dow dupont this -- dow dupont's ceo or ceo of the new dow, i should say, jim fittering talks about $800 synergies and expecting to realize 75% of those this guy is a material scientist. he is no lightweight he's a haigt the new dow is going to be shareholder friendly management plans to pay a hefty dividend, 45% of their net income goes directly to you, the shareholder, initially they're talking about 2$2.1 billion in annual dividends that should come to roughly $2.80 per share. you should be thinking right here right now, wait a second, what's the stock price given that dow's shares are currently trading at $53.50, that means with that dividend, the stock will have a 5.2% yield. 5.2% at knethese levels they would he the largest dividend in thedow jones industrial average remember when verizon used to have it? this is good news especially with the benchmark ten year treasury yielding less and it's a safe dividend. meanwhile management's also talking about a $3 billion buyback. i don't expect them to do this all at once but the company will have this bazooka if the company starts to stru

, cortava the two, dow has dupont has split.we want all three. dow dupont was hit by headwind with trade war and buyers strike. no one wanted to buy dow until we have the split. look what the dow has done the past week. this is up 20% from. courteva splits off on june 1. as separate companies they will be much more shea holder focused and i think they will deliver above average returns. liz: 30 seconds before -- >> yeah you get the tailwind. liz: 30 seconds before the closing bell rings and. >> yep. liz: tell me, anything keeping you up at night with the markets? >> well, look, i think policy mistakes always keep you up but this administration is proving very adept not making policy mistakes. liz: okay. great to see you. hank smith of haverford. by the way i survived. [closing bell rings] don't worry about me, great experience to be the first reporter to do a live ride along with way -- waymo. that will do it for "the claman countdown." >> the dow closing at new 2019 record. major averages mixed at close. the dow up 166 points.

we have about 300 million -- down dupont deal.ut 75% of those two numbers will come out this year. the other 25% next year. that will help give us a chill wind. beyond test cutting, the beauty of what we have done is create a more focused company. packaging infrastructure and consumer goods six global businesses. with that, that allows us to really streamline inside the company. we can make it more convenient and more easy and more enjoyable and effective to do business with them. we cannot our plans more reliable -- reliably and efficiently. that is meant to help us pay the nice dividends to shareholders. we are targeting to get at 45% of operating net income for the and have 20%dends of net income available for at today'scks areas prices, that is about a 5% yield. we believe that is a sustainable dividend and it also gives us room as we grow this company to have the ability to give her back to the shareholders. vonnie: i know that you are avoiding major mergers although you will be taking investment down a little bit. let me ask

made an06, dupont has initial reduction commitment for about 10 years. around 2006, and remember going to the ceos office, he thought about these issues, and i said, it occurred to me that if dupont could go away, we could reduce our greenhouse emissions to zero. we could be zero waste and it would not make a difference really, to the environment. but if we thought about how dupont'sthe engine of science and innovation and targeted that more directly towards bringing sustainable solutions to the environment, to society, for sustainable , much safer pesticides , then we could actually have an impact greater than just reducing our own footprint. at the same time, walmart had around its journey sustainability, working with its supply chain, and how they were stores.g their i would say around the mid to thousands, you started to see industry appreciate the value of the supply chain regulation, where companies were regulating each other. the started to realize that there is growth and money in -- and economic benefit to the shareholder by bringing more sustai

after working in the textile industry for a short time, he was hired by the dupont corporation located in camden, south carolina, where he flirble worked as a spinner operator. the company quickly realized he had a unique talent for listening and relating to people and moved him into the employee assistance department where he was certified and began investigating sexual harassment cases and representing dupont in federal court. he counseled employees and their families dealing with addiction problems, as well as working for the lancaster recovery certainty with which served the entire community with these issues. he was uniquely qualified to deal with these issues as he had struggled with abuse in his younger years until surrendering his life to christ at the age of 38. he was instrumental in writing new human resource policies for you do pont and once told you are the best outhouse lawyer i have ever seen. his career at dupont was stellar and he was characterized by his peers as being honest, caring, and treating everyone with respect and dignity, regardless of their status in life.

modified business and dupont had corn seeds and that is ethanol and it announced a weak court so it is derisk so for that one, dupont and how about forest, csx said it was led by growth and building and strong import demand tough one. open the file on warehouser and losing money on a 5% yield and i would rather buy a big home builder. let's buy lennar in florida. and then construction and paving products caterpillar could be a winner. i like that stock. but it is too global and rock stone could work but bank of america downgraded it the other day and worrisome. jim fish of waste management comes on the show and often commented the best source of revenue is construction. they announced the acquisition of the competitor and business is good and getting better that is the one to buy. and i'm talking about metal and equipment and fertilizer and the metal is doing well because there is steel but too much competition and coal, not on my watch. and inner mobile that is back in the world of j.b. hunt and some groups that just stink for example, if you trying to figure out where to get your

