both honeywell and dupont want to add to their safety offerings.eywell paid $1.4 billion to buy sperion. they invented kevlar. in 2008 dupont bought cardinal health industrial apparel. it is one of the tenets and both of these companies are clearly open to doing more deals in the safety space. company reported at the end of october. the fundamentals are stronger than the headlines would lead you to believe. the overall gross margin increased by 220 basis points. you can't cut back on fire and safety. plus mine safety has been moving away from dependence on defense spending. something that is not happening a moment too soon. the non military business made up 64% of the company's latest quarter. they are moving in the right direction. remember, we never recommend stocks on the basis of takeovers unless the fundamentals are improving. i think mine safety is getting to a much better position. here is the bottom line. there is always money to be made speculating on takeovers if you do it wisely. when i play matchmaker i look for an industry that is cons

put simply, if you got someone from honeywell or eaton or celgene in the rule, explain the impact. the imperative would be to get this fiscal cliff done before vacation. hey, listen, yes, no vacation without legislation. because the longer the delay the fewer reasons to start a business and the more reasons to shrink, lay off, build fewer houses, cars, or take your business offshore if you're big enough to do so. stick with cramer.

put simply, if you got someone from honeywell or eaton or celgene in the rule, explain the impact.ive would be to get this fiscal cliff done before vacation. hey, listen, yes, no vacation without legislation. because the longer the delay the fewer reasons to start a business and the more reasons to shrink, lay off, build fewer houses, cars, or take your business offshore if you're big enough to do so. stick with kraimcrammer. crammer. . [ male announcer ] my client gloria has a lot going on in her life. wife, mother, marathoner. but one day it's just gonna be james and her. so as their financial advisor, i'm helping them look at their complete financial picture -- even the money they've invested elsewhere -- to create a plan that can help weather all kinds of markets. because that's how they're getting ready, for all the things they want to do. when the conversation turns to finding a financial advisor who's fully invested in you, turn to us. wells fargo advisors. together we'll go far. wells fargo advisors. is bigger than we think ... sometimelike the flu.fer from with aches, feve

put simply, if you got someone from honeywell or eaton or celgene in the rule, explain the impact. the imperative would be to get this fiscal cliff done before vacation. hey, listen, yes, no vacation without legislation. because the longer the delay the fewer reasons to start a business and the more reasons to shrink, lay off, build fewer houses, cars, or take your business offshore if you're big enough to do so. stake with cramer. well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. every human being is unique. and there is one store that recognizes it. the sleep number store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an

and certainly like let's put an industrial in there, how about honeywell? doing a great job. that would spruce up this portfolio. do we have like -- are we r-rated? do we have like -- i think we're probably okay. i don't want the hollywood sensors to crack down on me. let's go to dave in wisconsin. dave? >> hey, big wisconsin boo-yah to ya. home of the harley davidson. >> yeah. >> caller: gis, general mills, proctor and gamble, pg, kellogg's, k, ibm, ibm, jpmorgan, jpm. am i diversified? >> i do have a harley in my garage. it's a great-looking machine and i'm proud of having it. kellogg's, i think that is -- battle creek, michigan, terrific food company, jpmorgan, good bank, general mills, well, wait a second, we've got two of a kind. that's a match game one. i'll come back to that. procter, my charitable trust bought today. ibm, also charitable trust. we're going to keep kellogg, we're going to -- oh, boy, penpal's going to get mad at me, but we can't have both of these. we're going to swap out the general mills put in bristol-myers and own jpmorgan, a ban

honeywell making acquisition of intermac. $10 a share. honeywell, it wasn't unexpected. started taking a leg down on that. brian back to you. >> mary, thank you. >>> part of what is giving the market move today along with renewed confidence perhaps. in the chinese economy believe it or not. >>es so are pushing the odds to right around 50/50. now something else to keep an eye on at this hour, the president. he has been keeping public pressure on with his tax plan and he is speaking in detroit at daimler diesel factory. any headlines we will bring to you first. john har wood is tracking negotiations from washington. john, how did this private and personal meeting between john boehner and the president over the weekend go? do we know? >> we don't know. the white house and speaker's office are both being very disciplined about not disclosing content of the meeting. but i think we can take encouragement from the fact that it took place. this there is some progress an prospect of further progress being made. public and private gain, as you indicated. going to washington to kee

the pressure from the nation's top corporate executives. 150 ceos including the heads of boing, honeywell and general electric. they're urging a compromise that includes increased revenue even if it means raising tax rates. more de tails now according to the non-partisan tax foundation the average family of four in the bay area would pay about $74 hun more in taxes if there is no deal on the fiscal cliff. that is a tad lower in san jose. if democrats and republicans don't reach an agreement by the end of this year. >>> on wall street stocks rose for a fifth consecutive day. the dow industrial gained 78 points, nasdaq gained 35 led by apple's 2% gain. >>> some immigrant students could soon have their dreams of a college education become reality thanks to a big gift to uc berkeley. today uc berkeley announced a $1 million gift to provide scholarships for low-income, undocumented students. the students qualify for state financial aid but not federal grants or loans. undocumented immigrants and counselors say new money will help fill that gap. >> money to go to school, money to, like, you kno

