. >> united technologies/honeywell saga continues. will give you new details on the drama. >> and it's super tuesday. why today's results are so important and what to expect from each state. >> let's get to honeywell and united technologies. yes, continued drama, but it's over, actually. >> what? >> yeah. the drama has ended. honeywell says it is no longer pursuing a combination with united technologies due to that company's unwillingness to engage in negotiations. it was about a week ago, a little more than a week ago when we first told everyone about conversations that had taken place between the two companies, about back and forth that had been going on for quite some time. most recently a proposal from honeywell to acquire" for about $108 in cash and stock. during the last week, honeywell has amped up the pressure, made public that proposal and tried to convince united technologies shareholders that there was a way to get this done over the objections of united technologies in terms of at least their focus on the antitrust impedim

it's the first time since he decided to abandon his bid for united technologies. i'm calling it an exclusive. >>> can the company behind ihop keep serving up the sweet stuff? and investing is like buying a it's all all location, location and location. find out if tr pointe is the right place for your cash to call home. of course, why don't you stick stress sweat. it can happen anytime to anyone. stress sweat is different than ordinary sweat, it smells worse. get 4 times the protection against stress sweat. with secret clinical strength invisible solid and clear gel. there's a more enjoyable way to get your fiber. try phillips' fiber good gummies plus energy support. it's a new fiber supplement that helps support regularity and includes b vitamins to help convert food to energy. mmmmm, these are good! nice work, phillips! the tasty side of fiber, >>> it's been a couple of crazy weeks for honeywell. the terrific diversified industrial makes everything from aerospace components to climate control systems, security equipment, special materials, turbochargers, refining

it's the first time since he decided to abandon his bid for united technologies. i'm calling it an exclusive. >>> can the company behind ihop keep serving up the sweet stuff? and investing is like buying a house. it's all all location, location and location. find out if tripoint is the right place for your cash to call home. of course, why don't you stick with cramer? the kitchen...that's home. i know that's like my grandma cooked, my mom cooked... ...i cook. chocolate bread pudding, and soufflés, and... ...banana bread. i make a lot of banana bread because the baby likes bananas. so, we always have bananas in the house. (laughs) whatever home means to you, we'll help you find it. zillow. >>> it's been a couple of crazy weeks for honeywell. the terrific diversified industrial makes everything from aerospace components to climate control systems, security equipment, special materials, turbochargers, refining catalysts. on monday of last week, my squawk on the street partner david faber broke the news that honeywell held merger talks with united technologies. huge c

. >> earlier in february, united technologies notified union workers at a carrier heating ventilation-conditioning plant near indianapolis that their work is being shifted to monterrey, mexico. you may bemoan this, 2,000 people, and the video of the good-bye announcement that's been delivered on the factory floor that's on youtube that you can go watch is certainly very difficult to see. but i say welcome to the world of nafta. you can make heating ventilation and air-conditioning equipment so much cheaper in mexico, it really is quite a wonder anyone makes anything here. great workforce, well trained, loyal, very low absenteeism, $5 an hour, very good health care paid for by the state. and there's a railroad line ready to take products north to markets in the united states, just as easily as any train coming out of indiana. honestly, this one's about free trade in a nutshell. if greg hayes, the excellent ceo of united technologies wants to beat his number and raise numbers and grow the companies, it makes much more sense for him to move that plant to mexico. and there's not much even

honeywell says it's abandoning an attempted good for united technology. what is the reaction? might expect, united technology shares are going lower. it's burned honeywell's 108 share offer. concerned about antitrust resistance to the deal. honeywell shares moving higher to sun edison -- we're looking at that stock as well. the stocks plunging 22%. it's not going to release its 2015 financial results on time. it is investigating internal questions about its liquidity position. speaking of internal investigations, let's mention valeant. been movings have lower after that company disclosed a new sec investigation. that happened yesterday. the shares took a leg lower and they'll move even lower again today. vonnie: certainly an interesting start to the month of march. that's check in now with the bloomberg -- let's check in with courtney anna who and the bloomberg first were news. courtney: it is super tuesday and it's a chance for donald trump and hillary clinton to put distance between their rivals. mostd trump's favorite and of the caucuses and primaries held in a dozen states

