shares of newell brands from off 14% to6. $22 >>> meanwhile, rite aid revised its guidance for fiscalear 2019, saying it overestimated the cost of generic drugs when it initially made its forecast. the news comes just three daysr beite aid shareholders are set to vote on the company's proposed merger with the albertson's grocery cin. ri aid shares tell nearly 10% today to 1.66. >>> after the bell, zillow said it was buying a national mortgage lender. up until tnow, company has remained focused on providing listings and quotes. said the deal was mortgage lenders of america will allow it to create new partnership opportunities and potentially originate mortgages. c separately, tpany reported a rise in revenue. but the shares plunged in after hours trading. they ended the regular day up 1% to $59 even. ter the bell hertz said each of its divisions saw growth this car rental ping the company narrow its losses. evenue also inched higher and toppedimates. shares, though, were volatile in the extended sessions. they ended theegular day down 1.5% to $15.67. also out after the bell, weight wat

newelement i think are 2—1 up in the five match series. ? ?newelement i think it feels good. a lot better than i thought it was going to be. if i am not able to keep wicket, then i would like to play as batsmen, but at the same time i am desperate to try and keep my place as the keeper. and before we go news that the president of the us has been sent off... yellow cards and red cards. yellow ca rd yellow cards and red cards. yellow card as a warning, and when you want to kick out someone... it could be fa ke to kick out someone... it could be fake news, of course, promoting the 2026 world cup, which will be held in north america. that is all a sport for now. see you later. —— the sport. your latest live weather update, more of us seeing sunny spells as the week goes on. want to get past a couple of weather systems giving us some rain, at the moment this one providing rain into scotland and northern ireland. this one has been pushing up some outbreaks of rain into parts of southern england. some of this will turn heavy as the night goes on. so this is how the rest of the night

. >> newell?>> it's interesting you note that yesterday we did talk about it i think you did in your trading at the end of the show. >> it deteriorated more. >> interesting we were talking about cigna earlier with mr. icahn opposing the deal. carl icahn got three board members. they were opposed to each other as there was so much going on there. martin franklin getting in with star board and getting out with star board jeff smith in there, still. >> right. >> fighting with icahn he got two board members icahn got three. they still got the same ceo, jim. >> they need customers. >> some people are throwing their arms up and saying all right, you know. >> living room, i mean, if you sell into the targets of the world, you're having a tough time even the home depots i'm more sympathetic than most because these are, i mean, unless you're apparel. apparel has been incredible. shoes have been incredible hang bags have been incredible. >> people are buying clothes they're not buying mr. coffees. >> do we

, this is newell's 2008, 2009 moment.e patient, i think you are going to be rewarded handsomely. stuart: we like to bring our viewers stocks which they know about. it's not an obscure company. you don't know what they do. this is newell brands, rubbermaid people. >> that's right, mr. coffee. stuart: exactly. you like it. you are buying it and it's going up from here. can i summarize it like that? >> yeah, and if you are okay with waiting, you will get a 4% dividend yield from here. stuart: i like it. 4% works for me. thank you very much for joining us. jason, thank you. >>> defense secretary mattis says the u.s. could soon resume military exercises with south korea. that's a big deal. this follows the cancellation of secretary pompeo's trip to north korea. is our deal with north korea unravelling? we will ask. >>> elon musk resuming his twitter habits. this as whistle-blowers are alerting us to egregious oversights at his giga factory. we will have one of them on the set. he will tell us what he saw. president trump is go

now the stock is above where it was before the incident of course, not everything can be forgiven newell, the house of disparate consumer brands cut its forecasts and the stock down 14%. they told us the trade war might cost them $100 billion they said they're seeing weakness in their baby business from the closing of babies r us, not to mention sudden negatives from their once stalwart writing group. holy cow put it all together, there was outright con function on the part of the analysts that seemed to rebel about the ceo's statements that net sells were a bit lower than expectations. that's the understatement of the year the community of analysts turns into a community of jackals when you get this level of disappointment and they were not appeased i think newell shareholders, not done with the pain here's the bottom line the overall theme of forgive and forget provided the impetus first session that started out rocky but ended smooth as silk as the analysts and shareholders both decided to accentuate the positive, eliminate the negative and praise a host of formally hated stocks john

