hertz gold plus rewards also offers ereturn-- our fastest way to return your car.note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. ♪ put me in coach, i'm ready to play today ♪ show the put me in, coach ♪ ♪ i'm ready to play it's ♪ look at >> our next trade starts with a pop quiz. here it is. who makes more money, the top four u.s. bank ceos or the infield of the new york yankees? hmm. yankees, bank ceo. for the answer let's bring in dick bove. great to have you with us. an interesting note. give us the answer because i'm sure a lot of people out there will think yankees. >> well, yeah. the infield of the yankees makes $80 million in salaries whereas the four ceos of the four biggest banks in the united states makes 65 million. jamie dimon doesn't even come within a hair of a-rod, and, you know, teixeria is way ahead of john stumpf. the only guy comparable is vikram pandit could maybe slip in against shortstop against derek jeter because they both make about th

hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. yeah, scott. i was just about to use... that's a bunch of ground-up paper, lad! scotts ez seed absorbs and holds water better. it's guaranteed to grow grass anywhere, even if you miss a day of watering. [ scott ] seed your lawn. seed it! i'm an expert on softball. and tea parties. i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. >>> welcome bag back. apple is down from the record intraday and closing highs. the tech sector taking a slump. referbed getti riverbed getting with seven downgrades. also encouraged by t

hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> coca-cola is in talks to buy the energy drink maker monster energy. coca-cola could sell bottling to pay for the potential deal. >> coca-cola said at this time we are not in discussions to acquire the monster beverage corporation. >> quite a roller coaster ride. shares hit an all time high before closing 22% lower than the interday high. they are in the trade. that ramp up is the part of the trade you are in. >> and i wish i would have had the good sense to get short. the news seemed to be compelling reported by dare an rovell. on the dip back down to 72, i was able to buy it and write it back to the upside. did not get short. >> let's move on to the next trade here. we will talk about apple and priceline. actually, i'm sorry. we will talk delta first. that was a tease for the time we will talk about apple and priceline l

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.t note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>shepard: in trayvon martin case the judge stepped down after revealing a potential conflict of interest. a new judge has been assigned to hear the second-degree murder case against george zimmerman the central florida man acting as a neighborhood watchman, he said when police say he shot and killed a 17-year-old boy named trayvon martin. a teenager. he was unarmed. phil keating has been following this story. we learned a lot about the new judge and some could be significant. he is very experienced. in high profile murder cases. phil: attorneys give him a high rating. both defense as well as state attorney giving him a 4.6 out of 5 and is known for being quick on the bench and not allowing either side to dilly-dally. before judge recksiedler recused herself she indicated there were three arguments made by the defense attorney fo

hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> it's back to politics after a holiday weekend. you may have been deciding between your home or the in-laws, ham, lamb or brisket, mitt romney was deciding between his multiple homes and the bigger question. long pants or short? in the end, the republican front-runner braved the chilly waters in short pants. taking in a bit of boogie boarding this weekend near his $12 million la jolla home. yes, the one with its own lobbyist and plans for a car elevator. while mitt was enjoying some down time, his assumer pac support were readying the onslaught. super pac american cross roads founded in part by one karl rove, will begin to unleash its $200 million campaign against the president this month. while the ad blitz is just warming up, the republican rhetoric toward the president is hotter than ever. take republican senator chuck

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.ust note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> let's go to washington. the tax policy debate's getting personal. obama and biden released their 2011 tax returns and then they promptly start bashing mitt romney and calling for him to release his returns all the way back to the 1970s. huh? i don't get it. but the treasury could be making a profit on bailout nation. so let's go to cnbc's john harwood, joins us now with the details. good evening, john. >> good evening, larry. you know, with rick santorum out of this republican race, the obama administration took two steps today to try to advance its interest in the accelerating general election contest with mitt romney. the first was that treasury report you alluded to saying for the first time that the u.s. government expects to make a profit. let me repeat, a profit on the entire range of its bailout activities. that's la

