i'm kelly evans here this morning with simon hobbs. and on microsoft strategy shift we begin this hour. software giant may introduce microsoft office to apple ipad. officials have yet to confirm reports out there but jon fortt is with us. maybe he can. jon, what do you think about all of this? >> i think that this is a really exciting potential announcement. we'll have to see the details. it's subject that i raised with with satya nadella before, before he became ceo. he's not as window centric as steve was. the key is how much they make available on the ifripad for fr. they're a bit late to the party. >> for free? >> yeah. you expect to see some available for free and then they're going to try to pull you into office 365 into upgrades to pay. they have to make something available for free for this to be much of an opportunity at all. apple's productivity software is already free on new ipads. >> apple's productivity software there is not excel, it's not

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coming up on the second hour of "the closing bell" with kelly evans and company. morrow, kelly. >> thank you, bill. welcome to "the closing bell." i'm kelly evans, and here is how we're finishing a relatively down day. i say relatively because we have to watch and see how the s&p shakes out. it looks like we lost about a point on the index putting it off friday's record highs, again just barely. what's interesting is the way the dow has snapped back from an intraday low, more than 100 points to close down by about 33. let's get more on this now from my panel. joining me now is independent tech reporter natalie morris, dan greenhouse and sheila dharmarajan and dom chu and "fast money" trader brian kelly in a moment. it's great to see all of you. the first thing we need to do is put what happened in today's market in context. we've got five years now of this rally. we've got all sorts of people talking about whether the markets are fairly valued, whether they're over valued to the points carmen was making. dan, care to weigh in? >> it's important for investors to rem

i'm kelly evans here at the rise forum at the university of dayton in ohio. this is an event, bill, featuring current and future leaders of finance. there's some added excitement here on this campus because the dayton basketball team, a cinderella story, playing in the sweet 16 tonight. there's a little bit of a stimulus package here in dayton as these t-shirts are selling like hot cakes. >> they are the cinderella team this year. you got to bring me one of those t-shirts. please, i'm begging you. >> i'll try. it's hard to get your hands on one. >> i'm sure they are. i'm bill griffith still here at the new york stock exchange. this stock market is also looking for its own cinderella story today, fighting to get back into the green territory. the dow has been on either side today of unchanged. now down 21 points. kelly, we're going to explore whether this market actually has seen a stealth correction. we're also so focused on the dow and the s&p, but is there a whole section of the market that's already seen its own correction? we'll look at that coming up her

right now, stay tuned for the second hour of "the closing bell" with kelly evans and company. welcome to "the closing bell." i'm kelly evans. it's been a rough day on wall street. here's how we're finishing up. take a look across the major indexes. the dow finishing down about 230. the s&p 500 giving up 21 points today. the nasdaq giving up 62, closing down 1.5%. let's get straight to it with today's "closing bell" panel. for more on today's selloff, our "fast money" trader, guy. great to see you all here. what's going on? >> well, i think there's a series of things. to start with the data out of china over the course of the last week has been, you know, pretty scary in the sense that we've had a real hit to things like the shadow banking system, the amount of lending that took place in the month of february. then you follow that up with the areas where there cheerily has been overinvestment, steel, cement, and electricity production, which is a cleaner read. you're looking at china thinking, okay, well, there's a bit of a slowdown, but does this run deeper? is there a credit

an all-star panel coming up on the second hour of "the closing bell" with kelly evans and company. >>> thank you, bill. and welcome to "the closing bell" hour two. i'm kelly evans, and what a close we have here. the s&p 500 hitting another record high. worst case fears about the ukraine crisis receding for now. we emphasize for now. here is how we're finishing up. look at the dow jones industrial average. it only had to close up 198 points to get its best day of the year and it's adding 224 as we enter the close. up 1.4%. just below that 16,400 level. look at the nasdaq up almost 1.8% 1.8%. the s&p 500 up 28 points closing at 1,873. that is a new closing high for that index and wait until we talk to you about the russell. let's get to it with today's panel. joining me dani hughes, marcus lemonis kate kelly and kevin o'leary. we've got "fast money" trader brian kelly, so the trio of the kellys returns. great to see all of you. kate, i want to start with you and talk about the fact that despite the major indexes having a strong day, the small caps, the russell 2000 i think just had t