united technologies never gave up. >> ge back to flat on the year.nd on the cover of business week. >> moving to boston. >> it's a digital company. >> they were very close to moving to new york. >> really? >> but listen up, it was taxes. taxes. >> to brooklyn? >> taxes kept upper management from saying, no can't do it. can't move to new york. >> what do you make of united technologies trading above where honeywell was? >> i don't know. i think utx will always have a bit of a premium in it. these two companies have visited each other so many times, inevitably it seems like it will happen again. beyond that, it's curious. unless businesses tun dramaticall dramatically. >> my travel trust owns lockheed martin. greg hayes sold sakorsky as an oil play. these companies, honeywell and united technologies, they do a lot of business in china, in europe. that's why i say this s&p is not as expensive. if you reverse the dollar f that dollar starts going down, honeywell's numbers, they'll be selling at 14 times, 15 times, but 12 times earnings. this dollar is --

it says it will walk a way from talks with united technologies. uy the company. united tech knowledge is apparently was not willing to negotiate so honeywell said they will go it alone. united technologies will have to do the same and investors have less confidence in united technologies than honeywell. marathon oil is down big, 5%, in the premarket. the company says it will sell 100 45 million shares. previously, it was going to sell 135 million shares so it will raise more capital. it will raise $1.3 billion to get through this route. oil explorers and producers, if they have cash, they think they will be fine as well as they get through these low prices. if they don't, they are in trouble and many of them are out raising capital. stephanie: i will take it. i will talk about chrysler. the company's winning streak in terms of sales as lasted almost six years. it posted its 71st street monthly sales gain in the u.s. and chrysler sales were a 12% and nissan u.s. sales were at 11% and that beat estimates. more problems for greece, creditors hit a roa

pa united technology produces jet pengine and otis elevators. plast week united tech rejected phoneywell's offer of p$90 billion. p>> the owner of new york stock pexchange is considering an offer pfor at london stock exchange. pintercontinental exchanges or pice has not approached the pboard. pmove comes last week it was in ptalks to merge in a deal worth p$28 billion making it the pbiggest exchange in europe. pdemand for a suv and trucks ushing ford sales higher the pcompany says february sales rose p20 percent. psuv sales up 29 percent. ptruck sales up 14 percent. pford car sales rose almost 19 ercent. pemirates b. bump taking title pwith a launch of nonstop route pbetween dubai and new zealand pclocking in at more than 8800 pmiles. pthat drops kwaun tuesday's route pbetween dallas fort worth and pfor more check check out fox pbusiness.com in new york. pi'm lauren simonetti. plisten to this for first time ptime in almost a 100 years the rice of first class stamp is pgoing down. pcost of mailing a letter will go pfrom $0.49 to $0.47. pand if yo

>>> we have the exclusive with honeywell, fresh off the united technology bid and right with his analyst day. dave cote and csx hold on through the takeover. i'm jim cramer, and see you tomorrow! snoelt >>> >>> it's wednesday, march 2nd and coming up on show, "early today" ," super tuesday results are in. and rubio bags his first state. we'll have the recap ahead. >>> scott kelly is back on solid outer space. >>> and an k350i9 exciting update on beast." "early today" starts right now. >>> theers voters have spoken and the big super tuesday winners are donald trump and hillary clinton. trump won arkansas, vermont, georgia, massachusetts, virginia and vermont. clinton also won seven taking massachusetts, arkansas, tennessee virginia, texas. and bernie sanders managed four victories. ted cruz won three states, home state of texas, oklahoma, and he just added alaska for good measure. marco rubio pulling out a victory in minnesota. a calmer and more measured already looking ahead to hillary clinton. >> this has been an amazing period of time. been amazing even from an educational standpoint a

