of dow chemical the maker of the past aside here with the president caught at the decision a company saying it is confident in the health and safety of its product. these . companies are criminal enterprises and the only way they can get away with what they're developing is by corrupting our political process. in addition to the importance of protecting our communities that live in these environments everyday it's hypocritical can bring apples or any kind of fruit or any food from the mainland because of agriculture restrictions yet chemical corporations can experiment with genetically modified crops with pesticides that are bad throughout europe when you're looking at how we market our environment to millions and millions of people around the world and they have no idea that when they come here they may actually be being exposed to pesticides that are known to be toxic so why are we protecting a $200000000.00 a year industry for of experimental agriculture instead of a $15000000000.00 tourism industry i would say 40 close to 45 percent of our economic engine is sent to the roman tou

i think dow chemical belongs in this category.hey're just starting to tread water in some of the cycles are starting to turn it's not perfect i no longer think the tide can keep holding down this bountiful stock, 5.7% yield in stock if you're looking for income, you can now feel more confident that dow chemical stock can hang in there, even in a more difficult global economy finally, who seems sadly at the mercy of the moment? oh, my i say ford motors is really truly struggling like the little dutch boy with the finger in the dike they're in bad shape even worse, even worse than ford you have 3m. so many of its end markets seem way too soft i think china has become a real headwind for them after being a tailwind for ages. the bottom line, when you're looking at stocks this earnings season, these are the buckets you need to be sorting the doubt into who is do so well that they don't know the environment who is thriving in spite of the environment? who is treading water and who is getting steamrolled? when you divvy the corporate wo

want nothing to do with the oil industry i thought it would stop at 40 is bounce then there's dow chemicalght the stock would bottom when its yield hit 5%. the company has strong cash flow dow's also a cyclical company that makes plastics. a lot of millennials feel like plastics are the new coal. you aren't sustainable anywhere except they think a landfill now i know the ceos and i know he's trying to change dow chemicals stripes. he's been at the forefront of trying to clean up plastics. no wonder that dividend now yields north of 6.4% no protection. we're seeing something similar from carnival, the huge cruise line last night i got a question about carnival which had a widely panned conference call because the company is adding new capacity at a time when demand for cruises is being scaled back, especially in europe carniv carnival's always had a generous yield. question whether they'd be able to keep paying the dividend with all these major capacity dishes. they assured it will be fine it hasn't helped the stock finally the master limited partnership pipeline companies that transport oi

first, there's dow chemical. terrific barometer of the broader economy. basic building box chemicals are finally bottoming in price these chemicals are as cyclical you can get, great tell of the economy and future and pure supply and demand. if they're bottoming, that's a very good sign secondly, i like the way the more cyclical stocks with higher yields are trading and that includes dow i follow a host of stocks that are doing better before nonyielding stocks were thriving but now caterpillar, how about that one, disappointing quarter but stock is yielding. they said the dividend would be cut but they're buying back stock. same for tankry outlet center. pangers numbers have been horrendous a lot of people worried the dividend may not be safe but the stock is rallying here i think the marriaket has a lite more faith than a few weeks ago. a lot of investors lost their faith in coal, which is how it ended up with 5% yield to begin with same thing for macy's 10% kwleeld. but it's heartening to see the rally in stocks like khol's. and suddenly wall street car

will give you a gift the high yielding stock with a decent growth rate right now you get at&t and dow chemicald a 5.5% yield and dow pays 5.6%. admittingly the yields were more enticing two weeks before the stock starts climbing but still in the sweet spot between 5% and 6% and that is where you kn-- where you know the yield is generous above 6% you worry whether they could maintain the payout. they are worried about the fundamentals and believe the dividend may not be cut. i don't know they're good at 6% i'm not. that is why i always warn you not to reach for yield never try to get a few extra pennies in dividend in the underlying business is doomed. four days ago i was worried at&t and dow might fall into to risky and last week i interviewed the ceo of dell and pricing for key chemicals is bottoming or turning higher and the free cash flow is better than i imagined and the depreciation and amortization at $77 per share. last year i had the privilege of interviewing paul singer the head of elliott management and that is an activist hedge fund with an incredible track record. not that long ago

