the encouraging tngmore on the end of the caterpillar the caterpillar cycle. the pests should soon be gone. >>> otis is going to be back baseball. >> there's only one sports l.a. dodgers. win and advance ensuring at least two more games at citi field. on tv like the rest of us. amoi setng geouofheas g fs. (vo) if you live in new york and you're eligible for medicare, empire blue cross blue shield can help you get a great plan at a great rate! our medicare advantage plans pay for many of the costs original medicare doesn't. so you can focus on other important decisions. empire plans help protect you from high medical costs. members have access to our trusted network of local and national doctors and hospitals, and can visit doctors 24/7 from home with livehealth online. plus get dental coverage, vision benefits, prescription drug coverage and access to over 13,000 fitness locations nationwide. now's the time to switch! and, you get zero-dollar monthly premiums - with no copays for annual checkups and screenings. the medicare enrollment deadline for new york so

. >>> and on thursday caterpillar and boeing. >> and dan, what do you choose. >> i choose caterpillar. we know that the farm land and the construction coming out of china is week. in terms of boeing it is an order book that is impressive. it is a stock prices in and trading at a multiple. i'm not sure it deserves these levels. i think it is vulnerable. if you ask me which stock to trade, i might be more opt to look at caterpillar. >> but you think the upside is in caterpillar, and i want to make that clear. >> that is what is tough about the game. it is more about one than the other. >> but the rules of the game as we've explained them to the traders are the better earnings. >> i haven't seen a copy of the bylaws. >> you signed them. >> on to biotech, bio gen and eli lilly. who will have the better earnings report. >> bio againgen and do the ding ding ding. it is being crushed and sold off ever since. trades at 15 times forward earnings and lilly is around 22 times. lilly has ho knock the cover off the ball. >> don't think they will. i think bio gen is better than a beet by lilly. i t

more on the results, caterpillar chairman and ceo.some type of bottoming process at this point? >> good morning, joe and everyone. as always, nice to be with you. there's no question we're in a rough patch right now. listening to a couple of the other earnings, and all i can say is our day will come, but it's not right now. we had a fairly good operational quarter, reporting 75 cents without restructuring, and within that, was an impact of 17 cents of currency translation in brazil, smaller amount in china. add those back, we had a decent quarter, but be that as it may, our big markets are mining, our oil business supplies to that market are very soft right now. we announced a major restructuring a month ago to address this, to get out in front of it for 2016, and we're doing all we can to fortify this company to get through this very rough patch we're seeing today. this is to the our first down tou turn or recession, seeing them many times in the 90-year history. we'll come out better. we're fighting right now. >> did you make a comm

on squawk box we have the ceos of southwest, hess, caterpillar, eli lily. let's talk about the ipo and the debut that everybody was talking about. ferrari making a quick start out of the grid yesterday as it debuted on the nasdaq. shares of the italian super car maker opened up 15% higher even though the company priced it's ipo already at the top of the marketed price range. cnbc spoke to the ceo of ferrari's parent company fiat-chrysler. he said there was still plenty of scope for global expansion. >> for simple geographic coverage of the rest of the world it's a big world. we only have 204 points of sales. we only have 180 salesmen that cover that network. the potential is much larger. high network individual. the population keeps on going up. >> there you go. now we also asked him for his view on the rumors that apple should start building it's own car. >> are they going to get a car made or build a car? those are two separate questions. i doubt it very much that they'll set up infrastructure to manufacturer cars. they have not approached this. this indu

the canadian caterpillars black spines contain venom and it can cause a nasty rash.hese caterpillars have been shotted in western pennsylvania and in the state college area. doctors say in most cases the rash can be treated at home but it will be uncomfortable for at least few days. now the good news is, when the letter gets colder, these caterpillars will go into hibernation. >>> a local student's family notice the effects of post traumatic stress diss or. everything changed when a four leg companion joined their family and they're hoping to make a difference for others just like them. shawnette wilson live in north wales tonight. shawnette, the work this mother and son are doing is giving a lot of wounded warriors hope. >> reporter: yeah, this mother and son what they're trying to do for veterans is huge. they're trying to provide service dogs to veterans and this comes from a place that is very close to their hearts. jennifer green and her son kevin have started an organization called alpha bravo k9. jennifer is currently a dog trainer but is now training dogs to

