it was losing to none other than sherwin williams.clipped their sales from $150 million to $180 million. the dollar was crimping earnings. now you get a combination so it's a further reduction in the number of paint companies. it will be really the only competitive players. sherwin williams -- i think you can raise numbers on this news. my view of the decline in the stock price seems silly giving us the bid for sherwin williams. the implications of the deal. you would have thought the under perform ing valspar would have made a good short. company has been losing market share, doing worse than rivals. anyone short valspar won't wants to drop out now. you can tell mna is picking up and we are getting a lot of deals. we just saw the deal for columbia pipeline. another deal were starwood last week and again today. we know johnson controls and tyco are emerge ing. data analytics company ihs is buying market. that's really a sensational market data company based in london. third, it seems there could be more to the bid. ppg, sherwin's comp

bid for sherwin williams. the implications of the deal. you would have thought the under perform ing valspar would have made a good short. company has been losing market share, doing worse than rivals. anyone short valspar won't wants to drop out now. you can tell mna is picking up and we are getting a lot of deals. we just saw the deal for columbia pipeline. another deal were starwood last week and again today. we know johnson controls and tyco are emerging. data analytics company ihs is buying market. that's really a sensational market data company based in london. third, it seems there could be more to the bid. g, sherwin's competitor could be interested. maybe they like to look at rpm, one of our favorites. that frank mitch said could be under valued. if you like rustoleum you might agree and this is a reminder of the intrinsic worth of companies in mundane businesses nobody seems to care about. the paint company stock was downgraded last week by the research department of key bank stating profits have bee

does it become the sherwin-williams championship. didn't you win last year, dom?'t want to talk about it because you're like 80th in the pool. >> i was in the one second. >> dom, i think my favorite comment was -- springsteen, i think of that as my parents. that was my favorite time. >> i'm going to get a lot of hate mail for that, i have a feeling in new jersey. >> joe, stay tuned. joe kernin and the rest of the crew of "squawk box" will be at the top of the hour. >>> and the gains for five straight weeks. investors are still skeptical about this. bob doll is joining us. you're watching cnbc, "worldwide exchange." >>> joining us from princeton, new jersey is bob doll, he's the senior portfolio manager at nuveen asset management. bob, thank you for wake-up call. oil is down, stocks may be up. what will we see in terms of coupling in terms of the markets? >> that would be great news. oil didn't go to $20. we didn't have recession in the u.s. china didn't suck us into some big black hole. now, we're going to look to the real economy in growth and earnings. but the d

. >>> sherwin-williams will by valspar for more than $9 billion. the merger is the biggest acquistion in sherwin-williams 250 year history. shares of valspar got a fresh coat, up more than 23% while sherwin-williams got rolled down $15. >>> ihs is moving its headquarters to the united m but purchasing market data firm market. the deal is worth more than 13 billion dollar. by moving to the uk they will be able to take advantage of the lower corporate tax rate there through an inversion. >>> the dow extends its win streak to seven. the dow jones industrial average rose 21 points to 17623. nasdaq gained 13 and s&p 500 added 2. >>> steady economic growth could justify an interest rate increase as soon as april. mr. lockheart says there's enough evidence to justify a hike in short term rates. he agreed with the central ba bank's decision to leave them unchanged. he said inflation will accelerate and move towards the feds targets. >>> fan knfewer than fewer 50,0 w borrowers would be eligible for the rediction. critics say the plan doesn't go far enough.

sherwin williams is buying pal star. -- valspar. a look at some of those stocks that are on the move. sherwin-williams both went higher. the some marriott a little bit lower. starwood is rising. sherwin williams is lower at this point. mark: potential deals are boosting chemicals. look at the stocks. 17 of 19 are trading lower. look at shares. in talks. and bsf are looking at a potential deal. these are people familiar with the matter. should these be left in the side of dupont and cam china? will they walked down the aisle together? shares are up by three x -- 3%. shares have little change today. the role is going to split. he will become the chief executive. over the last six weeks, it's following today. it's following after a three-week gain. in duncan smith is a man who is against britain being in the eu. he criticized the government's budget last week. this is not about exit. it sees into the volatility ahead of the referendum. theling is falling against dollar. the trend has been a down one except for the boost we saw since th

