ofif you look at a pie chart the market share, 36% in 2012 for john deere. pretty big gap between number one and number two. what does john due to -- john deere due to diversify? where does it go from here? >> they are growing their construction equip the business. it is only about 16% of sales, but in the last three or four years they've been focusing on growing that market. construction equipment could be up this year. the problem is, it's all a 60%, 17% of sales for them. it will not carry the ball. >> house the chairman and ceo doing? >> excellent. not just double the share, their margins are significantly higher than anyone else. >> thank you so much. we will have those revenues in earnings and opening the earnings data. scarlet fu here in a bit. >> the results come out at 7:00 a.m. and we will have details. coming up, 12. that is how many variety of potatoes were available at last night's state dinner. we will talk about the big event in washington, next. ♪ >> good morning, "bloomberg surveillance." scarlet fuene with and adam johnson. >> ongoing overse

. >> john deere road shot and killed last august after an hour-long standoff with police.ing the investigation, fairfax county, while the attorney said he ran into a conflict of interest. that prompted him to reach out to federal prosecutors. reporter spoke with those close to geer. it turns out those tremors people in ocean city felt were not the result of an earthquake. officials say they received dozens of calls. people have posted on social media that they felt the earth trouble in her lab noise. it was a sonic boom. it was caused by two supersonic --s again off from the memo naval air station. it was a routine training exercise. >> fila picks are in their second day. it is not all smooth sailing. everything from broken sidewalks to a lack of fire beinguishers, even people spied on a shower, john gonzalez is here with the latest. >> good morning. gross hotelhose rooms? there are a lot of challenges to the olympics this year. they will ceremoniously get under way tonight. it will also be the warmest city to host. the weekend forecast will be between 35 and 55 degrees. j

. >>> john deere is reporting a good profit.orld's largest farm machine maker, though, forecasting a 3% drop in sales this year. it says its sales are also being effected by what it calls the unfavorable foreign currency market. >>> about 150 palestinian prisoners in the west bank are critically ill. we went to one family that wants their loved one to be released. >> reporter: this 62 year old's son is in an israeli prison. palestinian officials say he is close to dying. in 2006, he was given a 20-year sentence for his involvement with an armed group. two years into his sentence he fell ill. an illness he hid during visits with his mother. >> translator: i was crying on the bus back from our visit. the woman asked why, and i said he isn't well. they started asking if i was a doctor. but i know. i'm his mother. >> reporter: she was right to be concerned. he is suffering from intestinal cancer. >> reporter: these are his medical records from 2009 to 2013. the israeli authorities won't release his records from 2006 to 2008 when his

john deere equipment in africa. john deere equipment in pakistan, india. if we had better trade we might see john deere implements in cuba which would be great for their productty. we would also benefit. there are many things in cuba we have appetite for. vegetables, fresh fruits that consumers in our country want. i think americans really do want to change our policy. i have here the atlantic council. on february 11 they released results of this latest poll that found that 56% of the american people support the normalization of relations with cuba, including 63% of floridians that want to normalize relations with cuba. i think we've had a policy of isolation for far too long. and as this latest poll indicates, the american people think so too. after being in place for over 50 years, this embargo has not been effective in any way. our policy has benefited neither the cuban people nor the american people. both the u.s. and cuba have recently taken steps to allow for greater travel. it is a significant step forward. the cuban government has eliminated its lo

we believe in caterpillar, john deere tractors in our state, we have ford, chrysler, mitsubishi, all of them growing. when i became governor, chrysler had 200 jobs, now they have 4,700 jobs in belvedere, illinois. ford has three shifts. when i became governor they had one shift. we're very grateful to president barack obama for saving the american auto industry. we worked with him. we believe in organizing and uaw's organized mitsubishi, ford and chrysler. a good way to get good wages and fair working conditions for everyday people. and i still haven't heard from rick about the minimum wage. how about it? >> i don't think it's government's business to be setting the minimum wage out there. the cbo said if you want to get rid of 500,000 jobs between now and 2016 raise the minimum wage. here's the issue, pat, you got to believe this, at a time when jobs are at a premium in this country, the last thing you want to be doing is putting policies into place that will kill jobs and not only -- >> we are purchasing power in the hand of consumers. they'll spend the money. >> and to tell people

staff went to ethiopia perfect days which cost more than three hundred thousand dollars california john deere and then he took a trip that i did find a skateboard that totaled about twenty thousand dollars including here in minnesota in the alice and took evidence trips to the most out of many of them and if we get all they have to travel to washington next week the representing his trips were mostly to appear on abc news shows or progressive institute at that i didn't try the whole reason congress tightened its travel rules in two thousand and seven was to limit the influence of lobbyists after the hold that even though it up. but this just proves nothing will stop the greed and her attorney because you see. congress can still go on trips that others pay for a long time registered lobbyists the upgraded the bloodiest organizations told me ok that's the case with the american israel education foundation which helped pay for the more than two million dollars in trips to israel this year. they're not registered lobbyist and thousands. they are to be reheated for the american israel affairs comm

