and that was exactly what we heard from caterpillar and 3m but not united technologies.gan brennan has more on this mixed picture. >> reporter: amid an on slaught of tough earnings, better than expected sales and profits and raised the lower end of its 2016 guidance. a start contrast to fellow dow components caterpillar and 3m, which also posted results this morning. on a conference call with analysts, united technologies' ceo graeg hayes, chalked it up to construction and aerospace. >> while addressing near-term challenges with the gtf production ramp up, our military businesses continue to perform well. we've also seen solid performance out of our utc aerospace systems business, and ccs. all of these guys picking up the slack. in the end, balance still works at utc. >> reporter: it suggests increasing confidence at the aerospace, elevator and controls company, which has struggled with delivery delays of its pratt and whitney jet engines. analysts say this is a step in the right direction with robert mccarthy calling it one of the less messier quarters in recent periods

there's some challenges. 3m on the other side, consumer electronics.nder armour, the spend, the spend that he's talking about in order to stay in place is really worrying people. the conference call is a very grim conference call. from the 50 people that got on it are saying what the heck is going on because they have to spend more money on their retail store and infrastructure. so united technologies which is better than expected. we've got proctor and gamble putting up unbelievable numbers, including grooming. and then dupont with a remarkable cash flow. $1.3 billion improvement. brazil actually positive because of real. ye, it's pushed back. businesses push back on the dow dupont. but ed greene told you that there was fat at that company. nelson pelz told you there was fat at that company. it wasn't fat, it was obese. it was obese. >> as you say, of course, the big future event is the merger with dow. there continues to be concern on the regulatory front. i know we'll be talking about that when it comes to at&t and time warner and their potential de

look for data today on home prices and consumer confidence, and lots more earnings, from the likes of 3m, caterpillar, dupont, gm, procter & gamble and apple. to 18-223, the nasdaq up 52 to 53-09. checking this morning's hot headlines right now...tragedy at a police training academy in pakistan-- at least -48- trainees were killed-- when several gunmen stormed that academy. more than 100 other people were hurt in the attack. around 700 trainees were at the base-- and 200 were rescued right after the attack. as of now-- no group has claimed responsibility. the ex-wife of the disgraced subway spokesman fogle is currently serving a 15-year sentence on child sex and porn charges. his ex-wife has filed suit against subway alleging they knew about fogle's quote "sexual interest in and activity with children," and failed to act. no amount was given in the suit.. just that she is suing for damages it's finally here.the first pitch of the 2016 world series will be thrown-- tonight.the cleveland indians will host the chicago cubs at progressive field for game one. history is on two franchises hold

home depot, 3m, caterpillar among biggest drags. trader scott shellady watching oil and gold from thlori rothmaf new york stock exchange. lori, apple, big day for apple. how are they trading ahead of the big report? reporter: david, one story after the bell afternoon and evening here, apple, what will it say about the iphone 7 sales? did it benefit from samsung disaster. shares are up about 1 1/2 of 1% over the last three months or so. shares are up about 22%. have a look at some other movers today. twitter shares down considerably after, expected, let me be clear, twitter expected to announce 300 layoffs that would be about 8% of its workforce. that will happen according to bloomberg ahead of its earnings report scheduled for thursday. shares off struggling off 4.25%. under armour reporting another disappointed quarter. slowing sales growth worst in six years. wall street punished the stock down 13% or five buck as share. under armour among other factors blaming bankruptcy of sports authority. sport authority was one of under armou

they scored six times, 3m a power play erasing an early two- goal deficit against detroit and after a scoreless first period the lightning put their first goal of the season on the board. here it is to seconds later detroit regains the 2 goal lead. it was 3-1 detroit. they cut into the lead again right here. from the side angle, against -- he gets the puck to ricochet and its 3-2 detroit after 2. than the bolts would tie it in it is the-3. now the game- winner for the bolts -- 3-3. now the game-winner for the ball to come back from an early 2 goal deficit to win their opener against detroit. the final and this one was sick special 4. how about this, -- cyst-4 -- 6-4. >>> announced that the gators home game will be played in baton rouge. first things first, this team has set its sights on misery which has a renewed offense. >> we have to turn our focus to playing misery. this is a team coming off of it's the kind of team that gives us a ton of trouble because of the amount of explosive plplays they create. when you look at their explosive play tot, they have already doubled it from a y

