buthere's still a long way to go. >> rose: david? >> i thought it s the best speech of s presidency ju as a speech. i thought the teddyennedy part was extremely strong, th little philosophical part at the end was quite strong and t explanion was strong. and for what it achieved, politically it gave the liberals red meat stylistically, substanily i agree with al, it gave the center a lotf meat. whether u want to think about the public oion, it's dead. the white house...he people insi the white house are completely committed on this they'd like it iprinciple but th know they won't get so they walked ay. on top ofthat, the cost is now down to.. >> ros and by doing that thers no threat of losing the house? or the is a threat. >> their view, whichs comptely correct as far as i can see, is thatthe left lever l never walk away fromhis bill just becse it doesn't have a public option because does so much else fothem. >> rose: al, y agree wit th? >> i do. i think it will b harderto get there, there wl be mes, ere will be threats, the maxine wa

the nasdaq and s&p rose one point each. trading volume spiked to one billion shares on the big board, and 2.5 billion on the nasdaq. weekly jobless claims hit their lowest level in 2 1/2 years. first time claims fell to 383,000 last week. economists say the weekly rate needs to drop another 8,000 to see a significant drop in unemployment. and another vacancy at the federal reserve-- kevin warsh is resigning from the bank's board at the end of march. during the financial crisis, warsh played a key role, helping arrange the sale of bear stearns. still ahead, behind the mega- screens at imax. we talk with c.e.o. richard gelfond about the next twist in the entertainment giant's fast- moving story. >> tom: the egyptian people wanted more, but hosni mubarak did not step down today. instead, the embattled president handed over some of his powers to his vice president, and said he'll work toward a smooth transition come september's elections. egyptians have been protesting for 17 days, closing businesses, government services and st

costs rose 10%. ni spends on everything from athlete and celebrity endorsements to bigvents like the world cup. it's also had to spend as it transitions its business more toward direct to consumer. focusing o itswn website, its sneakerspp which exploded in growth in just two years and its own stores versus a foot locker or oer third parties a. snapshot of a retailer performing well in what's been a tough macro environment and a tough retail environment thanks to innovations.ng everytrom air max to jordans to converse.>> now to marianne montain, a portfolio manager with gradient investments. thanks for being here. when we talk about nike it's not new. why did they miss analyst expectations in this particular quarter? >> well, contessa, as far as i an tell they were putting more into the product pipeline, new products. we think theyre doing v well at that. so we are going to ride this along with management. we think it is a well control company. we saw that in inventory so as sales rose 11 inventories

but shares rose >>4.5%. goldman-sachs may claw back executive pay over the malaysian corruption scandal. the bank's board has approved a provision that could see former ceo lloyd and other senior executives lose out on mlions dollars in compensation depending on the outcome of the investigation. last year, the justice department launched a probe into the malaysian fund whereon $4.5 bil was allegedly diverted to the personal accounts of various govnment officials. that investigation is still ongoing and goldman-sachs arranged and underwrote bonds for that fund a the malaysian government has accused goldman of enriching itself at the ngpense of the malaysian public. >>> the ban industry is watching what's happening in washington, especially with the new make-upth o powerful house financial services committee. the panel is led byma congress maxine waters who is known for her fiery rhetoric towards wallt street. in a recent interview with john harwood, she took on a more moderate tone. >> reporter: at one point

starwood rose more than 6% to $79.56.tt hotels fell nearly 2% to $49.63. >>> diamond foods is being bought by snyders lance in a traction yacks worth more than $1 billion, an effort by snyder's to improve the portfolio of snacks. they serged to $38. snyder's lance fell almost 8% to $33.25. >>> and chipmaker texas instruments is in talks to purchase maxum integrated products, according to bloomberg. maxim has reportedly also received interest from analog devices and may not sell unless it gets a high premium. shares of texas instruments rose 1% to $58.67. maxim integrated was up 9.5% to $42.12. >>> glaxosmithkline reported higher sales in its third quarter. strong demand for hiv drugs and flu vaccines helped the drugmaker's earnings and offset a sales decline of its respiratory medicines. shares up 4% to $43.53. >>> meanwhile, occidental petroleum reported revenue that beat and announced it will exit its oil fields in the balkan shale in north dakota. those operations are losing money. that sent shares higher to $73.81. >>