assurance, ball, boeing, cisco, john deere, -- i know i went through them quickly, do not worry, i have@ajinsight. buybacks -- they work. >> all right, adam johnson, thank you. we are back on the markets in 30 minutes. in the meantime, "bloomberg with emily chang coming up next. ♪ >> live from pier three in san francisco, welcome to the early edition of "bloomberg west," where we cover the global technology and media companies that are reshaping our world. i am emily chang. our focus is on innovation and technology, and the future of business. the value of the digital currency and coin is plunging following more than seven percent. this after one of the best bit -- ing -- known bit quite bitcoin exchanges going through with drawls.

you can see this cat here from john deere. that's what they do the curbs with. this is rockefeller center. it becomes like this high of slush. just like out of the slush puppy machine at the five and ten store. it's like that. and doesn't matter how good your boots are. and snow is piled up from previous snows so snow is that high in this borough and that high in brooklyn on the sides of the roads where you should be walking, and the truth is there's more snow coming tonight. supposed to get colder by 10:00 or 11:00, and we may get two or more inches. you're thrilled, i know. meteorologists say by saturday of this week, so by day after tomorrow, we will have had five feet of snow potentially in new york city. because we're supposed to get two to four more on saturday. i'm sure people are thrilled in south carolina. >> we got is this in program ga, an overturned tree in his yard. this is north carolina, lake norman. very beautiful. this guy decided to cook some shrimp on the grill. looks pretty good. this couple in clifton, virginia, they have a setson on their s

announcer ] lowe's wide line of outdoor power equipment includes kobalt, husqvarna, troy-bilt and john deeret hours of streaming video on the nbc sports live extra app, including the x1 platform from xfinity. comcast was honored to bring every minute of every medal of nbcuniversal's coverage to every screen. so what's next? rio 2016. welcome to what's next. comcast nbcuniversal. ♪ [ cheers and applause ] >> jimmy: hey, we're back. i love our next guest. she was recently nominated for album of the year grammy. wow. for her latest release "the blessed unrest." she's here tonight to perform the song "i choose you" with a a little help from the roots. please welcome sara bareilles! [ cheers and applause ] ♪ let the bough break let it come down crashing let the sun fade out to a dark sky ♪ ♪ can't say i'd even notice it was absent 'cause i could live by the light ♪ ♪ in your eyes i'll unfold before you what i've strung together the very first ♪ ♪ words of a lifelong love letter tell the world that we finally ♪ ♪ got it all right i choose you i will become yours and you will become mine ♪ ♪ i choo

if we had better trade, i might see some more john deere implements down in cuba, which would be greatctivity. >> sanctions are a tool in our foreign policy toolbox, and we as the freest nation on earth are looked to by people in this country and all around the world to stand by them in their moment of need when they clamor for freedom and liberty and human rights. they look for america to be on their side, not for america to be gutting geopolitical deals or making it easier to sell tractors to the government there. we should be clear about these things. >> it's important it's a personal and emotional issue, particularly for many floridians. i'm joined by bill martinez, the first cuban-american to ever serve in the senate. senator martinez, nice to see you, sir. >> good morning, chuck. good to see you. >> well, where are we on this? where are you on this? you've been -- i think you were fairly -- you were okay with the president's initial decision with opening up travel for cuban americans to go back to cuba. where are you on embargo itself? is it really an effective tool in the foreig

companies that have not been able to do a lot in the bad weather, you have companies of course like john deere which people haven't been out plowing their fields at all through this wintertime and probably have pent-up demand for their goods. they made some great improvements and even have additions to some of their product line and have been buying back shares aggressively. we also like a company, meritage home building. the new home builders have been holding up better today, the numbers were better than existing homes. obviously, as the weather improves, people will be looking to buy. i know there's a lot of demand, my son's out in denver and he can't find a house, it seems, right now. i think that will be real helpful. then probably people will be driving more so the companies that are in the refining business and the marketing of gasoline like valero could do very well. i still think we're on a highway to the danger zone, if you will, pardon my old fighter pilot talk. but the market is only up for right now but everything that goes up does come down. i think people need to be a little cau

