monsanto closed last night at 101.4. show you the share price, well below the offer price of 128. let's show you what's happening on my bloomberg. regulatory clearances the main concern. these lines here were the offers that came through, top at 128. you can see where we are trading right now. what's going on here -- this is a big acquisition. the other thing is the chemical sector is very much in the state of flux. we have other megadeal going on. 's agenda, cam china, deposit -- syngenta, chem china, to ponte. we're joined by the ceo who joins us. great to see you. bit -- we a little will get into the monsanto transaction in a moment, but give me the top down on what's happening over the last quarter. the pharma business did well. walk us through where you are happy, ere you are not, what's going on, what are you seeing? >> ok, good morning. first of all, we mentioned a very good third-quarter. we are very pleased, particularly with pharma performance. we are seeing strong growth, roughly 7.6%, and that was mainly driv

g on, "bloomberg coming up, the takeover of monsanto.e charts you want to know before the data comes out tomorrow. this is bloomberg. ♪ ♪ scarlet: this is "bloomberg markets." i am scarlet fu. a deal for the takeover of monsanto faces some antitrust regulations. german lawmakers have already expressed their concerns over the merger. into monsanto's data in today's segment of, "the numbers do not lie." this chart shows the proposed deals of the market reacting. monsanto tops the list there. buyersve lacked behind 128 -- $128 a share proposal. it would be the largest takeover of a german company. it worse the next biggest which was the purchase of chrysler. the move reflects a boom in the industry as the number of players tricks overall. plan -- also making to is also planning on making a purchase. how buyer would look if the deal goes through. the blue part of the bar reflects monsanto's contribution. health care would become buyers biggest business. the white growth is monsanto's growth. they have posted four straight quarters of decline

they expect the deal with monsanto to close by the end of 2017. brian mcgee is with us. good morning. what do you make of bayer? >> i think they're performing incredibly well, particularly in the u.s. with some of the recent launches. unlike a lot of pharma companies, they, i think, have 30% of their pharma group revenue from relatively new products. those are under patent prote protection until the mid 2020s. they're getting ahead of that uptick curve beating analyst expectations, and that should allay some fears around servicing the debt they have on the acquisition of monsanto. >> that's a huge acquisition, do you think it still makes sense at this point? we have had a couple months to digest the news. investors taking to the news okay. will it shake up the industry? >> i think it split the investor community. i think it still makes sense. bayer is pushing on that lever of building three significant businesses globally. it's an exciting acquisition. i hope it goes through. >> monsanto still below the afer price so there is skepticism out there when it comes to financi

the monsanto share price is pricing in a lot of bigger toll rate risk.when will you start talking to regulators? where are we with the process? >> we have been in preliminary discussion. prior to us signing the transaction, we also have in-depth talks and monsanto has product overng the leveraging. we think this is a manageable risk. confident that we can resolve any issue that may overlaps. product shares climbing after reporting earnings that beat analyst estimates. its third-quarter was reportedly helped by sales of smaller, more profitable package sizes. our organic growth and profit margins the things that strike you most out of your? >> earnings absolutely. >>we are ongoing -- while we are change, the company is continuing to grow across the world. it is a good, solid quarter. >> twitter earnings be estimates. the company says it plans to cut 9% of the workforce to meet any profitability role. the question is are they cleaning it up or are they making a company to actually run it themselves? entertain they would an offer above the ipo price, but i

werner: monsanto is a relatively small player outside of the americas with i do roughly 80% of theirusiness. in europe it is a combination that will of course undergo regulatory scrutiny, but we are very confident that we can resolve any issue that may come up in product overlap. mark: there has been the subject --citizens -- criticism bayer has been the subject of criticism. vonnie: we will get more insight on what is next for europe's troubled banks as monte paschi seeks capital from investors and deutsche bank considers non-cash bonuses. this is bloomberg. ♪ vonnie: live from london and new york, i am vonnie quinn. mark: i am mark barton, this is the european close on bloomberg markets. 10 minutes left to the end of the wednesday session. shares of monte paschi are falling for the second day, dropping double digits amid concerns about its future. marco marelli joined bloomberg for an exclusive interview to discuss his vision to get the italian bank that contract by raising up to $4.5 billion in new capital. marco: investors have been very proactive in approaching the bank or inves