. >>> honeywell this morning announcing it has dropped its bid for united technologies. cnbc last week broke this story that the two local aerospace giants had been in major talks. reluctant to merge. honeywell this morning has given up the effort. looks like it's not going to happen. >>> meanwhile, mcdonald's this week in sweden is rolling out a new promotion called happy goggles. you transform the happy meal box into a virtual reality headset into google's own version cardboard cardboard. you add your smart phone and navigate down the slopes selecting stars. how fun is that? the headsets are only available in sweden. they're celebrating the 30th anniversary of the introduction of the happy meal over there. no word from mcdonald's on whether they're going to do this in the united states. i tell you what, it would be a huge hit. parents would be taking this away from their kids to play this virtual reality game. >> i was thinking the same thing. >> you would do that wouldn't you? >> i probably would. >> snatch it from a child in the >> thanks a lot. >>> 47 degrees, march

. >>> honeywell drops its bid for united technologies. the bid was removed after utf said honeywell participated in talks. it would never be approved by anti-trust regulators. shares gained more than 4%. barclays says it will sell its african subsidiary and cut its dividends in half. they standby the difficult decision to close the uk banks non non-core business and wants the company to move forward. >> we need to get restructuring behind us and focus on the core franchise of barclays. it has investment banking business. >> shares fell nearly 6%. dollar tree said sales rose in its fourth quarter. that wasn't good enough to meet analysts targets. they missed on earnings citing impacts from the strong dollar. the company sees earnings missing estimates and says it expects same store sales to stay in the low single digits. >>> the luxury retailer kate spade saw revenue rise but despite beating competitors they missed estimates. they were up 11% to $21.99. yahoo's annual 10k filing shows the tech giant might need to write down tumblr. it's th

honeywell is ending united technologies. winning negotiations. revealed $9 billion.he new york stock exchange. according to reports. a bit as well. i will be right back with rick santorum to get his take on the all out brawl among the gop candidates. i will see you here. ♪ when you think what does it look like? is it becoming a better professor by being a more adventurous student? is it one day giving your daughter the opportunity she deserves? is it finally witnessing all the artistic wonders of the natural world? whatever your definition of success is, helping you pursue it, is ours. t-i-a-a. >> super tuesday. marco rubio campaign up attacks. it is getting personal. deeply, personal. the home state is not on tonight's outlet. it could make or break his campaign. here, with what is at stake. one of rubio's top endorsers. rick santorum. welcome back to the show. good to have you here. it is good to be back. let me ask you first of all, you have seen the attacks over the week. i find that this does not really sound like marco rubio. he is trying to get down into the g

and we have deployed technology to leverage existing infrastructure and have had significant results. even with the existing pool of radiologists in the unitedwe have seen efficiency as much as 50 percent to 70% greater productivity with the technology we have to point. emily: your company is trying to bring down turnaround times for radiology test results. how should this space be regulated? first of all it is regulated. it is heavily regulated. what i think is interesting is rather than come up with an innovative way to take the patient exams or have patients move through the system, we have -- this is heavy work -- heavily regulated. all the machines like cat scans, x-ray, ultrasound, all these have to be fda approved. our core technology which goes into hospitals is fda approved and then you have a level of encryption. patient information is a sensitive so we are in the department of your -- defense and 500 facilities across the u.s. government, public and private facilities. you want to make sure and this is a good point, want to make sure the way you capture patient which it is aned imaging. you see other industries where people are do

the united states harnessed new technology, produced more oil than anybody thought was possible, just a few years ago and a glut developed, exacerbated by saudi arabia's decision to lower prices by flooding the world with oil. in order to drive the marginal producers in this country out of business and frustrate iran's attempts to develop new oil fields. the oil glut turned these stocks into punching bags. and every time they run up i think you will get a good chance to [ sell, sell, sell ] . this is my lower longer thesis at bourque. the companies are desperate to pump crude so it's self-defeating. do you know what else has no pricing ability here? can't raise prices, has to keep cutting them. quick serve. last night krispy kreme reported a disappointing quarter. why? management said the requirement is too promotional. we are talking about coffee and doughnuts. this is what we heard from jack in the box and popeye's and dunkin donuts. they can't raise prices and there is pricing pressure town. why not? one word. mcdonald's. because of mcdonald's which is pretty much declared a price

