With eurozone partners. Apple shares poise for a new alltime high. Vehicle integration, watch demand, and lengthy profile on johnny ive in the new Yorkernew Yorker magazine magazine. Starwood, what it means for the companys future. A shortened trading week with the dow above 18000, s p off the record closing high. Futures lower after talks between greece and eurozone finance ministers did collapse. Head of the Ministers Group says greece has until friday to request an extension of the bailout ten days or so jim, until the credit line does go blank. It does feel a lot like the United States and the brinkmanship and we knew there wasnt going to be a deal until after. What i expect will happen the talks will collapse until not the day but a few days after, because theres money found. Remember that . We found a little money . I think the talks are about whos going to blink. I still feel theres going to be a stretchout of debt but you have to hear there were talks, on friday and thursday, we heard plenty of sense there was a deal apparently first offer the greeks wanted to take and then pulled back. Taken away. Well come in every day, and sell bristolmyers on it and midday people buy bristolmyers. Not a formal deadline. Right. They have until this friday, potentially get an extension but bailout goes until the 28th. Thank you. Then early march until you start worrying about running out of money. Bank deposits starting to disappear and thats a concern. Thats what would cause ireland to come to the table im urge people to be this is not like the old days. We saw some car registrations this morning, spain is very strong. We had a series of companies that reported last week. Italy a standout for retail sales. Were not where we are. I think greece can be isolated. Take it with a grain of salt. It not going to be resolved this week and its not going to bring us debt. Threeyear bond in athens 19 . Car sales, up 6. 2 in january. Thats the 17th month of increases. Doing better. Low inflation doing better. Standing by your green chutes. Go over the quarters last week Columbia Sportswear classic Discretionary Income stocks sketch ofs numbers were extraordinary. Cisco said resurgence of spending for digitizing was incredibly strong. Dont be surprised by hearing continued, creative good numbers. Germanys very strong. Even r. I. M. Would you argue theyre getting the tail wendwind most from currencies or oil. I think currencies playing a big role. Domestic spending is up and thats clearly oil. Well keep our eye on that obviously. Best week for tech last week since october back here in the states. Now apple is poised to open at a new alltime high. Working on aan apple branded vehicle. The journal asking suppliers upper to 6 million watches in the First Quarter and a lengthy profile on the new yorker apples design chief revealed he and the retail chief are working on redesign of apple stores 16,000word piece, fascinating look at tim cook trashing google glass. Ive been waiting for erins to make her move. I find the stores, what she did was so exciting and she did a lot of Customer Relations management. You can see what she did if you go to salesforce. Com site. In terms of apple car, piper says its a favoryear initiative. Remember we know steve jobs wanted to solve the problem of the car, there were no plans that he left but i understand its been a dream come true if they could do it. Just in terms of the watch, ive been saying last week my cardiologist very involved with this, ben lewis, for his name. And they cant get the high Blood Pressure thing to work. The journal outlines today, had to go with pulse monitoring. No one can get it. The holy grail a spike in your watch and goes to cardiologist and you go to the hospital. And this is what im told many brilliant people from cal tech stanford, and they cant get it to work yet. But thats the thats what makes it so it goes beyond a watch. But what if youre liking talking to your kids and theyre getting annoying, youve got a couple of teenagers and Blood Pressure goes up have to go to a hospital . Theres a certain spike that does anticipate a heart attack. We all have a different relationship with your kids. True. Ive had that spike. I bet you had. I bet the watch would have sent me exactly. Dads got to go to the hospital. If i had that watch it would be like starbucks your third place, overlook hospital would have been third place. You mentioned piper note today. They think cars five years out. Yeah. But stand by overweight price target 160, right . That is largely going to be about the distribution in april . That would be the market multiple and they get that up. I still believe that the reason why you own it is its an undervalued stock. People dismissed the watch initially, which is a mistake. Obviously i wanted the Blood Pressure thing, heard that wasnt going to work. It gets up to market multiple people can say the reason why nasdaq hit x as opposed to the way it did in 2000 a lot of stocks getting the pricetoearnings multiple of a clorox or kellogg. Whats interesting, the affinity for all things apple now, contrasted with we mentioned google glass briefly, it comes in the new yorker profile contrasted with i dont want to say gloom they im using the word less than perhaps affinity for google. Is it benefiting within flow of funds kind of thing. Great question. My Charitable Trust owns. Saw a glimmer of hope in the last quarter. One point they said we care about the share price, we care about doing well. You know it like well are you is it really that bad that you have to say that on air . Because there really were a tremendous number of initiatives that just werent making money. Also the selling, has reached a new level. All of it obviously preplanned. And theyre going to have control no matter what. But selling stock. Selling it. Look, first take no money. Hey, costello another reprieve. First the quarter and then guys selling more aggressively. Not positive. The Charitable Trust owns. Did feel good about the Conference Call. When you see