stars a big seller at retailers including most retailers including most of that help sherwin-williams painters buy supplies at retailers rather than a contractor oriented stores owned by sharon williams. nicole: air b&b profiting by relations with u.s. and cuba and the rental sites the rental site says it received the okay from the treasury department to expand listings in cuba to non-us trawlers. it was previously only licensed to do business in cuba from united days. the approval begins at the historic visit to cuba. lauren: tourists avoid turkey following a string of terrorist attacks in a diplomatic good with russia. according to "the wall street journal," looking for summer down 40% from a shared with hotel occupancy rates. thus plunging for more than half. another bombing blamed on the blamed on isis database for foreigners in istanbul. turkey's tourism industry was a bright spot in recent years as russians enjoyed its mediterranean beaches. the country attracted westerners and arabs, but now they think twice. >> i enjoyed -- [inaudible] if this seems like you've been to retain

depending on where to antibusiness are located they could be forced to close.e sherwin-williams corporate headquarters virtually stories throw away from the convention. will silverton executive will still reports of downtown offices others would be our work from. new line the movie three security zones. some will be forced to close with others be given an option i won't do travel now. public transportation is in my work is going to be in practice. with the. restaurants of the birds will make up the bus some are concerned about hows they will beer able to get to work on a longer-term will be able to work or not they shut down in your magic traffic getting downtown during that week excluding to be crazy. thank you. weather andnd traffic every eight minutes just ahead. get it as our neighbor to the north the nation's leader will bede honored tonight at the white house. the democraticic presidential candidates are about issues pretty sanders taking ohio's governor has it i look at traffic in akron area patty harkin will have the latest in good morning welcome back then patty harkin we have ag

other sherwin-williams is expanding with plans to two rival feldspar. they will take over south park on charles transaction. the boards of directors have approved the deal. the agreement will give them increase product 20 the company plans tony maintain a significant presence in minneapolis at feldspar's headquarters.s. they're trying to close the th finish urges they to attend the patriots never trailed in hackford control at halftime with an 18-point leadder they were runners-up after dropping their title game. a surprising suspect in a turnpike robberya investigators say who is to blame at a pennsylvania tell who's shooting reacting as he was morally 15th i probably should i do have a warm up coming up that we can boast about that. we to have more than anybody. everybody say we do every five minutes when you're getting up you need to note especially this place. i'm going to looks popping up. jen is a cipher sort of. it was a bright yellow i do have a gradual warm-up the issues are telling me if every eight minutesre thinking about putting the speaker

the deal will expand sherwin williams reach in asia and europe. the company will employ about 60,000 people combined. now, sherwin williams will remain headquarters in cleveland, but there will be a significant presence in minneapolis where wells far is safe. >> we're hearing if your latte is not giving you the sake kim as usual starbucks may be to blame. >> people take their coffee seriously, group lawsuit in california saying starbucks not serving the amount of expresso drinks it promises, claim the barista intentionally fill the drink cups well below the fill line. starbucks says the suit is without merit. erika? >> we all know we don't get quite enough caffeine in the morning, hena, thanks so much. >> that's right. >> coming up after the break, some light snow overnight. katie has the details on how it will affect your commute. coming up >> dealing with a storm system, the we want to give you what you have a sense to walk out to as you hit the road today. frankly it, hasn't been that bad through the overnight. outside palmyra cove nature park,

sherwin williams is expanding, with plans to acquire rivalms i expal the cleveland based paintelanba company will takeover valspar in an all cash transaction, buying valspar shares for 113 dollars each..vsp the boards of directors with both companies have approved the e deal. the president of sherwin williams says the agreement will give them increased productthe preswilams range, and the company plans to maintain a significant presence in minneapolis, where valspar is headquartered.nge,aplans a series of public meetings will get underway today, as the cleveland rta considers a proposed fare increase.ndhe the rta says it is trying to close a seven million dollar gap in this year's operating budget. the fares have not been increased in seven years. the first meeting will be held from noon until two pm, with another meeting from six until eight this evening at the rta main office on west sixth street. demonstrators say they plan to attend.thhelddthh her mentithetain o students at willoughby cornerstone christian school c will hold a celebration thishti morning at eight, to honor their

