paul donovan, chief global economist at ubs. head to break let's take a look at some of the names moving in the after hours session. skull candy popping on word hobey darling was named as ceo. most recently manager of nike digital sport. also take a look at a likonic art surge after the ceo john ricutello stepped down. >> it's in the game. >> coming up next on "fast" how the situation in cyprus can agitate one group that's not known for being too friendly. >> what he's in the market for right now. plus a deeper dive into the oil markets. haroldham, the ceo of continental resources, he'll tell us what it will feel like on the last leg of the energy boom. much more "fast" straight ahead. ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ makes it easy for anne to manage her finances when she's on the go. even when she's not going anywhere. citibank for ipad. easier banking. standar

as the banks reopen in cyprus, paul donovan summed it up best, cyprus has not caused problems for the europe. it just means next time we get a problem, the reaction will be bigger and the way to sort it out will cost more. in the meantime, it's interesting to note that during the course of the recent weeks the flight to quality has pushed yields down far further than we have seen here in the united states. look at this disparity as the yield on the ten-year goes to an almost eight-month low. the other thing interesting, the cost of insuring the big 25 banks or insuring to invest in the bonds of the biggest 25 banks and insurers around europe is up for the tenth straight day. you can see it up there. there are strains deep at the eurozone, for the moment we sale into the weekend, fine, keep an eye on what's happening in italy. we'll get clarity over the weekend, presumably that they can't form a government and what that means for the italian electorate. back to you. >> simon, thank you so much. have a great weekend. simon hobbs for us. >>> as the dark cloud is lifting over europe, or a

. >> by the way, it's not just the dow which as paul donovan rightly point out, is a global index. 40% of sales are worldwide. we saw japan and australia at 4, 4.5-year highs. it is a global phenomenon. and speaking of global phenomenons, should we talk of vodafone? >> shares up 5% this morning. some suggestions that they've been talking with verizon. verizon thinking about their relationship with vodafone and whether they should buy vodafone's stake out, whether they should consider a full merger. it's probably fair to say, one would imagine that every year these two companies -- >> have this discussion -- >> think about what should our relationship -- they will be normal every year, reviewing what the relationship should be. are they going to decide something. >> it comes in the middle of the cable congress in london. coming off the world congress in barcelona, the way that the mobile industry and fixed line industry are coming together, there's so much pressure on wireless networks. we saw vodafone looking at cable deutscheland, they're trying to get access it more consumers to offs

paul donovan. >>> lot more coverage of the markets on this record setting day for the s&p as it finallyose previous record closing highs. plus a side of rick santelli on budgets, debt and interest rate expenses. back in a couple of minutes. suddenly, she does something unexpected and you see the woman you fell in love with. she's everything to you. 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