i think we'll see that next week when united technologies and 3m report. danaher got credit for spinning off its industrial businesses while illinois tool works was punished for being a pure industrial, for being itself. now, look, i like both of these companies and their stocks long term, but for the moment, you got to stick with danaher because it's become more of a life science play, something much more to the market's liking than a plain old industrial, even one as great as illinois tool works. we've got much more "mad money" ahead. i'm poring through boston beer company's latest earnings to see if you should be doubling down on your drinks, sam. then got car troubles? so does autozone. after being a market darling for years and a huge favorite of cramerica, the stock's been stalling. maybe it's time to cut bait. and what do we do with microsoft and mcdonald's? what do they have in common? more than you think. it could be good news for your portfolio. so stick with cramer. they may want the latest products and services, but they demand the best shoppin

for data on home prices and consumer confidence and plenty of corporate earnings from the likes of 3m, cat pill hear, dupont, gm, procter & gamble and locally apple. >>> more job cuts right now at twitter. it could happen this week. bloomberg news reporting that nearly 300 jobs could be cut, 8% of twitter's overall workforce. this comes as twitter continues to look for a buyer after years of financial loss o. we reached out to the kpen but the san francisco-based twitter is not commenting about potential cuts. >>> a computer glitch kept shoppers at whole foods from checking out. the problem popped up in several states. shoppers texted and tweeted about closed registers and the company's vice president confirmed there was a log-in issue. the problem has been resolved. no word on the cause. so far there's no sign hackers were behind that problem. >>> a walmart halloween makeup kit crossed the line according to mental health activists and they pressured walmart to stop selling it. a suicide scar wound makeup kit has been pulled. the company stopped selling it and answered one critic on f

doors open at 12-3m. the ceremony starts at one- 30. instead of bringing flowers... they're asking people to donate to saint mary's food bank.. saint vincent de paul.... and hospice of the valley. before attending the memorial for "governor mofford"... former arizona governor "janet napolitano".. will take time out to campaign for hillary clinton. she will stop by the arizona democratic headquarters at 12-30-p-m. "napolitano" hopes to encourage people to vote.. and ballots are in the mail by monday. h clinton... she will be making one last stop in the valley before election day. just as we live-streamed trump's event on our 3-t-v app yesterday... we will do the same on wednesday... when clinton holds an "early vote rally." it will take place from two to four in the afternoon. her campaign is still sorting out the details.. on and while hundreds of people gathered yesterday at the phoenix convention center.. to see donald trump... there was an unexpected special guest among the crowd. the father of "kayla mueller".. the young prescott woman who was kidnapped by isis..

tomorrow seven do you components report earnings, apple, 3m, caterpillar and merck.he future of digital payments the focus of the money 2020 event. and a read on home prices with the release of the s&p case-shiller home pricin sde in and that's what to watch tuesday. >>> the white house today confirmed that health care premiums will go up sharply next year for insurance sold through healthcare.gov. before subsidies, premiums for a mid-level plan will increase on average 25%. the administration says that the subsidies will help offset that price increase, but it comes as a number of insurers have pulled back from offering plans in the federal market. open enrollment starts november 1st. >>> today brought a surprise in the rankings of car brand reliability. the latest report on that shows a japanese brand stumbling while a domestic brand has jumped to near the top of the list. in fact, for the first time ever, consumer reports puts a domestic brand among the three most reliable auto brands in the u.s. phil lebeau reports. >> reporter: they're not the flashiest models f

when you talk about brexit, investors are concerned. 3m seeing issues in the consumer electronics division that led them to come out weaker than had been expected. we have a third of the companies in the s&p 500 return -- reporting earnings. i also want to talk about what is doing on in the currency market. in an interview with bloomberg, the value insaid the dollar will pause. white 10 year treasury yield in blue. jp morgan things that is not going to continue. 90 minutes away from the end of the tuesday's session. at the percentage change column today. minor 0.03%. zero 00%.fore plus we are gone nowhere for three consecutive days. basic resources, check out this takeaway. at the industry group, the highest level since 2015. the index is itself is unchanged. days, sharesight 68%.risen by they have risen by 27%. fallen by 23%. they are now lower. the chief executive promise to return to profit. what a wild ride. love this chart. this shows the stoxx 600 bank index impressive. just where they were before exit. back over theept past month because of the deutsche bank resurgence. down 18% for

