see wti so close to brent, wti does not move and that causes these, so that's what pushes prices down in the future's market. i don't think

why do i bring up brent? because i think ukraine and the ruble story isn't something that has been pushed off the agenda because of greece. --if you look at dollar- ruble, what you have is the dollar declining ever so slightly. you have this momentum because you had a big shift in dollar-r uble over the past 30 days. you can see the dollar down. and ruble really appreciating getting back to the 60's zone. this rally is the biggest rally almost on record. will brent stay above $60? that ties into every single nuance you see on the dollar- ruble. >> breaking news out of france. the pmi coming through for the month of february. the pulmonary reading for manufacturing pmi coming in at 47.7. under 50. that is contraction. i'm looking at the services pmi, much better than expected. 53.4. so that number accelerating in expansion territory. he put the two together. the composite pmi 52.2. a mix, but he put them together and it is a little bit better than expected. that is the french data. in 28 minutes, we will get t

the energy stocks on the ftse getting dragged lower by brent, getting slammed.epresses you, can we bring you a live picture of london? pretty beautiful this morning. if you want to continue the conversation, you can follow me on twitter. ♪ . >> raining in greek. ecb wants agreed the banks to capitalize controls. a lower for longer. the u.s. federal reserve surprised with village in its to keep interest rates near zero. and the china challenge. sales growth near the low end of his target as it struggles in its second largest market. ♪ >> good morning. welcome to "the pulse." i am guy johnson.

brent did crack 62. ten-year.he road map with greece worried about breakdown in talks with eurozone partners. >> apple shares poise for a new all-time high. vehicle integration, watch demand, and lengthy profile on johnny i've in the new yorker"new yorker" magazine magazine. >> starwood, what it means for the company's future. >>> a shortened trading week with the dow above 18000, s&p off the record closing high. futures lower after talks between greece and eurozone finance ministers did collapse. head of the ministers group says greece has until friday to request an extension of the bailout ten days or so jim, until the credit line does go blank. >> it does feel a lot like the united states and the brinkmanship and we knew there wasn't going to be a deal until after. what i expect will happen the talks will collapse until not the day but a few days after, because there's money found. remember that? we found a little money? i think the talks are about who's going to blink. i still feel there's going to be a stretc

petroleum product prices have been cut in half mostly because brent crude have plummeted 50% during the same timeframe. on monday trading at $57 a barrel $58 less than its peak $115 june of last year. russia needed to trade around 107 and iran needs it to be $131 and venezuela needs prices to go about $151. brescia has 60 percent of foreign currency earnings from exports and around 50 percent of the annual budget from the gas industry. according to a 240 -- a 2014 article in the near time russia lurched to a financial crisis and it has fallen more than 50% looking at numbers of the 1998 crash when brochette defaulted on its domestic debt. it is for half of venezuela's revenues and as much as 75% of iran said that today's prices economies are in a tailspin. with the oil revenues / and half the companies are less able to pay for services they need to ensure social order and maintain stability. there in weaker positions when negotiating with u.s. over military aggression and they're much dash condition and other provocative positions at home and abroad have a decline is oil prices fall. at

competitors include steve young, jerry rice, brent jones, buster posey, matt cane.hat he's playing pool. i should try that when putting. bruce botchy will be there as well. joe fanzi will be there as well. he will show us all the fun highlights and events. look at this shot. >> almost. i would love to play pebble beach. i'm a terrible golfer but just to say i played there. >> it's a lot of money to play there. >> money i don't have. >>> coming up caught with his pants down. the scandal over the actions of a san francisco water manager at a reservoir where millions of people get their drinking water. >> also a santa claire real police officer tried to pull over a car burglary suspect but police say the driver made a bold and dangerous move that forced them to open fire. ♪ since 1971, what's made us different has made us great. we invented low-fares and made sure bags fly free. and now our bold new look puts our heart front and center for everyone to see. others follow the pack. we'll follow our heart. because at southwest bold is in our blood. ♪ >>> we're live in sun

let's check brent crude ahead of the close and wti as well. we're up $50 in wti. brent crude up $2.e about wti. that's what gasoline is priced off of. we're up $120 a barrel. also, the triple q's that mirror the nasdaq as we are watching a march towards -- back towards, i should say, nasdaq 5,000. the qqq is up one-tenth of 1%. here's the menu for the rest of the hour. the next big battleground for tech is not your lig room. this song should be a big hint. has apple's record run created fantastic opportunities in other stocks. we'll give you our theory and names ahead. >> and three stocks that have been red hot in my world, wall isn't a street. return on investment isn't the only return i'm looking forward to. for some every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. start investing with as little as fifty dollars. . >> every day is a big day. we have not one, but two dif

