>> that's like wwe in there. final trade. >> i like it. i think it is going higher. >> long j.c. penney. >> texas capital bank shares. >> u.s. steel. >> power starts now. "halftime" is over. "power lunch" starts now. what a sporty dow jones we have at this hour. the dow as you see up about 170 points at 16,831. this after another big development in the deal space. dollar general now coming in as many expected into the bidding for family dollar. will this mega deal environment be the tide that lifts all boats? one firm making four big calls on four big cap names. should you follow along? we will go through them one at a

time. the next wave of diet drugs? cnbc is on that story. a story that impacts investors and patients alike. first, though, sarah is in for sue. >> good to see you. bullish start for stocks to the week. you mentioned the dow. how about the s&p up 0.8% and the nasdaq up after hitting a 13-year high. leading the charts, the russell. the transports are in the lead. you are seeing all sorts of new 52-week highs for the transport stocks. watch in brant crude oil. you see in the treasury market. treasury selling off. yields a bit higher. seema mody is down at the nasdaq. mary, you are up first.

>> interesting day today. the ukraine tensions ease, tensions in iraq ease. good economic data. all of this combining for a nice monday rally on what has been relatively light volume although volume picked up since the beginning of the morning. we are going to do around 3 million shares. the s&p broke out about 1970. that seemed to bring more into the market. the leaders industrials, financials, tech and consumer discretionary. let's take a look at the industrial leaders because this has been the strong space. you were mentioning that the airlines are doing well. they are part of the reason we are seeing strength in industrials. oil is pulling back and giving a lift to airline stocks. we had better than expected numbers on home builder's

confidence coming in with a reading of 55. you can see the home builders index. and continues that move today. a quick check at some of the stocks in that index that we are watching today. they are all higher in the wake of those numbers. keep in mind we have other housing data out later this week including housing starts. >> lots of anticipation. people are feeling bullish about that, too. >> mary thompson, thanks very much. now to seema mody. >> a 14-year high for the nasdaq trading at the highest level since march of 2000. the out performance in tech and bio tech that is catching the attention of traders. when it comes to tech i spoke to brian marshall who says a lot of it has to do with the change in business trends, a slight increase in enterprise spending plus intel's positive results. others like sam soegal say it is

evaluation that despite the run tech as a sector trading at a discount to its historical price to earnings ratio. a broad based rally for tech, facebook, yahoo, google, apple along others. bio tech a bright spot. earnings for the most part analysts say have come in better than expected. >> those momentum names back in the spot light. now to market blast. >> check out what is happening with tekmira pharmaceuticals. coverage with an outperform raiding. tekmira has one of the experimental drugs to treat the ebola virus. you can see the stock currently up about 11% helped along by the

outbreak. thanks very much. i want to talk more about the markets and merger activities. barry james and peter sorentino. peter, i will start with you since you are in my hometown of cincinnati. we have a bidding war for one of the dollar stores. is all of this activity bullish for the economy and the stock market and a sign that corporate executives are willing to put money to work here? >> we would have to view it as both. the fact that corporations are willing to this late in the cycleble gin to step up and deploy crash i think our economic back drop has to be pretty solid if you are going to see that kind of action. for the market it is a great limiter because any down side will be supported by corporate actions. if you are up against 2.5 on the ten year the only way i think you will outperform is if you can show you can grow revenue and bottom line.

right now the only way to do that without productivity is through the merger and acquisitions. >> just to play devil' advocate the fact that the companies want to do this to spur revenue growth is that such a positive sign? doesn't it speak to the tough economic environment, the fact that it is so hard to get 4% revenue growth? >> that is exactly right. part of the problem that a lot of companies have is that they are not getting the organic growth. they are buying up other companies. this has been good for mid cap companies because that is where most of the buying has been taking place as we see today. we think that what you see in the market is kind of biforicated. you kind of come to a fork in the road. small caps have not been doing well. large and mid caps have been doing well this year. we think as you look at this you try to find the companies that are the good value and have good

