deckers also cut back on marketing in the first half of the year. overall earnings results, however, came in better-than-anticipated. shares of black and decker powered more than a dollar higher as earnings topped estimates due to strong growth in the do-it-yourself and industrial construction business. samsung is taking the top spot from apple in terms of profits from handsets. samsung's second-quarter operating profits hit $5 billion. that trumps apple's profits of $4.6 billion, according to a report. samsung's sales are due to large inventories, high wholesale prices and tight cost controls. analysts say that apple is under more pressure now to launch more iphone models at cheaper prices - and with larger screens. pepsi is dropping the word "natural" from its "naked" line of juice drinks. the beverage company is paying $9 billion to settle a lawsuit that claims ingredients in the juices are not all-natural. pepsi says it adds vitamins to some of the drinks, but according to the lawsuit, the vitamins are synthetic. consumers are eating more meat -

>> deckers. >> guy? >> bwa, all time high.ded towards triple digits. >> i'm melissa lee. for more "f" "mad money" with jim cramer starts right now. >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." other people want to make friends, i'm just trying to make you money. call me. merger monday? at last, we have one and i say -- ♪ sure the averages didn't reflect this good news, dow

as a couple examples in herman and bow decker we have seen by the project sponsor zone 37 percent. in partner square, 39 percent of the available sunlight shadow. saint mary's 52 percent and 32 percent of union square is shadow. that's why i asked the partners to resolve their differences. i want to remind you colleagues for those who are not following land use. i think we came close to this matter. when discussions started about two weeks ago, the appellants in this case were at 350 feet, the project sponsor was at 480 feet, there was a gap about 130 feet that was attempted to be brinld. -- bridged. the two sides got close. the appellants were willing to consider a height that was 75 feet taller, the project sponsor was considering a height that was 35 feet shorter. they have come to 25 feet. we have decision in front of us on whether or not to cast the vote for the appeal. i plan to vote colleagues with the rest of thoun matter, but i want to state my vote is for the mexican museum. for an institution, i think all of us want to see built and all of us want to see done. but let me

in 1989, we had the earthquake that rendered the double decker freeway on safe. -- unsafe. >> in 1989, the ferry building was a symbol of the earthquake because the clock stopped and the flagpole on the top was tipped over at 10 degrees. this became a symbol of the earthquake. this is sort of the end product of finally taking care of all the damage that was brought by the earthquake. >> when the freeway was taken down, it provided this visual corridor and reconnected the city to the building and that opened up the dialogue. the original urban planning of san francisco, always wanted the ferry building to anchor bourbon st. it is amazing that the freeway up there has been changed around to see the visual connection, literally all the way up market street to the ferry building. it it feels like the heart of san francisco. >> what shop is this? >> a chocolate shop. this is one of our original farmers market food are lessons -- food artisans. he uses a lot of wonderful local ingredients, lavender, and also incredible lime that he then dips in key lime juice and then they are dried. then t

. >>> a double-decker bus accident in san francisco is raising concern about low hanging wires. five tourists were injured last friday when a tour bus hit a wire in the richmond district. the wire came down on passengers on the bus. one woman was taken to the hospital with life-threatening injuries and is now recovering. another bus hit a wire earlier in the day another passenger said. police say big buss are allowed on certain routes. 12th avenue is used when there is too much traffic on park studio. >>> police in morgan hill says a 16-year-old boy has been arrested in the rape of a 40- year-old woman. two other teenagers were also arrested for burglary. the 16-year-old suspect helped the victim get inside her house friday after she was dropped off by a taxi after a night of drinking. the teenager is accused of returning to the woman's home later that night and raping her. two other teenagers are accused of stealing from the victim. >>> well, executive chef joseph disimo died after being involved in a motorcycle accident. so far there are no other details about the crash. he jo

you got three deckers, double-deckers.ok at this right now. ♪ >> what do you wanna do? [ engine revving ] ♪ [ punching ] [ grunts ] >> ah! [ clanking ] ow! [ light laughter ] [ thud ] [ grunts ] [ struggling ] [ chuckles ] >> all right. all right. all right. all right, let me go. >> you let me go first. >> no, you let me go. >> on three. >> on three. one -- >> yeah. >> two. three. >> see? i may not be able to trust you. [ laughter ] [ cheers and applause ] >> jimmy: mark wahlberg, "2 guns," is in theaters on friday. poppy montgomery joins us next, everybody. [ cheers and applause ] ♪ my asthma's under control. i don't miss out... you sat out most of our game yesterday! asthma doesn't affect my job... you were out sick last week. my asthma doesn't bother my family... you coughed all through our date night! i hardly use my rescue inhaler at all. what did you say? how about - every day? coping with asthma isn't controlling it. test your level of control at asthma.com, then talk to your doctor. there may be more you could do f

