i like united technologies. it's come off the top.hey're down eight from where they're doing restructuring. united technologies is for this person. let's go to edward in texas. edward? >> p daddy. let me give you a everything's big in texas boo-yah. >> done your way. >> i love your show. congratulations on "md money." >> thank you. >> here is to another ten or five like my nephew says. go ahead. >> i have apple, bpp, scx, sdrl and siri. >> all right. we have work to do here sir. we have some work here. all right. that is an oil company. c drills oil. that's not so good here. the fcx sadly bought an oil company. you have three oil. we have to do the same thing here. do a bristol-myers. okay. we're going to do united technologies. actually, i don't like any of the oils. we're going to go schlumberger. apple and sirius is speculative. you are overweighted in oil. let's go to steve in ohio. steve? >> hey jim. good canton ohio big boo-yah you to. >> right back at you. >> hey, my stocks are apple, starbucks, royal dutch shell, philip morris

honeywell and united technologies. here with dom at the wall with that part of the story. >> i mean mary just identified the differences that ge will have going forward here. let's take a look at how it compares peer-wise. does it make it a more impressive investment year for traders overall? if you look at the overall s&p 500, honeywell, united technologies, general electric going all the we back to september of 2001. that was when jeffrey immelt took over as ceo of ge. you can see that bottom line there in blue is general electric. it's fallen 30% since this time. the s&p up. honeywell up 193%. united technologies up 261%. those guys have far outperformed ge. even though ge has gone up big, it's got a long ways to go before it catches up with some of its peers and the overall market. if you look at valuations, how does that translate today? terms of price to earnings ratios? united technologies trades at a discount. ge right now, because of today's move, trades at 18 times earnings. meanwhile, honeywell, the premium,

we will have earnings for dupon, united technologies verizon and travellers and we will get the tonner index and ihs energy sarah week will be in full swing, the annual must-attend conference for energy leaders. >>> big owner of warehouses and retail distribution centers is buying ktr capital which owns more than 300 industry properties in the u.s. price tag almost $6 million making it one of the largest this year. >>> from commercial real estate to residential and a classic tail of an under dog taking on a giant. in this case a woman who took a big stand against developers and years after her death the story final close to ending. >> a real life image is that could be a carton. the tale is similar to the disney movie "up". an elderly home owner standing up for what was for what used to. and a community rally around. once upon a time in 1996 edith live in a house she wouldn't sell for even a million dollars so the structure went up around >> it is an unusual symbol for someone who says i will not topple over for a big corporation. >> but in 2008 she passed away and left the home to bar

the division of united technology is getting slammed.s poor, less of half than what it should be. the fighter jets are the costliest u.s. weapons program costing $391 billion. walking market bills the airframe for the f 35. a major shakeup at volkswagen. the chairman has resigned. the move could helpful slacken -- volkswagon and move forward. tesla shares flying today. they expected to move a lot this week. comcast's 45 billion dollars takeover of time warner is not happening. the deal that would have brought together the two biggest cable internet providers fell apart. that would've meant fewer choices and were service. charter communications, the company that has tried to by time warner before says that a new offer would be better before. here's more from bloomberg. lots of news. why would this be a subject to less scrutiny? >> it does not own this media assets. it is simply a smaller company buying a larger company. not own this media assets. you what you would be an explanation of what would you think would be the repercussions of ti

liz: united technologies and procter and campbell. general electric.ey not hedging properly? >> i don't know the answer. look at pepsi and google. they do very well. liz: who will do well? >> this cfo caveman already to say we have a program in place to do what it is expected to do that we buy insurance during the nonvolatile time to hit the expectations without surprises. liz: they would figure out how to hedge. >> without leverage technology to limit the exposure. no surprise of the top line or the balance sheet or the bottom line. liz: those a you feel will be hit hard? 3m and monsanto? >> but what is interesting only five out of 25 analysts but 20 of 25 did not do it. they really need to do more analysis themselves. >> this to fall above but they did not downgrade them. so then the surprise the market to go down. >> to your expected to strengthen? >> i don't know. but these companies have currencies all over the place but you do hear companies wanting to manage but now i see this cfo starting to worry. liz: this shows how cheap the row has gotten.