joe: the takeover of monsanto. we have the charts that you can't miss ahead of the earnings tomorrow. matt: before brexit, there was grexit. discussing the greek economy today and whether it has turned the corner. we begin with our market minute. u.s. stocks have begun october, the month in the quarter, weather tends to be quite a bit of volatility, with back-to-back losses. moving higher, reflecting some anxiety. i think it's a little deceptive because while it doesn't seem like much, the story today was the brett of the selloff. everything getting hit on. joe: i will show you that -- matt: i will show you the story right now, using my eye. .- imap everything is red, with the exception of financials. once again, second day in a row this week, defenses getting hit the hardest. utility, telecom, tear he is, all down there. take a look at the winners on the s&p. are financials, like hartford and northern trust, who did well today, and some ohio banks, keycorp, doing well today. optimism on an interest rate increase,

monsanto is forecasting lower than expected earnings.santo customers remain under pressure from low prices with depressed profits. that's after aggressive price cutting by monsanto and other seed companies. central bankscan to strike a balance between growth and inflation. a federal reserve policy normalization -- we went to the fed and we were very clear that we do not move pound for pound with the fed. we started tightening in january rate is ahe exchange significant risk to the inflation outlook. vonnie: he also said political noise in south africa reduces what investors want to see. let's take a look at where european markets are trading as we had to the close. we are seeing weaker trade in europe. the ftse 100 down after it hit a record high yesterday. on aax and cac 40 weaker mini taper tantrum because of the bloomberg story on the ecb. sterling still at a three decade low even though it is a little high today. but look at euro-sterling. this is bloomberg. ♪ . >> live from london and new york, you are watching the european close. s

there was a big issue surrounding the company remains its purchase of monsanto.l. the monsanto share price is currently pricing and quite a lot of regulatory risk for top are you surprised by that and when are you going to start talking to regulators? tell me, where are we right now in the process? >> we are in in the area discussion prior to us signing the transaction we also had in-depth discussions with monsanto affecting the overall regulatory and product overlap risk. we think this is a very manageable risk. particularly looking at the high complementarity of the businesses. we are confident that we can resolve any issue that may come up in product overlaps. ♪ >> coca-cola shares climbing after reporting earnings that beat analyst estimates. the world's largest soft drink companies third-quarter was reportedly helped by sales of smaller, more profitable package sizes. i took a look at your earnings release and it emphasizes organic growth and profit margins. are those the things that strike you the most? >> absolutely. while we -- the important thing is whil

and today marks the beginning of the international monsanto tribunal in the hague. organized by activists from across the world, the tribunal will include testimonies from dozens of victims of monsanto on the environmental and health damage caused by the company. this comes as farmers in germany are protesting the merger between monsanto and pharmaceutical company bayer, which has created the largest supplier of seeds and agricultural chemicals in the world. >> the bayer and men cento merger is a declaration of war to the farmers and consumers. if there's a concentration in this eads of pesticide sector, then there's a concentration of the entire consumer sector. the larger agricultural companies want to get the entire cooper election under their control. we defend ourselves against it. amy: and those are some of the headlines. this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. juan: welcome to all of our listeners and viewers from around the country and around the world. amy, before we get to the rest of the show, you are heading b

let me open this up in terms of the acquisition of monsanto, which is ongoing.ople have been critical of it, in terms of a u.s.-german tie up, in what kind of regulation -- and what kind of regulation it might have. the question many are asking is, what will that do to the pharma business for bayer, in terms of their ability to invest in that? anna: certainly an area of the world where we are seeing a lot of mma at the moment. we will be joined with bayer's ceo. daybreak is on your .obile, your terminal let's take a look at some of the top stories. it is all about bonuses, or the lack thereof. in deutsche bank, it is considering not paying bonuses in cash. this is in a bid to boost capitals and investor confidence. do you get paper in the form of the non-core assets in the bank? that is like credit suisse did a couple years ago. anna: a spokesman for deutsche bank declined to comment on the story. let's talk about apple, where shares fell after the world's most valuable company reported the first annual sales declined esinc 2001. forecasted sales for the last be

the other dealers ba -- deal is bayer-monsanto.have seen a lot of interest -- mark: thanks, great job. we had to cut you short. vonnie: we will be speaking with matt maley at miller tabak next. this is bloomberg. ♪ sunny morningful in new york. from bloomberg world headquarters, i'm vonnie quinn. mark: i'm mark barton. you're watching bloomberg markets on bloomberg television. alisa parenti has more. >> hillary clinton and donald trump are in a dead heat. they are tied at 41%. leading in some cases significantly. gary johnson 8%. jill stein 4%. hillary clinton is hitting the campaign trail with michelle obama. will make a joint appearance on thursday in north carolina at wake forest university. radical tom hayden has died. he was an author and california legislator. he was 76 years old. north korean officials are criticizing efforts by the u.n. to strengthen sanctions following the latest missile launch and nuclear tests. they said sanctions targeting the missile tests are criminal and accused the u.s. of orchestrating the punishme

