sara eisen has more from nike headquarters in beaverton, oregon. >> what we've discovered -- >> reporter: global consumer giant nike announcing an ambitious, new plan to grow sales to $50 billion by 2020. that's $20 billion ahead of where it is now. that growth starts in its home market. >> the growth for north america for nike's actually quite exceptional. we have a strong category offense in play, we have great relationships with our wholesale partners, and nike expects to grow our e-commerce business to $7 billion by 2020. it's at $1.2 billion today, so that's healthy growth. >> reporter: another part of the growth story is china. at a time when its economy is slowing and other companies are struggling in the region, nike sees double-digit growth there. analysts say nike is also doing a good job appealing to the right demographic group. >> the millennial consumer is driving the business across the world. so, even though maybe the luxury business in china's not as good right now because the economy has cooled off, et cetera, we're really still seeing a strong trend with millennials in

rich eisen along with marshall marshall, steve mariucci and michael irvin. rob gronkowski is soon to visit our set on "the mazda postgame show." the patriots are putting the bang thing on everybody they are seeing right now. led by number 1, who appears to

jim: thank you, rich eisen and all the crew. this was such a fascinating game because the decisions, the nuances, the number of little decisions, the clock being reset to 2:04 from 1 :59. instead of the next play being run basically coming out of the two-minute warning. gave the ravens more time. phil: absolutely. jim: you go back and look at the chess match. i can't remember a game like this in a long time. phil: i can't either and no matter who won the game, that coach that lost is going to be second guessed big time. with mike tomlin, we both agreed and i thought there in that situation, instead of going for it on fourth and 2, the last one, i absolutely would have tried that field goal and gavin my kicker one more time, with experience, knowing on what's going on now. we're not going to go. you saw at the end of the game or i did, mike tomlin hit his mike and said to all his coaches my bad and then he took it off. jim: you've been through seasons where things weren't going your way and all of a sudden things flipped like it

i'm sarah eisen. expedia up nearly 10%, earnings beating expectations.ts takeover of orbts will save more than originally thought. expedia by the way up 60% this year. key corps is buying first niagara financial for $4.1 billion. that creates the 13th biggest u.s. bank. and first solar is shining today. up nearly 10%. beating the streets on earnings and revenue. and new york mets stock. pour performance the previous five years but quite a good record this year. there are four other stocks in the s&p like that. and you can read about them on power lunch.cnbc.com. >> shares of sun edison down today. after kelly evans asked hedge fund giant david temperatupper the rumor he was in the stock. >> there was some rumor you were going to come on talk about it. would you pick a sun edison? >> you know people probably smoke a lot of marijuana out in your viewing audience and people on twitter. because i don't understand where stuff comes from. i've never talked about stocks on this program. we haven't had any big positions in my book for a year. i just was -- i mea

our sara eisen spoke with chairman, danny myer and has a lot more this morning. carl. i did have a chance to catch up with meyer in cincinnati where he was a featured speaker. it was one of the first times we have had a chance to talk to him. the stock has done well and come off the highs. it has been cut in half from recent highs. the first question i had for him, what is it like to watch this roller coaster ride that is your stock price? >> it dined kind of reminds me n we first opened shake shack and we would watch the line outside. 100% of everybody would tell us, i love shake shack. some people would say, but i don't want to wait in line. we would always say, it is kind of your choice if you want to stand in line or not. we are just going to try to take the best possible care we can, which i think we do. the stock price is sort of reminded me. almost 100% of the people are thrilled with the performance of the company. sometimes more people want to stand in line and sometimes others don't. we are focused on making one burger and serving one guest at a time. >

let's send it down to sarah eisen with d.c. with him right now. sarah. >> thank you very much, kayla, and president kim, always good to have you on cnbc. >> thanks for having me. >> you have just given a speech hfd the big meetings in lima on inequality. just one of the issues that world leaders have to tackle next week against a back drop of slowing global growth. how do you see the world economy right now? >> well, you know, there's a lot of head winds. there's no question that growth is going to be slower for emerging markets. you know, a big part of it was -- is the fact that commodity prices continue to be down, and a lot of that has to do with the slowing of the growth rate in china. also, there's a lot of anticipation about eventually the fed fund rate will be raised and interest rates will go up overall, and it will be harder for emerging markets to get access to capital. all these things are giving us a sense that growth will be slower globally, and especially in emerging markets. >> you like the imf have urged caution and patience when i