joe decker was sweating bullets just showing it to us. gear in here, too? >> yeah, we have tools in here too, a flashlight. >> reporter: adding to the misery, air quality warnings along the east coast. officials warned people sensitive to ozone to spend less time outdoors. the dogs can suffer, too. in chicago, lake michigan is an irresistible draw. >> he usually doesn't like the beach, but with this hot weather, even he is going in the water. >> reporter: and emergency rooms in multiple cities, including st. barnabas in the bronx, doctors are seeing the compound effect of five days of 90-plus temperatures. more than half of the calls these paramedics get in the bronx are heat related. >> your body isn't used to the 100-degree weather. it comes out of nowhere and you just pass out. >> reporter: in alabama, a 1-year-old died after being left in the car by his mother. emergency responders couldn't save him. >> what's remarkable about this heat wave is how long it's lasting. for example, in new york city, you look at 150 summers, and we have only had a stretch

open top tour bus had a terrible accident were five tories were injured, one seriously when a double-decker tour bus drove into the waning telephone wire 12 avenue at erie and the richmond district. the bus driver had deviated from the doors normal route was traveling north on 12 avenue the bus struck the wire. the letter hit the windshield of the top of the level of the bus struck multiple passengers. as the line was pulled very tight. it was a horrifying example of injuries. five people were treated for injuries that included cuts and bruises and scratches. the forward end up being taken to general whose one person critically wounded with her face really really torn up. this is, by far, the most awful accident to occur involving these types of tour buses but it's not the first time they've caused problems in our neighborhoods. these buses are barely regulated with very few rules to guide them in the records for residence whose streets these buses use frequently. another part of the richmond conversation regarding private buses that park in front of a playground and preschools have been ve

one of them chose an everyday emblem of london, a double-decker bus, a number 30.he explosion ripped off the roof and blew apart passengers toward the back of the bus. 700 people were injured that day. these 52 pillars represent the 52 people killed. it was all the work of four people. four young men, all muslims, all british-born. for violent jihadism to emerge from among britain's muslims was not unexpected by close observers of that population. the 3 million-strong muslim community began immigrating in substantial numbers during the 1960s onward, mainly from south asia, but younger generations have been born in the uk, and many have become deeply disaffected amid the country's economic troubles. >> so youth unemployment is a significant issue. at the same time there's significant numbers of people going into higher education and into university, so what you then have are very highly skilled, highly trained young difficult to secure employment in the graduate jobs market, which again creates huge degree of frustration. >> mainstream muslim leaders say they fear t

police and firefighters using boats to rescue commuters from a ten-car double-decker train. apparently it started flooding. most of the passengers went up to the second deck. water reaching up to the lower windows as you can see there. this was month's worth of rain in just four hours, also leaving 300,000 people without power. amazingly nobody seriously injured. at the live desk, news 4. >>> a new twist for the captain of a cruise ship that ran aground in italy. why he'll have to keep waiting before he learns his fate. we'll go to the live desk coming up once again. >>> also ahead, his video protest raised eyebrows. now the man who pulled a gun on freedom plaza is talking to us about why he did it. >>> a beautiful start to your day and things are going to warm up in a hurry, though. what you can expect with your what you can expect with your weather and trthe thing is bee, i got my mom wrapped around my little finger. do you? yeah, i do. huh. i said i want honey nut cheerios uh huh. and she just totally caved. it's all about psychology buzz. psychology? as long as i don't t

we have kind of a double-decker of low pressure out there. the first one i want to talk about is going to keep us cool through sunday. that's the one off the california coastline. kind of meandering to our south giving us the southwest flow of air and that onshore flow will drop us to the upper 70s away from the water coming up on sunday. next week same flow of air different reason. big area of low pressure to our north and west will enhance the onshore flow and we'll be below normal for temperatures the next five days until next wednesday. so what to expect? that flow from the ocean staying strong. the chilliest day is going to be sunday. i don't think anybody even hits 80 degrees. we'll be below normal for each of the next five days. highs tomorrow below normal in livermore. only 83. san jose 76. 7 degrees below average. santa clara 75. los gatos 79. palo alto 70. we are look at low 80s for san ramon and pleasant hill. antioch 83. look at the city tomorrow, 61 and cloudy for much of the day. alameda only 65. sonoma 75. got the race up there

