. >> thousands of people are still without power right now, and jeff smith reports from dallas now. >> reporter: crews are hard at work here at the arlington baptist college, clearing the debris away. you can see them behind me now cutting through all of this lumber. the roof was peeled back almost like a sardine can, and then thrown down on the parking lot during those storms last night. there is a lot of damage, including to six cars that you can see there that are badly damaged or destroyed. some of the cars are flattened almost, completely devastated by what happened last night. the winds here up to 80 miles per hour. fortunately, a few students had some minor cuts from shards of broken glass from broken windows. only one student had to go to the hospital very briefly, because she had some cuts to her hands and her ankles from the broken glass. but she will be okay. other than that, no one was seriously hurt. no one had any major injuries at all, which is almost a miracle when you consider the damage left behind here. in total, about 60 students stay at this woman's dormitory buil

jeff smith did make remarks at the darden meeting.i love olive garden unlimited bread sticks. i love unlimited soup and salad. we fully understand the core offerings. what sets us apart and we need to accentuate our core. the "we" not enforced. he will be one of those board members. they are independent directors, but he picked them. >> good yield. we are seeing the same thing. consumer package good stocks are doing well. utilities. i'm seeing good dividend boost there. banks doing well because they love the volatility. jimmy lee was on yesterday. volatility good for jpmorgan. you've got these stocks that are going to rally today. they will rally. they are oversold. i think at a certain point, how much do i want to pay? >> getting headlines out of map. map pharmaceuticals saying they are taking new steps to increase production of the ebola treatment. >> this morning they said they couldn't. >> it's very difficult. they have to do it in tobacco plants. they are working with the gates foundation along with others. that is a big story ov

programmed some of the sap far clear supervisors to have specific questions to the county executive, jeff smithnd are asking for updates on the training of hospital staff, county fire and first responders and what to do with disposing of medical wear, the specialized equipment that is available and community indication for transportation hubs like airports and bus stations that could require screenings of individuals. today the governor is scheduled to meet with the largest nurse's union to discuss preparedness at. 40s and other health facilities. though want more protective gear and training for workers. >>> toys 'r us is taking heat for action figures that feature characters from "breaking bad." a woman launched a petition to have the figures removed from toys 'r us because they have a detachable sack of cash and a bag of methamphetamine. the star is spending to the controversy and superintendent south a tweet, i'm so mad, i am burning my florida mom figure in protest. >> ought fashion world is mourning the death of we oscar de la renta who is known for dressing celebrities, state women and f

that company appointing starboard values jeff smith as chairman and naming jim lee as interim ceo replacing clarence otis. skyward solutions getting a nice lift raising revenue forecast. >>> and google turning up the heat on amazon. the tech giant expanding express delivery service and will begin charging a membership fee. >>> new episodes of the profit kicks off tonight at 10:00 p.m. eastern and pacific. you can watch it here on cnbc. . marcus bought the struggling cupcake chain crumbs and is in manhattan. how is it going? you have quite a crowd there. >> i can't believe the crowd. you look at the table and look across the glass and all you see is cupcakes and bagels and muffins and biscuits and brownies. by the way, we have wicked good cupcakes from our friend kevin o'leary. one of our first days that we are open. we think that this is going to be amazing. you can see by the line that it is phenomenal. it has been a giant undertaking. 120 days since we announced the acquisition and went through the bankruptcy process. these are all employees that were with us before. >> first of all, cong

i don't think the next jeff smith will stop banking the drum on there's a lot of money to be captured there. that's a huge arbitrage opportunity, and you're not going to -- wall street will not yelling and screaming about it until something happens. i think what will happen is you'll end up having a small yahoo that's a spun out independent company and some other -- some other way that maybe this investors holding company that holds alibaba and yahoo japan as a separate company. maria: i don't disagree with you. i think alibaba could be a part of it. something has to give at some point. the stock is up. as people buy into the company thinking it will get acquired now. >> right. yeah, when you look at the stock performance, you can certainly say that it's been friendly to shareholders. the question is -- maria: thank you, activities. >> and how much was created around the situation around alibaba and also the anticipation of yahoo being an acquisition target and how much was belief in the potential for this thing to be a big jawinger naught and executing a strangle. i don't know i thin