. >> all right, well, onto another creature you probably don't want to mess this, this is caterpillarok harmless enough, but this thing actually contains venum, showing up in parts of central pennsylvania called the white hickory tusk caterpillar. if you see it, believe me, don't touch it. it has hairs with barb that contain preditor to fend off the preditors, but it can also penetrate the human skin. >> hairs embed into the skin, then they pull away from the caterpillar. so they're left behind. they cause a determinal reaction. >> now, do you come into contact and end up with a rash, you can treat it with a convention alan tie rash medication. good news pretty soon it will be too cold for these caterpillars and will go away until next spring. >> i don't know how much good news that is for some of us who don't like the cold weather but moving right along. dancing may seem like harmless activity, but for one man, dancing landed him in court. sixty-eight year old steve unger decided to do a dance on the sidewalk white waiting for his car. dancing is his passion. well, passing drivers, t

coming up we will show you a venamous caterpillar showing up here in our area.2 million project to protect part of atlantic city from storms, gets underway, we'll see how it works, coming up next. plus this: >> this is a giant breast, the biggest i've ever seen. i'm health reporter stephanie stahl. coming up: what it is doing in a south philly parking lot. fighting to saveatlanti. chris brown's attacks? the press calls them "embarrassing" political "posturing." the truth? chris brown and will pauls opposed the atlantic city rescue plan, even though it would save thousands of our jobs. we already know they're propped up by north jersey casino interests. and pauls even wanted the vote to allow north jersey casinos "this year." now they brag about helping atlantic county. but there's a word for politicians like that. hypocrite. >> construction now underway on atlantic city last project in storm protection. the $32 million see wall will run along the absecon inlet there, replaces old section of the boardwalk damage in the super storm sandy. local officials say there

caterpillar? >> caterpillar, we are still in that stock. covered snf it. >> we think the environment is going to turn pretty rough. >> short intel, they had their earnings report. there was some holes in there, especially in the server market. that stock is getting dragged higher by these earnings rock stars, even though their earnings were questionable. i mean, how do you manage that? how does that play into the strategy? >> it continues to be fundamentally very weak in our mind, and we're going to -- i mean, the mandate of our fund isn't a hedge fund. we're 80% short at a minimum all the time. >> we weren't as heavy when the energy sector got hit? we're more technology oriented than anything else. >> brad, thanks for coming on. interesting conversation. >> any time. >> brad. the halftime desk battles it out for top trader in our portfolio challenge. both josh brown and stephanie link making moves today. they're going to break down what they're doing next. plus, trading twitter ahead of earnings next week despite a rough year. only two sel

caterpillar on the idea that maybe the cash flow is good.s is a market that does everything but love health care. health care is an epidemic. open the window and influenza. >> jim, we will see you tonight. >>> when we come back, hillary clinton on capitol hill. former dallas fed president, richard fisher. don't go away. it's back, t-mobile's most popular family plan now get four lines. each with up to 10 gigs of 4g lte data. just 30 bucks a line! it's 10 gigs for all only from t-mobile. prge! a manufacturer. well that's why i dug this out for you. it's your grandpappy's hammer and he would have wanted you to have it. it meant a lot to him... yes, ge makes powerful machines. but i'll be writing the code that will allow those machines to share information with each other. i'll be changing the way the world works. (interrupting) you can't pick it up, can you? go ahead. he can't lift the hammer. it's okay though! you're going to change the world. >>> good thursday morning. welcome back to "squawk on the street." i'm simon hobbs. david faber. mar

>> caterpillar is an interesting thing.get more global what caterpillar is doing with the development in china and all over the world. it's a bit of a different market than what whole foods is doing. we are coming into year three of the affordable care act, looking at what the nlrb wants to do. there is a letter challenges companies are facing and because they are being prudent and not over hiring, that does not necessarily mean the economy is bad. we still have a skills gap that exists. scarlet: your firm published a white paper on the skills gap in march. 98% of ceos say the skills gap threatens their business because they aren't able to fill job vacancies. when we get data like today's report, does that mean companies have given up on trying to fill these positions? >> no. a skills gap and it is doing either coding or big data analytics on that side of things and companies will pay those positions, anywhere from year, they$150,000 a will be more particular on what they are hiring. entry-level customer service or sales po

caterpillar and ibm, i think that they both are talking about this.n't think that they get the urgency factor but these are two names that i think are going to be much higher, i just don't know when they make the turn. >> caterpillar, i'm certainly going to give them more here because they are in the top business right now because commodities are down, oversees the commodities are weak and there are others like caterpillar and ibm, it is a special case. we saw great results from other companies, can ibm move fast enough, if you know what i mean is the one that's right, by a company, be up player. >> i will tell you that right now we like wal-mart. we have a great dividend, start accumulating. charles: thank you. we have our session of ♪ ♪ (under loud music) this is the place. ♪ ♪ their beard salve is made from ♪ ♪ sustainable tea tree oil and kale... you, my friend, recognize when a trend has reached critical mass. yes, when others focus on one thing, you see what's coming next. you see opportunity. that's what a type e* does. and so it begins. with e

