michelle caruso-cabrera has more now on the latest news about citigroup and how much more the banking behemoth can take. >> reporter: the company revealed in late february a $400 million fraud involving an oil services company in mexico. even before today's news of a criminal investigation, analysts questioned whether mexico was one of the reasons citi failed to pass the federal reserve's most recent stress test. >> we have a sell on citigroup because we do think that the company is facing a pretty tough time with all of this international upset, and particularly as a result of what went on in mexico where they let $400 million out the door without basically stopping it. so i think that it may sense for the feds to come down on citigroup. because clearly their controls are not in place. >> reporter: the lack of control from the top has some analysts calling for a broader shakeup the citi. >> the chief accounting officer into the financial crisis. two years ago citi was turned down for its capital plan by the fed. that's strike two. then yesterday being turned down again is strike thre

let's bring in michelle caruso-cabrera. >> the extort of this military action 4r5eding investors to seek safety. take a look at the intraday chart on the yield of the u.s. ten-year. when the eye cranian government announced action against the militias that had taken over various buildings. we have seen the yield climb up a bit. ukrainian fighter jets could be seen overhead, reports from both the associated press and reuters. heavy gunfire has been heard. russian president putin condemned the access in a statement via a russian news agency, saying he expense the u.n. to condemn what the ukrainian government is doing in the eastern part of the country. >>> white house spokesperson jay carney spent more than an hour taking questions from reporters. he made it clear that the u.s. would not by providing lethal assistance and the white house prefers to use other tools. >> we are prepared because of the authorities that we have in the executive orders the president signed to escalate sanctions and other costs if and when russia escalates its actions. the skeptics would say what we are seeing on

michelle caruso-cabrera has been the details. >> this is a big milestone event, right? the country that started the whole financial crisis being able to borrow again. they hope to borrow 2 to 2.5 billion euros, the yield is about 5 to 5.25%, a duration of five years. junk rating on these bonds, tyler, which brings us to the head scratcher in this. greece's debt is higher than it was when it restructured. you know how restructures are supposed to work. but that didn't happen with greece. in fact citi points out -- >> because? >> because they ended up injure borrowing money from ear european governments to pay back the old debt, right? their debt to gdp -- >> sounds like some friends of mine. >> greez's debt to gdp is 177%. still incredibly high, yet this bond tomorrow, only roughly 2.5 billion worth, there's demand for 11 billion worth of euros. huge, huge demand. >> why would any american -- even an american institution. >> our european. >> you've got the currency risk there. >> yes. so currency risk, these are denominated in euros, you as an american are buying them in

qualcomm and zynga among many others as we go through the second hour of "closing bell" with michelle caruso-cabrerany. i'll see you tomorrow. >>> welcome to "closing bell." big crowd for fergie, the lead singer of the black eyed peas. i'm michelle caruso-cabrera in for kelly evans. facebook earnings expected at any moment. in the meantime let's show you how the averages have finished the day. the dow jones industrial average lower by 11 points and the nasdaq lower by 34 and the s&p 500 down by 34. pretty tight trading range as we await apple and facebook. >> john steinberg, kayla tausche and also with us with more on today's markets is "fast money" trader tim seymour. steinberg, let me start with you. facebook and apple, will they bring it? >> facebook can move in either direction. mobile users over daily active users and apple, looking for anything above flat. >> dominic, considering the near bloodbath we saw in a lot of momentum names a few weeks back, how crucial is the performance of these companies' earnings? >> facebook in particular because it has become one of the poster children of that mo

seema mody and michelle caruso-cabrera on those big stories. seema?> the ipo mania continues all for ipos that opened for trade today. they're trading much higher than their offer price but does a big first day mean it's a good stock to invest in? >>> and iran exported nearly a million and a half barrels of oil per day in february. the white house said it would never be more than one million. that's up with that? in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. and a life of purpose and meaning was infused into a corporate culture. there was a commitment to creating new jobs out of recycled metals, right here in america. and a bank that helped carolyn rafaelian's bus