meantime, here the second hour "the closing bell" with kelly evans and company. bell," hour two. i'm kelly evans. i feel like a broken record. closing at another record high. welcome. here's how we're finishing the day on wall street. take a look across the major indexes. green arrows except for the nasdaq. the dow up 65 points. at the session high, it was 90. the s&p 500 only adding about 3.5 points is good enough for another record high. the nasdaq bucking the trend today and closing lower. we're going to ask john fort about that in a second. let's bring in =)ñtoday's panel joining me now. john, i know some of the biotech names are weighing on the nasdaq. are people just looking for value here and not seeing it in some of these names? >> i thinkç that's some of it. you look at who did the worst, zuliliy. pandora getting hit by spotify's purchase today of music intelligence company net suite. all down more than 2%. i think you kind of hit it. >> not quite record highs yet, but i guess when you have bond yields around the 2.7 range, people still looking for alter

hour two of "the closing bell" with kelly evans and company. kelly. >>> thank you, bill. and welcome to "the closing bell" on this friday to close out the week. i'm kelly evans. the s&p 500, we're going to have to watch it, but it does look like in the final moments of the trading session today, it's turned positive, which would mean the s&p closing at another record high as we mark the five-year anniversary of the lows here in march 2009. here is a look at how we're finishing the day and the first week of march on wall street. about a 29-point gain on the dow, 16,450 is the level. the nasdaq closing lower today. it's off 0.4%, 16 points, and the s&p 500, watching this for a couple interesting reasons, it does look like it closed higher by about a point, 1,877. let's get to it with today's panel. evan newmark, morgan brennan, lauren sylvan and robert frank. lauren, as we talk about the kinds of activities, whether people are worried about ukraine, from the hedge fund guys you talk to, what sense are you getting? >> everyone in new york seems ha

the second hour of "the closing bell" right now with kelly evans and company. > and welcome to "the closing bell" this hour. i'm kelly evans. stocks surging as the dow snaps a five-day losing streak last week. here is how we're finishing up this monday on wall street. with the dow adding 177 points and green arrows for st. patrick's day. nasdaq getting 35. the s&p 500 about 17. rallies of about 1% across the board. what to make of it all, let's get to today's panel. joining me kayla tausche, cardiff garcia and dominic chu and "fast money" trader brian kelly. cardiff, what did we learn today? >> a lot of people were paying attention to what would happen with the referendum but there was no suspension about that. it's not surprising to me that geopolitical events didn't affect the markets. i think it's difficult to price in the fast range of possibilities that are going to come out of what's happening between russia and the ukraine. right now the more likely scenario is still that that's part of a wider repricing of the emerging market asset classes, but not somet

what to make of it coming up now on the second hour of "the closing bell" with kelly evans and companyw, kelly. >> thank you bill. welcome to "the closing bell." i'm kelly evans at the new york stock exchange. it's been an up and down day. let's take a look at how we're finishing up on wall street as we enter the final week of trade for this first quarter with the dow off 25 points. double that for the nasdaq. it's off 50 or 1.2%. the s&p 500 giving up 9 points to 1,857. 1,878 is the closing high there. so we're about 20 points south of that. now let's get right to it with today's panel. joining me kevin roos, kayla tausche and dom chu and dan greenhouse and also "fast money" contributor guy aidamadami. it it's great to see all of you. how serious is this sell-off in biotech? >> if you look technically, we traded down to 232 in the ibb. basically the same levels we made in the beginning of february and bounced. big volume day there. so maybe in the short term at least you have a tradeable bottom, but i said it a couple weeks ago. i sort of got on the goldman sachs analyst. turns out ma

some great stuff on the second hour of "the closing bell" with kelly evans and company. monday. have a good one, kelly. >>> thank you, bill. so we started the session strong today but we have closed decisively in the read. welcome to "the closing bell." i'm kelly evans. here is how we're finishing the day and week on wall street. as we head towards the end of the first quarter, the dow jones industrial average giving up 33 points. the nasdaq hit hard today. it's off 1% or 42 points and the s&p 500 off six. nowhere near that closing high of 1878 at least given where we started the day. let's get to it with today's panel. dani hughes, chris whalen, our own sheila dharmarajan and robert frank and "fast money" contributor brian kelly. it's great to see all of you. brian, why the turnaround today? >> well, you had a couple things going on. one, remember, we have quadruple witch today. it's hard to get that feel for what this market wants to do. and then we had the banks turn around which everybody was excited about them last night, but when the banks turn around, they've been

