scarlet: that was mark faber. he was skype being in from thailand. weisenthal joins us what he had to say about his outlook for 2015. note surprise he is pessimistic. as long as i have been aware of mark faber, he has warned of calamity and the fed losing control of everything. i loved his call where he said you should buy rural real estate in spain and italy and juggle and parts of asia. in 2009 during the said to the crisis, he buy land where the bombs will not fall. scarlet: i would love to see how much can food he has stocked up. >> we should do that, we should see what his compound looks like hi=. scarlet: he has been bearish on equities which is no secret. seasonablyt a chart and you look at the s&p over last few years. the blue line is the year to date in we are much flat right now to in 2014, the green line rose 11%. in 2013, the yellow line rose 30%. in 2012, the blue line had a 13% gain. when all is said and done the recent past, stocks have been doing fairly well. betterage, stocks to than bonds. that if you ask economists and strategist w

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

we don't have time. >> you expect that in the faber household.eving children. >> ychl. >> we'll get to it at some point. >> the media stocks, it has been a horrible year. yesterday i mentioned while stocks were rallying, they have been down dramatically over the past couple of years. viacom down 45% year to date. fox down 23%. discovery, time warner down about 23% for the year. of course netflix up 144%. did want to change subjects to valeant. the company holding an investor-day meeting, this one day after it introduced a new policy, if you will, to try to cut out the pharmacy benefit manager and even insurance companies to a certain extent, having almost a direct sale crew at walgreens for a number of drugs initially, and more over time in this new deal. the stock was up dramatically yesterday, crossing that $100 threshold. responding positively today to what is new earnings guidance from the company, total revenue previously seen between 11 billion and 11.2 billion, that's for full year 2015, now 10.4 and 10.5 billion. they lowered adjusting ea

cramer faber the long. >> not sure if we're rising or sinking. talking about rising or sinking, let's look at the broader markets. we get a strong jobs number, 211,000. october revised upward that was a big number. almost 300,000 jobs in october. >> i tell you, that makes me -- >> average over the last three months, 218,000. and of course the overwhelming consensus is that we get a december increase in fed funds rate by 25 basis points. if we got a cold snap, we would be buying retail stocks today. critical downgrade of macy's which was brutal. >> i did. >> can i go back over opec? >> yes. >> oil is not at 35. can we just accept the fact that exactly what happened is exactly what happened? yesterday was a short squeeze. david, we were talking during the break. norfolk southern, people were so wrong. people at home, listen to me. the investment class, the people -- the big hedge fund managers, they're no smarter than you. they don't know more than you. they make a huge number of mistakes. they were wrong to buy norfolk southern. they were wrong to

loess hills has shown over and over again that they are dedicated to computer science," said molly faber, the northwest regional stem manager. "they have it within their entire curriculum. they participate in it weekly, not just one week out of the whole school year." principal beeck said they have not yet decided what they will do with the reward. he said that it will go toward something to help increase the enthusiasm and ability to improve program coding. a morningside business student was recognized this week after winning a national prize in chicago. junior josh doering won a five- thousand dollar prize at the founders u.pitch competition monday night with his agriculture tech startup "seedslide." he was one of 24 college students from around the country to compete after being selected for his youtube entry. doering presented his startup to shark tank cast member daymond john. "while the five-thousand dollars is nice," "i think that's one of the lower things i actually took away from this experience. the connections i made there was really, really nice of just people who want to hel

pandora will go up as they are in and of marketplace and are beginning to try to monetize because before faber focused on the ipo they just wanted more listeners that now have to try to modify the service id hope they are successful in hope they can afford to pay a higher rate. >> talk about those interactive services your point was the label's want to see them succeed because this is how well will be disseminated in the future. be careful what you wish for if we jacked up the rates they will not be as fruitful to do things that are good for members in the future. how do you find that balance? >> one of the complications of this issue, with the compulsory license back in 1995 in the a.d. eight it was clear you have a radio service where they would broadcast music and the interactive services that would pick what you wanted to hear. but pandora it'd just offer a radio service that customize your station it does almost sound interactive and basically you say i like eric clapton or pick your radio station in all the music to your taste and it became a play list and other stations one to a playlis

