today. >> indeed. with that, we'll watch the revenue growth that's been slowing. the dow down 140 points. >> and real quick, what about salesforce, a volatile day. >> salesforce up about 6%. lost most of the gains. we'll continue to follow the story. if anyone is looking forward t to getting that one. >> john chambers is not surprised that salesforce would be in play as the bells ring on wall street with all that chatter, we have red on the screen. we have the dow jones industrials losing 142 points. has been down more than 160. the s&p got crushed. down 24%. in our world, that's a pretty decent clip there. the russell, the nasdaq, also getting hurt, it's really the nasdaq that got hit the hardest, down about 1.5%. >> you might have a chance to buy tomorrow. >> well, buy low. >> on the pullback. >> "after the bell" starts right now. ♪

let's get you today's market action. bob the spectra management group, don't fear the rate hike. why. joe on why you the investor would love for europe to help the us market. let's start with mark sebastian at the cme. mark, why this sell-off? is this the start of sell in may and might we see people go away? >> i feel like it's our weekly one off sell-off and then we get the rally out of it. we've been stuck in this pretty tight range now for about six weeks. if you really pay attention. the highs have been about the same level. but we've been hitting higher lows. i do think we're slightly coiling higher. while we figure out this kind of rate scenario, as i've been saying for months, is going to end up no rate hike in june. we will kick out of it. once we break 2120, move to 20 and a half. we didn't clear anywhere

near the lows of the day. there didn't seem to be a lot of push through. the vix didn't move on this. a lot of fears of, is draghi going to nqe early. a lot of it is unfounded. we'll get through those tomorrow to kind of clear up a lot of that. >> we're somewhat range bound. we had a guest on yesterday who said you should look for the dips. he said this is hardly a correction. and you're bullish, even though a majority of companies reporting so far in the s&p 500 have missed their revenue estimates. isn't that a sign of revenue coming? >> obviously it's more backward looking than forward. if you talk about this quarter of earnings, no doubt it wasn't a very good quarter. as we know, the market is mostly about expectation, not just what the companies have done, but what were the expectations. we came into this quarter, downward revisions from analysts

until the beginning of this quarter's earning season, they had the largest downward revision since 2008. so expectations were very low, mostly due to the narrative how the strong dollar was hurting the company. the quarter was not good, but expectations weren't good as well. the market has hung in there quite a bit. we didn't see a sell-off jawbz thselloffbecause the expectations were low. >> when will we see a rate hike? you say that prospect has the markets on the move, whether it's up or down. why? >> liz, i think the first quarter gdp growth as we all know is quite weak. >> right. >> it pushed back any -- >> can i ask you, do you think first quarter gdp, the revisions that we might get will contract, that we'll see negative? >> i think it's quite possible. but i think as we get into the second and third quarter, i think we'll see growth that exceeds expectation. net for the year, we'll end up kind of like last

year. okay. with not great growth. but growth. not a recession, by far. >> okay. but, bob, if the fed does start raising interest rates in september, even by a small bit. liquidity problems. the banks have higher reserve requirements. doesn't that bode a problem for equities in the united states? >> actually i don't think so. when you look at the ten-year and out, the long end of the curve, i don't think it will move. when you look at europe and all the money printed by the ecb. and japan on top of that. and the interest rates in the u.s. the ten-year bond in the us is substantially higher than any other country with much better credit. so i think other parts of the world, their activity is driving cash this way. which will keep our rates capped. and we will see the earnings yield in the s&p at five and a half, really move towards the ten-year treasury. >> all right. liz: let me get back to mark as bestian in the pits. suddenly, we have the

metals moving higher. which is weird. (?) you have energy looking pretty good today. is it time for commodities maybe to rear their heads? >> yeah, what we've noticed in the last two months is crowded trades have just been crushing the lemming. everyone late to the trade is getting pound. a lot of people who got long bonds when they were 1.8 yields. all the people that were shorting the euro at 105. and we are just seeing that at gold. gold got completely overdone. it belongs closer to 1250 than 1100 an ounce. that's because the dollar doesn't belong at parity right now. probably belongs right here. a stable dollar probably allows for the metals to rebound and continue a move at least a bit higher. i don't think we'll see the massive rally they want. i think we should move higher. >> let's move from metals to what stocks we should be picking. joe, you're big on

