for years. >> cindy archer i've known since 1991 when i first started.been in and out. she was in here with her mother in '91. we're almost working together, which is kind of scary. >> can we have a cigarette together? >> no, we cannot. >> oh, please. i'm kidding. i'm kidding. >> it's not worth it. >> i know that. i know. >> take your shovel. i'll get these. >> she has been in and out for so long that this is kind of like home, unfortunately. she feels probably safer in here than she does on the street. >> i'm almost happy to be doing something like normal, you know? >> daniel esdale is also hoping for a bit more freedom. he has five weeks left to serve on his two-year sentence for possession of a firearm. as unlikely as it is, he's still holding out hope that he can serve that time in general population. >> it's still a possibility just like this big. i might. i doubt it. >> esdale is currently back in segregation after refusing to perform his job in the jailhouse infirmary. >> open 4, please. >> but he sees it as one small slipup after four months of w

it may be snapped up by archers midland. i will be back for more on the d eal. >> that is what we are watching this morning. european equity markets opening up for the final trading day of the week. without the united states. for thosependence day who celebrate. let's check in with manus cranny. >> the u.s. is on vacation. to liquidity zircon thing these equity markets perhaps a little bit less. equity markets dipping ever so slightly. down. factory orders the dow broke the big psychological level at 17,000. imf decided to take a viewpoint on france. they downgraded the growth. french banks are all lower this morning along with renault. factory orders are low. we have a little bit of news. we are waiting for the stock market to open. 2014, there is going to be a loss of 1.6 billion. why? it is down to hungary and romania. 40% higher provisions than anticipated. 2.4 billion euros. they are writing down the values of the romanian businesses. gold. the reason why i put gold is because we have traders that are the most bearish i

that is actually one of the revenue streams for archer daniels midland.are number one in this. they didn't get capri sun in this deal. >> when you talk about high fructose corn syrup, that gives me a segue for you to tell us what is going on with the corn crop. a lot of farmers may wish they could have sold even more. >> corn is heading for another bumper crop. it is a dramatic turnaround when we had that drought. you are seeing the opposite situation. farmers cut back on their planting more than 4% this year. they planted less corn and more soybeans. but they are getting a great crop or corn. the usda's looking at record yields. that is making the corn crop larger even though they have less acreage. it is driving down prices which drives down profit margins. it is a huge turnaround from where we were 24 months ago. >> what are the implications for what farmers are going to plant next season or do we not know yet? >> it has to do with supply and demand and weather patterns. farmers cannot predict the weather, but they certainly can know what the supply si

archer daniels midland, one of the world's largest shippers ingrain -- grain is volatile.y are looking both for some diversity and some stability. wild flavors promises to give them a little more of that. furtherthem a little downstream, little closer to the consumer in countries where natural foods are more common. it expands the global footprint and it gives them a little more diversity within the food industry which should help archer daniels midland get a little more consistent financial performance. >> do you remember capri, the fruit juice? >> capri sun. we used to sit in elementary school and read through the ingredients. -those currents are of that high fructose corn syrup -- high fructose currenorn syrup. they didn't get capri sun in this deal. >> when you talk about high syrup, deccaenorn be the segue to tell us what is going on with the corn crop. a lot of farmers think they could sell even more. >> koran is heading for another bumper crop. it is a traumatic -- dramatic turnaround we had that a drought . you are seeing the opposite situation. farmers cut back on

on behalf of that same ukrainian energy company another gentleman from team kerry joined the von archer who was once john kerry's advisor and been learning his presidential campaign these people are no strangers to each other divonne archer and joe biden's son worked as business partners with john kerry's son in law christopher heintz oh yes and buddhism of their new employer is controlled by. former ukrainian government minister all these sons and friends of u.s. officials say they're on their own that they're disconnected from the decision makers in washington but of course nobody can stop them from benefiting from the policies adopted in the buildings around here members of congress are already writing letters saskin to provide us funding for ukraine's domestic energy production here is one of the senators. i think if we are going to be helping them with new technologies and we should we should have a telescope time frame that we create for doubling of natural gas production inside of ukraine and we should set those goals set benchmarks and then let's meet them and help us make sense

it may be snapped up by archers midland.r more on the d eal. >> that is what we are watching this morning. european equity markets opening up for the final trading day of the week. without the united states. for thosependence day who celebrate. let's check in with manus cranny. >> the u.s. is on vacation. to liquidity zircon thing these equity markets perhaps a little bit less. equity markets dipping ever so slightly. down. factory orders the dow broke the big psho

