that's why panera told cnbc this morning, j.a.b.akes what he calls wonderful partners. >> they are long-term investors, they measure their investments in centuries, not in decades. they're committed to our strategy. they're committed to our company franchise modem. they're committed to our team. >> reporter: they on wall street are wondering what has them so interested? well, it's not immediately clear, their strategy is to find profitable companies and hold on to them for a long time and let them run independently. so it's unlikely we g see krispy kreme donuts in panera any time soon. >>> the digital technology that made the panera brand a leader in the industry undoubtedly made it attractive to parts of j.a.b.. but what does this mean for casual chains in the near businesses and how may it impact jobs? senior restaurant and analyst at maximjoins us now. obviously, it wasn't technology at which panera in this sphere had been a leader. but other things that attracted j.a.b. to it. what were they? >> well, didn't technology mention,

not panera.ormed the entire restaurant industry and the stock is up almost 40% so far this year. but clearly, david, ron shaich thinks it's an easier life going at it as a private company. we don't know a lot about j.a.b. >> listen, he made a decision. of course if you're a shareholder of his, you're not interested in what he thinks is great for the company from here on in because you're getting cashed out. i haven't heard a lot of complaints this morning. >> yeah. >> the premium, look at the multiples compared to other deals in the sector it appears they're doing quite well for their shareholders in that regard. why they did not run a process so to speak. where they tried to solicit other bidders, they have a good idea of where the market is. starbucks in 2016 had engaged at least in the idea of would there be a affordabilipossibility of they go to j.a.b. although quiet. interestingly expect to hear more from them. as part of the deal they said it in the press release they have a consumer fund t

. >>> in that panera deal, jab announcing it will acquire panera for more than $7 billion.ab will pay $315 a share. i went back further on panera, i remember it when it first came out, it was like a $30 stock. even now it's at about $6 billion market cap. 5.8 being acquired. it went from 30 to 315. it's been an unbelievable ten bagger over the last ten years. >> up sharply on rumors of the acquisition yesterday. it's had a phenomenal run since the opening. >> kind of an interesting concept. >> still is. people think they're eating healthier. you mentioned bread and the carbs, but they have soup, salads. you can have different combinations. >> i've been. they also early on went into the whole ordering online. call up, go in. it's waiting there for you. when you go in, you order from some person, you go to the other end,s it it's there. they have a lot of things you might like. that spinach dip you make where you hollow out the loaf of bread. they make soup -- >> in a bread bowl. >> that's one way to order the soup. >> that's probably not the healthier way. >> with the asia p

panera is up big on news being bought for $7.5 billion.e got details and a look at other potential takeover targets in restaurant space. >> and amazon struck a deal to stream thursday night football this next season. the former head of cbs sports will be joining to get his take on whether this could be a lucrative business for the internet giant, what does it mean for the nfl, what does it mean for the broadcast networks themselves. >> how about twitter? >> right. they had the deal last season. >> and then after the bell, chicago cubs owner okay ricketts on opening day and his take on markets and the political climate. >> i don't know how we're going to get to all of this in the next two hours but we'll try. let's begin with president trump's meeting with the king of jordan at the white house today. eamon jabbers is there with the latest. >> hi, bill. >> reporter: in the press conference today the president sounded as hawkish on syria as i've heard him. this is a president who, remember, under barack obama, donald trump tweeted out encoura

holdings buying panera.e about the deal earlier today here on cnbc. >> these guys at j.a.b. are wonderful partners for panera. they are long-term investors. they measure their investments in centuries not in decades. they are committed to our strategy, to our company franchise model, they're committed to our team. they essentially have just a couple of people at the holding company level, less than 12 people. they let management manage. this is a the great place to be. i'm going to be here. >> listen to that. less than 12 people. so one big question surrounding this deal, who exactly is j.a.b. holdings and where does their somewhat mysterious fortune come from? a closer look. >> that's a very good question, brian. j.a.b. was initially created for a prominent german family as secretive as wealthy. they're the direct descendents of ben keys er, a $60 billion consumer conglomerate that owns everything from lysol to air wick. j.a.b. started as a vehicle to manage the wealth of the four benckiser, a huge part of