@find out about the deal that @has sherwin williams acquiring @val spar. @>>> a high school teen who died @during a basketball game will @be laid to rest. @how the community is coming @ @>>> we are waiting to learn @about how a worker died at @timkensteel. @there have been a history of @instances here at timken @facilities in the recent years. @at the same fa ability as the @accident that -- facility as @the accident that happened over @a weekend. @two people died. @last year explosion there, @nobody was hurt. @at a different canton area @timkens facility, a safety @latch failed dropping 1000 @pounds of equipment, injuring @facility, we know that in just @the past 3 months, timken has @been fined more than $100,000 @for violating osha standards. @>>> sherwin williams struck a @deal to buy valspar, it gives @sherwin a bigger share of shelf @space in box box stores like @home depo and lowes. @they will remain headquartered @in cleveland. @>>> a local wendys restaurant @is set to be demolished today @after it erupted in flames @yesterday afternoon. @this is the store on lincoln @way. @e

and sherwin-williams agreeing to buy .he all-star -- valspar this would give sherwin-williams and entreehere it had not been before. they'll start shares are surging. ips, which gives analysis for finance and other industries acquiring market, for about $5.5 billion. both of those stocks are trading higher. and apple, just wanted to mention how that is trading in the wake of announcing a faller -- smaller iphone. stocks did not much change. no huge surprises. a lot of announcements made that were anticipated by the market. betty: they were indeed. a smaller iphone, i don't know. kind of a downgrade. julie: digg banks to gain some serious steam. betty: we want to bring in mike regan, the bloomberg just like columnist. -- gaslight columnist. and what julie was talking about, is that actually kind of an underrated story? reporter: when you looking at white s h for markets or the valspar, marriott and starwood, you are looking at $30 billion in deals just for monday. of thethat is 1/4 market? reporter: after a 12 point rally, not too much higher. it is indicative of the fact there was a lot

sherwin-williams looks to be the world's largest paint company. will regulators approve the deal?with a verger in the data industry. ihs is buying markets. it will be based in london. it will have more than 50,000 companies with the corporate headquarters in the u.k. they will reduce their tax rates. the improved offer for starwood comes in at nearly $80 a share. bid tops the $13 billion made last week. no word if they plan to make another offer. we've got a deal that creates the world's biggest paint company. the deal will be for $13 billion in cash. sherwin-williams wants to expand overseas. they do not expect problems with antitrust regulators. they have complementary operations. interest tocharging encourage lending to companies and's consumers. why hasn't it worked? the euro bloc in has barely budged. banks are paying to keep money i will. there is a lack of demand for loans as the economy recovers. regulations are another reason. axel: the overall impact will still be muted by the new regulations. at the banks, we are not much more concerned in general about the leveraging r

gets the sherwin-williams bid. come back and say here's a company underperforming, long-term good. they get a bid. markit does good analysis, out of nowhere, they get a bid. marriott, you thought that marriott's stock would be down 35 cents. the stock just undervalued. oth oracle last week, nobody paid attention. nike, what happens is when we go back to the micro, the individual companies, i keep seeing companies. let's watch dover or jw, nordstrom. they got downgraded. a lot of people feel it's momentum. in the end, maybe the stocks are undervalued. if the dollar gets weak, you will look back and say why was i selling? all of january was the aberration, not february. >> that case downgrades of nordstrom and intel today doesn't make sense. >> the bernstein downgrade is funny. there was a lot of thought that intel would preannounce a bad number. it didn't. he's saying don't be depressed that intel didn't announce a bad number. okay, fine. go ahead, knock yourself out. report a bad number, maybe the stock goes up. >>

. >>> cleveland based sherwin williams is buying its rival. they will purchase valspar for more than $11 billion. this will broaden their reach in asia and europe and in big box stores. through by this time next year. >>> a university of akron football player recovering this morning. he was accidentally shot by a former teammate. andrew pratt was shot in the stomach and will recover. he entered an apartment without knocking or announcing himself. he thought it was a burglar and he shot. >>> a cleveland police officer will be in court in just a few hours from now. officer david mann is facing assault charges. he's accused of slamming a woman's head into a car bumper on friday. she had to get five stitches and her shoulder was separated. >>> the first family is waking up for their first full day in cuba. it's something that hasn't happened in nearly 90 years. today, president obama will meet cuba's president. will be the guest of honor at a state dinner. the trip to cuba is opening up new opportunities for local college students too. >> in kent