we talk about how the transports fare well, or how i like the new honeywell application. where you should buy the aig over the dip. it's fun for us to puzzle over the strength of hewlett packard. deckers down $3 because of the warm weather impact on uggs. is that what's behind coach today? that's what i regard as productive use of my time. but unfortunately, that's not the case for many of you and in many ways, it's not what you need to hear. in fact all those issues i just mentioned aren't even mildly important compared to the big stories we battle every day. first let's tackle the fiscal cliff. i'm beginning to hear a ton of blowback about how we talk about it way too much. jim, give it a rest, will you? i'm getting feedbck how our rise above campaign is stillborn because the politicians aren't going to rise above, stop kidding yourself cramer. yes, yes, yes to my no vacation without legislation mantra. even has its own hashtag on twitter. i wish i never had to talk politics ever. one of the reasons that i started "mad money" was that i would never have to talk politics

you've got chevron, conoco, alcoa, honeywell, pge, duke, texas utilities.ow much of cooper's business is brand-new business for eaton that you've never been in that will be fabulous for you to settle into going forward? >> all the product basically that cooper is involved in are complementary to ours. that's one of the unique things about this transaction, virtually no overlap from a powerpoint of view. but the oil and gas, utility are areas where we bring the strength of two companies together. now provide a better solution for our customers. there's a lot of potential in that area. so pleased we closed the deal on november 30th. now we get down to the process of managing the two companies as one. >> 1 to 2% gdp growth in this company can still do incredibly well next year? >> i think we only have to look at the third quarter this year to get that answer. if we look at the slowing gdp in the u.s., where it was not a spectacular quarter, our earnings and america's business were up over 30%. our earnings and our rest of world business were up over 20%. the c

countless companies like quaker oats, johnson & johnson, honeywell, motorola, and ibm claim to have savedillions after instituting wellness programs. but all that good health might not necessarily make for the best workforce. the city of north miami, florida, used to require that all its new police officers be non-smokers. but two years ago, the city quietly dropped the smoking ban. gwendolyn boyd is the city's chief of police. >> we realized that at best we may save 5% on our insurance premium. but now we're having a problem with trying to recruit and hire highly-qualified candidates, and we're competing against agencies that do not have that policy. >> did dropping the policy dramatically change that? were you able to find qualified people? >> i would have to say unequivocally yes. >> officer juan mayato believes that the city ultimately learned that those smokers more often than not made pretty good cops. >> i mean, what does smoking have to do with the way you perform your job out here? there's a lot of people that smoke that are well qualified for this job, and it doesn't affect them

honeywell could be there talking.s trying to do, line up ceos on his side of the aisle to support whatever the decisions are. david: rich edson, we have to break, stay with us, please, because i know you are there, but have you seen corporate big wigs in there? >> no, just a call, david, not holding it at the white house, not a meeting at the white house. david: a conference call, and, again, expecting shortly to have word of what went on in the so-called all-important meeting with republicans and democrats inside the white house. we know they left the white house. we have not had any announcements of any success. we'll be back to the white house right after a short break. david: this was supposed to be it, folks. remember that anticipate in the godfather when all the warring factions got together in one room to iron it all out? this is what was supposed to happen in the white house where we had democratic leaders in the senate and house, republican leaders from the senate and house, treasury secretary, even the vice

whether it's the ceos of the honeywells or the smallest of the small.onight's guest of lumber liquidators, they're mean-spirited debates, the pledge is not to raise taxes, it's costing this nation a once in a lifetime opportunity to reassert itself as the leader of the free world. and faster growing the repressive communist world to boot. you are in the ability to give us a deal, any deal is crushing our economy. allow me to explain. since i read @jimcramer on tw twitter people say i'm biased. i believe that the compromise that all the common sense people are looking for, some combination of spending cuts, higher taxes and pro-growth initiatives doesn't come into play anymore in washington. too many pledges, too much ideology. i l am part of the 2% that's going to have to pay more. i have the highest effective tax rate possible, 48% for a variety of reasons. but i am willing to pay more because i used to pay more at one time and i'm grateful for what this country has done for me. i know that those of us are lucky enough to have done well in this country

you know, honeywell is seeing the pain. they're not filling empty positions.ready -- it has been starting to affect companies for probably, you know, at least the past quarter already. >> okay. thank you, joy, and thank you leigh. remember, president obama is going to make a statement on the fiscal cliff talks at 5:45 eastern time and msnbc will provide live coverage. until then, chris matthews is up next with the best "sideshow" moments of the year and the nra's best excuses for standing in the way of any and all reasonable restrictions on guns. this is "hardball," the place for politics. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of

