federal realty, they're doing quite well.id that because it's got a diversified portfolio, not tethered to any particular one retailer and tremendous geographic diversity and in a wealthy demographic. plus if amazon were trashing the tenants of the shopping centers of the world, how is frt able to raise rents last year which happens to be much higher than the peers for which is 1.9%? plus, federal is a serial dividend raiser. stock only yields 2.8% at these levels because the share price is going up so much. when you include reinvested dividends, frt has given you a double since i first got behind it in may of 2009. that's why i'm thrilled to have don wood, the ceo of federal realty tonight to talk about the amazoning of america. mr. wood, welcome back to "mad money." >> hey, jim. thanks for having me on. appreciate that. >> first on, happy 50th birthday. >> well, thank you so much. that's the company. personally, i'm past it. but the company is at 50. >> obviously, if you're 50 years old, you've been able to deal with lat of

at first potomomac realty ust, had.7 million square feet renewedeases. is an influence e of moy recognizes the value in t greater washington area. there is a lot to talk about livingsocial and expandingng, bt of the other headliners? livingsocial is certainly the larger brand but therere is also expanded their .resence in downwntown washingtn heard t this morningg that e city has lowered t capital tax to about 3.8% ian more technologygy the region. how does it c compare to kw virgia an maryland? >> we are seeing growth in all thisrea's especlly washington. strongestone of the the country for real- .state square feet in n the in our portfolio and we are in those regions. when might we h hit $1,0 per s region?ot in thi where are we right now? >> we are at $800 to $900 on a sqsquare foot. $1$1,000 of square foot publiliy .nd the next 18 mohs a building that could for $1,000 a uare foot on of the metro station. --arragut north so come up locati, location. >> yes. i think will l see that in the to 18 months. >> wat you seeing for the economy? it is small busi

dividends and development have made federal realty a win for shareholders. but should you be laying down cash for this thing, or could its retail portfolio fall out of style? cramer is taking a pulse of the consumer when he talks to the ceo, next. >>> and later, accelerated revenue. polaris industries kicked it into high gear this morning, plowing interview earnings estimates and speeding up guidance. time to ride this one higher, or should you wait for it to cool off? cramer's exclusive with the ceo's ceo is just ahead, all coming up on "mad money." >>> miss out on some "mad money"? get your "mad money" text alert today. text "mm" to 26221 to get cramer right on your phone. for more info, visit madmoney.cnbc.com, or give us a call at 1-800-743-cnbc. choose control. introducing gold choice. the freedom you can only get from hertz to keep the car you reserved or simply choose another. and it's free. ya know, for whoever you are that day. it's just another way you'll be traveling at the speed of hertz. [ traffic passing ] ] ♪ [ music box: lullaby ] [ man on tv

foreclosure activity increased in half the nation's cities in the first quarter according to realty trak, it was down compared to last year. >>> facebook will beef up security against hackers and spammers, offering free anti-virus software to 900 million users. >>> protesters marched outside the jenny electric share how older meeting calling on the company to pay their fair share in taxes. ge my for tee owner of nbc universal says the tax rate of 25% has been paid. >>> a whopper of an announcement from burger king, the first u.s. fast food chain to have all the eggs and pork come from cage-free chickens and pigs by 2017. a movement to placate animal welfare critics. >>> a new member joins the 400 home run club. plus, washington caps off round one of the stanley cup playoffs in overtime. the "early today" headlines are ahead. >>> incredible record breaking heat continues in texas, the forecast is coming up you're watching "early today." >>> good morning if you're waking up this is "early today." in sports last night the capitals eliminated the defending champions boston bruins to move on

>> i work at sotheby's international realty and i'm here to address the board. i've seen this whole thing happened, i was here a month ago when the appeal to place. this neighbor is literally trying to extort money from the sky. last this -- this guy. it is not how this system is -- he will finish up this project and get out of there. it is unbelievable how the system has been abused and i hope you guys deny the appeal. president garcia: any other public comment? seeing none. >> i was absent for the hearing. i did not review the tape. i did refer to hon had read the brief and i feel prepared -- i did refer and have read the brief. i feel prepared unless there is any objection from the party's or my fellow commissioners. thank you. >> their response -- the response by the requestor of the hearing did not provide anything specific. there are certain generalized allegations of nahyan structural compliance. and denounce the new intimation. i except the department's explanation of their due diligence. i would not support a rehearing. >> i would concur. in denying the

