honeywell ceo david cody says what is behind the company's angelina jolie.mphant return. 30% more runners this time. in cars, what makes a great investor. and why there is no bubble in tech.

honeywell beat earnings.avid cody explain why to trish regan. >> it seemed like a long time ago, but we started last month a new five-year plan where we said we would have double-digit earnings increases. it is not the easiest environment to do that in, but we have done a lot of seed planting. you have heard me use that phrase a lot. whether it is technology, geography, processes, we tried to not just make this quarter but make sure we are doing the seed planting for the future. we are starting to reap the benefits for that. >> let's talk about that five-year plan. you had a plan originally, delivered on it, and now you have a new five-year plan. talking about putting $33 billion to work over the next five years. where is that money going to go? >> we are a good cash generator, which is a nice position to be in. that was not always the case. first priority is having high-quality earnings. free cash flow conversion is 125%, so pretty darn good. that means over the next five years we have about $35 billion that

. >> they're trying to become more like honeywell. honeywell has crushed it in terms of the stock.s they get away from ge capital, all though they did well, i think the stock will catch up. my view. >> attack of the chinese internet stocks. could set the rest of the space on fire. our own dan nathan is getting in on the action. take a look at this stock. solar, to outperform today. what is behind the call? we have got the analyst in two. 8 8 [ bagpipes play ] make it happen with fidelity active trader pro. it's one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. we needed 30 new hires for our call center. i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and post your job to over 30 of the web's leading job boards with a single click; then simply select the best candidates from one easy to review list. you put up one post and the next day you have all these candidates. makes my job a lot easier. [ female announcer ] over 100,000 busine

. >> they're trying to become more like honeywell. honeywell has crushed it in terms of the stock.they get away from ge capital, all though they did well, i think the stock will get more of an industrial valuation and may catch up. that's my view. >>> attack of the chinese internet stocks. could set the rest of the space on fire. our own dan nathan is getting in on the action. take a look at this stock. solar, to outperform today. what is behind the call? we have got the analyst in two. what is behind the call? we have got the analyst in two. 8 8 mine was earned in korea in 1953. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection. and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> andy reporting earnings moments ago. let's get to bertha coombs in the newsroom. >>> chipmaker advanc

i think honeywell does it better. all the reasons tim mentioned. 25 years, hon. >> i'm now. happy anniversary cnbc. cheers to another 25. [ applause ] >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise oh to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. a lot of people want to make friends. trying to make you money. my job is to entertain, eblg indicate and teach you. call me. or tweet me @jimcramer. some dips are made to be bought. you just have to say to yourself, okay. i don't like what caused the pull-back. i'm going to take advantage of it because i'm trying to make some money around here. after an amazing week but a ho-hum day where the dow dropped and the nasdaq goinged .23% i want to talk to you about two buyable dips. >> buy, buy, buy. >> google and ibm. you may think i'm sticking my neck out. but i'm introducing the notion of long-term opportunity. it's not a copout. first off, we know google and ibm both

let's add -- honeywell! because we like honeywell. and that will do it.n in maryland. ron? >> caller: hey, jim, love your show. >> thank you. >> caller: i like to say a big boo-yah from the people of oakland, maryland. >> i'm liking that. sounds like a raven fan, too, by the way. what's up? >> caller: i need for you to tell me whether i'm diversified or am i just a -- >> i've got it under control. let's hear them. >> caller: kmp, wll, uri, susquehanna bank shares and intel. >> all right. intel upgraded tonight by piper jaffray. good bank, united rentals, the equipment rental company, terrific, semiconductor company, whiting, that's a bakken name and, kinder morgan. we're going to keep kinder because we like the dividend, although it's been under a lot of pressure. and we're going to get rid of whiting, we'll talk about a portfolio that needs, indeed -- you thought i was going to say bristol-myers, i'm putting in cellgene. ♪ hallelujah let's go to howard in california. howard? >> caller: hello, mr. cramer! let me give you a big boo-yah from central califor