you would thinkjose—maria newell would be cheered up. he was not happy at all.orbyn has apologised for the "concerns and anxiety" caused after he hosted an event where speakers compared the actions of israel in gaza with the holocaust. mr corbyn said he didn't accept or agree with such views. he said he'd appeared alongside such speakers —— alongside such speakers — as part of his "pursuit ofjustice" for the palestinian people. this road has been going on for some time now. —— this ralph. this rule. it hasn't addressed the concerns of many in the jewish it hasn't addressed the concerns of many in thejewish community. these 110w many in thejewish community. these now see more angered. many in the lever movement will view this as a missed opportunity. —— in the labour movement. there is a desire for mr corrigan to take a more practice role in addressing this controversy —— mr corrigan. he has been among those pressing for the investigation into margaret hodge and ian austin, two labour mps facing disciplinary charges after they clashed with the labour leader over

and joining us are band members bennett roth newell on keyboard, julian hoover in guitar, and brandon farmer on drums. welcome to the show, guys. tracy: thank you so much. robert: all right. what are we going to hear? tracy: "keep our soul alive." robert: all right, "keep our soul alive," tracy cruz. enjoy. ♪ ♪ ♪ feeling tired from yesterday ♪ ♪ but i gotta get to work ♪ gotta make sure all my bills are paid ♪ ♪ day and night for what it's worth ♪ ♪ saw a friend the other day ♪ ♪ said she felt empty inside ♪ ♪ all her dreams had fade away ♪ ♪ she wants to run away and hide ♪ ♪ but we gotta keep living, accept whatever ♪ ♪ comes our way ♪ we gotta keep giving no matter ♪ ♪ what they say ♪ we gotta keep striving until we reach the sky ♪ ♪ we gotta keep vibing to keep our soul alive ♪ ♪ to keep our soul alive, to keep our soul alive ♪ ♪ to keep, to keep, to keep our soul alive ♪ ♪ so many of us are afraid of taking risks each day ♪ ♪ we let our dreams just dissipate and ♪ ♪ take the easy way ♪ years go by, we lose ourselves ♪ ♪ to fear, uncertainty ♪ why wait another second to make ♪ ♪ o

attorney jennifer chang newell: >> reporter: but in the middle of hearing today, the a.c.l.u. found out the mother and daughter had been flown from texas back to el salvador. judge sullivan called the deportation "outrageous" and questioned why "someone seeking justice in u.s. court would be spirited away while her attorneys are arguing for hestice for her." sources say the government lied wed with the judge's orders, and carmen and her daughter never got off the plane in el salvador. instead, they were flown back to houston. earlier this year, the justice department made it more difficult for immigrants claiming to be victims of domestic or gang violence to get asylum. >> people are not going to caravan or otherwise stampede our border. we need legality and integrity in our immigration system. >> glor: so, jeff, what is the justice department's reaction this evening? ep reporter: well, jeff, officially, the department of otstice is not commenting on this case nor are they at to hohe attoryt judge's general in contempt. meanwhile, carmen and her daughter will go back to an ice

i don't think if that's a good or bad thing for you >> newell brands is on pace for its worse day inore than six months after cutting guidance. >> worst day six months, go out long and you'll see worse days. what we're seeing is the unraveling of a company that grew by acquisition over a period of time and got an activist in there. i'd like at the stock. just can't get there just can't find the valuation. i think there's more due to the net. >> coming up in just two minutes, we have a halftime exclusive. jimmy drk mmy dunne will join u. we'll get his state of the markets, his success on the links. first though, tyler has a look at what's coming up on "power lunch. >> hope you'll join us top of the hour fact checking the tweets the president says tariffs are working big time and we dig through the numbers to see if they prove him right plus, pepsico's ceo steps down the latest in a growing list of female executives to walk away what it means for future leadership in corporate america and a guide to when and how to talk to your did about their financial futures. the halftime report ret