. >> and britney spears the realty show the pop star is rumored to be joining. >> take a look outsidet noon and a now idle place. stay tuned your first warning weather forecast is coming up. >> complete coverage continues with don scott, jessica kartalija and first warning weather with marty bass and weather with marty bass and ,,,,,,,,ogist tim williams, it i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all medicare supplement insurance plans, it could save you thousands in out-of-pocket costs. call now to request your free decision guide. i've been with my doctor for 12 years. now i know i'll be able to stick with him. you'll be able to visit any doctor or hospital that accepts medicare patients. plus there are no ne

eanwhile, the firm realty track is reporting foreclosures were up last quarter in more than half of the nation's 50 largest metro areas. >>> and animal rights groups are applauding an announcement from the world's second largest fast food chain. burger king says all of its eggs and pork products will come from cage-free animals by 2017. food industry analysts say a growing number of consumers are concerned about animal welfare. egg and pork producers say easing animal confinement standards will raise costs. it's good to see they're making changes there. >> free range, right? it's good for you. ashley morrison here in new york, thanks a lot. >>> straight ahead, your thursday morning weather. in sports, the dramatic game seven overtime battle as the bruins fight the capitals to repeat as stanley cup champs. but so have my allergies. nighttime is the worst. i can't breathe and forget sleeping. good mornings? not likely! i've tried the pills the sprays even some home remedies. then i tried something new. [ male announcer ] drug-free breathe right nasal strips. [ woman ] you just put it on a

the recent elections in california will be followed by a dose of political realty. the crucial relationship between local and state governments. tonight we'll explore why california's government is so dysfunctional and what can be done to fix it. we have a panel of people who should know. susan kennedy a democrat was governor schwarzenegger's chief of staff. don perata led the state senate for four years. dan schnur is a republican strategist and teaches at usc. and mark paul is an author of "california crackup." we'll be back with our guests? a few minutes but first a look of some of what ails the state. there is not much disagreement that government is failing. >> the people are frustrated because the state government, the structure does not work. it doesn't work the way that people expect it to work. >> and it may be about to get worse because revenues are $700 million below expectations. under a compromise budget that was already cut to the bone, additional cuts could be automatically triggered further threatening state services. schools are in bad shape and tea

foreclosure activity increased in about half of the nation's cities in the first quarter, according to realty track, but overall, foreclosures were down compared to last year. >>> facebook says it will beef up security against hackers and spammers, eventually offering antivirus software to its 900 million users. dozens of 99% protesters marched outside of the general electric shareholders meeting in detroit yesterday, calling on the company and others to pay their fair share in taxes. ge, a minority owner of nbc universal, says its 2011 tax rate of 25% has been paid. >>> and a whopper of an announcement from burger king. it will be the first u.s. fast-food chain to have all of its eggs and pork come from cage-free chickens and pigs by 2017, a move meant to placate animal welfare critics. >>> a new member joins the 400 home run club and madden's nfl game meets this year's cover boy. >>> plus, washington caps in round one of overtime. [ male announcer ] while others are content to imitate, we'll continue to innovate. the lexus rx. why settle for a copy when you can own the original? see your le

we often assume isolated events, but i think the most dramatic manifestation of the new political realties at work in rural and urban community thousands, all over the confederate south. most women never cross the line between protest and direct action. but when mary jackson got no satisfaction she recruited 300 town and country women to a meeting at the belvedere baptist church in richmond, got up into the pulpit to rally her troops, told them to gr