the double-decker busko was dodging heavy traffic friday afternoon by taking a secondary route on 12thand then stró four or five passengers on the upper deck. drove on 12th street earlier in the day with noñr problems and that something3w caused that w to drop. >>> an ongoing battle in san francisco may be headed for resolution. city officials have expressedt+ frustration at the traffic backup by buses hired by the silicon valley companies. nowt the mta haslpó[ laidp,ok for a 18 montht(çó trial policy. as well as charming a new fee for maintain being the stops. if the plan is approved it's next year. >>> this week a lot of bart rider also take a new ride into the future. they are hosting public tours of its new cars. the first overhaul in 40 years. a mock up was on display all c÷ week. the new trains will also have an extra door and wider aisles. more than 400 new car also arrive in 2015. and bart hopes that's just the the ultimate goal is to buy >>> well, another swing+ in th weather for us. it went from warm to weird. >>> that's exactly right. i guess that's where i pick up. this

the double-decker open air tour bus went off route when the wire hit the windshield of the top level of the bus, then struck several passengers on the upper deck. the bus which is owned by big bus tours of san francisco, said the vehicle was on a secondary route that is checked frequently for safety reasons. so far, the company is cooperating with the >> taking a look at wall street this morning. futures trading shows all three indexes in the positive. the week began with second- quarter earnings for mcdonalds falling short of wall street's expectations. here's a look at yesterday's closing numbers. the dow added two points. the nasdaq gained 12 points. and the s-and-p - rose three points. apple's latest earnings report is due out today after the stock market closes. >> as apple desperately needs to roll out an innovative new product. the stock has gone from 700 a share. down to 375. and now sits at 426. most analysts are expected a 21% drop in earnings.if analysts projects pan out,this would be the second consecutive quarter of decline. >> we will take a quick break. the time is 6:1

we have a double-decker low- pressure deal going on. the first one to the south which will enhance the onshore flow and keep you cool this weekend. that was out and another low pressure front moves in. oakland tomorrow, only 66 with afternoon sunshine. and san jose, 76 degrees. livermore you will hit 83, downtown san francisco 81. even cooler on sunday, and not next thursday will we be back above normal. the cool trends and cloudy transfer the next several days. >> not cold but chilly. >> well, why harvard scientists say drinking coffee could be a life or death habit. >> kids, go to the other room. but kids i will tell you where to find the best deal for back- to-school bargains. announcer: announcer: through sunday at sleep train, save hundreds on beautyrest and posturepedic. choose $300 in free gifts with tempur-pedic. even choose 48 months interest-free financing on the new tempur-choice. the triple choice sale ends sunday at sleep train. (sir can-a-lot) good day, ma' lady. i am sir can-a-lot, here to save you from another breakfast

. >>> a double-decker bus accident in san francisco causing some concerns about low- hanging wires.five tourists were hurt last friday when a tour bus hit a loose wire on 12th avenue. the wire came down on the passengers on the bus. one woman was taken to the hospital with life-threatening injuries but she's recover. the driver stopped at a station down the block to get help. >> the double-decker buses that exceed certain height are restricted to routes. this happened to be the exception. >> the general manager for the tour bus was the driver was drug tested. i also says the route is used to avoid heavy traffic on other streets. at this point, still not clear who owns the fire that came down. >>> benicia police are asking for the public's help to find who injured a teenagerrer on a back last tuesday night on sheryl drive. the teen suffered serious injuries when he was thrown from the back. anyone who witnessed the accident is asked to call benicia police. >>> berkeley is offering a $15,000 reward in the driver responsible for a deadly hit- and-run accident. 46-year-old john patrick

