we go to david faber with the latest on this story. david? >> thanks, melissa. another chapter unfolding in this saga we brought you last june. that's when we reported that charter and liberty had made an overture toward time warner cable about consolidation of the industry. and they would like to lead it by acquiring time warner cable. since then, there's been a lot of back and forth. we haven't seen much until today when we got a letter sent from charter to time warner cable. and for its shareholders saying, we'd like to have you really engage with us about a potential acquisition. but no bid was actually made, reference was made to a previous indication of interest in the low 130s, with an $83 cash some component. we told our viewers that what came back from the meeting was on offer of 160 bucks a share. namely time warner cable telling charter, you want us, $160 is the price. $100 in cash, $60 in your stock with a 20% collar. you do that for us, you can have us. but we're not interested in anything below that. we'll see where it goes from here, of course. th

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i want to go straight to david faber as the earnings hit the tape. david, what do you have? can also tell you that carl icahn is yet again having another company in his targets. this time it is ebay. even with a small economic interest mr. icahn ebay tells us he indicated -- or has nominated two directors to the board at ebay and has also submitted a nonbinding proposal for the company to split its pay pal business from its marketplace business. 0.82% position roughly 10 million shares. let's call it a half a billion dollar position. only one-sixth of the position we know he has in apple with his tweets earlier today and his appearance on "fast money" halftime yet he has nominated two directors to ebay's board and he is pursuing a shareholder proposal nonbinding to separate the company into its pay pal business or spin that business off i should say and be basically the marketplace business along with gsi commerce, an important platform it also has. for its part ebay in the release goes on to say it welcomed the opportunity to listen to the perspective of all its shareholder

i'm david faber with jim cramer live from the new york stock exchange. carl quintanilla has the day off. let's get a look at the futures as we start out on this second trading day of the year. we looking like we have an up open. as for that all-important -- i'm going to put "all-important" in front of the 10-year every time i say it. europe is largely green is where we are right now in terms of the markets -- >> can the 10-year go to 3.89? i pick that number because that's where the spanish 10-year is. unemployment, three and a half year low. spanish bonds are trading at a three and a half year low itself because business has come back. is that maybe a little bit of a roof? do you think it's possible that our 10-year is going to go through the spanish 10-year? >> it doesn't seem possible. >> so maybe we should stop fretting all the time. >> and i italian 10-year. >> before we go phracrazy, we an better shape than they are and they should have their own currency. it really is insanity we're so worried about -- >> it probably is a good thing, not a bad thi

i'm carl quintanilla with jim cramer and david faber at the new york exchange.rner. big bank earnings and decent retail sales. ten-year yield huddles around 2.85 and europe's largely in the red as the nikkei fell 3% overnight after our bruising here yeer

>>> my "squawk on the street" partner david faber and i used to joke around in the late 1990s about what stock was the key to this market. he wanted to know what mattered, what people were keying on. sometimes my keys were the same for months. there was that run in yahoo, which i said was historic right up until it purchased broadcast.com to provide internet radio, kind of a watershed moment, the benchmark of overpaying insanity that defined 1999. before that it was pfizer, rallied like a small cap biotech right into the launch of viagra. i've been saying the keys of this market were tracker supply, little facetious there, but three fast-growing momentum stocks on the go. and i haven't been talking about how somewhat shockingly the stocks of acquirers like fireeye, the network security company that soared 38% today when announced it was shelling out a cool billion dollars to buy another company with expertise, tend to go higher as i'm sure liberty media will go on monday now it announced it's taking over the rest of sirius satellite in what i'm calling a virtual take under. today i said

david faber says it is indeed independent. they could force liberty to pay more for sirius than what they're offering them. some analysts have been saying it's worth as much as five bucks. i wouldn't be surprised if liberty is forced to pay close to recent highs. it could be a way to play liberty with a bit more upside. after the deal closes, all of your sirius will become liberty media class c shares and will represent 70% of liberty's operational value. i think they'll do a better job of running a satellite business and generating massive amounts of cash. i think this sirius xm deal is a fabulous idea and the best way to get in on the ground floor is to go out tomorrow and buy sirius. don't pay too much, please. i bet liberty ends up paying more for sirius thank their original offer, thanks to the independent committee, which could mean getting the new liberty c shares with added performance. what's not to like? after the break i'll try to make you more money. >> announcer: coming up, higher calling? america's economic crisi

