don't miss my exclusive with hormel fresh off the acquisition of applegate farms. and then the fed appears ready to raise rates sooner rather than later. you don't want to miss my take on what it can mean for the sector beginning to show signs of life. i'll see if union pacific can get back on track. >> all aboard! >> with the ceo in an exclusive. stick with cramer. >>> don't miss a second of mad money. follow@jimcramer on twitter. have a question tweet cramer #madtweets. send an e-mail to mad money@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. so, how do you feel about cash back? i would not say i'm into it. but let's see where this goes. [ buzzer ] do you like to travel? i'm all about "free" travel, babe. that's what i do. [ buzzer ] balance transfers -- you up for that? well -- unh. too soon? [ female announcer ] fortunately, there's an easier way, with creditcards.com. compare hundreds of cards from every major bank and find the one that's right for you. creditcards.com. it's simple. search, compare, and apply. [ ice r

scarlet: julie hyman with the very latest on hormel foods buying applegate. thank you very much. troy gayeski, my guest right the m&a --oking at $97.7 billion of deals in the u.s. are we going to see m&a in europe take off this year? troy: our view is you will see it take off. the u.s. went through a long hated us in deal activity. get a crisis. just as we started to get going, the euro crisis started to flareup. started to see it come back. that is the point with her mouth. many a creed of transactions building up, building up, building up. -- that is the point with her mel. -- that is the point with hormel. and then you have the tax law advantages as well. so, it made a lot of sense for the u.s. reichel to come back and europe has been lagging. europe typically lags. they have the euro zone crisis, which is far more acute. what you have seen this year is better growthf earningsons, better expectations, qe, and better market performance. we see management teams start to stick their heads out of the hand and say, this is a deal where you are rewarded or punished. it looks like th

hormel buying applegate farms. an loiss eye agree, with hormel's ceo. that's where the growth is. >>> two more restaurant chains moving away from artificial ingredients. taco bell hopes to replace most by the end of the year. it will affect most items, but not beverages and doritos items. pizza hut has eliminated transfats and msg. >> you love your taco bell. >> as long as it tastes the the same we're cool. >>> when we come back a swimmer trapped in a powerful rip current. hear from the man who made the rescue. >>> and make chur of a flight attendant going viral. and it has got her in some trouble. i'm caridee. i've had moderate to severe plaque psoriasis most of my life. but that hasn't stopped me from modeling. my doctor told me about stelara® it helps keep my skin clearer. with only 4 doses a year after 2 starter doses... ...stelara® helps me be in season. stelara® may lower your ability to fight infections and increase your risk of infections. some serious infections require hospitalization. before starting stelara® your doctor should test for tuber

hormel is going to become pc.pam. >> they're trying to expand their business. >> tiffany is buying zale's. >> didn't the ioc get in trouble once for the way they were doing -- >> yes. >> there's huge money in picking cities? >> about $100 million in bribes. how can that be possible. but you're talking about $4 billion in revenue. >> so the guys that are in charge, they're just bureaucrats and they're getting approached by -- it's unbelievable. >> we should also tell you back to hormel for just a second. i don't know where the segue was for that. but the company ceo will join jim cramer on "mad money" tonight. >>> shares of tivo getting a boost. earnings and revenues beating the street. cyber security provider fire eye planet issues $600 million in convertible debt and use a portion to fund their upcoming share purchase program. >>> and toll brothers topping estimates. revenue is a bit short but the company is raising its low end of its average selling price forecast for the full year as demand, it says strengthens

hormel profits came in above estimates. the food manufacturer did say the turkey business could be significantly challenged due to the bird flu outbreak. sales forces trending down today about china's investment in the united states. where is that money going? there is a lot of it. michelle caruso cabrera has the scoop. >> think of this. 80,000 are working for chinese companies here in the united states. that's a huge increase from five years ago when there were less than 15,000 and in 2,000 the number was virtually zero. when you look at the map of the united states, mostly in the midwest there was a lot of manufacturing. north carolina is number one where there were a lot of smith field properties. three of the biggest states with employment had 20 do with the pitcher by a chinese meat company. when you look at money, it's pretty different except for california. that's at the very top with 5.9 billion. they had bigger states where you see a lot of real estate investments which are a lot more expensive. let's talk more abo

again, hormel foods is going to buy applegate farms for $775 million.mel foods by bringing in the applegate product will bring in one of the nation's leaders in organic and natural deli meats, sausages, hot dogs prepared foods of that variety. again, once this deal is complete, hormel will have a stand-alone unit for applegate that will operate autonomously. they have about 100 employees in bridgewater, new jersey. in the statement, the company said a growing number of consumers are choosing natural and organic products. this deal allows to us expand the breadth of our offerings and bring consumers more choice, that according to hormel foods. this falls on the heels of similac saying they'll offer non-gmo products and taco bell saying they're getting rid of the art efficient flavors and colors in their foods. this is part of the trend of people going a little bit healthier. >> thanks, dom. >> if you go to applegate web page, it talks about gluten free lettuce wraps. the trends are gluten organic, natural and protein. this is a really big deal. there was