revenue rose $2.27 billion, also beating estimates. shares are up after hours and are up, hold on to your hat, 1200% since the market lows of 2009. sheila joins us from the nasdaq. sheila, what is the big take away on price line's numbers? >> the big take away the e travel sector shows strength and price line is undoubtedly the big leader. the company posted strong earnings for the third quarter with bookings growing 37.5%. they also projected double did get growth for the fourth quarter, as well. the companies diversify in hotels, car rentals, air travel and internationally with an emphasis on asia pa sitif i can and latin america. there was a change at the top, jeffrey boyt will take over the chairman role and price line firmly in the thousand dollar claim after the bell. >> sheila, thanks so much. >>> disney earned 77 cents a share, beating by a penny. revenue up 1.5% to $11.6 billion. but shares fell right after the news. julia boorstin follows disney and joins us now from san francisco. what should investors focus on now, julia? >

the dow jumped 95 points, the nasdaq rose 20 and the s&p 500 up 11. retail sales rose more than 1%

stocks rose, and rose, and rose some more. the blue chip dow index closed above 26,000 for the first time ever, marking the fastest 1,000-point move in history. recall, it was just on january 4th that the dow first closed before 25,000. the rally today was broad, with all 11 sectors posting gapes and all of the major indexes finishing at records. as one strategist said, there is just no reason to sell, which come the think of it, may be a reason to sell. but not today. the dow jones industrial average climbed 322 points to 26,115. nasdaq added 74. the standard & poor's was up a sporty 26. if you need ooef even more evidence of the enthusiasm for equitiesw sur puts stock market optimism among profession inves at a 32-year high. what tends to happen when we see an acceleration like this? mike anatolia takes a look. >> repor has the stock market rally begun to overshoot? there is no full definition of a bull market overshoot. it's not the same as a market bubble. not a mere short-term sugar rush. it i a phase when stocks accelera

shares rose 6% to 227.91. morgan stanley also upgraded shares is of seagate technology benefiting from increased demand for artificial intelligence. price target was raisedo $72 and seagate shares finished up more than 5% to 59.35. >>> still ahead, are you looking for a new car? i well you are, there's a greater chance that it might have been imported from mexico. ♪ ♪ >> to the economy now and a losely watched gauge o inflation, that would be the producer price index, which is a measure of the prices that businesses receive for their goods and services. band it rose 0.3%, more than expected. the rise came from a sharp increase in food costs and g strong priwth in the services sector. the report is the latest sign th inflation pressures may be building in the economy and that's certainly something the federal rerve will be paying close attention to in the coming months. >> well, don't lookow but oil prices are moving higher. today's rise is in part because of a growing confidence that the u.s. and china will re

increasing its rose st selection currently with 75 still and 50 sparkling rose offerings. >> we're going through a pique now and there's also a great variety of roses, different styles, different colors. and people just want to try new roses. >> sales are up 60% over the past years, more than cabernet and shochardonnay. it's become so popular, wineries ran out of their signature summer in a bottle, but they have others available. what's behind the strong demand? think pink. experts say e colo packaging, versatility and price typically cheaper than champagne. and in the very modern twist, social media buzz has also contributed. the hash tags have been prevalent on instagram, so much that with two women started their own brand selling rose inspired apparel and accessories. >> every summer, we double sales. >> key customer is women, mostly. >> experts say as rose wine evolves, demand will continue. for "nightly business report," >> rose sounds pretty good. never had sparkling rose. >> we'll have to go try it because now, it's time to say good night. that's it for "nightly business report."