we're looking at brent in the break. there you go brent at 59. around $60 a barrel, which is quite a long way north of where we were earlier this year. let's talk about how this is impacting the industry, what is next, what really -- what people really want the answer to. we are joined by one of the united arab emirates leading energy companies. good morning. let's deal with the easy question first. what is happening with oil? guest: i think for the last few years we've had an unusually stable period. it was $110 for four years consistently. suddenly, several things happen in combination. we had chinese growth lower than expected and lower than it has been for a generation. we had opec deciding not to react to that, and effectively letting the u.s. market be the new swing producer. and almost testing u.s. shale oil and renewables, and seeing what energy markets would do and refusing to cut. we saw countries like iraq and libya using more than expected whereas this year both of those countries have come down. we've seen oil recover faster than man

joining suss brent saunders the ceo.never -- >> my mother didn't want to raise a drug dealer. >> i just want to mention this for a sexcond, why? >> we had two actavis, even though, brian, you mispronounced it -- >> what is it on the record here? >> actavis. and allergan have a 60-year history. and actavis has a relatively new name. allergan stood for innovation. it stood for customer focus. you and that really describes, i think, the new company that we are today, better than actavis. we'll keep act actavis from certain geographies and customer lines but allergan was the better of the two as a company. >> so this deal closes soon? >> really soon. i think we're on track to close end of this quarter or early next quarter. >> you beat on the top and bottom lines? people did not expect that this had morning? >> i know wee keep surprising people. >> here's the question were the analysts wrong or did you guide them properly? >> well i think we did guide them properly. we beat by 10% to 15%. we beat by roughly 13%. so in that r

we have ice brent up better than 2% on the trading session. bob pasani is here to flush that out for us on the nyse floor. bob. >> you are absolutely right. new month, but same pattern. that is more volatility. the s&p moving the 30 point range today, and we're not even over yet. take a look at the dow jones industrial average. that also moving to the 200 point range. this has been happening all throughout this year. average last year the dow from a high to a low on a daily basis. about 125 points. volatility continuing. ism manufacturing for january, well, it was still showing growth, but it was below expectations. new orders were lower than expected. that's that drop you see right around 10:00 to the lows today. we rallied that as europe was pretty good. >> nshs stocks leading the way as oil is up about 2% today. west texas intermediate. there's exxonmobil. earnings, well the earnings were down 18% compared to the same period a year ago. on the conference call they reiterated their commitment to raising the dividend and that is one of the re

brent was not down near as much as wti was. it tells me global supply is not in the same situation as u.s. supply, but global demand, 2.2 barrels of demand in 2015 is a lot more than the market is pricing in here. i am someone that said oil is going to stay at these levels, or it certainly has put in a bottom. >> i'm glad you brought this. because that is where we saw the strength. >> when you look at the xle, the xle is still down. if you want to get that stronger dollar, as long as that continues to go on, refiners are beginning to be strong. but i don't even think you need lower oil prices for refineries to be strong. look at the charts. the charts are outrageous. they're so steep. i'm going in on this one. if you look at the refineries, all of them look great. >> we talked about that since they reported trading down to 80. that's been on fire. i think it continues to grind higher. >> the oil volatility, although it feels as though we're putting in a short-term bottom, it's still elevated. the other thing we have to mention,

the big brokerage officials are all over the map for west texas and brent crude. there's a huge disparity, the largest lack of consensus i have ever seen in my career. and in part because so many commodity analysts at varyious places slashed it. why do we care that the commodity analysts are disagreeing on oil? why does it matter that the research shops can't agree with each other or agree with themselves as the number of brokers have bearish calls on oil. yet, they're making bullish recommendations for oil stocks. well, it matters because the commodity projections are much more influential than most people think. as a given brokerage forecast oil forecast is the key input for the models that the energy analysts use to rate them one after another. and money managers rely on them for themselves to figure out the model to figure out what the companies are going to earn. but the brokerage houses can't agree on whether oil has bottomed, how low it will go and can't agree on if rapid v-shaped recovery. maybe it doesn't recover at all. it's enough to make you feel as th

and, brent good to see you, brent bozell. >> thanks sean. >> more on hillary's lie and her statementsand excuse coming up later in the show. also coming up president obama appears to have, well, struck a nerve. >> i don't think he was bj thinking. i think he's just assessing because it fits his political thoughts. >> our "hannity" producers hit the streets of new york city to see what people thought about president obama's comments about christianity. would he ever say the same thing about mohamed and islam? coming up next we'll check in with the reverend franklin graham and much, much more on this busy news night straight ahead. something for pain? i have bayer aspirin. i'm not having a heart attack, it's my back. i mean bayer back & body. it works great for pain. bayer back & body provides effective relief for your tough pain. better? yeah...thanks for the tip! >>> welcome back to "hannity." christians across the country are still reeling over comments made by the president at yesterday's national prayer breakfast. just a reminder here's what he said. >> you see, isil, brutal viciou