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

loess hills has shown over and over again that they are dedicated to computer science," said molly faber, the northwest regional stem manager. "they have it within their entire curriculum. they participate in it weekly, not just one week out of the whole school year." principal beeck says they have not decided yet what they will do with the reward. he said that it will go towards something to help increase the enthusiasm and ability to improve program coding. still to come on live at rally against trump. the newest poll showing the controversial candidate surging in popularity. surrounds his plan to temporarily ban muslims from entering the u-s. steve handelsman with the story from washinton. << democrats rallied against donald trump in new york. sot: imam khalid latif, nyu islamic center :04-:08 "if you see bigotry say something. if you see hatred say something." but trump got a warm welcome from the audience of abc's live with kelly and michael, where trump defended a temporary ban on muslims entering the u-s he claimed the arsenal of the san bernardino killers was known by a lot of pe

i'm carl quintanilla with sara eisen, simon hobbs, david faber.mild start to the day after seven consecutive triple digit moves for the dow. up about 27 points. getting some housing data. for that today we turn to eamon javers in washington. >> reporter: existing home sales down 10.5% to 4.76 million. this is a huge miss. the market was expecting down 0.7%. so the question is why is this happening? the national association of realtors says new mortgage document regulations explain a lot of this. they're slowing closings because people are confused about how the documents ought to be filled out. any delay is pushing november closings into december which we might get in the statistics that show up next month. continuing problems with housing affordability and also low inventory causing the problem we saw with this massive miss in new homes -- existing home sales today. median home prices up 6.3% to 220,300. inventories are tight with 2.04 million homes for sale, down 1.9% from a year ago. simon? >> could a major buying opportunity be emerging in the

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

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

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

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

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

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

brendan: that's classic marc faber. matt: this is not new from him.is something that he has been saying periodically over the past decade, by the way. brendan: sooner or later he will be right. matt: like a clock. like a broken clock. when you have someone like marc faber who is respected and has a following saying, things are getting worse, when actually all the data point to just the opposite, that's probably a very positive situation for an investor. you don't like everybody to be going one way. part of his argument is that expansion's diet old age and that's not necessarily true and that is something janet yellen pushed back on in her press conference. they die for reasons, not because of accidents. matt: that is certainly true. we saw that with the onset of the financial crisis. david: what did you find? brendan: i'm looking at this company that makes lingerie. they have a policy where, if you leave, they will write you a for $10,000. it seems like an extraordinary story. if you dig down into the detail, it's a really good piece by , it's agreenf

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

let's welcome mark faber, who joins us by skype. also joining us is frank relage. mark. rates in the u.s. are rising but ever so slowly, and we do expect the same eventually for the u.k. in japan they aren't likely to rise. do you see real risk for default of the developed world? i don't think that the u.s. will continue to increase interest rates. infact, given the weakness the global economy and the d acceleration of growth -- the d ofceleration growth, the fed will cut rates once again. i don't think that rates will go up a lot, and i'd just like to mention that the u.s. treasury in 2016 didn't perform particularly well, but they didn't lose any money, because d market -- the government bond market was relatively steady, so you had a return that was satisfactory, particularly if you measure in euro terms. joe: frank, if you look at debt levels across the developed world, the u.s., the u.k., japan, obviously there are a bunch of charts that go up into the right, but people have been warning about this situation for a long time. the japanese government debt market

