major companies, fed ex, intel, warning they don't see things improving. which should you be listening to. that answer could decide who wins the election. hi, i'm brenda buttner, this is bulls and bears and let's get right to it. the bulls and bears this week, terry b smith, tobin smith. and jonas max ferris, and who is right about it, the markets or big businesses? >> well, big business is right about the economy. you can believe them or not. they have no incentive to tell you things are bad. doesn't help the stock prices, what's really happening if you look at data points, the economy is loge down. new orders going down. trading partners going down. manufacturing going down and employment-- here is the rub, the change, bad economic news means good things for the the stock market. the stock market is not saying that the economy is recovering. the stock market is saying we're going to get more stimulus from gentle ben, more stimulus from mario draghi. not an expectation of recovery. >> those are the central bankers printing money and putting it into the ec

kristin fisher live at fed ex field this morning. back at 6:30. >>> well, the regular refs will be back on the field tonight when the ravens host the browns. our kristin -- kristen berset will be there live starting on 9news now at 5:00 p.m. we want to know what you think about this deal. leave your thoughts on our facebook page. we'll share some of your posts coming up at 6:30. >>> montgomery county police are looking for a gunman in an overnight shooting. the victim was shot nearby and able to stumble to this cvs drugstore on montgomery village avenue. medics rushed him to the hospital with several gunshot wounds. no word on his condition this moing. >>> happening today, u.s. park police will try to flush out new clues about a cold case. they are offering a cash reward in the hit-and-run death of 27- year-old ebony johnson. johnson was hit by a car crossing suitland parkway. the driver took off. police have identified the car as a late 199 on acura rl. >>> also today, virginia lawmakers will dig into this summer's unrest at uva. yo

tour championship by three shots playing with the fed ex cup and applies plus a ten million dollars. on the back in the business two time defending f one champion sebastian vettel wins the singapore grand prix to end his longest run without victory. but first former england football captain john terry has called time on his international career he informed three lions boss roy hodgson of his decision and it's had a phone call on sunday evening the thirty one year old faces a football association charge of using racist language against q.p.r. defender anton ferdinand that disciplinary hearing takes place later on monday terry was cleared of racially abusing ferdinand in court in july and says the f.a.'s decision to pursue charges against him makes his position untenable he played seventy eight times for his country and was initially made captain in two thousand and six. elsewhere russia's most successful club spartak moscow have won their first league game since the middle of august relief all around for you know i am arrays man is the red and white three one on sunday and manual aman

that's right, if fed ex is concerned, it makes a lot of people squeamish about christmas and we have friday's important jobs report for the month of august. will a good job's number dampen hopes for stimulus. that could hurt the market since a fed from the move seems priced in at this point. >> that's right, we have the dow jones industrial average off of the highs and the lows right now. up about 70 points at the best. up now 16 points on the average. nasdaq is down, and the s&p 500 looks like this, a collar chart. back to that potential red flag for the economy. this is fed ex and ups after they cut their earnings for the first quarter. >> since they're seen as a bell weather, what do the warnings say about where the economy and the upcoming holiday season may be headed. we have guests with us now to discuss it. todd, what does this warning mean to you? you're worried about other companies as well, right? >> yes, fedex used to be a approximaty. if you want to die sect the warning, look at some of the retailers out there. remember, amazon uses fed ex, and if they're coming out with

tour championship by three shots playing with it the fed ex cup apprised of ten million dollars. and the sticky wicket angling the bawled out for their lowest ever team twenty school as the defending world champions league ninety runs to be. the first former england football captain john terry has called time on his international career he informed three lions boss roy hodgson of his decision and the telephone call on sunday evening the thirty one year old faces a football association charge of using racist language against q.p.r. fans anton ferdinand that disciplinary hearing takes place later on monday terry was cleared of racially abusing for a man in court in july and says the f.a. decision to pursue charges against him makes his position untenable he played seventy eight times for his country and was initially made captain in two thousand and six. elsewhere in the english premier league manchester united manager sir alex ferguson admits his side put in a poor display despite seeing off rivals liverpool two wanted on the field for him side playing a major part of the game wit