sarah eisen.y is long -- >> i'm long pepsi. >> i've been long pepsi for about five wreerz now. if you take a look at this disclosure, you'll see this name is always on there for me. the reason it has been is i disagree with a lot of the activist that is have tried to attack pepsi over the wreerz and talk about how they have to split the company. i think they have done an wrout standing swrob in terms of management. they've continually outpaced coca-cola. i also think coke is finally starting to wake up. they've made some investments that i think will pay off into the future, and right now peps where i is already basically not only doing that, but they have the snack foods. they have everything. >>. >> so, yeah, she's responded to activism pretty well, i think, actually. you know, knee got the products. knee got the name. they've got the global scale. now she's actually being able to execute consistently, which is a very important part of the story. the fact that she's raising guidance was very big

my name is rich eisen, marshall faulk, steve mar yatcha, michael irvin. how do you see these things come something we certainly didn't. harry connick is calling out us out on twitter. brees, 300 yards pass. did his usual bang thing on the cal fons. steve: he's 14-5 against the falcons. michael: i sitted -- sat here watching this game. i started to mention it. i was there in 2006 when they returned back to the dome against that atlanta team. i was working with the other team. it was so impactful i mentioned it in my hall of fame speech in 2007 and that was the atmosphere they created in that dome again tonight. it started out just like that game and the crew hit it on the head. i was like wow. and they ended up winning. steve: they won the toss and didn't defer. they went right down the field and scored 80 yards. marshall: it's not even fair. we try to call ate rival game but drew brees has basically dominated the falcons in this so-called rivalry game and whether him and his team has been healthy or had bounce gait or whatever, they've found ways to beat

my name is rich eisen, marshall faulk, steve mar yatcha, michael irvin. how do you see these things coco someththg we certainly didn't. out on twitter. brees, 300 yards pass. did his usual bang thing on the cal fons. steve: he's 14-5 against the falcons. michael: i sitted -- sat here watching this game. i started to mention it. i was there in 2006 when they returned back to the dome against that atlanta team. i was working with the other team. it was so impactful i mentioned it in my hall of fame speech in 2007 and that was the atmosphere they created in that dome again tonight. it started out just like that game and the crew hit it on the head. i was like wow. and they ended up winning. steve: they won the toss and didn't defer. they went right down the field and scored 80 yards. marshall: it's not even fair. we try to call ate rival game dominated the falcons in this so-called rivalry game and whether him and his team has been healthy or had bounce gait or whatever, they've found ways to beat the falcons, whether it's been in new orleans or atlanta. all

my name is rich eisen, marshall faulk, steve mar yatcha, michael irvin. how do you see these things come something we certainly didn't. harry connick is calling out us out on twitter. brees, 300 yards pass. did his usual bang thing on the cal fons. falcons. michael: i sitted -- sat here watching this game. i started to mention it. i was there in 2006 when they returned back to the dome against that atlanta team. i was working with the other team. it was so impactful i mentioned it in my hall of fame speech in 2007 and that was the atmosphere they created in that dome again tonight. it started out just like that game and the crew hit it on the head. and they ended up winning. steve: they won the toss and didn't defer. they went right down the field and scored 80 yards. marshall: it's not even fair. we try to call ate rival game but drew brees has basically dominated the falcons in this so-called rivalry game and whether him and his team has been healthy or had bounce gait or whatever, they've found ways to beat the falcons, whether it's been in new orleans

sara eisen evan newman. "fast money" begins in moments. >> the self-driving car. that looked like fun. guy did virtual reality. guy in the sky. that is a little hint. >> i want a v.r. version of guy for our next hit. that would be cool. >> a better version. thanks kelly. "fast money" starts right now. live in the nasdaq market site overlooking time square. our traders on the desk. tim seymour, josh brown, brian kelly, guy adami. >>> now steve bomber and what is it about twitter that has the richest people jumping in and who should be next. >>> plus netflix releasing a film today and it could be a big deal to the stock come phone. we'll explain in a special report. >>> but remember the august swoon. stocks have recovered all of the losses but it could be china that holds the real key. some earnings feeling the heat. yum and wynn with the heavy exposure to the country and next week we do get key data with heavy ties to china. ibm, microsoft, google and mcdonalds. and we talk about the slowdown but it is right here with us in the earnings season. >> some of the most

my name is rich eisen, marshall faulk, steve mar yatcha, michael irvin.you see these things come something we certainly didn't. harry connick is calling out us out on twitter. brees, 300 yards pass. did his usual bang thing on the cal fons. steve: he's 14-5 against the falcons. michael: i sitted -- sat here watching this game. i started to mention it. i was there in 2006 when they returned back to the dome against that atlanta team. i was working with the other team. it was so impactful i mentioned it in my hall of fame speech in 2007 and that was the atmosphere they created in that dome again tonight. it started out just like that game and the crew hit it on the head. i was like wow. and they ended up winning. steve: they won the toss and didn't defer. they went right down the field and scored 80 yards. marshall: it's not even fair. we try to call ate rival game but drew brees has basically dominated the falcons in this so-called rivalry game and whether him and his team has been healthy or had bounce gait or whatever, they've found ways to beat the falc