consumer discretionary. i want to point out. although it's not necessarily consumer discretionary. some of your picks. love car max. they were down today. monsanto was down today. so where would you be directing money? >> yeah, you're exactly right. i like the consumer discretionary space. a lot of talk about the consumer saving money from the energy savings. they haven't necessarily gone out and spent that money. a lot of it in savings. you look at car max, perhaps that savings will be put to work as the weather gets nicer here. the charts look strong. performance has been good. and monster beverage, a lot of peiz pessimism towards those names. a lot of short sellers targeting those names. perhaps higher prices from that sector as well. >> one of the names in solar. you have sunpower. i believe buffett has some type of deal with

sunpower. he's doubling down on wind and solar. he said this weekend, he said i want to be everywhere. whether it's electric or coal or oil. he just wants to spread it around. >> yeah. if you're playing it from a pure diversification standpoint, that's another angle. we focus a lot on sectors that have low expectations. and perhaps he's betting on lower evaluations, perhaps considered to their upside. and i think whether regardless the analysis, i think both of the analysises are correct. >> great to see all of you. mark sebastian giving us great ideas and thoughts. >> oil jumping again. closing at $60 a barrel. crude takes off. so have gas prices. they have risen 16-point days. highest average of the year. >> how much higher will prices go? with us, michael green, aaa gas price analyst. what will we be paying

in the summer? >> we are at a crossroads with gas prices. even oil. everything hinges with what happens with crude oil. that has made gasoline a lot more expensive than what we saw earlier this year. the rally this spring has been 60 cents per gallon. the largest springtime rally since 2012. so right now, there's a good case to be made for both higher and lower prices. which sort of suggest that prices will be where they are today in the summer. if gas prices stay below $3 a gallon. like we expect. the national average to stay below that price, most consumers will be paying the cheapest gas price of the season for five years. it could be longer. >> you have no skin in the game. the question i'm about to ask other than being an analyst for aaa on the gas prices. over at citi. they were calling for oil to fall for $20 a barrel. they missed it. why would the driver believe anything they hear from analysts on the price or oil or

necessarily the price of gas? >> you know, you look out there, and it seems like analysts are at their most divergent place they've ever been on gasoline. some people are talking about $30 a barrel. ninety dollars a barrel. we're really at a strange place where we have an abundant supply of oil and gasoline in this country. record supplies. that's not going away any time soon. people are talking about the fact that us growth has begun to slow. that's been the main reason why oil prices are up. some people are worried that oil prices have begun to slow at home. as a result, going forward, gas prices should be a little bit higher. but, you know, right now there's more than enough for supply to meet demand. it's possible we could see gas prices a little bit higher because there's this momentum in the market right now. if you look at the real fundamentals. we should be paying cheaper gas prices going forward. i don't know that will

happen. >> who is getting slammed? who is getting the good end of the deal? where are the most expensive gasoline prices and then the cheapest around the nation? >> well, toad's national average is 3.63 a gallon. that's a vast disparity. >> exactly. hawaii is expensive. >> if you're in the southeast, probably in the 2.30. 2.40. the majority of gas prices are under 2.50 a gallon. in california, the west coast, they've skyrocketed. california, 3.70. their prices have jumped 60 cents in three weeks. that is an incredible jump. it comes down to refinery problems. actually crude oil isn't the problem in california. it comes down to refinery problems. explosion outside a refinery in los angeles. that's continuing to cause problems for the region. >> the summer blend. great to see you. thank you so much.

