colgat erke palmolive grew toda. goldman says the growth came in below forecasts and investor anxiety about the company's pullback on ad spending as a percentage of sales over last year. from q-1, they spent more on ads this quarter than q-1. they did so in toothpaste, hand soap, and dish liquid. consumer trading is down, it's a lot on paper products which affects like p&g but not so much colgate which is not in the space. >> they gained a lot of market share. >> the rates have come down, they can afford to spend a little more. >> kellogg out with numbers that beat the street as well. the company talked about earnings per share, nine cents ahead of expectations. revenue came in line with expectations. this is a similar story to colgate. kellogg benefitting from cost-cutting measures. surging prices for grain. stock you can see is up by 17 cents. it was facing the stronger dollar, which hurt in terms of the company sales. >> how many did we get through? >> four. >> we'll get the other 46 together as soon as we can. >>

owings mill, reisterstown at south colgate and route 26 oakland mills in woodbine. between old frederick and frederick. and downed wires in stevenson park heights closed between green spring and walnut. just hearing of an accident on green spring avenue at green spring valley. a live look at 95 show no delays at white marsh. top side moving smoothly at harford. same goes for the beltway at pulaski. this traffic report brought to you by toyota where you can choose from one of america's best selections of cars, trucks and suvs. toyota, click on buyittoyota.com. don and tim, over to you guys. >> hillary hun became of a world's famous violinist. she is older now and even driving and every time she comes to town, she comes back home, and pays us a visit. >> hillary hon. welcome back to the eyewitness news morning edition. [ cheering ] >> thanks for coming while i am here. >> i want to shake your hand. >> why? >> well, wait a minute. let's go to the web site. virtuoso. one of the best on the planet. hillary hon. holding violin. played with hands. >> but my hands are proba

they teamed up with a number of non-profit and companies like colgate and procter and gamble to help residents in need. >> these are people who are either uninsured or underinsured. that is why our healthcare bill before congress is so important now. >> congressman cummings says this is extremely important, because improper dental care could lead to other health problems. maryland's first lady joined in celebrating maryland's summer reading program. children join the first lady at the library this morning where she read several books and an effort to could -- to encourage kids to continue reading all summer long. last year, more than 150,000 children and teenagers participate in the summer reading club. >> now your insta-weather plus forecast. >> we had a gorgeous saturday afternoon, very summerlike outside with plenty of heat and humidity. like thunderstorms developed in the late afternoon through the early evening avenues. it is pushing out for the eastern shore. you can still see that one very strong cell which is out of the warning area. we do still have a severe thunderstorm war

. >>> consumer products make colgate, palmolive up 14%. sales were down by 6%.olgate down 5.5%. >>> good year had a $2.25 million loss because of a 17% decline in sales. the wall streclosures were half wall street was looking for. shares tonight up 15%. stocks racing for the finish line today. s&p up for the fifth time. looking at the big moovrz as well as some historic milestones. matt? >> as so often is the case, they trip over that hurdle in the final 30 minutes. it ends up being a stinker giving back 36 points there. some people say we talk about this ge story saying they might have to go put more capital into ge capital, but even that, the loan is, one, outdated, and not in lane with what people were saying. but there you go. the big picture is going to be the month to date story. the dow was still up 1.4% for the month of july. that would be the fifth consecutive month of gain. so barring an out right disaster, the likes of which we haven't seen in a long, long time, we will put another positive mark in the book. five in a row. not for the dow. four for fi

colgate are rolling out green products and people are paying more. brenda: guys, what did i say. we will say goodbye to you, mike but everybody else is sticking around. the friendly skies or the fat-free skies, the uniform, the airline and name that could take 50% for making workers stay fit. >> did you see the delta thing why they don't have size 18 any more. they are slimming down and the business will pick up in the third quarter. i think it is up 50% by the end of the year. >> it is not flight attendants that are bloated. it is the company. they don't have control of energy and now you have to still lose money despite what they are trying to do. brenda: you like the tech sector. >> i do. i think oracle is a stock that can move 30% from here over a year because business spending will pick up. the general business position is fine and all of tech is on fire. brenda: pat, what do you think? >> i don't think so. you heard most tech companies saying spending is not picking up. brenda: where would you be? >> intuitive surgical makes minimally invasive surgical devices. you cut a sm

