i've always said if you follow peltz after he announces, you do make money.man is doing a bad job. i just think together you're going to make good money. there is always a bull market somewhere, i'm jim cramer and i'll see you monday. >> the following is a cnbc original production. [ music ] >> marijuana is the most profitable illegal narcotic. >> this is a huge business. uh, in california alone, it is the number one crop. >> and there's at least 13 gardens within a mile radius of our home. >> thirteen gardens right around your house? >> mmm-hmm. >> yes. >> wow! >> thousands of growers, millions of users, and a market in the billions. >> how much money was coming in to your marijuana smuggling operations every year? >> about 50 million. >> it's a multi-billion dollar business rife with guns, gangs, and plenty of money. i'm trish regan. join me for an unprecedented look inside america's marijuana industry. [ music ]

peltz is on the board of a snack rival but get input about the direction pepsico should take.always believed he would do whatever is right for shareholders even if she felt splitting the company would bring up more value. i think it is the perfect compromise. gets to hear really grade ideas from johnson who will share some of peltz's views and improved board to work harder to bring out value. it's a win-win. i congratulate the participants for doing what's right for the shareholders who should always win for this great american company. what makes it an suv is what you can get into it. ♪ [container door closing] what makes it an nx is what you can get out of it. ♪ introducing the first-ever lexus nx turbo and hybrid. once you go beyond utility there's no going back. >>> once again, people got a little fooled the swiss frank goes up and people panic. must you never ever forget this. what did it have to do with the price of bristol miers. we are america firsters and if you listen to me you have good basis for brand-new stocks. we have been stewing a lot of speculative work. i wa

gardner or peltz. >> if you buy with nelson peltz, you make money. you buy again. >> $80, worth $75 today. >> ingersoll-rand. look what they did. they said let us in. they had great ideas. ingersoll-rand was a monster win. it crushed the s&p. >> the relation with timken hasn't worked out. in the end fundamentals overtake all of this right? >> ellen has moved the business from less cyclical into more proprietary. they made a judgment to some degree too short-sighted. now they have to spend all their time meeting with big shareholders. that will take your eye off the ball. that was a major distraction. let loeb's people in. >> management distraction and an important component which are rare for a company this size. >>> we want to notify you about a date of delivery glitch affecting our bottom ticker there. the current prices in the ticker are correct but changes being displayed are not updating correctly. we'll work quickly to fish the issues. we'll continue to stay on top of the hostage situation in france. the nation's largest drug store chain and eu

what are your concerns specifically about peltz in this case?s case is he's going after and pushing for dismemberment and disruption of one of this country's pillar of the economy. this company competitor dell among the greatest worldwide. they have had 260% in particular dupont 260% growth and total shareholder rurnls and look at every metric over five years. they've done extremely well. it's -- you look at them globally, over the last ten years, they and dow are the number two and three best performing integrated chemical companies in the world. bsf is number one and not as diverse. and what's troubling, kelly, you have seen me doing this before is that we basically have a recast form of green mailing. shaking down healthy companies. there's an annoyance factor. putting them on the board, hardly the midas touch. take a look at carl icahn done well and peltz and look at icahn on the board and plunged into bankruptcy. i can give you ten of these companies. american rail black buster. the board presence doesn't help. peltz targets companies. >> n

peltz has been calling for a break-up of dupont. in a statement, he says the dupont board has not held management accountable for repeatedly missing earnings revenue. in response dupont has added it has market leading stocks under its dhan and says its board are will review and make a recommendation. i talked to peltz last night. they're working it. if you look at that charts there's no question that dupont has outperformed the s&p and arguably it's peers over a period of time. nelson peltz says that he effectively -- and a five year. he takes credit effectively for the last two years of the stock movement because he says that -- and we broke it here. july 2013 been you'll see that that stock took off and had a couple of different runs along the way. he says he's been acknowledge stating behind the scenes and shareholders know it and that's the reason the stock has performed the way it has. dupont, of course, is spinning off or has announced plans to spin off its performance chemicals business and has sold its coding business. so th

pepsi pepsi co led by nelson peltz looking to split up the company by the snacktivision. rose slightly today. shake shack a long way from upscale burgers out of a single push cart in a new york city park a decade ago. it's planning to raise up to $80 million in an initial public stock offering. the burger chain now has 35 u.s. locations. more in the middle east in russia turkey and england and it expects to put 5 million shares up for sale now priced between $14 and $16 a piece. don't know if french fries are included with that though. >>> coming up why lawmakers in the country's biggest city are zeroing in on a start-up that's trying to change the way the hotel in >> more fallout now from the swiss national banks. the decision to remove the cap on the frank versus the euro last week which sent the value of the frank soaring. plunged after it lost $200 million on the frank forcing it to seek a bailout loan just to stay in business. today, shares plunged even further down. another 87% after we all learned the terms of that loan it received from leucadia national corp. a st

