i prefer noodles, i prefer chipotle, perhaps after panera reports and goes down, i might prefer panera. all those i think are a more healthy eating situation and that's what i'm looking for going forward. let's go to travis in indiana, please. travis. >> caller: hey, great to talk to you, jim. >> thank you, travis. >> caller: can i give a quick shoutout to my wonderful mother in ohio named sherry? >> absolutely. sherry, thank you for watching. go ahead. >> caller: and my stock today is align technologies. they went up a whopping 26% today. and i want to know, with all opportunity overseas for them to expand, do you think it might not be too late to get in on this stock? >> you know, this one went up and i know why. because i recommended it many years ago and then it reported a bad quarter and then a couple bad quarters. there is a heavy short position here meaning people are betting against the stock. they got fooled. i say that, by the way, today in athena health. same thing. good number, upgrade, boom. you can't buy it now, sir. it is just too high. but i'm glad your mama listens. al

i prefer noodles, i prefer chipotle, perhaps after panera reports and goes down, i might prefer panera. all those i think are a more healthy eating situation and that's what i'm looking for going forward. let's go oh to travis in indiana, please. travis. >> caller: hey, great to talk to you, jim. >> thank you, travis. >> caller: can i give a quick shoutout to my wonderful mother in ohio named sherry? >> absolutely. sherry, thank you for watching. go ahead. >> caller: and my stock today is align technologies. they went up a whopping 26% today. and i want to know, with all opportunity overseas for them to expand, do you think it might not be too late to get in on this stock? >> you know, this one went up and i know why. because i recommended it many years ago and then it reported a bad quarter and then a couple bad quarters. there is a heavy short position here meaning people are betting against the stock. they got fooled. i say that, by the way, today in athena health. same thing. good number, upgrade, boom. you can't buy it now, sir. it is just too high. but i'm glad your mama listens.

paul ssler is live at panera in towson...ns fans about their first- place status th morning. paul-- first place... at 3 and ... along with the browns and bengals... who were alo victorious this ek... ray ric had a season hi74 yards rushing. ..ce two touchdowns. no takeaways.... but, timely defensive plays... including an elvis dumervil sack to push the dolphins game- tying field goal attempt back to 57 yards away. addressed post- t thing me... those vens fans who owed up in nk you. ourns. thank uke halt more pud to be e coach of the ro- and- four.still stand even barbie has to obey the law. a barbie jeep was spotted rked in the wrong place in a utah neighborhood. and th's when thal police got involved. the bright orange tag made it clear. someone parked her jeep.. blocking a driveway! (reporter: who left out the jeep that night?) "autumn." "i think i left it on the sidewalk." "how do you leave it on the sidl officers had a soft spot for the tiny drivers.. and didn't impoundhe vehicle. is fall making a comeback? jonathan myers

panera's sales have held up quite nicely, even through the recession. we think this is clearly much more of a glitch in comp growth. we expect that to resume much more towards it's historical range of 3%, 4 wers, 5%. >> so panera, if they hire more people and get people in and out quickly, does it last more than a quarter or a year? >> more in the range of two to four quarters. in the longer term, we think it results in the resumption of a more solid top line growth. >> what do you tell people to do with panera? if it's down already 4.5% to 5%, do you tell them to go out on and this wait. >> i would remember biology on the dip. there's still pretty strong unit growth. they're adding about 125 or so unit these year. we think that could accelerate. and there's still untapped potential for international, which the company really hasn't scratched the surface of yet. >> can mcdonald's turn it around, too? >> mcdonald's seems to be more of a play on europe at this point. mccdonald's gets more operating from europe. that could be the way to play it. >> carbs.

we just expect panera to do the same. >> i know you like q-doba. >> i think -- panera last quarter was lousy. i think you would agree with it. >> i don't think anybody is giving these guys a chance to have an interesting quarter. >> then from hero to zero, jp morgan reaching a settlement with the justice department. but? >> nobody puts baby in a corner. >> nice. >> it doesn't look like shareholders are worried yet. we have got the jp morgan story next. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading. >> so i thought that was an interesting point as we see netflix shares and how they expect margin improvement. that is pretty much the same as last year. why not more. they could show gains over the prior year.