also getting word of lights out, traffic lights out in owings mills, reisterstown road at south colgate. still working that crash eastbound 70 at route 32. park heights avenue remains closed throughout the morning between greenspring valley and walnut. also working that crash in the nottingham area, honeygo boulevard and whitemarsh boulevard. and downed trees in reisterstown, nicodimas road and berryman lane. 83 pretty much a smooth ride from the pennsylvania state line to the beltway. no problems to report on the east side of the outer loop, 95 southbound looking good down through harford county, through to about 695/895 split. no problems to let you know about here at the tunnels, 895 and the fort mchenry tunnel toll plaza are looking good at this time. a quick look at the cameras, this is going to be 695 at the bw parkway. ing see there's -- you can see there's hardly anybody out there. it looks good at this hour. back to you. >>> 5:31. it's reckless and this morning, that could be the reason a cab driver is dead, from drag racing. sherrie johnson picks up that story. >> reporter: ev

this chart shows commuting for colgate airlines. that shows newark and it shows the pilots -- where they're living in order to fly to newark to get to a duty station. does that make any sense to you, captain prater. i understand you might say it's always been that way. they got to get adequate rest and so on but this case had a copilot that flew all night long to get to her duty station and so does that make sense? >> it makes sense, and i would agree that is -- that represents the reality of our air transportation system and our pilots. however, i think we have to take a very close look again at the system that has created this. you can't open and close,í domiciles on a regular basis and not give them some ability to either move to their new station or to get to work. even if i am based in houston and a company needs me out of newark, they will deadhead me to newark. they will get me to where i should start my flight. this is a huge responsibility that professional aviators take very near and dear. none of us get into a cockpit. e

investors get another batch of number this week from visa, colgate palmolive and exxonmobil.l loans held by 15 large u.s. banks fell by nearly 3% in the second quarter and bankers and borrowers refrain from risks. more than half of all volume in april and may came from refinancing mortgages. loan demand fallen as expansion companies put plans on hold and consumers trim spending to ride out the recession. >>> according to lundberg, the average price of a gallon of gas fell about 7 cents in the past two weeks to $2 . 49 but appears the rate of decline is starting to slow down. this latest price is $1.51 below last year's peak for a gallon of regular unleaded. that's the latest business news. >>> in "2 your health" education officials from across maryland are gathering in annapolis today for what they are calling a summit to discuss the swine flu. they plan to talk about potential vaccines, new ways to report swine flu and the emergency preparedness. as they get set for the flu season they say it's a priority this fall. >>> and president obama continues his push to reform the he

i love mcdonald's, but it's not the right stock here the same way that colgate is not the right stocknd morgan stanley made a real point. china is turning back to the positive and that throws the stock down to the 32-33 level. this is the thing people want. >> a brazilian south african, belgian or jamaican beer. >> there real american beers. we found them. >> we have them in pennsylvania. and i like the beer. >> wow. isn't that an amazing coincidence. have a good one. >> 6:00 and 11:00 eastern and the head of the biggest brewer in the united states of america. will there be american booze left? >> what a day for a beer. president obama getting ready for a drink. four hours until they are open. is he forgetting it is not american-owned beer. here to discuss, the investor who put the $2 billion into what he hopes will be the biggest beer company. the cofounder of kps partners. good to have you with us. i like your motto. million barrels, change is brewing, yes we can. >> absolutely. >> i like the fan words and it's amazing to me that north american breweries and a name that a lot of peo

