pared it's gains after reuters reported that mondelez has not heard from kraft-heinz. a long time, 3g, they went after heinz, went after kraft, combined them, is looking for another target. mondelez is top of that list. it has the international exposure, strong brands, synergies with cost cuts. according to investors, hedge funds the deal makes sense the as for the timing now, the reliability of this german language swiss magazine -- >> odd source. >> kind of hod odd. seems like it's being watered down. >>> our top trending stories. jimmy kimmel revealing how much he's getting paid to host the oscars this year. yesterday the talk show host saying he will make $15,000 for the gig. kimmel adding, you know why? i think it's illegal to pay nothing. we're surprised at how low this is, is that right? >> i'm surprised he admitted how much he got. >> i think $15,000 for one night's work is a hell of a lot. >> it's great exposure. how cool is that to host the oscars? i would do it for free. >> this story implying it's too little? >> people are surprised. he makes 10 million a y

remember kraft merged with heinz to create kraft hooinz which is a slow-growing pantry based companynt to give you a high yield. because people liked the franchise so much and cost-cutting that goes with it stock yields less than 2 .8%. more importantly, kraft heinz, which you can follow along at action alerts plus.com has been rallying talk because it will buy back mondalese. that's how much people like that company to do acquisitions. i know the split left kraft without the growth it needs and i know the heinz people now running the show don't really care about whether the antecedents were together before. the break-up weeasn't their ide. plus, i always thought that think would make a terrific acquisition for coca-cola, which is way too reliant on beverages. a merger would give coca-cola the same profile as pepsi cola, which gets a lot more respect for its growth these days than coca-cola because of frito-lay. there is about a $700 million market cap versus coke's 800 million. now a new ceo coming into the company. no sign whatsoever that new ceo will deviate from the decision to n

kraft-heinz, march of 2015.me think this is a little fast. >> that's when it closed. >> people suspect if they do something, it might be early next year given the way they do these things. but there's no guarantee that mondelez will be the name. >> the market always latches on to that. sort of the strategic rational is there. mondelez has great international exposure. >> it's the old company. it's putting back together the old kraft. >> also still a lot of cost synergies, brand overlap that would go nicely together. also not a trust or a family in charge of voting shares, unlike campbells soup and kellogg, some other -- >> or hershey. >> some other targets in question. >> or hershey. >> general mills always comes up as well. >> they have the partnership with nestles which can act as a difficult deal point. >> also more domestic in the u.s. like craft. >> we'll see. stock still up almost 5%. yeah. bollans. now that we mentioned their name, maybe salt also go up for that m sales will go up for that magazine. >> eu

cooled off after mondelez said it had not heard from kraft heinz about any potential takeover.d, steve. it's -- they made it up. >> and it's a terrible thing in russia, apparently. >> exactly. >> i have stories about that. >> you do? >> well, not -- >> wait until we go to break. mondelez says it doesn't believe is proof in the firm. what is it again? >> i don't know russian. >> no. the way they came up with it. >> delicious world, yeah. >> the world of delicious things is what it meant. >> i'm lost. >> but they mishmashed a bunch of latin words to get it, supposedly. >> don't you think it would be great to watch on tv people doing the jumble. >> yeah. that -- i mean, i haven't gotten the answer. >> okay. let's talk about the fed hikes today, guys. get to mr. leisman. the fed hike rate -- the fed hiked rates -- >> they'd rather watch this. >> but also indicated it could raise rates three more times next year instead of two next year. >> there was a company in russia that sold jam without condoms. because the word without preservative. and the western company was selling jam. the

. >>> mondelez shares spiked after hours following a report that kraft heinz is planning to acquire theck company. mondelez was split off from kraft in 2012. mondelez initially rose 10% and extended hours after, ending the regular session down a half percent at $42.83. >>> and shares of express scripts didn't expect the trump presidency to impact fiscal 2017 forecasts. shares dropped 3.5% to $70.52. >>> department of justice reportedly filed the first criminal charges in its generic drug price fixing probe. as first reported by bloomberg, the agency accused two former executives from privately held heritage pharmaceuticals of colluding with other generic drug makers to fix prices. these are the first charges stemming from a two-year investigation that involved more than a dozen companies. >>> pharmaceutical executives are meeting in washington to discuss one of the most pressing issues in health care. rising drug prices. finding a prescription for the problem is complex, and as meg tirrell reports, industry leaders are preparing for a lot of change under the new trump administration. >>

international share, they are soaring, rumors hot they have kraft heinz will take them over, people believe that will resurface. small company, but intriguing. up on strong earning, driven by architectural business, housing bubbling they come on, and upbeat news from pier 1, those stocks are soaring. now maybe, they wouldn't say so at dartmouth but when demand for bamboo wicker and candles improve, it has to be a good sign for the economy, if nothing else it is a groovy thing. meanwhile i have breaking news, yahoo! admitting that it has been hacked again, announcing that hackers stole data for more than a billion users, and it happened in august of 2013. separate from that hack that was revealed in september. if you have information at yahoo!, you are worried tonight. >> coming up china spoiling for a fight, hinting it is going to punish american companies, so the ball is back in donald trump's court, we'll be right back. ♪ [vo] is it a force of nature? or a sales event? the season of audi sales event is here. audi will cover your first month's lease payment on select models during the seas

