i have been a fan of the home depot since the 1980s. place that has been so well managed that i think its stock is an excellent buy. tomorrow, one of the reasons home pdepot hereby help and as a avid gardner, i am a devotee of home depot last year, my annual pilgrimage to my home depot, i decided to take a peek at lowe's. in january investors, company added new board members. i think this company will do whatever necessary to regain the grounds lost to home depot lowe's home depot is attractive too, down 25 points from recent peak. home depot has 7.5% burk these guys have 4% they have terrific appliance sales not to mention good online initiative and they have pride which will spur them to deliver better numbers going forward this morning tjx put together a strong quarter wall street is looking for half that stock surge over five bucks. if low's can follow, both the company and the store, but in terms of their stocks, right now, i got to tell you, after today's session, stock of lowe's, too good to ignore stick with cramer. i think we sh

home depot you can equate to the u.s. economy. buying and redoing homes, that's the home depot story. visa, consumer spending and amex, american express, intel, the rough story is walmart, that's the consumer. i want to bring in charles payne into all of this. we're talking about this early, charles, i think you're on this page. when you see a sell-off like, this a lot of smart investors look for buying opportunities in moments like this? >> you are absolutely right. over the last 20 or so years, my own subscribers, they get better and better when these things happen calling and saying what do we buy rather than sell everything and head for the hills. no doubt about that. and this sell-off is intriguing today because there were pockets in enormous strength and optimism we saw the semiconductors going extraordinarily well, lam research, micron, you talked about home depot. it is a proxy for the u.s. economy but another one of these companies that's doing extraordinarily well. one of the keys and the reason it's done so well, pricin

home depot's results last week, and we look at these results, they're messier than home depot.here's an activist investor now in lowe's. it seems that activist investor is having an impact on the company. this may reflect lowe's taking a much more aggressive tact towards investment and repositioning the company. >> interesting is this as simple as a market share story, they're willing to sacrifice profitability to try to compete with home depot or they spent so much money trying to refurbish stores? what are they spending money on? computer systems what did they need to do >> inventory >> envinventory, stocking? >> digging through results, gross margin down 70 basis points i'm guessing a bit here, but there could be something with regard to distribution or store level issues >> i think they mentioned inventory in their release that's one thing they would be working on >> is their internet strategy effective? they're building that out without having orders to justify the expense. is there anything to that. >> i don't know. it's early to worry about that because online sales are

and meanwhile tesla's announced that they will partner with home depot to sell their solar roof panels and home storage batteries directly to consumers the roof panels are designed to resemble a normal roof while the battery call the power wall is designed to store the charge from the panels to power at home when the sun goes down tesla says a battery can also prevent an interruption of power to your home in case of an outage home depot is the largest home improvement outlet in the country with over eight hundred locations at first tesla employees will be in home depot stores that display booze or will be taken directly by home depot staff and after the initial promotion the solar panels and batteries will be in regular home depot. inventory. here to discuss solar energy and the sort industry is nick campanella the c.e.o. of sun pacific nick thank you for being here i mean what is the general state of the u.s. solar energy sector right now and how's it doing compared to smaller companies internationally great thanks for having me the u.s. solar jamey so you energy sector right now with

this is the sixth straight quarter that home depot beaten sales. cally housing starts at best in year or two years and home builders one year high in home building going out. this is an interesting story that's happening with homing -- home depot, it's about the economic growth and wages going up. >> it's also, we were talking about the amazon effect, the amazon effect, home depot has proven that they are immune -- ashley: lucky them. >> immune because of the way they service customers and the fact that a lot of what people buy at home depot does not translate very well to the internet. when i walk into home depot i generally don't know what i want. somebody helps me and i walk out. incredible -- ashley: all right, jeff, thank you. let's go to florida shooting now. let's bring in congressman carlos curbello, republican from florida. thank you for joining us, give me a realistic response, if you can to the shooting, what can you and your colleagues in congress do to prevent something like this from ever happening again? >> thank you, ashley, and good

walmart and home depot will be reporting on tuesday —— big week for.ngs tomorrow and we will see if it can build on last quarter's earnings results —— home depot. in australia qantas are due to release their earnings numbers this week. earlier i spoke tojune numbers this week. earlier i spoke to june from tribeca investment partners in sydney and i asked her if qantas would have strong results despite stiff competition and rising oil prices. i think the company will deliver a good result in that environment given the benign environment given the benign environment in ticket pricing and it should announce a buyback, we expect a strong performance. and bhp billiton, will it produce strong results because of commodity prices? and we expect a consensus upgrade at this result, should be a strong price performance. you have the likes of home depot and walmart announcing their results this week with the economy expanding in the us, will be retailers have good results ? us, will be retailers have good results? they will deliver strong results? they will delive

