i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. pre-market soft as investors move on after draghi, yellen, opec and that jabs number. big m&a deal as keurig green mountain agrees to a take out. europe getting some green air rows. oil below 39. brent below 42 for the first time since 2009. we begin with shares of chipotle falling hard. the company issuing disappointing guidance on another e. coli outbreak. >>> and a $14 billion acquisition, huge premium for keurig green mountain. it's going private. >>> and ge's deal with electrolux is off. >>> first up, keurig green mountain has agreed to be taken private. the investor group led by j.a.b. holding. coke, which owns about 17% of keurig says it is fully supportive of the deal. keurig will operate independently as part of j.a.b.'s coffee platform. what else do we know about this. >> the main one they own is jacobs -- they did a deal with mondolese back in '14. it was completed in july, actually, of this year. 44% of that company is owned by mondolese. the rest is controlled by jab. mon

david faber. when we come back, jack ma following in the footsteps of jeff bazos.hat his big move means for alibaba, and a big executive leaving yahoo. kara swisher will tell us what's going on, and we'll continue to watch this decline in the markets. s&p down to 2,026, and the dow still down 200 points. we're back in just a minute. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running. get up to 48 monthsw interest-free financing on tempur-pedic, save $300 on beautyrest and posturepedic, or choose $300 in free gifts with stearns & foster. the triple choice sale ends soon at sleep train. >> the marketed is in in trouble, but we have tech news to get to as well. swrak ma is one of the big stories. alibaba buying the south china morning post. the "new

marketplace is bringing it in. >> when i speak to people about the stock market, they ask me to ask david faber going on with viacom what is really going on with time warner? these were stocks they all owned. these were owned stocks, time warner got a takeover. they fight it off. david, this group, cbs, this group was a famous group. lots of cash flow, bought back stock, executives paid a lot what is the overarching theme that makes it so these almost trade like commodity stocks? what is it? >> i think your point is good. of course, it was '14 when time warner got the bid from fox. we had talked about consolidation. this has been a year, to your point all of them have performed terribly in the market. where these concerns about cord cutting, cord shaving, how content is going to be used, viewed, watched, monetized have come to the fore. it's been out there for years, as you know. we've been talking about it. >> what was the tipping point? >> a lot of it was august. a lot of it was that interview we did with bob iger, bringing to the fore this idea maybe we're there now. you have not had a great

david faber has all the latest details when we come back. . >>> welcome back.deangelis reporting from the nymex, a build up of 1.8 million barrels, almost 1.2 million barrels higher than last week. traders were expecting to see a decline. they were expecting a million barrel decline because refineries are using more product to make product, but we got a surprise build on our hand this sending prices under the $41 mark. the session low, 40.90. we have not broken through that. bearish factors continue. the strong dollar continues to be a problem for all commodities. the dollar index close to march highs. opec on friday not expected to change its stance on output that could send the prices under $40. sue herera, over to you with the news headlines. >>> here's your news update. secretary of state john kerry holding a news conference at the nato meeting in brussels. he says nato members are ready to step up military efforts against the islamic state. he welcomed nato's invitation to montenegro to become a full member of the alliance. >>> david cameron opening a crit

i'm carl quintanilla with simon hobbs, kayla tausche, david faber, cramer is off today.utures close to session highs as the s&p goes for its first three-day win. europe in the green. bonds and oil, watch them closely. crude is back below 37. there hasn't been a rate hike since '06. that decision will come out at 2:00 p.m. eastern time. chair yellen scheduled to hold a news conference a half hour later. cnbc will bring you complete coverage of the big fed event. reminders of where we were on pop culture on june 29, 2006. >> it's been a long journey. it's been a long journey this year as we agonized about whether or not they would raise rates. during the course of that year, the stock market is basically more or less where we started. the ten-year treasury is basically, after this back and forth during the course of the year, basically back where we started. the big mover is the dollar index. the euro down 9%. that's partly you what see in the corporate earnings. >> you do have oil down sharply. you have the junk bond market reeling despite the fact that interest rates hav