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.te your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >> dick lugar, 35 years in washington, voted for bailouts, tax hikes and obama supreme court justices. >> he's become the only republican candidate in indiana with an f-rating from the nra. >> joining me now is politico's alex burns. dick lugar has a real challenge, and i think the fear that he and others in his camp have right now that is he will suffer the way senator bennett suffered, who got -- he didn't get to the primary because of tea party and club for growth opposition. dick lugar, though, veteran, former foreign relations committee chairman, he's really endangered now and the latest is that he can't even vote in his own senate race because they discovered he doesn't live in indiana. >> andrea, i think republicans are pessimistic about lugar's ability to urn it the primary around when you have had an incumbent that's been ar

hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> economists and market types will be waiting for the jobs report on friday. the economists will be able to blather about it, but no one can trade on it because the markets closed. why such a crucial report out when the market can't react to it? my pal james cramer wants an answer. >> hey larry, let me ask you something. you ever wonder how out of touch this labor department is with modern-day america? it's not the sanctity of an important religious holiday. what makes me make this charge on your show? despite the fact that the stock market is closed, correctly, to allow people to observe good friday, the labor department is choosing to issue the most important statistic it compiles, the payroll and employment report at its regular time, 8:30 at friday as if there is no holiday at all. this number should not be issued on a

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.t note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> every time we've gotten into the low 14s on the virks, i've shorted the s&p 500. if it goes to the low 14s i'll do it again tomorrow. that's our playbook, and we're going to stick with it. >> that was two weeks ago on "fast money." let's take a look at the volatility playbook. what happened? >> so what's interesting. on march the 26th the vix bottomed at 14.26. same day the commodities topped, same day that the russell 2000 topped. so for all of you that are looking at the interconnectedness of this huge rally and people getting sucked in. the best way that you can basically risk manage around that is watching this vix level of 14 to 15. today the vix came down 14%, but guess what? in between then and march the 26th the vix was up 43%. so, again, since 2008 we have seen multiple, and i mean multiple monster rallies in volatil

hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> time to put on the stocktolojist cap. nasdaq stats. there you go. also pretty positive market internals on a day with a little bit of a rally despite the walmart continued woes. >> do stocktologists have to wear rubber gloves? >>> chinese stocks. the sec is finally getting tough on them. how tough are they really getting on them? >> they're getting tougher than they were. look, over the past six months, the sec has revoked the registrations of 34 chinese companies and filed charges against three. the most recent of those charges was sinotech energy which regulators alleged overstated the value of its primary operating asset. the chairman was also charged with secretly siphoning at least $40 million from the company's bank account. this is an interesting one. because allegations were first brought to light last august by t

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> tomorrow we're live 7:00 to 9:30 eastern. special "squawk box" at a special time. markets are on vacation, but we are not. >> welcome back to squawk both. i'm joe kernen along with becky quick and andrew ross sorkin. are there headlines? >> i heard there are. do you want to tell the audience about it? >> no, i want andrew to. >> we're making headlines this morning. among them, bed bath & beyond reporting better than expected fourth quarter earning after the close. revenues came in line, retailers shrugging off gross margin pressure offset by same store sales growth and cost savings. also google is launching is web based digital glasses. you wear them on your head. unveiling a pair of thin wrap around shakes like oakleys. and they put the company's webster advice on your face. >> like if i say google search ryan seacrest, it wil

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.eipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. ♪ ♪ ♪ ♪ >> bob: hi. before i get to my story, i got to say one thing. the last song we had from the move re "footloose." what was it about? i never saw it. >> greg: a guy with an artificial foot that falls off. he runs around yelling foot loose! but nobody helps him because they want to dance. >> eric: okay. on to the news of the day. the california supreme court in an outrageous decision allowed employers off the hook, in california as in most states, not all, mandatory to provide workers with lunch breaks and breaks during the course of the day. the case is do they tell the workers to go on the break or is it up to workers to decide they'll take the break. they decided that the corporation once again probably had the most campaign and once again they can work people to death. to the corporate stooge here. eric? >> kimberly: that is not nice. >> eric: here is what i recommend. workers take a lunch b

hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> kevin ferry joins us from the cme. does this risk off period continue? >> good morning. in-t i think the first thing is yesterday could have been a lot worse. and so i think that not just the fact that the markets were disjunked on an opening base, but the technicals really broke down on friday on some of these charts. and yet yesterday turned out to be kind of a sleepy catch up rebalancing day. so i think that has to be viewed somewhat positively. >> also extremely low volume yesterday. do you think perhaps that picks up? >> it should pick up from where it was. but i think that the low volume story is probably here to say. and so i think that if a general sense, the thing that people will be watching today is the big story coming into this has been, oh, china's going to slow. you look at the numbers last night, still bri

