hoveround replaced the legs. and now every hoveround comes with this handy tote bag and cup holder for access to your favorite items. and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. [singing] hoveround takes me where i wanna go. call or log on to hoveround.com to find out where a hoveround can take you! >>> welcome back to a bizarrely "mad money." i am trying to teach you life lessons from investsing from my life. i have stumbled around the stock market long enough to learn a thing or two. tonight you're getting some of that wisdom from the school of hard knocks. don't you always love it at the beginning of a football game where snef the player say his name and school and some players say the school of hard knocks? that's what i attended when it came to stocks. you're getting the online version right here, right now. the greatest game, stocks & bonds with its stock certificates and its game board and all the little cool doodads. what would send a stock highe

hoveround replaced the legs. and now every hoveround comes with this handy tote bag and cup holder for access to your favorite items. and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. [singing] hoveround takes me where i wanna go. call or log on to hoveround.com to find out where a hoveround can take you! >>> i want to tell you about a tool that can help you make money quickly but also carries a certain amount of risk and can be trouble if you don't know what you're doing. investing in initial public offerings, ipos. it's impossible to ignore the ipo opportunity that is presented themselves in the last couple years, including the deals. many have gone to a premium and are red hot from the moment they are born and others that fizzle from the opening bell. these are led n particular, by technology and social media names. which have been led with exceptional hype and not enough. hype doesn't begin to surround the buzz. maybe hyper-hype for a company that does, in

hoveround replaced the legs. and now every hoveround comes with this handy tote bag and cup holder for access to your favorite items. and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. [singing] hoveround takes me where i wanna go. call or log on to hoveround.com to find out where a hoveround can take you! >>> now that i've heard from the bulk of companies reporting for this earnings season, who do you think had the best conference call after the quarter? on a day where the market's roaring to new high, i think this is an important question. because it can tell us what stocks deserve to keep going higher still. and i have to tell you, the best call of the quarter, it was none other than -- facebook. fb, facebook. which was actually, and may i say, stupidly down today. yep. facebook. i'm regarding it as the strongest story of the season. you know why? facebook is a company that doesn't want to buy back its stock or pay big dividend because the opportunity for gr

and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. call or log onto hoveround.com right now! . >> apology not accepted. democrats wasting no time blaming the massive oklahoma twister on global warming. >> the hurricane swamps alabama and wildfires scorch texas, you come to us. the rest of the country for billions of dollars to recover. and the damage that your polluters and deniers are doing doesn't just hit oklahoma and alabama and texas. >> senator sheldon in the white house making that statement literally seconds after the deadly twister hit. he said he is sorry, but you say taxpayers will be sorry if democrats get their way. >> this is straight out of the book of rahm. never let a crisis go to waste. al gore is quick to blame any natural catastrophe which is terrible on man made global warming. it's argument through emotion. don't you care about these people? if you do, you will pass these laws and regulations that are anti-man. thank god for gasoline and oil to clean up the mess from the devastation. the greens have been wrong o

hoveround replaced the legs. comes with this handy tote bag and cup holder for access to your favorite items. and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. [singing] hoveround takes me where i wanna go. call or log on to hoveround.com to find out where a hoveround can take you! [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >>> welcome back. time for the upside call, where we look back at winning trades and give you the next move. two weeks back, mike and carter bellied up to the global phenomenon that is simply called chipotle. they made a lot of money and here's how. on "options action" it's how we make our traders sizzle. risk less so we can make more and that's just what mike and carter did with their bu

and right now, get this limited edition hoveround america travel mug free with your hoveround delivery call or log onto hoveround.com right now! >> neil: kids take a hike. more colleges are finding out the hard way they kept upping their tuition and guess what? kids and their parents now saying up yours. and moving on to cheaper campus pass -- pastures. now the schools arein trouble. this has not hppened at the ivy league schools. so ben is a pointless person to toss to. but what do you make of this, ben? >> i make of it thathere is lot of kids in college getting high and partying and not learning anything and if your parents are paying a fortune for you to get high and partying not learning anything, you should be at work in the salt mines. but if kids auay go to college and work, then tuition turns out to be a bgain. it's entirely dependent on how much effort the student puts into it. but on the other hand, college expenses and salaries to professors who work very few hours a week are insane. >> neil: ben, thank you for keeping that strong for us. we appreciate it. adam, your thought