the stock rose about 2% to $46.41. comcast is the parent company of cnbc, which produces this program. >>> match group was graded to buy from hold at suntrust robinson humphrey. the analyst cites positive traffic on its app and revenue trends.t the price tars $106. that's the highest on wall street. but the stock fell 4.5% to $81.74 after facebook launched its owdating service. >>> coverage of general electric was initioded with an equal weight rating, and morgan stanley, the analyst did cite nty about some of thece company's business, despite progress on costs, cash flow, and debt reduction. price target now at $10. that stock rose a penny today to $8.81. and lyft was initiated with a buy rating at deutsche bank. the analyst there cited an improving competiti a environmen a clear path to improved profitability through lower subsidies and higher prices. price target $70. that stock rose a fraction to sell at $46.40. >>> still ahead, why ranchers are having a c over the rise of fake meat. >>> i'm jane wells in wie yoela

shares rose more than 4% to 23.30. plans to increase the minimum age to purchase tobac products to 21. last month the fda threatened to find walmart along with half a dozen store chains for illegally selling tobacco products to minors. walmart's stock fell 4% to $1.30. they had their shares finish lower. >> barrett gold reported better than expected enings thanks in part to progress of the stratec initiatives after its $13 billion merger with ram gold last year. the shares fell more than 1% to $12.57. parse orn parsons and the i.t. and engineering provide debuted today. the company priced its shares aa $27 each during an interview, the ceo charles harington said his company is >> we're a company that transforms several times in history and been in missile fense since the '40s. we're a company that's cyber, intel and critical infrastructure. >> we were public from 1969 to 1984. the last two years on the new york stock exchange. we always thought we'd probably go public again some day and we've done growth through m and

and the s&p 500 rose by 27. of course it would be very interestingo see how the european markets respond tomorrow to the brexit vote. wet may have t no-confidence vote in parliament as well. so another historic day could b in theffing tomorrow as well. >> and we will be here to cover it all for you. that does i for "nightly business report" tonight. i'm sue herera, thanks for joining us. >>if'm bill th. have a great evening. we'll see you >> this is "bbc world news america."fu ing of this presentation is made possible by the freeman foundation, and kovler foundation, pursuing solutions erica's neglected needs. >> wow, that is unbelievable. ♪ >> i'm flying! ♪ >> stay curious. ♪

nasdaq rose 24 and the s&p 500 rose 5. bob tazani, he won't rhyme but he will take a look at today in the market. >> we got close but not quite. the dow finished the day 50 points away from the 20,000 mark. very light volume. entering the final stretch trading in 2016. this is ten trading days where we've gone up to the threshold but we haven't walked through it. traders have been anticipating the dow would break 20,000 before the end of the year because of the momentum from the elections but mostly because the markets tend to rise in the last two weeks of the year. the dow is up a little bit more than 1% typically and that's more enough to get us over dow 20,000. since the middle of the month the momentum has essentially stopped. market leaders like the banks and industrials have stopped going up. there really hasn't been any consistent leadership to take their place. so what's wrong? really nothing's wrong. the markets have had a big move up. the s&p 500 is up more than 6% since the election and it's perfectly natural fo

shares of cody rose about 13.5% $11.48. shares of alexeon rose today after the fda approved the coany's altamira drug. the new n approval will help trn pa with abnormal blood clhs in their kidney blood vessels. the shares rose t .$1 >>> microsoft and humana will be teaming up in a multi-year deal. microsoft will sve as humana's preferred cloud provider and ill provide artificial intelligence to the health insurer to help improve care options for the memberof micr shares were up a fraction to $138.43. humana shares were down ao fraction $287.15. >>> after the bl t.d. ameritrade reported better than expected results. th see next year's full revenue above aestimates. despit the company previously saying the elimination of trading commissions would put a debt in first quarter results. shar initially rose in after hours trading after closing the regular son up more than 2% to $37.65. >>> comg up, small house are big business for homeowners and builders. >>> here's a look at what to watch for tomorrow. dow components mcdonald's,

the nes industrial average rose 14 points. the nasdaq fell five and s&p 500 was down two. >>> as you saw, there was little reaction in the market te mpletion of the investigation. in his summary of the mueller report given to congressional leaders on sunday, wliam barr revealed 'smull veinvestigation did enough e president trump's 2016 presidential camign colluded th russia. so now, that preatmably means all stre turns to trade because the conclusion of the mueller investigation could change the dynamics between the u.s. and china as negotiators work on that new deal. kayla explains. >> president trump satisfied with the findings of robert mueller and attorney general william barr -- >> we're glad it's over. >>er e the home stretch of trade talkchina. his top two officials head to beijing for one day of thursday. vice preurer ret to washington april 3rd. a senior administration official says the hope to clinch a day in the days to follow. two t e trade deal that got slved as tensions escalated. in the time since the upper hand