success is coming at a cost for the panera restaurant chain. the ceo tells investors -- the restaurant's rise has been so rapid-- it's starting to effect quality. also, customers are walking away because they don't want to wait in line. the plan now is to hire more workers, add extra equipment and ease overcrowding at some locations. panera stock rallied to nearly $200 this year. it closed last at $153. coming up.... a star studded film takes on a critcally acclaimed box office winner. who takes the top spot? find out in movies and money. and later in chart talk.....an airline stock with soaring potential..... don't go anywhere! ehicle. when i came here, i... i couldn't move. [male announce david was broadsided on the highway. they weren't very hopeful at the time that he would survive at all.. [male announce an ied wounded mike in afghanistan. i don't remember all of the blast... was over 500 pounds of explosives. [male announce their physical injuries have healed. the traumatic brain injuries - tbis - haven't. the way i describe it is you're

i told you to be careful of panera. that was correct. lower gas prices also helped starbucks, which shot up to an all-time high today, despite the fact that we hear all these negative stories about china. don't forget, we're going to sit down with ceo howard schultz tomorrow and talk about how business is doing. lower energy costs, also go to the bottom line of the transports, including the airlines and freight companies. and delta reported its best quarter ever and was able to raise prices nicely without resistance. did you hear me? an airline company able to raise prices without resistance? fedex won't quit. it's up another couple of bucks again. retailers have been down in the dumps, quarter, nice bid, walmart, target, and tjx performing extraordinarily well. is tjx not the unsung hero of this market? international companies can start benefiting in the currency translations. you know i thought the decline in honeywell was fatuous yesterday. said the same last night. and today the company boosted its dividend by 10%, which was sharply

year-to-date, panera is up 2%, year-to-date.ositive territory, underperforming the overall market for sure. also underperforming some of the other fast-food type chains such as mcdonald's or burger king or wendy's which all cleary doing bet they're panera this year. we'll continue to follow the story. they did have bakery cafe sales that did well that were up 1.3% but the big picture here they are warning and anticipation here is a little less than what was originally expected from pa nair a that is why you're seeing the stock sell off pretty dramatically in the after-hours. back to you. david: by the way, let's not focus on the negative. this is the fourth day in a row record returns on s&p. cheryl: s&p 500, futures, nicole, thank you. go back to lincoln ellis in the pits of the cme. there you go, lincoln, fourth straight record close for the s&p 500. nice. >> loving it for these guys behind me. last week they were trying to get options positions established for next expiration. flat line 1100 we're hearing bids out in the 1800

i think panera bounces back. i do like chipotle too.mportant than the downgrade at panera. yes. >> peter from new york. wondering with the upcoming budgetary battles, what do you think of the cyber security providers that have recently got -- >> what? >> like a csc. >> i like them. i think they're not going to be bound by the multiples, i think it's an exciting year. david faber and i talk about cyber security, they're still worthwhile. still worthwhile. >> lauren from new jersey. i want to know what you think about the future of frontier communications. >> no. i don't want to touch it. i don't want to touch it. i've got my hands filled with at&t and verizon. i don't need frontier. yes? >> hannah from florida. what do you think about fifth and pacific? >> which one? >> fifth and pacific. >> yeah, you know, not bad. i misjudged it. much better than i thought. apparel, you've got to be careful. but it's had a good run and i was not on that one. i didn't think it could have that kind of run. it's a good call. yes? >> hi, jim. i was wonderi

paul gessler is live at panera in towson... talking to ravens fans about their first- place status this morning. paul-- first place... at 3 and 2... along with e brns and bengals... who were also victorious this week... ray rice had a season- high 74 yards rushing... .scored two touchdowns. but, timely defensive plays... including an elvis dumvil sack to push the dolphins game- tying field goal attempt back to 57 yards away. of course... it was widleft. the first thing ravens coach john harbaugh addresed post- game.. those thousands of ravns fans who showed up in south florida.. john harbgh: "it seemed like half the stadium... i'm so proud of the baltimore ravens fans. thank you. thank yo. our players went over and said something to them after the game. they were amazing. they were loud the whole game. just couldn't bemore proud to be e steeleremain winless. s: they we off yeterday... and yin.and- fourcomi turning the impossible... into a reality. the challenge a retired musician accepted... in order to make a young girl's drea

>> i've long been a fan of panera bread. they've had their own ups and downs.ings season, seven out of seven restaurant companies have missed earnings now. i have no reason to believe that companies in the coming week, like panera, will be able to buck that trend. however, i think it's the road ahead. if you focus on what i believe is the potential for panera as they move into this coming year, i think you want to own that stock. >> this is a stock for 2014. a price target of 20.12. thanks much. >> let's get to jackie. >> watching shares of ebay. john donahoe backtracking saying he didn't mean to sound so negative on the outlook for the holiday season. he blamed his tone in part on illness, saying he and the cfo had colds. even still, he highlighted they likely aren't seeing anything different than some of the others out there. they were just the first to report it. trading higher, up 2%. >>> billionaire toys, skinny skies and sleet texting, three most outrageous stories coming up next. ♪ ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and