hoveround replaced the legs. now every hoveround comes with this handy tote bag and cup holder for access to your favorite items. and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. [singing] hoveround takes me where i wanna go. call or log on to hoveround.com to find out where a hoveround can take you! >>> what's the best breakup song? i had a lot of good contenders, maybe a class like marvin gay's heard it through the grapevine. bill withers singing ain't no sunshine when she's gone and maybe something more contemporary that i find popping up in the first 500 songs of my itunes, "wide awake," katy perry who i saw, but was too afraid to go up and ask for my picture. for my money and that's what this show is about is money, the best breakup song are all written by health care companies that have gotten too big for their own good. you don't see them at the top of itunes. don't think they're not happening. i'm constantly promouth the idea that companies can unlock

and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. call or log onto hoveround.com right now! neilmaybe u don't like it, maybe you're taking things personally. >> but they are taking away his@ deal. they suld've done it themselves. >> they could have done it themselves. and i think it's too late. i really think a new management team would make this deal a lot more profitable. >> this is both business and now it is personal. telling you a short time ago that this is something that is not quitting and we wonder how michael dell and his cohorts could dismiss it so easily. maybe it is personal. would he make of this? >> is essentially saying that he sees value in he told you exactly where the value is in jail. he talks about an enterprise software business. he also said here's what his plan is. he would break it up and sell it to microsoft or hewlett-packard. we have seen this in the past with time warner he got in a fight there, and the other story is motorola in 2007, but you should basically be more about the patent business. >> he doe

and right now, get this limited edition hoveround america travel mug free with your hoveround deliveryg onto hoveround.com right now! ♪ dennis: a mile wide tornado has hit oklahoma wreaking havoc on property to up property in sending emergency vehicles to troubled areas. neighborhoods are flattened. see a neurologist joins us on the phone. is the danger over or are these tornadoes still going on and ca form? >> they can form and into the evening hours. it will back down a little bit. there is a second time late night that carnatic activity reaches another peak between tw and 5:00 a.m. the further east in this particular case. we see that happen from time to time and it has to do with what we call the biometric pressure in the atmosphere. you see that sometimes in this may be a case where people further ease may have to be concerned, but this outbreak is late in coming because there ha been so much cold air around an asia stop the tornado season dense tracks. we are finally getting a lot of heat into the butter -- weather pattern. this is much like a week before labor day, hurricanes, w

and right now, get this limited edition hoveround america travel mug free with your hoveround delivery right now! the one a rowing number of labor unions turning on obamace. among them is the united workers international. they are worried now about the impact of obamacare. also the united workers is another group that is calling for the repeal of obamacare. the 1.4 million member union that is callingfor changes in obamacare. joining us now is the "a-team." analyst lis wiehl and hank sheinkopf and senior editor john fund. lis wiehl, let me start with you. lois lerner will be before the house oversight committee. >> absolutely. you don't take the fifth amendment unless you think you've done something wrong. they won't advise you to that unless you have a problem. >> the plans were thwarted and delayed. the donors were scared off. lou: here's what it meant for the election. >> there were voter suppression charges in the last election. they supppress the vote. they suppress the tea party, they uppressed get out the vote efforts, all kinds of groups that would have involved this. that may

hoveround replaced the legs. and now every hoveround comes with this handy tote bag and cup holder for access to your favorite items. and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. [singing] hoveround takes me where i wanna go. call or log on to hoveround.com to find out where a hoveround can take you! >>> malaysians will be at the country's polling sectors. a close race is predicted as the ruling coalition tries to stave off a challenge from an war ibrahim. we're joined now by adam. just how close is this race? >> to be honest, it's a very, very close race, in fact, one of the closest races in malaysian political history. bear in mind the ruling coleg had been in the driving seat with the administration for more than five decades. according to the latest opinion polls, the support has slipped down to about 49% and approval for the opposition up to about 43%. so we've got a swing of about 9% out there and it makes it very, very uncertain. the stakes in this