rosing 12% from a year and profits up 28% in a year. the company says prospect are good for continued growth of the medicare advantage health plans and pharmacy benefits managerer opt up rx. and all s thrcks rose sharply in trading with united health care the top perfotoing dow today. up more than 4.5%. >>> but it was a different story for ibm which late today reported weaker than expected revenue. big blue's bottom line earnings were better than expected came in at $3.42 a share but revenue declined the recent quarter to a little over $18 billion. and that's what investors chose to focusn on initial after hours trading tonight. josh lipton has more for us now. the. >>> $4.19 billion. that's how much revenue ibm's global business services segment generated in the quarter. that's an important division that includes services like the company's consultinggroup, cfra david holt and ibm bull says he liked what he saw there, that the segment showed promising signs ofon stabilizati in the quarter. he was disappointed he says by the lack of ove

the firm says its quarterly trade volume rose to the highest level in the company's history. shares were up more than 3% on the day to $26.11. >>> and shares of best buy after reports that the ceo is retiring. he was just promoted a few months ago and will be succeeded by the human resources officer. the stock going from winter last year to center, came to $25 even. >>> and zebra technologies buying motor solutions for $3 and a half billion. both companies offer bar code ska technologies and other assets that companies can use, the shares plunged more than 10% to $61.30. >>> twitter rose sharply on news it is naming daniel graph as the new vice president of consumer products, separately, the social media company announced it was buying social data provider in ganip for an undisclosed amount. shares popped almost 11 and a half percent to $45.52. >>> and northern trust posted revenues and earnings up compared to a year ago but missed the analysts estimates. the chicago-based banks said that earnings rose more than 10% on the higher fees income, but the investment manager's fees

h aetna and cvs rose. berth af coombs has the detailsa >> a and cvs health hope the this will is theur final he to winning regularry approval for the $69 merger. >> selling the entire aetna platform really eliminates the concentration issue sin the. d. p market is the major overlap and there is no change in the market after if if anything well care has to retain members and those members have been used to tha aetna brand. >> medicare part d is the only part ofetna and cvs businesses where the two overlap. pharmacy giant cvs ensuring humana and united health have 50% market share in that business. aetna's sale if approved by regulators would triple well care's market share, making it the fourth largest prescription drug plan ensurer. >> this is a big milestone.is s one of the things asked for and it's being done. a lot of people feels in close to the home stretch. >> while financial terms of the sale weren't disclosed, well care says it's going to buy aetna's business with the carbon hand. analysts say that

s&p 500 rose 26.t for "nightly business report" tonight i'm sua he thanks for joining us. >> i'm bill griffeth. have a great evening. see you tomorrow. ♪ ♪ nar ator: funding fothis presentation is man: babbel, a language learning app that teaches realconversations and uses speech recognition technology. daily 10 to 15 minute lessons are voicedy native speakers and they are at babel. b-a-b-b-e-l.com. narrator: funding was also provided by... the freeman foundation. by judy and peter blum-kovler undation. viewers like you, thank you. woman: and now, bbc world news. skeptical, to put it politely, about the temp

shares rose 1% to 123.21. and colgate pal model i have said weaker sales and increased pack anging costs cut into mother-in-law margins. the shares were off 5% to $73.56. >> astrazeneca said its inhaler treatment for copd showed significant improvement in patients and hit the majority of its trial goals. the company said it may apply for approval of the medication in the u.s. and europe next year. for now it hopes to have the medication greenlighted in japan and china. shares up 1% to $36.63 the hedge fund pershing square capital run by bill ackerman has reportedly taken a stake in nike. it bets the sports apparel maker will continue to be a dominant player in its space. while the size of the stake is unknown it wasn't change the oregon company. nike up a fraction. fedex says it will spend $3 billion on wage hikes, employee bonuses and capital investment all because of the new tax law. as part of the move, fedex will contribute 1.5 million dollars to help fund its pension plan. shares rose marginally. >>> it i

