there was archer daniels midland, but there was also a japanese company.y were eyeing up the company, as was another european competitor. no, it looks as though archer daniels midland has won out the day. billion euros. thisho -- who owns this? >> is a private company. very little we can look at. its whole history is steeped with capri sun. they made that a worldwide phenomenon, the biggest selling drink in europe. even though it is difficult to open. capri sun. mohammed ali used to advertise it in the 1970's saying after he had done boxing, capri sun was going to be the greatest in the world. it is owned by hand peter wild. -- hans peter wild. the 526th wealthiest billionaire. i'll take that. he has got $3 billion. he owns the majority of wild flavors. but also kpr. we know that there are $2 trillion of deals have gone out. kkr owns 35%. >> thank you. as russian equities rally from losses earlier in the year, m&a falls to a four-year low. we will have more on russia's deals after the break. ♪ >> welcome back to "on the move ." 14%.s are down more than the

that is actually one of the revenue streams for archer daniels midland.are number one in this. they didn't get capri sun in this deal. >> when you talk about high fructose corn syrup, that gives me a segue for you to tell us what is going on with the corn crop. a lot of farmers may wish they could have sold even more. >> corn is heading for another bumper crop. it is a dramatic turnaround when we had that drought. you are seeing the opposite situation. farmers cut back on their planting more than 4% this year. they planted less corn and more soybeans. but they are getting a great crop or corn. the usda's looking at record yields. that is making the corn crop larger even though they have less acreage. it is driving down prices which drives down profit margins. it is a huge turnaround from where we were 24 months ago. >> what are the implications for what farmers are going to plant next season or do we not know yet? >> it has to do with supply and demand and weather patterns. farmers cannot predict the weather, but they certainly can know what the supply si

archer daniels midland, one of the world's largest shippers ingrain -- grain is volatile.y are looking both for some diversity and some stability. wild flavors promises to give them a little more of that. furtherthem a little downstream, little closer to the consumer in countries where natural foods are more common. it expands the global footprint and it gives them a little more diversity within the food industry which should help archer daniels midland get a little more consistent financial performance. >> do you remember capri, the fruit juice? >> capri sun. we used to sit in elementary school and read through the ingredients. -those currents are of that high fructose corn syrup -- high fructose currenorn syrup. they didn't get capri sun in this deal. >> when you talk about high syrup, deccaenorn be the segue to tell us what is going on with the corn crop. a lot of farmers think they could sell even more. >> koran is heading for another bumper crop. it is a traumatic -- dramatic turnaround we had that a drought . you are seeing the opposite situation. farmers cut back on

alcoa and archer daniels hit 52-week highs. starwood, also, american tower, baxter are at record highs in today's trade. they are all up at least half a percent on the trade today. >>> typhoon has passed over in japan but now the aftermath there. look at this. that is a mudslide. it was caught on a closed circuit camera near the central japanese city of nagano. people have been told to move to safe locations. thousands are in shelters now as that unstable earth puts many people in peril. sue? >>> ty, the benchmark teleaviv 100 and 25 both down just slightly today. the big etfs tracking israeli stocks falling here in the united states today on the down day. none the less, this on a day three of israel's campaign to stop hamas missile fire from gaza. this is video just released by israel's army targeting a weapons manufacturing plant. israel also attacking a massive underground network of tunnels where hamas leaders and fighters are hiding. it's also where they're reportedly hiding missile launchers. this video of gaza just came

because of this trend, this is why archers daniel midland wants to expand overseas.eso want to cash in desire to feel we are putting better ingredients into ourselves and want to have natural realm at aerials. we are drinking drinks and eating food. interestingly, it paid up for it. his is 2.5 billion euros. -- this is 2.5 billion euros. that is two thirds higher than the initial price tag in january, when we knew the owners wildthinking about selling flavors, looking at strategic options. there was a bidding war, particularly with a japanese company. >> who was going to benefit from the sale of wild flavors? it is a private business, part owned? owns 35% and they will be cashing in if they get that 2.5 early in euros. a 73-year-old gentleman, a family held company, his fame was made -- this whole company was linked with the foil pouches. >> which are so impossible for children to open. >> without spilling them all over. >> that's the problem, if you're squeezing it. comment ali did not have this problem because he was -- mohamed ali did not have this problem because

