this year. >> we won a peabody. [ cheers and applause ] oh, my god.y don't. >> i didn't know. i didn't know till we won it, because it is so fancy. that's for people, like, helping the world in media and entertainment contributing. so everyone else there was -- like, the ebola fighters. and yeah, just people really making a difference. and then our show. and so they select a clip from each person's show. we didn't know what they were going to use for us. so our whole table, our show, were like, "oh, i wonder what clip." so it's like, people saving ebola, war-torn regions. and then ours was -- it was me taking a huge bite of a burger, going, "i'm going to go make some room," and walking off. [ laughter and applause ] it's, like, malala. like, "we can do it." and i'm like, "i'm going to take a [ bleep ]." [ laughter ] it's horrible. and then we were all just, like, "no!" so this room -- and this same night was the critics' choice awards. it was the same night as the peabodys. and i got nominated but i didn't go. 'cause i was like, "i'm not winning." >>

peabody does expect to make up the output loss.he company has posted six quarterly losses in a row and since 2011 peabody has plunged by about 98%. down natural resources is respectively. thank you very much --olivia: thank you very much, rainy and since you -- ramy. pimm: and the big deal with ace. we will have more on the booming market day coming up. i will say goodbye to you. see you in a little bit here. ♪ pimm: welcome back to the bloomberg market day. i am pimm fox. the top stories -- we begin with a story that broke moments ago. the united states and cuba have agreed to open embassies in each other's capital city, a major step in restoring relations after more than five decades of hostilities. in the last six months, the united states has a move cuba from its list of state sponsors of terrorism and made it easier to travel to cuba for americans. president obama made the announcement at the white house. president obama: this is not merely symbolic. with this change we will be able to substantially increase contact with the c

her name was mary peabody. mary peabody was arrested. she was arrested at the motor lodge for violating a jim crow ordinance with one of her dear african-american associates, one of her african-american colleagues. she actually spent time at the local jail here and her arrest attracted national interests. all eyes are on st. augustine in the spring of 1964. however, dr. king had bigger proverbial fish to fry. he decided that what would most benefit african-americans throughout america what would most rapidly end segregation in america was a federal civil rights bill. dr. king sclc did not want something to happen in a place like st. augustine that would sabotage the civil rights act. the big fear was that if there's violence in st. augustine, if there is a murder in st. augustine, if something happens in this town that it would lend credence to the white claims that the more we try to do in terms of civil rights the greater the resistance is going to be. in the after amath of the easter campaign, he sends another lieutenant to st. august

robust peabody has a aggressive, bearish market. you know who else does -- puerto rico.m: i knew you were going to go there. greece is not the only place with a debt crisis. puerto rico meeting bond payments this week. olivia: the governor says is that is unpayable. should congress be taking action? we will ask senator richard blumenthal in the next hour. we will put the question to laura keller. it was a busy week for puerto rico. they scrape by, what is ahead? laura: not been an easy week for investors. we are looking at this new time where investors are thinking about how to adapt to a new puerto rico strategy. you will see them work on this plan to restructure debt. they will have it out by august 30. -- the negotiations will go on until september 1. ism: puerto rican debt triple tax-free? which was why it was popular for retail investors. what about the insurance that backstops these debt payments? laura: bond insurers are having difficulty with this restructuring. they may suffer the most. iam: they guarantee in the -- mdia. olivia: these investors, the short guys,

board last month thank you cynthia for a 3450g9 transportation tra transaction as well as our bond peabody llp financial advisors as well for the tremendous work and as a bonus the moody raised our credit if a to excuse me. double a two to double a-1 and moody cited the diversity as well as the management of the program so thank you very much to moody and such we reaffirmed the ratings of our debt i'll be happy to answer any questions thank you. >> thank you very much colleagues questions or comments okay. seeing none is there public comment is closed. on that believe on item 3 seeing none, public comment is closed. >> this is an informational item. >> call item 4. >> approval of the minutes of the may 2015 meeting and colleagues additions, deletions, or changes to the minutes seeing none is there any public comment on item 4 seeing none, public comment is closed and mr. clerk, call the roll. >> on item four commissioner avalos supervisor breed supervisor campos supervisor christensen supervisor cowen supervisor farrell supervisor jane kim supervisor mar supervisor tang supervisor wiener s

