this was after hain told "barron's" to watch the free cash flow. so "barron's" is saying listen, gotcha here. >> i started this company 20 years ago and we had $2 billion in sales and $4 billion market cap. i built this company on big acquisitions. earth's best is the largest brand. when i bought it was a $14 million and today it's 200 million. listen, there's so much growth out there. we spent 300 million, 400 million in acquisitions. unfortunately, "barron's" come back and said our free cash flow has a hole in it. we earned close to $200 million last year. maybe i should be a tech company and not earn and money and get some of the valuation out there. we came back and grew high single digits. there's not many companies out there in the food industry growing like that. in the last neilsen numbers we were up over 11% consumption and he also mentions that hey, how

david barron, please step forward. diaz where the testimony is the truth, the whole truth and nothing but the truth so help you god? >> i do. >> i have had the opportunity to meet your family when i came in. sunday in the david barron family archives when they go back and find the transcript of this hearing, you want to know who is here. would you please tell me who you have with you? >> want to make sure i don't forget someone. >> if you do, you are the one, not me. >> i want to express my thanks to you for chairing the hearings and ranking member grassley for convening and senator lee for being here and the president for nominating me and i would like to introduce my family to you. right behind me is my wife, julia, and next to her my three children, my daughter, cecilia, my oldest son, leo, my youngest son, jeremiah, told me he had an awesome jim class, i appreciate his sacrifice. mallory he helps us with the kids but we hope not this afternoon and over here is my parents, that is my father, jerome, constitutional l

from new york today where we are attending the 22nd annual barron investment conference. it's taking place at the metropolitan on opera house. how often do you get to see you have live at the metropolitan opera house. our guest host today, ron barren. we have a lot to talk about with him. ron, thank you so much for being here today. >> thank you, becky. >> we will get to all of that in just a moment. but first, joe and andrew are back at cnbc headquarters. republican old wolf will join us from the weather channel with the latest in just a moment, but andrew, back over to. >> thank you, becky. on the market, the october jobs report. the release due at 8:30 a.m. eastern time. the reports polled saying the economy likely added 120,000 jobs last month. that's the estimate and the baseline to play against. the employment rate is seen ticking higher to 7.4% and the numbers expected to show the government shutdown delayed hiring and forced some workers, of course, to stay home.

one of barron's top 100 financial advisors is here, and he says forget the bubble talk, there's tons of opportunity. he'll tell you where to look, and also, tom baric of colony capital is with us for the next hour, with the great trades. carl, we'll see you in a bit. >> all right. thank you so much, scott. >>> now, more than ever, big companies are turning to social media and twitter specifically to create marketing and ad campaigns and to engage in realtime with customers. this morning, we're going to talk to the top marketing executives from both dunkin' brands and wendy's. we'll start with dunkin'. we're watching the first use here of a tv ad created entirely on vine. of course, owned by twitter, which dunkin' debuted during espn's monday night football earlier this year. tom costello is from dunkin' brands and joins us from san diego. john, good morning to you. >> good morning. >> you guys have been aggressive. people talk about the #mydunkin, and how long has that been in

>> reporter: barron's had negative comments. but the nasdaq, 4,000 today. big deal there.all street. at one point we were 45 points for the dow jones industrials, lost it all, gained back about ten points. the russell 2000 loses just a fraction of a percent. you could call this flat. let's not make too big a deal of this because we still are in recorder story. david: i am david asman, time for your front page headlines. pending home sales falling to a ten-month low in october. sales of previously-owned homes fell .6% missing economists' expectations of 1.3%. liz: elon musk poised for its first satellite launch, a rocket due to lift off from cape