welcome to "squawk on the street," i'm david faber along with simon hobbs and sara eisen.e are live from the new york stock exchange. carl quintanilla and jim cramer have the day off. let's look at futures now. coming off of a down day yesterday. the s&p in negative territory for the year, safely so. that may change. and you can see that perhaps it will change as soon as 9:31, let's call it, judging from where the futures are. european markets in rally mode as we used to say. maybe we still do. >> we do. of course we do. >> you can see there the dax in particular up 1.69% off of not a bad overall year as we look at yearly returns. how is the ten-year note yield doing you ask? there it is. 2.25. and of course crude and natural gas -- crude in particular, so important in the movement of the market, down yesterday. market down. up today, we'll see whether the broader equity market follows through. we have the latest s&p case-shiller home price report. that was released just a moment ago. the results being shown, you can see them at the bottom of the screen. it looks like a de

david faber back with us from 30 rock and mike is joining us from hq. this is the topic for wall street holiday parties. explain what's happening and why it's so concerning. >> this is third avenue focus credit fund. it was a high yield bond fund. it was operating kind of in the fringes of high yield market. this was high risk in high risk sector. what happened was fund had lots of redemptions and investors wanted their money back and they were unable to sell enough holdings that allowed them to honor these daily withdraw requests. they are liquidating the fund. they are going to shut it down. give you cash back but later. so really what it is emblematic of the stress that's working its way through the kind of dicier areas of high yield and spreading to the broader high yield indexes. >> i'm curious about what you're hearing about what that means and what it says overall about shares with liquidity. >> there's a lot of fear right now. i would love to get michael's take on what i'm hearing saying spreading. i've had a couple phone calls with equity and d

cnbc's david faber spoke exclusively with ceo marissa mayer and board member maynard webb, and asked about their strategy to change the company. >> we still feel that the forward spin we originally proposed is likely to be tax-efficient, but that said, we did overall see indications, certainly in the market, around uncertainty as to the tax treatment and the duration of time it might take in order to get to resolution. and so, given that, we feel it's prudent at this time to look at alternatives like the reverse spin, but this is really a board-level question, so i can also hand that to maynard. >> well, i'll ask it as well, if you don't mind. mr. webb, to the extent it is a board-level question what took you so long, then in coming to that conclusion? why spend nine months and had your investor base so focused on this potential spin only to say, wait a second, now we suddenly realize these things might trade at a discount? what changed? >> first of all, the investor perception and the overhang became much clearer as we went closer to actually effecting the spin. also, we have been d

david faber first reported that the tech company may not move forward with its long-planned spinoff of its multibillion dollar stake in alibaba, the giant chinese internet company. it will examine a deal involving yahoo!'s core internet business. an official announcement of the change could come as soon as tomorrow. shares of yahoo! moved higher initially after the report. the moves raise a host of questions, they come to mind. john ford is here to answer them. welcome. why did the board step in here and make this change in a long hailed strategic plan. >> it comes down to taxes. there was an can agtivist infester starboard pushing them at first to spin off alibaba because it's worth so much. then when the u.s. government wouldn't say yes, we'll let you do this without getting taxed they said wait a minute, more and more it's looking too risky if we have to pay a tax bill selling that off. instead, why don't you sell the core business. yahoo! has not yet made it clear it's going to sell yahoo! the core business. but that's what a lot of investors think could be the end game here. >> wh

david faber spoke with both ceos today and discovered the tie-up was one of the first things edward breenonsidered when he took the top job at du pont just two months ago. >> it was my first day at du pont. andrew called me up and we literally met that sunday and spent the afternoon -- >> day one. you didn't wait. i know there's an anecdote. you didn't even have time to know where the bathroom was and -- >> that was my joke to him. >> and exactly the way i remembered it. and ed responded very quickly. to his point, the du pont board had obviously been considering the moment in time was arriving. the ag business needed a partnersh partnership. and remember, this is a game changer for ag and what we're creating in ag. the du pont board was heavily g ag-oriented. 60% was ag. the multiple approaches, we needed the moment in time and the person and the person to arrive and say you know what, there's a lot of value to be down here and the board agreed. >> shares of the dow component du pont were off 5% today. dow chemical -- well, dow chemical dropped nearly 3%. >>> in economic news producer pr

i'm carl quintanilla with jim cramer and david faber. some modest gains. central banks and focus as the swiss and u.k. leave banks unchanged. the nikkei down three days in a row now. here in the u.s., jobless claims just slightly above estimates this morning. crude was trying to hang on to some earlier gains after that opec supply forecast coming in for next year. what we will hear from chipotle ceo on the company's food safety debacle. they like what they are saying so far. >> we will give you the latest developments on that potential likely deal between dow and dupont. could create a combined company certainly worth $130 billion in the marketplace before it splits it all up. >> the world's largest retailer getting into the mobile payment race with walmart's new plan for consumers and the competition. stocks looking to snap a three-session losing streak in which the 200-point gain was essentially wiped out. weekly jobless companies go to a high. debt reduction and the stocks still down about 70% year to date. both glencore and ben chevron making comments

