also ahead on the program, starbucks ceo howard schultz will be here. we always like to talk with the always-outspoken coffee boss about the state of business, the economy, jobs, and a lot more. that's coming up in the next hour. >> also here exclusively, very exciting, duke basketball coaching legend mike kruszewski. they asked coach k. to speak there after he gives his presentation, he will be here on "closing bell." you don't want to miss that. >> i love talking to coach k. about leadership. >> that's his thing. >> we'll talk with him. the dow jones industrial average, off of the highs of the day, but nonetheless, none chartered waters here. nasdaq looks like this. gains there as well. although it, too, off of the best levels, showing a gain here of about seven points, a quarter of a percent higher. and the standard & poor's in unchartered territory again. another all-time high if we closed here. a gain of just two points, nonetheless, unchartered territory. >> bob pisani is walking the floors. >> the way i've been explaining this. modest liquidity,

joining me now, starbucks chairman and ceo, howard schultz, and green mountain chief, brian kelly, joins us on the telephone. good to see you, guys. thanks very much for joining us. >> thanks, maria. >> thank you so much. so, howard, let me kick this off with you. brian's on the phone. why would you expand your partnership with green mountain if you are also competing with green mountain. what does this say about the success of starbucks and where it is versus competitors. >> well, i give a lot of credit to green mountain and to brian kelly. over the course of our agreement, we have shipped almost 1 billion k-cups to over 100,000 points of distribution. and that business for starbucks is growing 75% year over year. we've extended the contract five years, because we would be able to triple the number of varietials and blends, bring other types of starbucks brands on to the system, and in addition, for the first time, help bring the current system to some of the international markets that starbucks is leading in. so this is a breakthrough opportunity for both companies and our customers to

tim cook, jack dorsey or howard schultz?, because i'm going to tell you who i would most prefer to sit down with and pick his brain. tweet me @lizclaman and let me know. we are going to share your answers coming up. and say why. i want to know why. >>> now, it looks like ipos are more than just back on track this year. initial public offerings are set to raise the cash since the financial crisis. this really means, adam shapiro, that maybe the markets and companies are coming back? i mean, break down the numbers for us. >> reporter: it's a reflection of the stock market performing very strongly and people wanting to take advantage of that. so here are the numbers. "wall street journal," front page story today, about the united states the ipo market on fire. but globally except in the asia-pacific region when you take a look at deal logic's first quarter review of equity capital markets, you can see that global ipos, 24.5 billion, 147 deals.3 that's up 40% over the saae period in 2012. in the usa, 8.8 billion dollars, 35 deal

last week when howard schultz gave his overview, he said he thought europe was bottoming.ated the same. there are many companies including technology companies that would indicate things are getting worse. there are also auto companies that say it could be getting much worse, although i still think gm might do a good number. but the ceos of are not pie in the sky guys. they're very smart people who know what their order book looks like and have all been very accurate at forecasting. hence why their companies have been able to navigate this treacherous period so well. their view dovetails with the banks' earnings and we're seeingyes, remember in 2009, the bank here in this country bottomed before all other stocks so maybe the same thing is going on in europe. could that finally be a carry on the continent? if that's the case, if europe is bottoming, then eaton and ppg, could be huge buys here. because companies have taken out tremendous costs in europe not willing to wait for revenue to turn. if the revenues do turn, earnings would be magnificent. a turn in europe could hel

howard schultz has done a great job. steve jobs. but it doesn't always work that -- >> this guy's not a founder of proctor & gamble because it's 100 years old. jobs, dell, schultz, there was something bigger at stake. >> well, dell failed. i mean -- >> but i -- >> but we had a history of coming up with great products. they were market-leading products. >> sure. >> hopefully that's the case for them. >> let's get onto more delicious news. wolfgang steakhouse, with its newest location opening in miami just labs month has its eye on global expansion. let's welcome peter in. where are you going next? >> well, over the next 12 to 18 months, we reslated to go to beijing, china, tokyo or panama city, panama. those are the three that are on the next block. >> why those three cities? >> well, first of all, when we low kate places, we try to find global senters, where we believe that we can expand our brand properly. so, in beijing, china, other than china being the second largest company in the world right now, we believe there's a lot of hu