the word bubble has been used compared to technology stocks, market watch, barron's, carl icahn.arles and sandra on this. sandra, first of all, you're out there in chicago, what do you make of all this talking down the market? doesn't seem to be working today. >> reporter: i don't know if you could necessarily say that carl icahn is talking down the markets. i mean, he's really, you know, the voice of the markets this general right now, the voice of investors who have been questioning whether or not we can hold on to such a rally. i mean, we're looking at about 3.6% earnings growth for the s&p 500 this quarter versus last quarter. charles payne is going to argue that renders the stock market rally that we've seen. stuart, however, carl icahn's point is taken very seriously, and that is that the low interest rate environment is largely helping out the stock market rather than the management of these companies in particular. so he's just questioning whether or not the fed's easy money policy has artificially brought us to this point in the stock market which is a reasonable questio

joining us this morning is ron barron, the chairman and ceo of barron capital. he's the fund manager of the four star barron growth fund. ron, it is a pleasure to be here this morning. thank you for having us here. >> thank you for inviting me. >> we love coming to this conference. we love checking in with you. and over the last four or five years, i was trying to go back and set the date. but i think it was just over four years ago. maybe you had been saying it before. but i remember vividly, you saying that this was going to be one of the best opportunities to buy stocks si s since you began career back in the '70s. that you were looking at things at generational lows for stocks. and you've been right this entire time. you're a value guy, though, and it start to wonder when you look at the markets after these incredible highs, is it a lot tougher to find value out there today? >> growth value rices. is it tougher? it's always not easy to find things, but when you're looking around and you have a certain process that you use and you're trying to find businesses

creative planning president of c i o and the number one spot on barron's annual list of top 100 independent wealth advisers, welcome. any time, your typical clients we should let people know are what you call the millionaire next door. tell me what is worrying them most and in general and we will get to the five biggest worries and your answers for those. >> if they don't overly worry about too much and have a lot of confidence but questions we are getting the most of market valuations and all the hype about 14,000, 16,000, gives people a sense the we are overvalued and a lot of concerns revolve around that. liz: were they worried when we had 14,015 because that has long been in the rearview mirror and hopefully as you look at this should i be concerned about market's all-time highs if they didn't miss out on the subsequent highs that happened? >> we have been invested through all of this note none of our clients are missing out on this. i remember dow 10,000, a lot of questions coming around especially for newer clients, much to go in because we're going back down, 13,000 seen the big numb

the mission is now to determine how mars went from a wet living planet like earth, to a dry barron redt. our science and technology contributor joins us from san francisco tonight. great to see you, how exactly will it do this. >> well, john, mavin will make a ten month journey, and the best way to understand the mission is to think -- imagine that earth is dead. you and your family and all of our loved ones have been dead for millions of years and our oceans are gone, the breathable atmosphere is away to nothing. and some other civilization wants to come along and figure out how it happened. mavin is the mission they would send. >> how long does this take? how long is the trip take? >> the actual trip will be ten months and then mavin will slow down and join the orbit of mars. that will teacart huge distance. and it will go around the planet for the better part of a year. sampleleing the atmosphere of mars. >> why do we care about the atmosphere? >> the think about, is mars is sort of an iconic planet, but it has been -- it seems so lifeless, mars has an incredible amount in common wi

damp and water always dripping here because of the mist in the area but right now it's completely barrone and no forest and so hot i can see the sky and shining directly on my face and i can feel the heat. >> reporter: they have been monitoring the climate for decades and the temperature has gone up two degrees celsius and that is a dramatic micro climate change. and temperatures are still rising. for tea and other crops that need cooler temperatures that is a real threat. >> good to grow because it's warmer number one. number two test population may increase and we may attract other kinds of pests. >> reporter: and hill side farm workers are contaminating river water with ecoli and how has this been allowed to happen and development company representatives would not talk or let us film. for three weeks the top government official for the area would not return phone calls or e-mails and when we went to his office the staff said he was unavailable and they were once unique but what is happening here is becoming all too common, rapid, unaccountable development and changing not just appeara