earnings and have been going up. those are the ones that might wind up being bought out. >> whether looking for deals or solid companies give us tips or industries where you are looking. >> right now we think there is a real long term play in the energy infrastructure area, the natural gas story. know a lot of people talk about it. anytime we get the market struggling periods in here that is where a lot of activity took place especially last year. we look for more of that to take place on any weakness. we want to get in there and own as much space as we can going further. >> energy higher despite the fact that oil is down. which names are you looking at or which industries are you looking at for consolidation? >> as far as consolidation goes i think there is in the energy area definitely some opportunities. you see folks making tanker cars. maybe not a consolidation but a

baker hues, diversified in that energy area, not dependent as much on the price of it. in the finance area a big company but one we think is really attractive is capital one financial. they have the best rates in terms of interest on checking and savings accounts of any of the folks on the internet. we think that looks pretty positive. >> thanks very much for some of the names talking us through the deals. they call it merger monday for a reason. >> thanks very much. credit swiss issuing a number of bullish notes on big-name stocks today. abigail dolittle is a cnbc contributor. first let's talk about ge. credit suite says steady growth will help the overall profit mix and the target here is 30. i think that stock is what? in the mid 20s now?

that is not a huge move but a 20 something percenter, what do you think? >> tyler, i am absolutely unimpressed by this call. this reinitiation you talk about only 15% up side. the analyst is not enthusiastic. possible shift later this year on events and makes note of the fact that earnings reductions this year have hit the stock and held it side ways over the last year. i expect this to continue. there is strong resistance near 27. maybe the stock makes it back up there but i fully expect resistance to bounce back down. over the long term i think the stock is going to be bearish. i think this is a sidelines for most investors and possibly take profits up here. >> a long time since the stock has been in the 30s. let's move on. >> really been trading side ways. >> expecting home depot and lowes to deliver 3% to 5% same

store sales expected to be helpful to the bottom line. price target for home depot 87 and for lowe's is 55. what do you think of those calls? >> i love these calls. they are bold. i love it when an analyst does his or her work and then sticks their neck out on the line. in this case these companies are reporting this week. we have analystsi coming out wih big bold calls. this analyst really expects the pent up demand will help the numbers. 45% same store sales. i hope they're right. i hope they get this one. from a technical standpoint these stocks have been levitating way high. i think it is a matter of time that they reverse. wait to see what these put up and then potentially invest if there is strength there. i think we could see weakness ahead. >> you like the spirit of the

call. you are with them philosophically. let's move on to sea world. >> i think they can be tough. >> sea world has been a bit fishy lately. outperformed, price target of $23. this stock has been hit hard over controversies as to how they treat some of the captive mammals in their care. >> you know, it is tough to catch a falling knife. it is rarely profitable business. i think this analyst should be applauded for making yet another bold call. very good points made around what could be positive for this company and that there is only upside ahead. i think that when you have a negative sentiment there is just so much uncertainty. from a technical standpoint this stock has been decimated. i think it is tough to want to get involved here. this is another show me story in my view. i think most investors should

wait and see how this one plays out. >> great to see you as always. >> thank you. >> sarah, down to you. a big day for the home builders. you will see green arrows up and down the list. in washington on a day when the national association of home builders reported strong numbers. >> they sure did. home builder confidence surprised to the upside despite slower sales and starts. the national association of home builders sentiment index rose to 55. 50 is the line between positive and negative and this index measures only single family home builders. of the three index components current sales and sales expectations rose two points to 58 and 65 respectively. the component measuring buyer traffic increased three points to 42. builders point to an improvement in jobs and also remind that

builders face a number of challenges including tight credit conditions for borrowers. who is the most optimistic? builders and borrowers like this one. the target is down sizing baby boomers who don't want to sacrifice too much space or luxury from their big suburban homes. >> we are looking for places where you can walk to metro or retail and within those locations we are creating different housing types that are focused on different buying segments. >> the problem is that he admits last summer with so much optimism they may have risen prices too far, too fast and priced some of the customers out of the market. fannie mae downgraded dramatically its outlook. last month their forecast had been for new home sales up 13%. >> thank you very much. google up about 2% in the past week but over the past nine