>> yes, it will happen everything from caterpillar on deere and help companies like procter & gamble that is struggling. charles: what 'notion, we in-- you get bounces, this a bounce in a otherwise bear market, that started earlier in the year, how could you justify crude oil over $50 a barrel. >> it is possible with the political turmoil going on and our administration messing up in the middle east, russia is in there, flying over syria bombing, we are in big trouble. this pushes oil prices up considerably. >> skeptics, same one, are saying, just a rally based on fed being accommodative for longer, is there more to that story. today's move got a booster, a shot in the arm. >> the market was just waiverring confident this fed said -- waiverring, then the fed said there is not look like too much weak in china then we have a rally, last friday, we have a report and a rally, there are big deals happening, that is we'll see a lot of deals in fourth quarter. >> what do you mine. >> looks like dell will acquire emc, small players like pmc-sierra get -- >> are they left for dead? >> it adds

. >> and the fellow dow component caterpillar slashed its outlook today.he company said weak demand for equipment used in mining and oil drilling will eat into earnings for the full year. caterpillar also reaffirming its forecast for a decrease in sales in 2016 for the fourth consecutive year. >> our big markets are mining our oil business. supplies to that market are very soft right now. we announced a major restructuring a month ago to get out in , to front of it for 2016. we're doing all we can to fortify this company to get through this very rough patch we're seeing today. >> the stock, however, did rise because the results were pretty much in line with expectations and not worse. >>> 3m is cutting its full-year profit forecast and says it will shed about 1,500 jobs worldwide. the maker of scotch tape and post-it notes reported a sales drop of 5% in its latest quarter. hurt by a strong dollar and a slowing global economy. wall street liked the idea, though, of the cost cuts, and it sent shares higher by 4%. >>> and still ahead, a new report today shows

this follows similar announcements from hewlett-packard, caterpillar, chesapeake, bank of america, and others. in fact a new report by challenger, gray & christmas, which is a firm that tracks the job market, says the number of announced layoffs last month topped 58,000, up more than 40% from the prior month. so is the labor market at a turning point? hampton pearson takes a look. >> reporter: ahead of the september jobs report tomorrow, cost currents from the economy. headline weekly jobless claims up by 10,000 last week, topping 277,000, but the more closely watched four-week moving average dropped to just over 270,000. a 15-year low. but a surge in announced layoffs last month in energy and high tech is raising concerns the job expansion may be nearing an end. u.s. firms announcing plans for nearly 60,000 layoffs, mostly in the computer sector, with hewlett-packard accounting for nearly half the job cuts. according to a closely watched private sector survey. >> but one of the things you start to see as you get near the end of a period of expansion but before it really turns su start

we will get results from amazon, microsoft, caterpillar, just to name a few.morning. >> cheryl: reaction to joe biden's reaction to sit out in the white house. one person thrilled is donald trump. >> nicole: support for his bid to be the next speaker of the house. >> cheryl: and in sports -- >> and it's in there, strike three. the new york mets have won the national league. >> cheryl: , oh, yeah, they did, they sweep and head to the world series, they are going to face in quest to become champions. >> nicole: we are happy. >> cheryl: what's going on in sports, markets and breaking news and what to expect for your day ahead. >> nicole: let's turn it onto hillary clinton, clinton who was secretary of state at the time has been grilled on the attack which killed four americans, this will be the first public hearing on benghazi and is expected to last as long as eight hours. the panel is also facing from democrats and republicans, partisan driven effort to undermine the presidential candidate. keep it right here on the fox business network for a live coverage of t