have all seen the chart of auto sales and how they have stalled out over the last couple of months. 3mls that has given a forecast that was not quite in line with what analysts were looking for. they cut the top end of their outlook. 3m has said it may spend $10 billion on acquisitions through 2022 spur growth. and under armor, the big loser off by 13%, dragging down some of the leisure names like lululemon and nike. juston track for its decline in eight years on a disappointing long-term forecast , renewing fears the growth run is starting to sputter a little bit. stocks on thethe move today, janus capital is in the red after reporting net redemptions of $2.4 billion, the outflows in last year's third quarter. they are not the only firm being hit hard by investors moving to lower cost funds. , we have ourhis bloomberg markets reporter. a couple of things going on because we see out close from equities in general, but we see a move to passive, so it is a bit of a double whammy. joe: we are seeing lower fees ad then this idea that maybe more diversified holding is safer. the checkered p

games wanted to take place in cleveland starting at 808 so again 3m for what shall be held either in chicago are los angeleshe game five also and either chicago are los angeles started 15 games six and seven if necessary will take place back here where they should bea at 808 all those games will be the party continues a progressive field even when thei tribe is on the road later in the series they will host watch parties a progressive field with the game on the big scoreboard and a small take it will benefit charity. guys want to trade this box it is your official world series station. we are pleased to have former tribe manager and tony rizzo joini the fox 8 news team during the world series our coverage from game one and two will begin to the first page rally together only on fox 8.fo in ohio today threatens to go mid- evil on his students what he's accused of tying a group of second graderss that has his parents theories. a shakeup and a whole primary case the woman allegedlyp did to try and pamper with the jury. united nationit milky more like comic con today. pleasant and bill m

. >> you fill this up. 3m, small unit with a cartridge takes out 99% of the lead only costs about $30, replace every four months or so. what are you smiling at? >> somebody looking in the window. i'm sorry. >> and then -- >> you lost hoda. >> i lost hoda. >> something she -- >> even though sweet, only time in new york. oh, hey! >> invite her in. >> this unit is reverse osmosis, takes everything out of the water including that chromium 6. about $250. what i like about this reverse osmosis units, you use them, the water doesn't taste that great. this one puts minerals back into the water and so you have fresh tasting water that is clean to drink. this can all fit underneath your sink and all you need to do, put a separate spout. where you pour all your drinking water out of. >> thank you, lan manfredini. >> thanks for coming to new york. how ya doing? nice to see you! >> if you have a problem you'd like lou to fix, tell us on our website and connect. finalists ready to come in and find out which lady is about to snag a fabulous trip to wine country coming up right after this. this. p i'

p&g and 3m and caterpillar today. and shares of time warner falling 3%.the buyout price. some investors are concerned and saying at&t is paying too much for time warner. stocks returning strong gains for the year. we are keeping an eye on shares of apple today. shares up slightly in pre-market trading ahead of the company's earnings. here is the big question. will apple end the streak of slumping iphone sales despite the last two quarters. the stock is up 11% this year. iphone 7 was unveiled last quarter. our phone will be included in that report. >> apple has other issues. now at&t and time warner is happening, they are mentioned as a possible deal maker in the whole media landscape. >> a lot happening. we'll see if the iphone 7 helps. check out the cnn money stream app. business news from cnn money all in one feed. download it now on the app store or google play. >>> "early start" continues right now. >> breaking overnight. president obama taunting donald trump with the series of slams on late night tv. >>> donald trump in denial. down in the polls. the

more earnings today from p&g and dupont and 3m among many others. >>> shares of time warner and at&tllion merger announced over the weekend. edging further away from the buyout price of $107 a share. shares of at&t fell 1.6%. some are concerned about the price tag and the regulatory hurdles. both stocks higher for the year. you can see. time warner is the parent company of cnn and cnn money. >> a long year as this gets discussed. >> i talked to both ceos yesterday. they not seem concerned about the regulatory environment. i asked about the biggest election we have had in my lifetime. they weren't concerned about the merger. apple shares reports big earnings after the closing bell. will they break the streak of slumping iphone sales? the stock is still up 11% this year. it unveiled the iphone 7 in september. the first couple weeks of sales will be included. including your phone. check out the cnn money stream app. business news personalized. all of the latest news in one feed. download it now on the app store or google play. >>> a lot going on. >> all that and it is the final fortnigh