archer daniels up 2%. pitney bowes up 2% even though hey had tough times earlier in the day. it's going to be interesting to see if they can move into the green in the last couple hours of trading. >> the direction has been positive since that big falloff earlier in the day. that does it for this edition of "power lunch." >> "street signs" begins right now. >>> fear today, gone tomorrow. what a turn for stocks. in fact, as you just heard sue and tyler talking about there was a chance we could end higher. find out why we have come back so far. >>> plus, mandy and i go to war over what really caused this morning's swoon. have american restaurants reached what we're calling peak food? and some new developments around the mission industry of sync tens, that former penny stock is soaring. we've just done some reporting. we're going to have it exclusively coming up in a few minutes. >>> first, the markets. boy, what a turn around we've had. the dow is down 180 at the lowest point but right now as you can see here behind me it's only down by 47 points. it came this morning on a new

apparently, archer daniels turned out to be the winner on this one.ea. charles: after all, you cannot be supermarkets of the world. >> are you interested at all? >> i think it is very interesting. you have 18 had 18 seconds to make it to the buzzer. if you are curious, you have a good wallet and money you can burn. that is the speculation you want to make. oil down. >> a price that we have not seen since december 2009. it is interesting. the unrest in iraq has not hit the oil-producing fields just yet. the united states gets most of its oil from canada, mexico and saudi arabia. charles: no nuclear plants here. this will be a big one. >> this is a very unusual storm. they are talking straight property damage. charles: thanks a lot. time now for this week's -- that's far. you guys are pretty smart on this one. so far, looking pretty good. charles: he is a good act to this because you like it? [laughter] >> he actually eng discussion. he does not just scream and yell. no one takes the bait. no one buys them or makes them an offer. >> it is still actually

. >>> archer daniels midland announces its biggest acquisition ever. the green giant is paying for wire flavors the swiss food investor. they will protect itself from vol time crop prices and to benefit from the consumer appetite for natural foods. the deal needs the okay from regulators. it is expected to close by the end of the year. shares rose 1.35%. >>> expedia is buying an online travel company. it's a largest travel agencies in australia. it will help expedia expand its presence in the asia-pacific region. despite that, though, expedia shares lost more than 1.35% from $80 to $85. >>> shares have a lift after good fuse about a treatment a. new drug to treat severe pain performed well in late stage trials, taking it one step closer to market approval. so that resulted in another $10 million milestone pavement from endo international which has a licensing agreement for developing that drug. shares popped almost 39% to $13 and change. >>> apple has nabbed the vice president of sales for the luxury watch brand tag hoyer. this comes as many expect the

. >> how does this position archer daniels?cher >> it gives them a foothold in europe, or another foothold. we have seen a lot of m&a activity in the last six months. some of it is tax related. u.s. companies looking for place to park cash to gobble up assets. this is not one of those. adm were to take over this company and then hoard quarter it -- headquartered in luxembourg and filter their taxes through it, it would be analogous to pfizer and astrazeneca. this is not that. this is a company that wants more of a toehold in the natural market and the foods market. >> hans nichols, thank you so much. it is a big week for the market. watching murders -- mergers and acquisitions. futures are poised to open lower. kicks off the earnings season unofficially. unemployment drops to the lowest level in six years. this causes speculation that the fed may raise rates earlier than expected. for more, we are joined by joe keeley who covers the markets for us. >> last week, we were building up to the jobs report and unemployment numbers. n

archer daniels midland is making its biggest acquisition ever. is paying $3 million in cash. they also make a product you may be familiar with,capri-sun. uber is temporarily cutting prices by 20% in new york. there was almost a collision. andssian jet had to pull up landed safely shortly thereafter. >> you might think the rain over the fourth of july weekend would've sent families flocking to movie theaters but apparently it did not happen. ticket sales over the holidays fell nearly 45% compared to last year. dismal attendance is compounding a rough summer movie season. let's go to jon erlichman. why aren't people going to the movies? this winter they said it was too cold is it to sunny? >> you have to listen to those customers. simple answer is that the customer is always right on the customer has not been that impressed with the summer line up and the numbers don't lie. the summer box office season is defined from the first weekend in may basically, to labor day. there were some studios avoiding july 4 because when it falls on a friday, that me