. >> today's fundraiser featured >>> cleveland base sherwin- williams is expanding. the pain company today announces plans to purchase a company for more than $11 million. it will broaden its reach in asia and europe. the transaction is expected to close this time, next year, it is subject to approval by shell -- or holders >>> president obama arrives in cuba to begin new relations with the communist country. >>> what triggered a gunfight that killed one sheriff's deputy and injured another, and rare rain,-- ring, a blue diamond belonging to hollywood's most famous child actor is expected to break records at local auctions. >>> we are following a developing story and indiana right now, to chair of deputies gunned down on the job, one was killed the others fiercely hurt. deputy carl koontz died at an indianapolis hospital after being shot early today while serving a warrant in a mobile home. a second deputy was also shot he is listed in stable condition. >>> a new challenge in trying to figure out exactly what caused a dubai jet to crusher russia. the country's inters

it will expand sherwin williams the combined company will employed about 60,000 peoples. sherman williams will remain headquartered in cleveland but there will be a significant presence in minneapolis where valspar is based. >>> zootopia remained on top at the box office the third week in a row. the disney animated film earned $38 million in ticket sales this weekend. the divergent series allegiant opened in second place with 29 million in sales and miracle from heaven grabbed the third spot. >>> no dramatic announcements are expected at today's apple eventual ooevent. event. apple is expected to announce a new addition to iphone. analysts expect apple to introduce upgrade to its 4-inch iphone 4s. tomorrow, apple will be in court over the fbi's demand to unlock an iphone connected to the san bernardino shooting. >>> paul mccartney has begun the process of reclaiming the rights to many of the songs he and john lennon wrote for the beatles. back in 1985, michael jackson outbid mccartney for the right, but because of a u.s. copyright law, songs written before 1978 can be recl

david: sherwin-williams? yes, $11 billion.ina, the shanghai composite is running above 3000 points for the first time in three months after they loosened controls on margin lending. over the weekend, they are worried about corporate debt but they don't seem too worried about the margin. >> it's fun to watch people trade on margin. it makes it more exciting to lose money more quickly. we have had the market down and we have a rally back to the break down point. i like to say price makes news but not the other way around. we have a rally so we have news around it related to margin buying. years,over the last few i don't think that will add tremendously to aggregate demand for chinese equities. if you look at chinese equities versus margin lending, it tracks the shanghai composition. you can say this is not based on fundamentals. do you just follow the trend? what happens at inflections is there is diversion says. the likely scenario is there is a shorter-term rally and it diverges from the increase in margin lending and that wil

. >>> sherwin williams is buying rival valspar for $9 billion.his will make them the biggest maker of paint and other coating. >>> zootopia was number one for the third straight week. divergent skiers aallegiance opened second with $27 million. miracle from heaven was number 3 at 15. that's america's money. >>> a prisoner in knew or leans -- in new orleans tried to escape while getting treatment. he ran out the door with the deputy firing two shots while chasing. battle tried to get into another person's car, another police officer caught him before he got away. >>> the eye-popping $115 million award for hulk hogan is not over, the jury will go back today to award upon pune damages. hogan sued gawker for posting a video of him having sex with his best friend's wife. >>> singer adele has fallen victim to a hacker two shared a number of private photo online. a hacker gained the images through her partner. >>> that's an invasion of privacy. >>> and she keeps our private life private. >>> come up on "action news," a young bruce springsteen fan may ha

. >>> cleveland based sherwin williams is expanding. announced plans to purchase the move will broaden the company's reach in asia and europe. it will close this time next year but subject to approval by val shareholders. >> the the average price for gas has jumped 17 cents a gallon. we did find prices of cleveland's east side at 1.69, the hike is due to growing demand for gas across the country and higher crude oil prices. >>> you know what? it is not just gas prices you may have noticed prices on the grocery store staple are creeping up a little bit and i is not just beef taking a bigger bite out of your wallet. consumer reporter john matarese has a warning about a number of items costing you more this year. >>> gas may be cheaper than in a decade but a trip to the than it did ten years ago. that's according to the government. shoppers like natalie brown. >> the meat has gone up a lot. >> shoppers had no problems naming items that cost more than they used to. >> mostly milk and dairy. cheese has gone way up. >> toilet paper is expensi

