Down by 11. We have a couple of stories were watching this morning. Earnings central today. Quarterly results before the bell from dow component ge and honey well. Also Economic Data is going to be front and center because at 8 30 eastern time well get the Consumer Price index and then at 10 00 we get consumer sentiment. Also the Spring Meeting of the imf and world bank taking place in washington. Among the headlines greeces finance minister is promising to compromise in loan talks but also pushing back against some of the reforms. Greeces borrowing costs soared this week amid growing fears of a debt default. You were watching some of the bond yields for greek bonds. They skyrocket to the highest level in ten months. The yield. The price has dropped. I was focussing on my you werent listening. I was focussing on hitting this out of the park with the stocks to watch. Lets hear it. Batter up. I have often thought about that pause some people have aspirations. They can go to general news morning shows, things like that you need to pretend youre excited about like a recipe or something tasting have you ever seen how carl is able to make something he does so good. Wait a second when weve had, lets say mexican food in here. I dont have to fake the mexican food. Or alcohol. I love alcohol. Are you suggesting that youre faking stocks to watch. Im suggesting there are times when youre enthusiasm for stocks to watch. No i dont try to fake it. That would be you. Anyway, a mixed quarter for American Express earnings beat but revenues were short. Results were hurt by a stronger dollar and the loss of several cobranded tie ups. Mattel shares the company is struggling as barbie revenues drop. Sales of barbie dolls fell 5 in the most recent period while shares of fisher price preschool toys rose 3 . Shares of amd under pressure. See i have to look at the market cap here. 2 billion under pressure. The chip maker posted a bigger than expected loss. Its a 2 stock now. Its Current Quarter guidance for revenue is weak. Schlumberger said it would slash another 11,000 jobs and this is one of the things with Lower Oil Prices, the benefit of lower gasoline prices sometimes offset by what were seeing in the employment arena. The most interesting thing said yesterday i dont know check out the corporate i heard him say that. Check out what . Doing a big thing on the Corporate Board room that they need to wake up or something. I remember you said something about that. But we booked him for that today. No, i like what he said. He said if youve got somebody that comes along and owns 2 of the stock. The board should have we dont use stones we stieded. To have the stones to do it. But to see a guy who i would have thought would start to worry for so long hes more worried. Hes more worried about what a rise would mean for the dollar. He thinks we would lose jobs in manufacturing if we let the dollar get much stronger. You see johns story today. I saw that. Its gone. Who is his mole . He has more than one mole. He does . People familiar with the situation. He is pretty well connected too. Yeah. Those guys sort of he goes and i think, yeah exactly. The two of them are sort of in competition. We were just talking about it. Let me tell you about how exciting some of this news is on whats out there. Its been a big week for ipos. Three stocks getting off to a strong start in their debuts yesterday. Etsy shares doubled after pricing at the high end of its expected range. Party city stock closed 22 higher in the first day and shares of High Frequency trading firm rose 17 . The Company Posted an ipo a year ago amid controversy over michael lewiss book. Wow. I just want to give [ applause ] oh stop. Im not picking on anybody in particular. Its just how they told us we should be doing things. Youre supposed to make love to the camera they say. You would never fake it would you . Never. You know me too well. I do know you too well. Here we go. Here we go. Wow, that never happens. Anyway. The big corporate story. Cant come up with anything. No. The big corporate buzz story of the morning a company allowing a new pay tv plan today. It allows customers to choose channels they want. They start with 36 fixed basic channels and then pick genere based packs such as sports or kids channels. Broadband service, the basic channels and two added packs for 65 a month. Additional packs cost 10 east. Everything costs the same. 10 for sports. 10 for kids and you would think some would cost more. I would have thought sports would cost more. Right. This is easing themselves into it. Netflix the guy said something too that linear tv will be totally nonexistent. Whatever linear is. I figured it out. In 20 years it will be totally nonexistent. It will be different than what we think and we dont want to exaggerate until we know more. Yeah maybe do want that. I was like which one will i get rid of . Wait a second this doesnt have wait a second. Sooner or later youre pack up to what you have anyway. But the single guy is not going to take the kids back. Right. You can actually see where some people it could actually add incrementally people that didnt have the whole thing. Im just going to get this. Theres people that still tell me what channel is that . Oh, i dont have cable. Thats why i dont know who you are. Very rare. We should also tell you dont want to miss the president of verizon wire lines on squawk on the street at 9 45 eastern time this morning. Bad news from any traders around the world this morning because bloombergs trading term anonymous experienced an outage. Some customers began reporting the terminal was back online. Bloomberg looking into the cause of that outage and give bloomberg credit because that terminal traditionally stays out 99. 