our panel here, tonight on "fast," it's the panera premium. they can be taken out for a whopping $7.5 billion. so which food giant could be next? plus a top investor says a plaque swann event for the market could be lurking in the shadows. we will tell you what it is and how you could protect yourself. later, amazon and jeff bezos, could it be the high bidding war for content and who could be the winners and losers, we'll explain. first we start off with a big one-two byun punch that took stocks down, blame it on first the feds and major development on capitol hill. for more on that story, we go to john harwood. >> mellissa, we had up with of those moments today when the markets suddenly recognized something that had been fairly obvious from political events here in walk for some time. it came when the house speaker paul ryan said this. >> we will need more time to do tax reform. the house has a plan t. senate doesn't quite have one yet. they're working on one. the white house nailed it down. even the three entities aren't on the same page yet

the stock up 11% pre-market. >> you like panera, don't you?> in high school i used to have the nickname panera sara because i would eat bread bowls with broccoli cheddar soup. >>> mcdonald's says the u.s. marketer is leaving the company as part of the management shakeup. two other ek txecutives will al be leaving. proxy adviser glass lewis is recommending that wells fargo share holders vote against six directors in protest of improper sales practices. investors will vote on the elections at an annual meeting later this month vrnlgts that's on t . >> that's on the 24th of april. we expect the separate board review into the sales scandal to come out before the 24th of april. a lot of focus on them. other issues in the last couple of weeks. some related to sales practice scandals, some not. so far the focus has been on the executive team. whether that was the former co, john stumpfer or executives underneath them. the board have significant questions to answer to as well. this latest bit of news highlights that a lot of them will come under press

well, there is more chat thor that panera bread may be looking to sell.n deck, who might be a buyer if any deal happens. hey gary, what you got here? this bad boy is a mobile trading desk so that i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade our 18 year old wase army in an accident.'98. when i call usaa it was that voice asking me, "is your daughter ok?" that's where i felt relief. we're the rivera family, and we will be with usaa for life. the markets change... at t. rowe price... our disciplined approach remains. global markets may be uncertain... but you can feel confident in our investment experience around the world. call us or your advisor... t. rowe price. invest with confidence. >>> i'm sue herera. here is your cnbc news update this hour. ron johnson, the chairman of the senate homeland security committee says presiden

panera is the seventh biggest company in the u.s. you can see that panera is only smaller than mcdonald's, darden,s, yum, dominoes. does that mean that there are a limited number of companies that can acquire them? ed: absolutely. being a non-native here, some of these i haven't heard of. big, but thisuite is a monster business in terms of size and what it would cost, so it does limit the number of buyers. the ones that we have mentioned that would make sense, there are potentially some others that could come in. we don't think of the outlier ,ill be around this, like 3g who did pop eyes, tim hortons. , tim hortons. i think that having just done that and not even consummated it, it would be difficult for them to go through with it. the stock is up 34% over the last year. up 34%e: the stock is over the last year. what kind of price premium could we be looking at? ed: trading 40 times on equity , that's expensive for the space. there are some other sort of analogs to this in terms of price, but this would be one of the most expensive d

they want to focus more on running panera bread. the show company was founded in 1996. >> how much would you pay a baby sister per hour. care.com says average hourly rate for baby sit certifies $13.97 up 26% in the last six years. parents are willing to pay more for help with homework and someone available at the last minute. >> yeah. i agree. >> i know i want to live where baby sitters are $14. >> than. >> an hour. >> geesh. >> i know that's averageing across everywhere. but -- >> it's hard. childcare is expensive you. >> don't want to skimp it's your precious commodity. >> i know i would get like $20. >> back in the day. >> somebodwo 20. >> for the whole night. >> yes. right. >> which to me was oh, my. >> not anymore those days are gone mike. >> i always considered coming back as baby sitner my next life. pretty good pay. >> forecast has not changed unfortunately. we have a lot of clouds and showers in the forecast once again this afternoon. stormtracker radar quiet no, i and we're seeing fog patchy fog and drizzle here and there.