rival home depot had much stronger numbers again so what is home depot doing right? let's bring in joe feldman from telsy advisory group i feel like we ask the same questions of the analysts that cover home depot and lowe's. you are operating in the same housing environment so what is the difference when it comes to execution between home depot and lowe's and why is home depot getting it right a little bit more often than lowe's. >> well two things that at a high level that differentiate the two off the bat are the real estate that they both have home depot has more exposure to larger urban and suburban markets around the country and lay on the fact they have more exposure to the pro-customer almost 10 point difference 40% of the sales from the pro and only 30% at lowe's and those two things right there set you up just the way the top line starts. sales at lowe's was very good this quarter and the outlook for sales is pretty solid as well i think that is fine but as you mentioned, the execution is really where things start to separate. and home depot just seems to be

. >> home depot just out with quarterly numbers.etailer reporting profit of $1.69 a share. 8 cents above estimates. revenue exceeded forecasts comp store sales rose 7.5% the consensus was 6.5% u.s. comp store sales were above forecast for the full-year home depot says earnings should come in at $9.31 a share. that's about a dime above where the street is now. the company also announced a 17.5% increase in its quarterly dividend to $1.03 a share. >>> more corporate news, albertsons is planning to buy the rest of rite-aid that is not being sold to walgreens. the deal would create a company with revenue of $83 billion and allow albertsons so go public after more than a decade of ownership. the ceos of both companies say the tie up is the best way for them to compete in consumer business threatened by amazon and walmart. >> amazon unveiling some new benefits for prime members people who use amazon's rewards visa card would get 5% back on purchases made at whole foods. card holders already get 5% back on amazon.com purchases. now with th

liz: home depot came out with great numbers. this number, u.s. ome sales would not spook you? >> it would not. you have two major modes within home depot. the maintenance mode during a recession. unless it's broken, don't fix it and the investment mode where people are investing and starting to get back to flipping their homes. spending money on kitchens, spending money in bathrooms. those are high-ticket dollar kinds of sales to enrich the home so they can flip and get the curb appeal and people moving in, they're going to do the carpeting and all the other things. home depot is solid, they had a fantastic quarter and a very strong year. liz: you air chameleon, it's amazing how you are able to morph into different jobs and different companies, as we look at markets, bob, i don't know if you saw this. session lows of down 43 points, that is a swing of 346 points within the last hour. >>> when we come back, much more, we're watching this market for you, it's on the move. >> volatility. liz: volatility. >> volatility. woo! but i'm not standing still

it's just noise to home depot. shares are up about 1.6% after home depot soared past expectations for profit revenue. the home improvement retailer's sales continue to grow at rates rarely seen in retail today. total comp sales grew 7.5%, u.s. alone, up 7.2% comparable sales growth did slow in january from november and december however, because it was winter and things slow down there the number of transactions and receipt both of those grew compared to last year. both do it yourselfers and pro sales improved the pro though the stronger s segment. purchases were up 10%. 86% of the do it yourselfers plan to shop again and that number is up from last year too. onlane sales up 20% in the fourth quarter they do make up under 7% of total sales though but 46%, almost half of all those u.s. online orders are picked up in stores. just goes to show you, again, another player that is really using online and stores together quite successfully carl, back to you. >> courtney, quick question for you. what did she have to say abo

now it's been kind of balance. >> home depot just raised its dividends. they raised the dividend is how partly they are paying now for casting on the savings of the tax plan. you mentioned the dividend etf in terms of investing in the u.s., are you avoiding that right now because you are talking a lot about national. or you looking for dividend payers? >> the best thing i can do as an educator as they look, if you've got home country bias, most of your money allocated are correlated with the s&p 500, you are really happy. if you don't have an allocation outside the u.s., now is the time to think about it. it's important to make sure you're diversified in not continue to run with the winners. >> especially since the story in the journal. attacking the labor market, one of the things he had to do in france. >> that's a really good news story. you look at a story like that, do you see opportunities in europe that had been there over the past several years because you've got such revolutionary policy. >> france is playing catch-up. developed nations. maria: t

