hewlett-packard. hewlett-packard is the only stock in the dow that is actually down from the dark days four years ago when the dow traded more than 50% lower than where it is right now. lost an astounding 21% since the dow hit the bottom in the great recession, 18% with the reinvested dividends. this is a tough one. i racked my brains on this one. talk about it all the time with david faber. you're betting here that ceo meg whitman can pretty much pull off a miracle, a wholesale reinvention of a company that has been brought down by horrendous mismanagement and horrible acquisitions before her all stewarded by perhaps the worst board of directors in the world. but all of that said a couple of decades ago, ibm too looked like a goner and it was turned around. it could happen to hewlett-packard too. i don't want to own hewlett-packard here, it's run up 40% since the year began and we're in february. here's the bottom line, we've rallied huge off the bottom as the dow attempts to scale an all-time high,

in the event that hewlett-packard considers going forward with the breakup of the company is that one of the calls might be to silver lake partners to essentially merge together the consumer p.c. businesses for both hewlett and dell. obviously, there are a number of steps that have to be gone through, but this is one possibility that investors might wish to consider going forward. >> susie: that would be a very interesting development on all of this. speaking of investors, they're trying to assess hugh are going to be winners in all of the players. let's pull up some of these stock charts as we're talkin dell, whether they should be investing andbuying into dell. what about hewlett-packard. there is microsoft, one of the biggest financial backers in this deal. and then, of course, apple. how do you vote? where should you put your money? >> certainly in the backdrop, apple has got to be the clear winner from all of this. certainly the up-shot from all of these moves by management, both at dell and hewlett-packard, is that they're not clearly wedded to the p.c. business. if you're a cus

in the event that hewlett-packard considers going forward with the breakup of the company is that one of the calls might be to silver lake partners to essentially merge together the consumer p.c. businesses for both hewlett and dell. obviously, there are a number of steps that have to be gone through but this is one possibility that investors might wish to consider going forward. >> susie: that would be a very interesting development on all of this. speaking of investors they're trying to assess hugh are going to be winners in all of the players. let's pull up some of these stock charts as we're talking. dell, whether they should be investing and buying into dell. what about hewlett-packard. there is microsoft, one of the biggest financial backers in this deal. and then, of course, apple. how do you vote? where should you put your money? >> certainly in the backdrop, apple has got to be the clear winner from all of this. certainly the up-shot from all of these moves by management, both at dell and hewlett-packard, is that they're not clearly wedded to the p.c. business. if you're a cu

. >> susie: i want to ask you about hewlett-packard, because the statement that came out of hewlett-packard, let's pull it up. they said dell has a very tough road ahead. we believe dell's costumers will be eager to alternatives, and h.p. plans to take full advantage of that opportunity. you know what they say about people in glass houses. late today the board came out and said that hewlett-packard is considering breaking itself up. does hewlett-packard stand to gain something in all of this? >> certainly hewlett-packard is talking out of both sides of its mouth. in the event that hewlett-packard considers going forward with the breakup of the company is that one of the calls might be to silver lake partners to essentially merge together the consumer p.c. businesses for both hewlett and dell. obviously, there are a number of steps that have to be gone through, but this is one possibility that investors might wish to consider going forward. >> susie: that would be a very interesting development on all of this. speaking of investors, they're trying to assess hugh are going to be winners in al

hewlett-packard moving up going into the close. it's true, hewlett is a heavily shorted stock and true maybe some people were very optimistic. still, that's quite a move to the upside for hewlett. can you see it's trading up nicely, in fact, up about $1 in after-hours trading. >> thanks, bob. stan druckenmiller telling me sequestration is a joke when it comes to our budget problems, so why is the white house saying so many bad things will happen to americans if the spending cuts take effect. live to washington for the latest on that, and then harvard business school professor robert porter says reforming the tax code is a top priority. is anyone in washington listening? plus, thumbs down on paris. a u.s. executive blaming the french government for fueling laziness among french workers. he's warning that the u.s. government isn't doing much better. wait until you hear this argument. stay with us. how do you keep an older car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring

we have hewlett-packard, a huge winner in the, leading the dow. >> hewlett-packard really surprised everybody, sandra. ran away with the dow jones industrials. hewlett-packard soared on a great quarter and great outlook which surprised everybody. obviously a testment to the fairly new ceo, meg whitman. david:. also a testament to david donatelli, the executive vice president came out with the new server the size of a small book. even smaller than larry shover's book. getting bad news out of europe on the weight-loss drug. this company is behind the weight-loss drug. >> this particular drug was approved here back in july 2012. second time not approved in europe. concerns about side-effects. now they will have to do more cardiovascular trials to try to get this thing restored. sandra: network automation, this is, sorry, network automation company, the name of it, inflow blocks definitely caught our eye. it is soaring up three bucks. david: wow. >> when you see something up 18% they did something right. david: jcpenney to the up side. a lot of questions about retailers. jcpenney getting a 4% pop

hewlett-packard, josh lipton. >> check out hewlett-packard which is popping here at the close, up 2.6%n good volume. of course, hewlett-packard getting ready to report quarterly earnings. the street looking for 71 cents on sales of 27.79 billion. traders saying a lot of short covering, remember, in this name. maybe some people betting that they will report here, surprise positively, not quite sure, but we'll stick around here, bill and get you more information as we get it. >> all right. thank you. bob, has to be something of a victory for the bulls today, huh? >> endless speculation about e hewlett, breaking up some of the business, staying with enterprise and it's endless, the speculation. let me talk about the rally. first off, how strange things are. the vix just collapsed. last few days, volatility is up and people are out buying protection. 2:30 the vix collapsed and less demand for puts that are out there. don't ask me why, it's collapsed, and when that happened it set off a sequence of events. buying occurs in the e-mini futures and the spiders. that's where the daily and profe

ceo of hewlett-packard. back to you. >> the exclusive with the ceo of hewlett-packard.res rising in the pre-markets trade. we should note that even though you're skeptical of the results in place right now, oi may be in place, ubs out with an upgrade. >> i think when you listen to the interview, what she's saying, listen, we're not just a personal computer company. i take that at face value. but i don't really know what happened to their terrific consulting business. that's got to come back a little. i did like this notion of enterprise, and we haven't lost our innovation. i think if you listen to that interview, you say, it ain't as bad as we thought. >> is that enough to be in the stock? i mean, if you had hp shares and you saw a 5% premarket, would your inclination be to hold on to the shares, but it could be a multi-quarter, multi-year, would you sell? >> no. the dell deal is in mind. she may say not break up. but there's always the possibility here that things get a little bit better in europe. this would turn. this company has not lost its entire basis business. >

nicole: hewlett-packard is a stellar performer today.t is a member of the dow. it is the best performer on the dow. it is up about 10% today. they were under a lot of pressure, not only last year, but the last couple of years. meg whitman has taken over the reins. there has been a five-year turnaround. we are also seeing here that hewlett-packard is saying they have no plans to break up the company. earnings were down, but the profit did actually beat the street. you know that hp is obviously on the road to doing better things. a guided that they are saved from hewlett-packard is conservative. ubs upgraded from a neutral to a buy. citigroup seems to be the one that is a little more cautious. back to you. sandra: thank you very much, no call. proposing a long-term fix to the 787. minor. peter barnes joins us now. peter: the company has been testing the new design. they want to test new flights. it is just how much testing the government will demand to make sure any new design is safe? the faa plans to deliver a statement today after it me

