santander is weaker. as far as bond markets are concerned, no big reaction to the hiking of margin requirements from the beginning of may. around 3% level on the ten year yield at the moment. and spanish bonds, 50 basis points comes in on may the 3rd. bund yields higher than where we have been. as far as the currency markets are concerned, the reaction to ben bernanke for the dollar has been to see the dollar index slip to three week lows. yesterday did upgrade their economic forecast slightly. slightly better turn on the economy. but they still kept the door open for more qe and there are some who position themselves in thoughts that would close. so euro-dollar up to 1.3254. dollar down against the yen. canadian dollar after seven month highs thoughts the central bank won't add to its monetary policy, so doing fairly well. and sterling actually here up at 7 1/2 month highs against the dollar despite the pact that we saw with the flash estimate uk officially in recession from yesterday. christine, how hav

marcador el emelec dejo por fuera al cuadro brasileño ahora nos vamos a españa donde el racing de santanderllorca y así mantiene la permanencia asegurada mientras que el racing de santander acaba la jornada en el último puesto, seguimos en españa el villarreal ante el málaga se puso arriba del marcador al minuto 65, después de una pena máxima el arquero recibe una tarjeta roja y se va y ahí el segundo del partido 2 x 1 ganó el villarreal, para los que están preguntando real madrid y barcelona cuando juegan, con el marcador mcdonald llamó la promoción del día sábado... nos vamos a una pausa pero por favor no se muevan que ya regresamos con más. >> jimmy: gracias por continuar con nosotros ahora vamos a costa rica donde un partido con honduras como preparación, el marcador fue 1 x 1, artista tremendo cañonazo, el empate llegó después enfrentaba a dos técnicos de coia

a lot of international funds have come in here and santander calling help vulture funds. so they were not doing deals because it wasn't worthwhile selling. but there are other investors coming in to this market wanting to buy spanish real estate starting to cause some movement. many of the banks are just not offering as many mortgage products and that's reducing exposures p bnk funding costs are certainly key and the pressure you've seen on the banks today is important and that's why the banks want access to the l it chlt ro just in kcae nus this case the markets remain frozen. take a listen. >> translator: i personally believe it would be very good if the ecb didn't say to bluntly that it is the last of the last and will never be again. because we think they should not be that clear. they should say if the conditions continue to be the same, that is markets are closed without the possibility of making any issues, then the ecb would consider the possibility of another window. >> santander parked those funds back with the ecb as some sort of insurance policy. they're sayin

banco santander not going to hurt this one.least, can lulu grow its margins or will it be overwhelmed by raw costs? it can make its existing stores more productive. and the fact they use so many synthetic products as opposed to cotton that helps control input costs. here's the bottom line. in this market i need you to be constantly on the lookout for pullbacks in great growth stocks like lululemon because it's the exact kind of company you can buy into the weakness. but for heaven's sake wait for the weakness. no need to jump the gun on a red hot stock when the market will always give you a price break if you're patient. go do some yoga and wait for a downward facing dog day and then pull the trigger. matt in new york. matt. >> caller: hey, jim. a big philadelphia phillies boo-yah. >> well, man, i'm going sunday with pop. so i'm looking forward to a boo-yah like that. >> caller: yes, sir. i'm calling about hot topic. hott. >> right. >> caller: now, it's coming off this 52-week high. and i have a lot of shares in it. and i just

previous quarter and also stand in force downgrading sixteen banks among them everywhere it's like santander . on the commodities markets and it seems that investors are pretty much come to accept the factors affecting supply which has become pretty stable and demand because of a slowdown in economic recovery and this is why we are seeing in april the narrowest margin of the world trading price than ours margin in seventeen years and it's declining slightly this hour. in that currencies the euro has been pretty stable against the dollar throughout the whole session now down by just a notch whereas the ruble in its latest session which was on saturday because it was a working day we've got a lot served days off or with the may hold is coming up and today is one of them and this is why the trading on the russian stock markets was also off what you're about to see there they are going pictures for saturday's session was pretty flat with investors reluctant to make any dramatic moves ahead of. two russians have made it onto the list of the richest people in the u.k. actually the three top positi