rich eisen along with marshall marshall, steve mariucci and michael irvin. rob gronkowski is soon to visit our set on "the mazda postgame show." bang thing on everybody they are seeing right now. led by number 1, who appears to be picked -- ticked off at the football world. michael: news flash. maurl: he's ticked off but he's playing at a high level. we saw it. they're up 30-some odd points and brady misses a read and he's on the ground slamming the football, hitting the ground. next play he hits edelman for a touchdown. that is the trivep that's driving this team and i believe it's not that he's upset. i believe this is who tom brady is. he wants to be perfect. michael: he's not upset, he's just doing what he does with the football. press onward to the metal. the last five days, 60-92 for 711 yards. six touchdowns and no interceptions. and how many wins? two. that's right. exactly. steve: we could talk tom brady all night. i'm going to audible a little bit. let's talk about this defense because they lost a bunch of players in the off-season but this defense

my name is rich eisen, marshall faulk, steve mar yatcha, michael irvin.you see these things come something we certainly didn't. harry connick is calling out us out on twitter. brees, 300 yards pass. did his usual bang thing on the cal fons. steve: he's 14-5 against the falcons. michael: i sitted -- sat here watching this game. i started to mention it. i was there in 2006 when they returned back to the dome against that atlanta team. i was working with the other team. it was so impactful i mentioned it in my hall of fame speech in 2007 and that was the atmosphere they created in that dome again tonight. it started out just like that game and the crew hit it on the head. i was like wow. and they ended up winning. steve: they won the toss and didn't defer. they went right down the field and scored 80 yards. marshall: it's not even fair. we try to call ate rival game but drew brees has basically dominated the falcons in this so-called rivalry game and whether him and his team has been healthy or had bounce gait or whatever, they've found ways to beat the falc

rich eisen along with marshall marshall, steve mariucci and michael irvin. rob gronkowski is soon to visit our set on "the mazda postgame show." the patriots are putting the bang thing on everybody they are seeing right now. led by number 1, who appears to be picked --icked off at the football world. michael: newew flash. maurl: he's ticked off but he's playing at a high level. we saw it. they're up 30-some odd points and brady misses a read and he's on the ground slamming the football, hitting the ground. next play he hits edelman for a touchdown. that is the trivep that's driving this team and i believe it's not that he's upset. i believe this is who tom brady is. he wants to be perfect. michael: he's not upset, he's just doing what he does with the football. press onward to the metal. the last five days, 60-92 for 711 yards. six touchdowns and no interceptions. and how many wins? two. that's right. exactly. steve: we could talk tom brady all night. i'm going to audible a little bit. let's talal about this defefse because they l lt a bunch of ayers in the

rich eisen along with marshall marshall, steve mariucci and michael irvin. rob gronkowski is soon to visit our set on "the mazda postgame show." the patriots are putting the bang thing on everybody they are led by number 1, who appears to be picked -- ticked off at the football world. michael: news flash. maurl: he's ticked off but he's playing at a high level. we saw it. they're up 30-some odd points and brady misses a read and he's on the ground slamming the football, hitting the ground. next play he hits edelman for a touchdown. that is the trivep that's driving this team and i believe it's not that he's upset. i believe this is who tom brady is. he wants to be perfect. michael: he's not upset, he's just doing what he does with the football. press onward to the metal. the last five days, 60-92 for 711 yards. six touchdowns and no interceptions. and how many wins? two. that's right. exactly. steve: we could talk tom brady all night. i'm going to audible a little bit. let's talk about this defense because they lost a bunch of players in the off-season but t

rich eisen along with marshall marshall, steve mariucci and michael irvin.ronkowski is soon to visit our set on "the mazda postgame show." the patriots are putting the bang thing on everybody they are seeing right now. led by number 1, who appears to be picked -- ticked off at the football world. michael: news flash. maurl: he's ticked off but he's playing at a high level. we saw it. they're up 30-some odd points and brady misses a read and he's on the ground slamming the football, hitting the ground. next play he hits edelman for a touchdown. that is the trivep that's driving this team and i believe it's not that he's upset. i believe this is who tom brady is. he wants to be perfect. michael: he's not upset, he's just doing what he does with the football. press onward to the metal. the last five days, 60-92 for 711 yards. six touchdowns and no interceptions. and how many wins? two. that's right. exactly. steve: we could talk tom brady all night. i'm going to audible a little bit. let's talk about this defense because they lost a bunch of players in the off-