archer daniels midland hit a six-year high after the company said it will buy wild flavors for $3 billionthe products is capri sun juice drinks. more on the markets in 30 minutes. ♪ >> welcome back to the second half-hour of "btottom line." i am mark crumpton. thank you for staying with us. we have dealt with technical satellite problems. part -- professor at dartmouth. rudelywe were so interrupted i was asking janet yellen, she told everyone she would keep an ion wages come and not non-foreign payrolls. why are wages still stagnant? that the markets aren't listening to her, i suspect they're not following the data. that is what we will concentrate on here. the labor markets complicated by how the economy is complicated, not least because all these people left the labor market. the question is, will they come back cap out how should we interpret the fall and the unemployment rate? the answer is it is pretty complicated. if the economy was getting back to full employment, we would expect to see wages rising. thursday great non-foreign payrolls. with all wage growth remaining flat. has not

archer daniels midland moving to a new high, stock is up over one and a half% throughout the day ands is on a big deal. they are known for greens and crops and soybeans and actually has about $90 billion in annual revenue from that. however, crops fluctuate in prices and now they are making their biggest acquisition ever and this is all about natural ingredients and so they are now acquiring a company called wild flavor, a $3 billion all cash deal and they are seen that ingredient are actually higher-margin business and this will help them in everything from bars and it shakes and protein drinks and the likes. so you see them really trying to expand on its current business, which is huge and only to make it even more lucrative. cheryl: thank you. move over to let and shipped , there is a new player in the razor game and it once to give competitors a shave they will never forget. this new brand called harry's is challenging the big boys and cutprice rivals by by selling quality products for affordable prices. it's cheaper and nicer and who wouldn't opt for this option? here is harry's

interesting, at least for freeport-mcmoran which actually hit the high, it has since pulled back but archer daniels% to the upside. sanderson farms, names hitting new record highs. that worth at least noting, 52-week highs. adam: speaking trading higher, united continental buck the trend, fasten your seatbelts. >> no doubt. people were really surprised at this move, adam. up 12.8% on a day of pretty crummy market. [closing bell ringing] great numbers out of united on heels of american yesterday. adam: bells are ringing on wall street. let's look how stocks are finishing the day. you can see the dow, although down 70 points hasn't settled yet. we fought back as cheryl pointed out from being down 180 points. you have nasdaq down 22 points. s&p down eight points. we still have guests coming up who say, hey, s&p 500 and 2000, even 2100. get ready. "after the bell" starts right now. cheryl: let's get into today's market action right now. we have got craig johnson, piper jaffray senior technical analyst who thinks we won't see a substantial pull back anytime soon. the patrick kidser, grand did i wine glo

archer daniels yesterday, wildflowers ap kwa zig wildflowers acquisition. i like staples. >>> and pete najarian and a trade that hasn't gone well. stock's down. pete what are you doing? >> you can see exactly where. look at the chart. where we talked about it, scott. it's not. did initially. a nice pop out of it. if you didn't get out, i did not get out. holding on to some delta. the trajectory, the options reduced. some say, what do you do with them now? at this point in time -- cts exactly wa i'm going to say. >> at this point in time, give it time and see if they actually can produce back for me. i'm seeing paper in delta today. i remain bullish because of that. a harsh sell-off in the airlines. they're coming back for more. because of that i'm sticking with this trade. move on to today, though, scott. look at micron. look at 2013. stock went from $13 positive t. start off the year at $21. it's moved to the upside ever since. right here where the stock actually hit right at those 52-week highs. $34.50. closed around $34. then, look at the next three mont

archer daniels midland laid off 1,200, texas instruments nearly 2,000, signa 1300, verizon cut 1,700 jobs, marriott announced hundreds of layoffs this year, international paper has closed plants and laid off dozens, including a big plant with a thousand workers or so in north alabama, and general mills in what "the minneapolis star tribune" called a mass layoff, laid off 850 people this year. more still. i'm quoting from mr. byron york's article. in all, it's fair to say a large number of corporate signers of the letter demanding more labor from abroad have actually laid off workers at home in recent years. together, their actions have a significant effect on the economy. according to a recent reuters report, u.s. employers announced 50,462 layoffs in august. up 34% from the previous month. and up 57% from august of 2012. so this was last august. i'm quoting from the article. quote -- "it's difficult to understand how these companies can feel justified in demanding the importation of cheap labor with a straight face at a time when tens of millions of americans are unemployed, writes