. >> dejan el umbral del descenso al racing de santander. >> mÉxico se despide para siempre para julio, vemos sus compaÑeros y su familia lo recuerdan eternamente. >> nos esperan tremendo. y el puro sor musical lo trae la cantante. >> sube la temperatura en nuestro programa atenciÓn reveladores trajes de baÑo de las chicas de nuestra belleza latina. >> hoy dÍa es viernes 13 de comunicaciÓn con el mÁs alla alguna vez a hablado con un espÍritu. >> reventÓn gratis para sus fans a cuenta de diana reyes tremendo reventÓn cuando dio una vuelta por twitter. >> todo esto mejor en "despierta amÉrica." >> todo en la maÑana. alegrÍa. ♪ no voy a trabajar, no voy a trabajar ♪ hoy es viernes! (risas). >> dios mÍo! >> me lo tienes que prestar willy. >> hay que empezar con ganas raÚl dale, dale. bueno, si no se ha dado cuenta hoy dÍa es viernes 13 de abril del aÑo 2012, ademÁs viernes 13. vamos a decretar que serÁ un dÍa perfecto, bien lejos con el 13 y nuestro querido poncho sigue de vacaciones y saludos con un sÚper beso y vamos a comer, bailar vamos a disfrutar y hablar de espÍritus. >> que waguapa

. >> the big banks, the santanders of the world. their stocks got crushed today. >> they did get crushed today. what's important for spain, they relax some of the rules as far as fiscal tightening. they shouldn't be doing the amount of tightening they are doing. yes, long term we have to come to term with our long-term fiscal obligations. >> spain is not getting its budget through its own parliament. do you expect the euro to collapse? i heard people today talking about the euro collapsing to 1-1 against the dollar. i have heard this talk before. it has not come to pass. >> part of the reason it hasn't come to pass is because the ecb has been very vigilant in not giving the same types of assistance that the fed has given what we have seen from the ecb, while they will say one thing if it gets bad enough, they will become creative and do something else. >> that's fair enough. michael, let me go back to this when the president of the united states gives rah-rah speeches, raising taxes on investors, on capital on investment, tantamount

. >> smith: banco santander had a big fund. >> didn't know that. >> smith: optimal. >> didn't know that >> smith: manzke says everyone operated by madoff's secrecy rules. did madoff say to you, "don't put me in your prospectus?" >> yes. he did. >> smith: do you think that's right? do you think that's appropriate? >> umm, i don't know. every one of my clients knew that this was a madoff feeder fund. >> smith: so why not put it in a prospectus then? >> umm, that was one of, always, bernie's conditions of getting an account. >> smith: but you've publicly called for transparency. that's transparency. >> yes. but many funds and investors were very secretive. they didn't mention that they had money with madoff. it was something you didn't talk about. >> smith: and that's exactly how bernie madoff wanted it. >> the question of when it became a fraud is fundamental to the bernie madoff mystery. this went on for an astonishingly long time for a ponzi scheme. >> madoff was driven. he has the kind of personality that is extremely proud of the incredibly intricate and complex web that he's woven. >

the biggest bank of all in spain, one of the biggest in the world is santander.ir ticker symbol, std. take that for what you want. it's closed in europe. that is the adr. these are names, std and the second biggest bank in spain you should be watching every morning when you turn into worldwide exchange. >> spanish banks are biggest lenders to portugal as well. >> well said. >> cramer's always sweeting out about spain at 4:00 in the morning. always. his first tweet. spain. >> he's waking up or going to bed. >>> take a quick break. more on your markets. barry knapp of barclays coming up. a lot more to do on these overall names. a cast of thousands here. we promise, julia boorstin. >> great to be here. an exciting day. >> are you having a fun time? >> it's a fun time though the dow is at its lowest level since february 2nd. committed to our suppliers... s you know, those farmers, those foragers, those fishermen... for me, it's really about building this extraordinary community. american express is passionate about the same thing. they're one of those partners that i

among the worst hit, santander.egative outlook mirrors the long-term rating of spain's sovereign debt which s&p 500 downgraded last week. >> comments, questions about anything you see here on e-mail, squawk@cnbc.com. they want to know what you think about the hong kong dollar now. in the meantime, hunter, talks exclusively about the cp proximatit fight. bill akman wants him to run the show. find out what he says after the break. >> announcer: still to come, we kick off the "squawk box" book club. and hand out our first blue chip book award. our inaugural author wrote timeless classics that every business investors needs to have in their library. james stewart, author of den of thieves, joins us at the top of the hour to kick off a new list of must-reads for the business world. only on "squawk box." it's very important to understand how math and science kind of makes the world work. in high school, i had a physics teacher by the name of mr. davies. he made physics more than theoretical, he made it real for me. we bui