the dow rose 64 points. the nasdaq rose 3. the s&p 500 added about 8. >> no 20,000 but we did get a triple day. what moved us up today, two group that's were strong after the election but have lagged recently. jcpenney and boeing and the united technologies. one disappointment, oil stocks. the report of that terrible shooting at ft. lauderdale airport mid afternoon did not cause any big selling but it did likely, understandably, dampen any buying interests. the markets have been essentially sideways since the trump rally ran out of steam in mid december. investors are hopeful that corporation there's get positive guidance. stocks have already moved on that hope. a lot is riding on that hope. >> let's turn now to our two guests for their perspectives on the markets. we're lucky to have with us, the global market strategist at jpmorgan asset management. and the chief investment officer. welcome to both of you. wave good long stretch. you believe there's upside the equities in 2017. jack, i don't know whether you say that or not

total revenue rose by 40% to 7 $3.7 billion.estors obviously like the results, sending the stock higher in the initial ainer hours trsession tonight. >> reporter: the bottom line is the company continues to grow its subriber baseaster than expected, adding nearly 7.5 million new subscribers in the quarter, a million more than ant list projections. the stronger than expected both is happening both in the inchrnational market, whi accounts for half of revenue and 55% of aemberships as we in the u.s. where the company's investment in original content is paying off despite a more saturated market. netflix attributing that growth to a portfolio serving subscribers' advance tastes. another package with sky begins later this year. netflix projecting user dproet will continue. looking at the addition of over 6 million subscribers. >>> first quarter earnings season is fuellingtocks so far, but what are some of the potential red lights and green lights that are facing the market that you should know about? good to see you again, kevin. >>

the dow rose another 182 points, now at76. nasdaq rose 23. and did hit an intrdayigh. s&p added eight points at the close for a record there. bob pisani has more on the day's action. >> stocks continue the record run on wall street but ended well off the session highs. the markets rallied out of the gate on word that the u.s. and china would roll back tariffs in phases and another leg higher when sources inside the trump te administration rted that same report. now, by the close -- this is the problem. stocks slipped on ate r report saying the plan faces fiercenternal opposithin in the house and no final decision made. out tariffs.tough it is figuring big breakout, the trade sensitive sectors fueled the record run. 52 week highs in industrial stocks material stocks a financia technology stocks. bank stocks in particular rode the rally to new highs because of the spike in bond ieelds. thes on the u.s. 10-year treasury note spiked to the highest level since august, the biggest move in basis points since after the 2016 election. on the flipside defensive sess rate sensiti

comcast shares rose 1% to 142.99. full disclosure, comcast owns cnbc, which produce this is program. >>> hier on board spending and lower operating cost helped royal caribbean cruise pass expectations. the company also says it is in a good position to raise price this is year thanks to a strong number of bookings. >> we are in a very good book position. we normally turn the year with about what have of the next year booked. this year we are at the highest record, highest level of bookings in our his re. >> shares rose 1% to $132.51. >> puma biotech says its breast cancer treatment is facing regulatory hurdles in europe after it won approval here in the u.s. european officials raised questions over the medication's benefit risk assessment adding it likely will not be approved without additional trial data. puma biotech shares plunged 28% to $64.70. >>> after the bell ford posted profits that missed expectations. sales were stronger than expected and the automaker said it made significant progress in its strategy to exp

in january income rose slightly. but consumer spending was up half a percent. that was the fourth monthly increase. the savings rate was more troubling: it fell to 3.3% after hovering above 4% for the past few months. >> susie: so are consumers returning to their spendthrift ways? and, does this help or hurt the economy? erika miller reports. >> reporter: today's data would seem to suggest the era of thrift is ending. but almost no one we talked to on the streets of manhattan would admit to spending more. >> oh no, i haven't been spending any money. >> no way. >> reporter: that even goes for people carrying shopping bags. >> definitely less. i've actually been unemployed since february. and i have four kids. so things that are important are still important. but we just tone them down a bit. >> reporter: most economists believe the frugality that came from the great recession is still firmly in place. kathleen stephansen says even if consumers want to spend more, most can't. >> they don't have the wherewithal, because clearly jobs remain few. and they don't have