ask bob smith of honeywell aerospace. thanks for joining us today on bloomberg. ahead, we will begin our special series, wiring a world of entertainment. is changing the business of hollywood, including some festivals. and we are streaming on your phone, tablet, apple tv, and amazon fire tv. ♪ >> technology is changing the movie business, from 3-d filmmaking two new distributors like netflix. all this week, we are going to be exploring hollywood's tech evolution in our series "wiring the world." jon erlichman is in new york this week and joins us from there. give us a glimpse of what we will be seeing in the series this week. >> i think that when you talk to the creative types, the storytellers, the filmmakers, the producers, they are excited about the technology that is available. the biggest question becomes, what are the technologies that are practical for use? you mentioned 3-d, an area where we saw explosive growth. we also saw film makers pull back after some of the early 3-d films. even with things like virtual reality, you have directors like james camero

honeywell's chairman and ceo, some good numbers, dave. it's good to have you here. >> i like that intro. >> turbocharged, there is some meaning behind it. tell me what is going on behind the european auto rebound that is upping you guys and how you had such a successful quarter. turbocharged industries is something that i like anyway. think about the the six engine to perform like a v-8 engine uses about a quarter less fuel to provide the same horsepower. so it's a good idea and it started in europe. 60% of european autos have turbochargers where the u.s. has an percent. so the thing that -- has 10%. so the thing that was hurting is that it was going down. it was just enough to offset the decline. what we started to see this quarter is that decline in the auto industry stop. you see doing better in europe. we have a nice take up was now offsetdon't have to the decline. what is driving that confidence right now? >> our performance generally. as you know, we laid out a new five-year plan last month. we said for five years we would generate

us from honeywell's aerospace headquarters in phoenix. get to the malaysia investigation is in a moment. first i want to ask you, what is the cutting edge right now? what are the most exciting things you are working on? >> thank you very much for having me. it's a pleasure to be on here. there are a lot of things i'm excited about and i'm afraid you don't have enough time to cover it. but we have some great trends going at our back. we have the connectivity of aircraft we are reducing this last island of capability where we do not have conductivity on airplanes will stop bringing it to the cockpit and back of the aircraft is a big deal for us. changing the way we fly from air traffic modernization and technologies in which we introduce a green taxi capabilities, so people can taxi around the airport surface using electric our as opposed to waiting for a tug to show up. those are very exciting things that will change the way we fly. >> you are also working on the 3-d printing of airplane parts, new jets in the airbus 350, but i want to tal

we partner with honeywell. there are others available in the market. many have that. the device here is the one that's unique. in our service territory we have over 6 million window air conditioners and you can't use a central air thermostat with that. we partnered with a company called think eco to develop this device called the smart a/c modlet. you plug in the air conditioner here, plug this into the wall. it connects to your wi-fi system and you can use this, when you're in the home, to control the tell temperature. it connectses to your smart device. your android, ipad, iphone so you can set the program for the air conditioner and change the temperature in the room from wherever you are. >> let's start with the presumption you just said. wait a second. why would someone want to sell less energy? isn't that how they make their money? >> we are a wires and pipes company. our revenues are decoupled from the amount of sales we have for our electric and gas systems. it allows us, puts us in a position to help customers become more efficient, use less product, save mon

emergencies tokyo electric power company tested and unfiltered venting system that's how she was like the honeywell questioning of the prefecture they're installing the systems in a bid to ease concerns the four planned to restart reactors this system is designed to reduce pressure to the reactor can to invest during emergencies while limiting emissions of radioactive materials the venting system is required under tougher safety guidelines that took effect last july. workers total nitrogen through the cylinder to determine whether the gas flow through the piping as planned during a test. gas was used in place of radioactive fumes. officials in yup that's a radioactive materials released through the filter may affect residents. experts are now reviewing the system safety and methods of operation. un special envoy is in japan working to shed light on a given rights conditions of people living in north korea many people around the world and clan leaders in the isolated country have committed crimes against humanity. or is it to doris man says they include the adoptions of foreign nationals and its mis