there's no good reason that it's still in use except that it's manufactured by a powerful dupont company. the withdrawal of scientificic study serves big chemicals interest, not the public. one of the most egregious anti-conservation actions of this administration is the unprecedented attacks on the antiquities act which has stood since president theodore roosevelt. the president reduced a national monument by 85% and grand staircase by over 45%. the largest rollback of protections for our collective federal lands in history and in unlawful presidential action in my view. each of the monument is home to the ruggedly beautiful lands that are at a risk. the designation was the result of many years of hard work and collaboration by five tries to trace their ancestry to this now the department is pushing to open up p the land outside of their boundaries for cold and mineral mining corporations. last month i had 16 democratic senators with a letter to mr. bernhard seeking his commitment to leave existing boundaries of other national monuments in fact. so far we have received no assurance that

it is going to replace dow dupont.use is going to be coming out of the us the 500, moving to the mid-cap 400 because dow ince is going to take its place. asr in mind, you do have to, an index investor own a lot of these kinds of stock. i was looking at bright house in particular. it accounts for .02% of the s&p 500. it is what you have 10 times the weighing in the midcap 400, which may offset the fact that there is less money focused on that midcap index. vonnie: fascinating. always great to speak with you. we should mention that wynn resorts is the best performer on the s&p 500 gaining revenue. dave wilson, thank you. facebook ceo mark zuckerberg's nicole is being met with a little skepticism. where joined now by bloomberg's ben rody. this op-ed that came out of the weekend being met with absolute skepticism. suddenly, mark zuckerberg is the voice for regulation? ben: exactly. there is a lot of skepticism that mark zuckerberg gets to choose how mark zuckerberg is regulated. he is looking at four issues, content modera

on "squawk on the street" we interviewed the superb ceo of the newdow inc., the spin-off you dow duponthich began trading on the new york stock exchange. i made it clear this morning that i think dow is a terrific investment especially if you believe the global economy will rebound with the united states and china which is something i believe. i like their prospects in innovation and cash flow which allows them to play a 5% plus dividend that's the yield and highest in the dow jones industrial average. this business that got spun off as dow inc. has always been the finest plastics company around and now that it's combined the best parts of the old dow chemical and dupont, i'll be -- it'll be even better look, it's no wonder the stock rallied 5% on its first day. but after we discussed dow's numbers i turned the conversation toward the future of plastics. what happens if every state outlaws plastic bags like the ban that new york approved last week what if dow makes plastic that is recyclable but it's uneconomic and people throw the bottles in the trash what can dow do about the great pa

the company has replaced dow dupont on the index after the company spun dow inc. off and that's all i have to say about that. we do have dow dupont down about two-thirds of a percent. you know what's surging now as well? oil. see this? $62.71. that's a 2019 high. this is the third day of gains for crude which spiked 32% during the first quarter. west texas intermediate closed at $62.58 per barrel, up 1.6%. here we are, about 20 cents higher than that. from commodities to currencies, bitcoin never disappoints when it comes to a head line. the crypto winter of our discontent is apparently thawing now. look at bitcoin which had been in the $3,000 range for months. right now we're at $4,735, up $603, the biggest intraday gain since you would have to go back to december of 2017. that's when it touched a record 19,000. the reason it is jumping right now is still a little cryptic. get it? but some analysts say investors on the sidelines are jumping back in as the millenial currency of choice has appeared to bottom out. we just had tom lee on on friday saying yeah, it's p

dow celebrating separation from dupont. the average, checking in on the big board, dow dropped a little more in the last hour. it is down about a third of a percent, 81 points. the s & p has been down all morning just slightly. the nasdaq is up a little bit but that is following big gains across the board yesterday. >>> the work place messaging platform slack will reportedly list its shares on the new york stock exchange rather than the nasdaq. the san francisco based company plans to go public in june or july. they first announced in february that it planned to take the company public. it is valued at $7.1 billion. lyft, spotify all listed on the nasdaq and not the new york stock exchange. bit coin surnled today to the highest level in five months. it was up as much as 12% in asia, surpassing $5,000 for the first time since mid november. it is settled in at about up 16% since the april of last year. analysts say the increase is likely triggered by an algorithm order worth about $100 million spread across major exchanges in

they say he engaged in sexual contact with five victims on 20th street south of dupont circle. also assaulted a sixth victim and attempted to engage that ctim in a sex act. tillman is facing multiple charges including sex abuse, robbery, and assault. >>> a charles county man faces several child pornography charges this morning. yesterday police arrested 39-year-old anthony robinson at his wdorf home. while searching his devices, police say they found child pornography. state police say they became aware of robinson alleged actions during an online action trying to find disturbing material. >> the president will visit ca xico, california, to ur an area of the border fence. if mexico doesn't take action, the president says the u.s. put tariffs on cars or close the border. he backed off an earlier threat to close the border as soon as this week. the border battle has a lot of people living along the area concerned. we do not think of ourselves, quite frankly, as two different communities. we think of ourselves a probably two suburbs that are part o onecommunity. we interact all th

