so it's no surprise that colgate palmolive's earnings were less than sparkling. the toothpaste giant earned a $1.38 a share in the third quarter, in line with estimates, and up from last year. but, like p&g, colgate's revenues fell short of expectations and were also lower than the year-ago level. the company also announced a four-year restructuring program that will slash its global workforce by 6%. often, a company's stock will rally on cost-cutting news, but that wasn't the case for colgate today. >> while that's generally good news in terms of freeing up money for investment, it's probably making the market a little bit nervous that they need sort of extra cost savings on top of their traditional program in order to hit numbers. >> reporter: his firm has done business with colgate in the past 12 months. so it seems it will take a rebound in the global economy to really turn the "tide" in favor of consumer products stocks. erika miller, nbr, new york. >> tom: john san marco is an analyst with janney montgomery scott. john san marco joins, i want to focus on pr

in local scores, howard homecoming edges oregon state, 21-20 and georgetown on the road falls to colgate, 57-36. >>> and time for our first break in the show. coming up, dave ross has more on the redskins first division game and joins us from new york after the break. as governor, i cut five b billion dollars in spendg and balanced the budget every year. and tim kaine and i both cut our own pay as governors, to lead by example. mark warner and i reached across party lines to get things done. we were a great team in richmond and we'll be a great team in washington. i'm tim kaine and i approve this message ...because we'll work together to restore fiscal responsibility, grow our economy and create jobs. [ male announcer ] tim kaine. bringing people together to tackle the challenges of tomorrow. athat's what the planan george allen supports...together would cost our economy. newspapers called it "economically destructive." like allen's votes to give tax breaks to companies... that ship jobs overseas, his economic plan would... help big corporations, devastating the middle class. allen even

colgate optic white. whiter teeth in 1 week. now try new colgate optic white mouthwash.whitening line. whiter teeth in 5 days. that's why i take new trubiotics. it's a daily probiotic that helps in two ways. one helps support digestive health, the other immune health. stay true to your health. new trubiotics. from the makers of one-a-day. >> diane: no arms, but a big hit at the ballpark, next. >>> closed caption sponsorship for "inside edition" is brought to you by: >>> stay tuned, there's more "inside edition" to come. >> diane: it's the first pitch no one at the ballpark will ever forget. as a baseball fan with no arms takes to the field. you are about to see a man with no arms throw out the first pitch at a major league baseball game. >> please welcome, tom willis. >> his name is tom willis and he doesn't know the meaning of the world "impossible." >> i was born without arms and i had to learn to use my feet to do everything in my life from writing, driving a car and now even pitching a baseball. >> that's right. pitching a baseball. he taught himself to grip the ball

as well as colgate. analysts expecting a rise in colgate.arnings per share falling about so that what are the challenges in the space? joining us is beauty and personal care analyst. are they able to move into higher margin products? >> the interesting thing about unilever is that it is using it existing brands to tap into new areas. in terms of-of-it's also trying to increase its coverage across the pricing tiers. so you see it is introducing its brand in markets such as pakistan an argentina, where it premium surface care brand is the market indicator. >> so they're going the other way. >> it is going the other way. but it's still a balance of both. you can't ignore one at the expense of the other. >> becoming majority of sale. how do you get the right products? consumer in india is rather different from the consume per brazil. how challenging is to work out what the right point is at the right prouk price? >> given that the emerging markets are growing, you also now stand to gain a certain level of economics of scale. going to the example

colgate, ford. we've heard from advanced microsystems. there's been a slew -- i think something like 62,000 job announcements -- firing announcements have been made since september 1st. that's a two-month big, the biggest two-month drop since 2010. >> gina, thank you. >>> let's give you some good news after that. right? gas prices fell last week. we're going to show you how much, and more importantly, how much it might put back in to your wallet. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. >>> i'm bill grif ffeth. 80 ceos are coming to tell congress to fix the nation's debt. >>> also, jetblue's profit took off despite sky-high fuel prices and lower fares. the ceo will join us at the stock exchange t

planned layoffs from names like colgate, zynga, dow chemical, dupont and others. they number in the thousands. it adds more weight to this dire warning from moody's today. it's going to be a difficult six to nine months for american consumers. things are likely to get worse particularly at the start of the year sp year. so what does this mean for these two men with the election less than two weeks away? what people think about jobs, the economy, and the looming fiscal cliff may well decide how the voting goes. we'll tackle it all but let's begin with sue herera. sue? another day in the red for the markets. >>> yeah, very much so, ty. we have a lot to get into in this hour, a very important discussion in just a moment. >>> first a check of those markets though. the dow jones industrial average was in the red just a few moments ago and now it has bounced back up into the green with the dow jones industrials now up ten points. nasdaq composite up four, the s&p 500 up 2.77. >>> we begin this hour with ceos on the fiscal cliff war path. chief executives of 80 very well