i'm kelly evans at the new york stock exchange. >> dayton beat ohio. i'm already out $1 billion on my back et. >> i'm so sorry. i'm just pulling for syracuse. but keep it here, people. a lot coming up. >> what are we talking about? markets bouncing back after those confusing comments from janet yellen yesterday that sent stocks reeling this time yesterday. but now some worry if the new fed chair has a communication problem. maybe she said too much. there's a debate about that going on right now. and we'll talk about that, whether the market's weary of chair yellen. >> also, we're expecting perfection. anyway, when the bell rings in about an hour, that's when the action here might really heat up. at 4:00 p.m., a new crucial rounds of bank stress test results are due out. we'll have that vital report on which banks made the grade and which did not, if any. >> and the financials have been very strong today, as they were yesterday. >> 18% of the s&p 500. jpmorgan is up like 6% this week. so expectations, if you want to put it this way, are pretty high. we'

i'm kelly evans, and a mixed day for wall street following yesterday's huge rally.ause it looks like with a teeny tiny little gain of 0.05 points, we may have set another record high for this index. it only took a green arrow today. we might have gotten it there at the end. the nasdaq adding 6 points. the outperformer, while the dow down 30 weighed down by weakness in exxon. we have to talk about the financials. let's get to it with today's panel. cnbc contributor carol roth, eamon javers and sara eisen and "fast money" contribute, dr. john jon najari najarian, and tim seymour. dr. j, first to you. what about the action? another record high it looks like for the s&p here. >> and hardly any giveback at all. of course, we took back much more than we gave monday yesterday, and then today to see it just continue on its way. as i said on "halftime," i can think of 3.9 billion reasons why at -- 3.9 trillion, i apologize, with a "t," not a "b." that money is going to have to go somewherdç and everybody knos it. that's another hand other than just the fed under the market.

i'm kelly evans, and here is how we're finishing the day on wall street.ows, a better day at least than yesterday, but this does mean the dow will be down for five consecutive trading sessions. interesting to know that hasn't happened since may of 2012. the dow gave up 40 points, the nasdaq 15. the s&p 5. got to talk about that 1850 level. today's panel, joining me now is kayla tausche, david seaberg, robert frank. david, what is running through your mind? >> i look at the market and i say going into a weekend on a friday sort of not being down big, given all the fear that's sort of been put in the system is a good thing. i will tell you there are underlying things that make me a little fearful that when we do, if we do have a pullback, it could be a little greater. i mean, part of that is just i think investors are much more apprehensively long right now than they have been in the past with little protection on. if news comes out that's not necessarily positive, it could take this market down in a pretty significant way given the fact that no one is prote

i'm bill griffeth along with kelly evans. and there's one statement we're going to call back again that she made about the time line that may or may not occur between the time when they finish the tapering and when they begin the interest rate increase and there was a lot of confusion about what she said but the market sold off anyway. >> this will be a very interesting case, bill. we actually -- we live in a world where there's algorithmic trades geared to every word that comes out of her mouth. if she says a considerable period of time is six months -- >> or that type of thing, she said. >> with regard to the end of qe and the start of raising rates, that you should all know is why we saw markets down at one point almost 200 points although they are now bouncing back to some extent. in fact, let's discuss this now with the guests joining us. our panel of experts to break it all down. matthew slaughter from dartmouth, college, diane selanne, mark olson, david zervos and our own steve liesman will join us shortly. he among th

i'm kelly evans here at the new york stock exchange where the dow is up, bill, almost 200 points at this. now, this is the way to break a losing streak. the dow riding five down days in a row last week, but with an hour to go industrial average is up 182 points. now, do we say it's in spite of the crimean referendum or because of the crimean referendum? it's hard to say. it's hard to say

i'm kelly evans here at the new york stock exchange where this historic bull run continues. >> i'm billlose again for the week once again. the dow needs a gain of a little better than 150 points to close at a new high. that doesn't look possible. but the s&p doing very well despite an escalation of sorts between russia and ukraine. >> while we know march 9th

i'm kelly evans at the new york stock exchange. >> we are coming back here. i'm bill griffeth. the real carnage is at the nasdaq as brian was just saying. momentum stocks like netflix getting hammered today. biotech is another problem right now. that high-flying sector. ever since the government is going after gilead sciences last week, questioning the pricing of one of their hepatitis drugs, that seemed to take the airut

