Daniel lobe, under terms of the deal, three directors, including daniel director, originally nominated by three point, himself and Michael Wolff submitted their resignations from yahoo s board today. David ouch. National association of realtors says existing home sales fell 1. 2 after two straight months of big increases. This coincided with a rise in interest rates. But prices surged to a fiveyear high, suggesting that the Housing Market recovery remains on track. Liz troubled electronic chain, radioshack, reportedly hiring peter j solomon to raise financing. They are looking for ways to reverse falling sales and repair its image. David oil not going the way of gold. Oil finishing lower in new york trading today, closing below 107 a barrel. Traders focused on the brent premium over and continuing tensions in the middle east. Liz glaxosmithkline says some of its executives may have broken the law in china. Chinese officials, weve been telling you this since last week, accused four of t
He calls it, they pulled a congress. Waiting for goodow, and a lot of others said sticking their heads somewhere else. Its trough. Jim, thanks for coming on. Well see you on the set in pebble. Thank you for having me here. I appreciate it. Thank you for coming. Join us tomorrow. Squawk on the street is next. Good wednesday morning. Welcome to squawk on the street. Im melissa lee, with carl quintanilla, jim cramer and david faber here at the new york Stock Exchange. Take a look at u. S. Futures. We should note the dow is posting its bst january in 17 years. We are looking to go higher on the dow here. Investors are awaiting the house vote this afternoon on postponing the debt ceiling. News in europe, David Cameron vowing a referendum on whether britain remains in the eu. In japan, longest losing streak in two months. China awaits data, thats out tonight. The road map in the u. S. Starts off at the golden arches. U. S. Samestore sales up 9 for mcdonalds, helped by the dollar menu and mcr
A confident retirement. Those dreams have taken a beating lately. But no way were going to let them die. Ameriprise advisors can help keep your dreams alive like they helped millions of others. By listening. Planning. Working one on one. Thats what Ameriprise Financial does. And thats what they can do with you. Thats how ameriprise puts more within reach. Im jim cramer, and welcome to my world. You need to get in the game firms are going to go out of business, and hes nuts theyre nuts they know nothing i always like to say theres a bull market somewhere mad money, you cant afford to miss it. Hey, im cramer welcome to mad money. Welcome to cramerica. Some people want to make friends, im just trying to save you some money. My job is not just to entertain, but im coaching and im teaching, so call me at 1800743cnbc. Now now weve figured it out. Now we know why weve been climbing. Thats how you have to view this Labor Department hiring number that came out this morning. This is terrific. St
Welcome back, everybody. Just a reminder for you. Sunday at 2 00 a. M. , that marks the start of daylight savings time. Spring forward, lose an hour of sleep. So youre going to be even more tired when you come in on monday morning. Happy friday. Lets get back to our guest host. That just depresses me. Leave us with you know what, its been such a good news day and i dont want to screw it up, but is there anything youre worried about at all . Ten seconds here. I think one bad thing about getting bad news, if we keep getting it, people will start to obsess about the end of qe. I think its too early for that. I think its goldilocks right now. The analysts are still too negative. Stocks go higher. Thank you very much for joining us today, alec. Have a wonderful weekend. Join us on monday. Squawk on the street starts right now. 236,000, that is the jobs number for february. The jobless rate, 7. 7 . Thats the lowest since december of 2008. Good morning. Welcome to squawk on the street. Im Car
S p rose 0. 45 . Nasdaqed advanced 0. 38 . But weve been rallying for weeks on end, including five straight days. Taking out the alltime high. I think thats because the market anticipated this newfound job growth. You know i have been adamant that the economy started Getting Better the moment we had some certainty out of washington, and i dont regard the sequester as being major. It was taxes that i worried about. I measure things like housing, the auto sales. I measure shopping, lending. Plus the boom coming from all of our oil and gas. And these have been signaling these kinds of terrific quotes. Of course, the same people who want you to stay in your paycheck chains came out of their multimilliondollar mansions all week to tell you that you cant buy stocks here because the economy is humming to the point where the fed has to stop its bond buying program. Maybe stifle growth, and rates will shoot up when they try to sell all those bonds. These critics dont believe the fed chief ben b