it is affecting coca-cola. mcdonald's we have a small position in currently but we would consider adding more. the big problems have to do with what is going on overseas. they are having a lot of problems in russia and china. russia, for example, ordered the closure of several mcdonald's restaurants really in retaliation for the sanctions that the u.s. imposed upon it. in china there was a chinese supplier that provided tainted meat to mcdonald's. i think the company will eventually overcome the issues. the company is adding more restaurants world wide and i expect things to level off. >> you would not buy coca-cola. why? >> coca-cola is primarily in the carbonated soft drink business. i think there is a shift away from that. bob mentioned pepsi cola. pepsi is less dependent upon carbonated soft drinks. coke has not done a good job of diversifying the portfolio of offerings. i would stay away from it for the time being. >> thanks so much. let's lock in the viewer vote. will today's big caps be relevant in 25 ye

i have to listen to the coca-cola call. got magic secret. >> and you didn't get it from mcdonald's either? >> mcdonald's, that company is going to be changed from the outside. there is no way. >> you do feel like an activist is coming back in there. >> balance sheet is good. there is room to do things. >> there have been rumors. i haven't been able to unearth who or what it is. >> i would put a fund to come after mcdonald's. >> that would be the one you go after? come on. we've got to have a meeting if you want to put a fund together. >> arguing for what? >> burger king made a turn. wendy's made a turn. i think mcdonald's has been poorly executing. they have two new executives in. i wish david novak would come in. i have to believe someone can do bet were that product. i really do. >> my guess is you are going to see some of that. it's going to be operational change. not wholesale. they could change the concept. >> something happened with united technologies. that's not going up enough. we have to listen to that call. there

coca-cola says it will miss long-term targets for profit growth. will need toit refocus on their core operations, revenue is still falling in north america. dropped as well. in the meantime, tim cook setting off a holiday shopping spree. the last threer months of the year. the demand for the new iphone is staggering, he says. in the meantime, banks and credit card companies were on board for yesterday's launch of apple pay, the multipage system. did you use it? here is barry summers on apple pay. >> i think apple pays a big real. our philosophy is simple -- we are here to help our customers. if they want to put their credit card and debit card on an iphone, we will be there for them. the most important thing for us to is to be responsible. question to pass his will not enact any large-scale stimulus. the slows growth rate in more than five years. but it be estimates. caselster the government's for measures. >> when i wake up the morning, we keep an eye on china. it is the engine or global growth, whether or not you believe the numbers. bubble it is

coca-cola has a vision 2020 which is a decade-long plan.ong-term plans are meant as marketing plans for invest tofrs. by the way, what happened to the ceo? created the plans. especially ibm. he is out and got out while the getting is good. >> you know who else -- >> we're agreeing together on this. >> we are not agreeing they should -- no. yes. they should change management and not buy back stock and that's the future of these companies. ibm's last buyback at $192. how's that working out for them, kevin? if yahoo! did the same thing -- >> i don't believe in buying back stock. i believe in distributing cash to shareholders. i don't trust management. i want a cash flow from a company. it's disciplined. you don't have to deliver. making a promise, you don't have to do it. you're going to watch ibm probably stop -- >> why do i have to agree with again, kevin? this is a problem. >> we'll come back to the issue in a couple of minutes. kevin, broad thoughts here about the rally and the kind of october that we just had? >> all right. leaving ibm an

breaking news from coca-cola, streamlining operations.ng-term 2014 earnings per share growth target. it is also restructuring its global supply chain as well. specifically its north american bottling operation. >> i will redux this in 20 minutes. revenue growth as part of their incentive plan. the stock down a little bit here. right now. >> it is just amazing the similarities here to the confidence of the structure plan like international business machines yesterday. brendan, i thought you had great perspective here. great perspective here on sugar. >> coca-cola knows this. claire stood off of "blaze "businessweek." they know they have a problem. >> they know they have a problem, pepsico, by the way, also knows that have a problem, and the company has been under pressure by nelson tells, the activist investor, who says they need to restructure, they need to split up, and they need to cut costs. both of these soda giants are facing -- >> you are dead on, betty, in the idea that it is fancy people making fancy composition. rick, jump in her