he's the fed ex cup champ earning himself a bonus of $10 million.ming up at the top of the hour on "morning joe", mitt romney and president obama in duelling "60 minutes" interviews as we come down to the home stretch this race. would he have a big crew ready to talk it over. >>> as we come back, we will huddle around the water cooler to watch the tv adaptation of "game change." see how it did at the emmys and have a special live guest, bill in tuxedo. how's that for a tease? "way too early" coming right back. [ male announcer ] for the saver, and a big first step. for the spender who needs a little help saving. for adding "& sons." for the dreamer, planning an early escape. for the mother of the bride. for whoever you are, for whatever you're trying to achieve, pnc has technology, guidance, and over 150 years of experience to help you get there. ♪ >>> we told you at the top of the show that both campaigns have zeroed in on the battleground state of ohio this week. mitt romney, paul ryan making a bunch of campaign stops. we will see a new ad from pr

i just love watching the fed ex because you never know who's going to win and that's obviously the guy who gets hard right the right time and. it could have been . down today and it was very exciting i know he had a very emotional day yesterday you know with going to visit our friend tucker anderson in the morning and then one of the golf tournament and then off to the ryder cup so i know who'd be excited when he gets here went on the european team don't feel they have too much to fear the visitors have won six out of the last i try the cups and even though they'll face a partisan crowd in chicago you know the captain of the thoughtful things a lot of his team would have benefitted from playing on the p.g.a. tour in america. what is so obviously completely different to let's say fifteen years ago. when you look at some of the european players their own base here they play there the tour over here they're very familiar with the golf courses around here with their opponents and in that regard i think they feel really more comfortable with the whole situation of coming here to this state

tour championship claiming with it the fed ex cup size purse of ten million dollars . sticky wicket in mentor or bulldogs for their lowest ever twenty twenty cricket score of the defending world champions lose by nine to india. let's get the ball rolling with russian football where sport talks domestic and european aspirations have served a massive blow brazilian international romelu septimus perhaps the entire season after suffering a severe knee injury in sunday's three one win over rough stuff their twenty two year old tearing his a.c.l. surfer it's brains to two other knee ligaments in the eighty fifth minute of thought on victory the london olympic silver medalist will now undergo treatment in germany spaniard who's in manuel also suffering it's not. like he says well i almost scored in sport x three two loss against barcelona in their champions league group much last week. the red and whites take on celtic and their next european cup encounter on october second. former england football captain john terry has called time on his international career but chelsea ski

what is wrong with fed ex? domestically and not that bad but perhaps as a indication of the global economy slowing down? also, the release of the iphon fight. >> facebook stock... what is the take? >> mark zuckerburg... could provide an update. yes, there is a share buyback is a bit early. and i like it but i would prefer it that they are hitting it out of the ballpark with some more effort rise in revenue. >> the good presentation. we have not heard much since the ipo.. >> one of the things that i have seen is that the se management team has perhaps been questioned. that is a lot of the outside speculation looking in. >> you mentioned amazon that is with netflix by 10 percent. what does that mean for consumers? >> is an interesting time. we are starting to pay taxes this is a prime service that basically put some ahead of netflix. and i will like that prime service. >> also like that with the free today shipping. it is a great service. >> $79 >> and also, great free shipping available. it is a great story. and

tour championship with that fed ex cup over the weekend the american showing no signs of nerves as he concluded run for on sunday three birdies on the back nine taking all the drama of a final day which was laced with possibilities it's a timely push for snedeker head of the ryder cup which starts on friday the thirty one year old finishing three strokes clear of englishman just in rows was enough for him to part of a ten million dollar prize for also playing the fed ex cup world number one marco royd meanwhile finished nine shots off the pace with tiger woods one stroke in front of. complete faith and one of you know i knew that it would be a tough day and every time something bad happened under something good was going to happen i saw him going into my mind all went right the middle and i need to and so that's just one of the very think i went right. moved to the ice where the new n.h.l. arrivals are already making their presence very much felt in the kontinental hockey league the match for tween title holders. and petersburg taking center stage on sunday the class pitched as a batt