plus whether or not this market is rigged coming up in the second hour of "the closing bell" with kelly evansyou tomorrow, kelly. >>> thank you, bill. and welcome to "the closing bell" on this monday as we close out a lot of things, the month, the quarter. here is how we're finishing the day on wall street. with a rally across the board, the dow adding 135 points, the nasdaq 43, the s&p 500 15. look at the s&p at 1,878. only 6 points off the all-time high. the nasdaq closing higher i think for the quarter. the first quarter is in the books so how did we do? let's get back to cnbc headquarters with the final score from seema mody to kick things off. >> today marks the official end to the quarter and here is how we stand. the dow jones industrial closing at 16,458, down 0.7% for the quarter. the s&p 500, which hit numerous all-time high this is quarter, up better than 1% for the quarter, closing at 1,872. the big winners forest labs, neighbor -- nabors and green mountain. >> the nasdaq up. speaking of the nasdaq, check out the biotech index. concerns over valuation have resulted in many biotech

i'm kelly evans, and on this tuesday here is how we're finishing.wall street. the dow jones industrial average after shedding in the range of 300 points last week adding another 91 today after a strong session yesterday as well. that puts it at 16,338. the nasdaq adding 52 points. the outperformer on the session at 4332. the s&p 500 up 13, 1,872 is the closing level there. again, 1,878 is pretty much the all-time high for this index. remarkably enough with everything going on in the world, we're only a few points shy of that level. now, we're also expecting earnings at any moment from oracle and when those hit, we'll bring them straight to you. with me today's "the closing bell" panel, kate kelly, kevin o'leary, author of "cold hard truth on men, women, and money." the profit's marcus lemonilemon carol roth, and guy adami. guy, do you want to talk oracle, markets more broadly? >> let's wait for oracle because it's traded great. let's talk about the markets in general. you're too young to know who ethel mermen is but everything is coming up roses. it

i'm kelly evans, and what a day on wall street. here is how we're finishing up.and this coming off record close for the s&p 500 on friday, but we are moving lower from that point, and today the dow giving up about 67 points. the nasdaq about 23, and the s&p off almost 10. for more on what to make of it, letsga get straight to it. joining me lori greiner is here. marcus lemmonis, michelle caruso-cabrera. david, i have to start with you. what do you make of these markets and is today the beginning of a sharper pullback? >> it was only, what, four or five hours ago we were at all-time record highs i think in the s&p or pretty close to them. we were having a pretty good day. so i'm reluctant to read too much into the day-to-day gyrations. we're still extraordinarily close to those all-time record highs. so i think it's very much still a risk-on environment, it's an environment characterized by central banks that have at it and other that is will continue to add liquidity to the system, and i see that as a theme that's not going away anytime soon, even with the fed ta

i'm kelly evans down here at the new york stock exchange where, bill, stocks, the dow at least, having almost a triple point session. >> it has a couple times today. i'm bill griffeth. stocks are trying to finish the day strong as we enter the final hour of trading. we were up triple digits out of the gate. at the peak we are up 130 points then lost some steam. right now the dow is up 95 or thereabouts. mixed economic data out today. consumer confidence, six-year high. home sales figures, five-month low. >> and mixed with markets as well. we'll get to that in a moment. two exclusives with two heavyweights the street widely follows. nouriel roubini joining us. he's about to turn bullish on some emerging markets. and jim grant from the grant interest rate observer. he has his own unique take on the message the fed is taking about when raids will rise and some opportunities on global markets. >> i cannot wait to hear jim grant's take on janet yellen's news conference last week. that's pay per view material right there. speaking of pay per view, nba mega star kobe bryant just invested mill

i'm kelly evans down here at the new york stock exchange where, bill, stocks, the dow at least, having point session. >> it has a couple times today. i'm bill griffeth. stocks are trying to finish the day strong as we enter the final hour of trading. we were up triple digits out of the gate. at the peak we are up 130 points then lost some steam. right now the dow is up 95 or thereabouts. mixed economic data o

i'm kelly evans here at the new york stock exchange where for the second straight day we're seeing aly in stocks, bill, as the federal reserve begins a policy meeting. >> and if you were blaming vladimir putin for last week's declin declines, investors may have to thank him for two-day rally. market taking putin at his word that it all stops with crimea. others have their doubts

i'm kelly evans here at the new york stock exchange. we've gone to well off to gainsville.rting with potential lly turning negative here. >> it's great to have you back. >> i'm sorry to be so tall. >> she's