coca-cola when she started was at 40, it goes to 39. she is cat called and hooted and negative, and he is loved and revered. >> a lot of price target increases on yahoo! today with a five in front of them. a lot of that is based on the assumption they can find a tax-efficient way to unload some asian assets, yahoo! japan among them. >> she said, look, i am a great steward of cash. why? because she comes in, alibaba and yahoo! japan had terrible relations. she points that out. she was able to renegotiate the agreement that allowed her to keep back 122 million of shares that she would have had to sell on the ipo, which obviously wasn't that good. people say now that it's no longer an alibaba story, how do you look at it? are you crazy? it's still a great alibaba story because it's blown through 100. in the meantime, she buys back 293 million shares at $26.37. most of the buybacks i have seen this quarter have been miserable. there's a buyback. >> yeah, i spoke to her last night after the conference call. as you just point out, jim, there

kent at coca-cola has the backing of oh warren buffett.matter how many times he messes up he gets a pass, if not outright praise but marissa mire inherited a company that was a mess. dysfunctional and way behind in site design to relevance to technology. she's bringing yahoo! up to date understanding the need to have mobile and social exposure. when you look up articles about her they are uniformly negative. after an initial honeymoon period she's the victim of some of the worst press imaginable. most of it around what an absent minded dunderhead she is. she's despise bid the people in the press who were celebrating her brilliance two years ago. i live in a world where we care who is making you money and who isn't. that's my only litmus test. always will be. i think of mire like this. when she was appointed ceo of yahoo! the stock was $15. now $42. in other words she's given a spectacular 180% gain in two years. to me, impressive. how about coca-cola? whoa. where was that stock when mire took over? 39. now where is it at? 40. which ceo do

unlike coca-cola and pepsi dr. pepper is still mainly a domestic story that got 88% of the sales from the united states which is in part because they only have the north american rights for most brands as a result of when it was off as a separate company back in 2008. recently larry young, dr. pepper ceo, i like him, came on this network and revealed that his company obtained the rights to begin rolling out snapple in the middle east. i believe iced tea could be a terrific growth opportunity. the company has grown like a weed in latin america. the real reason i adore dr. pepper is because it is not about making beverages, it is about making money. for example, the company prioritizes pursuing growth and higher margin channels like convenience stores, vending machines. anywhere they can sell you a single can or 20 ounce bottle of soda because the markup is much higher than the markup on a 12 pack of cans or a two liter bottle. dr. pepper managed to deliver 14% sales growth and 21% sales growth in drugstores. in 2011

shares of coca-cola down 6%, mcdonald's a fraction lower, imagine how much higher the dow may have been if those two had posted better earnings. sarah eisen has more on the numbers. >> reporter: when it comes to what we eat and drink, consumer tastes are shifting fast, they want it fresh, natural, good for you. and giant consumer companies are trying to keep up. >> the reality i have not been changing at the same rate as customer's more specific expectations of us at mcdonald's. so we're changing. >> mcdonald's says it is ramping up marketing campaigns to emphasize the quality of their food and making their menu simple as they move their menu to similarities such as chipotle, and they're ditching their sugary soft drinks, coke said the volume of cases fell per strength 1% per quarter in north america. >> there is no question we need to improve our execution in many markets, especially consumer strategies. >> other energy and coffee drinks are more appealing to millennials, the equity investments are radical, but i guess they have been a little late to get into the non-cob, with good rea

coca-cola currently up .2%.l take it on a broadly down day. >> announced the rollout of a new line of cokes. middle -- medical ris and the boxes will be green and the packaging green and the compensation and talking about with david winters taken issue with the executive pay issues at coca-cola and coming up next hour here. meantime, the next guest is ringing the closing bell on this pretty terrible day for the markets. speaking exclusive with william lauder after this. when the world moves, futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with paper money to test-drive the market. all on thinkorswim from td ameritrade. no. not exactly. to attain success, one must project success. that's why we use fedex one rate. their flat rate shipping. exactly. it makes us look top-notch but we know it's affordable. [ garage door opening ] [ sighs ] honey, haven't i asked you to please use the -- we don't have a reception entrance. [ male announcer ] ship a pak v

mcdonald's, coca-cola missing on sales. ibm struggling.ee iconic big caps in many portfolios, probably in your mutual funds if you don't own directly. can you still bet on them though? and which are the companies of the future? harley davidson one of the best performing on the s&p 500, revving up profit. sales a little bit of a miss. the motorcycle maker's president will join us exclusively to talk about the road ahead. 1929, 99, 2007 right now what do all these years have in common? we'll tell you. scott will be back in just a second. e your money? uhhh. no, that can't happen. that's the thing, you don't know how long it has to last. everyone has retirement questions. so ameriprise created the exclusive.. confident retirement approach. now you and your ameripise advisor can get the real answers you need. well, knowing gives you confidence. start building your confident retirement today. >>> you have heard from some of the most recognizable. let's bring in a rising star, started a hedge fund with $12 million in 2010 and grew that to nearly

