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management is finally listening. we published a report three years ago saying what if interest rates don t rise? well, interest rates didn t rise. they are in a tougher position than they were then. today is the day comerica moves from plan a to plan b. they said they have a sense of urgency to restructure. all options are on the table. they would consider strategic alternatives at least seven times during the annual meeting. so the number of times they said that convinces you? they have already said that everything is on the table. well, you had not only the ceo saying that but the director was also stressing that. they also said once they review what the consultant is completed they will especially look at the potential for strategic alternatives. let me remind you what we have said here. we said comerica either, one, needs better returns. two, they need to restructure. three, they need to sell the region. four, sell the bank. or five, change management. the stock is to
New-yorkUnited-statesDohaAd-daw-ahQatarJapanGermanyChinaBostonMassachusettsCharles-riverCalifornia friday. it went above 2.2. can you imagine that? there we stay above 2.2. let s get to our road map this morning and it starts with those markets, six years into the bull market. the dow coming off one of the worst trading days it s had in over a month. will the weakness continue? and watch out for apple, as we spring forward, apple expected to unveil the latest details of its watch in san francisco. plus, gm says it s time for a buyback. shares are up in the pre-market as the auto maker announces a $5 billion share buyback, which does avert that proxy fight that might have been in the offing with harry wilson. but first some other news. a hostile bid, or at least a bear hug. let s call it a hostile bid from simon propertyies group for macerich announced by simon property group which has tried to get macerich another large shopping mall operator in the country, with primary parts of its property. it has tried to engage it in a potential deal discussion for some time. makes th
New-yorkUnited-statesAustraliaGermanyChinaCaliforniaVirginiaRussiaSan-franciscoUnited-kingdomArizonaTennessee he calls it, they pulled a congress. waiting for goodow, and a lot of others said sticking their heads somewhere else. it s trough. jim, thanks for coming on. we ll 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. i m 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, that s out tonight. the road map in the u.s. starts off at the golden arches. u.s. same-store sales up 9% for mcdonald s, helped
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