because they have made $2 billion in cost cuttings we start with giant home builder lennar it hit a new high, normally it would be hitting a new low it's great for the home building business lennar will take advantage of the demand, many home builders don't. the pace was slightly more than a million homes. in this economy should be generating at least 50% more than that. we need answers. i bet ceo steve miller will have some great perspective, he always does. then we get some results from fedex, and i think it's going to be a good quarter. i'm looking for the company to guide numbers up and talk about it's role in the privatization of airports, because if there was ever a company that knows how to run an airport, it's fedex. and we have to talk about the food industry because of that amazon-whole foods merger. maybe do the merger bot. >> merger. merger >> it's friday, come on. adobe's stock often confusings people and other times the stock gets hammered because the stock runs too far too fast if you haven't bought adobe yet, you have to wait until this company reports. we have been putt

ashley: take a look at lennar. profit beats as home sales gain momentum.tock up more than 3% at 54.53. it is helping the homebuilders as a sector. lots of green arrows. kb home, to brothers pulte moving higher in this morning's action with the market essentially flat. >>> by the way, ford motor will send the next generation focus from china to america. i wonder what mr. trump thinks about that, rather than mexico as earlier planned? it will save the company $500 million. that seems to make economic sense. that is according to a top executive. stock meantime slightly lower. >>> now to the death of american college student otto warmbier. before his death his father said president obama didn't do enough to bring him home from north korea. roll tape. >> the question is, do i think the past administration could have done more? i think the results speak for themselves. ashley: i guess that says it all. joining us former arkansas governor mike huckabee. great to see you. governor, does the obama administration deserve some blame for what happened to otto warmbier

us home builder will also be reporting earnings, thatis will also be reporting earnings, that is lennars for young people have boosted home sale else. investors will be looking to the spring selling season and what the company expects going forward. joining us is james bevan, chief investment officer at ccla investment management. nice to see you, james. good to be here. whilst we are chatting away, mark carney‘s delivering his speech, this is all ongoing in london at the moment. absolutely. we can see there the governor of the bank of england, just following on from philip hammond, the chancellor of the exchequer, they are all discussing brexit, the negotiating stance. at the same time, we have barclays unfolding, a serious fraud office investigation, criminal charges, just gives your thoughts on all of this? a busy day? as a microcosm for ba rclays this? a busy day? as a microcosm for barclays itself, this is relatively old news, and if there is a fine of say £200 million, that's worth around two bases points off capital. this is a bank trading on 0.7 with tangible book value, in othe

lennar holding up here. >> yes mcdonald's supporting the dow. is dragging it down. >> poor chevron. >> let's get to bob pisani hey, bob. >> good morning, guys. it was 3-1, declining to advancing stocks we improved, about to go positive energy is an issue here. take a look at the sectors tech, a lot of the semis on the upside new highs there. health care has been a market leader industrials as well. lot of new highs in industrials. caterpillar is a new high. honeywell, 3m. there's the weak link, energy stocks we haven't had anything at all this year. the big thing right now is a lot of new lows. we've been hitting this a lot. we'll hear a lot again today transocean, hess all at 52-week lows good and bad news about all of this earnings estimates will have to come down on all these big names and that was a big part of the whole oil recovery story good news is that energy stocks are a lot smaller or part of the global markets s&p 500 right now. the impact will not be good lowering the numbers it will be a lot less than it would have been two or thre

are jumping this morning lennar reported earnings of 91 cents per share bitting estimates by 13 centsar sold more homes at higher prices during the quarter and saw a double bing it increase in new orders >>> still to come, oil prices falling this morning on concerns of u.s. output growth which continues to persist we'll talk prices and where they could head after this short break and later ryan seacrest joins us along with i-heart media ceo bob pittman. at crowne plaza we know business travel isn't just business. there's this. 'a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. hey you've gotta see this. cno.n. alright, see you down there. mmm, fine. okay, what do we got? okay, watch this. do the thing we talked about. what do we say? it's going to be great. watch. remember what we were just saying? go irish! see that? yes! i'm gonna just go back to doing what i was doing. find your awesome with the xfinity x1 voice remote. >>> crude hitting a seven-month low yesterday and this morning worr

today, a retail play, a big name in the semispace, as well >>> plus, in today's blitz, the trades lennarmcdonald's, alexion and the airlines first, though, s&p sector check. energy is the biggest laggard today, no surprise there considering what crude oil is doing far left to your screen. 43 bucks it wasowbew a dn lo43 short time ago halftime back in two minutes it's over. i've found a permanent escape from monotony. together, we are perfectly balanced. our senses awake. our hearts racing as one. i know this is sudden, but they say...if you love something set it free. see you around, giulia looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock. thithis is the new new york.e? think again. we are building new airports all across the state. new roads and bridges. new mass transit. ne

lennar doing quite well. sector seems to have some legs underit, despite the bad news we got from the data. i don't think they're expensive, terribly expensive, but definitely not cheap >> western digital being sued by toshiba for interfering in its planned sale of a unit >> it's been a monster of a performer. and when you look at where it trades at a pe, relatively speaking, this is a grower and they've been doing a great job with acquisition people are looking forward, they're looking ahead, they like western digital. that could be $120, according to morgan stanley i believe that as well >> madison square garden shares on the move after the new york knicks cut ties with phil jackson. jim, you own this stock. >> you know, i do own the stock, mel. and it's fun to think about, what if the knicks were really a contender, maybe this gets them there, but i don't think the knicks being a contender is what's going to move this stock. this stock is severely undervalued if you look at the assets minus the value to un