united technologies and verizon all set to report this hour.bers and the instant number reaction. >>> bethany frankel is here to talk about her line of consumer products, her new book and her return to the "real housewives of new york." >>> live from the beating heart of business, new york city, this is "squawk box." >>> welcome back to "squawk box" first in business worldwide. becky quick and steve liesman. couple earnings report hitting the wires. utx and travelers hitting and both mr. liesman and ms. quick going through the numbers. >> 253 compares to the 254 that the street was looking for when you look at thompson estimates. looks like revenue was very close. came in at $5.9 billion that the street was looking for. we're using that number because i believe that's what the street actually looks if for. although it is a strong report, coming off of a very strong quarter from a year ago for this company. let's take a look at what they're talking about. some things they're doing is raising the dividend by 11% and the board is approving the $5

and hank, united technologies, which saw the spinning off of the helicopters.ll like it or not? >> the biggest story in technology is cyber security. we'll continue to be in cyber security. these companies aren't making a lot of money right now. but mark my words, cyber security companies will come out of nowhere. fortinet will continue to grow at these multiples. >> don't feel bad. i lost too. i had wisconsin. better luck next year. >> i feel like villanova, the number one seed losing in the second round. >> that's my bracket. thanks, doug. we had my floor member doug pick there. he made it pretty far to have wisconsin in there. thanks for planning along. hank smith. and jeff, circle square investment president and chief investment officer. jeff, the winner here. closing bell, five minutes away. starbucks taps arizona state university to give employees free college tuition. we'll find out from a top asu official how it works and who can apply. what happens in the last five minutes? we have lost the gains. the dow just turned negative. stay tuned. ♪ the cloud e

united technologies very busy recently.o recently announced that it would be buying back billions of stock as well. so again, why is it doing it now? as david mentioned timing is right. what's interesting according to people i've spoken with this came together in february the time the company received basically a pathway to for the sify-d designation, meaning regulators outlined how the company could get out of the designation of a systemically important financial company that is a nonbank. also buyers expressed interest in assets. again the stock is underowned, again, hoping this will prove it to aba more attractive investors. retail stocks we want to watch them as well. the retail stocks we had gap reporting same-store sales ahead of expectations stock lower, though. price mark also coming up with disappointing numbers so the stock is under pressure. wanting oil, of course the best performing sector this week, followed by health care. health care of course benefiting this week from some big acquisitions, as was energy. th

. >> i like united technology. 70%, no way, no way. no more than 20% in one stock. we diversify.ticut. james. >> caller: i hope you are enjoying san francisco. >> couldn't be better. it's beautiful out here. >> caller: several months ago you recommended mobile eye. i wonder if it's a hold or should i dump it? >> i said we should take a hold of mobileeye. it's getting interesting again. i'm not against it. this is not a great market for speculation. let's go to jason in pennsylvania. >> caller: love the show. >> that's a fan. >> >> caller: is now a good time to get more altrea? >> we don't want to back up the truck on anything. i think because rates are going higher, but altria is good. i do think that's an inexpensive. how about renay in florida? >> caller: hello, mr. cramer. thank you so much for helping everyone. i have read all your books and i watch you every day. what do you think about the stock dlr? >> digital realty not a fan. if we're going to go down that path, just not -- it's not a good stock. i'm sorry. there's too much uncertainty. let's go to lou in arizona. >> cal

we had ibm, dupont, travelers and united technology all with nothing really exciting on the earningsront, and that's what's dropping in this market here. what happens now to the dow as we head to the closing bell? >> well, i think, liz, and i mean, that addresses what the market did in the first quarter, what it's dope for most of april -- done for most of april, is we have a stock market in general that's pretty much priced to perfection, not a lot of room for error. the strong dollar, obviously, continues to wreak havoc -- liz: did you see that, teddy? you had dupont blaming the dollar, ibm. come on. >> not come on, it's real. the fact is we saw this six months ago and with dupont in particular because you and i talked about it on air. liz: yeah. >> i mean, these companies are going to hide behind the strong dollar, as well they should. but let's not forget they've had a weak dollar at their back for almost 20 years. liz: exactly. [laughter] >> so you know what? clearly, the game has changed. it's too bad we don't have more time because i really want to talk about the flash crash a

