x xerox and hp down on the lexmark. printer maker. >> unfavorable exchange rates.eakness in europe. paste and cutting the guidance and putting it on every international company's earnings this system. >>> cytec, increased deand the, up by 5%. >> we should talk about all companies up given the rally. it is a name that's higher. lexmark is not. big earnings boost here. they went a buck 14 or the street did, at a buck 14. cytec guided up 150 to 155. they're codie ing coating resin is killing it. i don't know what it is. >> i looked it up. i knew you didn't know what it is. low environmental resins is what they supply globally. there you go. >> don't act swarmy. i still don't understand it. >> i had to google it. >> coatings resins, baby, it's the future. >> not like we talk about coating resins every day. looking far good movie to watch? don't expect many releases in q3. >> maybe, okay, an analyst coming out saying that he's a little concerns about the third quarter for coinstar worried about the dvd schedule. maybe not blockbusters hitting the red box machines. they

printer and imaging company lexmark is the latest to cut its second quarter outlook. shares fell hard today after last night's warning, sinking 16.3%. volume jumped almost ten fold with the stock sitting at a two and a half year low. weakness in europe get some of the blame for the warning. the concerns hit hewlett-packard shares, falling 1.9%. it was the biggest percentage loser among stocks making up the dow industrial average. wholesale inflation was unexpectedly rose for the first time in four months. producer prices were up 0.1%. all five of the most actively traded e.t.f.'s finished higher. the biggest gain the financial exchange traded fund, up 2.8%. and that's tonight's "market focus." >> susie: sometimes taking criticism isn't easy, even if it's constructive. this week lou's been thinking about the three "c"s. here's author and educator lou heckler. >> i get lots of online surveys from airlines and hotels when i travel. they ask about the aspects of their service they want to improve. we all need people to help us grow and improve? if the feedback is helpful

i'm brian shactman, looking at shares of lexmark.y lowered their q2 guidance and the significance, other than the fact that they're way down, they cited weakness in europe. if you take a look at some tributary damage in sympathy, xia xerox also getting pulled down. david, back to you. >> indeed, we've dean that as you say there. hewlett-packard as well. >>> tweet time. and today, all about jpmorgan. the bank posted a $4.4 billion second-quarter loss from its london whale trades but also saying some of its traders might have tried to at least conceal where their marks really were in the first quarter that led to them actually taking $459 million. so we are asking you, jail time aside, what's the most fitting punishment for these traders? tweet us your answers. is new y. we built the first railway, the first trade route to the west, the greatest empires. then, some said, we lost our edge. well today, there's a new new york state. one that's working to attract businesses and create jobs. a place where innovation meets determination... a

you saw the lexmark news and the question is how does that translate to a very big part of hp's business? >> i think the key there is the people who are positive on this name, you know, they're not looking for growth. right? just looking for stability and one of the things in the printer space, we have said this in the past to fix is more friendly for people to print on tablets and sma smartphones. they can't do it. it's too difficult. right in they have to make -- that's to us a fairly easy fix making software, making it easier for people to print. >> great for your thoughts on the show. thank you very much. he has a price target of 31 and a buy. >>> let's get a market flash now of mr. brian shactman. >> debacle is not dead in terms of knight capital. they reported earnings today. down sharply at and at the lows of the session. basically a 23 cents a share charge because of their trading losses of the facebook ipo. missed on earnings. they would have beaten decisively with the 23 cents back. back to you. >> thank you. >>> on deck, andrew ross sorkin just sat down with henry kravis. we'l

. >> caller: i want to know about lexmark. >> even after this quarter. >> sell, sell, sell. >> it isate to sell. it is a terrible company. terrible company. i want to sell you a packard, too t. the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade. ♪ if i knew you were coming i would have baked a cake ♪ >> we have to talk emotions. i might as well have attacked your mothers along with a half dozen apple pies and a few american flags thrown in for good measure. you have to check your emotions at the door. this is what i call a teachable moment. >> wow! >> got your attention? apple pie. check your emotions at the door. [ mooing ] >> bull's eye. >> and now this week's installment of "jim cramer explains twitter." >> it is perfect. ♪ hallelujah >> hashtag. >> thank you for tuning in to this week's edition of "jim cramer explains twitter." >>> listen to me. you have to worry about what is expensive. perhaps the most fashion forward retailer that i know or at least that i like to go to, burberry. >> a favor sidewalk on the street thought this was cool.