peop like old school, steve jobs, howard schultz, who invent a company, you know, and they get it off ground. they leave and itort of wobbles and they have to come back and right i, that's one thing. but these other guys like a.g. lafley or myron ullma who was basically ousted out of jcpenney for po performance. they put mebody else in and got to bring him back, what does it tell you about a company? >> what it tells you they made the wro decision on succession. it is one thingg for a founder, no one likes to leave the corporate thrown. melissa: yeah. >> so they want to get back. it doesn't always work the formeread of occidental tried to get back, got tossed off the board for his efforts. they did not want him back even though the current ceo had certain questions about his performance. >> in the case of founders they always know how to do it better than successors. in the case a starbucks it certainly has worked out. steve as you alluded to, was fired from his job. lissa: right. >> took him 12 years to learn how to be a ceo. he was a terrible leader in his 20s when heame back, he wa

david: look at howard schultz of starbucks. he came back, been there, doing a great job, no?the company. very different story. a founder has juice of life in them that others who don't found companies don't. entrepreneur versus a great manager. great managers at some point retire. entrepreneurs have in their blood almost forever, a la the armand hammer situation at occidental many years ago. same story. david: finally let's look at the a company losing big-time particularly today, sears & roebuck. talk about a company that needs to changeover. this is stuck. it has wonderful ties with communities all over the united states. i bought stuff, just about everybody in merica has bought something at sears at some point so it has this connection with america but it just can't seem to produce something new. today it lost 14%. it looks like it is on a downward trend. could that company somehow two back and find a manager who was successful, bring him back to sees the overall vision, the big picture? >> eddie lampert has been looking for someone there for quite some time. you've had a

i think it is critical to note the starbucks deal done today, howard schultz interviewed by maria bartiromo earlier on cnbc, made a point how great there was a new ceo in there and that's what made it happen and heard similar things to people related to the company. that is part of the story. on the call right now, talking about changes they are making that will occur end of 2014 making structural changes, going to be -- they hope to do new innovation on different types of products. how will that affect the razor blade model? >> a lot to be said here. i know the stock market. i know how people trade these things. between here and there, that's what people are going to be dealing with, but the company is going to have to still, you know, provide some decent numbers. >> imagine on the call analysts are wondering about that gap between that lowered sales growth and target that has lowered compared to their own target they had given earlier, the new lower target is versus their own prior estimates and they are estimated installed base growth, 25 to 30%, so if you are looking at sales growth of

of coffee session with one of the following business minds: apple's tim cook, jack dorothy or howard schultzrs the best value for your money? you get to chew on that one, coming up. "countdown to the closing bell" starts right now. ♪ ♪ >> good afternoon, everybody, i'm liz claman. it is the last hour of trading. shaken, but not toppl

here, when you have somebody that comes back from the past, say michael dell, we've seen that or howard schultz of starbucks, the legendary movement return to power to steve jobs, it can be great. there are other times, though, where they can undermine their successor. phil me will he will he of nike, harold germane of att, keep wiping out potential successors. sometimes you don't know what their agenda is, if they've undermined the successor. in this case, when you're out of the building and you're brought back in, it's pretty exciting to have somebody who knows the ground, know tess key constituents, moos where the bodies are buried. that's the positive. the down side is, of course, what do they contribute to the current mess? >> it's a measure of the man for us. >> he is fantastic. he is a ceo's ceo. everybody reveres this guy. aglafley was -- one of the things that was not in any of the profiles today, even in some of your competitor spres press, is that he was explored an awful lot for the emerging market, which is the unfinished agenda at p&g. act mapp was concerned about sales growth and

>> i remember howard schultz saying, would you stop giving up on this, it turned out to be an amazingthe recall was in its verification that we'll not sell product that is not up to snuff. >> lulu lemon, expensive, doing well. kors, expensive, doing well. >> meanwhile, walmart, target and people didn't mind, and the stock is doing fine. >> every time i look up in the corner there i see these three-month moves and 16%, 15%, 18%. >> and i'll give you -- i'll give you stocks that aren't up. >> all right. we'll do those next. when we get to the market open? and you find stocks that like a kimberly and a clorox is where you're worried about a precipice there on rates and it makes for a huge procter & gamble. >> i was starting to be a believer in mcdonald's and the stock goes up again. we have a lot more stocks to watch, of course. it's 20 straight tuesdays, but are we going to get it done on wednesday? right now it says probably not. stay tuned. we have the opening bell next. hey, so uh... what's going on here? do you want the long or short answer? long i guess. chevy is having a big -- hu