then there are weird things like -- mention caterpillar. up lower after weeks of not so great earnings. they ended up positive on the day. an overall sentiment shift. i do not think it means we are out of the woods yet. volatility, the vix, back to normal and for a lot of people that equals ok. betty: thank you. bell is next.sing a huge earnings day. microsoft, amazon, i'll put that/google, at&t some of the companies reporting. -- also that. ♪ . . scarlet: we are moments away from the closing bell. i'm alix steel. joe weisenthal is on assignment today. [closing bell ringing] scarlet: u.s. stocks soaring today. european stocks surging to a two month high. all of that after mario draghi says the banks can be ready for more stimulus this year. scarlet: but the question is "what's you miss?" we will break down the results for alphabet, the first result since changing its name from google. we also have earnings from microsoft and more. 's cash burn.bia the oil nation may run out of assets needed support spending within five years. but we begin w

if caterpillar is going higher. and uri is down too much.ee dee in nebraska. >> caller: jim, good to hear your voice. beat. >> i do not know it. that is embarrassing. i have to do more work. i don't want to disappoint people where my grandmother lived her whole life. al in california. hi, al. >> caller: yes. here i am. the transports seemed to lag the major averages. what about union pacific. >> it's my favorite rail. it is incredible. i've got to tell you i'm late to the party. i am willing to like union pacific. this group is having a major move. union pacific, i don't think it is having that good of a quarter. i don't think anyone cares. it's a buy. jim in florida. jim. >> caller: yes. i'm calling about raytheon. >> they're even cutting the budget here. look at the paper. i want it in my backyard. and i like my neighbors. zach in texas. zach? >> caller: boo-yah, jim. i want to know about gilead. >> i have been waiting. it sells at 8.5 time earnings. that's ridiculous. it's one of my four or five. i think gilyead is a buy. >> i can hear gr

now caterpillar's stock can return almost to where it was before it had that huge horrific shortfall.kay. supply is one part of the equation. even if you close aluminum plants, without a pickup in demand, you end up with a short term rally. coal is a long term buy. the rest of these stocks, my bottom line is they can only run so far without an actual turn in demand, not just a cutback of supply. that's what has to happen for this commodity rally to continue from this level. if it doesn't, then you'll soon have to ring the register on most of these stocks. they'll end up disappointing no matter what unless china comes back on line and europe gets stronger. those are the keys to the next leg up or the next leg down, if the weakness doesn't rapidly turn into strength. let's go to art in new york. art. >> caller: how are you, jim? >> i'm good. how about you? >> caller: not bad. i've been a holder of chesapeake energy for a number of years. it looked like it bottomed out two and a half weeks ago at 605. the news on the street has always been very negative of late. the question then is, is

caterpillar i'm much less certain on. they've got to see some sort of upturn in their business, for heaven's sake. i'm calling it. i think there's a bottom in the chinese slowdown. tomorrow begins the real test for the industrials, the old techs, and the oils. remember, i'm making these calls because i think the market's coming in. not because i think it's going higher. i want a buy week. on "mad money" tonight, many thought helen of troy was losing her looks in this market. why beauty is in the eye of the beholder when it comes to this stock. and eli lily plummeted today. could this be the chance to buy? and crude oil rallied last week but took a let today. i'm revealing when plays could be worth considering. you're not going to want to miss it. why don't you stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. when

we look at big industrial companies, 3m, caterpillar, dow chemical. they did well on the bottom line, but top line was on the light side. this is very interesting. we've been talking about revenue shortfalls but a lot of traders and analysts are now saying, look, the strong dollar has really hurt the revenue side, and some of them are starting to get a little bit of a pass on this. i think that is a very interesting way to interpret that. it's true, although i still see revenue declines even independent of the dollar. but that's a changing scenario that we're seeing. meantime, modest expansion of two news. look at consumer stocks. mcdonald's, excellent report. $1.40, $1.25 was the estimate. global comp store sales up 4%. the turnaround in mcdonald's is under way there. dr. pepper, pepsi, kimberly clark, kellogg. a lot of consumer names at new highs. look at some of the industrials. small group of industrials. we have some historic highs. northrop grumman and lockheed martin, even general electric strong today. one other stock historic high, nasdaq. an

some people say, caterpillar is a good eye at this price. cisco of nearly 5%.e should mention that the rally today is lifting the nasdaq composite into positive territory. one of the major markets averaging to do that. starting to do that just a little bit. quickly on twitter, up five and a half percent. jack dorsey is officially ceo. some stability. trish: thank you so much. ashley webster. we will check back in with you in a few seconds. you have 23 people dead. the world is outraged. judge napolitano will join us next with the legal implications ahead. hillary clinton left the campaign trail for a few minutes. snl stint later this hour. ♪ trish: the issue of gun control is taking center stage. days after the tragic oregon shooting. hillary clinton has new points today. an issue that actually brought her. watch this. >> so many of the parents of these precious children that were murdered have taken the on unmatchable briefs that they had been bearing and have tried to be the voices that we need to hear. trish: vowing to use executive action to put these new r

