chuck robbins is the chairman and ceo of cisco.anywhere march wall street right after this. tso why binge in here, when you can do it out there. with this clever little app called audible. you can listen to the stories you love while doing the things you love, outside. everyone's doing it she's binging... they're binging... and... so is he. so put on your headphones, turn on audible and binge better. powerful potential... signature toughness... and one more thing... the world comes with it. the new, reimagined 2019 jeep cherokee. thanks for the ride-along, captain! i've never been in one of these before, even though geico has been- ohhh. ooh ohh here we go, here we go. you got cut off there, what were you saying? oooo. oh no no. maybe that geico has been proudly serving the military for over 75 years? is that what you wanted to say? mhmmm. i have to say, you seemed a lot chattier on tv. geico. proudly serving the military for over 75 years. you ok back there, buddy? maria: coming up next week, a big program we've got billionaire in

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so expect to see cisco and those names go down. for those opportunities to buy the buyback i think that's what helps drive the market through >> we want to get to take-two earnings eric chemi joins us now. >> take a look at these revenues a big miss there $411 million in adjusted revenues that's their net bookings. compare that to $445 million that the street was expecting. that's a big miss there. the stock is halted right now. it's expected to reopen trading at 425 we'll have to see what that reaction is. also the guidance in the next quarter, very light. $215 million to $216 million pointing to the success of fortnite as hurting all the video game makers like electronic arts. take-two in that boat as well. back to you. >> all right that's setting them up but still surprising to see a stock halted altogether on the earnings >> it's interesting. i was going to ask if eric hadn't mentioned it about fortnite because for activision it seemed like a big deal. i don't know if there's a difference in the game mix here. >> i'm not savvy

big changes coming for the likes of cisco, which is trying to tackle data security i spoke to chuck robbins, the ceo of cisco, about some big issues they're facing. >> it's exemplary, we can -- everybody can debate details, but i think that it's been a very positive process, and for us we've been ready. we've been helping our partners and suppliers prepare for this you know, i applaud what's going on here. we're happy we're prepared for tomorrow >> so you deal with a lot of data, the problem is if you use that data inappropriately there are big fines that come your way now. how do you make sure you're not running the risk of being tangled up in those fines and your clients don't get stuck with huge fines in europe. >> we established a -- we have a security and trust office. we have a chief security officer dealing with this issue. they spend time making sure --

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josh lip ton has more on cisco's results. >> cisco became aic s valley titan by selling hardware, switches and routers that direc internet traffic now transitioning offering more software and services to its customers. piper javaherifjaffrey's jeff f it's one of the leading dicators for future growth as cisco now attaches more software to its products. he notes that inline guidance for a stock that went up might ave disappointed some investors. i'm josh lip ton, san francisco. >>> and fellow dow component johnson & johnson is revamping the iconic baby products line. some are over 100 years old.in they're h the move will reverse years of declining sales. is morning's announcement was made ahead of the annual analyst's day. meg tirrell has the story. >> reporter: whe new mom meg conrad shops for products for her 3-month-old daughter, she always check >> i try to avoid products that have sulfates, parabins and artificial fragrances. >> reporter: she uses an organic brand. at you won't find in her bathro bathroom, johnson's baby. th has attributed to a 20% decline since 2011. our rhaps because

final, dillard's spiking jim, you own cisco >> i own cisco i'm not at all thrown by the price decline here it was a very good quarter people were saying i think the word i saw was tepid the guidance is totally in line. the stock's been a real horse over the last year they're doing everything right you know what, let's make this simple, guys if you're investing, follow the cash this is a cash generation machine. >> this company is trying to shift to one that is more driven by software sales than hardware sales. this tells me, this stock performance, that it's going slower than a lot of people wanted or expected >> i would agree with you if it can a bigger price decline if this was 6%, 7%, i'd agree with you but if you'd look at the growing of things, the internet, software, and i just don't think the price decline is large enough to say the plan is off track. >> you had so many traders come into this hoping for a blowout quarter that we saw in other tech >> right >> well, they didn't get it, they sold it that's all that's happening here nobody is making a fundamental call on cisco here