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

marc faber as a different read on the decision. he spoke to bloomberg yesterday. >> in 10 years, u.s. treasuries , because oftractive my outlook for a weakening economy. we are already entering a recession in the united states. david: he also predicted stocks would fall next year, but jack moneys advice is to keep in stocks, and what comes to investing, to keep it simple. future.y knows the i'm guessing the economy will slow a little bit. it's been doing reasonably well. i don't see large changes in the growth of -- gross domestic product, for example. probably 3% next year. i don't think a recession is very likely. investors have to understand anything can happen in the economy and the markets in the course of a year, so it is better to that in the long term. betty: speaking of investing, you are clearly a long-term index investor. you recently wrote in a report, three factors that help you predict returns. you talk about looking at starting yields, earnings growth , and speculative returns. how did you come to this formula, why d

betty: we heard marc faber yesterday talking about how treasuries are attractive but not so attractive today. apparently not, he is talking about the prospect of recession, something he has frequently said over the years. today we are seeing the selling of treasuries, the 10-year going to 2.3%. i also wanted to check on the five-year because there was an auction today that drew the lowest demand since 2009. not only are you seeing the selling happening today, low demand in that auction, which is notable. betty: thank you, julie hyman. now let's check in on the first word news with ramy inocencio. new developments for bashar al-assad. russia is the getting closer to letting him compete in presidential elections in 2017. western and russian officials admit u.s. opposition is weakening. the election would follow a transition period starting this january. russia has also agreed that millions of syria to have flee the country could also take part in the vote. it is still rough going for thousands of people trying to return home after the christmas severe wintere weather is causing delays an

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

fa br faber's phone is ringing.e ceo of the company, and david is joining us now with more. breen used to be 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,

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.

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

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

scarlet: that was marc faber, editor and publisher of the doom report, speaking to us earlier this week look at this chart. it shows how half a million bag obs disappeared since the financial crisis. deutsche bank plans to cut 26,000 more positions by 2018, so deutsche bank's bar will get a lot longer. they held employment close to the 2010 p, even as they made -- 2010 peak, even as they made a lot of changes and shied away from admissions to be a global investment banking they might want to sell the retail arm, so that's maybe -- that may be where a lot of job losses will be. total job cuts for the quarter following 52,000 lost jobs in the first nine months of 2015. the first quarter was especially painful for the bankers out there. what else poses a risk to the global economy? you don't want to miss what our s had to say, coming up next. scarlet: i am scarlet fu. "what'd you miss? -- 2015 was a year full of headlines. oil prices tanked to levels not seen since 2004, and the fed raise interest rates for the first time in almost a decade. what does that mean for the new year? we asked o

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

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

. >> 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

before we tackle index investing and predicting returns, marc faber is not the only one calling for all said the same thing. what do you make of that? >> well, they may be right, of course. nobody knows the future. i am guessing the economy will slow down a little bit. it has been doing reasonably well but i don't see large changes in the growth of our gross to mustek product. we will probably run at about 3% next year. i don't think a recession is very likely. investors have to understand that anything can happen in the economy and anything can happen in the market in the course of a year so it's better to bet on the long-term. betty: i know you are all about the long term. at where treasuries are trading now and you look at the returns you have gotten, even if you were an index investor this year, he would have only gotten a 2% return. that seems to signal that something is wrong here. o, i don't think so, we're at a time on the general level of interest rates of nominal interest rates is very low. the general level of real interest rates after inflation adjustment is not that much

loess hills has shown over and over again that they are dedicated to computer science," said molly faber, the northwest regional stem manager. "they have it within their entire curriculum. they participate in it weekly, not just one week out of the whole school year." principal beeck said they haven't decided yet what they will do with the reward. he said that it will go toward something to help increase the enthusiasm and ability to improve program coding. yesteray was a beautiful day to definitely the pick day of the week. but today's not looking to bad either. ben's in next with his forecast. and one boy started an organization to help children who are suffering from cancer. we'll show you what he's doing for them, after << >> << wx timer @ 1:30 we'll see the same mild air today but with a much stronger wind. with a quick-moving frontal boundary this morning, a couple of brief showers might form along it with some short-lived cloud cover. it will exit by this afternoon and resume our sunshine and 50- degree temperatures which will be present for one additional day tomorrow. clouds wil

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

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

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 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.

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