and the st pkce is up $23 and the stock was up a fraction to $17.47 also atbc capital market, dow dupontas downgraded to sector perform from top pick. the analyst points to macro economic concerns for the chemical maker. the price target is $40. the stock closed just below that level at $39.15. west digital was upgraded to buy from hold ateutsche bank. the analyst cites favorable data for both hard disk drives and nan flash memory. gie price target was $60 and $54.29. i getting a sense of how people are feeling worldwide all at once and now you can p economists aing at ♪ ♪ >> boeing is reportedly facing calls to shake its boardroom by two leading shareholder advisory firms. according to the financial titus, insonal shareholder services has told its clients that dennisll berg should be stripped of his dual role as chairman andss ceo and g lewis has recommended the removal of the head ofud boeing's committee for failing to foresee safety risks with the 737 m aircraft. separately, an faa panel said the software update to the ground at boeing jet is, quote, operationally suitable, end quote

its name, nddow, it was spun off from dow dupont, following all of that, dow is a materials science-focusny that the ceo says is about to embark on new, more focused era. >> one of the things we wanted to do was make it easier for the shareholders to understandof on he knocks on us long term is plex and we too c didn't understand how to operate this thing. >> the three market verticals packaging, infrastructure and consumer goods and we're very focuseanon those businesse it's a good growth company. >> shares of dow rose 5%, 56.25. >> a report issued today alleged that executives at wynn resor were part of a cover-up to protect founder steve wynn against allegations of sexual misconduct. the investigation was conducted by massachusetts regulators and the 199-page repor was released just as a hearing got under way this morning to determine whether wynn resorts will be permitted to run a .5 billion casino resort outside of boston and keep its gaming license in that state. during this morning's hearing, a financial consultant testified that there's a lot at ske for wynn. >>. >>n resorts finan

dupont ice rink. when officers arrived, they found two juveniles shot, both are expectedo t okay. >>> now to our other major story this morning. president trump callingal speci counsel robert mueller's report vindication. >> however, house democrats do not agree. they are calling for mueller to testify before congress. attorney generalilliam barr released a redacted report yesterday, and he is set to testify next month. >> soere are four things to know about the report -- president trump panicked when he learned the appointment ofse special corobert mueller. now the report says the president sought the removal of mueller, discouraged witness was cooperating with prosecutors, and prodded aides to mislead the public on his behalf. >> mueller outlines at least ten instances of possibleob ruction. the special counsel declined to prosecute trump for obstruction of justice, but mueller did not exonerate him. he left it to congress to de deci. >> the special counsel inveigations concluded that neither the pr

i never once saw my father walking into the dupont building and the ceo walked by, to say hi and to say hi to the shoe shine my father notw treat people with respect. he thought the worst thing that could happen was the abuse of power, economic power, political , but, cardinal sins for me my father insisted that everybody be treated in respect. simple, a sick, thanks to let people know what they do matters. the work matters they matter. is not a political statement, it is a statement of fact. this country was not built by wall street bankers and ceos and hedge fund managers. it was built by the great american middle class. the most significant, economic power -- for real. [applause] that is the american story. from the neighborhoods is you and i grew up in. how do think we built the great middle-class? i have been saying this for 45 years. unions. unions. [cheers and applause] some people are afraid to use the word unions. not me. they built the middle class area for real. i think we even forgot it. if you have any doubt that you built the middle class, think about it. allsacrifices tha

dow dupont cut its first quarter profit outlook as it looks towards its standalone debut. bottom line. this is bloomberg. ♪ ♪ david: time now for the bottom line. after thatng lyft ipo last week got tearing out of the box. it is now getting back some of that that's morning. still, extraordinary gains last week. lisa: it is crucial for all of the ipo's lined up for this year. also crucial for some of the private valuations of these big tech unicorns, even if they don't go public. if the ipo price goes below, not great. meanwhile, i am watching facebook. you had mark zuckerberg over the weekend say he thinks there should be more regulation on data and internet usage. he says, "we have a responsibility to keep people ."fe on our services interesting that he's trying to come out on the forefront now. a little late, no? david: their chief lobbyist came out after that and said we need international regulations to apply to everybody, so they are trying to get in front of it? lisa: maybe. to be watched. >> the third story -- lisa: the third story is dow dupont. ,or more on the spi

i never once saw my father whether it was walking into the dupont building and the ceo walked by, toay hi and to say hi to the shoe shine guy, i never saw my father not treat every one of his employees, he was the manager of a car -- ership, i never once he thought the worst thing that could happen was the abuse of power, economic power, political power, cardinal sins for man, to raise his hand at a woman or a child, my father insisted that everybody be treated in respect. hello, good job, thanks. things to let people know what they do matters. their work matters. they matter. let me tell you something. this is not a political statement, it is a statement of fact. this country was not built by wall street bankers and ceo's and hedge fund managers. a lot of good people, decent people. it was built by the great american middle class. the most significant, economic power -- for real. [applause] fmr. vice pres. biden: that is the american story. the story of ordinary people from the neighborhoods you and i grew up in. given a chance to do extraordinary things. how do think we built the g