as a result out toward pacifica and semper cisco as well as half moon bay. upper 40s to 50s and areas of fog at 53 degrees. by lunchtime so patchy and overcast. partly sunny skies, and a bit of a breeze. temperatures in the 60s. here's a forecast model tomorrow morning, with the coverage out there and patches well inland. clouds go back near the coastland. and we will have over the summer, a sticky place. near 60 coast side. and lend is upper 70s and closed 80 by about 4 pm or 5 pm tomorrow night. that is your friday. we will talk about your weekend coming up just a little bit. >>> official say a student and teacher were killed when a school bus collided with a dump truck. that have been in new jersey this morning. school officials said the bus was taking a group of field -- fifth-graders to a tour site. that is about 50 miles west of new york city. 38 students and seven adults were on the bus. official say all of the survivors were taken to the hospital and police say it is a difficult day for the schools and the families as well as first responders. >> we

. >> getting long talking about walmart, home depot and cisco.e depot reports results tuesday ahead of the open. walmart which will be before the open on thursday while cisco shares are near multiyear highs and trending positively as of late, the same can't really be said for the other two. now to a lesser degree, you've got a nearer term uptrend for home depot, but still now 8% below its record high from the end of january, and home depot, of course, one of the big beneficiaries of the rally in the stock market since president trump's election then you've got walmart. with serious work to do. it's a negative trend since its own record high from january, and it's been down pretty much ever since shedding a quarter of its value. might that possibly mean more volatility around earnings so right now the options market is pricing in a 5% move up or down for walmart stock about a 3% move up or down for home depot for earnings and the options market is pricing in a 5% move upward or down for cisco. together the combined implied theoretic's market cap m

cisco hadn't been above 34 bucks a share since the dot com bust can they get past and grow differentesses intel has done a slightly better job telling that story but cisco still very much in it. >> the worst performer on the dow today. if you look at the round-up of analysts' notes, slumping service provider are being pointed to maybe the beat wasn't as big a beat or the guidance in line not bigger than expected it speaks to the fact that overall investors are getting much, much pickier about the numbers they want to see coming out of the tape. >> they've been up about 16% year to date. >> true. >> expectations are high. >> exactly. >> coming up, i've never seen anything like what has transpired here. that's what the judge in the cbs lawsuit case is saying ahead of his ruling today on the fate of sherry redstone's restraining order -- the restraining order against her. latest on cbs/viacom when we return stay with us ♪ you and me together ♪ through the days and nights. ♪ i don't worry ♪ 'cause everything's ♪ gonna be all right. ♪ no one, no one, no one ♪ can get in the way ♪ of what

a lukewarm forecast from cisco.ly 3%. take two revenue outlook is falling short but analysts are staying optimistic. the stock is applicable dollars at 115. jcpenney sales fell and it's off another 33 cents. that is how much but it's down 11 and half percent. more than a dozen republican senators wrote a letter to senate majority leader mitch mcconnell asking him to cancel the august recess if you look at the work done. senator steve dain signed that letter and he joins us shortly at some point, we are going to be able to beat als. because life is amazing. so i am hoping for a cure. i want this, to uh, to be a reality. um, yeah. there's nothing more important than your health. so if you're on medicare or will be soon, you may want more than parts a and b here's why. medicare only covers about 80% of your part b medical expenses. the rest is up to you. you might want to consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like any medicare supplement insurance plan, thes

cisco had a nice beat.t the outlook was want as strong as the street was looking for. other people, namely me, that was thrilled with the actual outlook. so let's see where the company's headed and cisco's ceo chuck robbins is joining us from san jose chuck, let's straighten things out a little first of all, this was a much better-than-expected quarter and second, you did not offer an outlook that was below what people were looking for. >> jim, first of all, thanks for having me today. look, i think there are three key points about the quarter number one is the strategy that we laid out three years ago is working. we delivered record eps. we had continuing business momentum in the growth rate on the top line record shareholder returns during the quarter if you look at the second point of the innovation that we're driving right now in our core networking space with the intent-based networking that we launched with david on this show last june on this network, that product is the fastest product in the histor

