i'm joe kernen along with becky quick and andrew ross sorkin.headlines, blackberry's ceo says sales of the company's new blackberry 10 are running faster than expected. he says the company has increased production to keep up, but blackberry says it does not want to publish sales figures for the new smartphone until it has observed the trend in sales a bit longer. is that a smartphone? >> it's like your iphone. it does most of what your iphone does. >> fast? >> you could say it does some of it better, actually. >> like what? >> the typing. the type sg 10,000 times better. >> even on the screen? >> even on the screen. if the iphone could have a keyboard like the blackberry, the game would be over. >> is it bigger? >> it's slightly pig bigger, but it predicts the text in a totally different way. the iphone is awful. it's out of control. >>> it's a software thing. >> ah-ha. all right. >> you like to feel the keyboard, right? >> yeah. but they're going to have a keyboard in the next version. >> okay. we're going to go across the pond again. this time

i'm becky quick with joe kernen and andrew ross sorkin.ures are higher this morning up by 25 points and s&p futures up by 23 points. our newsmaker of the morning is comcast. we have the ceo of that company buying the rest of cnbc's universal general electric for $16.7 billion. shares of both companies jumping on the news. ge's history with broadcast media goes back to 1919 when the company formed radio corporation of america in turn created nbc. comcast spending an extra $1.4 billion to buy nbc's real estate at "30 rock" feller plaza in nbc and cnbc in new jersey. we will be speaking to comcast ceo brian roberts in a few minutes about this deal and future of media and earnings also out this morning. >>> we also have interesting moments from last night's state of the union. when the president spoke about bringing overseas jobs back to the united states. >> after shedding jobs for more than 10 years, our manufacturers added 500,000 jobs over the past three. caterpillar is bringing jobs back from japan. ford is bringing jobs back from mexico

i'm joe kernen.ick and andrew ross sorkin with us on set this morning. >> just won a grammy last night. >> i know they did. they used to be someone i thought was cool. because -- >> grammys -- >> have you unlessed that -- have you noticed that -- i got it, never mind. the grammys have an award. they're all the same but it's a big money-making complex. everybody that they want to promote will get some grammy because album of the year, song of the year, group of the year -- >> urban contemporary band of the year. -- vocalist, with a banjo, everybody wins a grammy, and then because it's tough to make money in that business now, andrew. >> it's like little league. >> this morning we're with paul mcculley from the global interdependent center a former portfolio manager at pimco. and howard dean former vermont governor, also dnc chair and a cnbc contributor. probably -- is that on the top of your resume now? >> absolutely on the top. >> more from them in just a minute. first andrew has headlines. >> surpri

i'm becky quick along with joe kernen and andrew ross sorkin. and we are past the point of no return. we have a rocking lineup for you today. kelly king, the bb & c ceo, roche ceo chevron swan and houston texas owner robert mcnair. we have matt shattock. we're going to be covering jobs in the market. vince reinhart will be joining us. and what is a jobs friday without a little shot of rock and roll? kansas is celebrating 40 years in the music business. it has been a very changed scene over those 40 years. we have the founding member, drummer and band manager phil e. hart. andrew, obviously, we have it all today. we do, we do. it's great to see you, becky. joe mentioned stocks are off to a very strong start this year. if you believe in the january barometer, it's a great sign for the bulls. the theory satsdz that the s&p direction in january sets the tone for the next 11 months. the s&p ridesing more than 5% for this january. the transports, by the way, even stronger with a more than 9% gain. the nasdaq also positive, up 4%. here are a few stats

i'm becky quick along with joe kernen and andrew ross sorkin. our guest host this hour is sentinel president and ceo christian swake. good morning. thank you for being here and joining us. as you said, it is a good day to here be here. we've been watching the u.s. equity futures because of all the actions yesterday. this morning, you did see a few green arrows, but no massive move at this point. the magic number is 14,164.53. that is the record closing high for the dow. it was reached back on october of 2007. the bulls -- a number of catalysts for monday's sharp sell down. some are calling this the bernanke bounce. the stocks soared after the two-day testimony on capitol hill. >> the evidence thus far is that the housing market is hit the bottom and is recovering. we've seen rising prices over the last year or so. we're seeing some significant increases in starts. and sales. foreclosures are still too high, but they're coming down. the number of people under water on their mortgages is coming down. so we're still far from where we would like to