i'm joe we are knapp along with michelle caruso cabrera, and andrew ross-sorkin.wo companies to get extra attention from investors following the news of a multibillion takeover deal. one is generic drugmakers following news that india's sun pharmaceutical buys ranbaxy. you probably know some of ranbaxy's products but they have been banned for u.s. import because of concern about manufacturing plants in india. and another industry in the spotlight, cement makers, switzerland's holcim is buying lafarge to create the world's largest cement maker with combined annual sales of $44 billion. cemex and eagle materials are among the cement company that is trade here in the u.s. we'll see if there's a bounce in those companies. gasoline has gone up 5 cents over the last two weeks says the latest lumberg survey we talk about on monday to put the average retail price at just under $3.61. demand is up 4% from the same period a year ago. and the survey from lumberg says that's a key factor in the jump in price. >> are you not going to talk about the blackrock news? i want to pr

i think our good friend michelle caruso-cabrera, even though she's here we have more on the international news. >> a deadline for pro-russian militants have come and gone four hours ago. as a result, ukraine is threatening a full-scale anti-terrorist operation if the protesters refuse to leave. they also offered amnesty to protesters to lay down their arms, but anyone who supported violence would be punished. and this hour there are reports of another police station being seized by pro-russian forces in another part of eastern ukraine. ukrainian security forces launch ed a plea and the group was reportedly involved in a firefight. this raises concern that is russia would use this as an excuse to invade eastern ukraine. so far the markets in russia are growing nervous with the mugs market falling again today another 2%, down now 3% as we continue to see capital flight out of that country. cnbc europe, julia child, we did an interview with the russian finance minister who said, there's been a lot of capital flight from the emerging market, so this is not anything special. worse than last ye

michelle caruso-cabrera is listening for a more dovish tone from the ecb president. >>> we have morell be weighing in on high frequency trading and debate surrounding that. she loves a lot of the same things you do. it's what you love about her. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than 4 hours. if you have any sudden decrease or loss in hearing or

. >>> let's check in with bill griffeth and michelle caruso-cabrera. >> grad you asked, melissa. you're michelle, she's melissa. a new survey shows that inves r investors would rather put moan back into cd instead of stocks. we'll find out what's behind that rather big surprise. >> yum getting downgraded ahead of its earnings report. how should you be trading that stock ahead ofs results? we have a stock brawl coming up. >>> all eyes will be on netflix after the bell tonight. we'll have the instant analysis, the market reaction, all ahead for you. >> more ahead on "closing bell." see you then. tdd#: 1-888-648-602121 tjust waiting to be found. ties tdd#: 1-888-648-6021 at schwab, we're here to help tdd#: 1-888-648-6021 bring what inspires you tdd#: 1-888-648-6021 out there... in here. tdd#: 1-888-648-6021 out there, tdd#: 1-888-648-6021 there are stocks on the move. tdd#: 1-888-648-6021 in here, streetsmart edge has tdd#: 1-888-648-6021 chart pattern recognition tdd#: 1-888-648-6021 which shows you which ones are bullish or bearish. tdd#: 1-888-648-6021 now, earn 300 commission-fre

talk more about the speech we were just monitoring and the q&a we just heard with my co-host michelle caruso-cabrera, who is at the new york stock exchange, and with our senior economics reporter steve liesman. steve, let me begin with you. did she break any new ground? >> right there was a very interesting conversation, tyler. let me give a bit of background there. being debate in the economic community about the people who have left the workforce, people out of work 26 weeks or longer, are they coming back in? if not, is what you see what you get in terms of the labor fort? more people who aren't working create downward pressure on wages, fewer people upward pressure, concerned about inflation, you heard the eminent economist argue the idea that maybe these people are not coming back. janet yellen says i've heard that, i've seen that, i don't believe it. so that was an interesting comment about where janet yellen stood on a very important deb e debate. she tends to think there's more slack in the labor force. >> when i look at the intra-day chart of the dow, i would like to also see the intra-day