>> no. >> cisco doesn't have it back. where did it go?>> but it was brad's own computer examined by the fbi which coughed up the most accusing evidence of all. evidence he'd already lied under oath. >> the kids fell asleep around 9:00 p.m. i fell asleep soon after. >> in his deposition, brad said he was asleep with his daughters when nancy came home from that party friday night. but brad's computer said otherwise. he was online until about midnight when nancy came home. >> he's been awake on his computer. when she comes in shortly after midnight, we think they argued and that a fight ensues and that's when he strangled her. >> and then the closest thing the prosecution had to a smoking gun, a google map search. prosecutors allege brad typed in the numbers 27518. the zip code for cary. then zoomed into the exact location where nancy's body was found. when do they claim he did this? 1:15 in the afternoon on friday july 11th, 2008. the day before nancy went missing. proof of intent? maybe. maybe not. it wasn't much of a search. it lasted jus

>>> here is your headlines cisco is under pressure after failing to impress pressure with guidance take-two has rebounded only 1% now after its result and jack in the box is down 2% mike your two second final thought. >> looking the fallout for this market >> we'll see you bright and early tomorrow that does it foreclosing bell. "fast money" starts right now. >> live from the nasdaq, new york city times square, i am melissa lee. tonight, it continues with danny masters, chairman of coins chair. he says crypto rally is on hold right now but not for long he'll explain. and heitzmann, he'll tell us what sports will mean for the entire industry. we'll start the show a little bit differently tieonight you may have seen this debate on the web. it is trending on twitter, people are fighting whether they are hearing laurel or yanny. take a listen. >> yanny >> i heard laurel. that's the majority of the people have been hearing the point is, it is certainly up for interpretation just like the markets. get where we are going here? we got three major issues, rising rates and higher dollar and gas price

cisco, though, you are in cisco? >> opposite end of the spectrum. >> give me your rip on this?> the stock yesterday had an 18 year high. if you look to juniper's earnings weeks ago they were get. cisco has been moving away from hardware to software, security, internet of thing. that's true but they still have a hardware business and juniper bodes well for cisco i'm looking for a good report. >> we asked you to send in questions for your traders let's look at the tweets what are your thoughts on jd.com >> i'll take it. this has been a treacherous stock this year. it looked like it was breaking in and out the 50s it's just been absolutely hammered ina lot of people are pointing to emerging markets softening up, which there is some truth to except then you look at alibaba and you realize this is probably something more company specific and less people pulling money out of chinese tech etfs i don't know how it shapes up but i want to stay with strength in this space and want to be diversified. i use k webb for exposure into chinese internet i don't pick individual names in the spac

. >> he was so good that cisco systems invited him to move to raleigh and work for the company. >> smart guy. >> smart guy. >> but if nancy was to go with him to america, for immigration reasons they had to be married so in the small of 2000 they said their vows. an intimate family affair. >> how did she feel about going to north carolina. >> she was aprehencive at first. lots of tears at the airport but i think she was excited. >> a few years later there were two bmw's in the drive way, a vast circle of friends and brad a bright future at cisco where he was an expert in internet teletechnology and telephones. one of 152 experts in the whole world. and two little girls, bella and katie. >> the best mother i've ever seen. she played and played and played. she was just so hands on. >> sunday went by, monday, and monday evening. >> it is my very sad duty to tell you that the search for our nancy is over. >> it was a man walking his dog that found her lying face down in water at the edge of a storm drain near a housing construction site several miles from the home. >> our investigation is no