. >> mark, you have coca-cola on your shopping list. not even looking -- it wasn't on our shopping list last week. actually now because of the recent pullback in their rough earnings mess is back on our radar. so we do think the long-term potential of coke cola is really positive. one of the things we are advising our clients to do right now is assemble a portfolio of stocks that you're not going to mind holding, even if the next recession does start tomorrow. we don't think it's going to happen, but coca-cola is paying a 3% dividend, and if somebody's portfolio was to correctly 10%, 20%, you know, not being forced to sell because of the fact that coca-cola is throwing off a 3% dividend is a very nice thing. it makes sudden feel comfortable. >> what's happened with the company and the stock of late makes you feel anything but. >> correct. >> trends are obviously changing, no denies that. people are drinking less soda. management has been a serious question, not a well-run company, at least in the minds of those who have opined on it as

ceo of coca-cola company. and national security adviser wbt honorable, susan price. >> hello, everybody. thank you for joining us. i want to thank my colleagues for joining the organizers in this event, in particular the department of commerce and secretary penny prits ker and bloomberg ifphilanthropies and particular mike bloomberg for making this occasion as impactful as it is. i'm honored to be joined by such a distinguished panel to discuss africa's infrastructure, potential and africa's infrastructure challenges. before i do, i want to just ask you all to join me in thanking again jim kim and the world bank group for a really extraordinary announcement that he just made on behalf of the world bank for forare for the initiative to double access the power to africa. and the commitment is an enormous contribution for which we are very grateful. i know president obama is very grateful. pleasing with join me in thanking him. >> so broadly speaking in the context of the panel, we want to explore the nature of a

back in the day when there was cocaine in coca-cola, they say, she would wait outside the drugstoreer fix for that day. when jessie may talks about her fourth coca-cola for the day, she needs it. >> at this point in your career, what is the joy for you, vanessa of playing a character like this on the stage? >> the ensemble and material and the joy is the connection to the audience and to working with a legend. i mean, there is a lot of joys, a, growing up seeing sicily nd jane pitman roots, anything. she was the epitome of acting. she was our meryl streep. getting a chance to share the stage and having comic bits and emotions and having her trust me and my ability as an actress means i've done my work. i have reached where i feel that i'm respected by somebody who i really truly respected my entire life. working with an ensemble, which again, brings up between blare under wood and arthur french and also having material like horton fold. he's one of our american play writes that is unbelievable and so rich, you think it's easy to listen to but then when you get into the context, it's

it's not something unique to coca-cola.anslations have always been a big factor in corporate earnings. and the strong dollar is going to be a head wind for many corporations. you'll see more and more of that. and we have seen it through the years as well. so there is a story here. in the long-term, i don't think even if we get a bit of a near term peak in the dollar, it's going to benefit earnings all that much. the fed will be one of the first central banks to a raise rates. even if it's towards the end of december 2015. and that will continue to put a strain on some of the corporate earnings. >> i just wonder if we put off the rate rise, if the fed puts it off whether that mutes the strong dollar. you say we're counting on that along with europe going into a qe phase. maybe we've seen the best levels of the dollar already. >> right. that's why i think we could see a short-term selloff in the dollar. and get a position properly because wier also going to see a bit of additional weakness in the euro. especially with the mar

there is nothing as global as coca-cola in the world. >> a $67-billion empire... house. found in the most remote corners of the globe, melissa lee reports on the brand with a buzz. >> there was a wee bit of cocaine in the original coca-cola. >> and it's more than just coke. >> zico is 100% pure coconut water. >> 500 different brands to sati