i'm carl quintanilla along with jim cramer and david faber. a lot of data coming in from around the world. pmis have the world in a pretty good decision. we'll watch auto sales coming in in about 15 minutes. consens consensus, 18.2, 18.2. meantime we're watching the month of december and stocks heading into the premarket. a month of gains, of course, for the first time since the month of may. year to date the s&p up in positive territory while the russell and the dow are in the red. interestingly, jim, down for the first time in the past ten years. >> that's surprising. i would think the people trying to make contributions for the 401(k) would get started. i find that someone who regularly contributed soon has to start taking out. >> whoa. whoa. >> it's a natural thing. so i find that to be somewhat unnerving given the fact that when are people going to put their money in? >> yeah. people are going to start playing the year-end target game. >> there i love. >> there are a few sessions to go. >> i love this period because there are anointed sto

i'm david faber, along with sara eisen and simon hobbs.e from post nine at new york stock exchange. carl has the day off. let's look at the markets. we're in positive territory on the broad averages. wti for january, this is the last day to see that. i think it starts trading, the new contract, tomorrow. >> i thought it flipped -- >> i thought it flipped any time. that's not true, simon, you know many things. perhaps not this one. it is down 1.84%. and we have been trading off of oil. that's been certainly, sara, the most important thing we've been walking in terms of direction of the markets. >> let's get to the road map for the hour. "star wars" destroying box office records this weekend. that's not giving much of a boost to disney stock. will there be more of an effect in the long run. >> and anal's ceo speaking out last night slamming the tax code. >> and if there's a drone on your list, you better register it. we'll talk about that in a bit. >>> we're up 103 points on the dow. it's a triple digit rally. a welcomed break for many in th

good tuesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. m chinese trade data comes in weak. mining stocks hit hard, anglo americans spends the dividend. europe taking the queue from china and japan, the big story today, oil below 37 for the first time since '09. oil down 15% since the opec meeting. our road map begins with oil hitting seven year lows. >> we have news on the m&a front. the latest on deals that may or may not happen. >> and chipotle down another 5% pre-market, dragging that stock down nearly 20% so far this year. the latest on the company's e. coli outbreak. futures moving lower following monday's stock market decline. november data showing chinese exports fell for a fifth consecutive month. we've seen wti fall below 37 for the first time since early '09. shares of mining companies taking a hit after anglo american announced plans to cut jobs as part of restructuring. rio tinto said it will cut cap x in '16. it's all over today. >> rio is off 39, valet, 69%. when you slash 85,000 jobs out of 1

simon hobbs, david faber.enjoying a nice 200-point rally as oil rebounds a two-day fed meeting today. news on home builder sentiment. diana olick has that. >> home builder sentiment down 1 point in the monthly sentiment index for september. that is a miss. the street was looking for a one-point gain. they got a one-point loss. we are in positive territory but barely up three points from a year ago. the builder did not cite mortgage rates in the report, you have to believe that is weighing on them. they say they continue to struggle for high cost for lots and labor. current sales conditions down one point to 66. sales expectations down two points to 67. buyer traffic down two points to 46. that last one still the only one mired in negative territory. the northeast was the weakest territory at 49. midwest had the biggest drop down 5 points to 55 a miss a drop of one point on the monthly home builder sentimentment back to you. >> stocks near the highs of the day. rising oil prices are helping. investors awaiting

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. we put this historic week to bed today. futures paring some earlier losses. s&p has a chance to end in the green despite the carnage yesterday. japan and europe struggled overnight. bank of japan extending some measures of qe but leaving the monetary base unchanged. oil touched a seven-year low today after that 10% round trip this week to monday's low. the high yield bond fund posing the largest outflow since august of last year. futures lower today but better than expected numbers from lennar and darden. >> apple pay is heading to china but could it take on alibaba's alipay? >> and martin skreli out of bond after being arrested for securities fraud. >> stocks set to open up lower. oil on track for the third consecutive weekly decline. the nikkei down 2% after the doj has measures that are not as bad as some had thought. >> there's a way to build your economy. japan -- i think they've given her all they got, to quote scotty, because we were talking star trek earlier in the show. seaml

