-- nokia and alcatel lucent.juniper or sienna would help it hold on to its predominant spot. those two stocks getting a big boost. ericsson little changed in u.s. trading. overall, technology is doing the best today. mark: julie hyman, thank you so much. let's get you the top stories crossing the terminal at this hour. scandal withifa the associated press reporting the union of european football associations is calling for the postponement of the people presidential election -- fifa presidential election and may boycott congress. the u.s. is charging officials and marketing executives with corruption that is rampant, systemic and deep rooted, including bribery and kickbacks. mcdonald's has been mired in a sales slump. the world's biggest restaurant chain will no longer put up monthly sales figures. mcdonald's will announce same-store sales were june when its second-quarter earnings come out. and then it will stop providing the data. because he was a sales have fallen for six straight quarters. -- iag will have to

it looks like the chinese are going to buy -- lucent, nokia, and the french finance minister basicallylessed that deal. that's an important transformation. scarlet: an important point to make it. what about the euro and the exchange rate? does that mean in european m&a, this transnational m&a, we are to see european companies as targets as opposed to acquire or's? troy: both. you will see intro europe consolidation. it makes them a very rich target, again, back to fedex. you can't ignore the regulatory kind of support that is taking place. managers have been focused on a tiny bank consolidation for 10 years. it's a very fragmented banking system. they have recently will asked those roles and allowed for consolidation to spur economic growth through non-fractured banking. so, whether you are looking at across the board acquisitions -- the trend is for hire deal flow and it will be important for managers to focus on that space to make a 6%, 10% return. julie: right -- scarlet: right, right. troy: not depending on whether greece has a bad day. scarlet: troy gayeski. that does it for me fo

the french technology firm alcatel lucent its report of net losses more than 615 million euros in theirst quarter of this year. more than three times the lawsuit report -- a loss report this time last year. the japanese gaming company nintendo has turned its first annual operating profit in four years. the firm said lower cost helped to compensate for slower increase in revenue. sales fell 4% during nintendo cost last financial year. genie: there has been somewhat of an embarrassing turnaround at the top of one company in india after the chief executive sent a resignation letter. stephen: proving you come back from almost anything. the property website housing.com, a private -- a prominent start up. including this sentence, i don't think you guys are intellectual capable enough to have a sensible discussion anymore. he went on to say he does not want to make -- does not want to waste anymore of their life working for them. about a day later there had been an egg knowledge meant that he had resigned. he announced he was staying with the company after healthy discussions with the board.

alcatel lucent reported an increase in first-quarter earnings.erating profit more than doubled. sales rose 9%. >> europe's biggest engineering company announced another 4500 jobs could go. that is after numbers missed estimates. >> the thing they have been warning about for a couple months is the ceos try to focus on distribution. of course those sorts of businesses are not going so well. that is one of the main reasons behind it. >> what about the implications for the chief executive? where does this strategy leave him? >> it does not look great. energy is not going swimmingly. it would offset any problems. if you're not going to buy oil generators, you might buy wind turbines. now it is 13,100, which is above the 10,000 analysts addicted six months ago. we will have to see if that is going to be the case. >> thank you very much indeed. >> after more than six years the federal reserve chair says stocks and bonds are highly valued and bond yields could see a sharp jump. let's get more perspective. peter, great to have you with us this morning. ja

. >> alcatel lucent confirms full year targets. we hear from the ceo on why the deal with nokia makes sense. >> alibaba is looking to invest in india's number one smartphone player micromax with negotiations underway. >>> welcome, everyone let's take a look at the european markets and how they're fairing this morning on thursday. despite the move to the upside in the euro it did hold on to positive territory in yesterday's trade. right now not so much here on thursday morning. stocks significantly lower across the board. the ftse 100 down better than 1%. the xetra dax down about .3% and part of that does have to deal with investors reacting to the strength in the euro. that's not good news for the exporters that benefit from a weaker currency. >> totally. now why is it above that handle? well it's because we have seen that massive rise in yields. bund yields in particular. not too long ago we hit a record low there about 8 or 9 basis points. now if we take a look at bund yields they're closer to 65. ten year bunds 65.7. the ten yea

at that point we decided to be trans lucent. we feel we handled this situation properly. >> i believe that the city of dover acted properly when they released the video. i think the community had a right to see that. and i think that transparency is very important. >> officer webster turned himself in on monday, and has been released on bail. he's also been suspended without pay pending the outcome of that case. >>> new information this morning about attempted attack outside profit muhammad cartoon contest in texas. federal investigators now say they new one of the suspects had an interest in the event. fbi director james comb i says hours before the event agents learned elton simpson might show up. but, they say they did not know of plans to launch an attack. simpson and his roommate, nadir, were shot and killed sunday when they opened fire at a check point outside the event. >> well, in just a few hours thousands of collegiate athletes will take to the schuylkill river. >> annual dad vail regatta bridges some of the best colle

