, weston wilson, acting under protected whistle-blower status. - the former chairman and ceo of halliburton within aew monthof comin intoto offe asas ve president, he wasressurin the admistrator epa, chriie todd-itman, exemphydraulic acking om the se drinkingater act regution. fromy own pot of vie as a thnician, i just thohtht it ry a alaing that epa technalally hahad scribebe how ticic the mataterls arere xic at the pointf f injeion,n, and stl l comeut withth summary that ss s theyon''t needed to be reported or gulated. that led me, inin t fall l o'04, to object on technical grounds. then the inspector general of epa began an investigation of my complaints. and seraral mohs i intthat,, congssss toothe e rert om epa sayinghahat frkingng did nonopresent a risk, along wi oththernforormaon, and exemptedydydraul frackin fr regululion under e sa d drinkg wawateact. that leaves you and i as the american public in this position: we cannot know what the industry injects in ouranand. it is emempt fr beingngeported. - there are dederal la thatrotect our eironment like the can air a,, thclean n ter ac

their two biggest competitors, halliburton and baker hughes. they're generating solid cash flow. in a bit of a blip with everything else in the energy space but if energy is more on an uptrend down a downtrend, which we think it is, slumberge should outperform. >> do you like the market at today's prices? >> the market as a whole is pretty fairly valued, right? we think that with no or -- no earnings growth and earnings contraction, trading at 16, 17, 18 times, depending which multiple you're looking at, is expensive. until we see overall growth in the market we'd rather pick individual companies and sectors that we think are poised for growth. it's better than what the market is offering now. >> michael, thanks very much, fbb capital partners. >>> from a barbershop to a multi-million dollar hair care business, an entrepreneur's hair-raising success story in "how i made my millions." >>> here's a look at what to watch next week. monday apple's worldwide developers conference begins. this year's theme appears to be software. on tuesday retail sales from may will come out with ques

halliburton up more than 4%, phillips also 2.7%. these are food commodities. at what is happening with wheat, corn, and soybean. they are all up. , this is getting a november high. the reason is whether-related. a lot of rain in russia is slowing down the planting season and raising concerns there may be fungal diseases. with corn, whether is also an issue. up 2% here. it is a 10 month high, but this is a lower south american outlook because of weather. b mo is saying falling south american profits and more demand from china is affecting the price. you got stuck about fertilizer we talk about -- you have got to talk about fertilizer, and this is falling. products --saint the chinese economy will keep buying more and more potash. 6.3%. is up betty: thank you so much. vonnie: bloomberg recently launched a gender equality function that provides investors with valuable reference data on gender equality. accesss you can statistics and product offerings and whether companies support gender equal legislation. some of the biggest companies in the world. betty: new res

highest level since july of 2015 , helping only oil and natural gas guys, especially transocean and halliburton, at its highest level in a year. these oil services got only wrecked. it of course makes sense that they would rally is oil did. scarlet: looking at currencies, investors on friday sent the japanese currency to its biggest rally since april following a week jobs report. of course, the pound is also under pressure with the greg -- votes it -- brexit coming. 45% of those responding are in favor of leaving the eu as opposed to 41 percent in favor of staying. at one point the sterling -- sterling was down to 143.53 area .53.-- joe: there's a chart of the two year yield that popped briefly after the yellen speech on the short-term, popping briefly before coming back down. on the flipside on the 10 year yield we had a bit of a decline right around that speech, some flattening with a rally back by the end of the day. ultimately, kind of some interesting intraday moves that were ultimately close to flat. alix: the bloomberg commodity index, this is part of the reason that orange juice is at i