most are tech companies like intel and united technologies. >> the american dream and the promise of it must be for everyone. companies and in this case starbucks has to figure out a way to crack that code. >> reporter: rebecca jarvis, abc news, new york. >> good move. >> give us the number. how many are eligible. >> 144,000. >> i hope every single one of them take them up on this. this is great that companies do this and people take advantage. >> sounds good. >>> coming up, "sesame street" meets "game of thrones." we'll see if anyone loses their head. >> i'm curious about that one. >>> gwyneth paltrow's latest venture. this one involving "hustler." what? "the skinny" coming up. >> announcer: "world news now" continues after this from our abc stations. ♪ skinny so skinny ♪ >> okay. in case you missed it video later in the week and you'll see why she's losing it right now. stuff in the commercial break i wish i could show you. get caught up on what is happening the ballroom. "dancing with the stars" i didn't see a second of it. the ncaa championship was on. >> it was good. >> a little

this has created a headwind for companies, microsoft, proctor & gamble, united technology.eally all of which have in common the fact they have very significant exports that become less competitive as the dollar's appreciated this rapidly. david: now it is certainly has some effect on u.s. markets the fact we've been basically flat for the year, while european markets by the way have been up 20% for the year in some cases. you say be careful about putting your money with european stocks. after all, they're based, denominated in euros. the euro has come down. so that is a fool's gold bet, is it not? >> we, i, put it slightly differently. we like europe. we like japan. but with a caveat. we don't want currency exposure. we spoke about, expect the dollar to appreciate. that means euro and yen depreciate. for dollar-based investors that will be a drag on return. our recommendation you want exposure to these markets, there is still opportunity but do it in vehicles that hedge out the foreign exchange exposure so none of the returns are dragged down by stronger dollar. david: get

dow movers, crude, intel united technologies and microsoft coming under pressure.addy domain names danika patrick is here yesterday over 30%, hitting a new high up 2% at the moment, $26.69 and the airline, and passenger units. american, united under pressure. [ female announcer ] who are we? we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. stuart: developments and the iran nuclear talks. preliminary deal has been reached. the two sides are negotiating over how much to disclose. there will be a press event in switzerland. what have you got on this? >> is troubling that they are going to hide some of the information. why should they debate what to disclose? they should disclose everything. if you have a good deal you would be best

they are made by united technologies pratt and whitney unit. pratt and whitney says the report and correctly assessed engine reliability. if you want to know where the smart money is going, the founder of the world's largest hedge fund firm like china. that sounds like sam druckenmiller. he tells us there is a lot to like about the chinese economy. dolly oh: --dalio: i think they have a lot of potential, so i remain bullish on china. stephanie: bridgewater has a cool $169 billion in assets. he knows what he's talking about. moving on, a race against time in the fall. searching to find survivors in the earthquake that killed more than 3700 people. international relief agencies warned that the next big problem may be disease caused by tainted water. the quake that rocked the hall -- nepal on saturday left millions homeless. many are in villages that are hard for aid workers to reach. >> the villagers are working to find in one to two days walk and that is in the best of times. a report of heavy casualties and injuries. these are far, remote line

the other unit clearly had trouble, but the nutri ninja's power and auto-iq technology clearly broke down all those frozen and fibrous ingredients really, with no problem. look at the difference, rachel. >> this is exactly why i recommend the nutri ninja auto-iq to my clients. [ applause ] >> it's so easy. you just put the fruits and the vegetables in the nutri ninja. it blends it up. it comes out really smooth and creamy. and it tastes awesome. >> the ninja made it so easy to get back into my pre-baby weight and just feel vibrant, energetic, healthy. >> because of my super juices, because of the ninja, i feel awake and alive and young like i should. >> the nutri ninja duo is a great way to get the entire family involved in a healthier lifestyle. >> after eva was born, i decided i wasn't gonna give her any processed food. everything was gonna be straight from the earth, very organic and i'm able to do that with the super juices. i make one for myself, for my husband, and then eva all at the same time, and it feels so good to give her such nutrient-based foods. >> and you know what th

literally as if china is going to create the entire electrical capacity of the united states again out of zero emissions technology to meet the deal. they have not actually put out an indc, an intention document, the way the united states and just a couple of other players have so far. >> let's the end where we begin. nra. delays been arguing about whether state scientists can talk about climate change in their official documents. we're already seeing the affects of a changed climate in florida. >> absolutely. everyone when they think about climate change they think how could this affect me today and sort of the great irony of this whole controversy around the words climate change in florida, florida of all the states is feeling it fastest and most tangibly at the moment. two termites indigenous really to florida, they're brought there usually on cargo ships. those two types of termites because of climate change have begun to mate together caused by warmer and longer mating seasons. so now a hybrid termite has emerged from this that we don't know how to deal with that. couple that with the challenge of being a hom