time to reveal our mystery chart done in part on sara eisen's behalf.g an all time high, associate with the air is a's hometown which makes us think of chili poured over spag getty. the stock up over 240% over the past years. it's city financial, sinf. apparently one of our producers ratted it out but did you know it ahead of time? >> i did not. i saw cincinnati company i thought kroger and a lot of folks on twitter that i that as well. cincinnati financial is not one we talk about. it goes back to 1950. four agents started is in cincinnati, ohio. they have a big portfolio in equities, so they have really benefited more than other insurance companies from 6 1/2, 7 year bull market, only got hit in the financial crisis -- >> other than to say they are not actually based in cincinnati. >> yes, they are. >> no, they are in fairfield. >> that's -- it's a county in cincinnati. >> it's an hour north. >> it's in the vicinity. >> if you said stanford, connecticut that was inglewood cliffs, new jersey. we did that for you, sara. >> thanks for having me. >> the n

rich eisen along with marshall marshall, steve mariucci and michael irvin.ronkowski is soon to visit our set on "the mazda postgame show." the patriots are putting the ua bang thing on everybody they are seeing right now. led by number 1, who appears to be picked -- ticked off at the football world. michael: news flash. maurl: he's ticked off but he's playing at a high level. we saw it. they're up 30-some odd points and brady misses a read and he's on the ground slamming the football, hitting the ground. next play he hits edelman for a touchdown. that is the trivep that's driving this team and i believe it's not that he's upset. i believe this is who tom brady is. he wants to be perfect. michael: he's not upset, he's just doing what he does with the football. press onward to the metal. the last five days, 60-92 for 711 yards. six touchdowns and no interceptions. and how many wins? two. that's right. exactly. steve: we could talk tom brady all night. i'm going to audible a little bit. let's talk about this defense because they lost a bunch of players in the o

i'm carl quintanilla with sara eisen, simon hobbs, and david faber. s&p trying to make it six in a row to the upside. we have not done that since june of 2014. a lot of corporate news. oil helping out at 47.28. look at dupont as well. the company announcing that ellen kullman is stepping down october 16th after holding the top job since 2009. dupont, the best performing dow component this month. coming up later, ibm is working on a new unit betting big on artificial intelligence. ginni rometty will join us live for an interview. >> let's get to our road map for the next 60 minutes. stocks mixed after five days of rallies. david kostin will join us with his take on where the markets are heading nows for the rest of the year. >>> price hikes help pepsi beat the street for the third quarter. the company's cfo speaking out. >>> and the l.a. dodgers becoming the first pro team to fund a tech incubator. the team's president will join us live to talk about that and, of course, the fantasy sports scandal. >> we have headlines here hitting the wire. the imf cu

`eisen the 40' s on sunday and `monday. `then noticed the quick `turnaround. `a lot of ups and downs. `sean: that is why i keep the `shorts around. `erin: i' m getting ready to pack `those away. `[laughter] `sean: let' s check on our top `stories. `we start with ray brewer. `ray: a salem mother has been `arrested and charged after `allegedly shooting up heroin in `front of her four-year-old `daughter and overdosing. `salem police received a call on `tuesday afternoon from a man at `the la quinta inn. `he said kari houlne was `unconscious and not breathing, `but that he gave her narcan and `revived her. `>> police in bow are looking for `the person responsible for a `series of commercial break-ins. `someone broke into four `businesses on river road in the `span of two hours. `concord police have caught the `man they say robbed a `convenience store at gunpoint. `39-year-old john conkle entered `show the clerk a gun tucked into `his pants and grabbed cash from `the register. `erin: what do you get when you `2000 pounds ofsean: go big or go home, as they `say. `or

congratulations on last night. >> thank you. >>> we want to go right to cnbc sara eisen with more onng number. the bad news, it's a sharp deceleration from what we saw the quarter before. you don't want to see in this stage of the recovery a 1% number on economic growth. but there is good news in this report buried beneath the headline and that is consumer spending, the backbone of this economy. it actually held up relatively well. if you take out inventories, which is basically just companies stockpiling some of their inventories over the last few months, you get a real read on the consumer on the housing market, on trade. that number actually stayed at 3%. so, the headline, not so great, beneath the surface, not all that bad. add it all up and actually wall street is looking at a down open. but still, nothing severe and that's because the focus on wall street, guys, is still on the federal reserve. what do they do with this number? they hinted that they are still thinking about raising interest rates in december. we'll see what that does to the markets today. >> in december it didn

