now come up on tap after the bell we have alcoa, and dow component american express.ew york stock exchange, nicole, ahead of that, how are those two doing? >> both of those stocks to the upside right you now. begin with american express, dow component. we're watching dow up 52. interesting to see if anymore whisper numbers, goldman sachs, american express hitting 52-week high today. alcoa is gaining but with american express, goldman sachs saying this could be the bright spot of its credit card pierce pierce -- peers. we'll watch from loan growth or guidance, any branded relationships they have with hotels. then we turn to alcoa which had a nice populace week on news that in china they were cutting supply of aluminum. that helped things along. big picture people expect more from back half of the year for alcoa, more so than the second quarter. in fact there might be a little bit soft. we'll watch for that one. both of the stocks, liz, are each up about 1/3 of 1% as we go into the closing bell. liz: very nice. thank you, nicole. keep one eye on the nasdaq, the other on

alcoa on the move year-to-date up 30%. back to you guys. melissa: nicole, thank you. attack the rich revolt. republicans in washington are calling for civil disobedience. they are encouraging seattle residents to refuse to pay a newly-passed income tax that critics claim is illegal. john, what do you think about this? >> i think this asking people to do this is ignorant. i don't agree with the speed limit. i understand if i speed i get caught get a ticket. i don't care if i think it is unconstitutional. this is the law. you go through the court system. that is what they do in developing countries around the world. it doesn't work there. we're a people of laws. melissa: lindsey, isn't the best thing to do, move, get the heck out, or vote those politicians out of office? >> absolutely, absolutely. these residents if they're opposed to with the tax, they need to vote with their feet. several states around the country, taxes continue to rise, businesses, residents, voting with their feet an moving to more favorable states with a economic situation. i don't encourage stude

arconic shares recently suffered their biggest intraday all sense it was spun off from alcoa last novemberoadening his reach to football, and not just company is broadening his reach to football, and notjust any old scene. these are the european champions, fc barcelona. he has signed a sponsorship deal signed $58 million to have his name, his company's name, rakuten, prominently displayed on theirjerseys. who is the man willing to play such a premium? we caught up with him in tokyo. did you purchase anything online before you found the rakuten?” did you purchase anything online before you found the rakuten? i did, yes. what was your first ever online purchase? i think it was japanese udon noodles. there was a very popular online bookstore. what is your most recent online purchase. most recent? what did i buy... i bought some screen. do you actually go to any stores to buy anything, or do you buy everything online? go to any stores to buy anything, or do you buy everything online ?|j go to any stores to buy anything, or do you buy everything online? i do, igoto do you buy everything online?

just like a human's head that is it that is the most frightening pattern in the entire chart book and alcoa out just when i thauought we were out of the woods. what happened? europe and china began their slow downs he could control his own company but not the price of the co mod dee itself still it was aluminum. over the next new years they could re -- that came after the completion of the brutal head and shoulders pattern from a few years before, one that cost the trust quite a pretty penny one of the things i admire about technician system their consistency. if a head and shoulders pattern signals trouble, an inverse signals the opposite at the beginning of 2013 lots of people thought the economy was taking off, running toward the food and drug stocks running toward the cyclicals the kind of rotation, that kind is usually the death nail for stocks that go higher only when the economy is slowing however, tim collins in an off the chart segment said you ought to take a hard look at pfizer. the world's largest pharmaceutical company would be the kind of company i would shun i would normally

the blaze started just before 5:00 this evening at alcoa iron and metal company in sand leonardo o. >> it was really small and you could see it growing up the pile. you could hear things exploding in the back. >> plumes of thick black smoke drifting for miles. visibility was impaired while driving along davis drive. >> we do have a representative from the bay area air quality management district conducting air quality samples as we speak. >> >> reporter: the big issue in the fire the dense smoke which could cause health issues for people are breging problems. traffic was diverted way from the company. those living downwind got of an adviserry we talked to one family concerned. >> you need to go inside but still breathing the air from the outside. we did here hear the warning about staying inside. and so we went inside closed it up. it's no better. >> reporter: now i did talk with a spokesperson from air quality. they did take samples of the air. those results won't be in for several days. and the cause of the fire, still under investigation. recording live in san leandro, cherld hurd