he's suing hewlett packard and palm. >> these guys made an app. >> you can tell somebody's penis size by their shoe size. >> there is some sort of equation in there that can tell you how big a guy's penis is. >> but they are calling it the chubby checker. >> not like chubby checker. >> so i asked josh to do something for the website when we posted the story to give us some kind of art. >> you said make chubby checker into a penis. >> he put a urethra in his hair. >> it's the details that make it. >> or make chubby checker a penis or something like that. >> i didn't say put him in the zipper. >> why is he only 3 inches. >> you think he was pissed at hewlett packard. wait till he sees that. >> coming up -- chris brown is getting heckled by some guy on the street and this guy is laying into him. >> he's like all over this car. >> nobody ever touch it is car. >> he's touching him with his words which his words are harsh. >> plus jason on bedford. one of my favorite porn stars does not sleep with black talent. >> suppose there is a white woman who decides her thinger t only to sleep with b

one of the earnings reports that brought buyers out was hewlett- packard. it's latest quarter was stronger than expected and last night c.e.o. meg whitman said she felt good about the rest of the year. shares responded with a 12.3% rally. volume was very heavy, more than five times average. the buying takes h.p.q. shares to their highest price since august. hewlett-packard's optimism helped a couple of other big technology firms counting on the computer market. intel was up 0.8%. microsoft gained 1%. semiconductor texas instruments, also got a boost thanks to raising its quarterly dividend, and increasing its stock buyback plan. shares rose by 5.2%, to finish just below a 52 week high. the other earnings report traders pointed to as encouraging was from a.i.g. except for the impact of super- storm sandy on its property- casualty operations, business was better than expected. the quarter marked that last period the u.s. government held a stake in a.i.g., stemming from its bailout. shares rebounded 3.1% on heavy volume. teen retailer abercrombie and fitch got

hewlett-packard reports its latest quarterly earnings tomorrow after the closing bell.independent energy companies devon and anadarko updated their shareholders on their strategies, but both were greeted with selling. anadao eupeoltrm was down 4.5%.ol it's energy production outlook was less than expected while it's forecast for capital ngspendi was more than anticipated. it expects to be among the most active deepwater drillers this year. devon energy fell 6.6% after saying it may try again to spin off its pipeline and processing businesses.en it tried that six years ago but stopped after the economy weakened. four of the five most actively traded exchange traded products were lower. the s&p 500 volatility note jumped 8.6%. it usually moves in the opposite direction of the broad market. and that's tonight's "market focus." >> susie: whether it's facebook, instagram, or pinterest, there always seems to be a hot start- up in the tech pipeline. but as tonight's commentator explains the next big tech company might not be as "original" as you think. he's harry lin, executive

we're not ready to do anything on hewlett-packard.omething that we monitor, but we do think that they've got a lot more problems to get through, where we thought dell, it was more a question of timing and changing the market perception. >> all right. david, thanks for your time. >> thanks a lot. >> david katz. >>> before we go to break, we want to look at the dow heat map. a sea of green across the board. big reversal from yesterday's losses. in fact, we are maybe seven or eight points from recovery, from everything we lost yesterday, which was, of course, the first triple-digit decline of the year. >> the justice department filing civil charges overnight against standard & poor's, and it's all tied to bond ratings and the financial crisis. we'll address the doj suit right after the break, in a cnbc exclusive. >>> we should note, tune in tomorrow, 11:30 a.m. eastern time, with ron johnson on the anniversary of the beginning of jcpenney's transformation. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the w

he suing hewlett packard and palm. >> these guys de an app. >> you can tell somedy's penis si by their sh size. >> the is someort equation in there that canell you how g a guy's penis is. >> but they are callinit the chubby checker. notike chubby check. >> so i asked jo to do something for the website when we posted the story to give us some kind of art. >> you said make chuy checker into a penis. >> he t a urethra in his hair >> it's the details that make it. >> or make chubby checker a penis or something like that. >> i didn't say put him in the zipper. >> why is he only 3 inches. >> you think he was pissedt hewlett packard. wait till he sees at. [laughter] >> tony hawk, in the flesh, the n, the myth, theegend. >> all three, behold the obi-wan of skateboardingtonyaw has taken on new apprentice, he has, theid who did this. the rce is strong with this e. >> you tweeted this video of adam miller. >> basically, it's a back flip fromkateard skateboard down a set of stairs. >> easily one ofhe coost tricks you've seen in a long time. >> not too many pele can do anything le that. i've ner se

