bob dudley will be the happier of the two ceo's. guy: the refining operations -- where does the lower oil price leave that. that is a total story. will: total is the biggest oil refinery in europe and when prices fall, you put more oil in your car. refiners outperform. what you're seeing is the resilience of the integrated mobiles. your upstream does not do as well but you get some of that bacteria are finding and trading. francine: if we have the oil in this range between 50 and 60 will they continue to be making money out of trading? will: the big numbers, as oil falls. but low oil prices tend to allow people to make higher profits in trading. bp expects to see a good performance of the second quarter as well. guy: does this better bp number make bp more attractive or less attractive for an m&a story? will: i think a deal like that is not going to come on quarter to quarter numbers. what it does do is bolster bob dudley;''s case and allows them to better prepare the company for the upside. m&a industry will be german mostly by oil

bp ceo bob dudley sits down with our brian sullivan. they'll talk cleanup, compensating victims and the collapse in crude oil prices as well as much more. stay tuned. 's massaging gel insoles. when they're in my shoes my feet and legs feel less tired. it's like walking on a wave dr. scholl's massaging gel insoles, i'm a believer! you can call me shallow... but, i have a wandering eye. i mean, come on. national gives me the control to choose any car in the aisle i want. i could choose you... or i could choose her if i like her more. and i do. oh, the silent treatment. real mature. so you wanna get out of here? go national. go like a pro. don't just visit new york. visit tripadvisor new york. with millions of reviews and the best hotel prices... book your next trip at tripadvisor.com today. the technology changes the design evolves the engineering advances. but the passion to drive a mercedes-benz is something that is common... to every generation of enthusiast. the 2015 dream machines, from mercedes-benz. today's icons. tomorrow's legend

very good results for bob dudley. he will be pleased. we will see what investors have to say. focus on another company. manus: it is worth bringing this back to where viewers attention. it is going after bmw and audi for the number one spot. earnings coming up. for daimler. mercedes-benz revenue up 15%. earnings up 56% at the mercedes-benz badge. they will spend, spend, spend. rmb, they will spend 2 billion euros. the truck side of the business as well is doing well. seeing the earnings rise by 18%. so, first quarter of the ongoing business is up 41%. mark: apple posting it second-quarter results thanks to booming iphone 6 and 6 plus sales. china outpaced the u.s. for the first time. caroline: it is just reminding everyone why it is the most valuable company in the world. splashing the cash giving money back to investors and raking in a record revenue for the first quarter. it was a stormer of a quarter appeared profit up 33%. we saw a cool $13.6 billion being brought in in sheer profit. if you are looking at sales, $58 billion is what they made over the course of three months

case in point, bp ceo bob dudley and how he sees the market playing out over the next year. >> it is lower for longer. don't know how long. several years is a possibility. the u.s. the increasing oil production and the rigs have come down from 1600 to 750 and prices go up. >> and prices are the hot button issue. and where is the price going in the months and quarters ahead but the other hot topic is two-fold. iran and also crude oil exports and whether or not we'll see the export ban from america lifted. i asked dan urgen what he thinks. >> i think there is a sense of forward motion on it and is it eliminating a ban of 40 years out of date or are they going to kind of do some regulatory jiu-jitsu to get more out. >>> and the other question is if the crude export is ever lifted what would that mean to the oil industry and what would that mean for the price of oil. this is an industry in a bit of turmoil but the oil industry a notoriously optimistic one so as you imagine everybody thinks the price of oil will be higher in 12 months than it is today. for "nighlty business report" in hou

we have a cnbc exclusive with bob dudley. be our guest as well. to paraphrase monty python's night, we're not done yet. >> far from it brian. tonight on "fast money" we'll be trading some of the comments we get from the ceos. we'll be all over the big after the bell reports, we have amgen, yum, chipotle as well as yahoo!. >> live from houston and the nasdaq, "closing bell" starts right now. >>> hi, everybody. welcome to the "closing bell." i'm kelly evans on a busy day, bill, here at the new york stock exchange. >> i'm bill griffith back here at cnbc headquarters. we'll be seeing you later on "nightly business report" on pbs. what a day, we have earnings galore, a nasty takeover offer from mylan labs from a competitor of theirs. that will be juicy to follow. now this strange story, this arrest going back to the flash crash of 2010 may of

. >>> five years from the devastating gulf of mexico oil spill, find out why ceo bob dudley still hasay to go on the road to recovery. >>> and we'll focus on the stronger dollar impact on multinationals. a big week for earning. the dow up about 127 points. [ male announcer ] we know they're out there. you can't always see them. but it's our job to find them. the answers. the solutions. the innovations. all waiting to help us build something better. something more amazing. a safer, cleaner brighter future. at boeing, that's what building something better is all about. ♪ ♪ >>> 30 minutes to go till we hit 6:00 a.m. eastern. you are watching "worldwide exchange." i'm seema mody and here are your headlines from around the world. u.s. futures point higher with earnings in focus as a quarter of the s&p 500 gets set to report this week. all impact will be on the u.s. dollar. and comcast and time warner meeting with department of justice representatives on wednesday to keep their merger alive. >>> and target's website overwhelmed after offering a designer's line. >>> and the b.p. oil spill, f