i looked at fed ex which had reversed and traded higher and held the june 5 low.great base from which to trade this stock. if you elong ate that chart you'll see exactly what i'm talking about. you trade against the june 5 low. fed ex sometimes you have to say the price action is such that maybe you can have a relief rally in the stock. with a very defined stock fed ex is your trade of the day. >> sure. >> there is no reason. >> you're not in it. >> we have a whole footage of me. >> you didn't get paid, though. >> that's the type of guy i am. >> thank you for jour services. coming up on "mad money" cramer has the ceos of dress barn. and giving your portfolio snap, crackle and pop. >>> we have your first move tomorrow. we come right back. [ mujahid ] there was a little bit of trepidation, not quite knowing what the next phase was going to be, you know, because you been, you know, this is what you had been doing. you know, working, working, working, working, working, working. and now you're talking about, well you know, i won't be, and i get the chance to spend more

tour championship and with the fed ex cup the american showed no sign of says he concluded his final round three birdies on the back nine took all drama out of the final day which was laced with possibilities as a timely push does not occur. added the ryder cup which starts on friday the thirty one year old finished three strokes clear of englishman justin rose it was enough to pocket a ten million dollar prize for also playing. world number one he was unable to win his pool to vent in five he finished shots off the pack. here just to get back into the team atmosphere a team spirit should be good fun. and is going to go there and enjoy it and try and help the team europe as much as i can now moving to the ice where new n.h.l. arrivals are already making their presence felt in the k h l the match between titleholders deny my scars and petersburg took center stage on sunday pitched as a battle between superstars alexander ovechkin and culture from across europe has more. i think a shell is widely considered to be secondary in popularity to the n.h.l. but with the lockout in north ameri

forecast collides with fed ex is a recently reduced more bearish economic growth outlook well up what it looks like at the distribution center according to write it won't talk i phone five indicator let's get to today's capital account. to bloomberg reports u.s. investors are buying treasuries at a faster pace than foreigners for the first time since two thousand and ten undeterred by record low yields that's pretty nice of investors to help enable uncle sam sixteen trillion dollars plus borrowing bench for nothing or less than nothing in return but does this mean they expect ben bernanke and his chief dinse to fail and their efforts at turning up the thermostat on economic growth and getting america back to work again and anyway how do you quantify the stimulus impact anyway the latest issue of grants interest rate observer cites a paper produced by the federal reserve bank of new york titled the macro an economic effects of large scale asset purchase programs and in it the authors conclude that that asset purchase programs have become the norm today increase g.d.p. growth by less th

kristin fisher is live at fed ex field with an explanation on how they pulled off this de.ood morning, kristin. >> reporter: good morning. well, the n.f.l. and the referees union leaders has been negotiating this agreement for almost a year since last october. one of the big holdups has been the issue of the referees' pensions. well, it appears that finally just before midnight the two sides were able to reach a compromise and here it s. these are just some of the materials of this eight-year collective bargaining agreement. the current pension plans are going to remain in place for the current referees through the 2016 season. then it will be frozen and replaced by a defined contribution agreement starting in 2017. then finally the referees' salaries are going to increase from an average of $149,000 a year to $205,000 a year by 2019. just hours before this agreement came down, we had a real n.f.l. referee terry mccallly on our newscast -- mccauley on our newscast talking exactly about all this came to be. of course this agreement was helped a lot by the outcome of that mon