and then monsanto and con st constellation brands, and yum brands will announce earnings.onstellation has been doing very, very well on the results of corona, its mexican beer. it also bought a whiskey brand. >> which one is that? you know more about beer than whiskey? frnlg>> among the top corporate stories, twitter, the "wall street journal" reporting that the company will field offers this week. salesforce.com's marc benioff has been building a case to investors that they should be the buyer. among other names looking at twitter, google and disney. jim cramer capping up with venture c venture capitalists like chris sakka last night. >> twitter would sh complimentary to many of those companies. it has a unique set of data that nobody else has in the word it has it faster than anybody else in the world. their problem is not the input, their problem is making it useful, easy, fun for users. so the good stuff is in there. >> who buys it? which guy? >> i don't know who. i can see why google finally has -- i think google has stopped thinking about it as scientific and not com

let's ask specifically about buyer and monsanto.vising on that, are they confident that deal will get done? >> we never comment on active deals, but they have certainly said and i think it's pretty clear, notwithstanding the parties think there's a high degree of confidence. i think you have to remember people doing deals now given the history of deals being blocked and challenged are being even more cautious than they have ever been. >> later in the cycle when there's fewer deals to be done, they do tend to be tipping that line or toeing that line more often on antitrust, don't they? >> well, the political environment has been challenging and the regulatory environment has been challenging. however this election plays out it's going to get better. but i don't think it's an end of cycle case. i think people are realizing that you'd rather have done all of your homework to get a deal done. i think another observation on m & a generally, things have really played out, as i said, on margin improvement. and the markets do like deals tha

bayerthis, the monsanto- will have some overlap. i think that when could go through also. to see you this morning. thank you for giving us your analysis. talkxt, we will regulations. we will continue the m&a conversation. that is coming up next. we will also talk about what is happening in the media landscape of the united states. ♪ guy: 8:30 a.m. in london. let us take a look at how the european markets look this tuesday morning. broadly positive. selloff onck off the the back of the session from yesterday. the ftse has taken -- has read taken the 7000 line. there are some individual stock stories to focus on. let us show you what is going on. there is the picture. winner.: the big up 8%. the winner on the stoxx 600. on the back of some nice, designer sunglasses. a third quarter in line of estimates. morgan stanley says it is no surprise. for is the worst day austria microsystems since january 2008. down 23%. the track record is not supportive of the target so says analyst. -- so says analysts. -- it is up 11.8%. bonesget more meat to the of where this company is going. b

leader of a group of six chinese nationals accused of stealing corn seed from dupont pioneer and monsanto fields in 20-11. that includes this one near dysart. investigators say they tried to smuggle the corn seed to looking into whether the president of iowa state university and others have been using school equipment and travel for personal business. the board's conducting the review after questions about i-s-u president steven leath's use of two university airplanes. leath has said he flew one of them for both personal and official business. when returning from a trip last year, he damaged that aircraft in a crash landing. grant county in wisconsin could get a office, jail and other county services. it would go up next to the orchard manor nursing home in the community of lancaster. this week, the county supervisors approved issuing up to 30 million dollars over several years for the new building. they still have to approve design plans and construction contracts before work can begin. a man in the town of washington says it's a challenge for him to go out in daylight or even listen to

google and monsanto company round out the top five. >> just because you have a u.s. travel association report found that last year though those who didn't take a break had on average about ten and a half vacation days that they didn't use. >> unbelievable. >> managers were more likely to leave those days on the table, which you can kind of believe there. that is why some companies are moving towards unlimited days. >> i vote in my job, i see a lot of fires that could've been stopped before they started. that's why florida's firefighters support amendment 1. amendment 1 does solar the right way, commonsense safeguards for the health, safety and welfare for the sunshine state. >>> no matter which direction are on one of the most dangerous roads in the country, but what can be done to fix it? >>> a convenience store clerk known for putting smiles on faces killed on the job. now the search is on for the people in this surveillance video. >>> a rapper busted for kicking a fan, but is his punishment fair? you be the one to decide. >>> "10news at 6" starts right now. >> rig

