luxottica makes ray bans and also oakley's. figure out exactly what these would look like it will go through that in the pulse. what fun. it has to look good. that is what investors say. we think that ray-ban and oakley will be part of this collaboration with glass. we had a note from -- saying this will give it a chance to dominate the technological frontier. that is why that stock is gaining so much. overall, this is what european stocks are doing. they are on the way up. every couple of really bright spots like luxottica. if you look at the ftse and cac and the dax over in frankfurt, they all gained between 0.7% and 0.9%. this is after they had the biggest drop in more than two weeks yesterday. we are awaiting where -- american data to see if the world's largest economy has rebounded from the harsh winter. we'll go through that in "the pulse." we have always cared about currencies, but we now care about it even more, because over the last two weeks it started to have an impact on earnings. i was speaking to andrew goldberg,

google plans to have luxottica design "hip" frames for "google glass". google glass is $1,500 internet-connected eyewear. luxxotica has 5,000 stores. google is working with fossil group for its internet watches. the unusually harsh winter has been a bonanza for warm weather getaways. for pinellas county in flordia, the abundance of snow in the midwest has been a bonanza---used as a medium for advertising. if a good salesman can sell snow to eskimos, how about using snow to sell sun to snowbirds? tourism officials in st. petersburg and clearwater florida commissioned snow sculptures in chicago. and their timing couldn't have been better. "yea, this was the creme de la creme of snow-sculpting winters. there was a plethora of snow--a lot of material to work with." joseph gagnepain built eight scuptures. dolphins, suns, and palm trees. pinellas county paid him $700 for each one...pay not expected--countless compliments for gagnepain and his crew of helpers. "people, police officers, all came up and thanked us. they were sick of all the snow and we game them

google is pretty flat in frankfurt now, luxottica up nearly 4.5%.ercentage gains for the german, french and uk markets, the ftse 100 is just under 1% higher. as far as futures are concerned, looking for a tick higher at the open this morning. currently called up around 38 points above fair value for the dow, the nasdaq around 9, 10 points above s&p as it moves higher by around 3.5 points above fair value. >>> as far as the agenda is in the states today, we've got the latest s&p case-shiller price index. prices are forecast to have risen 13.5% in january. we'll get february new home sales, expected to have dropped nearly 5%. and also at 10:00, march consumer confidence is out, forecast to rise slightly from last month. atlanta at the time fed president dennis laockhart speas this afternoon. carnival, hd supply, mccormick and walgreen report later today. in washington, d.c., david, nice to see you this morning. thanks for joining us. what's your -- >> good morning. >> what's your estimate of what's going on with house prices? on the one hand, we're go

google plans to tap into luxottica's more than 5,000 u.s. stores to help sell glass once the device is released on the general market - as early as this >> coming up on kron 4 news. why one girl was a band from school for shaving her head to show support to her friend. >> here is a live look outside. >> welcome back. the train operator who was in control of the >> train that jumped the tracks and climbed an escalator at the station a chicago o'hare international airport might have fallen asleep. the union president confirmed that they might be indications that she dozed off. the train operator has been with the cta for a year and was at the end of the shift when the crash happened. the ntsb says that data from signals and multiple cameras in the terminal on the train should answer these questions. >> we will take possession of this and we will send it to washington d.c. for examination. >> 32 people were injured and the station in chicago o'hare will remain closed at this time. >> the united states coastguard is hoping that that will be able

they want to get luxottica to try to help with the way they look. however, luxottica has some ugly glasses that look like google glasses. they do nothing, they're just ugly. >> but you know what? >> they look good on full figured guys. >> every time -- now he's not even here and you're going to insult him. >> he loves to here -- wouldn't you like it if a major -- >> he said yesterday in his column that you know you're the one who -- he said you know who you are out there and you forced me to pick. >> you said that yesterday -- >> he said he wasn't he was going to blame you, anyway. >> they were 35-0, only team ever, and you heard about them from me. >> look, i'm not a basketball fanatic like you are. >> i'm really not, either. >> you watch all sports. >> here is the most interesting business news today. andrew, will you make this interesting for me? >> i'll try. >> japan's sumatomo is in preliminary talks with rbs about buying the british firm citizens -- this company might buy the u.s. operations of the -- >> a little business news for you in the m

. >> you came on to talk about google glass and luxottica trying to make it even cooler. >> even cooler it's hard to do. >> yeah. >> i say sarcastically. >> this is a play to give more fashion. this is something that's really lacking in wearables in a lot of places, where they make great pieces of technology. but would people want to wear them? it becomes a whole fashion statement when you do. so, we're seeing now these fashion-conscious stores, like motorola, showed the moto 360. the design was the watch that was round. that was very clearly a fashion choice. and now, i think google is seeing, we've gotten feedback on glass. silly-looking to some people. >> no. >> maybe down the road, we don't know. they haven't shown what kind of frame they might make with this. >> just want to update the viewers. facebook, this is the breaking news that just happened moments ago. facebook buying oculus for $2 billion in cash and stock. the stock had been down almost 1%. it paired its losses here. it's down about 0.5% at this point. but getting into the gaming side of things. i'm curious, pete, if you

luxottica? >> for most of the designer i-frames, they operate under license with manufacturing.ate under the license of a tiffany, product, burberry, whoever it might be. they really own the business. regardless of where you go, when you walked out of the store you probably have purchased i-frames from them but you will not find your nate -- their name on it. this stock over the last year is a nice, steady, boring franchise. an important point for the market, you have seen what happened over the last couple of weeks. the best performers of the last year or two, they are very susceptible to profit taking. they have not done anything. >> biotech on the chin. netflix on the chin. is this hiding? >> it screams those sectors of the market being very valuable, prone to overtaking. a significant correction for real earnings there. tesla, netflix, linkedin, the upset sector of the market is overpriced. >> you are in barons all the time, read by many of our viewers on the weekend. are they the ones moving these stocks up? or is it the hedge fund cowboys? >> i think that capital chases re

they are collaborating with luxottica to help google glass go mainstream.has been stepping up its efforts to show how glass can appeal to a wider audience. >> let's get more into the latest partnership with google. brian womack joins us on the phone. why would google want to do this? >> it is an interesting question. i think that google needs to make some moves to make these gadgets a little more cool. while these devices have a lot of media attention, they have a lot of media buzz, they are still seeing a lot of the corners of the world as a lynch key. slapping names like ray-ban and oakley on them -- maybe that will give some people comfort they can be cool and still wear little computers on their faces. >> is google aware of some of the deception problems with glass? >> yes, they are. i think it was last week, they put out the top 10 myths of google glass. everything from privacy concerns to concerns that only geeky people where they use. it is one of the most popular blogs. of thelike to make fun glasses -- white men wearing google glass. picture after