ben willis, barron's had a big bubble article over the weekend so you're bullish on this market, you see maybe a correction but minor at that, so what are the risks in your mind? >> well, actually, rising interest rates are kind of like smoke to a fire. it's a great indication. you -- rising interest rates are good for equity, quite frankly, and actually, if we start to see them rise, you may see the correction in equities we're looking for, but that's a buying opportunity to your long-term investor. that's a sign that things are going well. it's not a negative. it's a negative if you still have your money in the fixed income market. that's not a very good place to be in a rising interest rate environment. but for equities, it's going to be your opportunity to buy if there is any pressure that comes from the eventual tape perking that will happen, that's a good thing for equities. lori: well, i think the other side of that then is if rates rise, companies have to pay more money to borrow money, so there's that side of the story which is why a lot of people are concerned that rising r

they talk about this as part of barron's.ry good parts of arrogance. it is hard enough for most parents to keep track of what their kids a during the read a lot of kids don't have parents was in a mall that closely. they can just walk in and no one will pay attention. gerri: thank you for coming on. fascinating story in an amazing sight to the. thank you. >> thanks. gerri: three of the top five movies in theaters right now are rated pg-13. was vegas, and ender's game. despite the violence these movies tend to be very popular for all ages. in tonight's top five highest grossing pg-13 movies of all time. number five, the dark night rises to last year's blockbuster raking in four under and 40 million. a pretty big all, but not compared to its predecessor, the dark knight, which came in a number for. he pledges last movie role was a big hit in 2008 in nearly $535 million in the u.s. number three, the avengers, disney's board huge when decided to partner with marble. a super hero super movie took in more than 623 million last year

>> reporter: barron's had negative comments. but the nasdaq, 4,000 today. big deal there. liz: here go the bells ringing on wall street. at one point we were 45 points for the dow jones industrials, lost it all, gained back about ten points. the russell 2000 loses just a fraction of a percent. you could call this flat. let's not make too big a deal of this because we still are in recorder story. david: i am david asman, time for your front page headlines. pending home sales falling to a ten-month low in october. sales of previously-owned homes fell .6% missing economists' expectations of 1.3%. liz: elon musk poised for its first satellite launch, a rocket due to lift off from cape canaveral in florida. the company, founded by the billionaire, musk, hopes to create a cost effective way to enter the commercial satellite market. david: square is going to eliminate its monthly $275 flat fee. instead, small businesses will pay the normal fee of 2.75 per cent, per swipe of online sales. the company said they were eliminating the flat rate because the program was stunting growth

james, washington editor of barron's magazine. mark, staff writer at crane's investment news. michael lindenberger, washington correspondent for the dallas morning news. paul, washington bureau chief for crain's chicago business. chet, ceo of global private group for james financial. allison fitzgerald, finance and investigative reporter at the center for public integrity and the chairwoman of the national press club speakers committee. skipping over our speaker, kasha, a u.s. economy and treasury reporter for bloomberg news. molly, freelance journalist and vice chair of the national press club freelance committee. cheyenne hopkins, reporter for bloomberg news covering banking legislation. [applause] our guest today is a longtime member of the republican establishment in washington, a former leader on capitol hill and a respected voice in the movement to rein in federal spending and reduce the u.s. debt. it came as a surprise earlier this fall when former u.s. senator judd gregg began a commentary in the hill newspaper with these words, most americans these days are simply ign

[laughter] no, no, william shatner on the cover five months ago of barron's saying that priceline wasame on fbn and told people to buy it on weakness, it's up about 3 or 400 points -- stuart: did we ever find out how much bill shatner's got? reportedly, he's got a chunk. >> he made more off that than star trek and t.j. hooker. [laughter] stuart: there is no deal with iran on its nuclear program, that could be affecting the rice of oil. sandra smith at the cme, it's up 18 cents, the price of oil right now. what do you make of this nondeal with iran? >> reporter: well, it's a big deal. oil prices actually up 18 cents right now, we're just below $95 a barrel. brent crude, which is the european bench mark, it too is higher. the reason this is a big deal is you had six world powers, china, the u.k., russia, france, u.s. all stepping forward to meet with iran, basically saying that they would curb some sanctions with iran, for iran if they were willing to curb their nuclear program. iran did not negotiate whatsoever. so this is really a sign that there's really no end in sight in these nego