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.ust note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>shepard: a special prosecutor investigating the shotting death of trayvon martin and the special prosecutor will not take the case to the grand jury. now, one person will make the decision of whether to file charges in the case. rather than 15 to 21 on the grand jury. the special prosecutor has a reputation we are told in central florida for not presenting cases before grand juries, sort of standard for her, and she says the announcement does not mean charges will not be filed down the road against the shotter, george zimmerman. he told 9-1-1 he was following someone "suspicious," in the central florida gated community and the dispatcher said they did not need him to do that. minutes later, trayvon martin was dead. the teen's parents accuse zimmerman of targeting their son but the shooter, zimmerman's father, insists it was t

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >> the playoffs on cnbc. >>> falling back below 2%. is this a sign that the flight to safety is alive and well and couple this with gold moving higher as well. you have to wonder that investors are seeking a sort of safety play. >> i am surprised that gold is not up more. the last time that treasuries were here and they are north of where it was. this was a significant move. i don't know if it's a flight to equality or slow down fears, but that's starting to be a big move. i thought the end of the bond rally at the 20 plus year bond rolly was here. there is still more. >> up by about 1%. are we at a period? >> that was an area coming into the halftime and while we were there, we watched all see activity in the goldminers as well as the gld. looking for this to continue to move at about 1230 and moving all of those to the upside. >>

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> i'm sticking with my shallow correction team and with man factorers. fed vice chair is giving an important speech and president obama still hopping on his tax hike and has the nerve to enjoke voek reagan. "the kudlow report" is moments away. >>> all right, no doubt you've heard everyone talking chatter about the decline in nat gas. dated under two bucks today. i think that's a clear play on this. stick around. i'm talking to larry about it tonight's kudlow report. guys, understand, i came out

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. ♪ ♪ >> kimberly: he is a charmer. marion berry, remember him? the former d.c. mayor now a councilman but it doesn't look like he really likes asians. this week he said, "we got to do something about these asians coming in and opening up businesses and dirty shops. they ought to go. we need african-american business people to take their places, too." well, that didn't go over too well. but when asked to clarify, this is what he had to say. >> we are not going to have business people who come in, pool service and dirty facilities taking money out of our community, not contributing to our community at all. that is going to change. >> kimberly: i don't think he will get the press secretary job anytime soon for the white house. >> bob: let me do explaining here. he is a friend of mine and i have been in several rides with marion where he expressed similar vi

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.ust note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >> breaking news on transcanada. they made a proposal for a new route on the pipeline in the state of nebraska. this according to the nebraska department of environmental quality. cnbc confirmed that they are submitting the new route for the keystone pipeline. we will see what happens here. the stock in the after hours session is not doing too much. we will have broader implications for the transport of oil in this country. >> all about worries. >> exactly. they moved the route to east of the original route and that avoids transporting oil. that's the key. >> that are pipeline is getting done. no question about that. >> we will take your word for it. >> let's get the announcement out there. >> anyway. >> looking for under the radar, offshore drilling isf th energy exploration and production. let's bring in shawn reynolds, manag

hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> yesterday they settled at nine basis points. this is a good reason why on certain interest rates, moving percentage moves make 8%. short rates in germany dropped 8%. yesterday was a very important d day. let's look at the boon. yesterday, 164, all-time low yield closed. today it's up about 16 basis pointsarou s around 180. but the basis points -- i think this is very important. david favor was talking about the difference between liquidity and solvency, and that's very important on a day like today, what's also important, you talk about buying -- many will say listen, i know they're low, but maybe they'll stay low. that same move is starting to take over and a lot of the instruments in the euro zone. >> about eight minutes until the bell rings on wall street for what could be a very good day for kramer's mad dash. let's s