. >> wove a fed. ex. truck and -- we have a fed. ex. truck.ivermore, typical from what we see, give yourself extra time. >> at the bridge toll plaza, we have the usual metering lights that are on. construction truck versus a car at the toll plaza and making it worse. hopefully it will get pulled over to the shoulder soon. that's good news. >> no delays as you drive into san francisco. 6:39. here is steve. >> thank you. >>> thunderstorm is o blowing up over san jose. beautiful sunrise. tropical clouds are paying a visit. numerous reports are coming in. sunnyvale; san jose. and it is pouring. and campbell and i saw it over there. it is kind of collapsing now and looked like it fired up more about 10 minutes ago. towards the altamonte pass and things are picking up again because of the tropical moisture from the southwest. it is favoring so far. east bay and south bay. san francisco, oakland north. not in on the party yet. could be later on. >> could be san jose mountains south and i am sure tracy will get in on this as well. it is kind of retrog

yet every single stock look at fed ex they shrug it off.n three or four days they are right back to levels. we'll see if it happens again. within a week from now it is probably back to levels we saw earlier today. >> time for pops and drops and movers you might have missed in today's session. we have a pop for mon santo. >> we talked about the stock at half time. this is the best bio tech stock. i think the stock has broken out and trades triple digits. >> half time gave you props on that. >> go and recommend the stock. pop today. good for you. pop for sprint up 7%. >> up 7% today. 130% in the last two months. ceo is doing his job to get the stock higher. he spoke talking about mergers and bigger mergers or smaller mergers who knows and better to compete. >> drop from dell down 1%. >> 52-week low today. absolutely unbelievable. if you don't believe tablet cannibaluation is a real thesis look at the performance of dell. it is not a name i suggest owning. >> pop for facebook up 6%. >> you don't hear that so often. today is the day. pop for fa

fed ex, fdx and manchester united. a terrible quarter not that long ago, but the stock is up nicely from the preannouncement courtesy of european solidarity. i fear that fed ex will reiterate, plus oil went up since they even talked. i would buy this one on weakness, because it has lagged in its transport. it's too high quality for that discount the last. on the flip side, all right, guys, you really got to focus on this, because this i think just an ongoing train wreck. we're going get the first quarterly report from the newly minted manchester united, britain's most popular soccer team. i've already put this flop of a deal in the sell block -- >> sell, sell, sell. >> i don't think it's too late to -- >> sell, sell, sell. >> mau because it's wildly over valued. way too many variables that must go right and ownership that is stacked against you. two conferences start wednesday, the deutsche bank energy conference, i always love that one. and the ubs global life science meeting. talk about a place to learn. sure, we wan

. >>> a bad sign from fed ex.he company is warming the global economy is weak so it's cutting its earnings expectations. its speedy shipping division has been hit hard as customers shift to slower delivery methods to conserve cash as the economy slid down. a lot of folks look at delivery companies like fed ex as an indicator of the overall economy. >>> one sector not having trouble right now is the automakers. lots of people have been heading to the car lots lately. big pickup sales actually carried overall auto sales to their highest level in three years. demand for full size pickups jumped 16% in august. that's in spite of high gas prices. part of the reason y autos are simply wearing out. the average vehicle on the roads now a days is nearly 11 years old. people have no choice. they've got to replace these things at some point. >> getting there. i'm at 12 years old. >> mine's eight. what's interesting is a lot of people are still buying the gas guzzlers despite $3 and $4 gas. >> i'm hanging on. i like having no

. >>> and what this stock fed-ex says about the american economy. there is the chart. it is down about 1% today. you know the numbers. slashing the earnings forecast. blaming a weak global economy. shipments down. a real well weathbellwether. >> all is right with the world. you and i are back together again. >> great to be here. >> terrific. for months now, market watchers and pundits here at cnbc asked, where is the individual investor? how could they miss when rally? jeff cox found them and their cash and apparently they're back, right, jeff? >> they're back. if you look at cash starting to come off the sidelines. the latest american association of individual investors survey showing cash at 15-month lows in portfolios. now, it's an early sign. it's only one survey. but it shows that they're beginning to be confidence now from investors. maybe a little bit of movement now that the summer's over. >> are they putting it in to stocks, though, or fixed income? >> going in both places and that's the big question because the bun mun is coming off the sides and going in to