of patel lucid, very strong in telecom, but -- alcatel lucent, very strong in telecom still, but othersne. juniper, an interesting and important companies though, but cisco really dominates the business they are in, not least of which is because of the focus on security that has been very important to the company in the last few years. betty: is robbins going to keep the ship steady? will he do? cory: who knows? it is such a behemoth of a company. it has done a lot of acquisitions and issued a lot of stock options to do it and use the free cash flow to buy back stock. the game has been to try to acquire the best. acquiring the best engineers what they call the manquisition. it's a time-honored tradition and cisco is loving it. betty: i like what you are doing with the phone. cory: it is a huge deal and because of the foot of twitter, -- the footprint of twitter, a lot of people have access to this. you saw a lot of piracy this weekend with people using periscope to watch the mayweather-paquiao fight. the fight was subpar anyway. betty: exactly. if it is free, somebody will take it. cory

she worked for at&t in an entry level sales position and led the spinout of lucent technologies. in 1999 she was recruited to hewlett packard the first woman to lead a fortune 450 business. she spent six years at the chairman and ceo of the company. she serves as the chairman of unlocking potential projects, the union foundation, good 360 and opportunity international. she ran for u.s. senate in california in 2010 and moved to virginia to be with her husband to be with her daughter and two granddaughters. >> thanks for joining us. >> glad to be with you. >> with a resume like that, obviously successful in business. why do you want to get into something like this or consider it anyways? >> because i think our nation is at a very pivotal point. i think ours was intended to be a citizen government. for most of our nation's history, people came out of private life and went to public service for a time when they felt as though their nation called them. i think we have a lot of people in the political class who haven't changed the situation stem and it needs changing. we now have an ec

its competitors and alcatel lucent arkham mining -- are combining.forms speculation about who might be a target. they could help erickson --ericcson avoid being marginalized. also wanted to make -- take a look at tivo. the shares moving higher by more than 3%. the company added 285,000 subscribers. yourself be asking like i did, are people still buying tivo question mark apparently, they are. it differs from the generic -- still buying tivo? apparently, they are. it differs from the generic offerings from cable and satellite. applegate farms is a closely of luncheon meats. -- applegate farms is by carmel, a closely held maker of luncheon meats. a lot of the traditional process food companies are trying to get into the natural foods is this through acquisition -- foods business through acquisition. olivia: julie, your dress match the carmel chile so nicely. mel chili so nicely. julie: i plan that. olivia: we appreciate the attention to detail. shut downhouston have transportation. there is a 40% mess that they will get even more rain. 12 have been kil

alcatel, lucent nokia get together, it's total disarray. cisco is in great shape. those who want to say -- there are so many analysts who are negative and i'm surprised. i think robins will run over them. i think they're road kill. >> we'll see what happens in the next couple of months. the big week for retail kins. kohl's out. earnings beat. disappointing sales growth has the stock down over 10%. penney out delivering a mixed quarter. reporting a smaller than expected loss, but revenue was light. they did up their guidance for sales and margins the rest of the year. people are saying that kohl's and macy's are making penney look like a hero today. >> i like the penney call. the previous regime came with a wrecking ball. how quickly can we destroy it? this home section was awful. kohl's the third largest retailer had been on a major roll. this is worrisome because it justifies why we saw that big mac row retail sails. kohl's down. >> you have to buy kohl's. don't buy it today. let the downgrades happen today. i do believe that people are going to extrapolate and sa

they started a strategic review for here after announcing it's takeover after alcatel lucent. nokia shares higher on that report. you can see up about 3%. >> still to come on the show russia flexes it's muscles in a show of military might. we cross live to moscow for an exclusive interview with one of president putin's closest advisors that says relations with u.s. are at a freezing point. we'll be back in two. >>> welcome back. toyota reporting a net income jump of 20%. strong sales in the u.s. and europe offset decreases in japan and other regions. the world's highest selling auto maker, shares in tokyo up by by .8%. >> nintendo released his earnings. all the details from the numbers live in tokyo. >> thank you carolyn. nintendo's earnings for physical 2014 were higher than market expectation. and with this news the company stocks surged to a 4 year high. sales did drop slightly by 4% year on year and operating profit and net income did well. for three years in a row they posted operating losses but showed a profit of 24 billion yen and expect their operating income to doubl