i would think they have tailwinds, more home depot. >> home depot is growing margins, growing top linethe tax i want to hear what they have to say about that. >> effective tax rate is 37% before the corporate tax cut. >> wow we'll see. thank you. this was fun. >> great to be here. >> we should do it more often. >> we shall. >> tuesday you're back or the following -- >> i'm away next week. >> you have me all week. >> oh, excellent. >> we'll facetime you. >>> coming up, we'll take the pulse of how retail investors are weathering the vatolile last two weeks on wall street and where they're putting their money right now. stay with us >>> market's been on a wild ride in february. up next, we'll ask one retail investor if she thinks this week's comeback is for real or if she's concerned about another selloff. >>> we'll talk with olympic figure skating 1988 u.s. gold ate l winner brian boitano, see wh hthinks about the competition. in pyeongchang stay with us ♪ feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technolo

home depot unchanged. esla, a major expansion with their solar at home depot. the mainstream appeal of the renewable energy product, so we will see how that fairs in the coming months. this is bloomberg. ♪ mark: live from london i'm mark bartan with the european close in a matter of minutes away. vonnie: and in new york i'm vonnie quinn. president trump is set to address house and senate republicans in the next hour as they plan out their strategy for 2018 at a retreat in west virginia. meantime, democrats are now charging the house republicans secretly altered materially a memo concerning how the f.b.i. investigated russian meddling in the presidential election. joining us now is kevin, bloomberg's chief washington correspondent. he's coming to us from the g.o.p. retreat in west virginia. of course in the background is that awful accident which caused the fatality yesterday. kevin, i know it made it a difficult start, but how are the strategy sessions coming along? are you hearing anything yet? kevin: well, the main dominant talk of conversation is will he or

up to home depot? think we would all agree you're finally seeing the catchup happen i do think there is some form of a shift. if we want to call it a fundamental story, i agree with stephanie. it's more about the activist being involved i don't see the need to get out of it now as long as you have the strong consumer and you have the momentum in the moment for the name to me us like the update. >> let's get to alex sherman he has a news alert. hey, alex. >> the entire media world right now is on hold waiting for at&t/time warner to figure out if that deal will or will not go forward. one of the dominos that may or may not follow is whether or not comcast decides it wants to have an overbid over disney on those assets that fox sold to disney late last year now, my sources indicate that this is still something comcast is considering they'll only do it if the at&t/time warner does go through. therefore they would say we believe the vertical integration is okay. if it doesn't go through, comcast wouldn't r

going through the read through with home depot, the last call, home depot was up 7.5.is this a share take? we don't know. remember, the strong areas of home depot highlighted were paint, flooring, hardware, lumber, appliances, electrical, tools, generators. ppg out and sherwin williams in. maybe the acquisition to hurt ppg. very good company. but i think that i have -- i have mark benioff on tonight and mark depot used a lot of great technology to figure out what you want people feel lowe's is behind this may be digitization story of who's most forward or maybe misfiring. lowe's is a very good company. if you decide to sell home depot you're believing a category going down in value. unbelievable cfo of home depot the cat girl's improving i say the fault is not in the star the fault is in them, lowe's. >> the argument of those now on the board and others who is that lowe's had matched home depot on many in-store metrics for many years and now is far less productive on the per store basis and can come back and do it that is indication something is not right. >> it is but

you mentioned home depot. ooking at the same store sales and since 2008 with rising home values, people are comfortable reinvesting in their home. same-store sales for lowe's is about 4% while home depot is about 7.5%. look at what this is doing to the share price. you have going back since 2007, a pretty similar share price and then the diversions between the two. a $95 spread between the stock prices. home depot is number one. lowe's does not have as many , has always been a number two, but an increasingly distant number two. the earnings call to place a few hours ago. management came out and said we are going to open 10 new locations in 2018. they are going to boost spending. rbc mentioned that idea of investors digging down into this team that not all rising tides will lift all boats when it comes to the home improvement chain. vonnie: great stock of the hour, thank you. coming up, battle of the charts. what will it take to turn higher again next month? we will tell you. ♪ vonnie: it is botc time. the most

