on for tyco.ent air, it would appear, we'll talk to the ceo and not a bad deal for tyco. >> they are not reacting. >> i was just looking at that. >> it should be going up. >> taking a look at amalin going up six, their partner is up a dollar. i would think the flow is analogous, and emerson is a big flow control company, but emerson has been earnings challenged of late. 3% yield, and it's a good situation. >> 13 forward earnings as a multiple on flow serve and it's up 19% this year, not a bad performance. >> one reason the deal can happen is because of the approximate sizes of the companies and the similarity in sizes and you can get the deal tax free to tyco shareholders and for a lot of the other units being spun out that will conclude in september they are not companies of commensurate size where you could do a deal like this. if you are a tyco shareholder and it benefits from the syne y synergies from higher growth prospects but that remains to be seen. >> who are the bankers? >> who the are t

tyco has reached a deal. one of our traders is buying on that news.et's get your realtime trade now from cnbc contributor mike murphy on the fast line. why in. >> how are you doing? the news today really unlocks the value in the company so they have three business segments, tyco, and they made an announcement last fall they would split the company into three separately traded companies. today you have the announcement that shows there's underlying value in the company and we think there's going to be renewed focus on this underlying value. when tyco splits into separate companies, you have the security business and fire business and they have a great underlying growth story but both companies are strong acquisition targets. we think tyco can move up into $70 range as it moves into the split. >> what do you think about the trade? >> i think murphy makes a great point. the stock being a value play, it's been there. we continue to own it for some of our clients. we'll move it as stock moves higher. that $70 price target is probably about right in terms o

tyco is up 5.5%. it's merging its control business with pent air. brian, back to >> brian, thank you very much. >>> a lack luster five-year auction put a damper on the market. rick santelli has that. rick? >> it was interesting, bill. yesterday's note auction was fairly aggressive and durable goods was a bit unimpressive when we were looking for a 3% handle. all of that contributed to rally interrupted. you can clearly see the high yields of the day made right before the 8:30 release of february durable goods. you can see that after the auction at 1:00 eastern, yields bumped up a bit. granted, we're at 102. we settled at 101 yesterday. maybe a bigger story is looking at a chart starting on the 13th, the fed meeting, we've had a 20-basis point rally. yields up in the five-year. so the real issue is trying to separate whether it's weak data or issues outside of that, like we just had a lot of selling pressure built up that exploded when the statement on the 13th didn't have any new information regarding issues like the twist. but no matter what the re

. ♪ >>> take a look at shares of tyco. having a pretty good year so far.stock is up nearly 15% in 2012. the man who was convicted of looting that company and treating it like his own personal private piggy bank, former ceo, is back in the big apple and living on fifth avenue again. but there's more to this story than meets the eye. so we brought in senior correspondent scott cohn to do some digging for us. hey, scott. >> he's on fifth avenue, technically just off of fifth avenue little farther uptown from his famous apartment. remember the $6,000 shower curtain and $15,000 umbrella stand? we caught up with him today in harlem on his way to his new job on work release from the lincoln correctional facility just off fifth avenue at 110th street. he went to prison in 2005 convicted of grand larceny for using his firm, tyco international, as his personal piggy bank. he moved into the work release facility in january. started his job last month reportedly for a nonprofit organization and he does get to go home now on furlough over the weekends. but remember tho

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meantime, former tyco ceo moving back to manhattan's fifth avenue again. but this time there won't be any $6,000 shower curtains. his new digs will be new york state's minimum security facility. it's part of a work release program that lets him leave each day to go to work and return each evening. he was convicted back in 2005 as you probably recall for looting the company, tyco. he'll go before a parole board in april and could be a free man by august. >>> up next, the dow up seven days in a row. nasdaq up more than 17% this year. the s&p up 12%. is it time to put more cash to work or have you missed the fillet of a great bull run? our power players going to tell you how to play the market right now. here's the action in the sectors today. energy the big mover up better than 1%. on the other side of the coin, utilities down about 0 .3%. butg enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. t

we will take a trip of northbound 395 in our tyco traffic center camera. -- geico traffic center camerasthbound 270 towards raw silk, it is volume only. wait till you hear what adam caskey has to say. >> the pressure is on, my friend. >> no pressure. [laughter] the silly situation is where we feel the pressure. a beautiful spring day to day. temperatures this time of year is like throwing a bouncing ball down the driveway. downswing tomorrow into saturday. a beautiful day. the cost is the gusty wind out of the southwest. that is the price we are willing to pay for temperatures in the low 70's with sunshine. here is a pitiful look at the federal city this morning. just before -- beautiful you look at the federal city this morning just before sunrise. i will post on my facebook page -- i love it time lapses. 54 in the district. we rose one degree. 54 in winchester. the cooler exception is cumberland with 41 but that is a big outlier. normally we see these temperatures in the afternoon this time of year. we are getting these temperatures in the morning today. 28 in omaha, 33 in kansas city.