goes to 3m tomorrow morning. high wind warning up on the spring mountains. seven day forecast shows big drop in temperatures. going into tomorrow monday only in the 70s overnight lows in the 50s so enjoy the 80s toy. on and extra log in the fire whatever. >> you brought the fall. we all know you have to work together in order to get things done. but in washington, too often joe heck has been part of the problem, putting his party and special interests before nevada. i'm proud of my work with the bush and obama administrations on homeland security. and every bill i sponsored as attorney general i'm catherine cortez masto. i approve this message because i'll work with anyone >>> the rain feels like it never stops. >> i also have a much better temperament than she does. >> whoo, okay. >>> anybody, pick any leader. ?? >>> good morning. weome to "sunday today." i'm willie geist. a day into october, just over five weeks from election day, a break in the mystery surrounding donald trump's tax returns. "new york times" reporting overnight trump may not have paid fed

among the big names to watch, 3m, caterpillar, dupont, general motors, apple, boeing, coca-cola, alphabetford, amazon, just to name a through. tomorrow is apple, the world's most valuable company. a lot of the biggies, amazon, some of the top market companies will be reporting. so it could be moving the entire index. so far there's been a lot of beats. >> our parent company comcast is there as well. >>> and visa will point results after the close today. landon dowdy is joining us with three things to watch in this report. landon, over to you. >> good monday morning to you. visa reports fourth quarter results after the bell today. here's the three things to watch, first the numbers. the street is looking for earnings of 73 cents a share on revenue of 4.2 billion. and visa recently announcing it would increase the quarterly dividend by 18% signaling its in a solid financial condition. the second thing to watch, the new ceo, earlier this month, the current ceo charlie schwartz, said he would resign october 1st. they are naming the former president of american express and current visa board m

yesterday pulled up by procter & gamble, pulled lower by 3m.ow futures under pressure to the tune of 62 points. s&p 500 futures down about 8. nasdaq down about 26. as for the ten-year yield, we are going into a heavy batch of economic data. 176 is the yield. that's sort of in the mid point of the range that we've been seeing, 170 to 180 a few weeks ago. see if we can climb over that threshold. the betting odds are that december is a go. november not so much. >> exactly right. yesterday we did see in terms of quantity more beats in the earnings releases that we saw than misses. but there was some high profile misses on stocks that consumer confidence data also had, also oil prices slipping below $50. >> apple after the bell a big weight. >> that's a factor on futures. let's look at european equities. they're in the red. quite significantly so today. the best part of a percent for the ftse 100. germany and france not far behind. seeing declines. oil again cited as one of the factors for that. asian trade was negative and there was some talk that

peg, caterpillar, 3m, dupont, and under armor basically stole a lot of the news as it is now the worstmorning. concerns about margin, on spend, on just general consumer appetite for shoes and athletic gear in general. >> yeah. lots of pessimism abounds in a sense. speaking of wireless, we are talking about at&t earlier. sprint reported it. stock is down even though overall it seechld to do okay. even the churn rate was down absolutely from a year before. they do seem to be picking up post-paid subscribers, which is the name of the game, but, you know, when you are discounting as much as they are, it's hard to get too excited. >> of course, apple tonight will be the big story along with chipolte, panera, capital one. by the way, it's not just the losses to ed that are raising eyebrows. the vix is on track for its first daily gain in six days having been essentially comatosed for several sessions. we'll watch that closely. let's get over to headquarters. scott wapner and "the half." >> all right, guys. thanks so much. welcome to ""the halftime report."" the trade this hour, the under arm