. >> what do yyou tell me becausee been the one disappointed with dow duponte.hink they lower the numbers for all of dow duponte to a point where it is not expensive. it is really is a much more stock base and you gate traet ae deal >> larry kudlow talking over the weekend positive about trading smo >> when you talk about agriculture, i think of the buyer's deal for that. talk about the worst deal. it is starting to compete with worst deals ever with all judgments piling up. >> i think they are lose ing th case >> my gosh, that thing took forever to close >> they're losing over the lawsuits that's brutal. i don't know if you have been following how johnson and johnson's can win it in some child case that drove the stock down from 148. i am looking at for monsanto there was a movie about it >> one of our favorites. >> it is the idea that they have a company that's chronic >> a great movie makes my top ten >> i do find montano bad deer last week -- deere hits it ti all-time high. >> as is proctor today they say urgency and accountability has been infused in the or

it is its first day as a publicly trading company and it spun out from dupont.p morgan putting and underweight on that. energy helped out by oil and helping with petri -- bp trading in london. we have been watching the new zealand dollar. 2.7ne-day chart down percent and falling below the 200 day moving average. this is when the reserve bank indicated the possibility of a rate cut joining the chorus of tanks that are more dovish. that caused the currency to go down. guy: seems to be a theme running around the world. certainly, one that is affecting the u.k.. george buckley is the chief economist at nomura. let us go over the brexit story. what we have had is donald tusk in brussels say, the u.k. can have a one-year extension, and oncesa may only once a -- an extension until june. is the risk that we get a series of rolling cliff edges? if i am a company, that encourages me not to invest and keep the big inventory that i have sitting in my warehouse there, which locks up working capital. george: a rolling deadline is what the european commission and union want to

. >> reporter: take a look at this exclusive surveillance video knewconsignment store dupont circle.n dressed in dark colored hooded sweatshirts walk up the stairs. suddenly one shatters a display case with a hammer and theyb quickly grahree expensive handbags leaving employees and the store mascot winnie the dog in fear. >> very scary. >> reporter: this employee tells me the men robbed the place:0 around 30 stealing three hermes handbags. total value, $36,000. >> the stairiest part we heard a bang and thought it was a gun. >> the store is kind of discombobulated we need it put back together. >> reporter: the store owner says she just celebrated 33 years in business. >> this is the first time anything like this happened to us. >> reporter: first time? >> first time in 33 years. >> repter: she tells me an hour before the robbery the suspects cased the joint showing their faces on camera. look at these photos. after the robbery, they smashed the front door and this photo captures them hopping in the getaway car. police collect evidence -- and interview witnesses -- >> dirt on their han

if you google biden dupont, you will find he has made thousands of speeches praising dupont about howreat they are and how much they help the environment. almostou have said he is more conservative than the president? president trump? caller: he is. he brings democrats even further right, which gives republicans an opportunity to go further right. we would not have had trump had we not had biden and obama with their right-wing attitude changing --s and they introduced what they call the clean power plan, which is basically a fracking program and biden and obama strongly supported that and a lot of democrats now still support it. host: some have been critical of the former verse -- vice president for his tenure in the senate working across the aisle with republicans. the late senator john mccain's funeral, joe biden gave one of the eulogies and mr. biden addressed this recently at an event at the conference of mayors and here is what he said. [video clip] >> look, i get in trouble. i read in the new york times today that one of my problems if if i were to run for president, i like repu

. >> so we just opened our second location in dupont circle and we'll do a dish to kick off burgers forummer season and we'll d a cumin burger and we'll give you tips an tricks and then tasting portions. thereots a l of great experiences at the harbor. there is a re garden, a cinco de mayo bar and a gospel brunch on sunday. a lot of activities. >> fun stuff. >> if you like to eat and thdri, is the place to be. >> and lamb is pretty lean? >> pretty flean. >> spring, i have to ask about the lean stuff. >> super healthy. and so is the bourbon we'll drink and the wine. this?t goes well with >> to i move a classic lamb.ng of cumin and it is a beautiful flavor combination. so that is what we'll do out here. a is a little spicy. so it has bit of a bite to it. >> tell me what you put in there? did you go over that again? >> and this one is our -- i can't tell you. it is our secret. this is our cumin lamb spice which is toasted cumin and coriander and in the mix we put garlic and ginger. so we'll toast these up and put a little cheese on it. >> now you just dropped those like just before we came