not only do they host the ravens but rg3 makes his fed ex debut against the bengals. both games can be seen right here on wusa9. nationals were in the big apple facing the new york mets. every run last night came on a home run. nats up 1-30 in the 3 -- 1-0 in the 3rd. on the mounds gio gonzalez was efficient last night. six inning, struck out six while allowing just one earned run. nats cruise to a 5-1 win. they'll be back at it against the mets coming up tonight. i'm kristen berset. have a great tuesday. >> strasburg was shut down but gonzalez has the most wins in the major league. enough said. >>> a major retailer offering parents an alternative when it comes to ipads for your kids. that's coming up at 5:35. >> americans pause to remember those who perished in the september 11 attacks 11 years ago today. here's monika. >>> on georgia avenue at the east-west highway, traffic very light. no problems to report here in silver spring inside the beltway but route 410 at piney branch road is blocked with a fallen tree in tacoma park. i'll have more traffic coming up at 5:2

caterpillar, fed-ex, shipping has gone to recession-like levels. >> taking a live look at the big boardthe dow is down 59. the nasdaq is down 27. s&p down 9. >>> consumers apparently are feeling more confident about the economy than they have in seven months. the conference board reported today that consumer sentiment jumped to -- jumped to 7.3 in september. that's up almost 10 points. analysts say consumers are spending more upbeat because of the housing recovery and rising stock prices. if you need a job retailers are getting ready for the holidays and this week toys 'r' us will start hiring temporary workers. they plan to hire 45,000 seasonal workers. kohl's plans to hire 52,000. that's 5,000 more than last year for both retailers. but seasonal employment is still below pre-recession levels. >>> halloween could set a record. 170million people will do something to celebrate. that's 71% of the u.s. population and the highest number ever. the average person will spend $08 on costumes, decorations and candy this year which is up from last year. that means about $8 billion in total spendi

fed ex is now trading up more than a buck from where it was before preannounced downside. that's the kind of thing that happens when you own and buy on weakness the best of breed. how about celgene? last june they had to withdraw a drug application from europe. they dumped the stock, taking it down to $59 from the high 60s and 70s before that. to me, i told you, i came in here and said it was ludicrous. you had to give bob hugin, the ceo and his team the benefit of the doubt. over and over and over again since we started the show, hugin has come on and told you not to worry in these dips. it's business as usual at celgene. three months have passed. the stock has zoomed from $59 to $73. it is amazing to me how people give up on the best of breed companies whenever they have a glitch. we're watching that same thing happen right now with allergan, maker of botox and other medicines shareholders are penalizing because it didn't blow away the numbers this season. even the ceo just came on "mad money" a last week, last friday. he told you things are on track. the stock is down o

. >>> back on the street, a gloomy outlook from fed ex weighed on trade. the shipping bell weather fell 3% after slashing its earnings forecast due to a weakening world economy. >>> shares of advanced micro devices dragged techs tumbling 10% on news of its cfo's departure. >>> american airlines put 11,000 employees on notice. of those 11,000, 4400 jobs will be cut by december. >>> on the bright side, apple closed above $700 for the first time. >>> some good news for the housing sector. home builder sentiment rose for the fifth month in a row in december for its highest level in more than six years. >>> yahoo sold half its stake in china's alley baba search engine. >>> speaking of dividends, alaskans can look forward to $878 each this year as part of the state's oil wealth sharing. however, it doesn't amount to much if you live in remote fort you con. $878 will buy you just about 59 cans of coffee. better than nothing. >>> coming up the marlins win in extras, a grand slam in michigan, and saying good-bye to a sportscasting pioneer. >>> plus one angel drops

on thursday which is round and suiting six birdies the american and world number two know they're fed ex cup title on a rather tasty ten million dollar prize fund englishman justin rose was the clubhouse leader thanks to this memorable fifty foot putt on the day he is seeking a first tour win since march or for americans one shot further bok. number one rule marco roy is three strokes off the pace he sits on one under par. to ice talking hour as the n.h.l. lockout starts to bite in north america russian stars are returning to the cage shell one of the biggest names in the game alexander ovechkin failed to score on this return to moscow but earned an assist us decide how much time and seven to come to take the top off watch that for us. on wednesday alexandrovitch can certainly go into it with his former club in defending champions. and the very next day all eyes were on the twenty seven year old russian storm marquis hughes first time in the way to mu jersey for over seven years and in the first one it's home to do normal means. buoyant as the home so i was keen big before rooting bill r

