. >> next, the supreme court oral argument in fifth third bancorp v. dudenhoeffer. the argument is one hour. >> we'll hear argument this morning in case 12751, fifth third bancorp v. dudenhoeffer. mr. long. >> mr. chief justice, and may it please the court, a fiduciary's decision to do exactly what an employee stock ownership plan is designed to do and what the plan requires by continuing to offer employer stock as an investment option is presumptively prudent. statutory language, trust law, congressional policy, and practical considerations all support this result. >> you want us to say that we have sort of a coach class trustee. we're all traveling in coach class when we have an esop. once we go down that road, how do we define what the duties of the trustee are? >> well, we're not asking for a coach class trustee. i mean, we're saying to look at the statutory definition of the duty of prudence in section 1104(a)(1)(b), which says that the duty of prudence must take into account the character and aims of the enterprise. so when we talk about esop's, we're talking

bancorp up with the legislation egg and the board approved it from the transportation prospective manyf the issues raised i apologize. i would here from the whole thing but in terms of concerns about those shilts from a it transportation prospective is exactly with the proposed pilot is aiming to address. i'm not sure i heard anything from the transportation prospective that will lead us to a different approach in terms of developing a program that is the purpose of the program to address the transportation concerns we've heard from the members of the public tonight and been hearing from our staff >> i'm trying to gather is this set in stone. for example, you heard one dollar is insufficient in increasing that. i'm trying to understand a little bit better within the organization of mta if there's a willing in-laws to incorporate some of the feedback we've heard you've heard along the way your e-mails and the testimony tonight. i've taken notation and members of the board have taken notes we'll share them with you. is there an openness >> to the president again. the purpose of this pilo

failed to offset net interest income thinking that the expectations and core operating earnings at us bancorp came into some slight versus expectations of what it is soft. after marketing tactics off earnings season with google ibm and standards investors will be focused on whether results added to both helper first the recent sell off in the internet sector when the audience results can continue support the recent rotation intact hardware. ideally i'll whip up or securities. is an overview of some of the global my kids the eye it is. it is. a reader of the people fishing and ninety nuclear plants as it's a wonder d contaminating system has suffered another setback the charity like a foreign company says one are use to wash contaminated the clintons over florida in the advanced liquid processing system for hours on wednesday. take this as workers discovered the problem while watching and taking his foot filtering radioactive substances. it really says more than one thousand liters of water overflowed. it is now within a barrier inside the alps building. the firm's as the one contained three p

it was announced with a vice minister of finance and financial bancorp mourns the loss knocked a tree on the establishment of eurasia stomach union between kazakhstan russia and the roos is expected the site in a separate section that specifies requirements for retirement from all parties is provided in the document in this section of the german teams are developing economic cooperation and exchange traded economic relations harmonize legislation that the republican chairman to ensure equal access to the german market of each other. currently the final version of the section on image is being developed by parties and candidates he is doing as of seven hundred villagers. the chairman of the tax committee on leisure mall to buy them announce that the taxpayers with the opportunity to spread the payment of in direct payments up to six months within the customs union each of the parties may determine its own dimensions are in direct taxes raising concert finished twelve percent in russia eighteen percent in the bill was twenty percent questions concerning the activities of the taxpayers o

have tons of excess capital and buying stock below converted book value and investors bancorp in new jersey about to do a second step transaction and book value will materially increase when they do that. it will happen in may and i think the stock has 30% upside for a patient investor. >> sounds like you like the smaller regional players from the big boys? >> i like catalysts. both those stocks are catalysts. federal is a buy back and the other is cheap compared to everybody else and i love mma in the small banks. >> thanks. >> always a pleasure. >> joe. >> mma, small banks, you think regions financial performed well, i like comerica, usp, pmc. >> josh sounds skeptical clearly. you do not? >> i do not. i like what michael is saying, we will do absolutely everything the fed wants us to do. sounds to me like he's putting the accelerator down pretty hard. wants to get it done. >> wanted to get it done last time. >> i know they did and disappointed. >> meanwhile, corvac revealed it is not necessarily baked into the guidance given, management's exact words. the stock is down below the 10

bancorp and m&t?usb i think the challenge is that credit card charge volumes were down much more than you would typically see just seasonally in the first quarter. that will hit them. and for m&t, a combination of items we talked about. weaker loan growth. weaker mortgage coming home. liz: we can only hope for a better quarter next time around. thanks, eric. >> thanks for having me. liz: david, over to you. david: a gaping internet security hole called "heartbleed" is causing users to change their passwords. we'll tell you how you can protect yourself from intel's chief security officer. >>> also new concerns about china's economy today after awful chinese trade data. how worried should investors in u.s. companies that have exposure to china be? we're going to give you a scorecard of the winners and losers. ♪ what super poligrip does for me is it keeps the food out. before those little pieces would get in between my dentures and my gum and it was uncomfortable. [ male announcer ] just a few dabs is cl

so if you bank with abc bancorp, what have, wait for them to say "we fixed the patch."acus and pen and paper? >> it is nice to know the patch has been installed. from they've fixed it. it is too early to be that cynical. >> too early in the morning or too early in life? >> in life. for you. >> cnbc's brian sullivan. thanks so much. >>> up next, nbc's kate snow joins us with a must-see report on america's heroin epidemic. it truly is. it is a fantastic report. morning he joe next. the tools ♪ ♪ to do it my way ♪ i got a lock on equities ♪ that's why i'm type e ♪ ♪ that's why i'm tyyyyype eeeee, ♪ ♪ i can do it all from my mobile phone ♪ ♪ that's why i'm tyyyyype eeeee, ♪ ♪ if i need some help i'm not alone ♪ ♪ we're all tyyyyype eeeee, ♪ ♪ we've got a place that we call home ♪ ♪ we're all type e ♪ a man who doesn't stand still. but jim has afib, atrial fibrillation, an irregular heartbeat not caused by a heart valve problem. that puts jim at a greater risk of stroke. for years, jim's medicine tied him to a monthly trip to the clinic to get his blood tested. but now, with

bancorp . >>> we got a wild within here.wings trading higher after first quarter earnings easily beat estimates top and bottom line. here first on cnbc is one of my favorites, 21 ceos sally smith, great to have you on the show. >> thanks, jim. always great to talk with you. >> all right. sally talk about a couple things. people were betting against you. we talk about how foolish that has been. you had raw costs go down because of wings, top line go up because of march medness and olympics. secular trends or cyclical in wings and secular for sports? >> everything came together really in the first quarter. certainly our revenue beat strong same-store sales. we opened strong restaurant openings on our new restaurants or average unit volumes are exceeding our same-store sales and some of the lowest wing prices we've seen in a while. >> a couple things, carl mentioned a concept, these are the new legs of buffalo wild wings. he mentioned pizza rev. i see the emerging and international coming on. i see you are doing things to make