. >> i'm fascinated with deals -- monsan monsanto. i'm in the name. >> guy. >> kill the emoji!hat's the video games you're playing. echo labs. when food -- clean food -- >> pac-man, dude. >> ecl. november 1st. >> that does it for us here on "fast money." see you on monday. we have a very special "options action" right after this break. this car is traveling over 200 miles per hour. to win, every millisecond matters. both on the track and thousands of miles away. with the help of at&t, red bull racing can share critical information about every inch of the car from virtually anywhere. brakes are getting warm. confirmed, daniel you need to cool your brakes. understood, brake bias back 2 clicks. giving them the agility to have speed & precision. because no one knows & like at&t. ♪ sing girl, come on. ♪[ singing ]♪ sorry, ariana you gotta go. seriously? verizon limits me and i gotta get home. you're gonna choose navigation over me? maps get up here. umm... that way. girl! you better get on t-mobile! why pay more for data limits? introducing t-mobile one, unlimited data for everyone.

that has led to aggressive price cutting by monsanto and other seed companies. is a new twist into the investigation of lending club, the online lending platform, u.s. regulators want to know whether lending club's founder advocated for the company to prop up shares without telling the board of a possible conflict of interest. that is according to people familiar with the matter, lending club founder has not been accused of any wrongdoing. the mall of america, the nation's largest shopping mall is taking a stand against the growing trend of banks -- thanksgiving shopping, it will close on the thursday holiday. it is based in bloomington, minnesota and has been open index giving since 2012 by mall officials say they want to offer workers time at home with their families. the mall will reopen at 5:00 a.m. on the friday after thanksgiving. ♪ that is your bloomberg business flash. scarlet: still ahead, an interview with the finance member of -- former colombian finance minister, we will get what is next for their -- ♪ scarlet: your uncertainty looms -- matt: uncerta

third is bayer and monsanto. what will be the impact on competition? we are looking at a world where the farmers feared these companies are looking for a bigger share of their wallet and the companies say they are looking to boost innovation. david: they say it will least be into the next quarter -- the first quarter of next year. i think you are looking at a difference between a big, china, versus the mindset we face when we look at a publicly traded company that is doing a deal like bayer. trying to get china to feed china over the long run sois not as significant making profit concessions is a little more risky. alix: you can take a look at the syngenta deal spread. the blue line is that per-share value and the white line is the actual stock price. the yellow circle is where the u.s. regulators approved it and right here is where the e.u. regulators put the kebab shop at. -- cabosh on it. jonathan: how much of this is about regulators looking at things more strictly and how much is normal process for a lot of consolidation in a small period of time?

monsanto's customers remain under pressure with depressed farm profits which has led to aggressive priceutting. at&t is now wanting a new acquisition path, focusing on media companies. at&t started with the purchase of directv, last year. they say in the next five years, they hope to become a producer of programming. the company will shift models. and new twist in the investigation into lending club, the online lending platform or. regulators want to know if they -- that telling the board it was also a conflict of interest. said -- has founder not been accused of any wrongdoing. that is your bloomberg business flash. nejra: let's head over to bloomberg's julie hyman who was looking at a few early movement. julie: we have been talking about energy of performance. that is after the company, which is one of canada's largest energy exporters said they were inc. -- they would increase capital spending by as much as 4% to increase production. we are seeing a reaction among the other drillers as well. the company plans to spend $1.8 billion on its capital program, next year. you can see pioneer

mo hailong plead guilt in january to conspiracy to steal trade secrets from both pioneer and monsanto. sentenced this week, he faces three years in prison and forced to pay restitution. hailong dug up patented biotech seeds from iowa corn fields, shipping 1,000 pounds of the seed back to china. his attorney did ask for a lighter sentence, suggesting communicty service. however the u- s district court juedge saying she needs to send a message to chinese companies who might plan similar schemes in the future. that's it for news...meteorologist cindi t cause i know a lot of folks have seen very big temperature swings and saw one of the show the jet stream and work things even out a little bit be a little more seasonable for a lot of areas especially in the northern united states i think we're still in a season pretty warm temperatures out south there was a little trough was any coming towards the great lakes as we get into wednesday that's going to be bringing a cold front through and so we'll see a chance for some rain as we get into one of the great lakes area was there to see a trough

google and monsanto round out the top five. we have more on our website. facebook and zillow have parental leave for moms and dads. air bnb allows you to bring your dog to work. >> what? >> happy the wonder dog. >> happy would be happy here. i don't know if you could focus on your job if she was running around. >> that's fascinating. pam, thank you. >>> speaking of job perks, there is that story on our ktvu facebook about the benefit some of the bay area top tech companies use and offer to attract employees. we want to know from you what job perk do you have or wish you had? let us know what you think. post a comment on our ktvu facebook page. you can also tweet us with tvu. it is time to check with mike and gasia. >>> an on ramp shut down for a homicide investigation. what we have learned about an overnight shooting. >> strong after shocks in italy after two powerful earthquakes. we have a look at the damage and the rescue efforts now underway. important step forward. the time is long overdue... pharmaceutical industry. passes - the ballot. we dance on th