>> thank you for having me. liz: the force seems to be with disney as the stock hits an all-time high. will this cinderella story continue? our panel tries to point them out before you get burned. >> the next time you apply for a job, you'll be competing against a robot possibly. more than 1 million are expected to be put to work in the next ten years. can the work force keep up? and are any industries or your jobs safe? >> plus eat up, panera cleans up its menu saying it will eliminate 150 artificial ingredients from its menu. who knew there were that many in its menu. the big changes and what the ceo is planning next to make the menu even healthier. we're talking to him. ♪

♪ >> all right. hello. i'm cheryl casone. we're getting in the numbers from news corporation. a couple of things i want to show you right now. the stock is moving after hours. the estimate was 6 cents. came in adjusted at 5 cents. penny missing. revenue coming in a little bit shy of the estimate.

2.06 billion. we were looking for 2.11 billion. a couple things that are interesting. the book publishing unit. the chris kyle book continued to perform strongly under book publishing. the divergent series of books, hoping to get revenue out of that. a little bit of a lag. also talking about print ad sales versus digital sales. still weakness in digital sales. they're making the ship. finally currency fluctuations. news corporation is a global company. currency fluctuations are hurting the company. the company coming out, missing on both sides. not a lot of movement in the stock. up about 1.7%, guys. year-to-date. but, again, a little bit of pressure there. realtor.com, doing well. the real estate business of news corporation. >> insurgent. my 10-year-old loves those books. a new republican presidential candidate throwing his hat into the ring today.

former arkansas governor mike huckabee who is popular with the religious right made the announcement this morning in his hometown of hope, arkansas. this brings the total number of major g.o.p. contenders now up to six. but if the phrase huckabee for president sounds familiar, that's because it's definitely not his first rodeo. he launched his first bid in 2008, but ultimately lost the nomination. >> robot revolution has been the theme of sci-fi movies for several years. its reality in china, construction has begun on the first factory to use only robot production. with the goal of reducing that human work force at the factory by 90%. here to talk more about how companies and workers can adapt to the robo trend. andrew. mit sloan school of management. center for digital business. and coauthor of the book race against the machine. another book out. >> the second machine age. we like machines.

>> we like machines. we're in it. but i'm thinking -- in 2001, the space odyssey, 2000 -- >> we don't like that machine. >> will we like the machines that put us out of work? >> if we can figure out what to do with ourselves in the meantime and the abundance the machines will give us. >> in the united states, you needed machines. you needed factories. there wasn't enough labor. in china, it's because they're losing the rural labor force. you say what we'll withiwitness in the united states will be different. there will be a surplus of labor. >> we don't know for sure. there's reason to believe that. for 200 years, we've been worrying about technological unemployment. the machines taking our jobs. it hasn't happened. better standards of living. higher wages all over the world. >> in your first book, you make the case that the reason there's been income inequality and stagnation of wages isn't because of the car nards we hear both

sides, it's because of the machines. >> i think it's because of the machines. (?) when you see what's happening to the classical american worker, the middle, the 50th percentile, their income hasn't increased in 15 years. the percentage of gdp paid out in profits is at an all-time high. the percentage given to wages is at a low. things are different. tech progress is one of the reasons why. >> so ten years we have you back to talk about where we stand with this revolution. in the next ten years, we have some statistics about how this will happen in the united states. what will happen to the people who lose their jobs to the robots? >> this will be an unbelievably interesting time. i look at the advancements in robots. artificial intelligence. my brain hurts when i project it forward. i don't think we're in a zero labor economy in a decade at all. i think a lot of professions, doctor, lawyer, accountant, a lot of professions will

see technology come in a very real way. >> have you seen logans run where the robot goes crazy and kills the guy almost. it does kill the dog. we're looking at a world. tv journalist could be out. you could have the avatars during the news. >> it's your interpersonal skills that will keep you relevant. what kind of skills will human beings need to compete against the robots? >> i like to think about working with machines instead of against them. so we're deeply social creatures. right? let's -- let's give the social interaction to the people. let the background work be done by the machines. we're still better at creativity and innovation than computers even though they're getting better. >> live long and prosper or just enter -- for all my sci-fi freaks. the film you can get on dvd. it's amazing. andrew, thank you so much. helping us keep our

jobs. >> david -- adam. more details emerging in the deadly shoot-out in texas that left two gunmen dead. isis says it's behind the attacks. we're live on the ground with the very latest. as netflix hits an all-time high, amazon ups the ante. in the battles of streaming world. taking its service to the skies. who will come out on top and be the better bet for your portfolio? and after their big fight this weekend, boxer manny pacquiao could face fines, a suspension, possibly even a lawsuit. what did he do? we'll tell you next. ♪