the stock rose almost 2%. sears said that is to $44.87. >>> shares plunge on concerns the business may be hurt by a u.s. government plan to give up oversight of the internets domain naming system. because of that, they cut to market perform from outsiding worries veri sign won't renew.com and dot net contracts. it is to $51.68. >>> twitter's ceo is planning a personal trip to shanghai. his first ever to china where he'll meet with government officials. the company declined to comment what will be discussed. twitter has been blocked by chinese sensors since 2009. shares were up a fraction today to $52.05. >> another chinese company to tell you about. alibabba. the chinese e come morse is one of the biggest internet players and plans to go public here in the u.s. in what could be the biggest initial public offering since facebook. so what exactly does alibaba do? and why are so many investors excited about it? josh lipton explains. >> reporter: it's an ipo sparking a ton of buzz. alibaba started the process of f

personal incomes rose 1%. another sign of uncertainty in the economy from the national association of realtors. it reports fewer americans signed contracts to buy homes last month. still, top economists are more optimistic when it comes to economic growth. a survey by the national association of business economics predicts our gross domestic product will grow 3.3% this year, up significantly from the 2.6% forecast in november. and other evidence supports that outlook. business activity in the midwest region grew at a faster-than- expected pace in february. the chicago business barometer rose to a 22-year high, led by a rise in production and new orders. still ahead, if recent history is any guide, tomorrow could be a profitable day for investors. we'll explain how successful the first trading day of the month has been and why. >> tom: it's week three of protests in wisconsin, as democratic lawmakers continue to stay away from the state legislature. they're protesting a bill that would limit collective bargaini

west texas rose about 2.5% to roughly $58 a barrel. and if there's an industry that can be rattled by geopolitics, it's energy. which is why brian sullivan asked theta secry of state today about a number of global hot spots at the conference in >> it was a rare and exclusive opportunity to sit down with cabinet level secretaries about foreign policy, energy and where they meet. we began by discussing china, because most of the conversation around china is the united states sellingal liquefied nat gas. but china has its own energy particularly in the south china sea. we began by asking secretary of state pompeo what the.s. is willing to do. how far we are willing to go to blunt china's energy >> president trump has made it clear we want a fair shot. we want tariffs that are even,i nont barriers to be shut out. we want the rule of law andan arency. when we get those things i am very confident that american companies wl prevail. we can always outcompete. >> we then turned the attention to iran andta i asked sec of state pompeo if the u.s.

delta airlines shares rose nearly 2%, as were many of its competitors.another sign of an economic recovery? the air transport association said passenger revenue rose nearly 1.5% in january. also, one of the runways at j.f.k. closed for a four month repair job. delta and others have been cutting back on flights to ease congestion on the remaining runway, but that could mean higher ticket prices because of fewer seats available. and there's nothing like a few mergers and buyouts to show the animal spirits are still flowing. a.i.g., under pressure to pay back all those government loans, sold off its asian life insurance unit for $35 billion and change. the cash and stock buyer? prudential p.l.c., based in the u.k., and not related to prudential financial. analysts think the deal provides some credibility for a.i.g's c.e.o. they expect another deal soon, to sell another of a.i.g.'s non- u.s. life insurance divisions. next we have, m.s.c.i., the market indexing company. it agreed to buy riskmetrics group in a $1.5 billion deal. m.s.c.i.'s shares fell, but ana

the nasdaq rose 46 and the s&p 500 gaine 13. the week the major averages were all higher making this two separate weeks gains. that's a good way to go into the weekend. >> indeed.ha >>will do it for us tonight i'm sue herera. i'm gil bill griffeth. have a good weekend. see you monday. >> this is "bbc world news america." >> funding of this presentation is made possible by the freeman foundation, and judy and peter blum-kovler foundation, pursuing solutions for america's neglected needs. >> wow, that is unbelievable. ♪ >> i'm ying! ♪ >> stay curious. ♪

