Stocks Drop, Coronavirus Cases Escalate, New Terms for the T-Mobile, Sprint Deal

Published: Feb. 21, 2020, 3:34 p.m.

b'Carl Quintanilla, Jim Cramer and David Faber discuss the quick move in stocks to the downside. The number of new coronavirus cases escalates, fueling worries over a pronounced global economic slowdown.\\xa0Shares of Deere surging after the heavy equipment maker beat estimates on the top and bottom line.\\xa0The company says it sees signs of stabilization in the U.S. farm sector, and that the relaxation of trade tensions is imporving farmer confidence.\\xa0David Faber\\u2019s exclusive reporting on T-Mobile, Sprint, as the operators announced amended terms of their merger agreement. Chewy pops on an upgrade to \\u201coutperform\\u201d from \\u201csector perform\\u201d at RBC.\\nPlus, HP adopts a \\u201cpoison pill\\u201d in its fight to fend off Xerox.'