that level of Insider Selling its like are they going to be removing themselves . These guys are very rich guys and thats what they do. Steve jobs did not do that. Jobs did not have different classes of stock did not have hard control. Good point. Which they do. But this is google is and will be forever. I mean look google look at office when you look at any company thats about to merge go to the ftc and say google can come in and wreck us orbitz deal a good example. Google hasnt wrecked anybody, part of the problem. Weve been all waiting for do toll wreck tv. Waiting for google to wreck the networks travel. It hasnt wrecked anything. If the idea is theyre going to wreck something, the stock will go higher. Right now they seem to be the last the google glass shelved in the Conference Call a throwaway. Come on, guys. You know get some religion. Do you worry apple from s p earnings stand point or stock stand point is shrouding an otherwise weak economy . All of the great metrics if you strip apple out, economy looks nothing like you think it does. I would if the semi conducts are didnt hit a high. Im not concerned. I see 17 Million Units for autos, housing coming back. Housing index hit a new high on friday. I think thats very important. Were seeing bank loan that came out from the st. Louis fed on friday night that were extraordinarily strong. So theres a lot to like. When i had American Electric power on last week the southeast is very very strong. Waste management reported a good number than as part of residential, nonresidential construction. I see a lot to like. I not backing away. Yeartodate nasdaq up three times what the dows done this year. A lot of that is you know who. Done without biotech this time. Biotech stocks running in place. They have. Celgene gave up a lot of the gains in a short amount of time last week on patent concerns. It happens periodically. The shorts run with it for a while. Gilead hurt by the price wars and hep c, regeneron recommended today, regeneron has fewer problems but theyre in a war with amgen. That group has not led us. Its semis. By the way, software hasnt led us. Microsoft a big disappoint. Apple is important. But tesla hasnt. No. Oh bringing that up huh . Funny, i checked into twitter a few times this weekend and its i almost, you know, its like youre in i street fight sometimes. I want to come to your aid but i cant figure out how to get involved. Those guys cam with a gun and i came with Chemical Nuclear weapons the gun thing, a knife im have tactical nukes and things people havent seen and havent been tested. Active over the weekend. I was active. They come to us cramer blocked me can you help . My instinct get in there as it would be, of course but glad youre handling it. I have a good time on twitter. You dont need help. Guys that dont like it . You know what sorry . Bother someone else. Like jackie chan. Ten guise coming around. More like chuck. But ill go for that. No. Jackie chan so cool. Can run up walls. Bruce lee. For 60 years old, i can do the chan if i have to. When we come back tale of two Companies Making changes at top. Later, ben and jerrys cofounder ben cohen, a message for washington and wall street. Stick around to hear that. One more look at futures. S p on track for the best month since october 2011. The dow, 84 points shy of intraday high. Back in a minute. Daughter do you and mom still have money with that broker . Dad yeah, 20 something years now. Thinking about what you want to do with your money . Daughter looking at options. What do you guys pay in fees . Dad i dont know exactly. Daughter if youre not happy do they have to pay you back . Dad it doesnt really work that way. Daughter you sure . Vo are you asking enough questions about the way your wealth is managed . Wealth management at charles schwab. Theres confidence. Then theres trusting your vehicle maintenance to ford service confidence. Our expertise, technology, and high quality parts mean your peace of mind. Now you can get the works, a multipoint inspection with a Synthetic Blend Oil change tire rotation, Brake Inspection and more. 29. 95 or less. Changes in the top of two companies, starwood announcing ceo fritz redesigned by mutual agreement. Adam aron named interim ceo, former ceo of vail resorts and norwegian cruise line. Steven newman stepping down replaced by the companys chairman. The oil Services Firm slashing its dividend by 80 , amid sliding crude prices. A lot of impairments, jim. Theyre always a mover, not always because of management though. One of the reasons rig is trading up people felt they wanted to preserve the capital structure and starting to lose money, obviously, big rollover. Rigs are the oldest in the group. One of the reasons also that its not going down a lot, pete millers the chairman and pete miller has tremendous credibility, being lent to transocean. Deutsche note which has more downside is true if you think oils not done going down. Contracts are rolling over. Twoyear problem here. Youve got to be cautious. On Fritz Van Paaschen, fritz gave in and did the starwood like. Being the ceo of starwood. And adam aron i think, not going to be a i think a takecharge interim ceo. Great job at vail really great job. Hes been working at the sixers, the sixers i think are an Exciting Team but dont show it on the record yet. Ive always liked adam. Both guys frequent guests of the shows. I think that star wars starwood star wars comes out this year starwood too slow to keep up with windham and marriott. What i heard from somebody close to the board, frustration in terms of the faith in mr. Van passionens ability to execute, they were late to do things. Yes. Late to the spinoff. But got to it last weekend, benefited the stock. Late to the buyback. And most importantly, not gaining scale at the same rate as peers. Bingo. When youre managing properties for a fee, not owning the underlying property theyre not adding room quickly enough. Why does interim ceo execute better than a former ceo . I think interim ceos there to say dont fall