♪ >> some new details emerging about the texas shooting outside a prophet muhammad cartoon contest on sunday that left two gunmen dead. jonathan hunt joins us with more from texas. >> adam, isis now claiming responsibility

for the attack. broadcasting a message on its albiam radio station. the question the us officials are working with, is this a genuine claim of responsibility? was isis involved in the planning and plotting of this attack? or was this simply an opportunistic claim designed to sew fear. investigators are looking at the social media accounts and much other evidence that they found in the car and in the home of the two shooters. elton simpson and nadir soofi. their families have expressed great surprise at the involvement of these two men. elton simpson's family putting out a statement through their attorneys which said in part. and i quote, we are sure that many people in this country are curious to know if we had any idea of elton's plans. to that we say without

question, we did not. and as investigators went through the phoenix apartment that the two shooters shared yesterday as part of their investigation, it emerged that both men attended the same islamic community center. those who knew them there also said they were surprised that the two men would take the kind of action they did. listen here. >> it's shocking. because he was -- he had a nice positive demeanor. and he was very polite and always had a smile on his face. what took him from that person to, you know, what happened... >> worth pointing out, adam, that if isis did indeed direct this plot, then they directed a plot that was almost a complete and total failure. adam. >> jonathan, i think a lot of people breathing a sigh of relief that it was a failure. thank you, sir. >> crucial questions.

are netflix and amazon high valuations, jeff, or are these stocks overhyped? netflix hit a 52 week high. despite warren buffett's impressive record. is there a stock he should have added to his portfolio over the years, but didn't? first though, disney hitting an all-time high after reporting better than expected earnings. are they unstoppable? gary smith. bob from tangent capital. and our own cheryl casone. (?) to disney. glitches, what could it be, gary? >> i don't see any. i like how you threw the "frozen" in there when you were talking about it. i think they actually have more potential. first of all, i own disney. so i'm a big fan. they have marvel. that is obviously now the big franchise. >> "avengers," huge.

>> they got the star wars coming out. they've shown that they really know how to do synergy. i saw that. was down at the park. they're tying in "frozen" with the epcot stuff. if they tie in marvel and all their abc and all that stuff, they're a monster. >> bob, star wars. the critics will be out. what if there's a slight stumble with star wars? >> listen, the last good star wars movie o was 1983. there is risk here. a lot of people are expecting so much out of disney. the marketing -- there could be a little hiccup. but content is really king. especially as the distribution pipelines and the time shifting. and disney has the content. it won't be a terrible stumble. >> cord cutting. you have to look at espn. what if people are given the choice. i know there's a lawsuit with verizon that wants to bundle into tinier bundlbundles.

>> espn is not one of the components of the disney story that i worry about. i think the parks can be an interesting and maybe not a good story in the next few months. travel hasn't picked up as much as we would like to see in particular at disney. they have the issues with illnesses at the park in particular in florida. so there's problems there. as far as "frozen," i think parents all over the world were rolling their eyes. oh, great. here's another movie that will probably show at some point. but for the company, that franchise will do nothing, but do well. they also have these new characters coming out as well. i think disney is a great story. >> let's flip to new media. netflix hitting an all-time high. amazon announces prime members will be able to stream free on jetblue flights. that's only the beginning. are either of these players overstretched? netflix pe is 160. amazon's is 169.

