companies like avis and hertz are both down more than 15% this year.more americans start making vacation plans, this summer could put the entire car rental industry to the test. >> plan on renting a car this summer plan on a hit or miss experience. >> the last time i rented a car was in las vegas, and the service was not good. >> it's not perfect. few airports are tougher than others. >> rental car companies are trying to reinvent themselves while getting more profit for vehicle. just as travelers want to move through airports faster they also want to spend less time picking up and dropping off rental cars but less time at the rental car counter makes it tougher for these companies to generate bigger profits. >> they want to sell you, they want the insurance, they want you to come out with a bigger car, they want you to get some prepaid gas. >> hertz, avis and enterprise dominate the industry over the last decade. unlike airlines which now limit seats and charge customers more. rental car companies struggle with too many vehicles spending too many days

we are awaiting earnings from anadarko and avis.s says goodbye to the bull market super cycle for stocks and bonds. in his latest outlook, gross rights credit-based oxygen is running out. i merely have a sense of a bull market ending with a whimper, not a bang. is this what you are talking about in terms of yields? tulio: perhaps that is more the yield side of the equation, but the equity side, i would not agree with you. whether it is u.s., europe japan -- on the bond side, we have to see what happens. i mentioned earlier that the deflation thing -- if you look at five-year inflation expectations for the u.s. and europe they have been rising since the beginning of the year. people have not paid a lot of attention. i am not saying there is not already inflation in the world but the worst fears have turned. that means we may have seen the bottom in yields. carl: i think there is limited upside potential. we are still at low yield levels. this is the thought of economic data transitioning to q2. we are looking at 2% growth instead of

now compare that with shares of avis under the ticker symbol car, car. just 4% in the last year.g down the rental car companies right now? what we call it the rental car blues. first of all they have outdated reservation and i.t. systems. they're starting to upgrade those but it's going to take some time for where they need to be. too many cars that are not rented. in fact they're sitting empty eight to nine days a month. that's basically wasted capital. there's a lack of power there because they have cars that are waiting to be rented. and they're struggling with that excess ancillary revenue and allowing people to bypass the check-in counter. >> they're struggling with how do i on the one hand use a smartphone to get the customer right to the car, yet still sell insurance, actually like baggage fees things that are very profitable for the car rental companies. >> and oh by the way, we asked question what about uber? how much of a threat is it to the rental car companies. melissa and brian, think about daily rentals, it's only about 4% or 5% of the business when you talk about p

it comes after a few high profile avis of lawmakers suspected of driving drunk. >>> the death toll in texas now stands at 27. as of tonight, 11 people are still missing. chris martinez has the latest. >> reporter: residents near houston dealt with another downpour saturday. in the dallas area, more residents evacuated after new storms and many areas of the north, south, and central portionsover texas, the water keeps rising. >> my biggest concern is more rain. >> reporter: more bad news in this water logged state. in dallas, this major express way could be closed up to a week while crews pump water out. it could take up to a month for the water to recede in some areas. >> it is unbelievable. there is so much water and you know, there is nothing we can do. >> reporter: volunteers are using sandbags in rural areas to keep rising waters from washing out roads. and crews are using technology new and old to search for those still missing. president obama has signed a disaster declaration. federal aid there start flowing in soon. chris martinez, cbs news, louisville, texas. >>> and the floo

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imagine how investors in hertz and avis feel. problems in the rental world. phil? >> a busy morning here at o'hare and, frankly, we're in the midst of what could be a record year in terms of travel here in the united states. any company related with the travel industry. whether it's the airline or the hotels or online booking sites. they're cashing in. by comparison the rental car companies are struggling. we call this the rental car blues. a lot of people said to me what is the deal with the rental companies? why aren't they cashing in? a couple factors that go into the lack of performance, if you will. first of all, outdated i.t. and reservation systems. technology is changing the logistics industry it is slow to change the rental car industry. they are working to improve that, but it will take some time. too many cars not rented. in fact, most of the rental cars are only rented 21 or 22 days a month. that's eight or nine days a month where they're sitting there not being rented and creates a lack of pricing power. in fact if y

>> hertz had earnings and avis had earnings and they came from the stocks in a big way.k and options in both up through 55 or 56 even. i'm still holding on to hertz. that topped out at $53 a couple months back. multiple occasions. and i think it's a great set up. i would play it with the stop below 50. >> i feel like that. natural gas and san juan basin. >> this is a low distribution and it might die down a little bit and that's the time to pounce on san juan basin royalty trust. >> too much about san juan basin. the retail pick. you are the one who said you liked retail. >>s are that's the good point. and that does well after the earnings. >> that are does it at halftime. we will see you on power lynch that begins right now. >> hey, everybody. thanks for joining us. time tyler matheson. the big question at the big levels. do you buy this market sell or hold off entirely. two veterans are standing by. >> if you are an investor, you might be feeling green today. green mountain coffee roasted. the stock is down about 37% since november and the company releasing a new advic