they got their asses kicked on monsanto-bayer, the jerks over there, you know what they did, they wents thing and tried to conjure a story. they got crushed. today they looked like -- liz: hurricane charley. >> my mother would call david faber a -- liz: charlie, thank you very much. we'll be right back. stay tuned. we'll get you latest update on the hurricane and more. i'm jamie foxx for verizon. in the nation's largest independent study by rootmetrics, again, verizon is the number one network. hi, i'm jamie foxx for sprint. and i'm jamie foxx for t-mobile. (both) and we're just as good. really? only verizon was ranked number one nationally in data, reliability, text and call and speed. yeah! and you're gonna fist bump to that? get out of my sight. don't get fooled by a cut rate network. verizon gives you tons of data without all the restrictions. get 20 gigs and 4 lines for only $160. with no surprise overages on america's best network. for the best deals on electronics, travel, even shoes. so why not loans? visit lendingtree.com today and get up to five free loan offers from competin

google is 4th and monsanto rounds out the top five. >> seven weeks. >>> we have a story on our facebook page about benefits bay area top tech companies using to attract employers. we are turning to you and the question is this, what job perk do you have or wish you had? jennifer tweeted my company is rolling out telecommuting to many departments, really looking forward to it. >> robert says a job perk, i can have my wife, son, and dog at my job. yes, i work from home. >> i would like free lunch or to work from home. >> the control room likes free lunch. keep giving your responses. we'll check them with you throughout the day. with job perks, some are financial and then there are those intangibles that make you feel valued. >> you know what we have here that i like, free parking. that's not something given. in the bay area we roll into a secure lot and get free parking. >> i was telling gasia, there is a picture on my fridge from the 2012 world series, me on market street by myself with the crowd. i am a life long giants fan in the bay area. that's a perk. if i didn't have this job, i wo

. >> monsanto, how's that one doing?ill a lot of concern there even though hugh grant was just quoted as saying he's confident. >> confident. >> he's the ceo of monsanto. they were confident. >> staples was very confident. >> they had some confidence. >> there was a lot of confidence. >> a bit of confidence. >> yeah, a lot of confidence. >> sysco u.s. foods had confidence. >> i've talked to scott wapner confidence redskins versus eagles. do you have confidence in the jets' secondary? >> no. >> let's talk about everything where there's confidence and no confidence. belichick has confidence. >> i'm checked out of new york sports for awhile now, unfortunately. >> why? >> they'll be growth in the spring. >> going to be a very barren winter. >> of all the companies i follow only belichick has confidence. >> by the way, bill ackman doesn't have a lot of confidence. >> no. >> his laters numbers down 21.4% for the year. >> highly confident on that? not just confident? >> he was only down 18.8 as the end of september. a bad coupl

the big worry with europe was that if these two companies stopped innovating, it's going to let monsantoave the run of the table. so they're saying we're not going to collapse r & d. but there is a feeling among the europeans, they're looking at all acquisitions and mergers as ways to hurt the client. a customer that is hoping for a seed that does great things for corn and a seed that does great thing for wheat may say we're not going the to get that development unless you let dow compete with dupont. >> monsanto bayer and dow dupont. >> the farmers are a protected class. if a farmer squawks, the deal doesn't get done. these guys are a little too rosy. i know this is far along in the process. i do think dow and dupont with that commitment to keeping the research is good. but then i look at things like t-mobile and at&t. how smart was it to kill that deal? >> that was a smart deal to have killed and to have given at&t mobile $6 billion of spectrum in cash to enable them to be really competitive. >> i look at the baker hughes halliburton and think how great was that to kill. look at those

>> not hurting monsanto's shares. >> no. i thought it was very counterintuitive.n't think that was the case at all. the gmo people say how do you feed the world without gmos? that's always been the wrap. i found that stunning. i thought that everyone was going to be talking about that today. >> well, we are, a little bit. now we're going to move on. >> and neil young will talk about it. >>> let's get back to headquarters. scott wapner has some news from those who might have an opinion about this ge-baker hughes deal. >> hey, carl, thanks so much. major ge shareholder nelson peltz weighing in on the ge-baker hughes deal this morning telling me, quote, i think it's a great deal. he said for the first time the new company can now go nose-to-nose with schlumberger, that's really what you guys were talking about. he thinks it gives the new company optionalty and a currency, it has great tax advantages for a ge as well. mr. peltz told me he also thinks it creates tremendous new value. jim, you said that you think it's a good deal. mr. peltz says i think it's a great dea