while cisco shares are near a multi-year highs and have been trending positively as of late, the samean't really be said for the other two. now, to a lesser degree, you've got a nucleearer-term uptrend fr home depot it's still below its record high for january, and home depot was one of the beneficiaries of the rally in the stock market since president trump's election then you've got walmart, with some serious work to do. it's a negative trend, since its own record high from january, and it's been down pretty much ever since, shedding a quarter of its value might that possibly mean more volatility around earnings so right now, the options market is pricing in a 5% move up or down for walmart stock, about a 3% move up or down for home depot for earnings, and the options market is pricing in a 5% move up or down for cisco so together, the combined implied theoretical market cap move of all of these three dow stocks is around just $29 billion or so. of those three dow components, a big focus will be on the two retailers, though, for sure. back over to you guys. >> thanks, guys. >>> dom

cisco is pulling its ads from youtube.ng story in that cisco posted on its blog this week pointing out that it wasn't happy with youtube in that it was worried that its videos were appearing next to offensive content. then cisco pulled that blog and took out any mention of youtube rather saying that it's going to focus on pulling ads and staying away from companies that have offensive content on their sites. but it is pulling its ads from youtube. cnn last month reported that cisco is one of 300 companies that had ads appearing on extremist channels on youtube. essentially, financing those channels. of course, google says it's working to prevent this from happening as ad revenue is the main revenue generator for google. $26billion worth in the 1st quarter. lots of bay area earnings out. some of it good news. yelp "dropbox" and nvidia had solid reports. but symantec turned in a disappointing report and also reported that it has an internal audit under way and that's freaking out investors in a big way. shares in symantec ar

there is no mistaking you are in seven cisco. -- san francisco.>> we have quite the sites.>> reporter: for these tourists, the view from down below is also an amazing sight. would you ever do something like that?>> no, i am not afraid of heights but i would be scared to death to do that. kudos to them. without them, i don't think we will be safe.>> reporter: inspectors should be done later this week. we're told they are right on schedule. reporting live, i am mary lee, kpix 5. >>> coming up, a sneak peek of one of the the area's newest public parks surrounded by skyscrapers.>>> a brutal assault that good samaritans tried to stop.>>> it is a move that does not appear to make any sense. we will tell you why hawaii wants to prohibit sunscreen. to move california forward, we need to help more californians get ahead. that's why antonio villaraigosa brought both parties together to balance the state budget with record investments in public schools... and new career training programs. as mayor of la, he brought police and residents together to get illegal guns off the streets and keep kids o

meanwhile, shares of cisco are falling in after-hours trading after third-quarter revenue came in at $12.5 billion. $.56ngs per share were versus estimates of $.65. cisco also gave an of the forecast for fourth-quarter sales, a signal of healthy demand for equipment and software. for some context, cisco shares are still up 18% this year. , china'searnings news most popular social network, tencent, posted quarterly earnings that beat estimates, income jumping 61% and users exceeding one billion. tencent owns the giant we chat messaging platform. coming up, facebook ceo mark zuckerberg is getting ready to face the music on the other side of the atlantic, next. and if you like bloomberg news, check us out on the radio. bloomberg radio app, bloomberg.com, and in the u.s. on sirius xm. this is bloomberg. ♪ caroline: welcome back to a bloombergion of technology, live from the optimus ride headquarters in boston. facebook ceo mark zuckerberg is preparing to head to europe to answer european lawmakers' questions about how the data of 2.7 million europeans ended up in the hands of cambridge a