. >>> now let us bring in our chief international correspondent michelle caruso-cabrera. today she was at an event where henry kissinger spoke, and talk about ukraine. >> jackie makes this great point about natural gas being a possible way to com pat. russia faces harsher sanctions if it doesn't back down. that's from john kerry while he was testifying in front of the count today. this comes as violence is erupting. we had pro-russian demonstrators setting fires in front of the a government building. protessor clashed, about half of the area's residents are ethnic russians, kerry says they demonstrations that you see are being fomented by russia to give the country and putin a pretext to get involved. what to do about the increasing unrest in eastern ukraine led to a brawl in the ukrainian parliament. look at the screen. it started when ukraine's communist party leaders told lawmakers that the earlier ousting of yanukovych set the precedent for the protests we just saw. in response, there was a mass fistfight that broke out. brian, as you said former secretary of state he

our chief international correspondent michelle caruso-cabrera is here with the latest. >> heavy gunfire heard by reporters from associated press and reuters in an airport in kramatorsk. ukrai ukraine's acting president announced an anti-terrorist operation against the insurgents who have seemed control. and it coincides with a flight to safety tray. when there is fear investors buy u.s. bonds. we're showing you the yield on the ten-year. remember, when bonds climb, their yields fall. our interest rates in this country fall. the ukrainian government says it's regained control of the airport, but there are indications there will be more battles against pro-russian, the u.s. government uss fully russian militias. the ukrainian government gave them an ultimatum to leave. the acting president said, soon there will be no more terrorists in donetsk or elsewhere, suggesting there will be a lot more. jay carney, the spokesperson for the white house, telling reporters at the same time that the u.s. is not considering providing lethal assistance to ukraine. >> not providing. >> not. >> okay. thank

michelle caruso-cabrera joins us as well as eamon javers. you've made the point you don't there should be anything -- >> i don't even have to make that point right now. he's trying to buy a company. in order to buy a company, you have to buy the shares, beginning and end of story. if you think, my gosh, the stock is going up the minute everybody knows, if you use that logic, carl icahn and warren buffett could never be involved. that's not fair? that's the way it is. if you're going to buy a company, you have to buy the stock. >> look, sue, what we've got here is a classic case of how rich and powerful people use their money and power to become more wealthy and powerful. what ackman did also involves a washington connection, which is rob qassami. he's been working on some of the lawyer work here to make sure it states on the right side of rules. a lot of people may by from us traded, but the players in the game have to play by the rules as they are. ackman is making the case he didn't get any information from anybody who had a fiduciary obli

let's get to michelle caruso-cabrera. >> breaking news.hours. edward snowden made an appearance via some kind of technology. he did ask a question. he's not there in person. . >> i would like to ask a question about the mass surveillance online communications and the collection of private records by intelligence and law enforcements. does russia intercept, store or analyze in any way the communications of millions of individuals? >> we edited down the question because it was very, very long and wordy. but that was the core of the question. putin's response translated by our producer who has been watching who speaks russia. "i used to work for intelligence services like you. we all talk the same language. our efforts are regulated by law. we don't have any kind of laws that allow that. i hope we don't do that. and we don't have the money or the technical devices thief in the united states. >> are are you kidding me? >> our services thank god are protected and regulated by law. >> that whole thing was setup to say we don't do what they do. >

we talked a little bit about it yesterday with our chief international correspondent michelle caruso-cabrerain washington with more today. michelle. >> reporter: huge demand for this bond. remember, it was originally going to be $2 million greece wanted to borrow. investors were so eager to lend the country money, they upped it to 3 billion euros, excuse me. there were more than 500 orders they had to fill. it took all day for them to get it done. it finally happened just about 20 minutes ago, the final pricing on the deal. so we'll start to see it trade in the next 24 hours. it's a five-year duration. and it's the first time that greece is able to re-enter the markets for four years and two years since their massive restructuring. again, there was so much demand, they had 20 billion euros worth of demand. take a look at greece's interest rates over the last several months. a lot of that coming due to the help from the european central bank. the one thing that's important to keep in mind, why investors would still be so willing to lend greece money right now, even though it still has tons an

