mary thompson up with more on the gains from the floorp of the new york stom exchange. >> the markets respond to tuesday's triple-digit decline with a triple-digit gain on wednesday. stoc were up from the opening bell thanks to the european market and helped by strong earnings reports from retailers including tiffanys and designer shoe warehouse to offset a disciplining forecas from michael kors which weighed on shares of coach on wednesday's ar midday there was a boost that reports that greece and the e.u. are reaching preliminary steps to take an agreement for the company to pay the creditors and adding to the market gains later in the session reports that avago is in talks to buy broad com which could be the biggest tech deals this year and that lifted the semiconductor products and the biggest were in the tech space, including microsoft, cisco and apple. and as the u.s. dollar strengths and that put pressure on commodities and the only lagers were within the s&p 500. so again a triple-digit gain for the dow in the session. i'm mary thps from the new york stocexchange. >>> as inves

mary thompson has more from a lawn and equ >> john deere overcoming the negative effects of the stronger dollar. farm equipment like tractors and combines. the performance earning management a nod from analysts. >> bot line line is the companies managing the downturn extremely well much better than the prior cycle. >> keeping a tight rein on expenses the moline illinois firm more than $2 a share. shares of $7.4 billion missing estimates as lower prices for commodities like corn and soybeans hit sales of farm equipment in key markets like the u.s. and canada. adding to the bang lower growth. what did work for deere in the quarter is construction and forestry business. improvg. economy and strong housing starts behind that division's improved performance and while sales of big farm kwix fell sales of smaller machines like mowers sold in new jersey were steady. that's good news for owner gus oddson. >> i've been thr down years, so flat is always better than a down year. >> as for deere, it sees sales falling 19% this year more than previously expected. but it did raise its profit outlook, e

his continued presence may soothe some investors, but as our mary thompson reports, it will also pose challenges for chambers' successor, chuck robbins. >> for two years john chambers served as chief evangelist and architect of a firm whose stock climbed 1400% under his waf. by stepping down as ceo and staying on as chairman he can now provide important cover and counsel to his successor chuck robbins. >> there are all sorts of aspects of the job that he's going to have to learn. and the advantage is having a great teacher around. >> still, chambers' continued presence at the firm could create problems according to professor joe bauer. >> when the stays on, it always makes it harder for the new ceo to make changes, particularly if the new ceo has in mind dramatic changes. >> cisco! >> as executive chairman chambers will likely be in the office every day. and unless he checks his ego at the door experts say he may resist changes robbins needs to make at the company chambers built. his presence might also be seen as a constant threat to robbins.bb professor catherine her igen saying the

mary thompson has more on a program aimed at getting high school students on the right employment track. she says verizon's operations center basking ridge, new jersey. >> repor before shadowing workers, cartoon shapes 17-year-old's view of white collar work. >> you see people working in cubicles and they are wearing a white shirt, black tie, and they are just -- they look stressed out about work. >> reporter: instead at the accounting firm he gauged in enthusiastic workers, changing his mind about the kind of job he wants. >> a job in the corporate world, a nice paying job with friendly people a job you like. >> reporter: he is a junior at brooklyn's james madison's high he's part of a program designed by the national academy foundation or n.a.f. a partnership connecting businesses and public school. n.a.f.'s president j.d. hoye says the program's aim is to show how classrooms connect to the working world, done through special lessons, shadowing sessions and internships. >> for us it is really the ultimate experience that makes education make sense. >> reporter: this summer some of the

i'm mary thompson for "nightly business >> still ahead, new details on the deadly train derailment in philadelphia. an find out what happened in washington just hours after that tragic crash. >>> new details tonight on the deadly amtrak train crash outside of philadelphia. the national transportation safety board has confirmed that the train was going over 100 miles per hour before it derailed at least twice the speed limit on that stretch of track. aim on javers comes to us from philadelphia. good evening. >> good evening, sue. authorities here are saying as many as seven people were killed in this horrific train accident last night and shut down traffic on the northeast corridor here ina and the investigation is focusing on excessive speed as the cause of the accident and of the people that were killed, two of the were ejected of the train and found in the area nearby this devastated train wreck. >> more than 11 million people travelled this route last year and as many as 2,000 trains per day travel this corridor, including commuter rail and amtrak the mayor said it will have a huge