next thing i know, we're hearing in realtime about my partner david faber right next to me, that dan loeb has taken a stake in dow. he's pushing for a breakup. a dead dow springs back to life as if by magic. last week, we were supposed to throw away our bonds because interest rates presumed higher. we've seen the interest rate sensitive stocks, the real estate investment trusts spring back to life as they haven't in months. here's the bottom line, not virtually overnight but actually overnight. not in slow motion, but in as it happens, not time lapse, but instant. that's the market since the new year began. and judging by the cross-currents, if you want to be successful you've got to be able to surf the rip tide. >> caller: boo-yah, jim cramer. >> not bad, partner, how about you? >> caller: i'm hanging in there. my question is on cliff natural resources. recently cliff dug below the 200-day moving average, but having problem making deliveries due to some heavy rains in brazil. is now a good time to get my feet back into cliff? >> vale has been a virtual house of pain for my charitabl

. >> david faber, thanks for that update. >>> coming up next in the next hour of "mad money," you hearddon't miss what home depot's ceo had to say. and walgreen's and regeneron, top of the hour with jim. [ male announcer ] start the engine... and shift through all eight speeds of a transmission connected to more standard horsepower than its german competitors. and that is the moment that driving the lexus gs will shift your perception. this is the pursuit of perfection. see, i knew testosterone could affect sex drive, but not energy or even my mood. that's when i talked with my doctor. he gave me some blood tests... showed it was low t. that's it. it was a number. [ male announcer ] today, men with low t have androgel 1.62% testosterone gel. the #1 prescribed topical testosterone replacement therapy increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne,

david faber has details for us. >> thanks, bill. can see right there in fact it is trading above the implied price of that offer. you can forgive sirius shareholders if they're a bit confu confused. i want to boil it down for people. it's worth about $3.68, that was the price of liberty not too long ago, as of friday. down a bit today. you take a ratio essentially that is for our purposes we'll call it 0.253. why? well, we don't even need to get to it. just trust me on this one and at the end of the day that's what will be issued to sirius shareholders. what do they get? they old 39% of a stake in what is liberty media which would comprise largely, that 100% holding of sirius satellite radio, also the 27% stake it owns in charter, the 26% stake it owns in live nation and you also own the atlanta braves there. but the company is arguing you get more than that. you get liquidity and you get rid of a lot of the uncertainty. here are the words of liberty's ceo greg ma ffei. >> an opportunity for sirous shareholders to participate in opp

david faber is on the phone with more. the letter. it's a letter to begin or try to get them to begin negotiations in a significant way. of course, pressure the company's board and management through shareholders who they hope will force them to come to the table. what i can share with you at this point as well though of course you know we've been following this story since we reported it back in june the meetings. in the letter itself that charter and liberty have put out today, they do reference a december meeting and they reference as well a proposal put to them by time warner cable that they call an unrealistic price expectation. what was that? well, i can give you the details now because at that time time warner cable indicated to charter that if they wanted to be successful in buying the company, a price of $160 a share -- >> wow. >> would be what they needed to meet. that's $100 in cash and a stock component worth $60 a share. to make sure it's worth $60, they also asked charter and liberty to include a 20% collar s

. >>> my "squawk on the street" partner david faber and i used to joke around in the late 1990s aboutted to know what mattered, what people were keying on. sometimes my keys were the same for months. there was that run in yahoo, which i said was historic right up until it purchased broadcast.com to provide internet radio, kind of a watershed moment, the benchmark of overpaying insanity that defined 1999. before that it was pfizer, rallied like a small cap biotech right into the launch of viagra. i've been saying the keys of this market were tracker supply, little facetious there, but three fast-growing momentum stocks on the go. and i haven't been talking about how somewhat shockingly the stocks of acquirers like fireeye, the network security company that soared 38% today when announced it was shelling out a cool billion dollars to buy another company with expertise, tend to go higher as i'm sure liberty media will go on monday now it announced it's taking over the rest of sirius satellite in what i'm calling a virtual take under. today i said the key to this market right here right n

david faber has some right now in fact. david? >> thanks very much, scott.ceo of dow chemical has a new large share holder in the ranks at dow and active shareholder at that. dan lobes has taking a 1.3 billion position in dow. on this new investment site, called the harvest exchange, hvst.com, he's released his shareholder letter essentially where he's outlining the position that third point has taken in dow chemical and also going and more or less asking the company to move ahead with the consideration of a split of its petro chemical operations from its overall business, saying that to do so would of course add a great deal of value. we know mr. lobe as an activist in sort of two ways, sometimes very nasty, think sotheby's with the likes of the letters he's written there and more constructive, think sony, or even cf. this certainly would seem to be the case here. it is along the lines of the kinds of activist campaigns we've talked about a bit lately where even a large shareholder suches amr. loeb is small in comparison to the market cap at company. it's s