as a result, alcoa and century aluminum rally.s much as 2.9% on the london metal exchange. the biggest intraday gain since october 25. it did pair that back a little bit. at the moment, another reason, citigroup analyst saying the the cuts.t i'm looking at coal, elon musk making comments, saying coal has no future when it comes to u.s. energy. enhua plans three are strained coal mines. .hey are scaling back 10 million tons of annual production from these three minds. coming up, out of reach, taking a look at what is next -- whoooo. i enjoy the fresher things in life. fresh towels. fresh soaps. and of course, tripadvisor's freshest, lowest prices. so if you're anything like me... ...you'll want to check tripadvisor. we now instantly compare prices from over 200 booking sites... ...to find you the lowest price... ...on the hotel you want. go on, try something fresh. tripadvisor. the latest reviews. the lowest prices. rishaad: 9:29 a.m. right here in hong kong where it a glorious day here and on long as we count you down to the start

earnings after the bell moving stocks, aluminum giant alcoa reporting better profits but trading is down after hours, american express reporting, up at the end of the day, but down after the bell. another record dow close. coming up rosie o'donnell sparking outrage after promoting a president killing game on twitter. >> snoop dogg sending this video, depicting the beating of a cop to his 18 million twitter followers, saying it's about time. >> and today, a lower court said relatives like grandparents and others are allowed to come in now, int we have judge napolitano to weigh in next. today, we're out here with some big news about type 2 diabetes. you have type 2 diabetes, right? yes. so let me ask you this... how does diabetes affect your heart? it doesn't, does it? actually, it does. type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. and with heart disease, your risk is even higher. you didn't know that. no. yeah. but, wait, there's good news for adults who have type 2 diabetes and heart disease. jardiance is the only type 2

we are working with alcoa, the national association of manufacturers as we have created a playbook thatny company, it isor large can use. about 130 some pages of how to. you can tailor it. it can succeed anywhere. we want this to succeed. we are happy to share our lessons learned with any state. >> i appreciate you offering that. you mentioned the stigma. it happens on the corporate side as well. it is one thing to say you believe in competency-based hiring, and then you go back and you look for the for-year degree, you need a real commitment to that sort of hiring. i need to keep this moving because we are a little bit behind. governor hickenlooper, can you share what is going on in colorado? governor hickenlooper: sure. i want to commend these women, not just for coming, but all the work you up done. the apprenticeships and these skills-based technology platform fit together so beautifully and allow us to imagine a cradle-to-grave arc by which people, kids, but ultimately all age people take responsibility for their own careers. when of the things we have found as we got into this ove

the activity we saw today -- a month ago we were talking about alcoa. they were buying calls they bought these july calls very aggressively. now today they are rolling up from the august 32 calls and buying august 38 calls they sold for huge profits and rolled up 10,000, paying about a dollar for the august 38 calls really aggressive paper coming into this space. i know stephanie likes the materials as well. we've been seeing more paper each and every week. >> i like that i like that. that fits with our freeport thesis. >> much better run than it used to be. really >> guys, come on back over this way. >>> up next, the five things media and tech analysts rich greenfield says you must know before putting money into netflix. the company reporting after the bell tonight rich will join us on the "halftime report" next >>> plus, considering investing in oil flntdo not want to miss the inueial analyst and the call he made. more "halftime" in two minutes you always pay your insurance on time. tap one little bumper, and up go your rates. what good is having insu

. >>> alcoa shares are slipping.he company is trimming its earnings outlook warning it expects an increase in input costs. >>> unite the rentals reported better than expected earnings. the company is also raising guidance the street likes it. shares up by almost 4% for united rentals >>> canadian utility company hydro one is buying its rival avista for 5$5.3 billion in an all-cash deal. it's up some 18% >>> jana partners cashed out of its position in whole foods after the grocer agreed to be bought by amazon this according to a regulatory filing jana made a profit of about 300 million on that particular investment >>> shares of nike getting a pop. morgan stanley upgrading the stock to overweight from equal weight the analyst predicts nike will rise -- sales will rise in the next few months thanks to new hot sneaker offerings. >>> turning to today's agenda, get ready for a flood of earnings reports, abbott labs, travelers, union pacific, bank of new york melon and blackstone those are some companies report bridgette o