less than one the rnc will be in town in just a few months and downtown businesses are >> the sherwin williams headquarters at> jazbec in ontario, some workers will be required to report for work others have the option to work from other locations or from home . . also the security zones depending on where they're located some will be forced to close others will give the who live and work downtown. >> my life is going to be a prude i won't be able to use my car, public transportation my workor is going to be impacted that think by think that in this day and age he should be able to have security and still havege a life continue as usual. >> restaurants and bars will make out the best during the convention some establishments are concerned about how their employees will get to and from work. sod ohio primary is next week it looks it looks like there may be a controversy on the republican ballot. >> and lorrie taylor says there are two contestst of the election of presidential caliber but only one contest counts. the delegates,s,e the republican ballot hasli two opportunities to vote for two kin

have not been told that they will be allowed to continue to operate other businesses have their sherwin-williams at the corner of prospect and ontario, they tell us that some executives will still report to the downtown offices and others will be given the option to work from other locations or from home.. >> this building, is right in the middle of the rnc so only ourthe central personnel are allowed down here, i am going to >> while unconfirmed, we have learned that there will be three security zones depending on where the business are located, so i'll be forced to close and others will be will be given an option to remain open, heightened security measures for the city which will be in the international spotlight this summer.s i >> and this day and age we should be able to have security and still have our life continue as usual.a >> jennifer jordan fox 8 news. >> details on the congressional new app that lets you read rainfall saturday into monday weekend sunday is an all-day rain event daylight saving time begins 2:00 a.m. on sunday blew move the clocks ahead one hour . 7:30 p.m. . some very

. >>> still ahead on eyewitness news this morning the mega merger of sherwin williams, the multimillion dollars value of the all cash deal. >>> let's take another live look showing us the conditions this morning this is the the centers for medicare and medicaid services recently asked patients to rate the quality of over 3.500 hospitals. fewer than 6% received 5 stars. among them was cancer treatment centers of america in philadelphia. . >>> welcome back, the road cam 7 is patrolling the streets and the highways, what you get out there. it is a live look, the long island expressway. >> thank goodness we don't have any real accumulations in the 5buroughs. >>> you are never more than 7 minutes away from weather and traffic. >>> good morning to the both of you, hello everybody outside right now. the skies, depends where you are. some places we have reduced visibility, and others we have the clouds over head as this snow tries to make its way eastward. it is just flurries flying in and around the buroughs you can see the back edge here but some accumulation on grassy surfaces for parts of e

sherwin williams buys val spar for $9 billion.bid for rival hotel chain starwood and ihs combines with market in a $13 billion tie-up. >>> an apple a day keeps the bears away? the tech giant getting ready to take the wraps off new products at its major event today. live report from company headquarters is straight ahead. >>> a spring storm. a foot of snow headed for new england today as the final hour of "squawk box" begins right now. ♪ >>> live from the most powerful city in the world, new york, this is "squawk box." ♪ >>> welcome back to "squawk box." here on cnbc. first in business worldwide. i'm joe kernen along with rebecca quick and andrew ross sorkin. our guest host this morning, kevin hassett. director of the american enterprise institute's economic policy studies. and at this hour, less an 90 minutes away from the opening bell on wall street. the futures, um, that's a meh a word i have adopted now because i hear is constantly at home. nothing is great anymore. >> teenagers? >> yeah. >> teenagers? >> yeah. everything is me

including sherwin-williams corporate headquarters located at the corner of prospect and ontario, but just a stones throw away from the conventionar quicken loans arena, director of some executives will still report to their downtown offices others will be given thei option to work from another location far from home,pt bought while unconfirmed we learned there will bet three security zones and located will be forced forced to close in some give the options remain open, after people who expect the worst case scenario when it comes tot getting from point a to point b.. >> this is my neighborhood restriction for my daily routine in addition to other candidates the other candidates have come to town, hillary clinton as you're not too long ago but do not have this restriction. >> thisot areas in the middle of the rnc so onlyt essential personnel are allowed . i will be working from home that week.. >> was downtown businesses will benefit most than the convention restaurants in bars of course, they they say that there were and how they will be able to get to work and allowed to park in the