the 3m, they make scotch tape, dental implants, earnings forecast to rise a bit, revenue seen flat yeartlook, there has been softness with weakness coming from asia. also electronics and energy units, sales dropping by 10% in the second quarter. they need to see improvement in this particular division. caterpillar, another really big company reporting before the bell third quarter. they've seen revenues falling for seven straight quarters. that's because of the weakening mining industry in general. also due to the weaker oil prices. they need to see a global pickup in order to turn this thing around. >> louisa, thank you for joining us live from london. >>> one last story before break. it's no secret basketball legend shaquille o'neal loves doughnuts, who doesn't. now shaq and krispy kreme are teaming up. he's officially an owner of his own franchise. the diesel tweeted out the news writing, your favorite doughnut just got even hotter ending with the superb hash tag shack-alicious. shaq, a reserve police officer in florida, is now a global spokesperson for the doughnut brand. no word ho

that's never good. 3m down about $5. >>> the lines are painted, bunting is up and the world series jinx will end for at least one of these teams. but cubbies set to take on the indians in game one of the world series tonight. live to progressive field in cleveland, ohio. jarrod max, fox sports has a look at the excitement. >>> we are awaiting donald trump. we'll take bach to florida to hear what he has to say as soon as his plane lands at the millionaire hangar where there is a huge crowd behind the cameras. we're going to take that live. "countdown" coming right back. we ship everything you atcan imagine.n, and everything we ship has something in common. whether it's expedited overnight... ...or shipped around the globe, ...it's handled by od employees who know that delivering freight... ...means delivering promises. od. helping the world keep promises. recengrand prix race cars-benz made history when it sold for a record price of just under $30 million. and now, another mercedes-benz makes history selling at just over $30,000. and to think this one actually has a surround-sound stereo

have fallen out of favor with investors because may be a little more immune to a slowdown, and it's 3m. that reports before the open. the ceo has been able to reinvent the company through ingenuity. i think the pace of new product launches will drive earnings, but it's still cyclical. it could still be under pressure. tuesday, few companies are more venerable than procter & gamble. it's done a lot of shuffling, but is it enough? i don't think the stock will power higher unless we hear more organic growth. we also hear from under armour. this stock has spent an awful power plays. i wonder if this isn't the quarter that can break the spell in a positive way. after the close tuesday, we get results from the largest company on earth, apple. and you know i expect a good number, and i always tell you don't trade it, own it. aided by an increase in the service revenue stream that comes from so many different offerings that they now make available to iphone users, last quarter apple talked about people switching from competitors, even talked about samsung. i can only imagine it will give 7's s

the dow sinking for the second day in the month with 3m, dupont and verizon among the biggest drags. gold, if you're a gold bug like me you're taking a dive as well. trader scott shellady is watching all the action on commodities from the cme. lori rothman on the stocks at the nyse. lori, what is driving stocks lower today? >> boy, a lot of up and down, david. we end the day with losses. it was a global story. investors here in the u.s. are looking across the pond and concerned about, renewed concerns if you will about the impact "brexit" will have the on the uk economy and obviously contagion effect here in the u.s. as you know theresa may, put the deadline, the march date to put process for the uk to exit the eu imf basically saying it expects u.s. inflation to rise faster than the fed does. so that puts pressure on all the hawks out there to have u.s. interest rates go up. we're talking about december meeting. fed funds futures are looking at 63% likelihood rates here in the u.s. will in fact go up before the end of the year. those are some big themes on the floor here today. the

as we head to break, take a look at 3m. it lowered the top end of its full-year forecast. you're seeing that stock down a little over 1.5% in premarket. back in a moment. >>> let's get host ken langone. and cofounder of home depot. we might as well have had the cameras rolling for the break. it's not like you haven't been on before talking about education. but i guess just to summarize in your view, we need to fix this and it's going to be a long-term endeavor. >> it isn't going to be fixed overnight. >> but that in your view this is something you've always been passionate about. >> this is education. >> and you're going to say i don't want to get partisan, but then you're going to say until we break the teachers unions, until we understand you need charter schools. then you're going to get partisan. but do we spend more money? do we throw more money at it? >> no. >> what do we do? >> the department of education was founded by jimmy carter '78. the chart showing the money that's spent goes like that. the chart showing the results goes in the opposite direction. >> right. >