i'm kelly evans here at the rise forum at the university of dayton in ohio.eaturing current and future leaders of finance. there's some added excitement here on this campus because

i'm kelly evans at the new york stock exchange where the first quarter now has precisely one hour leftll griffeth. we are ending the quarter with a nice rally. i guess you would call it the typical window dressing for the end of the quarter. if we close at these levels, only the dow would be lower for the year or the quarter so far and that's just about 100 points below its all-time high set back on december 31. we will bring you home to the close and set you up for what to expect for the second quarter coming up in the next couple hours. >> it has been so interesting as we head into the final day of the quarter. the difference that it

i'm kelly evans at the new york stock exchange. >> happy international women's day. >> that was newsinternational men's day is april 1st. just a guess. i'm bill griffeth, a mixed end of the week after a mixed jobs report. any positive finish for the s&p 500 would be a new all-time closing high. we're watching those markets very carefully. and these stories

i'm kelly evans at the new york stock exchange. >> welcome back. >> great to be here. >> a classic turnarounddimir putin. today some say he blinked, because of that stocks are off to the races and then some. the dow up near the highs of the day. we were up 240 points at the peak. now a gain of 231 points and the s&p is back in record territory ri

i'm kelly evans at the new york stock exchange. >> dayton beat ohio.billion on my back et. >> i'm so sorry. i'm just pulling for syracuse. but keep it here, people. a lot coming up. >> what are we talking about? markets bouncing back after those confusing comments from janet yellen yesterday that sent stocks reeling this time yesterday. but now some worry if the n

i'm kelly evans here at the new york stock exchange where the dow is off 70 points. >> i'm bill griffetheds to add less than a point to close at a new high. we are currently down though ten points, near the lows of the session as we go into the final hour. so it's not looking good right now for all-time highs. >> a couple different factors. maybe it's china, even the talk about the fannie and

i'm kelly evans here at the new york stock exchange, on a day where we're on the lows of the session.other down day. this time it is the worst of the -- we've had four consecutive down days now for the market. this is the biggest selloff. what's very interesting is there's no consensus on what's causing the selloff today. depending on who you ask, it's china, it's the situation in ukraine, it's correlation with

i'm kelly evans here at the new york stock exchange. >> and i'm bill griffeth.he trading week focusing on warning signs for this bull market which turned five years old over the weekend, getting long in the tooth according to history and how long bull markets tend to last. >>> if you want to talk about the 11 prior bull markets, three of them were longer than the current one. so we've got a little bit of history on our side here, bill, but with each passing day, this becomes more extr

i'm kelly evans at the new york stock exchange where the dow is trying to avoid losing ground for a fifth. >> it's been up and down today, but so far down day for the dow would mean a loss every day this week. that hasn't happened in a five-day week in nearly two years. the ukraine mess hanging over the heads of investors right now with an international showdown looming over the weekend, but there is someone not worried about all that. we'll talk about that coming

i'm kelly evans at the new york stock exchange. >> i'm scott wapner today in for bill griffeth. in this last hour for positive and negative territory. the s&p earlier hit a new high. now it's going to be arfight. it's down a point or so, but materials, financials, and industrials are the ones leading the way today. there you can see the dow and the s&p still negative. nasdaq though making its way positive. >> coming up on today's show

i'm kelly evans down here at the new york stock exchange. >> i'm bill griffeth. a lot of drama.t there are a lot of individual stocks that we've been following today. the stock story of the day has to be about herbalife. the battleground stock now officially embattled. a government investigation has been launched and investors have been punishing that stock. it was halted for a while. you knew the drama from a couple hours ago here live on cnbc. for a time it was down 15%. it's come way off that low. we're down 5.5% right now. we'll get more react

winner a little bit later on in the show so be sure to stay tuned and to that end let's welcome kelly evansome to "squawk on the street." here's what's happened so far. >> february nonfarm payrolls increased by 175,000 jobs, 6.7% is the unemployment rate. >> would it shock me if the market took profits in this? no. it's been going up. anticipation of something good and then we got the big enchilada good? i kind of like it. >> there's the opening bell. >> the formula for moving forward i think is very clear. infrastructure investments passing the minimum wage, passing immigration reform. we did those three things. we have this unemployment right now another point in the year. >> will you make it 175? >> i think there's much more weather in the report than i have expected. i thought weather was going to subtract something like 60,000. >> good friday morning. it's 11:00 a.m. on the east coast, 8:00 a.m. out west. the top story we're following this morning, the u.s. economy added 175,000 jobs in friday but one new job got more pub bliss they the rest. facebook's beat. we'll talk to her in a mom