rival colgate-palmolive plans to cut fs 6 percent of its workforce by the end of 2016. earnings fell a bit short of estimates but were better than last year. sprint beat expectations on strong revenue. while royal caribbean earnings were weaker than last year, but the company is "encouraged" by increased bookings. energy drinks are causing a caffeine controversy. consumer reports study finds labels on some popular energy drinks are missing information. consumer reports looked at 27 brands, and found that 11 brands do not include caffeine on ingredient labels...and five have inaccurate amounts labeled. the study follows an fda investiation into monster beverages after a 14-year-old girl with a heart condition died after drinking two monster energy drinks within 24-hours. monster told consumer reports there is no legal business requirement to disclose caffeine levels, and that its products are "completely safe." it's a busy week for tech companies. microsoft is positioning to stay in the gagdet game is out with its new windows 8-- designed to run on pcs and tablet compute

in 1998 and 2004 she was a national finalnist the colgate country showdown.hat's the world's largest country music talent search. and more recently in 2006 jewels was cast as a top ten finalist on nashville star season 4. that's with the host wynonna judd. she spoke about the difficulty of singing the national anthem. >> it's a huge range. you are going from -- it's a big range and if you don't have that range it gets scary. >> jewels has already performed the national anthem for the a's, the giants and the sharks, but her singing tonight is an even bigger deal. she, of course, will check off all the fun and excitement at five. but there's a lot of niners fun to be had before that on our sister tv, coffee tv 20. we will have a pregame show starting at 3:00 p.m. and the pregame will continue at 4:00 p.m. the game is at five. and stay tuned for after the game right after that. sosa much 49ers fun to be had right here. you can just leave your tv on abc7 and just leave it there for the rest of the day. for now we're live on the embarcadero, abc7 news. >> thanks s

this week for and colgate-palmolive joining a growing number of companies saying they're going to fire thousands of workers. united continental says their third quarter profit missed analysts' estimates. the carrier is still trying to improve operation as a combined united and continental after 20 percent of flights arrived late with in the last three months. angering a lot of customers. gas prices are in the midst of a record a long string of declines. tripoli forecast that the gas prices will continue to drop through election day. they're considering spicing of their menu with some breakfast items. to public considering adding a drive to amend to some restaurants. they face growing competition. life here at the new york stock exchange. live at the new york stock exchange. >>the home foreclosure rate is on the decline in many metro areas but not chicago. realty trak reports the chicago area had one of the biggest jumps in home foreclosures. the rate is up 34-percent over the same time last year. new york had the biggest jump. as lenders rushed to catch up on their backlogs. tampa, phi

colgate on their workforce. they own several other companies as wel.about their decrease in employment as well. americans are working to get back to work ere is nothing elitist about you. but i know going back to the study, it was almost ingrained in us to move away from that. it really killed us, didn't? >> yes, and when i started talking about the subject maybe 10 yearsago, the average age of somee who is skilled and can make things, whether it is in a factory or a someone like a welder, they are 50 years old. those people are going to be retired pretty soon and we don't have anyone coming up after them. everyone is talking about what kind of how we are going to wear. and they say, wait a second, where did l this water come from? neil: you like mitt romney because you think he speaks more to this than the president. the factory worker, the man on the factory line, it's just not true? >> it is not true. romney is a businessman. he understands that all business, it stems from three things. mining, manufacturing, and farming. everything springs from tha

so far, this earnings season, we heard from a number of consumer goods companies, colgate, not so high. kimberly clark, headline numbers are better than expected, organic growth slower than what wall street was looking for. and they blinked and got out of the diaper business in europe, leaving it to proctor. but proctor delivered a tremendous bead. the efforts are clearly paying off. back to being the best of the consumer goods stock. i was right to take him off the wall of shame, and i would make him a member of the mad money ceo future hall of fame if we had one. how terrific were the numbers? pretty astonishing. earned $1.06 per share. that's enormous for a company as large as this one. organic growth, up by 2%. organic growth is accelerating at last. 2 is nothing, but it's a trajectory, and what they make on every dollar, rose to 50.6%, a huge moreover, better than expected. healthy organic growth and better margins, like the proctor & gamble of old. the company didn't raise guidance, that's okay. management is keeping expectations low. the forecast is good, and i think we will hav

and a crash coming into us and an baltimore pike at colgate road, another one there. we will give you a live look outside. right of your road you can see the inner and outer lips moving just fine. why the view of 295 star beltway camera at 295. a bitmera is streakifreaking ot there. that is the latest on traffic pulse 11. >> good morning. let us take a look at whether four major airports. we are kind of cloudy and drizzly. the east coast of florida gets rain. the west coast in tampa, mostly cloudy and 83. snow around denver. that is the colder air that will later get into gear. only 36 in the pacific northwest. seattle, 38. more on the forecast coming up in a minute. i want to check out sportsnet. >> now 11 sports with keith mills. >> good morning. the world series moving on to detroit. the giants now in total control. two-zero the giant shut out the tigers. the weather was perfect. and the celebration was on a including a perfect play by the giants' defense. second inning, now running. he gets the green light anyway. great relay. great tag. and the umpire says, you a

