can darden break the spell? here's how i view it. the cash flow in the stock of darden is bountiful. a 3.65% yield. i'm tempted to buy some darden ahead of the quarter and then when the restaurant spending story clears up and eventually it will, these stocks will all explode higher. in the interim, darden is paying you to wait with its outsized dividend. it's a good story. tuesday's second major earnings report that i'm also excited about is from micron, symbol moo. there's a huge amount of consolidation going on in the semiconductor space. more on that later as we're hearing about that qualcomm other chip makers are doing better simply because there's a shortage of the products even though these products are commodities. micron is the best example as they make prosaic chips for flash memory and basic storage. drams. now, demand happens to be outstripping supply for those, according to intel and hp ink, that also makes printers. both of these companies, hp and intel, mentioned on their conference call that there's tightness -- that t

take a look at darden.d off the day really strong after posting its eighth consecutive quarter of positive comp store sales but has faded and this represents or symbolizes the reluctance people have when it comes to casual dining space. food costs are very low. it's cheap to eat at home and that's hurting all these restaurant stocks. >> this rutter story about yahoo! complying with a directive to scan millions much e-mail accounts will be a huge story because it brings back that question in the apple case from the san bernardino killings of what is the role of the technology company vis-a-vis their customers, national security. we'll talk about that and more at the cyber summit tomorrow. >> everybody nearly poo-pooing about the deutsche bank statement is $5 billion. if it turns out to be correct and deutsche bank stock is up another 2% today one of the greatest exclusives of the year for that wire service. >> biggest short squeeze higher. thanks for watching "power lunch". >> closing bell begins right now.

although darden hasn't really participated as well this year. not sure it has that end of year boost that most of these stocks are going to get. >> it's what people call a restaurant recession. >> i'm sorry, scott. >> a restaurant recession. >> we've been hearing that, but then there are stocks like yum. it's been going gang busters. darden did have a good earnings beat, and mcdonald's has been most of this year a good buy. frankly, i don't think this is one that you want to stay in through the end of the year. the yield isn't enough. >> down 10% over a one-year period. not good enough to get in. >> nope. >> pandora added to goldman's conviction buy list. zwroe. >> we've been talking about this since april since it was below $9. we've liked it. possibilities are out there for a potential sale. the real story is goldman. sights on demand. continues to surge. think about where the stock was. fell from $20. right now little south of $15. i still think you want to hold to this and look for this stock in upper teens. >> talking to catalyst. you got c

made the names dorothy vaughan, mary jackson, katherine johnson and christine darden and the other women who contributed to the space race and change the course of history finally receive their dues. a few housekeeping notes, i want to remind everyone the book signing will take place afterwords in the great hall. c-span asks because they are filming, no flash photography. and silence your phone. i welcome you on behalf of the hampton museum, invite you to make history with us and tonight margot lee shetterly is doing that. it is with pleasure and honor i introduce margot lee shetterly. [applause] >> thank you so much for that amazing introduction. thank you to the hampton history museum which has been incredibly supportive of its research since the beginning and i can't think of anyplace better to publicly launch this endeavor than here in hampton, virginia, my hometown with my home people and thank you for coming out here tonight. it is a wonderful thing this venue that i am giving now is taking place in a church because it started six years ago in a church here in downtown hampton wher

i think that darden has the right price.he people, if they're going to go out and not stay at home, they want to see that they get a bargain. david i know hasn't gone to olive garden lately but we went a couple of weeks ago. look, it's just a great bargain and that's what people want or else they'll stay at home and use mccormick spice, which had a fantastic quarter last week. >> comps are up 13 and they guide higher. the street is at the low end of that range. >> cheap stock. cheap stock -- >> this year it has not had a great year in the market, of course, barely up at all. last year, as we know, was a very strong year once they had replaced the entire board of directors. that highly unusual takeover of the entire board and resetting all of management. but starting to benefit a bit. a positive herd on the street today. >> one of the things i want to caution people, it's only traded 300,000 shares. conference call has historically reverb bratd and people say let's not get to bullish. this thing is dirt cheap. ever since they

darden also buying back up to $500 million worth of shares.res were up just a fraction at 61.72. sears has reportedly attracted intere for its craftsman tool business. bloomberg says stanley, black and decker and techtronic industri made some bids. the winning offer bu due by we t en of the month. sears rose to $12.10. >>> google unveiled its new flagship smartphones, the pixel and xl. the phones replace google's prior smartphone venture called the nexis, and directly take on apple's iphone. shares of google's parent al were up a fraction to > and yahoo! reportedly scanned hundr of millions of its users' incoming e-mails for u.s. intel reuters says the tech giant built a custom software program to search the e-mails to comply with the classified u.s. government demands. it could be the first time a u.s. internet company agreed to a government request to certain all incoming mail. yahoo! shares were up a nickel to 43.18. >>> as the two vice presidenti cand get ready for their first and only debate, small business owners are focused on health ce

christine darden and the other women who contributed to the space race and changed the course of history finally receive their due. now, lucy gave a few housekeeping notes. i just want to remind everyone that her talk is going to be here, but the book signing will take place at the hampton history museum afterwards in the great hall, okay? so walk back across the street. and so c-span asked me to say that because they're filming, they ask for no flash photography. so if you want to take a picture, just turn your flash off. and please remember to science your phones. so, again, i welcome you on behalf of the hampton history museum, and they invite you to make history with us. and tonight margot's doing just that, making history. it is with great pleasure and honor that i introduce my friend, margot lee shetterly. [applause] >>chadra, thank you so much for that amazing introduction. thank you to the hampton history museum which has been incredibly supportive of this research since the very beginning. and i can't think of any place better to publicly launch this endeavor than here in hampto