years and 364 days it is up a heck and a lot more than that. . reporting on the bulls and bears on google one day before the anniversary of google becoming public. >> so many controversies and great stories. this time around remember shares of google are at least the class that we are talking about are currently trading. the price was about 42.19. that's a massive move higher for shareholders. what's the forecast for? the lowest target price that wall street analysts have is $570 per share. weezer has a hold on the stock saying the company is spending a lot of money outside of its core

business as a result and says the business's profile will be lower margin in the future than it is right now and cites industry concerns over privacy and data sharing. meanwhile the highest priced target on the street is $750 a share over at fbn securities raising target price after google reported earnings in july saying google's site click growth is strong and credits strong international growth for the company overall. if you look at the overall picture analysts are bullish on the stock. the average target price per share is $670 a share. if you look at that, that is a potential 13.5 upside percentage wise from where they are right now. a day from google's ten-year anniversary and all of a sudden you have a stock that a lot of analysts have a love affair with even though not all of them

agree. >> potentially not too late. thanks very much. obesity has been potential for drug makers but so far the money hasn't panned out. why the big potential is not leading to the upside in sales. >> that's right. that is more than 79 million u.s. adults who are obese according to the centers for disease control and prevention and two new medicines hit the market in 2012. they were the first in 13 years. there is a third now under review at the fda. even though there is a large market it has been an uphill battle for obesity drugs. >> despite the fact that we have had no obesity drugs for many years or new ones and there is an unmet medical need physicians have been somewhat cautious to adopt the new drugs primarily because they have had negative experiences in the past with either lack of efficacy or safety concerns. >> but it is more than just

doctor's reluctance. the drug makers were initially working with small sales forces and issues with insurance companies reimbursing and a bigger problem. in some ways there is a bias against treating with medicines. partners big fapharmaceuticals have stayed away from some. a fourth player is on the scene. like other companies in the space its market cap is small, less than $500 million. we will be talking with tom hues about why it is taking little companies to tackle a big problem. thank you very much. a heist out of the movies, a saudi prince is targeted. an amazing story next. back to business school. what some of the most popular professors and deans in the usa will be teaching their business

students this year. and phil lebeaux is here. >> 32 minutes. >> better than my commute. mine is at least an hour. we agree traffic is terrible in many of the country's biggest cities. that is next on "power lunch." we want you to weigh in. what needs to be done to make it better. more power lunch in two minutes. e financial noise

financial noise financial noise financial noise

welcome back to "power lunch." easing tensions in ukraine and russia and now leading the way higher big names like united technologies, also nike, visa, boeing and goldman sachs, all of those gainers and as the high priced stocks they have a bigger impact on the way the dow trades. >> a lot of green today. an unbelievable robbery on the streets of paris. one french network made this animation. the target was a convoy of saudis. prince was in one of the cars. several heavily armed gun men pulled over the last car in the con voy 9:00 p.m. and stole a suitcase full of cash and diplomatic documents and made out with about 250,000 euros without firing a shot.

france has seen several of these robberies and amazingly no arrest. >> that is a brazen attack. brutal reality for so many of us. traffic congestion day in and day out with no end in sight whether the east or the west or where phil lives in chicago, will traffic congestion as we know it ever be a thing of the past? in honor of cnbc's 25th anniversary we look ahead 25 years to what we might have in store in terms of reducing the hassle. >> it is going to get worse. i will cut to the chase. between now and 2035 another 10 million vehicles will be added in the united states. that means you will have about 250 million vehicles, a quarter billion vehicles on the road in the united states by 2035. already americans are wasting an

estimated 6 billion hours a year -- >> that is just cnbc employees. >> i wish. it is only going to get worse. when we have talked to people about this they say as bad as it is there are perhaps a few things that might make it a little bit better. >> reporter: sick of waiting in traffic? join the club. >> this city is a mess. >> sitting in traffic is definitely the worse part of the commute. >> it is often 75 minutes of misery. >> 25 years from now it will be even worse. >> i think in 2039 there will be much more congestion. there will be more and more people moving towards the cities. urbanization will increase and we have to find new ways of dealing with mobility issue within those emerging and bigger, becoming bigger cities. >> reporter: a transportation consultant. by 2039 he thinks self-driven vehicles like the google car