in owings mills, south colgate road that crash remains on the scene., i'm sticking with cable. so's ted. (voice) no i'm not! he's just goofing. (voice) no i'm not! (sighing) ted has betrayed me. (announcer) unlike cable, fios brings 100% fiber optics straight to your home and when you switch now, you can get a free compaq mini netbook. just pay shipping, handling and taxes. with fios, you'll get razor-sharp tv, blazing fast internet and crystal-clear phone service all for just... sign up today. call the verizon center for customers with disabilities at 800.974.6006 tty/v, and for a limited time, get an incredible compaq mini, to get the most out of your fios internet. get it all together with a great deal on fios tv, internet and phone plus get a free compaq mini netbook. just pay shipping, handling and taxes. call the verizon center for customers with disabilities at 800.974.6006 tty/v before time runs out on this astonishing offer. ♪ the art of getting dirty. the art of getting clean. new powerfully formulated wisk®... is better on tough mud stains t

sasay u got to own the colgate,e,ouou he to own the proctor and gamblele i i rard emem le your fieldingame just at e e t. jimmy, do you u havenynying to asask a abo? >> y you kw w at, jim, i do. this is noththing ououthat. i want to know about youour ti on the donald trtrumshshow >> well, you know, it't's interesting you asasththat there's a loloofof pple who feel ththatonald trump is a bit of f -- t tt t he too prideful, he is rger than life and cululvavate that image.. i saw the other dodoldld tmp, i saw a great dadad, g gre dad, i sathe charitable donald trtrump, i saw the quiet man thth c com back and makes y youeeeel od even if you'veve beecucufrom the team a and auyuy regarded as spspirional. you u n'n't e that side and maybe you don't t wa t to oject it but j. . rollhehe got it. >> yeah,h, m metim a couple timeananit's been nothing but t great. agree. hahavet seen the father sidede ofofim but seems to be a r rea great man and a trueue plllly y. yousus to work at the vet. you were thehe. . >> my time with phphilelelph -- my dad had world series s ticks to t ' ' world series, we kn

i say you g got to own t the colgates and the proctor and gales. i regaga t theas your elding.in th atat-b. jijiy, do you have anythining ask k about. >> you owowjim, i do. i ntnt t know abobo your time on the donald trump p owow. >> well, youou know,it's teresting you ask thatat. there's aa lot of people w feel at donald trumpisis a bitt a thatt he's oo ididef, that he is saw the charitabableononaltrump, the gogooddad, thee m man who makes el good even if you've bebe cow t t om the teteam i w the guy o'o' been gagard as inspirational. he got it. yeah, yeyeah you know, i'veet him a a couple ofof tes and 's's been nothing but great. i reree. i haven't seseenhehe fathehersi of him but he seemsms tbebe a rl good man. ybody that bringng y on a show a philly fan, a truee phily fan, m maneded work at t the v. yoyou us t twork at the vet. >>>> rkrk for four years. mymylalaim to fame, whehen cr lazizikiki h it over the wa, , i wowon e payoff for $1,000.0. how about that? jimmy rollins has t game. i wawant pplplto stay in the ga. this man youananearn from world championsns a i i b they'

a good way to play it is colgate. you have a solid consumer staple and product company that will weather any recession, but playing the other side, most of the sales come from the asian and latin american markets where all the growth is. assuming a recovery that comes quicker than most people think, you are playing both sides of this economic turn around. we like colgate.e. it has 2.5% dividend yield and it's safe and sound and rate to take off if the economy takes off. >> people brush their teeth we hope even now. that is one of mark's other picks. thanks to both of you. appreciate you taking the time. the dog bathing suits are coming up and the world's largest store is getting bigger. that's our crokus and it's next. 0 "i'm rethinking everything... tdd#: 1-800-345-2550 including who i trust to look after my money." tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 "the dust might be settling... tdd#: 1-800-345-2550 that's great, but i'm not." tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 "i guess i'm just done with doing nothin

