. >>> laquinta priced its ipo at $17 a share, below the expected range of $18 to $21.ing values the firm at $2.1 billion. laquinta was taken private by blackstone several years ago, the third hotel chain the private equity firm is bringing back to market following extended stay and hilton. laquinta operates over 800 hotels and it will trade on the nyse under the ticker lq. >>> the greek finance ministry confirmed it is gearing up to test the markets. it says a gradual return of n medium term loans is being brought forth methodically and carefully. >>> and still to come, it's another bump in the road for toyota. it's recalling now 6.5 million cars. what's behind this one? we'll get the details, after this. >>> plus, find out why it was the pits for the cme yesterday. as brokers had to abandon their computer screens for the chaos of old-fashioned floor trading. ♪ i know a thing about an ira ♪ and i got the tools ♪ to do it my way ♪ i got a lock on equities ♪ that's why i'm type e ♪ ♪ that's why i'm tyyyyype eeeee, ♪ ♪ i can do it all from my mobile phone ♪ ♪ that's why i

>> laquinta. >> great golf course. this is a lodging chain. >> they had their ipo priced below company expectations. the company had projected it would sell 37.2 million shares between $18 and $21 apiece. blackstone which acquired the limited services hotel chain for $2.3 billion and debt, that was in 2006, isn't selling any shares in the ipo. some people thought they would be selling into this ipo, therefore -- >> that looks like a nice -- >> that is laquinta. >> that's not one of the -- >> that's what we're talking about. >> the other laquinta -- >> i was going to say in your travels, i know you've passed through there. >> is that palm springs? >> yes, palm desert. east of palm desert. great place. great place. >> there's a meridian that's good in new orleans. >> stars live around there. i'm sure they have nice houses. how many times have you taken that tour? in the bob hope -- now it's the clinton humana golf tournament. yes. he paired up with -- i think when they were doing it, you're kidding, right? one of the cou

laquinta holdings and the confetti as well. this is today in the bay. we given with a stabbing in pittsburgh. it is happening and we know at least 20 victims at this point. they range in age from 15 to 60. they are all in the hospital we are told 7 of them did suffer life-threatening injuries. these stabbings happen in multiple hallways. 20 people taken to the hospital in pittsburgh. we are going to bring you more information as it comes into our newsroom. a deadly hit and run crash that has been blocking traffic. the capitol expressway at mo monteray highway. this is a popular route. >> these are two major roadways. if you are check this out. away from us. this is heading over and that is open there at the intersection. we will show you the map and give you the overall look to get you oriented. lighter volume of traffic as we tru talked about. right around capitol drive and that is where this activity continues. eastbound coming toward the road it is closed. stay clear of this whole investigation moving over toward 101 from the area towards 680 and 880

we have got details on laquinta's pricing tonight for tomorrow's ipo.range of $18 to $21. will sell 3% more shares. the number of shares sold, about 38.25 million shares. they will start trading at the new york stock exchange under the ticker lq. >> thanks for that. it's sort of a gamble on how the market is going to trade tomorrow? >> the space is reasonably hot. i think the hilton deal was a good deal. i would take a look. >> go. >> take a breather. >> anthony. >> mortgage stanley. >> navigator. >> family dollar looks interesting >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm trying to make you a little money. my job isn't just to entertain but to teach you. call me at 1-800-743-cnbc. or of course, tweet me @jim cramer. let us speak of wounded money managers and stocks you might own.

laquinta holdings and others all expected to price next week so the deal flow continues. >> there isbviously demand out there for that. >> exactly. >> thanks very much. simon? >> speaking of demand, the view seems to be that perhaps the employment report wasn't as aggressively positive as some have expected and therefore, there is that possibility that the fed will be dovish for longer since 1303 is where we trade. copper and platinum lower. worst day for the nasdaq in two months. the nasdaq 100 is literally a sea of red. sheila dharmarajan is following the big movers. >> well, we are making a bit of a comeback at the nasdaq. we have bounced off the session lows but we are still down more than 2% on the day and seeing a broad-based selloff. the range of trade we have seen today is interesting. about 3% across the session so far, about 136 points. a lot of movement happening here. as i said, 90% of the nasdaq 100 in the red right now. all the names we have been talking about, biotech names, momentum names, large cap tech names, are in the red. it's almost more interesting to see what