exxon, halliburton, chevron, sun core, only chevron moving higher.tephen guilfoyle, sarge, how are you? >> good, how are you. liz: a risk of a sell-off is rising, but the volatility or fear index just looks too calm right now, and they're calling for perhaps 20% sell-off in the s&p. do you see that? do you agree? disagree? >> i mean, not really. there's always a chance, i'm always a little afraid, that's why i hedge my bets and buy protection, but with the dollar this week and if it remains this weak, that's constructive for the equity prices and the commodity index. if gold hits 1275, anything can happen, it can go 1325. look at railroads the way they're moving on the commodity price wings. there's a lot of construction happening here. not destruction. you have a right to be nervous and should be nervous, but i'm not going to let it control what i'm doing. liz: ira before stephen gets into iron or exports, i'm nervous here. get your thoughts on dow 18,000. how important is it to close at or above it today? >> i don't think it's that's important. the

the market and you're going to see a case where a lot of guys need to if anything amp up cap ex, halliburton if anything i'd be sizing up for that one. >> as we head to break, oracle, rallying after earnings, call under way. we'll hear from both ceos on the quarter and competition. i'm melissa lee and you're watching fast money cnbc first in business worldwide. meantime, here is what else is coming up on fast. >> volatility picking up but stocks may have just flashed a secret buy sign. we'll tell you what it is. plus redstone pushes viacom ceo philip philippe dauman. he's back with a bolder call. he'll review it when fast money returns. can a toothpaste do everything well? this clean was like - pow. it felt like i had just gone to the dentist. my teeth are glowing. they are so white. 6x cleaning*, 6x whiteningá in the certain spots that i get very sensitive... ...i really notice a difference. and at two weeks superior sensitivity relief to sensodyne i actually really like the two steps! step 1 cleans and relieves sensitivity, step 2 whitens. it's the whole package. no one's done this. crest

you want to buy the beleaguered free port and the chesapeake on the oil and gas side along with halliburtonon the service and drilling side. not to mention dover, a peripheral manufacturer of oil drilling parts has had a bit of a run. all these stocks represent bargains if, but only if, oil goes to $60 and natural gas climbs to 3 bucks. that seems to be the new bet because stalwarts like exxon, chevron are already up. these higher oil and gas prices have also driven caterpillar back up to $78 from just $69 only a few weeks ago as their equipment is vital for more oil drilling. that stock's driving the shorts crazy. here's the bottom line. the answer is that the rally in both fuels does make sense. higher demand and falling supply will always produce a better price. watch that friday rig count now, though. that's what stands between $50 oil and $60 oil, and right here all these reach stocks need crude to rally to those upper extremes to justify the moves. otherwise, i promise you, you will regret buying middling to worse of breed, and you'll wish you stayed with the strong ones. much more "m

baker hughes in halliburton may or may not happen.testing that when picking you see a fair amount of friction in the anthem merger in the health care sector. they're not getting along so well on getting through antitrust. tom: is synergy now the same as it was 10 years ago? bob: there are two types of synergy. there are sales and costs. a deal has to increase the topline and give you an opportunity to reduce costs. if that is true, you have something called synergy. when you get into companies that are so large they can become hard to manage through that process. large collections of human beings don't believe the way we think they are going to. tom: really? he just defined children in the family. large collection of human beings. francine: we speak with the former president of nigeria. treasuryalk about his and his administration. we will talk about if the country can diverse five. we are heading for a new day low. watch for technical support. ♪ francine: welcome back to "surveillance." tom keene is in new york. we have a very specia

say about bernie sanders howe of the hill sanders is sitting at approximately 39,000 votes behind halliburtonnd at this point it does not live the for bernie sanders as far the other measures they say right now is nothing but as a tight race relations suspenseful novel, the suspense as far as this time around they are happy the turnout is much higher and the 2012 presidential election. >>mark: donald trump has won the california primary he is the only canada and the standing area requested number of delegates needed to offset clear the domination even with the of the job of a rift they did devote. . >>darya: it results also producing an historic first with the two finalists in the november runoff of the u.s. senate seat being vacated by boat from the same party. >>darya: we have the team coverage of all the results from the election in: the local proposition we have a with a measure and in measure a j. >>james: the comes of the contra costa county measure and would continue at half price of tax in pittsburgh is to fund programs for gang prevention double the department and a host of of the fa