paul gessler is live at panera in towson... where he awaits talking to ravens nation. ul-- glimpes of ravens football came to the surface agan sunday. dolphins quarterback ryan tannehill was facing heat from the ravens 'd' all afternoon. justin tucker kicked four field goals... incuding what would be theame winner. ray rice h a season- high 74 yards rushing... ...scored two touchdowns. no takeaways.... but, timely defensive plays... including an elvis dumervil sack to push the dolphins game- tyi field goal attempt back to 57 yards away. of course... it was wide left. john harbaugh... on the thousands of ravens fans in south florida... john harbaugh: "it seemed like half the stadium... i'm so proud of the baltimore ravens fans. thank you. thank you. our players went over and sai sothig to em after t ga. they were amazing. they were loud the whole game. just couldn't be more proud to be the cach of the ravens after that experience." hard to quantify how many ravens fans were actually at the game. let's just say half the stadium looked pure. are you our biggest fan? then

i call it my panera. it is everybody's panera. it is not my panera.ion they ought to have more people behind the counter. maybe they will have to spend more on labor and machines. people leave when they see a line. that's why chipotle has been so -- >> you have just been to chipotle. >> that's unfathomble. >> i didn't say they have never been. i have never been. >> you just go to taco bell. >> we used to go to one near fort lee. >> when you stay up really late at night, taco bell works. sometimes because you have had too much club soda. >> specially club soda that is mixed with something like lime. >> back to your wild days, jim. >> and that basket of crystal burgers, that could change the whole world >>> let's get to pisani, see what's moving on the floor. dow down 15. >>> a modest move to the down side. we are halfway through the earning season. a couple of trends. earnings are improving. you know the game. they have knocked the numbers down going into the quarter. we started about 2.9% gain in the s&p 500. right now, at 4.5%. guys, a significant ga

>>> panera, as predicted, not that strong. they will get a reset, we can go back to panera. carl icahn sells a big stake in netflix. there's always a bull market somewhere and i try to find it right here you on "mad money." i'm jim cramer and i will see you tomorrow! disastrous obama care web site and call center. tech experts from company like verizon are joining the effort and former omb director is now in charge of the big fix. the focus on the technical problem misses the big picture. obama is a wealth redistribution program and it ain't going to work. and speaking of work, today's tepid job report for september makes it plain the economy is slowing. economy may be even softer. and here's a new irs scandal. turns out the government paid out at least $110 billion in bogus tax credits over the past decade. a major culprit, the earned income packocome tax credit. all those reports and more coming up in "kudlow report" right now. >>> good evening, everyone. i'm larry kudlow. this is the "kudlow report." weep are live at 7:00 p.m. eastern and 4:00 p.m. pacific. we want to giv

and more on subway at panera. when i'm armed with a corporate credit card, i would want to got to roots but a lot of people like the convince and the quickness of some the fast food places. >> and this could be also at your airports, too.o. >> that's true.. >> lauren, thank you so much, wk will see you tomorrow. >>> yesterday we talked about a proset of planned for friday ono ther beltway. this morning new details why itt most likely won't be happening.p >>> the redskins coming off of a by week, looking to get a second win of the season. but can they win in dallas. the sports junkies doing a slide after the break. i got you white chocolate pumpkin. oh, please don't call me "pumpkin." no, white chocolate and pumpkin. oh! pumpkin. ha-ha! pumpkin is back at dunkin' donuts. hurry in for delicious pumpkin coffees and lattes today. america runs on dunkin'. what can yodesigner jewelry.xx? the hottest beauty trends. the latest handbags. style for your guy or your best friend. for less than department stores. check out all

paul gessler is live at panera bread in towson... where he is talkig purple pride with the regulars. paul-- glimpes of ravens football cameo the surface again sunday. dolphins quarterback ryan tannehill was facing heat from the ravens 'l atnn. ti ter kicked four field goals... including what would be th game winner. ray rice had a season- high 74 yards rushing... ...scored two touchdowns. no takaways.... but, timely defensive plays... including an elvis dumervil sack to push the dolphins game- tying field goal atempt back to 57 yards away. of coue... it was wide left. john harbagh... on the thousands of vensfans in souh lorida... johbaugh: "it emed khalf e stium... i'm so proud of the baltimore ravens fans.thak yo. thanyoor players wet over and said something to them after the game. they were amazing. they were loud the whole game. just couldn't be more proud to be the coach of the ravens after that experience." hard to quantify how many ravens fans were actually at the me. owfyour rplerendurple. you could win a prize from fox45. eve