united technologies performance building engine has been played by recurring manufacturing quality issuesccording to the defense department quality retorts -- reports obtained by bloomberg news. it is under pressure to improve quality as the pentagon plans to spend almost 49 billion dollars to five more than 2400 engines. it is a comeback for bill gross. jim's capital unconstrained bond fund having the best quarter since he took charge. ranking 11% of the spirit group. now to your bloomberg business flash. now heading to the markets desk were julie hyman has another look at tesla. so much excitement ahead of the unveiling. three going tol be unveiled later today. a lot of mixed commentary going into this announcement. calling this a potential game changer. ubs talking about potential competition for the vehicle. one issue could be too successful. a lot of questions about where this fits into the tesla universe and what it will end up doing. will it be enough to boost sales for the next several years. bounce sincebig the lows of the year. as you look at how the stock has done in february 1

honeywell is no longer willing to do business with united technologies.here are antitrust concerns. u.s. sales declined for the fourth straight month. the german automaker is having trouble attracting customers after the cheating scandal. dreamworks ceo jeffrey katzenberg says his company would be interested in combining with paramount if they could find a financial partner to back the deal. his companyays doesn't need a merger partner. and tv investments in recent years are beginning to bear fruit. one reason behind today's market rally is u.s. manufacturing in february. it did shrink, but less than forecast. stabilization may be in the works. even if the data was still native -- still negative, that could still be the case. joe, it was -- joe: any time the data is below 50, that indicates the area stilling contraction. a, the data was better than last month. like newok at things orders and employment, those are both positive. what they signal is a, improvement. and b, the things that really matter, good things for the future. this is clearly a better-th

is united technology driven by profits? yes. we have an economy where firms, you know, they are meant to earn money, they are meant to earn profits, so that is obviously part of their motivation. that's not their only motivation, but that is certainly part of it. i wouldn't call it greed anymore than i'd call somebody taking a higher paid job as opposed to a lower paid job. is that greed? i don't think so. >> thanks for sharing your insights on this this morning. >> thank you. >>> flint, michigan is going to stop billing residents for water. the city is trying to decide how to hand out $30 million in credits from the state, flint's mayor saying the city needs to figure out how to apply the credits in the first place. michigan approving that money last week. it is designed to -- >>> dozens of schools in newing arc new jersey turning off the taps because of lead. as al jazeera's john henry smith tells us, the city says it is not another flint. >> officials in newark say it was a report of gray water at one school last thursday tha

honeywell just dropped a proposed 90 -- $90 billion offer to buy united technologies.ods chain sports authority has filed for bankruptcy protection. they said they expect to get a $595 million loan that will allow it to keep operating. with authority has talked with other sporting goods chains about selling some of its stores. that is the latest is this flash. we have our eyes on the newest member of the maserati family. i hope you are watching because this is a big one. bloombergiott from news has a first look. >> maserati has finally debuted its suv. this is the first suv from the tie-in brand and is made to go up against new suvs from the --es of bentley, jaguar maserati hopes its -- blues -- blows some new life into the brand. it will take some doing to be the excellent -- but wanted does come with a distinctive look and feel. it comes with a twin turbo gasoline engine or 275 horsepower turbo diesel engine. it will hit 65 mile per hour in 5.2 seconds. even better, it comes with full off-road capability, not that you will actually use it and the lowest center of gra

only united technology declined in the doubt. rally,ge day, huge really telling that we got a week chinese pmi, different flavor to the markets in january. alix: you can see that amplified in the bank stocks. f, s&p financial sector, a 50 day moving average, just below that. data,'s deepening yield curve, the banks take off. joe: speaking of the steepening yield curve, the spread between the two year and lot,0 year, flattening a so this trend which had been going down jumped up today in a reversal. also, amazing fixed income news, japan selling 10 year debt at negative yields. stocks rallied, bonds fall, so it follows that the japanese yen should weekend. and particular, backing off a three-year high. alix: oil, boom. i 31% rally from its low in february. vladimir putin meeting with the heads of big oil companies. that had the markets taking off. scarlet: we should mention auto sales another important piece of data. ford and feel chrysler better-than-expected numbers. unexpected drop because of a cutback in deliveries to rental a