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.here ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. ♪ ♪ >> eric: time for one more thing. dana will kick it off. >> dana: this came to me from my wonderful aunt patty sue shuler. he is has a bowling alley called memory lane and she will be here next month. sent me an article about buford, wyoming. only one person lives there. population one. sold for $900,000 to unidentified buyer from vietnam on thursday. 11-minute internet auction. so the guy from vietnam said he wanted to buy it. what is interesting is it's named after civil war union army general buford. when karl rove was here, i said did you hear about that? he said yes, general john buford cavalry commander at gettysburg. only karl rove would have known that. there is a town pray, montana, population 8. on the market $1.8 million. >> eric: ange? >> andrea: there was a video, you may have seen this morning on "fox and friends" but it caught my eye. a little golden ret

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.t note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> we have reached the end of green week. i want to highlight a greatsh did you see helping to -- i'm talking about honeywell. the diverse fitted industrial company. to security gear, special terms, allo parts. when you think green, your mind normally goes to similar companies, but these solution obvious don't amount to much energy at all. but you know what makes a real difference and actually terrence a profit? energy efficiency. >>> plus more gas mileage by 35%, just two days ago, the company announced they're flight testing a new green jet fuel. a biofuel based on an oilseed feedstock. one of the best-run companies i know. they reported a -- 99 cent basis, that rode 7.3%. stock was up above -- and given an excellent return of over 40%, including reinvested dividends. here with us tonight. mr. cody, welcome back. >> what a won

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >> bret: finally tonight, political candidates often go to great lengths to communicate with voters. we have seen mitt romney trying to gender gap. deploying his wife ann to talk to some crowds. but now a new tactic to capture the female vote may be a bit too much. >> so join me, walk together. take another step every day until november 6th. ♪ ♪ [screams] >> bret: i don't know. i don't think it's going to fly. i'm not sure. drop me a tweet at bret baier

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.leage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. wow. this is new. yep. i'm sending the dancing chicken to every store in the franchise to get the word out. that could work. or you could use every door direct mail from the postal service. it'll help you and all your franchisees find the customers that matter most: the ones in the neighborhood. you print it or find a local partner. great. keep it moving honey. honey? that's my wife. wow. there you go. there you go. [ male announcer ] go online to reach every home, every address, every time with every door direct mail. . >>> of course i know everybody is predicting a nasty election, families are off limits, but dogs are fair game. >> fair game, we're back and that was president obama at sat's white house correspondents' dinner. he was talking about the dog on the roof story. and now they seized an excerpt where he said he had dog meat as a chi

hertz gold plus rewards also offers ereturn-- our fastest way to return your car. your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> second as way on "the kudlow report," president viciously attacks paul ryan's budget. we have rye on coming own the show to respond. and the market kind like the fed's minutes, but i did. i think it's actually bullish. and we see another $20 rise in oil prices from boone pickens. we'll tell you why.

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >> i'm a big fan of fast money. my question is on property. i have been a long time holder and i was curious, does it rise as retail rises? thank you. >> that was our first tout. our first tout ever. what's your response? >> congratulations because that stock has been on a tear and with the yield of 2.6 and rates moving away, i would take money off the table. >> it's highly touted? >> speaking of touting, how have you been working on that? >> i don't k wh is. >> ask fast with a hash tag. this is a creative one. we will air them on the show. >> fully clothed please. >> we'll be right back. we always hear about jobs leaving america. here's a chance to create jobs in america. oil sands projects, like kearl, and the keystone pipeline will provide secure and reliable energy to the united states. over the coming years, projects like these could cr

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> time for the final trade. mike? >> it may be early to catch value in the coal stocks, but you can sell options against the loans. >> if you don't own it, grateful dead and into earnings. >> i don't think this sell off is over. i want to lean on small caps. >> karen? >> down today i like groupon put spreads. >> and steve? >> i agree with dan and the sell off has more legs to it. what helps me sleep better at night is mo. it yields over 5% when the market goes down, this hangs in there. >> when you said what helps me sleep better, i thought you were going there.