and with panera catering, more for your event. panera. food as it should be. hi, i'm frank.e movantik for oic, opioid-induced constipation. had a bad back injury, my doctor prescribed opioids which helped with the chronic pain, but backed me up big-time. tried prunes, laxatives, still constipated... had to talk to my doctor. she said, "how long you been holding this in?" (laughs) that was my movantik moment. my doctor told me that movantik is specifically designed for oic and can help you go more often. don't take movantik if you have a bowel blockage or a history of them. movantik may cause serious side effects, including symptoms of opioid withdrawal, severe stomach pain and/or diarrhea, and tears in the stomach or intestine. tell your doctor about any side effects and about medicines you take. movantik may interact with them causing side effects. why hold it in? have your movantik moment. talk to your doctor about opioid-induced constipation. if you can't afford your medication, astrazeneca may be able to help. >> ♪ >> good morning, i'm tamala edwards. it's tuesday, april

robert: is that the new voter, the panera bread voter? >> the road to 2018 vs. the panera breads. that's the tough talk on trade and talking how about nafta is a disaster. these are voter who is travel to europe back to asia, enjoy the fruits of globalism in a way that the forgotten man. robert: suburban professionals. let's not forget the republican who is a top finishers karen handle in georgia. when i spoke to her down there she didn't embrace president trump. said she was more of a traditional republican. and senator heller and of course, ms. handle, republicans in some of these swing districts aren't exactly running to embrace this economic populism of trump. kelly: we learned trump is really a man that is in his own island. his successes don't go to other candidates. women have a challenge with this. and republicans now see that the energy that led marches after the inauguration and has lots of liberals and progressives on their feet and trying to do something, that can't go unanswered. the president under his own sort of signature

panera is renowned for freshness and service. bloomberg news is saying that panera is putting itself up for share. panera shares went up to an all-time high. >>> the battle to confirm judge neil gorsuch could change senate rules for good. >> i cannot support this nomination. >> ahead democrats say they don't want him on the supreme court. the republicans have a backup plan if they don't get all the votes they need. >>> russia is reeling after a deadly attack at a st. petersburg metro station, what vefrtds have learned about the attacker. >>> my blood pressure went up sky high every month when the bill came in. why are you deleting these photos? because my teeth are yellow. why don't you use a whitening toothpaste? i'm afraid it's bad for my teeth. try crest 3d white. crest 3d white diamond strong toothpaste and rinse... ...gently whiten... ...and fortify weak spots. use together for 2 times stronger enamel. crest 3d white. new pantene doesn't just wash i wiyour hair, it fuels it.gain. making every strand stronger. so tangles don'

and with panera catering, more for your event. panera. be. this scarf all that's my left to rememb... sayonara. what. she washed this like a month ago! the long lasting scent of gain. now available in matching scents across your entire laundry routine. find fast relief behind the counter allergies with nasal congestion? with claritin-d. [ upbeat music ] strut past that aisle for the allergy relief that starts working in as little as 30 minutes and contains the best oral decongestant. live claritin clear, with claritin-d. you totanobody's hurt, new car. but there will still be pain. it comes when your insurance company says they'll only pay three-quarters of what it takes to replace it. what are you supposed to do? drive three-quarters of a car? now if you had liberty mutual new car replacement™, you'd get your whole car back. i guess they don't want you driving around on three wheels. smart. with liberty mutual new car replacement™, we'll replace the full value of your car. liberty stands with you™. liberty mutual insurance. ykeep you sid

the owner of krispy kreme will buy panera bread. that is as it expands its empire in the us market.akery cafes in the us. fresh offerings appeal to health—conscious consumers. india. the next instalment of our week—long series looking at the property industry. first it was undeclared wealth, now it is property. india's prime minister is on a mission to stamp out illegal financial activities, as well as tax evasion. but while last year's tax bank caused a lot of inconvenience for many indians, a crackdown on real estate may actually help them. like many indianfamilies, estate may actually help them. like many indian families, this family put their life savings into buying a home of their own. but eight years on, they are still waiting to take possession. translation: our dream home has turned into a nightmare. we have paid for this with our life savings. 0wning have paid for this with our life savings. owning a house should not be this difficult. the builder he invested with is caught up in a legal battle with the landowners. and so many of the flats in this developer and have not be