i'm kelly evans here at the new york stock exchange. we've gone to well off to gainsville. in fact, the nasdaq flirting with potential lly turning negative here. >> it's great to have you back. >> i'm sorry to be so tall. >> she's back. i'm bill griffeth. some were calling this a short rally. there was real vigor to it that suggests that maybe people were caught on the short side of this market. does the fact that we're fading this afternoon really enforce that idea? those folks are looking like they might have the market right as we enter the final hour of training. >> meanwhile, russian troops massing at the border a week after vladimir putin promised he wasn't going into ukraine. you know who's not worried? apparently the markets here. what if anything is that telling us? what message does it send to vladimir putin? we'll follow the latest as this story develops. >> lately, friday afternoons have been tough for the bulls. something we'll talk about. oscar winning actor gwyeneth paltrow telling e she has it tougher as a working mom than those who go to an office every wee

kelly evans will be back with you tomorrow. much more on this market sell-off into the close.ews right now on the banks. kayla tausche has the details back fromh q. >> sara, 25 banks will be able to return more capital to shareholders this year with no objections from the federal reserve. the fed did, however, object to five banks' plans for capital distribution. zion's didn't meet the minimum threshold so it faces a unique challenge and cannot return capital. for citigroup, hsbc, citizens and santander, the fed had quality issues for the way they were planning. the issues were different for each bank. fed officials acknowledging significant issues at the u.s. subsidiaries of those foreign banks but acknowledging it was the first time going through the process. citibank will be the surprise to the market. the shares are down nearly 3% falling off a cliff after hours. the fed said citi is a different animal. it had issues raised previously by regulators it didn't fix and important to note, citi can still issue dividends and buy back stock, it just can't increase those amounts j

i'm kelly evans down here at the new york stock exchange. >> i'm bill griffeth. a lot of drama. the market is doing one thing, but there are a lot of individual stocks that we've been following today. the stock story of the day has to be about herbalife. the battleground stock now officially embattled. a government investigation has been launched and investors have been punishing that stock. it was halted for a while. you knew the drama from a couple hours ago here live on cnbc. for a time it was down 15%. it's come way off that low. we're down 5.5% right now. we'll get more reaction, give you the latest on herbalife coming up. >> for people who are desperate for a market up stocks, today is one of those days. also a new wrinkle to the general motors ignition switch recall story. there are, of course, congressional hearings. now a criminal investigation. but because gm has gone through bankruptcy, it will not be civilly liable for any accidents that happened before june 2009. we'll get the latest from phil lebeau and speak to legal pros on if this will hold up even if the compan

i'm michelle caruso-cabrera in for kelly evans. she's back tomorrow.risis sending stocks tumbling, but it was a lot worse earlier in the day. here is how we're finishing the day on wall street. the dow lower by 15 poin5 point. it had be down 250. nasdaq lower by 31. the s&p lower by 13 points. not a single major average declining more than 1%. let's bring in today's panel. we have cardiff, rebecca. tim seymour follows emerging markets and russia in particular extensi extensively. tim, let's start with you. the u.s. market sold off, but russia got punished even worse. justified? >> no, no. we said last night on emerging money we expected things to open down 5% to 10%. the problem with russia right now is clearly that, first of all, you could have -- not a military mistake, i think you could ultimately have a mistake within the ranks that means we're in a very tense situation. we've seen this stuff before in russia. it's interesting to me, a lot of guys are asking me when to buy, when it buy. it's usually days like today that are definitely not the time

i'm scott wapner with kelly evans live from the new york stock exchange today. meeting out in seattle, where he'll have a live interview with chairman and ceo howard schultz later this hour. >>> sleepless in seattle, jim, because you flew out there and you're pumped up with caffeine and ready to go today. >> yeah, absolutely. just getting started. this is a 36-hour marathon, i don't intend to sleep

i'm carl quintanilla with kelly evans at the new york stock exchange.n the gulf of mexico off to louisiana coast, faber's on assignment. jim, how's the bayou? >> beautiful down here. i'm on a rig, built in 1985, working for energy 21. probably find oil today for you. >> we cannot wait to hear more today, jim. unbelievable. >> thank you. >> hard hat shot alone. >> you like, of course?

