. >>> an exclusive interview with john watson. his company just announcing it will be cutting production three years from now. why? and what's changed? we'll get answers to that. his view on oil prices and a lot more coming up with the ceo again just after the close. >> and two doctors with very different views will be joining us. one who says hydrowill start killing people the moment it is released. it's a highly controversial drug that's received fda approval. there are plenty of people who say it should not have. remember the -- sgr >> that's a pretty powerful statement. >>> first to markets where the dow off 80 points as we speak. nasdaq off about 3/4 of 1%. down 32 points. and the s&p off 11 points, 1,865 is the level there. >> all right. joining us in today's closing bell exexchange, kathy jones, kenny pulkari, peter anderson, joe durand, and there's rick santelli in chicago. welcome, everybody. kelly, this market is starting to lose momentum here. what's going on? >> not surprising at all. actually, why hasn't it done this

ceo john watson says the company's growth strategy, however, remains intact. >> it is hard to grow in our business. we'll be growing 20% between now and 2017. a lot of other companies are finding it difficult and are more flat in their production outlooks. so when you spend a little bit more you can realize the growth. that's what our plans show. >> watson says the company still plans to spend $40 billion this year on capital projects, about the same as last year. >>> another dow member making news today, microsoft. with sales of video games a $15 billion a year industry, the company is betting that the release of its newest title, titan fall, which give a much-needed boost to sales of its x-box 1 gaming console which is losing ground to sony's ps 4. josh lipton has more. >> reporter: the x-box 1 needs a jolt, and today it could get it. microsoft debuted its hottest new video game title "titan fall." the company has a lot riding on its success. research from npd says that sony's gaming console, the ps 4, is beating the x-box 1 by at least a 2 to 1 margin in the u.s. >> this generation

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john watson will be on closing bell in the states today for an exclusive interview at 4:00 p.m.tern. >>> and as far as u.s. futures are concerned, we just dipped down in the last half hour. the dow is about three points below fair value and the nasdaq is around 11 point fair value and the s&p down around 2 points below fair value. >>> and puerto rico is expected to come to market today aiming to sell around $3 billion in bonds in an effort to inject new life into the ireland's troubled economy. seem ma mody is in the states with all the details. sy, seema. >> hi, ross. that's right. puerto rico is expected to sell those bonds today at interest rates far lower than investors had thought. and reports say preliminary pricing data circulated on monday show the bonds will be offered in a single 20-year maturity are yields ranging from 8.6 to 8.88%. moody's, s&p and fitch all cut puerto rico to junk status last month. the island has about $70 billion in outstanding debt and has long struggled with high unemployment, chronic deficits and growth that's been slowing since 2006. hedge fun

ceo john watson will be here at post nine of the new york stock exchange.ait until you hear what he has to say about the price of oil. >> huge story. >>> plus, controversial painkiller hit the market this weekend. the drug is ten times stronger than vicodin. the question is whether that's too dangerous. we will debate. >>> a question i'm often asked. do handsome men make better business pitches than women? "shark tank's" lori greiner and marcus lemonis will be here to tackle that question. >> all that and more coming up. tdd#: 1-888-648-6021 there are trading opportunities tdd#: 1-888-648-6021 just waiting to be found. tdd#: 1-888-648-6021 at schwab, we're here to help tdd#: 1-888-648-6021 bring what inspires you tdd#: 1-888-648-6021 out there... in here. tdd#: 1-888-648-6021 out there, tdd#: 1-888-648-6021 there are stocks on the move. tdd#: 1-888-648-6021 in here, streetsmart edge has tdd#: 1-888-648-6021 chart pattern recognition tdd#: 1-888-648-6021 which shows you which ones are bullish or bearish. tdd#: 1-888-648-6021 now, earn 300 commission-free onl

john? >> all right, ivan watson. you can hear him on the black sea right now, actually in the straits separating turkey right now, the bosphorus, where the u "uss truxtun" steaming the black sea on deployment, but as he pointed out, this is symbolic and meant by a show of force, both sides doing it, russia doing it, running training exercises in western russia, the u.s. running training missions all over the region. we are following it by the minute. >>> this morning we're also hearing from venezuela's president, nicolas maduro, in an exclusive interview with cnn's christiane amanpour. maduro defended his country's crackdown on protesters who have been in the streets in venezuela calling for his resignation. he said those protesters are a minority, clamims the u.s. woul have followed the same path. we should say, this translation was followed by his office. >> translator: those who have started this violent plan is a minority, is a tiny group belonging to the opposition, and they have put the rest of the opposition i

watson for that. >>> when we come back, secretary of state john kerry just arrived in paris where he's meeting withhe ukrainians. you can see live pictures of his plane right now. i believe that's air force two. the russians are sitting this round out. plus, isolating russia. threats of sanctions or a trade embargo. is the u.s. willing to go even farther to punish a defiant putin? we'll ask the members of the senate foreign relations committee coming up next. yup, you get it free each month to help you avoid surprises with your credit. good. i hate surprises. surprise! at discover, we treat you like you'd treat you. get the it card and see your fico® credit score. but with less energy, moodiness, and a low sex drive, i had to do something. i saw my doctor. a blood test showed it was low testosterone, not age. we talked about axiron the only underarm low t treatment that can restore t levels to normal in about two weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant, and children

joining us from washington is mark watson and a retired airline pilot and aviation specialist. let's start with you, johne plane in a death wish or suicide mission thus far in the investigation considering the evidence or lack thereof, of that? >> for the last three weeks, it has been the topic of conversation that the crew was the talk of this. there has been no evidence at all that the crew had anything to do with it other than to try to save the aircraft. nothing has shown up so far. >> i wanted to ask you, mark, mary schiavo was just saying there needs to be more resources in this search. we had a great tweet from tommy saying why don't they have an aircraft carrier out there with a helicopter so they can get better sightings? what do you say to the thought that maybe there is just not enough manpower out there? >> you know, managing resources a difficult thing. we have seen the focus of the operation shift of over 700 miles. i would suspect that moving the carrier group is not an easy thing to do. having deployed it in one area and trying to move it to another area. i think at this point, i agree, m