which was spun off from .own dupont today, up .4% marathon selling off their auto loan business to focus more on both management. investors are liking that, getting a pop of 3%. the company will gain about $1 billion in cash to do what it wants to do. on the flip side, we see some stocks moving down. snap down again. down about 2% today. one of the big ipos from last year, that is down about 1%. down 21% from the high in march. theourse, we have lyft, stock below $70 a share. at one point, it was down to 66.10. investors not convinced about the growth story we have going. who knows how this will shake out, but right now we see lyft in the second day of trading in the red. vonnie: thank you, romain. , all eyes on brexit at the moment according to vers theresa may will be speaking in a few minutes after a marathon cabinet meeting. duringforth, our next guest says avoiding the mecca stilley -- domestically focused u.k. companies. the portfolio manager at newberger norman. we look to be in the middle of another pivotal day in brexit. what is your base case, having seen on the imaginations ov

dupont ice rink. they found two juvenshot.on the possible aluse of monday's fire at the notre dame cathedr in parsz paris. a fresh official tells the "associated press" investigators believe an electrical short circuit may haveed spark the fire. investigators have made an initial assessment of the cathedral, but it's too drougs dangerous to do a full examination. >>> there is one of theri holie s of the year in the christian faeth. wed pope francis washed the feet of prisoners during a that additional service. this is video. it was at a prison outside of rome. the service re-enacts the biblicto of christ washing the feet of his disciples. it's meant to demonstrate humility toward others. and on this good friday, pope francis isng providi over the way of the cross re-enacting jesus' crucifixion. >> following that, the pope will go to st. peter's about skill ka and on sunday st. peter's resquare. >>> market will open in prin george's county. molette green told you about this amazing community effort on wednesday. new life worshi

dupont ice rink. officers arrived to find two juveniles shot. both are expected tbe okay. >>> 5:34.o the other major story -- president trump calling special counsel robert mueller's report vindication. >> however, house democrats don't agree. they are calling for mueller to testify before congress. attorney general william barr released a redacted report ye erday. and he is set to testify next month. >> here are four things to know about the report. president trump apparently panieded when he leahe appointment of special counsel robert mueller was coming. the report says the president soughthe removal of mueller, discouraged witnesses from cooperating with prosecutors, and propded aides to mis-- prodsed aides to montheaislead . >> and the special counsel declined to prosecute trump on obstruction of justice, but mueller not exonerate him. high left it to cgress to decide. >> and the special counsel investigation concluded that neither the president nor his campaign did coordinate with the russian government in its election interference. president trump called the entire thing a hoa

we own it as part of the dow dupont breakup the former parent reports. i think you're getting a gift with dow's safe dividend on friday, we get the nonfarm payroll for april and i'm betting it will be strong. unfortunately, that will be regarded as bad news because as soon as we get a phenomenal jobs number so-called experts start coming out of the woodwork, arguing the federal reserve needs to raise rates don't listen to these people strap yourself to the mast i'm not listening. stick to your knitting the bottom line, aside from friday's labor report, the most important piece of data we'll get until the next report, it's the earnings that matter and just like me, they are no simulation sandy in new jersey, sandy >> caller: hello, jim. this is sandy. my son brandon is 13 and he wanted to ask you a question about his portfolio. i'm going to put him on right now. >> okay. >> caller: hello, mr. cramer boo-yah. i'm brandon from new jersey. and i'm interested in mcdonald's as one of my first holdings. i know the product very well and i feel like it will be ar

they all happened in an area circle ih of dupont the 1200 block of 20th street. police say officers wereas cang the neighborhood last night after the first report. when they found a person who matched the lookout. he washo arrested w incident. >>> turning to politics now, from the allout attorney general's summary of the mueller report. investigators for the special counsel tell "the new york times" the final report was more damaging than attorney general willar barr revealed. "the new york times" reports mueller investigators are frustrated bause barr did not adequately portray their conclusions and barr wrote a letter last month sayin trump was cleared of collusion and did not make aetermination on obstruction. the attorney general determined he did not obstruct justice. barr w fuft ratedhat mueller didn't make the decision about obstruction himself. nbc news has not independently confirmed the "times" reporting andeanwhile the house judiciary committee has requested the r barr will release a redacted version. next month he will testify fore congress about the

dow dupont the them call company, before the spinoff, the company gave you the most down beat forecast of any industrial. the stock initially got it, it got hit. it turned around and it's been climbing ever since. since the spinoff, the new dow has been fantastic you had to buy at the ugliest moment because it's resilient. if you googled resilient, you'd see a picture of mark zuckerberg facebook today we learned that mark zuckerberg did something bad again. i don't know, something nefarious. i know he did something wrong. whatever according to the documents, he toyed with the idea of selling your information right here in his brain. sell your name to third party developers to get a sense of what it might be worth in the open market. but zuckerberg insists he didn't sell you out he wrote that really important o op-ed piece about the internet has to be regulated. the truth, is as we learned over the course of the past year, can we just put an end to this none of these stories matter it's about earnings per share. the people who should care about facebook and the privacy, they don't. inst