earlier this week we heard market watch and barron's talking about a tech bubble.michael robinson. i take it from what you've said so far, you do not think this is a bubble in the technology sector? >> absolutely not. there are just no numbers to bear this out. i've gone through extensively the last couple of days the numbers are not there. we're not in a tech bubble. tech is healthy and it's a good time to be there. stuart: the actual stock price is way above their earnings. companies like amazon and i could go through a whole list of them. they've all gone straight up. you don't think they're getting just a little toppy. would you put money into an amazon, for example? >> depends on the investor. i like amazon a lot these days and i think there's potential for enormous earnings. bezos has been spending a lot of time and money for the franchise and look at something that you just said about earnings and price. so, i look at forward earnings because in technology we're looking at growth and we want to know what we're paying for next year's earnings and if you look

james, washington editor of barron's magazine. mark, staff writer at crane's investment news. michael lindenberg or, washington correspondent for the dallas morning news. chiefwashington bureau for crain's chicago business. chet, ceo of global private group for james financial. allison fitzgerald, finance and investigative reporter at the center for public integrity and the chairwoman of the national press club speakers committee. kashang over our speaker, , a u.s. economy and treasury reporter for you -- bloomberg news. journalist ande vice chair of the national press club freelance committee. cheyenne hopkins, reporter for bloomberg news covering banking legislation. [applause] our guest today is a longtime member of the republican establishment in washington, a former leader on capitol hill and a respected voice in the movement to rein in federal spending and reduce the u.s. debt. it came as a surprise earlier this fall when former u.s. senator judd gregg began a commentary in the hill newspaper with these words, most americans these days are simply ignoring republicans and

i'm becky quick reporting live from new york today where we are attending the 22nd annual barron investmentn opera house. how often do you get to see you have live at the metropolitan opera house. our guest host today, ron barren. we have a lot to talk about with him. ron, thank you so much for being here today. >> thank you, becky. >> we will get to all of that in just a moment. but first, joe and andrew are back at cnbc headquarters. republican old wolf will join us from the weather channel with the latest in just a moment, but andrew, back over to. >> thank you, becky. on the market, the october jobs report. the release due at 8:30

james mcteague, washington editor of barron's magazine. mark shuff, staff writer at cranes investment news. michael lindenberger, washington correspondent for the "dallas morning news". paul mirren, washington bureau chief for crane chicago business. chet helk, sis ma chair and ceo of global private client group for raymond james financial. allison fitzgerald, finance and investigative reporter at the center for public integrity and the chairwoman of the national press club speaker's committee. skipping over our speaker for just a minute, a u.s. economy and treasury reporter for bloomberg news. kenneth e. benson jr., president of sifma. molly mccluskey, a freelance journalist and the vice chair of the national press club freelance committee. and cheyenne hopkins, a reporter for bloomberg news covering banking and legislation. [applause] our guest today is a longtime member of the republican establishment in washington, a former leader on capitol hill and a respected voice in the movement to rein in federal spending and reduce the u.s. debt

a food writer, but everything really came together for me when i read the financial news weekly barron's and investment expert jim rogers was quoted as saying buy breakfast. so what did he mean by this? he was advising people to purchase frozen orange juice futures and pork belly futures which no longer trade now. but he was essentially saying buy orange juice and buy bacon. buy breakfast. and right there that just solidified for me what the book concept was going to be, a mash-up of food and finance. and what i love about food is that it really does allow you to tell stories about people, about history, and in this case, about finance to a degree. and one of the things i found as i went along was the history of america's commodity exchanges really runs a parallel course with the history of industrialization and technology in america. and by this i mean the telegraph. that really helped to sync up prices around the country and around the world. you weren't just talking to your neighbor and saying, well, i think this commodity should be priced at this. you were able to find out what it wa