from new jersey i'm mary thompson for "nightly business re >> still ahead, the ubs whistleblower who went to prison only to receive life changing news when he got out. the final part of the series is next. >>> as we reported investors cheered today's jobs report but what should they do with today's market? our market monitor has more. our chief investor monitor at morgan greek, mark welcome. we could spend time talking about whether you think the fed will raise rates in june july or september or never but i'm bored with that. i want to get to your stock picks. your first one is an airline, why? >> i think the common misperception is the airline business is a bad business and for 30 years that was true. it was a terrible business. they lost money as a industry for 30 years up until about three years ago when consolidation put pricing power back into the hands of the airline so werl think it is a fantastic business and we think american in particular is under valued and has upside and we think people don't appreciate how much value save gz they have with the lower oil prices so we thin

we heard from mary thompson earlier.does appear according to sources that dupont will win its proxy fight with trian, meaning that four nominees put up by trian will fail to secure enough votes including nelson peltz to actually be put on the board. in these situations votes can change up until the very last moment, that moment is fast approaching. but we did want to pass along the fact that it does -- sources do see them winning. it appears the index funds voted against try anian. very close. more on "squawk on the street". back to you. >> let's go to rick santelli for retail sales and import prices. >> headline retail sales are advance of course april unchanged, goose egg on top line. definitely a bit light, but we're expecting light anyway. only looking for up 0.3. last month did garner a little. many times it's all about transportation and autos. if you take x autos, up 110. x gas up 0.2. if you look at what is known as the control group, takes goose egg unchanged. and as people try to get used to the control group,

. >> got a news alert on the put a, mary thompson in the newsroom, mary. >> finally discipline beingt down from the nfl on the degreatgate scandal. tom brady the super bowl mvp next year will be suspended without pay the first four games of the regular season. as far as the put as go, the nfl says the team will pay a $1 million fine and for forfeit the fourth round selection in the draft and first round selection in the 2016 drought. in addition, two pouts employees involved in deflategate, they will be suspended indefinitely. in a statement the company nfl vice president of operations troy vincent is saying it is impossible to say whether this activity had an effect on the outcome of the games, but there is little question it was not affected. again the nfl saying they took into consideration part that the put a versus had in the past including 2017 being a part of the rivals again. tom brady will be suspended without pay for the first four games and again the put as will pay a $1 million fine in 2016, mel wlis a, back to you. >> pete nigerian, was this serious enough. >> yes, i thi

. >> thank you for the breaking news, say mary thompson so herbalife is kicking off our earnings playbookor tonight. guy, how do you argue with this? >> there is nothing that says if you are embarrassed that makes you happy. this is everything the bulls needed to take the stock down higher. down 5%. i thought the stock was going to continue to go lower. it was clearly reversed. it makes it hard to be bearish north of 50%. i don't know blah the next catalyst is going to be. this is a giant chess match. does mr. akman come out and punch holes this quarter? i don't know. if it breaks $50 on the upside, then this downtrend we have been in since the beginning of 2014 is finally broken. then it's everybody's guess. >> possibly bearish. let's get more on herbalife. herb greenberg you have been following the stock and the drama, guy was wondering whether or not akman comes back and pushes holes, what will happen? >> you don't know what will happen. people try to rich rip apart the numbers, she is going to look at today's action and looking at the numbers, the guide the first thing that struck me