wednesday they say he engaged in sexual contact with five victims on t 20th strust south of dupont circle. he also assaulted sixth victim and attempted to engage that victim in a sex act. tillman is being -- is facinging, rather, multiple chargers including sex abuse -- sex abuse and more. >>> yesterday police arrested 39tear-old anthony robinson his waldorf home. while searching his devices,y police say t found child pornography. state police say they became aware of robinson's alleged online during an investigations to catch people sharing the disturbing material. >>> 5:08. today president trump heads to the broeu.s.-mexico bordt. the presids giving mexico one year to want to flow of illegal drugs from entering the u.s. if mexico doesn't take action,e the presid says the u.s. will put tariffs on cars. and if that doesn't work, he could close the border. the president backed off an earlier threat to close the border as soon as this week. this battle has people who live along the border concerned. >> we do not think of ourselves, frankly, as two different communities. we think of ourselve

they say he engaged in sexual contact with five victims on 20th stree south of dupont circle. pleats say he also assault the a vicksth victim and attempted to engage that shim in a sex act.ti he's f charges including sex abuse, robbery, and assault. >>> a charles county man faces several child pornography charges this morning. yesterda police arrested 39-year-old anthony robinson at hi waldorf home while searching his devices, police found child rnraphy. state police say they became aware of robinson's alleged an onliduring investigation to catch people sharing the disturbing material. >>> 6:08. today president trump heads to the sympto-. mexico border. he will tour a recently replaced section of border fence. the president is giving mexico one year to stop f thew of illegal drugs from entering the u.s.ex if mo doesn't take action the u.s. will put tariffs on cars, and and that doesn't work, he could close the border. he backed off an earlier threat to close the border as soon as this week. this battle has a lot of people who live along the border concerned. >> we do t notnk o

just calling to get your latest opinions on what's going on with the folks at dow dupont.hinking stock yields 5% i don't know people are selling down these stocks i think that that's crazy. i've got tell you that when you yield 5% and the raw costs going down, you buy some here. my charitable trust is doing that you build a nice position with the treasuries, give me so little yield this is precisely the kind of stock you should reach for right now it's an unsettled market, and i think the sellers are going to have genuine remor remorse. can i go to anthony in california anthony? >> caller: hey, jim, boo-yah >> boo-yah >> caller: hey, how you doing? i wanted to get your opinion on ticker symbol huya they're a video game streaming service out of china, i believe, and they recently launched their ipo within the last year, trying to get a piece of the video game industry, and that is kind of a unique play. >> i don't know if the government encourages those guys these days we're going to have to take a pass on that if you do want video game industry, we do like take two. we're

bg >> look at the crop protection business from dow dupont wow. i mean, we have to steer clear from this for right now. i don't smell a bargain. i smell something bad. mark in oregon mark >> caller: hey, jim. thanks for taking my call. >> all right >> caller: i'm interested in greenbriar the ticker is gbx. >> stay interested but don't pull the trigger i would rather see you in csx. i think that's a better buy. how about todd in iowa todd >> caller: hi, mr. cramer. really enjoy your show i have been watching you since the old kudlow and cramer days >> oh, my. how about how well larry did, huh? >> caller: i kind of wish i was back in -- i'm calling from iowa, but i wish i was back in colorado, at my bed and breakfast near beaver creek. we would like to invite you out to come visit us some time >> that's nice that's a nice offer. all right. >> caller: my call is about -- i have been trying to find a company that's growing nice and steady and has some good management >> okay. >> caller: and lcii. lci industries, formerly known as drew industries, they

we could deliver on a huge grain order not when you listen to the crop protection story out of dow dupont the most obvious answer, they buy boeing planes, a huge buy. a statement buy. it would be greeted so positively, oh, my, which is why i can't blame anyone for wanting to own this stock here, not to sell it or short it. plus, look, we know boeing is going to fix the problem this is boeing, for heaven's sake these guys are passionate about safety as tragic as those two crashes were, i bet boeing's business ends up doing fine how else could the chinese show good faith in the earth movers this obe a great time for the chinese state owned party to direct from caterpillar instead of komatsu such an easy call, right that's why i was shocked when someone downgraded cat ahead of the positivity i think that could be an ill-advised downgrade. it's not just the industrials. the retailers were rallying like crazy. what's driving them? i can think of a couple of reasons. as the ceo of walmart said in an interview with our own courtney reagan, the consumer is in good shape. courtney also interviewed