baker hughes and halliburton is an example. it was in limbo a long time. for some, there was a break up fee, but in reality, some companies are out 12 to 18 months with a lot of uncertainty. alix: those companies then put in cost cutting measures. so you put off things you do to compete. scarlet: is that a sign the m&a cycle is topping out? it is not clear it is topping out, though it is less robust than last year. the factors of volatility are still there. you still have limited organic growth opportunities globally. you have companies with a lot of capacity on the balance sheet, either with cash or to borrow money at certain rates. think people are more cautious than a year ago. scarlet: what do you look for to signal the coming end of an m&a cycle? gregg: a more prolonged drop off in activity. a slowdown to note in the pipeline. we have not seen that. dialogue between companies and ceos are there, but they are not pulling the trigger as fast as last year. alix: does it not matter why these companies are getting involved in m&a? you are the eternal optim

you saw ex-son, halliburton. these were stocks bought earlier in the year for exactly that reason.yield blue chip stocks because it looked like as we ended the month there was going to be a rate race. it paid off for them in terms of yield. exxon is up 12.5%. >> what about the overbuying we saw in may and again that old song about selling in may. why do you think that that certainly wasn't true. >> no, it wasn't true. you know, it was the biggest percentage gain we've ever seen in the history of doing it. so that's really interesting. as we bought up, at the end of the month, near 2,100 at the all-time highs that you guys talk a lot about today. it paid to be buying stocks for people in may and it's really interesting. if you look over the last if you're, actually june has been the worst performing. may has been up, i believe it's the third year in a row. albeit 1%ish for the years but it's been higher. >> do you think june will be a good month for the oil stocks? >> you know, looking at oil right now, it does look at because of unfortunately what's happening in florida that it see

there were people like halliburton that got contracts from the federal government and the department of justice. the department of defense as well. these workers were cleaning up our air force bases and they have not gotten paid yet. advantage,d take contractors would take advantage. once they had finished the job and had done rebuilding, they said i will not pay you and call immigration on you or the police. to this date, there have been filing under the federal labor standards act in order for you to be paid. some of these workers worked 14 hour shifts. it is a shame that to this day that we have not paid some of them. basically it has a lot to do with supply and demand. if they are not hiring illegally, they will put a stop to it. we are going to seek the laws that are going to help people be able to stay here. a lot of people come through immigration routes such as the professional leavvisas, creating jobs for the community. we have 40% of fortune 500 companies that were created and started by immigrant entrepreneurs. we have a lot of people that come through proper legal channel

but higher in oil companies and also some of the, you know, drilling companies like halliburton, for, the one that's will benefit from the recovery in industry capital spending which is really the next thing to watch. how these companies begin to put more rigs back to work as they feel more comfortable about the commodity. so that is going to be a really big thing to watch as the year concludes and we see what the 2017 capital budget are shaping up like. >> if you're right, capital budget should go up. we lost a trillion dollars in capital spending over the past two years. very bullish on oil. thank you very much. we'll see you again. >> thank you. >>> all right, still ahead, the most attractive companies to work for according to a survey of more than 400 million members of linked in. we're going to tell who you brought home the corporate tiara. >>> linked in is ranking the top companies in the world where employees want to work. the list draws on billions of actions from the 143 million members. our own reporter is live if san francisco with more. >> tyler, never mind canty, ping-po

there were people like halliburton that got contract from the federal government and the department of justice and the department of defense as well, and these workers were bases and they have not gotten paid. some of them were taken advantage of and once they had done the rebuilding, they said we will not pay you, we will call immigration on the police, such a this day, they have been filing under the federal labor standards which is not -- which does not work iru to have federal papers to be paid. it is a shame that to this day, that we have not paid some of basically it has a lot to do with supply and demand. if you will not hire anyone illegally, then they will not come. job as the immigration attorney is to see clause that will help people be able stay here. creating jobs for the community, we have over 40% of our fortune 500 companies that were created and started by immigrant entrepreneurs, so we have a lot of people that come through this offer legal channel, north american free trade agreement as well as professionals, so we are bringing a lot of people when it is convenient f