i'm joe kernen along with andrew ross sorkin. becky quick is off today. host this hour is cliff horso, cut water asset management who manages $30 billion. >> $30 billion. >> if you could just skim a little, no one would know. how much do you have on you? >> how about that. >> how much do you have on you? >> i think i've got a buck or so. >> it's a nice suit. the people that give him 30 billion to manage don't want to see him -- >> exactly. >> our top story, the global markets and european uncertainty in italy -- i'm just happy this dude is back. sylvia berlusconi, center left rivals won parliament's lower house, but they failed to win an absolute majority in the upper house. he argues the election results reflect popular dealership discontent with the austerity measures and that's the problem because the country has to institute certain things to make good on its promises. which allowed it to borrow money. italian banking stocks were halted limit down initially. once they opened, there were some sharp drops, italian yields jumped and european stocks in ea

i'm joe kernen along with becky quick.t after drinking that juice. how are you? >> i'm doing just fine. becky is in the newsroom. >> she's in the newsroom. i thought you were. he's here after drinking that. our guest host, robert wolf, ceo of 32 advisors, former chairman of ubs americas. more to come, but first - first -- becky! >> thank you, joe! >> i don't know where you are. >> i'm over here. have some juice, too. boeing is reportedly close to finding a solution to the dreamliner's battery problems, a source telling reuters the fix involves increasing the space between battery cells to fry and prevent overheating. >>> and ceo brian moynihan was awarded a 72% pay increase to $12.2 million from $7 million. his base salary from 2013 is due to rise by over 55%. we've been talking about this, this morning, major indices to rise at five year highs. everything is about flat lining, after big gains yesterday and a lot of questions about whether the market has really run too fast too far or whether stocks are fairly valued here.

i'm joe kernen along with becky quick and andrew ross sorkin. making headlines this morning, president obama is holding a white house open day-to-day hack-a-thon. >> oh. >> it's about hacking. >> duh. >> i thought it was about filling the entire places with hacks. >> i knew that's where you were going. >> that's what i thaw it was, a swear. >> come on, mr. brand new iphone. >> yeah. the administration is inviting developers and tech experts to come and share ideas. i thought it was just axelrod and a couple of the -- you know, i'm sorry. i apologize for that. hack-a-thon res common in the tech industry, complete with beer, pizza, sleeping bags, they're basically athletic events for technical geeks. i can't get beyond what i think a hack-a-thon is. it's such a perfect name. i was just thinking, we just talked about geeks today. did you see google today? >> i did. >> do you know who this guy is? i would feel inadequate. do you know add ward gorey? he was born in 1925 and it's about doodling. but they need to -- those guys at google every day need

joe kernen is on vacation today so we're joined by steve liesman. we're happy to have him here. story this morning, the market. we have assembled a trio of wall street's most respected voices to join us for the next hour. we have a lot to talk about this morning. plus, there is that issue of the lights going out at the super dole last night. officials say an abnormality in the power system triggered an automatic shutdown forcing backup systems to kick in. but they weren't sure what caused that initial problem. 34 minutes that the lights were out. brian shactman will join us in just a minute for the full story. this was a super bowl to remember for a lot of reasons, not the least of which the lights going out like that. let's get out to the headlines. the dow and the s&p 500 closing friday at their highest level since 2007. the major averages posting a fifth straight week of gains. u.s. equity futures this morning, you can see, are lighter, down by about 33 points for those dow futures. s&p futures are off by about 4 1/2. but, again, the dow above 14,000 for the first time since

joe kernen, listen up. thursday morning, generac reports. winter storms have driven this stock up amazingly. it's up 20% and that's on top of the storm that happened last year. i think sandy's driven it up. let's just say i fear a sell on the news story here. especially if captain nemo, our current storm, moves it up ahead of thursday. do not be greedy. general motors also comes on thursday. can china become gm's largest market? interesting question, right? can europe stop them in their tracks like it has? will the government soon be out of the stock? we got to get some caller on the stock because some people say this is incredibly cheap stock and others say it's played out. we get results from jarden, too. we've been extremely skeptical but let's say he keeps taking over yard after yard of the aisles in target with his indispensable gadgets. i go nowhere without my jimmy buffet margarita mix. i bet he delivers well. pepsico as well, has performed extremely well. i would use any weakness to roll into the stock. then there's waste management.

