danone is number two. and profitability is typically 18% operating margins plus and that compares to group margins of danone and nestle around 15% on the fully adjusted basis. so these are significant contributors in terms of profitability. but they're concentrating significantly as global c categories. as you know danone made that kr critical acquisition of an enterprise value deal $13.4 billion. there is a lot of comment and has been in the financial press of recent about johnson and other assets in china. so i think the stakes are high but these are very profitable areas when one has the critical mass as nestle and danone have and are continuing to build. >> yes, simon, the school of thought i do not agree with that actually these stocks are becoming too popular having performed very strongly last year. do you think they can continue and can increase with inflation? >> well, on the second question, their resilience in terms of material inflation i think the whole discussion about any of these companies,

mark danon afford a developing story, a former los angeles elementary school teachers accused of blindfolding, gagging and photographing children. he is scheduled to make his first court appearance today. he is facing charges of lewd acts of at least 23 kids between 2008 and 2010. a film processor found photos more than a year ago had alerted employees. he was fired after the photos were discovered. he was placed under surveillance and arrested on monday. he is being held on $2.3 million bill. >>mark: ross mirkirimi is set to be back in court on friday fight in order to stay away from his wife and son stemming from a domestic violence incident on new year's eve. his defense attorneys filed papers yesterday. those papers requested modification of the court order. currently it is in effect until the end of the trial that starts on february 24th. the judge has already twice denied it did order to modify or remove. >>darya: the weather is unstable. in some parts icy wayne and drizzle and other parts look pretty dry. >> a chance of struggles for everyone. a bit overcast just about everywhere. suns

danon true that you see here was arrested at a target store was accused of abusing a stolen credit card. since she was already on probation for stealing from help lead temple while working as a caregiver police search her home, they found evidence that she is committing the same crime again. police are not trying to locate and more potential victims. we will be back with more news to come. -dad, why are you getting that? -that's my cereal. is there a prize in there? oh, there's a prize, all right. is it a robot? no. is it a jet plane? nope. is it a dinosaur? [ laughs ] [ male announcer ] inside every box of heart healthy cheerios are those great tasting little o's made from carefully selected oats that can help lower cholesterol. stickers? uh-uh. a superhero? ♪ kinda. [ male announcer ] and we think that's the best prize of all. ♪ >>reporter: trails home construction on the 49ers who stadium is already ahead of schedule it details coming up. hmm >>pam: coming of the five were beaten like clint or an earthquake shook court of northern california this afternoon and a live look outside in

>>gary: tom brady is a good kid but i will take mark danon. >>gary: tom is nice the data looks like he could grab you by the collar if he had to. >>darya: and dan and his top. he is 6 ft. 1 in.. >>darya: dan and is taking his to man a break right now. some wanted to make mention about crosby. it is not a concussion, it is something with soft tissue that they said is treatable. >>mark: derek, i appreciate what you said. i would take you as well. >>darya: we will stand the test as to be right back. >>mark: other ride on the nimitz out of here read this morning, the drive times have improved but they are much over the normal trough as he heads out. slow and goes sometimes stop and go traffic. >>darya: some information on that amtrak train that derailed. the collision caused the train's engines and of on its side and to railcars jumped the tracks. the train was going to chicago from pontiac michigan when it slammed into the semi that was on the tracks. >>darya: we are back with more in a couple of minutes. >>mark: chain requirements in the sierra.

how the structure that looking at here is on east danon street in mountain view. more than 20 units were affected. reticle martell the some of the displaced victims now have no idea what they're going to do. >>reporter: in the mountain view fire department and the local chapter of the american red cross that the temporary shelter in. you can see the red cross vehicle behind me after flames and want to join nine apartments monday afternoon. in all, 25 units were affected by the fire. a red cross provided dinner from the fire victims. not me say that they're still trying to figure out what to do next. officials said the red cross will likely help seventh people who would hire a sentence that number could go up because of the displaced victims have not checked in yet. this 80 year old man was told that his unit was destroyed. he said and he was as and when the fires broke out. three others i spoke with said that they're still in shock. >> and robert roy if my daughter had not been there either night no firewood of woken up or not because i had taken medication. >> wh

unlike unilever and danone it expects margins on top of earnings. the big loser today, sector loser, spanish banks, spanish financials and you can see down here a lot of spanish banks, the weaker stocks out of the dow jones s it toxx 600, no longer applying today and so investors decided to make some money out of shorting spanish banks while they can. now this comes on top of the fact that we actually had another good auction today for spain. they raised just over the $4 billion they were wanting. bid to covers were good. yield on twof out of the three issues were lower. the key point is spain has now raised nearly 35% of their total planned issuance for the year and here we are second week through february. so they have raised a chunk of money. yields on the whole continue to be lower. spanish government debt steady at 5.51%. a good auction out of france today as well. solid demand. the ltro impact still being felt. french debt yields set steady. but what is noticeable those concerns about greece have once again lowered bund yields, more demand ris