close this year, but in the past you've missed ii quite significantly.yo and, colleagues, i just saw barron'sne had a coverd story on slow growth. they project for the next 20 years growth would be 1.8% based on a number of research numbers. mark zandi, who's testified several times, projects 1.8% for the next five years. a so, mr. elmendorf, this prescription suggestses we coule have better growth -- suggests we could have better growth the we get serious about constraining our spending. is that accurate?on >> senator, as you know, you're referring to, i think, figuret 6.2 which looks at the longer a term effects of different paths for federal debt. we do not distinguish here o between the effects of reducing spending or raising revenues. this is simply an analysis of the effects of having narrower deficits, and you're absolutelys right, narrower deficits will be good for the economy in the longer term. as i said earlier today and on many occasions, the deficit reduction that's occurred over the past few years has actually been a headwind on economic growth because the near term economic pro

it's the journal, barrons.ou're out there in what people would call bubble land right now, given what we've seen from ipos. but again, we use that term -- you and i have been through that couple of real bubbles, whether it's housing or the dot-com. where are you given all of the noise out there on this? >> i'm reviewing all of these companies that i'm going to be speaking to, dave, and i've got to tell you, it's a theme. there's no earnings per share. there's no p.e. multiple. every time i look i say, wow, this is only selling at 18. no, it's 18 times sales. you and i had a parallel track in 1999 and in 2000 is switched. s&p bottoms. what i fear is that right now we are in that period where there's a whole group of stocks that have lost the moorings of what we regard as being traditional valuation and that's never a good sign. >> yeah. meantime, what may bring us back to reality is these retail earnings. jcpenney says it's going to be the worst holiday season since 2008. consumer sentiment had a bad day friday.

. >>> muy bien tacher, emily barron de california, cumple tres el de la izquierda, y un aÑito joshua.dor de paul stanley, le enseÑÓ a alejandro chabÁn la tÉcnica que lo puede ayudar a usted. >>> no se pierda como lucÍa, a la nueva miss universo venezolana ganadora. gabriela isler antes que osmel sousa le diera su toque mÁgico. >>> estÁ muy guapa. en medio de la fiebre, de "mira quiÉn baila", no se pueden perder. nuestra clases de baile para nuestro alan, serÁ posible que aprenda algunos pasos. serÁ? >>> sÍ. >>> quiÉn serÁ el jurado. ♪. ♪. ♪. ♪. dale alan. ♪. ♪. ♪. (aplausos) >>> a ver, la maestra deberÍa ser gina olmos, que baila rete bien. ♪. ♪. >>> gi ♪. ♪. >>> y esto cada vez se pone mejor anita. >>> en medio de la fiebre de "mira quiÉn baila". alan, te traemos una coreÓgrafa para enseÑarte primeros pasos de la pista, serÁ que puedes superar el reto. >>> el entrenador de box de paul stanley le enseÑÓ a alejandro chabÁn, tÉcnicas que te pueden beneficiar. >>> thalÍa responde preguntas que tÚ enviaste por las redes sociales, porque aquÍ en "despierta amÉrica", tÚ mandas. ♪. ♪. >>> da

coming up next, trending, sasha barron cohen at it again.story behi this. wel tell you. >> and the inspiring recovery of a marine corporal wounded iraq. willie shares his tohing story. >> and at 8:30, a veteran's day concert from lady antebellum, but first,hese messages. fore mike could see his banking aninvesting accounts on one page... bere he could even think about planning for his ughters' future... mike opened a merrill edge investme account and linked it to his bank of america nk account to help free up plenty of time r the here and now. that's the wonder of reamlined connection that merrill edge and bank of america. today our junior cw captain'members declaredovery. their new found independence while the ung cadets explored u. thadmiral and i discoved the fountain oyouth. later, we re treated to a ral banquet. we celebrated with cannofire. l in all, another fine day asea. disney cruise line. en it comes to pleasing everyone, thdifference is disney. like our n santa fe chicken quesadilla, burger bites, sandwiches, and more, served with

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