dr. horton is a historian. dr. horton actually note that in the case of emmett till's murder -- >> [inaudible] >> yes. he wants to understand what could be the case to create this race where a child could be murdered. he is trying to figure it out. he says when emmett till was killed -- she thought the northerners were protected. she thought they had a different experience. if this could happen to a child from the north, it could happen to anyone of us. it is knocks down all the excitement that was had. remember when we did an exercise and we talk about the trauma? i forgot the exact number. we did like, more than two-week. the elation for many people to say the federal government is on the case and we are going to fight this and we note he segregation efforts are not just about sitting around and holding hands, but rather it is about trying to get full access for the rights to become -- access to citizenship. when this case happens, he is really excited. if this young child could be killed in this kind of way and t

dr horton's quarterly profit nearly doubled as they saw orders rise more than 20% and revenue up was double digits. >>> and the start of trading today in the biggest bio tech public offering in memorable history. they have a market cap of more than $2.5 million. the more than million public shares were $25 a piece. they closed with an increase of 38%. >> home prices continues to rise in may, the s&p case shieler home price index rose nearly 5% from a year ago, but they went on to say that the rate is more likely to slow now than to accelerate. >> in the meantime the share of americans that own their homes fell to a 48 year low in the second quarter. it extends a multiyear decline, and it is a trend that could continue. >> not since 1967 when neighbors looked like this and backyard barbecues looked like this did such a small share of americans own their own home. the u.s. home ownership rate fell to just 63.4% in the second quarter of this year. down from a peak of 69% in 201404. that was at the height of the housing boom when anyone could get a loan. >> household formation is rising.

i look at the revenues for dr horton. smooth increase every year.the home builders have been doing. it's been another great year. on the earnings front here cummins great numbers. tremendous demand in north america. and brazil is weak. everybody is talking about the weakness in brazil. pacca, gave fairly good commentary going forward. and textron, revenues down because of bell helicopters but by and large big industrial companies all with good numbers. masco, cabinets up 6% and plumbing up 7%. those are good numbers. and the biggest biotech ipo ever is happening today on the nasdaq. this is a cancer immu know therapy. it's a 2 .-- $2.6 billion market cap. this is run by the richest man, supposedly, in los angeles. big backer of biotech. the only problem, very small float. 2 $0000 -- $200 million. >> thank you. yesterday that huge deal. a big surprise in many ways. allergan selling the generics business or agreeing to teva to about a price about over $40 billion in cash and stock. it takes them out of the run for myelin myelin. and they say good ridd

dr. horton is a historian. they came together through the struggles and dr. horton notes that in the case of emmett till's murder -- >> he highlighted -- to not only devote his life to being an academic but further himself to the cause and the movement? prof. frazier: specifically he talked about trying to understand what could be the case to create this space where a child could be murdered in this way. he is trying to figure it out. he says let me try to get this. ladner says that when emmett till was killed something rattled in her. seat about the north had a different experience and admit for her if this can happen to a child for the north it can happen to anyone of us. lewis says it just kind of knockdown all the excitement i had from the brown decision which was 1954. and it just happened. we talked about the trauma of the year 1892. 296 when lynchings. the elation of saying for many people to say the federal government is on the case and we are going to fight this and we know that desegregation efforts are not just about let's getting everyone in the u.

and then dr horton kitchen cabinet and bathroom fixture company, they posted excellent results. we know that transports have been hideous of late. despite the decline of oil. see, i had to figure things would only get worse when we got the reportings from norfolk southern and they were no-brainers for the short sellers. but u.p.s. reports an actual legitimate upside surprise with tremendous commentary even about europe. the stock is up 5%. and it wasn't even more terrible than union pacific. another short squeeze, norfolk southern jumped. last week, carolyn boroden, she made a bold call saying if exxon could hold at $80 it could be a springboard for a huge move. sure enough after pulling back below $80 exxon then managed to retake the threshold this morning. next thing you know it's up three bucks and change or 4%. that's a huge move. exxon is a $344 billion oil colossal. now for days i have been telling you to watch the gold copper and oil producer for signs of life. an important proxy for china, but it's acting like a goner. freeport, it looked like it would be another downer