the mission of the occ, organizational developments, our budget, investigations, legal unit, and information technology. the history and the mission of the occ is that it was created by a board of supervisors initiated charter in 1982. the occ became fully staff and operational in 1983. it is under the jurisdiction of the police commission, not a part of the police department but part of the police department's budget. the mission of the occ is to investigate civilian complaints and impartially and we make recommendations on police practices provided by charter, and in terms of promptness of investigation. in 2007 the city controller issued a highly critical report of the occ prior to my beginning and -- the title of the report was poor case staff management degrade the quality of occ investigations. one of the find negligence that report was that best practices for investigators is 16 cases per investigator, but in in 2007 the case load ranged from 20 to 45. that's still not the case but the case load is i will outline a little bit later is still too high. for 2014-15 under organizational developments

united technologies would have been seven cents higher if it had not been for the dollar.ional banks are all reported by now margins loan growth and top line all below expectations. regional finance was better than everybody else. we need to get better loan growth. we are not seeing it yet again. back to you. >> thank you very much. let's head up to the nasdaq which yesterday as far as composite was concerned outperformed the rest of the market. bertha, good morning. >> it has been outperforming. this is the 12th session this year we have seen the nass yack composite above 5,000. we keep getting higher lows. we haven't taken out the high of last march. if we close above 5026 that will be technically strong. it seems to be struggling to get above that number. and take out the all-time high. today we are getting strength when it comes to chit'sp's lam research. upgrading its outlook. that has a lot of the chip equipment makers moving to the up side. biotechs have been the strong performer. all this consolidation is moving things. mylan after this bid from teva today is at an

united technologies up big. i'm looking at carnival upgraded by wells.ocks getting a number of bumps. i don't want to hear there's nothing to do or central banks inflated. let's not asterisk this. this is not juicing. this is not major league baseball where some guys are juicing. it's real numbers. you can drill the unh bid for a million shares. enough, enough with being wrong. >> there are no baseball players juicing anymore. hence, nobody scores any runs. >> dick fisher how wrong is dick fisher? but it's okay. i don't know. if i'm wrong like that you know they're going to get the hook i've been around for ten years on "mad money." if i'm wrong like those guys you think you're going to see me? money monster. >> what would that look like. >> george clooney and julia roberts. >> that would be nice. >> starting to film it. >> glass half-full for samsung and apple watch discount, we'll talk about that in a moment. >>> also ahead, we'll talk live with fedex chairman and ceo fred smith about his company's $4.8 billion deal for tnt express. dow and s&p going f

>> the reality is companies like united technologies or honeywell or lots of other companies for years of sticking to their knitting and acquireing other companies. they bought rca, they bought nbc -- >> evan, i hear what you're saying. they made some mistake in the past. but if today is the -- >> because i'm trying to learn something from this tim. i'm trying to learn something other than you know what? we finally figured it out after 15 years with jeff immelt as the ceo. i finally figured it out. it took me 15 years. sorry shareholders. >> this smells personal. i wonder how many shares of ge evan owns. >> he's been ceo since 2001. >> robert? >> evan has this one. look, i don't think it's a failure as a company. this was a move people really wanted for a long time but i do think you have to look at their history of innovation and sending 50$50 billion back to shareholders, what does it say about their confidence in investing in their own business? >> we know we're going to see earnings decline by about 4% from a year earlier. a lot of that because of energy and gas but not the only re

they get to test which is the most effective way in different parts of that unit, the second is the environmental technology students to come in and make this a greenhouse, we have the solar panels ready the trades, into the carpenter's union, we want to expand that and look at local 39 and get them into stationary engineering, the labor's union to continue to get students who are getting these skills that cannot be found elsewhere in high schools and get them out. i want to introduce our three students who are here with tjpa and turner and have them share with you some f the opportunities they had and what they do at john o'connell. >> i just want to add, it's a really great problem. at public works, we have three or four students who are in the program and they come once a week and they work in the shops and learn trades also. >> absolutely, they're there today. >> hello, my name's tala, i attend john o'connell high school and i've been in the construction lab for about two years now and work witching the bct lab and turner, i've come to raeltz that safety is a very important concept and we feel that it i