99 of the time. So this wasnt the network itself. Unclear. The tv. No, were talking about the terminal. People would have to notice. Anyway. Look at how uncomfortable you get. I am very uncomfortable. Ignoring you. I was trying to be nice by saying they keep their terminals up all the time. Take a shot. Lets check on the markets. Check on the markets this morning. Well take a quick look. Because if they wouldnt be watching us if they know about that anyway right . Correct. They cant hear we said that. Tree falls in the forest. Yeah. Unfortunately we have a few trees. Down 72 points on the dow. S p when it was all said and done not a lot happened. We are fixated on what the fed is going to do. Now its based on cpi. We look at the unemployment side and inflation side. We dont want too much inflation because we dont want the fed to raise rates. Is that what the point sat this point . Right. Yeah. Were, i think traders are starting to get happy about june. Its really a point. A quick look at europe. Germany fairing the worst. As you can see asia it is friday. Theres a japan market down and shanghai up the most. Look at oil which has had a big run now what im seeing is they expect it to head back down when we see it. So now the consensus is that you know i dont know the fun was over. It was a gain of 6 two days ago. Maybe its not. Who knows. The best minds of the world supposedly cant figure that out. The ten year note now at 1. 86. The best minds in the world have been wrong on that for five years. Where that was headed. 108. I like 102 for the next objective. Thats a big move. That is a big move. We were just at 105. But if you continue to see more of the talk with the fed rate hike off do you see thats the same thing. And goal take a quick look at the precious metal. It is at 12 04. Big build up. Big build up. Earnings season heading into full swing of the S P Companies that reported First Quarter earnings so far, 25 Beat Estimates and only one missed. Thats an 83 beat rate. Joining us to tell us what to expect for the rest of the season is lindsey bell. Thank you for being here. Thank you for having me. So the good news is most companies are beating expectations but thats because ex expectations have been lowered so drastically. Thats right. Earnings are supposed to decline 3. 3 in the First Quarter but analysts got comfortable with the negative 3. 1 to 3. 3 decline early in february and its stayed there. Last quarter we saw the numbers keep coming down. The difference is there was a dramatic cut from early on. And this was really people getting their heads arnound the idea that oil had fallen so drastically and the dollar has risen so sharply at the same time. Those moves were completed. And since early february oil has been pretty erratic up and down. Its interesting that numbers did stabilize. Its just they were cut so much. It was interesting we saw schlumberger last night. It was 5 of their revenues got hurt so those numbers might be a little bit too low. So well watch those closely Going Forward. What do you think happens with this quarter and the guidance were giving to this point . I think management teams Going Forward are going to be conservative but the First Quarter is not that great. Muscles home sales werent that great. Industrial production still weak. The Consumer Confidence number is going to be very important to watch today. Theyre not really spending. Retail sales havent been that great. First wart isnt going to be a great quarter. People know at a but they are looking forward to the latter part of the year for the consumer to rebound and benefit from the Lower Oil Prices to start spending money. Until we actually see that though i think its going to be hard for Corporate Management teams to get confident about the Second Quarter and the second half of the year. Lets talk about the sectors. Energy is the area thats going to get hit hard. Thats been expected. When you talk about the financials some of the banks numbers look good. We have been and management teams have been positive about the direction of the business and the economy. Theyre learning to operate in this low Interest Rate environment and of course the investment banks are firing on all cylinders. Trading revenue is strong driven by currency volatility in the First Quarter but Investment Banking active has been very strong. Were seeing early indications that has continued. That should drive investment banks but well need the consumer to turn around and investors within the Banking Sector theyre okay with where estimates are either now pause as you mentioned you were talking all morning about the fed pushing back the raising of Interest Rates and learning to period operate in that environment and investors are are betting on the latter half of this year. Those Interest Rates start to increase and nobody is really expecting a home run on the revenue side as you look at revenue estimates for 2015 for the Banking Sector its 0. 