. >> i'm michelle caruso-cabrera here at the new york stock exchange where the winning streak in stockshe line. right now negative territory. dow jones industrial average is lower by about ten points and the s&p 500 is down roughly four points. >> not a lot of volatility. a lackluster day after yesterday's late selloff, when we pulled back from what could have been an all-time high so we'll see what we can do in the last hour. art cashin feels like if we

bob pisani and michelle caruso-cabrera with us today. several topics on the agenda.may be seeing some fallout from yesterday's discussions. the michael lewis book, reports that high frequency trading firm is postponing its ipo. bob, what do you make of that? is there a direct connection? >> oh, absolutely there's a direct connection. goldman sachs reports that they will be selling their floor market making unit also is a big impact on all of that. on high frequency trading it's very simple. we just need to make sure that the regulators have enough information to be able to look into abusive and manipulative behavior. i don't think high frequency trading itself is an evil. >> this is so much ado about nothing. first, these firms are trading four or five decimal points out. to say they are fighting over pennies, they wish they were fighting over pennies. >> fractions of pennies. >> fractions and fractions thereof of pennies. if this is such a hot, hot thing, virtu financial is going public with a valuation of $3 billion. candy crush got a valuation of $8 billion. virtu

. >> i'm michelle caruso-cabrera in today for kelly evans.e and ibm miss on earnings and worried. what it might mean for the market today. it is not the sell-off so many feared. perhaps some stronger earnings this morning will help matters like general electric which is leading the dow today. higher by more than 2%. >> jobless claims a little

let's bring in michelle caruso-cabrera. that's massive. >> it's huge.ntries that are very significant economically which is why we are covering them on cnbc. panama first of all has the panama canal which is this key maritime trade route between the atlantic and the pacific. so far, all reports are panama canal is doing just fine even though it's 275 miles from where this quake happened just within the last hour. we will wait and see if there's anything more. chile, the reason we are interested in chile, it is the largest producer of copper in the world. we all remember the chilean mining disaster. this is up in that northwestern region of chile is where it occurred. iquique, chile is the location. look at the video. just incredible. so far it appears all the copper mines are functioning. it's an issue of shipping the copper because of the situation of whether or not the tsunami was going to cause issues at the ports, et cetera. so far, the waves appear to be small. we saw a six foot wave come ashore but the damage could have been far worse. >> of cours

i'm andrew ross sorkin alongside joe kernen and michelle caruso-cabrera.s higher. a couple of pieces of news. johnson & johnson reported just a short time ago the company earned an adjusted $1.54. the company increased earnings guidance for a full year 2014 to $5.80 a share and $5.90 per share. we will see what happens there. joe, the other big news, coca-cola. >> reported 45 minutes ago, an hour ago. mukhtar kent, chairman and ceo of coca-cola. good to see you. how are you? >> good to see you. thank you for having me. >> whatever you're a company the size of coca-cola, even getting a 5% gain for earnings per share, it's not a given. what initiatives that you instituted have you been able to at least beat slightly some of these expectations, mukhtar? >> well, we are beginning to get our momentum back here in in the beginning of 2014. we have grown 2%. it's the smallest quarter of the year. we are please the we have been able to gain 2% on volume. also 2% on currency neutral adjusted revenues. and operating income growth on 7% on those numbers on a currency

michelle caruso-cabrera joins us 23409 from athens but d.c. >> greek debt deal looks like it will beill be able to borrow $3 billion. that's the upper end of the range. they initially said they wanted to borrow 2 billion to 3 billion euros. remember, when an issuance is super hot, a lot of investors asked for double or tribble what they want, knowing they will not get the whole thing. true demand is lower than that. but higher relative to what's available. yield is 4.95% is the guidance we're getting. coupon, 4.75%. why a difference? if you get in on the ground floor, you are buying the bonds at a discount to face value. their duration is five years. and like any hot ipo, the chances of retail investor getting in on this are pretty much zero. don't be confused. things aren't enormously better in greece. they are still loaded with very, very high debt levels. they still fight with imf every time for a disbursement. they are the equivalent of insolve insolvent. it represents 34 countries who went through a restructuring. what happened to greece's debt to gdp ratio? it is expected to go

michelle caruso cabrera is back at hq with more.nit. >> absolutely. "the new york times" reporting that u.s. federal authorities have opened an investigation in to citigroup's mexico unit known as banamex specifically related to a announcement of fraud by citi back on february 28th where they acknowledged they had found $400 million worth of falsified receivables. overall pretty small on the scale of citi's revenues which last quarter were nearly $18 billion but when it comes to fraud $400 million is pretty high. we saw mike mayo who is a banking analyst made a lot of news last week when he was on the halftime report saying that citi's cfo should really be taken to task for this, but at the same time somebody who is also going to come under increasing scrutiny as a result of this is probably the co-president overseeing global consumer banking. but he was in charge of banamex from 1996 to 21 and he was promoted toe kroo of latin america of 2004 and co-president back in 2010 but that entire time he also has overseen mexico. so, he wil