dozens of people gathered to salute as the sergeant peabody was removed from -- sergeant's body was removed from eden medical center. many didn't know him but came to pay their respects. >> our men and women in blue put their lives on the line every day for us. it's so thankless as routine as a traffic stop, even though whatever they do is dangerous, this is just unnecessary, completely. so sad. >> the solemn procession continued from the hospital. sergeant lunger is being remembered by many in the community as a man who was respected for the way he did his job. >> i'm sorry for the family and for the police department because there is a lot of them that are -- if you get beyond the badge and the gun, they they are nice, kind human. >> saw a lot of tears and hugs. those who knew him share the grief. kamala harris said her sim pothys are -- sympathies are with the family. police are at scene at 98th avenue believed to be related to the shooting. officers block off the scene and the white chevrolet with at least five bullet holes you there on the side, and a short thyme ago, they were at a ho

alix: metal companies that sell to china, their bonds are getting totally tank. 60%, --abody is down peabodyown 60%, and this is all caused by china. the question is, what happens when china slows down more, if china slows down more? could the effects triple out into a much broader swath of u.s. debt? barclays analyst didn't think that was likely unless this carried on for a longer. of time, but if analysts are unable to support this, you end up with the wealth effect, which is basically that people see their money is just a tier rating, they're losing -- deteriorating, they are just losing it, so they are not going to buy anymore. alix: there are concerns about a deepening slowdown in china. how does the falloff in these types of bonds compared to the junk-bond market in general? bond if you look at the market in general, they are down about 13% this year and 8% this year to date compared to a gain of 1.6% in high yield bonds, so there is actually a very big bifurcation between the --modities, jump bonds, and junk bonds, and regular junk bonds. alix: are these the regulators -- regular inve

some of the coal companies that are separate from oil, peabody energy, walter, they've been absolutelywledge -- annihilated and are in bad shape. some of the ones that have to go out and find oil and were debtsative, they raised with the expectation that they could pump oil at a certain price and are getting hammered pretty hard. on the investor site you have companies like franklin billions, and $850 mutual fund manager, named heavily in the investments of these energy companies. have about 20% of holdings in energy and they have doubled down on some of their bets. that has really hurt the fund because of what is going on. lisa: art -- alix: are they selling right now? lisa: not clear. i know that they have sold off the most in the past couple of days. when i spoke to a fund manager , he would not comment on fund activities. the best option was to buy more, sometimes the best option was to get out. it depended on where you wanted to be part of the construction. is this the canary in the coal mine? you do have the drillers, you do have those written into the world. big: this is one of

lived in a very circumscribed world she covers the upper magnolias with the first frost and those of peabody's history -- knows everybody's history. >> that is the thought of what you turned in an? >> yes "to kill a mockingbird" but "go set a watchman" is the first draft >> host: that is actually the books that she wrote she wanted to go off north following truman. faulkner was the huge star he had not written in cold blood yet. but there was other forces there she wanted to be a writer so she went up to new york all the time in her cold water flat she was working for so long is really "go set a watchman". >> guest: a lot of southerners we're going up to new york. after the war it was the fantastic place. what a great time to be there. . . and she, for eight nine years had been trying to tell a senior from their childhood. third draft tired of it. one night she is sitting at the

my father was an old-fashioned doctor peabody spent hours with his patients. he knew them well. he knew everything about them and he never cut them off when they pouredfrom the.out there hearts to him and this was not so in the case. well-known people like o'neill. this was also true that the poor, destitute people that he treated in the clinics of mass general and boston city hospital. and when he had a phone call assumed happen all the time just as we were sitting down to dinner phone call typically from an intern and resident of a hospital or sanitary and the seven what his patients was an extreme anxiety were talking about suicide. he would leave his inner right away. my mother would answer the phone and put her hand over the speaker and say harry are you home. he always said yes, i'll take it. he was out the door. we don't have many of those kinds of a. whether in psychiatry or any other field. and in any case the entire world of medicine is utterly transformed. in this age of russian time and rationed care many people scarcely no the doctors and more. examinations by assis

peabody absolutely tanking like a stone down by 26%. >> wow. 80% year who date. >>> the first half is over. the recent sell-off could be setting up a nice trading opportunity for the second half of the year so says dominic chu and he's got five stocks ready to pop in the second half. >> here's the thing. >> promise? >> no. i wish i could tell you that they were for sure going to go higher but there is our friends over at cnbc pro. subscribers there can read about this story online. they looked at two specific parts of the market and ten stocks total. five in one, five in the other. this hour we'll bring you what's at least showing perhaps signs of life given the downturn. that's the real estate investment trusts. down 7% so far year to date as measured by the etf. s&p 500 fairly flat. some of the names that could be due for a pop if analyst target prices are met are some interesting names here. first, a diversified reit real estate investment trust, realty income. if analysts are right we have a 10% possible pop. it is yielding 5% on its dividend. pretty decent return. hcp, a health c