and honeywell say orders are strong and they may start hiring more. >>> tokyo's nikkei gained only an. hong kong's hang seng lost 1.5%. here on the street solid earnings fell to impress investors. unless the dow is mixed, the dow is unchanged while the nasdaq added 21 points. >>> all those recalls wiped out gm's profits. they fell 86% in the first quarter. that's its worst financial results in four years. the auto giant spent $1.3 billion to cover all the recall expenses, but gm still beat the street. shares jumped 29 cents, far above wall street's estimates of 3 cents a share. >>> four top tech companies have settled a class-action lawsuit. it alleged that they conspired to prevent their engineers from getting better job offers. terms against google, apple, intel, and adobe systems haven't been leased, but if they had lost, it could have cost them as much as $9 billion. >>> netflix is about to become real tv. starting next week, the streaming video service will have its own channel on three small cable companies providing subscribers have tivo. netflix already has cable wheels in eu

predicament he wasn't one of the last photo is of the scale of the moment that moment i knew him and honeywell. beacons of our collective little or no comment to his job. monday i went into the company illegally. with spf menendez could get accepted an offer on the rector of the national autonomous university of hunter s a at institution of higher education that has eighty three thousand students it is of the university responsible for the most petite and knowledge in the country. it used to love the university works with young people mostly and hunter s my country has a great safety problem ask young people are the ones who suffer the worst day of the victims of violence. the murder rate in honduras is quite tight and so we have a coalition that includes victims of crimes mothers who lost their children and we are working for having criminal investigations have no impunity and to strengthen the rule of law. it's the most from a humble forget he added that the assumed to be done. what the afp gunmen were the last people to support the mosquitoes carry the two. i can spread a first of all we mu

we will hear from honeywell later today.ears a bit, michael lewis's flashpoint shed a light on the world of high frequency trading. now the attorney general of new to fixsuing a subpoena the high-frequency trading firms. what has been going on here? ofe us the big picture here who the subpoenas are going to. what exactly they're looking for. >> this is an important step in the investigation of high-frequency trading. the subpoenas have gone out to six high-frequency trading firms. what that means is there soliciting information to look at various things. it one thing we do know is they're looking at, what special agreements do these firms have with exchanges? it will be interesting to see how this case evolves when some of that information starts getting pulled in and they start going through it. what do we think is wrong with hft? >> in reaching out to these firms, do we have any idea if they are cooperating with the investigation or how quickly this information is going to be turned over to investigators? >> once they get

honeywell had 15 times forward earnings with a 2% dividend yield. got exposure to aircraft and auto and construction, residential and non residential. the industrial theme will continue. >> you and i remember a time when we spent all weekend talking about stocks. is it such a changed world, including geopolitics in ukraine? >> the geopolitical factor cannot be ignored right now. that is a pressing matter for the market. i think it is very difficult to say i am only going to focus on stocks. you have to look at the macro situation, whether it is geopolitical or what is going on in china or japan. all these factors influence the global economy. the market maybe are not perfectly correlated but they are connected. >> does that mean buy american? >> the u.s. has the best demographics of the best growth story. the emerging markets do not have a good story. >> to what extent are executives looking at what is going on outside the u.s. as they rush to strike deals or go ipo? >> they have a big cash toward overseas and the u.s. will not let them bring it bac

. >> foreign minister sergey lavrov telling ministers -- honeywell chairman ceo david cody will tell us his five-year plan for double-digit earnings growth. and a producer who has run some of hollywood's biggest studios will speak out about his latest project. and as we go to break, take a look at this. this is during the celebration of the easter sunday mass. more than 150,000 people jammed st. peter's square as he made his way through the crowd. ♪ >> this is "lunch money" on bluebird telling where -- bloomberg television. you can also watch us streaming on your tablet, phone, and on bloomberg.com. we are also on apple tv and amazon fire tv. earnings.beat ceo david cody explain why to trish regan. a long time like ago, but we started last month a new five-year plan where we said we would have double-digit earnings increases. it is not the easiest environment to do that in, but we have done a lot of seed planting. you have heard me use that phrase a lot. whether it is technology, geography, processes, we tried to not just make this quarter but make sure we are doing the seed planting