. >> i'm going to go home tonight and give my valentine, my wife, a nice share of john deere insteadhe'll love that, right? >> good luck, tyler. >> she will really like that. under armour defending itself after some asked whether the drag on the suits are to blame for team usa's disappointing speed skating results. i hadn't heard about this controversy. what can you tell us? >> i think this is fascinating. speed skating is one of these events where even just a tiny fraction of a second can make the difference between winning and losing. i looked up some of the results for the 1500 meter speed skating finals. .7 seconds separated first place from third place. the difference between silver and bronze was .07 of one second. we are talking a tiny, tiny, tiny fraction. i have to think that having any change to the uniforms, to these suits, would have to make a difference in how fast they can go. >> this harkins back to controversies in the past over swimsuits and the swimsuit technology, right? >> exactly. even further back, there was an olympics, i think a few years ago, where nike was m

john deere pulling in big box of the first quarter of their year.from procter & gamble. lowering the outlook of the next year. trip advisor is up big. making more money from its subscription service. up next, next flicks. ♪ stuart: straight to the call. fossil shares are higher. nicole: they make fossil watches. up 5.8% for fossil. stuart: nobody wears a watch these days except for charles. now charles will make us some money. charles: this story, this is the real story today. construction. owens corning, huge, strong. all of the signs point to very strong construction this year in this country. stuart: owens corning is up 12% today. you would chase it. charles: every day before yesterday you would want to chase green mountain coffee. i would chase it. stuart: netflix. 6 billion over the next three years. that is a lot of money. we have the ebt of screen media ventures. i have to ask you about netflix. we are told they may make full feature movies. compete with disney and warner bros. are they going to do that? >> i believe that they are. the proble

movers,s significant the world's largest maker of agricultural equipment, john deere. higherld come levels. we are watching dr. pepper who announced third-quarter earnings that beat estimates as revenues came in shy of the analysts mark. it announced that attempts to repurchase $400 million of stock which is four percent of outstanding shares. they only announced that they could not that they definitely would. pursedt yellen gave her public remarks to congress yesterday. if you missed her six hours of testimony, we have selected three soundbites you need to hear. >> i believe that i am a central banker and these are very unusual times in which monetary policy for quite a long time has at been able to do what taylor rule would have prescribed. for several years, that rule would have prescribed that the federal funds rate should be in negative territory which is impossible. us better understand her remarks, sallie krawcheck is with us. yesterday, youks are a woman that many people thought we would see in d.c. around now. what did you think of her testimony? >> it was len

. >> it's the "ultimate factory: john deere." they're engineering wonders on

>> in this sense john deere was nice enough to come out at no cost to start his tractor so he is able to drive this track are. this is a maple syrup evaporator we bought him so it's something he can do. it's a type of farming he can do despite this physical injury. on march 21 we are launching a national label that we have been working with that was developed last year in the state of kentucky by the department of agriculture called homegrown by heroes and they are going to be one of the inaugural people selling their maple syrup with this is the secondary label. so there is a lot of things. the more challenging often that we deal with is the large numbes and feed explosives and a large number of concussions that have cost 300,000 something cases of diagnosed traumatic brain injury some of that varies in severity and some get better in some get worse. so there is actually a lot of equipment and applications and technology that can help farmers with that. we also work very closely with the usda funded or graham that has been around for a thing since the early 80s to help farmers and fa

designed for people with disabilities or you just bought equipment -- >> in this sense, other than john deere was nice enough to come out at no cost and reup his tractors all the controls were moved to the right side from the left side. this is a maple syrup evaporator we bought him, so it is something he can do to stop it is the type of farming he can do despite his physical injury. in a march 21, we are launching a national label we have been working with the -- that was developed last year in the kentucky department of agriculture called homegrown by heroes. they're going to be one of the inaugural people that will be selling their maple syrup with this as a secondary label. so there are a lot of things. the more challenging often that we deal with is the large number, because of the ied's the explosives and the large number of concussions that come out, about 300 something thousand cases of those diagnosed with traumatic brain injuries that vary in severity and that vary in that some get better and some get worse with time. so there is a lot of equipment and applications and technology th

we put this activity together in combination with john deere. we also have an agreement with the dpm organization to bring the weather and market information forward. inches this week announced a collaboration with usda and the university of missouri for soil mapping techniques. so again bringing an array of information together for the whole set a partnership, again to improve the productivity of u.s. growers and growers throughout the world. so what we are focused on are those challenges, again, all of us in the room are after improving the quality and quantity of food, improving rural livelihood and then doing it all sustainably. so i'm excited about the future. i'm excited that all of us here are really after the same objectives, and i think sort of to where joe left his remarks this morning, even though we are going through challenging times, coming off some levels that were pretty favorable for agriculture, when you look to the future, the opportunity is pretty bright. >> thank you, secretary vilsack, and to the whole usda team for pulling