now, she spends hours collecting the pinpointsized eggs -feeding the caterpillars -she released more than 100 butterflies into the wild this summer alone. "ok, how about you? you ready?" but some experts worry well-meaning drought gardeners like shortridge could be doing harm by trying to do good. many are planting non-native -or so-called 'exotic' --milkweeds because they are more colorful. a choice that could affect the monarchs' life cycle and make them more vulnerable. soundbite (english), hei-ock kim, california native plants society "you're going to change chemistry, climate, biology. you're changing all their habits." for now, the monarchs don't seem to be complaining. milkweed popping up in backyards press, san diego) that's all the time we have this morning. we're glad you tuned in. for mike hoffman, tyne morgan and betsy good morning. thanks for joining us on this wednesday october 21st. coming up in this half hour of news 4 today... nbc's political director chuck todd made a stop in sioux city. he talked about the political climate during this presidential election cycle..

caterpillar shares rally 1% today. and some think it will be more when we have reports this week. mike kuo has the option. >> it is still down 40% from the high last year. and this is a stock that moves 4% an average and that is about what options are implying for this earnings. but most of the bets are to the upside. the most active options were the 72.5 calls trading at 60 cents and that is bullish that it will be up 4% by friday. >> thank you for that, mike. check out "options action" at 5:30 eastern time on fridays. and do not miss an interview with james crawford. he uses satellite imagery to uncover economic trends in china construction to crop yields. it is brought to us kurtsee of real vision tv our friend raul paul remember him. >>> coming up next the traders tell you what they are watching tomorrow right after this break. stay tuned. >>> quick programming note. cnbc will host the next republican presidential debate so don't miss full coverage right here wednesday, october 28th. time for the final trade. we start off with colin gillis of bgc. how do you grade the earnings

united airlines and caterpillar missing, a couple of down arrow stories.have dow beating and eli lilly beating but as tom pointed out, they are putting out a 16% decline in revenue. dan loeb will not like that. david: a lot more to come let's go to tom keene. you have a timely read. into howre getting many pumpkins do we need at the house. i am going as revenue recognition for halloween. i will wear a bowtie. let's go to the morning must-read, a smart asset. coincidednt story, it with looming patent expirations on household name and medications on by major drug companies which brought about its audacious takeover spree the industry has ever seen that is the backdrop for what we saw yesterday which is something everybody knows within drug distribution, pharmaceuticals have struggled with we have this stuff in-house and we have to take the inventory off the balance sheet into sub companies or other companies and it is a big accounting battle. david: that is the allegation out of citron which shorted the stock. the real issue is were they related to the speci

the survey also ackowldeging that caterpillar's recent decision to layoff 5 thousand employees is having a nenetive impact on the entire central illinois area. coming up, find out how a "fosteparent" is helping to retore oyster beds in new hampshire. in the country is (in the country brought to you by the all new kubota ssv series skid steers. you asked for a quality skid steer and we delivered. visit your local kubota dealer totoest drive one today) along the east coat, the oyster population has suffered a dramatic decline in recent decades, but conservationists, restaurant workers and even oyster foster parents are working to change that. noreen nah-zeze from the associated press has our story, (it's a popular seafood delicacy. and it's taking a whole community to ensure its survival. from conservationists.... to restaurant owners.s.. even at about 10 percent of what we were even in the 1980s. there are multiple causes: disease is one of them, some water quality issues, sedimentation, over-harvesting." to combat the dramatic decline in the natural oyster popululion... the university of

stephanie: and...can these caterpillars really predict the winter weather? we've got the answer after the break. brad: ((ad lib weather toss)) tomorrow on good morning iowa... christmas may still be weeks away... but plenty of people already have their holiday shopping started...and we have some tips to help you get yours done. plus... no one likes being served a ticket from a cop...but how about a burger? we'll explain why officers will trade their ticket slips for food orders. that's tomorrow on meteorologist brad edwards and local 5 sports with sports director jon schaeffer. this is local 5 news at 10. we are iowa." stephanie: welcome back, if you've been outside recently, you may have stumbled across one of these furry little catapillars. there's an old wives tale that claims the orange band on the woolly bear catapillar will predict the upcoming winter. the larger the band the harsher the winter. today, we spoke with the iowa dnr to see how true this myth really is. "well, i don't know that i'd trade stocks and bonds based on those types of indicators,