but now under investigation after a double decker bus struck a wire on san francisco's richmond district. injurying five passengers. >> yeah, tragic. >> the accident happened out mark westcot's home. he says he tried to warn the bus company after another big bus struck and loosened the wire. >> i said hey, one of your buses just clipped a wire. it's probably a safety hazard. >> reporter: police say the passengers on the rear of the deck were worried about the wire moments before impact. sources tell us a woman nearly had her nose torn off. police say she has since approved, ability the other passengers are expected to recover. the driver stopped outside a fire station to summon help. >> restricted to certain routes that are safe to operate in, and this happened to be the exception. >> reporter: the general manager for big bus says the driver was drug tested, and says the route, heavily lined with wires is to avoid the presidio. pg and e xfinity sent crews out to check on the torn cables to say the lines are not dangerous. >>> there is a new development tonight in connection with a deadly

a double decker bus accident is raising concerns about low hanging wires in san francisco. five tourists were injured last friday when a tour bus hit a loose wire on 12th avenue in the richmond district. the wire came down on passengers on the bus. one woman was taken to the hospital with life-threatening injuries. she is now recovering. a neighbor says he warned the bus company responsible after seeing another bus hit the wire earlier in the day. >>> time now, 5:34. police are asking for help to find a hit-and-run driver who hit a teenager on a bike at 7:00 last tuesday night on west 7th street near cheryl drive. the teenager suffered injuries injuries when he was thrown from his bike. anyone who witness the accident is asked to call have a knee that police. >>> the city of berkeley is offering a $15,000 reward for information on a deadly hit-and- run accident involving a pedestrian. anyone with information is asked to call berkeley police. >>> time now is 5:35. we have new pictures from inside the asiana airlines plane that crashed at sfo killing three people. these photo

but now under investigation after a double decker bus struck a wire on san francisco's richmond district. injurying five passengers. >> yeah, tragic. >> the accident happened out mark westcot's home. he says he tried to warn the bus company after another big bus struck and loosened the wire. >> i said hey, one of your buses just clipped a wire. it's probably a safety hazard. >> reporter: police say the passengers on the rear of the deck were worried about the wire moments before impact. sources tell us a woman nearly had her nose torn off. police say she has since approved, ability the other passengers are expected to recover. the driver stopped outside a fire station to summon help. >> restricted to certain routes that are safe to operate in, and this happened to be the exception. >> reporter: the general manager for big bus says the driver was drug tested, and says the route, heavily lined with wires is to avoid the presidio. pg and e xfinity sent crews out to check on the torn cables to say the lines are not dangerous. >>> there is a new development tonight in connection with a deadly

the double decker bus hit a hanging low wire friday. the wire snapped down on the passengers, injuring the 67- year-old woman and four other passengers. the bus was taking a detour on 12th avenue in the richmont district at the time. police say the buses can go that way when there is no much traffic on park practice sid yan. it is not sure who is response for the low hanging wire. >>> major league baseball suspended baseball superstar ryan braun for the rest of is season. it is said he violated drug policy violations. he is now the first big league baseball player tied to that clinic to get a suspension. >>> and we are getting closer to 7:00. let's go back over to sal for a check on traffic. >>> good morning. now traffic is moving along relatively well along the bay area. at the tole plaza it is backed follow up -- toll plaza it is backed up for a 15 to 20 minute delay which is normal. southbound 80 is slow and the san mateo bridge slow heading out to the peninsula. steve? >>> low clouds and fog, even high to mid level clouds. the cloud

gregory decker, as vp financial group, ceo and president joining me now in a fox business exclusive fromntain view, california. it's terrific to have you. let's explain. you have been a lender to but the venture capitalists who finance the seed money to these start-ups, but also directly to the company's. >> yes. first of all, thank you for having me. first of all, we are a commercial bank. we work with innovative companies so that the companies all the way until they become large public companies. we have about 50% market share of all the companies in the united states and increasingly global that are backed by venture capitalists compose the bank about two-thirds of the venture-capital firms in the u.s. this is a market we erin, commercial banking, provide lending services to help these companies grow liz: bless your a publicly traded company and up more than 50 percent over the past year. the s&p is up about 20. so you are outpacing nap. this is a way for investors to listen to your story exclusively and decide if this is a stock-picking give me involved. how do you decide if a compan

>> deckers. >> guy? >> bwa, all time high. i think it's headed towards triple digits. >> i'm melissa lee. for more "f" "mad money" with jim cramer starts right now. >> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." other people want to make friends, i'm just trying to make you money. call me. merger monday? at last, we have one and i say -- ♪ sure the averages didn't reflect this good news, dow seeking -- nasdaq climbed .39%, but if it is finally the beginning of a wave of deals. that can be great for everybody and not just the companies involved in the takeovers. that's right. the huge deals announced today, publicists and on the merging for the world's largest advertising agency to lawrence tax bill and hutches bay picking up saks to tack the u.s. luxury market. that will create a positive background that could fuel the next leg of a market