michele caruso-cabrera.ring a proxy fight with restaurant chain bob evans. we'll talk to tom sandell about his plan for the company right after the break. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. in today's market, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. in a we believe outsh

i'm andrew ross sorkin and michelle caruso cabrera is in for us with becky quick out, we hope she's back soon. and billionaire real estate investor same zell, barry sternlight is joining us, and then bill miller. plus big news to move the markets. and michelle has more on that. good morning, michelle. >>> following friday's employment report, the focus will shift from jobs to profits. the financial sector is going to kickoff the earnings season later this week. both jpmorgan and wells fargo scheduled to report on friday. profits for the s&p 500 companies are expected to rise by 1.2% in the first quarter. ahead of that, the fed will put out the minutes to the march meeting on wednesday. the markets will look for more clues on what the central bank could be thinking about the future of interest rates and the bond-buying program known as quantitative easing. let's check out the futures, are

michelle caruso-cabrera exclusively spoke with the italian foreign minister about the reform package and what will contribute most to the country's growth. >> it's a combination of structural measures notably in the labor market and fiscal measures which cuts the tax wedge, gives more money to households and companies to invest and spend in consumption and ensure fiscal sustainability even more. debt will start going down next year. it's the combination of these measures that will boost girls in the short term and the medium term. >> there's been criticisms that there's a lack of clarity on where the spending cuts will come from. >> the spending cuts will be broad-based and permanent. this means we will get more resources from our spending review but we will also change the way the public sector spends, both at a central level and local level. >> that means local government, caps on salaries. is there any way to flush that out a little bit? >> as i said, it's broad based. there are items which are relevant, including in the health sector, including in subsidies, including the way civ

for a quick analysis of all of that coming up on the second hour of the "closing bell" with michelle caruso-cabreraw, michelle. >> see you tomorrow, bill. > >>> welcome in to "closing bell." the s&p 500 is posting the first five-day win streak of the year. here's how we're finishing the day on wall street. the dow higher by 38 points. the s&p higher by nearly 7 points. let's bring in today's panel. also with us for more on today's market action is "fast money" trader dan nathan. lady and gentlemen, good to have you here. not a huge move today. it obscures the news that five days in the rows of gains, it's the best five-day gain in two months. it feels like the correction -- what correction? zachary, what do you think of the market at this point? >> i think the reality is we've had a market that is now up, what, 1.4% on the s&p, down about a necessary on the nasdaq year to date. and if we had had this conversation december 31st, it's not that surprising that you have a market that in spite of short-term gyrations up and down volatility, the fact we need to make stories out of daily movements, we are

the moisture, that's the fuel for these storms starting to pump itself out of the gulf of michelle caruso-cabrerafts a little further east but the spots seeing the stronger storms could see it tomorrow around little rock towards memphis and birmingham and by the time we head into tuesday slipping it a little further to the east so atlanta you're implicated. not just one or two days, several as we head on into next week having to deal with strong storms. be prepared now. >> thank you, alex. >>> today in the ukraine crisis an economic salvo. the new sanctions to be implemented any day now. this morning president obama warned russia of growing consequences if it continues down what he called the path of provocation. the president also sought to dispel vladimir putin's claims that the u.s. has you wiulterio motives for ukraine. >> it's important for us to make sure we are part of an international coalition sending that message and that russia is isolated in its actions rather than falling into the trap as interpreting this as the united states is trying to pull ukraine out of russia's orbit circa 195

i'm michelle caruso-cabrera. between 2 billion and 3 billion euros, and we're told by more than one source, demand stands at 11 billion euros, so multiple times oversubscribed. yields somewhere between 5.5 and 5.25. reuters is reporting something different. this can move around. u.s. books will close at the end of the day today, new york time. and there's probably going to be some availability to change tomorrow morning depending on what happens in europe. so why are we showing you the german bond at five years? if you want to buy one, look what you'll get paid when it comes to yield. if you're going to buy a greek five-year bond, you'll get paid roughly 5%. this is denominated in euros. you'll also take currency risks beyond the other risks when buying greece. right now, greece, we approach a milestone moment for the country that hasn't been able to borrow for years, restructured two years ago. even though it's still one of the most indebted countries in the world, will be able to borrow, looks like tomorrow, wi