. >>> and hormel earnings higher than expected but the second largest turkey processor is warning that the bird flu will impact the jenoy o turkey business and expect the sales to fall 15% in the second half of the year but shared popped 4% to 58.14 prls. >>> and pep boys saw shared surgeon talkover talk. they have been approached by golden gate capital and other interested parties. they have a market cap of less than half a billion dollars and shares were 16% higher today to finish at $10.75. >>> cable stocks like cablevision and time warner jumps on speculation that the french holding company altice is buying sudden link for $9 billion. and altice is interesting in buying time warner. time warner was more than 5% higher to close at $166.55. >>> after the bell sales force announce quarterlies better than expected and hiked the full year revenue guidance and shares popped in after hours trading, during the regular session the stock was off 2% to $70.16. >>> williamson omma tops the consensus in the late report today. the same-store sales came in strong but the second quarter guidance w

. >>> and hormel abuying applegate forms, a organic meat company for nearly $800 million, and shares surged but then fell to $66.61. >>> coming up why it is a tough time to be in the taxi business and what some drivers are doing about it. >>> a disappointing start to the summer box office it. was the lowest grossing memorial day weekend since 2001, in part because of the performance of disney tomorrow land which took in just $40 million and that was elect than expected comparing to last year's x man, days of future past which grows $110 million and fast and furious six before that which grossed $97 million. bred lang with variety magazine said it is clear from the results that there is an underlying issue. it does show this problem that hollywood has right how which is diminishing star power it. was a maim above the title was enough to guarantee a big opening with the exception of brat pit -- brad pitt robert downey smith and even will smith is looking shaky. >> he said the movies are surfing because of how much they co a big weekend for car buyers. true car reports that sales were u

hormel foods is buying a producer of natural and organic meats, applegate farms. changel says it will not the message or use of all-natural ingredient. will no longers put out monthly sales figures. they say they will announce june ande sales for then will stop providing the data. because he wasn't sales have fallen for six straight quarters. sales have fallen for six straight quarters. scarlet: 500 feet of cable have been swiped and that has caused delays for hundreds of thousands of commuters traveling through queens. the thieves will sell the power cable for scrap. next halfng up in the hour, malaysia airlines may lay off thousands of workers. this will have some serious implications as malaysia air looks to be a regional carrier. scarlet: investing in the future of asia's biggest gambling hub. an inside look at mccalla's biggest casino. casino.'s biggest new let's go to julie hyman at the breaking news desk. more on the fifa scandal story. julie: i wanted to bring attention to something we often in technology -- broad, was trading higher. it has spiked higher

who mel-- hormel has spam. we always associate hormel with a product that's canned as can be. stays fresh as the day it was canned. i think this is a water shed deal because they're going to force a lot of farmers in this country to go organic and natural. that's the way of the future. they got to get the ag business to buy in. the farmers are going to be dragged kicking and screaming into what the my len millinials want. >> can they be here without having a chemical reaction between the bacon and spam and fresh, nice. >> you think mcdonald wins over ettinger and gets that stuff? >> i had chipolte and talk to me about the 80 different ingredients in a taco. >> did you notice some of that is coming out? >> the color has turned out to be more artificial than i thought. there's like a yellow number six and a red number. i remember ronald reagan red dye number two. i didn't know they were able to dye food so efficiently that we believed. >> we believe. who knows, ketchup may not be red. >> is soil and green really green? >> you know what that is. i don't need to tell you. >> he ha

hormel is having a nice day. $2. stuart: i was born and raised on spam. ashley: me too. >> what?i'll tell the story. when i was born right after world war ii there was still food rationing in britain and we lived off stuff americans sent over including spam. look at me now, is there anything wrong with spam. ashley: you're not eating spam anymore. >> i grew up on pruscuitto. stuart: on what? >> pruscuitto. stuart: spam should be fried, by the way for maximum enjoyment. along with all other british foods. [laughter] >> that's very true. stuart: put the big board up. >> the food in britain. stuart: there you go we're up 100 points. let's not ignore that while we talk about spam and soccer. let's not ignore. listen to this isis suicide attack in iraq killed at fallujah. marines taking that remember that name? one said he had an isis convoy in his sights, but he couldn't fire because of bureaucracy. questions for lieutenant ralph peters how do we fight and beat an unconventional enemy like this? the colonel is next. first though look at this please. it's in texas, it's a dam and it's