dr. radley horton joins us from columbia university. welcome. >> thank you. it's good to be here. >> what's the difference between a tornado and a cyclone? >> a tornado and a cyclone are both spinning weather patterns. what's mostly different about them is their size. a tornado is a pretty small system. a tornado is often just a mile wide, sometimes smaller, but even though they're small, they're very, very dangerous because their winds are so strong. in contrast, a cyclone is basically the low-pressure system that you see when you look at a weather map. it's that big "l" on the map. a lot of times they're a couple hundred miles wide, and the winds are generally not as strong. generally, they're not as dangerous as tornados, which of course, you need to take very seriously. >> can a tornado really lift a house up like you see in the movie "the wizard of oz"? >> well, definitely don't believe everything that you see in a movie, that's for sure, but being serious for a second tornados are extremely dangerous, right? we know that these winds are powerful enough

dr horton gaining ground.an expected earnings and rising orders across the country in the south and midwest. >>> we are heading to the close. we are in the last half hour of the trading. that critical time as we head toward the closing bell. tell me about the impact of the comeback in oil on the market today. judge, it was surprising and coincided with the market rally. you've seen huge gains with integrated oil. we are not sure there will be a sustained rally. can we sustain that? >> we heard that insider selling a lot of the oil companies dried up and sentiment was that bad. it would seem maybe this was right for a rally of some kind. >> that's the best time to trade. when sentiment is all one way. there is way more reward than risk out there. that's what we are seeing today. especially right now. >> what are you looking toward the close? we have twitter earnings tonight. >> twitter had a 4% gain last time i looked at it. people may be looking forward to facebook going forward. google had a huge move. people

look comparing year to date stocks of big builders like lennar, dr horton both up 16%, toll brothershose of reits like avalon bay up 5% equity residential up 3% and essex property trust up 8%. still good but not as strong. the growth in apartment construction though in the past three years has had investors nervous that the nation is on the verge of an oversupply of units which could lead to lower occupancy and lower rents. rents right now and occupancies are at current highs. multi-family construction was next to nothing during the new housing boom and there is the argument that these units are making up for pent-up demand. on the single family side home builders have been pretty much strong across the board but in quarterly reports out this week we saw some disappointment on new order side an that may be due to the jump in mortgage rates in may and still rising home prices on new and existing product. we've said over and over that home prices are rising faster than income growth. while employment is improving it is not exactly going gangbusters. tight supply on very low end of the

dr horton. he lost about $204,000. occidental petroleum. lost $121,000. and enbridge inc. $82,000 loss. overall they said that he made $27 million selling stocks in 2014. they say ultimately his net -- his income for that year was $362 million. >> that's how you get to a $10 billion net worth, i suppose. interestingly, his gains -- i mean maybe he just follows let your winners run and cut your losses. his losses as reported there were very small as compared with his wins. >> right. bear in mind this is as trump is disclosing it. this is not the formal federal election commission data that he'll have to o submit to the u.s. government as part of his presidential campaign. we don't know for sure what's going to be on this report. this is what he put out in a press release last night. his investment portfolio overall looks like a lot of big brand name companies. ford microsoft, volkswagen, a lot of consumer facing names that a lot of people would be familiar with. >> eamon javers in washington. thank you. . >>> united airlines is giving away millions of air

dr. seuss is famous for his children's classics such as "cat in a hat," and horton hears a who." now after 25 years after his death a new book may be added to his collection. a new book was found by his wife and now has hit the shelves. we have more from springfield massachusetts. >> first there was one child then there were four. then came some parents and then even more. they came to dr. seuss' gardens to get a good look. not at the sculptures, no, at a new book. a new dr. seuss book? how did that be? they found it in are a box you see. it looks like dr. seuss had nearly finished it back in the late 50s in the early 60s but never submitted it for publication. that means we're lucky enough to have another dr. seuss book to read and treasure. >> it's called "what pet should i get." >> dad said we could have one. sad said he would pay. >> a tough choice, you can bet for this brother insists. but not these kids. they're all set. >> what pet would you get? >> a kitty. >> i want to get a kitty. >> i want a puppy. >> still the message rings true. decisions are hard. but there is somet

dr seuss was born in spring field, it's his home town. you might have guessed from all the sculptures around, there's the cat in the hat and horton known for hearing a who, not to mention these guise, wait, take a closer look, all around town you'll find things in his books >> what we find interesting about his experience growing up in springfield, many of his creative ideas appearing in the books later on came from his experience in springfield as a child. >> reporter: and know what else is true, parents like his books too. >> always seems to grab their attention, they love to read it over and over. they thing they are fun. we keep going with them. >> i think the kids like the simple text, the rhyming, the characters. you know, they are so excited to see them out here. >> when all is said and done, it's another great dr seuss book, no matter where you are from >>> and aljazeera.com is where you can keep up to date with all the day's development. evelopment.