right now sherwin williams employs 38,000 people worldwide. the merger could nearly double that number. of course, we hope to find that out today, if this deal means more job opportunities through the paint company right here in our area. now for a look at the chilly forecast in our area, here is meteorologist sam roberts. sam. >> samantha: thanks so much, tia. yeah, 39 today. it's by the way the first full day of spring. spring began very early yesterday morning, but the thermometer saying otherwise as we barely hit 40 today. partly sunny skies, a little on the breezy side, and a few flurries are possible today. no more flurries after today. look at tomorrow. middle of the week weather alert t with me. everybody stand stand by himwill stand by you oh stand stand by you d donald donald stand writing a skit right now.nd ben carson swayed awkwardly three minutes last night to the performance of "stand by me." it was in palm beach, florida. the keynote speaker at the lincoln day dinner. okay! >> all right. >> where is the beat, everybody? where i

i think pp sgnk a better way to play it, but sherwin williams is on fire. forget, the big season, the big season for all of these guys is the spring. and you know when spring really begins? >> march 20th? >> no, on david faber's birthday. >> oh, that's a good one! which would be today. >> hey, baby, 72 degrees, i'll take that. >> better than 72 years old! >> it is. >> i'm a young-looking 72. >> that's still a little ways away. >> yes, that is 30 years. >> how quickly the years go by, will be here in no time. >> happy birthday. >> thank you. >> what's on "mad" tonight? >> okay, we've got the hot stock of the nasdaq! we have box, we have aaron le vink e, who delivered a great quarter and won decent business from home depot, a lot of nice contracts, 66 deals over $100,000, 13 deals over $500,000. great revenue forecast, cash flow positive. wow. >> wow. >> this was a great call. i talked with aaron many times, and this was the call that a lot of people thought he should have delivered before, but you have to have a business to deliver that call. so, that would

. @>>> sherwin williams struck a @deal to buy its competitor @valspar in a deal worth over @$11 billion gives bigger shaye @of shelf space in home depot @and lowes. @they will remain with @headquarters in cleveland. @they are laying out how many @jobs it will bring to the area @taking place later this @morning. @ @. a local homeowner says @swastikas and hate speech @appeared only on some of the @yard signs. @to find his signs for trump @spray painted with swastikas. @he has reported the incident to @police but says for someone to @come on to his property and @write that type of hateful @message has him fearing for his @family's safety. @>> that's what it felt like. @like somebody violated me that @close. @as i said, i am going to @protect my family, the police @department assured me they are @going to do their very best. @so am i. @>> he didn't have a @surveillance system but says he @ordered one. @he thinks his recent election @to the republican central @committee may have played a @role in this. @>>> let's check in with maurine @for the morning news feed. @>> north korea reportedly fi

boating if you find yourself in the waterxp any don't have it on a maybe it may be too late.ve >> sherwin-williams is fine the house fire they will take it over the president says he will give them increased change. >> and the cleveland rta considers a close fair they say $7 million operating budget that is 25 miles to the seed of the east apparent response to ongoing south korea and us military drills. the north sees it as a provocation it is a joint drill and the largest ever with 300,000 south korean troops in at least 17,000 from the united states.. missile tests are clear violation. >> it is eight minutes after 8:00 o'clock on this monday morning still ahead - - donald trumpth heads to dc. >> also find out what is on the president's agenda president's agenda today in cuba. by miamier it is cold outside when will we get these spring temperatures? around the corner but in the meantime in the lower 30she to the late morning hours. 40 degrees with sunshine today i don't you worry we will get this warmer temperatures coming up. >> good morning. this art gallery right here when we come back, we wil

. >>> sherwin williams is expanding. the paint company is buying its rival, valspar for more than $11 billion. this will broaden the company's reach in asia and europe and in big box stores. the buyout is expected to go through by this time next year. >>> time now, 5:36 on your monday. here's what's coming up. president obama beginning his first full day in cuba and a local group of college kids are right there with him. >>> another paris terror suspect caught. was he already planning his next attack? >>> good morning and welcome back. we talked about how cold we are starting this morning, in the 20s, working our way to the upper 30s today. the good news is for your monday, even though it's cold we're dry. the middle of the week, that changes. thursday, that will be the highest chance for rain. we'll see thunderstorms in there as well, not only thunderstorms but possibly even damaging winds. again, that starts wednesday night into your thursday and we'll start to see chances diminish as we head through your friday. >>> f

