the good news is newell and mccormick were the exception at the barclay's conference last week a lotrs expect this to be a nightmare but turned out to be better. we're not done with conference season and more pockets of weakness but the bottom line, when companies do cut the forecast, sometimes you get a newell situation where the negativity was expected and the stock rallies anyway and the mccormick situation where the numbers are bad, right now they seem few and far between, at least for the moment i say we take calls. let's go to frank in ohio, frank? >> caller: hey, dr. cramer, good to talk to you appreciate your advice i want to check with you -- >> sure trying. >> caller: i bought some shares of a few months ago financials look strong but it's really been beaten up over the past year i want to see what you think today about boot barn? >> this was one of the great growth stories i believe between the two there is a lot of buying and stuff but i got to tell you, while the stocks come down, it's still expensive and that's why dr. cramer says not yet. that's not yet because i don't

. >>> we start with trading 4:30 from now newell brands will lead at least at this moment, most stockse s&p. sara will have more on newell with their update for the outlook to the third quarter and the full year. back in a minute the choice between prop 26 and 27? let's get real. prop, 26 means no money to fix homelessness, no enforcement oversight and no support for disadvantaged tribes. yikes! prop 27 generates hundreds of millions towards priorities like new housing units in all 58 counties. 27 supports non-gaming tribes and includes strict audits that ensure funds go directly to people off the streets and into there's only one choice. yes on 27. you know the best way to travel is with the same three dudes you've known since 3rd grade. you know what happens in vegas... is mostly just eating... a lot of eating. you know nothing brings the guys together better than a movie, about a man and his dog. you know beer with the boys is a great experience, but nothing can beat pinot with the pals. the delta skymiles® american express card. if you travel, you know. this thing, it's making me g

newell will expect sales to decline this year.tock is down 4.6%. >>> another rough day shaping up for cryptocurrencies, this after bitcoin closed at its lowest level since june down about half a percent. it's not just digital assets stocks in this space are also getting hit hard coinbase coming off its 13th down day in 15 get this, more than 75% this year. >>> microstrategy, ride blockchain and more also sharply down cnbc's mackenzie is joining us now. are we seeing a new shift in sentiment? >> good morning, seema it's not necessarily there's been a new shift crypto prices are based on one or two things. also it has a lot do with macroeconomic events so when we see the fed boost up the interest rate hikes, we see crypto prices move on that the fed chair recently made it clear we're likely headed for another big bump-up in september that will suck liquidity out of the system on the regulation front this week is the deadline for federal agencies to respond to president biden's executive order on cryptos. so we're expecting to see th

his words about a human shield defending the city the shallow herself scold sheila boy was a lonely newell styled although we'll show clear he left a slower for ideally should come fiddle royally for last month and it was a sunday hers. ask your schedule and it's for it. you know, so possibly new ladies to little tough when you're le demilia was in touch on blue shield oil. slowly, i since 2014 variable and the don bass region of being considered disloyal territory by cave, stay tv channels, opening the call to suppress the pro ration sentiments of the regions, residents in the most radical manner. no, it's in the past of the presume that are you on the doesn't meet them next. it just took on the percentage. yep. yep. yep. but i'm not that. what do you think you could ever post of with just to you or should boosters really condenser? picky store said you may unique when your school got school was to web hosting. that'll go near it. i need to, ah, with eclipse frazzled pacifica curve for the delay. she should, she couldn't come good with the local residents. explain the nationalist cruelty

all scotia boy was unwilling newell styled although we'll share, won't kelly, he lusciously or for ideally, she'll go, fiddled willingly for last month and it was a sunday hers ask your schedule is for it, you know, so personally and you do you still waiting for your la emailing, it was really tough. sean, like, he always slowed me away. i since 2014 variable and the don bass region of being considered disloyal territory by cave stay tv channels . oakland, he called to suppress the pro russian sentiments of the regions residence in the most radical manner. you know, in the past of the presume that is, you know, doesn't meet them next. it just talk on the percentage. yep. and if people have not got it, what do you think you could have a post of with just to you? orchard booster and as really condenser becky store, so you may unique when your school guns could was to capture some that of go out of it. i need to part with chrissy to push fries a loop to pick a curve for the deluxe. you should students come gamble local residents, explain the nationalist cruelty simply in 2015 pro russian mili

this is one i like newell brands. every day things sunbeam. crockpot contigo.rice was this low was 20 years ago revenue is double. yielding 6% from a year ago. pe of eight times price to free cash flow of seven times you could go up 40% to 50% these are some names you want to look >> eric, i know you are looking at the bond and credit market. 2-year treasury is a great place to put your money. are you looking at corporate credit are you looking at high growth or more focus on investment grade? >> yeah. great question you know, we had such a big move this month in rates. so bond p prices have dropped substantially the last few weeks. so, for our clients, we like tax-free bonds municipal bonds. high quality bonds over 4% tax-free for people who live in states with high state taxes, that is more attractive. on the corporate side, agree for lower risk and high quality and short-term credits anything in the two-to-four year range. for the ability tie o take risk, you can get yields 7% or north we have not seen this in a while. the prices have really dropped we do se