newell, ge, broadband, many and obviously there are special conditions, twitter, whirlpool, ebay, harley, cat, walmart, facebook, ibm. i mean, we're talking about major double-digit declines from their 52-week highs. we're just not focused on it because we're still on the fang high and tech high. >> that's part of it two things in response to that one is it's never all well nothing is never all well in markets. secondly, the fact that you have huge divergence in the market in terms of winners and losers and sectors are also up performing, you have a push/pull within the s&p. and actually suppresses the overall jumpness of the market and that translates into a lower vix. in that sense, lower vix isn't saying hey, things are great it's kind of the recurring market here and maybe it's kind of stuck and moving slowly for the moment it's interesting how a lot of big losers, offsetting big winners on an index level kind of keep things a little calm, at least the way it looks on a day-to-day basis >> karen >> mike, on the comment about complacency, remember in the first half of the year, there

it's obviously also the worst day in the trump presidency since may 17th of last year when bob neweller was appointed. we all thought michael cohen was going to flip. he's been sending clear signals about that. for months all the people close to him all the people reporting on him, all my reporting, everything has suggested this was going to happen, something like this. but you're right. the precision, the clarity of it, the damningness of it, those things you couldn't quite anticipate. and the fullness that -- he's all in now. and as rachel suggested on the hand-off, what's about to happen is clear. there's some suggestion he may already be commenting with bob mueller. but if he's not already he's going to be. and the reason he's going to be is there's that sentencing hearing coming in december where bob mueller can walk in to the judge, can walk into the process and say you know, what michael cohen has helped us out a lot, he's not going to -- we don't want him to go to jail for five years, we want him to go to jail for fine months and that is incentive enough for michael cohen to giv

earlier this week a caller asked about newell specifically with carl icahn's stock carl icahn does own stock. even though are raw cost concerns for newwell's many differentiated consumer products, i think polk's finally getting his arms around what frankly became an unwieldy hulk created by the merger of jardin with the old rubbermaid. it's been a disaster after the close we get results from a slew of companies that provide real opportunities did you know marriott, a terrific hotel chain is down mid single digits for the year i think that's astounding. this is a premier operator i like it ahead in the quarter zillow, the digitized kingpin also reports and it's become the de facto techno realtor's side. it has much more than plain old advertising to sustain its business model these days. what i find compelling is the ceo has dared to try to dominate many silos of the trillion real estate market. and what he's accomplished is astounding every other stock that's connected to housing has been bruised badly here thanks to a lack of inventory and of course rising mortgage rates. but i think

make, newell-rubbermaid. you see the winners, losers, leaders, laggards in august. a active month this summer, back to you. cheryl: gerri willis from the floor of the new york city stock exchange. luke, obviously on the trade news, pressure on canadian dollar. what do you make of a last-minute term in the market? >> i think we have to stand pat. we don't know what is going on. we don't know how far canadians got. we don't know how president trump pushed things. we thought a month or so ago, canada would be easy deal. mexico would be a problem. mexicans had enrun, signed a deal. didn't want to be pressured as much as canada is about to be pressured. we'll see what happens. we'll see the give-and-take. cheryl: we'll see what the next 90-day period brings. last trading day of the month. the dow, another positive month for the dow. are you still bullish on the markets? >> i'm bullish but i'm cautious, right? markets went up really high, trees don't grow to the sky, et cetera, all that look at valuations and earnings, still time to be in the market, with protection and v

a legal strategy but also as a political strategy because ultimately, chris, this comes down to neweller'sclusion in a report and what the president and his lawyers are doing is countering that report already before it happens. >> kim, along those lines, i mean, they were admitting that there was -- they're now admitting there was a meeting. it's like he's tightening up his defense and his denials are rising on the question of obstruction. but he's now allowing -- he's doing a limited modified hangout on the collusion. he's now saying yeah, junior did meet with the russians at trump tower in june of 2016 but nothing came of it. that seems to be now their fallback position. >> i think that's also just something to confuse people because soliciting aid in a campaign from a foreign entity, the solicitation itself is the violation of the law. so when people ring your doorbell and try to sell the candy, the fact you don't buy the candy doesn't make it not a solicitation of a purchase from you in your home. that's the same thing here. it's really irrelevant. now, again, we don't know if the f.e.