>> i think the teachers who are here today. >> reporter: even while speaking in support of a seven ciscoballot initiative that would raise money for teacher salaries, minority leader congresswoman nancy pelosi has arrived firmly fixed on the all- important midterm elections bear met there is no question that we are energized. -- >> there is no question that we are energized. they want to take responsibility and that gives us an opportunity. >> reporter: an opportunity she says to regain control of the house of representatives and perhaps the senate. and a chance the congresswoman says to act as a system of checks and balances against a president whose agenda and basic behavior she often disagrees with. >> any issue you can name, they see a difference between what the republicans are advocating and what the democrats are proposing. we think they are giving the public a raw deal. give a better deal, better jobs, better pay, better teachers. >> reporter: pelosi believes she's the one to lead the party if there is a shift in the balance of power in november. telling the boston globe this wee

same sort of transition that's going on with cisco. ridiculously cheap at 15 times earnings this is one of my favorite picks. >> next on "the halftime report," former microsoft ceo steve ballmer will join brian sullivan at the nfcoerence in los angeles. stay tuned for that interview in two minutes. well, it's earnings season once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade. - anncr: as you grow older, -your brain naturally begins to change which may cause trouble with recall. - learning from him is gr

for some context, cisco shares are still up 18% this year. in other earnings news, china's most popular social network, tencent, posted quarterly earnings that beat estimates, income jumping 61% and users exceeding one billion. tencent owns the giant wechat messaging platform. coming up, he stood before american lawmakers, and now facebook ceo mark zuckerberg is , getting ready to face the music on the other side of the atlantic, next. and if you like bloomberg news, check us out on the radio. you can listen on the bloomberg radio app, bloomberg.com, and in the u.s. on sirius xm. , this is bloomberg. ♪ caroline: welcome back to a special edition of "bloomberg technology," live from the optimus ride headquarters in boston. now facebook ceo mark zuckerberg , is preparing to head to europe to answer european lawmakers' questions about how the data of as many as 2.7 million europeans could have ended up in the hands cambridgeing firm analytica. for more, let's turn to sarah frier. are you surprised by this decision they will accept europe's invit

cisco's fourth quarter outlook fell in the middle of the range of analysts estimates. cisco's ceo, chuck robbins, will be on "squawk on the street" at 9:00 a.m >>> take two interactive's fourth quarter revenue missed forecasts. the sales outlook for the current quarter and full-year are also well below estimates. >>> jack in the box had earnings beat forecasts but revenues missed it expects sales to be flat to up about 1% this quarter. >>> shares of ocado are soaring in london today. kroger struck a deal to use its grocery delivery technology. kroger will also take a 5% stake in the company >>> shares of loxo oncology are higher after the company released data showing its experimental cancer drug shrunk tumors in about 70% of patients regardless of where the cancer originated. >>> back to the markets and your money. we'll call this the all american triple play. the dollar hitting highs of the year against many major currencies the u.s. shale oil boom rolls on we continue to pump record amounts of oil by wait, the domestically small cap stocks are hitting new all-time h

through separate cisco that will allow for more state funding for housing near public transit. this would not raise taxes, but would allow counties to use a portion of future tax revenue collected in designated traffic areas for specific types of projects. the bill ensures that 40% of that money will be used for low income housing. >>> kaiser permanente has announced that it will support services for low income and homeless bay residents. be healthcare giant plans to bring funds from its investment folio to fund the housing initiative. he says the investment as an extension of the healthcare services saying that public health gets a boost from stable living conditions. >>> the community of mountain house is rising from the ashes. it was built during the housing boom and then crashed in the housing market slump. we report that buyers who are forced out of the area are now returning. >> build it and they will come, they may move in and even buy it. >> this is amazing. >> three and half years ago, they built their first project with 102 homes, based you welcomes 92 lots of the sam

you were working at cisco at the time, a great job. and then what happened?> yes, so, i've always been frustrated by the fact that no one sold women's work wear. i've just had this personal pain point. >> i hear you. [ laughter ] >> and so, you know, i was attending this conference that's promoting really taking risks, you know, really, really going for -- going for whatever your dreams are, and so i think between that and a study that i read showing that women are judged based on appearance and that it does impact your career trajectory, i decided to just take the leap and quit my job, and fast-forward. here we are. >> take a chance. i love it. and you were introduced to eleanor. eleanor, you were working for j.crew as a designer, and you've always had the dream, right, to start your own business too. >> totally, totally. and sali and i met. we actually had a phone call. and she said, "i want to start a line of women's work apparel," to which i replied, "good luck to you." [ laughter ] but we kept the conversation going, and we went shopping, and i was reall