this challenge is that each of the ten finalists are paired with a mentor, a scientific mentor from 3mu from? >> virginia. >> very nice. >> tell us what we're looking at right here? >> i used pumpkins in my science fair project. i inovated a duel process to reduce diesel emissions and using the seeds i produced biodiesel and using that glycerin i combined it with the pumpkin rind and the pumpkin shells to produce. >> where did you come up with that idea? >> i wrote a couple books about the trash vortex which is like and i thought as the world's second largest powerhouse global environmental leadership. >> it has the durability and strong and flexible and you can do a lot with this stuff. bags, wallets. congratulations. very, very cool. thanks for joining us. >> that's pretty incredible. congratulations where are you from? >> i'm from portland, oregon. >> explain what this is and where you got the idea from? >> the effects of poverty first hand i developed a portable and more powerful microbial fuel celand directly apply under to developing regions. >> this is all based off of mud. >> y

but we have no mechanism in place and that's what we're working on is how to get 3m and target at the table with us to talk through come and again trying to network this out what is the solution set, what can be cocreated to do do with their different sets of problems? the challenge i see is we like uniformity, and a network towards idol solution means you lots of little nodes solving their own problems. you have to function more like a connected computer, and you may not know everything. you may not see everything i touch everything, but you have to have a level of working relationship or trust. i'm speaking kind of hypothetical, but we've actually seen some examples come into play, and i will speak specifically. the bureau faced some challenges around ransomware, specific to the health care industry. and we did the bureau thing. we notified the corporations in the industry, probably in a very classic sense of pins and flashes can e-mail type things. someone actually in that industry who is associate with us through one of our it is a programs and said i have a solution. i am the ceo

she does not run to twitter at 3m to call her opponents losers. she does not even cry that the election is rigged. hillary gets up every day and keeps on fighting. writing for children, women, families, health care, fighting for human rights. [cheers and applause] [chanting "hillary."] we are with her. there are two things we have to do. first, we have to vote. new hampshire has same-day registration at your polling registrations. no excuses. go to iwillvote.com. make a plan now. for carol, colin, maggie, and hillary. are you going to do that? [cheers and applause] senator warren: second, do more than vote. volunteer. democracy needs you. you can knock on doors, make polls,alls, monitor the lawyers can help. everybody. if you have any time over the next 15 days, please volunteer. you can go to hillary clinton.com. .ou can go to maggiehassan.com we will use your time. we will use it well. please make this investment in democracy. get out there and volunteer. we need you on this. [applause] senator warren: it is so good for all of us to be here. thi

the dow is down fractionally, 57 points down. 3m, verizon and chevron are your laggards. a couple of dow stocks are up, however, there is one massive move out there. not in stocks. it is in gold. gold is trading at a three-month low, it is down $35 an ounce. as you might imagine, gold miners also getting wha inting they are deep in the red at this hour. >>> google unveiling a new phone at a product event under way in san francisco. google says the new phone costs $649 and has unlimited storage. delta posted a smaller than expected drop in passenger unit revenues for the month of september. >>> and sears popping within just the past two hours on reports that bids for the company's draftsman unit due by the end of this month. >>> if you are a retailer or a shopper, this may be the most important number in the show. 81 shopping days left until christmas. a new report by the national retail federation telling us that santa claus is coming to town this year. courtney reagan is here to break down the numbers. >>> ho, ho, ho. political unrest be darned, santa claus is bullish. t

despite that, p&g, having a positive impact on the dow. 3m is your biggest threat. >> i'm michelle caruso-cabrerahere is what else is on the menu or happening this hour. ibm's board approving quarterly cash dividend of $1.40 a share and announcing a $3 billion stock buyback program. consumer confidence taking a big tumble in october, the conference board's number, its index falling to 98.6. and in the meantime, home prices jumping in august to near record levels. but we begin first with what is going on here with -- let's get to tyler mathisen -- i see what we're doing. welcome, everyone. tyler mathisen is with us from cnbc's net net summit at the new york stock exchange. we'll get to him in a bit. let's start with the outrage today over health care and your money. the average premium on the benchmark obamacare plan jumping 25%. year over year. dan mengin joyn mengin joins us. i see there are some states where they have risen 60%, 100%? >> yeah, arizona, for example, that's the big loser in this case. their rates go up 116% for the second lowest cost over plans. 27-year-old there will go from pay