. >> decker's outdoor. >> tesla, mentioned it before tesla. >> karen? >> citigroup. if you don't own any, you can own a little bit right here and wait for a pull back. >> dan nathan? >> i like call spreads here in august, i like call flies. >> i'm melissa lee, thanks for watching. see you tomorrow for more "fast money." meantime "mad money" with the one and only jim cramer starts right now. >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i just want more days like this, my job is not just to entertain you, but to educate you and teach you so call me at 800-743-cnbc. they are just too darn negative! >> boo! >> that's the only judgment you can make about the

so in the actual plane because it's a double-decker. there's a lot of speculation about that. the investigation will show as the ntsb has said he only had 43 hours in that particular plane but 10,000 hours in similar large jumbo jets. >> there were three other pilots in the cockpit at the time, correct? weren't they overseeing him? didn't one of them realize this wasn't correct? >> reporter: you got to wonder if that's what the ntsb will be querying. they have so much to go over, so much information because in so many aviation disasters you don't have surviving pilots or surviving passengers or witnesses, people on the ground taking videos. they have a ton of information they have to sift through which means they will get some good information and good answers out of this crash landing. but we don't know yet what went on in that cockpit. all we do know for sure is nobody sounded any alarm until about seven seconds before the crash landing and no alarms going off in the cockpit until four seconds beforehand. so it was far too late by then. >> absolutely. all right. thanks so mu

decker's outdoor missing second quarter. as demand for ugg andt teva brands fell. has been whipsawed in the past about higher costs, particularly when it comes to sheep skin. we had an analyst this morning credit suisse cut this stock. but jany is saying that in the third quarter, second half of the year, sheep skin costs will come down. in 2014, the ugg pure line will help cut costs. i asked myself, what is a pure line? what the heck is that? apparently pure is a wool pile process that replicates the feel of the fur part of the face of sheep skin. >> the face of sheep skin. so they are going to be able to manage their costs better. >> and i do think it's important to note the company says this is typically their smallest quarter. this is important for uggs. this is going to be a back half of the year story. by the way, the way the stock is performing -- >> back to school. that's what you're going to get herb for christmas. >> i have ugg slippers. >> no comment. >> i'm just mentioning. >> let's get to weyerheuser. >> a timber company, all about timber. they own or

. >> deckers. >> this is the maker of uggs, teva, the two biggest brands. 84% of revenue, so this is a case where weather actually does really, really matter. we talk about that a lot in retail but you don't really buy uggs in the summer. >> can you imagine if they had sheepskin flip-flop thingies? >> no, i can't. i can't imagine the sweat. ew. we have to really look for those winter quarters. >> that's the earnings squad for today. tweet us hash tag earnings squad. >>> next up, homebuilders getting crushed today, but can we really blame higher mortgage rates? later on, consumer reports gives the new chevy impala rave reviews, but there's one thing about it that just really bugs me. we'll talk about that. first let's get a quick check of the metals market, see how gold is doing. listen up if you're on the radio. gold is up $7, about one-half of 1%. great song we're playing, by the way, by the band elephant. ♪ [ kitt ] you know what's impressive? a talking car. but i'll tell you what impresses me. a

people on top of the double-decker buses going around town, 124 degrees in the blazing sun. >> it's hot out there, indeed. chad, what's causing this heat wave? >> big bubble of high pressure that won't leave. finally a cold front comes through on saturday, wolf, but it's going to be until then before we get any relief. it feels like 100 degrees in atlantic city now. 98 in new york. 99 in fredericksburg. upstand, this is a 1:00 temperature. we have three more hours of heat to go before this finally cools down whatsoever. the much-above normal temperatures across the east coast. way below normal, a lot of rain across west texas. they'll take it because it's been a drought out there. and that's where the change is taking place. big changes. you have to wait this out. the problem, one of the problems, it didn't get down below 80 in new york city. that was the low temperature of the day. so, tomorrow we go to 98. friday, 9. boom, cold front 80s. boston, 70s by next week. take some patience, it's coming but it's a long 72 hours before that cold front gets there. >> 80s and 70s sounding good n