alcoa and archer daniels hit 52-week highs. starwood, also, american tower, baxter are at record highs in today's trade. they are all up at least half a percent on the trade today. >>> typhoon has passed over in japan but now the aftermath there. look at this. that is a mudslide. it was caught on a closed circuit camera near the central japanese city of nagano. people have been told to move to safe locations. thousands are in shelters now as that unstable earth puts many people in peril. sue? >>> ty, the benchmark teleaviv 100 and 25 both down just slightly today. the big etfs tracking israeli stocks falling here in the united states today on the down day. none the less, this on a day three of israel's campaign to stop hamas missile fire from gaza. this is video just released by israel's army targeting a weapons manufacturing plant. israel also attacking a massive underground network of tunnels where hamas leaders and fighters are hiding. it's also where they're reportedly hiding missile launchers. this video of gaza just came

when i went on the tour as a kid i loved going to harding park you'll see ken and bob and george archer it became a great place to hang out i owe hi. my development as a player to harding park it's a profound statement and tom watson played many round when he was a is the at stanford university and we have a city champion and one of the needed it things in the 4 byron nelson back the only player to win two events on the same course in the same year when he won the victory open in san francisco. like so many other public golf course in community all over this in addition the atmosphere here is absolutely magnetic for generations of golf percent are the last thing i want to say it's a special day for one man in the room. next week sandy tatum will turn 94 years old without his tenacity and we know that hardingably park would not will exist exist it was used in a tournament as a parking lot i thought dan said it p there was a time in the history of the golf course we hoped would be used for the champing when you see the evolution and where hardingably park is today not that long ago mr. ta

archer daniels up 2%. pitney bowes up 2% even though hey had tough times earlier in the day. it's going to be interesting to see if they can move into the green in the last couple hours of trading. >> the direction has been positive since that big falloff earlier in the day. that does it for this edition of "power lunch." >> "street signs" begins right now. >>> fear today, gone tomorrow. what a turn for stocks. in fact, as you just heard sue and tyler talking about there was a chance we could end higher. find out why we have come back so far. >>> plus, mandy and i go to war over what really caused this morning's swoon. have american restaurants reached what we're calling peak food? and some new developments around the mission industry of sync tens, that former penny stock is soaring. we've just done some reporting. we're going to have it exclusively coming up in a few minutes. >>> first, the markets. boy, what a turn around we've had. the dow is down 180 at the lowest point but right now as you can see here behind me it's only down by 47 points. it came this morning on a new

. >>> and a late-night appearance for one of our morning archers.e show, david letterman welcomed norah o'donnell. co-host of "cbs this morning." letterman joked with o'donnell about her co-hosts. >> charlie and gayle send their best to you. and we like to say the news is back in the morning. >> news is back in the morning. >> those two are holding back. [ laughter ] but that's no secret, i don't think. >> oh, they're holding me up every morning. they're holding me up every morning. >> things got serious. a little later when o'donnell and letterman discussed the ongoing crisis in ukraine. local news on "cbs this morning," we will be live from ukraine for the latest on the investigation into the downing of flight 17, plus, we'll get the latest from gaza on efforts to end the crisis there. >>> and the multibillion dollar verdict against big tobacco. we'll hear from the widow who won her case against r.j. reynolds. that's the "cbs morning news" for this tuesday. thanks for watching. i'm anne-marie green. have a great day. ,,,, >>> good morning everyone

apparently, archer daniels turned out to be the winner on this one.ea. charles: after all, you cannot be supermarkets of the world. >> are you interested at all? >> i think it is very interesting. you have 18 had 18 seconds to make it to the buzzer. if you are curious, you have a good wallet and money you can burn. that is the speculation you want to make. oil down. >> a price that we have not seen since december 2009. it is interesting. the unrest in iraq has not hit the oil-producing fields just yet. the united states gets most of its oil from canada, mexico and saudi arabia. charles: no nuclear plants here. this will be a big one. >> this is a very unusual storm. they are talking straight property damage. charles: thanks a lot. time now for this week's -- that's far. you guys are pretty smart on this one. so far, looking pretty good. charles: he is a good act to this because you like it? [laughter] >> he actually eng discussion. he does not just scream and yell. no one takes the bait. no one buys them or makes them an offer. >> it is still actually