. >> panera reported last night and you and i think the world of ron shake.talked about throughput problems. chipotle, another management team, really extraordinary. before they got back onboard there were problems particularly at lunch. i look at this and say this is a complicated deal, howard. how will you get people through the store in time to make enough money? >> well, unlike panera or chipotle or for that matter starbucks, the average sale at a teavana store will be higher than the average sale of starbucks or the ones that you've mentioned, and so we do not need the number of transactions in a teavana store, however, the beverage component is going to drive incrementality, but this is a different environment. it's more merchandise. it's more high-end tea and as a result of that we'll not have a throughput issue. with regard to throughput, i will stay that starbucks cracked the code with that over the last three years because of the loyalty card and because of mobile platform. we are now processing at starbucks almost 5 million mobile transactions a we

if you look at the competitors, they are all done pretty well. 1500 for panera. guys only have 300. a lot of room for growth. adam: all right, jeff flock. reporting live to us from chicago. lori: saks fifth with a new wave the stores are operating luxury for less. adam: open for business four days ago. are things going more smoothly for those health exchanges? ♪ when we made our commitment to the gulf, bp had two big goals: heso we could be rea better, safer frenergy company.d i can tell you - safety is at the heart of everything we do. we've added cutting-edge technology, like a new deepwater well cap and a state-of-the-art monitoring center,he experts watch over all drilling activity twenty-four-seven. and we're sharing what we've learned, so we can all produce energy more safely. our commitment has never been stronger. if you've got it, you know how hard it can be to breathe and man, you know how that feels. copd includes emphysema and chronic bronchitis. spiriva is a once-daily inhaled copd maintenance treatment that helps open my obstructed airways for a ful

he didn't mention the term panera. i did. the result, once again, a fabulous quarter was met with selling thanks to fears of overvaluation and the stock drops 2 bucks from the get-go. then starbucks claws its way back as people recognize the phenomenal and consistent growth of the enterprise and finishes up for the day. the commonality both conference call managers trying to explain how good business is and analysts crafting possible theses about how business as peaked. it's all downhill from here and we're dealing with bubbles. if you think the market is in a bubble mode you certainly sell every share after starbucks. facebook is selling for over 60 time, must be public enemy number one for those who want to burst the bubblicious bubbles. and they're probably eager to short it. if you're trying to make money and know growth is hard to come by, you need to buy, not sell these kinds of companies. sorry. that's ma works. best of breed companies. yes, there are pockets of overvaluation. and in this and every other market we've e

and in between, panera. it has continued into this week. we saw limited, gap, costco miss their comp. it shows there is a consumer out there, regardless of the s&p is back to 1%. underlying the consumer here in the states, it seems tapped. >> october the weakest in nine months. this is what we saw the last time we had this debt ceiling issue. >> so we have all the headline news. that's obviously not going to improve. one of the other things that could improve sentiment, rising participation, falling unemployment. other signs of real economic strength. consumers really need to see that. they need to see incomes rising, make sure government is working. they don't have either. i don't see any reason why people should expect consumers to be out there spending like crazy. the only thing they are spending on is they think they are taking advantage of a discount right now. i run out and buy a car. section 1, 79. >> only mike khouw. >> the only thing doing well is nike. nordstrom has been wallowing side ways all year. or abercrombie and fitch has b

parallel logic, think of the market cap chipotle exceeds, burger king windy's jack in the box, domino's panerat the same time. i don't think this company is worth that. so i'm not paying that multiple. >> he did his homework. he had 50 times trail, 40 times forward. it's too much. so much richer. it's been parabolic, but when it stops, it's not going to be pretty. >> grasso you're a fold. >> i am. i like momentum plays, but b.k. is right it's running out of gas here. margins are going to get compressed a bit here. and the chart on this is just too parabolic for myself. >> let's hit the score card. across the board, on cmg, chipotle, folds, all those handsome guys they say no change you. >> total request fridays, okay we want to get to your tweets out there. this one is from golfer. when is it okay for ceo's to comment on their company's stock valuation, they should be in trouble like netflix and tesla. >> it was odd he did that. and we talked about it netflix, we talked about it on the show. he shouldn't be in trouble for is. i think he was just trying to be -- i thought it was odd he did it.