action in hewlett-packard.highlight for viewers and that we have flagged for regulators yesterday as we headed into the close. we suddenly saw that stock pop, and that move on solid volume. volume really picking up in the final hour of trading. now, this was before hp reported quarterly earnings. jon najarian, options monster co-founder reported we saw heavy volatility in the options and then the stocks surged higher and rocketed up. the pc-maker reporting better than expected quarterly results and forecasts. najarian said somebody thought there would be a bullish report or somebody knew there would be a bullish report. cnbc has contacted the s.e.c., alerted them to the action. their response, no comment. bill, maria, we'll keep you posted. >> all right. thank you, josh. an expert on what happens when there are suspicious market movements with us next. >> harvey pitt, the former chairman of the securities and exchange commission. mr. chairman, good to see you again. welcome back, harvey. >> thank you, good to b

breakup rumors or not, is hewlett-packard better off broken up?e question to be asked. >> really is. former hp chief carly fiorina is here with her thoughts. thanks for joining us. >> great to be with you both. >> what do you think and where do you stand on this? had this been a bit of a discussion point when you were at the helm? >> well, look, i've always come down on the side of saying that hm is more powerful, more valuable together, but certainly i've also said, and i think i said it on your show, maria, just a couple months ago, that hp is at a point where the board should be considering every strategic alternative. yes, we considered that alternative when i was at the helm because it's the responsible thing for a board to do. >> why didn't you go that route? why didn't you go that route? >> got so much synergy out of our supply chain, so much synergy out of our customer relationships, the pc business as jon pointed out is a great cash flow generating business and we got a lot of synergy out of our r & d efforts, but, however, the times have

he's suing hewlett packard and palm. >> these guys made an app. >> you can tell somebody's penis size by their shoe size. >> there is some sort of equation in there that can tell you how big a guy's penis is. >> but they are calling it the chubby checker. >> not like chubby checker. >> so i asked josh to do something for the website when we posted the story to give us some kind of art. >> you said make chubby checker into a penis. >> he put a urethra in his hair. >> it's the details that make it. >> or make chubby checker a penis or something like that. >> i didn't say put him in the zipper. >> why is he only 3 inches. >> you think he was pissed at hewlett packard. wait till he sees that. >> coming up -- chris brown is getting heckled by some guy on the street and this guy is laying into him. >> he's like all over this car. >> nobody ever touchars does not sleep with black talent. >> suppose there is a white woman who decides her thinghing only to sleep with black guys. >> i love her whoever she is. >> coming up, rick and kathy hilton. >> what is the crappiest hilton? >> he goes the o

hewlett-packard, out with the earnings last night. somebody apparently got wind of it. big volume, big spike before the report, but it continues today. up another 12%. when it was up 15.9%, that was the best day that hewlett-packard's had intraday percentage-wise since november 6, 2001. big day for hewlett-packard and it's a dow component and it pushed the markets higher. the dow needs to be up 101 points to finish the week positive and so far it looks like that will happen. up 108 right now. the s&p needs to be up 17.35 points. i'm sorry. did reverse. it looks like we won't do that. needs to be up 17-plus points to be positive for the week. doesn't look like that's going to happen. go to the nasdaq even though i went out of order. needed to be up 60 points to be positive for the week, not going to happen. up 20% and what do you make of this comeback? >> easy money will help the market any day. >> are we too complacent on buying? >> i'll tell you, the way the fed is running the money this has a long way to run. >> this is the fed. >> the news out of europe, the stronger