it was at home depot that a police officer tracked her down.ir conversation was recorded as he gave her the worst possible news. >> there's going to be no easy way to tell you this. your child is deceased. i'm very sorry to have to tell you that. >> where's my husband? >> your husband is up at our headquarters right now. >> the officer explained ross had never taken cooper to daycare that day, that he had done the unthinkable and left cooper in his car for seven hours in the georgia heat. >> has he ever done anything like that, for getting about -- >> no. >> do you know what might have made him forget about it? >> no. >> i think any parent could put themselves in that situation with their own child, and it is so hard to fathom being in a place like that. >> i think she was in full denial, like it wasn't happening. it was a nightmare, is what she said. i'm going to wake up and it will be fine. this didn't happen. >> lianna was taken to the cobb county police headquarters. ross was already there in an interview room, selling detectives what had h

home depot thinks it found a solution to the tight labor market.otential workers can now apply for a job and schedule an interview with only a smartphone. home depot needs to fill 80,000 temporary positions for its busy spring season. netflix has signed the creator of the hit "glee. e."- "gle shonda rimes. u.s. consumers are spending more on love this year. that's according to the national retail federation. the americans will spend an average $143 on valentine's day. estimates total spending will hit $19.5 billion the second highest in 15 years,. jewelry will account for more than $4.5 billion followed by an evening out of flowers. that is your business flash update. i still haven't spent anything on valentines. i still have a few hours. [laughter] vonnie: still ahead, a look at gold and silver through the futures market. our new segment, charting futures, is next. this is bloomberg. ♪ , cutienight ♪ you are watching bloomberg markets. i am abigail doolittle. we dive into the futures markets through the charge. where looking at. the metals, partic

not at home depot. >> yes. >> all right. little trepidation, but he's getting there. >> yeah. i get--i get--you know, as it goes up, i just get tighter and tighter. and i--you can talk yourself out. when i watch at home, and i watch people talk through it... >> right. >> i always watch 'em talk, and i'm like, quit talking! answer it! >> you know what the answer is. just say it. >> you know what the answer is. and then they talk themselves out, so i got to be--i got to be cool, man. i got to be cool. >> be cool. $3,000. that's what this is worth. >> all right. >> give yourself a little orange plastic wedge if you know that scott abbott bought a minor league hockey team with the fortune he made co-inventing what board game? >> i believe it's c, because you get a wedge when you-- and especially orange, because that's sports trivia. yeah, i feel pretty good about this one. i'm gonna go ahead and say c, trivial pursuit, final answer. >> $3,000. $3,000 for rob riggle! >> come on! >> come on! when we come back, we're gonna try and get to that $5,000 threshold. that's next. [cheers an

rates need to be around 7% before home depot would start to worry for rates. >> i don't know how theyuantify that -- >> i would love to know the sensitivity analysis. >>> turning from retail to restaurants, domino's reported mixed fourth quarter results before the bell. cnbc's kate rogers has more on that with the stock hanging onto a slight gain here, kate. >> that's right. domino's reporting a mixed quarter. eps of $2.09 on revenue of $891 million. street was looking for $906 million. same store sales came in below estimate at 3.8% in u.s. company owned stores while franchise locations saw sales increase by 4.2% estimates were at 5.9% and 6% at company and franchise stores respectiveli respectively international comps missed coming in at 2.5%. the company ceo pointed out this is the 27th straight quarter of positive u.s. comps and 96 consecutive quarter of positive international comps. the company also opened 422 stores in the quarter. this is also the second to last quarter before patrick doyle steps down as ceo and richard allison takes the helm doyle is responsible with turning t

. >> of course >> caller: this is a two-part question i've been buying home depot stock for ten years since it was $20 a share >> that's smart. >> caller: thank you and i'm just wondering if i should continue buying and holding for my portfolio or not. >> look, we'll view this market in two ways. if you need that money and you need that money in the next three months, look, i got to tell you maybe take some off the table. home depot is a great company and none of what's happening in the stock market has anything to do with home depot my wife and i are planning the spring planting season you think i'm going to change my mind because some vix trader is knocking down the market it ain't like that home depot is good i don't want you to do anything other than when it gets to 170 buy more unless you need that money now. joe in new york, joe >> caller: hey, jim, how are you, boo-yah. >> boo-yah, man, what's going on >> caller: my question is about wwe. so recently they reported their highest revenue for 2017 >> right. >> caller: with the recent changes in management, the announcement of the