weak euro, bayer going after monsanto, weak euro, b.a.t., weak pound, why is it not the other way?hy are we not seeing u.s. companies buying over there? what is that about? >> that's a great question. and i don't know. >> we're on this. i'm working on that one, too. >> i don't understand why the stronger dollar hasn't emboldened u.s. companies to do the reverse. in some cases you're talking far larger companies buying smaller companies, bayer is larger than monsanto. >> maybe it's protectionism. maybe they're afraid. stay on that too. anheuser, bud, inbev. >> it should move fairly quickly but still going to take awhile. reynolds is just getting themselves set up here to sort of deal with this. but keep in mind minority squeeze out premium versus control premium, my guess is that's where reynolds comes down in terms of its argument. but we'll see. >> cbs has to do the best for its shareholders sd. >> that's right. kind of similar but not completely because they have a controlling shareholder in that case. this case they're not a controlling shareholder. >> how about time warner gett

monsanto has an offer on the table. near on that deal either.it seems in a big way? pushere is a general against bigness. it is hard to overcome that ms. situation. also with theoric time warner deal is who will be next? where you see that rhetoric going? >> disney is 150 billion equity cap company. this probably only one buyer, which is apple. i think you will see further consolidation in the content arena. there are going to be smaller deals. amc,ree radicals, discovery. after this deal, assuming it gets through, you have four kingdoms. everything else is going to get turned around, including cbs viacom which is in the midst of its own potential merger. >> i think it's going to be the backlash. it is the bigness you talk about , it happens in jobs, what happens in consolidating to back offices, middle offices, organizations. people think about those things and they are put at the hot points in this election and they are put the hot points in europe. jonathan: let's talk about other business, debt. in a market today with sterling debt down 3/10

monsanto reports wednesday too. this is a nutty one. this stock is selling well below where it was when we learned the buyer, which is the bayer kind was in talks to acquire it. we need to find out if the discount is because people fear that the many governments involved will block the deal as anti-competitive and what the company is going to do about it. the stock was at 108 when they announced the deal. 10 another one to watch in the morning, an earnings report from rpm, maker of rustoleum, dap, a bunch of chemicals related to housing. i think the housing thesis is alive and well, so i expect good things from this company that has increased the dividend for 42 straight years and nearly tripled in the last decade. compare that to a 62% increase for the s&p during that same period. another one i like, yum! yum! brands. a restaurant chain we've long championed. this will be the last time we that represents all of kfc, taco bell and pizza hut. as yum! will soon split into its chinese business and then a rest of the world business. why doe

. >> monsanto. i believe the deal gets done. >> karen. >> google, alphabet about. i'm long it.ens tomorrow night. >> tim seymour. >> time to get back into earnings next week. what's interesting now. i'm melissa lee. thanks so much for watching. see you back here tomorrow at 5:00 for more "fast money." meantime, do not go anywhere. "mad money" with jim cramer starts right now. >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach you. so call me at 1-800-743-cnbc or tweet me @jimcramer. >> what's driving the stocks that are working in this market? and what's causing other stocks to plummet even as on the surface it looks like nothing's wrong at all?

antitrust division to block anything that would create excessive concentration whether it be the monsanto deal or even walgreens and rite aid. that one seems to not be working the aall. but none of these deals would happen. i don't even think the lawyers would check off on the companies doing them in the first place. i do hear there could be some positives, for example, i keep hearing that government will finally start spending more on infrastructure, which will be a boone to caterpillar. we like martin marietta materials and also vulcan. really? you think that can make up for all the things i just talked about, especially when i've only scratched the surface of what could go wrong. i haven't even touched on a possibility of a huge increase in the minimum wage. the fact is that would be a gigantic negative for the earnings of restaurants and retailers. the tepid action so far this earning season does not indicate the results are sub par. it's a reflection of the fact that money managers are worried about a democratic landslide come election day. so they're selling anything the government

smaller farmers are being eaten up by the larger farmers and some of the larger corporations in on monsantos. those regulations are developed to protect the smaller farmers. climate change is also a huge problem for them, too. this summer, they have lost about 50% of their value in their wheat during the month of july. a bushel of wheat was going to be about $4.15. after they harvested it, the price went down about $2.15. that was not even at a breakeven level. them are many concerns and the regulations, are in some ways, to protect those individuals. the smaller family farmers are being gobbled up by the larger farmers. moderator: thank you. representative mcmorris rodgers you can have 30 seconds. rep. mcmorris-rodgers: i am meeting, just last month i met with the farmers of eastern washington to talk about falling numbers. we tried to get usda crop insurance to make some changes, so they would not be as negatively impacted. but i go back, just more fundamentally to who is deciding what the policy is going to be? and for a country who cherishes representative government, the rule of law, th