mary thompson is live with the indy 500 winner. >> you know the first thing i want to ask you is thissecond time you've won to indy 500. what's changed in 15 years in indy car racing? >> in my life a lot has changed. when i came back to indy cars it was exciting. at that point i lived everything in racing. indy car is really good racing. it's a good balance between nascar and formula 1. the cars are really really fast. >> so i want to ask you, you were one of the most decorated drivers now in history. you've had great cross over success with formula 1, indy car racing and nascar. to what do you contribute the success? how do you manage to steer through all three different types of racing? >> it's hard to say. i just work hard at it and adapt to things that quickly. to be back in the verizon indy car series and winning, it was special. it was the first indy 500 for them. for my kids having them there, it was really really cool. >> so let's go back to indy car racing. there's been a lot of concerns it isn't as popular as nascar. if you could wave your magic wand how would you increase t

mary thompson is on the floor. >> just off the lows of the day. dow down 101 points. we are looking at broad base weakness in the s&p 500 index which is lower today. we are seeing an uptick in the vix. just over 10% after dropping below 12 last week. deals and data are in focus today. as we look at the big cable deal. we've been talking about that all morning. taking a look how cable stocks are responding to the news charter communications will be buying time warner. we are keeping watch on data. we have fed vice chairman stanley fischer speaking at 12:30 today. he said look at data not the date when it comes to the federal reserve raising interest rates. a couple things investors are watching. they are pricing the price of oil up the tenth week last week. oil stocks were lower in the premarket. also the data he is talking, things like housing prices. we did have data coming out on kay shiller comb prices continue to climb. especially in the western regions with san francisco and dr horton. that should not say danaher. also we are watching the transports. you just hea

psychopaths is because of a story i was doing for my fourth series about this woman who was named mary turner thompson. this isn't in the book. but she was internet dating and met a guy who was will jordan and was gallant and he held the door door open for her, bought her flowers, and walk on the road side of the side walk which i didn't know was a thing. i am so bad at gallant that i open the door way too early and they have to break into a slightly running motion. they fell in love and they were going to get married and she realizes i don't know anything about him and looked him up on a website where you can find stuff. she discovers he had another house she didn't know about and she drove to it. it was this mansion and he confronted him he went in the other room and talked on the phone, came back and said i can tell you. but i work for the cia and that house you stumbled upon is our safe house. and you know okay? so for the next seven years she was married to him and she would get messages from the cia saying he was in the hospital but fine. she got a call saying are you ms. jordan and the woman sa

let's get to mary thompson with a new alert. >> as jackie was talking about, we have the weekly oil rig count from baker hughes. last week it was down eight to 660, down from 871 in the year ago. the decline is the smallest decrease that we have seen since december. that's good news. we have seen a slowing in the decline, the number of rigs being put off line. the rig count is down eight in the last week, standing at 660. >> thank you. shares of keurig green mountain getting hammered the worst performing in the s&p 500 down about 8% at 94.71. this came after a peek the the new cold machine, sarah eisen has more. the new cold machine is called kolk with a k for keurig. investors and analysts only. a few disappointments. the machine starts at $299 and goes up to $369. the pods start at 99 cents. it's a lot more than buying a can or bottle of soda or water. the roll out plan also disappointed and goes on sale in the fall online only. slower to retail stores and won't be fully available until holiday season 2016. overall the company failed to wow the crowd and there was a lot riding on the

. >> mary thompson it looks like consumers took a break last month. they said that retail sales were run changed. they expected a slight increase. courtney reagan was with us now. it feels like they have been flat or down for four out of the last five months. >> you can't blame weather for april. what we had seen is the same store sales were strong and a lot of retails warned us that april may not be as strong because of the shift of the easter holiday. it's not as big as christmas, but it pulls away some spending from april, especially if you are looking at year on year comparisons. where is the consumer? not buying a barrel. we talked about active wear and that's popular from millennials to baby boomers every day and for working out. some of the goods are being sold are not that appealing right now. >> maybe they are drinking more. the sales at restaurants and bars was actually okay. >> exactly. >> maybe they like getting over the terrible weather we had over the winter and console myself. thank you so much. tyler. >> we have a big two hours of powe