investigators say they were pursuing 34-year-old howard brent, jr., when he bailed out of the car and ran inside the store. officers followed and he opened fire. police fired back killing him. no shoppers were hurt. the injured officer is expected to be okay. >>> fa atake a look at this. this was a real close call. a pilot whose plane lost power after taking off was forced to land on a golf course near heyward executive airport. the plane was leaking fuel onto the golf course but emergency crews were able to quickly clean it up. the pilot was the only person on board the single engine plane and was not hurt. >>> could a monument dedicated to our nation's first president actually be shrinking? on this presidents' day government surveyors will announce plans to bring a washington monument to new heights. they have determined it's 10 inches shorter than what's been thought for 130 years. the new measurement puts it at 554 feet and 8 inches high. they insist it's not shrinking. modern standards call for a different base than what was likely used to measure in 1884. >> announcer: now nbc 1

and, brent good to see you, brent bozell. >> thanks sean. >> more on hillary's lie and her statementsand excuse coming up later in the show. also coming up president obama appears to have, well, struck a nerve. >> i don't think he was bj thinking. i think he's just assessing because it fits his political thoughts. >> our "hannity" producers hit the streets of new york city to see what people thought about president obama's comments about christianity. would he ever say the same thing about mohamed and islam? coming up next we'll check in with the reverend franklin graham and much, much more on this busy news night straight ahead. so [announcer:] what if one stalk of broccoli could protect you from cancer? what if one push up could prevent heart disease? [man grunts] one wishful thinking, right? but there is one step you can take to help prevent another serious disease- pneumococcal pneumonia. one dose of the prevnar 13® vaccine can help protect you ... from pneumococcal pneumonia, an illness that can cause coughing, chest pain difficulty breathing and may even put you in the hospital.

and, brent good to see you, brent bozell. >> thanks sean. >> more on hillary's lie and her statementsand excuse coming up later in the show. also coming up president obama appears to have, well, struck a nerve. >> i don't think he was bj thinking. i think he's just assessing because it fits his political thoughts. >> our "hannity" producers hit the streets of new york city to see what people thought about president obama's comments about christianity. would he ever say the same thing about mohamed and islam? coming up next we'll check in with the reverend franklin graham and much, much more on this busy news night straight ahead. so every truck can tow a boat. every truck can climb a hill. every truck can haul a trailer. but not everyone can say they're the fastest-growing truck brand... in america. guts. glory. ram. boy: once upon a time, there was a nice house that lived with a family. one day, it started to rain. the house tried to keep out all the water, but water got inside and ruined everybody's everythings. the house thought she let the family down. they just didn't think it co

not necessarily into crude right now, light sweet, but long into brent.that, a couple of issues that we begin with and now to what could be a frozen icicle straight to the heart of first quarter g, the p. the historically told weather in the northeast is keeping people locked in their homes and businesses whether it's polar vortex 2.0, it's casting a deep chill over much of the u.s. today. but boston has the worst of it, dealing with snowfall the likes of which have not been seen in more than 120 years. and now reports of two more storms heading that way. any relief in sight? the very latest update now from senior meteorologist janice dean. >> reporter: hi, liz. take a look at some of these that dissings. the average snow season is around 41 inches, they're at the third snowiest on record at over 95 inches, the snowiest month so far, and we're only halfway through the month, and the snowiest 0-day period on record -- 30-day period on record, seven feet of snow. yes, we're not done with winter, and we have the possibility for more snow tuesday and wednesda

brent lang is the senior film reporter at "variety," the show business bible.akers who actually do the oscar voting is instructive. >> lang: academy voters were 94% caucasian and 77% male, and african americans comprised about 2% of the voting body, and latinos comprised less than 2% and that's just not reflective of the american public. and it's actually not reflective of who is buying tickets to films. if you look at it, the two largest growing segments of the audience are latinos and african americans. >> simon: over the martin luther king holiday weekend, ava duvernay and oprah and the others went back to selma for a celebration of the film. no matter what happens at the oscars, the town gave them the full red carpet treatment. >> common: freedom is like religion to us.... >> simon: on the very bridge where it all happened, musicians common and john legend performed "glory," which got an oscar nomination for best song. >> john legend: ♪ one day, when the war is won ♪ we will be sure, we will be sure ♪ oh, glory... ♪ >> simon: and in a march through town com