too much monsanto. gop. >> i felt very inspired that morning. me. >> reporter: he was a bernie sanders supporter about a year ago. then what happened? >> i put my phone on the sofa and a minute later, it beeped. it was donald trump retweeted me. my reaction was a reaction of being very surprised that someone was running for the president of the united states not only has time to read my tweet but retweet it. >> reporter: it was defensive to the iowa voters he was courting and a year later, another nevadan caught trump's eye. at 11:00 p.m., tweeted i can see @tonyschwartz, the ghostwriter of "art of the deal." might leave for canada. and tagged @rldonald trump. he retweeted your message to his followers. he frequently tweets from mcdonald's. >> what was it like? >> incredible. you know it immediately when you turn your computer on in the morning you have hundreds and hundreds of notifications. >> you think that's a good thing? >> i think it's great. he said he's the voice of us. he wants to do right by us, so why not from time to time retweet a l

they have monsanto coming up, so maybe it's an area they want to scrutinize.n china, maybe it's a surprise. they are still in a very early stage, still waiting for the eu to say what it will do. about 3: the risk is billion, and you are talking about dupont, dow chemical -- what do you mean when you say long? is it months, years? >> it can add about four months, but the risk is you could ultimately see a deal blocked and that you might have to give up big concessions. so for companies that is more of a risk. obviously like to get a deal done quickly and easily, and that might not be realistic. but we are still waiting for the final decision to come through. but time is money and adding four or five months is an awful lot. guy: we will leave it there. we're about to get eurozone pmi data. that will come out of the top of the hour, 9:00 a.m. u.k. time. the data we have this morning, i want to take you to my bloomberg . the french number beginning to roll over. the german number outperformed, and that spread will be something to pay attention to. we will break th

. >> specific to each deal germany buyer, buying monsanto canada buying properties in united states,ibution sector. >> glad you mentioned that story in journal morgan stanley stands to collect 120 million dollars, if buyer deal from monsanto closes 57 billion dollars so wall street also the --. >> segtwooi earnings, because financials are the best performing sector in terms of third quarter earnings results up 12 percent american express best beat 7 or 8 years true by buybacks cost kots cuts, investment banks well morgan stanley in temples fixed income now deal activity helping fee activity. >> how much fixed income activity of banks do you thinkonof event became write-off to brexit vote everybody has to readjust portfolios maybe one time blip. >> good question, i think morgan stanley a lot of cutbacks with an be more efficient more rigorous in discipline brexit a lot of opportunity if rates go higher 2017 may drive more opportunity. >> in terms of of the he overall earnings picture you've had a large percentage of companies that beat not including this morning we are going to snap t

joe: the takeover of monsanto.rts that you can't miss ahead of the earnings tomorrow. matt: before brexit, there was grexit. discussing the greek economy today and whether it has turned the corner. scarlet:

monsanto, for example. and that there's no evidence that it increases crop volume around the world and that it migrates and effects other neighboring farms and contaminates other neighboring farms and it just produces its own backlash with the so-called killer weeds, mutating and resisting monsanto's seeds so monsanto has to up the ante on those. what do you think of all that? where are you on gmo foods? >> genetic engineering is a powerful technology, kind of like electricity. when such a technology comes before the public or society, i think we should try to maximize benefits and minimize problems. like with electricity. electricity fries people every year. little babies stick their innocent little fingers in the outlets, and they're dead. we need to try to control that because electricity, arguably, has provided benefits. though some are arguable. and same thing with genetically modified crops. some of them may be beneficial. some of them may be dangerous. we should look at each one individually. have th

right from monsanto. quit killing all of our kids with high-tech foods eight close to the vast go back to the hexagonal double digging technique. like in indonesia. once you started opting this will be the bread basket. this will be the finest state to get our farms smaller. we will sell to new york, boston, montreal. we have to get on it first. lifting it out there, get the markets, and get 1000 chickens at the most. all organic. be diversified. have ducks. let's go back to the way it used to be. moderator: i would like to remind viewers, this is the first of four debates. next week, the candidate for lieutenant governor. then the united states house on october 20. finally, all of the candidates on the alleged for the united states senate will be here on thursday, october 27 at 7:30. please join us. >> this is to all the candidates. what would you say to try to win over voters in this climate of polarization who feel disenfranchised a hand on trusting of government? ms. minter: i think our government is