this caterpillar could you have seriously miserable. it's showing up tonight. ♪ >>> plus fighting crime with some serious elbow grease. >> makes everyone feel safe. >> the dangerous neighborhood getting a makeover and why police believe the criminals will be thrown out with the trash. ♪ >>> live from center city in philadelphia this is fox 29 news at 6:00. >>> right now just a beautiful sunny fall day but it will be much different scene at the start of your weekend. severe weather could be rolling in just in time for your friday commute. good evening, i'm lucy noland. >> i'm dawn timmeney. behind those storms weather changes and fox 29's kathy orr is live outside our old city studios. kathy, just a gorgeous day. >> yup. >> what a day to be outside. a little bit of a breeze. still plenty of deep blue sky. low humidity and here in old city philadelphia everyone is just outside enjoying the day. a lot of traffic everyone wants to get home before sunset which is shortly before 7:00 o'clock this evening. but as you can see, a lot of folks ou

you have got caterpillar laying off 10,000 folks. i mean it's just not strong and to me it's just going to be a slow grind. and so that brings me to where you going to put it? i want to put it somewhere that has demand that's given that's going to grow and to me agriculture is the only sector that does that. i mean the energy sector doesn't.> we still have to feed people.> still got to feed people. we are still at 225,000 people a day on a net basis. so yeah, i think money needs to stay out of the equities for a little while longer.> what about the dollar? do you see the dollar having a big impact in ag? > absolutely, i wish that i could tell you where it's headed. you know i look at it ...the question is do we do a qe-4, do we not? i don't know. i mean you have good arguments for both. if we don't we run the risk of becoming a currency island and then we are not going to be able to export anything and that's going to be negative for ags and you name it, but on the other hand if they decide they have to ease to keep pace with everybo

caterpillar, there are weaker global machinery sales.ot that much. 50, 60 cents, that's all you've got. here is market watcher todd horowitz who joins in new york city. and that's the slowdown story. >> that's the global slowdown, the excuse of the currency, the currency wars, because the currency part is easily hedgeable and-- >> an excuse? >> yes, it's an excuse. they had bad earnings, but they're blaming it on bad currency, which the currency portion of that trade could easily be fixed by anybody who understands the market at all. stuart: a quick question about the dow industrials, and the futures market up about 120 points. you say that's europe opening the door to printing money. >> free money for everybody and let them eat cake and that's what we'll do, because every one of the central bankers have that currency, that printing press ready to go, give money because we want the markets to keep going up. stuart: this just happened and made a statement to that effect. >> this morning, 7:45 eastern time. stuart: that's why we're up 100

turning to the markets, caterpillar, dow, all among those to report earnings for the third quarter. important meeting as well. take a look at futures. gains, and still third of a percent. over in europe, investors are waiting on decision from european central bank. many are expecting president to extend easying policy. major averages there, mixed, cac in paris and dax continue to go recover with a fraction higher. making another move infant -- fantasy sites. misuse of inside data. this comes after days after investigation clears employee of any wrong doing. hurricane patrickia gaining strike. winds 75 miles per hour. big night in baseball, toronto bli jays still alive. race to the american league, jays beat the kansas city royals 7-1. royals now lead the alcs3-2. and then there's new york, the new york mets taking out the broom last night at the field. watch this. >> here is the payoff pitch. on the way and in there, strike three. the mets win, the new york mets have won, put it in the box. the new york mets for the first time in 15 years are champions of the national league. >> mar

the industrials like related to latino america, the caterpill caterpillars, i don't think the trouble is over for them because they are not seeing recovery. mark moeby is saying people are overblowing the problems in china. he is saying they are moving to a service based economy. that is not helping them out. so there are the haves and have not s. maybe boeing could potentially benefit. but if you are looking at the mining sector, i would stay away. >> it feels like ge is a stock specific story. when you look at honeywell, it missed in revenues. >> that is a good point. and ge stock is up 15% in the last couple of weeks. there is activist pressure in there. an it is not based on fundamentals. the earnings is 22 times this year's experted earnings so that is a ten-year high. the honeywell got me looking at the space in particular because that stock at one point was down 2.5% on the day and ge was up 3.5% but the xlive, the etf that tracks it was down. so ge's performance is masking a lot of bad per poermance in the space. >> you could see the commentary from emerson and the chairmans s