and we then on the low end had target and walmart disappointing and then in between, we had panera, somef these restaurants. so it's continued into this week. we saw limited, gap and costco miss their comps. so to me, it shows that there is a strained consumer out there regardless of whether the s&p is 1.5% back to its all-time highs. it will make a new all-time high at some point in we have a resolution. but underlying the consumer here in the states seemed tapped. >> sentiment is terrible. the latest numbers from october, the weakest in nine months. and this is sort of what we saw the last time we had this debt ceiling issue. >> well, so we have all of the headline news things. that's obviously not going to improve sentiment. one of them would be falling unemployment, rising participation. you know, other signs of real economic strength. so consumers really need to see that. they need to see incomes rising. they need to make sure the government is working. they don't have either, you know, i don't really see any reason why people should expect consumers to be out there spending like cr

then in between, panera, we had restaurants. so it's continued into this week.saw himitted, gap, and cosco miss comps. to me, it shows there's a strained consumer out there, regardless whether the s & p is 1.5% back to its all time highs. it will make an all time high in the next couple weeks with f we have a resolution, underlying the consumer in the states seemed tapped. >> we saw this the last time we had this debt ceiling issue. >> well, so we have all of the headline news things, that's not going to improve. one of the other things that could improve sentiment, one of them $8 be falling unemployment, rising participation, other signs of real economic strength. so consumers really need to see that. they need to see incomes rising, make sure the government is working. they don't have either. i don't see any reason why people should expect consumers to be out there spending like crazy. the only thing they are spending on, are those things where they think they are taking advantage of a discount they are getting right now. low interest rates, i run out and buy

after the close, we'll amgen and panera bread. european equities, fairly flat.7b9s below fair value. the nasdaq is about nine points above fair value. the s&p 500 is pretty much 1.5 points below fair value, as well. wa do you do? jobs are in focus. here is a recap of some of the thoughts the experts have had this morning. >> we look at what's in the spot markets and in option markets. the view has moved vithly against the dollar. so concentration come market pricing, it's quite attractive because there's a risk reward perspective if we get a price in the data and we're starting to get a data thick and fast now. we think payroll will be stronger in q4 than in q3. in that situation, you could get quite a shot in the arm. >> so it's still die verging pasts. so the entity is not anywhere close to removing the core. the fed, they want to taper, they cannot do it now. but eventually, they will. >> i don't think the market will pay too much attention unless this is a big one on the up side or the down side. there's a lot of emphasis on this number relative to whether o

paer panera was awful. >> chipotle was okay. >> but yum in china? okay.nk it's endemocratic of what's going on with the consumer. i think the consumer is strapped. this was a big valuation going into this. don't be trying to buy this. >> do you extrapolate to the retail space? >> i think that the competition in restaurants is fierce right now. i think that's really more of the issue. i do think that the consumer is choosey. they are buying home related things to healthy foods. >> likes the way men's warehouse is skreeping at us. shares he has been advocating for change at joseph a. bank. and you said the last time that you thought it could be worth $70 a share and that it has a lot of cash. you know what it's going to do with the cash. are you worried about them overpaying? >> when we wrote our letter, we were concerned that they were stockpiling cash and that they could use that poorly. the company does not communicate well. our concern was therefore we had no idea what the cash was going to be used for. >> that was very scary. this deal makes a tremendo

we heard from panera bread, they did not do so well in the latest quarter.cheesecake factory has to bring. what kind of traffic they have had in their restaurant. tracy: we will see you in a bit. ashley mentioned caterpillar. it is being blamed on demand. the signals of a decade-long boom happens to be over. is that true, or is this a one off for caterpillar? >> tracy, i don't think it is a one off. i don't follow line by line, but i watch the megatrends for the international market. this is not a one off. they have missed in demand but it is construction equipment or i guess this last quarter more on the mining side. both of those to me signal a bigger picture issue, which is for economies based on selling commodities to other countries, i think it is a red flag. for places like australia and latin america countries, this is an important signal. the developed markets, particularly outside the u.s. developing specifically europe and japan the biggest in the portfolio. ashley: europe, japan, korea on your list. you had a slight overweight to korea, how come?

panera taking a hit on earnings today, down almost 5%. stay tuned. a moment. >>> welcome to the "earnings squawk," helping you trade the stories you may have missed. i'm melissa lee, and joining me is dominic chu and herb greenberg. herb is fired up about this one. this is true. the stock is up big time, but truly of less worse is good. >> well, you know taeshs interesting, yesterday talking about it, we said some investors would look at this as an inflection point. the company came out. the guidance was not good. its enrollments, it missed. but one thing, it said it would cut costs. they see this as a turnaround play, as a value play. the cash is there. the question is, will it be, how long will it take? >> it's not just -- it sets the tone for all of the for-profits. this is the first one, and cocoa, and it could be a good story. >> enrollment down 22%, and that's better from the third quarter of 2013. the student base next year will be smaller. this is an interesting move here, 25% gain in today's session. let's talk about cree share, because also