. >> reporter: that avy, an effective weapon in strong hands. >> my non-medical opinion is that if shehave caved in. >> reporter: a man would have been able to swing the statuette harder? >> one or two times, at the most. >> reporter: and all of that pointed straight to peggy's daughter, susanne. not only did susanne stand to inherit half of her mother's $4 million estate, detectives thought her behavior was suspicious from the moment they arrived on the scene. >> she's saying, my fingerprints are all over the knife. my dna is all over inside the house. >> reporter: and she was telling detectives the same thing she said during the 911 call, that it was an accident. >> i think my mother fell down the stairs and stabbed herself. >> reporter: in the 911 call, you are offering a theory of what happened. that's very unusual. >> no. i thought she fell. >> reporter: secondly, you pull the knife out and you tell the police right away, oh, you're going to find my fingerprints on the knife, which sounds like somebody who is thinking ahead to the fact that that knife's going to get dusted for fin

so under cad avi with his intelligence service, his security service, he was very effective at dealing with extremists inside his border. when his government fell and those institutions fell apart, there was no capability any more to deal. so the arab spring was a boon to al qaeda because it reduced either the willingness or the capability of countries to deal with extremist-- extremism. now the one difference i would have over the call we made is i don't think it would have made any difference had we made the right call. i didn't think it would have made any difference had we said mr. president we think the arab spring is going to be a boon for al qaeda. the outcome would have been exactly the same so we got the call wrong but the consequences, not that significant in my view. >> there is a feeling in some quarters in the middle east that we are less relevant today and have less capacity to influence events. >> yeah, so i think we have all the capacity we need. there is a strong feeling among our allies in the middle east that we are not showing the necessary leadership, that we're no

i just moved avis $2. >> i love idaho, i don't like you slamming micron by the way. >> they did thaton. take a look at micron stock. >> it's down 25% year to date. >> it's bring down everybody else. by the way, i think it's a strong buyer. >> i started my career here in 1998 in that little booth that's up in the corner here i think i said waiting for higher dram prices. how long are we going to say that? >> no. that's one of the best-performing stocks two years in a row. the sam sung/micron really did change this. you're going to see the ek wi equilibrium equilibrium. >> courtney regan joining us on the floor with more with what's moving. >>> happy friday. on the floor of the new york stock exchange slightly flat. if we look around the world and where we're taking the lead perhaps, asian markets mixed. china rally continuing to cool over there. moving over to europe mostly higher the bond market calming. greece, of course the outlier is down about 2%. the euro is down -- below 1.14. this is something that we continue to watch as we see these currency mentions in a bunch of earnings r

along with car rental company avis. >> despite crude oil being down.ith the 2016 presidential cantidates. senator bernie sanders straight g right now. lily? he's right. sign up, and you could earn plenti points just for being a wireless customer. in the meantime, i just kick back and watch the points roll in. where did you get those noodles? at&t cafeteria. you mean the break room... at&t - the only wireless carrier to be a part of plenti, a rewards program that lets you earn points at one place and use them at another. witanywhere on any device.you can manage your account anytime, just sign into my account to pay bills, manage service appointments and find answers to your questions. you can even check your connection status on your phone. now it's easier than ever to manage your account. get started at xfinity.com/myaccount >>> cnbc chief washington correspondent john harwood has a great new series called speak easy. john hosts a series of casual conversations with major political figures. today that's bernie sanders. >>> president obama and talking a

avis and hurst doing very well and up by 8.6% and hertz after the earnings up by over 5%. to the crisis. spreading across america's farmland, now 20 states are impacted by the bird flu. they spoke about the outbreak and they have the headlines for us. >> we have the headlines and in a phone interview, tom is saying it's too early to tell what the cost will be of this mounting outbreak, but he does think we should have adequate supply. he doesn't expect major increases and maybe eggs would be the hardest hit. that has been the big issue since a number to have measures in place. we had circumstances and situations for producers who have not been as sinceative to the protocols as i think we would need them to be. the topics that have come up with industry experts in iowa and the like is whether we could import eggs from canada and mexico if supplies get too tight. the secretary said he doesn't think it's necessary and i will plug mandy. we will put a story up talking about how all of this particularly egg prices and the moves we are starting to see there. if you want more inf