. >> it's interesting, was hormel makes spam, which is you -- >> all-natural spam, they take it right from the spam-imal. >> very natural. [ laughter ] >>> oh, boy. >>> a san francisco doctor is treating patients with the illegal drug ecstasy and the fda says it's okay. the drug scientifically known as mmda, the doctor has received government approval to hold a clinical trial. he's going to use that drug in conjunction with intense therapy sessions to help people with extreme anxiety or depression, especially in end of life situations. >> it tends to bring on a sense of mood change, of feeling loving and caring, of being more accepting of one's own failures and difficulties. >> if this current 15-month trial is successle mdma will be used to treat much larger numbers of people over a two-year period >>> rob joins us with a look at our forecast. are we going to get back to normal temperaturewise? >> i think friday. another reason to look forward to friday. we'll see temperatures today starting to warm up a bit out towards the tri-valley, but this morning more misty skies. two places th

canned hormel chili and day-glo orange cheese-like substance dropped like a deuce, another roller infeels like you're holding warm crap in a bag. if you closed your eyes and i put this in your hand, you'd be very worried. colostomy pie. yet, it is also delicious. neither the frito nor the frito pie are indigenous to new mexico. they were actually texan. in new mexico you have many wonderful things. i think let texas have this one. i've managed to reach a depth of self-loathing it usually takes a night of drinking to achieve. combine a free throw owe pie experience with a night of binge tequila drinking and a strip club. ♪ >> a warm, spreading glow fills my belly as i set out once more in my mighty ford galaxy. yet i am also depressed. frito pie. i smell metaphor. speaking of explosive diarrhea -- did you know that the first ever atomic bomb was exploded in 1945 in the desert of new mexico? sushi bars, galleries, massage studios. crystals? we got 'em. >> i think i need to adjust my meds or something. i just see dark portents in all of this. >> well, there are a lot of dark portents. >

hormel foods, that is, the maker of spam. that committee coming up with beat estimates.ales missed estimates, but the company's forecast for the year as optimistic enough for vote to be buying their shares today. spiritsank you so much scarlet: a look at top stories crossing the terminal. railroad ins lay muslim for the deadly and track crash pointed out a major problem. they say locomotives should have a second crewmember. the engineer was alone in the cab. ingress stop requiring two 1983. alix: looking for gas under three dollars a gallon, stay away from california. in los angeles, paying more than four dollars a gallon, the highest price in the country. it reduced the supply -- the reason, reduced supply because of a refer any explosion. california is the toughest clean-air rules in the country. they do not have a lot of pipelines into the midwest. scarlet: the owner of american pharaoh has sold the breeding rights of the triple crown hopeful. in centrals a farm kentucky. no word on price, that it has been said the family that owns american pharaoh has been flooded wi

just yesterday, another outbreak in iowa, hormel's jenny o unit laid off people in minnesota becausey don't have enough product. here's the good news in addition to the fact that perhaps that humans have not gotten this. there's a lot of turkey in storage right now. take a look at latest numbers from usda. about 23,000 tons of turkey breast in stores. all frozen turkey, 173,000 tons in what i like to call the strategic turkey reserve out there. it's possible that we won't have problems this thanksgiving. we visited a poultry operation just when this outbreak really started to gain steam, liz, and you know it's very difficult. once you get obviously any kind of outbreak in one of the operations, very difficult to stop the spread. you got to kill everything. it's not pretty. liz: no. jeff. this and order the frozen one, freezer burn on a turkey? i don't think so. closing bell, 15 minutes away, our closer says there is a lot for you the investor to worry about. if you hang on for the wild ride, it's worth it. our next guest explains. have you touched the stuff?. it's evil. and ladders..