dr. seuss was born here in springfield, it's his hometown. you might have guessed from all these sculptures around. there is the cat in the hat and hortonor herring what. who not to mention these guys thing one and thing two. but wait, take a closer look, all around town you'll find things in his books. >> what we think is very interesting about about his experience growing enough springfield is main of his creates i have ideas that appear in his childrens books later on came from his experience in springfield as a child. >> reporter: and know what else is true, parents like his books too. >> just always seems to grab their attention they love reading them over and over again and always think they are fun we just keep going with them. >> well, i think that the kids like the simple texts and the crimrhythming the and the character. they are excited to see them here. >> reporter: when eights is said and done it's another great dr. seuss book for no matter somewhere you are from, kristen saloomey, al jazerra spring field, massachusetts. >>> you can feigned out more about this latest dr. seuss book which is causing great ripples of exit. ar

dr. seuss was born here in springfield. it's his hometown. you might have guessed from all of the sculptures around. there's cat in the hat and hortonhearing the who. and not to mention thing one and thing two. but take a closer look, all around town, you find things in his book. >> what we think is a vast experience in springfield, many of his ideas created in his children's books later on came from his experience in springfield as a child. >> you know what else is true? parents like his books too. >> they always seem to grab attention, and they love reading them over and over again, and it's fun so we keep going. >> i think that the kids like the simple text and the rhyming and the characters. and they're so excited to see them out here. >> when all is said and done, it's another great dr. seuss book no matter where you are from. aljazeera, springfield massachusetts. >> >> hi everyone. this is al jazeera america. i'm john seigenthaler. >> freedom for convicted spy jonathan pollard freed to be paroled from prison. is it a peace offering to israel. >>> inside cook county jail. not the detention center. it's the largest mental health

dead, and myles horton, her husband, said, "we can't have a celebration of 25 years with this school without music. won't you come down and help lead some songs?" so i went down, and dr and reverend abernathy came up from alabama to say a few words, and i sang a few songs, and that was one of them. ann braden drove king to a speaking engagement in kentucky the next day. and she remembers him sitting in the back seat, saying, "'we shall overcome.' that song really sticks with you, doesn't it?" but he wasn't the song leader. it wasn't until another three years that guy carawan made it famous. amy: 1967, you made your stand against the vietnam war clear on the smothers brothers comedy hour. can you talk about that? >> the smothers brothers were big, big success on cbs television and way back the year before, i think in the spring of 1967, they said, cbs said, anything we can do for you? you are at the top. what can we do to make you happier? they said, let us have seeger on. cbs said, we'll think about it. in october they said, you can have him on. i sang this song "waste deep in the big muddy." the tape was made in california, flown to new york, and in new york, they s

dr. seuss? >> no. >> mo! >> green eggs and ham, cat this the hat, horton hears a who.ht say? >> in this cabinet is where we found the box. >> reporter: claudia prescott was theodore guysel better known as dr. seuss's assistant. 12 years after his death while going through boxes she and his widow audrey made an amazing discovery. >> i went through everything page by page. and that's when this book became very evident that it was more complete than anything else we had seen. >> if he revised he would put the revision on top. >> reporter: kathy gold smith was art director at random house during seuss's career. she got the first call about the hidden manuscript. >> i thought i would never have the pleasure of working on a new book of his again. >> reporter: dr. seuss had an almost magical ability to inspire children to read. favorites like "cat in the hat," "how the grinch stole christmas" and "green eggs and ham" endureder for decades. >> if we had a big tent we would be able to take home a yent. >> reporter: a new story. what pet should i get? complete with dr. seuss's u