sara eisen is out in oregon nor nike's investor day. we'll hear from sara in a bit. a lot, that belies a lot of news today, retail sales, news on intel, netflix tonight. >> shares of trip adviser rocketing on the announcement that it convinced priceline to give it inventory. trip adviser becomes one of tree. >> business inventories, santelli at post nine with us today. rick? >> unchanged, which is close to expectations. and last month we went from up 0.1 unchanged as well. but sales down 0.6%. even though we didn't get negative numbers, on business inventories the last negative number was in january. they're few and far between. this may make a subtle difference. many are much more concerned about how the fourth quarter is stacking up considering some of the recent weak data. >> good to have you here, rick. >> great to be here. >>> earnings clearly are in full swing. banks front and center for many, both wells fargo and bank of america beating earnings estimates. not all of the banks have beaten the street. jpmorgan reporting an earnings miss yesterday amid weak trad

sarah eisen has more on that. >> i have some news on the very highly anticipated mag. the self-tying lace shoes. nike hasn't said anything about whether they are actually releasing them, but i can confirm, according to a source with nike, that they are in new york city. >> meaning a proto type of some time. >> maybe we'll see it later. it's a little bit of a ties. we'll see you tomorrow. obviously creating a frenzy on the internet. these shoes, i mean, look sneaker heads and sneaker fans have been anticipating these shoes for at least a decade. they released a proto type back in 2011, but they were not self-tying. the big innovation here would be they are self-tying if nike does indeed release this. we know they had the patent for this. i assume they've been working on this for a very long time. it has blown up and gone crazy. there are a lot of crazy sneaker fans on social media. >> now that you call them crazy -- >> crazy in a good way. crazy awesome. >> crazy awesome. it's limited releases. highly anticipated, but very mysterious. sort of releez of new shoes. they'v

>>> good morning, welcome to "squawk on the street," i'm david faber along with simon hobbs, sara eisen, carl quintanilla and jim cramer have -- what are they doing? preparing for that big debate. the republican presidential debate on cnbc, live from the university of colorado boulder, coverage begins at 5:00 p.m. eastern. we'll take you out to boulder momentarily. we're at post nine where at this time we always give you a look at futures. so let's do that and give you a sense of where we are in the markets. in terms of futures, ten-year note yield, crude oil as well. ten-year yield around the 2% level. and wti crude is up. let's get to our road map for this morning. it begins with shares of apple. they are higher in the premar t premarket. the company beating expectations and doubling cell phone sales in china. >> walgreens quarterly results beating estimates as they agree to buy rival rite-aid. >> and twitter shares down more than 10% in early trading. user growth and forward looking guidance below expectations. >> tonight is the night, the republican presidential debate on cnbc. cove

. >>> along with sire ra eisen from the new york stock exchange. who said october would be scary? to be the best month for stocks in four years. the major averages up 9%. but will these gains persist? over the next few months. has the year end rally been called into question? will october's gains take the steam out of it? is in the meantime, shares of valiant tank, the pharma giant making a major move to p

joining us on the set is our sarah eisen and maurice.ew chief economist of the imf live from lima. >> the imf downgrading global growth to 3.1%. we want to welcome dr. osfeld. the new chief economist of the imf. good to see you. thanks for joining us. >> thank you, sarah. >> i want to start with this. lower projection for the global economy. i think it's a concern, but the bigger concern may be that there aren't that many policy tools to address it. let's start with central bank policy. how much more room is there for global easing to fight this new slowness? >> well, as we say in many countries, policy space is limited. looking at the youeuro zone and japan, there's room to maintain policy accommodation. in some countries in the euro zone there's sufficient space for fiscal expansion, so the fund is recommending those actions. if you look at emerging markets, some of them with strong policy frameworks, which built up fiscal buffers have room for a fiscal expansion. for example, peru where we're holding these meetings has increased fisca

welcome to "squawk on the street," i'm carl quintanilla with sara eisen, simon hobbs. cramer is off. 142,000 is the jobs number for september. a sizable miss. virtually no silver lining. negative revisions, earnings flat, even hours worked going south. the futures have reversed big time. the ten-year yield, below two. the market is increasingly betting on no fed rate hike this year. those new worries for the fed on the labor front. september nonfarm payrolls weaker, rising by 142,000 in august. revised sharply lower to show 136,000 added. the rates stay steady at 5.1. average hourly earnings come in flat, but we were looking for something in the 0.2 0.3 range. maybe the most -- biggest disappointment of the year so far. >> coupled with the august revision lower. the 2015 average goes to 198,000 jobs created per month. that's a sharp slowdown. last year we were averaging 260,000 jobs. >> it's more than that. if you take the three month average, you're down 267. which begs the question, whether we like it or not, where are we in the business cycle? regardless of what fed