on the coca-cola side a big disappointment was the volume. global volume and that is sort of how you look at beverages only up 1%. analysts were looking if more than 2%. the commonalities we are eating and drinking differently. people want healthy. they want fresh. they want good for you. both of those companies are struggling to shift and to adapt to meet consumer needs. they are also struggling on the currency side of things. weakness overseas which is just bad timing. that is weakness in europe in china and a stronger dollar, both mcdonald's and coke earn more abroad than at home. >> we are certainly seeing the stronger dollar come home to roost. even though chipotle is growing faster than mcdonald's will it ever become the size of mcdonald's? >> that is obviously the big point. it is a smaller, faster growing company. but it is gaining share. and definitely doesn't have the global foot print. mcdonald's not just struggling with the stronger dollar but struggling with the chinese supplier. 9.9% was how much same store sales dropped in asia

coca-cola, i.b.m. and mcdonald's are not talking about increased business. >> yes. >> that sort of level which has only been reached about five times in the last 30 years. >> the what? >> the philadelphia fed cap exintention survey. >> this is an economic indicator that tom has not heard of. >> if you look at the philly fed brought up my indicator. if you look at the keands components of it that's a great nine-month leading indicator into nine-month investments. it's at a level we have not seen in some time which tells us we are going see the business prove over the next year and something we have been watching over the past two years and >> investment and brilliant sometimes cluster together. this is our twitter question of the day. here will the next big innovations happen? tule do you have a thought? >> we still believe the u.s. is the place to be. it was the place that was first into the crisis and first thanks to some fantastic monetary and fiscal decisions. but that's where we are really starting

. >> reporter: the big day for earnings season those of both the dow components for coca-cola and mcdonald'sall street block the morning. >> reporter: and i was not going to complain . is clear out their that's all we're saying to the just so cold this morning. temperatures will probably continue to cool. will find is the this is a morning with the early morning sunshine. at the moment 45 in santa rosa that is cold right at the 50 degree marked timbers is unlikely to drop in oakland. timber just will warm-up again and will be another mild that we have conditions that are looking to be cold. 74 of his 66 in san francisco. i will come back as six or five with the forecast will talk about the rain it is more rain on the way and i'll walk you through the timing of that coming up in just a bit. >> reporter: we are tracking now a couple of incidents that is slowing the ride this class has been out there for a while westbound. it is backed up the ride for antioch. along the drive times than the usual flow was down 84. that accident reporting the montague expressway for the northbound side backing u

there it is coca-cola. that stock is down big. come in, is this a millennial switching story away from sugary drink? >> that is the trend we have seen over the last decade. the millennials are trying to be healthier bunch. we had the mine here talking about the fact they don't go to mcdonald's, they don't know what is in the burgers, i did an informal survey of young producer, and maybe once every 23 months, that wouldn't keep coke in business. they expanded their offerings, not only coke and carbonated soda, but vitamin water, and power aid, they did not meet the expectations for the latest quarter. they are moving forward with the cost-cutting initiative to move this one to the upside but in the meantime the lose a year to date is 17 negative dow points, down 6%. stuart: there is not as much profit in energy drinks as their is in soda and that is part of coke's problem. >> a whole lunch with the names on the bobble and there was a lot of phrase, people rushing to buy the coat with their friends name on the ball. stuart: if you p

cars, coca-cola and newspapers. >> you wouldn't necessarily say that's an investment for everyone? >> oh, no, i don't think it's an investment for hardly anyone. >> later, what's your life worth? what kind of life insurance is right for you. how much you should have. right now, as we head to a break, take a look at how the stock market ended the week. big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doing the big things that move an economy. see you tomorrow, mac. see you tomorrow, sam. just another day at norfolk southern. then a little time to kick back. earn double hilton honors points with the 2 "x" points package and be one step closer to a weekend break. doubletree by hilton. where the little things mean everything. [coughing] dave, i'm sorry to interrupt... i gotta take a sick day tomorrow. dads don't take sick days, dads take nyquil. the nighttime, sniffling, sneezing, coughing, achi

