every time have i written pepsico off, it has reinvented itself, bought something, spun something off, created something, boosted something, slimmed something, and almost every time they've been dead right. and that's what makes for a great long-term investment yes, vibrant, yes, creative. sure, you can nitpick about the growth of frito-lay or the net growth of carbonated, but pepsico delivers time and again. i mention all this because every bit of that institutional knowledge that i've earned is now meaningless in the face of the instant analysis stories that appear as soon as the earnings report is released at 6:00 a.m the typical gave you a typically strong quarter, yet within seconds i read a half dozen articles about how they missed projections. others made it sound like coca-cola is killing them. [ gunshot so others portrayed pep as a way ward loser, because frito-lay was half a percent light all garnl, people. but that's how reporters write so they can be the first in the news cue their an unseasoned bunch of jokers, but i'm jimmy chill, so i don't say those things i stick to m

sara eisen is here along with the pepsico ceo. >> good morning, hugh.for joining us again. >> good morning. good to be with you all, sara. >> so good quarter capping off a solid year i wanted to zero in on the beverage business in particular in north america because it came in a lot better than analysts expected and has shown a lot of improvement, even with coca-cola upping its game and its performance. what are you doing there to turn it around and how sustainable is it >> yeah, we feel very, very good about north america beverages and the performance for the year if you go back a year ago we talked about the notion of the company pivoting to growth so a little less margin focus and a little more orientation towards growth we look to invest back in the business under a framework of faster, stronger and better. faster being more advertising, more feet on the street selling. we organized the business to get closer to the customer and frankly it's working really, really well. the advertising is paying off. if you saw the super bowl, it was awfully hard to

. >> pepsico, that was one miss.e sense gulf breeze, by the way, is beautiful. just so you know complete the circle, you know what i mean? okay microsoft, class of the field tech i'm calling amazon an all around retailer j&j. one of the best pharmaceuticals have you noticed that these have been percolating despite the lawsuits pepsico, charitable trust name and cisco was disappointing. you cisco and microsoft. we're going have to eliminate cisco and go with about a industrial, because the industrials have gotten hot again. it's time to pick up honeywell doing a terrific job, despite slowdowns across the boardch ofa tony in california, tony tony, you're up. tony tony maria? tony "west side story" joke tony okay >> we're going get scott. >> why don't we go to scott? why don't we go to scott in my home state scott? >> yes >> go ahead, you're up >> caller: am i diversified? ntlx >> uh-huh. >> caller: ring central. >> can i help you? >> caller: preventas, disney and apple. >> okay, let's do some work here we've got an oil

>>nestle procter and gamble pepsico unilever and clorox all trying to get consumers to switch from singleable packaging and they trusted this man to help them do that we're going into a proctor and gamble in saying reinvent the packaging of these world famous products completely bill production lines to fill this reinvented package owned by the way i have no proof if anyone is going to bite at all, but they said yes because they know that there's a garbage crisis and they really don't want to contribute to it tom psaki is he driving force behind loop describes as a 21th century milkman. >>the service cells brand-name goods like detergent shampoo grazers and ice cream all in reusable packages, here's how it works you pay a refundable deposit for each package you use the products and send the containers back to be cleaned and refilled. >>we've invested so much time energy people resources and dollars because as we think forward to the future, we know consumers will demand more recyclable products so far the company claims loop is used by more than 10,000 people. next year, lou products will

go to shipstation.com/tv and get 2 months free. >>> first on cnbc, pepsico today.91 cents a share, 4 cents above estimates revenue slightly below wall street forecasts joining us now is lynn good, ceo of duke energy very close to an all-time high, lynn over the years, very consistent dividend, i think, around 4% also, i think $50 to about almost 100 now over an eight-year period of so. so something that people looking for yield and safety could definitely go to duke energy, i would think. would you suggest that as a core holding? >> i would agree and i've lost audio. >> you've lost audio that's not good. >> maybe i can talk for a moment about the stock. >> have you got audio or do you want us to go to break we'll go to break and come back because, you know, in a yield starved world, there's a reason why utilities have done pretty well we'll try to get the audio it's hard to interview someone -- what's that. >> we will go to break. >>> we'll go to break and get this fixed with the audio. >>> also who will win with wall street with the 2020 elections which money is g