not true and that's not right ♪ ♪ but i'm not going to tell the that tonight driving my mini van to paneraing and i can keep on going ♪ ♪ all the best moms all right now all the moms the best now ♪ ♪ word from your mother [ cheers and applause ] >> jimmy: there you go. word from your mother. thanks to everyone who submitted. and thank you to all of the awesome moms out there. we love you guys. if you want to watch it again, visit our youtube page at youtube.com/latenight. and be sure to subscribe while you're there. we have all kinds of good stuff online. stick around, we'll be right back with keanu reeves, everyone. [ cheers and applause ] ♪ i want to thank all the moms for doing freestyle because you're awesome ♪ ♪ hey thanks a lot i was going to say something else but i almost forgot hey jimmy ♪ hurry in to sears for our columbus day mattress needspectacularress? get up to 60 percent off, plus an extra 10 percent off, with more ways to save, and free delivery the deals are here. sears. could save you fifteen percent or more on car insurance. mmmhmmm...everybody knows that. well, did you

and olive garden are reporting lower numbers as diners move to fast casual chains line chipotle and panera. i'm john matarese, abc2 news. >>> listen, we have an important warning for pet owners. the fda is looking into reports about jerky treats, making dogs circumstance even killing hundreds of them. officials with the fda are looking to pet owners and vets to report any possible cases to see if they clan find a root cause for this problem. even without a lot of information, experts said this has been on their radar for awhile. >> we will have to go into high gear about educating our clients and what symptoms to look for. >> so dr. brand gave us some of the symptoms to look out for. she says if your pet isn't eating well, has changes in thirst, is vomiting or seems more tired than usual, then get them to the vet and checked out right away. >> all right. we're still taking your house calls and talking about diabetes. thank you for joining us, doctor. tell us about your clinical background and your experience in diabetes and endocrinology. >> i finished my training at the national institute

panera bread lower after market earnings. met estimates but sales fell short.ling short. and cree reporting in line with estimates but lighting equipment maker, guidance disappoints so shares lower in the after-market. back to you. >> thank you very much. a next guest was a colleague of our co-host today, jack welch. they've seen business go up and down, and in a cnbc exclusive xlre founder bob nardelli joins us to talk current state of economy, politics and a lot more, and of course jack welch back with us for the hour. tell us about xlre. >> first of all, congratulations on your anniversary. >> thank you. >> it's great to be sharing our mutual mentor here. >> that's right, my mentor, jack welch. >> thank you for having me on. >> you have to get pretty lucky to have a boss like jack welch. >> i was beaming ear to ear and i saw him walk in. it's great to be with you, jack. >> great to be with you, bob. >> what are you doing at xlre? >> we're focused on the midcap businesses. we've done about seven deals so far this year in a lot of different sectors, as jack sa

they are all not paneras. >> once the restaurants go public, expand and grow real quick, keep it allng, but it is location, location, location. make an excellent point that not all sides are made equal. >> you know, gordon segala who founded crate & barrel, he told me the reason he stayed private is because he didn't want people telling him how fast to put up stores and when -- you know, so he could pick the locations himself. one of the great stories in this retail actually, restoration hardware. not this time around. original ipo. look, we know that had is a highly competitive space with restaurants. we -- we don't know how potbelly will do. they have good sandwiches. they got good salads. but how that translates to the stock a year from now, that's going to be the real story. >> thank you very much for raising the red flag. we will take a closer look. herb greenberg. still ahead, reviews are in and it is not looking pretty for what was expected to be one of the year's hottest tech toys who may be a bust. that's all ahead. you really love, what would you do?" ♪ [ woman ] i'd be a w

they suggest the panera trade. i wouldn't do that. i would avoid both. boy a jack-in-the-box, wendy's. >> webmd? sharply higher after announcing it will buy back all shares owned by carl icahn. >> imagine how carl feels about that judge, though he's had a heck of a ride. he added to his position $23 a share, being taken out over 30 i believe. the stock moving up stronger to the upside. apparently he didn't get the billion dollar buyback for everybody but he got it for himself. and then he missed last part of the ride. so it's one of those rare times carl left money on the table. >> steve, jcpenney today. stock down 3.75%, under 675. analyst slap $1 price target. >> i added to my short. imperial capital said, look, the rumors about them retaining a bankruptcy expert is causing us to lower our price target because we're afraid vendors will have tighter terms. bankruptcy's not part of my investment case. it's inability to turn around sales and make money on those sales that i'm concerned about. i think it goes lower. >> few stocks have grabbed our attention