. >> i'm michelle caruso-cabrera in today for kelly evans. yesterday we saw google and ibm miss on earnings and worried. what it might mean for the market today. it is not the sell-off so many feared. perhaps some stronger earnings this morning will help matters like general electric which is leading the dow today. higher by more than 2%. >> jobless claims a little higher than expected. the earrings misses last time like google and ibm really had people wondering. >> so very surprising to see the turnaround this morning. maybe it is offset by some companies that we hear from. >> here's a story we have been following all day. you get fired from your job in just over a year-and-a-half and leave with a severance package worth nearly $60 million. >> i'll take it. >> sorry, just didn't work out, but here is a nice parting gift for you. it actually wa lly with one yah executive? what's that say about the ceo marissa myer? we'll have that story. >>> it was on this date 25 years ago cnbc launched to the world. we'll have vintage clips and talk to the

cnbc contributor michael yosikami is here and our own michelle caruso-cabrera and dominic chu, greatmichael, yesterday at about 3:00, looked like a very different narrative. in the span of about one trading session we've whipped around and now people are starting to feel more confident. you buy here and put in the lows? >> i think janet yellen was a stimulus for the market, again, clearly indicating that she is going to continue to provide support for the market. the ukraine situation isn't getting any better, but i think the earnings numbers so far have been okay. we'll have to see what happens after the bell. >> dom, you know what's interesting, wasn't as if the guys reported yesterday, even in the case that they be really driving this market forward, and yet we did okay generally. >> we did okay generally. the bias that you have for the overall market is to the upside so -- to put it in electricity terms, the market is going to go where the path of least resistance is. for a long time you can argue since '09 it's been to the upside. what you had over the course of the past few day

michelle caruso-cabrera is at the table.k from washington after talking to italy's finance minister. what was that like? >> i've always wanted to interview this italian foreign minister. >> did you talk to him in italian? >> no, his english is perfect. he used to be the chief economist at the oecd. he's written that austerity worked in europe. and of course, krugman thinks that it absolutely has not. i really wanted to hear, how does it feel to be written about by paul krugman in his blogs? krugman is mean and nasty as he can be. when you listen to this conversation, remember two things, fiscal consolidation is when economists mean budget cuts and kanzianism. >> what do you think of paul krugman. >> he's taken the time to comment on may views. >> he would say there's incredible proof that austerity has failed. >> what i like to say is the following. that europe has undergone to fiscal consolidation number one. let's not waste the benefits of that, it's been successful. has been to adjustmentment periphery. this has been pain

. >>> up next, michelle caruso-cabrera with the march jobs report. ♪ ♪ ♪ at your ford dealer think? road construction, and gaping potholes. so with all that behind you, you might want to make sure you're safe and in control. ford technicians are ready to find the right tires for your vehicle. get up to $120 in mail-in rebates on four select tires when you use the ford service credit card at the big tire event. see what the ford experts think about your tires. at your ford dealer. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. then a little time to kick back. earn double hilton honors points with the 2x points package and be one step closer to a weekend break. doubletree by hilt

it's "business before the bell" with cnbc's michelle caruso cabrera. this was a wild one yesterday.ected. they made more than $5 billion of profits but that wasn't as much as what wall street was expecting and we'll see some weakness in that stock which is a member of the dow jones industrial average so it definitely impacts that average. and then what does it tell us about everything else? they were concerned about lackluster mortgage performance which was where some of the revenue was sluggish and the trading revenue was sluggic and that will impact some of the other banks. and the other stock we'll watch is general motors because there's a new recall related to ignitions as well. different issue. >> right. >> from the one we've been talking about. >> this one this time around just so people understand about the fact that the key going into the ignition switch they're saying that you can't have anything else on your key chain. can't have anything else to weight it down other than the key fob itself. >> right. but then there's this new recall where apparently the key can come out a