6 . Thats pretty weak. Right. Lindsey, thank you for coming in today. No problem. Thanks for having me. Coming up what disney ceo thinks of the new star wars trailer. Bet he loves it. How important the franchise is to his companys future. First as we head to you know he has a name. Fantastic. No grey hair on him. Grey hair. You can you know we head to break. Look at this. You can call me shallow. But, i have a wandering eye. I mean, come on. National gives me the control to choose any car in the aisle i want. I could choose you. Or i could choose her if i like her more. And i do. Oh, the silent treatment. Real mature. So you wanna get out of here . Go national. Go like a pro. Drivers, to your marks. Go its chaos out there. But the mclass sees in your blind spot. Pulls you back into your lane. Even brakes all by itself. Its almost like it couldnt crash. Even if it tried. The 2015 mclass. See your authorized dealer for exceptional offers through mercedesbenz financial services. Without this revenue, how much more would american households have paid in taxes. 1,150 more. Disney has fans and investors excited after the release of the latest trailer. Check this out. Wait for it. Wait for it. Dont take this away yet because the exciting part comes at the end, when guess who is back. Well just talk over this until you see. Chewy, were home. Yea. Thats what were excited about. This is the first time we see Harrison Ford as hans solo. The force awakens had the stock moving higher after its release yesterday afternoon. No predictions on how big this will be. We know that star wars films did incredibly well but there hasnt been a film out since 2005 actually. The movie going audience in the world is much larger than it ever was. Theres markets today nonexistent before in terms of movie going. China being a great example of that. Were fairly confident this film is going to do well but way too soon to make predictions and we will not make any in public. Yeah for indiana solo. And what we can say is theres also companies trying to grasp this excitement about this already. All Nippon Airways will be wrapping its new 787 dream liner as r2d2. How is he feeling by the way . This is before. The film is before he had the accident. He got hurt on the filming of this. A broken bone or something. Does he have feeling . He does. Youve seen him fight with joda. How many lines can you pull from these movies . Why could c3po talk to clearly . Hes also an sbreptdinterpreter. We get Software Upgrades all the time. That was part of the beauty. He could communicate without speaking the hang waj. Right. You knew when he was fighting. It may be his chip set, they couldnt upgrade him. Its a good idea for companies to jump on and take advantage of this because you have the fans into this. So we did not have chairs yesterday and i actually had my attention called to a big article in the post. Do you remember how carson used to call him that can i start doing that . Yeah you can. Anyway he pointed out to me nicely that we missed the huge story yesterday. So check it out. Bull riding. Actual bull riding. You know about how much now live sports are. Maybe people dont immediately think of the pbr. Do you know thats professional bull riders circuit. And wme used to be the endeavor but after his death they own img and the latest acquisition is of the pbr which had been a private equity firm. More than 3 Million People attended last year. Theres more than 300 events and broadcasts. It goes all the way to australia, brazil canada and mexico. Have you ever been to a rodeo . I have. I have. Im going to say that i have because i use the expression this isnt my first rodeo. So i would be lying if it wasnt where did you go to scarsdale. In dallas texas. Ive been to actually two or three rodeos. I think i was at one in argentina. One time i caught the goat and they pulled a string around his neck and let the kids chase him and i caught it and i won 50. Have you ever been to a bullfight . Ive never been to a bullfight. Id like to go with a bullfight. I might like to run with the bulls. You have children. You cant run to the bulls. Once they go to college. Youll be a little slow. The bull riding thing. Its only about 8 seconds. Youre familiar with that length of time right. How long it takes to run from one side yeah i know. Whats wrong with you. I dont know. Anyway its scary these things. How is it they dont get trampled when they fall off . Often times it does happen by the way. They have clowns to disstrakt the distract the bulls. Its upwards of 100 million supposedly. The value of Live Programming you dont necessarily think and he doesnt seem like the guy interested in bull riding. They also own the Investment Private he equity that owns the mm stuff. Mixed martial arts. Started with the wm and went with the e. Doing a lot of stuff. When we come back well talk about General Electric. Theyre set to post Quarterly Results within minutes. Maybe even 8 seconds. Well bring you the numbers and instant analysis next. First a look at yesterdays s p 500 winners and losers. The real question that needs to be asked is what is it that we can do that is impactful . What the cloud enables is computing to empower cancer researchers. It used to take two weeks to sequence and analyze a genome; with the microsoft cloud we can analyze 100 per day. Whatever i can do to help compute a cure for cancer, thats what id like to do. Man you run a business. Could be any kind of business. And every day youve got important decisions to make, like hiring. 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