conagra wants to refocus its business on healthier products to keep up with consume purchasers of conagra are up 7%. >>> fitbit shares hard hit. pacific crest securities cut the fitness device maker to underweigh essenti a sell signal, from neutral, saying sales of the company's latest product were off to a slow start. the fitness tracking ban was seen as a flagship holiday product. fitbit's share finished the day down 11% at 14.81. >>> qualcomm may reportedly acqu nxp semi conductors. the wall street journal says qualcomm is in talks with the chip maker over a deal that could take place in the next thre months. the takeover could be valued at more than $30 billion. shares of nxp were up nearly 17% to 96.12 while qualcomm was up 6% to 67.45. >>> a district sales manager at incies pharmaceuticals for taking part in a scheme to take kickbacks for opioids, the latest in a string of charges brought against company emp dealing with the drug. you may remember we aired a series about the scandal last year. s shares were off. >>> some say the government hasn't moved fast enough on interest rates

pepsi co, conagra, and -- conagra, it's food company. that shot up $3. not much of an opportunity. pepsi co, a large capital stock got held back by the overall market. it initially rallied with a couple of bucks on a fabulous quarter. ended up closing a measly 38 cents. that's the kind of opportunity i want you to buy into if it goes down tomorrow. it has fantastic management. much better than any other stock in its category. i think it would have been a much more likely to be a big i don't have time to list all the different stocks i like to tell you about if there's a market-wide selloff. we're going to be in for some more pain before we get the gain most likely from fiscal stimulus. let's not hurry. my suggestion, stick with companies that support good numbers. stick with pepsi co, as we have in my charitable trust. goes down tomorrow? simple. buy it. but the bottom line is you need to wait for more bargains as the days go the deutsche bank situation gets more disconcerting the longer it lasts. least until it gets resolved. hopefully in a way that only hurts deutsche bank shareh

if you own any of these stocks, whether it be kellogg's or conagra or clorox, you need to keep one finger on the trigger. we sold two core positions in my heinz and, oh, my, procter and gamble. we feared the future of both companies. the production of principle costs too much. here's the bottom line. the safety group may prove to be the most vulnerable out there at the moment until the stocks come down where their yields offer more support and the takeover chatter ends. only then will it be safe to and the stock market as a whole. don in ohio. >> caller: i own some pepsi stock. it's been hanging around the low 100s for a time now. i'm wondering if there's any upside left. >> yeah, i think there is, we sold some, we're looking to buy it back if it gets to 100, 102. it is the strongest stock in the food group. i know they get into everything, but that's an opportunity when it comes to pepsico. how about holly in oregon. >> caller: jim, whoo-hoo. costco has lost its mojo. homogenized offerings. or what do you think of costco? >> i think you're too negative on costco. we sold some in the high

pepsico reports before the opening bell, look for results from conagra and cost co.hear from several fed officials including atlanta fed president dennis lockhart. >>> what can we expect in today's session? joining us is dan hackman, senior fixed income strategist. welcome. i know you focussed on fixed income, but it feels like oil is at the center of global market moves. are you surprised to see it down this morning after that big agreement out of opec yesterday? >> not surprised by the -- i would say the profit taking, sara. opec has a history of noncompliance. so i think there's a reasonable amount of doubt. but i think there's validity to the cut in opec production. saudi arabia, if you remember, cut compensation to several government officials, announced that this week. to me it's an indication they're suffering, running some budget deficits over there. they have a lot of incentive to have oil prices rise. this does help the markets to rebalance, speed that process up. bottom line, commodity prices have bottomed here. >> dan, one other big factor driving u.s. eq

down $10 from its high in july, and if the stock gets slugged going into the quarter, perhaps if conagra, which reports on thursday, gives you a miss or costco takes down to buy some mccormick, the maker of old bay seasoning. one other report to watch for on friday -- and this is a very important report. the chinese manufacturing and non-manufacturing pmis. you know we're getting bullish on china here. you know that copper started moving up. the freight index is ramping. auto sales in august were white hot in china. and this week we got some stronger asian numbers from one of my favorites, caterpillar. if we get better reports out of china and the dollar stays calm against other currencies, we're going to come into october with a head of steam that could create a very positive backdrop for many of our big international stocks. so here's the bottom line. next week marks the end of september, historically the weakest month of the 12. right now the market has gotten through pretty much everything that's been thrown at it. go back and look into the verbiage going into this month. lots of sca

. >>> food giant conagra continuing its push for healthier options starting to add more neutral ingredients flavors. the company makes slim jam, bank get frozen meals and peter pan peanut butter. people can change and academic and social pressures are piled on teens can be taught coping skills to skirt the pitfalls of psychological depression. there's a simple and effective technique. students participated in a reading and wright exercise and turned into a basic message to help them manage tension. the message was people can change. the students who completed the exercise did, however, however have lower levels of stress and had more confidence and achieved slightly higher grades at end of the year. 83% of americans start every morning with a couple of coe and we all know coffee keeps us awake and alert and there's many health ben officials. it can help with weight loss as caffein stimulates the nervous system and breaks down fall cells. from the nasdaq, i'm jane king. here's to your health. >>> "abc 7 news at 4:00" continues. up next, like paid vacation and better. the incredible new appro

conagra rising, as well. boost from higher margin products. that helped overshadow revenue which came in slightly below forecasts due to divestitures and currency fluctuations. >> sue herrera with details. >> speaking to reuters and what jeff gundlach said, stay away from trading deutsche bank shares and credit because the company is difficult to analyze and he sees a possible government bailout. he also says investors should continue as the market sell off doesn't feel like it is over yet. he thinks there is more coming. stay away from deutsche bank and credit and sees a possible government bailout. something for you guys to continue to talk about. >> thank you. that central question about a bailout or a bail in or what happens with deutsche bank will continue to hang over the markets. larry mcdonald referring to it as a moment saying we will probably see more real market paying to extract political will. they chose to let lehman fail. the question is what is the choice. >> this is precisely what is going on in 2008 at that time. we'll see wh

conagra foods topping estimates but the revenue was a little bit short.is expected to be the last report before the food producer separates into two different companies. sales dropped as it tried to reshape its portfolio to create the revenue base. and check out inter-cellular plunging. the stock is down almost 65%. releasing disappointing test results for its lead drug candidate. that was a treat for schizophrenia. it had the same effectiveness as a placebo. cut the shares by more than half. down 6 4% today. >>> now back to politics. hillary clinton's attack on donald trump has focused on his character. joining us now someone who has known the republican candidate for years. president of leading new york real estate firm and also the former owner and publisher of "the post." when i say "the post," we had other people on -- >> "the washington post." is there a "washington post" a too? because what i'm really talking about is "the new york post." what's this other? oh, i know. i call it the washington compost. >> we don't pay attention to "the washington p