>> the key word is free. these guys are disrupters, but they're being disrupted. look at periscope. streaming won't keep them ahead by themself. they're trying to add original content. i love orange is the new black. house of cards. that won't be enough. the pes aren't justified. >> cheryl, maybe you get in not because the pes are justified, but might be down the road. netflix has real stock gains here. cheryl: i have to say, it was nice to see the jump in netflix. that's a cinderella story. going back to disney. it depends if the content continues to get higher and price more expensive for netflix, they might have a problem. also, remember, house of cards a big disappointment. that was a miss they had as far as netflix goes. amazon. if you want to talk about amazon's potential

overextension. they're moving into real estate. they're also looking at the same day delivery with the drones and all that. they may go into areas that aren't normal for them. they may be jumping in too soon. i'd be concerned with that with amazon. >> remember when amazon just sold books. >> yes. i'm an old fogy. but i tell you what, they're horribly overpriced. but so what! you know, as we talked about, they're disrupters. what people forget (?) is they have pricing power. netflix could raise my monthly tomorrow by $5, and who cares. >> they tried to do that. they tried to raise their prices. they got in trouble. i want to flip in to robin. warren buffett considered one of the greatest investigators investorf all time. did he miss any great buys over the years? cheryl. give me your buffett pick he should have bought. cheryl: oh, gosh. i would have to go back

to netflix. if i look back over it, probably something like a netflix. but he doesn't like the new media stuff. i get it. i understand. >> bob, your pick. >> spirit arrow systems. not spirit airlines. spr. middle wear provider in the airline industry. they sell wings and cockpits. been around since 1927. based in topeka, kansas. not expensive. warren buffett sort of play. great management team. >> what did blow when he didn't pick a stock? gary. >> rite aid. another stock i owned. down in the dumps. they're like a great corner drugstore now convenience store. they were a dollar a few years ago. now $8. i love the story. reinvented themselves. right in his wheelhouse. >> i have one. henry shine. the medical supply product guys. when this stock went

public in late '94, '95. fifteen dollars. today, $130. cash machine. growing smartly. management that stayed with him all the way through. thank you gary and bob. and cheryl casone. adam, over to you. >> almost happy hour. taking a shot at the competition. looking to capitalize on the fast growing, high end tequila market coming up. the founder of tequila will tell us his recipe for success. another blow to manny pacquiao, he could gear up for a big legal fight. we've got the details straight ahead for you. ♪

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. >> cinco demyois a huge holiday for tequila companies, ultrapremium tequila company is bringing the heat and is even making its hollywood debut. joining us now is the founder and chairman. congratulations on your success and let's get right to it. >> thank you . >> this right here, this is what's grabbing everyone's attention and this is a special aged tequila, when i think of aged, i think of scotch and other types of drinks, but tequila.

>> yeah. reserve of 44 is aged in wisky bottles, so tequila is not what people of my generation grew up drinking, it's all about quality, it's not mixed with other products -- >> there's no worms in these bottles. >> no worms and it's as pure as can be . >> so the agwuave plant is it, it takes how long to just this because i know you've won your awards, but i didn't know that it could be aged. >> absolutely i mean it does take seven to 10 years for the peanut to grow and be ripe. >> uh-huh. >> and then what we do is cook it in ovens for three days. we then distill it turning the sugar into alcohol and then filter it in a very special way. so to get a bottle, it takes eight to ten years, from the time the plant goes into the ground, this takes ten or more

years. >> i'm not a tequila drinker, i'm ignorant, for journalism i'll take a sip and see what it tastes like, but what's the best way to drink it? do you drink it on the rocks, this is a foe market rita; right? >> yeah. that's simply silver with fresh lime juice, so everything in there is totally pure. what do you think? >> it's really smooth. i thought tequila would be really sweet, it's quite smooth. >> exactly. >> exactly. and there are different ways to drink tequila now. people drink it the way i am, which is either neat or on the robinson, and people still do shots to get the night going. >> sure. >> there's nothing like doing a shot of tequila that's better tequila than the stuff we grew up on. >> you know, if it's the 1960s, we could have cigarettes and have these drinks, how much is this going to cost?