realty of the world. that seeing the world of mitt romney what about well america there is no evidence of any popular support for bashing russia for hostility towards russia so this idea that somehow or another russia is a concern for americans it just doesn't add up at all with a very small sliver of people asked about romney's comments president medvedev advised him to stop reverting to olden days hollywood steering types and take a look at the calendar. what it could mean but i would advise all u.s. presidential candidates to make reasonable statements it wouldn't do them any harm to do so and. it's the year twenty twelve look at midnight and seventy's and even the current leaders of the two countries may have long delayed the cold. war to rest but for some it's just too good to like girl boy to return to those cold war simple days. russia is not the only foreign policy bandwagon the republican presidential hopefuls are capitalizing on the list also includes china iran's syria each candidate except ron

that there is a lot of inaccuracies to how that is made out to make them look better than the real realty? what would happen if any member of the public who had tried to get some information could upload why that information wasn't public if they wanted? their own youtube video to tell what the significance of this was either to them or to the public interest? so, it's available on the web. then you have this marvelous search engine which could find all of this stuff for you easily, whatever topic you wanted. so if you were thinking about making a request, you could go in and find what other people had asked for and how it was handled and compare and ideas about what records might be there that would be responsive to your request. and you could look at records and say, oh, look at there. every time they are doing this. this is not good. and you had really hard facts behind it, or you could look at it and say region a, they respond this way, region b, same agency, they respond this way. they are 180 degrees apart. what would happen then? well, i predict that that really -- based on 40 year

may not be possible to do research realty. right now on the subject of markets market integrity in these markets be calm distorted in that they're no longer supply and demand so much as they are being driven by algorithm algorithmic trading algorithms and these huge locals these huge deep pocketed players who have a bias i mean in the case of the metals market and you track metals quite closely over their respects there seems to be a definite. ceiling put into gold and silver for example from those who are you know they're really doing the bidding of what i call the paper bugs the fed and the investment banks etc. you know immediately the trading. john mainly by normal networks you know i work in the trading it when i'm a primary it's in the city it's more involve equals trade votes in brazil as well and chamber hill came in they would pick up size more kits and a lot this is great you know if you do want to lead a broader sense of the. trade it is of course working acres and not trade with each other. but it turns out the cha

political realties at work in rural and urban community thousands, all over the confederate south. most women never cross the line between protest and direct action. but when mary jackson got no satisfaction she recruited 300 town and country women to a meeting at the belvedere baptist church in richmond, got up into the pulpit to rally her troops, told them to gather the next morning at the entrance to capital square, to leave their children at home, a detail i love, and to come armed. it was truly a confederate spring of soldiers' wives discontent. these women made themselves count. the wave of food riots had a measurable impact on confederate war policy forcing revisions of conscription and tax policy. but its greatest effect, i think, was the way it prompted the development of a massive welfare program by the states, that in allocating scarce funds and food stuff to the release of soldiers' wives and children dwarf anything undertaken in the north. this is a broadside that comes from the, a year later when there was another series of riots showing that the confederate governmen

. ♪ >>> up next on "mad money," cramer has the exclusive look at the ceo and the federal realty as top coming up at the top of the hour. time for the green trade. this time there is relatively good news for the stock. analyst at kantor fitzgerald upgraded and joins us now to tell us about the call. great to have you with us. the stock was down 7% and a high shortage and has that has a roll n how the stock trades. it was lukewarm and it's a hold at this point to see more consolidation and capacity cuts coming. how does it shape up? >> well, let's be perfectly clear. i'm not positive on the solar panel industry at all. they deserve a long road to go with negative things going on. we had a sell rating since we initiate and took every opportunity when the stock was either up or in the triple-digits to say sell it. down here in the low 20s when it's right at the price target of 2150, we are saying right now we believe that the industry and in particular they recognized the challenges in the industry and yesterday they announced they are cutting 33% of the capacity and 30% of the employees a