santander had a 24% drop in profits. actually that was better than we might have thought. but they had a big jump in loan loss provisions up 51%. they have hit the capital targets required. stocks actually been hit more than we thought. other stocks in focus, alcatel-lucent the biggest faller down 13% today. a slowdown in the tell are a com market and margin compression. else wrrks not too bad. bayer, stock up 1.8%. did well with fertilizer particularly from the united states. offsetting any margin pressure they might feel in the chemicals business. unilever up 2.4%, they beat today, as well. still cautious about the environment, but markets like what they're hearing from unilever. and royal dutch up 3.82%. their mums coming in better than expected. 11% rise in their fourth quarter profits helped of course by higher oil prices. so that's where the good news is. bond yields going up in italy and spain. france, as well. we've also seen lch kleenex announce they'll increase margin rermt requirements. this in in france, in 10 and 50. and for spain, issues between 2 and 15 year

. >> marÍa es la hija de josÉ luÍs santander. >> es un pernaje muy bonito, cuando estaba haciendo elalgo que hizo. >> pero todo lo que estÁ pasando con la belleza latina en esta temporada. >> saben como de costumbre despuÉs de este an programa de la gran gala sal y pimnta va a estar ahÍ captando lo que estÉ pasando, todo lo que estÁ sucediendo tras bastidores y como siempre trayÉndoles lo mejor a ustedes en su casa que nos han ayado durante aÑo y 6- 7 meses les agradecemos muchÍsimo. >> tenemos una cita despuÉs de nuestra belleza latina y en sal y pimienta >> ya que eamos hablando de jorge salinas. >> tengo que contarles que adriana cataÑo siguen su programa. >> sabes q todo es broma. >> ¿por quÉ dijiste que es un vagabundo?. >> porque, porque, porque el seÑor montero le fue infiel a ana paula. >> ay! bueno, bueno, bueno. >> con su hermana. >> entonces el personaje es el vagabundo. >> okay, okay, okay. >> ay! no pongan palabras. >> te ves como estÁn calumniando hoy. >> quedÓ grabado lourdes. >> que bueno que lo pongan porque estoy habland de su personaje en "la que no podÍa amar >> y

certainly those big guys, bbda and santander down 4.8 and 3% repetitively.ay see that the central bankers, mario draggy become more hawkish about what's going on because you have to balance the government council views where they pump so much money into the economy. you, therefore, might find that the euro continues to be relatively supported during the course of the year so far. you've seen the euro climb against the dollar to 1.34334. carl, back to you. >> thank you very much, simon. renewed concerns about some in europe today. meanwhile want we've got ed lazier, the worst economic recovery in history says that basically what we have gotten so far has been the result of gimmicks, in his words, cash for clunker webs first time home buyer credits and then uncertainty about taxes and regulations. >> well, the regulation issue, i've had issues about that a lot recently, especially the one in the "new york times" a couple weeks ago. that's another matter. but -- >> greg smith? >> yeah. but here is the thing. what lazier and while regulation could be a very, ver

down 6.5% for santander. huge issues for that. you have to recapitalize the bank.month. how on earth will they continue to buy the sovereign debt. looking at the italian situation, big falls also in milan. check that out, falls of 7% or even 8%, and that on the major markets is not through yet. let me show you the intraday charts of germany, of london, and indeed, where we are in paris. and you'll see again, we've got a stabilization coming through the session, but within that, it is a pretty poor showing for notably, again, yes, you guessed it, the french banks. let's have a look at where we are. we went through all this last year. down 5% for societe. and euro has taken the down drop. the dollar is higher across the board, but you can say it's been a one-way track so far, but still trading at $1.3076. carl, have a great weekend. >> see you next week. gary kaminsky also looking at spanish debt as well. at a multiyear low again. >> hobbs and i never get a chance, as much as people think -- i didn't know what simon was going to say and he didn't know i was going to