this is premium adult beverage. >> the reverse of 44 is actually at huge value. it's $150 with a beautiful gift box. a product like this normally sells to 250 and 300. >> yeah. coneiac will be 1,500 150 to 250. >> yeah. we decided to price it at 150 to make it valued and this has been the best tequila, people run out and grabbed when they see it, but it costs only about 40, $45 a bottle. it's very affordable. >> i first 18 when it was legal in that state, you had to be 19, but this is a much better experience. congratulations. >> thank you . >> it's all yours, you're going to finish the shot. >> yeah. if i start this now, i'm in big trouble. trust me. i won't be able to talk about the healthy food trend. it is on fire and investors are betting big on one company that delivers fresh snacks that are super healthy to

consumer stores every single month. we've got the cofounder is growing exponentially. that's next. and speaking of healthy foods, panera blasting into the skies announcing a big change to its menus that is sure to make the health conscious consumer happy. we talked to panera's founder about the changes, and they are major. that's straight ahead 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, that's what i'd like to do.

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and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ . >> we've got news alert. manny pacquiao could face disciplinary action from nevada boxing officials for failing to disclose a shoulder injury. officials are investigating yes checked "no" on a commission questionnaire asking if he had a shoulder injury. the information could have influenced some high stakes betting. vet pacquiao has just been hit with a class-action lawsuit. seeking damages of up to 5 million dollars, pacquiao's trainer rushed to the press and said we thought we would postpone the fight but we thought the progress was good enough. >> one company is cashing in on the growing trend, it's

called nature bok, and in essence it's a dialect consumer subscription snack service that's catching the interest of a lot of investors. >> and joining us is box ceo,. >> yeah. that's correct we've been very fortune to be growing really quickly and it's tapping into the customer go ahead and no healthier foods, and we're seeing that demand is the same across the country, regardless where you live . >> and it's civil a subscription service. you pay 19 95 and every month you get a box. here it is and it's full of what? five different healthy snacks. >> yeah. that's right it's full of five different snacks and as a customer you choose what you get so we have 120 different products, you can come in choose when you get, change those every month, and if you decide to cancel, you

can cancel at any time . >> you are severely under estimating the power of how much snack i can do. >> well, they go great with tequila. >> 62, 63 billion dollar, 64 billion dollar industry, she's 30 billion of it, but when you talk about the healthy foods, they tend to be more expensive, curl make a profit? are you eventually going to have to raise the prices. >> well, because we're direct to consumer, we're taking out the retailer and are the contractor and we're able to go direct to consumer and delivery that value back to the customer and reinvest some of that into development. . >> what if i have allergies? how do i notify you guys if you don't do wheat or milk or so i. >> well, that we make easy. you can filter based on dietary needs and we make all of that as easy as clicking a button . >> do you control the cost by partnering with the people who are already selling these

maybe under different brand names or do you actually control the creation, the packaging, and then the distribution. >> we actually create the snacks in house, that's the fun of the job. we have a product development team that is in house and coming up with new ideas and, you know, each month we launch three to five new products. >> it's great to see this. first healthy snacking. >> and we're ready for a party. we've got the snacks and tequila. >> exactly and the snacks include truffle infused popcorn. >> nature box within and, by the way, panera suddenly announced we've got some ingredients in there we need to ban. we asked the panera bread founder about the 150 changes he's making. next. >> hi, everybody, i'm gerri

willis, coming up at the top of the hour, how to score the best mortgage loan, the land is changing and big players aren't necessarily the bank. just one of the stories coming up on the willis report in just a few minutes