today, that company is fed-ex,çó and the picture it paints isn't encouraging.he shipping giant saw its fiscal first-quarter profit drop 1%. it also lowered its earnings outlook for the rest of the year. fedex now expects full year earnings to be a maximum of $6.60 a share. that's much lower than the guidance it gave in june as erika miller reports, that forecast is not just bad news for transportation companies, fedex's gloomier outlook casts a shadow over just about every industry. >> reporter: fedex is no ordinary stock. the company delivers packages to over 220 countries, reaching 95% of global g.d.p. >> fedex has a good view into every aspect of the global economy, and what they are saying is that it's slow everywhere. >> reporter: fedex is also watched closely because it has an unusual fiscal year. it wrapped up its first quarter on august 31. so today's report gives one of the first readings on business conditions during the summer. fedex chief fred smith delivered the bad news. >> while fedex ground and fedex freight improved their profitability in the f

picks brandt snedeker he won the top championship at the weekend as well as the ten million dollars fed ex cup i love things he's hit form just at the right time. now the europeans don't feel they have too much to fear they are they once they have won six of the last eight ryder cups and even though they'll face a partisan crowd in chicago european captain as a bell believes a lot of his team will benefit from playing on the p.g.a. tour in the states while it's obviously completely different to let's see fifteen years ago obviously when you look at some of the european players have their own base here and they play the tour over here they're very familiar with the golf courses around here with their own points and in that regard i think they feel really more comfortable with the whole situation of coming here to the to play the road cup so that is all sport for the moment i'm back with more in a couple of hours time. the new super secret laboratory to mccurry was able to build the most sophisticated robot which will unfortunately it doesn't give a darn about anything turns mission to teach

it was provided by fed ex. the delivery company announced it thinks the global economy is getting worse but we still managed to see some green arrows. the dow stands at 13,564, just a little bit away from its all- time high. it was up by about 12 points. the nasdaq was down by a point and the s&p 500 lost about 2. mgm resorts international is spending millions to try to convince maryland voters to extend a referendum. the company spend about 8.4 million to advertise across the state leading up to november's election. mgm onces to build a new casino in prince george's county in national harbor n. cross-penn national gaming has spent gldz 9.5 million for ads which opposes the expansion. they own the casino north of baltimore in perryville and own a casino in charles town, west virginia just across the maryland boarder. we call that skinning the game. >> spend the money now and save money later. >> a lot of money around. terrible. thanks, jess. >>> a new drug intended to help fight obesity is available now. >> we'

and we finish where we started with football on a week when fed ex stunned champions in each instant petersburg and another must go slump to their seventh defeat twenty seven goals were scored in the russian premier league and he is the pick of them it's goals galore. eleven . eleven. eleven. eleven eleven . eleven. eleven eleven. eleven . i'm. the best i. got as always both by. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harkin welcome to the big picture. mission free cretaceous three. charges free. range and free. three stooges free.

especially brandt snedeker mcelroy last weekend's two a championship to play in the ten million dollars fed ex cup and the american call wife to take on the europeans for the first time. right now obviously an all time high you know it's playing best golf my career backed it up with taking a lead in the sunday last week and winning with a leave the first time i beat some best players in the world last weekend so i feel like my games need to be on friday morning to get a quick enough. now before the russian basketball season tips off next week three test us dollars took time that's to get almost at last an incoming kids here in moscow make a lie child reports. russia came home from the london olympics with a bronze medal the highest finish at the games since the breakup of the soviet union and to help the next generation perform even better russian champion c.s. carr have helped to create the new dream team project which will work with the youth teams across the country to help develop young stars here seconds ago i told the kids this is the only bronze you're supposed to get the gold so our go