release medicine lasts for 12 hours. >>> we have the exclusive with honeywell, fresh off the united technology bid and right with his analyst day. dave cote and csx hold on through the takeover. i'm jim cramer, and see you tomorrow! snoelt >>> >>> it's wednesday, march 2nd and coming up on show, "early today" ," super tuesday results are in. and rubio bags his first state. we'll have the recap ahead. >>> scott kelly is back on solid

united states. it's a big opportunity. we think the technology we built, our understanding of the home market it's a category that's unlike other categories. we think we're in great position. >> wayfair is changing the way that people shop for their homes. part of the process is helping the consumers discover the new possibility, in terms of selection, price, service, inspiration. you're going catalog. why do you need catalog? you have a great online experience. >> we have an incredible online experience and we do great things on television with partners. we have integrated on hg tv and -- >> isn't catalog old world? >> the point i'm going to make about catalog where it fits in, one of the things different about home, home is unbranded. it's very visual in nature. one of the great opportunities when we have a loyal customer and we have over 5 million active customers as i mentioned they're growing -- we're growing because they're coming back. well it's a touch point for the customers. very immersive and very visual in nature. we take this imagery

. >>> united technology's open r open i opening.gate raiding its dividend up about a pepny per share. >>> some other movers for you, el paro loco, raising attempts. the food chain's guidance was at the low end of the year. they rallied hard into this announcement. earnings beating the street. the telecom firm posting better than expected margins and that stock is up.7% in the early action. >>> the first quarter has been challenging for the entire sector due to financial market, according to his. but in his words, he has to be thinking mario draghi coming from the banks. >> and that's why he said that. >> would you say that risk -- if you go back to early january when things were so spooky in the markets and you have major sello sellouts, oil is near collapse, the european banks found themselves in the eye of the storm on many days. does this eliminate that risk? >> i don't think so it eliminates the risk because you're still facing negati negative .4%. it's just that the tros allow them to borrow at free rates, perhaps even be paid

toatiohoui tr pote group hadit dioon tom faering and aerospace rereins strong according to united technologies and honeywele. i'm notaking m mcue fr the stock of boeing because they ha isss inlvinaccounting and seeeet y sell, se, sell.i think apple stock may y ve putut inin botm bebause the iphone 7 beckin s sond lf year. sais dvevehalf check. 12, we nee 12, we needed d see more negavity. 13 days ago #h a lev of ti iadadseenn ag, wh many thoughght wod to takdo banks, heard out freezeupand worodwide lending. that p picissisitete we'v'ven p pk k ar and negativity f f t c and thtxtxheck is standingng item 13, we need more sector adipides fang, my acrom fabookazon nelix d gole. we've witnessed cloud stock whh is havbebeecateded teibleers like linke tau waome to@. superior quarter, sales force and work day leading the charge. we'v'vseen leadershicyical ace the bihse e a ststled but wese retailers d restaurants bottom so we'r kthat che@k@k@k fifilly we wanted to seeeeur pfarite comnies d der bee lowow ey prices. other than a small han of companies, this just had to happen. the upside. i don't know,

united technologies, you know, that kind of rotation is usually the death nell for stocks.owever, tim collins on an off the chart segment said, you know what, jim? you ought to take a hard look at pfizer. it was in a reverse head and shoulders pattern. it would be precisely the kind of company i would shun when the economy is speeding up, but when you look at this chart, you can see that pfizer traced out a left shoulder as it rallied through the month of okay, and declining aggressively. the stock, a then it caught a rally, but a pullback to create the right shoulder the key with this pattern is the neckline, that connects the head to the two shoulders. and tells the technician you're about to witness a big, big, big move. it was at $25.80, and collins predicted if it could take out the neckline it could be in for a monster run. headed for the industrials, i was confounded by this bullish reverse head and shoulders pattern. i didn't trust it one bit. it's the king of rotations, i nigh it was a bad stock, but collins said rotations, smo-cations. i thought it was inconceivab