i'm carl quintanilla with jim cramer and david faber at the new york exchange.a morning we have in store for you the ceo of charter will speak to faber on the bid for time warner. big bank earnings and decent retail sales. ten-year yield huddles around 2.85 and europe's largely in the red as the nikkei fell 3% overnight after our bruising here yesterday. our roadmap begins with earnings season, jpmorgan and wells fargo out with mixed results and we'll tell you exactly what you need to know. >>> charter communications says it wants to buy time warner for 132 bucks in stock and cash and twrawrm says how about 160? we'll get a reaction and exclusively interview with tom rutledge in a few moments. >>> google is buying nest labs a maker of smart thermostats and smart smoke alarms for $3.2 billion, it would be the second largest ever in google's history. >>> first up stocks are trying to bounce back from that poor start to the week. the dow coming off its worst day since september and experiencing its first 1% drop in three months. s&p and nasdaq posting their biggest

but today cnbc's david faber solved all that for us when he reported it was actually carl icahn who boughthares. few moves this week like fireeye, cyber security company acquired a privately held company mandian, cyber security firm for $1 billion in cash and stock and announced fourth quarter and fiscal 2014 refer new topping estimates. that stock up 33% in just one week. back to you. >> and they're paying for the deal 90% in stock, too. thanks very much. have a great weekend. >>> now from stocks to real estate, there's a tale of two luxury markets here in new york city these days. it could have wider implications. robert frank, explain to us what's going on. >> report today with blockbuster numbers that show all kinds of records being broken in manhattan real estate. the average price for an apartment in manhattan is now $1.5 million. that's an all-time record for fourth quarter. inventory now at the lowest levels in recorded history. they're just running out of luxury apartments in new york city. only about three months supply. now, what's interesting is that only some kinds of apartmen

i'm david faber with jim cramer, author of the new book "get rich carefully ".utures ahead of first t

i'm david faber with jim cramer live from the new york stock exchange.

i'm david faber with jim cramer, author of the new book "get rich carefully ".e no idea how he had time to write a book. carl quintanilla is off today. let's take a look at futures ahead of first trading session of 2014. right around that 3% on the 10-year yield. a little bit over 3%, that of course continues to be the key in so many ways. let's take a look at how we traded in europe so far today. as you can see, sort of a mixed bag, let's call it, a lot of red on the continent. as for our road map here in the united states, 2013, any way you say it, a fantastic year for stocks, dow and s&p, brand new all-time highs. what does the new year have in store? we're going to take a closer look. plus an american institution no longer. fiat has officially signed an agreement to acquire the remaining stake of chrysler it doesn't already own. and a long legal fight over. martha stewart and macy's that started over a dispute over rights for home products. >> and blizzard-like conditions, winds could be hitting 45 miles an hour, the subway is the way to go in new york city.

david faber and jim cramer.rget ceo speaking to cnbc. ten-year down to 2.85 ahead of inflation data and regional surveys later. europe hanging on to green

jim cramer, david faber at the new york stock exchange. futures are higher on this very cold and big week for news. a possible janet yellin confirmation, fed minutes later in the week. ten-year yield still in that range. still some auctions of ten, threes and 30s and asian markets started their year with some losses, but some encouraging pmis in europe, especially in spain. our map begins with twitter. being slapped with a big downgrade. >> sirius xm moving the other way. liberty offering to make the service a wholly owned s subsidia subsidiary. >> apple reportedly snapping up snappy labs. apple is close to breaking below its 50-day moving average. >> and to buy jose banks, 57.50 a share. >> twitter downgrade. by morgan stanley to underweight from equal. citing growinging competition from facebook and google. the call comes two months to the day that twitter priceded its ipo at $26 a share right here. the stock is now at 140%. this is scott, the analyst at morgan stanley. well-known. helped take facebook public and now feels they have the

good tuesday morning, welcome to "squawk on the street" i'm carl quintanilla with jim cramer and david faberexchange. futures are higher where weather is dominating the discussion from air travel to nat gas to utilities and we'll cover it all. here's the ten year a day after janet yellen was confirmed by the senate 56-26. got some fed speak on the docket today as well. european inflation or the lack of it continuo

jim cramer, david faber at the new york stock exchange.irmation, fed minutes later in the week. ten-year yield still in that range. still some auctions of ten, threes and 30s and asian markets