. >> hewlett-packard snubbing microsoft for google. it's microsoft versus google coming up. >>> then we focus on hacking. is it a bigger threat than we now know? companies could be getting hacked more than they report. eamon javers talks us live to a security conference led by the firm rsa. we'll talk to the executive chairman in a minute. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ >>> now, today's market turnaround would not have been a surprise to you if you had been listening to our michelle caruso-cabrera. something she's told me often. she's in rome tonight which of course is ground zero for today's selloff. michelle, what is going on with this squeaker of an election? >> yeah. squeaker is right. the u.s. markets were rallying t

hewlett-packard giving investors a reason to light tech.rise in the stock after hours. which tech stocks could be the next big mover? daniel ernst, principal at hudson square research joins us in our what's working segment. so what's working, dan? do you like hewlett pack art? >> well i mean, let's take a step back at what's happening in earnings. you know, for this period. you know, a lot of new tech continues to grow and old tech continues to shrink. so, apple had revenues up 18% year over year. hp last night reported earnings or revenues down 6% year over year. and they're continuing to forecast, continued slowdown in their business. but yet, apple is down 15% to 16% and hp is up 20%. there's a lot of that disparity in the market. blackberry is up 17% year-to-date, and samsung is down 3%. so i think that the fundamentals will converge back to reality. i don't think that samsung is going to grow slower over the next five years than blackberry. they've built a great platform. i don't think that hp is going to grow faster than apple. and so

hewlett packard's earnings beat forecasts. david faber has more on hp's results. >> i'm david faber at hewlett packard's headquarters where the hobbled giant has reported a better than expected first fiscal quarter of 2013. revenues declining a bit less than anticipated by the analysts that followed it. hewlett packard reported 28.4 billion in revenues and produced earnings per share of 82 cents a share. it also produced cash flow of 2.6 billion and free cash flow of $2.1 billion. again, more than had been anticipated, allowing it to reduce its net debt to 4.7 billion dollars. among the its bright spots, the printing business where it was able to pick up margin doing better with higher end customers than had been anticipated. >>> ender surprise group, enterprise services coming in better than had been anticipated by the analysts who follow the company, again, contributing to that better than expected bottom line. the company also point to go a better than expected second quarter, but has not changed its overall guidance for th

earnings after the close came in from hewlett packard. aig turned in a loss due to superstorm sandy. hpq shares shot up 6% last night on better-than-expected news. and today, the midwest is digging out from winter weather as the northeast prepares for the next round. tim mulholland of china-america capital joins us now following earnings from aig and hewlett- packard. what kind of cues will that give to traders today? > > you know, i think as far as beating estimates goes, and surprise, this certainly served as a good undertone yesterday when the market closed, so perhaps a little positive. both what the market is looking at right now is perhaps the onset of what some think is a long overdue correction, or a pause in this bull run. > what about the big drop in oil we saw this week? what do you make of that? > > oil has rallied a lot. it has backed off, as all commodities did. the mere mention of the fed removing the punch bowl, or should i say keg- [angie laughs -causes reverberations across the globe. you saw it in asia, you saw it in co

stuart: hewlett-packard, remember them?les are down in the first quarter but look at that. restock is up 8%. come back time for h p. and garden restaurants, owners of the olive garden and red lobster, high gas prices and high payroll taxes are hurting their bottom line but they still expect sales growth so the stock is up 2%. the winter storm that walloped central plains is winding down but the midwest is still getting hit with a foot of snow in some places. businesses in some places close, the northeast isn't in the clear entirely. winter mix of snow and rain headed here this weekend. the wall lawyer who is heading a class-action lawsuit against carnival. does he have a place? [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one rean over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with c

shibani: that was a big surprise out of hewlett-packard. thank you, nicole. ashley: energy traders catching their breath after a wild weekend, or week, i should say. hovering near a new 2013 low. let's head to the cme. fail, you could argue that oil is coming up slightly today and that is more in line with the fundamentals. >> yes. i think pricewise we are getting closer to the fundamentals. i still think about that 92-98 is where it should be. i really attribute that to the dow being up 100. otherwise, crude oil prices, down 3%. their reasoning behind that is the u.s. oil production. we are up 376 million in total inventory. that is 10% higher than where we were one year ago today. dependence on opec, dependent on nigeria. i still think route oil prices slide a little bit more. ashley: very interesting. thank you so much. shibani: the s&p 500 is up more than 5% in the 2013 year. we are recovering, but have stocks hit their ceiling? our next guest causes a fake market rally. a little bit of a head fake. i know you have not been a believer. it seems that two d