. >>> big monday, big rally, welcome to the "closing bell" i'm sara eisen in for kelly evans. >> i'm bill griffeth. a crazy market day. general electric helping to power this market higher, it is the biggest gainer inside the dow right now on news that the stock has become an activist investor target. david faber will join us with details on the type of changes, if any, that we could see coming at ge. >> a friendly activist story they are calling it. >> so far. >> pharma is under fire, though. it's actually a laggard in this rally. valiant pharmaceutical shares with sinking after that piece about how the biotech company has been increasing drug prices. we have on whether other biotech companies to be under this political fire. >> twitter shares are popping today, the company officially finally announcing a co-founder jack dorsey will become the new ceo, but will he be able to handle the twitter job and take his other company square public? that's something we will ponder a little later. >> that is the question for investors. plus, the hunt for yield, new data showing retail investors

i'm sara eisen.ccording to apple vice president jennifer bailey, starbucks will begin to accept apple pay at its stores this year. additionally cfc and chili's will start next year. >>> jpmorgan upgrading shares of wells fargo to overweight from neutral citing more share buy backs, an attractive dividend yield. and the california coastal commission has approved a $100 million expansion of seaworld's killer whale tanks. additionally the commission has banned the company from breeding any killer whales in captivity. it's very controversial. >>> check out orange juice futures and prices right now. prices actually spiking higher as you can see. up almost 5%. the usda says florida's orange crop will be down 17% from last season partly due to severe disease of the fruit. prices are down 16% this year though. good news i guess if you're buying orange juice, tyler. >> thank you very much. after yesterday's bombshell decision by kevin mccarthy to withdraw his name for the position of speaker of the house, the

sara eisen on coca-cola. good thing i didn't say sara eisen on coke, right?hil lebeau on general motors. meg terrell on biogen. >> biogen had a third quarter beat and raise. the headline was a restructuring to cut 11% of the workforce. shelving some programs it's working on and to save $250 million annually. it's going to focus on late-stage programs it has in development including it's alzheimer's including. also saying it's going to focus a lot more on its multiple sclerosis pill. that slowed growth a little bit. we might see some direct to consumer ads for that pill. >> phil lebeau in gm. it is in drive today. >> it is. did you know it's been almost three years since we have seen shares of general motors rise as much as they have so far today. we'll see if they finish up as much. up more than 6%, and the rally really is driven by people waking up to, whoa, they've got a lot of things within the internals that are working here. growing north american margins, up 11.8% in the third quarter. they think they'll be over 10% for the year, a year ahead of schedul

our own sarah eisen joins us now with a special guest. >> i'm happy to welcome ceo much mondelez irene rosenfeld to the set of cnbc. thanks for making time on a busy morning. >> i'm happy to be here. >> talk about what drove better results, especially on profitability. it seems to be the story yet again is aggressive cost cuts. >> another solid quarter for us, as you said, on both the top and bottom line, and a key driver of that was the aggressive focus we've had on cost savings. both in overhead as well as in supply chain, and that together has allowed us to then drop some of this to the bottom line and expand income margins and to invest in marketing support which then has backstopped our franchise and helps us to start making improvements in our market shares. overall we're executing well and it was a strong quarter. >> clearly investors are pleased. the stock is up 30%. one of the best consumer staples out there this year. you have set a target for yourself. the 15% to 16% operating margin for 2016. how do you plan to get there? what is the next round of expense reduction look lik

speaking to sarah eisen she said the hike would have spill over effects for emerging markets. >> as far as the fed is concerned we're very pleased to see the decision will be data dependent. we think that's very very good. we don't see much movement on the inflation front. nor on the wages front. we're also interested to see that the international scene is perceived as likely to have domestic effects and may have been factored into the thinking. so we're not asking. we're just saying data dependent, perfect. >> but you did previously say perhaps it would be prudent to wait until next year. >> we said that the best thing is to move and not to have to move back. so when the data and the inflammation are well and good when there is certainty, then fine. but no rush. >> it's not there yet, you're saying. >> we are not seeing it and i don't think the fed is seeing it either. >> janet yellen is still talking about an interest rate increase this year. would that be a mistake? >> i wouldn't say that. i'd say that, again, let's make sure that it is data dependent. if the data are not telling tha

bell," i'm sara eisen in for kelly evans.w is going to rejoin us in a minute. let's see how we're finishing the way day on wall street. the dow is closing the day out down 40 points, s&p 500 down a quarter of a per sent and nasdaq down about 4.5 points. joining today's panel we have our own mike santoli and paul hickey. also with us we have "fast money" trader kim see more. we have twitter earnings, apple earnings, gilead, we're day one of a two day fed meeting, we have the republican debate. are you ready? >> we have ibm with some kind of we don't know what scandal, we don't know -- >> and chatter. >> we have star wood, right? what else do we have? rite aid. >> yes. >> star wood, right ate. mike santoli, is it earnings, deals, the fed? what are you focused on most? >> obviously the earnings is the most identifiable catalyst. the fed is one of those things tomorrow we will start to parse the at the same times. the market itself was really draghi, much worse than the s&p and the dow suggested. you have the small caps not doing