it funds potential buyers of goods such as caterpillar and others and funds exporting goods to the restd seen as a bone of contention that the politicians have not been able to get the renewal of that charter from its expiry june 30th. for three months companies haven't gotten financing. this could be news for exporters and indeed to ramp up financing for the export sector. >> all right, steve sedgwick, thanks very much. >>> time for me to play monday morning quarterback with bill karins. >> ooh, got my popcorn. >> and ea look back at nfl sunday. >> on the run, needs the 26, he's got his receiver, it was caught. it's a touchdown! >> winston takes some time, goes over the middle for sims, and now they're in field goal range but don't have a time-out. ball comes loose. redskins recover. >> first and ten, again excellent field position as tannehill has a short field, guns it far side, it's landry making guys miss. landry still on his feet, inside the 30, 20, crosses the 10, 5, touchdown! >> wide open is diggs. he leaps for it, in the end zone, touchdown vikings! >> first down, foles gives

these creepy critters may look cute but experts say the white hickory moth caterpillar carries venom. >> the hairs embed into the skin and pull away from the caterpillar and they are left behind and they cause a dermal reaction. it could be no response to a minor response to something that is kind of creating a blister. >> the canadian caterpillar popping up. area experts say we are on the back end of the cycle so the pests should soon be in their homes. >>> how would you like a box of lucky charles with just the marshmallows? >>> a big honor for a little boy. >>> checking your traffic and weather on the twos. >>> don't forget you can connect with us all morning on just follow us on facebook and twitter cat cbs new york. -- @cbs new york. we love, love, chocolaty, creamy, with a little something extra. mmm deliciousness. cookies or almonds. yumminess. hershey's is mine, yours, >>> 5:22. time for traffic and weather on the twos. that is a happy man on your screen. >> reporter: well it is friday. and getting a lot of vitamins there. apple picking season. 56 in the city right now with cl

the dow components 3m, caterpillar, mcdonald's and microsoft are due out.n the tech front, we will hear from amazon.com and the google parent, alphabet. economic data include existing home sales and jobless claims, and that is what to watch tomorrow. >>> espn to lay off about 300 employees. the disney-owned network is cutting jobs as part of an organizational change. the network is facing rising programming costs, slowing growth, and it's also under pressure from viewers who are migrating online. >>> a very rough day for shares of valiant the pharmaceutical company which has been at the center of the drug pricing debate. saw its shares plunge after an influential short seller accused the company of inflating its revenue by creating phantom sales. serious charge. valeiant denies the allegation. shares fell as much as 40% midday, but they did climb back a bit to close about 19% lower. >>> shares of health insurers fell today after democratic presidential candidate hillary clinton said she had "serious concerns" about etna's plan to acquire huma and anthem's b

take caterpillar. the mining equipment maker is down more than 20% this year. as equipment demand adds waned partly due to economic weakness in china and brazil. emerging marks represent about a third of the company's revenue and investors will be watching closely when it reports earnings later this week. and it isn't the only one. analysts are looking to hear how companies plan to navigate the global economic environment heading into 2016. >> we'd expect 20 see some additional modification to near term expectations. and even beyond the third quarter going into fourth quarter where many diversified industrials provide their 2016 outlooks. we expect to hear more details about how these companies are planning to change their near term strategies, either to mitigate or possibly even take advantage of the slower global growth environment we're in. >> there has been a bright spot. aerospace and spdefense. the industry group is down less than 1% for year, outperforming both the overall sector and the s&p 537 defense stocks have been safe havens. helped by multiyear b

if you look at a caterpillar over the last few years, look at macnaman.lked about natural gas, look at lng, that's trading within a whisper of a three-year low. another name that he has for raid into. already great individual names but that is bee lying what is a slowing or stalled u.s. economy. >> we will have to leave it there for the time being. guy, thank you. appreciate your perspective. guy adami much more coming up with him and the "fast money" crew at 5:00. if you missed the tech rally they have three more names still worth a buy. >> got a question for mike santoli, the newest member of the cnbc team. ask us now to ask mike anything, we will get his thoughts on the market, the economy and whatever else you want to know next. >> uber continuing to raise money at a furious pace. we have the latest eye popping valuation for the ride sharing service coming up. you're watching cnbc, first in business worldwide. >>> welcome back. in case you haven't heard today it's mike santoli's first official day as cnbc commentator. to welcome him to the family we t