dropped ajust proposed 90 billion offer to buy united technologies.rl icahn says it new jersey approves two casinos outside of new york city, he will pull his plan $100 million investment into his newly acquired trump taj mahal casino in a clinic city. he says the competition would devastate atlantic city and make it impossible to poor that much money into his new casino. man who spent 50 years at goldman sachs is retiring. some ofn spearheaded the biggest ipos including microsoft and deutsche telekom. he will now become a senior director. that is your bloomberg business flash update. let's go over to the markets desk where julie hyman has the latest. looks like stocks are trying to fight back into positive territory. julie: they are trying. the s&p is up a whopping .1 tight tradingy range, only about eight points on the s&p 500, the tightest trading range of the year, still even with this latest upswing. slightly into positive but really looking like a mixed picture. let's take a look at analyst call that are moving stocks. joy global, the mining equ

it helps you understand why honeywell wants to team up with united technologies. made me want to go back to alcoa because they want to do acquisitions. when they break into two separate companies the engineered portion of the business will have $6 billionle in aerospace orders that dove taille with the parts. while he disagrees with the style of opportunities his brazilian partners seek going after les productive enterprises making them better i feel good about kraft hines. another year of investable take aways. what more could you possibly ask stick with cramer.gs in life that make me smile. spending the day with my niece. i don't use super poligrip for hold, because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well fitting dentures let in food particles. just a few dabs of super poligrip free is clinically proven to seal out more food particles so you're more comfortable and confident while you eat. so it's not about keeping my dentures in, it's about keeping the food particles out. t

you think the stock of united technologies is down just because of the important honeywell bid. no. business announces above the price and trade when honeywell made its offer. that's hot, too. weaker foreign currency is the bane of its existence. same with 3m which gave cautious guidance. do your homework. it gave stretch goals. that's what the ceo does. why can't people just do some work? work's no fun. better to watch ball games. i get that. not what i do. even ford and general motors can be a tepid buy. yellen cited housing as an area to do better. kb homes rallied after the monster announcement last week. especially the amazing west coast holdings. how can they stay independent now that yellen doesn't want to crush housing. i'm so used to hearing the fed wants to cool housing but there is a shortage of new homes rent is out of control. yellen knows it punches above its weight. you have winners, winners and more. the fed chief decided not to behave like a general from vietnam who wants to destroy the village to save it. yellen wants it to prosper. she wants more jobs, higher payi

united technologies, when you have that speculative people in it, you got to expect to sell it a little. 92 if it gets back there. wow. turns outbreaking up is easy to do in wall street as we saw in the case of alegion could be possible. i want you to add alegion to the shop list. much more "mad money" ahead. america spends $39 billion a year on pizza. attempting to shake up the space and doing it. shock cratered after earnings. i'll tell you the most important lesson you can learn from the drop and all your calls, rapid fire in tonight's edition of the lightning round so stick with cramer. the lexus command performance sales event is on. with extraordinary offers on the visionary ls, the generously appointed es and the new, eight-passenger lx. ♪ this is the pursuit of perfection. >>> this is show about stocks. if you want to know where an industry is headed, private c e companies are doing something amazing. here is a company doing for pizza what i think starbucks did for coffee or chipotle did for burr r burrit burritos. they care about making store as fun place to eat and hang out to

united technologies, when you have that speculative people in it, you got to expect to sell it a little. 92 if it gets back there. wow. turns outbreaking up is easy to do in wall street as we saw in the case of alegion could be possible. i want you to add alegion to the shop list. much more "mad money" ahead. america spends $39 billion a year on pizza. attempting to shake up the space and doing it. shock cratered after earnings. i'll tell you the most important lesson you can learn from the drop and all your calls, rapid fire in tonight's edition of the lightning round so stick with cramer. where are you? well the squirrels are back in the attic. mom? your dad won't call an extermininor... can i call you back, mom? he says it's personal this time... if you're a mom, you call at the worst time. it's what you do. if you want to save fifteen percent or more on car insurance, you switch to geico. where are you? it's very loud there. are you taking a zumba class? there's a more enjoyable way to get your fiber. try phillips' fiber good gummies plus energy support. it's a new fiber supplement