i'm mary thompson with sad news from american express.oyees and contractors, the company's ceo announcing that the firm's president ed gilligan has passed away. he became ill on a flight back to new york this morning and passed away. he leaves a wife and four children. gilligan in the note he said devoted his career to the company started as an intern 35 years ago and moving up the ladder to vice chairman and president in 2013. he goes on to say that he was a living embodiment of values with service, trust, and integrity. gilligan is one of the executives and the successor. the age made it less likely that he would succeed. sad news for american express, the employees and contractors today. gilligan, the company's president has passed away. >> a sudden and sad turn of events. let's get back to the market. on a mildly down day with the money manager at 342 billion in assets. a little more than i have in my wallet. with me is ceo of principal global investments. good to see you again. i asked a towel of prior guests with katie and christina

mary thompson is in basking ridge, new jersey. >> verizon will be hiring 50 high school interns fromam called the national academy foundation or n.a.p. n.a.n. n.a.p. connects businesses with low high schools. this summer some verizon interns will ab plying what they learned in math and science in different ways like testing the durability of verizon phones or the quality of the network's audio. in addition verizon's nikki palmer palmer talks about other things the jobs can teach a team. >> like punctuality and working in teams, what it takes to solve a problem. >> not learning these skills later on may hurt their job prospects later. so math students shadow workers at firms including ernest and young. this student used to think of offs like the cartoons he watched, cubicles filled with stressed out people unhappy with their work. >> my first reaction is that they really like their jobs. they spoke about it enthusiastically. it didn't sound like they were miserable. >> those ernest and young workers persuading rizby that there are a lot of other jobs out there. he wants what he calls

mary thompson. >> hi there, the stock down 9% in after-hours trading.cloud management. the company's earnings were pretty much in line with expectations but the company loader it's margin guns for the second quarter. expecting the margins to be 34 to 34%. that's down to 36%. it's revenue growth between 1.5% to 2.5%. wall street was looking for 14%. a hit on that guidance. back to you, kelly. >> mary thank you. >>> it was supposed to be the key to safer roads. and now driving around in those cars in california have now gotten into accidents. not going more than 10 miles an hour. we're going to ask richard rawlings. and the boss meeting the new boss. because in this case they are the new boss. letting the company manage itself. we'll hear from the executive. we'll see what he has to say when we come back. ♪ building aircraft, the likes of which the world has never seen. this is what we do. ♪ that's the value of performance. northrop grumman. good. very good. you see something moving off the shelves and your first thought is to investigate the company. you

. >> 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. semiconductor index has been strong recently. helped by all this m&a earlier this week. we did have the deal with avago buying broadcom. all of this m&a we've seen that is expected to benefit some of the big money center banking arms. as bloomberg is reporting m&a is on track to have one of its best years ever. that means big fees for some of the banks. four benefitting from an upgrade at moody's. bank of america, morgan stanley, citi and goldman sachs all receiving upgrades from moody's in the

. >> mary thompson's live outside dupont headquarters in where else but wilmington, delaware. mary?rter: bill, you know dupont shareholders handed peltz a rare defeat siding with management and electing all of dupont's 12 nominees to the board, rejecting the four candidates that peltz had put up for elections. speaking to cnbc after the meeting, dupont's ceo coleman saying she was pleased with the results but realizes there's more work to be done. also says that she'll continue to engage with peltz. >> we'll continue to engage with them and a constructive way, we'll continue to focus on delivering value for our shareholders. it's hard to predict the future. but i think that the focus of all of us is on the creation that shareholder value and stronger company going forward. >> reporter: now in the meet peltz did say try onwith a 3% stake in dupont has a clear interest in the company's long-term success and his company will monitor dupont closely. he took credit for a number of changes dupont has made since trian took its initial stake march 2013 including spinning off its performance