shares rose 1% today to $43.67. chesapeake was upgraded to outperform from underperform at raymond james. thest ana calls chesapeake's recent acquisition of wild horse vans fthmative. price target is $5. that stock rose more than 1 today to $3.57. and american eagle outfitters was downgraded to underperform at neutral fropg bra of america/merrill lynch. the analysts cited a lack of marginmprovement there. price target $18. that stock dropped 4 1/2% today to $22.02. >>> still- ahead you might be surprised by what investors did with their money during last month's rocky performance. >>> despite october's losses, investors took only a modest amount of money out of the market last month. according to fact sets, u.s. equityet saw outflows of a little more than just $3 billion. that's just % of assets under management. equity funds that are considered buy and hold investments like etfs that track the s&p 500 saw large inflows and that suggests many were buying while stocks were declining. >>> speaking of which, let's turn

shares of the fast food chain rose 4 1/2% to a record. so far this year, the stock has gained about 30%. trippe miller joins us now to talk about that. welcome, nice to have you here. >> the success of this report is being laid at the feet of mr. easter brook and his turnaround plan and it is being very successful, would you agree with that? >> i would agree with it, steve's done a marvelous job turning around, mcdonald's in an 18 month period. we believe the strategy he was implementing in europe prior to taking over the entire company is serving investors well, we think it's a great start, and hopefully an early sign for more good things to come for the company and shareholders. >> what are they changing about the food specifically? >> specifically, they're going to higher quality. one of the things you see out there is a demand for fresher, higher quality food across the price spectrum. whether it be in a happy meal for my children or a higher end burger, they're delivering that. i think it is in high demand today, and they're listenin

it rose to $190. that rose to 1.5% to 166.80 today. duncan brands w upgraded. they cited the potential for new growth in same store sales and improved operations. price target, $92. shares rose more than 1% to $80.98. >>> and hostess brands was up. they cited trefast product line. price target $17. those shares rose more than 2% to $14.26. >>> still ahead, a new kind of foodight. >>> i'm rahel solomon for "nightly business report," what does the aerospace industry have to do with specialty foods? i'm at a specialty foods convention in new york city and i'll have that answer. >>> home depot is watching the tarifflo situationly even though 70% of the goods itells e made domestically. they said there are ways it can minimize the potential impact of tariffs on customer prices. >>> the first step that we'll do is try to protect the customer in the project. we'll do everythin we can to take other costs out of the business working with suppliers, whether that's opportunities in supply chain, other elements of the business and then we'll try to protect the customer on

more on that one and on the economic front, orders for goods rose, and shares are increasing. by the close the dow gained 69 points to finish at 16,675. the nasdaq added 51, the s&p 500, added 11 clouto close at t all-time high. there were other milestone, the transportation and material markets sitting at all-time highs while technology is at levels not seen since the year 2000. but this year, believe it or not, the biggest groups are utilities, yes, utilities, the top sector of 2014 so far up more than expected. dominic chu has more on the stable industry and why boring may be beautiful for you. >> reporter: they may not be all that glamorous but utility stocks have been wall street darling darlings so far this year. and there is a big reason why. dividends. >> the utilities tend to have a higher yield than say some of the s&p 500 companies, the utilities tend to grow their dividends pretty consistently every year. >> utility companies tend to pay out more of their profits to shareholders rather than reinvest all the profits back into their business. so if you're an investor

profits still rose last quarter and shares rose a fraction higher today. dominic shue takes a look at cost savings for the company. >> reporter: those job cuts are a result of slowing business at one of the nation's biggest food companies. kelloggs, which is home to brands like eggo waffles and cereals says it is part of the broader effort to reduce costs. it expects to save in the range of 1.2 to $1.4 billion. the ceo says that kellogg is making tough choices about expenses in order to position itself for growth opportunities down the line. the company is dealing with the same head winds other companies are dealing with, including changes and slower consumer spending, first, the competition among the cold breakfast cereals is stiff. for the most part, the products are different, but not that different, second, the product has evolved and become more complex. just look down your grocery store item and notice many granola bars, nutrition bars and shakes and countless yogurt bars. and that doesn't even include other items that are gaining in popularity, thin