joe kernen and becky quick are reporting. i don't know if i use that word lightly, but from pebble beach in california this morning. we're thrilled to see them. they're going to be talking to a number of people in the world of business and politics. we'll talk a little golf, see how joe is doing out there. joining me in pseudo, our own steve liesman and book brusca. then in the next hour, jeremy siegel is going to join us on set to make his bullish case for the numbers and then, nemo, the powerful storm taking aim at the east coast. forecaster res warning it could be among the worst ever, more than two feet of snow possible in boston. many cities are telling residents, don't travel if you don't have to. airlines are now warning the blizzard could cripple travel and hundreds of flights have already been canceled. we're going to check in one on friends at the weather channel. just a couple of minutes for their latest forecast. also in the news, the justice department in multiple states reportedly discussing suing moody's for de

i'm becky quick along with joe kernen and andrew ross sorkin who is back from vacation. let's get started with the markets. as joe mentioned, the s&p winning streak has been a strong one. in the meantime, the dow is coming off a second straight weekly loss. although, really, if you looked at this last week, it was the ever so slightest of losses. u.s. equity futures are indicated higher. dow up by 21 points. s&p is up by two points above value fair and the nasdaq is up about 3. in 20 minutes, we'll turn to predictions on where the markets go from here. then in the next hour, delivering alpo. we'll talk to the manager of a $11.5 billion hedge fund. this fund was up 30% last year. don't miss pine river's ceo brian taylor. on our radar this morning, we have earnings and the economy. the national home of home builders releases its numbers for fen. after the bell, you have dell that's going to be a focus. the company in the middle of a buyout battle. it's going to be posting quarterly results after the close. our guest hoefs host this morning is sure to have an opinion on all

i'm joe kernen. -- there she is. >> coming back. >> and andrew ross sorkin. checking the markets this morning, u.s. equity futures after yesterday's late selling are down again this morning. but not down as much as they were when we first started the show. down over 50, they were at release of the fomc minutes yesterday cost a pall on people that were long and they thought oh, my god can we not count on these guys? but then again we've heard it with just the minutes. it wasn't a statement. the s&p and nasdaq turning in their worst sessions of 2013 on the heaviest trading volume of the year. and the vix which is a measure of investor angst and worry was up 20%. it had its biggest daily gain since november of 2011. much more on the markets still ahead. but first becky has your morning headlines from a location where there will be much more interesting. >> i'm over here. i'm over here. check out the stairs. dow component walmart reporting quarterly profit of $1.67 a share. ten cents above estimates. the

i'm becky quick along with joe kernen. andrew ross sorkin is off today. our guest host this morning is sir martin sorrell. our top story, nightmare at sea. more than 4,000 passengers on the disabled carnival cruise cry oomph docked late last night. michelle caruso cabrera is there on scene. she's going to join us with more and what the means for carnival and the broader cruise industry overall. >>> we are tracking the markets this morning. a lot of excitement fueled in large part by deal activities. in the last few days aloep, we heard berkshire hathway is buying heinz for $3 billion. and comcast announcing a $16.7 deal to buy out ge's remaining stake in cnbc parent nbc universal. warn buffett on "squawk box" yesterday. >> i'm ready for on the another element. please, if you see any walking by, please call me. >> how much do you have on hand, cash deal? >> year en, we have about 47 billion of cash. but we always like to keep and we will keep around 20 billion. so you might say the excess cash at year-end was about $27 billion. >> we will talk more about a

i'm joe kernen with becky quick and andrew ross sorkin.. first, andrew ross sorkin has more with target. earnings higher -- maybe a little less so. >> it went down in the last three minutes. the analyst said he'd like to see comp store guidance. the street has a higher number but wasn't in the release. >> it was talked about. >> it wasn't but will be. >> target out with the fourth quarter numbers at $1.65. 17 cents higher than expected revenue slightly above expectations. weekly jobless mortgage applications falling 3.8% even though mortgage rates eased slightly. we'll be talking with david crowe the chief economist at the national association of home builders. and chief economist ben bernanke will be heading back to the hill today. yesterday he told senators the fed is giving crucial support to an economy sit rattled with high employment and the house gets their shot at the chairman today at 10 a.m. >> thanks have changed a little bit, dow futures up by 13 points. these are not massive moves one direction or the other and after a big up d

