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if you recall, the stock rose 6% on friday after a research report from citron suggested they had a minimum price target of 15 bucks, again, some more positive news coming out for blackberry, carl, back to you. >> thanks so much. >>> the activist investor strikes again dan loeb revealing that third point's largest investment is? dow chemical. urging the company to spin off part of its business. faber will have some details on that when "squawk on the street" returns. in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance

has, according to citron, significantly de-risked blackberry's balance sheet.sh flow should stabilize. they are just saying listen, if you're shorting blackberry because of the device business, you're looking at the company incorrectly. they are getting away from that, focus on software, focus on enterprise. that call is moving blackberry stock today. today, i got to be the fundamental guy. >> you know what's really interesting, it's not just moving the stock today but if you take a look at the year-to-date performance, i know it's only a short amount of time because we're not far into 2014 but look at this. year-to-date, they're up about 19%. that, by the way, is the best performing north american tech company year-to-date. the second performing one is juniper networks. we mentioned that a couple days ago. steven, as i mentioned, best performing tech company in north america year-to-date but what is your view in the blackberry chart going forward into 2014? >> there's a couple things to note about the blackberry chart. i do have to say, they are very positive.

it set a minimum price target of $15 a share but still, citron known often for their short calls makingthe upside perhaps for blackberry. back to you. >> nice 4.5% gain for that stock. all right. >>> michigan as you probably know has one of the highest unemployment rates in the entire nation. well above the national average. now we will see how one startup is creating jobs by digging through the rubble in detroit. quite literally. back in two. i need proof of insurance. that's my geico digital insurance id card - gots all my pertinents on it and such. works for me. turn to the camera. ah, actually i think my eyes might ha... next! digital insurance id cards. just a tap away on the geico app. could save you fifteen percent or more on car insurance. everybody knows that. well, did you know that when a tree falls in the forest and no one's around, it does make a sound? ohhh...ugh. geico. little help here. tdd# 1-888-628-2419 can take you in many directions. spark your curiosity tdd# 1-888-628-2419 you read this. watch that. tdd# 1-888-628-2419 you look for what's next. tdd# 1-888-628-2419

is seen to be the up -- siepi but citron reince priebus talking about the total end of message which is a 283 days away and >>. >> guess he was talking about 2016 but also midterm elections it doesn't have to be the message and incde 24t the unified message republicans have is obamacare. talk about historic turnovers look at 2010 obamacare was the baby issue before we saw premiums aaa ganda taxes theeek up. that is what individual candidates will run on the dnc said they will try as well as more people are against obamacare will not go well for the democrats. if individual candidates to stick to the what message they have a good plan. lou: lecter of the failure of obamacare and this administration. is that a half to breathe 42 pernt who do identify as a dependent or that see you perhaps a little problematic? been back and now she has a right. anything they do to distract from obamacare be in the bay the message, we wanted to focus on obamacare but others them leadership did not want to spend as much time. i figure was right if the kid is right to focus on did now or particularly sept

relationship with citron. from one luxury story to another. flexing superluxury car brand.ryan has an inside look at the phantom man has the chief executive with him. christ that's right. he is also here with me and we are in the phantom. the scar starts at just over $500,000. you've done a bit of customization. andes you a nice feeling makes this a magic carpet ride. >> this is not my car. this belongs to the ceo. not your car. >> it is a car lined up for me, let's say. >> what newspaper would a rolls- royce have inside the car? >> i would prefer this morning's "the financial times." >> we will be talking about the rolls-royce numbers and how they did in 2013 and a lot more when we come back. ♪ >> the following is a paid presentation. >> it's about time. > the number one reason people have for not working out is they do not have time. >> i have four kids. i work 60 or 70 hours a week. >> i do not have the time. >> no time to work out? no problem. the home fitness program guaranteed to deliver hours of