darden restaurants, the parent of olive garden reporting results before the bell and get results from micron tech after the close. coming up on "worldwide exchange" this morning top market stories including the plunge in the pound. a live report from london straight ahead. >> today's twitter and facebook question clinton versus jamie dimon who has it right? has the bashing of wells fargo and john stumpf gone too far? your option yes, nothing criminal going there or no banks are evil. get involved with us. much more discussion coming up on "worldwide exchange" in just a couple of minutes. spraegs r >>> welcome back to "worldwide exchange". very good morning to you. yesterday we lost about a quarter to a third of a percent. today we're expected to open up by about that same amount of losses from yesterday. we did come off the lows of yesterday afternoon performance better than morning. we're up by a quarter of percent in the pre-market or 42 points for the dow. the pound hit a fresh 31 year low earlier in today's session. slightly off the loss of the day down about half a percent. europ

if you want to eat something, look at darden restaurants. olive garden, darden. >> parlaying, full disclosure i'm recommending it. i like the story a lot better than cmg. melissa: okay. david: from chip peel toe to health care, that is perfect transition. melissa: it is natural, ceo mark bertolini, that young people care more about beer than their health. melissa: that makes sense. david: that makes sense. out-of-pocket costs for obamacare risen so much he believes it does make more sense for them to spend on gas for their car or beer for fridays or saturdays before health care. veronica, it makes perfect sense for 95% of the millenials. it makes no sense for them to buy insurance. we knew that from the beginning. makes more sense for them to pay a fine, just not worry about it. dedoubleables are so high it will never pay off for them. >> i know a lot of people paying the fine and taking the hit. economics are always tough for millenials. many are individual households. they're single. they don't have dependents. they don't get subsidies for

earnings were above expectations for darden.full year guidance and announcing a stock buyback. >>> let's get a check on the markets this morning. we've been watching the u.s. equity futures and they've been bouncing back and forth. you're going to see right now they're still there near the flat line. s&p futures are down but just marginally. dow futures up by about six points. the nasdaq by nine. mainland china is closed for golden week celebrations. we continue to see that today. the nikkei was higher. looks like our boards are frozen right now, but the nikkei was higher. hang seng higher as well. european markets have actually been doing fairly well this morning. we've been leading the way because of the ftse. we talked about the ftse up by 1.6%. again, this is because of the sterling move that joe was just talking about. as a result we have seen stock market there up substantially. >>> stocks to watch today. shares of deutsche bank rising in german trading right now. they were closed for a public holiday yesterday. the questi

darden with better earnings.downgraded over at a record. -- grubhub off by 4%. dr pepper, a different story, downgraded over at every court -- evercore. 20 minutes away from the cash open in new york. features largely flat. from new york, this is bloomberg. -- features largely flat. largely flat. from new york, this is bloomberg. ♪ alix: this isalix: "bloomberg ." deutsche bank, how much capital do they need to raise? what about contingent in the markets? take a look at this chart. credit default swaps, tracks 30 plus financials on an equal rated basis. credit default swaps starting to pick up. not at the levels we saw back in june, but nevertheless, a pickup. roger altman spoke with us earlier. deutsche bank is small. market equity is about 18 billion. jpm is over 100 billion. one of the things going on here is that deutsche bank is under pressure. for a number of reasons. it is so small. david: you have deutsche bank on the one hand and u.s. banks on the other. -- is this as deutsche bank specific situation

millennials coming up the millennial group is back, plus never ending possible returns and profits dardenmove we tell you coming up futures right now broader rally start of trading fractional movers really dow jones industrial average expected to be up 10 points, that is off the best levels of the morning, richmond federal reserve president lacker saying there is a quote strong case, to raise interest rates in a speech this morning, and he went further to say rates should be much higher than they are right now. in europe gains across the board, the british pound is story to aring morning european bourses down to 1 year low overnight driving money into stocks in london ft 100 off one and two-thirds percent sim in asia markets higher there is a holiday going on in china shanghai composite closed take a look at nikkei in japan up nearly 1% overnight, on to race to the white house we go vice presidential candidates face off one and only debate joining us to talk is eric trump republican nominee donald trump son executive vice president of the trump organization thanks for joining us how is go

. >> olive garden numbers higher sales olive garden going to help the share price of the darden restaurantsng off a couple bucks there tesla, the story yesterday higher car deliveries much higher nice pop yesterday up 10 bucks, going to be flat the opening bell this morning, i want to get to the migrant crisis more news on this, 12587 syrian refugees have come to america this year see that top number -- 12486, a total that is right okay, only 68 christians only 24 -- what is that all about, joining us now sebastian gorka author of defeating jihad aptly titled book if you ask me seems to me this administration has deliberately tilted towards muslims coming to america am i wrong? >> well, you just quoted the fissure seems absolutely plain, the fact is we have ethnic cleansing also have religious clengs state department thanks to xhooits of columbus three months ago admitted what is happening in iraq syria to census is religious cleansing they targeted census christians we favor the majority muslim population it makes no sense at jewel are we have reported before you and i have talked about th