panera is renowned for freshness and service.ews is saying that panera is putting itself up for share. panera shares went up to an all-time high. >>> the battle to confirm judge neil gorsuch could change senate rules for good. >> i cannot support this nomination. >> ahead democrats say they don't want him on the supreme court. the republicans have a backup plan if they don't get all the votes they need. >>> russia is reeling after a deadly attack at a st. petersburg metro station, what vefrtds have learned about the attacker. >>> my blood pressure went up sky high every month when the bill came in. intercourse that's painful due to menopausal changes. it. it's not likely to go away on its own. it took my most honest friend to help me do something about it. she told me premarin vaginal cream can help. it provides estrogens to help rebuild vaginal tissue and make intercourse more comfortable. premarin vaginal cream treats vaginal changes due to menopause and moderate-to-severe painful intercourse caused by these changes. don't use

the story that panera bread was a takeover target.nkin' donuts, not so much, down about 2%, on pace for its worst day since october of last year. not a takeover candidate, jennifer said the panera bread takeover makes sense despite the high valuation did she says the problem going forward in terms of other acquisitions, not a lot of acquirers out there, the big restaurant companies have other issues to struggle with. an interesting fact. turning to the energy complex, lots of strength. crude trading higher by about 3/10 of 1%, up two days in a row to its highest level in about a month. despite the fact inventories report came in a little bit disappointing, relative to expectations. that strength is helping to of the e&p couplings, pointing petroleum, up 1%, neighbors industries, up 4.5%. let's look any bloomberg at these records for the nasdaq and the nasdaq 100. a very interesting divergence building on the year, in blue up top and quite, the nasdaq and nasdaq 100, up more than 12% at the year. down here in orange and yellow, the s&p

turned panera into two of thing double triple digit growers that have truly struggled as of late.re are -- amazon has done well, why aren't they on the wall of fame? why aren't they on the wall? we can't afford them. we have to wait until active retirement. so to dave cody and ron shake, congratulations for everything you have accomplished for your shareholders. welcome to the "mad money" hall of fame. harry in new york, harry? >> caller: hey, jim, boo-yah. thanks for taking my call and for all you do for us small guys. >> that's what it's about. >> caller: first time long time. jim, i'm a long time investor that likes to add a position now and thrown my portfolio. a good growth stock with all the penn ownership out there. but with the pe in the upper 60s, i want to know how much a pi ratio above -- i think of idxx labs, my answer to that is that i think you should buy some and then you got to wait until it comes down. because this is the hottest, maybe be among the hottest stocks on the market. buy some but let the rest come down, been you pull the trigger. janet in california. j

and with panera catering, more for your event. panera. food as it should be.it delivers a whole mouth clean with a less intense taste. zero alcohol™. so it has the bad breath germ-killing power of this... [rock music] with the lighter feel... of this. [classical music] for a whole mouth clean with a less intense taste... ahhh. try listerine® zero alcohol™. also try listerine® pocketpaks for fresh breath on the go. >>> a technical glitch in nasa's first 360 degree live video feed made this rocket appear to launch in the blink of an eye. but beach goers nearby got a great view of the blastoff yesterday. the rocket is carrying a cargo ship and it's named after the late astronaut john glenn and it's going to the international space station. >> love it. hanging out at the beach and then you see a launch. pretty cool. >>> leading the news this morning, "the new york times" says the armada president trump said was deployed to the korean peninsula to acted as a deterrent was was miles away. the report says while the president went on cable news to announce the deploym

and with panera catering, more for your event. panera. food as it should be.eep you sidelined.ng that's why you drink ensure. with 9 grams of protein and 26 vitamins and minerals. for the strength and energy to get back to doing... ...what you love. ensure. always be you. or how high the pollen count, flonase allergy relief keeps your eyes and nose clear. flonase helps block 6 key inflammatory substances that cause nasal congestion and itchy, watery eyes. for relief beyond the nose. flonase. [bullfighting music] [burke] billy-goatfi rufans. seen it. covered it. we know a thing or two because we've seen a thing or two. ♪ we are farmers. bum-pa-dum, bum-bum-bum-bum ♪ stronger is blasting without risking her bones. it's training her good cells... to fight the bad guys. stronger is less pain... new hope... more fight. it's doing everything in your power... and everything in ours. stronger, is changing even faster than they do. becaus