i'm david faber. we are live. jim cramer and i. carl seen quintanilla has the d off. a big rally yesterday. we are looking for a higher open. european markets rallying in part off of our move yesterday. you can see in particular the german dax having a very, very strong session. ten-year note yield, right around 2.3. let's call it. is that where we were? am i right? crude oil is down again. i'm sorry. it is now up. >> it just reversed. i was looking at it five seconds ago. it was down. now, it is up, as you see. .37. >> the fed raises interest rates for the first time in almost a decade. futures, as you saw, up again after that big rally yesterday. fedex gets a nice boost this morning. strong holiday online holiday season helping that company and one of america's most hated men. >> martin shkreli, once criticized for drug price gouging, he has been arrested on charges of fraud. >>> a modest increase under a federal funds rate is now appropriate words of janet yellen at yesterday's news conference following the central bank's quarter point rate hike. she elaborated on

i'm carl quintanilla, with sara eisen, david faber, simon hobbs.consecutive gain. ninth consecutive triple digit move as we get some relief in oil, up about $1 here. some good economic data. new home sales and consumer sentiment. rick santelli has got that. rick? >> well, it's a miss on new home sales, following a big miss on existing home sales yesterday. this is november, folks. we're expecting the number north of 500,000, that's 500,000 seasonally adjusted units. we ended up 490,000. it doesn't end there. 495 last look, now downgraded to 470. if we look at 490, how does that stack up? that would be the weakest since september at 447. but considering what we have with 470, it changes things. what's fascinating is the high water mark was february, 545,000. best since february of '08. definitely a small fraction of ten years ago when it was 1.3 million. let's go to university of michigan sentiment, 92.6 december final read. sequentially comparing it to 91.8, the mid read. we throw that away. 92.6 is not too bad. the best read we've had since july.

welcome to "squawk on the street," i'm david faber with jim cramer. carl quintanilla hat day off. futures right now, we are set for a higher open after we got those employment numbers a half hour ago. european markets had been in the red given our performance yesterday. asia had been week. that's still the case in europe right now. the german dax has been the worst performer over the last couple of days. ten-year bund also adding some yield over those last couple of days. how does oil look and the ten-year note? just got news from opec. there's the ten-year. is there anybody who doesn't expect there will be a rate rise in december? i'm sure there's somebody out there. they may be harder to find. our road map this morning starts with that jobs number. 211,000 jobs were added in november, plus upward revisions to previous months. the case building for that rate hike later this month. >>> futures higher coming off an ugly day in the markets. energy names, jim and i will talk about that. i got to hear what he thinks. and an m&a, lack of it perhaps in this case. norfolk southern reject

the ceo of both companies spoke with david faber earlier today about the key drivers of this deal. >> this deal you've got to understand is the most tax efficient way to put the pieces together properly. there is no tax. >> this deal was always to be had. this deal was always there and every investor including activist investors who we settled with and their two directors by the way, great day of the accident directors, fiduciary duty, doing the right thing, this is a unanimous approval to get this deal done. >> the merged company will go by the name dow dupont, will be owned 50/50 by current shareholders of both companies. the dow ceo will become executive chairman and take the lead in the materials division, ed breen will head up the ag and especialliy units. they are going to eventually break this company up into three different parts. >> two become one becomes three. >> becomes three. >> we can't understate the historical relevance of this deal, most of these companies trace their roots back to the 19th century, dupont started in 1802. these are pioneers of american history, combi

as our david faber reported earlier this morning, the board is meeting to discuss that idea as well asaking a meeting with jeff smith, ceo of activist investor starboard. let's bring in john steinberg, ceo of the daily mail north america. >> i think there will be a bidding war for it. people that sht interested in had tech have an idea for yahoo. it's the turnaround to end all turnarounds. it's the golden goose that no one is ever really able to capture and figure out. i think there's a lot of hubris, myself included. everybody has an whered for what they would do if they were running yahoo. >> look at the spat of ideas that's out there so far. having private equity, take a behind the scenes turnaround, maybe outside the public eye. give it to a telecom company that can use the distribution prowess that they already have to leverage yahoo video. where do you go? >> i think the debate that i see is between breaking it up and actually taking it out whole, right? i can't tell you whether it will be a telecom or private equity, but certainly when you look at the prices that a take-out woul