jeff smith is the key guy. he is extremely smart, very good at what he does.oing it for a while. >> what was the biggest success? quicksand had tons of successes. aol, -- >> may have had tons of successes. aol, for example. the sox have been amazing. >> are you surprised they are taking on bigger targets? >> it is easier these days to take on bigger targets, even in a situation like yahoo! where they have clearly lesson 5%. it is easy -- alas then 5 -- because they clearly have a less than 5%. harvard was a professor, robert kaplan, who joined "surveillance" this morning and he gave the reason as to why it seems that the activist investor is the new rockstar in the investment world. this is what he said. >> when you look at the rise of exchange-traded funds, it is harder for hedge funds to outperform the market. i think activism is a new form of investing that so far, by and large, has outperformed, and i think as money managers look for ways to differentiate themselves, i think activism is here to stay and will probably grow, mainly because it is hard to outp

comments on the conference call -- it is as if they were a point by point rebuttal of everything jeff smith, the activist at star board has demanded, without actually saying his name or star board's name. >> as he said, it is all good and they beat their estimate. the algorithms said bye-bye. that is why it is up today. >> momentum. >> yeah. there were a lot of things that troubled me and i was concerned. >> do tell. >> there is the hockey analogy that you play to where the puck is going to be not where it is at and i feel yahoo! is playing where the puck is that. and thatfocused on ads was the story five years ago. it is not really where it was -- where it is in five years. >> what about the fact that she says we were able to reap the fruits of what we have been selling over the last few years -- sewing over the last few years. i scratch my head because if you have made billions of dollars in acquisitions, shouldn't your revenue rise more than 1.5%? >> right, we paid for,, and they will make $100 million, and that means that will take them 10 years to make money off of tumbler? andare look

shares trading up by nearly 8% and darden restaurants, naming jeff smith, jeffrey smith, as its chairman and company's coo jean lee as the interim ceo. darden up by about 2.5%. flip side, signet jewelers losing ground after the ceo barnes resigned and replaced by president and coo mark lite. see the shares down 3.5% and end with one of the major bank earnings for the season. wells for fargo matching for estimates. the shares you can see there down by 3.5%. a bigger decliner on the overall session. back over to you. >> thank you for now. >>> let's dig deep sbeer the numbers. >> joining us now is john shusberry. >> nice to be here. >> interesting quarter. you matched, obviously. margins clearly seem to be the biggest issue. i'm just wondering sort of what visibility you have in this economy, what interest rates is telling us and affecting your business. >> sure. well, first of all, with respect to the quarter, it was a great quarter with profit, loans were higher across all categories and deposits higher, as well. so we feel great about that and set up nicely i think for the coming period.

appointing jeff smith as its chairman and named chief operating officer jim lee as its interim ceo, replacingis. darden shares up about 1.25% as jeffrey smith of starboard value takes over as chairman and gene lee as interim ceo. >> a score for the activists. >>> up next, an upgrade during an upgrade cycle. apple's price target up by credit suisse ahead of the company's big product unveil on thursday. should you with a buyer before the event? we'll talk to the analyst who upgraded it, next. twhat do i do?. you need to catch the 4:10 huh? the equipment tracking system will get you to the loading dock. ♪ there should be a truck leaving now. i got it. now jump off the bridge. what? in 3...2...1... are you kidding me? go. right on time. right now, over 20,000 trains are running reliably. we call that predictable. thrillingly predictable. ghave a nice flight!r bag right here. traveling can feel like one big mystery. you're never quite sure what is coming your way. but when you've got an entire company who knows that the most on-time flights are nothing if we can't get your things there too. it's n

. >> i spoke to jeff smith friday after the show or during the end of it.iously first order of business at darden find a new ceo, and that's what they're looking at now. then they will revisit, of course, many of the questions about real estate, various separations, if in fact they should occur. darden shares down 1.3%, after an extraordinary victory for activism overall. >> was he expecting that? >> in last week or two, in fact, apparently management knew it as well, so allowed them to start getting access to things even ahead of vote, knowing there was going to than huge change in the makeup of the board. >> a win for him. >>> to bob pisani on the floor. he's got more on what is moving this morning. bob? >> i want to point out, crisler, fiat, 9.46. nice move here. high's 9.50. at the high, 9.50 on fiat chrysler. this is, as phil pointed out, not an ipo. an exchange offer. they're exchanging shares for fiat chrysler automobiles. it's a dual listing in milan and new york city. long tortuous road for chrysler, 1998 traded under its own name until sole to dai

and jeff, how will the strike affect customers? the way smith and management officials say the strike is illegal the union hoping to represent the strikers will have success the stike announcement conjures up memories of the 2007 strike that lasted more than 30 days. garbage was piled up on the sidewalks for weeks while the company and the drivers fought it out. this strike announcement is different, though. the recyclers are represented by the international longshoreman's and warehouse workers union. more than 130 members will not go to work on friday. the company has made it clear that they will only do the minimum that is required of them recyclers are should be paid in a decent manner for their families as well as waste management person the waste management personnel will do the math minimum that they have to but will strike against everything else the strike will happen at 4:00 a.m., now the big thing is that whether the trash services will happen or not on to a developing story. an emergency room doctor who recently returned to new york a