. >> talk about guidance, one stock i want to see is panera.d's and other restaurant type shops talking about consumer demand so we want to see whether or not this company shows the consumer is still there or what it says. >> last quarter same-store sales huge disappoint. disappointing to the company itself. is it coming back? some analysts that believe their checks show improvement. this will be what you want to watch. this has always been a company that's been able to do it and now you don't want to count the company out but, you know, can they pull this one off? >> thank you so much. that does it for the earnings squad. want to join in on the conversation, tweet us at #earningssquad and back tomorrow with "squawk on the street" and we'll is send things back to you. >> coming up next the apple event has wrapped up. a live report from san francisco straight ahead. plus, every parents worst nightmare. a real life veronica assault. >> i want one of those. >> how much for the golden goos? >>> the big apple event is just wrapping up. straight to j

business travelers are still opting for things like starbucks, mcdonald's at number two, subway and also panerasome regional differences in food spending, so, you know, in most cities you've got starbucks beating out the competition. but here in new york city, apparently business people are opting for seamless. that accounts for more than 7%. >> you put in your zip code and it tells you how many restaurants in your neighborhood deliver. in my neighborhood it's like over 200. it's insanity. >>> there's nothing cheap about this. delta is expanding this program. it's not really widely known but it's for elite travelers. >> right. a small but growing number of elite passengers are picked by delta airlines and get a vip escort from one flight to another in a porsche at atlanta hartsfield airport. the criteria, diamond medallion status. you have to have at least 125,000 frequent flier miles and you also have to have connecting flights that you may have trouble making. so apparently the delta elite services team reveal the flight details and pluck out the passengers that meet that criteria and unbekno

starbucks selling food like panera bread. nobody wants to be themselves anywhere.to be somebody else. >> looking for revenue wherever they can get it. >>> about ten minutes left. the dow is down 20 points. >>> let's face it. most kids just don't like healthy treats. >> mine tastes like broccoli. >> it's like the worst thing i've ever tasted. >> what about artichoke butter cups? >> i threw up. >> you threw up? okay. >> that's nice. bo that's tooth paste company crest's viral video. suggesting it's okay to let your kids eat halloween candy as long as they brush their teeth afterwards. the rest of that incredible and tunny ad coming up. stay with us. customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades when you open an account.

13 stocks on your coverage, only four are rated buy, buffalo wild wings, sonic, jack in the box, panera that you like the most? >> brian, it's a fair question. and what i would start off saying is that remember this past quarter, if the second-quarter results for the industry were any kind of harbor of things to come, we now have in the third quarter five out of five restaurant companies who have reported all who have missed sales and earnings numbers. so -- but what i would tell you there are no silver bullets in this category. we like brands that have a little more lower check average, maybe they'll benefit from the lower gas prices, maybe less uncertainty in washington, but we're clearly nervous about the casual dining segment for a brand who is dependent on mall traffic like cheesecake factory. >> another name that makes you more nervous about the situation. >> it is. mandy, it's a very well operated company, no doubt about that, and i like the management and the concept. however, if we are seeing a real slowdown in mall traffic as some of the retailers indicate recently, i think it

. >> josh, what's happening with pane panera, down 5%. >> investors wanted a beat. you have a flat day. you can make bread elsewhere. >> doc, apollo up 24%. >> and loving it, scott! it was a final trade from just last week, and we had unusual activity in there. they were buying upside calls and financing it, selling puts. you can do this trade at shoem, as well, and this thing has lit up. it's been exploding which almost $3. >>> a tough day for crude oil, dropping to a four-month low. let's get more from futures now host jackie deangelis. jackie? >> that's right, scott. due to the delay, shutdown, crude suffered two bearish inventory report, bringing it down 4% in three systems. so jim, is this about supply, or is crude giving off troubling signal about the economy at this point? >> i think it's probably a combination of both. the supply story is one that develops and has for a time. today, also the news out of china, it indicates that maybe there will be a slowdown there. plus, there's probably some softs with the shutdown will affect the domestic economy. there's

. >> finally with chipotle off, it's not pulling around the pin era -- when i see the panera deceleration growth is 2.3 and that could hurt them very badly. great companies know how to come back. >> normally at this time we toss it to pisani, see what's moving on the floor. today, though, something special. we're marking a big milestone here at cnbc. good morning, guys. >> good morning. it's a special day for me and all of us at cnbc, even the guys on the floor. it's maria's 20th anniversary of joining cnbc. she joined -- you were 14 at the time. >> i first went on the air october 14th, 1983. i can't believe it's been 20 years. >> thank you so much, everybody on the floor. oh, my god. i have so many friends down here at this point. didn't start out that way but -- >> 1995 maria came on the floor and i will give you an idea of how hot maria became immediately. i wanted to come down here, too. there she is standing exactly where we are now. i was the real estate reporter from 1909 to '96 and i came down here march of '96 to sub for you. one of the guys standing right here, they said, "bob,