. $3.5 billion from halliburton.using some of that money and being thought of as a takeover target and then another name that never gets any mention on air, is albemarle. they're a specialty chemical company. the stock pulled back from the recent high, growing at really tremendous rate and what they focus in on is making lithium and lithium goes into batteries. jim and david were talking about driveless cars. really the first move in this advent of new car technology is going to be electric vehicles. so there's some big wire houses out there that are saying electric vehicle market is about 3% of the overall market right now going to grow to 25% in the next 14 years. 3%s to 25% and they're going to be running on batteries, ab ber moral is the stock for you. >> thank you for coming on and discussing your ideas in this market. bill and bob, good toj/iqç you. >> thank you. >> when we return, on the way back we have ambassador of the eu to the united states, david o sullivan will join us. what the brexit means for relatio

but when you have schlumberger lay off tens of thousands, halliburton lay off tens of thousands and never see it in the numbers, now you see them in all sorts of manufacturing. you want to know is it digitization. did it all come home to roost in a four-month period? i mean, that's hard to believe. >> hard to believe, but i think your point on oil and gas is an interesting one because we have sat here and we've been dealing with this low oil price now for well over a year. and the con come by nant decrease in production and yet wondering when those numbers given how much of a positive it was for employment over the last let's call it seven years. >> and this is what you're seeing. i think a lot of these categories that they use don't really jibe with oil and gas. it's like where are the oil gas, are they in mining, whatever, but the pipeline business has fallen apart. . dozens of pipelines were supposed to be built and you hired those workers and they're gone. crude by rail, that's an industry that's dying. interesting rail note today that is a little too bullish for me. you had retail, d

well, fmc technologies and halliburton. mornings with maria after the break when a moment turns romantic why pause to take a pill? or stop to find a bathroom? cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. do not take cialis if you take nitrates for chest pain, or adempas for pulmonary hypertension, as it may cause an unsafe drop in blood pressure. do not drink alcohol in excess. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury, get medical help right away for an erection lasting more than four hours. if you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. ask your doctor about cialis and a $200 savings card. maria: good friday morning, everybody, welcome ba

and for those higher ms just comes on the heels of halliburton baker hughes, pfizer, allergan, staplesjust to name a few. >> political problem here with obamacare. there is only one health insurer is 650 counties and just one insurer in the exchanges and alabama have and five other states. they don't want the merger because the people are saying wait a second, one health insurer, not liking it. stuart: no marketplace if they let the merger go through. >> one insurer would dominate. drain to replay that video, please. they disney employees fending off an alligator a couple feet away from gas as they ride splash mountain. they have no idea what's going on. that is bad pr. more on that story there. the sequel to "finding nemo." a huge success is called finding gory. took in $136 million athe box office this weekend. that's a record. keith come to you first. with a movie like that and a bag pr story in the background, are you buying disney at 100 bucks per share? >> disney is a compelling buy. it's got a lot of brand value. the theme parks are going to be absolute monsters. in shanghai. th

there were people like halliburton that got contract from the federal government and the department oftice and the department of defense as well, and these workers were bases and they have not gotten paid. some of them were taken advantage of and once they had done the rebuilding, they said we will not pay you, we will call immigration on the police, such a this day, they have been filing under the federal labor standards which is not -- which does not work iru to have federal papers to be paid. it is a shame that to this day, that we have not paid some of basically it has a lot to do with supply and demand. if you will not hire anyone illegally, then they will not come. job as the immigration attorney is to see clause that will help people be able stay here. creating jobs for the community, we have over 40% of our fortune 500 companies that were created and started by immigrant entrepreneurs, so we have a lot of people that come through this offer legal channel, north american free trade agreement as well as professionals, so we are bringing a lot of people when it is convenient for u