commentator mike s santolli leading the dow today was disney while ibm was the biggest decliner on the s&p, newells was the laggard. what the message in the markets today? >> the message was in the absence of any real headlines you're well supported by earnings and it looks like the upward drift the path of least resistance it's almost as if the absence of a negative headline getting in the way means the markets can notch these gains on a day-to-day basis volatility really waning >> and that this comes despite a negative day in asia and flat day in europe. >> we didn't really pick up any of that kind of sell the -- selling snngt overnight. i think friday's job report, the earnings given the reason the credit markets are holding together pretty well to say, fine, the market refused to go down when it was hovering at this 2,800 level at the s&p. very weak momentum i would say >> we didn't have the were ezabout rising interest rates today either maybe that's one reason why we didn't see the raise in equities >> the ten year treasury is not wanting to move up that neutral rate that long-term picture i

. >> the newell brands saying the results for the rest of the year will be impacted by tariffs and couldt it $100 million that's a crock the stock down 13% on the news process and the toy industry saw sales jump 7% the first half of 18 they were bolstered by sales of robotic and interactive toys. >> thank you very much tyler let's begin with the markets the first trillion dollar market and the lehman anniversary the record bull market the shortage of milestones, not. mike is at the at the nyse how to make sense. >> doesn't it seem wamz is busy commemorating the landmarks. you hit on some in about two weeks time we are on track to basically christian the current bull market as the longest in history by the conventional definition there you see a 10 opinion year chart of the s&p that looks like a steady unbrumted streak since march of 200937 a month after that it's ten years since the dploegs of lehman brothers which brought on the crisis. and then apple we talked about last week hitting a trillion dollars. the subtext of the conversation is look how far we came in the mechanic does that m

newell is joining us from jersey, democrats line pretty good friday morning.aller: good morning, steve. it is a sad time that it started said we arecconnell going to make him a one term president and when the congressman shouted out "you lie." the only way the republican stay can survive now is to divided, is to accept the fact that even the other day to put the flag at half staff for senator john mccain and then to put it back up to the top, they have lost civility because that is the only way they could survive with their base as far as keeping us more divided. it is more like entertainment and it is entertainment because that is why it is acceptable that we have a president that "pocahontas."ator that any time it gets hot because of all the shenanigans that they are doing and the first thing is what about hillary clinton's emails or what about barack obama? the problem is, the only way usy could survive is to keep divided and try to make a wage where they can gain more -- the only sad part about it is old, white males are the only ones who are carrying the

. >>> newell brands, the parent of all kinds of companies actually, sharpies, mr.y're the parent company, they're warning about the dangers of tariffs. they say tariffs could cost them $100 million. investors are listening the the stock is down 4%. hertz a victim of uber. they lost less money. that is good enough for a 19% gain. look at it go. >>> marriott international hotel chain, they gave a not so rosy forecast. investors do not like that. down 2 1/2%. three bucks down. >>> that deadly weekend in chicago, at least 12 dead and 72 shot. some in chicago are demanding that mayor rahm emanuel step aside, resign. there is a big protest about that last week. reverend ira akry, greater st. john bible church pastor helped organize the protest. welcome to the program. who do you want to be in charge in chicago if it is not mayor rahm emanuel? >> thank you for having me. it is not about having someone in particular in mind. we need a person committed to justice, a person committed to fairness and equity for everybody. this particular mayor he is disinvested on the south a