she is the chief technology officer of the united states. has been called tech's chief evangelist in government. she left her executive role at google to bring her expertise at the white house. she has the task to unleash the power of technology on behalf of the nation. i'm pleased to welcome her to this table. megan: thank you, charlie. charlie: tell me more. what is the mandate of the chief technology officer? megan: it is a new job that president obama started as he began his presidency. it is embedded in the office of science, technology, and policy with the science advisor. he is awesome. he has such depth and creativity. our colleagues are watching for your science policy like ebola, or education, there are people working on national security environmental, other things. dr. holder and i both report to the president. the key is, how do we both weigh in on policy, and make sure the techies are there when we are making decisions, and also, how do we instigate and help our government be much better at all of these things we need to be usin

mark: talk to me about the technology and what sets him apart from what they use in other parts of the world. 5 -- guest: the united states has the technology and law enforcement capability to do point technologies like explosive trace to touch and bomb dogs, all sorts of devices that can be put into place. we have demonstrated that in the past. we have a very strong security apparatus in the united states that can be applied to events like this in the future. mark: do the folks who were attending the marathon or some other public event, do they give up some of their liberties for the sake of being safe? guest: we all do and i think it's a price we are willing to give up for a safer society. i think people recognize the world is changing and we have to be part of that and take a proactive approach. it's not just a law enforcement or security apparatus responsibility. every individual has a responsibility to report things that are anomalous or things that need to be reported to authorities. now we are talking about terrorism, but we have had the same responsibility in high crime areas or any place we want to raise o

predict that drone sales will reach nearly $80 billion over the next decade in the united states alone. drone technology is expected to yield many benefits. but this promising technology also carries risks. people have uploaded video clips of accidents to youtube. this drone was seen flying above a marathon in november last year. the 4 kilogram drone crashed causing cuts to a woman's face. another crash took place near an elementary school. an out of control drone flew past the school building scraping nearby power cables. it ended up crashing into the ground. >> translator: the clip shows the drone losing control and plunging to the ground. it seemed as if the operator had given no thought to the possibility of an accident. >> reporter: nhk has learned that over the past two years at least 100 such incidents in japan have been reported on the internet. drone crashes can be caused by factors such as operator error, depleted batteries and jammed radio waves. drones are not subject to regulation or applied legislation as long as they're flown below an altitude of 150 meters. they their use is prohibited n

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high on the lists are the giant military contractors boeing, united technologies and lockheed martin. chart next to it, you have the rank of the federal contractor. that means where they are in terms of the contracting dollars overall. this is the amount of their federal loans and guarantees. guest: what we did was look at the list of the largest for-profit federal contractsors. the data on subsidies only tracks for profit. we ruled out nonprofits and government entities. we were surprised to find that many of the companies are the biggest recipients of contracts have also been recipients of grants and other kinds of federal assistance. we felt that raise an interesting question. why are they getting both of these things? we understand why companies get contracts. we thought it was interesting that many of these same companies are then getting grants to subsidize their research. they get money from the federal government to research different systems products and then they turn around and sell those products to the federal government and get a contract. we suggested maybe that was a f

united technologies and illinois tool work and the mayor may not make sense in the long term.ing that are not necessarily conglomerates but more like ge where the environment has changed. the competitive environment has changed and the business makes less sense. xer ox is an example. a great services business and it is growing and long-term contracts and they have a legacy hardware business that is not a good business, shrinking. not much anyone can do about it. does not make sense for the services businesses to be clouded by the hardware business. >> put xerox on your list. i think i just heard something. >> those businesses that are conglomerates with parts that are giving a pass either by performance or management or companies where the competitive environment has changed and they no longer make sense. >> let me ask you a broader question. at the top of the hour and ewe also said it in the 6:00 hour we reported the old ernst & young saying that ceos in america will do more transactions than ever before. a very high percentage of them. do you look at that as a barometer that

megan smith is here, she's the chief technology offer of the united states. she has been called tech chief evangelist in government. she left an executive roll in google to bring her expertise to the whitehouse in september 2014. she says her new task is unleash the power of technology data innovation on behalf of the nation 678 i'm pleased to welcome her to this table for the first time. welcome. >> thank you, charlie. >> rose: great to have you here. tell me more, what's the mandate of the chief technology officer. >> right. it's a new job that president obama started. he's so much of a third person in it. it's imbedded in the office of technology with the science advisor dr. holdren. he's awesome. yes, creativity. so our colleagues really are watching out for pure science policy like equal law or whether it's stem education, people working on the national security tech, environmental, brain initiative and other things. so the ct office sits inside that group. dr. holder and i both report to the president. the idea is how do we both weigh in on tech policy