from now. >> in terms of what we've seen from some of the companies that you own big stakes in, coca-colaek said it would be changing the package that it pays its executives in terms of how they break up and pay them in stock or not so much in oáá stock. you were someone who was a proponent of changing that plan. what do you think of what they've put out? >> i think the compensation committee working with the board has crafted a very, very sensible plan that involves issues of stock more payment in cash, performance-related in both cases, and i think it's a very logical plan and i think the stockholders are considerably better off than they would have been if the comp committee hadn't done what they did, so i tip my hat to them. >> warren, over the last several years you've bought up about 28 regional newspapers. that's an investment that a lot of people thought what the heck is going on there, that's a shrinking industry. how have those investments paid off for you? >> well, they worked out okay, but absolutely right, it is a shrinking industry, and those papers will earn less money fiv

chevron leading the way and coca-cola leading the dark side down. although it's come off earlier lows. it was down, boy, more than 7%. that was the biggest drop in six years. now down just 4 and change percent. so with 46 minutes before the closing best. looking at still a volatile market because volatility goes both ways, even when we have a rally that is considered volatility. what's the best way to bet on the little guy. the russell 2000 or the index that tracks smaller cap names down about 4%. large cap names in the s&p are up 4%. however, our next guests say investing in innovation is the way to play the rest of 2014. do not follow the herd, we'll show you how. joining us to give you the names you need to know, cathie wood, ark investments chief investment officer, and jay kaplan royce associates portfolio management and investments. stocks were churning all over last week. i call it the mini flash crash. now things look more stable or do they, cathie? >> i think people are beginning to understand not all deflation is bad. oil prices going down

two litter ballles which were in plastic and a big change -- bottles -- was a huge success with coca-cola. one thing that is rattying and i maybe the only person that did this but when you go to a sup supermarket and look at what people are selling. the cheap sugar is in two litter bottles but custom soda comes in less amounts. the opposite is true for water. even poland spring now is going over to the litter. >> considering the blunder that nasa did do they measure in customary or -- >> yeah. in 1999 there was a mars orbitor disaster and i think hundreds of millions of dollars -- it was a weather satellite that went to mars. it was -- you know, the mist take was the ground crew was using metric or reversed. it created somewhat of a big divide because there were scientist who said it was a stupid error. of the million other things that had to happen. in science, there is also what they call the si police and that is the system international and that is the organization that controlled the metric system and they want everything in science journals to only be which exact si measures. how mu

coca-cola may be a warren buffett favorite but the stock got slapped with a cell today. is this name poised for a pop? let's debate. log on to cnbc to vote. is coke a buy, sell or hold? let's debate it right on this desk. pete? >> i'd say hold under the circumstances of at least giving us a shot there. i'm not a bear or a bull right now. when i look i think one of the best moves they made in a long time was the acquisition of at least a portion, i think about 17% stake in monster. that's something they needed to do. because they are seeing the writing on the wall with what is going on with the drink market and they are getting themselves more positioned in a much better way presently with monster into the beverage market where you are talking about energy drinks and that works for monster as well. but they do not have the pepsi element of the snacks, judge. and because of that i still give the nod to pepsi. that balance gives pepsi a huge advantage now. >> three quarters say sell. murph? >> i agree with the sell. when i look at this acquisition of monster, i tack the oth

proctor & gamble, walmart, coca-cola, in fact, coca-cola hit a new high. proctor & gamble and gamble, i read a bless release, they have nfl, they really bucked the trend. this was a tough, tough week. it has been a tough month and these guys bucked the trend this week. liz: sure did. nicole, thank you. david: thanks, nicole. have a good weekend. the s&p futures are closing about a minute. let's head back to phil streible in the pits of the cme. looks like it was trading down, the s&p futures. >> yeah, right now we're back at 1900 level here. some headlines i was reading the dow just erased all its gains for the year. if i'm an investor i will take that holiday we have and reassessing my portfolio. maybe some rebalancing might need to be happening. david: by the way, phil, i should just mention that 19805 was the -- 1905 was the 200-day moving average for the s&p. it has broken down below the 200-day moving average. that is technically significant, is it not. >> absolutely. that is bellwether on a market having problems. think problems might be around. we m

coca-cola served him well for a long time, ibm has not. and that, ladies and gentlemen, is a conclusion of the "lightning round"! ♪ the all new, head turning cadillac ats coupe. it's irresistible. ♪ >>> the recent ebola outbreak has shed a lot of light on the drug development process, as various drug companies have to contend with the regulations, as they rush to create a cure or a vaccine for the disease. that's why tonight i want to take a closer look at the drug development process with q-tiles. it's the largest research organization that conducts outside clinical trials for the pharmaceutical industry. i like to think of quin tiles as an arms dealer to the drug companies. they help pharma and biotech firms run late-stage clinical trials for drugs and vaccines. now, i've been a big backer of quin-tiles since before it became public. and it's gave you a nice gain. but we're not talking stocks for a second here. tonight, i want focus on the scientific side of the business, which is why we're talking to dr. jeffrey spader. chief medical an

