pepsico is one that we like. we think there's both unique company characteristics that we like about it. the opportunity for synergies around the bottling acquisition that they have done but also a tremendous play on the global markets. >> tom: i've got just a half minute left. i do want to mention financials. because those are expected to begin or continue or increase dividends once again in the coming year. jpmorgan is your choice here. >> yeah, it's one where you have owned a number of jpmorgan securities equities as well as yield or consequented securities. we do think we are at a point where company is doing much better, losses are coming down, reserves for losses are coming down, creating a tremendous amount of capital, excess capital potentially going forward. we do think they will be very close to the starting to think did about dividend growth. >> tom: discloseures for these stocks. the fund has positions in all three. >> correct. >> tom: all right, ed perks with us, portfolio manager at the franklin inc

making headlines this morning, x marks the spot for pepsico. the company is planning a major tv ad campaign surrounding the new show "x factor" debuting on fox later this year. reports say pepsly spend up to $70 million. think about it. it's pitting itself against coke, the main sponsor of sim simon's old show "american idol." i don't know if you heard about it. march midness begins. >> tried to watch that. the triplets never let us. they want to watch cartoons. >> right. they can't text and vote yet which is probably a good thing. >> no. >> keep them away from that. >> yeah. thanks, nicole, appreciate it. >>> a south bay city wants to help people all over the area get ready for the next big disaster. cuperti cupertino's office of emergency services is offering training for people who want to become part of the emergency response team or otherwise known at cert. they will learn about fire training. if you live in cupertino, sign up and take the classes for free. there's a fee for non-residents. classes start today and run through early april. g

at&t, pearson and pepsico as well as general powell, michael powell, the 400 plus partners of america'saduate center. i am so appreciative the organizers are going to give me this wonderful opportunity to kick off a very important day focused on one of the most pressing issues of our time. we are all here today because in order to give our children the bright future they deserve we have to build the grad nation that helps them succeed. our economy is growing more competitive and more connected than ever before. over the next ten years nearly half of all new jobs will require more than a high-school diploma. half of today's fastest-growing job opportunities require a four year college degree. in order to outag kate and outcompete the world we must prepare students to complete high school, complete college, complete college and go on to pursue careers. but unfortunately too many students are not getting the world-class education they deserve. as many of the quarter of american students are dropping out of high schools, a fact we are familiar with. the quality of math and science education

we want to talk with pepsico. is going to take the -- bring the pieces together. too often it is thought of, oh, this is a pretty building. all of the elements that make it a successful building are left out. >> the grass roots is ready for that. >> let me add a couple of things. we also have a new flexible livability -- livability grant program for projects like this. right now the initiative has been constrained because we have -- the funding was not available. under l.a. reauthorization proposal, we would be able to put that out. one of the things we want to but that is we all recognize the development potential and i would like to see how the transit agencies can capture part of that appreciated value. i speak to what did we may be limited in our regulatory regime where we'll nisei, you may only control right of way for the rail line. anything that happens on either side of it has nothing to do with the transit agency when indeed it is the investment that is making that value. some of the communities have tax

as many vendors and companies in the united states maintain ongoing business relationship with pepsico the other generating countries in japan, at the working level it has been going on since the event and prior to the event. at a higher coordinated industry level i would say that we are still in the formative stages of that interaction. we have had discussions with the industry. it is still evolving. we are cognizant of what is going on. we are trying to help buy and the u.s. government to facilitate the context, if you will, between the japanese and u.s. can -- companies. abdeh >> thank you. my last -- >> thank-you. my last question to you, rapidly implementing generic communications to the industry, in your prepared remarks you talked about the issues from last week. can you don't generally describe what we are alerting the u.s. reactors to? >> the main purpose, from my perspective, and to supplement my answer if i am not quite succinctly -- assessing -- , is tong -- succinctl verify plan procedures for the types of things that came out of the 9/11 event that all of those pieces of

at&t, pearson and pepsico as well as general powell, michael powell, the 400 plus partners of america'salliance and the other three convene ears of the summit civic enterprises, alliance for education and hopkins's everyone graduate center. i am so appreciative the organizers are going to give me this wonderful opportunity to kick off a very important day focused on one of the most pressing issues of our time. we are all here today because in order to give our children the bright future they deserve we have to build the grad nation that helps them succeed. our economy is growing more competitive and more connected than ever before. over the next ten years nearly half of all new jobs will require more than a high-school diploma. half of today's fastest-growing job opportunities require a four year college deee. >> in order to out educate and out compete the world, we must prepare students to complete high school, complete college -- that's complete college -- and go on to pursue careers. but unfortunately, too many students aren't getting the world-class education that they deserve. as m

and pepsico.ight now there is a backlog of over 700,000 patent applications which they are struggling to clear. buy -- think about that, 700,000 inventions and ideas that are waiting to be legally recognized so they can go forward in production. this bill will streamline the operations and adjust the user fees to make sure the agency clears the backlog. the bill takes steps to improve submission of information to the p.t.o. pong pending applications, and i want to know it keeps user fees low for small start-ups and individual investors. in past years, there were some parts of the bill that generated controversy, including provisions relating to damages and venue and patent infringement lawsuits. the good efforts in this bill that have been negotiated have resulted in these provisions no longer being a subject of controversy. i know we'll have some amendments offered to the bill, and i expect we'll have a good debate on it. i expect at the end of the day, we're going to have a strong bipartisan vot