and it's different under the cracks, but i think back to tyco, the lavish parties they throw on the company'sd go a lot of ways with the story. >> absolutely. outrage factor high on this one. thank you so much. we will check in tomorrow. >> reporter: okay. >>> coming up next, dave ross is here with the latest out of free agency talks and a wrap of last night's ncaa action. >>> gas prices, they keep climbing and drivers in maryland could see an even bigger hike. why the governor is not back down from the push for a increase in the gas tax. we'll be right back.  people! look at you! texting...blogging.... all this technology, but you're still banking like pilgrims! get high yield free checking at capital one bank. why earn bupkis, when your checking could earn five times the national average!! and free atms anywhere. five times the national average!!! that's new school banking. sign up for high yield free checking at a capital one bank. what's in your wallet? somebody help me down. >>> welcome back. it is 6:30. take a look at the morning commute on the woodrow wilson bridge. and thing

and i noticed yesterday, there's the news came out that the tyco flow unit was going to merge anç theet seemed to love it. what do you think about it? >> well, i thank you for saying that, but pent air has been a not great stock. it's been stuck in the mud. now is not the time to abandon pen air. people hate stocks. that's what i hear. that's what the survey showed. but i don't think you should. i think there's just too much money to be made. think of me next time you think of doing some selling. >> announcer: here's the beef. all this week, cramer is putting your tweets on the air. tweet him. tonight, a few tasty tweets are pitting the golden arches versus the new king of beef. stick around for an all-out fast food fight. next. >>> and later, hiring our heroes. this bank is not only leading the charge on getting our veterans back to work, they just may be leading the charge to get our economy back on track. don't miss cramer's exclusive with us bancorp's ceo just ahead all coming up on "mad money." >> announcer: miss out on some "mad money"? get your text alert today. text mm to 2622

classic chamber music is going to meet with avant garde tyco all in fremont starting at 6:00 p.m.t, south bay. head over to morgan hill. locals will know. operation kid safe will be there to help register your kids, too. best of all, a portion of the entrance fees will benefit rebecca children's services, a south valley centered mental health group. it's all for the kids, but real they's a little bit in there for the kid in me. the san jose super toy comic book and collectible show is on at the santa clara county fairgrounds. hot wheels, g.i. joes, legos and transformers and star wars, remember lando, yes, he'll be there. billy dee williams. he had no choice. the empire beat to solo to cloud city. you have a choice so make it a great one today in the bay. and makes teeth up to 2 times stronger. act. stronger teeth and fresher breath in every bottle. ♪ [ female announcer ] if whole grain isn't the first ingredient in your breakfast cereal, what is? now, in every box of general mills big g cereal, there's more whole grain than any other ingredient. that's why it's listed first on th

tyco up 3.3% after announcing its merging the flow control business. and medco up 3%. on the downside, the fallout from sinking prices. alpha enjoy more than 3.5%. i'll delve deeper into coal and nat gas stocks when i'm back at 1:30 p.m. eastern time. bob pisani, what led to the bleed? was that post-euro close? >> yeah. i think it's broader. two things going on. one relating to the end of the quarter and one to the economic situation. we've had a little bit of a blip in the global recovery road. some problems recently. let's take a look here. look at the global picture here. what do you see? this is all the global slowdown -- global growth slowdown. these are commodity plays. biggest decliner in our stock market, material stocks. there's your commodity plays. copper down over 2%. all the other commodities are weak. the australian dollar down again today. stocks in moscow down. shanghai did terrible for a while but down 2.6%. this is the global commodity play, the global growth play. we had a couple firms out this morning, societe generale talking about growth in china

convicted tyco ceo dennis kozlowski has returned to park avenue, but it's still a far cry from his palatialment overlooking central park. he is now in a work release program after serving almost seven years in federal prison. >>> ford says 1700 of its factory workers will take early retirement offers and be out of work by june 1. 250 will be replaced by lower paid workers. >>> and the usda will offer schools a choice in beef purchases starting this fall. that's after a social media firestorm erupted when regulators said pink slime filler met food safety standards. >>> now, i had the pleasure of appearing on "squawk on the street" this morning with my great friend, jim cramer. we talked some natural gas. and let me say this. natural gas, the untapped resource that can power the entire economy. jimmy's here to tell us how. good evening, james. >> hey, lawrence. you and i talked about oil and gas this morning on "squawk on the street." and i've been thinking about it for the rest of the day, frankly. you know what? this move to use natural gas as a surface fuel for automobiles, for trucks, it'

. >> itt, tyco.> well, i'll give you something honey bunch and oats. >> again, delicious. >> there is a large market that likes that. bill was the engineer and the guiding light behind ralston purina, so they spun that off and it's a bit ondollar -- we are excited every day. the european economy is 20% of the world gdp, s&p earnings, obviously depends -- last year it was 145, so you have some challenges. >> mario, we've got to leave it there. thank you for stopping by. >> it's delighted to see this great new home of yours. i'm glad you didn't ask about news corp. >> i was going to. >> he is a friend of rupert. he told me that before he went on. >> how do you know? >> that's what he said. >> simon, i was there when they had silent movies. >> it's true, there before "star wars," he told me. >>. >> just think about the fact i'm we have those techie guys that still thinks of silent movies. >> they do very well these days. >> they're back big. >> thank you, take care. >>> of course we're still awaiting be

tyco international merging its flow control business with pentair. a $94 million minority interest.ell its new range of smart phones in china. it will use microsoft windows software and sold through china's telecom. france reportedly in contact with britain and the u.s. on a possible release of strategic oil stocks in a matter of weeks. global oil supply is running at more than a million barrels a day. take a look at futures at the moment. green arrows across the board. dow would open about 24 points higher. >>> our guest host today is jack welch, the founder of the jack welch management institute at strayer university. jack so great to have you here. >> great to be here. >> how is everything going? >> i think pretty darn well, but not as good as i thought it might be. >> really? what have you been seeing? >> when i was here six months ago i was telling you we were ready for a take off in september. and it did go. in january when i was here i thought we were going to be stronger. in the last couple of days i've spent a lot of time with a lot of businesses and it's sort of mixed. the