i'm carl quintanilla with kelly evans at the new york stock exchange.mer live on an oil rig in the gulf of mexico off to louisiana coast, faber's on assignment. jim, how's the bayou? >> beautiful down here. i'm on a rig, built in 1985, working for energy 21. probably find oil today for you. >> we cannot wait to hear more today, jim. unbelievable. >> thank you. >> hard hat shot alone. >> you like, of course? >> people heard louisiana and throughout it had something to do with true detective. >> where the initial scene was filmed yesterday. grizzly, on a former plantation, cool looking. >> can't wait for more, jim. good morning to you. futures off a touch as bull market officially turned five years old over the weekend. a light week for economic data's ahead but plenty of corporate news, including mcdonald's sales. nikkei down 1% as japan revised q4 gdp lower. oil, flat week but up more than 4% for the year. asian marks, down big so far this morning. sell-off comes after a slew of economic data including a bad reading on export. if things are so bad overs

. >> welcome kelly evans. >> good morning, simon.here most of the talk is about how big of a deal it's going to be. why, you know, 130, $140 billion for this company and it's chosen new york. how significant is all that? >> and the big point is big. remember what happened with facebook? they came out, proved to be a huge disappointment. part of the problem was there was so much stock for sale. alibaba might sell $15 billion, suddenly everybody who wants stock can get some. that was a recipe for disaster with facebook. >> and i would jump in here and say the scale of this is huge. $1.8 billion recently and quarterly sales, $786 million in net income. i mean, that's a level -- facebook sort of level. but i've got a lot of questions about alibaba. a lot of hype. big company, huge in china. but as it starts to expand. it tries to move into consumer areas where it's not clear it'll be able to get traction. trying to do some consumer credit stuff at the chinese government's backing. people should know there's a lot of risk and unknowns att

i'm scott wapner with kelly evans live from the new york stock exchange today.im cramer is at the site of starbucks annual shareholder meeting out in seattle, where he'll have a live interview with chairman and ceo howard schultz later this hour. >>> sleepless in seattle, jim, because you flew out there and you're pumped up with caffeine and ready to go today. >> yeah, absolutely. just getting started. this is a 36-hour marathon, i don't intend to sleep tonight either because i'm really tired of sleeping. >> big things ahead today, right? you've got the exclusive with schul schultz, we can't wait for that. >> it's not about the triple pu on. >> the value of the payments business at starbucks talking about how much it's worth and how important it might be here as a rival to some of these card companies. >> yeah. look, bob nardelli made a great point if you can cut out the little big, the vig that visa and mastercard get, if you can make it so someone nearing the store is able to pay for it ahead of time and own the register why should this be limited to starbucks

kelly evans is -- >> hello.morning. the war of words between icahn and ebay heating up with linkedin joining in. kara swisher will help us break that down. >>> dl is a major bubble in tech investing. jeff, the former ceo of atari, take 2 will tell us why. >>> samsung is out with yet another brand new tablet but has this one finally jumped the shark? we'll take a closer look and tell you why. first up, breaking news from scott cohn back at hq. scott? >> new developments in the largest law fimpl bankruptcy in u.s. history. back in 201. we're awaiting a news conference by manhattan district attorney vance who was about to unveil criminal charges against four top executives including the former chairman of the form steven davis, executive director steven decarmine and zachary warren, lower level executive in the firm. alleged lly ahead of the bankruptcy they were mass i.lying koog the books. including things as mundane as classifying payments to associates which should have been expenses as payments to partners whic

and this is from christina rena who worked under bridget kelly in the governor's office and what happened that day apparently her deputy, evante here, writing to bridget kelly explaining how this happened that mayor sokolich from ft. lee had been trying to get through the administration. we had seen in other documents that they had no interest, that bridget kelly did not want to talk to him at all. he called from a phone number they didn't recognize. he talks to sokolich about the closures and then cold christina renna and she immediately fires off this almost apologetic e-mail explaining how he got through to bridget kelly. these are people in the governor's office. you have to believe this was an operation limited to knowledge of the nature of this was limited to like those three people in the governor's office and no one else in this governor's office had an inkling of it or if they can did no one told the governor that they could be operating out of his office like that and he wouldn't know. >> the thing is a white board exists, which lists the various indicators there are that people in the governor's office knew about