mary thompson she's with us here at the new york stock exchange as well today. she's tracking the action at the big board. what do you see today, what trends? >> we want to focus on the material stocks. newmont is one of the stocks under pressure. as you were mentioning at the top of the show the higher dollar is pressureing the commodities. we saw a pullback in gold and copper, down over 2%. that in turn is pressuring some of the material stocks freeing freeport prt freeport-mcmoran. along with energy, industrial and technology socktocks. also weaker allegheny technologies, some of the specialty materials companies taking a hit as well along with owens illinois. that's one group that we're watching. again, as you mentioned it was a stronger dollar and whether or not that has to do with a weaker euro today as opposed to the data which, again, the number of people were telling me was mixed today. that certainly is having an impact on the stock market. >> i'm glad you brought up a couple of those materials names. anthony, a question to you. how much of this might

broadcomes the big story, mary thompson with the gain of 19%. reporting now 21.5% they will be voting on this offer from avago tonight. we may be talking ability about a big chip deal tomorrow. >> possibly one of the biggest of the year. >> but m&a continues to pick up right now. >> and funding is cheap. so it is -- >> it's cheap now but if they anticipate that rates will go higher now is the time to start making that move, right? >> that's right. that's right. it's again, one of the catalysts we've seen in the markets is the m&a activity that we saw today. also some decent earnings from a couple of the retailers. it's interesting, because kors got slammed on the results but that wasn't a surprise. in anticipated if you look at the stock chart everything in there. >> word maybe greece has reached a deal with its creditors. >> that happened around midday or so and helped to give the markets an added boost as well. good news on the greece front contributing to the rebound in the markets today. >> very good. thanks, mary. see you later. we're going

mary thompson let's see -- let's go over these charts and see how various investments did in this month okay. >> the old adage, sell a man, go away. >> look at the dow. >> it's turning lower right now. this is the month. we'll look at month-long charts. today down 0.5%. for the month, virtually unchanged, down 0.2%. transports the dow transportation average for the month is down 4.5%. price of oil? >> price of oil, concerns about capacity in the airlines and some concerns about what's happening with the railroads, too. transporting fuel coal and oil as well. >> the month of may, we began the year with very low prices. they've since been coming back. for the month, mary up 7%. so as the transports went lower, oil is going higher. that's a slam dunk. the dollar also probably up. the dollar they've been talking about parody with the euro. but the dollar stalled out a little bit here as we wait for situation on greece the dollar index for the month up 1.7%. >> right. what we've been seeing lately is the strength there. >> yield in the treasury the ten-year, let's see how it did. for the mon

but now much harder to come by and that's the subject of the next installment of mary thompson's popularg up right after the break. the network that monitors her health. the secure cloud services that store her genetic data the servers and software on a mission to find the perfect match. and the mom who gets to hear her daughter's heart beat once again. we're helping organizations transform the way they work so they can transform the lives of the people they serve. (music) boys? stop less. go more. the passat tdi clean diesel with up to 814 hwy miles per tank. just one reason volkswagen is the #1 selling diesel car brand in america. >>> welcome back to "squawk box," everyone. in our headlines this morning, taxi service uber has reportedly submitted a $3 million bid for nokia's map business. a consortium of german automakers which are teaming up on an offer. bank of america and jpmorgan are looking to kill zombie debt. even though they have been eliminated in bankruptcy. the change could help more than a million americans. >>> fitbit filing for a public offering saying it could raise up t

mary's star. matthew dellavedova is going to dish the ball to tristan thompson who is going to make an acrobatic littletever! yeah, was kind of an alley-oop with a take a seat kind of thing but it worked. one more time dellavedova right there, kind of going up, see you later, land on your back side. hey, the bulls are done and the cavs are moving on. king james has that team cooking. the play of the day. >>> are servicemen and -women coming home from war and suffering from ptsd, they are calling for backup from k-9s like this. i'm kiet do with a story about how you can help coming up. >> and it is the sad news we have been waiting for in nepal. a u.s. chopper has been found. coming up, we'll hear from the just can't seem to escape... another sneeze attack... you may be muddling through allergies. don't get caught off guard. try zyrtec® dissolve tabs. powerful allergy relief, now in a tablet that starts dissolving instantly. zyrtec® dissolve tabs. muddle no more™. ♪ with kaiser permanente you'll connect with your doctor any time anywhere. another way care and coverage together makes life easier. ♪ becom