if you bring hewlett-packard, the last i looked at public holdings, that was a good position. i don't think the stock goes higher without competing. >> if you bought the stock, right, somebody watching the show, probably more than one has held dell some time. maybe they bought it five or ten years ago. they sat and watched the stock go down and now dell wants to take the company private at that price. >> sold with both hands. >> in the past, it's not where you've got it where the market revalues security on fundamentals right now. >> for the guy riding the stock down. >> you're an angry person if you invested with michael dell other than your 2% dividend he hasn't ne a for you but the last six months. you'd ride this thing into the ground if you're one of those folks. that's not what you want to do with your investments, cut the loss and move hon. it will come back but a year or three years down the line. >>> coming back, precious metal play, not gold or silver. >>> one year after jcpenney ron johnson explained his turnaround strategy, shares are still down. is there any reaso

don't forget, our exclusive interview with meg whitman of hewlett-packard. back here again for more "options action" and "money in motion." mad money starts right now. i'm my world. you need to get in the game. stearns is going to go out of business, they're nuts, they know nothing. i always like to say there is a bull market somewhere. "mad money," you can't afford to miss it hey, i'm cramer. welcome to "mad money," welcome to cramerica. my job is not just to entertain, but to educate. call me at 1-800-743-cnbc. how quickly can things turn? how quickly from good to bad? can they turn from the dime? from the economy from smoking hot to ice cold overnight. can we go from thinking we are working our way out of a long-term jam to game over? the buzzer, that's what was swirling through everybody's heads today. the market got whacked again. we did have a bit of a late-day comeback. the dow sang nearly 47 points. and don't forget, yesterday the worst day of the s & p for the day. today, down another 1.04%. the speed things got negatively is breath taking, too brea

hewlett-packard's turnaround gains traction, c.e.o. meg whitman in with a winning quarter and an improved outlook. >> tom: i'm tom hudson. from weakening demand, to currency concerns, we look at what's behind the big selloff in commodities. >> susie: and u.s. companies and infrastructure are increasing under the threat of cyber attack. we look at a new plan tying safeguards to trade policy. >> tom: that and more tonight on "n.b.r."! >> susie: on the comeback trail, hewlett packard posting better than expected first quarter results tonight, as a wide- ranging revamp of the struggling computer maker takes hold. and its shares take flight, rising over 6% in after hours trading. h.p. earned $0.82 a share, $0.11 better than wall street had anticipated. and revenues, while down at $28.4 billion, also beat the street. c.e.o. meg whitman has been on the job 17 months, speaking with investors today, whitman said she felt good about the rest of the year, and that last year's hard work was paying off for h.p. but, analysts say h.p. is not out of

but i like hewlett-packard. subsequently, wrote up 8.8 billion. i like the position this is falling from grace and right now they are like the t rex out there. they got their swagger back. they are talking smack on the streets. maybe eat up dell customers. i think hewlett-packard, just under 17. looking for pull back down to 15. the way do get long for 2013. >> it is interesting, jsh, because of nokia -- i have an iphone, i have used the phone extensively, i was given a demo of the nokia and i say it is the best of the phones. once you get used to the tiles, fantastic phones. but do you think think can pull it off? they are coming from an element nonexistent market share. >> just here, just in north america, around the world a pretty big entity. here is is the wild card in the nokia situation -- microsoft has a lot at stake to prove they matter in mobile. the launch of the surface is not going to get the job done. but they do have a royalty red share agreement with nokia whereby the company promotes each other's product. so nokia's lumia will run