. >>> mondelez shares spiked 12% in extended hours trade amid speculation that kraft heinz is looking to acquire the confectionary company. mondelez stock has since pared some initial gains after reuters reported it has not received an approach from kraft. mondelez has been under pressure from william ackman to speed up revenue growth or sell itself to a rival. >>> joining us now is head of european equity strategy from ubs nick nelson. thank you for joining us. we've been through fixed income, looking at the dollar, of course we want your view on equities. what is your reaction to the fed decision? i think it was clearly a move that was fully priced by looking at the futures markets. the move on the dots that people seem to focus on dramatically from two to three hikes next year may have unnerved some people. we're still thinking we'll get two hikes next year rather than three. there's a risk that it's quicker. from this level, i think it's okay. we're starting from very, very low interest rates, even bond yields, despite the back up to 250 on the ten-year and u.s. treasury, these ar

. >> caller: my stocks are paycheck, cvs, kraft, heinz, progressor and gamble and verizon. i diversified? >> okay. this is a good question. you pre faced saying if they are all bond market equivalents, so to speak we have a rate voirmt. these stocks did get hurt. paycheck, cvs health consume verse pro money in the pocket. kraft behind, they may be doing a deal. verizon got a higher than expected yield, ploktor has many things internally. i will say they are diversified enough. up with is food, one is cotton, you know, mostly diapers, soap and stuff. so you got a telco, a food, a consumer product, a drug store and a payroll processor. i'm fine with it. many buy yields. they have growth. let's go to ohio. >> caller: hello, how are you, jim? >> i am really good, how about you? >> caller: thanks for the load, this time i have key bank, valero energy partners vep. hanes brand hbi in there interesting. >> and golding glass, glw. >> co-i did a piece the other day about the bank stocks getting down graded and it keeps flying all right. we got energy, just i like that. we have corni

the idea of the multinational with 75% of its sales overseas, a lot of talk though as well that kraft heinzlso mentioned, and mondelez, should get together. recreating what was the original kraft, which you knew well. do you think that deal makes sense? >> look, i'm on the board of mondelez. i hear the rumors that you hear. i know nothing more about it than that. i think mondelez is doing a great job on their own. they've gotten margins from 11 to now going to 17, 18 by '18. that's a 50% increase in margin. look, they're doing a great job. if someone wants to come in and make an offshoot of the company, i can't stop them. that's life. it better be fair. it better be right. and we'll take them on as a board. >> right. well, other companies of course that you also have had continued investments on are dupont, which is in the midst of this deal to merge with dow. >> right. >> a lot of doubts to a certain extent on the regulatory front. not just here but in the eu as well. are you still confident that deal's going to be approved? >> look, i'm positive about it. i'm positive that it's going to c

the global snack giant may be acquired by kraft heinz. reported on the takeover.chandler global give us his take on today's interest rate increase. this is bloomberg. joe: the bloomberg dollar index at a record high. ther raising rates for first time this year, more on let's bringmarket, in our guests, mark. what is the big thing? one is your number take away? >> the ecb indicated easing policy further by buying more bonds for longer. , the germannce two-year fell to record lows. a big divergence. we have to get past a lot of uncertainty. how does it shape out? then we get into next year. elections andpean each one a populous person could win theoretically. each time that happens you would expect there to be less of a market impact. brexit shocked everyone by the time was the italian referendum it was barely a shrug. >> the defeat of the referendum is not really an anti-european vote. the next one, the dutch. we have election the papers part of next year. i think that is the focus. what has cap does at peace. there has been integration and a weakening of nationali

yesterday after the close, a delez could that mon be acquired by kraft heinz.ares are lower, on pace for their worst day since january. we see the big decline as it is bed verizon may reconsidering the price of the acquisition -- the merger to buy yahoo!, or they may exit the deal altogether. it is worth noting, though, yahoo! may be down today and on pace for its worst day since january, but on the year, it is a different story. shares of you who are higher by 50%. oliver: good perspective. thank you so much, abigail doolittle. scarlet: let's get to first word news. emma chandra is in the newsroom. a top candidate for chairman of the white house council of economic advisers under president-elect donald trump according to "the wall street journal" according to people familiar with the situation. the transition team at the president-elect is looking at u.s. navy admiral michelle candidatea possible according to "the new york times" which did not say where they got the information. she is the first african-american woman to command a u.s. navy ship. secretary of

have a sense of maybe what he wants to buy, the food industry with kraft heinz. what industry he will look at. successor, which is becoming more of a focus of the story, i think he needs to involve that person a little more. maybe they will have a little more of a say and that will bring back that trust that investors will need when that person ends up taking over berkshire and it is no longer warren buffett running things. it is important from the standpoint they are generating so much cash so i think the next deal will be a big one. there were no cancers. we found there was a study from a few years ago that said the fewest number of ceo's's were born in the month of june and july. the cancer side. if you are a cancer, you will not be the ceo. comedy --e fast commentary, bloomberg gadfly on the web. 's oil prices could drop. more on how that deal could unfold. this is bloomberg. ♪ david: live, this is bloomberg markets. more than 10% this year, nike has gone the other direction falling more than 18% and analyst sent investors worry about market share losses to a

heinz was taken private 2013. they merged with craft last year. -- they merged with kraft last year. and much more ahead. resorts folding its plan to spin off international assets. we will have details of their new move to cut the dead. this is bloomberg. ♪ ♪ >> this is "daybreak: asia." i am betty liu in new york. yvonne: crown resorts has scrapped plans to spin off its international assets and instead will be disposing of its stake in the macau casino operator melco crown. shery s thahhalatest on the story. to this detailing of -- it was one of the factors. might have been a conjure beating faster just because crown resorts has had lots of issues in china including the fact that the macau casino operator crown melco crown hasn't been doing well just because of the downturn that has been going on for the past two years. of course we are seeing a bit of a recovery but crown resorts has had its issues in china so the was thatdea here australia's crown resorts would off itsof its or spin international assets including that $2 billion stake in case now -- macau casino operator melco crown p now they are scr