>> laquinta inns and suites -- >> find out if it has the opportunity to be the 800-pound gorilla in the market. much more straight ahead on "the half." just take a closer look. it works how you want to work. with a fidelity investment professional... or managing your investments on your own. helping you find new ways to plan for retirement. and save on taxes where you can. so you can invest in the life that you want today. tap into the full power of your fidelity greenline. call or come in today for a free one-on-one review. ♪ aflac, aflac, aflac! ♪ [ both sigh ] ♪ ugh! ♪ you told me he was good, dude. yeah he stinks at golf. but he was great at getting my claim paid fast. how fast? mine got paid in 4 days. wow. that's awesome. is that legal? big fat no. [ male announcer ] find out how fast aflac can pay you at aflac.com. >>> all right. welcome back. let's do the "trader blitz." four trades on four stocks making news today. first up is general motors in the red following a downgrade at goldman. murph? >> yeah, i mean, the hits keep on coming for gm. i don't see any reason to jump in and

. >> later tonight, laquinta prices today, and general motors will be pricing their ipo this evening,arting the exit from the company. >> does this mean the government is all clear? --no, i think they won't they will own 18% if the deal prices sells as many shares as they want to in the ipo. it is worth pointing out that these shares already trade privately the way that facebook did beforehand. not on the second market, it trades in much larger blocks. this is the public's first opportunity to get up taste. >> what about you, tom? >> i think the imf and world bank meetings. we forget that the world bank is involved. to me it is a toggle switch meeting. it will either be really interesting, with a lot of different comments -- the backstory is always off mike and away from seminars. or it will be beyond boring. >> i hope it is not the latter. >> lagarde is fired up. the managing director has an isency to her -- mostly it the europeans telling the former french finance minister to stop criticizing us and stick to your knitting. it is a really abrupt dialogue right now between the imf and

and if that happens, if we get 16, it will be the biggest since december 2006, the two big ones, laquintaey have expanded now. this is very interesting. fast friday is the big day. there will be 7 deals on friday. this is the second chinese ipo on the year. all of them talking about going public soon. put that back up. i just want to point out, you can see the ipo prices going down. the ipo pricing of the biggest ipo's are about 12% off of the peak they had weeks ago. big things there. little food mixed in. straight ahead it's been a bit of a rough ride here. especially the nasdaq who better to help you navigate through. save you fifteen percent or more on car insurance.d everybody knows that. well, did you know pinocchio was a bad motivational speaker? i look around this room and i see nothing but untapped potential. you have potential. you have...oh boy. geico. fifteen minutes could save you fifteen percent or more on car insurance. the nasdaq composite led the way down again. it is the do that is pulling down the hardest. people just go in and blindly buy the block. there was a flight

on the ipo front, black stone backed hotel chain laquinta, the estimated price range is $18 to $21 per. that will value the company at just over $2.5 billion. that is your "squawk planner" for the morning. >>> when we return, something i'm looking forward to, uber rush, maybe give fedex and u.p.s. a run for their money. that's first on "squawk box," when we come back. ameriprise asked people a simple question: in retirement, will you outlive your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach. now you and your ameripise advisor can get the real answers you need. well, knowing gives you confidence. start building your confident retirement today. how much money do you think you'll need when you retire? then we gave each person a ribbon to show how many years that amount might last. i was trying to, like, pull it a little further. [ woman ] got me to 70 years old. i'm going to have to rethink this thing. it's hard to imagine how much we'll n

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