still investing in our business through the cycle, good, bad, but they took a hit today as did colga colgate-palmolive. a national global company. growth did not meet the expectations of some who wanted it to do better. becton dickinson, had a big gain on foreign exchange hedging positions and will go bye-bye next year and forecast looks light and kellogg, to give you a couple big names. and 10 more reports after-hours led off by disney, looks to be a little bit weak. get ready, larry talking about the new bull market, people looking for aay in and have to look for weaknesses, disney a little weak, first share made it but looks light. we heard that many many times. las vegas sands coming in. i mentioned it's been one of the hottest stocks the past couple of weeks, up about 6%, miss there, six in a row and yrcw, pardon me, i'm old school and pit pitney bowes. >> bill zares, star of stage, screen and television. >> and will be unless he gets it turned around. >> a friend of mine. >> defending his quarter. also worth a peek is ge versus the dow. we saw that giveback final 30 minutes of trade. >> ge gave

for bears and bulls, quality stuff had earnings like colgate pal mol live. a great quarter but wall street knocked them down 5%. that company will do well, raw commodity costs down a bull and bear can appreciate the stock and british petroleum have a nice dividend yield. i don't think everybody need to disagree so much. you can find middle ground, palmolive gold and staples and get some yield for it. >> gdp second quarter comes out tomorrow. everyone is expecting a 1.5% decline. the guys of high frequency say it could be up a half a percentage point. would the market flip out and go up on news like that if we got a second quarter surprise, dick. >> i think so, the two issues on gdp number are change in inventory and change in net export figure. if the change in the net export figure is as big as i think it is and change in inventories move up a little bit, you will get a much more positive number than decline of 1.5 and high frequency economics would be right on the money. >> wouldn't that be nice. what do you do, mike robino if the markets start to roar aga

. >> anoer area working today, consumer staples, procter & gamble, clark, colgate all closing higher. consumers looking to a bit re defensive here. do we like these names? >> a lot of news out of russia we heard aut kraft last week and pepsi and so of these guys. there'growth in emerging marks, a place for a consumer base that a lot of theuys haven't taed the big issue for these gu is not on doing business on the grou in china and russia, but building out distribution networks, ich is a big part of logistics chain. i worry about at for people like pepsi and coke as there trying to gr in places like russia. however, it's very positive playand i'd be buying coke on this play because of the growth in easteurope and tiamerica. >> next trade here, tradinthe globe. obama is in russia. timmy made reference to is. companies maki big stakes in th country. pepsi anuncing a $1 billion investment in a bottling pla intestingly, because companies are investing in plants over there, it doesn't necessarily reect threalities of inveing in the stock market. william browder of hermita capital, which ia

. >> another area working today, consumer staples, procter & gamble, clark, colgate all closing higher. consumers looking to get a bit more defensive here. do we like these names? >> a lot of news out of russia, we heard about kraft last week and pepsi and some of these guys. there's growth in emerging markets, a place for a con suler base that a lot of these guys haven't tapped. the big issue for these guys is not only doing business on the ground in china and russia, but building out distribution networks, which is a big part of the logistics chain. i worry about that for people like pepsi and coke as they're trying to grow in places like russia. however, it's a very positive play, and i'd be buying coke on this play because of their growth in eastern europe and latin america. >> in terms of growth interin thely. yum brand is what we talked about. look at the stock today, $35, up 1.5%. that's a great day on a pretty benign tape. i still like yum. that trends upwards of 40. i like yum. >> next trade here, trading the globe. obama is in russia. timmy made reference to this. companies m

newest member of the dow jones industrial average and we'll get results from the like of barrick gold, colgate ham olive, cigna, dow chemical and after just heard from basf lowering its guidance and saying here in north america, it's wa too early to tell whether things are turning around. eastman kodak is reporting, international paper and mastercard. walt disney will be the highlight after the closing bell along with genworth and metlife. >>> coming up on "worldwide exchange," will stimulus spending at home and abroad pump up demand for cars and electronics in the second half? >> plus, the sales of wii have started to lose some punch. >>> i'm christine tan. in asia, sony posted a smaller than expected loss in the first quarter and said it is aiming to beat its full year forecast. >>> and i'm ross westgate. in europe, it's a big day for earnings with shell, bp all weighing in. >> i'm bertha coombs. investors brace for earnings of exxon mobil, disney and another treasury auction. >> the ftse cnbc 300 has been ticking higher, just up 0.4% at the moments. the ftse 100 is firmer on the back of the