even nelson peltz has a statement.s saying quote, trian has always believed pepsico has enormous commitment. we're confident bill will be a strong and complementary addition to the pepsico board. many observers, analysts and pundits may look at this and sigh this is possibly at least a bit of detante between nelson peltz's tri an fund management and the pepsico board. >> thank you very much for that upset. this weekend the yield on the 10-year treasury plunging to start the year. what will it mean for the stock market. and a new cnbc report finds sales of himes priced at $1 million or more cooling down. we'll discuss this trend and if it's a red flag for the economy. tdd# 1-800-345-2550 [ male announcer ] your love for trading never stops tdd# 1-800-345-2550 even on the go. tdd# 1-800-345-2550 open a schwab account, and you could earn tdd# 1-800-345-2550 300 commission-free online trades. tdd# 1-800-345-2550 so if you get a trade idea schwab can help you take it on. tdd# 1-800-345-2550 we're getting a lot of questions

a way both can win except if the stock keeps rally, the pepsico managed to reach a compromise with peltz. i like to think there could be promiz for dupont. procter & gamble the tough medicine towards every division. the stocks had a huge run. a see a battle round. matched by commodity tail winds and more restructure, i do like big dividends and buy back. tuesday evening, it's all apple. the expectations here i know they've gotten very high. and i'm going to be all over it like white on rice but as always i'm admonishing you to do what my charitable trust is doing, just own apple. don't trade it. i think iphone sales will be exceptional. here's how the game works. there's always going to be some analyst who will be disappointed. if you don't own already, just counsel you wait to buy it on weakness after print. wednesday we hear from boeing. boeing is a company that's been targeted repeatedly in the press for being a loser in the lower oil world because airlines will need to upgrade with more fuel efficient planes. these airlines will buy any planes they can get they are hands on. they don

nelson peltz a seed of sorts on pepsi.on't know where you think dupont will ultimately land. >> obviously i'm not going to comment on that but look. i think, first of all, the idea which may have existed five to ten years ago of an insular board that is a sinacure and filled with pure supporters of the strategy of the chief executive and of the company is a thing of the past. and so as a general matter boards are much more responsive to shareholders, much more responsive to different perspectives and i think anyone whether they are in the legal community or investment banking community, would advise boards to do that and the real question is you don't want to do something that disturbs the ability of a board to freely interact and to develop the best as blair said long term and short-term strategy for shareholder -- >> a bill johnson is a talented board member on pepsi that any board would be happy to have. the fact is it's a good thing that someone like nelson and someone in a company like pepsi can recognize that as a co

york being the one that is more likely than not -- >> is bank of new york, is that a piggyback on peltzand gives you an extra tail wind. >> a lot can be done there. >> so what happened here? do you understand? market related net interest income adjustment 1.2 billion. >> is this because interest rates unexpectedly -- yields unexpectedly fell at the end of last year? >> yeah. they got a little extra squeeze. they're coming down. the stock ran up to 42 or 43 and it's back down to 37 or 38. i like what is happening in the trust banks because that $200 trillion, they've done a fabulous job and they are more conservative or alert about how they invest their assets to get a higher current return. >> if i understand this properly, i think the banks were caught by surprise that interest rates actually declined at the end of last year. >> i can't comment on that. anton and those that follow that -- it's not a core competency. a billion is what we manage. we're sensitive about every stock. but if i'm looking over for takeovers i would go to the carolinas and florida. >> just looking at best buy q

he man comes in aided by nelson peltz. catch a quick double. so these things can be fixed.they stumbled in china. if they didn't that stock would be at 90. the fact is that mcdonald's is about a factory. it's about making product and getting it to the customer. good tasting and not difficult. clean the stores. i don't think the franchise is going to put more money towards this company as long as thompson was running it. easterbrook, big turnaround in the uk. very social media oriented. i think he can make this a better company. not unlike when shultz came back to starbucks. it'll take 18 months. that's how long it took shultssz before you see anything positive. but i think we'll see real positive momentum after that period. >> i hope you're right. i don't miss photo mats. dropping that stuff off. i will care if something happens to mcdonald's. >> this is about cash flow. it's about franchisees buying in. yesterday they said hey, enough is enough. enough rabbits pulled out of the hat. we've got to go back to basics. the cmo, easterbrook, says listen, we've got good burgers,