a couple ones, let's say cat tractor, caterpillar would be one. or joy global, they are tied, i think, to emerging markets. and if you look at the charts, it is just bad news after bad news. so could these sort of stocks -- i'm not saying 22% in a day but at some point, when you have a sentiment turn, it can turn fast and that is the point i would take away. >> but there is no chinese government sort of force to step in and say for cat or joy we're going to help this industry and -- >> but if they support the core economy which has been principally things like the real estate boom which hasn't been filling the housing but building. that's essentially what propelled the commodity markets for the past decade. and if you get stabilization there, then some of the stocks have fallen sharply. but at the end of the day you need to see these companies and the mining companies that they have to get to a sustainable level. they can't be propelled off of artificial growth, which is what happened in cat in particular. >> what does cat look like? >> down and t

the energy sector with caterpillar looking to build renewable energy across some of the more mode islandsn indonesia. many of those don't have coal. that's a very useful one. there is another one in eastern indonesia that wants to be 100% renewable within five years. rishaad: he got his trip short to meet the technology chief. does that mean no deal with the likes of google or apple? think the rest of his entourage it's still carrying on to san francisco so i would expect some announcements there. not major deals but i think they are interested in investing in indonesia and google is engulfed to increase internet access using balloons. it sounds pretty bizarre but it indonesiaood for where infrastructure is weak and there are a lot of small islands. that is the kind of thing that could spread internet here. ofarta is a major user facebook and is looking to get the rest of the country connected. rishaad: thank you. but only have a look at what is going on market wise in indonesia. let's look at the movers this morning. --as resident joko widodo president joko widodo said, let's take a look

earnings misses from american express and heavy-equipment maker caterpillar held down some gains. the dow gained 321 points -- now at its highest level since mid-august. the s and p rose 34. the nasdaq -- 80. mcdonald's had good news. sales edged up at u-s locations in the third quarter. higher average checks offset a decline in traffic. mcdonald's has made some changes to its food in the hopes of making more money. restaurants are toasting buns longer, searing burgers to make them juicier and using butter margarine. union has approved the new four-year contract with fiat chrysler. it now turns its attention to bargaining with general motors. the union will use the fiat chrysler deal as a template for negotiations with g-m and, eventually, ford motor company. it's here's a live look at ??? on our city cam. plan on a pretty wet day all across the area. showers will move in by mid-morning and be scattered about the area for most of the day. our daytime highs will likely be hit in the evening hours, with a few thunderstorms also possible at that time. overall rainfall amounts with th

be sure to snap a picture of your costume. caterpillar. sean: we've received lots of photos, like little lucy. and ernie the dog. he's looking forward to making his rounds in the pope costume. erin: that looks like it is a home made costume. sean: impressive. take pictures. we'd love to see them. do you know how much the average person spends on halloween? the answer to that and fun facts coming up. now time for the u local hot shots. check out the beautiful shot. beautiful photo there. you can submit your pictures and video and join the thousands of u on at wmur.com. sean: uber offered a special service yesterday in honor of national cat day. i'm sure kevin took advantage of this. comfortability of course. sean: they delivered kittens to people got to snuggle minutes. they had to fill out a questionnaire and confirm they had a confined area for the kitten. more than 20 kittens have been adopted since it began. this is a great way for people to maybe test the waters. erin: we're seeing a lot of this pop up. in the spirit of halloween, we w

last week, caterpillar reduced its profit forecast and 3-m plans to fire about 15 hundred workrs. the unite to orkers and general motors have apparently averted a strike. the two have reached a tentative contract agreement. workers were set to strike this morning if they did not reach a deal fiat chrysler reached a new contract agreeeent with workers last weee next up for the u-a-w -- a new deal with ford. and n-b-a players are back on the court this week as cheerleaders head to court. they are arguing that the n-b-a has underpaid them. the salary cap for players climbs to a record seventy million dollars per team this season. the former n-b-a dancer behind the lawsuit alleges the league paid her just five dollars an hor. it's here's a live look at ??? on our city cam. plan on a pretty decent fall day. all indications are that this will be the nicest day of the week by far, so enjoy it! plan on highs into the lower 60s. remnants of hurricane patricia will lift north along with a decent sized area of low pressure tomorrow,w,ringing area--de rainfall. amounts on tuesday and tuesday