so again, the $90,000 is comprised of individuals and it's comprised of companies such as newell homel across the community. 16 schools, 635 teachers and 8,643 students positively impacted by a tiny little idea such as bedford county adopt a teacher. i am so honored to be a small part of what has become truly a community movement here in smalltown america. >> well, you are very humble. we will get to that in a minute, but talk to me about what it's like to be a teacher in bedford county. i know you're not, you're a mom and a working mom, at that, but do you think this is giving teachers the boost to say these parents, they really appreciate me? >> 100%. while this was started to help to alleviate some of those out of pocket expenses, it's so much more than that. it has delivered this enormous amount of gratitude that's truly become a campaign about more than pencils and crayons, but instead, a pep rally. a pep rally for the summer to really just get our teachers excited about going back to school and truly transforming their mindset. creating a culture, a place where people can give a

cory newell. and she is like a lotto ticket, the allure vanishes once you scratch her.butor kat timpf. we have to do a shout out to america for killing a terrorist! we killed it -- what's his name? something like that, cory? i was not even close. >> you want close, but we are used to it. >> he struck it right. >> it is peter strzok. >> i did not go to college. >> have not even brought up the fact that i was a cabdriver. but i did -- >> who saw that coming? >> but i knew three guys in my garage with a last name, so they were like -- i said for what, speeding? told him to slow down. it's because was worth it. >> greg: that joke is almost as bad as your jacket. >> i cannot decide if i wanted to be a guest or the piece of the furniture. further to that cabbage patch dolls, so work with me here. >> i can't even say a salute to america without that. what is interesting, let's get into the show since you ruined that opening. can we do a chance? what is interesting as i was talking to adam: he says there is silence about the show in hollywood. >> they don't say a word. you're t

robert newell lot about dating sites, he is a p. i., remember?ckenzie was missing, that just might have something to do with it. >> i went straight home got on the computer and got on to seeking arrangement and within an hour, two hours i had found her profile. >> there she was, beach baby 96. >> what was interesting about her profile is that it was very authentic and honest. she wasn't really hiding who she was, she was pretty specific about -- 23-year-old, grad student studying kinesiology, california girl. likes to drink wine, likes to go out, likes to travel, looking for somebody to do that with. >> a little bit more pg than some of them, maybe? >> yeah. >> soon as he founded he sent a screen grab of mackenzie's profile to the salt lake city police department. >> this was definitely another avenue that we had to look at, and track down anybody who might have been in contact with her. >> mckenzie appeared had compartmentalized information about her life. >> the plane ticket to los angeles, for instance had been paid for by man she had met thro

seattle, the idea that these pepsico alums are doing a lot of moving and shaking another brand is newelling volume, but this is the company behind brands like calphalon, crock-pot, sunbeam it cut its full-year financial guidance, and what newell did is cite birg bigger than expected back it remains optimistic about the back to school season or the commercial-oriented business next up, netflix shares, fractionally higher, the streaming video giant is getting some help today from analysts at mccrory who've upgraded that stock to a neutral rating. they have a $240 price point there. they think it will increase as they get more revenue from the ad-supported platforms, and we're going to end with a check on bitcoin prices. we did hit a low for the year in yesterday's session, depending on which kind of metric or exchange you want to look at we haven't recovered since the june low levels. we're a hair above 18,600. it takes the total market capitalization of the entire crypto sphere back below that 1 trillion mark. that's a level that a lot of folks like to watch psychologically for whether th

renee newell. >> christopher c. newton. >> nancy yuen ngo. >> and my husband mark adam brissman.re so dearly loved and continue to be a guiding light for me and my family. i want to express my gratitude to the first responders, especially those responsible for the recovery and return of my husband's wedding ring, god bless you, god bless mark, and all of our loved ones. and god bless america. >> and my uncle bart joseph risai. only our lives overlapped a year your memory is kept alive by the stories of our family and we can only hope to make every celebration like you did, we love and miss you. god bless america. >> jodi machello. >> katlyn a.nikosa. >> martin stewart. >> asan joseph nedimeyer. >> gloria nieves. >> juan nieves jr. >> troy edward nilsen. >> paul nimbley. >> john niven. >> katherine noack. >> curtis noel. >> michael a.nort. >> daniel r. nolan. >> robert walter noonan. >> jacqueline norton. >> robert grant norton. >> daniella r. notaro. >> brian christopher novotny. >> soichi numata. >> brian nunez. >> jose nunez. jeffrey roger nussbaum. >> james a. oakley. >> denni