cisco and macy's will release quarterly numbers. watch cisco, that is an indicator for broader business than technology. cisco could be a market mover as well. thursday jobless claims are out. the philadelphia federal reserve manufacturing index is out and blue chip stock, walmart will report earnings again. those results could move the market and nordstrom and j.c. penney report quarterly numbers. on friday astrazeneca is out and john deere out with quarterly earnings. sources close to talks with nafta, the united states is setting a may 18 or 19 deadline for nafta talks so congress can deal with a new deal by then. we could see excitement and news breaking on nafta. that will be important for the markets. >>> grants interest rate editor jim grant talking about interest rates. in particular the 3% on the ten year. and see you sunday morning on sunday morning futures on the fox news channel. join me 10:00 a.m. eastern, homeland security chairman mike mccaul as well as danny dennon, we'll talk about the israeli reaction to the pullou

cisco and macy's will release quarterly numbers.o, that is an indicator for broader business than technology. cisco could be a market mover as well. thursday jobless claims are out. the philadelphia federal reserve manufacturing index is out and blue chip stock, walmart will report earnings again. those results could move the market and nordstrom and j.c. penney report quarterly numbers. on friday astrazeneca is out and john deere out with quarterly earnings. sources close to talks with nafta, the united states is setting a may 18 or 19 deadline for nafta talks so congress can deal with a new deal by then. we could see excitement and news breaking on nafta. that will be important for the markets. >>> grants interest rate editor jim grant talking about interest rates. in particular the 3% on the ten year. and see you sunday morning on sunday morning futures on the fox news channel. join me 10:00 a.m. eastern, homeland security chairman mike mccaul as well as danny dennon, we'll talk about the israeli reaction to the pullout from the

cisco caught fire under the leadership of robbins. as the company moves aggressively into software i hope he talks about the $200 million acquisition of company. this is run by brilliant amy chang. watch for that acquisition thursday we get results from walmart. earlier this week, walmart she would out to buy flip card wall street hated it and sent the stock down. the last time walmart reported, ecommerce showed a deceleration and the stock was hammered i have to believe the weak number will get ignored. and a number just a little positive will get the stock higher again can jcpenney get out of its own way? the problem is this company has no real differentiating factors being one of the homes for sephora, to me, that is all it has going for it penny's hasn't been able to generate good news two bucks and change doesn't make it cheap. after the close, nordstrom reports and i have been taking members of the actualownersplus.com that this is a lower reserve nordstrom has a new store in manhattan. the nordstrom tried to take this company p

scale farmers funding his professorship been lentil research the annual budget of the university of cisco actual ins breeding program can top ten million euros a year. fight a trend chambers allow the research is to simulate time and temperature as needed which is crucial since the land outside only sees for frost free months pay year. liken it to test fields in morocco the creation of the new variety starts with hybridization. not too long ago it could take nine or ten years for a stable ferrante to be a stab. the process can now be sped up by several years. because i knew that with using smaller containers applying a little bit of stress we can speed up the life cycle we've also for research purposes we've also gone to a system where we can rescue the seeds and about eighteen days after pollination. treat them for a couple of days in a tissue culture flask and then we can plant them directly so we save another thirty days on the life cycle we don't have to wait for the seeds to dry down the immediately start forming the next generation. like any other living thing a lentil plants main f

cisco beats profit expectations. the us tech company ru ns expectations.s tech company runs internet networks. it says net income gains, $2.7 billion. it has been investing heavily in cyber security and the internet of things to offset slowing sales in its hardware business. mothercare is set to reappoint a chief executive that left in april after disappointing financial results and a profit warning. bbb goods retailer has been putting together a rescue deal to protect itself from insolvency. —— the baby goods. mothercare will announce the closure of 50 of its 127 remaining stores when it releases its annual results later this thursday. well, what a difference a week makes. in malaysia we have seen the surprise ousting of the prime minister, najib razak. and the re—election of mahathir mohamad and yesterday the release ofjailed politician andrew abra ham. yesterday the release ofjailed politician andrew abraham. what does this mean for the investors, the markets, the economy? i am joined by my colleague caty silver. so much has happened over the past week.