say sar sarah eisen joining me in just a moment.would bring together the nation's second and third largest drug chains. a massive recall from general motors. more than a million cars affected m have been recalled before. check out the nasdaq 100. a percentage point

along with sara eisen, i'm tyler mathisen. mandy has the day off.se today. >> how lucky is this? >> i don't think we've ever stood this close together ever. >> it's been a huge week for equities, the dow on pace for its best weekly gain since february. the s&p on track for its biggest gain of 2015, so will the rally keep on trucking? >> and we've got a great mystery chart for you. check this one out. it's a sector, and it's up more than 7% this year despite the recent

welcome back to "squawk on the street," i'm carl quintanilla with sara eisen, simon hobbs, david faberks soggy here, though oil reversed its losses. pay attention. we're dealing with a lot of data that's been soft around the world. earnings season going into second gear tonight. >> here we go. our road map this tuesday morning. weak china data weighing on stocks at home. goldman sachs chief asia strategist tim moe will join us live with his take. >> and the democratic presidential candidates get ready for their first debate tonight in vegas. the republicans are still trying to figure out a new speaker of the house. >>> and also ahead, ab inbev agreeing to buy sabmiller in a deal worth 104 billion. what does that mean for this country where they'll have a 70 market share? >>> we start with the latest out of china data overnight showing more signs of a slowdown. exports dropping 4%, imports dropping 17%. investors shifting their focus to the soon to be released gdp data. joining us is tim mow from goldman sachs. what a good day to have you in town. >> great to be on. >> investors not lik

. >>> good morning, welcome to "squawk on the street," i'm david faber, along with sara eisen and simonbs. we are live from post nine. carl is on assignment in colorado for tomorrow's presidential debate. we'll see him on the show, of course, tomorrow. let's give you a look at some of the markets, including the stock market, which we tend to follow here at cnbc relatively closely. a look at the broader market. s&p down about 0.25%. wti, a bit of a story yesterday and today. not long ago it was close to the $50 mark. now 42.89. some concerns about the industrial economy. >> breaking news on consumer confidence. jim iuorio. >> our second disaappointment in the form of consumer confident. we were expecting 103, it came out 98.6. this is disappointing the one thing we were hoping for is the consumer felt good when you consider stock prices are buoyant now, home prices are buoyant, gas prices are low. the last consumer confidence number was the michigan sentiment a couple weeks ago, it was good. this is disappointing. the stock market started out down on the s&p, now it's down three handles.

. >>> good morning, welcome to "squawk on the street," i'm david faber along with sara eisen and simonlet's give you a look at markets and oil, which seems to be such an important component of all the markets. certainly adding to what has been a good week for the broader equity markets. we continue that trend thus far early in the session. let's get to rick santelli with breaking news on wholesale trade. rick? >> yes. wholesale inventories and sales for august, which means spot in the middle of the third quarter, last quarter, up 0.1 on inventories. last month it was down 0.1. the first minus number since may of 2013. it is a positive read and better than expectations. could have some subtle, subtle changes to the gdp, considering the revision to july, it will be taking away based on that alone. sales were down 1%. this is a surprise. much more than double what we were expecting. last month unrevised down 0.3. so inventories, well, important. but you need to move the inventories and the sales number is not pushing it in that direction. simon, back to you. >> thank you very much. so the

welcome back to "squawk on the street," i'm carl quintanilla along with sara eisen and simon months. dow up 186, s&p almost up 1 tnt 25. twitter naming jack dorsey as its permanent ceo today. it's up almost 2%. we are getting breaking news on ism services. for that we go to rick in chicago. >> 56.9. now, sequentially it's lower, that's a september read than the 57.5 we were looking for. but it doesn't really break us out of the range in a wild way. the low read for the year happened in may at 55.7. the best read was july at 60.3 which went all the way back to the summer of 2005. let's go through some internals quickly. this is nonmanufacturing. this is the service sector. the biggest swath of the market. 58.3 on employment. that's an improvement over the last look in august of 56 if we look at new orders, 56.7 is a deterioration. a large deterioration of the 63.4 look in august. a split decision on the two big internals, employment improving, new orders not improving. it is lower but the realm of the range of the year so far. david faber, back to you. >> thank you very much, mr. sant

i'm carl quintanilla, sarah eisen and david faber at the new york stock exchange.ket coming up a little bit. the s&p, back to 2085. watching oil back above 46. getting some housing data. >> let's get straight to diana olick in washington. >> breaking news on pending home sales. >> pending home sales down 2.3% from a downwardly revised august reading. that's amiss. the street was looking for a slight gain. pending home sales still up 3% year over year in september. these are based on signed contracts. it is a forward-looking indicator of sales over the next two months. this is the second straight month of declines. we are now seeing the second lowest level of pending home sales for the year. the realtors blaming a dearth of available listings in lower-end properties for first time home buyers. they are also blaming rockyness in financial markets. this comes after a steep drop in pending sales of newly built homes in september as well. we seem to see a slowdown across the board. sales down everywhere but worst in the northeast. down 4%. down 2.5% in the midwest. down

