in even of nuclear war you can eat everything that conagra has.t want that we want fresh and natural. >> they blame execution shortfall, they blame the dollars, they blame the courts. >> blame yourselves you've got the wrong brands. campbell bought this bullhouse. when i got them home there's nothing owned by campbell's. when i googled them oh my does campbell's know this stuff doesn't keep? you have to refrigerator it. >> it's been cisco and apple. it's been kellogg and coke. all of the packaged foods. >> you look at whole foods and you recognize that whole foods is back. and whole foods does not sell a lot of the companies blowing upright. i don't know if you guys went through the transcript of the quarter, i still regard them as believing they have the right project. they've got a project. all of these food companies, they always have a project going on that's going to surprise people. in the end, it's the dogs won't eat it. you can put a new label on that dog food new and improved, but when you put it in front of them, they don't say that they

shares of conagra are tanking. citing a strong dollar and weak sales also appointing former hillshire brands chief as its new ceo. and then kraft switching up its maker this morning. announcing that its cfo and a couple other senior executives will be leaving the company. kraft also reporting a loss of $400 million. the stock falling on that news. shares of aig dipping after profits reporting -- reporting profits, rather of 90 cents a share. aig also announcing a $2.5 billion stock repurchase program. so with all that we're going to go from a freezing new york to a very balmy pebble beach in california where becky and joe are. i wish right about now, given the weather, i was with you guys. >> yeah. toif say this year is definitely worth it with the weather, andrew. we have a very special guest with us this morning. what do netflix, sonos, and stripe all have in common? they are all funded by one of the valley's hottest venture capitalists. jeff yang. he has been named to the forbes magazine midas list. joining us n

sean conley takes over for conagra. >>> shutter fly falling in the after hours.in better. fourth quarter sales came in better. they announced a share buy back program of $300 million. here's the thing. the first quarter earnings and sales forecast are on the lighter side of analyst expectations as are the full years earnings. shutter fly down by 4%. back to you, shelly. >> i'm trying to resist saying something about conagra and sean connor ri. cheap gas prices are having positive effects on america's pockets. >> we're leading the site about dry shale. a lot of people don't realize that the shale wells actually drain out a lot quicker than regular oil wells so between rigs dropping and oil prices falling, we might all of a sudden have a production problem. number two story on the hot list today, amex and costco apparently couldn't reach a deal, by the end of march if you go to costco and try to use your american express card, they could say, sorry, we don't take that here. that usually happens in restaurants and stuff. apparently the high fees did it. kelly, we pu

. >> conagra is cutting it's out look. they also blame the u. s. west coast port dispute for lower exports of some products. the maker of chef boyarde has named a new ceo. campbell is also cutting it's forecast citing the strong dollar. sales growth will fall below long-term targets. conagra down 6.5% and campbells down 4.5. >> can the u.s. ever become energy independent? after the break why he thinks that will never happen. >>> welcome back. germany's dax reaches new highs as the country's gdp comes in much higher than expected. fighting continues in eastern ukraine but all parts of the deal will be implemented and greek bond yields edge lower as the government vows to do whatever it takes to reach a teal on debt. the u.s. will never become energy independent. this according to the new ceo of the french oil major total. speaking in a special interview patrick said that major economies would always have to rely on the middle east for energy supplies. >> the u.s. are still waiting on oil from the middle east. they'll be independent. yes the producti

con da conagra, and it would kill the old dog's precious spending discipline, the only answer for thepanies is to buy one of the to companies and play reinvent themselves on the fly. otherwise, it will be one quarter after another of disappointment. mix they low balled the guidance. let me give you the bottom line. are they smug? are they satisfied? are they clueless or desperate? might be a bit of all four? you know what they are? one word irrelevant. rocksy in pennsylvania rocky? >> caller: hey, jim, happy belated birthday to you. >> thank you very much, what is going on? >> caller: well, what do you feel the long-term is now for krogers since morning staff does not seem to give it more than a one-star rating? >> that says more about morning star than them. it's sensational. i happen to be in a kroger this weekend. i center on tell you that place rocks. i would not bet against kroger, even as it wow at 72, there's a recipe in the food business. these three giants have become irrelevant, more "mad money" ahead, including the stock behind the ebola vaccine, i will talk to the ceo abou

even mcdonald's kellogg, conagra, am i right, is the premise of this story correct are we indeed shiftingsh and organic? >> yes. absolutely. and it's -- if you look at special k from kellogg. right? not a lot of calories in that cereal. healthy cereal but people are picking up the greek yogurt. they want protein to fill them up. they're doing the same at lunchtime. >> there's a shift in taste. we're all shifting. not just youngsters. >> it's going beyond millennials, yes. >> i wouldn't put mcdonald's in that category. people aren't buying mcdonald's because they got into businesses they don't understand. you don't go there for healthy foods. the market works. these companies are adjusting to consumer taste. yet another reason why we don't need public health authorities and government to tell us we're going to ban trans fats and you can't have big sandwiches. look, the market is adjusting. as people get wealthier and we are after all the wealthiest nation on earth, they want to live better. and this is just a manifestation of that. stuart: it worries me when standards change like for chole

his wife shirley, is a well-paid executive at conagra foods.d the anxiety. >> stay at home dads are discovering that when they find other sta them, they feel more competent in their own self they feel more confident in themselves. they enjoy the camaraderie. >> when you look at your husband, you don't see him as less of a man because he's not a >> no. actually, more because he's willing to, you know go beyond what the stereotype would say is required of a man. >> a separate survey by boston college found that a majority of working men wish they could switch places with their stay at home wives if it was financially feasible. watts says it's surprisingly doable. and he's written a book called "dads behaving daddy." a compendium of stories dads im have to tell. >> you are never tempted to hit the martinis about 4:00 in the afternoon? >> i say no comment to that. >> watts does the cooking, the laundering the housekeeping and, of course the schlepping to soccer practice. in addition to his parenting tlc. >> now do you pinch yourself and think about

. >>> conagra foods and the company name the new ceo. there you see the stock price down 4.5% today. purchasing the organic food producer applegate farms. that deal pricing up to $1 billion. hormel has grown 23% over the past year auz see there. red progressin shares regaining lost ground after missing earnings and on the top and bottom lines. the stock had increased nearly 6% in the past 12 months. it's a little bit higher today. manned where i. >> let's get back down to brian in galveston, texas, since he has gone all that way. you have been taking a look at how one particular restaurant owner is cashing in. how is he doing this? >> well, there's a lot of comparisons to make in 1986 given the steep drop in oil. most people say it's not nearly the same economy as it was. he found awe way to go back to 1986 in a light-hearted way. take a look at this. >> steve zimmerman has seen it all. oil booms and oil busts. >> i'll show you there's great stories. >> all from a his pip is the owner of one of houston's finest boutique hotels and restau