how responsible can a president be and an administration to the realty of a school like this? and how much is actually down to a mayor and to local education? >> first of all, you have from the top through the classroom and including the kitchen where parents talk to their kids in their house. you have to have a culture of accountability. a president sets a tone. a secretary of administration sets a tone. i reward president obama for taking on reform. and that's what the race to the top was. you have to make major changes in how we teach and holding people accountable. i believe that as mayor i'm going to be held accountable. i've held goals not just in k through 12. i believe in being held accountable. >> here in chicago, you have the world peace summit. and unbelievably, you've persuaded mickael gosh chof to come to school. what is the idea of bringing them to a school like this? >> first, we have the robert f. kennedy foundation, the nobel peace prize winners from around the world. president jimmy carter, mickael gorbachev will be here. i wanted them to speak and learn from

much rather play real estate through a real estate invest trust with a decent yield like federal realtys. then on march 28th chris from california called about vocs. since it was a microcap stock with a tiny market cap of a quarter of a billion dollars. i wanted to do more homework before i rendered an opinion. it's a highly speculative provider of cloud-based marketing and public relations software that helps small businesses influence customers across the web, social networks and through the media. vocus recently bought a social and e-mail marketing firm called icontact for 169 million. but that's a huge deal for such a small company. a little worried about the integration risk going forward. this one's too speculative for me, especially in an environment where small businesses aren't in great shape. take a look at e.t. if you like that one. and on april 4th bill from hawaii wanted to know what to do with ubiquity networks. this one stunned me. i've got to tell you. it makes powerful wireless hardware and right now they're working on a way to use their technology to provide cost effec

realty tracks says if number of homes receiving first time foreclosure notices rose 7% in march from the previous march. >>> next time you order a pizza. would you like cheese or a hot dog in your crust? what? that's a question you soon may be hearing when you order a pie from pizza hut. take a look at this thing. not only is there a hot dog in the crust, look at that. you also get mustard drizzled over the top of it. the tot hog pete s -- hot dog pizza will soon be available here in the states but for a limited time only. my arteries hurt. >> it sounds light. >> pizza? heart attack pizza. >> calorie free. i'm sure. >> yeah right. thanks jess. >>> well, the time is 6:10. mike's cool schools report is a up next. >> scientists learn what happens when you flush that water down the drain and what needs to be done next before it gets used again. we'll be right back. >>> welcome back to 9news now. it is 6:13 on this thursday morning. howard's back and he's going to get right to the weather. >> it's a good looking day out there today. another breezy day and it's been breezy for at least a

. >>> we have breaking news to tell you about realty now. -- right now. police on the scene of breaking news. sky eye chopper 13 is over the scene. captain mike perry has details. >> sorry, denise. we're actually in harford county. passenger this bank robbery occurred at a bank in forest hill. maryland state police and harford county sheriff's department just made an apprehension on at least one person that we know of, possibly a second, they were tracking these individuals from the forest hill area, down to south bel air, where near the wal-mart, south of the benson police barracks, in harford county, where they went behind a wal-mart and ran into a wooded area. they called canine dogs from the harford county sheriff's office, and baltimore county police helicopter to assist in apprehending these individuals. we understand those persons were apprehended in the wooded area, just north of the wal- mart. you're looking at police activity, some fbi and harford county sheriff's office people on the scene, maintaining a crime scene here. just north of the wal-

. >> but hey, what's realty when you have a message to deliver?> each individual brain has about as many neurons as there are stars in the universe. >> doesn't america want more neuroscience? america, it seems, still needs more newt gingrich, even if the campaign trail does not. >> how will historians view this presidential campaign? >> view this campaign? as chaos. >> and thankfully for america, newt gingrich isn't following anybody's marching orders but his own. >> oh, okay. get to the important announcement, we have instructions all the time. i am the last conservative standing and i am still standing and i am running hard. >> still standing and running hard. worth noting, ben smith, that ron paul now has a video game crafted in his likeness. ralph nader in the pages of "time" magazine calling him one of the 100 most influential people in the world, in the americas. i ask you, who's in this race for the long haul, ron paul or newt gingriching. >> ron paul will still be running late next year. i don't think he ever dropped out in 2008. i think h