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange without a doubt the week, earnings from mcdonald's and netflix and ebay whose ceo we'll talk to in a moment about carl icahn and the ten-year yield finally some macro to react to. claims were okay and we'll get existing homes later on and europe's pmi

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.d on the quarter a moment ago. and, of course, we have earnings from ge, morgan stanley, intel, and more. the ten-year yield take a look, we'll get industrial production and michigan sentiment this morning and then europe has some mild gains. 97% of the german dax by the way trading above the 200-day average. the roadmap thisor

i'm carl quintanilla with jim cramer and david faber at a snowy new york stock exchange.

i'm carl quintanilla with jim cramer, david faber.ar and a half, we might get a breather from selling. caterpillar beats on earnings. ten-year yields around 2.75. the two-day fed begins tomorrow. bernanke's last day on the job friday. asia continued to get hit overnight.

. >> and david faber. what a morning for business news we have earnings on tap. beat on adp, a series of big analysts moves and, of course, the dow needs 45 points to break even for 2014. look at the ten-year, we'll get some minutes from the december fed meeting around 2:00 p.m. eastern time, italian unemployment 37-year high and more signs of euro zone reflation. >>> shopper trak out with the first wide scale read on the holiday shopping season and it's a mixed picture for november and december, in-store foot traffic at the nation's retailers fell 14.6% compared to the year prior but in-store sales grew at 2.7%. slightly hopper than what shoppertrak had forecast. the main reason for the traffic plunge they say is that. shoers are making fewer store visits than in the past because most window shopping and browsing is done online ahead of time, so the shoppers that are making the shopping trips are going with intended purchases in mind. black friday was indeed the strongest day for brick and mortar retailers both for sales and traffic. then there was a large lull

. >> and david faber. what a morning for business news we have earnings on tap.nts to break even for 2014. look at the ten-year, we'll get some minutes from the december fed

i'm carl quintanilla with jim cramer and david faber at a snowy new york stock exchange.he snow may have been tough on commuters, but the earnings may be tough this morning. futures as you can see are mixed as have the averages been over the past several days. the ten-year note a touch higher than it was at this time yesterday. and as for europe some mild weakness in the uk and in spain. our roadmap this morning goes, we'll start with coach. shares of the luxury goods maker down big in the premarket after same-store sales in north america plunges 13% year on year. >> and ibm is not looking too good. down on earnings. the tech giant reporting revenue below estimates for the fourth quarter in a row and due to weakening demand in part in emerging markets. >> a lot of people facing a nasty commute after a massive winter storm dumped over a foot of snow across the northeast. left temperatures hovering near zero. we'll go live on the ground to see just how bad things are in a moment. >>> but first up, coach reporting weaker-than-expected fiscal third quarter results and comps d

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.kle up for a busy way, davos and the s&p reporting and we've got it all today. the futures looking not too bad. the ten year is 284. europe is mostly positive despite the first decline in german investor confidence in about six months. the roadmap begins with a slew of big-name earnings, verizon, j&j and travelers and delta beating estimates we'll break down the quarters of each. >>> taking a large position in dow chemical calling for a strategic review. >>> and attention business travelers the eastern half of the u.s. bracing for another big snowstorm and biting cold, we'll get into that, but first, it's a big morning for earnings. three dow components in the mix, verizon and j&j and travelers beating the streets with their quarterly results. outside of the dow delta air lines did also exceed consensus with profit of 65 cents a share helped by lower fuel costs. let's go through the big dow names. bus unlike last week unlike last week almost uniformly good. >> i like what verizon had t

i'm carl quintanilla with jim cramer, david faber.t of the worst week for stocks in a year and a half, we might get a breather from selling. caterpillar beats on earnings. ten-year yields around 2.75. the two-day fed begins tomorrow. bernanke's last day on the job friday. asia continued to get hit overnight. nikkei below 15,000 for the first time since november but settled just above that. road map begins with the dow looking to work back its worst week in over two years. >> caterpillar results beating estimates. the company announcing a new $10 billion stock repurchase program. >>> cisco slapped with a dow downgrade by jpmorgan. >>> apple slated release results after the bell today. we'll preview how the all-important holiday sales season has impacted its quarter. >>> first up, stocks are looking to bounce back from a rough week which ended with the dow 318-point sell-off on friday. the s&p coming off the worst weekly percentage loss since june of 2012. this, on worries about emerging markets and concerns that may further scale back