i called the chairman of dupont and asked if he would send people and also price the cost of 11 million refrigerators, a huge number of refrigerators they were planning to build over the next several years when substitutes for the, cfcs. -- the institute did that. globalization was really coming on in my time. the importance of the montreal protocol, and the need to have the rest of the world with us on that. the united states led on the montreal protocol. rate, -- i did establish the assistant administrator for the international. i do not if it is still ongoing. is there one? >> yes, i think that is the case. so, gina, what do you see globally..a.'s role, the united states has to play a global role with in him was a e.p.a., but what is your experience, and what do you see projecting ahead? mccarthy: i actually still do quite a number of meetings. there are still negotiations happening. a lot of them are the prior administrative, the obama administration. we had meetings in m.i.t. with india and a lot of folks. the sad thing for me is they always start out by apologizing because i feel

you have dupont and mack mu ran and companies that are dominating very well we think this is a good way materials theme. >> john, this is the classic problem we have on the etf show. how do you oep theo yo you own e 70% of the fund is ten stocks. you can equal weight it if you want go with 40 or smaller stocks does any of one show any outperformance >> i think they're performing to date and if you want more risk in a portfolio you buy mark cap weighted and less contribution then the equal weight is fine. from our perspective. >> the entire market seems to be on the bull side right now the bull seems to have won this argument the argument is very simple. europe and china economies are bottoming. the earnings picture is low single digits for low 2019 and maybe flat for the first vicks quiet overall. still choppy overseas to me. >> investors are uncomfortable taking risk with the fed on pause and global economy doing well enough. i think investors are comfortable taking on a more cyclical slant these are some of the areas performing relatively well and better than the staples and other def

an old dupont chemical site has been condemned as hazardous for 26 years in nothing's happened, and now opportunity zone capital finally close the deal. there's an old building from a life insurance company that is very solid, it has been into for 36 years. i just found out between the city, alabama, and opportunity zone financing, it's going to be converted into apartments dedicated to retiring citizens. some like that is innovating and exciting. everything's been into for 36 years, it would not have happened without the opportunity zone. i want to see more of that. >> the city of indianapolis is of together a consortium public sector officials, private sector officials, philanthropic investors, and they are doing a couple of things. one of the issues we've got to make sure i'm in this is showing my bias with opportunity zones is to know who is playing and where they are playing. they have created a portal to create transparency regarding investors, regarding where projects are in the project pipeline, and in an effort really to try to match investors with projects that they want to se

>> i would buy i've been buying i've also been buying dow dupont, too.ave found spins and splits work. you just have to give it time and have patience. this is a global growth stock, so if you believe, like i do, that global growth is going to improve, this is your play on the ethylene cycle, which i think bottomed and will you see upside in operating leverage as a result >> good stuff. appreciate your questions as always keep sending them. we'll try to get to as many as we can shaping up to be a big day on wall street. s&p 500 crossing above its all-time closing high. now closing in on its all-time intraday high. kelly evans and "the exchange" crew pick it up now. >> we are going to pick it up right there, scott thank you, and hi everybody. here is what's ahead back to the highs. the s&p and the nasdaq hitting new records today in terms of the closing high, of course. the companies that make everything from washers to jet planes to soda, they're reporting growth they're raising guidance, that's driving the gains. we'll follow it. also wall street's mixe

it is manufactured by a powerful dow dupont company. mr. bernhardt's withdrawal of the scientific study serves big chemical's interest, not the public's. one of the most egregious anticonservation actions of this administration is the unprecedented attacks on the an tecties act -- antiquities act which has stood since president roosevelt. grand staircase -- the largest rollback of protections for our collective federal lands in history and an unlawful presidential action in my view. each of these monuments is home to ruggedly beautiful lands that are at risk. the bears ears designation was the result of many years of hard work and collaboration by five tribes that traced their ancestry to this remarkable area. now the department is pushing to open up the land outside their boundaries for coal and mineral mining corporations. last month i led 16 democratic senators in a letter to mr. bernhardt seeking his commitment to leave existing boundaries of other national monuments in tact. so far we have received no assurance from mr. bernhardt that

. >> reporter: take a look at this exclusive surveillance video from secon consignment near dupont circleirs. suddenly one shatter as display case with a hammer and grab three expensive handbags. customers in there at the time are terrified. suspects cased ta and after the crime smashed the front door, and a photo catches them hopping into that getaway car. >> scariest part is we heard a bang and thought it was a n. >> the store is discombobulated. we're going to need to have it put back together. >> reporter: the store owner just celebrated 33 years in business. >> this is the first time anything like this has happened to us. >> reporter: first >>time? irst time in 33 years. >> reporter: she tells me an hour before the robbery the suspects cased the joint showing thr faces on camera. take a look at these photos. after the robbery, they smashed the frontoor and this photo captures them hopping in the getaway car. while police collect evidence -- and interview witnesses -- >> dirt on their hands when they ran down and i think also some ood here. >> reporter: everyone hopes they catch the c