with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap.our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. my dad and grandfather spent their whole careers here. [ charlie ] we're the heartbeat of this place, the people on the line. we take pride in what we do. when that refrigerator ships out the door, it's us that work out here. [ michael ] we're on the forefront of revitalizing manufacturing. we're proving that it can be done here, and it can be done well. [ ilona ] i came to ge after the plant i was working at closed after 33 years. ge's giving me the chance to start back over. [ cindy ] there's construction workers everywhere. so what does that mean? it means work. it means work for more people. [ brian ] there's a bright future here, and there's a chance to get on the ground floor of something big, something that will bring us back. not only this company, but this country. ♪ >>'s. >> see you. catch. >> wow, thanks, mean joe. >> hey kid. i always say that navigating th

hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> welcome back to "the kudlow report." all this week we're going to be exploring my ten commandments for economic growth. the first one, thou shalt not overregulate. right. overregulation a sure fire job killer. it's like a tax to businesses and the economy. get a load of some of these regs. nine years to come up with regulations on which times of manure can be used for growing organic foods. endless medical coding regs. there are 36 different colds for snake bites, four for alligator bites, even a code for walking into a wall. my goodness. but one more, the obama administration now mandating that so-called service horses be allowed into stores and restaurants nationwide to help the blind. well, okay, i want to talk about that one. my question is whether are we going to stop this overregulation, which damages the economy? l

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.age and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> this afternoon rolling stone magazine has reported that the legendary drama and singer of the band today has died after a long illness in new york. he had battled through dozens of radiation treatments for throat cancer. he had recovered his singing voice and had shows scheduled for this month. but his health recentry took a turn for the worst. we're will he passed away, surrounded by his family and band mates. he was 71 years old. we'll be back. sorry. first we have market wrap. >> hello, market. right now we've got the major averages off the lows for the day. rebounding just a bit but still in negative territory. let's take a look. right now, we're at the dow jones which is down in the neighborhood, there we go. about 81 points. the s&p down about 9. the nasdaq down just under 23 points. and more from martin bashir after these messages. [

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> it is time for the "lightning round" on cramer's "mad money." i don't know the callers or the stocks ahead of time, play until this sound, and then the "lightning round" is over. are you ready? it's time for the "lightning round" on cramer's "mad money." start with matthew in new york. matthew. >> a big carmelo anthony b-b-boo-yah. >> what's up? >> caller: hey, my question is about a stock that i lost my pants on recently. and i know the analysts are really bullish on the stock. it's about devon energy. >> stephanie link, the research director and i must have spent an hour kicking around devon and why we like it. and the answer is sometimes you have to buy poorly acting stocks, it's the chart that's speaking in chesapeake. this company's a buy, worth far more than the stock it's selling for. ira in new jersey, ira. >> ira from

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> april fools, mitt romney. watch this -- >> the next president of the united states -- >> he thinks it's a campaign event with congressman paul ryan and senator ron johnson and the room is empty except for a handful of staffers with their phones up videoing the whole thing. he said it's a moment he won't forget soon. >>> new jersey's governor chris christie is in israel right now for his first overseas trip. his office says the trip is a trade and diplomacy mission. it's raising speculation he's looking to run for national office in the future. >>> south carolina's governor, nikki haley says she would say no to a vice presidential spot. she says she intends to keep her promise to the people of south carolina. >>> the politics of gas prices, the president's super pac is up with this spot defending him -- >> who's behind this ad smearing pr

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.e and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. . >>> one of the most refreshing things that happened today is all the power companies are up. what does this say? it says the retailers did not borrow from april and may, which is what a lot of people were saying, they wanted to sell retailers. and what did i tell you about bed bath & beyond? it was not an am zons showroom. that's why it