i'm joe kernen along with andrew ross sorkin and michelle ka rue sa cabrera.ecky will be back tomorrow. i created a monitor. everything is country now. tony, the one time you wrote in, i was playing a psychedelic spurs and you liked it. >> i know. they were good, but i missed -- >> psyche furs. oh. >> you're rolling your eyes with the country. >> yeah. i'm just not feeling pit. >> i'll give you some names. >> you don't like brad paisley? he's awesome. >> i don't even know who you're talking about. >>> kim jong iii, i call him -- it's kim jong il. it wasn't really a two, right? he was the son of great of god or whatever. this is the third guy, the percentagy little guy. north korea says a miniaturized nuclear device was detonated in the north sea. >> what does that mean? does that mean they were targeting doll houses or what? >> if you figure out how to do it, it's bad. >> team america. >> no, you're right. >> does that have mr. t in it? >> no. >> north korea state run media suggests it was targeted at what it calls outrageous u.s. hostility that undermines nor

becky quick and joe kernen are off.ng to join us live tomorrow for a special broadcast from pebble beach. they have some pretty cool guests themselves tomorrow. you don't want to miss that. >> did you draw the short straw or the long straw by not going? >> that's good. i don't play golf. so i don't think becky plays golf, either, so we'll see. we're all rooting for joe, who is playing. we hope he makes the cut. >> okay. we're rooting for joe. >> we all have to root for joe. i don't know if becky carries the bag or if she drives the cart. i don't know how it works. she's not going to like that comment, but we do love both of them, of course. our guest host this hour, chief equity strategy phil orlando and ben white of morning money fame. let's talk about the headlines this morning. a story in the "new york times" today looks at documents filed in federal court this week that relate to jpmorgan. the document suggests when an outside analysis uncovered serious flaws with thousands of home loans, the bank didn't disclose th

i am joe kernen along with becky quick and andrew ross sorkin.mong the stocks we're watching today, cisco. and amr. >> american heair. >> and now merged as we it is officially done. after months and months of waiting, we are here and the big news, us airways group and american air merged. american air shareholders -- critters, rather, are going to own 72% of the final company. that's actually very, very important. the implied xwient equity value for the company is going to be $11 billion. the reason i mentioned the 72%, when they first started trying to negotiate this deal almost six months ago, usair was offering american air 49% of the company. doug parker ultimately having to give in and give up much more of the company. in this case, doug parker is going to run the final company as the ceo. the chairman of -- rather the current ceo of american air is going to become the chairman of the xwand company through -- sometime in mid 2014. let me pick up the rest of this release as we're -- >> why don't we bring phil lebeau in. he is standing by at t

joe kernen is off today so we are again joined by steve liesman. also at the table with us this morning, our guest host is andy surel. andrew just talked about the markets. stocks ending at session lows yesterday. in fact, all ten s&p sectors closed lower. yet the bulls betting this is nothing more than a bull pac. but we will have a number of powerful investors for their thoughts throughout yao the morning. jim o'neill will join us in just a few minutes. then in the next half hour, the man charged with making sdigs for how blackrock invests more than $1 trillion, the firm's chief investment strategist, russ koesterich. nouriel roubini will be joining us and we're going to ask him for his current view of the world. in the following hour, buy and hold is the name of his game, barons capital ceo ron baron will be our special guess. he's been talking to us about how great of an opportunity stocks have been. we'll see if he's still feeling that optimistic now that stocks have reached 14,000 or close to it. >>> how majority leader eric cantor is set to

joe. becky and kernen are off today. the market is off.abo the rally. on set, doug duncan, the chief economist at fannie mae and richard bernstein ceo of richard bernstein advisors and cnbc contributor. we will talk markets with jeffrey solomon and the market master bond king, pimco's bill gross. we start the hour with the latest developments in the libor rate rigging scandal, rbs, the latest to be fined for its role in interest rates. bill chilton will be joining us but first the headlines. >> thank you. disney posting better than expected revenues after the bell and disney expects to do better with a growing luineup of films and theme parks. >> you had a lot of ins and outs but basically good. strong results at our economic parks. advertising okay, and generally speaking our business performed well and our interactive media group was profitable for the fourth quarter, the first time it's been profitable since we've been breaking it out. >> more definitement men on sta saying this market is a wildly spinning top which is going to end badl