. >>> shares of dow, dow chemical rally. the company posted lower profits and sales. t it delivered an earnings beat, i think more important you talk about dow as perhaps a play on business bottoming and doing better if 2020 -- in 2020. jim is with us do you like my concept this is going up, business bottomed and going forward, we will start to see some earnings momentum >> good morning, jim, thanks for having me. i do think we've seen pmi slow down for the last four consecutive quarters and we saw, obviously, a step down in the oil pricing about this time last year and since then, things have moved down, invent errors are down you've seen some soft the backlog in the industrial sector now. i think we are poised any pull, any kind of a tail wind with all means that we will get a little bit of earnings momentum and margins improvement and tightening of the supply/demand balances. >> what do you think of what you guys are doing in terms of product lines? people say what does it matter but outlook for ethylene, you're then they and outlook for sill -- urethane and outlook

dow chemical, for example, moved aggressively today you saw that up 2% that's a typical example energya dollar today that's a 2% move for oil chevron up 1.3% exxon also on the upside i mentioned these deep industrial names what declined, of course, the more defensive names that we saw like con ed. there's the "closing bell" the dow jones industrials average closing off of the bells but still up nicely, 130 points. >>> welcome to the close bell everyone i'm wilfred frost. >> i'm courtney regan. along with mike santoli. we are in the market zone. you can see the day's market action on the right side of your screen stories still coming up on the bottom of your screen. >> let's check in how we finished the dow was higher bio.6%. off the highs of the day but nonetheless still a positive session. only one sector was lower, utilities, inflation trade play. financials and materials led the charge worth pointing out week to de we're still lower and week to date every sector is lower last couple of days were kind of broad rally in perspective >> some ground to make up. joining us to talk about t

decisions to deregulate dow chemicals pesticides.saw someone in charge of chemical policy at the epa, and you can bet she's carrying forward the agenda of the industry. it is true in florida on chemicals, a uniquely vulnerable state for climate catastrophe. but it is not just people in florida who depend on clean water and clean air and not suffering through climate catastrophes. every person on this planet is being let down by this administration. host: the report is available at citizen.org. robert weissman is president of public citizen. thanks for being with us. coming up next, we take more of your phone calls and go back to our conversation about the president's request urging china to investigate joe biden and hunter biden. later on, national journal's josh kraushaar will join us to talk about the politics surrounding the impeachment inquiry and what may be ahead for those candidates in 2020. ♪ at 2:30 pmt stern, the author of "kissinger on kissinger, on president nixon's relationship with henry kissinger. >> nixon had read hen

dow of course the chemical giant, 5.5%. caterpillar better by nearly 6%. 3m up 4.33%. >>> we start with deirdre bolton live outside at the white house. what are you seeing and hearing that indicates that maybe it might be different this time? reporter: it might be different this time because this morning when we were at the meetings at the u.s. trade representative's building, you did see smiles, you saw waves so if you like a more positive tone, a sunnier tone than what we have seen in the past, also let's not forget this is the first time since july that the chinese vice premier liu he has actually been in the room with u.s. trade representative robert lighthizer, u.s. trade secretary steve mnuchin and now as you have been covering, liz, 30 minutes ago, the delegation, chinese delegation along with of course, our leaders, meeting here at the white house right behind me here. they arrived about 30 minutes ago and this idea of a potential trade functions around these two components. agricultural concsions, you highlighted a

dow posted better than e eects results as it cut plans for chemicals used inlasticicand other products>> inventories are down. you have seen the backlog in the industrial sector down. i think we are poised now where any pull on the industrial sector, a a kind of a tail wind at all means we'll get a little bit of earningsomentutu and margin improvement and tightening of the supply/demand balances. >> do you rose. >>> candy bars and other chocolates help cover rising costf ingredients in shipping and led to hershey's rise. but they had a drop in sales and hershey dropped more than 2% to 146.37. >>> coming up, for all of those who sayhe department store is dead, well, don't tell that to nordstrom. >>> cvs is pulli all 22 ounce containers of baby powder off its shelf and removing it from its website. j and j, whied a recall in an abundance of cautiononnd after a te that showed the presence of asbestos. j and j fell further this ternoon when that announcement was made. >>> when you think of retail you probably think of online retailers and boutiques and nordstrom is betting a ven-story depa