and honeywell to buy intermec. up goes the stock.le says it's bringing manufacturing back here. is china's run of the factory, it's not coming to an end. is this a drop in the bucket? we'll have more in a moment. >> here we go. ♪ put on your yarmulkah, here comes hanukkah ♪ ♪ so much funica, hanukkah ♪ >> what was that here comes hanukkah, so much funica. very interesting. we'll probably play more holiday music if we can get away with it the rest of the show. ♪ instead of one day of christmas we have eight crazy nights ♪ [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. rodger ] at scottrade, seven dollar trad are just the start. our teams have the information you want when you need it. it's anothereason more investors are saying... [ all ] i'm with scottrade. it's anothereason more investors are saying... it's part of what

honeywell hires. that means other towns do great.t means you get into a very virtuous cycle mode. david, it is not about the small businessman. the little businessman doesn't do well unless the big businessman does well. >> who are they selling to? >> honeywell just hired 200 people. >> no doubt about it. >> the opening bell here at the new york stock exchange for a friday. top of the screen, the s&p 500. nasdaq, avago technologies. >> single-family rentals, homes for rent, single-family rentals, that's the way it's sort of getting all that notion, at least today that some people are locked out of credit. they are renters, or renters nation. >> the real estate investment trusts. >> every real estate investment trust, this is only -- this is a real aberration. 10, 20, 30, 40 years, people do not understand the power of that group. the yields aren't that great right now, but if you look at 98%, federal realty, and in the shopping center business, when you look at some of these hotel reits, they've been very strong. >> best buy, the big

what businesses would like to hear what jamie diamond as jpmorgan would like to hear, david cote at honeywell would like to hear what the fix the debt committee and simpson bo s simpson-bowles, $4 trillion over the next ten year. >>> and prince william's wife catherine is out of the hospital after being treated for acute morning sickness. the royal couple left just at short time ago. >> good morning, norah and charlie. we were told from the beginning this hospital stay would last a few days. that's exactly what it turned out to be. kate along with prince william paused briefly at the hospital entrance as she left. if she was still feeling the effects of the morning sickness that has brought her here, it didn't show, but neither she nor william would make any comment that she left. the couple's plans are unclear at this stage, but it's thought the royal mother to be will be resting in private and not making public appearances for a while. how she continues to feel after this bout of severe morning sickness will determine how public or private this pregnancy will be. it certainly was public to

information management solutions provider, intermeck is being bought by honeywell.. apple, jefferies -- jefferies cutting its price target to 800 from 900. so, you know, i don't know if you can use that in your analysis of what to do with it but jefferies no longer thinks that it should be 900. now looking at 800. i don't know, i guess finally figured out what the quote was and hid it into his machine and said wait a minute, 900? let's go to 800. and expedia is among the latest batch of companies to declare a special dividend in advance of the end of the year. also, "washington post" accelerating all its 2013 dividends. big supporter of the president, but not above paying their dividends to avoid the taxes. >>> when we come back, the path to fiscal compromise. south dakota senator boone thune is making his way to the "squawk" set. also the ceo of starwood hotels on the impact to his business if we actually go off the viscal cliff. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmiss

i was listening to cody from honeywell, it's a dangerous position to want both tax increases and entitlement cuts. i hear very few politicians wanting to do that. >> speaking of china, by the way, mostly upbeat data out of china. 10.1% in november, strongest since march. exports rose at a weaker pace. the planned resignation of italian prime minister mario monti weighing on the european markets this morning. he said he will step down as soon as the 2013 budget is approved. that's because berlusconi. it's been said a couple things this morning, that italy is now the problem child in europe, more than greece, more than spain. but conversely, china, if gdp is coming back, they are in what many consider to be a sweet spot. >> the numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be there for the long term. >> sure. >> in fact, he may be leaving a month earlier than originally planned. this should not be a surprise in the lar

we've tried to do this in honeywell ourselves. even as a big company as we are it tough to do it on your own. you need a system that is geared that way already. i would like to see a short-term and long-term approach on entitlements if i'm going to believe in a market credible deal. >> i'm want to tap your expertise here. how do you reward quality outcome versus the quantity of these outcomes? any thoughts on that? >> that has been eluded to already. i think we have to back this up a little bit. the first thing i would say is the debt is the symptom not the cause. the cause is the fiscal imbalance. we're spending more on a long-term basis than is sustainable. we've managed this for 60 years because weoff and on spend a little more than a little less than the revenues. now we're on a path of consistent spending in terms of the program design and the demographics. that gets you to the following, we have to restructure the spending to fit in our tax revenues. one, there is no way you're going get more than 14% of g.d.p. out of the in