news corps founder rupert murdock was third, honeywell's ceo and emmer son electric ceo round out the top five. >> well, i hope you know, tomorrow is tax day. it could be a very good day for some of us because americans have left a total of $760 million in unclaimed tax refunds going back to 2011. they do expire tomorrow f you think you're one of the lucky people who did not collect your full refund you have until tomorrow to do so. we have posted a link to check on our web site, abc7 news.com. >> a tech company come up with a way you can pay. the claim is that it will help eliminate fraud take a look. it's different. a start up in sweden kwauled quickster just let's you pay by placing your palm on a scanner the pulse wallet uses pattern of blood vessels in your hands to identify you. you type the in last four dick yits then post your hand on the scanner. it's only available in sweden. they're assuming i have money. i'll put my hand out. >> no matter how you pay, the cost of beef is sky high. $3.55 a pound for ground beef. prices for staples such as milk, butter and eggs are going up

honeywell ceo coming in at number four, and emerson electric's top guy rounding out the top five. not all the corporate ceos are making this kind of go. the average ceo at the company last year, around $14 million. that is according to the "new york times" article. they are sourcing a site called equalar.com. ceos are paid, a lot of it is commensurate with their stock performance. >> how about ceos of media companies? >> now we are looking at a separate gauge. we are not looking at the "new york times article -- "new york times" article. we are looking at the s&p media index. cbs, $66.9 million. 100as not part of the companies surveyed earlier. bob iger showing his face again, disney, 34.3 million dollars. it's worth mentioning that less questioning are not that. they make most of their money from advertising and also subscriber fees for their cable, as well as for satellite. his pay rose 7.7% last year. among the companies on the s&p a look at howtake cbs's stock is doing compared to the overall s&p 500 benchmark. it's pretty impressive. this is a white line, up some 30%. this is

we partner with honeywell with others available on the market. many have that device, but this device is really unique because in our service territory we have over 6 million window air conditioners. and you can't use central air thermostat with that, so we partnered with a company called vink echo to develop this smart ac modulate. you plug your ac unit into this and it connects to your wall and the wi-fi system, and you can use them while in the home to raise and lower the temperature. but it also communicates to your smart device, so your android, iphone, ipad to set the program for your air conditioner and change the temperature in your room from wherever you are. >> okay. let's start with the presumption you just said is that people at home are saying, wait a second, why would someone want to sell less energy, isn't that how they make their money? >> because we are a wires and pipes company and all revenues are decoupled from the amount of sales we have for electric and gas systems. it allows us and puts us in a position to help customers be

basically once it's identified and they find the black box and it's identified, it would go back to honeywellcturer of the black box -- >> which is in the united states? >> yes. and they would interpret all that information. it's basically it's own specific data that has to be interpreted. >> irrespective of who brings up the black box, assuming this ping is from the black box and assuming that that black box is from 370, it comes back to the united states for interpretation? >> yes. very interesting. >> or their experts would go to where the black box is, i would assume. >> kyle, thanks so much for that information. >> thank you. >>> coming up, if wreckage is found, it could be miles under the surface of the ocean. how is it brought up? those details are next. >>> and right after "justice" tonight at 10:00 p.m., a special, fox news reporting "enemies of the state." we'll be right back. become very popular. because when you buy the new samsung galaxy s5 on verizon, you get a second samsung galaxy s5 for free. so, who ya gonna give it to? maybe your brother could use it to finally meet a girl.

wanted to know if it was a trend and we crunched the numbers, altria, and since become knocked out honeywell under 63%. so i guess, mandy, the question is this -- is being booted out the reason they're up? probably not, but there is something more to our thesis? why don't we find out? >> let's bring with us peter boockvar, and herb greenberg is on the phone. peter, what do you think? >> there is something to it, because you know the dow jones indices will kicking out only after a long year of underperformance. therefore historically that sets you up for a period of outperformance. this all said, usually they kick out the stocks with the lower priced on an absolute basis, bring in the higher priced stocks, and then they -- >> so at the end of the day they're ticked out because of price, herb. i think you called the technical term a has been or value stock. >> it's almost a popularity contest. that's why when companies go into an index, they often pick the companies that have just hit a trend. the momentum has been great, so i look at it and just say -- i would suspect peter would agree, it's