will be common in cities because those cars will be connected to other cars and parking garages. they will drop you off and then go park or recharge themselves. that will free up space since 30% of the traffic in cities comes from people looking for parking. meanwhile, by 2039 car share programs like zip car or relay rides will become more popular with members who don't want the hassle of owning a car. >> membership will be from just over a million today to probably three to four times that. that means less cars on the road as these car share vehicles will be able to be shared between up to ten individuals. it will take a lot of cars off the road that would have made traffic worse. >> while the hyperloop is a cool vision from tesla ceo few expect the transport tube to become reality. many believe the reality will be

a more extreme version of what we see today. you will notice i didn't talk a lot about rail lines and bus lines because mass transit, the desire to spend billions of dollars on big projects is just not there with the exception maybe in california. >> or to spend billions of dollars to widen and improve arterial highways. you are not going to get rid of the traffic jams. >> we will go to a vote here. go to cnbc.com/vote. what is the best way to ease traffic in the usa? sarah is going to join us. do you live in manhattan? i assume you take public transportation a lot? >> i do. it is not as much of a problem. i think it is a fascinating topic. i saw ted talk once from a guy in stockham who said you just have to raise tolls by a small

amount. it seems like a very efficient way to disincentivise people to go at the same time. he said it cut traffic by 20%. >> double edged sword. places that have put a tax in place where you stay out of the city center or not drive during certain hours has an immediate impact but over time people build it into their budgets. >> to your point, they did jack it up a lot at the lincoln tunnel at peak hours. i have to say i think the traffic has lessened because people are using public transportation or finding another way in. >> what are the tolls now? >> like $16 at the bridge. >> the self-driven car is going to be the break through that will help a lot.

when i talked to the people -- >> you trust them? >> i will, yeah. >> you think you are a better driver than a computer? >> i trust them. phil knows that. >> you are nuts to think you are a better driver than a computer. i guarantee that. a million times it will make a quicker decision. >> i do agree. you haven't seen me behind the wheel. >> i see a driverless car coming at me. >> did you see the vote? it said more public transportation. it is just not happening. there is not the appetite to spend billions of dollars building more rail lines or adding bus lines. i know people are going to say that is not the most efficient way of spending dollars but nobody wants to pay the taxes. >> get over it if your thought is more public transportation. >> thank you. the voting has closed. what's next?

>> what's next is we are going to talk about business school. the pay off is huge. prestigious jobs, fat paychecks. next we go inside the nation's most elite and including the likes of charles schaub and ebay ceo john donahoe among others. over 20 million kids everyday in our country

lack access to healthy food. for the first time american kids are slated to live a shorter life span than their parents. it's a problem that we can turn around and change. revolution foods is a company we started to provide access to healthy, affordable, kid-inspired, chef-crafted food.

we looked at what are the aspects of food that will help set up kids for success? making sure foods are made with high quality ingredients and prepared fresh everyday. our collaboration with citi has helped us really accelerate the expansion of our business in terms of how many communities we can serve. working with citi has also helped to fuel our innovation process and the speed at which we can bring new products into the grocery stores. we are employing 1,000 people across 27 urban areas and today, serve over 1 million meals a week. until every kid has built those life-long eating habits, we'll keep working.

welcome back to "power lunch." the s&p near session highs. we have dollar general and family dollar followed by nucor, good year tire. >> thank you very much. if you want to learn what makes silicon valley look no further than stanford's school of business ranked number one as the most exclusive mba program in the nation. it is a feeder, of course, to tech giants like apple and google in part due to proximity and because of an innovative curriculum with a focus on entrepreneurship and startups. we will look at what professors will teach students in the semester ahead.