home depot would be my pick for a number of reasons.eet walmart is ahead of their skis in terms of valuation, in term tz of a lot of things, home depot works for a lot of different things >> broad line retail's home depot really doesn't have competition. their margins are better than low's. you think about the space, so much competition in the space. if you're going same-sale stores at 2.6 and you're treated as an e-commerce play, and in a tax environment where they should be benefitti benefitting, that concerns me because i think it's an intense battle they have ahead of them and the stocks got great news in it >> really great to see you guys. >> we missed you >> i missed you too. >> when are you back on air? >> monday. today is tuesday as you would say >> are we still curling? >> we're curling at 5:00 over to you. >> thank you >>> coming up, the "black panther" had a spectacular opening weekend, but you know that did you know how spectacular it really was we'll break it down for you after the break. >> the world's going to start over

home depot is in a couple, and microsoft. you get the point.s the etf market structure, in your mind, present a macro risk >> you know, that's a great question and a good observation. i think what really at the core of your question in that observation is you're describing the activity of the herd, right? there's a number of large institutional money managers that crowd into these large cap blue chip stocks, and then of course, when the first punch is thrown in the bar fight, you know, nobody really knows where it ends and it spirals from there. then trying to find a bottom and where it's going to stop and where buyers come in to kind of support the market is always a bit tricky finding the quote/unquote end of the bar fight is challenging i think the etf structure to some degree plays a role in that i think it's overexaggerated in the conversation about markets, to be honest with you. i think certainly there's some machine trading that's at the heart of this. when over 50% of daily volume is involved with programmatic trading and algorithms, y

major national companies like pfizer and home depot, which together employ more than half a million americans have announced hundreds of millions of dollars in employee bonuses, again thanks to tax reform. just this week, metlife announced a major new investment in its 50,000-plus employees. the company is raising its minimum wage, enhancing benefits, boosting retirement contributions, and creating a skills development fund. in short, metlife is betting big on u.s. workers, and so are the more than 300 other companies that have already announced major investments in their employees and in their facilities. right here in america. right here, thanks to historic tax reform.

not at home depot. >> yes. >> all right. little trepidation, but he's getting there.

major national companies like pfizer and home depot, which together employ more than half a million americans have announced hundreds of millions of dollars in employee bonuses, again thanks to tax reform. just this week, metlife announced a major new investment in its 50,000-plus employees. the company is raising its minimum wage, enhancing benefits, boosting retirement contributions, and creating a skills development fund. in short, metlife is betting big on u.s. workers, and so are the more than 300 other companies that have already announced major investments in their employees and in their facilities. right here in america. right here, thanks to historic tax democratic. mr. schumer: as we enter -- as we enter the second day of the debate on immigration, everyone should be focused on finding a bill to protect the dreamers and address border security that can get 60 votes.

international company like pfizer in home depot which together employed more than half a million americans have announced hundreds ofla millions of dollarse in employee bonuses again, thanks to tax reform. just this week metlife announced a major new investment in its 50000 plus employees and the company is raising its minimum wage enhancing benefits, boosting retirement contribution in creating a skills development fund. in short, metlife is betting big onhe us workers and so are the more than 300 other companies that havets already announced major investment in their employees and in their facility. right here in america. right here, thanks to historic tech support. >> as we enter the second day of the debate on immigration everyone should be focused on finding a bill to protect the dreamers and address border security that can get 60 votes. that is the ballgame. the majority leader's desire to vote on unrelated partisan immigration bill

busy morning, a lot of retail earnings, we got home depot and walmart today. coming and ber shishire on friday it was a slam dunk across the board when it comes to the metrics or watching the six straight beat in a row this one is indicated of an open higher clearly in the premarket. we have in the other hand, in retail, walmart. it was the biggest decline. >> on earnings in 17 years >> that's a long time. >> it is worth mentioning again before the open, albertson's is a private company, but it will be going public through this deal rite aid tried forever to get the entire company to sell to walgreens but antitrust authority says no. what's left of rite aid is now being combined with albertson's, of 28% or 29.6% of what will be that new company that i would assume will enhance albertson's aid to customers and competing with the death star known as amazon >> think of walmart with the pharmacy offerings, when it goes public, it is going to have a viable portfolio or businesses that'll compete directly with walmart. >> i am sure it is not a coincidence. amazon wi

we talked about home depot and micron yesterday they raised guidance and that stock was up 10% i think have tilt here for a long time. the mark were in turmoil yesterday, and again today other than the fact that we have closed up near 600 points. now you can see the winners from the losers >> what is troubling is i think traders and investors want to put it in a neat backs and say this was spurred on my higher realized volume timt on friday selling as risks heightened selling more getting essentially back the neutral. this is part of what we had. we can blame it on the xiv the voletf >> i hear you. i mean it's the velocity of what we were watching when we were talk about the rates that's upside. you have got to figure algorithms, the margin calls that were happening on friday and i think as well yesterday. maybe we flushed some of that out. i wonder if we have hit a level in the volatility index in the 30s where we go somewhere from the 30s back towards the 20s i think we may find ourselves in that kind of a rain. the reason i say that, later in the day we saw monstrous put buying. >>