award or as jerry hebert would say, the peabody award. you'll hear about that later. anyway in 2010 "the national law journal" named him as one of 40 legal experts in the world. "legal times" named him one of the 90 greatest lawyers in the last 30 years and praised him for transforming the practice of law before the supreme court. so who could be better than tom to navigate this term for us? so please join me in welcoming tom goldstein. [ applause ] >> so thank you all so much. on behalf of the panelists, i really do appreciate that you all have taken the time to come and be with us to talk about the supreme court term that just concluded. it is an extraordinary thing. we've been doing this for roughly ten years or so, and this is the first time that it will be more fun than the federal society wrapup. it was an incredible term. i have learned a great deal about it. i have learned that i am now required to get same-sex married, that both my partner and i will receive subsidized health care and everything else, which we will need because t

i'm short btu peabody, i'm short cn kpmpbl. what's happening is china.ot so much from the dpand standpoint. that's important. but they're going to cleaner air. as the u.s. is switching from coal, to gas. there's way too much coal there. it's so plentiful. every part of the world, i think they're short. >> do you have have a take on this one? >> we've been talking about coal and the basic obliteration of the entire industry. i think you have to look in the high-yield bond market as this unfolds to see potential defaults there. you could have some contagion issues. i know the conversation was had yesterday about high yields, the biggest concern i have for high yield is the call names and it is energy prices where they are right now. i'm not so much worried about energy going from 50 to 40. i'm worried about the impact it's going to have on the high-yield energy markets. >> if you look atle balance sheets, you'll see they're all insolvent. they've got very little cash, declining cash flow. no cash flow and they've got huge debt obligations. so who's going t

on friday i'm going to be at the peabody opera house in st. louis.live there, please come check me out. [ cheers ] there you go. and then i'm going to be at the estate theater in minneapolis on saturday night. so, that's another show. so, there you go. [ applause ] and, one thing you shouldn't do is if you live in st. louis, don't come to the one in minneapolis and vice versa. go to the one that's closest to you. very excited. my brother has been in town. he lives in l.a. he's visiting. he's visiting because he's shooting a television show here for the next eight weeks in new york. very excited that he's here. very excited he's doing a tv show. most excited because my brother had to grow a mustache for the show and it's hilarious when someone you've never known -- you've known him your whole life, he's never had a mustache, all of a sudden has a mustache. here's my brother rocking a pretty good, thick mustache. [ laughter ] it's very impressive because i could not do that. [ laughter ] no matter how much time you gave me. even after a month, i look -

mistake or otherwise we are vying for a peabody this is one of the most pleasant surprises of my life-- >> people don't know our names. just this past year there's been a difference. we feel very lucky. >> action! >> so this is key keegan-michael key married 44 years old from detroit. and this is peele, joann deal, single, 36 years old from new york city they first met at sketch comedy club in chicago, then worked together on mad-tv creating comedy built on surprise. >> we love to use an audience's expectations. >> lot b lot c. >> who would expect a slave auction? >> sold. >> as a subject of sketch comedy. >> our intention was that people p go i'm not going to be able to of la because this deals with an atrocity. >> i mean, good. >> i'm glad. that i didn't get sold. i don't want to be owned by another human being. >> then we use judo or try to. 2 going once, twice. >> that surprises me. >> to make it a scene that is not exploiting the issue of slavery but exam inning these characters. >> next. >> here we go. >> it's a scene about vanity that happens to be in the framework of slavery.

peabody is kinds of freedoms and buckley for his part wanted freedom from the bureaucratic state he wanted freedom from government, to get government off our backs. >> you talk about how freedom and how to get it and what it means and what to do with it is one of the blues that hold friendship together and pull them apart because their debates are quite divisive on this question. freedom has got to mean more to them than hair cuts, norman mailer flunks the hair cut test but the civil rights movement, when you were saying we have these rules and a society in which everyone says mr. and mrs. except to black people in which white people in the south at least deliberately withheld those terms of respect because they did not want to recognize african-americans as people worth addressing with honorifics, doctor, mr. mrs. prof.. >> yes. the story of the book is this budding friendship in 1962 in chicago, these two guys are brought together, both in their late 30s and his equally young promoter who wanted to get the left and the right arguing, john golden who decided he was going to host the debat

we all points to coal, what's going on in coal is unbelievable to see the price of peabody energy at $1.10. it's unconscionable when you think about it. the miners, i wouldn't necessarily be stepping in aggressively here, but i'm not as bearish on the miners as i am the resources. >> let's broaden it out. pete, where do you go? anywhere? >> in energy when you look at the oil service names, and obviously the refiners have played well in this environment, but you look at the other names, we're seeing so much activity that still points towards more down side coming there, i don't think you need to catch the falling light and no paper to tell me anybody now has decided to take a shot. >> you look at transocean rig to pete's point, a natural gas play, just decimated. take a look at chevron, too. chevron, that graph goes from the upper right to the lower left very quickly, mel, and that thing's looking terrible. at some point you're going to see a washout in these names. >> we have not seen it. no touch. >>> coming up, paypal's trading debut, a spinoff from ebay official with it ticking hi