cisco systems likely to weigh on the dow when the marks open. cisco is lower in pre-market trade.stimates. >> that teams seems to be result of a tepid first quarter. the labor weekly initial report will be back in about 90 minutes time economists are looking for an increase of 4,000 to last week to a toll of 15,000. >> that would still leave claims near five decades low. wal smart out right now. >> i like the revenue number the nation's largest retail reporting 2 krnts above estimates, revenue when you are wal-mart if you get beat, you are beat by billions, which is amazing, revenue also beat the street i think 122, 122.7 billion and the still was 120.5 billion. comp store sales up better than expected 2.1%. nobody i don't think does 120 billion. i tried to find anybody. >> that's half a trillion dollars. >> half a trillion dollars a year there is nobody else apple does pretty well >> it would have to be foric son. amazon would be half of that >> amazon is half of that exxon is two-thirds of that but nobody is close. yeah, anyway, kate rogers joins us she has some comments from th

the need one visit to one knows what would be going to cisco moving along. in inland not in the name of conservation the government. has been disposing the indigenous. of these legislations have been used to be simply do not. dare access to grazing land you want to but not just that it is allowed some of the suppliers sent out. operating in the area to conclude that the local officials who have been intimidated who have arrested and beaten the villagers because they have tried to use their ancestral lands we also find them in violent indiction and these are all been carried out in the name of the already tourism arsenal dinars and in the absence of food it has led to widespread hunger managership and disease the kind of disposition that the report predicts to shills are going to get not just be forced out of their homes and lands but their messiah i mean for starters the existence of the head of one company probed thompson safaris strongly denies being involved in the evictions is direct to rick thompson that they also work with local communities and the gov

on the earnings call, the cfo of macy's said every week in the first quarter was good cisco sr hoursde despite beating on the top line and bottom line for the company. cisco shares have had a strong run in 2018 and are the second biggest gainer on the dow year to date. chuck robbins will be on "squawk on the street" later today, at 15:00 cet. >>> shares in tencent have been under pressure in recent months, but saw gains this session as first quarter earnings beat forecasts. the chinese technology firm posted revenue of 11$11.5 billi, a rise of 48% as its gaming business continues to boom the company's operating margin rose 8% in the first three months of the year with video streaming and advertising growth helping the numbers. >>> european listings raised nearly $15 billion in the first quarter of 2018 with healthcare firms leading the way. the largest ipo in europe so far this year was siemens raising 5$5.2 billion in frankfurt. london has seen two of the largest tech listings in 2018. the biggest was avast which raised over 8$800 million joining me to discuss the ipo outlook is our

. >> you want to see people putting new money, so with cisco i saw 2.4 times the amount.month to thatase out in july, so actually tells you the bottom in here and we have seen cisco have ,n above average yield of 2.9% so this is a great company to trade. do it 44 by 48 coal spread. timesll make to an half the money. we have to leave it there. kevin kelly, thank you. you still ahead in what missed. this is bloomberg or it -- this is bloomberg. . . . mark: i am mark crumpton with first word news. white house economic adviser larry kudlow is denying any rift between treasury secretary steven mnuchin and president trump's trade advisor peter navarro. kudlow told reporters that the president is "involved in every decision." prime minister benjamin netanyahu said israel's security services havece prevented terrorist attacks in more than 30 countries, including a plot to shoot down an aircraft. he spoke in jerusalem today alongside panama's secretary. a commonahu: we have battle to fight the sponsors, and we are doing it in the middle east, but it encompasses today the entire wo