he spotted it in the home depot. >> steve: oh. >> jimmy: i love home depot.this sign here. this is -- "ask an associate for a demonstration." [ applause ] >> steve: what? >> jimmy: or not. >> steve: or not. i'm not. yeah, i can't. >> jimmy: that wasn't your first choice at home depot? >> steve: no, no. it was my number two choice. [ laughter and applause ] >> jimmy: all right. this next sign was sent in by corrina austin in st. thomas, canada. she saw it while driving. "mapleton taxidermy and cheese store." well, i was in the mood for cheese. >> steve: i'm stuffed. >> jimmy: taxidermy and cheese. [ laughter ] >> steve: yeah. >> jimmy: next sign was sent in by dave coen in mount airy, maryland. he was shopping in walmart. and saw this. "ladies' intimates." [ laughter ] what lady wouldn't want to wear a poop emoji or a minion costume to bed? >> steve: yeah. >> jimmy: that's very intimate. >> steve: very intimate. >> jimmy: yeah. next sign was sent in by steve carmichael in presque isle, maine. he was driving down the street and spotted this. "matt amnott won a

home depot is cashing in on americans pouring money into their homes.e world's largest home improvement chain roads -- rose larger than expected in the fourth quarter. home depot was also helped by hurricane recovery spending in the south and in puerto rico. automakers are looking to capitalize on your data. the regulatory hurdles they may face, next. this is bloomberg. ♪ ♪ this is "bloomberg markets." i'm shery ahn. bonnie: i'm vonnie -- vonnie: i'm vonnie quinn. of 725 -- $107.25. the 10 year yield has come down 2.9%, elevated from last week. and gold futures, they did have a nice little rise, off the -- $1332 and300.32 $.60. : cars are racing to a new future combined with artificial intelligence, powered by drivers ' personal data. but can automakers profit off all the data they are capable of or alienating consumers and risking backlash? joining us now is bloomberg's gabriela coppola. what kind of data are they collecting, i can only imagine gps data. gabriela: location is a big one that will be very valuable but also, your driving. slam ondrive, do

home depot cashing in on americans who are pouring money into their homes.home improvement chain rose more than expected in the fourth quarter, home depot was also helped by hurricane recovery spending in the south and puerto rico. johnson and johnson keeps looking to sell off non-core assets. according to people familiar with the matter, they are seeking buyers for their sterilization product division, which could bring in as much as $2 billion bid the unit is attracting- -- as $2 billion. and sony getting into the hill writing business. they will join with taxi operators in japan this spring. the service will use the sony payment technology. hillhile, the largest writing startup uber is also looking at japan. that is your bloomberg business flash. david: one of president trump's campaign themes was the promise to fix american infrastructure and over a week ago he presented his plan that he said would stimulate $1.5 trillion in new investment, shortened time to two years, improve training and a boost investment in role projects. -- rural projects. kevin joi

home depot has been higher, up 2%. they put up a solid quarter. the earnings guidance for the full year a bit below the forecast. looking past the result and the fact that they had forecasts for shares ever so, slightly higher. shares of righty trading higher on the news that albertsons is buying the company for $24 billion. teaid tradingrigh higher. this will give private investors a chance to exit -- qualcomm down 4%. toy've increased their bid make the deal go through. they are fighting off the $121 billion deal from broadcom. lots of interesting action here on the deal front. we will see that the bloomberg dollar index is up once again, up for its third day in a row. yields up ever so slightly as haven bonds selloff. this is a long-term chart of the 10 year yield. this is the great bull market in bonds. we have an area of congestion in the 10 year yield suggesting we will see the 10 year yield move back up to that trend line, even shoot above it. the 10-year gilts is confirmed to go well above 3% -- the 10 year yield is confirmed to go well ab

