What's On: A Tough Winter's Winning and Losing Stocks
Here's what's up on Wednesday's Squawk on the Street:
--We'll go beyond the snow. We're talking about what this rough winter means for stocks like Columbia, Dick's, Timberland, Hershey and Berkshire Hathaway.
Columbia and Timberland make outdoor winter weather gear. Dick's sells it, and ski equipment. Hershey for hot chocolate and Berkshire Hathaway owns Fruit of the Loom which makes long underwear.
--Also the airline stocks. Where do they stand in this winter mess? On our list, Continental and American Airlines.
--And today's Street Poll: States from coast to coast are grappling with a loss in their tax base. Services are being cut. Late Tuesday night, Illinois lawmakers passed a bill to increase taxes by 66 percent in order to close what could become a $15 billion budget gap.
As another round of snow strikes many city leaders complain they have less resources than they once did to clear the roads because of budget shortfalls.
This morning we want to know if you would be willing to pay higher taxes for better services when there are major storms? Share your opinion, and watch Squawk on the Street, live from the New York Stock Exchange, 9am.