the traders take their positions on hewlett-packard. and hedge fund favorite, is it really a new era for aig? two traders, one battleground stock in a "halftime" debate. >>> what correction? stocks bouncing back today, are the fed fears overblown? we trade all the big movers today with pete and jon najarian, stephen weiss and joe terranova. pete, that's it? correction's over -- >> i'm not sure that it's over. i think what we've got to make out of this, we had a put of a pullback. you almost expect a pause when you look at what's happening. you look at financials. they did not get beat up the last couple of days. they've traded off a little bit. there was a bit of a pause. but when you look at what's performing today, it's the financials, the industrials. all the names we've been talking about for a long time. i think that volatility, a huge move in just a couple of days when you look back to tuesday, we were trading 1,230. and now up to 15. folks scrambling to get that protection. but i don't think it's long term. i think that was just

still ahead on "street signs," hewlett-packard ceo meg whitman takes a direct hit at dell.he battle straight ahead. >>> plus, wine to the rescue. how napa valley is keeping america in grapes. >>> companies getting hacked, is this just the tip of the iceberg? we will dig in on that, ahead. ♪ ♪ [ male announcer ] what's the point of an epa estimated 42 miles per gallon if the miles aren't interesting? the lexus ct hybrid. this is the pursuit of perfection. the lexus ct hybrid. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> uncertainty makes it hard tore people to want it buy from you. they are making long-term bets. when dell goes with debt into the books that creates uncertainty around customer support, future product road maps. so we will use this radov to ou advantage and go after dell's customers.

there is the opening bell, and hewlett packard also another stock to watch this morning, we are justt up right there, decent news this morning for hewlett packard, first quarter earnings 71 cents per share and we have a lot of stock news and business news coming up. >>> well, we will smile, say good morning to you february 21st. i am dave clark. >> and i am pam cook. some consumer alerts some seafood lovers are getting ripped off and tara moriarty is at fisherman's wharf this morning and there is something going on fishy about miss labeled, fish, tara? >> reporter: they say you are not getting what you paid for and one out of three times you are getting a lower grade fish. they performed genetic testing from nearly 700 retail outlets, grocery stores restaurants throughout the united states through 2012 and they found 40% of the fish bought in northern california was not what it was reported to be. they found miss labeling in 21 states the study was conducted. san jose and los angeles were among the offenders and they did not reveal where the seafood was sold and restaurants were the

. >>> back to the real world where hewlett-packard is following in apple's footsteps and posing new limits on the students and temporary workers in their china factory. >>> and bank of america got in on this, winter storm. >>> and the blue brew is bringing it back to the singer aisle with justin timber lack. >>> and if david beckham hasn't claimed he did all the stunts for his new h & m underwear commercial, we wouldn't have to show it to you. but he did say he liked getting to do all the stunts. he said bloggers have been poring over the 30-second spot. and the verdict is becs did include use a body double. >>> check this out. a two-lane plow. plus, no snowstorm can stop the madness of the most pampered and primped pooches on the planet. the dog show comes to new york. you're watching "early today." >>> welcome back. >>> now to some other stories that caught our eye this morning. we start in florida where a 70-year-old woman lost control of her suv and plowed through a restaurant window just as it was getting ready to open. a very agile bartender inside was able to leap out of the way and

instead, there was hewlett-packard, the first-grade interview last week. europe is not falling apart. it's just slow growth. china didn't even produce good numbers overnight. it's still not that bad. i think we're setting into the idea that the sequester is a larry kudrow bit. sa saying it's small and good for the economy. larry's got the bead on this, as he always does. he knows more about the budget than anybody i've ever met. >> it is dangerous and difficult to be short this market, right? last week we had some big calls. dennis gartman saying going all cash, now people in the network saying now is the time to get out of stocks. they've been proven to be wrong in the near term once again. even if it's a slow march, it still continues to move higher, despite a couple of down days here and there. >> they do hope, just like the bulls hope, is that bernanke blows it somehow tomorrow at 10:00. and that today is just kind of a breather from the down side. i don't know, bernanke's pretty seasoned when he's on the hill. he tends not to -- >> he doesn't blow it.