investors are punishing lows for not growing like home depot. the second largest chain in the u.s. sted estimates that -- results that missed estimates. shares of lows are falling in premarket trading. amazon is trying to extend its reach into customers' homes. the e-commerce giant has agreed to buy the doorbell startup up ring for about $1 billion. they make doorbells and cameras that allow remote monitoring. in china, hna group is planning one of the biggest job guts for single company, roughly one quarter of its workforce. hna has been selling assets to reduce tens of billions of dollars in debt. that is your bloomberg business flash. david: markets certainly reacted during chairman powell's testimony. we can see what the s&p did while he was talking. should investors react? we welcome bill snead and danielle booth. good to have you. answer the question, you are an investor. do you react to what you heard from chairman powell? bill: know, and when it comes to interest rates we are of the belief that the demand from millennial household formation will drive interest rates, so they

home depot and wal-mart to report earnings for the battle.ive you a sense of what is happening with consumers to year, next performance is that the market indices at the ft 100-point back a quarter of a percent of the cac in the dax in germany higher this morning. right across the board as you can see with korea and japan, done better than 1% apiece. shanghai composite closed at the chinese lunar new year celebration there. a taxing situation. republicans said to be in a battle for which government agencies are writing your regulations following the historic tax overhaul. some of the office of management and budget to get involved in what was traditionally handled by the treasury department and the irs. this coming as it shows the majority of americans now support tax reform. speaker of the house, paul ryan about the overhaul last week. >> because of tax reform coming up massive amounts of repatriation. because of tax reform you won't see any more versions. because of tax refunds you see foreign investment coming through. we had the worst tax

. >>> home depot plans to higher 08,000 seasonal workers nationwide.you can apply online and get an inperson interview. >>> one of schwartzman is the billionaire ceo of black stone group. they plan to refocus their curriculum and stem jobs. 1950s era high school will be renovated and new science and technology will be built. >> a local police official talks about how communities prepare for the worst in the wake of a deadly mass school shooting in florida. more on that at 5:00 a.m. >> a child begins to choke in a classroom on valentine's day day. her 8-year-old classmate takes quick action. that is next. expwr some trucks went across colorado to move on from their ex-s. any items that are tossed into the truck are sorted and donated when possible. >>> a california boy came to a slas -- classmate's rescue when she started to choke. andrew's father is an emergency room doctor and taught him the heimlich manuver. >> if they are checking you get them right about here and you just push back like year giving them a hard hug. >> andrew said he is wants to be

the jobs are only seasonal and will be available in many of the more than 2 thousand home depot locations(vicki) the trump administration wants to deliver food directly to food stamp recipients. the budget director compared the proposal to home meal delivery service, blue apron. it would be called the u-s-d-a america's harvest box... and it would be sent to about 38- million people.. and it will be filled with staples like milk, fruit, grains, meat and pasta... and all of the food in the box will be produced in the u-s. the trump administration claims the program would save nearly 130-billion-dollars over ten years. consumer advocates fear the food boxes reduce choice and that some families could have difficulty receiving them. (grant) coming up...a possible deal is in sight on immigration... as the senate has 48 hours to come up with a compromise. (vicki) plus... 10 students in san francisco were sent to the hospital after eating pot laced candy. hear what doctors want parents to know if it happens to their child... (grant) and after the break... 17 killed and 16 others hurt after a gunm

penny, k-mart, kohls, nieman marcus and sears followed by gap, hom home depot, office max and wal-martt's for sure misleading. they manipulate you into buying there, buying now, feeling good about their purchase so you will buy a bunch of purchases there. >> president's day is coming up. will sales be better? >> no, even black friday sales weren't better than any other week. >> don't be induced to buy the item because it's on sale. buy what you need, when you need it, and don't be in a rush. >> also, shop around and do a price match. sale items are being sold for less elsewhere. at which stores do they find special receivings? >> bed bath and beyond and costco. >> retailors say they stand by their sales policies. they believe the test failed to consider things like everyday pricing, price match and member pricing. the full reports of statements from retailors on 6abc.com. i'm nydia han, "action news." >> cecily tynan with the forecast. >> jim, we have clearing skies, the action cam at penn's landing. it looks like holiday season. tonight, it feelses more like it than the past couple of

talk about home depot. you also see value there.ariann: i do because a lot of people are expecting high interest rates the cut off mortgages and the whole repair and replace market which is such a large part of home depot's business will suffer. we don't see that at all. we see the tax reform putting more money into the consumers' pocketbook at the same time unemployment has fallen to a low rate. more people working, making more money. wage inflation money was good for consumers to be spending. they are still getting a benefit from the hurricanes that took place last august and september. here is another one that is probably going to raise its dividend by about 15%. we think that will happen next week. from a total return standpoint we are probably talking about close to 15% as the earnings growth 15% this year. , thank youkolas cruz so much for your time --mariann montagne, thank you for your time. dueling immigration proposals to protect the dreamers. mitch mcconnell has set up an immigration vote for 2:30 p.m. today. the trump ad