ibm, big blue and of course coca-cola worldwide.happens when your brand begins to deteriorate? coca-cola in united states anyway, now means unhealthy food. the very brand it built its value is shrinking. does that mean maybe it is time to cell? >> that is challenge for the business model, right? warren is not participating in those kind of decisions. he will evaluate. david: he is not. but his decision is whether to hold it or sell it. >> he has the stock since 1988 or 1989. berkshire is up very well, up 12 times compared to then. it is a sticky stock. they will hold it through tough times. if they deteriorate it will sell. that will be the most difficult decision. liz: perhaps ibm is better example. the first big technology company. he famously stayed away from tech saying i don't understand it. i'm wonder with his two new investors, ted wexler and todd combs, the guys he brought in, he doubled town. he added to position of ibm. it's a money loser. do they have their fingerprints on this and more stock-pickers and traders than he h

if you knew you would have to run four miles to burn off that bottle of coca-cola you're about bottle of coca-cola you're about to drink, would you buy a single ember that escapes from a wildfire can travel more than a mile. that single ember can ignite and destroy your home or even your community you can't control where that ember will land only what happens when it does get fire adapted now at fireadapted.org >>> those are the people carrying kimberly's clothes home. have you ever looked at a food label, seen the high calorie count and not buy it? scientists are saying that may not be enough. what they're proposing is to list how much exercise you would need to burn off the calories you take in, a bottle of coke, that's a four-mile run. a cheeseburger, a 4.6-mile hike. is this going to encourage healthier eating? >> i am not for government rules that would put more impositions on government s and restaurants. as human beings, we can be as informed as we want to be. i don't think making restaurants do it is the right thing. they basically want to have restaurants spoon-feed us like l

when we heard that coca-cola had invested in zica. but we also remained focused on doing what we do well. >> vita cocoa found its key advantage was its knowledge of the market place. >> we knew which retailers to hit up and which were going to sell product for us. we knew where our core customer was going to be. >> looking for about $5 million to help in a sales and marketing campaign. >> that's vita coco's founder in 2006 when he first appeared on our show to pitch his start-up. today, his company, and the category, have grown substantially. >> would you take another meeting yes or know? >> yeah, definitely take another meeting. >> greg hall has a different strategy. he's not competing with the big brewers for the mass market. >> we'll never be able to compete with those guys on price, or efficiency, or marketing, or distribution execution. so we don't do it. >> super great apple. >> instead he's concentrating on the high end, or premium market. his strategy starts with feature placement at upscale restaurants like nearby salts of th

there is nothing as global as coca-cola in the world. >> a $67-billion empire...y house. found in the most remote corners of the globe, melissa lee reports on the brand with a buzz. >> there was a wee bit of cocaine in the original coca-cola. >> and it's more than just coke. >> zico is 100% pure coconut water. >> 500 different brands to

you saw coca-cola, mcdonald's, ibm. what happens when financial engineering ends and you can't grow your revenues anymore? you hollow out the company, you have no revenue growth. ibm, coca-cola, and mcdonald's. >> in fact, you're doing some selling today, karen. >> yes. we try to buy when things are low, and sell when things are high. in the last week, we've sort of gotten a little lucky with timing. we bought some disney calls. we're going to sell against it. we sold some mdy, the etf to hedge some of our more mid cappy stuff that we bought. it just seemed not quite as panicky, but it did seem rather indiscriminate in buying. >> yesterday i sat here and said 1904 should sell. clearly that didn't happen. the ecb headlines obviously spurred this. but even if they're considering that, how bad must things be there for them to have that conversation? to me, that's really the thing you have to focus on. so what does this mean technically? 1970 was support, becomes resistance. maybe we'll trend up to there. clearly i was wron