the senior associate dean at the business school. what is different today at stanford in terms of what you're teaching, how you are teaching it, what students want than 15 years ago. >> so i think some of the areas students are interested in are big data. big data and applications to health care, marketing, supply chain management, also looking at areas like understanding yourself, how do you interact with people? also areas like monetization, setting up companies and how to manage and motivate people. >> finish your thought, please. >> as a school we are sort of associated with entrepreneurship and some of our most popular courses tend to be in that space. >> that was going to be my

followup question. i think 15 years ago it seemed as though many business school students wanted to go into investment banking or consulting before that. i would think that the stream in entrepreneurship has been a real growth area. >> it has been huge. so last year 18% of our students started a company right out of graduate school. so they started a company right out and the proportion of our students who go to work for tech companies is much higher than the proportion who go to work in, say, finance. that has been a huge shift. >> how do you answer some people in the tech business who say we would much rather have a math graduate than a business school graduate. has, in effect, the value of an mba been eclipsed a little bit

by the truly massive growth in math? >> i would say not at all. i would say those are complimentary skills. what we emphasize is multi discipline learning. we think if you are an engineer learning business skills make you a better project manager. you come here not just to learn business skills but how to understand technology and work with engineers and how to manage technology. that is the key to a successful business manager. >> you must feed a lot of tech companies out in silicon valley. some of those tech companies doing very, very well. others have had stumbles. i am thinking of yahoo which seems to have a hard time defining itself and determining the niche. cisco announcing it will lay off 6,000 people. when a student asks about those or other companies that have had stumbles, what do you tell them? >> so we tell students we don't

try to guide students into where they should work. we give them information and let them choose what is right for them. innovation isn't just about starting a company but working at an existing company. and so what we teach our students is really innovative thinking no matter what type of organization they work for. >> quick final thought here. are many more applicants and students choosing alternative ways to get an mba or other programs that aren't full time programs? >> we haven't really seen any effect of that. keep in mind the number like $16,000 is not really the true price students pay. we give generous amounts of financial aid. so over half of our students get over 50% reduction in what they pay. so i think it is the highest of

any school. >> that is a crucial point to remember that that 59,000 is the sticker price. stanford graduate school of business. thanks very much. tomorrow we will hear from columbia university and notre dame's mendoza college of business and will tell us what is on the agenda for their students this fall plus their take on the economy and teaching. that is tomorrow at roughly 1:20 p.m. eastern here on cnbc's "power lunch." gold prices are closing as we speak. gold is up. as you can see lower right now. palladium futures under pressure. to the bond market now. rick santelli tracking the

action. >> whether tensions are easier are not, that is the story of the geopolitical crowd. if you just look at two-day charts, something interesting pops up. look at the two-day chart of tens. we pretty much took out the drop in yields that occurred. we put a name for the nervousness on it. trading and speculation runs high. look at the two day. same basic scenario. back over 1%. back to the ten. you can clearly see that the boundary for bull and bear, high rates and low rates is a yield close above 245. that is what you want to watch for. on foreign exchange a big day. the euro which was up on friday is down today and it may challenge a new low close going back to september of 2013. we want to pay close attention there. >> european manufacturing data

coming later in the week. >> it is a big day for the bulls. if you are playing the etf market you are pretty much in the green. iwb, the small caps, transports which are the best performing sector. on the big board you see the ten sectors. the s&p a whole lot of green on the screen. we will dive into the rally, what is driving it.

welcome back. one of the leading groups in today's trade is the airlines moving higher as oil prices hit six-month lows. american, southwest, jet blue flying high. the majors and more middle of the road ones doing well in today's trade. a nice day for the airlines. >> thanks very much. let's get a check on the broader trading action. buyers are out. >> up and away. we came in at a strong gains in asia and continued from europe as the geopolitical tensions eased. we have been talking about this a little bit today breaking through a resistance and sitting

at 1,973. another area that traders are looking for to kind of accelerate this rally. one of the groups that is leading the way, consumer discretionary. the strong ones are industrials which include airlines. consumer discretionary is stronger, as well. let's take a look at two of the reasons. dollar general bidding for family dollar and the loser in that would be dollar tree which had a lower bid and stock is reacting down just about 2%. also we want to note that in the retail space we see a lot of numbers from teen retailers starting with urban outfitters. analysts looking for 48 cents a share down from 51 cents last year. the concern sales at urban outfitters stores, sales are doing well at anthropology. we will get buckle, american eagle. buckle is the only one expected