. >>> archer daniels midland announces its biggest acquisition ever. the green giant is paying for wire flavors the swiss food investor. they will protect itself from vol time crop prices and to benefit from the consumer appetite for natural foods. the deal needs the okay from regulators. it is expected to close by the end of the year. shares rose 1.35%. >>> expedia is buying an online travel company. it's a largest travel agencies in australia. it will help expedia expand its presence in the asia-pacific region. despite that, though, expedia shares lost more than 1.35% from $80 to $85. >>> shares have a lift after good fuse about a treatment a. new drug to treat severe pain performed well in late stage trials, taking it one step closer to market approval. so that resulted in another $10 million milestone pavement from endo international which has a licensing agreement for developing that drug. shares popped almost 39% to $13 and change. >>> apple has nabbed the vice president of sales for the luxury watch brand tag hoyer. this comes as many expect the

it is of causations and the tried to get publicans of earth accustomed to blaming archer when it comes to these allegations concerning the i.m.f. treaty i think it should be mentioned that in two thousand and nine there was a test firing of. the united states agreed upon and therefore we have toys to question the us president why is he blaming of our show nobody sees things going back to two thousand and nine ok now the claims of the missile test they really are just the latest has been a string of allegations recently aimed at moscow some people are saying this is no coincidence the timing what's your opinion on that yes. there is an ongoing flood of it because the nations against russia and this shows. that the international relations are really poisoned in d.c. . and this goes back to all the u.s. policy which started in the ninety's not all negotiated not to sit on a diplomatic table together service the russian federation but to expire and it's on target to avoid towards the east and promoting nato and doing what it can. fit operation i just wanted to get your thoughts on a court

. >> how does this position archer daniels?cher >> it gives them a foothold in europe, or another foothold. we have seen a lot of m&a activity in the last six months. some of it is tax related. u.s. companies looking for place to park cash to gobble up assets. this is not one of those. adm were to take over this company and then hoard quarter it -- headquartered in luxembourg and filter their taxes through it, it would be analogous to pfizer and astrazeneca. this is not that. this is a company that wants more of a toehold in the natural market and the foods market. >> hans nichols, thank you so much. it is a big week for the market. watching murders -- mergers and acquisitions. futures are poised to open lower. kicks off the earnings season unofficially. unemployment drops to the lowest level in six years. this causes speculation that the fed may raise rates earlier than expected. for more, we are joined by joe keeley who covers the markets for us. >> last week, we were building up to the jobs report and unemployment numbers. n

archer daniels midland is making its biggest acquisition ever. is paying $3 million in cash. they also make a product you may be familiar with,capri-sun. uber is temporarily cutting prices by 20% in new york. there was almost a collision. andssian jet had to pull up landed safely shortly thereafter. >> you might think the rain over the fourth of july weekend would've sent families flocking to movie theaters but apparently it did not happen. ticket sales over the holidays fell nearly 45% compared to last year. dismal attendance is compounding a rough summer movie season. let's go to jon erlichman. why aren't people going to the movies? this winter they said it was too cold is it to sunny? >> you have to listen to those customers. simple answer is that the customer is always right on the customer has not been that impressed with the summer line up and the numbers don't lie. the summer box office season is defined from the first weekend in may basically, to labor day. there were some studios avoiding july 4 because when it falls on a friday, that me

archer daniels midland hit a six-year high after the company said it will buy wild flavors for $3 billionthe products is capri sun juice drinks. more on the markets in 30 minutes. ♪ >> welcome back to the second half-hour of "btottom line." i am mark crumpton. thank you for staying with us. we have dealt with technical satellite problems. part -- professor at dartmouth. rudelywe were so interrupted i was asking janet yellen, she told everyone she would keep an ion wages come and not non-foreign payrolls. why are wages still stagnant? that the markets aren't listening to her, i suspect they're not following the data. that is what we will concentrate on here. the labor markets complicated by how the economy is complicated, not least because all these people left the labor market. the question is, will they come back cap out how should we interpret the fall and the unemployment rate? the answer is it is pretty complicated. if the economy was getting back to full employment, we would expect to see wages rising. thursday great non-foreign payrolls. with all wage growth remaining flat. has not

all out for us, two of the best attorneys in the country, elyse wheel and criminal defense attorney archerelyse, what's going on? >> the d.c. circuit came out early this morning saying, we looked at the statute itself and it said, unless you have a state-regulated agency to get the funding from, you can't do it. in other words, obama administration tried to come through and say, look, we really thought the states were going to be involved, they weren't, only about 14 or 16 of them actually signed up -- >> 36 states going away from federal. >> did not sign up. that means everyone who signed up with the federal statute, they're not going to get that tax deduction. >> i was going to say, unless you go one mile away. that's the other thing. it's not like this is one court on the east coast and one on the west coast. this is the district of columbia and virginia, they're right next to each other. this shows you how convoluted, complicated this whole mess is. you have six judges and they can't decide -- >> they can't figure it out. we know one thing, that this law is the biggest mess, i think, p