the fda has identified a lot of fake toothpaste meant to look like colgate, and over 40 brands they say a couple of years ago with the chinese toothpaste under other labels. >> some of the products with still out there. you have to be careful with that. again, anything you put on your body, drinking, eating, be careful. >> the other stuff is this really, really inexpensive tool. >> they all come from china. this can be hazardous. it could be a choking hazard, lead content is an issue as well. there's been a lot of recalls, millions of recalls. in 2007 1.5 million recalls on jewelry. >> what about this stuff? >> vitamins, all that type of thing, you find drugs there as well. i would sort of stay away from this. some has expiration dates and some sdebt and some is expired. vitamins, we did a study and found 50% of the dollar store brands didn't contain the nutrients they actually claimed. >> that's reason enough not to do it. >> electronics here. >> these would be under the inferior category. electrical products from certain power surges to cords, all that stuff could be a fire hazard. >>

colgate at reisterstown road.per hour at paring parkway at the top side. on the west side, the delays are on. a live look at 95. looking at the back-up from 695 down to the tunnel. this traffic report brought to you by the perry hall outback steakhouse. live adventurous. go outback. don, have a great weekend. >> same to you. >>> the local mta adopts a zero-tolerance policy when it comes to their drivers and operators. mary bubala explains this new rule. >> reporter: don, the mta counting on riders to help them enforce this new policy. if anyone sees a bus driver or operator using a cell phone or texting, they should contact the mta. if there is video to back it up the person will be fired even if it is their first offense. the d.c. metro adopted the policy the day before. police are investigating why two teens were struck by a light rail train walking on the tracks. the train operator never reported hitting them. video in d.c. showed of a driver sleeping or texting at the controls. >>> a man impersonating a police

taking shelter in th consumer staples namesike the conag ra and the kelloggs and the colgates of theorld. they are not only places to hide up, but places to benefit because the input cost also go lower. let's go over to brian with the tech trade. >> here at the nasdaq, we are like the curio child. when things are up, they are up higher and low is down lower. working the other two major indeces. i will start with chips because they are underperforming. down 4 plus percent. take a look at the big names. research in motion, 2 1/2 percent. apple 2 1/2%. dell is up 2.2%. if there is a bounce in investment, even better position than hewlett packard to yield results. that's why they are up. talk about oil, how about solar f. oil is not so high, you won't invest so much. two examples down weird on the day. both up today when the retail is down and the whole play for data domain. offered to 33.53. came off with a press release to tell us they are update us soon. nothing concrete from them and we will see if we can match that offer. they will to have the net. >> we am look forward to that upda

consumer products company colgate, motorola reporting after several quarters of losses and even though dow component travelers posted more than 20%, the insurer raised the full-year earnings outlook. on the other side of the coin, exxon mobil, how about this? it says its quarterly profit tumbled to nearly 70%. in real dollars, exxon's earnings in three months dropped from nearly $12 billion a year ago to about $4 billion. so it still made a whole lot of money, the drop, of course, coming in the sharply lower oil prices and weaker demand. we have mixed news on the jobs front, new jobless claims jumped as more people turned to the government for help. but the number of people relying on unemployment benefits for one week or more fell. an awfully big number, though, 6.2 million. and looking at the first minute of trading. yeah, seeing green arrows, heidi, the dow, nasdaq, s&p 500, each up about 1%. not a bad start, heidi. i'll be back to you shortly. >> okay, very good. are your ears still ringing from all of the bells? >> yes, they are. >> all right. >> i'm across the floor. >> susan lis