leader of a group of six chinese nationals accused of stealing corn seed from dupont pioneer and monsanto fields in 20-11. that includes this one near dysart. investigators say they tried to smuggle the corn seed to more news later tonight here on t-v nine. >>> good morning, i'm in for diane macedo. >> i'm kendis gibson. here's the headlines we're following this morning on "world news now". hurricane matthew makes its way towards the bahamas right now after cutting a deadly path through haiti. meanwh meanwhile, evacuations underway in the united states. carolinas leaving their homes, full coverage ahead. >>> a contractor working for the nsa's under arrest, charged with stealing government secrets. the justice department says some of the information so sensitive it could have caused, quote, exceptionally grave damage. >>> paisley park, prince's former studio, opens for tours today, but the future of the museum is urn clear after neighbors raise concerns over traffic and public safety. >>> after a remarkable scoreless pitching aces, one swing of the bat changedverything in the national leag

lee: organic, they have to go organic that you've got to break from monsanto, the arthur daniels midlandyou've got to quit killing all of our kids and everything with all the high-tech foods that are going into us. we got to be close to the vest. mr. kobak to the hexagonal double digging technique that they used in indonesia where you feed twice as many people on 18 your plan. wants to start adapting, this'll be the breadbasket. we are going to be fine in this state. we get are from smaller, we'll sell to all new york, all of boston, montrÉal, everybody is going to buy. everybody will be getting on its we've got to get on it first. we've got to be out the first, get the markets and get a thousand chickens at the most, all organic the be diversified. let's go back to the way from what used to be done and how do they do? all right. next up is jared sullivan from south burlington and then after that will be frank the while they're making their way to the microphone i'd like to remind folks this is the first of four thursdays in a row on vermont pbs for debates. mark those debt and please do

david, the seed business, monsanto reported a not great quarter, the stock isn't doing anything.s almost as if there isn't a deal at all. and i continue to think that deal is a non-starter. >> all right. jim, we're going to countdown to the opening bell. talk to you in a few minutes. we're right back on "squawk on the street." >>> you're watching cnbc's "squawk on the street" live from the opening bell. we've talked about twitter, walmart's investor day, hurricane matthew getting stronger overnight and quickly approaching the florida coast. imf meeting which sarah eisen will have later on today. jobless claims you got to go back to 1973 to get a number this low. 249,000. and then, jim, oil at 50 for the ugh t time since june altho some argue it has to stay here for a while to suggest we're in a new chapter. >> well, i do think that the hurricane is going to cause the shorts to do a little panicking, the longs keep pressing it. i know a lot of oil comes back on the market at 50 in the united states because that is a level. expect to see a lot of futures selling. i think it's inter

sciencesuros, crop which will probably replace health care as their biggest billion after it's $66 monsantompleted, shown little growth. third-quarter revenue at the french luxury goods maker has topped estimates as strengthening demand for gucci handbags and fashion led to the fastest growth in more than three years. 10.5%, surpassing estimates for a 7% gain. wall street biggest banks face increased scrutiny from regulators in a bid to avoid a repeat of the wells fargo scandal. formal request for information has been received with on-site sales practices about to be reviewed. that is the bloomberg business flash. mark: apple shares extending their decline in extended its first annual sales declined since 2011. is apple failing to capitalize on samsung's woes? >> that is the worry because this is the perfect situation as they head toward the festive time. they have not one of their key competitors in the market, bs seven withdrawn from samsung -- the s7 withdrawn from shelves. they warn that profit margin may come back a little bit from the previous year. the shipments have already fallen i

let's take a look at monsanto. you have a lot of lower crop prices hurting farmers. trying to work out that $6 billion deal. sales grew 17%. craft beers taking over. let's get an update on what's making headlines outside the business world. pants -- mike pence may have helped donald trump's slide this past week area tim kaine and mike pence faced off last night. after hillaryt clinton. >> it's clear to the american people that after traveling millions of miles of secretary of state and being the architect of the foreign policy of this administration, america is less safe today than it was the day barack obama became president. it's inarguable. it weakened america's place in the world. clinton withillary the most important thing in our life. we have a son overplayed -- overseas deployed in the marine corps. of donald trump as commander-in-chief scares us to death. mike pants won the debate. -- mike pence won the debate. according to diplomats, the u.s. and china are considering limits on the north korea energy trade and other nations are debating separate sanctions. t