big winners, boeing, 3m and microsoft, microsoft trading at an all time nominal high. >> i'm michelle caruso-cabrera. here is what else is happening at this hour. consumer reports naming lexus its most reliable automotive brand. more on that coming up in the next hour. nike topping forbes list of most valuable sports brands. oil cracking below $50 a barrel, right around 49, 50. right now crude down 1.9%. back to you, tyler. >> thank you very much. we got a big two hours ahead. but let's kick it all off with the deal of the year. at&t, there you are, announcing plans to buy time warner for $85 billion. the ceos of both companies weighing in on the deal earlier today on cnbc. >> this is one where the nature of this deal is unique for me, what we have done before, that is a vertical integration. it is a big merger, but a vertical integration. and as you think about the areas that have been really contentious over the last few years and our industry and jeff's industry, they have been horizontal mergers, where the government was concerned about a competitor being taken out of the marketpl

but it's starting to happen. 3m and verily and ibm and apple collaborating for several years to consolidate the data coming from the apple watch. so we're getting there. my second thought is this must be evidence-based. now, for those of us that have been in health care and medicine for years, we know that the practice of medicine has always been evidence-based. when you talk to the technology companies who are being integrated into our digital health care space now, they have never had to run clinical studies or rigorous data analysis to show that the uber app works or facebook is working as expected. so the rigorous data that's needed to use a technology for health care is required. one example of a company that's spearheading is evidation. they identify which are showing the claims and evidence that they say they are. this is what we need in health care and in medicine. it's starting to happen. jama, journal of american medical association actually did a study on the apple watch. i almost fell off my chair when i read this, but i was so happy to read it. it compared the apple watch, fitb

talking on the phone. 3m the leading dow component upgrade today at barclays on recovery in emergingkets. it's going to report tomorrow morning. >> that's a gutsy call. but i think the longer term thesis about that was very important which is we're troughing. if we're troughing for the internationals, that could be very big. but you did not see that with hon honeywell, you certainly didn't see with ge where there was a sense of ennui. >> world weariness. >> yes. what's the symbol for -- >> i'm not sure. >> a lot of the products driving earnings now didn't exist five years ago. i don't know if you look at the product portfolio but they are just a fountain of innovation. i'm not saying because my dad once worked for them, i'm very impressed they seem to have new products globally. and they're doing a lot of security, health and those are growth markets. >> i like them. >> wish they didn't upgrade the day before. >> yeah. >> comcast upgraded to outperform talking about the digital innovations, dreamworks of course. william sonoma citi takes it to top holiday pick. >> that's good. i know

it is a similar story when you take a look at 3m, cutting its top and of its 2016 profit forecast.electronics market is what they blame, having persistent weakness and they see local organic currency sales flat. the earnings bonanza continues. , a totallyamble different story on a six-day losing streak. about oneome in dollar three cents and it did reaffirm its 2017 forecasts. jonathan: i can tell you that stock is up about 2.60%. coming up, rebalancing the oil market. can the agreement to cut production succeed in stabilizing global crude prices? jeff currie ways and next. ♪ jonathan: from new york city, this is bloomberg daybreak. i am jonathan ferro. future stable, up 18%. the story in europe, decent german business confidence, a two-year high. .he euro still struggling it is a dollar strength story with euro down for a sixth straight day. $50.66 as the opec general heads to baghdad to speak to the iraqis and settle output disputes. hughes reported a loss of $429 million in the third quarter but they have seen activity modestly increasing in a tough environment. david wethe join

among the big names to watch, 3m, caterpillar, dupont, general motors, apple, boeing, coca-cola, comcast, tesla, ford, ups, alpha bebet, amazon, chevr. we may not have to use the e-word. >> election? >> the other e-word. >> there's economy, earnings. >> we only have 14 days. >> then one of them becomes president. >> i've taken the new view. i have. it's a bit of a relief for maybe private sector and business people. just a bit of a relief. it is a bit of a relief. >> what is? >> that the eight years is coming to a close. >> what are you talking about? >> i don't care -- what do you mean? i can see how that doesn't register with you at all. the last eight years and the anti-private sector, the constant confrontation between private sector and government. >> and you have two candidates who are going to go after the private sector, both of them. >> there are personality things that bother -- >> to your point about the left, even -- >> this is my problem with the current occupanoccupant. it's been a long eight years. and at least it's about over. >> some are complaining about elizabeth warre