so you got companies like colgate have pricing overseas, advertising costs coming down, so you're going to make money on 3% dividend yield and 5% earnings growth.h. you can make a bear case at any time but there are opportunities. >> our other guest has proven that many times. >> certainly, consumer staples are a safer way to play that. and we believe that the financial system is functioning through the good graces of government intervention.. john mauldin just wrote a piece yesterday talking the $5 trillion governments are needing to borrow over the next year. you know, the numbers are massive. certainly the economy is doing slightly better however we think the markets discounts that and we don't think the green shoots are going to turn into trees. >> let's just get straight to what you're saying, david. yesterday, we had a guess on who was saying that the haines bottom, we could go 25 to 50%, not even that bottom below where we were are in november. >> no way. >> and clearly haines is beg to defend it. but david, would you make the case to mark why the bottom will dive? >> we certainl

when you start thinking about jnj, that leads into looking at somebody like colgate and avon. want to think where the consumer is spending their money. >> good breath is not such a bad thing. >> even in a recession. >> with the big tech earnings, they give you a few hours to place your bet. here to help us is pete of option monster.com. grit to see you. >> grit to see you, melissa. >> we have good guidance and a lot of people are expecting a lot out of intel. >> novellus were expecting the margins to expand and that will be encouraging. when you look at intel there catalysts to look forward to you are probably not going to see a blowout number and they have beat four out of five quarters and expectations that is that they will beat again and you will get nice drivers and clearly the growth will be there. that's the cheaper end and if we do see that cycle start to come in because of the os 7 launch, upgrade cycles could get a big, big push for intel and they are looking forward to it. not just a net book explosion, but the move to the pc cycle consumers and as that happens, tha

you can go into a company that procter & gamble, colgate, pa palmolive and pepsi right now. the dividends on the companies are 2 1/2 to 3 1/2%. >> because the stock prices have come down. >> that's right. the earnings remain relatively strong. great revenue growth at these companies. in the telecom space, being a dividend investor i don't have to pick between at&t and verizon. i like them both. over 6% dividend yields of both companies. both are going to win. >> jon, what are some of your picks in terms of what you do with your money right now? >> well, i think to capture gains for the rest of the year you have to look a the sectors that have been performing well since the spring. you're looking at the technology sector. you're looking at energy, materials, and the consumer discretionary sector. i think that's the place where money is going to flow. that's the place where the strongest optimism is as far as capturing the perception of improved economic growth globally and in the u.s. and so i think that's where investors should be directing their investment dollars for the r

motorola, cigna, colgate and dow chemical. friday, we'll get chevron and auto nation on a week where cash for clunkers kicks off. i think you might be looking at some aetna numbers right now. >> i am, carl. you're absolutely right. operating at 77 cents with a 78-cent estimate on the books for first call. revenue, 8.66 billion. that's above expectations. companies taking appropriate actions to address higher medical costs, which is a lot of times what controls a managed care company's result. that medical loss ratio. i'm sure this company has some other things in mind, given what goes on in washington every day. big stuff about these blue dogs and the blue pups. apparently the head blue dog guy had a bunch of blue dogs playing dmar cards in his office. there used to be the expression, even a yellow dog could get elected somewhere. these guys adopted the blue dog. they are the tail wagging the entire tail of the democratic party and the progressives are not happy. >> you saw them over the weekend, we can't do this ourselves. >>

colgate, palmolive, kellogg's, big ones reporting.he largest oil company, exxon mobile, and lower nubbles, beat expectations. managed to get themselves a ride. back to you. >> thanks so much, steve sedgwick. time for the news. >>> and president obama is brushing off a delay in the timeline for health care reform, even as a new poll suggests support for the overall is eroding. house lawmakers will vote on a compromise plan in september, although 42% of americans say the president's proposal is a bad idea. >>> this morning's "washington post" is announcing the house sets to approve $17 million in military equipment. defense secretary robert gates says it's not needed. according to the report lawmakers are asking or behalf of political contradiibutors wh represent defense contractors. >>> suing the wife of bernard madoff for $45 million to compensate victims of his massive fraud. according to the suit, ruth madoff received tens of millions in dollars in fraudulent transfers over a six-year period of time. >>> coming up next, we've got th