newelrl rubbermaid has a tremendous record for cutting costs. in 2012 they launched a major restructuring on track to deliver as much as 675 million in savings through next year. that's way more than a hundred millionle in savings initially forecast. if they can do the same thing for jarden as for themselves we could be looking at over $1 billion in savings from the deal. that's not in anybody's numbers. that's exciting to wall street. third the merger creates the opportunity to reorganize. jarden is an extremely well run company, one that created tremendous value for shareholders. many of you bought the stock after listening for years on the show. it's become messy with a crowded portfolio of 150 brands. 80% of the brands account for a number of the sales. i can see the company jetison a number of weaker brands to focus on what's working. that makes sense. most important the deal brings together tremendous talent. ceo mike polk, one of the most well respected take no prisoners executives will stay on to run the company while jarden's cofounders

we've delivered 6.2% growth on newell rubbermaid, 5-5 on the jarden last year. among consumer goods companies the combination both companies entered the combination with great momentum and strength. those are pretty strong leading numbers particularly given the u.s. footprint of the combined company 70% the revenue is u.s. based. so despite modest gdp growth, both businesses are performing well. we don't see any indications of a slowdown in sellout, which is going to be the best measure of consumer involvement. >> all right. we'll leave it there on that optimistic note. >> great. >> mike polk, good to see you. the ceo of now newell brands. let's send it to sue herera with an update. >> good morning, here's what's happening at this hour. ecuador's president says 350 people have been killed so far as a result of the devastating earthquake that hit that country over the weekend. another 2,500 have been injured. much of the damage has been reported in port -- defense secretary ash carter arriving in baghdad to talk with iraqi leaders about beefing up iraqi forces wo

some floated to safety in empty rubbermaid container bins or air mattresses, and even inside refrigeratorsay from texas to louisiana and all the way up to missouri. >>> new yorkers are vote toing today in the state's important primary contest. they'll decide 342 republican and democratic delegates. moments ago, hillary clinton and bill clinton cast their votes. hillary clinton and donald trump are favored in their home state. in again criticized the gop nominating process, but trump is confident he will win the nomination outright. >> please, please, we don't want any more business, we're doing too much business. we're making too much money. no matter what you do, we don't want to win anymore. i'm going to say, sorry, we're going to keep winning. we're going to win, win, win, and we're going to make america great again. america first, folks. america first. >> 95 republican delegates are at stake in new york. anything above 90 would be a big night for trump. it could also be a springboard for next tuesday's primaries where 172 delegates are at stake. >>> there are calls this morning to rest

look at that deal with rubbermaid with darden, martin frankly combining with mike polk, that is the kindf thing that happens when you do m&a here and there's a shortage of growth. so let's point out m&a has to come back for these companies. has to. you're in the sweet spot, david. >> on a day where we got row v.v. v v. tee tivo. >> yeah. billion dollar deal. tom rogers. >> there you go. oechbtly going to happen. david, what are you hearing about national -- >> nothing. it's up every day. >> is it? ge -- i know i was looking at this is the chatter. not so big versus baker hughes that ge couldn't afford it. they could use their digitization, i think the deal makes sense. i know there are a lot of people to say where are they to double down on the oil patch. i'm looking at oil every day and thinking when will someone buy -- when is someone going to make a move? look at this freeport. oil is doing well, copper's doing well. nobody bought anybody in the oil patch. it's time before it gets away. >> exxon and cat the two dow leaders today. let's get to bob pisani on the floor. bob. >> hi, i'm j