. >>> pepsico is releasing weaker than expected.rl cert to the cfo and vice chairman about any potentially impact from the coronavirus since they have a plant in wuhan. >> distribution is a bit of a challenge, but we feel like we're getting it back. it will have something of an impact on the china business for pepsico overall, china is less than 2% of the overall company. >> johnson was optimistic about the u.s. economy, saying that the environment has been healthy. he said her typically prudent about our guidance is they always lowball it and always end up beating it, but i think the pepsi/kraft-heinz juxtaposition shows when -- i ate a half bag of these news cheetosflavored popcorn that came out from frito-lay, and they're doing this flaming hot thing on everything, which is selling out. so they're able to keep prices up, innovation strong, and a number of other consumer companies have do that as well it's not just as mondo lease, but really a lot of them it's been busy cutting costs. >> i thought the pepsi call with hue johnson w

pepsico was acquiring both lots, specifically for a taco bell franchise.rned of this fact. --, we were somewhat alarmed, not just because we are being displaced, but the economic impact, the negative and adverse economic impact it would have for the 24th street corridor considering the food establishments that are mostly family-owned in the area. so we opted to be bold about this issue and canvassed the 24 th street corridor and interviewed or polled residents, homeowners, tenants, business owners, and the consensus was unanimous feedback that we received that we need to remain on-site. so we rallied old friends, friends of the community, neighborhood residents, and nancy pelosi, are tagged no and jim gonzalez, who, in a 90 day period, were able to generate a lot of help from the 24th street revitalization committee. i won't forget. they were able to identify $500,000 that we utilized as a down payment for the acquisition of these buildings. the idea was to make this a community asset, and it remained a community asset and it will remain -- it will continu

nestle procter and gamble pepsico unilever and clorox we're all trying to get consumers to switch fromingle use to reusable packaging with their new service called loop. the service cells brand-name goods such as detergents shampoos razer's an ice cream all in reusable packages you pay for a deposit for each package, the gets refunded when you send the containers back after you use them. the company claims. luke is used by more than 10,000 people now but it's expected to be introduced at major retailers such as walgreens and kroger next year the service expects is expected to launch in california canada and overseas. the forty-niners returned home today from miami to some to some fans at san jose international airport, it's been. >>a wild ride this season, especially the past 2 weeks but of course it did not and how most would have hoped the niners got in around 02:00pm and most of the players will clean out their lockers between now and wednesday we also expect to hear from the team on wednesday and even though sunday night was a tough pill to swallow head coach, kyle shanahan and qua

i'm not owning pepsico i'm not owning anything that makes anything. >> i would take umbrage a bit withrs with cool that's subject to debate. >> no combustion lag torque. >> as in not warm. >> now i understand. albamar reports on 19th. wait until then pete power pitch united technology. that makes sense and if there was a company that could amazoned ed, it's granger. gww. just throwing it out there. >> okay. so good discussion there the eight names. we said them so not again. lets get technical two of the names stand according to the next guest head and shoulders above the pack >> interesting. >> that's a technical term lets go off the clarities with todd gordon of ascent wealth partners. >> i saw what you did there brian nice. >> you're welcome. >> marathon, technically speaking i like it here. looking to spin off the speedway brand. also new ceo come up in april. possibly a catalyst to make the inverse head and shoulders become a reality we have the 50 and the 50. 200-week mochgt average crossing here on the weekly chart there is a possibility to move higher this is weekly down to the

nestle, procter & gamble, pepsico, unilever and clorox all trying to get consumers to switch from single use to reusable packaging. and they trusted this man to help them do that. >> we're going into procter & gamble and say reinvent the packaging of these world famous products completely. build production lines to build this reinvented package. and oh, by the way, i have no proof if anyone is going to buy it at all, but they said yes because they know there is a garbage crisis and they really don't want to contribute to it. >> tom sake is the driving force behind loop, a service he describes as a 21st century milkman. they sell brand name goods like detergent, razors and ice cream in reusable packages. you pay a refundable deposit for each package. you use the products and send the containers back to be cleaned and refilled. >> we've invested so much time, energy, people, resources and dollars because as we think forward to the future, we know consumers will demand more recyclable products. >> so far the company claims loop is used by more than 10,000 people. next year, loop products wi

writing part, this program underscores the importance that our franchise and partners in this case, pepsico, placed on providing space for community citizens to play basketball and to build camaraderie. the warriors say that this is the 85th refurbished basketball court in the bay area. the foundation was established back in 2012. >>> it is 6:25. coming up in our next half hour, president expected to deliver his first remarks a day after being equated. a look at tom: my mom always told me louder than words. she was a school teacher. my dad joined the navy and helped prosecute the nazis in nuremberg. their values are why i walked away from my business, took the giving pledge to give my money to good causes, and why i spent the last ten years fighting corporate insiders who put profits over people. i'm tom steyer, and i approve this message. because, right now, america needs more than words. we need action. z3qruz zi0z y3qruy yi0y while the middle-class continues to struggle. that's what happens when billionaires are able to control the political system. our campaign is funded by the working