department of defense announced it would approve the use of 80,000 blackberry devices and on friday, citronmments with the stock and a price target of at least $15 a share. late tuesday, the company also announced it would divest of the majority of its real estate holdings in canada. those shares up another 7.5% today. blackberry continues higher. tyler? >> thank you very much. we are very pleased to welcome our next guest to "power lunch." 11 days and counting to the big super bowl xlviii at met life stadium, about maybe eight miles from here. it's home of the first outdoor cold weather super bowl, football, old school. here to talk about plans for the game day, jets owner woody johnson, giants co-owner jonathan tisch and new york-new jersey super bowl host committee ceo al kelly. folks, welcome to "power lunch." great to have you. welcome back, jonathan. i guess, mr. kelly, i would start with you. if the super bowl were to have been held yesterday in the new york market, with the snowstorm, what would you have done? would you have held it, postponed it? >> well, that is a decision really

we have citron research, the noted short seller, who will name his top short idea right now. >> you gots him on going long on blackberry, too. good interview. thank you very much. >>> on tap, a boozy blue jean edition of "street talk." plus a record-breaking little red corvette. >>> first, sharon epperson has today's pump patrol. >> money managers are betting that this cold blast will curb gasoline demand in the northeast and midwest and gasoline prices will fall as a result. hedge funds that trade gasoline futures and options reduce their bullish bets on gasoline by the most since june last week as gasoline supplies rose to an 11-month high. this was according to a weekly report. we are looking at gasoline prices at the pump that have fallen two cents since friday, $3.28 a gallon is the national average. we are also looking at just one state where the state-wide average is at the $3 a gallon mark, that's in missouri. no states are below that level. you will find the cheapest gasoline prices in the nation today in joplin, missouri and stillwell, oklahoma, where you can fill up for $2.79

hollande said this week that the government didn't receive any formal request to invest in peugeot citron, but he made clear that stocks would not increase the public deficit because it would be financed by selling other stakes. this is exactly what the government did yesterday. >> thanks for that. >>> the dollar reclaimed most of the losses. euro/dollar, 1.36. dollar/yen, not far away from the 1 is.4505 year low. the aussie, 0.8782. we thought they would create some jobs, and sterling, 1.63. meanwhile, in asia, we've had another shot in the army for abe-nomics. core machinery orders up 9.3% handily beati ining full-year forecasts. meantime, the bank of japan has lifted a view, the governor says he still expects a moderate recovery, despite the likely pain from a sales tax hike which is coming in in april. how has that impacted japanese prices and the rest of asia? joining us is li sixuan. >> thank you, ross. overall, it's a modestly positive session in asia. china's 2013 fdi is declining for the first time in three years thanks to an dmkt recovery in the u.s. and europe. and china market

we'll talk to the executive editor of citron research. it is calling for an urgent trading warning.

it was interesting to see blackberry spiking with citron pointing out it's a software company not a handbest way to play it? >> it is some of as we all them the old technology companies. they are companies whether they're in the hardware or software geared to the enterprise space that are really -- their business model is tied to whether or not companies and i agree with the previous comment, have enough confidence to dip into that large cash pile which is about $2 trillion for u.s. companies and start to spend. i think one of the catalysts might be particularly in tech there's a lot of obsolescence. there's been a being time since we've had a big capital spending cycle. we're overdo. >> given the nsa and what the white house is trying to do to tweak it how does that play into this theme? is it a net positive net negative for the tech industry or is it an investable thesis? >> well with regards to the nsa and anything for certain software companies, it would be a benefit for sure if they can build technology and software that would benefit from anything that would be government related i

if you recall, the stock rose 6% on friday after a research report from citron suggested they had a minimumore positive news coming out for blackberry, carl, back to you. >> thanks so much. >>> the activist investor strikes again dan loeb revealing that third point's largest investment is? dow chemical. urging the company to spin off part of its business. faber will have some details on that when "squawk on the street" returns. in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> this is an all-time high on delta air lines topping estimates and projecting strong growth for the current quarter and year. our phil lebeau back at hq with more on their numbers. >> we talked about how delta would start the airlines earnings parade with b