one double-decker commuter train stalled in the flood, trapping about 1,400 passengers during the eveningh hour. in arizona, thousands of people gathered in prescott valley to honor the 19 firefighters who were overrun and killed by a wildfire last month. photographs of the elite firefighting crew were on display in a packed arena. firefighters from across the country looked on as vice president joe biden praised the victims as men of "uncommon valor." >> i believe they animate our national identity, and i believe america will continue to be defined by the example of the 19. 19 ordinary men who did extraordinary things. >> sreenivasan: the yarnell hill fire is now 90% contained, and evacuation orders have been lifted. there's new talk that president obama might pull all american troops out of afghanistan by the end of 2014 instead of leaving a small security force. the "new york times" reported today the president is increasingly frustrated in his attempts to deal with afghan president hamid karzai. a white house spokesman said the "zero option" is on the table, but no decision is imminen

stanley, black & decker, another historic high, the home improvement market strong, and finally we want to look at for the week, how we're doing. just about an hour ago, we were negative for the week. now the dow is flat. transports have suffered because railroads have had a tough time. u.p.s. had a tough time this week. the s&p down fractionally. there you see the nasdaq, as we had it turn around in the tech earnings, including qualcomm, positive, 0.6%. there's the winner, nasdaq. maria, have a good weekend. >> and to you, bob. have a great one. we'll see you later. joining me now to talk about wall street's recovery today, stephanie link from the street. steve sacks and quentin, and rob morgan. good to see everybody. thank you very much for joining us. so, stephanie, what's going on with this market? we're halfway through the earnings season. the earnings feel like they were better than expected. but revenue stinks. and yet another big recovery. >> yeah, so i think that actually, it's true, that revenues have been unimpressive so far. but if you look at pockets in the sectors in the m

. >> simon, we're watching deckers here, still well in the green.sts at pirp jaffrey take this one to overweight. the price target $68. they say the company should benefit from stronger orders of its ugg shoes and higher marginsch the analysts say their survey indicate that upper income teenage girls now favor ugg shoes more favorably this year than last year. up 40%. >> sue, back to you. i think that means i have to buy the kids new once. thanks very much. chocolate. who doesn't love chocolate? well, demand is apparently heating up. what's driving it and what it means for cocoa prices and the marijuana mom is back in court and andrea day is live with her in brooklyn, new york. we caught up with andrea sanderlin on her way into the courtroom today. all those details coming up on "power lunch." ♪ ♪ unh ♪ ♪ hey! ♪ ♪ let's go! ♪ [ male announcer ] you can choose to blend in. ♪ ♪ yeah! yeah! yeah! or you can choose to blend out. ♪ oh, yeah-eah! ♪ the all-new 2014 lexus is. it's your move. a talking car. but i'll tell you what impresses me. a talking tra

black & decker had good numbers. the do-it-yourself segment is strong. a sign that housing and the home improvement market is strong. here we are, folks, in terms of earnings. we're halfway through. the important thing is, we're looking okay for the third quarter. 5.1% rise in earnings expectations for the third quarter. only at 6% going into it. they're not dropping it much. companies are basically promising things will get better. who knows whether that will happen? here we are on the week so far, still on the downside. i do want to note transportation stocks really hurt here. most of the week we've had a lot of the railroads to the weak side. bill and maria, back to you. >> all right, bob, thank you very much. >>> we're in this last hour of trading for the week. markets coming off the morning low, down just 37 on the dow right now. our "closing bell exchange" welcoming jerry from oppenheimer and rich peterson from s s&p capital, and enjoying the lovely day. jerry, we've noticed -- >> beautiful. >> isn't this great? good for you guys. we've noticed in

a crash between a double-decker bus and a tractor trailer has killed 19 people. believed the driver of the 18-wheeler lost control and went over the highway median -- hitting the bus head-on. [ male announcer ] with at&t, you're sure to get a better bundle. just choose the 2, 3, even 4 services you want to build the bundle that works for you. [ female announcer ] call at&t now! choose a u-verse triple play bundle for just $79 a month, our new low price. and get the same great price for 2 years. plus, switch today and get a $150 promotion card. [ male announcer ] with u-verse high speed internet connect all your wi-fi-enabled devices to your wireless gateway and save on smartphone and tablet data usage at home. with u-verse tv, you can record up to four shows at once with a total home dvr and play them back in any room. [ female announcer ] so call now. for a limited time, choose a u-verse triple play bundle for just $79 a month. get the same great price for 2 years and a total home dvr included for life. plus, switch today and get a $150 promotion card. but hurry