. >> the stock did ran up anticipation of expected deal, david faber and i talked about that deal endlessly and it got to a little bit below the 4% yield. that's not good enough. that said, i don't recommend tobacco stocks on the show because i -- i do not care for tobacco, but if you wanted to buy that stock and take that dividend, set up an anti-tobacco clinic, fine with me. it is a very well run company. if it could get amazon, then it's ready for pain, but don't get me wrong, there's still some winners out there and i'm here to help you find them. on "mad money" tonight, looking for. ing that sparkles this season? stuffers have been a mixed bag. i'm revisiting my take on tiffany and some of the country's largest jewelry brands. wait till you hear whe i stand now. plus, can abercrombie compete this holiday with a fully dressed executive suite? the man behind the $160 billion deal to form the world's l lgest stay with cramer. >>> last week, we got some puzzlili action in the jewelel space as signet, the parent company of kay jewelers, jared and zales reported the first weaker-than-expecte

david faber breaking that story for us just a half an hour ago. what does this mean if you're a shareholder of yahoo -- >> i am. >> are you happy about this? >> again, it was about a pause here. it was about waiting to see there are better options, a spinout of the core business one with enough time to develop and incubate this concept. people think there are not only private equity firms but strategics. verizon, disney, you name it, at&t. these people are at least trying to attach to a strategic interest in this. that could also bring more value. the discount is something that not very interesting. and finally if baba themselves want to take yahoo out, they'd prefer a cleaner vehicle and a cleaner company to do it. so spin out the core. this is positive news. >> two ways you can go as most stocks are. it's always binary. you've not been paid to weigh in on this. so you can say that this is ask more questions than answered. that's the negative side of it. to me the positive side of it is it makes it a cleaner takeout target as tim said. maybe it i

i'm david faber along with sara eisen and simon hobbs. carl quintanilla has the day off. let's give you a look at the markets right now. about a half hour into trading. we are down on the broader averages with oil leading the way. now down over 3.5%, after strong week last week. that's the biggest decline we've had in the last couple of weeks. it is pressuring the broader market. simon? >> let's get our road map for the next 60 minutes on cnbc. only four trading days left this year. how should you position through the holiday-hashortened week fo 2016. >> and amazon said it had a record breaking holiday season. we'll get what that means for the stock. >>> and how did the shippers do? did all the packages make it on time? >>> let's start with the selloff we're seeing. we're in the final four trading days of 2015. u.s. marketing reacting to a mix of slow global growth, low commodities prices and a stronger u.s. dollar. chad is the founder and portfolio manager, and jason pride is with glenn meade. chad, given the weak factors weighing in on stocks, how did you perform this y

david faber joins us with the details. david. >> thanks very much. i want to share with people that sources close to the situation indicate or tell me that yahoo's board has made a decision involving that spin off of the stake it owns in alibaba and the decision is not to move forward with the said spinoff of that 384 million share stake in alibaba. this of course a spinoff that yahoo had been planning for for many, many months, announced early last year, was moving forward would it, expected in fact to have actually done the spin of that stake into a new co called abaco early next year. but they have decided as a result the pressure from some shareholders who are concerned of the tax ramifications of the spin, namely that it would not be considered a tax free transaction by the irs and, therefore, would eventually perhaps be challenged as such by the irs and traded at substantial discount as a result of the underlying shares of alibaba. the board of directors has decided not to move ahead with the spinoff of alibaba and instead sources familiar with

i'm carl quintanilla with sarah eisen, david faber and simon hobbs. stocks closed at 1:00 eastern. relatively steady. the s&p relatively stable. italy is closed. back home, bonds closed at 2:00 eastern better than expected. >> "the final trade"ing days for 2015. stocks are poised to end in positive territory, just barely. can the rally hold? >> last-minute shoppers, running to buy gifts for their loved ones or anybody else they might want to buy a gift for. will this be the big boost that brick-and-mortar stores need. we are going to have a report. >> hyatt attacked just as people are getting ready for their pol day season. >>> first up, stocks are looking to extend their win willing streak to four. wednesday's rally put the s&p back in the green for the year. oil prices on track for their biggest weekly gain in a couple of months helped by that drawdown. the surprise drawdown incurred yesterday. claims fell off by 5,000 to 267. that's near a 42-year low. the s&p on the last day before -- the last trading session before christmas, is actually up 72% of the time since 1928. >> what'