the realty is -- you. >> you were waiting to drop that one. >> i had to use my chance and see my target. what's interesting as my distinguished colleague just said, obama hasn't been as effective as others wanted him on the progressive side of things to be and to be as articulate about these matters. again i think it's the attempt of romney to seize the higher ground. santorum has just dropped out. he's got to take over the santorum constituency in a way he can saddle up to them. what better way than in the aftermath of the trayvon martin killing and stand your ground to side with the nra without embracing george zimmerman's colleagues who say it's good to defend yourself. >> michael steele, michael eric dyson brings up a valid point which is we are talking about trayvon martin obviously. a lot of news on that case this week. is this an appropriate time for romney to be picking up guns as a policy issue? >> look, i mean the timing is the timing. this is probably been on the books for a while. you know how that goes in the political campaigns. you cancel it it, it's a news story. you go

that's according to the listing firm realty track.t marks the third consecutive monthly increase this year. many banks are able to take action on those unpaid mortgages because of a $25 billion settlement with several li.carniaat inclcaliforniaia. the state attorney general reached that agreement with the nation's largest mortgager. parents complain they're difficult to install. now researchers are blaming poor design by car makers that put seat belt buckles where they block the anchor for the child car seats and parents sometimes ignore an important safety feature. >> we think many parents may believe a tether is optional, but the tether isn't optional. it's absolutely essential to getting the best protection from a forward-facing child seat. >> to prove how essential it is, these crash tests demonstrate what happens if the tether is not used. >>> this morning we're learning more about two college students shot and killed in their car near the university of southern california. last night hundreds gathered on campus for a candlelight

digital realty trust. that's technology reits, again, that's a great smpace to be in. any correction you want to buy it. >> anybody from warren buffett to tom that's talking about buying real estate you look at the people that profit from people going in there and fixing them up, making them rentable, average spend is somewhere between 9,000 and $13,000 to fix them up for rent. that goes to home depot, that goes to lowe's. so i buy those on dips. a quick question, i was at a distressed equity conference yesterday, and everybody was talking about europe because when they were talking about the availability of assets in the united states, they said there are good ones here, but they're much closer to fair value in their opinions than the units are overseas. what's your opinion on that? >> yeah you know, it's a great theoretical and intellectual theme, totally impractical. because the european legal and banking system does not work like ours. so the idea of foreclosure laws, bankruptcy laws, are real a anathema there. so even you though find tremendous distressed assets t

realty track reports a number of homes getting first time foreclosure notices went up 7% in the monthrch. it's the third straight monthly increase this year. still, the number of homes getting default notices scheduled for auction or repossessed, went to the lowest level since july of 2007. >>> time now 8:09. it's on the launch pad and ready to blast off the international threats now being made if north korea launches a controversial rocket. >>> also new information about a fatal crash in the east bay. what happened moments before a freight chain hit that car. >>> and more bad news for buster posey fans. giants catcher may miss tomorrow's home opener. it's not a girl. it's bacon. if you love bacon, make it official- bacon, you look beautiful. -with my new blt cheeseburger. a 100% beef patty loaded with hickory-smokedd bacon plus fries and a drink for just $4.99 you may now eat the bride. >>> still off and on rain there. nothing too heavy but moderate rain. a mostly cloudy day inland with occasional showers and tonight we cloud it up again, and rain takes us into friday. high today upp

data quick realty tracking firm says fewer homes entered foreclosure during the first three months of 2007. notices of default which is the first step in the process fell by 8.5%. still, more than 56,000 homes received that paperwork between january and march. >>> well, our time is now, 8:49. new this morning, a cage-free promise from burger king. the company just announced that all of its eggs and pork will come from cage-free chickens and pigs by the year 2017. the burger king is responding to growing customer demand for humanly-raised food. burger king says 9% of its eggs and 20% of the pork are already cage-free. >>> well, the city of san jose singing the praises. ♪ >> yes, he was sayry maded by the -- serenaded by the glee club. you know, he made it to the top eight on "american idol" before being eliminated. >> thank you, just everybody, thank you for all of the support from my home town. it means the world to me coming back here and getting all of that love. >> he also received -- received a commendation from chuck reed. you know it won't be the last we hear of this young man.