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> welcome back. we have about 6 1/2 minutes to the opening bell. positive research note from jpmorgan upgrading at&t. >> one of the reasons why i have propensity to like this stock market is when i hear the fan or yellen saying rates could say low for the foresee only future, i come back to a very stable name like this that gives and you good yield. but the point of the pieces, maybe it's a housing play. expectations low for the wire line loss. this is the kind of company that people can own these days, not trade. >> that's true. although if you're looking for growth, real growth, it will be somewhat harder to come by. we look at margin, at&t's are not merely as good as verizon's, but a lot of this seems to be predicated on average use per mover. using more data as you have your ipad, as you have your iphone 4s, will we see it. >

hertz gold plus rewards also offers ereturn-- our fastest way to return your car. just note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. ♪ >>> fee frenzy in the skies. this story will get your blood boiling. passengers will be charged 35 bucks for stowing things in overhead bins. that brings us to today's "squawk on the tweet." in an ideal world, what would you fine the airlines for if you could? tweet us. we've got your responses throughout the morning. this is just outrageous. >> nickel and diming that's going on. some people may prefer to pay for every little thing. but when you come on an airline, and you have to pay for the tv and for the -- >> it's punitive. where's the train when you need it? >> yeah. >> it would be one thing if you saw fares come down in reaction to more fees. the exact opposite is happening. i'd charge them for turbulence. every two feet of turbulence, you pay me. >>> there's a stock on cramer's mind worthy of your attention. we'll te

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.p ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> time for the nation quut gut check. tupac brought back to life to perform at a concert with snoop dogg and dr. j. 15 years after his death, he took the staining to close out the coachella music festival in california. the realistic holo gram, he said hello to the people he was on stage with and even the audience. take a listen. >> you know what this is. what [ bleep ]? >> you hear him say what's up? the first coachella music festival happened three years after his death. the hologram is believed to be the work of a british company. i'm sure we'll learn which one. who would not want to take credit for that? was it innovative or over the top? go to facebook.com/newsnation to cast your vote. that does it for this edition of "news nation." i'm tameron hall. the first time we've ever ended with tupac. that's a first. tomorrow i'll talk with the star of nur

with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap.easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> joining me right now is steve forbes. chairman and ceo and editor in chief of forbes magazine. >>> we put a chart together of the relative performance. every time the market was in the dumps, fed came out with qe or qe2, operation twist and immediately everything started trading up. are we getting qe3 and that would help the market? why is that bad if the fed helped the mark snets. >> it is like having a drink with a headache. it might leave you feeling better at first but will still leave you with hang over. t stock market has really gone nowhere, 14 years. hello. short term fix, not good for the economy. >> how are they hurting the economy? >> they distort the credit market. first put an em emphasis on tangible things. >> gold. >> gold, oil and the like. commodities go up. we saw this in the '70s. sending private capital outside the u.s. we know it is determined by future income

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.note your mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> on a day when the market got obliterated, you have to circle the wagons over the stocks that you believe in. i know you don't want to hear anything constructive. i could say be careful. i could say we could go down a lot more. i've been telling you all week, growth has come back in style in 2012, although it can be really hard in the midst of a massive sell-off. i'm talking about turbocharged secular sell-offs. even in the global economy is in lousy shape, as some people think, so many good things going for them individually as companies. these are the stocks that you need to circle the wagons around. stocks like apple and starbucks, when the sell-off does that, and they all do, high growth names will be the first stocks to rebound and they'll bounce back harder than any other group. i'm highlighting new names every week into t

hertz gold plus rewards also offers ereturn-- our fastest way to return your car.r mileage and zap ! you're outta there ! we'll e-mail your receipt in a flash, too. it's just another way you'll be traveling at the speed of hertz. >>> as we reported, barnes & noble and microsoft announcing a extra teenlg and i can partnership involving the nook. joining us exclusively with more of the details,morning, appreci being here. >> thank you for having me. >> so this is very big news. we were dry to go di trying to some. you're splitting off the college and nook business, microsoft investing in that and then the bricks and mortar remain. how are you thinking about the different valuations? i know in the press release you suggest that the nook business, college business, that's worth $1.7 billion if you extrapolate out the 300 million that microsoft has invested. but then how do you value the bricks and mortar business? >> we place a substantial value on the brick and who are tar business. if you look at how it's performed this year, we are growing revenues. we've salted we'