jeff ranieri looking at the possible rain for tomorrow. christie smithith a sneak peek what fans can expect. but we begin with nbc bay area's mark matthews with those security concerns. and the chief is clear. don't come to town if you're going to make trouble. >> that's right. we're right on market street across from the ferry building at the foot of the parade route. believe it or not, the estimates we're hearing, that a million people could show up to see the parade tomorrow. the police tasked with keeping everyone safe and public transportation with keeping the city moving. last night the celebration of telephone giants victory degenerated as the night wore on into a street fire, graffiti-tagging, bottle-throwing mess. >> it's just disgraceful that

nbc bay area's christie smith shows us the dangers in the water. but first jeff ranieri shows us where it reached 100 today, jeff? >> yes, the south bay beating out the east bay. morgan hit getting up to the century park. pacifica with 94 degrees. that's on the immediate coastline which is usually in the 60s. so 94 degrees for the peninsula in the immediate ocean. certainly very rare here for the bay area. along the mission there in san francisco, 90 degrees. and for the north bay, 98. as we get a look at the microclimate temperatures, we're still averaging some of the hottest weather down in the south bay. widespread low to mid-90s. not only warm there, but check it out in san francisco right now. we're still holding on to 84 degrees. up at the presidio, north beach, 84 as well. and for twin peaks right now 85 degrees. we'll talk more about this heat. and coming up, who is going to hit 104 degrees tomorrow in just about 15 minutes. >> all right, jeff. >>> how is this for a rarity? parts of san francisco are actually warmer than the tri-valley.

our team coverage includes christie smith in the city, but we begin with our chief meteorologist jeff ranieri who's tracking all this warmth. >> yeah, the numbers are unbelievable today. as they continue to come in right now at 5:03, the hottest temperature in the south bay so far, microclimates reading 100 in morgan hill. look at the peninsula. pacifica at the immediate coastline, 94 degrees. it's not often the immediate coastline actually beats out places like palo alto for the hottest weather but it did happen today. you can see across the rest of the bay right now, we're cooling off just a little bit as that sun starts to set. right now an average of 88 in the east bay. south bay we're holding on to 95. we've got 95 in gilroy right now. some of the hottest weather remains around campbell, cambria, 98 degrees, cupertino 91. for the peninsula, we're tracking 80s here all the way up toward san francisco. and you can see that's the case not only in the hills of belmont but also back towards moss beach, currently 75. again we got this warmer weather at the coastline with offshore flow.

jeff ranieri looking at the possible rain for tomorrow. christie smith with a sneak peek what fans can expect. but we begin with nbc bay area's mark matthews with those security concerns. and the chief is clear. don't come to town if you're going to make trouble. >> that's right. we're right on market street across from the ferry building at the foot of the parade route. believe it or not, the estimates we're hearing, that a million people could show up to see the parade tomorrow. the police tasked with keeping everyone safe and public transportation with keeping the city moving. last night the celebration of telephone giants victory degenerated as the night wore on into a street fire, graffiti-tagging, bottle-throwing mess. >> it's just disgraceful that they just don't get it. >> reporter: chief greg suhr was among those hit by bottles last night. today he told reporters most of the 40 people arrested were from outside san francisco. later numbers showed it was about half and half. the worst spots were by the ballpark and in the mission district. that's

jeff. >>> how is this for a rarity? parts of san francisco are actually warmer than the tri-valley. nbc bay area's christie smith joins us from dolores park. judging by the backdrop there, you've got the best assignment of the day. >> reporter: yeah, i think so. it is an absolutely beautiful night here in san francisco. it's hot right now, and it has been hot all day. a lot of folks out here in dolores park trying to beat the heat. some of them at street side cafes, and some heading to the beach. for those who do, rescuers are urging caution. around the usually cool city, people soaked up the warm fall sun in san francisco today. >> here we are enjoying the weather. and just feeling really great that we're getting ready for a great heatwave. >> when it does get warm out here, we can expect a pretty healthy crowd. >> reporter: battalion chief rudy castellanos. >> there are no lifeguard stands. and we're not trying to promote recreational swimming out here. we want people to realize that there isn't a tremendous amount of professional protection for swimmers. >> reporter: just last week, four rescues, two fataliti