behind youre going to fall behind in 2015. Really push this company. Youve done it before. Aron is not the kind of guy who could take interim he may become permanent ceo. Right. That will be five or six month before we know. I think hes going to blow the numbers out in 2015. Really. Put up a lot of hotels. Ive got to tell you, steve holmes at windham has done a remarkable job. Marriott. These companies are taking advantage of the fact not a lot of new hotels built, its been greenfield for them to run. Fritz has fought it. Fritz is intellectual in a business where people want operators. He did some innovative management things took his team on the road for 30 days. Live in china a while. Hes also a charming guy. Not saying that charm doesnt work. Im saying they why did he take so long to split the company . Kept getting pushed gave special dividend they were terrific but not what the rest of the shareholders wanted. He had seven years. In this environment seven years is a long time if youre not performing at top of the game. Better start looking over your shoulder. Change here in early 15 gives mr. Arnon to effect the numbers at the top line. This is more International Company and peers are benefiting nose focused on north america, because they are getting hit internationally by the dollar as we know. Its not the greatest time to have more of your mix, if you will, international than competitors. His decision to go internationally. A globetrotter. I mean you know it will be good. I think adam aron is a very bright man. One of the pioneers of hospitality hospitality, going back to pan am. A philadelphia philadelphias a small city. If youre involved in philadelphia, you know him. And what you know about him is that hes not going to sit back and say, im going to spend all of my time finding a guy. Hes going to put up hotels make moves, a lot out of starwood. Starwoods a good place to be. Stocks go up for a reason. They go up because people say, this companys going to be much more aggressive, fritz was i think dragged kicking and screaming into hotel life. And adam is a guy that hits your start. A good guy. Fun to watch. Cramers mad dash as we count down to the opening bell. A look at premarket on tuesday after a long weekend. More squawk on the street from the nyse straight ahead. Ameriprise asked people a simple question in retirement, will you have enough money to live life on your terms . I sure hope so. With healthcare costs, who knows. Umm. Everyone has retirement questions. So ameriprise created the exclusive confident retirement approach. Now you and your ameripise advisor. Can get the real answers you need. Start building your confident retirement today. Say youre a finance guy. A farmer. A researcher. You used to depend on experience. The internet. Your gut. Today you can use ibm watson analytics. It can make sense of all kinds of data. Uncover hidden correlations and new opportunities. And give recommendations with more confidence on who will buy. What to make. Where to plant. Which helps you make smarter decisions. Theres a new way to work and its made with ibm. Let it go let it go raising numbers, disney, on frozen. Lets get to retail this morning. What do you want to talk. Barclays downgrade they initiate nordstrom with a sell. They have macys as sell. Saying that nordstrom has to spend too much on omni channel, it looks like its peaked out. They report thursday. So, a lot of people are saying this is a great domestic way to play things. Terry lundgren macys may not like blue mercury but the stocks not expensive. One to watch. Be careful selling nordstrom because longer term a great plan of action new york city doing a slow rollout canada do have a good omni channel. I think the idea of blowing out a nordstrom mid screen is not a good one. What aboutplace . Macys doesnt have the growth that nordstrom has. Its not a good thing to bet against terry lundgren. No. Nordstrom watch out. People are going to presume they know something thursday. They have been spending billions and the stock has done quite well. They did blowout the quarter a couple of times. And i dont expect a blowout this time but would not get rid of this. Too good a retail. Fits my domestic consumption story. Right. Where else do we want to go here on mad dash . People continually impressed by everything that goes into an auto genuine parts reported good noom number Goodyear Tire reported a good number. This is a very tough industry, a lot of people accused many Different Countries of dumping tires. If your business is strong because autos are strong, goodyear goes higher. I think goodyear inexpensive stock. Its not my favorite. At any given moment the Chinese Communist party can say lets destroy them and takes a while for the u. S. To figure out what theyre doing. If you talk to monroe theyd tell you that. Goodyears good for a bounce. What happened with the cooper tire deal . People are highly leveraged deal. Look anything involved with auto, whether genuine parts, goodyear, everythings dragged up by the fact were making 17 million automobiles and its a sucker play to bet against the autos 2015. Keep an eye on autos and other stocks. Opening bell on this tuesday. First trading day of the week just a few minutes from now. Stay with us. Squawk on the street. What does it mean to have an unlimited Mileage Warranty on a certified preowned mercedesbenz . What does it mean to drive as far as you want. For up to three years. And be covered . It means your odometer. Is there to record. The memories. During the mercedesbenz certified preowned sales event now through march 2nd, youll get complimentary prepaid maintenance and receive your first two months payments on us. Only at your authorized mercedesbenz dealer. Youre watching cnbc squawk on the street, live from the Financial Capital of the world. Opening bell in over two minutes or so. Busy week ahead. Well cram a lot into four short trading sessions. We get inflation data, earnings from the like of marriott and walmart. A lot going on not to mention whats