bob dudley has been set in the company up for a long. time of profits.: the national foot all-league is trying to take better care of players. the legal institute of medical timeout for players who appear to be hurt on the field, the commissioner talked to charlie rose about that landmark settlement in which the league will pay up to $1 billion to resolve concussion lawsuits. >> players it may have suffered injuries we have programs that we hope will be responsive to getting them the kinds of help they need. you can't really determine causation. that's one of the things that the judge said in her decision. the causation wasn't clear. tom: you can watch all of that on "charlie rose" tonight on bloomberg television. olivia: it is nine days until the elections in the u.k.. david cameron is the with the leader of the labor opposition. there is a possibility that neither party will win an outright majority. we are very happy to have her as our guest host for the hour. ed miliband is the most radical labor leader in decades. they are talking about this could b

you have bob dudley. to be at credit swiss but what is really interesting about this is whether it actually effects voters or not because this is the stage where you get people -- whether you call them low information voters or floating voters people who usually don't care about politics and who might be welcome welcoming it and does this mean there won't be an investment? on the flip side they might say i don't care what big business thinks thinkssor disrupter parties for the election. >> how much of a set back is this for the labor party currently leading right now. >> it's interesting because everything at this stage, you still have so little to call between the two major parties and all of these new stories can be read in two ways so unless in one way it can be read as a bit of a disaster if it means that a lot of traditional voters make sure that they get to vote on polling day to try to keep it but on the other hand it could be a good thing if it means that more traditional party voters maybe more p

i'm going to be speaking with bob dudley the kreismt off of bp. i'm flying to houston. i'm flying to houston, but if you look outside, i might be walking to houston. >>> still ahead, do not expect to see many new models at this year's shanghai show and we're not talking about cars. interesting video. that's coming up next. >>> the bulls are in force on this monday. they are all in the green. we are right back. male announcer ] who are we? we are the thinkers. the job jugglers. the up all-nighters. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can say, "i did it!" ♪ ♪ we are entrepreneurs who started it all... with a signature. legalzoom has helped start over 1 million businesses, turning dreamers into business owners. and we're here to help start yours. stloo check this video out. cash goes flying after a car descend. it's all caught on video. two men collide with a silver car sending nearly $42,000 worth of chinese money spilling onto the streets. the men were supposedly carrying the money as part o

bob dudley may be the outlier. the ceo of bp telling us lower or longer.y are preparing for a $60 oil environment. most people are optimistic as those in the oil business are wont to be. what about rich kinder? come consider him the smartest guy in the energy field. he runs kinder morgan. they don't get oil but they do transport it. we asked him about the price of oil. we asked him whether or not the northeast will get a new pipeline. our exclusive interview with rich kinder coming up here in a few minutes on "power lunch." right now though let us talk about nomura. let us welcome in the analyst right now lloyd brown joining us. lloyd, i have to say this i got your report this morning. i opened it up. it was 353 pages long. so i want to be honest i did not read the entire thing. but i did read the part about where you suggested anadarko and concha resources are good bets. there are others you have buy ratings. why those names? >> thanks for having me brian. i think the risk/reward in the names today is compelling. we see 2 to 1 risk/reward to the upside. w

ceo bob dudley is promising that the dividend is safe at bp and honda's reresults were short of guidance. quality related costs, weaker sales in the united states as well as japan and the auto maker is now forecasting flat profits for the year. murick's diabetes drug meeting the main goal of a long awaited heart safety study. the news remove ace cloud of uncertainty around the company's biggest product and barrick gold results were hurt by lower oil prices and sales of gold. the company announced it started a process to sell a stake in a copper mine in chile. >> let's get a check on the markets this morning. we've been watching the futures. at this point the futures are mixed. dow futures down by 2 points below fair value. s&p off by close to 2 points. nasdaq off by four points. in europe in the early trading at this point it looks like there are some weaker numbers for the mayor indices there. the cac in france down by 1%. ftse off by.8%. in asia overnight the nikkei ended up by about .4% but shanghai composite down. wti down to 56.76 and in the bond market this morning if you take a lo

the floor of the new york stock exchange where you're a couple of blocks away bob, from the new york fed. are the bill dudley people are ascribing to the turnaround in stocks? >> not the only one. i think it was a very important factor today. that's a good point, brian. let me just show you the s&p futures here intraday and the important thing is this morning 8:00 a.m. we're at 2,044. look at this. 2,078 right now. you are talking about a huge move here. better than 30 point move in the numbers. that doesn't happen that often. we're off of the highs, but it doesn't happen that often. the fed will push the rate hikes out here. look at the s&p 500 for the year. let's call it 2,000 to 2,110. we're exactly in the middle of that particular trading range. guys, back to you. >> bob, thank you very much. let's start the show off with a market flash from mary thompson. >> hey there. i'm looking at software company. they offer two groups private equity firms. this according to a report by reuters. reuters is reporting the company has negotiated a sale that could value it between $5 billion to $6 billion. a deal that w

the minutes, which were three weeks ago and as bob pisani pointed out in the last hour came before that weak march report but we had two guys today, bill dudley the new york fed president, this morning saying june is in play. he thinks the bar is high for june but it's in play and jay powell the federal reserve governor whointerviewed at the council on foreign relations. i don't know if we have the sound. if you have it go ahead and run it. maybe you don't have it. >> we'll get it. you're point being that june is in play and that's why this market is responding a little bit hawkishly to all of these developments today? >> i think so. and i actually thought that when janet yellen spoke after the press conference. they removed patience and then she came out and said just because we said not april doesn't mean it couldn't happen in june. i think the fed wants the market a little bit ready for this kind of a move here. >> and rick santelli the response, this happened twice today. we had a rally in the open until the bill dudley throwaway line about maybe june on the table and then the minutes came out. so you had a stronger dollar you had yields