. >> they dealt with the manufacturing issue, whether it's honeywell or boeing.ers are trying to find out exactly what happens. they're looking at the fact the beacons didn't go off. some of your experts said the fact it crashed into the water at such a high speed, there's a good likelihood it did not work because they were damaged upon impact. >> i understand there were so logical explanations. why one or two, maybe even all four of them, worked. it does raise, you got to admit, a lot of suspicions. >> it's part of a whole picture of a lack of clarity, a lack on the part of the malaysians. an unreal expectation on the part of the australians that they were going to find, you know, this plane quickly and it's left the family members in a very difficult situation. >> those family members, our hearts obviously go out to all of them. they want to at least have some information, for example, what was the inspection records of these transmitters, these beacons, when were they installed? did they have it is a prop party battery power, life expectancy? were they on boar

at&t is teaming up with honeywell to launch in-flight service. the service which could be available late next year smoother and faster web access using 4g wireless network. g go-go has already installed equipment on planes. futures are high after a see saw session on monday. stocks rallied at the open, fell mid-day and recovered by the close. pfizer leaving the gains on the dow a new takeover bid for rival drugmaker astrozen cu. the dow raising 87 points to 16,448. the nasdaq slumping one point to 4074. back to you. >> courtney reagan, thank you much. >>> anxious to check in with meteorologist christina loren. a warm up starting today. >> very warm. >> very warm. >> and what a difference a day makes, as well. yesterday was really nice. little warm by some people's standards. as we get into this afternoon, i think hot by many of your standards. temperatures this morning pretty mild to start the day. 40s and 50s and i wanted to start by showing you this spectacular shot over san jose. you can see that moon starting to set, the sun will rise. we'll

honeywell's david, his total package up 56% after his firm racked up a 47% increase in total shore return21st simplery fox's rupert murdoch. his salary of 8.1 million is the largest among the top 100. and bob iger, the pay actually down 7% from 2012, even though the total return chose 29%. >>> lastly, you guessed it oracle larry ellison, whose options awards made sup most in the total pay for the year. the software company's board continuing to ignore the wishes of the shareholders who twice voted down mr. ellison's pay package with a no. so with average pay coming in unchanged at 14.6 million. of course, a lot of this rise should be expected given the big jump that we saw in the stock market in 2013. keep in mind that 56% of their pay is tied to their stock. so when you see an increase, you can see a corresponding increase in ceo pay. the bottom three on this list, interesting to note. steve balance mer with 1.2 million. warren buffett and larry page, who only earned a dollar in salary. >> yes, but don't feel badly, he is one of the founders so -- >> >>> and also won the america's cup. >

you talk 3m, other names, even honeywell which maybe didn't have as strong a quarter as some analysts wanted them to have. at least made it to the upside now. also like you said, technology, yes, it's being weighed down, but here is a bright spot, and it's the semiconductors, specifically certain areas of the semiconductor market like in flash memory and whatnot. sandisk certainly higher on its earnings number, helping put a bid to other companies like taiwan semiconductor. you talk about other names in that space. that's the reason why you're seeing that move there. but overall, traders are telling me at least down here, you're getting the sense there isn't that much conviction to go out and buy the market. remember, there are still geopolitical concerns. so melissa, brian, very much of a day of at least quiet trading for now. we'll see what happens into the close. back to you. >> thanks so much, dom chu. >>> we want to talk about the bond market. rick santelli is at the cme with more on that. rick. >> reporter: well, it was interesting, wasn't it? now let's put a couple of things in

it tried with honeywell a couple years ago and it didn't go through.ople familiar that they have been eyeing up alstom, building an engineering powerhouse. the timing is right. economy is turning around. the government wants to put money into rail and infrastructure. this is something they are very good at. turbines, wind turbines. power transformers. this is where the money is meant to be spent. >> money spent overseas means you don't have to repatriate it to pay taxes. the timing looks good for alstom, doesn't it? it went through a difficult financial crisis. >> it did. the shares are down. there is plenty of competition from china, particularly when you look at wind turbines. they are having to sell assets and cut costs. they have a huge debt mountain. this is not a company that has fared particularly well whereas g.e. is. 46% of their sales is in therm owe power. 1/3 in transport. it is not a leader in many areas. it is a leader in turbines for dams. everyone wants to be a top ranking company. >> novartis said you need to be one, two or three in wh