david faber and jim cramer.arnings from the big banks headed our way, detroit auto show, m&a action, target ceo speaking to cnbc. ten-year down to 2.85 ahead of inflation data and regional surveys later. europe hanging on to green as well. road map begins with retailers suffering the same fate as target. neiman-marcus is among those whose customer data also breached. hear what target's ceo told becky quick, next. >> ford unveiling a big change to f-150 pickup truck, using aluminum in the body. alan mulally will join us in a moment. >>> suntory planning to buy u.s.-based beam for $14 billion after accounting for assumed debt. >>> target is not alone when it comes to data breaches. neiman marcus says mack hacker may have stolen information. in an exclusive interview, target ceo telling becky quick, the retailer's accountable for the data breach that affects 10 million customers. the full extent is not known but malware installed on the point of stale registers. target working with law enforcement to determine who

david faber at the new york stock exchange. morning four the biggest companies in the united states, gm, bank of america, apple and we'll walk you through everything and hear from tim cook in a moment. futures are relatively stable. ten-year eeled reacting to a ppi number that did run a bit hot, first rise in a few months and europe in the green at least for now. our roadmap begins with a cnbc exclusive. with both apple and china mobile ceos, apple share's rising in early trade on the tech giant's new deal with china mobile. >>> bank of america reporting better-than-expected fourth quarter results. >>> and as new ceo mary barr takes the helm, gm expecting pretax profits to rise modestly this year but margins remain flat until 2015 on the back of news that the automaker will pay its first quarterly dividend in almost six years. >>> and elon musk taking on the government for the proper term for tesla's fixes. >>> first up, though, apple shares rising in the premarket on optimism surrounding the company's deal on china mobile. tim

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange.e'll close out the week with a bang as far as news goes. u.p.s. just warned on the quarter a moment ago. and, of course, we have earnings from ge, morgan stanley, intel, and more. the ten-year yield take a look, we'll get industrial production and michigan sentiment this morning and then europe has some mild gains. 97% of the german dax by the way trading above the 200-day average. the roadmap this morning begins with u.p.s. the stock going to take a hit this morning after lowering their fourth quarter guide ax, a hangover from the holiday shipping fiasco. >>> and shares of intel are sliding after fourth quarter earnings missed estimates and warning of flat revenues for the rest of this year. >>> and speaking of earnings morgan stanley, general electric, and amex making big moves today, we'll break them down with you. but first up, u.p.s., the package delivery company expects fourth quarter earnings of $1.25, well below forecasts. u.p.s. said it's been negatively impacted by higher cos

david faber at the new york stock exchange.nk of america, apple and we'll walk you through everything and hear from tim cook in a me

good tuesday morning, welcome to "squawk on the street" i'm carl quintanilla with jim cramer and david faberg to stay warm after the game last night at the new york stock exchange. futures are higher where weather is dominating the discussion from air travel to nat gas to utilities and we'll cover it all. here's the ten year a day after janet yellen was confirmed by the senate 56-26. got some fed speak on the docket today as well. european inflation or the lack of it continues to be a concern for some economists, but stocks over there are in the green. our roadmap begins with the coldest arctic blast in at least 20 years affecting more than half the nation's population. wreaking havoc on commutes, travel and businesses. >> and the s&p meanwhile looking to avoid doing something it hasn't done in a very long time, that is, a fourth consecutive time since the start of the year. >> morgan stanley downgrading netflix from underweight to equal weight. >>> and scott cohen reports jpmorgan chase officials will avoid madoff related penalties and jury selection begins for the inside trading case for s

i'm carl quintanilla with jim cramer and david faber at the new york stock exchange without a doubt theusiest day of this holid holiday-shortened week, earnings from mcdonald's and netflix and ebay whose ceo we'll talk to in a moment about carl icahn and the ten-year yield finally some macro to react to. claims were okay and we'll get existing homes later on and europe's pmi much better than china's. the roadmap begins with netflix shares up 17% premarket and applesed to poised to open at new highs and subgrowth jumped. >> and mcdonald's beating expectations but revenue in december same store sales missing in what the company calls a challenging year. >> and ebay completing an earnings trifecta beating by a penny as carl icahn announces a stake in the company calls for a paypal spinoff. >>> first up, netflix is poised to open at all-time highs. the company adding more than 2.3 million new u.s. subscribers to its streaming service in the fourth quarter. netflix says it's projecting an additional 2.2 million domestic streaming subs. and handily beating estimates, 79 cents a share. talked