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>> panera revamping its menu and announcing plans to drop more than 150 everything from artificial sweeteners to colors, flavors, and

preservatives from its foods by the end of next year. what's behind the big changes? panera's founder, ceo, i think your stuff was healthy on the first place. >> we've been on a two decade journey to make it better, and it doesn't stop here. . >> 1 15 no. no. foods on the list, what's in here that you're banning now? >> a full range of things. a whole bunch of things that you and i can't pronounce, things that should be added to the supply chain. our perspective, we knew that simpler food was better. >> uh-huh. >> i think that's what all of your new transitional advicers are telling you, the national resources, defense counsel, we spoke to the union of concerned scientists, we looked to the u standards, we wanted to get a comprehensive list of what we want to not

serve our guests. and think of it as a housekeeping approval, and when consumers come to panera, they know it's good food . >> and were they demanding it? stewart always gets upset and he always says, oh, they're just responding to the pc police or the food police. this seems a little bit different. it sounds like your heart is in the right place here. >> i've been on stewart's show and i've debated with him, and i do have a heart, unlike stewart -- but at any rate, the reality for us to test for all of this is i've got a 16-year-old daughter, and i have an 11-year-old son. >> right. >> and the reality is i want them to eat this way. so let me say some of the things the list. there's bromated flower, acid,

then i saw lard, which in my world, you can't make chop liver without it, so i'm not eating the chop liver. but in the end, you know, everybody wants to be healthier, and they should if they're not because obesity really does cause cost to employers and, you know, hurts people's health in some ways. so you're taking a leadership role here. how much further will you go? >> we're going to keep pushing it. i mean this is an 11 year journey. 11 years ago we pulled chicken without antibiotics, and it was very clear that that was the right thing to do. five years ago we were the first national chain to post chloric information, we didn't know the government to tell us, and then this is the next

step, today we're announcing the no. no. list. we're going to keep working against it, you're going to see more whole grains in our breads, you're going to see us continue to try to lower the sodium level, or continue to try to address the issues of sugar. we want to go part of the solution not the problem. that's how we built this company. >> it costs money sometimes to do these recalling. will that cost be pushed off onto the customer, what can we expect? >> it's just really difficult to do, but it doesn't actually cost a lot more money generally. >> uh-huh. >> maybe with the exception of the proteins. the reality is when we first did antibiotic free, everything thought we were nuts, the consumer responded and we started to see the market and the prices in the market go down. and ultimately 11 years later, it makes sense for mcdonald's and tyson to announce that they're going at least part way to antibiotic free, and we

want to be part of the solution and this is the way we change things by taking a step. >> right. >> and then we watch the market forces play out. >> well, you're just under $4 below your # 52 week high, the business has obviously been good this year. i'm going to go to panera. i'm going to check it out. i go there often, but i want to see the change, and it will all be done by 2016. >> go try the new salad or the kale power salad. it's great. >> i wanted the muffin. >> you can eat the muffin. >> panera bread founder and ceo, this is what the trend seems to be with chipotle, mcdonald's -- >> yeah. he said it best. he has a daughter who is 16 and a son who is younger and the kids want this kind of food. >> all right. we turned to john chambers after 20 years at the helm of cisco, we've intrude him so many times, and john chambers announced that

he would be stepping down later year. i got a chance to speak with him later today with the weather important warmer in new york as a veteran of the tech industry, i also asked him about the wave of broadband an area that's been debated, here's what he said. >> whether it's comcast with one of the players that pursued, whether it's at&t with directv, i personally believe that you need about three to four competitors and that's all you really need in a marketplace that will allow enough competition so that we as consumers get very good prices, but also make the money so that they can invest in the future. so my view is that the directv, at&t is a good move, but i had the same view about comcast and time warner.

20 other service providers does not allow them to for the future. >> speaking up for potential mergers. >> you can catch all the interviews on foxbusinessnetwork.com. >> thanks for joining us. the willis report is next. this is the willis report, where consumers are our business. >> isis claims the first attack in america. >> isis, now claimings responsibility for the attack. >> were they sympathizers or op practicetives? we -- operatives, we investigate. >> i am a candidate for president of the united states of america. >> and more diverse. >> the truth is, president obama always provides us with a false choice. gerri: we'll assess the candidates. >> the feds shut down a phony diet supplement ring complete with fake celebrity en