she was joined by executives from ibm, coca-cola and other companies. this is 50 minutes. >>> good morning excellencies, ladies and gentlemen. i would like to begin by thanking the department of commerce and secretary penny pritzker. i would like to thank the bloomberg foundation and michael bloomberg for organizing this important discussion on powering africa. as we've heard again and again, africa has two decades of very strong economic. but the encouraging growth story will only continue if the continent tackles its problem of infrastructure. now our studies show that poor state of infrastructure in subsaharan after, including electricity, water, roads and ict, cuts countries' economic growth by two percentage points every year. and it reduces business productivity by as much as 40%. these losses take an enormous human toll in addition to taking a toll on economic growth. we've heard a lot about the infrastructure gap, about $100 billion a year that's needed. less than half of that is supplied by the government. we have also heard that of the 800 mil

coca-cola up a very respectable 5%.erage energy drinks, coke cola has an equity stake in it, 3 % up last month. snappel up 3%, and pepsi co up 2%. this one here, soda stream, got all the headlines yesterday, poor preliminary results, questions whether or not people want to do the whole do it yourself soda at home kind of concept. down 34% over the past month losing 20% just yesterday. now, look at the major companies here, and that's coca-cola, and they say that coca-cola's investment in monster may have a takeover the company. he says it's a good strategy for them, and with pepsi, it's key. tomorrow morning, they'll report earnings and there's an indicator for whether or not there's global demands. especially in emerging markets for the products. pepsi made a huge bet on the fact they want to keep those soda and snack foods together, guys, so coca-cola, pepsi, two big names, but not all best performers. guys, back to you. >> as dom mentioned, big moves for the soft drink giants this week when warren buffet was on the o

coca-cola changing their pay plan for executives that had come under a lot of criticism. abstained from the vote earlier. he had been criticized for that abstention. here is way had to say about the shift coca-cola has done to shareholders. >> the new plan makes great, great sense. they are not reducing the amount they pay. i mean a lot of people will get cash instead of stock. they reexamined the cost of the company in terms of giving up shares and which people would be motivated by shares and which ones wouldn't. they changed the mix to performance shares. >> finally, another hot button issue, tax inversions. specifically talked about his burger king transaction with tim horton that would make them dom sil in canada. warren buffett helping to finance that deal. we asked whether that was being led by taxes or pushed by taxes and whether it was patriotic. >> there is all this material written about how tax-motivated this purchase might be. all kinds of comment. i did not read one article any place, never, where anybody looked up and saw what burger king was paying in taxe

.-- of home be the first woman to be on the board of coca-cola. >> coca-cola enterprises, the bottling. >> and were you really on the the nfel? >> are you doubting that i know enough about football? the answer is yes. surely after he bought the team, he assembled a group of alaniz to advise him. i love football. >> tell me about being on these boards. how many are you still on? >> the answer to the last part of that series of questions is, i am not on any corporate boards. because serving as the director of these missoni and museum, i cannot serve -- smithsonian museum, i cannot serve on other boards. i have served on around eight advisory boards. it was, i think, a hunk of experiences that helped me to see the world more clearly. i would like to think that serving on those boards, but i actually managed to -- that i actually managed to bring to those discussions a perspective, a set of experiences that was important. when i served on corporate boards, there were not many women, as there are today. nor were there many folk of color. and if you believe, if i -- as i do, that diversity i

. >> we have breaking news right now from coca-cola.re changing its pay plan which was under scrutiny and criticism from david winters, an invester who says the plan dilutes shareholders too much. there's bmg a lot of debate about this. of course, warren buffet abstained on this vote, which some thought effectively a no-vote. others did as well. the equity plan itself was approved by share hollers, and they have come back and changed the plan after consulting with shareholders including warren buffet this morning. that plan now effectively the same plan to some degree in terms of the amount given out, but here's what is changing about it. there's a lot less shares. they are going to be distributed to employees. instead, there's a lot more cash that's going to be distributed to employees. previously under the plan, all employees received a mix of 60% stock options, 40% performance shares. beginning in 2015, a substantial majority receive 100% performance cash. stock options go away for most employees at coca-cola. what will change is tha

ceo of coca-cola company. and national security adviser wbt honorable, susan price. >> hello, everybody. thank you for joining us. i want to thank my colleagues for joining the organizers in this event, in particular the department of commerce and secretary penny prits ker and bloomberg ifphilanthropies and particular mike bloomberg for making this occasion as impactful as it is. i'm honored to be joined by such a distinguished panel to discuss africa's infrastructure, potential and africa's infrastructure challenges. before i do, i want to just ask you all to join me in thanking again jim kim and the world bank group for a really extraordinary announcement that he just made on behalf of the world bank for forare for the initiative to double access the power to africa. and the commitment is an enormous contribution for which we are very grateful. i know president obama is very grateful. pleasing with join me in thanking him. >> so broadly speaking in the context of the panel, we want to explore the nature of a