higher the dow about to turn higher we have a gaggle of big time earnings cisco, alibaba, pepsico all out. let's talk about cisco, the one thing keeping the dow from being positive >> the bulls, which i am one, full disclosure i am hanging onto the position. they exceeded on earnings and revenues guidance was in line there is a ton of cash on the balance sheet, $27 billion look, the bears are going to say, this smells a lot like ibm. okay, over the last two or three years. i get that, but it isn't $27 billion of cash on the balance sheet versus $50 billion of debt at ibm they also have switched to services, which are now 28% of their business they are much further along. yes they are losing some sales in products in the hardware that they provide but it look like that is a temporary pause as we are seeing with a lot of companies back half of 2020 i am not throwing in the towel here there is a lot they can do with that cash. like ibm i would like to he is them make a meaningful acquisition, something along the lines of a red hat i know mr. weiss on the opposite end of the desk and the

they're in some of your portfolios lowe's and pepsico >> i own both.great defensive consumer play. well diversified lowe's, i guess, also in the home building products, that's where the consumers are spending their money. both have momentum i own these and i'll buy them as well >> costco and blackrock? >> my final trade last week is costco we love the membership numbers there. blackrock will continue to be able to or tick la or tick latee a profit to grow >> allergan?allergan numbers art >> we own that waiting for that transaction to close >> let's do final trades >> smh, which is the semi etf. taiwan semiconductor came out, revenues up 32%. you have to think of semis going into basically everything, whether it's autonomous vehicles, electric vehicles, everything semis will continue. a they have pricing discipline >> a lot of team are looking at that as the key to the rally itself you see just to bring it full circle back where we started, we start the program with the question are the bulls firmly in charge maybe the answer is yes, until the smh crack

pepsico is hoping to expand in china. it is one of china's largest snack food companies.aces the first set of public hearings whether the operator is fit to gaming1.1 billion sydney developer. paul: in new zealand, a warning on the 2020 earning saying the impact of the coronavirus will see a hit. the airline says the travel to and from asian destinations is being severely affected as long -- along with domestic demand. asian markets are trading lower across the board as we have the numbers of coronavirus cases outside of china continuing to rise. let's get back to our guest. joining us now on the phone from hong kong. i was asking you before about the comments from the ubs chairman on the sidelines of the g20 saying that markets are underestimating the risk from the coronavirus. pretty powerful selloff in some markets today. you think he has a point? >> i think he has a good point. remember that most production and on the demand side -- in this case, it is affecting the whole world. we might see some recovery in the second half of the year. some are underestimating the fi

pepsico is out with an earnings forecast that missed estimates.p for higher commodity costs edits beverage business unit by cutting costs elsewhere. the coronavirus is being blamed for what is expected to be the first drop in oil demand in more than a decade. that comes from the international energy agency. is iea says the coronavirus battering the chinese economy. that is your bloomberg business flash. alix: thanks so much. for more on oil demand, we have seema shah of principal global investors and kirk hartman of wells fargo asset management still with me. where in energy would you still be buying right now? kirk: i think energy conglomerates are the place to be. 3.5% to 4% dividend yield, compare that to the 10 year treasury, you've got quite a differential. clearly you are going to have some volatility short-term come about oil is cheap here. butheadwind -- short-term, oil is cheap here. the headwind on that, esg obviously doesn't like energy stocks, but it is not going away. longer-term, the oil conglomerates have value here. oila: i actuall

even someone like pepsico said it would be small, but there would be an effect on their earnings. we have to look and see how quickly we think things are going to come back, and a lot of that will depend on how fast these factories get back up and running. taylor: and with the nasdaq still near record highs, are you still comfortable investing in big tech companies, at least here in the u.s.? or has any of the coronavirus changed your investment thesis? victoria: it has not changed our strategy. some of the latest purchases that we have done in our portfolio have been tech names. amazon being one of those, apple being one of those. i would not suggest that you go all-in. i think you wait for a pullback. we have seen some pullback because of the virus. i am not sure the turnaround in the market where we regained a lot of what we saw last week, having done that may be so quickly was rushed. i would wait to see if we have pullback and then add to them. tech is the biggest gain or year to date followed by utilities. i think it is a space you have to continue to watch. the trend should