and right now, get this limited edition hoveround america travel mug free with your hoveround delivery.com right now! liz: "countdown to the closing bell"g you the latest in jcpenney's pilgrimage, drama, effort for getting customers back into its stores. the embattled retailer is now saying thanks for coming back. so this is barely two weeks after it rolled out a nationwide apology ad campaign for disappointing shoppers. so now they're saying in just two weeks everybody's back? the new ad might seem a bit premature considering jcpenney has a steep hill to climb to recoup $4.3 billion in revenue it lost in 2012. here's the commercial. ♪ >> at jcpenney we never stop being amazed by you, so we brought back the things you liked about jcpenney, gave you new things to explore, and now we're happy to say you've come back to us. we're speechless, except for two little words -- liz: where's the data on that, you all came back to us? i don't mean to be mean, but, you know, we're journalists, we're asking these questions. so we reached out to jcpenney for comment asking why it thought now was a g

and right now, get this limited edition hoveround america travel mug free with your hoveround deliveryeround.com right now! >> all right. breaking news on obamacare. john boehner, mitch mcconnell, republican leaders in congress sent a letter to president obama and say they will not submit recommendations to an obamacare advisory board. they don't think the board should exist, they don't think that obamacare should exist and if you like obamacare underpressure, maybe unravelling. >> the ipo hit the first time today. they say they've helped to develop and commerciallize the top 50 selling drugs in america and that stock ipo today is up 9%, 43 right now. and there's this. mcdonald's says it will reach out to the man who helped rescue the three women held captive for a decade in a home in cleveland all because he told several news sources he was eating mickey d's before the rescue and now an l.a. times columnist is calling mcdonald's out for exploiting the situation and quote, it is of course a shameless move on mcdonald's part to grab a piece of the publicity surrounding this incredible a

and right now, get this limited edition hoveround america travel mug free with your hoveround deliveryright now! >>> good morning. the irs scandal, key officials set to testify before congress today. in corporate news, jcpenney, what? a bigger than expected loss. >>> and then, asking investors for patience. and facebook marks one year since it went public. it's friday, may 17th, 2013, and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. i'm andrew ross sorkin along with joe kernen. michelle caruso cabrera is in for becky who will be back on monday. the u.s. equity market, it's on track for a fourth consecutive week of gains. comments about fed officials about tapering the bond buying program in the coming months. take a look at futures this morning. going to flip that screen around there. dow jones, look like it will open up about 48 points higher. nasdaq up about 5 points and the s&p 500 up about almost 5 points, as well. if you're following the money in this rally, equity funds now attract $8.9 billion in the weekended wednesday. that compared

and right now, get this limited edition hoveround america travel mug free with your hoveround deliveryight now! cheryl: time for your westcoast minute. residents have once again said no to fluoride in their water for the fourth time since 1966. failing after opppnents found themselves in a heated battle that resulted in millions of dollars being sent to. the only city that does not allow. going to manage a three and a half billion dollar gambling operation in the bahamas. the resort is currently under construction and is being built by a chinese developer with financing from a chinese bank him. all of the former executives have extensive experience in developing operations which may have one of their appointments on this new project. take a look. a stock that for years has the solid performer and is today up $0.40. los angeles has a new mayor. city councilman defeated comptroller getting 54 percent of the votes. a democrat, promising to increase jobs and pass up streets, also making history, b the way, becoming the city's first elected jewish mayor. he will take office on july 1 st. hi

and right now, get this limited edition hoveround america travel mug free with your hoveround delivery hoveround.com right now! >>> if you've just tuned in this morning stateside, that is a sea of red. just around ten stocks that are in positive territory. the rest are down on session lows at the moment. it follows a 7% fall overnight in the nikkei japanese stock market. it all started after the comments from mr. bernanke which pushed yields up. then we saw weaker chinese pmi data and that added to things, too. and it's also because stocks are up at pretty much fresh record highs up, as well. still with us exclusively, ben broadbent of the bank of england with me in the studio. good to have you. we've seen -- in the recent data. we saw an inflation report, growth forecast are better than we thought. inflation numbers are have come down. do you view that -- there's two ways to view that. one is that, okay, we don't have to do more now. or you could view it as inflation going down. we have more to do. >> ultimately, we target inflation. and we also have a remit that allows us to pay cons