sherwin williams employed 38,000 people nationwide. we hope to find out if it means more job opportunities through the paint company in our area. >>> we want to mention that the global headquarters is expected to remain in cleveland for the new company, which is very important. that's a huge, huge company. >> tia: for them to collaborate like that, that's really -- >> brian: $12 billion deal. >> tia: you were right when you said sherman williams was number one and valspar was two. >>> spring break is coming up. if you're not going on vacation, you might may plans to get the family out of the house. >> brian: nichole vrsansky talked to couponingwithrachel about free family friendly ideas. inindoor water park or a mobile scavenger hunt you can download on the phone. those are suggestions rachel has this morning. rachel krych says try out the federal reserve bank on east sixth. it's free, and kids can learn money doesn't grow on trees. >> they have a museum there geared for kids. there's interactive exhibits and hands-on activities the ki

. >> sherwin williams, long bow research raising their raiding.you get me for painting season? >> a brush. >> that's a perfect gift. coming up, 6% to 7% growth in paint stores and also cite the same thing as another upgrade a few weeks ago from citigroup, a bigger presence through the hgtv line of paint products. higher volumes, filling margin expansion. their target on sherwin williams, 340 a share, 18% above the current price that we talked about. citigroup upgraded shw. >> they had soft guidance, but ever since then, a straight shot higher for the stock. it is up 17% since then. >> color me impressed. >> fourth stock, elle brands. goes to 90 from 103. credit suisse cautious on traditional specialty retailers with outside store footprints. more than 3,000 stores. 90% of the u.s. with plans to grow square footage in 2016. credit suisse cutting estimates for 2017. >> we talked about the worry about being overstored in mesh. you look at the niche retailers online, they want to sell you underwear directly or socks directly and just look at anybody w

on the downside, sherwin williams and wyndham worldwide also on the laggards.e builders. has the housing market run out of steam? some of these actually started in the green and moved into the red, this after the national association of realtors said on monday existing home sales dropped more than expected, dropped 7.1%, and that put pressure on the home builders overall. start your day on fox business at five a.m. lauren and i will see you there. ♪ ♪ stuart: protesters in arizona this weekend, you can see 'em, stopped traffic on a major highway to protest donald trump. the backup went for miles and miles and miles, thousands of people could not get to the trump rally. judge napolitano is here. legally, what can happen to those people who deliberately blocked traffic and interfered with an election campaign and interfered with freedom of speech? >> it is not protected speech, and it's not protected expressive behavior. so if they stood there with placards and tried to slow traffic down, dump trump, that's probably protected. but putting vehicles in the middle o

the company is being acquired by rival her win -- sherwin williams.e 15-20% just in the next year and beat analyst expectations with the earnings by 7%. alibaba saying it hit 3 trillion yuan, the rate of growth, however, is slowing, many people look at that, most importantly. the market muifers coming as the s&p 500 moved industrial. steven, good to see you. >> god -- good to see you. maria: we had the worst beginning in the stock market. >> obviously the fed last week providing a slightly statement, and we are not raising that at this point. we think the first-quarter earning season is going to be tough but there's still things for clients to do. adding short-term protection, looking at dividend strategy which make sense, europe and japan. maria: i want to ask you about first-quarter earnings. in terms of commodities, above critical levels, oil back to close to forty dollars a barrel. that's part of the sentiments change and how important is that and would you buy into the rallies? >> we are not chasing the oil rally. a lot of what we have seen is te

sherwin williams announcing it's going to buy valspar in cash. >> the stock is only $18 off its high.e what they're doing with the acquisition. this gets them -- diversification it needs, beyond the u.s. the only problem here is valspar is trading around 105. that's telling you the regulariregulato regulators step in. assets have to be divested. >> citi should be broken up into two businesses. people are coming out of the woodwork, josh, and suggesting that citi needs to break up. >> the argument here, scott, is interesting. they're basically talking about it's the only globally systemic important financial institution that can do this, and really unlock value. they think it's a 57% improvement. because the company in its current regulatory condition cannot return enough excess cash like some of the other banks can. and so a corporate reorganize would allow them to do that. i think there is merit here. i'm not sure anything the company said recently leads to you believe they're going to listen. >> tesla, upgraded. doc, $3300 price target. >> argus loves it. i love it. 10, 11 days ago,