. >>> and the unusual activity that we saw in coca-cola today caught some eyes.oo is up hitting the highest level since 2,000. it may seem like it is getting help from alibaba, but that is not the whole story. with us now with the story is john janarone. aka, j.j. flash. you did calculations in terms of how much has been haddedadded t yahoo. >> yes, you can see how much is attributed to the rise in alibaba. but if you do the senate, about half of it is other stuff. there is a couple possible explanations. one is that people think the core business is worth more. i don't think that is very likely. i think people believe they will be able to invest this without paying taxes. on the call last week, the ceo was talking about becoming increasingly confident they could do it and review different structures. if you look at it, it makes complete sense. they're worth -- the differential, if you don't pay taxes is over $10 billion. >> it's only a tax, is there a premium embedded in this. >> this halved after starboard showed up, so maybe they put pressure on them to start

coca-cola is now offering coca-cola life. it's a localery soda without the diet label.s 35% fewer calories than regular coke and gets a lot of its flavor from the plant-based sweetner steevria. and pepsi is trying out pepsi true stevia based and only sold through amazon.com. >> an important fundraiser took place in rumor night club in center city philadelphia to mark breast cancer awareness month the linda ceed foundation teamed one a company that offers post mastectomyy prosthetics. proceeds from the event help give local women a sense of normalcy after surgery. >>> pennsylvania ballet kicked off the new season tonight with gala at the union league of philadelphia. it was first chance for supporters to greet the company's new artistic director anhil korae. he teamed up with principle anhil korae. he teamed up with principle dancer amy aldridge guess what? the money we need to fund our schools lies right underneath your feet. that's right. down in the ground, pennsylvania has deep deposits of natural gas. but because of governor corbett, we're the only state in the coun

coca-cola up 1.1%.year-over-year, october is not looking better, in fact it is looking worse. coming out cutting the full-year profit, and the same type of business was down arrows. more coming up. when folks think about what they get from alaska, they think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. my motheit's delicious. toffee in the world. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. i never really thought i would make money doing what i love. we created legalzoom to help people start their bu

coca-cola. of. wanted to touch on that quickly. you know they did not do well.arbonated beverages not good news. they went with power'd, dessawn any, vitamin water. north american profits a are weak. melissa: we have breaking news. we have a photo appears to show a u.s. government plane at pongyang airport in north korea. the white house is confirming that one of three americans being held there has been released. jeffrey foul was awaiting charges of leaving a bible at a nightclub last may. two other americans, who have been tried and convicted of crimes in north korea are still being held. we'll keep an eye on this story of course. >>> the cdc backtracks on ebola. now they're telling health care workers to wear shields and hoods. despite saying last week that they were completely unnecessary. come on!. >>> saudi feud erupts over oil. two key figures going head-to-head over the future of fuel. do you ever have too much money or oil for that matter? ♪ 3rd and 3. 58 seconds on the clock, what am i thinking about? foreign markets. asian debt that recognizes the in

coca-cola moving slightly higher after conceding it would have to change the way it compensates some of its lead directors. we're watching all of this for you. keith, one last quick minute. we have 52 minutes before the market closes. what do you predict happens when we come up off the lows and see the buyers come in? >> we absolutely will. back to the emotion comment, all you need to know is the bond yield and what's happening in equities. i believe we will close higher off of the lows going into end of today. liz: i will reiterate, the worst thing to get on a day like today is too emotional. dan, you're the technical guy. thrill you camed in. 58 billion in assets at janney, appreciate you coming on the floor show. >>> pro democracy protesters, one of the risks heard around the world, the protesters in hong kong got their answer today as they counted down to midnight, the beginning of china's national day but also the deadline for demand for the resignation of hong kong's chief executive. but got nothing but deafening silence, authorities seeing whether this crowd on the screen wavi