we told out of tjx, and we sold out of stanley black and decker and we although are looking on the bad days and today there are ugly performers, where sticking with the themes we like like aero space and auto and when those stocks come down those are the ones we're gravitating towards and still like technology looking at name that is come down like ebay and we like the consumer, especially into back to l skoo like joe mentioned, so we're buying yum and we still like gap. >> looking to rotate a little bit, right? you're not looking to get in lower at the stocks you took profits on, you're looking to rotate that money into other better places in the market. >> earnings season, this is when you learn a lot, and so we heard from honey well things are good and margins are sustainable and can go higher and we're going to hear a lot this week, too, something like eaton corp on friday when they report, a great story, cooper transformation and really going to happen and if that stock were to weaken, i want to have a lot of cash so i can redeploy the profits i took into some of the names where i

the double-decker open air tour bus went off route when the wire hit the windshield of the top level of the bus, then struck several passengers on the upper deck. the bus which is owned by big bus tours of san francisco, said the vehicle was on a secondary route that is checked frequently for safety reasons. so far, the company is cooperating with the investigation. apple's latest earnings report is due out today after the stock market closes. as apple desperately needs to roll out an innovative new product. the stock has gone from 700 a share. down to 375. and now sits at 426. most analysts are expected a 21% drop in earnings.if analysts projects pan out,this would be the second consecutive quarter of >>mark:netflix is reporting second-quarter earnings that more than *quadrupled as the revival of the comedy series "arrested development" attracted more subscribers. the report released [ mom ] why do i do my back to school shopping at jcpenney? well, it's the only place i can get my kids arizona jeans, which means they can find the perfect pair that fits great, and it's affordable. oh

joining us now, mario decker, ceo of bayer. nice to see you again.e environment as we said, though, becoming a little more challenging? what is going on? >> well, as you can see in our earnings release, we have in our life sciences business still continue very good performance also in the second quarter, in health care, the pharma, new products very good introductions, and better than expected sales, also, signs continue to have great momentum in the second quarter. material side was somewhat disappointing. the demand for our products, our polymers is lower than we expected in comparison to where we thought we would be at the beginning of the year. particularly in china, the market is somewhat weaker than expected. and when you take this all into account, we're able to maintain our guidance for the year, but as we said, it is increasingly ambitious due to the uncertainties in the material science area. >> what is happening on sort of input costs there? and if you got great competition, is there a price -- are you getting higher costs and lower prices

today, look for numbers from lear, rubbermaid, stanley, black & decker, transcanada and tyco. >>> u.soment, they're just trading below fair value. actually got a little weaker as we have gone through the session. joining us from chicago mercantile exchange, alan nutman. how do you think we'll finish the week? >> good morning. i'm keeping an eye on the s&p futures, that was a pivot point, a high back in may. that was a high last week that we broke through. that's an important kind of support point on a weekly basis. we're pivoting around that right now. it will be interesting to see how we finish the we can. i'm looki ining at this as a lo profit taking. you're seeing a pause in the market right now. i'm looking for it to go much, much higher. >> nearly half of the s&p reported. but lower than average having better than expected revenue. >> right. the revenue has always been the question the last few quarters. we go through the process where they lower earnings estimates and then we overachieve because they have such a low bar, so that's been the pattern, if you look at it as a whole,

site. 174 degrees above the grill in a korean barbeque food truck, 124 degrees on top of a double deckeris bigger in her home state. >> it's 85 in dallas. >> in the northeast the high temperatures and humidity have pushed the heat index so it feels more like 110. connecticut set up cooling centers. >> it's around 100 degrees, what can be nicer than being in the nice cool room here. >> utilities officials say new yorkers are seeking the cool so much they may set a new record for electricity usage. some baltimore residents discovered what happens when the heat knocks the power out. >> i just suffered it out. >> in iowa, francine was glad to see a repairman when her air conditioner went out just as she needed it most. >> i cranked open the window and i could see the line was all frosted up. >> it's summer in washington. construction workers labor, tourists crowd the national mall, the sentinels guarded tomb of the unknown. their call of duty doesn't melt away in the heat. >> it turns out it is too hot to do some things. i talked to a roofing company who said they kept their crews home becau