. >> i necessity, same for me in home depot, i'm like help. >>acwhat is this i hear about positive news regarding space x and services. >> reporter: that is right, so the head of the fccn for satelle delivered internet services. what that means is s launch ove0 small satellitesrth orbit by 20g internet services to current fcc chairman says the technology can reach america in either rural or hardas wheret services do not reach us, another one of those, i keep i e x stories.ing new heights these days. >> thanks, dianne we will check in with the next you. >>> in other consumer news unhappy customersll bean over its new return policy. the maine based retailer lifetie satisfaction guarantee to a within year limit to bondi is o0 people seeking five mi-dthe class action lawsuit, ad it allegedes that ll bustomers by advertising a warranty that in longer exists. ll bean. the best parts of >> i thought this new change was for anything purchased tt w. >> i don't know, i was under there change what people already bought i don't blame them.erovie could hav

we have a minor accident near the home depot east whiteland township on 202. watch for that accident being reported. although the heavy rain is out of here, from yesterday. we have rain to the south and we could see rain pulling through the area over the next several hours. 54 degrees. it's not slick out him him it's just wet, nonetheless slow it down. >> an explosion and fire at an electric substation through much of northern puerto rico into darkness last night. several municipals -- municipalities are without power. many people are still in the dark, five months after hurricane maria hit the island. >>> we have learned that three people killed in the crash were from britain. the helicopter was carrying 7 people when it crashed in the grand canyon. during the time of the flight, the wind gusts were up to 50 miles per hour. >>> parents at a catholic store in miami are outrage after a first grade teacher posted pictures from her same-sex marriage. him miami archdiocese spokeswoman said she broke the contract she signed when she began teaching at a catholic sch

home depot you see right there. joining me with a look where we're heading "bullseye brief" publisher, author, adam johnson, and peter tear. good to see you. haven't seen you in a while. >> good to see you too. trish: took us market craziness to get us back on set. what do you make of it. >> one thing i find really fascinating. we had all the information for the last year, markets still grind higher. all of sudden we have market capitulation trade. >> now all of sudden or fed holding our hand. they have gone awol and quiet. i've been very bullish, peter. you had been back and forth, round trips and played it pretty well i like what is happening in the fundamental economy. >> i think i agree on the fundamental economy. there is nothing wrong with the fundamental economy. if you look at markets, only back to where we were since thanksgiving this is not disaster for long-term investor. anybody got behind the president since the election has done very well. i think we're shaking out more complicated trades, volatility b

going to home depot, as a feverish home depot supporter, i can say this will get in front of a lot oft tesla is doing is they are paying for placement in the home depot store to evangelize people about their products and i think that's the right move. only been 800 of the 2200 schoolers but it's a starting point. >> american technology companies rule the world, don't they. don't respond, i'm just telling you. jean, things for joining us. we will see use them. >> am i going to change direction? yes. listen to the spread there could be a tequila shortage coming. don't go into a faint, liz, the key ingredient, agave takes years to mature and tequila makers are using young plants to keep production up but they produce less tequila. john is the host of bar rescue. what are you going to do to rescue tequila. >> it's interesting, the spirit industry has had its highest sales for eight consecutive years. 4% growth, billion dollars, but tequila has grown 9.9% this year. volume is up huge, they are running out of agave which is the product they distill it from. it seven years to mature so now t

. >> rather than home depot.now where you are going it has h been underperforming and i took off home depot and go into low's and it was trading well. >> and papa john's missed on earnings and ending the relationship with the national football league. >> the last part is what people focus in on and i don't think the sponsorship matters. if you are in a pizza name you like the pizza and they have crafty advertising and i don't care for the taste but many people do and the advertising is good so i don't see a long-term problem. >> you only buy the stock if you like the way the pizza states. >> i like stauffer's. >> this is a big day. >> torpedo -- >> i am -- i am almost feeling bad for him. >> i used to come home with stauffer's french bread. >> i dig it. >> doesn't mean you have to buy the stock if you like the pizza. >> i don't think there is stauffer's stocks. >>> celgene trading at the lowest level >> stocks trading at ten times earnings we like the pipeline it is getting no credit for the future they did say 2