but adjusted operating margins declined and it helps explain why nokia agreed to buy alcatel lucent forillion earlier this month. and the ultra luxury housing market is scaling new heights. a record number of properties around the world command prices above $100 million. according to report, five homes sold for more than $100 million last year with 20 more on the market with nine figure asking prices. well, tesla is expected to unveil the first non-car products today. the company is introducing a home battery and a very large-scale utility battery according to an e-mail sent to investors. these batteries will be used to store energy to supplement what consumers get from the electric grid. how can tesla adopt this lithium-ion tech to a new market? we have a guest from o-power. our editor at large cory johnson here as well. along with nancy pfund. she was on the board of tesla. ok, so, nancy, i feel like you have got the best idea what tesla is going to unveil today. nancy: i do not have the details but it is important for people to understand that this has been an tesla's dna from the be

she had a, i think, a good career at lucent prior to -- neil: people forget that. >> to hewlett-packard, you don't get that job for a reason. neil: i think there is a prevailing wisdom not among the american people i don't think the american people feel this way in certainly the political establishment, the left leaning political establishment to be suspicious of those that succeed. hence the way we refer to the 1 hs as all but evil, and that hillary clinton is going to trample on them i think the whole language is so damaging that it's going to make people rethink the need forget about entering politics, even succeeding in business. >> right. i think that's true. and when huckabee starts talking about term limits that's really the issue, because if i sit back and say what's worse, somebody who's really successful in their career, and maybe they had bad periods during that but overall very successful or someone who's a career politician that's been in washington for 30 years. i think the latter is worse. we need to be encouraging other people want to to get in the game. frankly from my

. >> steel mesh and trans lucent fabric. >> form finding has been used to describe his vision.ional works was this the west german pavilion at the. expo 67 may montreal praised for the blend of lightness and strength. >> he did absolutely pioneering work with his light-weight membrane structures. >> continued to influence the architecture in the '60s, '70s and '80s where you turn the structure to the surface instead of hiding it. this would have been unthinkable without freir otto. he spent decades in the middle east implementing what he learned. this animation from his company's website demonstrates how the marriage of european architecture and islamic influence can combine in a middle eastern setting. >> what i have taken from is to accept even for architecture a scientific method of working, scientific insofar that whatever you do, you study it and you put it in a very rational context and rather than inventing something and make it fit. >> it's more than 40 years since the stadium was designed and it's still in used to regularly for all sorts of events. it's come to be seen

rival, no nokia offered to buy alcatel lucent and the takeover will be completed by next year.he biggest players and the british fight game and he has been speaking to bloomberg. mark barton sat down with frank warren, the boxing promoter who has managed some of the biggest names in british boxing. he started by asking him what does it take to be a successful boxing promoter? frank: i don't know really. i have been doing it for a number of decades. mark: what is the secret? are there skills that are separate from other businesses? frank: obviously, you have to be entrepreneurial. you have to have knowledge of the sport. it is a strange old sport. it is so diverse at the moment. who the promoters are and what backgrounds they come from. most promoters -- bob aaron was a harvard lawyer, part of the kennedy administration. mark: how do you find doing business with them? frank: don king and i were partners for a while. you have your ups and downs. with bob whatever he says, if he says he will do it, he will do it. obviously there are other people who don't like him and they don't l

but my point is hard to see the fed moving to lucent in the u.s. crisis. >> tighten in the u.s.? >> yes, tighten. >> what is the standard on these numbers? >> on the monthly numbers? >> plus or minus 95,000. >> so if you hit, instead of all this announcement, why not do a regression of around 200 instead of thinking about all this stuff. >> i wrap in the three-month average and the number. >> it's not quite that what's the word? whatever you call it. >> within 50. that's my standard. >> you have a stander error smaller -- >> than the average. but that's okay for a model. it's not terrific it's not bad. i just want to point out, though, at 5.4%. if you do another tenth next month, you're at 5.3%. >> we knew that. >> what is the fed's long run unemployment rate? it came down to 5.1%. let's invoke the spirit at the table. one of the brighter guys we know here who was a huge fed critic and say, okay how were you sitting 0.2 above your long-term unemployment rate at zero and not raising rates. if that's the story. >> 5.1 is going to come down. it has be

you've been coming on "squawk box" -- >> 20 years. 1995 we did the spinout of lucent. ever celebrate 20 years. >> that would be great. >> more and more carly, it just seems like we talk past each other already this morning. you know we know about how divided the country is right now, but the one thing that we all want is for everyone to be able to have the opportunity that america is known to give people in terms of earning your success and prosperity and thriving and being happy. and hillary, supposedly wants that and jeb bush supposedly wants that but the ways of getting there are really different. >> well, you know it's interesting because i've spent a lot of time in the last couple years but particularly in the last several months talking to americans all across the country. and there is a huge gulf between people and government and the political class, a huge gulf. and whereas pundits in washington, d.c., say to me wow, you've never held elected office before. americans say yay, you've never held elected office before. there is a gulf and it's not partisan, it's n