and right now, get this limited edition hoveround america travel mug free with your hoveround deliveryom right now! >>> welcome to "worldwide exchange." i'm karen tso. these are your headlines from around the world. on a third straight day of volatility in japan as the boj ministry receives skepticism over the boj's inflation target and concerns about the jgb finance. >>> angela merkel and mr. chang warn deputies must be avoided regarding trade. >>> apple's original computer, one of them, sell for $650,000. this as the eu investigates apple to determine if they're unfairly squeezing its competitors. >> announcer: you're watching "worldwide exchange" bringing you business news from around the globe. >> this is the latest look at how european markets start performing for the monday's session. we have gains across the charts and we seem to be holding around these levels. now the uk market is closed for public holiday today and the u.s. is taken out of action for memorial day. so across the charts, we are seeing a push higher for the xetra dax. about 0.6%. the market has come off some of i

and right now, get this limited edition hoveround america travel mug free with your hoveround deliveryound.com right now! >>> if you've just tuned in a recap of the headlines. eurozone economy shrinks more than expected in the first quarter. it's now the longest recession on record. the nikkei rolls to a fresh 5 1/2-year high as the bank of japan scrambles to stem a rise in long-term bond yields. >>> and as uk jobs growth instituters, mervyn king gets set to deliver his final quarterly inflation report kicking off in around 28 minutes' time. >>> u.s. stocks close at another record high, but does this rally have even more legs? we'll talk about that in just a moment. l go. this is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software conne

hoveround replaced the legs.nd comes with this handy tote bag and cup holder for access to your favorite items. and right now, get this limited edition hoveround america travel mug free with your hoveround delivery. hoveround takes me where i wanna go. call or log on to hoveround.com to find out where a hoveround can take you! >> it's time for more real life. ♪ >> everyone has different strengths and weaknesses when it comes to job skills. one person might be more personable and better at working with the public, while another is more analytical and better at researching on a computer. finding what position an employee is best suited for is one of the jobs that people working in a company's human resource department do. gracey visited fifth third bank and met up with the human resources director kim fite, who filled her in on some of the things the hr department does. >> we're here with kim fite, human resources director. kim, what exactly is human resources? >> human resources consist of a number of different fu

and right now, get this limited edition hoveround america travel mug free with your hoveround deliveryg onto hoveround.com right now! >>> welcome back to "squawk." tim bush is head of governing and financial analysis in london, pirc is calling for the split of the chairman and ceo rolls. good morning to you. >> good morning. >> so here's the question, is your decision to push for a split a referendum on jamie dimon the man, the ceo, or is this a larger governance story. today when you hear stories that he's considering resigning, it changes a little bit of the equation of how i think some shareholders consider voting. >> the past six, seven years has shown that jpmorgan is one of the most competently banks run in the world. >> why push for that? >> the chief executive is employed by the board and the job of the chairman is to run the board. a problem runs if you have a joint chairman chief executive. you can get to a decision where there's a lack of confidence in the chief executive, the chairman should be able to be there to lend support but also if necessary it's the chairman that ha

[singiinng] hoveround untakes m. call or log loon to hoveround. find outt where a hoa veround can take >>> >>> you're watching today's edition of "worldwide exchange." we'll talk in brussels. >> we went through a difficult period and we have determination and commitment that we shall get out of it. >> the nikkei went to a 5 1/2 year high up to 47. big boxes are reassuring their customers. plus, china's industrial output is clouding the recovery outlet. the world's second biggest economy. >> announcer: you're watching "worldwide exchange" bringing you business news from around the globe. >>> all right. welclcome to the start of anoth week here on "worldwide exchange." plenty to get to. we're looking at politics in pakistan. sharrif has started talks to form a new government after a wider than expected victory for his party. the contest is being clouded. >>> london takes it hard. they say glenko has hundreds of small takeovers. >>> and the bull market has recent debt sales. they've warned the good times might be short