the latest on the concuss klay thompson and -- ♪[ music ]♪ >> -- a fella from australia to saint mary'se brink of an >>> our top stories tonight san francisco police are on the lookout for this man they believe is prowling muni and pickpocketing commuters specifically targeting the elderly. a woman in a wheelchair sauce she was robbed on a busy muni bus last weekend. >>> a standoff in newark is in it 9th hour. police trying to negotiate with a suspect in a domestic violence case. it's in its ninth hour. he barricaded himself in an apartment with a baby. it started when officers went to deliver a protective order to the victim. >>> oakland is preparing to throw a parade for the golden state warriors. but downtown businesses are worried about what happens after the final game win or lose. some plan to board up their windows to prevent vandalism. >>> so the last time the warriors were in the nba finals was four decades ago. >> that's a dry spell. but it turns out, things weren't all that different here in california at the time. reporter steve large takes us back. ♪[ music ]♪ >> reporter:

mary's star. matthew dellavedova is going to dish the ball to tristan thompson who is going to make an acrobatic littleh, was kind of an alley-oop with a take a seat kind of thing but it worked. one more time dellavedova right there, kind of going up, see you later, land on your back side. hey, the bulls are done and the cavs are moving on. king james has that team cooking. the play of the day. >>> it is 6:25. and confirmation overnight that a u.s. chopper has been found in nepal. coming up we'll hear from the family of one of the marines who was on board. >> are servicemen and -women coming home from war and suffering from ptsd calling for backup from canines like this. i'm kiet do with a story about how you can help. >>> voters are learning more about the deadly -- investigators are learning more about the deadly amtrak crash and for one bay area family the tragedy is hitting far too close to home. >> reporter: i'm kiet do live at moffett field looking at how vets are dealing with ptsd with the help of dogs. one airman opened up and shares his intimate story. coming up in a live report. >> from the k

thank you, mary listen are you here edwardo and others we're moving on to the next set of tone people (calling names) sir did i call your name? please come to the podium >> i'm david thompson have a tenant that takes in guests 2 hundred and 40 days of the year it is the only woo to pay the rent there are many people like him struggling to get by to them unlimited short-term rentals are a god sent i urge you to keep the distinction between hosted and non-hosted rental spelled out in the law hosting when your there and restricted on the latter at times you're not there i realize there are abuses in the system and need better enforcement let's clamp down on the profiteders i stand with supervisor farrell on the idea of a establishing a short-term rental administration to deal with that problem. >> i'm afraid the planning department might not be up to the task which brings me to the new report from the budget and analyst office reporting to show how airbnb rentals have a negative impact anyone that is read the report knows how flawed it is just ask supervisor farrell i'll close by saying give a fair chance to the law that took effect february 1st, let's help my tenants to stay

thompson. this is take the hard fall. got % under cut and somehow concentration to make the basket. he was okay. that's matthew former st. mary'sh. 44-73 the final. >> as expected patriots quarterback tom brady filed an appeal to the 4 game suspension handed down by the nfl for the role in deflate gate. one problem. that appeal will be heard by nfl commissioner roger goodell. so good luck with that one. patriots they put out their own rebuttal to the wells report today saying it was incomplete. incorrect. and lacked context. regarding the secretary message that equipment manager mcnationaly referring to himself as deflate referring to himself as deflaters. the patriots they claim this was jaws joke and mcnationaly called himself the deplateer because he's trying to lose weight. the right. if if he eat too many do nut covered hamburger cheeseburger whatever the thing was. any way. i'm looking for the deflater diet. i hear it's good. first round wells fargo championship north carolina up and down day for lefty mickelson. 5 birdie. but 2 bogey and double 1 under for the day. >> simpson shot a 5 under 67. currently tied for fourth.