the news there is intent to move forward by at&t and honeywell into 2016 expected by late 2015.emoths moving forward, it could take a bite out of gogo. i have friends who have moved from new york to austin, texas, for tax reasons. stuart: i hear it all the time. we thank you very much indeed for being with us. all-star nfl wide receiver wes welker played with two of the sport's greatest quarterbacks, peyton manning and tom brady. which is the best? we will ask wes welker that question after the break. weekdays are for rising to the challenge. they're the days to take care of business. when possibilities become reality. with centurylink as your trusted partner, our visionary cloud infrastructure and global broadband network free you to focus on what matters. with custom communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. every day of the week. centurylink® your link to what's next. [ chainsaw buzzing ] humans. sometimes, life trips us up. sometimes, we trip ourselves up. and although the mistakes may seem to just keep coming at you

united technologies better than expected, honeywell, inger sol rand not better. but extremely better than expected. emerson orders this morning, trailing orders 10%. only company in the industrial sector that did not deliver was lockheed martin. >> we know what the pentagon is doing. >> and frankly australia put in a big order last night for planes. our allies will have to start ponying up and that's what lockheed martin is about. >> let's do p&g. beat business 3 cents. volume up 3. not quite what kimberly did. beauty flat, baby is flat. if it hadn't been for fabric and health care might have been tougher. >> my trust owns this. disappointing frankly. i expected more from proctor. kimberly quarter was -- at least they're giving you split off. proctor will not do anything. it has a good yield. kimberly probably not going much lower. these are companies that are expensive. valued at 17 times earnings. general mills up 19 if you want to go food. these are valued at expensive prices because interest rate don't go higher. is there anything -- i mean my trust looked at

so, for example, general dynamics and honeywell are two of the very large national footprint firms partnering with the youngstown hub. universities from arizona state to florida state are collaborating in the wide band gap semiconductor work in raleigh, north carolina. researchers from the university of kentucky, university of tennessee, notre dame and ohio state are partners with the hub that's in detroit. and there are researchers from boulder, indiana, notre dame, u.t. austin and wisconsin who are partnering with the hub in chicago. what are these hubs? just some diffuse academic team that shares names and a little bit of data with each other? no, if there were, for example, to be a hub in maine on composites you'd find researchers at the university of delaware who have done great work on composites and companies doing work in composites partnering with the fundamental research being done say hypotheticalally at the university of maine and learning about how to deploy that new technology in ways that would benefit the local work force and local manufacturers. that's why there's so much lev

they once tried to get together to merge with honeywell and they did it back in the u.s.e eu scotched the deal. so ge does need to think carefully about whether they want to go through this one, but maybe there's big stakes at hand worth it. >> the other interesting angle for me is the fact that the germans are looking at this with france and looking at the german offer with open arms. you have seen the franco/german alliance as nothing to write home about. >> i think siemens very clearly wants to keep ge out of this one, but i think that deal could be harder to get through than the ge deal with two major european players, both dealing with the monopolies and antitrust issues when trying to put two major european players together. >> on two different fronts, in particular. you're staying with us, scott, we'll come back to discussion in a bit with so many other deals to chat with you about. >>> let's show you what is coming up stateside march, home sales are r risen up 1%. we'll also hear from the insurance provider, lowe's, general growth, herbalife and buffalo wild wings

honeywell's david cote earning a hair more, $25.4 million up 56% after his company racked up a 47% totalreholder return in 2013. a perennial on the highest paid list, rupemurdoch. his salary of $1.8 million is the largest among the top 100. disney's bob eger checking in at number two. $34.3 million fell 7% even as the media giant's total return rose 29%. and topping the list as he's done in the past, oracle's ceo and founder larry ellis son. his $77 million option award made up most of the $78 million in total pay he took home last year. the software giant ignoring shareholders who say no raise in pay for two years. the average pay among the 100 coming in unchanged at $14.6 million. the rise in medium to be paid to be expected given the 30% rise in the stock market last year, keep in mind about 56% of their pay is tied to the performance of their stock. one notable name on the list is larry page, co-founder and ceo of google. he was paid least among the companies. his salary, $1 a year. keep in mind, this is not the list of the highest paid ceos of all companies. regardless of size, that