what we've done in working with alcoa, dal, and the department of labor is we've created a play book that any company small erlarge can use. if you want to start an apprenticeship program, it's about 130 something pages of how-to. we all want this to succeed, we all need it to succeed for our economy. and because of that, we're happy to share that lessons learned and anything we can. >> i appreciate you offering that. you mentioned earlier the stigma. it has to be done on the corporate side as well, which is to say you believe in competency based hiring and then you go back and do the resume tracking and look for the four-year degree and do the commitment. i need to keep this moving because we're a little bit behind. so could you share with us what's going on in colorado? >> sure, i want to thank both these women for not just coming here but all the work you've done. and certainly what the two sides you're presenting, the apprenticeships and the skills based technology platform fit together so beautifully and allow us to imagine the cradle to grave arc that ult amtally all age people

look at alcoa, not much. show me microsoft. that is the stock of the day.t because i own a chunk of microsoft but because that kind of earnings reports doesn't move the world but really has a gigantic impact on the overall market. you have alphabet, apple, microsoft, facebook and google. >> news with microsoft -- stuart: they report their earnings and the attention centers on. we have congressman mia love from the great state of utah. bring me up to speed. are we going to get a vote on health care reform? >> i wanted to say my heart and all our prayers go to john mccain and his family. they are going through a difficult thing. in terms of healthcare i cannot tell you how frustrating it is to me when we were in the house working on a health care bill trying to address, debate the issues and people from the senate coming over doing a press conference telling us what to do or how to do it. it is important to make sure we tell them they have to get that debate to the floor, they have to allow the american people, their voice being heard on the floor. stuart: th

board, watch how alcoa beat second-quarter estimates. we did get more numbers this morning.h its quarterly results. did --ce, the ceo resigned. that is just a look at what we will be watching when trading its underway in australia, japan, korea moments from now. this is bloomberg. ♪ neuheisel one: wall street looks at this burger gains in asia-pacific. investors await policy statement from japan and europe. betty: a rocky start to u.s.-china trade talks. beijing slammed in unusually terse language and both sides canceled their public pressers. yvonne: apple wins recruits in its patent battle with qualcomm. iphone makers in asia are joining the fight over fees. betty: bhp's new chairman flags changes to the board. ken mckenzie is on a global roadshow to reassure investors. yvonne: this is the second hour of "daybreak asia," live from bloomberg's headquarters. i'm yvonne man in hong kong. it is just after 8:00 a.m. betty: just after 8:00 p.m. in new york. i am betty liu. moments ago, we had trade numbers showing smaller than estimated surplus, ¥439 billion, the expectation was

seen so many m&a's, china combining the two biggest, and there is just one major player there and alcoaat consolidation. in japan, they have agreed to combine their container shipping industry, so i would not be surprised if we see more of this because sometimes being bigger is much better. rishaad: thank you so much for that. our interactive television function at on the bloomberg, you can watch us live and see previous interviews and dive into any of the securities we mention and become part of the conversation as well by just sending us instant messages during our shows. this is for bloomberg subscribers only. .o check it out, it is tv asia seeingtocks in small gains as bonds remained under pressure owing best longer than anticipated u.s. jobs report. we will discuss that and more with blackrock next. this is bloomberg. ♪ haidi: the u.s. treasury curve resume steepening, so will the selloff continue? joining us now is our guest for real yield. great to have you. that aek's selloff, was small correction or do you see this continuing if we get increasing hawkishness and a coo

. >> none of the -- alcoa? >> nike. >> no! >> yeah. >> nike!> nike. >> nike is a dow component >> yeah. >> united health >> not goldman sachs >> not yet >> no. >> you tricked me. >> oh. i'm sorry. >> nike. >> nike, i can't believe visa i forgot. i don't like change. that's the problem this crespo guy, is he in charge no, the guy with the little bowtie >> blitzer >> glasses >> yeah. yeah we know him. >> we're getting old a look at the u.s. equity futures. u.s. equity futures at this point are indicated higher this comes after the s&p 500, nasdaq, the russell 2000 all hit record intraday highs only the nasdaq and russell 2000 were able to hold on to them at the close. positive gains again today we will talk about visa and microsoft after their earnings yesterday. dow indicated up by 12 points. s&p futures indicated up by 2.5. the nasdaq up by 3 overnight in asia, look and you'll see the nikkei was down 0.2% hang seng down by just over 0.1% shanghai was down by 0.2%. in europe, early trading today, it looks like the dax is down by a quarter percen