. >> reporter: and colgate is cutting 2300 workers.ord is scaling back its european operations and laying off 4300 people. h.p. is cutting 27,000 employees. former senator al simpson and former chief of staff bowles offered a debt reduction. but the campaign to fix the debt now sees the simpson bowles as a possible blueprint to fix the crisis. >> the political will not so much yet. so we will get behind any plan that both parties, house senate president can work together on and move forward hopefully in a timely manner. >> and we received a statement from snar simpson who said he and bowles are pleased there is a growing recognition among businesses and the public that something has to be done about the problem and he added that fixing the debt will have americans sacrificing for the good of the country. >>> a weapons factory is bombed in sudan. why it could be the latest example of israel's long reach in a shadow war with iran. stay with us. you're in "the situation room." [ male announcer ] it started long ago. it's called passion. a

so far, this earnings season, we heard from a number of consumer goods companies, colgate, not so highkimberly clark, headline numbers are better than expected, organic growth slower than what wall street was looking for. and they blinked and got out of the diaper business in europe, leaving it to proctor. but proctor delivered a tremendous bead. the efforts are clearly paying off. back to being the best of the consumer goods stock. i was right to take him off the wall of shame, and i would make him a member of the mad money ceo future hall of fame if we had one. how terrific were the numbers? pretty astonishing. earned $1.06 per share. that's enormous for a company as large as this one. organic growth, up by 2%. organic growth is accelerating at last. 2 is nothing, but it's a trajectory, and what they make on every dollar, rose to 50.6%, a huge moreover, better than expected. healthy organic growth and better margins, like the proctor & gamble of old. the company didn't raise guidance, that's okay. management is keeping expectations low. the forecast is good, and i think we will have

colgate 6%.nited technologies, cat, ford, it's not just the lousy earnings quarter they are actually laying off workers and shuttering plants. >> look, there's a reason to this and larry you touched on it in your last segment. companies have been able, done a great job of managing their earnings. that was not an awful earnings season. the problem is there's not a lot of top line growth only 40% of companies beat the estimate and the reason snopt hard to understand. we have a slow growth economy in the u.s., 2% is better than q2 but not great. we have slow down in most of the rest of the world, europe, japan, even the emerging markets have been struggling and that's caused a dirth of top line growth. >> you believe there's no 11th hour rescue that's coming and we are going to have a gigantic tax hike and the fiscal cliff will be violated. you believe that. what do you tell investors? what does that mean? >> let me rephrase that just a little bit to add a nuance. what i would say is i believe there

. >>> este segmento de despierta américa es presentado por colgate active white, dientes más blancosn bella, también en el gordo y la flaca estamos cumpliendo 14 años y quiero hacer esta felicitación para raúl y lily que son grandes amigos míos, al equipo de televisión y también a la productora, 14 años es un logro, nos vemos más adelante a las 4 de la tarde. >>> muchas gracias por esos tips para estar a la última y ya lo sabe, el mejor accesorio de su vida es la sonrisa. >>> programa de esta tarde del gordo y la flaca es maravilloso. >>> me tienes que enseñar esos pasitos. >>> pausa y ya regresamos con mucho más, fíjese, hay mujeres que siempre se enamoran del hombre equivocado, en breve sabremos por qué, cómo terminar con ese patrón, además, shakira, esto te gusta a ti, romner, el chisme, envía dos mensajes importantes por las redes sociales, ya regresamos con más de despierta américa tu mejor manera de empezar tus mañanas, con una sonrisa. >>> qué guapa está myrka dellanos. >>>ssí ♪. >>> llegó la hora del revoltillo. >>> revuélvalo. >>e> s momento de revolver el revoltillo. >>> bu

body language does not match your words, our brain literally picks up on it scientifically proven, colgatea study. itays wait a minute, i'm not buying what the candidate is saying or what they're objecting to, i feel it's overly scripted or overly coached. >> let's take a look at some video. we haven't seen mitt romney in a town hall style debate yet but this is him on the campaign trail. he does a lot of pointing which i know from past conversations with you, candidates usually try to stay away from. what do you make of his gestures? >> much better on the second round when he started gesturing with the palm of his hand like we see here but pointing, how do you feel when someone points at you? it's almost like i'm pointing a gun at you. it can be aggressive when you're pointing. >> that's why they do that thumb on the fist thing. >> that's right. that's right. the thumb of power right here. it's a combination pointing and chopping. it's much better and softer or palm up. mitt romney loves to point. i think it will hurt him in the debate tomorrow night. >> let's take a look at president oba