peabody awards, the broadcast equivalent of the pulitzer prize, three george polk awards, and the dupont-columbia golden baton. he's introduced us to me of the world's most remarkable people in his one-on-one interviews and shared with us a world of ideas. and he once took us inside hisily in a very personal way. he's authored 12 books. i'm incompetent to properly introduce bill moyers there's simply not enough time. before aowtudio audience a man for his modesty and his reluctance to talk about himself, agreed to sit down with me for a conversation i shall never forget. ladies and gentlemen, mr. bill moyers. (upbeat music) (audience applause) - it started in marshall, texas but it started before you were a journalist. something unusual occurred in marshall that taught you about this america. you were the son of one of the poort people in town anywhere else, in any other time, you wouldn't have had much of a shot. how did it happen that a poor boy got the shot you got? - i was the beneficiary of affirmative action for poor, white southern boys. if you studied hard, worked hard, moved around town,

replacing dow duponte debuting here in a three-way split. >> which is taking way too long. >> we'll hear >> it was doing terribly because of the floods and a special performance looks like it is doing okay we'll speak to fitterling, his division is not that great if you are taking lyft, you will be getting a call from me. >> jp morgan >> you will get a call for jaime dimon? are you shorting lyft or banging it down? we'll find you it is a take-in situation. it is going to be a take-in situation. we'll find you jamie has a special set of skills, it is a nightmare for people to knock it downright now. sfo >> we'll keep our eyes on lyft >> reuter apiece that the damage to these farmers are remarkable because they had so much in storage because of things like the trade war with china and all of that corn and pitchers of it in the water >> the president will have to go to that area and write checks to the farmers because wholly cow, they are decimated no levees. it is every single grain and there is the protection business it is just like that scene by northwest. i know you love the movie. the

nike, mcdonald's travelers, p&g the winners losers in the energy patch chevron, caterpillar, dow dupontg on the dow. interestingly, boeing is helping after those earnings are being digested by wall street. dow not at a record high like -- >> 0.7%. >> you just did the calculation, thank you. the dow -- >> as requested. >> 0.7% away >> ask and you shall receive >>> shares of hawaiian holdings are down sharply today despite beating earnings estimates the airline facing growing concern about increased competition and margin pressure. hawaiian airlines ceo peter ingram join us in a first on cnbc interview thanks for joining us. good afternoon, peter. >> my pleasure good afternoon to you. >> so what was the reason behind this margin miss which a lot of the analysts are focusing on in particular >> well, i don't think in terms of the earnings reported yesterday that we missed on anything on our relative to the expectations at the beginning of -- >> sure, margin decline then year over year by 4.4% compared to last year >> sure. i mean, the -- we're obviously in a different competitive environme

wilmington trust started as the family office for the dupont family in the early 1900s. now our clients are primarily wealth creators. >> i'm trying to figure out the impacts of the tax changes now that we're filing our taxes and finding out how much we owe or refunds. and just wondering if, you know, a lot of your clients are getting hosed? >> yes, a lot of our clients are now waking up to what it really means. particularly new york, all the high tax states. new york, new jersey >> think that's going to have an impact on investing? >> i think it's going to have more of an impact on residential choices. so we are seeing a big up tick in interest in florida, in states that have much lower tax rates. the forecast, the demographic forecasts are that texas will have more millionaires in three years than new york, believe it or not very pro business state. much lower taxes so it's definitely having an impact >> back to the markets do you like risky assets at the moment or not given the bounceback this year >> we do we actually are positive on growth we expect 2% to 2.5% gdp g

to dupont, do they need insert themselves more into the american conversation? a duty to their shareholders. that is the division of power in the market economy. francine: preparation, not prediction, jamie dimon saying they are prepared for but not predicting a recession and they prefer to use capital to grow rather than by back -- buy bac k. are they prepared to deal with such a crisis as we saw in the lehman area -- era? roger: i do not think a recession in the states is likely, but it is a danger. the problem is always the bits you do not know about. i am sure we will not see exactly the same thing as before. the euro zone scares me. i think the fed has got a fair amount of ammunition. it is the ecb and european question that is deeply worrying with the deposit rate negative and germany opposed to further qe. what on earth does the ecb do? tom: in his letter, he talks about something in the news, front and center in london, the future of asset management. i think you can comment on the new consolidation and this need for this dreaded word, scale. we need sca

connell: dow, inc., we called it do you dupont until couple days ago. but now dow inc. the stock is up today, disney looks pretty good. more green than red for the dow which is up about 84, 85 points. >>> meanwhile house democrats in full attack mode, demanding six years of president trump's tax returns. pushing newly authorized subpoenas over the mueller report. the president responding to a all of that. here he is. >> is that all? >> that's all. >> usually it is 10. we're giving up. we're under audit. connell: blake burman at white house with latest developments there. hi, blake. reporter: richard neal has become a household name here in washington, d.c. the top democrat on the house and ways and means committee, sending a letter to the irs, wanting wednesday, six days from now the president's tax returns. neil we herd from him the first time today since he sent the letter on camera, said essentially they're playing the long game here. they know there will be a legal fight ahead, most likely. this is probably going to have to work its way up through the federal courts