sherwin williams, home depot, lowe's, these guys rex pifns and should trade expense itch. household formation isn't picking up the way it should be and this is one of the best ways to play it so i stay in the trades. >> seasonably strong period. spring planting season, right, when you paint and plant. >> right. >> for the home improvement trade, yes, absolutely. >> i would pressure wash first, clean off the winter, put your boots on, get the pressure washer on. >> come on, tim, who are you talking to? >> that's what i do. >> you were in itv actually. >> short itv so i'll take the fast fire on that one. although i would not be necessarily buying into it because what's interesting is these reports don't square with the bigger picture stuff that we're seeing where you're seeing, you know, drops in home prices and you're seeing a home builder confidence not as good as we think it would be and when you look at the coast you're starting to see soft of the softening in that market so it's not necessarily a place where i want to cover short and be right back into, be back on the l

sherwin-williams is buying a company forecast. increase. expand help them overseas.ectured about feldspar shellac its paint. francine: it's not all morning. tom: we are watching paint dry. this is fell's bar. boring't make money in 8% net income companies and the stock will jump up here to $113 a share. see in a lowwe nominal gdp environment. the only way to grow is to buy somebody else. virginie: you need to create growth. to grow. want they want to be innovative or have room to restructure or acquire. the market will only like the acquisitions if they make sense. i think you are right. the three main avenues lead to the doom and gloom about equities. returning 17% year. once again, it proves you can't make money in stocks. virginie: you can make money in stocks. combiningo be long-term vision and trading and lots of good fundamental research. francine: i've learned something. i know it because it's the new thing in they'll furnish. it must be the same principle. i'm doing some research for you and we will get more on that. let's get to central banks. when you look

. >> sherwin williams upgrade a couple weeks ago was upgraded because the analyst believed they wereing shelf space from balls par. >> maximus is the next one. analysts cites a pipeline he thinks could support ten percent organic growth. boosted the price target to 60. about 15% upside seen for maximus. >> it sounds like a phony hedge fun name. maximus capital. >> sounds like a character in a russel crowe movie. >> oh, yeah, it was up 14%. look at these charts here. dealer solar falls award. sun edison failed to consummate a deal. lots of analyst commenting including bare pointing out that uncertainty remains about potential legal action. sun edison could be liable for an amount higher than the $34 million break up fee if there is a court hearing on a settle men. for now a nice pop on this suck. >> i don't understand sun edison. we highlight good calls. i'm going to highlight a bad one. andale research upgrated -- them, and now they are down to $2. a bad call. >> on the risk reward bases i guess -- >> a lot of percenters there. underrated name of the day is shippo phi. a company that

. >> in light of the sherwin-williams valspar bid, and starwood, the board was trying to get a better deal. starwood, the activists owned enough stock they forced their hand and made a deal that wasn't so good for marriott. why i'm bringing these up, there is a kind of -- why is the market not plummeting? i think it's a recognition that look, life goes on. we -- every time that you have one of these incidents, people are able to put it in perspective and come back and buy stocks. let's take a boeing, for instance. boeing has been a hot stock. i'm worried about some accounting issues that has come up, travel has come back. boeing takes a pause today, but people say this will not last. that's been the process from 9/11. there's almost a propensity to say i won't wait around. this market is so hot that i will take advantage that you are getting this break that will not mean much ten days from now barring another attack. i understand that. it's been empirically demonstrated again and again. >> sad to say that people understand that's the world you live in now. >> yes. that's a great way t

number of companies that would benefit from rising gdp like sharon williams and homebuilding -- sherwin williamslding companies. matt: what is the shorts treasury trade going to work? [laughter] richard: when you go lower for longer, it will take a while. we don't make a living doing that. for longer is not good for them. the trade today, if you want to play quick thinking, is the perpetual preferred. wells fargo preferred, yielding 6.5%, i mean, they are steals. jon: i'm not sure many people are trying to short treasuries. richard chilton, ceo, will stay with us. , thank youyatyeva for joining. coming up, a key indicator leading up to friday's u.s. job report. it is the appetizer. they did the unemployment numbers are next. ♪ cash the add unemployment numbers are next. ♪ are embracing economic data in the u.s. futures higher across the board in the u.s. equities higher in europe as well. a weaker dollar in the fx market. yields pretty much flat, but the 0.8% of theer at two-year, and let's cross over to matt miller for breaking data. matt: we are getting adp employment change. we have added 200