they had seen it to yuunilever d colgate. unlike one other company that's ever been able to -- the facebook advertising works, mcdonald delivered bob macken ernie. >> 6%'s a lot. kimberly clark yesterday saying that're going to pull out of the diaper business in western and central europe. those are companies losses or pains? >> kimberly is, kimberly blanked. i never thought kimberly blinked. i remember when they were a little midwestern company who decided to go national. they really figured it out. this was a remarkable quarter for proctor because they said, listen, don't even try to compete against us in business. pope was down a lot. but i think that this was a quarter and it's going to say, if i were at colgate, i would say darn it. if we were at bow sew, we're wrong. i thought this was going to be the quarter we delivered. >> is he on acman's -- >> i got guys who, ackman, it's like the xancompany xanax thing the: pin. >> those who have trouble sleeping, he lets us know, guess what we got a new nyquil product. nyquil zzz

and unilever and procter versus colgate.adn't asked you about procter & gamble, your head would have exploded. we didn't plan that. >> no. i took mcdonald off the wall of shac shame about three points ago. i said, i'm going to look bad on the wall of shame. i have to get rid of this gooi guy before the quarter happens because i think he's real. >> you may touch on this in "squawk on the street" i think. >> i just like what mcdonald is doing. this is a comeback guy. >> it would be confusing if he ran mcdonald's. >> people are thinking, what are we talking about? procter & gamble run by mcdonald. >> what a quarter. what a quarter. >> coming up -- >> same thing, people don't know which dow component we're talking about. >> joe moglia next. >>> a consistent series of wins. >>> with millions of americans out of work, a record high number of college graduates drowning in debt, it may be hard for some to remain hopeful about a bright future. but our next guest overcome challenges to be ceo of two careers. the book "fourth and goal"

. >>> colgate palmolive are cutting jobs. 6% of its workforce. >>> stunning images from hawaii. very active kilauea volcano. surging lava could spill over at any time. right now, it's about 100 feet from the rim. if it continues rising and hits 60 feet, the lava will be visible from the observation deck at hawaii volcano national park. >>> of course, this makes everybody think of -- you said it. magma. >> hey, robin. >> robin is doing it at home, right? >>> now, to new outrage, over school bus drivers caught on camera running red lights. the buses, full of kids, looking like they're in the middle of a high-speed chase. jim avila has the latest. >> reporter: good morning, amy. some wild rides for schoolchildren, caught on red light cameras, cameras originally installed to slow all drivers in school zone. found hundreds of bus driver violators. this school bus is about to blow the red light. one of hundreds caught on tape by stoplight and speed cameras. high-risk moves with young lives onboard. >> you have 50 lives you just put in danger. >> reporter: our affiliate, wmar-abc 2, re

colgate 23 hundred jobs and zinga on line game caterpillar and amd computer and dupont. >> brian: theyis and announced lay offs f. you come down scale smaller business are in the lay off phase. that's how you get to 369,000 new applications for unemployment benefits. >> steve: and there was a gigantic number of new disability claims made as well all troubling economic news and we turn to you stewart varney about all things political and economic as well. >> gretchen: have a fantastic weekend. >> steve: coming up. ceo's are talking about the staggering deficit. we'll hear from the ceo of checkers. >> steve: there is a restaurant in front of our building today. and dave briggs with highlights from the world series, dave. >> good morning, steve. not a lott of highlights if you are a tiger's fan. giants have owned the secres in co-merica park . saturday, and sunday and monday . temperatures in the low fours and rain in the forecast. should be interesting and we'll have a update. happy birthday to keith urban who turns 45 years old today. ♪ [ singing ] [ male announcer ] there are only so m

but colgate reported a quarter that wasn't that great last week. they would probably dispute that.ction on the street. again, that would be a spur. dollar stores. 47 million people are on food stamps and the dollar stores move aggressively into that. single servings. doesn't matter. >> this is intelligence you derived from twitter. sample size is pretty good. >> got a decent sample. i will say that people are for the most part fed up already. it was i saw long lines at costco. i couldn't take it. my whole foods closed at 5:00. my supermarket was too jammed. now, that is a sign that weather -- as weather corporation told us the advance planning on this one is extraordinary. people just really did stock up. >> that's good. we'll talk to sinegal and get more color. meantime meteorologist todd gross is tacking the storm at cnbc headquarters. what's the very latest? >> i was fascinated by watching scott. i remember in the perfect storm in 1991 only one day later than today how the tide started to drop. just like it's happening now. same time of day. again, it was on the 30th. it built b