archer daniels midland may be nearing a deal to buy the maker of cap re-juice -- capri juice.will be the biggest takeover and will help the firm diversify and expand its international presence. while the decision is not vinyl, it may be announced soon. san miguel and tingling its acquisition spree. -- is continuing its acquisition spree. a possible target is in an energy form. companyippines largest has spent $8 billion and decades -- takeovers over the last decade. i'm zeb eckert. >> now you see it, now you don't. google has removed some search results. roz is here with more on this. is this in keeping with the spirit of the new -- eu ruling> >> the e.u. decided they back the right to be forgotten. individuals can request to have irrelevant or no longer relevant data about them deleted. members of the public rather than huge corporations. the bb economic editor wrote i blogged -- wrote a blog in which he talked about how the ceo was forced out. merrill lynch was on the brink of collapse. he says he only mentioned one individual in his blog. there hasible that -- been no comme

some breaking news -- bloomberg has just reported that archer daniels midland is close , theting wild private health lares company based in switzerland, poor $3.4 billion. -- the ownership is in partnership with kkr and had been considering a sale back in january. the deal could fetch as much as $2 billion back then but now there is a bit of a bidding war. one of its rivals have also been in the hunt and it appears that adm as out bid another company and the price will be close to $3.4 billion for wild flavors. in the meantime, most people think of the fbi as a force.terrorism that is how we look at it since 2001. this is the same organization that investigated savings-and-loan scandal back in the 1980's, michael milken in the 1980's and enron most recently rise roger rotman -- raj rajaratnam. where does financial crime that on the fbi priority list? i talked to the assistant director in charge of their new york office. >> it's a huge responsibility. street and it's a high priority for us in manhattan. i can tell you our white-collar crime resources in general rival the terrorism. >>

. >> far from a merger monday but we have a deal, archer daniels midland agreeing to buy switzerlandased company, wild flavors, about $3 billion, the sixth largest flavor provider. it expect to close the deal by the end of the year. again, we are in the midst of a very robust market as we've talked about many times over the past few months. i would expect that to continue, but doesn't appear a lot of work got done over the weekend but we look for monday announcements which don't occur quite as often. i haven't done the statistics, one of those many firms can do it. maybe they don't feel like meeting on sundays and wait until monday, the workweek. we expect consolidation to continue and this morning this deal an important one a private one owned by private equity, which is also been looking for its exit through public offers, likes of which many we've seen here. >> it's also a food deal and it continues on the theme, consolidation in the food industry. the company makes capri sun and some ingredients and stevia based ingredients, all natural, organic, that's what in. the consumer has

agribusiness, big companies like cargo, archer-daniels midland go into mexico, sell corn under the price of production where a small farmer cannot compete. and then what happens after that is someone will lose their livelihood. when they lose their livelihood, like anyone who loses their livelihood anyway, they look for a place. and on and go look for a job someplace else. that has served -- [inaudible conversations] >> what your saying is the reason there are more immigrants coming appears because we brought more men down there and that stimulated the legal and put? is that what your saying? or just tell me this, what should we do? what should we have done to try and stop 12 million people from coming in here? i would really like to know your answer to that. >> i mean, i was trying to explain it. >> you weren't really doing it. you were way off the question. just give me as -- [inaudible conversations] [inaudible conversations] >> what would you do to stop them from coming in? >> well, for one, i think the west on track to answer your question if the way that that is looked at now is th

daniel because he's given another shot in another county. >> the suffolk county jail has almost been a second home to cindy archer but today she'll have anotherput it behind her. >> i'm leaving. i'm going home. i'm getting discharged. >> you are? >> yeah. i'm excited. i'm going to do the right thing, i'm going to stay clean. and i'm not going to come back. i'll remember where i came from. >> what's the first thing you're going to do when you get outside? >> i'm smoking a cigarette. you know? okay. bye, kirby. >> as she is processed out, archer gets to exchange her jail uniform for the street clothes she was arrested in months earlier. >> my pants fit me. imagine? >> let's go. >> bye! bye carey. i will, yeah. all right. my god, my god. this is the best feeling in the world. is to get out of jail, i'm in here nine, almost ten months on a year. >> you want to go home? >> yes, yes, sir. oh, i'm going home. 100-354. thank you. my release papers. thank you. >> take care. >> okay, this is my stuff. i'm going outside to smoke right now. >> archer has arranged to stay with an old boyfriend while she gets on her feet. >> i just got out just now. i'm on