to report an improvement in year over year earnings. this goes into the back to school season. i think it is too early to tell from this but it is something to watch. >> the forecasts are starting to come out. teen retail. >> it's been a tough time for them. >> mary thompson here on the floor. president obama is meeting with attorney general holder to receive an update on the situation in ferguson, missouri. the national guard has been deployed. officials deciding whether to close schools out of safety concerns for students walking to school or waiting for buses on the streets where the violence is happening. earlier today the president met with members of his national security council on the current state of affairs in iraq. u.s. and iraqi helping re-take a

dam. militants say they are close to taking full control of the dam which would be the biggest defeat for the militants. moments ago we learned pope francis endorsed the use of force in iraq to stop islamist terrorists from attacking religious minorities. the pope said that he and survivors are considering a solidarity trip to northern iraq. that breaking here in the last few moments. a big day for the markets. the industrials up more than one percent or 170 points. s&p up 15. nasdaq a big gainer there, as well at 4,504,505. your business is more reliable, secure, and agile.

i make a lot of purchases foand i get ass. lot in return with ink plus from chase. like 50,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel, gift cards, even cash back. and my rewards points won't expire. so you can make owning a business even more rewarding. ink from chase. so you can. [ male announcer ] since we began, mercedes-benz has pioneered many breakthroughs. ♪ breakthroughs in design... breakthroughs in safety... in engineering... and technology. and now our latest creation breaks one more barrier. presenting the cla. starting at $29,900.

♪ with centurylink visionary cloud a brinfrastructure, and custom communications solutions, your business is more reliable, secure, and agile. welcome back to "power lunch." i guess you can say vestors are

in a buying mood. price line and netflix going higher. those stocks with the most exposure to the ups and downs of the markets are having an outsized gain in today's trade. >> thank you very much. the drug maker has won approval for its multiple sclerosis treatment. the auto maker tesla expanding the warranty on the vehicle running for eight years with no mileage limit matching the one already in place for the battery. retailer target plans to keep over 900 stores open one to two hours later. the change will take effect this month and run through the holidays. >> i could be into that late night shopping. let's head to the nasdaq where there is a lot of action.

seema mody following what has been a big day. >> a big day here at the nasdaq. we have been talking about the performance of the index. take a look at the biggest gainers over the past one month. at the top of the list monster beverage thanks to the investment from coke. tesla on earnings as well as a couple of upgrades. 21st century fox and regenron and gilead sciences up double digits. tech is one of the best performing sectors in today's trade. one of the catalysts is earnings. tech on average has seen about a 15% jump in earnings growth, the third best performing sector after health care and energy. speaking of earnings we do hear from big names in the tech space, hewlett-packard and restructuring its business. up about 27% this year and we

hear from sales force later this week with the focus on cloud. that will be a report to watch. >> i will pick it up there. seema, thank you very much. when we come back we will peel back the skin of the onion and look at why this market is moving as quickly higher today as it is. we will be back in a couple. st that the kid on the back of the bus might have a song that he has in his head but he just can't get out. with the technology of cloud, we change all that. i can sing something into my device, up to the cloud it goes, back down it comes, sounding better. we break down the walls of creation and we give music creation for the masses. ♪ ♪ unlock the creativity in anyone. with the ibm cloud. the ibm cloud is the cloud for business.

but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing platform, the information that's important to you is all in one place, so finding more insight is easier. it's your idea powered by active trader pro. another way fidelity gives you a more powerful investing experience. call our specialists today to get up and running.

it can help your business save money. false. the truth is when you compare our fastest internet to the fastest dsl from the phone company, comcast business gives you more for your money. why pay more for less? call today for a low price on speeds up to 150mbps. and find out more about our two-year price guarantee. comcast business. built for business.