our david faber reporting the company's reviewing its dividend.t may cut the payment to save money. >>> soda stream, one stock moving to the upside. it's getting a boost as keurig soars after getting taken private. the stock is, however, still down more than 20% so far this year. >>> and shares of global blood therapeutics, it's falling by 16% today. this is as the data it presented at a conference about its treatment for sickle cell anemia did not look as good as earlier data. blue bird bio also falling sharply on skepticism about its sickle cell treatment. meg terrell is at the hematology conference in orlando, florida, and she's joined now by the ceo of global blood therapeutics. over to you, meg. >> thanks, mandy. and joining us now is dr. ted love, the ceo of global blood therapeutics. thank you for joining us. >> thank you. >> we are seeing stocks taking a hit over the data out over the weekend. is there something that was negative in our sickle cell program? >> not really. we are seeing small cohorts of patients so it's normal to have some

i'm carl quintanilla with sarah eisen, david faber and simon hobbs. stocks closed at 1:00 eastern.e s&p relatively

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. it is fed day.re-market rallying here after a recovery yesterday that warning from 3m taking some of

i'm david faber. we are live. jim cramer and i. carl seen quintanilla has the d off.ooking for a higher open. european markets rallying in part off of our move yesterday. you can see in particular the an

i'm carl quintanilla along with jim cramer and david faber. coming in from around the world. pmis have the world in a pretty good decision. we'll watch auto sales coming in in about 15 minutes.

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york pretty good news for a holiday shortened week including nike and micron. got a warning from bed bath, celgene in the news. europe with good news. back home, durable goods

good tuesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber new york stock exchange. m chinese trade data comes in weak. mining stocks hit hard, anglo americans spends the dividend. europe taking the queue from china and japan, the big story today, oil below 37 for the first time since

i'm carl quintanilla with jim cramer and david faber. some modest gains.us as the swiss and u.k. leave banks unchanged. the nikkei down three days in a row now. here in the u.s., jobless claims just slightly above estimates this morning. crude was trying to hang on to some earlier

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. to bed today. futures paring some earlier losses. s&p has a chance to end in the green despite the carnage yesterday. japan and europe

welcome to "squawk on the street," i'm david faber along with simon hobbs and sara eisen.ve from the new york stock exchange. carl quintanilla and jim cramer have the day off. let's look at futures now. coming off of a down day yesterday. the s&p in negative territory for the year, safely so. that may change. and you can see that perhaps it will change as soon as 9:31, let's call it, judging from where the futures are.

welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new yorkre-market. the dow has logged seven consecutive sessions with triple digit moves. a lot to work with today, revised gdp, more trouble for chipotle. a mixed morning in europe. existing home data in about an hour. keep your eye on ud

. ♪ >>> good wednesday morning, i'm carl quintanilla with jim cramer, david faber at the new york stocksks just past noon eastern time. three other fed speakers take the mike as well today. asia steady overnight. europe is faltering on this

i'm carl quintanilla with simon hobbs, kayla tausche, david faber, cramer is off today.ion highs as the s&p goes for its first three-day win. europe in the green.

faber's phone is ringing. ed breen will be ceo of the company, and david is joining us now with more.e a buddy of ours from -- >> well, he took over at tyco, took them apart. >> try to call him. >> we've tried. he's going to be joining us at 9:00. >> oh, good. >> both of them. >> walk overover. they are nearby in midtown. >> not one, but two for friday. >> that's big. >> a deal we've waited for for a couple days, and the market already adjusted to it. it was wednesday they were up sharply, 10% at least. >> yeah. >> added 14 billion in market values for the one day. yesterday, pulled back, and we'll watch today. they are down, dupont down more than that. 1.28 shares fixed exchange ratio for one share -- calling it dowdupont, so for each share, you get one share, and dow received 1.82. >> half million dollars just to come up with the name, you think? some advertising firm? >> highly paid advisers. >> we think dow dupont. >> going through it. they've gone through a lot in the last eight weeks in particular, joe, and people who have been involved in putting the deal together are going thr

i'm carl quintanilla with jim cramer, david faber at the new york stock exchange.vestors move on after draghi, yellen, opec and that jabs number. big m&a deal as keurig green mountain agrees to a take out. europe getting some green air rows. oil below

i'm david faber and jim cramer. we already started talking to each other, we'll talk to you.change. carl quintanilla has the day off. let's look at futures after coming off that big down day on friday. certainly if you were long in the market you were not happy with it. we are having a bit of a rebound or seems as though we are going to in the early part of the marketn.