dow component 3m. it's lowered its forecast as well. down she goes, 2%. better profits at the chemical company, dow.up 5%. i'm telling you, some big moves this morning. >>> joining us now, michelle mckinnon, susan li, deirdre bolton all with us today. start with twitter. that's a big drop. ad growth slowed. okay. michelle, straight off the top, would you buy twitter at $31 a share? >> i feel a little biased because i do love the twitter stock. i do love the twitter app. i feel like we are all on twitter all the time. i personally love twitter. however, as an investor, it's expensive. trading at 35 times forward earnings and unfortunately, these tech companies live and die by growth. so i don't know. stuart: well, look, if you can't monetize your growth in average daily users, that's a problem. susan: daily actives, the number of people who go on twitter every day went up to 145 million in the recent quarter. that's a gain of six million. which is positive, right? in the social media field. however, they are not gaining as much money per user. in fact, revenue went up the slowest in two years because

also failed dow said in a statement that the french courts would not find the judgments and forcible either where stewart smith again says it's time for the companies to pay up. the chemical ringback causes to realty in men you know the words they're on able to have children it affects the sperm atos it in men to where they cannot fertilize a female and it also increases cancer rates among women and men felt that these victims had not been compensated and they were really significantly hurt by this and we took up the case and are we going to collect these judgments or or settle these cases one way or the other the company's going to have to pay its people. that's our global news update for this hour but don't forget you can always had to our website r.t. dot com for the details on all the stories and many more. her . her her. her. i. guess manufacture consent to stick it to the public well. when the ruling classes and protect themselves. with the famous merry go round be the one percent. with no middle of the room sick. the real new. drug going to follow and then comes out of a war. of the sort of one among what i would. a far left from 80. not the high i myself and i mea

also failed dow said in a statement that the french courts would not find the nicaraguan judgments enforceable either lawyer stuart smith again says it's time for the companies to pay up. chemical ringback causes to realty in men you know the words they're on able to have children it affects the sperm atos it in men to where they cannot fertilize a female and it also increases cancer rates among women and men felt that these victims had not been compensated and they were really significantly hurt by this and we took up the case and are we going to collect these judgments or or settle these cases one way or the other the company is going to have to pay its people and he went on see we love to hear your thoughts on all of our stories so do get in touch my following us on social media and you can call your comments that will be back at the top of the hour with the latest headlines john is that if you can. the world is driven by dreamers shaped past and person. who dares thinks. we dare to ask. rather than to follow and that comes out of the cold war we want to set up our one among one of our them. a fondness for the main t.v. way to hide not the high i might have. thought the salo

the company won a chemical engineering contract and the baltic sea worth about 12 billion euros. dowmpany did sign a report with a russian natural gas processor. that's one of the reasons we are seeing a big uplift. also hsbc came out and raised its record -- canned out and hsbc came out and raised its recommendation on it from hold to buy. the stock is up now 8.4% if we look at it on a one-year basis, but actually 5.5% up today. that is the position we find ourselves in. just to get a glimpse of this and the other stocks of interest, it is a must go if you are a bloomberg terminal user. just topping the chart, china national michael engineering company -- topping the chart, china national chemical engineering company. 861 percent higher volumes taking place for the company and stockst actively traded on its index. off forwards 90-minute lunch break in a very short while. pretty much reflecting price action across the board. this is bloomberg. ♪ >> in singapore, what a lovely day at a moment for the singapore index up .25 percent. seeing broad-based advantage -- advances in asia-paci

the big 6 are the 6 agra chemical companies that control upwards of 75 percent of the global has to sign trade and the big 6 names are monsanto dowbear syngenta. m.b.a.'s and the 6 global corporations really controlled in terms of food in farming. bucky that. you know they need to leave you know. your feet don't have to be. wanted ok bye. well moron if women i guess would not go many of them we fall but it gets a little offensive emails etc how did he come from. sunny in south moonshot just emphasize oh not that i had an example but get a little put to me that can leave out the more they were asked what it was was he put them up and made a movie a card but i doubt that i was out the side of this. you know much by my own. he was for 9 june funny he's cheating now. where the real who uses the. good with good luck in the beautiful how are you out of the building this i'm a metaphor for your cover well not revokable i'm the one for his mom worked her whole life in the fields and so before the pregnancy she was working in the fields and for the 1st few months. in marrying her the travel he had. to see a bill she said but. so he's been