let's bear down on the markets with seema mody. it has been quite a day at nasdaq. against all odds the stocks entrade for a little while. >> good to put that into perspective because we have seen a lot of volatility in the nasdaq over the past couple of months, a lot having to do with the situation overseas. today traders i speak to seem to be focused on earnings. tech has played a major role when you look at earnings growth, double diggrowth year over year. that is seen as a reason to invest in tech. another thing i would mention is valuation. sam stolea of s&p capital mentions despite the run we have seen in tech it is trading as a

sector at a discount to its historical price to earnings ratio. >> what are you hearing on the floor? >> the number of catalysts today. mostly it is the absence of bad news. we are in this period where it was just one scary headline, sell on the headline and ask questions later and then the realization was it wasn't doing much to impact global economic growth or supply and demand. that realization has hit on the fact that things seemed calmer in the world plus better home builder sentiment helping super charge what seems like a positive day. revenues are there. that 4% plus revenue growth and then mergers, corporate mma activities whether talking about the dollar stores. it seems to be across a number of different sectors and that is corporations looking at the economy and saying it is good enough to put that money to work in a merger. you want to see investing in the

businesses but at least are spending it now. >> you made the point at the top of the hour and i think the right one that one of the reasons a lot of these companies seem to be merging for strategic reasons is they can't seem to grow growth so they acquire it. whether that creates the revenue growth that they seek or not is an open question. certainly you can get cost out of the business when you merge. >> that is not necessarily good for the economy because synergy is a nice word for layoffs. it is cheaper given the financing conditions and that brings us to another theme which is we have jackson hole later this week. super low interest rates has been a primary driver of the rally going on several years now perhaps corporations looking to put money to work while they have that window open. >> i thought it was janet jackson speaking later this week. >> sort of what i was ink thing the catalyst today was kind of

the absence of a catalyst. >> how about this? i'm going to call your attention back to august 7 because that was the day the dow jones -- >> my birthday. >> it was also the day the dow jones industrial average broke the 200-day moving average. that whole indicator of maybe we will see a bigger correction in the market place. and what happened? it bounced off there. what that does is tell you at least for now again that the trend that has been in place for quite some time now that every single dip in the market has been bought. right now the path of least resistance continues to be the upside. >> that will wrap up this part of the hour. we will come back. a lot of winners today and we will run you through the really, really big ones. first let's see what is coming up on "street signs." . this is an area that big

pharmaceuticals have not had big success with or desire to get more involved in. also mr. greenberg back in the house and gearing up for an ipo. all those and lots more. make sure you join us at the top of the hour on "street signs." m of the open road? a card that gave you that "i'm 16 and just got my first car" feeling. presenting the buypower card from capital one. redeem earnings toward part or even all of a new chevrolet, buick, gmc or cadillac - with no limits. so every time you use it, you're not just shopping for goods. you're shopping for something great. learn more at buypowercard.com

frothere's no reasonn average 17 we can't manufacture in shuthe united states. here at timbuk2, we make more than 70,000 custom bags a year, right here in san francisco. we knew we needed to grow internationally, we also knew that it was much more complicated to deal with. i can't imagine having executed what we've executed without having citi side by side with us. their global expertise was critical to our international expansion into asia, into europe and into canada. so today, a customer can walk into our store in singapore, will design a custom bag and that customer will have that american made bag within a few days in singapore. citi has helped us expand our manufacturing facility; the company has doubled in size since 2007. if it can be done here in san francisco, it can be done anywhere in america.

it is "power lunch." jeffrey's downgraded the stock citing valuation. monster up 21% after coke announced a huge stake in the beverage maker. >> it had gone up so much. let's take a look at broader markets. right now the rally continues with the dow up 1%. the s&p 500 up 0.8 percent. three winners we want to show you, one is family dollar after a bidding war for that company. dollar general stepping in to

make a big deal. and the euro getting hit. people are worried about europe going back into a recession. traders talking about how that is a positive. >> that will do it for this edition of "power lunch." >> "street signs" begins right now. is america the safest place in the world for your money? it looks like it again today. happy monday. we are going to hit on the continued run in stocks, where to invest and what the biggest risks still might be. why the restaurant industry seems to have been turned upside down and the cool segment on wearable technologies for professional athletes. >> let's take a look at what is happening with the markets. march 2000 the turning point. the nasdaq over here is up by 39 points so