shares of hormel are done in part because of that news. >> morgan brennan, thanks very much on the updatey very well have an impact on restaurants including panera bread. the company is in the news as it became the first national restaurant chain to publicly post a comprehensive list of all artificial additives that it plans to remove by the end of 2016. >> let's bring in ron shaich, the ceo of panera bread. welcome back to cnbc. nice to see you today. >> great. good to see you today. >> why did you make at announcement that you did? >> it's something we've been working on for over a decade. it goes back 11 years ago when we first -- we were the first restaurant chain in the country to remove from our poultry antibiotics. it continued six years ago when we removed all nonnaturally occurring transfats, five years ago when we were the first national chain to essentially post on our menus caloric information. a year ago we announce a new food policy. consistent with that food policy we want to remove all artificial colors, flavors, preservatives and sweeteners. it's a no-no list 150 odd ingr

or else hormel which is going to be on the show later this week which not have just bought applegate farms, one of my absolute favorite natural and organic food plays in your supermarket. i don't want to give up on whole foods, but i recognize that right now it's going lower. sharon in texas. sharon. >> caller: hi, jim. how are you? >> i'm good. how are you, sharon? >> caller: i can't see russia from my front door but i can see a very depressed oil field from my front door. >> fair enough. >> caller: should come check it. i'm calling today about box. i bought a good price after the ipo and then it wept lower and i bought more and it seems to be stagnant. >> they've got to tell a better story. the narrative they told in the last call was not that good and they have to really start explaining why their market cap should be bigger than drop box, which right now in the private market is valued about four times their value and even though they've got the commercial and drop brox box is free for a lot of people. they have to tell a better story. otherwise, it's not going to do anything. ho

yesterday, hormel stock. what did it do?paid up for natural organic company, and the stock went up more than 3%. they are all driven by a simple fact. there are too many companies fighting for chers not enough customers. and those customers are finicky tough and demanding. the more mergers, the more power to the suppliers. as we'll see later in the show, when we speak about this with the ceo of southwest air, it's been a huge beneficiary. stocks going down because maybe not enough consolidation. here's the bottom line when you get a monster deal like avago buying broadcom you're seeing companies attempt to take control of their own destiny by grabbing more customers or limiting the competition. these deals may seem frothy to you, but they are do or die to the participants. and if you're a shareholder you should prefer the doing to the dying. curtis in north carolina. curtis? >> reporter: professor cramer thanks for taking the call. >> no problem. i love getting tenure. what's happening? >> caller: jim, with reference to twit

the latest outbreak, the newest one at a farm in iowa, jenny o, the hormel turkey arm laid off 233 peopleocessing plant in minnesota. hard hit state minnesota. now on the good side on the positive side, we have maybe you didn't know this, in this country something akin to the strategic oil reserve for turkeys. take a look at numbers from usda maybe i'm sort of making this up a little bit. i'm not make the numbers up. there's a lot of turkey in cold storage right now. according to the usda 23,000 tons of turkey breast in cold storage. whole turkeys, 90,000 tons, in total 173,000 tons of turkey in storage. the fact is most of the turkey we eat at thanksgiving has been frozen for a while. it actually keeps pretty well. we were out at a turkey processing -- a poultry operation a couple of weeks ago and the scary thing out there is if this continues, you know, right now we don't look so bad, for the guys that like fresh turkeys if we get more of a spread you may not get fresh turkey at thanksgiving frozen turkey you are probably okay on. gerri: jeff thank you for that. appreciate your reportin

carmel, the maker of spam -- or mel -- hormell, the maker of spam, getting into the organic foods business processed foods they have been making acquisitions in the natural foods industry to try to tap into the growth. stephanie: that makes me gag in my mouth. spam, going natural? taco bell all natural? except we have a shell made out of under burrito. julie: it will be a separate unit within. spam will not go organic. that would be an oxymoron, wouldn't it? erik: yeah. where briefly, i want to go back to the point the tracy -- the point that tracy was making about investors being concerned and having to pay the people who are borrowing the money who in theory should be the paying for the luxury of getting credit. what does that say to you about the world we are living in? >> that monetary policy is too aggressive around the globe,. . one of the negative impacts of being that aggressive is think about the fact that we have been zero bound. we never went into real interest rates. to the extent that that is happening in europe it becomes a concern if you are the person lending the money, rig

hormel foods buying applegate farms for $775 million. the largest for the company. trying to get more into organic and healthy foods. they are up 3.5%. >> taking place in california. julia? >> thanks so much tyler. ceo of cvs, thank you for joining us. you mentioned you have been meeting with eddie q and will be participating in an apple service to launch this. >> it's an early discussion, but apple tv is talking to many of the broadcasters and cable companies that are making after offering and when apple calls, you always listen. everything they have done has been interesting. >> what will your role look like? what will app ep tv look like and how will they compete with the rest of your offerings. >> we are in an era where the bundles are changing. sling offered a different service. they offered a different service that may not carry 200. apple is talking about something similar in that it will be less than that lower price and a different offering that is digital. it is online and we think in that universe we will do better in a 15 to 17-channel universe. they wil