whatever reason -- >> how men and women actually see each other provides plenty of material for her peabodychumer". >> this girl think she's deserves to be on camera. >> sounds like someone needs the '80s ladies. >> the sketch show on comedy central can be silly. >> here, try this. >> and sometimes raunchy. but it's almost never just that. some of the show's subjects sound like the farthest thing from funny. >> we do two days. >> take the incidence of rape by student athletes. the show dealt with that issue in a pitch perfect parody of the football drama "friday night lights." >> coach we play football. >> you don't like it? don't let the door hit you on the way out. >> the statistics on girls getting raped in college is unreal. >> it's horrible. also maybe girl would see this that this happened to. maybe guy sees it it's not cool if the girl is sleeping. maybe that i will get in there. >> she's dressed like a sexy cat? >> you're perfectly fine with your comedy being labeled feminist. >> if i'm preaching for women's equality then sign me up. it's so crazy that people don't identify as femin

tom is also the cofounder and publisher of scotusblog, the only weblog she received a peabody award. in 2010 the national law journal named him one of the 40 most influential lawyers that the decade in the legal times named him one of the 90 greatest washington lawyers of the last 30 years and praised him for transforming the practice of law before the supreme court. who could be better than tom to navigate the term for us? please join me in welcoming tom goldstein. [applause] >> thank you also match. on the behalf of the panelists i appreciate you a lot taken the time to come do it best about supreme court about supreme court turns the just concluded. it's an extraordinary thing we been doing for roughly 10 years. this is the first time it will be the federal society are cap but. it was an incredible turn. i've learned a great deal about it and i'm not required for same-sex marriage. both my partner and i will receive reduced subsidized health care and everything else which we need because the record has not required and is juries to put more mercury in the air. such a sale in the d

peabody energy is down 90% over the past year and we've seen similar moves in arch cole and natural resourcesof them now small or microcap stocks as we've seen this selloff just accelerate. back over to you. >> i've heard of nat king coal and now nat gas and king coal. appreciate it. >> thanks. >> here's what's ahead. despite talks of a deal should greece still live the euro? a man who has worked and lived through several defaults and delinquency and says yes. the one tech company that's been the poster child for growth appears to be taking its foot off the pedal. more on that coming up. >>> later on it may just be the biggest, boldest stock call of the year. one analyst sees nearly 160% upside on one name. we'll have that name for you but only if you stick around so stick around. >>> do you remember when the world was terrified of a greekies exit and stocks got spooked? two weeks ago. the dow is on pace for a day of four straight gains and the nasdaq and s&p 500 are also higher, but things may not be as rosy as we think. let's bring in the president of sri kumar strategies. you lived and wor

also the cofounder and cofounder of scot tuss blog which is still the only web blog to receive the peabody award. in 2010, the national law journal named him one of 40 most influential lawyers of the decade and legal times named him one of the 90 greatest washington lawyers of the last 30 years and praised him for transforming the practice of law before the supreme court. so who could be better than tom to navigate this term for us. so please join me in welcoming tom goldstein. [applause] >> so thank you all so much on behalf of the panelists i really do appreciate that you all have taken the time to come and be with us to talk about the supreme court term that just concluded. it is an extraordinary thing. we've been doing this for roughly o 10 years or so and this is the first time that it will be more fun than the federal society wrapup. it was an incredible term. i have learned a great deal about it. i have learned that i am now required to get same sex married. that both my partner and i will receive subsidized health care and everything else. which we will need because the court has n

the white hot comedian is catching attention for her hit tv show which won a peabody to her prank fallingter of "trainwreck." >> do you want to grab some dinner? >> actually aaron, i think you're so great and -- but i'm a writer. i'm your writer. you're my subject and from now on we need to just keep it professional. >> okay. >> you know. >> yeah. >> i think we like each other and we short startuld start dating. >> no. i'm confused. am i not communicating this right? >> i hear you. i'm just saying i disagree. do you like me? >> yeah. >> i really like you. so we should be a couple. >> no -- no. i have pl -- plans. >> amy schumer it is nice to meet you. >> it is so great to be up this early. >> what are you doing this hour? >> i'm in my tenth dream and sleeping for another five hours. >> you're not a morning person? >> i'm not. i'm not a night person. i'm barely a night person. >> i thought you were a creature of the night. >> i am. i'm a street walker. they said i could be myself. >> we normally have a five or six second delay. i was thinking 25 seconds. >> i was thinking 90 minutes. >> th