newell be 54 and 63 the increase of a dollar a foot. >> the expenses that we incur remin the same as does the premesis 8, 862 square feet. at this point in time i would like to ask that there be an ma'am to the resolution hopeful locality city attorney will be able to confirm nonsubstantive and with your permission i like to read those in the record. >> thank you. >> on page 3 of the residence luges lines 1 and 2 read, where as funding in future years subject to the enact. ordinance and will be stricken. on page 5 of the ordinance the controller cert ifksz block added was omitted in the original resolution. tell state the availability of 772, 792 dollars, which is 9 months base rent and that money coming from 2 differents fields as listed in the amendment. >> with those amendments this concludes my presentation. i stand ready to answer questions you may have. thank you. why thank you. report from the budget and legislative analyst. >> thank you. nick from the analyst. item one resolution approves an amendment to the city's existing lose with within 20, 14th street for 1540 folsom str

newel was a miss and then, i don't know, you could call bed bath a miss, but that was a while ago ift is so weak, and if everyone's so worried, why not slash right now? why not just say, you know what? things aren't good that, i'm not getting. maybe there's some hope. there's some hope, by the way, when it comes to europe, because of the ukraine offensive, that is become, i think, front and center in why the market could rally. >> yep we mentioned some of the euro strength today euro dollar up a percent, that's staying about six months eur european nat gas, one month low. germany today saying storage could go to 90% and then a bunch of, obviously, hot takes on what this means for putin's image as, you know, of competence and stability and whether or not he's going to start to get some pushback internally, not to mention the operational gains that ukraine has made. >> don't want to be too historical but in the war against chechnya in 1994, led by yeltsin, there was a terrible defeat and one of the reasons is because the chechnyaens united against russia when chechnyaens abandoned chec

segment for consumer in the second quarter, which we talked about, which we have addressed with a newell addressing that tier and as i said here at this event that we are seeing good traction, both in our stores the last two months. we have seen gross adds coming in the last two months sequentially, month-to-month growth we see the things going to market is coming in and making a difference. >> i wonder how do you balance needing to be promotional and with your investors for free cash generation, for ebitda. >> if you look, this year we took down our guidance in the second quarter to be flat to minus 1.5% that still means we'll do between $47 to $48 billion, which is way higher than anybody in the industry, double some of the guys in the market we are thinking a lot about balance between getting new customers but at the same time, creating this cash flow that is so important for our capital, for our dividend we increased, 16 consecutive years we just increased it 2% again. we want to put our board in a place where they can actually do that for our shareholders. i think we're really good

today the commission has been unresponsive to newellous requests for information from a concerned public. we care about the environment. we look to the commission to be responsible stewards ever river by increasing flows in the river. thank you. thank you for sharing your comments. next caller. 2 minutes. >> good afternoon. i'm martin. and i would urge the sfpuc commission to push sfpuc staff to respond to requests for information from the public. after tw years and 7 workshops sfpuc shoes a lack of honesty when addressing public concerns about the river flow and water storage of upon given the desideline in salmon first -- we need to answer the following. first the spawning season will be upon us and what will the sfpuc what will they do to assure we don't have another disasterous season. sfpuc has responsibility to address inflated water demand projections coupled with comfortablive design drought in i meaningful way. saying the worry and lose sleep when the residence virus get low does in the cut temperature between the storage and water rights most years sfpuc is approximate suspicio

show me newell brands please, interesting company they own rubbermaid, yankee candle, mr.rella, they must have done something with their outlook. lauren: they cut their outlook for the year, because of inflation, so the consumer is shopping differently, because of higher prices, but also, the retailer. they see significantly greater than expected pullback in orders that merchants are making from them, so that's why they cut their outlook for the year, stocks down 2.5%. stuart: we have a great story later on the explosion in luxury car sales in the united states. the moral of the story is if you've got it you're spending it if you don't have it, you're cutting. lauren: or it could be cars of all types and price ranges are so expensive people are saying what's another $10,000 i might as well splurge on exactly what i want because there's no deals. stuart: you got the extra 10 grand you'll put it down i understand it. and then we've got nio, the chinese electric car company , they were down big and now they're up 2%. lauren: i think they are up because their deliveries for th

newell brands up .50%. royal caribbean up as well and nike and caesars and corteva are down stay tuned you are watching "squawk box" on cnbc >> announcer: this cnbc program is sponsored by baird. visit bairddifference.com. esg is responsible investing. who's responsible for building esg into your investments? at pgim, the pursuit is on for outperformance. as active investors, to outdeliver with customized strategies, integrating esg best practices into our investment decisions. as asset managers and fiduciaries, to outserve, with our commitment to better esg outcomes. join the pursuit of outperformance at pgim. the investment management business of prudential. millions have made the switch from the big three to the best kept secret in wireless: xfinity mobile. that means millions are saving hundreds a year with the fastest mobile service. and now, introducing, the best price for two lines of unlimited. just $30 per line. there are millions of happy campers out there. and this is the perfect time to join the