this is what hormel talked about. the supply chain is not ready to meet the demand of what chipotle has. humane pig treatment has been a big issue. they torture the pigs at some of these manufacturers. they put them on slats. the short, unhappy life of a pig. >> yeah. it's kind of like a piece of veal not going too well for baby cows. >> funny corveal -- he was on the first letterman. >> we'll lose bob schefer on sunday. >> let's get to mary thompson on the floor. >> a weak start to what will be a mixed weak for the markets and the end of the second strongest month of the year for the markets. dow and s&p set to close lower for the week. nasdaq of course has been showing gains what we want to do is take a check of the transports. yesterday following into correction territory. extending those losses today, down 71 points. certainly apong the weaker performers in early trading here at the big board. one area of strength could be semiconductors. you heard david talking about a potential deal between intel and altria. sem

another name to check out, hormel foods.er the past month, and that's because it's turkey segment has also experienced a supply crunch, the reason you're seeing temporary layoffs at one of its plants. three companies that have been largely unaffected by bird flu but that you need to keep an eye on are tyson foods pilgrim's pride and sanderson farms. these companies their business is largely broiler chickens which up until now have been largely unaffected by bird flu. but as the year unfolds and this virus continues to spread to different parts of the country those names could be impacted and the other thing you'll want to keep an eye on if that happens is grain futures, particularly soy, since more dead birds would mean less demand for that commodity. >> morgan brennan thank you very much. for more on the winners and losers check out cnbc pro. you can find it at powerlunchcnbc.com powerlunchcnbc.com. i saw the sign, small animals. was that a doggie door? >> where do the big animals go? very important questions. one-year equa

as for the outbreak as that escalates, the stocks to watch, egg producer hormel for turkey and if broilers fall. sanderson farms, pilgrim's pride and tyson which is already seeing demand for dark meat chicken weaken because mexico are imposing poultry import restrictions. we got that that insight from them last year. so, i just want to mention, guys, the usda and the cdc both say that bird flu strain poses little risk to humans and no cases have been detected at this point. largely, the impact is going to be on supply and prices. >> that number it's not affecting broilers but the number that you gave puts it in perspective, doesn't it? 8.5 billion. that's -- so you're talking about turkeys and other things at the 21 million. but 21 million versus 8.5 billion shows you what a huge market it really is. you don't know how many eggs. can you get me a number on how many eggs are produced in the u.s. every year? >> just under 100 billion eggs per year. i believe the number for last was 99.8 billion eggs produced. the majority of those come from iowa. >> what are 99.8 billion. that's like -- you

. >> among the companies reporting quarterly results before the bell target staples, hormel and lowe'sjust hitting the tape and fell short of estimates even though home depot was pretty good he's fighting to reduce bail condition and it will determine whether he'll be expedited to the u.s. it was looking at an article i saw yesterday by one of our competitors that was tracking at&t versus apple. it's already doing better. >> and they call it the dow jinx and we'll see how long it lasts and it just also happens. apple made a base here and it looks like it wants to take on 800 billion and then who knows, maybe it's a trillion. >> no tv right? did you talk about that yesterday? >> no tv. >> i thought they said that later in the day. >> we said it here yesterday. >> that was two days ago -- i don't want to say it we were probably a little late to the game yesterday. >> two days ago. >> yeah really. but just to be clear just to the physical they're not going to make a fiscalphysical tv but they're going to make a better box. an awesome crazy box. >> i thought it was going to be an ultrahigh

they are taking ingredients out or buying their way into the healthy gain, and hormel is buying applegatend organic meat company, and millennials want more natural food even in their junk food. here is a tip. moving the artificial flavor doesn't make a deep dish pizza on its own more helpful, and a balanced diet and moderation is the name of the game. >> i thought it was going to be a salad. that's too bad. >>> the death toll rises in texas and oklahoma, and more than a dozen people still missing. we will talk with a man whose daughter-in-law and grandchildren are lost in the floods. when cigarette cravings hit, all i can think about is getting relief. only nicorette mini has a patented fast-dissolving formula. it starts to relieve sudden cravings fast. i never know when i'll need relief. that's why i only choose nicorette mini. guys, it's just the two of you. the setting is just right. but here's the thing, about half of men over 40 have some degree of erectile dysfunction. well, viagra helps guys with ed get and keep an erection. and you only take it when you need it. ask your doctor if