>> deutsche goes buy to hold on panera. >> yeah, it's a very discouraging conference call, about notgh fast enough. >> citi on chesapeake. >> a lot of people talk about hidden value. i think there is more data. >> meta data. >> this is software, a service for the health care business for testing for drug companies. it's terrific. tarik charif is the ceo their. >> and then finally -- >> look at this! this is what we're looking for in a company. this is a great company sant ander. >> what do you have on "mad money"? >> we're going to show how to make paper tonight on international paper. >> 6:00 and 11:00. >> thank you! >> let's get to simon. >> the burning question of the day, can apple stock rise 140%? and will he get his way with tim cook? and we'll have puchback on obama care and minimum wage from andrew puzder, and we'll be joined by the chairman of the boston red sox, mr. tom werner. that and more in the next 60 minutes. ♪ ♪ in a world that's changing faster than ever, we believe outshining the competition tomorrow requires challenging your business inside and out today. at cogni

. >> panera has too many simple things. >> wendy, very simple. chip po chipotle, very simple.hinks they need a makeover. come on, you are mcdonald's. just gli just deliver. the new york giants, you are so good. what are you doing? didn't you guys win the super bowl. we are struggling to try to figure out how to value this company? >> they point to a weak global environment. it sounds like you are not buying that. >> i am seeing too many other companies say good thing. i would ask, joe, joe, maybe if they moved to new jersey and get out of there. i live in jersey. i have never gone to metlife and found myself at 34th street. >> i'm glad you are with me on that. everything else. they snicker, they laugh with jersey until they fly out of a newark area network. they are talking about newark. i went to a giants came in the new york area such. the super bowl is in the new york air why area? >> chris christie speak up and give us a google map. >> wait until the president is from new jersey. see how they like that. >> mcdonald's, disappointing. >>> see you in a few minutes. >>> macomi

they pick out cheesecake and panera as being particularly bearish. >> i think it will be.will see between the macro environment and competitive reasons, it is going to be difficult. from the fourth quarter guidance and possibly 2014 guidance, a difficult outlook with the exception of a name like starbucks will hold up pretty well and those that scale to a splitly mother affluent customers. we are in a challenging situation. >> jeff, over the weekend, the journal asked a more profound question about mcdonald's. in an article, they say, have they focused on being healthy or all things to all men. the article suggest they have not had a major innovation. wendy's got the pretzel burger. taco has the dorito rage. is that a major problem for mcdonald's? >> new product is important. for mcdonald's it is a little more difficult to be as nimble as some of the smaller competitors. we thought they had new product news with the mighty wings that got launched recently. we'll get an update this morning. new product is good to drive the business. we could really use some new product news

my panera salad i had last night, the thai chicken salad, 430 calories, pot belly, how much is half a? >> i wouldn't know. >> let's say it's more than panarea, and it's certainly more than the new sofrita sandwich from chipotle, which is made with air. >> we always talk about chipotle. >> you want to talk about line equity? >> back at chipotle. >> appleby's. that stock is up gigantically. >> i'm going to take us to the airlines briefly. because we did get a development on usair and american, potential plans at least to merge. there is a mediator that has now been appointed by the judge to at least try to see if there's some grounds for a settlement between the department of justice, which of course is suing to block the merger and the two parties involved in the merger to see if there's something they can get to. don't often see that in these kinds of situations. believe one time was microsoft from the d.o.j. you don't often see mediators in anti-trust litigation. the trial a month away at this point. and we'll see if this does anything. but it has certainly got to be viewed in the ab

meantime, the sandwich chain t potbelly is looking to expand but can it compare with chipotle and panerang watch goes on sale today, but is it a flop? jim cramer sounding the alarm on the device yesterday. >> remember the days when "the new york times" used to close a play with the bad, and this is a disaster. >> and vincent, camby, and -- >> even austin fritch, well, the curtain close odd on this device. >> curtain closed. >> that watch will be here at post 9, and we will review it, and david pope will be here next. >>> does the shutdown affect the vetting of your nominee. >> this is one of the most important appointments i make, to the supreme court, and no it is not slowing it down. it is important to help with the things that make the economy grow. this constant crisis >>> welcome back. the era of the smart watch is upon us. samsung's galaxy smart watch goes on sale today across the country, and let's get some insight from the highly regarded tech columnists who tried it out. we have on the cnbc newsline david pogue with us, and also d ed, what is your thought on it? >>> it is expens