sarah eisen with the details. >> reporter: a beat for coke and sowt of the best g we have seen in the entire consumer staples industry. organic growth which is the industry metric up 6%. why? coke is growing eecially coke zero sugar growing double sugar. dooit coke i resonating with millennials after declines thanks to newvo flars and slimmer packages. sparkling water and smart water continues to do well. those are some highlights. and it really was a global story of strength. andhat's been a moreom difficult ec environment around the world. >> clearly as we have gone throyeh the , the headwinds have got a little tougher. the macros around the world are perhaps sof a little, particularly in some of the emerging markets and comin into q 3. and we have seen that affect us in t exchange rate obviously being in over 200 countries we bring money fm around t world back to u.s. dollars. and that's gone against expectations and turned to more of a headwind in the second hf of the year. >> the strong dollar s ved off points of coke's profits. but the take away, the company urimplemented a arou

for nightly business report, i'm sarah eisen. >>> the fd a a grants breakthrough therapy snapgs to clovis's experimental extremist. where we begin the market focus. the cancer drug maker said the designation for the prostate cancer therapy was awarded based on initial data from clovis's ongoinf studye drug. the new status is intended to speed up the approval process for theat tnt. shares of clovis on college rose more than 7% to 31.39. >>> payroll. er paycheck said higher revenue in the services segments helped total sales edge past expectpaions. the c also topped earnings estimates. shares rose more than 1% to 74.78. delta said that it took a $30 million hit from hurricane florence. and its facing rising fuel costs. there is a chance that thets airlines pro for the quarter will miss expectations. separately its rival united continental gave a disappointing earningsoutlook. shares of delta off 3% to 54.69. united katinale shares fell 1% to 86.71. >> after the bell right routers reported that mattress firm could file bankruptcy this week. they add the the largest maert retailer is looking to

sarah eisen looks at p&g's better than expected relts. >> investors cheering proctor & gamble's best gwth in five years. the ceo david taylor says when the improvement the are seeing it's broad and global. >> yes, a lot did come together in terms of the absolute tom line growth. but what you see in this trend, months ago, six months ago you saw north america, u.s. rather turning positive. now we ar positive on share on pass one, three, six months. you'veeen this the sequential improvement in china. now at sequential improvement in the -- our latin america business. we are starting to overcome some of the very invite headwinds in the middle east. we are making good sequential progress on india. but it's really focused on superiority of the brands across thee elements talked. and the productivity helped h offset wha been a very difficult external environment. >> the take away, this quarter is alection of both a better global economy, especially in theni uted states, and p&g's s turn aroundtrategy starting to bear fruit. at explains the growth that the company saw in its beauty business

keep in mind he's taking it to levels we saw in june. >> thank you, sarah eisen.nch" a look at next on "power lunch" a look at what is behind the big firm' ♪ daddy, mommy's on the phone! push to get them on board. how are you guys? at&t proudly offers wireless and tv discounts to military, veterans, first responders and their families. visit att.com/hero. big corporations are making and just got a huge tax break. but the middle class is struggling. prop c is a common-sense plan. the top 1% of businesses pay their fair share to tackle homelessness for all of us. companies with revenue greater than $50 million pay, not small businesses or homeowners. the prop c plan is supported by the democratic party, teachers, and mental-health professionals. vote "yes" on c. big corporations pay for it, not you. >>> well, let's get a check on marks right now the dow down about or up, rather, by about 130 points, down about 20 points in the last minute or so here. can you see the s&p 500 up five points, the nasdaq up about 12 the relative lager tech lagging the overall mark how i

street,"" former fed vice chair stanley fisher added another brick in the wall of worry with our sarah eisen. >> there is one big threat on the horizon anded that the trade war which we may or may not have with china it's not something in the president said trade wars are great. you can win them easily. >> you disagree? >> i don't think he knows what a big trade war is about >> joining us now, steve grasso, who is the director of institutional sales, a fast.trader, rich weiss, chief investment officer at multi-asset strategies at american century investments it's good to see both of you guys today let me begin with you. what did you think of mr. fisher's comments? did you think trade wars is one of the biggest driving factors >> i think it has been all the investor polls as of lately have said it's now more about rates and the feds by about a 2-1 concern ratio. so coin taking a step back, feds taking a step up but i still think that both of them are vying for a lot of attention in the marketplace, at least on a day like today. >> we seen a big slide in asia and european stocks. rich, when yo