. >> caller: i want to know about lexmark. >> even after this quarter it's not too late to sell it.is just a terrible -- it's a terrible company. and that, ladies and gentlemen, is the conclusion of the "lightning round"! ♪ if i knew you were coming i'd have baked a cake ♪ >>> we've got to talk emotions. i might as well have attacked your mothers along with a half dozen apple pies and a few american flags thrown in for good measure. you've got to check your emotions at the door. this is what i call a teachable moment! >> got your attention? >> apple pie! check your emotions at the door. >> bullseye. >> and now this week's installment of "jim cramer explains twitter." >> @bills say -- perfect. ♪ hallelujah >> hashtag. >> thanks for tuning in to this week's edition of "jim cramer explains twitter." >>> all right. listen to me. you've got to worry about what's -- >> perhaps the most fashion-forward retailer that i know. or at least that i like to go to. >> hey, by the way, david faber this morning on "squawk on the street" thought this was pretty cool-looking. >> i'm wearing my burberr

it could be lexmark international. today, it is getting tanked and whacked. dr. "j," how come? >> europe, isn't that where we're always going to blame -- that's one of the things they cited for weak demand for their printer business. with the stock trading back down to multi-year lows, maybe to two or two and a half year lows, i would be aggressive at that level on monday. but you don't have to be in there today. >> thank you, guys. a pop for the pick-me-ups. just when you thought there might have been a starbucks on every corner, it's now inside a rather unusual location. it is a funeral home. the robinson funeral home in south carolina will be selling starbucks coffee between its chapel and main offices. the funeral home's owner says he hopes the drinks will provide families with a little relief from their stress over obviously a difficult day. >>> hard to move from that story. the s&p and the nasdaq are at session highs. friday the 13th, there is no phobia today. >>> coming up, caterpillar catching a break today. but is it about to get hit hard? >>> plus, a former morgan sta

do check out the shares of lexmark, it is slashing second quarter guidance blaming unfavorable exchangenow expects to report earnings of 87 cents to 89 cents per share for the quarter that ended june 30th, comparing to prior estimates of 95 cents to $1.05 and analyst estimates of 98 cents. >>> also coming up on the show, breaking economic data, we'll get the ppi for june and also as we head to the break look at the dow futures ahead of that data, all morning it looks as if we've been indicated slightly to the upside and that is what we're seeing right now an inplimd open up about 33 points. i don't spend money on gasoline. i don't have to use gas. i am probably going to the gas station about once a month. drive around town all the time doing errands and never ever have to fill up gas in the city. i very rarely put gas in my chevy volt. last time i was at a gas station was about...i would say... two months ago. the last time i went to the gas station must have been about three months ago. i go to the gas station such a small amount that i forget how to put gas in my car. ♪ >>> welcome ba

hewlett-packard, got clobbered after lexmark warned on its printing business, printing an important linempact. general electric on the morgan stanley downgrade that's one to watch and down 1.25. >> we'll have jeff harte on to talk about city, also in the b block. we'll talk to the man who wrote the siri review in the "times" today. >>> meantime what's coming up tonight on fast. >> ceo of zil okay, what he's seeing on the front lines. also making a move on procter & gamble. one says he's a a negative effect. what does this mean during the week purchase i love the piece in the journal about how no company is too big for an activist whether pelts and ingersoll or bill and p and g. >> we went down this with hg but p & g is the largest. it's an interesting strategy mr. ackman has embraced. you point out his activist campaign and them versus his investments sometimes the two are not the same. jcpenney has not gone well so far. target did not go particularly well. mcdonald's, the end of the year he failed on the campaign but stock went up. gcp, general growth, incredible move there that he made

. >> we have lexmark and cannon going lower or posting lower results. >> yeah. out with results yet but that's been very tough. >> good day today. as it is for many things out there, the euro close to session highs. breaking 123. 123.06 on the euro. no coincidence. we are at session highs. the s&p now up by 1 3/4%. what a rally we have. the dow up by 1.9%. with that, let's head over to bob. >> what i care about is what earnings are looking like in the second half. i am not a happy camper. i do not like this week at all. i'll show you numbers. none of that matters. up 230 points on the dow because the central banker pull the is what matters over earnings. we used to call it the bernanke put, it is the bernanke draghi put. everybody is quoting this one line of what draghi said. i'm going to quote it to you. the ecb sms draghi will do whatever it takes to support the euro. it will be enough. more importantly what he says deeper in the speech. i'm he going to paraphrase it, i, mario draghi, am in power with making sure that monetary policy as we create it flows smoo