welcome back to "squawk on the street," i'm carl quintanilla, with sara eisen, simon hobbs and davidleft with some big stories in large cap mma as we watch dell, emc and sabmiller. the dow not doing a lot in terms of amplitude, up just five points. >> here's the rundown. stocks remain stable, but oil reverts its gains today, now below $50 a barrel. >> the ceo of palo alto networks wants to help big companies deal with security threats. >> and the big banks reporting earnings this week. we'll tell you how to position in that sector. >> first, let's look at the market. carl mentioned the oil market reversing its rally falling nearly 2% now. also stocks, the dow is up about 4 points, not much action, but we're coming off the best week for the s&p of the year. let's talk about it. steven reese of jpmorgan and andy lippat. the headlines today, we have $567 billion tech de5a $67 billion tech deal and a beer deal. >> that brings the focus back on the corporate sector in the u.s. companies feel good about the outlook. there's been a lot of noise whether it's china, the fed. but if you listen

believe some of the other entities out there that have made comments saying it is not otherke her eisen and large drugmakers, any reason to believe there are more of these or additional reports you are looking into elsewhere in the industry? at this point in time, i do not find any other companies using this type of operation. it is funny you say that. it makes you even more valeant'sle about business that other companies yesterday without even being asked, immediately said, we don't own a specialty pharmacy. a specialtywning pharmacy, and i do not know the legality behind that, but it has know thestart legality behind that, but it has become a start with -- a scarlet letter in the past 24 hours. there is a problem. >> you brought of the ignore the messenger, but i'm sure you are well familiar with the spirit you have a section on your website that a trust is this. people out there have questioned your character before and you got into a fight with a try cleaner at one point, you have been sued a number of times. and some company you were involved with earlier your career resulted in sa

say sar sarah eisen joining me in just a moment. talks now of a merger that would bring together the nation's second and third largest drug chains. a massive recall from general motors. more than a million cars affected m have been recalled before. check out the nasdaq 100. a percentage point away from record highs. did you know there are only really five stops powering that index now? we'll tell you about that and more. first, let's check in with sarah. welcome, sarah. >> thank you. it's good to see you and be with you as always. we have to begin with that potential deal between walgreens and rite aid. the pharmacy chain stocks all moving right now. this is just talks. advanced deal talks according to the "wall street journal." >> supposedly they're in talks right now. it had a noticeable infect on rite aid. i want to point out here, put up rite aid intraday here. $6.24. rite aid at $6.24 just about 40 minutes or so ago. and we immediately got halted. and you can see the jump up after the halt came off to $8.51. what's important is

sara eisen spoke to nike's ceo mark parker earlier about both companies, and she joins us now. huh, sarah? >> what a day, and those stocks tell it all. nike and wal-mart going in completely opposite directions for the day, and for the year with nike up more than 30% as the dow's best performer. both consumer global giants. it's something i talked about with mark parker. i said if you look at this chart, you might get a very confused sense of the global economy and the global consumer. right now, he said, no matter what's happening out there in macro economic environments, nike is firing on all cylinders and connecting with its consumer. and he pointed to china as an example of a place that's seeing an economic slowdown. when so many other companies are struggling there. nike is hitting double digit growth. have a listen. >> it's been noteworthy, i think, nike's performance in china, how we've done quite well amidst i think a lot of concern. not within nike, but within the overall market. >> you're not seeing any of the slowdown in the chinese consumer? >> we're not seeing it. i

our sara eisen joins us with nike's ceo. >> good to see you, tyler, and it's good to be back in beaverton. thanks for having us, mark. >> absolutely. >> let's start with the news you just made on investor day. $50 billion by 2020. >> yeah. >> that's an ambitious goal to add 20 billion in sales over the next five years. >> absolutely, and we're not shy about being am pishs with our goals, whether it's product or the business. we feel very confident and our place here in the youths and around the world. >> what's going to drive that because it actually took more than ten years. >> yeah. >> to add the last $0 billion in sales. this is some super fast growth you're looking at. >> ultimately the consumer votes every day and we need to make sure that it's the best it can be. i'm -- the product with have in the pipeline and leading up to the rio olympics is extraordinary, the best we've ever had so i feel confident in the product and i also feel confident in how we're connecting to consumers. the brand is resonating around the world and we're investing a lot in servicing and really tlk for the c