the assistance of the federal aviation administration and the manufacturers, whether it's boeing, honeywell ge. we have a lot of partners who come along with us around the world. the 13 guides who leads the investigation of the country of the occurrence of the accident is the first lead, but if the accident doesn't occur within territorial waters or on land, it's the country of registry of the aircraft, which in this case is malaysia. annex 13 has served us very well over the years. it's allowed us to participate in a lot of foreign accidents, and it's also about other countries to come to the united states to help us, whether it's bombardier from canada, airbus from france. we have enjoyed the benefits of international cooperation. aviation knows no boundaries. safety issues are international issues, and we all work together to try to find the answers. we have a good framework with icao annex 13. is the room for improvement? there's always room for improvement, and that's what people will work on in the coming years, i am certain, as the genoa summit and the safety weeks in icao to figure

alliedsignal, honeywell and everything else.hat was the eu. >> yeah, well, mario, monty, he's italian. seems european to me. in the last 10 years, though, g.e. has done 50 deals that have been approved by the eu with a total value of $25 to $150 billion. they have joint ventures already in france. >> they are clearly willing to hold their nose on french politics. >> they are. they are. the deal in this country is probably not as bad as in france. >>> coming up, president obama set to announce sanctions against russia. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ what is this place? where are we? this is where we bring together reliably fast internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vo

honeywell's david cote earning a hair more.4 million up 56% after his company racked up a 47% total shareholder return in 2013. >>> a perennial on the highest paid list, rupert murdock earned $26 million along with the highest ceo, the salary is $8.1 million. disney's bob eiger checking in at number two, $33 million fell 7% as the media giant total return was 29% and oracle ceo and fonder larry ellison his $77 million option reward made up most of the pay he took home last year. the software giant voted no executive pay two years in a row. take a look at this, median pay rose 9% to 13.9 million. the average family coming in unchanged. the rise in median pay to be expected given a:30% rise in the stockmarket last year. keep in mind about 56% of their pay is tied to the performance of their stocks. one notable name on the list, larry page, co-kounder of google. his salary a dollar a year. keep in mind, this is not the list of the highest ceos of all companies, that list will be coming out in the summer. published by the fork time

hundreds of parameters in the honeywell model inside this boeing 777 malaysia 370 to tell you the pitchal information. also another black box, also orange, similar design, that tells you all of the audio recordi recordings. the last two hours from the cockpit recorder which has its own pinger. if it is a pinger, it could be from either one of those two black boxes. >> our retired navy captain chip mccord, we go back to you and we talk about how challenging this is to try to find anything, specifically this black box. i hope you can walk us through it. we were talking earlier, you have the ground-based robots. this is an underwater robot. you have the ground-based robot. they have the surface and that's it. that's all they deal with in that space. you have the underwater robot. it has extreme pressures. can you walk us through the technology? >> sure. when you are looking for the pinger in the towed pinger, the u.s. navy provided. they are towed behind the ship. they want to get down deep to get below any thermal layers of difference of temperatures and that could affect the propagation

is never going to go out of fashion and what i love about this, david, this company spun off by honeywell years ago, has just been without a doubt one of my favorite companies i've written about in many books. this company is what i look for. i look for a company that is nonstop motivated to making you money. atk. >> we're going to talk about a lot of other stocks and don't forget brian robert, meg whitman, howard schultz, all coming up on the big show, opening bell after this. to prepare our kids to compete main today's economy?way woman: a well-rounded education that focuses on science, math, and career training for students who don't choose college. man: and that's exactly what superintendent of public education tom torlakson has been working on. woman: because every student needs the real world skills for the jobs of tomorrow. man: torlakson's career readiness initiative is helping schools expand job and technical training across the state because it makes a difference. woman: so tell tom torlakson to keep fighting for the career and technical training our students need. female announ